- Casino Slot Ev Calculator Monthly
- Casino Slot Ev Calculator Estimate
- Casino Slot Ev Calculator Formula
- Casino Slot Ev Calculator Price
The Quick Crunch casino bonus calculator runs thousands of simulations on any casino bonus to calculate the expected value of any casino bonus. Enter the figures and we'll tell you the true value of the offer as well as the percentage chance of busting out.
Christmas Casino Bonuses 2020
- We hope this calculator is of some use to help you decide how and what casino bonus to take. Use our wagering requirements calculator wisely and you could just be enjoying some hassle free spinning. And don't forget to check out or recommended casino bonuses on at our favourite sites. Latest Mobile Casino Bonuses.
- While signing Casino Ev Calculator up at an offshore site at 18 in a state where the mandated age is 21+ isn't technically illegal, it's a bad idea. Additionally, never sign up at an offshore gambling site under the age of 18, as this will lead Casino Ev Calculator to your account being banned and your funds being forfeited.
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If you want to know why we've created it – read our little 'Don't fall for the bonus trap – use our free casino bonus calculator instead' article. The clue is in the title.
Wagering Calculator
Results
- Free Bonus Money:
- Total Play Money: Amount You Need to Bet:Amount You Need to Bet:
Results
- Amount You Need to Bet:Amount You Need to Bet:
Quickly find out if your deposit bonus or free money offers are worth taking when considering the casino wagering requirements you need to clear to get real money back.
Here's a quick example for our Videoslots Casino First Deposit Bonus:
Bonus = 100% up to £€$200 with 35x wagering on bonus money. If you deposit the minimum £€$10 you'll get 100% bonus which equals £€$10 in extra bonus money and you'll play with £€$20 in total.
You'll also have to make £€$350 in wagers to clear your the wagering on the £$10 bonus money. Try it for yourself and see, if you don't enter a game contribution it will default to 100%.
Get Videoslots Casino Bonus »
The Fields
Deposit AmountHow much you transfer from your credit/debit card to the casino. Put a whole number in this field (no pennies please!)
Free Money AmountHow much ‘free' money the casino is willing to give you before you make a deposit. Usually these range from £5 to £20 on average.
Percentage Deposit Bonus (%)How much of a percentage the casino is offering to increase your deposit by. So the offer usually looks like 50% up to £100. Type in ‘50' in this field, in this case.
Wagering RequirementsThe amount of times the casinos wants you to play the money before you can withdraw. These can either be on the bonus alone, the bonus and the amount you deposit or, on the case of free money, the bonus and how much you win using that bonus. Be especially careful of that last one – it's a killer offer, and we don't mean in a good way.
Some bonuses will not have wagering requirements. We don't look at these, as these will simply be ‘sticky' bonus – ie. you won't be able to withdraw them. If you have an AMAZING casino, they will let you keep any winnings but keep the bonus money, or, more likely put wagering requirements on your winnings only. If the second case, treat this as free money with wagering.
Estimated WinningsYou can never know for sure how much it will be. If you have £5 Free no deposit bonus, your chances of winning more than a hundred is pretty slim. Still, many casinos try and avoid allowing you to walk away without depositing, but putting wagering stipulations not just on free money, but winnings too. This is the worse kind of offer in our book and we've put this field in to prove our point. Go on. Put £5 in with winning of £100 at 30x (pretty low) wagering. Have a look at those odds and tell us whether you should take that offer or not.
Game Contribution Percentage (%)We've left this field optional for two reasons. One, not many people know how this works and two, we are a review slots site and slot games generally contribute 100% towards your wagering requirements.
So what is this? Basically casinos calculate the amount of skill different games would require in order to play through the game wagering requirements. Slots for examples, are, by and large, games of pure chance. You click spin and wait until you see if Lady luck is on your side. Blackjack and roulette (if played well) has enough strategy behind it that there is a risk the player could, with safe and/or skilled bets based on knowledge of the game, beat the house. It's not quite poker mind you, but it does require a little skill.
