First Deposit Bonus

  • 7.8Fair

    200% UP TO €1000

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    How to claim this bonus

    • Visit LyraCasino using our provided link.
    • Sign up for an account.
    • Complete the identity verification process as required.
    • Make a deposit of at least €20
    • The bonus will be applied to your account.

    Bonus Verdict

    LyraCasino’s 200% welcome offer on first deposits up to €1000 attracts new players with large bonus monies that boost starting bankrolls. However, the bonus’s strict terms require careful analysis. The 30x wagering requirement within a limited 3-day timeframe is difficult, especially since only slot bets count toward it.Potential earnings are limited by the €2,000 bonus wins withdrawal limit.

  • Bonus Email

    Only by email

    9.2 Alpha Rating

    Get 100 Free Spins No Deposit

    This offer can only be claimed by subscribing..

    We keep your email private. It's only used to send promotions. Subscribing means you agree to receive them.

Cashback

  • 7.8Fair

    DAILY 10% CASHBACK

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    How to claim this bonus

    • Visit LyraCasino using our provided link.
    • Sign up for an account.
    • Complete the identity verification process as required.
    • Make a deposit of at least €20
    • The bonus will be applied to your account.

    Bonus Verdict

    LyraCasino’s 200% welcome offer on first deposits up to €1000 attracts new players with large bonus monies that boost starting bankrolls. However, the bonus’s strict terms require careful analysis. The 30x wagering requirement within a limited 3-day timeframe is difficult, especially since only slot bets count toward it.Potential earnings are limited by the €2,000 bonus wins withdrawal limit.

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    Important terms about this bonus

    • Claim this bonus by applying the code EXT200.

    Offer Verdict

    You receive a great match-up bonus up to €1,000 when you deposit at least €10, plus 50 free spins. The low 20x wagering requirement makes turning the bonus into real cash easier, and there’s no limit on how much you can withdraw. If you want to maximize your deposit with good terms, this offer is definitely worth considering.

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    Important Terms

    • Register and complete the KYC process
    • Select the bonus from the “Promotions” page
    • Go to the cashier and start your first qualifying deposit
    • Enjoy the perks received!

    Promotion Verdict

    This Cobra Casino bonus is highly recommended by our testing team. The first deposit offer is extremely attractive, matching your deposit 100% up to $/€1000 and giving you 250 free spins. The minimum deposit requirement of $/€20 is reasonable, and the 40x wagering on both the deposit and bonus is fairly standard in the industry. The standout feature is the lack of a maximum cashout limit, allowing you to fully capitalize on your winnings. Additionally, Cobra Casino boasts a diverse selection of over 1000+ live games and 2300 slots, providing a comprehensive and engaging gaming experience for all types of players.

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LyraCasino Casino Bonus Codes Quick Facts

Min deposit$/€20
First Deposit200% Up To €1000
No depositNo
Reload bonusesNo
Payment methods
Currencies

Wagering contribution

Game categoryGame contribution
Video Poker, Table games, Craps, Blackjack, Baccarat, Roulette, Jackpots, Live casino, Scratchcards, Keno, Sic Bo, Poker, Wheel of Fortune0 %
Slots, Bingo, Classic Slots, Arcade , 5-Reel Slots100 %
Read LyraCasino full review

LyraCasino Bonuses Explained: What You Need to Know

LyraCasino offers a range of bonuses designed to attract new players and reward loyal ones. This guide will break down each type of bonus, so you understand its value and know how to make the most of it.

While LyraCasino offers can add extra funds and boost your gameplay, it’s crucial to understand their terms, especially the wagering requirements (30x for the welcome bonus), game restrictions (only slots contribute toward completing the rollover rules), and withdrawal limits (€2000 max cashout for the welcome bonus).

Bonus Types You Can Get at LyraCasino

Type of Bonus Bonus Definition LyraCasino Bonus and How It Works Alternatives to LyraCasino Bonuses
Welcome Bonus A one-time bonus for new players that matches a percentage of their first deposit. 200% up to €1000: If you deposit the maximum of €500, LyraCasino adds €1000, giving you €1500 to play with.

Wagering Requirement: 30x on both deposit and bonus amount, meaning you’ll need to wager (€500 + €1,000) x 30 = €45000.

Minimum Deposit: €20.

Max Cashout: €2000.

Eligible for slot games only.

200% matching bonuses give you a great head start, which is why they’re so popular. However, casinos also offer matching bonuses of 300% or even 400% – these are very rare and difficult to find, which is why we have taken the time to find and explain them to you.
Cashback Bonus A percentage of your losses returned to your account, usually as a bonus or real cash. Daily 10% Cashback: Get 10% back on daily losses.

For example, if you lose €200 in a day, you’ll receive €20 back.

There’s no wagering requirement, making it flexible for players looking for a second chance on their deposits.

Minimum Deposit: €20.

While cashback bonus gives you a percentage of your losses back over time, a free spins no deposit bonus offers spins without any deposit, which might be more suitable for players with a tight budget.
Tournament Bonus Competitive events where players earn rewards by playing specific games and meeting certain criteria. Yeet&Sweet Tournament: Annual event with 10 stages, each with a €100000 prize pool.

Qualify by playing eligible games (e.g., Golden Furong, Dragon King Megaways) with minimum €0.20 bets.

Points are earned based on accumulated multipliers over 30 spins.

Each stage has unique games and themes, running from February 2024 to January 2025.

A no deposit bonus gives you an amount of free funds for signing up, allowing you to try games without any financial commitment, while a tournament bonus involves competing with other players in eligible games to rank on a leaderboard and win prizes. Both bonuses give you extra value, but no deposit bonuses offer risk-free play, while tournaments reward players based on performance and participation over a set period.

