Casino Bonus Value Calculator
Turn a deposit bonus offer into a real expected-value number, not just a headline percentage.
Bonus amount
200.00
Total wagering required
6000.00
Expected loss
240.00
Real bonus value (EV)
-40.00
Suggested bankroll
375.00
Risk level
High
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FAQs
What's the difference between this and the Bonus Wagering Calculator?
This tool works from the bonus offer itself (deposit, match percentage, cap) to first figure out the actual bonus amount, then applies the same wagering/RTP math. Use the wagering calculator if you already know the exact bonus amount.
How is "risk level" decided?
It compares expected loss to the bonus amount: under 20% of the bonus is labeled Low, 20-50% Medium, and over 50% High. It's a simple heuristic to help compare offers at a glance, not a precise risk measurement.
Can a bonus have positive expected value?
Yes — offers with a low wagering multiplier, high RTP eligible games, and no unusual restrictions can be +EV overall. That said, expected value is an average over many repetitions; any single session still has real variance in both directions.