Casino Bonus Calculator

Calculate the real value of any casino bonus including wagering requirements

Quick Presets

Bonus Details

Game Settings

96%
Calculation Results
Total Bonus + Deposit $200
Total Wagering Required $3,000
Effective Wagering (with contribution) $3,000
Expected Loss from Wagering -$120
House Edge Applied 4%
Expected Bonus Value
-$20
This bonus has negative expected value

Understanding the Calculation

The expected value (EV) of a bonus is calculated using:

EV = Bonus Amount - (Total Wagering × House Edge)

Key Factors:

  • Wagering Requirement: How many times you must bet before withdrawing
  • RTP (Return to Player): The theoretical percentage the game returns to players
  • House Edge: 100% - RTP = the casino's mathematical advantage
  • Game Contribution: How much each bet counts toward wagering

Tips for Better Bonus Value:

  • Look for bonuses with wagering under 30x
  • Play high-RTP slots (96%+) to minimize losses
  • Check game contributions before playing
  • Bonuses with no max withdrawal are more valuable

Best Low-Wagering Bonuses

These bonuses have favorable terms for positive expected value:

No Deposit

Wolfy Casino

up to $1000 No Wager at Wolfy Casino

Wagering: 0x

Min Deposit: No Deposit Required

99/100
Updated Mar 26
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No Deposit

Merlin casino

Wager Free 50 Free Spins On Thunderhawk

Wagering: 0x

Min Deposit: No Deposit Required

Free Spins: 50

95/100
Updated Apr 1
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No Deposit

Eternal Slots

FREE SPINS BONUS Eternal Slots Forever 224 Free Spins Daily No Dep GET BONUS

Wagering: 0x

Min Deposit: No Deposit Required

Free Spins: 224

97/100
Updated Apr 1
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Welcome Bonus

DraftKings

1,500 bonus spins after a $5 wager

Wagering: None; you can withdraw any winnings

Time Limit: 30 days

52/100
Updated Apr 23
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