As such you'll usually find in the terms and conditions of the bonuses information like:
- Slot Games: 100% (contribution to bonus)
- Instant Win Games: 50% (contribution to bonus)
- Table Games: 10% (contribution to bonus)
What they are saying here is that if you bet £1 on slots. That £1 is worth £1 worth of bets towards your wagering obligation. If you play an Instant Win Game that £1 is worth 50%, so only 50p, towards fulfilling your wagering requirements. Table Games are only worth 10% of £1, so 10p, towards being able to get your money out.
We've added this field, because as much as we love playing slots and mobile slots especially, sometimes we like a little blackjack, video poker and baccarats too. So if you were thinking of spending that £5 free on blackjack… well good luck to you and let us give you the odds in our calculator. Ultimately, if you mix and match your games, good casino sites should be able to tell you how much of your wagering requirements you still have to fulfil before you have to take your money out.
The Results
Free Bonus MoneyThis is how much the casino is giving you to play on top of your deposit. We've left this here so of the percentage amount is random (134% or 27%) you can easily see the value of the offer.
Total Play MoneyThis is how much you'll have at the casino, in total, to play with. So it's basically the free bonus money and your deposit.
Amount You Need to BetThe whole point of this calculator. This is the amount of bets, in numerical form, you'll have to make in order to cash out your winnings and your bonus.
We hope this calculator is of some use to help you decide how and what casino bonus to take.
Use our wagering requirements calculator wisely and you could just be enjoying some hassle free spinning.
Have fun! And don't forget to check out or recommended casino bonuses on at our favourite sites.
Latest Mobile Casino Bonuses
Find The Best Slots For You
Use our Advanced Search to filter through Slots by up to 11 different criteria! Read the reviews and find the perfect slot sites to play.
Find Slots To Play For Real@LuckysSlotsBLOGThe Best Christmas Bonuses »Best Mobile Casinos
Read Review1RizkEV Maximiser is Mike Cruickshank's premier calculator for casino offers.
Mike is the brains behind Profit Maximiser and a range of other products too. He came up with this solution to meet the growing demand for an accurate casino EV calculator.
We have two questions for you:
Did you know that you could work out the average profitability (Expected Value/EV) of a casino offer before you even deposit to complete it?
Did you know that simple EV calculators out there aren't accurate? In fact, they're not even close.
No? Okay, that's a third question.
We explain all in this EV Maximiser review.
Table of Contents
What is EV Maximiser & How Does it Work?
EV Maximiser is an advanced calculator for casino offers that allows you to accurately work out whether a slots bonus will be profitable or not.
Within the software you set all of the details for the offer you are going to complete – and this is where it really differs from regular casino offer calculators that you will find online.
You set the deposit amount, the bonus amount, the wagering requirement as you normally would on these types of calculators…
However, you then also add the slot you'll be using and the stake size too.
You can even set whether you will be attempting to double up on blackjack beforehand (caution: many casinos no longer allow this).
EV Maximiser will then run through the calculations via a simulation of 100,000 spins on the slot you chose.
This allows it to give highly accurate numbers and an Estimated Value of the profit or loss you should receive, on average, over the future of completing offers of this type.
Not only will it show you the profit and loss, but it also shows you the Bust Rate (the percentage of times you will bust out of this offer) and the time it should take you on average to complete wagering (this includes busting out).
You can then alter the stake size and the slot to find an option that best fits your needs – whether you want higher EV or less chance of busting out. Everyone has different needs and a different amount of free time available on any given day after all.
(NOTE: You can check out the best current deal on EV Maximiser right here.)
Why Aren't EV Calculators Accurate?
On most casino EV calculators, you will input three things:
- Your deposit + the bonus
- The wagering requirement
- The ‘house edge' i.e. the RTP (Return to Player %) of the slot you're using
What they are saying here is that if you bet £1 on slots. That £1 is worth £1 worth of bets towards your wagering obligation. If you play an Instant Win Game that £1 is worth 50%, so only 50p, towards fulfilling your wagering requirements. Table Games are only worth 10% of £1, so 10p, towards being able to get your money out.
