Crypto Casino Bonuses, Compared

Every casino on this site runs at least one bonus, and most run four. This page puts all of them in one place, groups them by what they actually are, and works out what each one is worth once the wagering is subtracted. The numbers come from the offers as they stood when we last checked each brand, and every figure links back to the review it came from.

Two things are worth saying before the tables. First, the headline number on a banner is the amount of bonus credit, not the amount of money you can withdraw. Second, the multiplier printed next to it decides how much of that credit survives. A 100% match at 40x is worth less than a 100% match at 20x by a wide margin, and on the offers below the gap between best and worst is larger than the gap between the smallest and largest headline.

The seven things a casino calls a bonus

The vocabulary is not standard across brands, and the same word can mean two different products. There is a longer walk through each of them in the bonus types explainer. These are the seven you will meet on the casinos we cover.

• Welcome match. The casino adds a percentage of your first deposit as bonus credit. It carries wagering, and it is the offer with the biggest headline and usually the worst terms.
• No deposit offer. Free spins or a small credit given for registering, before you have paid anything. Small, capped, and the only offer you can test a site with for free.
• Free spins. A fixed number of spins at a fixed stake on one named slot. Winnings, not the spins, carry the wagering.
• Reload. A smaller match on a later deposit, usually on a set day of the week.
• Cashback. A share of your net losses over a period, returned as credit or cash. Paid on what you lost, so it costs you nothing to qualify.
• Rakeback. A share of the house edge on every bet, returned whether you win or lose. Paid on turnover rather than losses.
• VIP or level-up. One-off payments for reaching a tier, plus an ongoing rate that improves as you climb.

What a bonus is worth after the wagering

The arithmetic is short. Clearing a bonus means betting it through a set number of times, and the house takes its edge on each of those bets. On a 96% RTP slot the edge is 4%, so the expected cost of clearing is the wagering multiplier times the bonus times 4%.

That gives a break-even multiplier of 25. At 25x the expected cost equals the whole bonus. Below 25x you keep something, above 25x the offer is worth less than nothing in expectation, and you are paying for the entertainment of chasing it. The full derivation, including what changes on lower RTP games, is on the no wagering casinos page.

Applied to the welcome offers on this site, on the standard assumption that wagering runs on the bonus only:

Casino	Welcome offer	Wagering	Expected value of the bonus
Vavada	100% up to EUR 1,000 plus 120 spins	20x	20% of face value
Casino-X	Up to 200% and up to EUR 2,000 across tiers	25x	Break-even
BC.Game	Up to $20,000 across four deposits	30x	Minus 20%
Joycasino	Up to EUR 3,950 across five deposits, plus 200 spins	30x	Minus 20%
Ramenbet	Up to 200% and up to $2,000 across tiers	30x	Minus 20%
Riobet	100% up to $1,000 plus 50 spins	35x	Minus 40%
Housebets	Up to $1,000 first deposit match	35x	Minus 40%
Flagman	100% up to EUR 500 plus 50 spins	40x	Minus 60%
Fresh	100% up to $500 plus 100 spins	40x	Minus 60%
Mostbet	125% up to $300 plus 250 spins	60x	Minus 140%
Duel	No welcome match, 50% slot rakeback from the first bet	None	Not applicable
Stake	No welcome match, rakeback from the first bet	None	Not applicable

A minus figure does not mean the casino takes money out of your account. It means the bonus credit is expected to be gone before the wagering is finished, and the deposit that triggered it goes with it. Read the row for Mostbet as a warning about multipliers rather than about the casino: the sportsbook side of the same welcome runs at 5x, which is a completely different product.

Two of the twelve skip the match entirely and pay rakeback instead, so there is no wagering to price. Both are listed on the no wagering casinos page with the terms in full.

Welcome offers, brand by brand

Codes matter here. Six of the twelve pay a different offer depending on whether a code was entered at sign-up, and the code cannot be added afterwards.

Casino	Offer	Wagering	Code
Duel	No welcome match. 50% rakeback on slots instead	None	Not needed
BC.Game	Up to $20,000 across the first four deposits	30x	Not needed
Joycasino	Up to EUR 3,950 over five deposits, plus 200 spins	30x	MOBILE
Casino-X	Up to 200% and up to EUR 2,000, plus up to 200 spins	25x	MOBILE
Ramenbet	Up to 200% and up to $2,000 across tiers	30x	MOBILE
Riobet	100% up to $1,000 plus 50 spins	35x	FBI
Vavada	100% up to EUR 1,000 plus 120 spins	20x	CENTR
Housebets	Up to $1,000 on the first deposit	35x	Not needed
Flagman	100% up to EUR 500 plus 50 spins	40x	MOBILE
Fresh	100% up to $500 plus 100 spins	40x	MOBILE
Mostbet	125% up to $300 plus 250 spins on casino, or 125% up to $300 on sports	60x casino, 5x sports	Not needed
Stake	Instant rakeback and VIP rewards instead of a match	None	CENTR

The value maths for each of these, including what the caps do to the headline, is set out on the welcome bonuses page.

No deposit offers

Seven of the twelve give something for registering. All seven are free spins rather than credit, all are capped, and six of the seven need a code at sign-up.

