Latest Casino Bonuses for Feb 2021
Stay up to date with the best casino bonuses from the online gambling industry. As new online casinos constantly present competition to established brands, on-going promotions appear on a regular basis.
The cutthroat competition between online casinos presents excellent benefits to players worldwide. Established brands will always try to retain new players via ongoing bonus offers. Whereas, new online casinos will try and one-up established casinos by enticing new players with extremely valuable bonus offers.
We are constantly on the lookout for rising and reputable online casinos’ and their bonus offers. Our website will let you know about the latest and greatest as soon as it’s available. Browse our extensive bonus listing to find the best new online casino welcome offers, free spins bonuses, no deposit bonuses, and more!
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What makes a good bonus? Unmistakably, the first thing that will grab your attention will be the bonus amount. But, if we were judging bonuses by their cash value, we wouldn’t be doing you a great service.
Our list features hand-picked bonus offers that tick all the boxes of a great online casino bonus: solid bonus amount, fair wagering requirements and reasonable bonus terms. Indeed, it is the bonus terms that determine the value of a bonus, rather than the bonus amount itself.
The Bonus Terms – Always Look Behind the Curtain
Our casino reviews always consist of a brief overview of the most important bonus terms to look out for, but we always advise our readers to have a full read of the terms before claiming any offer.
To save yourself headaches in the long run, take a few minutes of your time and read through the casino’s bonus terms and conditions. It’s the soundest time-investment you can make if you’re a regular online player.
Spend some time browsing online forums and you will see many complaints of players feeling they were “robbed” of their cash, when in fact they failed to respect simple bonus rules. The bonus rules are in place to prevent fraudulent activity, and if wagering requirements didn’t exist, casinos would go bankrupt in the blink of an eye.
Some online casinos go overboard with their terms and conditions, making it almost impossible for your cash to see the light of day. We make sure to avoid such casinos at all costs. However, we believe you should be able to identify fair bonus terms by yourself, and we’ll single out the most crucial things to look out for before you claim promotions.
Playthrough requirements, better known as wagering requirements, dictate the cash value of the total bets you need to place in order to “clear” your bonus and withdraw your leftover winnings.
For instance, a €100 bonus with X30 wagering requirements means that you will need to place a total amount of bets valued at €3000. It does not matter if these bets are winning or losing, neither does the frequency of your bets. The trick is not to run out of money before you’ve wagered your bonus, and that comes down to luck for the most part.
When we look at the latest casino bonuses, we look at the wagering requirements first and foremost. A casino will either ask you to wager your deposit + bonus amount, or your bonus amount only.
What are Fair Wagering Requirements?
An X25 playthrough requirement of your deposit + bonus indirectly translates to X50 of your bonus. X30 to X35 times of your deposit + bonus cash (or up to X60 of your bonus) is considered fair and average. Anything below that number is a huge plus, but anything above and you may run into trouble. These are general guidelines, and it’s always important to judge things based on context.
Although rarely, some online casinos will impose a maximum cashout limit on winnings generated with an active bonus in your account. If a maximum cashout is €1000, for example, then any winnings past that point will be removed from your account upon withdrawal.
Is the Bonus Cashable or Non-Cashable?
Most online casino bonuses are cashable, but some are non-cashable. This means that you can use the bonus credited to your account to place wagers, but the bonus amount itself will be removed from your balance upon withdrawal. This lets you keep any winnings generated using the bonus cash, but not the bonus cash itself.
Time to Wager
Most online casinos will give you a time period of 30 days for you to fully wager your bonus. 30 days is more than enough even for casual players. Still, there are free spins offers which must be used within 24 hours after you’ve claimed them, which is why you should keep this rule in mind when browsing the terms.
One rule which has lead many players to believe they have been cheated by casinos is the Max Bet rule. Many online casinos will have this in their bonus terms. The Max Bet rule signifies the maximum allowed value per single stake while wagering. It is usually €5 (or currency equivalent), so be on the lookout. Often, breaking this rule will void your bonus funds and any subsequent winnings.
Just as not respecting the Max Bet rule can lead the casino to void your bonus funds and winnings, so can playing on restricted bonus games.
At every online casino, different games contribute different amounts towards wagering. Generally, slot machines will contribute 100%, whereas other games such as table games, video poker and live casino will contribute 10-20% or not at all.
In some cases, certain slot machines are also excluded, which is why you should have a good look at the restricted games section of each promotion.
Different Casino Bonuses
There are many bonus types out there. From the enticing first deposit welcome offer, to free spins, loyalty bonuses and even the famed no deposit bonuses.
Read below for an overview and their key differences.
The welcome bonus is the staff of life for many seasoned online casino players. As a player who prefers bonuses, it wouldn’t be beneficial to stay at a single online casino forever, when the next great casino welcome offer is just a few clicks away.
The welcome offer often provides the best value out of all bonus types on the market. It is usually in the form of a first deposit match. Often, a welcome bonus will consist of a matching bonus on your second and third deposits as well.
An example of a common welcome bonus is 100% up to €200 on your first deposit. Meaning, if you deposit €200, you would have €400 to play with – half bonus funds, half your deposited cash.
The bonus terms will tell you whether your deposited or bonus cash is used first while wagering. Some casinos draw even amounts of cash from both your deposit and bonus balance simultaneously.
Why is this important? Many online casinos will let you play with your deposited cash first, even if you’ve claimed a bonus, letting you withdraw any winnings from your deposit money, but at the cost of forfeiting your bonus funds. These types of bonuses act as “second chance” bonuses, and you may find them preferential to regular bonuses.
Free Spins Bonuses
Free spins may be standalone offers that are offered to you in no deposit form, as a form of a “loyalty” bonus if you’re a regular, or as is the latest trend; in combination with the welcome offer. For instance, a 100% match up to €100 + 20 Free Spins is a common sight nowadays.
Free spins bonuses always have different terms than cash bonuses, so be on the lookout for that. Our team is constantly in search for the latest free spins bonuses. You can rest assured they are available in abundance, since slots are the most played casino game by far.
No Deposit Bonuses
No deposit bonuses are one of the finest advantages of the online casino market. This type of bonus is self-explanatory – it’s a bonus that is credited to your account that does not require a deposit on your part. It is as close to “free money” as it gets.
Many no deposit bonuses are quick to expire which is why we always make sure to feature an up-to-date list of the latest no deposit bonus offers and bonus codes.
You should keep in mind that no deposit promos usually come with a Max Cashout of €/£100 (or currency equivalent) and higher-than-usual wagering requirements, sometimes up to X100 of your bonus amount. No deposit free spins usually have lower wagering requirements, up to X40 of your free spins winnings, as most bonus spins are valued at 0.10 or 0.20 per spin.