ABOUT WAGER & GET OFFERS
These are some of the most common and simple types of casino offer. You're required to wager a certain amount on eligible games and then you're given a reward. This reward may be in the form of cash, a casino bonus, or free spins.
The EV Calculator is used to work out the value for Wager & Get offers where there is 0x or 1x wagering on any bonuses or free spins. 0x wagering means you have a cash reward or free spins where there is no wagering requirement on any winnings. 1x wagering means something needs to be wagered (played through) once.
An offer such as Wager £10 Get 10 Free Spins, where there is no wagering on free spins winnings, would be using this EV Calculator. For more complicated offers with higher wagering (e.g. Wager £10 Get £5 Bonus with 30x wagering) you should be using the Simulator instead.
Click one of the quick links below to learn more about these types of offer and how to work out the EV:
- Stake Recommendation
- Should I Ever Finish The Offer Early?
- Offer Type: Wager & Get Cash
- Offer Type: Wager & Get Bonus (1x Wager On Bonus)
- Offer Type: Wager & Get Free Spins (0x or 1x Wager On Free Spins Winnings)
For simple Wager & Get offers where there is 0x or 1x wagering on any bonus, the stake size makes no difference to the EV. The stake you choose to play with will affect the variance (swings in profit/loss) and how long it takes you to do an offer, but the EV will not change. For this reason you should be thinking about playing with the lowest stake that you can where you're still happy with how long it'll take you to complete the offer.
Should I Ever Finish The Offer Early?
No - not if don't want to be losing value! There are some deposit match offers where it can be the correct decision to finish an offer "early", but with simple Wager & Get offers it's always the correct decision to complete an offer from a value perspective.
It can be tempting quit if you get a nice big win early on, but remember that our value comes from the reward and not just from playing a casino game! It's a common myth that if your current profit is above the EV, that you should finish the offer - this is not true!
Let's look at an example:
You're doing a "Wager £10 Get £2 Cash" offer with an EV of £1.60. You're £3 into the wagering and get a nice £20 win and decide to stop. But the position you're currently in essentially gives you a "Wager £7 Get £2 Cash" offer (since you've already completed £3 of the wagering).
The offer had good value with wagering £10 so of course it is very much the correct decision to keep playing and earn your £2 cash reward now that you only have £7 wagering left.
WAGER & GET CASH
Example: Wager £10 Get £2 Cash
Extra Info: This offer requires you to wager £10 and your reward will be £2 cash that can be withdrawn as you wish.
WAGER & GET BONUS (1X WAGER ON BONUS)
Example: Wager £10 Get £2 Bonus
Extra Info: This offer requires you to wager £10 and your reward will be £2 bonus with 1x wagering.
WAGER & GET FREE SPINS (0X OR 1X WAGER ON WINNINGS)
Example: Wager £10 Get 10 Free Spins
Extra Info: This offer requires you to wager £10 and your reward will be 10 free spins worth £0.20 each. If your free spins winnings require 1x wagering (e.g. BoyleSports Spinanza offer) then change the ‘Winnings Wager x’ box to 1.