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350% up to €16,000 + 350 free spins

Across four deposits, each of at least €20.

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Lizaro Welcome Bonus in the UK: Taking It or Playing Without It

The welcome package at Lizaro is 350% up to €16,000 (about £13,562) plus 350 free spins, paid over four deposits. Deposit plus bonus must be wagered 20 times, free-spin winnings carry x40, each casino bonus has 10 days, no bet may exceed €100 (about £84.76) while a bonus is active, and at most 10 times the bonus can be released. Whether it is worth taking comes down to one comparison: the same deposit with the bonus and without it.

With the bonus or without it: the same deposit compared

Plain play carries no bonus target. Its minimum rollover is x1 on the deposit, so a €50 deposit has to be staked once before it can leave. With the bonus, the balance doubles and the target becomes 40 times the deposit.

DepositWith the bonus: balance and targetMost that can be releasedWithout it: balance and rollover
€50 (£42.38)€100 (£84.76), target €2,000 (£1,695)€500 (£423.82)€50 (£42.38), rollover €50
€200 (£169.53)€400 (£339.05), target €8,000 (£6,781)€2,000 (£1,695)€200 (£169.53), rollover €200
€330 (£279.72)€660 (£559.44), target €13,200 (£11,189)€3,300 (£2,797)€330 (£279.72), rollover €330

All three deposits are stage-one deposits matched at 100%. The ceiling on release is 10 times the initial bonus, so €50 of bonus can release at most €500.
The extra balance is paid for in turnover. Over 10 days, a €50 deposit needs about €200 (£169.53) of stakes a day; €200 needs €800 (£678.10); €330 needs €1,320 (£1,118.87). Each is twice the opening balance per day, whatever the size of the deposit.
A deposit made with Neteller or Skrill does not qualify for the package, so it is plain play from the start.
A smaller first deposit shrinks every figure in proportion. At the €20 minimum (about £16.95), the bonus is €20, the balance €40 (about £33.91) and the target €800 (about £678.10), which is €80 (about £67.81) of stakes a day for 10 days, with a release ceiling of €200 (about £169.53).

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Why stage three is the expensive one

The four stages differ in match percentage, and the percentage changes the cost of each bonus euro.

StageMatch€200 deposit gives
1100% up to €2,500€200 bonus
2100% up to €3,500€200 bonus
350% up to €6,000€100 bonus
4100% up to €4,000€200 bonus
StageTarget at x20Turnover per bonus euro
1€8,000 (£6,781)€40
2€8,000 (£6,781)€40
3€6,000 (£5,086)€60
4€8,000 (£6,781)€40

On stage three a €200 deposit produces a smaller bonus but still needs €6,000 of turnover, so each bonus euro costs €60 of stakes against €40 on the other three. Anyone comparing stages on a budget should look at turnover per bonus euro rather than the free spins alone: stage three brings 50 spins, stage four 150.

All four stages at €330 each

Four deposits of €330 would earn bonuses of €330, €330, €165 (at 50%) and €330, a total of €1,155 (about £979), plus the 350 free spins. The wagering targets are €13,200, €13,200, €9,900 and €13,200, together €49,500 (about £41,958). Each bonus has its own 10 days, so the four targets are four separate runs, not one long one.
The maximum bet stays at €100 throughout. At €2 a spin the €13,200 target of a single stage is 6,600 spins.

Free spins: x40, and a cap on what they can pay

Winnings from the free spins carry x40 wagering. The cash-out is capped by the number of spins: €50 (about £42.38) for up to 50 free spins and €100 (about £84.76) for more than 50, with anything above voided. Stage one (100 spins) and stage four (150 spins) are capped at €100 each, and stages two and three (50 spins each) at €50 each.
Take stage one with €60 (about £50.86) won on the spins. That is inside the €100 cap, and the x40 target on it is €2,400 (about £2,034). The free spins are an extra with its own small ceiling, separate from the 10x release ceiling on the match bonus.

What counts and what is out

Slots, scratch cards and keno count at 100% towards wagering, live games at 10% and table and card games at 0%. A bonus balance used on a table game does not move the target, and a €10 live bet moves it by €1. Switching the package on happens under My Bonus in the profile.

FAQ: Lizaro bonus questions for UK players

What if I deposit €25 instead of a round figure?

A stage-one deposit of €25 (about £21.19) earns a €25 bonus, a €50 balance (about £42.38) and a target of €1,000 (about £847.63).

How much could the 10x ceiling release at the top of stage four?

A €4,000 bonus (about £3,391) can release up to €40,000 (about £33,905).

How many spins is a €2,000 target at €2 a spin?

1,000 spins. The €8,000 target for a €200 deposit comes to 4,000 spins, or 400 a day over 10 days.

What does a €100 deposit carry on stage three?

A €50 bonus (about £42.38) and a €150 balance (about £127.14). The target is €3,000 (about £2,543), which works out at €60 of stakes per bonus euro on stage three.

What does a €500 deposit carry on stage one?

A €500 bonus (about £423.82), a target of €20,000 (about £16,953) and a release ceiling of €5,000 (about £4,238).

How much live play would the €800 target of a €20 deposit take?

€8,000 (about £6,781) of live stakes, because live games count at 10%.

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