Hi guys,
I'm interested in knowing the formula to determine whether a deposit bonus would be a good option or not. I know which factors play a role like wagering requirements, pay out percentage of the game and bonus percentage. My currenty play isn't really focussed on any deposit bonuses most of the time.
I like to feel free and not be tied up by the wagering requirements or terms and conditions, before I can cash out. In my opinion a lot of bonuses have too many restrictions as well. If I take a bonus it's only when I make a small deposit and when the wagering requirements are decent enough 30x bonus or lower. Like for instance 200% 32Red deposit bonus of €25. I deposit €25, I'll get €50 from 32Red which means I'll have €75 to play with.
€50 x €30 WR = €1500 wagering. If I lose I won't even be bothered with it, and if I can catch a nice win it would be great considering the low deposit/risk. There are countless times when I deposit hundreds of euros but I never take a bonus then.
How bigger the deposit/bonus gets, the more I need to wager and this usually puts me of taking a bonus. I look at it like a huge mountain to climb.
If any bonus experts could maybe shed their light on the formula to calculate whether a bonus is +EV, that would be great!
I'm interested in knowing the formula to determine whether a deposit bonus would be a good option or not. I know which factors play a role like wagering requirements, pay out percentage of the game and bonus percentage. My currenty play isn't really focussed on any deposit bonuses most of the time.
I like to feel free and not be tied up by the wagering requirements or terms and conditions, before I can cash out. In my opinion a lot of bonuses have too many restrictions as well. If I take a bonus it's only when I make a small deposit and when the wagering requirements are decent enough 30x bonus or lower. Like for instance 200% 32Red deposit bonus of €25. I deposit €25, I'll get €50 from 32Red which means I'll have €75 to play with.
€50 x €30 WR = €1500 wagering. If I lose I won't even be bothered with it, and if I can catch a nice win it would be great considering the low deposit/risk. There are countless times when I deposit hundreds of euros but I never take a bonus then.
How bigger the deposit/bonus gets, the more I need to wager and this usually puts me of taking a bonus. I look at it like a huge mountain to climb.
If any bonus experts could maybe shed their light on the formula to calculate whether a bonus is +EV, that would be great!