How bonuses work at Peakbet
A bonus is extra play value added to your account, usually in return for a deposit or for taking part in a promotion. Some offers come as bonus funds. Others come as free spins on selected games. Each one sits under its own set of terms, and those terms decide how the bonus can be used, how long you have, and when winnings can be withdrawn.
We do not list specific amounts on this page, because offers change and an out-of-date figure helps nobody. The current promotions are shown on the site and in your account once you are logged in. That is the place to confirm what is on offer today.
How claiming works
The exact steps depend on the promotion, but the general pattern is the same.
Before you deposit
Open the promotions section and read the offer you are interested in. Look for the minimum deposit, the payment methods that qualify, and whether you need to opt in or enter a code. Some offers apply automatically after a qualifying deposit. Others need you to select them first, and a deposit made without doing so may not count.
After you deposit
Check your account to confirm the bonus has been credited. If it has not appeared, contact support before you start playing, since wagering usually begins as soon as you place bets. Keep a note of the time of your deposit and the offer name so the team can find it quickly.
While you play
Your account will normally show bonus funds and cash funds separately. The terms set out which is used first and what happens to the bonus if you withdraw before meeting the conditions. Read that section closely, because it differs between offers.
Wagering in general terms
Wagering, sometimes called a playthrough requirement, is the amount you need to bet before bonus-related winnings can be withdrawn. It is normally stated as a multiple. If a bonus carried a requirement of 10 times, a $50 bonus would mean $500 in total bets. That example is only an illustration of the arithmetic and does not describe any current Peakbet offer.
Several details change how quickly you get through a requirement:
- Games contribute at different rates. Pokies often count in full, while table games and live games may count for a smaller share or not at all.
- Some offers set a maximum bet while bonus funds are active. Going over it can void the bonus and any winnings from it.
- The multiple may apply to the bonus alone or to the deposit and bonus together.
- Requirements come with a time limit, and unfinished bonuses expire.
What to check before you claim
Reading the terms takes a few minutes and can save a dispute later. These are the points worth confirming for every offer.
| What to check | Why it matters |
|---|---|
| Minimum deposit | A deposit below the minimum will not trigger the offer. |
| Wagering requirement | It sets how much you must bet before withdrawing. |
| Game contribution | Your favourite games may count for less than you expect. |
| Maximum bet | Exceeding it can cancel the bonus. |
| Expiry period | Unused or incomplete bonuses lapse after a set time. |
| Withdrawal cap | Some offers limit how much can be cashed out from bonus winnings. |
| Eligible payment methods | Certain methods may be excluded from an offer. |
Also confirm that your account details are complete and that identity verification is done, since withdrawals can be held up if documents are missing. Only one account per person is allowed, and offers are generally limited to one claim per player or household.
Playing within your limits
A bonus does not change the odds of any game, and it is not a way to recover losses. Set a deposit limit that suits your budget before you start, and keep to it whether or not a promotion is running. The account settings include tools for deposit limits, time-outs and self-exclusion. If gambling stops feeling like entertainment, Gambling Help Online offers free and confidential support in Australia on 1800 858 858. You must be 18 or older to play.
Questions about an offer
If anything in the terms is unclear, ask our support team before you claim. It is far easier to clarify a condition up front than to sort it out after a withdrawal request. Terms on the site are the final word on every Peakbet promotion, and they may be updated from time to time, so check them each time you opt in.