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Casino Bonus Calculator

Casino offering “$500 bonus” but with 30x wagering? Find out what it's ACTUALLY worth after the math. Plug in any deposit-match, no-deposit, or free-spins bonus.

Inputs

Real Expected Value
$-20.00

⚠️ TRAP. The wagering math wipes out the bonus value.

Math Breakdown

Bonus amount$100.00
Total wagering needed$3000.00
Expected loss to house (4.0%)-$120.00

Net expected cashout$-20.00

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FAQ

How do casino wagering requirements work?

Wagering requirement (or 'playthrough') is the number of times you must bet the bonus amount before bonus becomes withdrawable cash. A $100 bonus with 30x wagering = you must bet $3,000 total. Most lose money along the way.

What's a 'positive EV' casino bonus?

A bonus where expected value is positive AFTER accounting for wagering loss. Example: $50 no-deposit bonus with 1x wagering on 96% RTP slots = +$48 expected. Compare to $500 deposit match with 50x wagering = often negative.

Are no-deposit bonuses ever good?

Usually yes IF wagering is low (1x-10x). The casino is giving you free money in hopes you keep playing. Cash out the minute you can.

Why is the deposit-match bonus often a trap?

High match (200%+) usually comes with high wagering (30x-70x). $100 deposit + $200 bonus at 50x = $15,000 total wagering. At 96% RTP = expected -$600 loss. The bonus 'looks' like $200 but costs you $400.

What's the best low-wagering sweeps casino in 2026?

Most US sweeps casinos (SpinQuest, Stake.us, Chumba, Pulsz, McLuck) use 1x wagering on Sweeps Coins. That's why sweeps is generally better EV than offshore real-money casinos.