How the four-step welcome bonus is structured
Rather than giving one bonus on a single deposit, the welcome offer is split across four deposits. The package adds up to 375% in matched bonus funds, with a maximum total of $5,625 AUD, plus 200 free spins. Each step has its own percentage, maximum bonus and free-spin allocation.
| Step | Bonus | Free spins | Minimum deposit | Validity |
|---|---|---|---|---|
| 1 | 100% up to $1,500 AUD | 50 FS | $30 AUD | 7 days |
| 2 | 100% up to $1,125 AUD | 100 FS | $30 AUD | 7 days |
| 3 | 75% up to $1,500 AUD | 50 FS | $30 AUD | 7 days |
| 4 | 100% up to $1,500 AUD | None | $30 AUD | 7 days |
The first three steps provide the full 200 free spins: 50 on step 1, 100 on step 2 and 50 on step 3. The spins are awarded for Wild Cash and Big Atlantis Frenzy by BGaming. The fourth step is matched bonus money only.
You do not receive the full $5,625 AUD maximum from one deposit. Each step has its own cap, and the four stages together make up the advertised package.
100% Welcome Bonus: what steps 1, 2 and 4 give you
The 100% Welcome Bonus appears on three of the four stages. On step 1, a qualifying deposit is matched at 100% up to $1,500 AUD and comes with 50 free spins. Step 2 also matches 100%, although its bonus ceiling is $1,125 AUD, and it includes 100 free spins.
Step 4 returns to a 100% match with a maximum bonus of $1,500 AUD. It does not add free spins. All three of these steps have the same $30 AUD minimum deposit, 45× wagering on the deposit plus bonus, seven-day validity and $8 AUD maximum bet per spin while the bonus is active.
A simple way to see the 100% match
A $100 AUD deposit at 100% would create a $100 AUD bonus, giving you $200 AUD in deposit and bonus funds before wagering. The 45× requirement applies to that combined $200 AUD amount, so the wagering target would be $9,000 AUD. That is a worked example only; the actual bonus depends on your deposit and the relevant step cap.
- Step 1: 100% up to $1,500 AUD plus 50 free spins.
- Step 2: 100% up to $1,125 AUD plus 100 free spins.
- Step 4: 100% up to $1,500 AUD with no free spins.
200% Welcome Bonus: why the package total is not a single 200% offer
There is no separate 200% stage in the four-step structure. The phrase can still come up when players compare the combined value of the package, but the actual welcome offer is made from four individual percentages: 100%, 100%, 75% and 100%.
That distinction matters when you calculate a deposit. A 100% step doubles the eligible deposit in bonus funds, while the 75% step adds three-quarters of the deposit. The package maximum of $5,625 AUD is reached by adding the separate step caps, not by applying 200% to one deposit.
| Step | Percentage | Maximum bonus | Included spins |
|---|---|---|---|
| 1 | 100% | $1,500 AUD | 50 FS |
| 2 | 100% | $1,125 AUD | 100 FS |
| 3 | 75% | $1,500 AUD | 50 FS |
| 4 | 100% | $1,500 AUD | None |
For a clear estimate, work out the percentage and cap for the step you are using. Then add the deposit and bonus together before applying the 45× wagering rule.
300% Welcome Bonus: how the full package reaches 375%
The 300% figure is also part of the package calculation rather than a standalone deposit stage. Adding the four percentages produces 375%: the first 100%, the second 100%, the third 75% and the fourth 100%. Each deposit remains subject to its own maximum.
Using the maximum bonus amount at every step gives $1,500 AUD plus $1,125 AUD plus $1,500 AUD plus $1,500 AUD. Together, those caps total $5,625 AUD. The matching rate does not remove the other conditions, so the minimum deposit, seven-day period, wagering rule and maximum bet continue to apply at each stage.
The 200 free spins are separate from the $5,625 AUD matched-bonus maximum. They arrive on steps 1, 2 and 3 and can be used on Wild Cash and Big Atlantis Frenzy by BGaming. Winnings from those free spins have a maximum of $750 AUD.
How to claim the welcome package without missing a step
The offer is designed to be taken in order across four deposits. Use the relevant code for the stage you are claiming and check that the deposit meets the $30 AUD minimum. The bonus period lasts seven days, so it is sensible to begin with an amount you can reasonably play through under the stated rules.
Make the first qualifying deposit
Deposit at least $30 AUD and apply the first-step offer using AXE1. This stage gives 100% up to $1,500 AUD plus 50 free spins.
Complete the first stage
Use the bonus within its seven-day validity period and follow the wagering and maximum-bet conditions before moving to the next deposit.
Use the second and third stages
Apply AXE2 for the second deposit and AXE3 for the third. These stages provide 100% up to $1,125 AUD plus 100 free spins, then 75% up to $1,500 AUD plus 50 free spins.
Claim the final stage
Use AXE4 on the fourth qualifying deposit for a 100% bonus up to $1,500 AUD. This step does not include free spins.
The codes are tied to their individual stages: AXE1, AXE2, AXE3 and AXE4. Keeping the steps separate makes it easier to track which percentage, bonus ceiling and free-spin amount applies.
