In this guide we will explain a bit more thoroughly how we decide if a casino offer is worth taking or not. An important factor when we are picking out the good casino offers is the RTP of any specific game, or return to player. The return to player value varies from different slots, Roulette games and Blackjack games. But in general this is how you calculate the RTP of the different casino games:
Slot machines – 96% RTP, which means you can expect a loss of 4 kr per every 100 kr you wager.
Blackjack – 99,5% RTP, which means that you can expect a loss of 0,5 kr per every 100 kr you wager, if you use our Blackjack strategy.
Roulette – 97,3% RTP, which means that you can expect a loss of 2,7 kr per every 100 kr you wager.
Apart from the expected value you also need to consider the bonuses wagering requirement, to determine if the offer is worth taking or not. The wagering requirement together with the expected value decide how much of the bonus you are expected to lose. Here are some examples:
Example 1:
Deposit 1.000 kr and receive a bonus of 1.000 kr. The bonus amount needs to be wagered 100 times in the live casino.
We deposit 1.000 kr, gets a bonus of 1.000 kr and bet for a total of 100.000 kr (1.000 kr x 100) on Blackjack, since Blackjack has the highest RTP (99,5%). When we play for 100.000 kr on Blackjack we can expect to get 99.500 in return (100.000 kr x 99,5%), which means we lost 500 kr.
In total we have first earned 1.000 kr (our bonus) and then lost 500 kr when we completed the wagering requirement. This gives us a total profit of 500 kr (1.000 kr – 500 kr).
The Expected Value for this offer is therefore 500 kr.
Now you might think that a wagering requirement of 100 times seem high. And if we only could wager our bonus on slots or on odds you would have been absolutely right and the offer would not have been worth taking. But since we can wager the bonus in the live casino we are given the opportunity to wager it on Blackjack, the game with the highest RTP, so this bonus has a positive expected value.
Example 2:
Deposit and play for 200 kr and you will get 100 free spins worth 1 kr/spin. Any winnings from the free spins needs to be wagered 10 times.
Let’s start by playing 200 kr on Blackjack, since it’s the game with the highest RTP (99,5%). When we play for 200 kr on Blackjack we can expect 199 kr in return (200 kr x 99,5%) and we have then lost 1 kr.
We then use our 100 free spins, worth 1 kr per spin, on a slot machine with a RTP of 96%. We can expect a profit of 96 kr (100 kr x 96%).
After that we need to wager 960 kr (our profit of 96 kr times 10). Vi chose again to wager on Blackjack. If we bet for 960 kr on Blackjack we can expect a return of 955.2 kr (960 x 99,5%). We have then lost 4,8 kr (960 – 955,2 kr).
Our total loss will then be 1 kr when we wagered our deposit of 200 kr. We then won 96 kr on our free spins. After that we lost 4,8 kr when we wagered our winnings 10 times. This will give us a total profit of 90,2 kr (-1 kr + 96 kr – 4,8 kr).
The Expected Value for this offer is therefore 90,2 kr.
As you can see from the above examples the Return To Player (RTP) value and the wagering requirement are vital to calculate if an offer is worth taking. You also need to be aware of the offers terms and conditions to know what games are allowed to wager on. In some cases Blackjack is not allowed and does not counts toward the wagering requirement, or only a small procent will count. In our guides for each offers we present the most important terms and conditions!