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Lets Lucky Review Australia - Real bonus value, risks and verdict for Aussie players

If you're an Aussie player eyeing off a Lets Lucky bonus, this page is here to give you the straight story, not a dressed-up sales pitch. Nine times out of ten, when someone torches their balance on a promo, it's not because they ran "bad" - it's because of the small-print rules buried under the shiny banner: 40x wagering on the bonus, a firm A$8 max bet, A$300 caps on free-spin wins, and whole sections of games that either don't count or can get your winnings voided. Most people only find that out after the fact. Below, I unpack the real numbers and some lived-through examples so you can decide, like a switched-on local, whether these offers are actually worth it, or if you're better off just having a slap with raw cash and keeping withdrawals dead simple.

100% up to A$500 first deposit
Lets Lucky welcome bonus for Aussie pokies fans

This isn't an official Lets Lucky promo page - it's my own breakdown for Aussie players who've already bumped into ACMA blocks and offshore sites a few times. I'm based in New South Wales, usually play on the couch in the evenings after work, and a lot of the examples here are pulled straight from how mates and readers actually gamble: A$20 - A$100 deposits, a few pokies sessions a week, sometimes via crypto or Neosurf, sometimes straight from a debit card when the bank isn't being fussy - I was literally running numbers on one of these bonuses the night Australia got bundled out of the T20 World Cup in the group stage after that washout, which was a good reminder that there's no such thing as a sure thing. The numbers are all in AUD and the focus is on what usually happens to your balance in real life, not what the animated banner makes you feel for the first five minutes.

Lets Lucky Australia - quick summary
LicenseCuraçao, via Antillephone 8048/JAZ2019-015 under Hollycorn N.V. It's the same style of offshore licence you'll see on most grey-market casinos open to Australians, the sort that keep popping up on new mirror domains when ACMA blocks the old ones.
Launch yearApprox. 2021 (I last re-checked activity, cashier and terms properly around late Feb 2026).
Minimum depositUsually around A$20 (varies a bit by method and promo; Neosurf and crypto often start right on this point, cards can sometimes be a touch higher depending on your bank's quirks).
Withdrawal timeCrypto: often same-day if you catch them in their daytime, sometimes up to 48 hours, which is actually a nice surprise when it lands fast for once. Bank transfer: usually about a working week for most Aussies, depending on bank processing and whether you run into a Friday or public holiday - hit that combo wrong and it feels like you're watching paint dry while your own money crawls back to you.
Welcome bonus100% up to roughly A$500, 40x bonus wagering, A$8 max bet per spin/round, free spins with win caps and game restrictions that kick in at withdrawal time.
Payment methodsCrypto (BTC/USDT and similar), bank transfer, Neosurf, cards (Visa/Mastercard - generally still workable on offshore sites despite local credit-card rules for bookies; every so often a bank blocks a transaction and you have to try again with a different card).
Support24/7 live chat plus an email form on the site. Replies usually come through in English and line up with EU daytime hours, so late-night Aussie time can feel slower and you may get a "we've forwarded this" response with the real answer landing the next morning.

On this page you'll see the real Expected Value (EV) for each main bonus, a rough idea of how much you're likely to lose trying to clear it, and how clauses like T&C 8.4 ("irregular play") can wipe out a good win if you step outside the rules - even by accident. I've also added example calculations, a simple decision path, and message templates you can copy if you ever need to push back on a dispute instead of just slamming the laptop shut. Throughout, the idea is to treat casino play the same way you'd treat a night at the pub or a trip to the footy: it can be great fun, but it costs money over time. It's not a side hustle, it's not an "investment", and it's definitely not a reliable way to make a motza. If you keep that in the back of your mind while reading - or scribble it on a sticky note next to your monitor - the rest of the detail makes a lot more sense.

Bonus summary table

This section pulls the main Lets Lucky bonuses into one place and turns the flashy lines into rough numbers. Think of it as a quick risk-and-value check before you hit "accept". Instead of just seeing "100% up to A$500", you'll see how much wagering sits behind it, how the A$8 max bet bites and what you're likely to lose on average. If you've ever looked twice at a multi before you put it on with a bookie, this is the same idea - just pointed at casino promos instead of sports bets.

  • 100% First Deposit up to A$500

    100% First Deposit up to A$500

    Double your first Lets Lucky deposit up to about A$500, but expect 40x bonus wagering, a strict A$8 max bet and standard slot-only clearing rules.

  • Welcome Free Spins Bundle

    Welcome Free Spins Bundle

    Grab a batch of free spins on selected pokies; winnings face 40x wagering and are usually capped at A$300, with short expiry windows.

  • High Roller 50% Match Bonus

    High Roller 50% Match Bonus

    Claim around 50% extra up to roughly A$1,500 on bigger deposits, with 40x bonus wagering and the same A$8 max bet that keeps stakes low.

  • Weekly Reload Bonuses

    Weekly Reload Bonuses

    Regular 30 - 50% top-ups on selected days, carrying 40x bonus wagering, A$8 max bet and standard game contribution limits.

  • Cashback on Net Losses

    Cashback on Net Losses

    Get 5 - 15% of your weekly net losses back as bonus credit, with extra wagering on the cashback itself and the usual A$8 bet cap in place.

  • Ongoing Free Spins Offers

    Ongoing Free Spins Offers

    Claim regular free spins on featured slots; wins are capped and subject to 40x wagering, making them better for testing games than chasing big cashouts.

  • Slot Races and Tournaments

    Slot Races and Tournaments

    Compete on leaderboards by spinning selected pokies; prizes reward high wagering volume, so only join if you already plan a bigger session.

  • Seasonal and Event Promos

    Seasonal and Event Promos

    Special holiday or sports-themed deals bundle reloads and spins, usually on the same 40x wagering and A$8 max bet framework as standard bonuses.

