How to Calculate a Bonus Value

Casino bonuses appeal to players because they get to extend their gameplay without extra cost. While a lot of these offers are promoted as high-value, the odds of winning are often misunderstood.

You should always have a full understanding of a casino bonus’s terms and conditions to understand its real worth. Throughout this page, we’re going to break down how to calculate a bonus’s value so you can choose ones with the best potential.

The Basic Bonus Value Formula

Nearly every casino bonus will have wagering requirements. This is how many times you need to wager the bonus and its winnings before you can cash out.

You can multiply the bonus amount by the wagering requirements to determine how efficient it is. For example, if you receive a €100 bonus with 45x rollover requirements, you will need to wager a total of €4,500 before you can keep the winnings.

This is why it’s highly recommended to look for promotions with low wagering requirements. The average is 40x, but your potential to win is a lot higher with requirements that are lower than this number.

Why Wagering Requirements Matter Most

The wagering requirements have the biggest impact on how valuable the bonus really is. Always pay close attention to what is detailed in the bonus T&Cs for a full understanding.

Here is a look at why it’s so important: Some wagering requirements only refer to the bonus, ei- 30x the bonus value, deposit kept separate. Other T&Cs state that you must wager 30x the bonus and the deposit. The latter is more challenging to win with.

If you’re a newcomer, it may seem tricky to navigate through the wide variety of casino bonus offers. One thing you can do is checking out the online casino bonus list featured on kasynoonline.io. This list is sorted by wagering terms to make it easier to find offers with the best value.

Other Factors That Affect Bonus Value

When you look through the range of welcome bonuses available, you’ll see that casinos offer thousands of dollars in rewards. As tempting as these bonuses seem, it’s important to understand all of the requirements to determine if they really are that valuable.

There are a few other areas covered in a bonus T&Cs that should be reviewed and understood to pick the best one.

Minimum deposit: How much money you need to deposit to redeem the promo.
Game contribution: This refers to the percentage of your wager from the bonus winnings that counts towards the rollover requirements. For example, most slots have 100% contribution rates, so every dollar wagered counts towards the requirements. However, table games and live games typically have a lower contribution, so it takes longer to play through if you choose these games.
Time limits: Every bonus has a “use by” date. If you don’t play through the bonus and the wagering requirements within this time period, you will forfeit the entire reward and its winnings.
Max bet: There will be a limit on how much you can wager per spin/turn using bonus funds.
Withdrawal caps: Winning limits refer to how much money you can win using a bonus. If you win more than the cap, you will get to withdraw the limit, and the casino will keep the remainder. For example, if you win $400 with a $300 limit, you can cash out $300, and the casino keeps $100.

Real-World Comparison

One common misconception with casino bonuses is that bigger is better. It’s natural to think that a welcome bonus that offers thousands in bonus cash and hundreds of free spins is top-tier. But that’s not always the case. Let’s look at two examples to give you better insight.

MondCasino offers a welcome package valued at 250% up to €800. This promotion has 35x wagering requirements. If you were to accept the full €800 in bonus cash, you would have to wager a total of €28,000 before keeping the funds. That makes it very challenging to win.

The welcome package at buzzbingo.com is a lot smaller, but packed with a lot more potential. This platform offers a €40 bingo ticket and 200 free spins to new players who wager €10 on bingo. The free bingo ticket has very low 4x wagering requirements and the free spins only have 20x requirements.

While €40 may not initially seem as appealing as €800, the smaller offer sets you off with a better chance at winning real money.

Smart Bonus Strategy for Players

Before wrapping up, we wanted to share some of our top tips for using bonuses strategically. While there is no guarantee of winning, these moves set you up with a better chance.

There’s more to a bonus offer’s value than the size of the offering
Always review the T&Cs before claiming a promotion
Pay attention to what games are eligible to play with
Focus on the wagering requirements for a better understanding of its value
While no-deposit bonuses have higher wagering requirements, they are worth it because they are 100% free
Only accept bonuses from licensed online casinos
Review player feedback for honest insight on what promotions are really like