We've added this field, because as much as we love playing slots and mobile slots especially, sometimes we like a little blackjack, video poker and baccarats too. So if you were thinking of spending that £5 free on blackjack… well good luck to you and let us give you the odds in our calculator. Ultimately, if you mix and match your games, good casino sites should be able to tell you how much of your wagering requirements you still have to fulfil before you have to take your money out.
The Results
Free Bonus MoneyThis is how much the casino is giving you to play on top of your deposit. We've left this here so of the percentage amount is random (134% or 27%) you can easily see the value of the offer.
Total Play MoneyThis is how much you'll have at the casino, in total, to play with. So it's basically the free bonus money and your deposit.
Amount You Need to BetThe whole point of this calculator. This is the amount of bets, in numerical form, you'll have to make in order to cash out your winnings and your bonus.
We hope this calculator is of some use to help you decide how and what casino bonus to take.
Use our wagering requirements calculator wisely and you could just be enjoying some hassle free spinning.
Have fun! And don't forget to check out or recommended casino bonuses on at our favourite sites.
Latest Mobile Casino Bonuses
Find The Best Slots For You
Use our Advanced Search to filter through Slots by up to 11 different criteria! Read the reviews and find the perfect slot sites to play.
Find Slots To Play For Real@LuckysSlotsBLOGThe Best Christmas Bonuses »Best Mobile Casinos
Read Review1RizkEV Maximiser is Mike Cruickshank's premier calculator for casino offers.
Mike is the brains behind Profit Maximiser and a range of other products too. He came up with this solution to meet the growing demand for an accurate casino EV calculator.
We have two questions for you:
Did you know that you could work out the average profitability (Expected Value/EV) of a casino offer before you even deposit to complete it?
Did you know that simple EV calculators out there aren't accurate? In fact, they're not even close.
No? Okay, that's a third question.
We explain all in this EV Maximiser review.
Table of Contents
What is EV Maximiser & How Does it Work?
EV Maximiser is an advanced calculator for casino offers that allows you to accurately work out whether a slots bonus will be profitable or not.
Within the software you set all of the details for the offer you are going to complete – and this is where it really differs from regular casino offer calculators that you will find online.
You set the deposit amount, the bonus amount, the wagering requirement as you normally would on these types of calculators…
However, you then also add the slot you'll be using and the stake size too.
You can even set whether you will be attempting to double up on blackjack beforehand (caution: many casinos no longer allow this).
EV Maximiser will then run through the calculations via a simulation of 100,000 spins on the slot you chose.
This allows it to give highly accurate numbers and an Estimated Value of the profit or loss you should receive, on average, over the future of completing offers of this type.
Not only will it show you the profit and loss, but it also shows you the Bust Rate (the percentage of times you will bust out of this offer) and the time it should take you on average to complete wagering (this includes busting out).
You can then alter the stake size and the slot to find an option that best fits your needs – whether you want higher EV or less chance of busting out. Everyone has different needs and a different amount of free time available on any given day after all.
(NOTE: You can check out the best current deal on EV Maximiser right here.)
Why Aren't EV Calculators Accurate?
On most casino EV calculators, you will input three things:
- Your deposit + the bonus
- The wagering requirement
- The ‘house edge' i.e. the RTP (Return to Player %) of the slot you're using
Now, we've got a few reasons why this throws the calculations way off from being accurate.
Firstly, a calculator like this would only work out how much you would win or lose on average after completing wagering. For example:
Let's say you've got a 100% up to £100 match offer, with 35x deposit + bonus wagering requirement.
We'll choose a random slot that has 96% RTP, which is quite typical of the slots you would choose for these offers.
The calculation shows the EV of this offer to be -£180, and therefore not profitable.
However…
Have you spotted the glaring error in this calculation?
It's something we actually missed for a long time ourselves, and it's also something the vast majority of matched bettors still miss today…
Not got it yet?