Bonus Headline offer Wagering Time limit Max bet Max cashout Real EV Verdict
Welcome 1st Deposit 100% match up to A$500 40x bonus (e.g. A$100 bonus -> A$4,000 wagering) Typically 7 - 14 days (in line with other Hollycorn brands; sometimes tucked away in the promo fine print so you have to scroll a fair way down). A$8 per spin/round - applies to pokies and most other games while bonus is active, even if you're "only" a few cents over. No formal cap on the main balance, but all play is reviewed under T&C 8.4 for "irregular play" before big payouts. Deposit A$100 -> you're looking at roughly A$50 - A$70 in long-term expected losses on pokies, depending on the exact games you pick and how volatile they are. Pretty rough - negative in the long run and easy to mess up with a single rule slip or a sleepy mis-click.
Welcome Free Spins FS bundle on picked pokies (SoftSwiss/Pragmatic style) 40x wagering on free-spin winnings, not on the face value of the spins themselves, which feels like a bit of a gotcha the first time you realise it. Short window - often 1 - 3 days to use the spins and then clear associated wagering; blink and you'll miss the expiry if you're not watching, and it's genuinely annoying to log in and see they've quietly vanished. A$8 per spin cap still applies once real wagering kicks in. A$300 max on free-spin winnings - any amount above this is quietly shaved off at withdrawal, which can feel like a slap in the face after grinding the wagering. Small entertainment value if you like trying new pokies, but the cap kills the fantasy of a true "jackpot" coming from FS. Not great - you're fighting both the maths and strict rules, so treat it as pure entertainment if you take it, nothing more.
High Roller Bonus 50% up to higher limits (e.g. around A$1,500 or similar) 40x bonus again (e.g. A$500 bonus -> A$20,000 wagering) Usually about 7 - 14 days, which is tight for that volume unless you're playing fast every night and don't mind the grind. Still A$8 max bet - so "high roller" in name, low-roller in allowed stake size, which feels off for actual big-stake players. Unlimited in theory, subject again to full "irregular play" review and KYC checks. Deposit A$1,000 -> A$500 bonus -> A$20,000 wagering -> expected loss sits somewhere around A$800. Pretty rough - if you genuinely like bigger stakes, the A$8 limit alone makes this feel like wearing someone else's shoes.
Standard Reloads Typical 30 - 50% top-ups on set days or via email promos Almost always 40x bonus, same structure as the welcome deal. Often 7 days, sometimes less on short-term "flash" offers that arrive in your inbox. A$8 per spin cap remains in force while the reload is active. Usually no hard cap on winnings, but watched closely for "abuse" under 8.4, especially if you get lucky early. Negative EV but less brutal on smaller amounts (e.g. A$50 bonus still forces A$2,000 in wagering, which adds up quicker than you think). Not great - okay if you just want a bit more playtime and know it's - EV, but not friendly if you hate strings attached or admin.
Cashback (when available) 5 - 15% of net losses back, usually as bonus credit Commonly 10 - 40x on the cashback, depending on the promo and your player level. Claim window around 24 hours; must be played through within the stated period or it quietly disappears. A$8 max bet still applies while the cashback bonus is active. Often capped at a modest amount, e.g. A$200 - A$500 depending on level and whether it's a one-off or weekly thing. With low wagering (around 10x) EV can get close to break-even; once it hits 40x it drifts clearly negative again. Average - worth a look if the wagering on the cashback itself is light and you were going to play anyway; otherwise, just more grind with nicer branding.

Worth a look, but only if you treat it as paid entertainment, not a way to "win more"

Main risk: The combo of 40x wagering, a firm A$8 max bet and a hard A$300 cap on free-spin wins gives the casino a lot of leverage to either grind you down slowly or void your run if you slip up. One over-stake when you're feeling confident, one excluded game you didn't notice, and you're in "sorry, irregular play" territory. If you like simple "deposit, spin, withdraw when you're up" play, all of that extra admin and risk takes the shine off pretty quickly.

Main advantage: If you're genuinely just after more spin time for the same starting deposit and you go in with open eyes, some deals - especially lower-wagering cashback - can soften the blow a little and stretch your entertainment budget across more sessions. Think of it like paying a bit extra for a longer movie or splashing on Gold Class seats, not like finding a secret edge or some hidden "pro" strategy.

30-second bonus verdict

If you don't want to dig through the whole article and just want the "mates' summary", this is the bit to read before you deposit. It assumes you're an Aussie punter who'd prefer a decent shot at withdrawing in dollars back to your bank or crypto wallet, not someone chasing a one-off ultra high-risk score or bonus-hunting across dozens of sites with spreadsheets open.

  • Quick take: If you care about actually getting money back out, you're usually better off skipping Lets Lucky bonuses and playing with straight cash.
  • The number that matters: Clearing a A$100 welcome bonus at 40x means A$4,000 in bets. On a typical 96% RTP pokie, that's about A$160 in expected losses. You're effectively "paying" around A$160 in the long run to unlock a A$100 bonus - not a great trade, even before you factor in rule mistakes or fatigue.
  • BEST BONUS: The least harmful options tend to be small cashback deals where the wagering on the cashback itself is 10x or lower. These can be close to break-even if you were going to have the session anyway, but they still aren't a way to beat the house - just a mild cushion on rough nights.
  • WORST TRAP: The so-called high-roller offers with 40x wagering and the same A$8 max bet are especially rough. You tie up big money, can't bet the size you're used to, and face a mountain of wagering with very little upside if things go "normally". In hindsight, they're the ones people most often tell me they regret.
  • Bottom line: For most Aussies, the welcome and reload deals are fun in the short term but stack the odds against you even more. If you hate reading fine print or arguing in live chat at 11pm on a Sunday, it's usually smartest to say "no thanks" to promos and just play your own way.

Mostly for bonus junkies

Main risk: Once you're in a 40x bonus, everything becomes about the rules - max bet, excluded games, time limits, "irregular play". That can easily turn what should be a fun, low-stress session on the couch into a drawn-out grind, with a very real chance of having a win knocked back if you've mis-clicked or pushed your luck with a feature buy once.

Main advantage: If you're honest with yourself that you're paying for entertainment - like shouting a mate a parma and a punt at the club - and you stick to sane limits, a bonus can add extra volatility and a bit of sweat to an otherwise normal session. Just keep reminding yourself that, over time, the maths doesn't flip in your favour, no matter how "hot" a game feels on a given night.

Bonus Reality Calculator

To show how the numbers stack up in plain English, let's run through the welcome bonus the way most Aussie pokies players would actually use it. We'll stick to a realistic deposit, assume you're spinning on 96% RTP slots, and then compare that with what happens if you try to clear the same bonus on blackjack, roulette or other table games instead.

This isn't about scaring you off - it's about putting the maths on the table so you're not flying blind. The same sort of reasoning you'd use to work out if a same-game multi is worth it on the footy applies here too, even if the setting is you on the couch with your phone while Netflix hums in the background instead of standing at the TAB.

