Your VegasNow welcome bonus step by step
Up to A$8,000 in match credit and 500 spins, split across your first four deposits. This page walks each step in order, prices the 40x requirement with real numbers and explains why a larger opening deposit still sits inside step one.
The four steps as published
Match rate, cash ceiling, spin count and code for every deposit in the sequence.
Open an account →| Deposit | Bonus | Free spins | Code |
|---|---|---|---|
| 1st deposit | 150% up to A$1,500 | 200, released once the deposit is wagered 1x | No code needed |
| 2nd deposit | 100% up to A$2,000 | 50 | VEGAS2 |
| 3rd deposit | 50% up to A$2,000 | 50 | VEGAS3 |
| 4th deposit | 25% up to A$2,500 | 200 | VEGAS4 |
| Package | Up to A$8,000 | 500 | Codes on 2, 3 and 4 |
Step one: 150% up to A$1,500 and 200 spins
Your first deposit is the only one that needs no code at all. Fund the account with A$20 or more and the 150% match is calculated and credited with that payment, then the spin release begins. A$20 brings A$30 of bonus credit. A$100 brings A$150. A$600 brings A$900. The match keeps pace with your deposit until it meets the A$1,500 ceiling, which happens at a deposit of A$1,000, and anything above that still deposits normally but adds no further bonus on this step.
The 200 spins on step one are the only batch in the package that waits on a condition before it unlocks. They are released once the first deposit itself has been wagered once, and they then carry their own activation period, shown on the offer in your account, so the useful habit is to turn the deposit over early rather than leave the spins to the end of the week. Winnings from them carry 40x wagering and sit under the A$300 welcome free-spin winnings cap.
Winnings produced by those spins are credited as bonus funds. They are real and they are yours to play with, but they sit on the bonus side of the balance and therefore carry the same 40x requirement as the cash match. That is the single most useful thing to understand about any spin offer: the spins are free, the winnings are conditional.
Steps two, three and four
Each later deposit has its own code, its own rate and its own spin batch. They run in sequence rather than together.
More on the codes →Second deposit, code VEGAS2
A 100% match up to A$2,000 with 50 spins attached. Enter
VEGAS2on the deposit form before confirming the payment. At 100% the maths is as simple as it gets: whatever you deposit is what we add, up to the point where your deposit reaches A$2,000.Third deposit, code VEGAS3
A 50% match up to A$2,000 with 50 spins, released with
VEGAS3. Half of your deposit is matched, so A$200 becomes A$300 of playable balance and A$1,000 becomes A$1,500. Filling the ceiling on this step needs a A$4,000 deposit, which is well beyond what most accounts use it for.Fourth deposit, code VEGAS4
A 25% match up to A$2,500 with 200 spins, released with
VEGAS4. The cash rate is the smallest in the package but the spin batch is the joint largest, and the A$2,500 ceiling is the highest of the four. Plenty of accounts treat this step as a spins offer with a cash top up attached.Order matters, timing does not
The steps unlock in sequence, so VEGAS3 will not apply until the step two bonus has been settled. There is no deadline on the sequence itself. You can leave days or weeks between deposits, and the 7 day clock belongs to each individual bonus rather than to the package as a whole.

Why there is no 200% swap for step one
There is no separate first step for a larger opening deposit: the 150% match up to A$1,500 with 200 free spins applies to every first deposit from A$20, and a bigger payment simply fills more of the cap. A$500 therefore becomes A$750 of bonus on top of the deposit, A$1,000 reaches the A$1,500 ceiling outright, and anything above that deposits as ordinary cash. The larger ceilings sit in steps two to four, where VEGAS2, VEGAS3 and VEGAS4 unlock up to A$2,000, A$2,000 and A$2,500 respectively.
The cap is the part worth weighing. A$1,000 is the deposit that lands exactly on the A$1,500 ceiling, and anything above that arrives as ordinary cash rather than bonus, which is the practical reason to think about how much of a large payment you want tied to wagering at all.
The ordinary rules still apply underneath. Wagering is 40x the bonus, the stake ceiling is A$8 per spin while the bonus is live, maximum cashout from bonus funds is A$5,000 and the bonus expires 7 days after activation. A larger bonus means a larger turnover target, so a deposit near the A$1,000 mark that fills the cap suits a bankroll that was always going to be played through rather than one stretched to reach a headline.
Open an accountThe terms in one block
The same six lines govern every step of the package, whatever the size of the first deposit.