It's simple:
How can we possibly lose £180 on an offer where we've only deposited £100?
The truth is: the calculation can't be right. And it's not right.
Simple calculators are unable to factor in the fact you can bust out of offers.
The calculation also doesn't factor in your stake, or spin size. Upping your stakes vastly increases your chances of a bust out, but also increases the EV of an offer.
Busting out more frequently also means you spend less time overall completing the offers, but actually make more profit in the long run.
The choice of slot matters too; the RTP is important, but also extremely important is the variance of these slots – this can't be quantified in a regular calculator, but it's factored into EV Max.
If we run those same numbers through EV Maximiser…
…we see this actual offer would have an EV of £33.80 and actually be profitable when using £5 spins on a high variance slot!
The 90.6% bust rate would be a little daunting for most, but it shows the power that this calculator has to generate an exact figure based on an actual simulation of slots. This simulation takes about 10 seconds to complete 100,000 spins.
For those of you that aren't as risk-averse, the offer above would actually be -EV using £1 spins, with an EV of -£7.87.
It just goes to show you the important of being able to change your stake when calculating EV, let alone factoring in all of the other things.
Pros of EV Maximiser
Calculation of Time
Whilst time taken isn't a matter of a calculation being incorrect, it's something that EV Maximiser will tell you.
This is useful, because an offer might have an EV of £30 with a bust rate of 75%, which isn't too bad. But if it's going to take you 2000 minutes, or 33.33 hours, to complete this offer, then there's no real value in that. It's just not worth your time.
A regular casino calculator wouldn't inform you of this fact.
Accurate Calculations of Profitability
Many people are put off slot offers because the calculator they use is overly simple and therefore can't highlight ways to make them profitable.
Having an accurate figure simulated in EV Maximiser is the tool's biggest strength.
Bust Rate
Being able to see the bust rate – or how many times you will likely bust out on the offer before making a profit – is an absolute dream.
So many times in the past we thought we were just unlucky when we were on a losing run…
But it's not true.
It's not unlucky. It's EXPECTED!
Most good slot offers will have a bust rate of somewhere between 60-80%.
This means you will probably bust offers multiple times before you hit a big win to help balance out EV.
When you are doing these casino offers, it's important to track EV as well as your profits and loss, so you can see how you're faring compared to where the maths say you should be.
Customisation
The ability to customise slot offers is also great.
You have the option to set whether you're completing a regular offer, an offer with a ‘sticky' bonus (where you can only withdraw the profit), free spins and more is really useful.
But the most useful thing is being able to see how much EV is improved with a blackjack double up – if permitted in the casino's terms and conditions.
Seeing the profitability and bust rates change depending on spin size is also an extremely powerful feature that is massively overlooked by the majority of matched betting sites.
Slot Details Listed
For many of the most popular slots around, the RTP and variance are readily available in a large list that is posted on the EV Maximiser.
This means you don't need to go trawling the internet for help with your calculations – you can just input the data straight from the site.
Casino Slot Ev Calculator Monthly
Cons of EV Maximiser
Looks Outdated
This is a similar theme with the products from this company – they all look very outdated.
However, they also all provide a serious amount of value.
It's very much ‘function over form' for products from Mike Cruickshank and we have some respect for that.
Not Mobile-Friendly
It would be nice if the tool was a little easier to use on mobile devices, but this again goes back to the pointer above – it just all seems slightly outdated in its design.
Casino Slot Ev Calculator Estimate
Could List More Slots
There are a good range of slots listed on the EV Maximiser site, which helps you to easily identify the RTP and variance of the game in question.
However, it would be great if they could list even more! Wetumpka slots.
Conclusion
Winstar casino address zip code. Overall, we would absolutely recommend EV Maximiser to anyone looking to make a serious go of casino offers for matched betting.
It costs £49.99 + VAT (£59.98 in total) and is a one-off payment.
The best deal can be found here.
We award the product a rating of 4.4 stars.
Casino Slot Ev Calculator Formula
Casino Slot Ev Calculator Price