Step Calculation Amount
STEP 1 - Headline offer You chuck in A$100, claim the 100% match first-deposit bonus from the cashier screen. A$100 deposit + A$100 bonus = A$200 total balance to play with.
STEP 2 - Wagering requirement (slots) Wagering is 40x the bonus part only (A$100 x 40). A$4,000 total in bets needed on eligible 100%-contribution slots.
STEP 3 - House edge on pokies Assume a fairly typical 96% RTP on the slots you pick. Over A$4,000 in spins, that works out to somewhere around A$150 - A$170 in long-term losses.
STEP 4 - Real EV of the bonus You "get" A$100 in bonus, but bleed more than that on average clearing it. Net Expected Value sits roughly A$50 - A$70 in the red, before any rule disputes or errors.
STEP 5 - Time cost on slots Say you spin at A$2 per spin, roughly 500 spins an hour if you're reasonably quick. A$4,000 / A$2 = 2,000 spins -> about 4 hours of play spread over your sessions.
STEP 6 - Trying to clear it on table games (10% contribution) If you play live blackjack or roulette, only about 10% of your bets count toward wagering. To "count" A$4,000, you'd actually have to bet A$40,000 in total - a huge amount of hands or spins.
STEP 7 - EV on table games If only a slice of each bet counts, you'll end up betting a lot more than you expect. By the time you've done the volume needed, you've usually lost far more than the bonus was ever worth, and you're probably bored of the whole thing.
  • Key takeaway: even if you stick to "good" games, the structure of a 40x bonus means you're grinding through so much volume that the small edge the house has adds up. On pokies, the bonus costs you more than it's worth in expectation; on table games, the low contribution percentage makes it downright brutal, especially if you're only playing a couple of hours a week after work.
  • Before you click accept, quickly ask yourself:
    • What's my bonus size? Multiply it by 40 to see the wagering in cold, hard numbers.
    • Roughly how much of that will I realistically turn over this week or next without getting cranky?
    • Am I okay treating the likely long-term loss as a "ticket price" for a more volatile run and a few stories to tell?
    • If that doesn't sit well, you'll probably enjoy the casino more by sticking to raw cash and keeping withdrawals clean and drama-free.

The three biggest bonus traps

Most offshore casinos that still take Aussies have some version of these traps, but Lets Lucky's combination of tight max-bet rules, capped free spins and "irregular play" language makes them worth calling out in detail. If you understand these three, you sidestep the ugliest surprises - the ones that end with you swearing at live chat at midnight and Googling complaint sites.

We'll walk through how each trap works, show an example that feels like a normal Aussie session, and then give you a clear set of "do this, not that" points so you can dodge the worst of it.

Trap 1: the A$8 max bet landmine

How it works: While any bonus is active, you can't bet more than A$8 on a single spin or game round. That covers pokies, table games and usually any feature purchases. If you take one punt over A$8, even for a single spin when you're feeling confident or a bit tipsy, the casino can void all bonus-related winnings under their terms.

Real example for Aussies: Say you drop in around A$150 on a Friday night, grab the welcome and start spinning a Pragmatic pokie at A$3 a hit. After a drink or two you bump it to A$10 "for a laugh", hit a decent feature and suddenly you're over A$1,000. That one A$10 spin is enough for them to lean on the max-bet rule if they want to. I've seen exactly that scenario play out more than once.

How to avoid it:

  • Before you start, decide on a stake (e.g. A$1.50 or A$2) and lock it there until wagering is done. No "just one A$10 spin for luck" halfway through.
  • Don't touch Bonus Buy features during a bonus - most of them are 50 - 100x stake and count as a single super-sized bet that blows the A$8 rule instantly.
  • If you're a genuine high-stakes player used to A$20 - A$50 spins in the local pokie room, skip bonuses entirely. The A$8 cap clashes with how you naturally play and will just annoy you.

Trap 2: free spins capped at A$300

How it works: The "welcome" free spins and many ongoing FS promos come with an A$300 cap on total winnings from those spins. You also usually need to wager whatever you win from them 40x. So if you bink a huge feature during the free-spin batch, everything above A$300 is sliced off the top when you withdraw.

Real example for Aussies: You score 100 free spins on a pokie like Sweet Bonanza at A$0.50. Most spins are uneventful, but you hit a monster feature and walk away with A$900 from the batch. After grinding through 40x wagering on that A$900, your balance is sitting around A$700. When you finally request a payout, the system enforces the A$300 FS cap and chops away the other A$400 as "excess winnings". That feels pretty rough when you've done all the hard yards and thought you'd turned A$0 spins into a big payday - it's the sort of moment that makes you just stare at the screen for a minute wondering why you bothered.

How to avoid it:

  • Always check the free-spin section of the promo - if you see talk of "maximum cashout from free spins", assume you'll never pocket more than that amount, no matter how well the spins go.
  • Treat FS as a bonus demo session with a small upside, not your main shot at a life-changing hit. If a huge win happens, think of anything over the cap as "monopoly money" that was never really yours.
  • If you're only interested in uncapped big wins, say no to FS bundles and play the same pokies with your own funds instead, where wins are tied to normal game rules rather than promo caps.

Trap 3: 0% contribution and "ghost wagering"

How it works: Not all games move the wagering counter. Some higher-RTP slots, certain providers, and pretty much all progressive jackpot pokies are either reduced to 0 - 10% contribution or flat-out excluded. You can still lose money on them, but they might not reduce your wagering requirement at all, and in some cases playing them during a bonus is treated as a breach.

Real example for Aussies: You love a particular pokie that's similar to Queen of the Nile in volatility and RTP, and you jump straight on it with your bonus money. After a few nights and A$1,000+ wagered, you realise your wagering bar has barely budged. Support then tells you that the game is excluded from wagering, and any wins from it might not be honoured under the terms. It's a pretty deflating feeling and one that's easier to avoid if you check first instead of assuming - I've been there once, and it honestly made me want to slam the laptop shut for the night.

How to avoid it:

  • Open the bonus terms, scroll down to the "Games excluded from bonuses" and "Game contribution" sections, and actually skim that list before you start. It's boring, but it beats wasting a weekend.
  • While a bonus is active, stick to mainstream, 100%-contribution pokies - the sort the casino clearly promotes for bonuses and mentions by name in the fine print.
  • Save your favourite niche or jackpot games for sessions where you're not using any promo at all, so every spin is treated normally with no bonus strings attached.

