Bonuses with Wagering of x25 Deposit+Bonus List and Computation

What Are The Mathematical Chances Of Successfully Completing A Bonus With X25 Wagering Requirement On Deposit & Bonus?

CasinoLandia 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 with x25 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!”

Computation Step 1: We Formulate the Problem

We have a casino bonus with the following conditions:

1. We deposit $100

2. We get a match bonus of 100%

3. The Bonus has x25 wagering requirements on the sum of deposit and bonus amounts

4. We will play slot with return to player of 95.17% 

So, we ask: What are the mathematical chances in percent value of completing the bonus?

Computation Step 2: Cranking the Numbers

To calculate the mathematical chances of completing the bonus, we need to consider the house edge of the slot game and the wagering requirements of the bonus.

1. Assuming we only play the slot game with a return to player (RTP) of 95.17%, the house edge of the game is 4.83%. This means that for every $100 wagered on the game, we can expect to lose $4.83 on average.
2. Given that the bonus has x25 wagering requirements on the sum of deposit and bonus amounts, we will need to wager 25 times the total amount of $200 ($100 deposit + $100 bonus) before we can withdraw any winnings from the bonus. This means we need to make $5,000 worth of bets.
3. So, the amount we can expect to lose while completing the bonus is 4.83% x $5,000 = $241.50. However, it's important to remember that this is just an average value and that luck can play a significant role in the outcome.
4. Therefore, the mathematical chance of completing the bonus in percent value can be calculated as:

(1 – 0.0483)^25 x 100 = 8.78%

This means that, on average, there is an 8.78% chance of completing the bonus, assuming we only play the slot game and make no other bets.

You guessed it correctly. THE CORRECT ANSWER IS: 8.78%