LyraCasino Bonus Terms & Conditions Made Simple: What to Watch For

Wagering Requirement

  • Definition: The total amount you must bet before you can withdraw bonus winnings.
  • Example: The welcome bonus has a 30x wagering requirement on both deposit and bonus. If you deposit €500 and get a €1000 bonus, you need to wager €45000 before withdrawal. A 30x wagering requirement is quite standard in the industry; however, we know that it still might feel too high for new players, who will be more interested in no wagering bonuses.

Minimum Deposit

  • Definition: The smallest amount you can deposit to activate a bonus.
  • Example: For the welcome bonus (200% up to €1000), you need to deposit a minimum of €20 to qualify.

Game Restrictions

  • Definition: Only certain games count toward meeting the wagering requirements.
  • Example: For the welcome bonus (200% up to €1000), only slot games contribute to the 30x wagering requirement.

Bonus Expiration

  • Definition: The period within which you must complete the wagering requirements before the bonus and winnings expire.
  • Example: You have 3 days to complete the wagering for the 200% up to €1000 welcome bonus.

Max Cashout

  • Definition: The maximum amount you can withdraw from bonus winnings.
  • Example: The 200% up to €1000 LyraCasino welcome bonus has a maximum cashout limit of €2000.

Daily Cashback Limit

  • Definition: The maximum percentage or amount refunded daily based on losses.
  • Example: With LyraCasino’s 10% daily cashback, if you lose €200, you get €20 back without wagering requirements.

Deposit Method Restrictions

  • Definition: Not all deposit methods qualify for bonuses or withdrawals.
  • Example: Ensure your deposit method is eligible if you want to claim the welcome bonus. For instance, e-wallets like Skrill and Neteller are not eligible for LyraCasino bonuses.

Inactive Account Fee

  • Definition: A fee deducted monthly from accounts with no activity for a certain period.
  • Example: If your account remains inactive for 12 months, a €10 monthly fee applies.

Bonus Removal for Inactivity

  • Definition: Bonuses can be removed if not used within a certain period.
  • Example: LyraCasino removes unused bonuses after 7 days, so plan accordingly.

Choosing the Right Payment Method for LyraCasino Bonuses

Not all payment methods qualify for bonuses. Here’s a list of LyraCasino’s deposit options that allow you to claim promotions, their limits, and how each one works:

  • Instant Bank Transfer: Deposit between €20 and €2500 directly from your bank account with no fees, and funds are available immediately. This method connects to your online banking, though availability depends on your bank.
  • Rapid Transfer: Deposit instantly from your bank with no fees, available between €20 and €1,000 for banks that support this method. Managed by Skrill, Rapid Transfer is quick but has a lower max deposit limit.
  • Paysafecard: Deposit €20-€1000 using a prepaid Paysafecard voucher for secure, fee-free transactions that don’t require a bank or card link. Simply enter the voucher code to fund your casino account.
  • Visa/MasterCard: Deposit between €20 and €2500 instantly with no fees by entering your debit or credit card details directly. Some banks may restrict gambling transactions, so check with your card provider if needed.
  • EcoPayz: Deposit €20-€2500 instantly and securely with EcoPayz, a fee-free e-wallet accepted by many casinos. This requires an EcoPayz account, which offers privacy and fast transactions.
  • Crypto Go: Deposit €20-€2500 instantly with no fees using cryptocurrency like Bitcoin or Ethereum. Crypto Go offers added privacy but requires a crypto wallet and some knowledge of digital currencies.
PaymentMin depositMax withdrawal
Visa€20N/A
MasterCard€20N/A
Neteller€20€1000
MiFinity€20€1000
Bank Transfer€20€2500
CASHlib€20N/A
CashtoCode€20N/A
Skrill€20€1000
Instant Bank Transfer€20N/A
Jeton Wallet€20€1000

LyraCasino Review

In our detailed analysis LyraCasino showcases both strengths and weaknesses. The game selection is diverse, encompassing various genres, though there's room for improvement in quality and innovation. While the casino maintains a standard level of security features, our analysis identified several areas requiring enhancements for maximum player security. The help offered by the live chat customer support is satisfactory but a more consistent rapidity in replies is desirable. Overall, LyraCasino, owned by DMG Solutions B.V., provides a middling experience, suitable for casual players who value variety but may not meet the expectations of more discerning players.

7.8/10Alpha RatingFair
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How We Review LyraCasino Bonuses - Our Methodology Explained

Our review of LyraCasino Bonuses conducted by CasinoAlpha’s expert reviewer includes regular testing and terms and conditions verification. Our expert verifies the wagering requirement, minimum and maximum bets, and ensures all codes are active and valid. Each bonus, whether welcome packages or no deposit bonuses, is tested for accuracy and compared to similar offers from other casinos, so you can claim the best available offers before they expire.

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Authors
Adela Mariuta
AuthorAdela MariutaAuthor & Editor at Casino alpha

Adela enjoys exploring the industry in-depth and gathering insights to provide useful guides and casino reviews meant to help players throughout their online gambling journey. When she’s not venturing into the gambling universe, she likes taking long drives and listening to old-school tunes.

Anca Iamandi
ReviewerAnca IamandiSenior Author & Editor at Casino alpha

Anca's analytic skills developed in Generative Linguistics allow her to bring you clear and concise gambling-related content. Her texts will help you understand casinos, bonuses, fees, and rules and forget about all the gambling myths that pull you down. She's a strong advocate of safe gambling.