EV Calculator for Bonuses — Expected Value Tool
Calculate the true value of casino bonuses after wagering requirements. Find +EV offers that actually make you money.
Bonus Expected Value Calculator
📘 How to Use the Bonus EV Calculator
Bonus amount, deposit required, wagering requirement, and whether wagering applies to bonus only or deposit+bonus.
RTP (Return to Player) of the game you'll play, and its contribution percentage (usually 100% for slots).
The calculator shows the expected value in dollars and as a percentage of your total risk (deposit).
Positive EV means the bonus is profitable on average. Negative EV means you'll likely lose money.
🎯 Understanding Bonus Expected Value
- Expected Value (EV): The average profit you can expect from a bonus after accounting for wagering requirements and house edge.
- Positive EV (+EV): The bonus is mathematically profitable. You should claim it (if terms allow).
- Negative EV (-EV): The bonus will cost you money on average. Avoid unless you value entertainment over profit.
- Key factors: Low wagering requirements, high RTP games, and high game contribution increase EV.
🎁 Strategies for Maximizing Bonus Value
Play High RTP Slots
Focus on Low Wagering Bonuses
Read Bonus Terms
Use Our Bonus Calculator
❓ Frequently Asked Questions
What is expected value (EV) of a casino bonus?
EV is the average profit you can expect from a bonus after accounting for wagering requirements and house edge. Positive EV means the bonus is profitable in the long run.
How do I calculate bonus EV?
EV = Bonus amount – (Wagering requirement × House edge × Game contribution). For deposit bonuses, subtract the deposit as well. Our calculator does this automatically.
What game should I play to clear wagering requirements?
Slots with high RTP (low house edge) are best. Use our slot RTP checker to find games with RTP above 97%.
What is a good EV for a bonus?
A positive EV is always good. Anything above $10–$20 is considered a strong bonus. However, always check terms like max cashout and eligible games.
Is this bonus EV calculator free?
Yes, our bonus EV calculator is completely free. No sign-up required.
How do I use the bonus EV calculator?
Enter bonus amount, deposit required, wagering requirement (multiple of bonus or deposit+bonus), game RTP, and game contribution. The tool will show expected value and profit percentage.
🛠️ Related Tools
All Bonus Tools →🧠 The Playbook Experts
Meet the team →
David Thompson
Bonus Hunter · 10 yrs affiliate
$2.3M tracked bonuses
Michael Johnson
Lead Reviewer · 12 yrs casino ops
Ex-Shift Manager, Borgata AC
1,450+ hours
real‑money testing
60‑point checklist
licenses, support, payouts
Daily updates
data refreshed March 26, 2026
No paid placements
100% independent