Grand Reef Casino Australia 2024 Review

Grand Reef, with some 200 games, may not be grand in size, compared to some online casinos, but it has certainly come up with a grand gesture in its Welcome Bonus offer. While practically every online casino offers some type of Welcome Bonus, few offer a cap as high as Grand Reef. However, before you rush to accept the Grand Reef Casino Welcome Bonus, expecting immediately to be thousands of dollars richer, you need to understand the terms and conditions. For starters, you do not get the entire bonus all at once. It gets delivered to you in five stages, corresponding to your first five deposits with the casino. Here are the other important facts you need to know.

1st deposit: 150% match bonus up to AUD$750 on a deposit of AUD$500 or more

• Playthrough requirement for withdrawal: 40x bonus + deposit
• Valid on pokies (except progressives), table poker, roulette, blackjack, craps, baccarat, and Sic Bo. However, only pokies count 100%. Table poker and roulette only count 25% and the other allowed games only count 5%.
• Excluded games: Progressive jackpot games, video poker, Red Dog
• Minimum deposit: $25
• Maximum winnings available for withdrawal after meeting wagering requirements: 3x bonus + deposit

2^nd deposit: 175% match bonus up to AUD$875 on a deposit of AUD$500 or more

• Valid for 7 days from date of first deposit
• Minimum deposit: $35
• Terms and conditions otherwise the same as for first deposit bonus

3^rd deposit: 200% match bonus up to AUD$1,000 on a deposit of AUD$500 or more

• Valid for 7 days from date of first deposit
• Minimum deposit: $45
• Terms and conditions otherwise the same as for first deposit bonus

4^th deposit: 225% match bonus up to AUD$1,125 on a deposit of AUD$500 or more

• Valid for 7 days from date of first deposit
• Minimum deposit: $55
• Terms and conditions otherwise the same as for first deposit bonus

5^th deposit: 250% match bonus up to AUD$1,250 on a deposit of AUD$500 or more

• Valid for 7 days from date of first deposit
• Minimum deposit $65
• Terms and conditions otherwise the same as for deposit bonus

As part of this Grand Reef Casino review, it is important to comment on not only what is great about this bonus (how big it is), but also some aspects that are not so great, which you need to keep in mind so you can benefit from it rather than be hurt by it. For starters, the 40x playthrough on both the bonus and deposit combined is quite high. As great as it would be to get the maximum bonus of $5,000, you will need to deposit a total of $2,500 (five separate deposits of $500 each) all in one week, and then you will have to give the casino $300,000 worth of action. If this is more than you can comfortably afford, you should deposit less and be content with a smaller bonus.

Furthermore, only pokies count 100% towards meeting the wagering requirements. The other permitted games count only a small fraction of the full amount, so for all intents and purposes, this is a bonus for pokies exclusively. It is too bad that not only are progressive jackpot games not allowed at all, but the casino is limiting your winnings to only 3x the bonus + deposit. Thus, for example, if your first deposit is $100 and you then receive a $150 bonus, the maximum you would be able to cash out on that part of the Welcome Bonus after putting $10,000 into play ($250 x 40) is $750.

What is nice about this Welcome Bonus is that it gives you plenty of ammunition to play with, thus improving your chances to win in case you don’t get lucky right away. When all is said and done, upon meeting the specified playthrough requirements, the bonus, your deposit, and the allowable portion of your winnings are all yours.

All players earn comp points for their activity in the casino, and the more you play, the more you earn and the greater your rewards. Every $10 wagered earns 1 comp point, (though it is not clear if different games count differently), which you can accumulate and when you have enough, redeem for cash. In addition, a combination of your comp point total and lifetime deposit total determines which of six VIP levels you are currently at. In keeping with the underwater theme of this casino, the six levels are as follows:

All players receive the Grand Reef Casino monthly newsletter, the ability to convert comp points to cash, free wire transfers, and 24/7 customer support. However, as you move up the VIP ladder, you qualify for bigger bonuses and promotional offers and increased deposit and betting limits. The casino could be more specific about what kinds of extra benefits are forthcoming at each higher level. However, unlike at some online casinos, once you achieve a certain level, you are not required to keep up a minimum number of points each month to maintain it. Once you achieve a certain VIP status, it is yours for life.

From time to time, Grand Reef Casino also offers various special promotions. Some of the past promotions have included drawings for all expenses paid trips to fabulous destinations like the Grand Barrier Reef and Melbourne Cup or deluxe prizes like spa treatments or an iPod Touch. Keep checking the website for more special promotions. Right now and presumably ongoing indefinitely, all players can take advantage of the following promotion to “invite a mate” and receive an extra bonus.

Invite a Mate

If you enjoy playing at Grand Reef Casino, there is a good chance your friends will, too. For each friend you invite who signs up to play and opens an account with a real money deposit of $25 or more, you will receive a $50 bonus. See the website for additional terms and conditions.

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Reviewed by: OnlineCasino.com.au™