Casino Bonus Calculator — Calculate Real Bonus Value | JokerFlush
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Casino Bonus Calculator

Not all bonuses are created equal. Enter the details of any casino bonus to calculate the real expected value after wagering requirements — and find out if it's actually worth claiming.

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♠ Bonus Details

100% for slots, typically 10% for blackjack/table games

♦ Results

Bonus Amount $100
Total Bankroll $200
Total Wagering Required $4,000
Effective Wagering $4,000
Expected Loss During Wagering $160
Expected Value of Bonus -$60

How it works: Expected loss = Total Effective Wagering x (1 - RTP). Expected Value = Bonus Amount - Expected Loss. A positive EV means the bonus is statistically worth claiming.

Looking for better bonus terms? Check out our best casino bonuses or see which casinos offer the lowest wagering requirements.

How to Read Your Results

♠ What Are Wagering Requirements?

Wagering requirements tell you how many times you must bet the bonus (or deposit + bonus) before you can withdraw any winnings. A $100 bonus with 40x wagering means you need to place $4,000 in total bets. The higher the multiplier, the harder it is to profit from the bonus.

♥ Why Game Contribution Matters

Not every game counts equally toward clearing your wagering. Slots typically contribute 100%, but blackjack might only contribute 10%. If you play a game with 10% contribution, your effective wagering requirement is 10x higher — turning a 40x requirement into 400x in practice.

♦ What Expected Value Means

Expected Value (EV) is a mathematical concept that estimates the average outcome over many repetitions. A positive EV bonus means you are statistically likely to profit after clearing wagering. A negative EV bonus means you will lose money on average — though variance means you can still get lucky on any given attempt.

♣ Tips for Finding +EV Bonuses

Look for low wagering multipliers (under 25x), bonuses that apply only to the bonus amount (not deposit + bonus), and play high-RTP games with full contribution. Crypto casinos like Cloudbet and Stake often offer the best terms.