Wagering contribution matrix

One of the easiest ways to accidentally torch EV is to clear a bonus on the wrong games. At Lets Lucky, like most offshore brands, pokies are the "official" way they expect you to wager. Table games, live dealer titles and video poker are treated as higher risk for them, so they count much less - or not at all.

Here's how that usually shakes out in practice for Aussies depositing in A$ and playing from Sydney, Melbourne, Brisbane or anywhere else across the country, based on what I've seen checking similar Hollycorn casinos:

Game category Contribution % Example (A$10 bet) Wagering speed Traps
Online Pokies (standard) 100% A$10 bet counts as A$10 toward wagering Fastest way to chew through 40x, but also more volatile on your balance - those swings can be a rush on a good night and downright brutal when you're on the wrong side of them. Max A$8 bet applies; some high-RTP titles or jackpots excluded or set to 0% even if they look "just like the others", which is maddening when you only find out after a session.
RNG/Table Games (e.g. blackjack, roulette) Around 10% A$10 bet counts as just A$1 toward wagering Very slow - needs 10x more total bets to move the needle. Risk of "irregular play" flags if you use low-risk patterns (like covering most of the board in roulette or flat-betting tiny amounts forever).
Live Casino Often 10% A$10 bet again counts as A$1 Slow, plus table limits may stop you from grinding tiny stakes forever. Backing both sides, or similar, can see wins voided as bonus abuse if someone digs through the logs.
Video Poker 5% or excluded A$10 bet might only add A$0.50 to wagering Extremely slow and often not worth it for bonus clearing. Because of high RTP, the casino is very sensitive to repeated play here with bonus funds.
Jackpot Slots 0% A$10 bet counts as A$0 toward wagering No progress at all, no matter how many spins you do. Playing them during a bonus can void the bonus depending on the exact clause at the time.

In plain terms: if you've got A$4,000 in wagering to clear and you're doing it on games that only count 10%, you're suddenly looking at ten times that in actual bets. That's a lot of spins or hands for not much extra upside. For most casual Aussie punters who just want a few sessions a week, that amount of volume is overkill and wears pretty thin by the second or third night.

  • Quick checklist before you choose a game with a bonus active:
    • Is it a standard, non-jackpot pokie? Good - likely 100% contribution.
    • Is it live or table? Expect 10% contribution and a very long road ahead.
    • Is it a high-RTP or niche title you've heard is "good for wagering"? Double-check the terms - it might quietly sit at 0%.

Welcome bonus: complete breakdown

The welcome package is what pulls most Aussies into Lets Lucky in the first place, especially if you're used to seeing similar offers on other Curaçao casinos. On the surface, "100% up to A$500 + free spins" looks pretty normal. The detail is where it drifts away from player-friendly and into "entertainment only" territory.

Below I break the welcome deal into its main pieces and look at each one the way a cautious player would - in terms of value, cost and your realistic chance of walking away in front. All figures assume a standard 96% RTP pokie environment, which is the bread and butter of most Aussie sessions, whether you're spinning in bed on your phone or killing time on the couch after work with the cricket on in the background.

Component Advertised value Wagering rules Real cost (expected loss) Expected profit (EV) Profit probability (rough)
1st Deposit Match 100% up to around A$500 (e.g. deposit A$100, get A$100 bonus) 40x bonus -> A$4,000 wagering on eligible pokies A$4,000 x roughly 4% edge ~ A$160 expected loss in the long run A$100 bonus versus that loss leaves you around A$50 - A$70 down on average. Chance of finishing ahead is there, but low - you'd need to spike a pretty decent run to beat the built-in edge and the wagering grind.
Welcome Free Spins For example, 100 spins at A$0.40 = A$40 in spin value 40x wagering on FS winnings, plus A$300 max cashout Average FS return might be A$36 - A$38 before wagering, then a chunk is lost through the 40x grind. Once you factor in both wagering and the cap, you're effectively handing back a good slice of whatever you hit while you clear it. It can happen, but most everyday players will either bust the balance or cash out less than they put in, even on relatively "lucky" runs.
High Roller Variant 50% up to perhaps A$1,500 on a big first or second deposit 40x bonus - e.g. A$500 bonus -> A$20,000 wagering A$20,000 x about 4% ~ A$800 expected loss on pokies Compared to raw-cash play, the extra volume mostly helps the house, not you. It can produce a story-worthy win once in a blue moon, but the maths is stacked strongly against you if you do this regularly or treat it like a "strategy".
No-Deposit/Free Chip (when offered) Usually A$10 - A$20 or a small FS batch for new accounts Often 50x+ wagering and a very low max cashout like A$50 - A$100 Costs you time and attention more than money, but comes with a strong chance of "irregular play" flags if you spike a win. Once you hit the cashout cap and conditions, any bigger dream scenario gets chopped right back. It's technically possible to withdraw off these, but the hoops and caps mean it's rare in day-to-day play and not something to bank on.

Plain-language verdict: If you look at the welcome pack like an accountant instead of a marketer, it's a deal where you pay an invisible fee in expected losses for more spin time and higher volatility. It can make sessions more entertaining if you know and accept that and you like squeezing every bit of "action" out of a single deposit. But it's not sensible to treat it as a way to "boost your bankroll" or turn a small deposit into reliable profit. For most Aussies, especially those dropping A$50 - A$100 a pop, you're usually better off just depositing, setting your bet size, and playing without the extra conditions hanging over every spin.

Ongoing promotions: what they're really like

Once you're past the first-deposit hype, Lets Lucky will try to keep you coming back with reloads, cashback days, free-spin drops and slot tournaments. It's the standard "keep the reels spinning" cycle. The trick is working out which of these, if any, give you anything close to fair value, and which are just more ways to make the 40x grind feel fun for a night or two - I've definitely clicked into a "can't-miss" email promo and then kicked myself halfway through the wagering.

