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Casino Bonus Comparison Calculator

Free casino bonus comparison calculator: compare two welcome offers by bonus cash, wagering and average value after the house edge to see which is worth more.

Bonus comparison calculator

Which casino bonus is worth more?

Put two welcome offers side by side. For each, enter the deposit, the match, the wagering requirement and the maximum bonus, and see the average value after wagering.

A: wagering needed$3,500
A: average value−$40.00
B: wagering needed$500
B: average value+$30.00
Offer B is worth more on average, by $70.00. Offer A gives $100.00 in bonus cash and offer B $50.00. Average value = bonus cash minus the expected loss while wagering (wagering × house edge, games counting 100%). Check game contribution, maximum bet and expiry in the terms, which can change the picture.

How to use the bonus comparison calculator

  1. For offer A and offer B, enter the deposit, the match percentage, the wagering requirement and the maximum bonus. Enter 0 for the maximum if there is none.
  2. Set the RTP of the game you plan to play.
  3. Choose whether wagering applies to the bonus only or to the deposit plus bonus.

You see, for each offer:

  • the wagering needed, the total you must bet to release the bonus,
  • the average value: bonus cash minus the expected loss on that wagering.

The line below the results names the better offer and shows the difference.

The maths

  • Bonus cash = deposit × match, up to the maximum bonus.
  • Wagering needed = bonus × wagering requirement (or (bonus + deposit) × wagering requirement).
  • Expected loss = wagering needed × (1 − RTP).
  • Average value = bonus cash − expected loss.

Worked example

You compare two offers with a $100 deposit and a 96% RTP game, wagering on the bonus only.

  • Offer A: 100% match up to $200, 35x wagering. The bonus is $100 and you must bet $3,500. The expected loss is $140, so the average value is −$40.
  • Offer B: 50% match up to $100, 10x wagering. The bonus is $50 and you must bet $500. The expected loss is $20, so the average value is +$30.

The smaller offer is worth $70 more. If both offers counted the deposit as well as the bonus, offer A would drop to −$180 and offer B to −$10.

What the calculator cannot see

  • Game contribution. Slots often count 100% towards wagering, table games much less, which changes the cost.
  • Maximum bet and time limits. Break the rule and the casino can void your winnings.
  • Caps on winnings. Some bonuses limit what you can cash out.
  • Variance. The average value is a long-run figure. Real sessions can end far from it.

Free spins have their own maths, so use the free spins calculator. To see the playthrough of a single offer, use the wagering calculator. Read wagering requirements and what is RTP for the background, and browse the current casino bonuses. Bonuses can encourage you to play more than you planned, so set a budget and see responsible gambling.

Casino Bonus Comparison Calculator FAQ

How do I compare two casino bonuses?

Work out each offer's bonus cash, multiply by the wagering requirement to get the total you must bet, and subtract the expected loss on that betting (wagering × house edge). The larger result is worth more on average.

Is a bigger bonus always better?

No. A 100% match with 35x wagering can be worth less than a 50% match with 10x wagering, because the bigger offer forces you to bet far more, and every dollar bet loses the house edge on average.

What is the average value of a bonus?

The bonus cash minus the expected loss while you meet the wagering. It is a long-run figure: any single bonus can leave you with nothing or with a big win.

Does the wagering apply to the bonus only, or the deposit too?

It depends on the casino. Some count the bonus alone, others the deposit plus the bonus, which doubles the playthrough. Choose the right option in the calculator, and read the terms.

What RTP should I use?

The RTP of the games you will play. Many slots are around 96%. Games with lower contribution to wagering, such as table games, can count for much less than 100%.

What does a maximum bonus do?

It limits the bonus cash, so a bigger deposit does not earn a bigger bonus. A 100% match capped at $200 is the same offer for a $200 deposit and a $500 deposit.