How the Posido Welcome Bonus Works

Two parts, one package

The welcome package is built from two pieces that land in your account separately. The first is matched deposit funds: when you make your qualifying first deposit in AUD, Posido adds a percentage of that amount as bonus funds. The second is a batch of free spins on selected pokies, usually credited alongside the deposit match or shortly after, depending on the promotion running at the time. Exact percentages, minimum deposit and the number of spins are set on the promotion itself and listed in full on the bonus and promotions pages, not fixed figures we repeat everywhere. T&Cs apply.

We keep the offer tied to your first deposit because that is the moment new players most want extra playing time on the pokies floor. Reload bonuses and free spin drops for existing players run separately through Promotions and follow the same basic shape: a match on your deposit, or a fixed spin count, with its own terms.

Wagering requirements, in plain terms

Bonus funds and free spin winnings are not withdrawable the moment they land. They carry a wagering requirement, meaning you need to play through the bonus amount a set number of times before it converts to withdrawable balance. This is standard across online casinos and it exists so bonus funds get used for actual play, not immediate cashout.

• The wagering multiplier (for example, needing to wager the bonus a set number of times) is stated on the specific promotion page, not on this general guide.
• Different games contribute differently towards wagering. Pokies typically count in full, while table games and live dealer tables often contribute less or not at all.
• Wagering requirements usually apply to the bonus amount only, though some promotions apply them to deposit plus bonus combined. Check the specific offer.
• Free spin winnings are usually credited as bonus funds subject to their own wagering requirement, separate from any deposit match running at the same time.
• There is generally a time window to clear wagering before unused bonus funds expire.

Eligibility basics

The welcome package is for new, first-time depositors at Posido who are 18 years or older. One welcome package per player and household is standard practice, and payment method restrictions can apply. Some payment types, including certain crypto deposits, may be excluded from qualifying for the deposit match depending on the promotion, so it's worth checking the current terms before you fund your account through Payments.

Bonus funds sit separately from your real money balance while wagering is in progress, and most accounts let you track remaining wagering directly in the cashier. If you'd rather play without a bonus attached, you can decline the welcome offer at signup and deposit on a cash-only basis instead.

Full terms live in one place

Every promotion at Posido, welcome package included, links out to a full terms document covering minimum deposit, maximum bonus, wagering contribution by game type, withdrawal caps on bonus winnings and expiry dates. Read that document before you opt in. General site terms, including account rules and payment policies, are set out on Terms and Conditions.

Related pages

For the current welcome package figures and any live reload offers, see Promotions. To check which pokies count towards wagering, browse Pokies. For deposit and withdrawal methods that qualify for bonus offers, visit Payments. Ready to start? Head to Register.