Here's how the main categories tend to pan out for Australian players, based on how similar Curaçao casinos run their promos and what I've seen in practice reviewing this sort of offer over the last few years:

  • Reload bonuses: These might be 30% or 50% top-ups on a Thursday or over the weekend. The structure is the same - 40x wagering on the bonus. On a A$100 reload with a 50% match, you'd get A$50 in bonus and need to wager A$2,000. At around 4% edge, that's roughly A$80 in expected loss to "unlock" A$50. Net result: you're down about A$30 on average for the privilege. If you view it as paying extra for more volatile spins, that might be okay for you; if you're chasing withdrawals, it doesn't make much sense.
  • Cashback offers: When they're on the softer side (say 10% cashback with 10x wagering on the cashback part), they can be one of the least harmful promos. Losing A$200 and getting A$20 back with A$200 of extra wagering adds an expected A$8 loss on top, so you're still in the hole but not by much. Once cashback wagering goes back up around 40x, the value pretty much disappears and you're right back in grind territory.
  • Free spins promos: Weekly or event-driven FS bundles on specific games sound generous but carry two restrictions: wagering on the winnings, and a hard cap (often A$100 - A$300). They're good for trying out new pokies - especially if you're curious about big-name titles like Sweet Bonanza or Wolf Treasure - but you shouldn't plan your session around them paying out big cash. Most of the time they'll give you a bit of extra playtime and that's it.
  • Slot races and tournaments: These leaderboards can be fun if you're already planning a decent session and enjoy chasing a position on a ladder. The problem is that they reward volume, not smart play. To realistically chase a top prize you often need to spin at stakes and volumes that blow past your normal budget, which is the opposite of good bankroll management and a quick way to end up tilted.
  • Seasonal deals: Xmas, Easter, State of Origin, Spring Carnival - casinos love dressing up standard reload/FS promos in local colour. At Lets Lucky, under the hood, it's nearly always the same 40x wagering structure with the same T&C 8.4 risks. Treat them the same as any other promo and ignore the festive wrapping, no matter how many snowflakes or footy boots they throw on the banner.

Across the board, none of these long-term promos change the basic maths: the house edge plus wagering rules ensures the casino comes out ahead over time. The most you can do is pick the less punishing options (like low-wager cashback) and use them sparingly on sessions you're having anyway, rather than chasing every offer they email you. If the idea of checking terms every time makes your eyes glaze over, it's another sign that a simple no-bonus approach might suit you better.

The no-bonus alternative

For a lot of Aussies, especially those who prefer to keep things simple and hate arguing in live chat, the "no bonus, no drama" route is actually the smartest call. That means you decide not to click into any welcome or reload offer at all, and just play with your deposit balance.

With no bonus active, you still face the normal house edge on every spin or hand - there's no getting around that - but you avoid the tangled web of 40x wagering, A$8 caps, excluded games and "irregular play" accusations. If you go on a heater and double or triple your deposit, it's much more straightforward to cash out without the extra hoops. It also lines up with how most people actually play when they sit in front of a real-world pokie: they put money in, spin, and either cash out or walk away, without extra conditions.

Player type With bonus (example outcome) Without bonus (example outcome)
Cautious - A$50 deposit, just wants a bit of fun You grab a 100% bonus, so A$50 bonus and A$2,000 wagering. Long-term expected loss sits somewhere around A$80 once you've done all the spins. Very high chance you bust the whole thing before clearing; if you spike a win, you still have to grind wagering and avoid rule mistakes. You play standard pokies at small stakes. If you turn over the A$50 once, you're looking at roughly A$2 in expected loss. You can stop and cash out any time, and you're not tied down by any max-bet rule or expiry timer breathing down your neck.
Moderate - A$200 deposit, likes a few decent sessions You get A$200 bonus -> A$8,000 wagering. Expected loss sits in the A$300+ zone. On average you're worse off than if you just played the A$200 straight, and big withdrawals face heavy scrutiny under "irregular play" if you've mixed in the wrong games. Play a mix of pokies and maybe a bit of live blackjack. If you eventually turn over A$2,000 in total bets across a few weekends, expected loss is around A$80. Still negative, but clean and free of bonus strings, and any big win doesn't have bonus T&Cs hanging over it.
High roller - A$1,000 deposit, used to A$20+ stakes You take the 50% high-roller bonus, get A$500 extra, and now owe A$20,000 in wagering with an A$8 max bet. That forces you to play smaller than you're used to, for a very long time, with an expected loss of about A$800 before you even talk about variance. Not exactly the experience most high-stakes players are chasing. You play at your natural stake size. If you spin A$20 a hit across 500 spins (A$10,000 turnover) over a few nights, expected loss sits around A$400. That's still the price of entertainment, but without the bonus grind or stress if you do hit something decent and want it back in your bank.
  • Big wins without bonuses: If you get lucky and smack a big feature for several thousand dollars, having no bonus attached makes it much easier to argue your case if there are any KYC delays or questions. There's no "irregular bonus play" angle to lean on, which is a significant edge in your favour as the player and reduces that sinking "are they going to pay me?" feeling.
  • Who should seriously consider going bonus-free: anyone playing under A$100 a deposit, anyone who mostly plays table/live games, and anyone who doesn't want to spend time reading fine print or sending long emails when something goes wrong. If you're the type who likes to deposit, have a quick spin and withdraw if you double up, bonus-free is usually the cleanest path.

Bonus decision guide

If you're still on the fence, this step-by-step path is a quick way to test whether a Lets Lucky bonus actually makes sense for your situation. Answer honestly - think about how you really play on a Friday night, not how you wish you played. If any step makes you hesitate, that's worth listening to.

  • Q1: Am I okay with this deposit possibly going to zero?
    • No -> That's a sign to either lower your deposit or avoid both casino play and bonuses for now. Gambling should never involve money you need for bills, rent, rego or food.
    • Yes -> Go to Q2.
  • Q2: Do I mostly play pokies, not blackjack/roulette/live dealer?
    • No -> Skip the bonus. With just 5 - 10% contribution on non-slot games, you'll be grinding forever for very little upside, and it's easy to get frustrated or start bending rules.
    • Yes -> Go to Q3.
  • Q3: Could I actually put in enough spins over a week or two to clear 40x without getting cranky or chasing losses?
    • No -> Skip the bonus. Wagering expiry is a common way punters lose both the bonus and wins, and there's no refund for time spent.
    • Yes -> Go to Q4.
  • Q4: Will I stick to A$8 or less per spin/round the whole time - including those moments where I'm up and tempted to "go a bit harder"?
    • No -> Skip the bonus. One A$9 - A$10 spin can cost you a whole night's hot run if they decide to enforce the rule.
    • Yes -> Go to Q5.
  • Q5: Am I comfortable with the idea that, over time, I'll lose more to the house edge clearing the bonus than the bonus is worth - i.e. the deal is negative EV but potentially more entertaining?
    • No -> The rational call is to play without bonuses. You'll still face variance, but at least you're not digging the hole deeper just to say you "claimed the offer".
    • Yes -> Then a bonus can be viewed as an optional "entertainment mode" - but keep your expectations realistic and your limits tight, and maybe jot down the rules so you don't forget them halfway through.