Full terms →| Term | What applies |
|---|---|
| Wagering | 40x the bonus amount |
| Max bet while a bonus is active | A$8 per spin |
| Minimum deposit | A$20 |
| Max cashout from bonus funds | A$5,000 |
| Bonus validity | 7 days from activation |
| Larger first deposit | A$500 or more still takes the same 150% match, up to the A$1,500 ceiling reached at A$1,000; there is no high roller route or VIP trial |
Working the 40x requirement with real numbers
Wagering is the part of any package that deserves arithmetic rather than a shrug, and the calculation is short. Multiply the bonus credited by 40 and that is the turnover required before the balance converts. The deposit itself is never part of the sum.
Four conditions sit beside that multiplication and change what the result means in practice. Only one bonus can be active on the account at a time, so a later stage, or a reload such as the Tuesday Lucky 7s Load Up, cannot start until the current bonus is cleared, expired or cancelled. Bonus funds work in the casino and live casino only; they cannot be placed on sports, and a sports bet does not count towards wagering. Game weighting differs: pokies count 100%, roulette 25%, blackjack and game shows 10%, baccarat 0%. And each stage's spins appear only once that deposit has been turned over a single time, then run on their own activation period with a A$300 ceiling on what they win per offer. Any bonus can be declined at the cashier if those terms do not suit the session you have in mind, which leaves the deposit as ordinary cash.
Take a A$200 first deposit. The 150% match adds A$300 of bonus credit, so the requirement is A$300 multiplied by 40, which is A$12,000 of turnover. That number looks severe until you notice it is turnover rather than loss: at A$1 a spin it is 12,000 spins, and a balance that wins and loses in the normal way cycles through that total many times over before it is exhausted. At the A$8 ceiling the same requirement needs 1,500 spins.
Now take the A$20 minimum. The match is A$30, the requirement is A$1,200, and at A$1 a spin that is 1,200 spins to clear. Smaller bonuses are genuinely easier to finish, which is the honest argument for starting small and climbing only when a step has been cleared comfortably.
Two limits shape the end of the exercise. The first is the 7 day window: whatever turnover remains when it closes expires along with the bonus, so a requirement should be sized to the time you actually have. The second is the A$5,000 maximum cashout from bonus funds, which caps what any single bonus can convert regardless of how the spins fall. Once a bonus is cleared the balance becomes ordinary cash, and from there a withdrawal returns to your deposit method where applicable once identity checks are completed, with large amounts paid in instalments.
Before you claim
- Deposit at least A$20, or A$30 if you are paying by card or MiFinity
- Leave the stake at or under A$8 per spin for as long as a bonus is active
- Type
VEGAS2,VEGAS3andVEGAS4on the matching deposits, nothing on the first - Check the activation period on the free spin offer so none of the 200 spins goes unused
- Finish identity verification early rather than at the moment you want to cash out
- Check the bonus panel in the cashier for outstanding turnover and the closing date
Welcome bonus questions
Do I have to take all four deposits?
No. Each step is optional and the package simply stops where you stop. The first deposit on its own still pays 150% up to A$1,500 with 200 spins.
Can I claim a bigger first deposit offer instead of the standard match?
No. There is one first deposit match, 150% up to A$1,500, and a larger payment simply fills more of it. A$1,000 is the deposit that reaches the ceiling, and anything above that arrives as cash.
What counts towards the 40x figure?
Real money turnover placed while the bonus is active, measured against the bonus amount rather than the deposit. The cashier shows how much is left.
Are the step one spins all released on day one?
No. Each deposit's batch is released once that deposit has been wagered once, and the spins have their own activation period shown on the offer.
Does a code work after the deposit has gone through?
No. Codes are read at the moment the payment is confirmed, so VEGAS2, VEGAS3 and VEGAS4 have to be entered on the deposit form itself.
How much can a welcome bonus actually pay out?
Bonus funds carry a A$5,000 maximum cashout per bonus. Winnings made with your own cleared balance are not capped by that figure.
The first step needs no code
Register, deposit A$20 or more and the 150% match with its 200 spins is applied to your balance automatically.
Where to next
All bonuses
Cashback, VIP and spins alongside the welcome package.
→Deposit bonus
Match maths for every amount from A$10 to A$300 and beyond.
→Free spins
Where the 500 spins sit and how each batch is released.
→No deposit bonus
Why we do not run one, and what the real alternative is.
→Registration
The account steps, verification and your first deposit.
→Withdrawal
Methods, timings and the checks that come first.
→