Crypto deposits: 250% up to A$5,000
- Min Deposit
- A$25
- Wagering
- 35× deposit + bonus
- Weekly Withdrawal
- A$2,000
- Promo Code
- KOALAFUN
Two Up Casino Welcome Bonus for Australian Players
Two Up Casino operates under a Curacao eGaming master licence (365/JAZ), issued to operator Blue Media N.V., and protects player data with 128-bit SSL encryption.
The main welcome offer and who it suits
The headline offer is a 200% deposit match up to A$5,000. You need to deposit at least A$25, and the bonus uses a 35× wagering requirement based on your deposit plus the bonus amount. There is no maximum cashout on this offer. In practical terms, the bonus can add a sizeable playing balance, but you need to complete the playthrough before withdrawing related winnings.
| Term | Details |
|---|---|
| Standard offer | 200% match up to $5,000 |
| Crypto offer | 250% match up to A$5,000 |
| Minimum deposit | A$25 |
| Wagering | 35× deposit + bonus |
| Maximum cashout | No maximum cashout |
For cryptocurrency deposits, the match rises to 250% up to A$5,000. The offer is available under the same KOALAFUN promotion. Casino Two Up also gives you other welcome structures, including a 320% first-deposit match with code CHIPY320. That alternative has a $25 minimum deposit, 30× wagering on the deposit plus bonus, no maximum cashout and applies to slots and specialty games only.
Choose the payment method first
The standard welcome match and the crypto version have different percentages. Decide whether you are using a regular deposit or cryptocurrency before you select the offer, then check that the displayed terms match your choice.
How the 35× wagering requirement works
The 35× requirement applies to the deposit and bonus together, not just the bonus. That distinction matters. A $100 deposit under the 200% match produces a $200 bonus, giving you $300 in deposit and bonus funds. The wagering target would therefore be 35 × $300, or $10,500.
| Deposit | Bonus | Combined amount | 35× wagering target |
|---|---|---|---|
| $25 | $50 | $75 | $2,625 |
| $100 | $200 | $300 | $10,500 |
| $500 | $1,000 | $1,500 | $52,500 |
Each bet reduces the remaining wagering requirement by the amount of that bet. A $10 qualifying bet reduces the target by $10. The exact progress depends on the games you play and their contribution rate, so a game that contributes 20% does not clear the requirement as quickly as a game with 100% contribution.
It is worth doing the maths before depositing. The larger the matched amount, the larger the combined balance and the playthrough target. A bonus is optional entertainment money, not a reason to stake more than you planned.
Which games count towards the bonus
The contribution rate depends on the game category. Slots, video slots, keno and scratch cards contribute 100% towards wagering. Video poker and card games contribute 20%. That means a $100 bet on a 100% contribution category reduces the requirement by $100, while a $100 bet on a 20% category reduces it by $20.
| Game category | Wagering contribution |
|---|---|
| Slots and video slots | 100% |
| Keno | 100% |
| Scratch cards | 100% |
| Video poker | 20% |
| Card games | 20% |
Two Up Casino offers pokies, classic and video pokies, progressive jackpot slots, keno, scratch cards, table games, video poker, live dealer games, crash games and bingo. The bonus terms do not give every category the same contribution, so keep the 100% and 20% rates in mind when choosing what to play.
A simple way to estimate progress
Start with the combined deposit and bonus, multiply by 35, then account for the contribution rate. This gives you a useful estimate before you play. For a final balance, follow the wagering counter attached to the bonus.
How to claim the Two Up Casino welcome bonus
You can claim the welcome match when opening and funding an account. The promotion uses the KOALAFUN code, and the minimum deposit is A$25. If you prefer the 320% option, the CHIPY320 code applies to that separate first-deposit promotion.
- Create your accountComplete the account opening process and select USD or EUR as your account currency. The chosen currency cannot be changed after registration.
- Choose your offerSelect the 200% match, or the 250% version when making a qualifying cryptocurrency deposit. The separate 320% option uses its own terms and code.
- Make the depositDeposit at least A$25 or the equivalent in your selected account currency. The maximum deposit per transaction is $1,000.
- Enter the promotion codeUse KOALAFUN for the main welcome offer. If choosing the 320% first-deposit option, use CHIPY320 instead.
- Check the bonus balanceConfirm that the bonus has been added before you start playing. Check the displayed wagering progress as you play.
- Complete the playthroughUse eligible games and allow for their contribution rates. Once the wagering requirement is complete, winnings can be withdrawn under the applicable account and withdrawal rules.
The registration process supports USD and EUR, while the promotion terms also show amounts in Australian dollars. Your account currency is selected during registration and remains fixed afterwards. Payment options include cards, PayPal, Neosurf, bank wire and cryptocurrency, with minimums varying by method.
Bonus rules, payments and withdrawals to plan for
The welcome bonus is connected to the account verification and withdrawal process. After the first successful deposit, Two Up Casino contacts players by phone to verify account details and enrol them in the 100% cashback programme. New players also go through KYC approval once before requesting a withdrawal.
- KYC approval can take up to 3 business days.
- A colour copy of photo ID, front and back, is required.
- A card copy may need to show the first 6 and last 4 digits, expiry date, cardholder name and signature.
- A utility bill or official address document dated within 3 months is required.
- You can request a withdrawal after the required documents are approved.
- Withdrawals are processed through Visa, Mastercard or wire transfer.
- The minimum withdrawal is $100 and the maximum is $2,000 per transaction.
- The weekly withdrawal limit is A$2,000.
Withdrawal processing takes 3-7 business days. Visa withdrawals are available only when that card was used to fund the account; otherwise, a wire transfer is used. Two Up Casino does not charge withdrawal fees, although bank processor fees may apply.
There is no win limit. However, the weekly withdrawal limit is A$2,000, and winnings may be paid in instalments based on player class. VIP players can ask their Personal Account Manager to review a higher weekly limit.
Keep your documents ready
You cannot request a withdrawal until the required verification documents have been approved. Preparing your ID and address document early can make the later process more straightforward.
For safer play, a deposit limit can be set through the Account Manager. You need to give 24 hours' notice, and changes are implemented within 24 hours. The loyalty programme also awards 1 comp point for every $10 wagered, with 100 points converting to $1 in casino credit.
FAQ
Welcome Bonus questions
What is the main Two Up Casino welcome bonus?
It is a 200% deposit match up to A$5,000. The minimum deposit is A$25, wagering is 35× the deposit plus bonus, and there is no maximum cashout.
What welcome bonus is available for cryptocurrency deposits?
Cryptocurrency deposits can receive a 250% match up to A$5,000 under the welcome promotion.
What code is used for the main welcome offer?
The main offer uses KOALAFUN. A separate 320% first-deposit offer uses CHIPY320 and has different wagering and game terms.
How is the wagering requirement calculated?
Multiply the deposit plus bonus by 35. For example, a $100 deposit receiving a $200 bonus creates a $300 combined amount and a $10,500 wagering target.
Do all games contribute equally to wagering?
No. Slots, video slots, keno and scratch cards contribute 100%. Video poker and card games contribute 20%.
Is there a maximum cashout on the main welcome bonus?
No maximum cashout applies to the 200% welcome match or the 250% cryptocurrency version.
How much can I withdraw each week?
The weekly withdrawal limit is A$2,000. VIP players may request a higher limit through their Account Manager.
How long do withdrawals take?
Withdrawal processing takes 3-7 business days. KYC document approval can take up to 3 business days for new players.