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Nektan Bonus System Report

Posted by THEPOGG on Feb 02, 2017

On 12/01/2017 we published an article entitled ‘Nektan – When a bonus is really a tax’. Since that point players on the CasinoMeister forum have highlighted nuances in the way the Nektan bonus system functions that are not detailed within their terms and conditions. These nuances invalidate much of the simulation work done in the original article and as such this secondary report has been compiled to provide the same information for the system as it actually functions.

The Difference

The primary difference between the system simulated in our original article and the system that players report experiencing is that rather than the bonus terms being enforced from the moment of the deposit that triggers the bonus, the bonus terms are only enforced when the first bet is placed that uses bonus funds.

As deposited funds are used first this means that on the positive side any winnings that are generated when playing with deposited funds can be withdrawn immediately without the win cap associated with the bonus being enforce and on the negative side means that any wagering with only deposited funds does not count towards the bonus wagering requirement.

The Simulations

The below simulations are naturally of a fairly dense mathematical nature. Due to concerns that some readers may find this off-putting or inaccessible, we will start with an examination of the results and the conclusions that can be drawn followed by the full data from the simulations. The intention is to allow those that simply want to know the conclusions to find them quickly while allowing those who want to review the issue in greater detail to see the approach that was taken.

Examination of the Results and Conclusions

In drawing conclusion from the data gathered we are discounting both the lowest and highest bets simulated as the vast majority of players will not play at these levels.

We will focus on those players betting in the middle – the approximate median bet from the CasinoMeister survey – £0.54/spin or £0.06/line.

We’ll review the bonus that triggered these reports first:

We have indicated where a result improves on play without a bonus with green text and where it is worse than play without a bonus with red text.

25% bonus on £10 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £2.93 (cost per hour £15.82)

Value of the bonus £0.37

  • Loss Playing with a target of £25 before withdrawal = £1.13 – (£0.37×0.7961) = £0.84 (cost per hour £3.84)
  • Loss Playing with a target of £50 before withdrawal = £1.62 – (£0.37×0.8886) = £1.29 (cost per hour £4.83)
  • Loss Playing with a target of £100 before withdrawal = £2.36 – (£0.37×0.9423) = £2.01 (cost per hour £6.21)
  • Loss Playing with a target of £200 before withdrawal = £3.67 – (£0.37×0.9747) = £3.30 (cost per hour £7.99)

Comments – The cost per hour at this bet size is always better than playing without a bonus. The overall cost is better except when playing with a very high withdrawal target.

Secondly we’ll look at a larger deposit size:

25% bonus on £100 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £29.25 (1 hour 51 min, £15.80/hour)

Value of the bonus £9.20

  • Loss Playing with a target of £250 before withdrawal = £30.81 – (£9.20×0.7683) = £23.74 (cost per hour £7.04)
  • Loss Playing with a target of £500 before withdrawal = £55.53 – (£9.20×0.9206) = £47.06 (cost per hour £9.01)
  • Loss Playing with a target of £1000 before withdrawal = £82.54 – (£9.20×0.9838) = £73.49 (cost per hour £10.43)
  • Loss Playing with a target of £2000 before withdrawal = £97.68 – (£9.20×0.9989) = £88.49 (cost per hour £11.01)

Comments – The overall cost is significantly more than play with a bonus when using all but the lowest withdrawal target. The cost per hour is always lower than play without a bonus.

What we can conclude from the results above is that unless your deposit size is very low or your withdrawal target is very low these bonuses will ultimately cost you more than completing the wagering requirement without a bonus. However, on average you will end up wagering significantly more than the wagering requirement and the total wagering associated with the bonus will be at a lower HOURLY cost than playing without a bonus.

We extended the study beyond this 25% bonus to look at the value of the Nektan operator’s first deposit bonus and compare this with values of the first deposit bonuses at other operators using a similar bonus structure. The results were surprising.

What we found is for the average player – those betting at around £0.54/spin – the Nektan bonus, even with the low win cap, will result in a better deal for players than the other competing operators. No other operator’s bonus provides the player an advantage at every withdrawal target.

It should be stressed that this is due to the percentage match being double what it is at any other reviewed operator. If the percentage match were to drop this certainly would not hold.

However if we expand this to look at player both lower and higher than the average we see that the Nektan first deposit bonus is better for players betting the average or less, but the benefits of this system tail off rapidly if the bet size is increased above the average level. So the short version is that this offer favours low to mid rollers and is not good for higher rollers.

