+ 200 Free Spins
Spread across your first four deposits
Olympia Casino $50 Deposit Bonus
The Olympia Casino $50 deposit bonus is tied to its daily Wheel of Fortune promotion. Deposit $50, enter the code WHEEL, and you can receive a cash prize or free spins for Gold Rush with Johnny Cash. Here is how the offer works for Australian players, plus the welcome package and other promotions worth knowing about.
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How the $50 deposit bonus works
The $50 promotion gives you a daily Wheel of Fortune spin when you make a $50 deposit and use the code WHEEL. The prizes range from cash to free spins, and the prize is awarded immediately. It is a straightforward offer, but the code and deposit amount both matter, so check them before you confirm the deposit.
In this article
| What you need | Term |
|---|---|
| Minimum deposit | $50 |
| Promo code | WHEEL |
| Frequency | Daily event |
| Cash prizes | $25, $75, $177 or $500 |
| Free-spin prizes | 45, 77 or 655 FS |
| Free-spin game | Gold Rush with Johnny Cash (BGaming) |
The promotion is separate from the four-deposit welcome package. It is also different from the live casino offer, cashback and tournament promotions. That gives you a few ways to choose an offer that suits how you prefer to play, rather than automatically taking the first one you see.
Enter WHEEL before depositing
Use the exact code WHEEL with the $50 deposit. The promotion terms name the deposit amount, code and daily format, so it is worth checking that all three are in place before you proceed.
How to claim the Wheel of Fortune reward
- Sign in or register
Create an account by entering your email address, password and preferred currency, then accept the terms and confirm that you are at least 18. Verify your email using the link sent to your inbox.
- Choose a $50 deposit
Select a payment method and deposit $50. Australian players can use options such as Visa, Mastercard, Skrill, Neteller, AstroPay, MiFinity, bank transfer and cryptocurrency methods.
- Apply the code
Enter **WHEEL** in the promotion or bonus-code field before completing the deposit. A code is part of this particular offer, so do not leave it out.
- Take the daily spin
Once the qualifying deposit and code are accepted, the Wheel of Fortune promotion awards one of its stated prizes. Cash rewards range from $25 to $500, while free spins range from 45 to 655.
- Use free spins on the named game
If your prize is free spins, they are used on Gold Rush with Johnny Cash from BGaming. Cash prizes and free-spin prizes are listed separately, so the result determines what you receive.
All deposits and withdrawals have no fees. The cashier supports AUD and other fiat currencies, as well as cryptocurrencies including BTC, BCH, ETH, DOGE, LTC and USDT. The cashier shows the current limit for your chosen method.
Ready to use the daily promotion?
Set aside $50 only if it fits your entertainment budget, then apply the WHEEL code and check the resulting prize.
The welcome package gives you four deposit bonuses
The main AU welcome package is worth up to A$10,000 plus 200 free spins across your first four deposits. It is separate from the $50 Wheel promotion. The first deposit needs at least A$20 and offers a 100% match up to A$10,000, plus 25 free spins.
| Deposit | Match | Free spins | Minimum deposit | Maximum win |
|---|---|---|---|---|
| 1 | 100% up to A$10,000 | 25 FS | A$20 | A$2,000 |
| 2 | 50% up to A$2,500 | 50 FS | A$25 | A$5,000 |
| 3 | 75% up to A$3,000 | 25 FS | A$30 | A$6,000 |
| 4 | 100% up to A$3,500 | 100 FS | A$40 | A$7,000 |
Welcome bonus funds carry 30× wagering, while free-spin winnings carry 20× wagering. The first deposit has a one-day window for meeting the wagering requirement. The first deposit also has a maximum win of A$2,000, with a separate A$400 maximum on winnings from its free spins.
Slots contribute 100% to welcome-bonus wagering. Table games and video poker contribute 5%, while jackpot games contribute 0%. That means a slot-focused approach clears the stated requirement more efficiently than using table games. For example, a A$100 bonus amount creates a 30× wagering target of A$3,000 on the monetary bonus portion.
The one-day welcome window is important
The first welcome deposit has only one day to meet its wagering terms. Keep the 30× bonus requirement and 20× free-spin requirement in mind before accepting the package.
Other promotions that may suit your playing style
The $50 Wheel promotion is not the only recurring offer. Olympia Casino also has a live casino bonus, weekly events, free-spin promotions and cashback linked to VIP levels. Each offer has its own code, deposit amount or wagering rule.
- Live Casino Bonus: 100% up to $1,000 with code LIVE, a $25 minimum deposit, 3× wagering and three days to use it. It applies across the first three deposits, with each deposit counted separately, and the total bonus does not exceed $1,000.
- Weekly Free Spins Tournament: 25,000 spins are distributed each week, with winners announced on Saturday. Free-spin winnings have 40× wagering and a three-day wagering period.