Bonus problems guide

Sometimes, even when you follow the rules, things go sideways: a bonus doesn't land, wagering doesn't progress properly or a withdrawal gets knocked back with "irregular play" as the reason. Below are the most common headaches Aussies run into at offshore casinos like Lets Lucky and some practical ways to respond without losing your cool.

Always remember: keep screenshots of promo terms, save your chat logs, and hang onto emails. When you're dealing with an offshore Curaçao licence, written evidence is your best friend - your memory alone won't cut it if there's a dispute three days later when a different support agent picks up the case.

1. Bonus Not Credited

What usually causes it: the offer needed a bonus code you forgot to enter, a box in the cashier wasn't ticked, your payment method was excluded from the promo, or the system glitched during ACMA-related redirects or VPN usage.

What to do:

  • Double-check the promo description and ensure your deposit matched the minimum and used an allowed method (e.g. some deals might not apply to certain e-wallets or vouchers).
  • Check your bonus section to confirm it didn't auto-credit in a different format (like free spins showing up separately).
  • Contact live chat within 24 hours - the sooner you flag it, the easier it is for them to manually add it if you're genuinely eligible.

How to reduce the risk next time: Always opt in inside the cashier before depositing and grab a quick screenshot of the promo banner and terms so you can show support exactly what you're referring to.

Message template you can adapt:

"Hi team,
I deposited A$ on via with the selected. The terms say I should have received , but nothing's shown up. Can you check and add it manually if I qualify? Cheers."

2. Wagering Progress Looks Wrong

What usually causes it: you've mixed in low-contribution games, or some of the pokies you used are on the excluded list or at 0% contribution, so your wagering bar doesn't move the way you expect.

What to do:

  • Open your game history and add up roughly how much you've wagered on each game type.
  • Compare this with the contribution rules in the bonus T&Cs, especially the list of excluded slots.
  • Ask support to provide a breakdown that shows which bets counted and which didn't.

How to avoid it: during wagering, stick to a short list of known 100%-contribution pokies and avoid switching around too much. It's duller, but it keeps the maths clean and makes it easier to argue your case if needed.

Message template:

"Subject: Wagering Progress Clarification
Hi,
My current bonus shows % wagering completed, but based on my game history I've wagered around A$. Can you please provide a detailed breakdown of how much wagering has been counted, and for which games, including each game's contribution percentage? I want to make sure I'm not playing excluded titles by accident. Cheers."

3. Bonus Voided for "Irregular Play"

What usually causes it: going over the A$8 max bet, using Bonus Buys, hammering low-risk patterns on roulette or blackjack or playing excluded games while wagering. Sometimes, the definition is vague and broad, which is exactly why this is risky.

What to do:

  • Ask them to specify exactly what counts as "irregular play" in your case: date, time, game, and bet size for each alleged violation.
  • Request the exact clause (typically 8.4 or similar) they're relying on.
  • If you're not satisfied and you believe you stayed within the written rules, consider lodging a complaint on an independent site like AskGamblers or Casino.guru, and only then - if needed - to Antillephone N.V.

How to avoid it: don't push the edges of the rules. Keep bets under A$8, don't try to "beat the system" with weird tactics, and never assume the casino will be generous about grey areas.

Message template:

"Subject: Request for Evidence - Irregular Play
Hi,
I've been informed that my bonus winnings were voided for 'irregular play'. Could you please provide the specific game rounds (title, date/time, and stake) that you consider irregular, and link them to the exact terms and conditions clause you are relying on (e.g. T&C 8.4)? Without clear evidence of a rule breach, I request that my winnings be reinstated. I'm keeping a record of this conversation in case I need to escalate it to an ADR service. Regards."

4. Bonus Expired Before Wagering Finished

What usually causes it: the time limit (typically 7 - 14 days) was shorter than you thought, or you slowed down play during a downswing and ran out of time.

What to do:

  • Check the promo to confirm the original expiry period.
  • Ask support what exactly was removed - just the bonus, or the bonus plus all associated winnings.
  • Politely ask if they're willing to offer any goodwill gesture, like a small batch of wager-free spins or a no-strings cashback. Sometimes you'll get a token offer, sometimes you won't, but it's worth asking calmly.

How to avoid it: only accept bonuses you realistically have time to clear, and set a reminder on your phone for the expiry date. If the idea of planning your week around wagering sounds silly, that's another hint to skip the promo.

Message template:

"Subject: Bonus Expiry Clarification
Hi,
My bonus [ID/Name] expired on . Can you please confirm which funds were removed (bonus balance and/or winnings) and under which clause in the terms? I'd also appreciate it if you could consider a small goodwill gesture such as a few wager-free spins, as I misjudged the timeframe this time around. Thanks."

5. Winnings Confiscated After a Big Win

What usually causes it: the combination of bonus rules, max bet breaches and excluded games gives the casino the legal room to slash a large payout if they choose. Big hits tend to get extra scrutiny, especially from offshore sites watching risk closely.

What to do:

  • Calmly gather your entire communication history, game logs and screenshots of the terms from the time you accepted the bonus.
  • Escalate within the casino first - ask for a review by a manager, not just the first-line chat operator.
  • If that fails and you still feel the decision is unfair relative to the written rules, prepare a structured complaint for an independent mediator, and mention that you're an Australian player who wants a transparent outcome rather than a vague "irregular play" line.

How to avoid it: the cleanest way is to keep sizeable sessions bonus-free so there's far less for the casino to lean on when they review a big win. It doesn't remove KYC checks, but it does take one big argument off the table and you'll thank yourself later if you hit something decent.

Escalation-level template:

"Subject: Formal Complaint - Confiscated Winnings
Hi,
My withdrawal of A$, related to bonus [ID/Name], has been confiscated for . I request a full written explanation referencing the exact terms and conditions clause you are relying on and the specific game rounds that breached it. If this cannot be resolved fairly at your level, I intend to file a complaint with an independent dispute resolution site and, if necessary, with Antillephone N.V. I'd prefer to settle this directly with you first. Regards."

