Min deposit $25 AUD ยท Code KOALAFUN
Two Up Casino Welcome Bonus: 200% Match for Australian Players
If you're looking at the Two Up Casino Australia welcome bonus, the main offer gives you a 200% match across your first two deposits. The minimum deposit is $25 AUD, and the wagering requirement is 35x the deposit plus bonus amount.
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The 200% welcome bonus: what the first two deposits include
The headline welcome offer is designed for new players and applies to the first two deposits. You receive a 200% deposit match, so a $25 deposit creates a $50 bonus, while a $100 deposit creates a $200 bonus. The wagering target is calculated from both parts, not from the deposit alone.
Jump to
| Term | Details |
|---|---|
| Bonus | 200% match |
| Qualifying deposits | First two deposits |
| Minimum deposit | $25 AUD |
| Wagering | 35x deposit + bonus |
| Standard weekly withdrawal | $2,000 AUD |
The offer uses code KOALAFUN for Australian players. It is worth treating the bonus balance and your cash balance as separate figures while you play, because the wagering target is tied to the combined deposit and bonus value.
The important figure is the combined balance
A 200% match is not a 200% cash return. It is bonus credit added to the qualifying deposit, and both amounts are used in the 35x wagering calculation.
How to claim the offer during Registration
The process is fairly straightforward, but take a moment to check the figures before making the deposit. During Registration, you select an account currency from USD or EUR, and that choice cannot be changed afterwards. The welcome offer quotes its minimum in AUD, so keep the currency setting in mind.
Open an account with Two Up Casino and use one account only. The registration rules allow one account per player.
Choose USD or EUR during Registration. The selected currency stays attached to the account.
Deposit at least $25 AUD for the welcome offer. Use the available cashier method that suits you.
Enter KOALAFUN for the 200% match and check that the offer is attached before you start playing.
The welcome structure is valid across the first two deposits for new players, so the second deposit can also form part of the offer.
After the first successful deposit, Two Up Casino contacts you by phone to verify your account details. Email verification is also available. You can complete the process from a smartphone or tablet browser, so a Mobile App is not needed for instant play.
35x wagering: work out your playthrough target
The formula is 35 multiplied by the deposit plus the bonus. In plain English, add the two figures together, then multiply that total by 35. Each qualifying bet reduces the remaining requirement according to the contribution rate for the game.
Two simple examples
| Deposit | 200% bonus | Combined amount | 35x wagering target |
|---|---|---|---|
| $25 | $50 | $75 | $2,625 |
| $100 | $200 | $300 | $10,500 |
For the first example, the calculation is 35 x ($25 + $50), which equals $2,625. For the second, it is 35 x ($100 + $200), giving a $10,500 target. These are playthrough figures, not amounts you have to deposit again.
- Calculate the target before choosing your deposit amount.
- Remember that the bonus increases the wagering requirement.
- Keep track of the remaining target as your bets contribute.
- Do not treat the bonus balance as immediately withdrawable cash.
Cashout rules depend on the offer structure
For a bonus with a maximum cashout, any amount above that limit is removed from the balance after the wagering requirement is met. For an unlimited-cashout bonus, the bonus amount itself is not withdrawable, while winnings above the bonus amount can be withdrawn after playthrough.
Game contribution rates: what counts towards wagering
Not every game contributes at the same rate to bonus wagering. Slots and video slots carry the full contribution, while video poker and card games contribute less. That difference can change how quickly your target moves.
| Game type | Contribution |
|---|---|
| Slots and video slots | 100% |
| Keno | 100% |
| Scratch cards | 100% |
| Video poker | 20% |
| Card games | 20% |
For example, a $10 bet on a full-contribution slot counts as $10 towards the wagering target. A $10 video poker bet contributes $2 at the 20% rate. The wagering requirement reduces by the amount counted from each bet, so the contribution percentage is the part to watch.
The welcome offer is one of the Bonuses available at Two Up Casino, but its own wagering calculation should be kept separate from any other offer you may see. Playing within the stated contribution rules makes it easier to follow your progress.