Simulation Data

For the purposes of the simulations and calculations we have made certain assumptions:

– Firstly we assume that the player flat bets throughout their play. This is not the optimum way to play but is more likely to represent the average players betting pattern than optimum play.

– Secondly, having tested this to establish a reasonable figure, we assume that 750 spins of the game Thunderstruck can reasonable be played in an hour.

We have also included data for a range of ‘Withdrawal Targets’. The Withdrawal Target is the balance that the player would withdraw at if they have not triggered the bonus. The assumption is that the player plays to this target or loses enough to triggers the bonus. The targets we have used are 2.5x, 5x, 10x and 20x the deposited amount.

SIMULATION INDEX

25% bonus on £10 deposit bet size £0.09/spin (£0.01/line)

Loss Playing WR without a bonus = £2.93 (cost per hour £2.66/hour)

Value of the bonus £0.79

Loss Playing with a target of £25 before withdrawal = £2.21 – (£0.79×0.7492) = £1.62 (cost per hour £0.97)

Loss Playing with a target of £50 before withdrawal = £4.05 – (£0.79×0.8990) = £3.34 (cost per hour £1.32)

Loss Playing with a target of £100 before withdrawal = £6.55 – (£0.79×0.9690) = £5.78 (cost per hour £1.62)

Loss Playing with a target of £200 before withdrawal = £8.89 – (£0.79×0.9948) = £8.10 (cost per hour £1.81)

Comments – The cost per hour at this bet size is always better than playing without a bonus. The overall cost is only better when playing with a VERY low withdrawal target.

25% bonus on £10 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £2.93 (cost per hour £15.82/hour)

Value of the bonus £0.37

Loss Playing with a target of £25 before withdrawal = £1.13 – (£0.37×0.7961) = £0.84 (cost per hour £3.84)

Loss Playing with a target of £50 before withdrawal = £1.62 – (£0.37×0.8886) = £1.29 (cost per hour £4.83)

Loss Playing with a target of £100 before withdrawal = £2.36 – (£0.37×0.9423) = £2.01 (cost per hour £6.21)

Loss Playing with a target of £200 before withdrawal = £3.67 – (£0.37×0.9747) = £3.30 (cost per hour £7.9)

Comments – The cost per hour at this bet size is always better than playing without a bonus. The overall cost is better except when playing with a very high withdrawal target.

25% bonus on £10 deposit bet size £1.17/spin (£0.13/line)

Loss Playing WR without a bonus = £2.93 (5 min, £35.16/hour)

Value of the bonus = £0.26

Loss Playing with a target of £25 before withdrawal = £1.25 – (£0.26×0.8363) = £1.03 (cost per hour £9.54)

Loss Playing with a target of £50 before withdrawal = £1.56 – (£0.26×0.9075) = £1.32 (cost per hour £10.72)

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Loss Playing with a target of £100 before withdrawal = £1.97 – (£0.26×0.9479) = £1.72 (cost per hour £12.41)

Loss Playing with a target of £200 before withdrawal = £2.63 – (£0.26×0.9724) = £2.37 (cost per hour £14.82)

Comments – Both the cost per hour and the overall cost are always better than playing without a bonus.

25% bonus on £100 deposit bet size £0.09/spin (£0.01/line)

Loss Playing WR without a bonus = £29.25 (11 hours 11 min, £2.63/hour)

Value of the bonus = £10.61

Loss Playing with a target of £250 before withdrawal = £86.15 – (£10.61×0.9475) = £76.10 (cost per hour £1.76)

Loss Playing with a target of £500 before withdrawal = £100.00 – (£10.61×0.9989) = £89.40 (cost per hour £2.35)

Loss Playing with a target of £1000 before withdrawal = £100.00 – (£10.61×1.00) = £89.39 (cost per hour £2.35)

Loss Playing with a target of £2000 before withdrawal = £100.00 – (£10.61×1.00) = £89.39 (cost per hour £2.35)

Comments – The overall cost is always significantly higher than play without a bonus due to the low chance of meeting high targets with a small bet. The cost per hour is always lower than play without a bonus.

25% bonus on £100 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £29.25 (1 hour 51 min, £15.80/hour)

Value of the bonus £9.20

Loss Playing with a target of £250 before withdrawal = £30.81 – (£9.20×0.7683) = £23.74 (cost per hour £7.04)

Loss Playing with a target of £500 before withdrawal = £55.53 – (£9.20×0.9206) = £47.06 (cost per hour £9.01)

Loss Playing with a target of £1000 before withdrawal = £82.54 – (£9.20×0.9838) = £73.49 (cost per hour £10.43)

Loss Playing with a target of £2000 before withdrawal = £97.68 – (£9.20×0.9989) = £88.49 (cost per hour £11.01)

Comments – The overall cost is significantly more than play with a bonus when using all but the lowest withdrawal target. The cost per hour is always lower than play without a bonus.

