Loki Casino currently shows a three-deposit welcome package on its promotions page: 100% up to €30,000 plus 100 spins, 75% up to €1,000 plus 75 spins and 50% up to €500 plus 50 spins, in total up to €31,500 and 225 spins. Each step needs a €20 deposit, carries 40x wagering on the bonus and a €2 maximum bet. The official pages replace the older 225% offer in the listing. Two things sit against the offer: the licence and operator are reported differently by different sources, and CasinoGuru rates the casino 3.3 on its safety index, labelled Very low.
Three codes, three deposits: LOKIFTD, LOKI75 and 5LOKI
The first deposit uses code LOKIFTD and gives 100% up to €30,000 plus 100 free spins in Candy Monsta (BGaming). The second uses LOKI75: 75% up to €1,000 plus 75 spins in Fruit Million (BGaming). The third uses 5LOKI: 50% up to €500 plus 50 spins in Bonanza Billion (BGaming). All three need at least €20 and can be claimed once per player.
The spins do not arrive at once. The first 100 come at 20 a day from day 2, so they last five days. The second step pays 25 a day from day 2 (three days for 75 spins), and the third pays 25 a day from day 3 (two days for 50 spins). The promotions page also says the second step applies only on the first deposit, which contradicts its own title. We treat that as an error on the page, but it is worth asking support before depositing.
Why €30,000 needs a €30,000 deposit
The match is 100%, so the bonus equals the deposit. To receive the full €30,000 you would have to deposit €30,000. A €20 deposit gives a €20 bonus, a €100 deposit gives €100. The same logic applies to the other steps: 75% up to €1,000 needs about €1,333 to reach the cap (1,000 divided by 0.75), and 50% up to €500 needs €1,000.
The €31,500 headline is therefore a ceiling for very large depositors. For a typical player the useful figure is the one at their own deposit size, and for most of them the 225 spins are the more reachable part of the package.
40x on the bonus and a €2 bet limit: what €800 of bets means
Wagering is 40x the bonus amount, and 30x on free-spin winnings. A €20 deposit gives €20 of bonus and a target of €800. At the €2 maximum bet that is at least 400 bets. A €100 deposit gives €100 and a €4,000 target, at least 2,000 bets. On a €200 second-step deposit the bonus is €150 and the target €6,000, or at least 3,000 bets at €2.
The bonus is cancelled if the bonus balance falls to €0.05 or less. Slots count 100%, while table games, live casino and lottery count only 5%. Real money is wagered before bonus funds, only one bonus can be active at a time, and deposit bonuses cannot be stacked. Bet doubling and bonus buys count toward the €2 limit.
The two official pages do not fully agree: the promotions page names 30x for the free-spin winnings, while the bonus terms speak of 40x on bonus plus free-spin winnings. Timing is 1 day to activate and 7 days from activation to wager. The general terms also mention a 3x turnover on deposits before withdrawal.
The 5x deposit win cap: €100 from a €20 deposit
Winnings from a deposit bonus are capped at 5 times the deposit it was activated on, up to €5,000. Winnings from the free spins of a deposit bonus are capped at 5 times the deposit, up to €1,000. A €20 deposit caps the bonus winnings at €100, and you need a €1,000 deposit to reach the €5,000 ceiling.
This is the number that matters most. Clearing €800 of wagering to end up with at most €100 is a tight trade, and the €30,000 headline does not change that cap. The bonus terms also list a €150 maximum withdrawal for a free-spins bonus, without saying which offer it covers.
Weekend Reload, three cashbacks and Bonus Cancellation
Weekend Reload (code 6RELOAD) gives 60% up to €10,000 plus 75 spins from Friday to Sunday, once a week, with a €50 minimum deposit, 40x and a €5 max bet. A €50 deposit gives €30 and a €1,200 target.
Daily Cashback pays 5% to 10% of the previous day's deposits by tier: 5% for €20 to €2,999, rising to 10% from €20,000, up to €10,000, at only 3x. On a €1,000 deposit that is €50 and a €150 target. Upgraded Daily Cashback returns up to 20% of Wednesday losses (max €5,000), and Weekly Cashback up to 20% of weekly losses (max €50,000, minimum weekly deposit €50). Bonus Cancellation returns 100% of a withdrawal of at least €75 as bonus, at 40x: a €75 withdrawal turns into a €3,000 target. There is also a Halloween offer, code HW100, 100% up to €500 plus 100 spins, valid 31 October to 2 November 2026.
The page contradicts itself on whether cashback is based on same-day or previous-day deposits. We found no public no-deposit offer.
Restrictive points: abuse rule, fees and an unclear licence
The abuse rule treats bonus funds above 70% of deposits (5 to 9 deposits) or 50% (10 or more) as abuse. Postponing rounds to avoid wagering, using the bonus only to advance stages, and multiple accounts also count. The penalty can be confiscation of winnings. Progressive jackpot slots and Amusnet slots are excluded while a bonus is active.
Withdrawal limits depend on total deposits: up to €1,000 deposited allows €1,000 a day and €10,000 a month, while above €10,000 the limits are €3,000 and €30,000. The minimum withdrawal is €30. Processing costs may apply if bets since the last deposit are under 3x that deposit, and bank transfers can carry up to €16 of charges. A dormant account costs USD 10 a month after 180 days without login.
On the licence, sources disagree. CasinoGuru names Bets Entertainment N.V. and an Anjouan licence. AskGamblers names TESSERA LIMITED SRL and the Anjouan Gaming Board. Older records say Curacao, and the casino's homepage claims Curacao while its terms name no operator. We treat the licence as unverified.
Safety index 3.3 and what players report
CasinoGuru gives a safety index of 3.3, Very low, where an earlier record said 8.5. It records 31 complaints: 1 open, 1 unresolved, 8 resolved and 21 rejected. AskGamblers shows a player rating of 7.5 from 132 reviews, and Trustpilot 2.4 of 5 from 161 reviews.
The complaint themes are verification and payouts: €4,000 rejected in March 2024, €1,100 resolved in October 2025, USD 6,091 confiscated in March 2026 for abuse and low-risk strategies, and an account closed for alleged fraud in April 2026.
Who should take the Loki package
The package fits a player who deposits €20 to €100, accepts 400 to 2,000 bets at €2, and understands that the realistic ceiling is 5 times the deposit. The cashback offers at 3x are lighter than the 40x deposit bonuses.
It does not fit anyone who wants a verified licence, who plays mostly table games or live casino at 5% contribution, or who hopes to use the €30,000 cap. German players should note that no local licence was found.
Myths vs facts
- Myth: 100% up to €30,000 means a large bonus for everyone.
- Fact: The bonus equals your deposit, and winnings are capped at 5 times the deposit, so a €20 deposit can yield at most €100.
- Myth: The 100 free spins arrive immediately.
- Fact: They are credited 20 a day from day 2, so five days.
- Myth: A rating of 7.5 on AskGamblers settles the safety question.
- Fact: CasinoGuru shows a safety index of 3.3 and 31 complaints, 21 rejected, and the licence is reported differently by different sources.
Before you claim
- Check the licence and operator named in the live terms before you deposit.
- Use the code for the right step: LOKIFTD, LOKI75 or 5LOKI.
- Work out your target first: €20 deposit, €20 bonus, 40x, €800 of bets.
- Keep every bet at or under €2 while the bonus is active.
- Finish verification early, since most complaints involve it.