CASINO BONUS CALCULATOR - wagering calculator

Each bonus comes with a wagering requirement. That is a number usually between 30 and 50 but can also go all the way to 0 or 60.

It tells you how many times you must wager the bonus amount (or deposit amount or both) before you’re eligible to withdraw any winnings.

For example, a 30x wagering requirement on a 100 % bonus where you deposit 100 USD means you must wager the bonus amount 30 times. In other words, you must wager 30× 100 = 3000 USD. That means you must make 3000 USD worth of bets.

If you don’t meet the wagering requirement, the bonus money will be forfeited and lost.

You can find an example of wagering for each bonus type in the Bitcoin casino bonus guide.

Yes, it can make a lot of difference.

Most wagering conditions apply only to bonus money.

This is best understood through an example: let’s have a 150 % up to $100 bonus and a 50 % up to $100 bonus, you deposit $50 in both cases and they both have a wagering of 30x.

The first bonus gets you 1.5× $50 = $75 of bonus money and the second one 0.5× $50 = $25.

1. Wagering is on bonus: the amount you must wager for the first bonus is 30× $75 = $2250 and for the second 30× $25 = $750
2. Wagering is on deposit: the amount you must wager is equal for both bonuses, 30× $50 = $1500
3. Wagering is on bonus and deposit: the amount you must wager for the first bonus is $2250 from bonus money and $1500 from deposit, $3750 total. The amount you must wager for the second bonus is $750 from bonus money and $1500 from deposit, $2250 total.

So for the same bonus your amount to wager can vary greatly depending on what the wagering is on.

And the amount you must wager directly effects how much money you will have left at the end.

You can read more about what the wagering applies to in the bonus guide section about what wagering is on.

Which game you choose greatly impacts your odds when wagering.

Most games have an RTP (return to player) between 95 % and 99 %. This number is an indication how much money you bet is returned back to you in form of wins.

So an RTP of 98 % will return 98 cents of every Dollar you bet.

Be careful! This is an average, so if a huge amount of players played, their wins would average out to 98 % of what they put in.

When you have to wager a few thousand Dollars, the RTP will have a big impact. Let’s say you must wager $2000.

• An RTP of 95 % will return 0.95× $2000 = $1900, resulting in $100 lost
• An RTP of 97 % will return 0.97× $2000 = $1940, resulting in $60 lost
• An RTP of 99 % will return 0.99× $2000 = $1980, resulting in only $20 lost

This applies of course if you don’t hit a big win during the wagering. But that’s the magic of gambling!

The easiest and most reliable source is the game providers themselves. I covered and showed this in my How to Find RTP and Use It In Your Favor article.

Not all games contribute equally to your wagering requirement. Most slots contribute 100% (with the exception of some progressive or jackpot slots), while most live and table games only contribute 10 or 20 % or don’t contribute at all.

So if you plan to wager your bonus with slots or by playing a table game, the process will be widely different.

If you play a slot which contributes 100 % and must wager $2000 then you wager the $2000 and that’s it.

But if you play a poker game for example and it contributes 10 % then you must wager $2000/0.1 = $20000. A times 10 difference!

A wrote some more about this in my bitcoin bonus guide – wagering contribution of games section.

How much games contribute to your wagering is written either in the bonus’ terms and conditions or in general bonus terms on the casino website that issues the bonus.

Sadly that’s the only place where you can find the info. However if you plan on playing a ‘regular’ slot (so not a progressive one or a jackpot one or with some super-extra features), you should be safe to assume it contributes 100 %.

For example:

Any game you play in a casino is subject to randomness determining the outcome of your bet.

While nothing tangible can be predicted for a single bet, you can predict a cumulative outcome of a lot of bets.

Due to legal requirements game developers are required to produce a game with an RTP in a given range. And the RTP determines how much money on average will be returned to players in form of wins.

The key term there is ‘on average’. Due to randomness of each bet outcome there’s no guarantee that you will actually get 98 cents back for every Dollar if the RTP is 98 %. You can get back $1 or $0 or $500. But if you were to make thousands of bets and then average out their outcome, it would come close to 98 cents for a Dollar.

For that reason the calculator is unable to determine any result with certainty. It can only use the information that is known and the randomness of each bet can’t be taken into account until the bet is placed and the result is generated.

Wins are calculated using this formula:

deposit + match_bonus + free_spins_bonus – (amount_to_wager × wagering_requirement × (1 – RTP/100) / game_contribution)

Where the second part in the brackets are losses. If calculated losses are lower than the initial money you have to play, the wins come out negative.

Of course, that isn’t possible in reality. What that means is that you would lose all your playing money and there would still be wagering requirements left to fulfil.

‘The best bonus’ is a very relative term as it depends on what you are used to and what you are looking for.

I recommend looking at How to choose the best bonus in the Bitcoin bonus guide to get an idea what to look for.

This is how the no deposit bonus results are calculated:

1. ALL PLAYING MONEY
free_spins_amount × free_spins_value × free_spins_game_RTP/100

Where the free_spins_value is set to o.2 USD. This value varies from casino to casino and from bonus to bonus, but on average it’s between 0.1 and 0.3 USD. Since it’s very hard to get this value from a casino (it’s very rarely publicly written and it’s a pain to extract it from the casino’s support), it’s estimated to 0.2 USD.

2. AMOUNT TO WAGER
all_playing_money × free_spins_wagering

3. AFTER WAGERING
all_playing_money – (amount_to_wager × (1 – RTP/100)/contribution)
– WINS: all_playing_money – (amount_to_wager × (1 – RTP/100)/contribution)
– LOSSES: amount_to_wager × (1 – RTP/100)/contribution

This is how the match (deposit) bonus results are calculated:

1. ALL PLAYING MONEY
deposit + bonus + (free_spins_amount × free_spins_value × free_spins_game_RTP/100)

Where the free_spins_value is set to o.2 USD. This value varies from casino to casino and from bonus to bonus, but on average it’s between 0.1 and 0.3 USD. Since it’s very hard to get this value from a casino (it’s very rarely publicly written and it’s a pain to extract it from the casino’s support), it’s estimated to 0.2 USD.

2. AMOUNT TO WAGER
all_playing_money × wagering

Where different wagering is applied to the deposit, bonus and free spins bonus, if applicable.

3. AFTER WAGERING
all_playing_money – (amount_to_wager × (1 – RTP/100)/contribution)
– WINS: bonus + (free_spins_amount × free_spins_value × free_spins_game_RTP/100) – (amount_to_wager × (1 – RTP/100)/contribution)
– LOSSES: amount_to_wager × (1 – RTP/100)/contribution

This is how the faucet bonus results are calculated:

1. ALL PLAYING MONEY
bonus

2. AMOUNT TO WAGER
0 USD

Faucets don’t have a wagering requirement and therefore don’t have to be wagered.

3. AFTER WAGERING
bonus × RTP/100
– WINS: 0 USD
– LOSSES: bonus × (1 – RTP/100)