The 320% first-deposit option and its separate terms
There is also a separate 320% first-deposit welcome option. It has a lower wagering multiplier than the main 200% offer, but its game restrictions are narrower, so the headline percentage is only one part of the comparison.
| Term | Details |
|---|---|
| Bonus | 320% first-deposit match |
| Minimum deposit | $25 |
| Wagering | 30x deposit + bonus |
| Eligible games | Slots and specialty games only |
| Maximum cashout | No maximum cashout |
| Code | CHIPY320 |
A $25 deposit under this option would create a $80 bonus, making the combined amount $105. At 30x, that produces a $3,150 wagering target. Compare that calculation with the 200% offer before choosing, and use the option whose game rules suit the way you prefer to play.
Withdrawals after wagering: limits, documents and timing
Once the relevant wagering requirement has been completed, withdrawals are available through Visa, Mastercard or bank wire transfer. The standard weekly withdrawal limit is $2,000 AUD, and there is no win limit. VIP players can ask their Personal Account Manager to review the weekly limit for a higher amount.
| Method | Minimum | Maximum per transaction |
|---|---|---|
| Visa | $100 | $2,000 |
| Mastercard | $100 | $2,000 |
| Wire Transfer | $100 | $2,000 |
Processing takes 3-7 business days after KYC approval. The casino does not charge withdrawal fees, although bank processor fees may apply. A card withdrawal is available only when that card was used to fund the account; otherwise, the withdrawal is handled by wire transfer.
KYC approval can take up to 3 business days for new players and is completed once. You can request a withdrawal only after the documents have been approved.
- A coloured copy of government-issued photo ID, showing the front and back.
- A colour copy of the funding card showing the first 6 and last 4 digits, expiry date, cardholder name and signature. The remaining card number may be covered.
- A utility bill or official document showing your full name and current physical address, dated within 3 months.
- BTC wallet details or bank wire details.
- A voided cheque or online banking statement may also be requested.
Plan around the weekly limit
The standard weekly limit is $2,000 AUD, even though each listed withdrawal method also shows a $2,000 maximum per transaction. The casino may combine multiple withdrawal requests into fewer transactions up to that weekly maximum, or pay winnings in instalments based on player class.
Cashback, comp points and sensible bonus planning
The welcome offer is not the only way to receive extra value. A 100% cashback programme is available, with enrolment triggered by the verification phone call after your first deposit. There is also a comp point system for ongoing play.
| Activity | Reward |
|---|---|
| Every $10 wagered | 1 comp point |
| Every 100 points | $1 casino credit |
Player class is based on depositing or gaming activity. VIP players receive a Personal Account Manager, may have faster withdrawals and can request a review of the standard weekly withdrawal limit. You can also set a deposit limit through the Account Manager by giving 24 hours' notice; changes are implemented within 24 hours.
- Choose a deposit that leaves room in your entertainment budget after the bonus target is calculated.
- Use the contribution table rather than assuming every game clears wagering at the same pace.
- Keep your identity and payment documents ready before requesting a withdrawal.
- Treat the bonus as entertainment credit with real financial risk, not as a way to guarantee a return.
Welcome Bonus: your questions
What is the minimum deposit for the Two Up Casino welcome bonus?
The minimum deposit is $25 AUD. The main 200% offer applies to the first two deposits for new players.
How is the 35x wagering requirement calculated?
Multiply the deposit plus the bonus by 35. For example, a $25 deposit and $50 bonus create a $75 combined amount, so the target is $2,625.
Which games contribute fully to the welcome bonus wagering?
Slots, video slots, keno and scratch cards contribute at 100%. Video poker and card games contribute at 20%.
What code is used for the 200% welcome offer?
Australian players use KOALAFUN for the 200% match on the first two deposits.
What is the standard withdrawal limit after completing wagering?
The standard weekly withdrawal limit is $2,000 AUD. Visa, Mastercard and wire withdrawals each have a $100 minimum and a $2,000 maximum per transaction.
How long does KYC approval take?
KYC document approval can take up to 3 business days for new players. A withdrawal can be requested after all required documents have been approved.
Which account currencies can I choose during Registration?
You can select USD or EUR during Registration. The selected account currency cannot be changed afterwards.
Can I set a deposit limit while using the welcome offer?
Yes. You can contact the Account Manager to set a deposit limit, with 24 hours' notice required and changes implemented within 24 hours.
