Top offer
100% up to €200 + 50 Free Spins (low wager)
Wager 25× Max Cashout 10× Clear 55%
[ 32 operators · 76 bonuses priced · repriced September 2026 ]
Casinos, judged by their bonus math.
We rate operators on the expected value of their bonuses, licensing, and deposit flexibility — not on ad-spend. Every casino below is on an offshore license (Curaçao/DLAG or Anjouan); EU-regulated markets aren't served here yet.
CLAIM best bonus EV ≥ +€1 · NEUTRAL −€10 to +€1 · SKIP EV < −€10 or unpriced
32
operators tracked
3
positive-EV
2
break-even
76
bonuses priced
[ browse operator categories ]
Full operator ranking
Grouped by best-bonus EV under a balanced €100 Monte Carlo. Sortable per group by CasiMath score.
Positive-EV operators
[03] CLAIMBest offer prices out above break-even (+€1 or higher on a €100 deposit under our balanced Monte Carlo). These are the operators whose bonus stack is genuinely worth chasing — clearance probabilities and cashout caps are also strong enough to translate the math into actual withdrawals.
Top offer
50 Free Spins on verification (no deposit)
Wager 35× Max Cashout 3× Clear 17%
Top offer
25 Free Spins on registration (no deposit)
Wager 30× Max Cashout 3× Clear 15%
Break-even operators
[02] NEUTRALBest offer sits at or just below break-even in EV terms (−€10 to +€1). Playable for the entertainment and any VIP/loyalty stack, but the primary welcome offer will not measurably grow your bankroll on average.
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 35× Max Cashout 5× Clear 43%
Top offer
125% up to €400 + 100 Free Spins
Wager 35× Max Cashout 5× Clear 40%
Negative-EV or unpriced
[27] SKIPBest offer prices out negative (−€10 or lower) or the operator has no tracked bonus yet. Fine as backup accounts or for a specific game not indexed elsewhere; do not chase the welcome bonus for EV.
Top offer
100% up to €500 + 150 Free Spins
Wager 35× Max Cashout 5× Clear 39%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
2nd deposit: 55% up to €500 + 100 free spins
Wager 40× Max Cashout 5× Clear 35%
Top offer
100% up to €450 + 200 Free Spins
Wager 40× Max Cashout 5× Clear 32%
Top offer
150% up to €300 + 50 Free Spins
Wager 40× Max Cashout 5× Clear 31%
Top offer
100% up to €300 + 300 Free Spins
Wager 40× Max Cashout 5× Clear 31%
Top offer
300% up to €1500 across 3 deposits
Wager 45× Max Cashout 10× Clear 6%
Top offer
200% up to €1000 + 75 Free Spins
Wager 50× Max Cashout 4× Clear 4%
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FAQ
How do you rank casinos?
We price the best bonus at each operator with an 800-run Monte Carlo on a €100 balanced deposit, group operators by expected value, then order within each tier by CasiMath score (licensing, deposit flexibility, geo reach). CLAIM tier (EV ≥ +€1) means the welcome stack is genuinely worth chasing; NEUTRAL (−€10 to +€1) is entertainment-priced; SKIP is EV-negative or unpriced.
Which operator has the highest EV bonus right now?
We recompute this on every build. As of September 2026, the CLAIM tier holds 3 operators — the top of the list on this page is the current EV leader. Because EV depends on your deposit size, average bet and playstyle, the ordering can flip once you plug real numbers into the portfolio builder.
Are these casinos safe?
Every listed casino holds at least an offshore license (Curaçao/DLAG or Anjouan). We do not list any operator without a visible license number. Offshore licensing is weaker than MGA/UKGC — see the licensing glossary.
Why don't you list UK/DE/EU-licensed casinos?
Our current partner network is offshore-only. When we onboard MGA/UKGC/GGL operators, region-specific listings will appear on the country hubs first — see Casinos by country.
Do you take money from these casinos?
Yes — affiliate commissions from partner operators when a user signs up via a rel="sponsored" link. Commission rates do not influence the EV verdicts: bonus math is computed from the operator's published T&Cs, not from what the operator pays us. See About.
How often is the ranking updated?
Rebuilt on every deploy (typically daily). The current build stamp is September 2026. Bonus T&Cs change frequently — if a headline offer looks stale, check the operator page for the last verified date.