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CasinoLandia > Bonuses > Wagering Requirements

All Wagering Instances on CasinoLandia

Total: 1

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SlotsandCasino Casino logo
USARated 100/100%

First Deposit

300%/$1,500 + 100 Free Spins

x30 wagering (Deposit & Bonus)

Play Here Bonus Info | Read Review
Bonus Percentage
300%
Maximum amount
1500
Free spins
100
Min deposit
25
US Players
Accepted
DuckyLuck Casino logo
USARated 99.97/100%

First Deposit

500%/$2,500 + 150 Free Spins

x30 wagering (Deposit & Bonus)

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Bonus Percentage
500%
Maximum amount
2500
Free spins
150
Min deposit
25
US Players
Accepted
BC.Game Casino logo
USARated 99.46/100%

First Deposit

180%/$20,000

x60 wagering (Deposit & Bonus)

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Bonus Percentage
180%
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20000
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–
Min deposit
10
US Players
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mBit Casino logo
USARated 98.86/100%

First Deposit

100%/1 BTC + 100 Free Spins

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100%
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1 BTC
Free spins
100
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30
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Bovada Casino logo
USARated 98.2/100%

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100%/$1,000

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Bonus Percentage
100%
Maximum amount
1000
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–
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Bovada Casino logo
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125%/$1,250

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125%
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1250
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200%/$3,000 + 30 Free Spins

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200%
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1000
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29
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20
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USARated 98.12/100%

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250%/$1,500

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250%
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1500
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20
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100%/$1000

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250%/$1,750

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10%/$1000

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ComicPlay Casino logo
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250%/$1,750

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250%
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USARated 97.26/100%

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250%/$1,750

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250%
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1750
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USARated 95.75/100%

First Deposit

175%/€1750 + 50 Free Spins

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50
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20
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What are the Mathematical Chances of Successfully Completing a Bonus with x30 Wagering Requirements

einsteinCasinoLandia has already computed the Average Return to Player (RTP) value to be: 95.17%. To calculate the chance of completing a 100 euro casino deposit bonus (Deposit Only) with x30 wagering requirements while playing a slot game with a 95.17% return to player, we can use a combination of probability theory and mathematical calculations.

By the way, did you know why Einstein did so poorly in math class as a kid? Because every time the teacher asked him what 2+2 was, he would say “E=mc²!”

You guessed it correctly. THE CORRECT ANSWER IS: 3.31%

Now let us explain to you exactly how we compute the Correct Answer:

Step-by-Step Computation of the Mathematical Chances of Successfully Completing a Casino Bonus with x30 Wagering Requirements

Don't worry if it seems tough at first glance. We're here to help you out like a personal math tutor, minus the boring textbooks and bad haircuts. At CasinoLandia, we're all about making your decisions easier than a multiple-choice test with only one answer.

Step01

Money Transfer Icon

Determine the Amount of Money we Need to Wager to Complete the Bonus

First, we need to determine the amount of money we need to wager to complete the bonus. Since the bonus has a x30 wagering requirement on the deposit only, we need to wager 30 times the deposit amount, which is 100 euros. So the total amount we need to wager is 30 x 100 = 3000 euros.

Step02

average

Calculate the Expected Value of the Slot Game

Next, we need to calculate the expected value of the slot game, which is the amount of money we can expect to win or lose on average per bet. Since the slot game has a 95.17% return to player, the expected value of each bet is 0.9517 euros for every 1 euro wagered. Therefore, the expected value of a 1 euro bet is -0.0483 euros (1 – 0.9517 = -0.0483).

To calculate the expected value of 3000 euros in bets, we can multiply the expected value of each bet by the number of bets: -0.0483 x 3000 = -144.90 euros.

This means that, on average, we can expect to lose 144.90 euros when wagering 3000 euros on the slot game. However, this does not tell us the probability of completing the bonus.

Step03

Probability

Calculate the Probability of Completing the Bonus

To calculate the probability of completing the bonus, we need to use a statistical distribution called the binomial distribution, which can tell us the probability of achieving a certain number of successful outcomes (in this case, winning bets) out of a total number of trials (in this case, 3000 bets).

The formula for the binomial distribution is:

P(X = k) = (n choose k) * p^k * (1 – p)^(n-k)

Where:

P(X = k) is the probability of k successful outcomes n is the total number of trials (in this case, 3000 bets) k is the number of successful outcomes we want to achieve (in this case, 3000 – 144.90 = 2855.10 winning bets) p is the probability of a successful outcome (in this case, 0.9517) Using this formula, we can calculate the probability of achieving 2855.10 winning bets out of 3000 bets:

P(X = 2855.10) = (3000 choose 2855.10) * 0.9517^2855.10 * 0.0483^144.90

Step04

einstein

Arrive at our Final Answer

This calculation results in a probability of approximately 3.31%.

Therefore, the chance of completing a 100 euro casino deposit bonus with x30 wagering requirements (deposit only) if you play a slot game with 95.17% return to player is approximately 3.31%.

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