I used to read a bonus offer the way I read a pub menu: look at the picture, order the first thing. Then a mate got stuck with a balance he couldn't withdraw, and I started reading terms properly. The same checks apply to promotions on Reefspins or any other site. This is general information for adults only.
Wagering
This is the amount you must bet before bonus money turns into something you can withdraw. It's written as a multiple. Say you get A$50 in bonus funds with a requirement of 30 times the bonus. That's A$1,500 in total bets. At A$1 a spin, you'd need fifteen hundred spins.
Check whether the multiple applies to the bonus only or to the deposit plus the bonus, since the second is twice the work. Also check how games count. Pokies often count in full, while table games may count for a fraction.
Time limit
Every bonus has an expiry. It might be seven days or thirty, and the countdown often begins the moment the bonus lands in your account. If you can't realistically hit the wagering inside the window, the leftover balance disappears.
A practical check: divide the total wagering by the number of days, then ask yourself if that daily amount fits your budget. If A$1,500 over seven days means more than A$200 of betting a day, it probably doesn't.
Maximum bet
While a bonus is active, there's a cap on each bet, commonly A$5 or less. Going over it can void your winnings, even if it was accidental. Autoplay and "repeat last bet" settings are the usual culprits, so check the stake before every session.
Other lines to scan
- the highest amount you can win from the bonus - games excluded from the offer - whether you can withdraw your deposit while the bonus is active - what happens if you cancel the bonus
My rule of thumb
If I can't explain the offer in two sentences, I skip it. Passing on a bonus costs nothing, and plain deposited money is simpler to track.
Keep to your limits and take regular breaks. Gambling Help Online runs a free, confidential service across Australia if you need to talk.