Dangerous clauses in the bonus terms

Lets Lucky's bonus terms read very similarly to other Hollycorn N.V. casinos that target Aussies under offshore licences. The structure is designed to give them flexibility if they feel a promo has been "used too well". Here are the key clauses that affect you the most, translated into everyday language.

Note: wording may vary slightly over time, so always check the live terms & conditions page before you play. The explanations below are based on terms available around May 2024 and still broadly accurate into 2026, but the casino can tweak details between visits.

  • T&C 8.4 - "Irregular play"
    In short, this is the clause they lean on if they reckon you've pushed your luck with the rules. Think going over the A$8 max bet, playing banned games or using low-risk roulette patterns. If they decide you've done that, they can strip bonus wins and sometimes just give your deposit back.
  • Max cashout on free spins
    Free-spin wins stop at a set amount (often A$300). Anything over that gets chopped when you cash out, even if you've done the wagering. It's easy to miss in the fine print, so assume there's a ceiling unless the promo says otherwise.
  • Game Exclusions / 0% Contribution
    There's usually a long list of specific pokies and all jackpot games that either don't count toward wagering or are outright banned in bonus play. You can still lose money on them, but they may not move your wagering bar at all, and in strict cases wins from those games can be argued away as breaching the rules.
  • KYC and Payout Delays (Section 10.2)
    Lets Lucky can request ID and hold withdrawals while they check your documents. For Aussies, that often means uploading a licence, a utility bill and sometimes a card screenshot. It's fairly standard at offshore casinos but can be frustrating if you weren't expecting a pause before your first bigger cashout.
  • Changes to Terms Without Much Notice
    The casino reserves the right to amend bonus terms and conditions at any time. They shouldn't be changing the rules halfway through an active bonus, but wording can get fuzzy. Taking a screenshot of the promo and terms when you join gives you something solid to refer back to if anything looks different later.
  • Linked Accounts / Multi-Accounting
    Multiple accounts tied to the same person, IP or device can be closed, with bonus winnings confiscated. If you and a partner both like a flutter, make sure you each have your own account, don't share logins, and don't both hammer the same no-deposit promos from the same device, as that can look dodgy in their system.

Bonus comparison with competitors

To put Lets Lucky's offers in context, it's handy to stack them against a few other brands that Aussies commonly use - both regulated sites and other offshore casinos. This doesn't mean any of them are "good value" in an investment sense; it just shows where Lets Lucky sits on the scale from "harsh" to "relatively fair" on bonus structure alone.

Keep in mind that many mainstream brands licensed for sports in Australia don't legally offer online casino games here. The ones listed are either offshore or in grey areas similar to Lets Lucky when it comes to pokies, so you're always dealing with a bit of regulatory fuzziness rather than ACMA-approved products.

Casino Welcome bonus style Wagering Time limit Cashout caps Relative EV score
Lets Lucky (letslucky-aussie.com) 100% up to about A$500 + FS, A$8 max bet, A$300 FS cap 40x bonus, standard across most promos Roughly 7 - 14 days in practice FS wins capped; main bonus technically uncapped but heavily scrutinised 3/10 - clearly negative, with several strict terms players can easily trip over.
Joe Fortune (offshore AU-facing) Larger headline bonuses, sometimes with lower contribution games allowed Often 30 - 35x bonus, occasionally bonus+deposit Longer timeframes, e.g. about 30 days Fewer hard caps on the main bonus balance 5/10 - still - EV, but slightly softer on the grind.
Ignition / similar offshore rooms Pokies plus poker/blackjack bonuses and rakeback-style deals Wagering and release structures vary by product Often more flexible, but still conditions attached Some caps, but not as aggressive as A$300 FS caps 5/10 - mixed, depending on whether you're there more for poker or pokies.
Generic offshore AU brand 100% up to A$200 - A$300, sometimes chained across several deposits 35x bonus is standard; sometimes 30x Around 30 days Caps more common on no-deposit and FS only 5/10 - industry average; Lets Lucky is a bit harsher on wagering and FS caps.

In short, Lets Lucky's bonus offering isn't the absolute worst you'll find offshore, but it sits on the tighter side compared with plenty of other international sites Aussies use. If your main reasons for signing up are the game range, the SoftSwiss aggregator and being able to use crypto or vouchers, that might still work for you. If you're coming mainly for the promos and expect them to be generous, you can probably find more forgiving terms elsewhere with a bit of digging.

Methodology and transparency

This review was written specifically for Australian players, with the local legal context in mind: offshore casino play sits in a grey area under the Interactive Gambling Act, and ACMA regularly blocks domains. Just as importantly, it's built around the idea that playing pokies or any other casino games is a form of paid entertainment - much like going to the footy or having a night at the RSL - and not a way to make regular income.

How the numbers were worked out:

  • Bonus structures, wagering amounts, max bet limits and FS caps were taken from Lets Lucky's own site, terms and promo pages around mid-May 2024 and re-checked against the behaviour of the cashier and bonuses into early 2026.
  • I've cross-checked those figures against what similar Hollycorn N.V. brands are running, because they often push near-identical terms across several skins.
  • The EV examples use simple back-of-the-envelope maths: bonus size versus how much you have to bet and the kind of edge most pokies and table games run at.
  • Risk assessments of clauses like T&C 8.4 draw on recurring patterns in public player complaints about similar Curaçao-licensed casinos, as well as how comparable sites have applied "irregular play" language in real disputes.

Independence and bias: this is an independent review of Lets Lucky's bonus structure for Aussies and is not an official casino page. While affiliate links on the homepage or elsewhere on the site may lead to the casino and can generate commission if you sign up, that doesn't change the underlying maths or the cautious verdict you see here. You should always base your decision on whether the promos fit your budget and risk tolerance, not on any banner or badge.

Limitations:

  • Offshore casinos can change their bonus terms quickly, especially in response to ACMA blocking, new mirror domains or internal risk changes. Always read the live promo page and current terms & conditions before you commit to any offer.
  • I can't see your individual play history, so the examples here are generic - they're based on typical Aussie play patterns (A$1 - A$5 spins, a few sessions a week) and the written rules, not on your specific account.
  • The comparison with other casinos is indicative, not exhaustive. Use it as a guide, not gospel, and always check the details on each site yourself, especially around things like withdrawal speeds and banking options covered in the casino's payment methods section.

