Welcome Deposit Bonus 200% Match Bonus

Min deposit $25 AUD · Code KOALAFUN

Two Up Casino Bonuses: Welcome Offers, Codes and Free Spins

Two Up Casino gives you several ways to start with a bonus, from a 200% welcome match to no-deposit credits and free spins. The important bit is matching the offer to your deposit, then working out the wagering before you play.

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Welcome bonus: how the first two deposits are treated

The main welcome offer is a 200% deposit match for your first two deposits. The minimum deposit is $25 AUD, and the wagering requirement is 35× the deposit plus bonus amount. That means both parts count in the calculation, not just the cash you put in.

Jump to
OfferMatchMinimum depositWageringMain condition
Welcome match200%$25 AUD35× deposit + bonusValid for the first two deposits
First-deposit alternative320%$2530× deposit + bonusNo maximum cashout

Here is the simple maths. A $25 deposit with the 200% match creates a $50 bonus, giving a $75 deposit-plus-bonus total. At 35×, the wagering figure is $2,625. That is a worked example, so your own total changes with the amount you deposit.

Choose the welcome structure

Decide whether the 200% first-two-deposit offer or the separate 320% first-deposit option suits your plans.

Check the minimum

Have at least $25 AUD ready for the welcome match.

Use the matching code

Enter the code connected with your chosen offer before completing the qualifying deposit.

Work out the playthrough

Multiply the deposit-plus-bonus total by the stated wagering figure before you start.

A bigger match also creates a bigger wagering figure

A bonus increases your starting balance, but it also increases the amount attached to the wagering calculation. Treat it as entertainment money and only deposit what fits your budget.

The 320% option: a larger match with 30× wagering

The separate 320% offer is a first-deposit alternative with a $25 minimum and 30× wagering on the deposit plus bonus. It has no maximum cashout, which gives it a different shape from promotions that place a ceiling on the amount you can take forward after playthrough.

For example, a $25 deposit would produce a $80 bonus. The deposit-plus-bonus total would be $105, and 30× that amount gives a wagering figure of $3,150. The arithmetic is worth doing before you choose because the higher percentage does not automatically mean the lower playthrough.

This option uses the code CHIPY320. Keep the offer terms beside you when you claim it, especially the 30× calculation and the no-maximum-cashout condition.

No Deposit Bonus: free credits and their cashout rules

Two Up Casino also offers multiple no-deposit bonus codes to new players. The free-credit amounts range from $5 to $35, and each offer comes with its own wagering and maximum-cashout terms.

That structure matters. A no-deposit credit can let you begin without making a deposit, but the balance is still tied to the conditions of that particular promotion. Before you play, note the wagering figure and the maximum amount that can be taken out.

  • Confirm the value of the free credit.
  • Check whether wagering applies and how it is calculated.
  • Note the maximum cashout before placing bets.
  • Use the code attached to the exact offer you selected.
  • Keep any completed wagering record with your account details.

The no-deposit range is useful if you want to try a smaller promotion first. Just remember that the free amount is not the same as an unrestricted cash balance. The promotion rules decide what happens after the wagering is complete.

Promo codes: how to apply the right offer

Promo codes connect a specific bonus to your account. KOALAFUN is the code for the 200% welcome match on the first two deposits, while CHIPY320 is linked to the 320% first-deposit alternative. Using the code that matches the offer helps keep the terms clear from the start.

Pick one promotion

Start with the bonus amount and wagering figure, rather than choosing only the biggest percentage.

After you Login, enter the code

Use the promotion code connected with that offer before you confirm the qualifying deposit.

Meet the minimum

The welcome offers require at least $25 AUD.

Check the credited bonus

Make sure the expected offer is attached to the deposit before you begin play.

Codes are offer-specific, so do not treat one code as a general key for every promotion. Deposit codes and free-spin codes can have different playthrough, maximum-cashout and eligible-play conditions.