- Ocean Wonders Lottery: Tickets are earned by depositing at least $15 per ticket. Up to 3,550 free spins and a free bonus are distributed weekly, with winners emailed on Wednesday. The free spins carry 40× wagering and are valid for three days.
- Tuesday Thunder Free Spins: Up to 100 FS are available with a minimum deposit of €25.
- Cashback: Weekly cashback is based on losses from the previous seven days and is credited on Friday at 01:00 UTC. VIP rates range from 5% at Demigod to 11% on slots at Olympian, with 3× wagering on slots and 5× on live casino.
- App-install offer: 10 FS are associated with installing the Olympia Casino app. Mobile play itself is available through a browser on Android and iOS.
There is plenty to choose from if you enjoy Games Online, including slots, roulette, blackjack, baccarat, live tables, jackpots, crash games, bingo and scratch cards. Demo mode is available on games, and the library contains more than 4,000 titles from 98 providers.
The casino uses RNG technology across its games, with a stated RTP range of 94-98%. Australian access includes a broad range of slots and live dealer games, although NetEnt and Amatic titles are not accessible in Australia.
Payments, verification and withdrawal limits for Australian players
Australian players can deposit in AUD using cards, e-wallets, bank transfer and crypto options. The minimum AUD card deposit is A$20 and the maximum is A$6,000. Standard Australian withdrawals start at A$20 and are capped at A$3,000 per day, A$9,000 per week and A$25,000 per month.
| Item | Term |
|---|---|
| Processing | Within 12 hours |
| Bank transfer completion | 1-5 days |
| Standard daily limit | A$3,000 |
| Standard weekly limit | A$9,000 |
| Standard monthly limit | A$25,000 |
| Bank transfer AUD maximum | A$20,000 per transaction |
The withdrawal methods include credit card, bank transfer, MuchBetter, Piastrix, EcoPayz, MiFinity, Skrill, Neteller, Jeton and crypto gateway options. There are no fees on deposit or withdrawal methods. At first withdrawal, you need to provide proof of identity, address and payment method. A fiat card deposit also requires your full name, date of birth, city, address, postcode and mobile number.
Bitcoin players must submit a valid passport or driver's licence before playing, with deposits and bets blocked until that verification is complete. Age verification may also be requested, and the minimum age is 18 or the minimum legal age in your jurisdiction, whichever is higher.
Keep your account details consistent
Olympia Casino allows one account per person. Accounts linked through the same household, residential address, IP address or device are treated as duplicate accounts and may be closed with winnings forfeited.
Choose a promotion with a clear budget
The $50 Wheel offer is a daily prize promotion, while the welcome package and live casino bonus use wagering terms. Decide how much you are comfortable spending before selecting one.
Play with limits that work for you
Olympia Casino offers deposit, loss and wager limits for daily, weekly and monthly periods. You can also choose a cooling-off period of one week, one month, three months or six months, or use self-exclusion for six months, nine months, one year or indefinitely.
A cooling-off period blocks fiat deposits, excludes you from promotions and still allows withdrawals. The account reactivates when the selected period ends. Self-exclusion disables the account immediately, blocks fiat deposits and promotions, and leaves remaining balances withdrawable on request through support, with KYC still required if triggered.
Limits can be set through the account or through live chat and email support. Decreases apply immediately. Increases require email confirmation and take effect only after the previous limit of the same type expires. Live chat is available 24/7 in English and Portuguese, alongside email and a Telegram support channel.
$50 Deposit Bonus: your questions
What is the Olympia Casino $50 deposit bonus?
It is the daily Wheel of Fortune promotion. Deposit $50, use code WHEEL and receive a chance at cash prizes from $25 to $500 or free spins from 45 to 655.
Which game uses the free spins?
The Wheel promotion's free spins are used on Gold Rush with Johnny Cash from BGaming.
How often can I use the Wheel of Fortune promotion?
It is described as a daily event. The qualifying deposit is $50 and the code is WHEEL.
What is the main Australian welcome offer?
The AU welcome package reaches up to A$10,000 plus 200 free spins across four deposits. The first deposit is a 100% match up to A$10,000 with a minimum deposit of A$20 and 25 free spins.
What wagering applies to the welcome package?
The monetary bonus carries 30× wagering and free-spin winnings carry 20× wagering. The first deposit has a one-day wagering window.
Are there fees on deposits or withdrawals?
No. Olympia Casino states that all deposit and withdrawal methods have no fees.
How quickly are withdrawals processed?
Withdrawals are processed within 12 hours. Bank transfer completions take one to five days.
What is the standard Australian withdrawal limit?
The standard limit is A$3,000 per day, A$9,000 per week and A$25,000 per month. Bank transfer AUD withdrawals allow up to A$20,000 per transaction.
