Bonus Value Calculator
A bonus value calculator determines the true expected value of a sportsbook or casino bonus after accounting for wagering requirements. Many bonuses look generous but lose most of their value to wagering requirements. This calculator shows the real dollar value of any deposit match, free play, or risk-free bet offer.
How to Use This Calculator
- Enter the bonus amount and bonus type (deposit match, free play, etc.)
- Enter the wagering requirement multiplier (e.g., 10x, 25x)
- Enter the expected house edge of the games you'll play
- View the true expected value and effective bonus percentage
When to Use This
- •Evaluating whether a casino deposit match bonus is worth claiming
- •Comparing bonus offers across different sportsbooks
- •Calculating the EV cost of meeting wagering requirements
Bonus Value Calculator
Calculate the true expected value of any bonus based on wagering requirements.
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For informational and educational purposes only. Not financial or gambling advice. All calculations assume odds remain constant and bets execute as entered. Actual results may vary. Gambling involves risk of loss.
Frequently Asked Questions
How do wagering requirements affect bonus value?
Wagering requirements force you to bet the bonus amount multiple times before withdrawing. Each time you wager, the house edge chips away at the bonus value. A $100 bonus with 25x wagering at a 2% house edge costs $50 in expected losses, leaving only $50 in real value.
What is a good wagering requirement?
Lower is better. Sportsbook bonuses with 1x-5x wagering are excellent. Casino bonuses under 20x are good. Anything over 40x wagering significantly reduces the bonus value. Always calculate the effective value before claiming.
Related Glossary Terms
Bonus (Welcome Bonus)
A promotional offer from a sportsbook or casino that gives you extra funds or free bets.
Free Bet
A promotional bet from a sportsbook where you risk nothing but keep the profit if you win.
Bankroll Management
The practice of managing your gambling funds to minimize the risk of going broke.
Expected Value (EV)
The average amount you can expect to win or lose per bet over time.
Responsible Gambling
Gambling within your means, with awareness of risks and self-imposed limits.