Online Bonus Casino Simulator
Deposit Bonus EV & Wagering Simulator
When it comes to casino bonus hunting, not all offers are created equal.
A shiny “100% match up to £200” sounds generous, but without breaking down the numbers you won’t know whether you’re truly chasing value—or simply running on a hamster wheel of casino bonus turnover traps.
At Oddsmart, we believe matched bettors deserve clarity over complexity.
That’s why we’ve built the Deposit Bonus EV & Wagering Simulator, an intuitive online tool that models the real bottom-line value of any matched-betting casino bonus and forecasts how long it will take to clear.
Deposit Bonus EV & Wagering Simulator
Game Mix & RTP
Why EV and time-to-clear matter
for matched bettors
How the simulator works,
step by step
The underlying maths
explained in plain English
Practical examples
of Oddsmart’s tool
Check online casino EV
for your casino gambling plans
Advanced matched-betting tips
to squeeze out every last penny
Popular FAQs
to answer any lingering questions
Whether you’re brand new to matched betting or you’ve been balancing hundreds of promotions, the Deposit Bonus EV & Wagering Simulator will become your go-to companion for separating the genuine money-makers from the time-wasting drags.
Stay Ahead with Live Promotions & News
Why EV and Time-to-Clear Matter
What Is Expected Value (EV)?
Expected Value (EV) summarises a promotion in one number: the average return you can anticipate over the long run. In matched betting, EV accounts for:
- The size of the bonus (e.g. £100 matched credit)
- The game dynamics (slot RTPs, table-game multipliers, etc.)
- Wagering requirements, turnover multipliers and stake-weightings
A positive EV means you’re likely to make money on average; a negative EV means the offer will cost you in the long term.
Why Model Time-to-Clear?
A bonus that looks good on paper can still be a poor use of your time.
If a £100 bonus takes you 50 hours to clear at your current betting pace, perhaps your time is better spent on smaller-value, faster-clearing offers. By forecasting hours to clear, the simulator helps you:
- Compare offers on a level playing field (EV per hour)
- Plan sessions and bank allocation realistically
- Avoid burnout chasing turnover that’s not worth your time
Overview: How the Casino Bonus Simulator Works
At its core, the Deposit Bonus EV & Wagering Simulator is a free online tool with two main sections:
Inputs Deposit Amount (£): Your initial cash deposit. Match Percentage (%): e.g. 100 for a 1:1 matched bonus. Wagering Requirement (×): The turnover multiplier, e.g. 30× the sum of deposit and bonus. Average Stake per Bet (£): The typical size of each wager. Bets per Hour: Your average throughput, e.g. 6 bets per hour. Game Weightings & RTP
Categories (Slots, Table Games, Live Casino) each with a % weighting of your turnover and the respective RTPs (e.g. Slots 50% @ 96% RTP).
From these inputs, Oddsmart’s simulator calculates:
- Total Bonus Credits (Deposit × Match %)
- Total Turnover Required ((Deposit + Bonus) × Wagering Requirement)
- Time to Clear (hrs) (Total Turnover ÷ (Average Stake × Bets per Hour))
- Weighted RTP (SUMPRODUCT of weightings × RTP ÷ total weight)
- Expected Return (£) (Bonus × Weighted RTP)
- Net EV (£) (Expected Return – Initial Deposit)
In practice, this means you instantly see not only how much you stand to gain, but also how much time it will take—letting you make truly informed decisions.
Step-by-Step: Using the Casino Bonus Simulator
Enter Your Deposit and Match Details
Set Your Wagering Requirement
Define Your Betting Pace
Adjust Game Weightings & RTP (Cells B11–C13)
Read Your Outputs
Under the Hood: The Maths Explained
Even though you don’t need to engage with the formulas directly, here’s the maths explained
Total Bonus Credits
Bonus Credits = Deposit x (Match % / 100)
Total Turnover Required
Turnover = (Deposit + Bonus Credits) x Wagering Requirement
Time to Clear
Hours = Turnover / (Average Stake x Bets Per Hour)
Weighted RTP
Weighted RTP = ∑ (Weight x RTP) / ∑ Weight
Expected Return
Expected Return = Bonus Credits x (Weighted RTP / 100)
Net EV
Net EV = Expected Return – Deposit
Practical Example of our Casino Bonus Simulator
Let’s say you have a £100 deposit with a 100% match, 30× wagering, and you place 10 bets per hour at £10 each. You allocate your stakes:
- 0% to slots at 96% RTP
- 30% to table games at 99.5% RTP
- 20% to live casino at 98% RTP
- Bonus Credits = £100 × (100/100) = £100
- Total Turnover = (£100 + £100) × 30 = £6,000
- Time to Clear = 6,000 ÷ (10 × 10) = 60 hours
- Weighted RTP = (50×96 + 30×99.5 + 20×98) ÷ 100 = 97.15%
- Expected Return = £100 × 0.9715 = £97.15
- Net EV = £97.15 − £100 = −£2.85
In this scenario, the advance look shows a net loss of £2.85, warning you that this bonus—while sizeable—will likely cost you time and money – given this case it would be better for you to seek a lower wager requirement or a casino bonus offer with more favourable game-weighting terms.
Interpreting Your Results
Positive Net EV
The bonus is profitable on average—prime candidate for immediate action.
Negative Net EV
Likely to cost you—consider skipping or renegotiating.
High Hours to Clear
May not be the best use of time, even if EV is slightly positive—look for faster options.
Balance EV vs. Effort
Combine the Net EV figure with the Time-to-Clear to compute EV per hour, a handy metric for prioritising bonuses.
Advanced Matched Betting Tips
Batch Comparisons
Load multiple offers into parallel sheets, then sort by Net EV per hour.
Bankroll Allocation
Allocate a dedicated “bonus fund” and track cumulative EV across promotions.
Refine Game Weightings
Adjust based on your personal play style—if you favour table games, raise that weighting to improve accuracy.
Monitor Real-World Returns
Log actual cleared bonus returns vs. predicted EV to fine-tune RTP assumptions and average bet size estimates.
Make More Casino Bonus Hunting
Bonuses can be your greatest ally in matched betting—but only if you understand their true value and cost in time.
The Oddsmart Deposit Bonus EV & Wagering Simulator crystallises complex turnover rules, RTP variances and staking rates into clear EV and time-to-clear metrics.
Armed with these insights, you’ll know precisely which casino bonus offers to prioritise and which to skip—saving both your bankroll and your precious time.
Popular Deposit Bonus EV & Wagering Simulator FAQs
How accurate is the time-to-clear estimate?
It assumes constant pace—real-world factors like game loading times or downtime may vary. Treat it as a close approximation.
What if I only play slots or only table games?
Simply set one category’s weight to 100% and the others to 0%. The Weighted RTP will then reflect your sole focus.
How do I handle bonus terms with “play-through” on betfair exchanges?
Exchanges have their own rules; this tool models only turnover on the bookmaker side. For exchange-related requirements, adjust the wagering multiplier accordingly.
Can I use fractional odds?
This calculator is designed for casino-style bonuses. Use our Single Bet or Double Bet calculators for sports-book odds modelling.
Do I need an Oddsmart account?
No—you can use the simulator standalone. However, an account unlocks API integration and automatic RTP lookups.
Where can I find more matched betting tools?
Explore Oddsmart’s full Calculators menu for Rule 4, Expected Value, Probability, Accumulator Bet Calculators and more.