Bonuses · 2026 Live data · 29 Oct 2026
New casino bonuses: what the welcome offers are worth
$3,000 Median headline welcome offer at casinos founded 2024–2026
New casinos lead with large welcome offers, often spread over three to five deposits. The headline matters less than the terms: the wagering, the maximum bet, the games that count and the time limit.
The offers shown are as each casino states them for Canada. Offshore casinos and their offers are not available in Ontario.
- Offers as stated by each casino
- Wagering maths you can check
- Not available in Ontario
By Aarav Menon | Updated 27 Oct 2026
- New casinos with an offer
- 59 of 60
- Median offer, new
- $3,000 founded 2024–2026
- Median offer, older
- $2,000 founded before 2024
- With free spins
- 50 new casinos
- Wagering on file
- 16 new casinos
Short answer
Are new casino bonuses worth claiming?
Only when the wagering is low. Clearing a bonus costs about the bonus times the wagering times the house edge. On a 96% RTP slot, a bonus breaks even at about 25x and loses value above that.
- New casinos with an offer
- 59 of 60
- Median offer, new
- $3,000 founded 2024–2026
- Median offer, older
- $2,000 founded before 2024
- With free spins
- 50 new casinos
Worksheet
What a bonus is worth after wagering
Enter the bonus money and its wagering from the offer. The worksheet shows how much you must bet and what that costs on average.
What is a welcome bonus worth?
WorksheetYou must bet $3,500 before the bonus turns into cash. At 96.0% RTP that costs $140 on average, so the bonus is worth about -$40.
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 |
| $300 | 40x | $12,000 | $480 | -$180 |
Worked examples at 96% RTP; example terms, not a casino's offer.
Ranking
New casinos ranked, with their welcome offers
Casinos on our list that accept players from Canada, with their current welcome offers.
| Casino | Age | Licence (stated) | Welcome offer | Wagering | Action |
|---|---|---|---|---|---|
| 1 | Year 1 · 2026 since 7 May 2026 | Curaçao | $3,000 | 40x | |
| 2 | Year 1 · 2026 since 8 Feb 2026 | Curaçao | $900 + 500 Free Spins | 40x | |
| 3 | Year 2 · 2025 since 30 Sep 2026 | Anjouan License | $2,000 + 300 Free Spins | – | |
| 4 | Year 1 · 2026 since 30 Jan 2026 | Anjouan License | $2,000 + 50 Free Spins | – | |
| 5 | Year 1 · 2026 since 20 Feb 2026 | Kahnawake Gaming Commission | $40 + 100 Free Spins | – | |
| 6 | Year 3 · 2024 since 15 Jun 2026 | Curaçao | $3,000 + 175 Free Spins | – | |
| 7 | Year 2 · 2025 since 27 Oct 2025 | Anjouan License | $13,000 + 250 Free Spins | – | |
| 8 | Year 2 · 2025 since 1 Sep 2025 | Curaçao, Anjouan License | $3,000 + 175 Free Spins | – | |
| 9 | Year 3 · 2024 since 3 Oct 2025 | Curaçao | $20,000 + 350 Free Spins | – | |
| 10 | Year 1 · 2026 since 31 Jul 2026 | Costa Rica Gambling License | $7,500 + 350 Free Spins | – |
Ranking: our ranking for this page, read 29 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 you can withdraw.
Stake cap
A cap on each bet while wagering, often $5. One bet above it can void the bonus.
Games that count
Slots usually count in full; table and live games at 10% or less.
Win limit
Some offers cap what you can cash out from bonus winnings.
Bonus types
Bonus types at new casinos
Each page ranks new casinos for that kind of offer.
- Page Bonus codes at new casinos for Canadian players
- Page Free spins at new casinos: what a pack is really worth
- Page No deposit bonuses at new casinos
- Guide 4 ways to find no deposit bonus codes at new casinos
- Guide Do no wagering bonuses exist at new real money casinos?
- Guide Exclusive new casino bonuses: what they are and what to check
- Guide How to find and claim a new casino bonus
- Guide New casino bonuses for beginners
- Guide New casino bonuses for experienced players and high rollers
- Guide Sticky and non-sticky bonuses at new casinos
- Guide Why your new casino bonus did not work, and what to do
In depth
Bonus types
- Welcome package: match bonuses over several deposits, often with free spins.
- No deposit bonus: small free credit or spins for registering, with a cash-out cap.
- Free spins: spins on named slots, winnings usually wagered.
- Reload and cashback: ongoing offers for existing players.
- Bonus codes: offers unlocked by a code at deposit.
What a bonus is worth
Expected value is the bonus minus the expected cost of wagering it. With a $100 bonus at 35x you bet $3,500; at a 96% RTP that costs about $140, so the bonus is worth about -$40 on average. At 20x the cost is $80 and the bonus is worth +$20. Wagering on deposit plus bonus doubles the bets and the cost.
Bonuses in Canada
Offshore casinos set their own wagering, usually 30x to 45x. Their offers exclude Ontario, where AGCO-registered sites may only show bonuses on their own sites to players who have signed up. In Alberta's new regulated market, licensed operators follow the AGLC's standards. Bonus winnings from recreational play are not taxed in Canada.
Our guides on how to claim a bonus, why bonuses fail and sticky and non-sticky bonuses cover the rest.
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 total bets, then by the house edge (4% on a 96% RTP slot) for the expected cost. Subtract that from the bonus.
What is a good wagering requirement?
Below about 25x the bonus on slots at 96% RTP. Lower is better.
Can I win real money with a no deposit bonus?
Yes, up to the cash-out cap and after the wagering is done.
Do bonuses expire?
Yes. Most give 7 to 30 days to finish wagering; free spins often expire within a day or two.
Why can't I see these offers in Ontario?
Offshore casinos exclude Ontario, which allows only AGCO-registered operators.
Can I use two bonuses at once?
Usually not. Most casinos run one bonus at a time.
Responsible gaming
Play only if you are 19+ and it stays fun
These rules apply on every page of this site. A young casino has less history to judge it by, so the limits matter more.
Adults only, everywhere
You must be 19 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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