Bonuses · 2026 Live data · 22 Oct 2026
New casino bonuses: what the welcome offers are worth
€1,700 Median headline welcome offer at casinos founded 2024–2026
New casinos lead with large welcome offers. The figure beside this text is the median headline offer at casinos founded this year or in the two years before, and the headline is the least useful number in any offer.
The value sits in the terms: the wagering, the maximum bet while it runs, the games that count and any cap on winnings. The worksheet below turns those terms into an expected cost, so you can compare two offers before you deposit.
- 18+ only
- Offers as stated by each casino
- Wagering maths you can check yourself
By Aarav Menon | Updated 18 Oct 2026
- New casinos with an offer
- 129 of 152
- Median offer, new
- €1,700 founded 2024–2026
- Median offer, older
- €1,000 founded before 2024
- With free spins
- 114 new casinos
- Wagering on file
- 21 new casinos
Short answer
Are new casino bonuses worth claiming?
Only when the wagering is low. Clearing a bonus costs about bonus × wagering × house edge: €100 at 40x on a 96% RTP slot costs about €160, more than it gives you. At 25x the same bonus breaks even on average, below that it starts to pay, and a no-wagering offer is worth its face value.
- New casinos with an offer
- 129 of 152
- Median offer, new
- €1,700 founded 2024–2026
- Median offer, older
- €1,000 founded before 2024
- With free spins
- 114 new casinos
Worksheet
What a bonus is worth after wagering
Enter the bonus money from the offer and its wagering. The expected cost is what the average player loses while betting through the wagering; the bonus is worth claiming when the cost is lower than the bonus.
What is a welcome bonus worth?
WorksheetYou must bet €4,000 before the bonus turns into cash. At 96.0% RTP that costs €160 on average, so the bonus is worth about -€60.
Average over many players · terms vary by casino| Bonus claimed | Wagering | To wager | Expected cost at 96% | Value |
|---|---|---|---|---|
| €100 | 0x | €0 | €0 | €100 |
| €100 | 20x | €2,000 | €80 | €20 |
| €100 | 35x | €3,500 | €140 | -€40 |
| €500 | 40x | €20,000 | €800 | -€300 |
Worked examples at 96% RTP; example terms, not a casino's offer.
Ranking
New casinos ranked, with their welcome offers
Our ranking, limited to casinos founded in 2024 or later. Each row shows how new the casino is and which licence it states.
| Casino | Age | Licence (stated) | Welcome offer | Wagering | Action |
|---|---|---|---|---|---|
| 1 | Year 3 · 2024 since 22 Jan 2025 | Curaçao | €600 + 400 FS | 45x | |
| 2 | Year 3 · 2024 since 4 Sep 2025 | Costa Rica Gambling License | $2,000 + 100 FS | – | |
| 3 | Year 1 · 2026 since 16 Mar 2026 | Anjouan License | $1,000 + 25 FS | – | |
| 4 | Year 3 · 2024 since 15 Jun 2026 | Curaçao | €1,800 + 175 FS | – | |
| 5 | Year 2 · 2025 since 30 Jun 2025 | Curaçao | €300 + 350 FS | – | |
| 6 | Year 2 · 2025 since 20 Feb 2026 | Curaçao | €3,000 + 300 FS | 40x | |
| 7 | Year 3 · 2024 since 29 May 2024 | Curaçao | $2,850 + 975 FS | – | |
| 8 | Year 3 · 2024 since 31 Jul 2026 | Curaçao | Not listed | – | Review |
| 9 | Year 3 · 2024 since 18 Jun 2025 | Anjouan License | €1,000 + 400 FS | – | |
| 10 | Year 3 · 2024 since 28 May 2026 | Curaçao | $1,500 + 150 FS | – |
Ranking: our ranking for this page, read 22 Oct 2026. Offers as stated by the casino; licences as each casino states them.
Read before you claim
Terms that decide what a bonus is worth
Times you bet it
How often you must bet the bonus, sometimes bonus plus deposit, before it turns into cash. 40x on a €100 bonus means €4,000 of bets.
Stake cap
Most terms cap each bet while wagering runs, often at a few euros. One bet above the cap can void the bonus and its winnings.
Games that count
Slots usually count in full. Table and live games often count at a fraction or not at all, which multiplies the wagering.
Win limit
Some offers cap what you can cash out from bonus winnings, so a large win is cut down to the cap.
Bonus types
Bonus types at new casinos
Each page ranks new casinos and works out what that kind of offer is worth.
Questions
New casino bonuses: questions
How do I work out what a welcome bonus is worth?
Multiply the bonus by the wagering to get the amount you must bet, then multiply by the house edge (1 minus the RTP) for the average cost. €200 at 30x on a 96% RTP slot means €6,000 of bets and about €240 of expected losses, so the bonus is worth about minus €40.
What is a good wagering requirement?
At 96% RTP a bonus breaks even at 25x the bonus. Lower is better, and a no-wagering offer is worth its face value. Check whether the wagering applies to the bonus alone or to the bonus plus your deposit, which doubles it.
What is a maximum bet rule?
A cap on each stake while the bonus is active. Casinos check it when you withdraw, and one bet above the cap can void the bonus and what it won. The cap is in the bonus terms, usually stated in euros or as a share of the bonus.
Can I withdraw my deposit before the wagering is done?
It depends on the offer. With some offers your deposit stays separate and can be withdrawn, which forfeits the bonus. With others the deposit is locked with the bonus until wagering is complete. The terms say which applies.
Are bonuses at new casinos bigger than at older ones?
The headline offers often are, and the strip above compares the median offer at new and older casinos on our list. A bigger headline at higher wagering can still be worth less, so run it through the worksheet.
Should I claim a bonus at a casino I have never used?
Consider skipping it on your first deposit. Without a bonus you can withdraw at once, which is the quickest way to see how a new casino pays out. See our guide to terms and conditions before you claim.
Responsible gaming
Play only if you are 18+ and it stays fun
These rules apply on every page of this site. A casino in its first year has less history to judge it by, so the limits matter more.
Adults only, everywhere
You must be 18 or older, and older in some countries. A casino can ask for ID before your first withdrawal, and new casinos often do.
Responsible gamingStart small with an unknown casino
Deposit an amount you would accept losing to a failed withdrawal, and request a small cash-out early to see how the casino handles it.
How we review new casinosSet limits before the welcome offer
Bonus wagering keeps you playing longer. Set a deposit limit and a time limit in the account before you claim.
Set your limitsFree, confidential support
If playing stops being fun, talk to someone. Gambling Therapy offers free support in many languages.
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