If we are using a slot with an RTP of 95% and wagered £10 on it, we would expect to receive back £9.50 on average, meaning that it has cost up 50p to receive the 20 free spins. Let’s say that you accepted a casino offer which is ‘Wager £10 and get 10 x 20p Free Spins’.įirst, we must determine how much on average we will lose qualifying for the free spins. For others which require multiple wagering of the bonus, an advanced casino simulator such as the one available at Profit Squad is needed to accurately determine the EV. The EV of many casino offers can be calculated using simple math. So, how is the Estimated Value of casino offer calculated? Sometimes you will win, sometimes you will lose but overall, you will be up. Each casino offer has an Expected Value and if it is positive, it means that you will make a profit overall if you played that offer an infinite number of times.
When playing casino offers, it’s all about the value, or ‘Expected Value’ (EV) as it is commonly referred to as. Although they don’t guarantee a profit every time, if they have value then they will return a profit on average over time. Casino offers can be a great source of income when matched betting.