Casino	What you get	Wagering	Code
Vavada	100 spins plus 20 more	50x	CENTR
Flagman	50 spins	Per site terms	MOBILE
Fresh	50 spins	Per site terms	MOBILE
Joycasino	30 spins	Per site terms	MOBILE
Casino-X	30 spins	Per site terms	MOBILE
Ramenbet	30 spins	Per site terms	MOBILE
Riobet	30 spins	30x	FBI

The largest offer on that table also carries the heaviest multiplier, which is the usual shape of a no deposit deal. It is still the cheapest way to see how a site behaves, because the only thing you can lose is time. The full terms, including the maximum you can withdraw from each, are on the no deposit bonuses page.

Cashback and rakeback, where the value actually is

Run the same arithmetic on cashback and the picture inverts. Cashback is paid on money you have already lost, so there is no cost to qualify, and the multipliers attached to it are small.

Casino	Ongoing offer	Wagering	Kept after clearing
Duel	50% rakeback on slots, 80% on Duel Blackjack, 5% on the originals	None	All of it
Stake	A share of the house edge on every bet, plus reloads and weekly bonuses	None	All of it
Housebets	Rakeback on every bet plus cashback on net losses	1x	About 96%
Mostbet	Up to 10% back weekly	3x	About 88%
Vavada	Up to 10% of net losses	5x	About 80%
Riobet	Up to 10% back weekly	5x	About 80%
Fresh	Up to 10% weekly by VIP level	5x	About 80%
Casino-X	Weekly cashback by VIP level	5x	About 80%
Flagman	Up to 8% of net losses	5x	About 80%
Joycasino	Cashback and reloads that scale with tier	5x	About 80%

Compare the two tables. The worst cashback on this site keeps 80% of its face value. The best welcome match that carries wagering keeps 20%. That is the single most useful thing on this page: for a player who returns, the ongoing offer is worth more than the one on the banner, and it is the one nobody advertises.

The catch is that cashback only pays if you lose. It is not a rebate on deposits, and a winning week pays nothing. Rakeback is the version that pays either way, which is why Duel and Stake build their whole loyalty model on it.

Reloads and weekly offers

Reloads are the mid-week product. They are smaller than the welcome, they repeat, and their terms are usually a little softer.

• Flagman runs 75% up to $100 every Tuesday at 35x.
• Fresh runs 50% up to $200 every weekend at 35x.
• Casino-X runs a weekend reload match at 25x.
• Ramenbet adds up to 50% on daily crypto deposits at 30x.
• Stake runs recurring deposit boosts for active players with no wagering attached.

At 35x the same arithmetic applies as to a welcome match, so a Tuesday reload is not free money. The reason to take one is that the amounts are small enough that the expected cost is small too, and the sites that run them tend to pair them with cashback that pays some of it back.

Free spins are a bonus with extra steps

A spins package looks generous because the count is large. What matters is the three numbers underneath it.

1. The stake per spin. 250 spins at $0.10 is $25 of turnover, not $250. Multiply before you compare packages.
2. What carries the wagering. The spins are free. The winnings from them are bonus credit, and that credit carries the multiplier.
3. The cap on winnings. Most spin offers cap what you can withdraw from them regardless of what the reels do. A large win on a free spin is trimmed to the cap.

The three largest spin packages on this site are 250 at Ramenbet and Mostbet, and 200 at Joycasino and Casino-X. All four are tied to a deposit. The largest offer that needs no deposit is 120 spins at Vavada.

The clauses that decide whether you keep anything

These sit in the terms, not on the banner, and any one of them can void a bonus you have already cleared.

• Game weighting. Slots usually count 100% toward wagering. Table games often count 10% or less, and some count nothing. Clearing 35x on blackjack at 10% weighting means 350x of real turnover.
• Maximum bet while a bonus is active. Commonly five dollars or euros. One spin above it can void the balance, and the software will let you place it.
• Maximum cashout. A cap on what you can withdraw from bonus winnings, often a multiple of the bonus. It applies after you have finished the wagering.
• Time limit. Typically seven to thirty days. Unfinished wagering when the clock runs out takes the bonus and its winnings with it.
• Sticky or non-sticky. A sticky bonus cannot be withdrawn, only the winnings above it can. A non-sticky one lets your own deposit stay separate, which is much better and much rarer.
• Excluded games. A named list of high RTP or high volatility slots that do not count. Check it before you pick where to clear.
• One account per person, household and IP. The rule that voids the most bonuses in practice, and the one that shared connections trip by accident.

How to read an offer in two minutes

1. Find the multiplier and whether it runs on the bonus or on deposit plus bonus. The second doubles the work.
2. Multiply the multiplier by 4%. Above 100% the offer is worth less than nothing in expectation.
3. Find the maximum cashout. If it exists, that is your real ceiling, not the headline.
4. Find the maximum bet. Note it somewhere you will see it while playing.
5. Check the weighting on the games you actually play.
6. Check whether a code is needed and enter it at sign-up. It cannot be added later.
7. Compare the ongoing cashback to the welcome. On most of the sites here the cashback is the better offer.

If a step takes longer than a minute because the terms are not published, that is information too. How we weigh bonus terms when scoring a casino is set out on the how we rate page.