Ready to check the four stages?
Start with the step that matches your deposit plan, then keep the seven-day validity and $8 AUD per-spin limit in view.
Wagering rules, eligible games and the $8 bet limit
Every welcome-bonus step carries 45× wagering on the combined deposit and bonus. If you deposit $100 AUD and receive a $100 AUD bonus, the requirement is based on $200 AUD, not only the bonus. That produces a $9,000 AUD wagering target in this example.
| Game type | Contribution to wagering |
|---|---|
| Pokies and slots | 100% |
| Roulette, card games, poker, video poker and craps | 5% |
| Jackpot games and crash games | 0% |
Some slot games are excluded from wagering contribution. The practical point is to choose games that contribute fully where possible, because a game contributing 5% takes much more play to add the same amount towards the requirement. Jackpot and crash games do not add to the bonus wagering total.
While a welcome bonus is active, the maximum bet is $8 AUD per spin. A breach of this limit can affect how the bonus is treated, so keeping each spin at or below $8 AUD is the straightforward way to stay within the stated condition.
Cashout limits and free-spin winnings
The welcome bonus has a maximum cashout of 5× your deposit. For example, a $100 AUD deposit gives a welcome-bonus cashout ceiling of $500 AUD. The deposit bonus maximum cashout is $7,500 AUD, while free-spin winnings are capped at $750 AUD.
Bonus wagering must be completed before a withdrawal can be made. First withdrawals may also require account verification and document checks before funds are approved. These are separate steps from completing the wagering target, so allow for both when planning a withdrawal.
Complete the 45× wagering requirement on the deposit and bonus combined.
Keep individual spins at or below $8 AUD while the bonus is active.
Remember that the welcome-bonus cashout is capped at 5× the deposit.
Treat $750 AUD as the maximum for winnings from the included free spins.
Check that the seven-day validity period has not ended.
The high roller alternative to the standard welcome package
Players making larger deposits can use a separate High Roller package. It totals 500% up to $9,750 AUD plus 300 free spins across four bonuses, with a $380 AUD minimum deposit and 45× wagering on the bonus.
| Stage | Bonus | Free spins |
|---|---|---|
| 1 | 125% up to $3,750 AUD | 75 FS |
| 2 | 125% up to $1,500 AUD | 75 FS |
| 3 | 100% up to $2,250 AUD | 75 FS |
| 4 | 150% up to $2,250 AUD | 75 FS |
The High Roller free spins are allocated at 75 per stage. The listed games are Aloha King Elvis, Elvis Frog in Vegas and Brave Viking by BGaming. The standard welcome package remains the lower-minimum option, while this alternative uses a larger $380 AUD minimum deposit.
A sensible checklist before you activate the offer
A bonus can look simple at the headline level, but the useful details sit in the numbers. Before making a deposit, take a moment to match the offer to your intended stake and playing time. Honestly, this is the part most people skip.
Choose the correct stage and its matching percentage.
Have at least $30 AUD ready for a standard welcome step.
Remember that wagering is 45× the deposit plus the bonus.
Use games that contribute 100% where practical.
Avoid jackpot and crash games if you are trying to build wagering progress.
Keep every spin at or below $8 AUD while the bonus is active.
Track the seven-day validity period from the time the bonus is issued.
Factor in the 5× deposit cashout cap and the $750 AUD free-spin winnings cap.
A welcome bonus is promotional balance, not guaranteed profit. Set a budget before you play, and only use money you can afford to lose.
Review the terms before depositing
Use the four-step table and checklist to decide whether the welcome package suits the way you plan to play.
Questions about Welcome Bonus
What is the Axe Casino Welcome Bonus?
It is a four-deposit package worth 375% up to $5,625 AUD, plus 200 free spins across the first three steps. The steps offer 100%, 100%, 75% and 100% respectively.
What is the minimum deposit for the standard welcome bonus?
The minimum deposit is $30 AUD for each standard welcome-bonus step.
How does the 45× wagering requirement work?
It applies to the deposit and bonus combined. For example, a $100 AUD deposit with a $100 AUD bonus creates a $200 AUD base, requiring $9,000 AUD in wagering.
What games count towards welcome-bonus wagering?
Pokies and slots contribute 100%. Roulette, card games, poker, video poker and craps contribute 5%, while jackpot and crash games contribute 0%. Some slot games are excluded.
What is the maximum bet during the bonus?
The maximum bet is $8 AUD per spin while the welcome bonus is active.
How long is each welcome-bonus step valid?
Each step is valid for seven days. That window applies to every step on its own, so you are not forced to work through them all at once. Once a step becomes available, you have a full week to make use of it before it lapses. If those seven days pass without the step being used, it simply expires and you move on to what comes next.
What is the welcome-bonus cashout limit?
The welcome-bonus cashout is capped at 5× your deposit. Free-spin winnings are capped at $750 AUD.
Which games can I use the welcome free spins on?
The 200 free spins are awarded across the first three steps for Wild Cash and Big Atlantis Frenzy by BGaming.