If you spot something on Lets Lucky that doesn't match what's described here - for example, a change in max bet, a different wagering figure or a removal of the A$300 FS cap - trust the current on-site wording and, if in doubt, ask support to confirm it in writing before you start wagering. You can also check the site's own faq and reach out via the contact us page if anything still looks unclear or you're unsure which promo rules apply together.

Responsible gambling reminder for Aussies: Online casino play should always sit in the same mental bucket as having a slap on the pokies at the local or backing a roughie in the last at Flemington: it might be fun, it might even give you a great story to tell if you jag a win, but over time the odds are stacked against you. If you ever feel like your gambling is getting away from you - chasing losses, hiding it from family, using money meant for bills - use the site's responsible gaming tools (deposit limits, self-exclusion, cool-off periods) and reach out for help. For Australians, Gambling Help Online offers free, confidential support 24/7 at 1800 858 858 or via gamblinghelponline.org.au, and national self-exclusion services like BetStop are there to help you take a proper break.

Last updated: March 2026. This page is an independent analysis of Lets Lucky bonuses for Australian players on letslucky-aussie.com and is not an official communication from the casino itself.

FAQ

  • No. At Lets Lucky, welcome and reload bonuses are locked behind wagering - usually 40x the bonus. You can't just grab the deal and cash it straight out. You'll generally need to finish the playthrough first, though untouched real-money funds are often withdrawable once you've done a basic turnover. That sort of check is standard on offshore sites and ties into their anti-money-laundering rules, even if it feels a bit overcooked from a player's point of view.

  • If you don't clear wagering before the bonus expires - often 7 - 14 days at Lets Lucky - the standard outcome is that the remaining bonus balance and any winnings generated from that bonus are removed from your account. Your untouched real-money balance should stay where it is. This is why it's risky to take a 40x bonus if you know you won't be playing much over the next week or two; you can end up doing a bunch of spinning but still losing the bonus value because the clock runs out on you.

  • Yes. Under clauses like T&C 8.4, Lets Lucky reserves the right to cancel bonus winnings in cases of "irregular play" or bonus abuse. In practice, that usually means going over the A$8 max bet while a bonus is active, playing excluded games, or using very low-risk betting patterns on table or live games that are forbidden in the small print. If your winnings are voided and you believe you stayed within the written rules, you can ask for detailed proof, push for a manager review and, if needed, escalate the case to an independent complaints site to get a second opinion.

  • They usually count only partially. At Lets Lucky, standard pokies tend to contribute 100% towards wagering, while most table games and live casino titles contribute much less - often around 10%. Some video poker games only count 5%, and progressives or certain high-RTP slots may be excluded entirely. So if you bet A$10 a hand on live blackjack, the system might only count A$1 or less per hand towards your wagering requirement. That makes bonus clearing on these games very slow and, for most Aussie players, not worth the extra risk and effort compared with just playing them without a bonus at all and keeping your options open for withdrawals.

  • "Irregular play" is a catch-all phrase casinos use to describe behaviour they consider abusive or outside the spirit of a bonus. At Lets Lucky, this can include betting more than A$8 per spin/round during wagering, using Bonus Buy features, placing very low-risk bets that cover most of the roulette table, or hammering excluded or 0%-contribution games with bonus funds. Because it's a broad term, it gives the operator a lot of discretion. To stay on the safer side, keep bets at or below A$8, avoid bonus buys and system betting while a bonus is active, and check the excluded games list before you start playing instead of trusting your gut.

  • Generally, no. Lets Lucky, like most offshore casinos, only allows one active bonus at a time on an account. You usually need to finish wagering, let the bonus expire, or cancel it before you can claim another promotion. Trying to "stack" multiple offers or cycle through them too aggressively can draw unwanted attention under their bonus abuse rules. If you're thinking about claiming several promos in a row, it's safer to handle them one at a time and make sure each is fully resolved before moving onto the next so you always know which rules apply.

  • When you cancel an active bonus at Lets Lucky, the usual outcome is that the bonus amount and any winnings generated from that bonus are removed from your account, while your remaining real-money balance stays. You should then be free to withdraw those real funds, subject only to the usual deposit turnover checks and KYC verification. Before cancelling, it's a good idea to ask support to confirm what will be removed and to take a screenshot of your balance, so you have a record in case something doesn't look right afterwards or there's confusion about which money came from where.

  • From a purely mathematical and protection point of view, it's not a great value play. A 40x bonus wagering requirement on standard pokies means that, on average, you'll lose more to the house edge clearing the bonus than the bonus itself is worth. For example, a A$100 bonus requires A$4,000 in bets, with an expected loss of about A$160 on 96% RTP games - so your net EV is around -A$60 and that's before thinking about max-bet mistakes. If you're happy treating it purely as a way to spice up a few sessions and you strictly follow the rules, you might enjoy it as entertainment. But if your main goal is to protect your bankroll and make it easier to withdraw, you'll usually be better off skipping the welcome bonus and playing with raw cash only.

  • You can usually cancel a bonus either from your account's bonus section - where active offers are listed with a "forfeit" or "cancel" option - or by contacting live chat and asking them to remove it for you. Before you do, check whether you have any bonus-derived winnings left and ask support to confirm what will be removed. Once the bonus is cancelled, you should no longer be restricted by the bonus wagering or the A$8 max bet rule on future bets, although your existing play history will still be reviewed if you go on to request a withdrawal soon after cancelling. If you're unsure, a quick chat with support before clicking anything is worth the two minutes.

  • On paper it's simple - 100 spins at A$0.40 is A$40 worth of spins. In reality, once you factor in 40x wagering on whatever you win and the A$300 cap, you'll usually end up with less. It's a fun way to try a game, but it's not something I'd bank on for serious cash. After the wagering and cap rules kick in, the practical value is lower, and it's better to treat them as a bit of extra playtime rather than a big earner or a shortcut to withdrawing hundreds.

Sources and checks

  • Official casino: Lets Lucky (letslucky-aussie.com)
  • Bonus & T&C details: verified against the live promo pages and current terms & conditions between May 2024 and March 2026.
  • Responsible gaming information: see the site's dedicated page on responsible gaming for warning signs, limit tools and links to Australian support services.
  • Payment context for Australians: based on how major local banks, Neosurf and crypto are commonly used for offshore casino deposits and withdrawals, and cross-checked with the casino's own payment methods information.
  • Independent author: analysis prepared by a casino review specialist focused on the Australian grey-market environment; you can read more background on the reviewer on the about the author page.