When you browse Games Online, choose a promotion that suits the type of play you actually plan to use. That small bit of planning can make the wagering easier to follow.

Free spins: three codes with different playthrough terms

The free-spin offers are separate from the deposit matches and come with their own codes. Two of the options are no-deposit promotions, while the Thai Emerald offer includes a maximum cashout.

CodeFree spinsTitleWageringCashout term
SURICATTA66No-deposit free spins40×No maximum cashout
MERMAID20025Mermaid's Pearls50×No maximum cashout
PSITTACINE45Thai Emerald50×$90 maximum cashout

The title-specific offers are easy to separate by code: MERMAID200 is for Mermaid's Pearls, and PSITTACINE is for Thai Emerald. SURICATTA gives 66 no-deposit free spins with 40× wagering and no maximum cashout.

Free spins can feel simpler than a deposit match, but the wagering still deserves attention. A 50× requirement is materially different from 20× or 30×, so look at the number beside the code before you start.

Bonus wagering: how contribution rates change the maths

Wagering is reduced by the amount that each bet contributes. For the welcome offer, the starting figure is the deposit plus bonus, multiplied by 35. A $100 deposit with a 200% match creates a $200 bonus, giving a $300 base. At 35×, the resulting wagering figure is $10,500.

Not every category contributes in the same way. Video poker and card games contribute 20% towards wagering. So, where that contribution applies, a $100 wager adds $20 to wagering progress rather than $100.

DepositMatchBonusDeposit + bonusWagering figure
$25200%$50$75$2,625 at 35×
$100200%$200$300$10,500 at 35×
$25320%$80$105$3,150 at 30×

Maximum-cashout offers need one extra check. When the wagering requirement is met, any amount above the stated cap is removed from the balance. For an offer with no maximum cashout, the bonus amount itself is not withdrawable, while winnings above the bonus amount can be withdrawn after playthrough.

Do the calculation before the first bet

Write down the deposit, bonus, multiplier and contribution rate. It is much easier to track a promotion when you know the target in dollars rather than relying on the balance alone.

Cashback and comp points: extra value after you play

A 100% cashback programme is available. Enrolment is triggered by the verification phone call that follows your first successful deposit, so keep an eye out for that account check.

The loyalty programme uses comp points. You earn 1 point for every $10 wagered, and 100 points convert to $1 in casino credit.

A quick example: $1,000 in wagering produces 100 comp points, which equals $1 in casino credit. This is separate from the headline percentage on a welcome match, so it is worth keeping the two calculations separate in your notes.

Bonus terms also matter when you later make a Withdrawal. Keep the promotion record and your progress visible, particularly if the offer has a maximum cashout.

Bonuses: your questions

What is the main Two Up Casino welcome bonus?

The main offer is a 200% match on your first two deposits. It requires a minimum deposit of $25 AUD, uses 35× wagering on the deposit plus bonus, and uses code KOALAFUN.

What is the 320% welcome offer?

It is a separate first-deposit option with a $25 minimum and 30× wagering on the deposit plus bonus. It has no maximum cashout and uses code CHIPY320.

How much can a No Deposit Bonus be worth?

The no-deposit bonus range runs from $5 to $35 in free credits for new players. Each code has its own wagering and maximum-cashout terms.

Which free-spin code gives 66 spins?

SURICATTA gives 66 no-deposit free spins with 40× wagering and no maximum cashout.

What are the Mermaid's Pearls free-spin terms?

Code MERMAID200 gives 25 free spins on Mermaid's Pearls. The offer carries 50× wagering and no maximum cashout.

How do the wagering calculations work?

Multiply the deposit plus bonus by the stated multiplier. For example, a $25 deposit with a 200% match creates a $75 total and a 35× wagering figure of $2,625.

How are comp points earned?

You receive 1 comp point for every $10 wagered. Once you have 100 points, they convert to $1 in casino credit.