25% bonus on £100 deposit bet size £12.42/spin (£1.38/line)

Loss Playing WR without a bonus = £29.25 (cost per hour £363.29)

Value of the bonus = £2.65

Loss Playing with a target of £250 before withdrawal = £11.76 – (£2.65×0.8395) = £9.54 (cost per hour £95.43)

Loss Playing with a target of £500 before withdrawal = £14.76 – (£2.65×0.9082) = £12.35 (cost per hour £108.57)

Loss Playing with a target of £1000 before withdrawal = £18.46 – (£2.65×0.9480) = £15.95 (cost per hour £125.45)

Loss Playing with a target of £2000 before withdrawal = £24.93 – (£2.65×0.9723) = £22.35 (cost per hour £152.14)

Comments – The exceptionally high bet has resulted in the bonus being player favourable in terms of both overall cost and cost per hour.

First Deposit Bonus at various operators

Alongside the analysis of the bonus that triggered these two articles we decided to review the first deposit bonuses offered firstly by Nektan operators and secondly by several other operators using a similar bonus structure to allow players to compare the bonus values.

Nektan

The first deposit bonus available at Nektan casinos is 200% up to £50 with a 40xbonus wagering requirement, 50% of bonus max bet and 4xbonus max withdrawal.

200% bonus on £25 deposit bet size £0.09/spin

Loss Playing WR without a bonus = £78.00 (cost per hour £2.63)

Value of the bonus £14.10

Loss Playing with a target of £62.50 before withdrawal = £9.92 – (£14.10×0.7888) = -£1.20 (cost per hour -£0.04)

Loss Playing with a target of £125 before withdrawal = £17.49 – (£14.10×0.9453) = £4.16 (cost per hour £0.12)

Loss Playing with a target of £250 before withdrawal = £23.29 – (£14.10×0.9936) = £9.28 (cost per hour £0.24)

Loss Playing with a target of £500 before withdrawal = £24.93 – (£14.10×0.9999) = £10.83 (cost per hour £0.64)

Comments – The negative values when playing the lowest withdrawal target indicate a player advantage, though a very small one. This bonus is always a benefit to players in terms of both overall cost and cost per hour.

200% bonus on £25 deposit bet size £0.54/spin

Loss Playing WR without a bonus = £78.00 (cost per hour £15.80)

Value of the bonus £17.84

Loss Playing with a target of £62.50 before withdrawal = £3.51 – (£17.84×0.7577) = -£10.01 (cost per hour -£2.53)

Loss Playing with a target of £125 before withdrawal = £5.97 – (£17.84×0.8816) = -£9.76 (cost per hour -£2.06)

Loss Playing with a target of £250 before withdrawal = £9.82 – (£17.84×0.9500) = -£7.13 (cost per hour -£1.34)

Loss Playing with a target of £500 before withdrawal = £14.96 – (£17.84×0.9826) = -£2.57 (cost per hour -£0.44)

Comments – The negative values indicate that the player has an advantage. That advantage drops rapidly as the withdrawal target is increased. This bonus is always a benefit to the player in terms of both overall cost and cost per hour.

200% bonus on £25 deposit bet size £4.95/spin (£0.55/line)

Loss Playing WR without a bonus = £78.00 (cost per hour £144.79)

Value of the bonus £9.25

Loss Playing with a target of £62.50 before withdrawal = £3.27 – (£9.25×0.8694) = -£4.77 (cost per hour -£9.72)

Loss Playing with a target of £125 before withdrawal = £3.69 – (£9.25×0.9162) = -£4.78 (cost per hour -£9.21)

Loss Playing with a target of £250 before withdrawal = £4.49 – (£9.25×0.9537) = -£4.33 (cost per hour -£7.95)

Loss Playing with a target of £500 before withdrawal = £5.63 – (£9.25×0.9742) = -£3.38 (cost per hour -£6.00)

Comments – The negative values indicate that the player has an advantage. While the player still has an advantage at this betting level, unlike the previous bet size that resulted in higher value to the player than comparative bonuses, the advantage to the player is now about 10% of that offered by the comparative bonuses offered at the other operators we looked at.

200% bonus on £25 deposit bet size £24.93/spin (£2.77/line)

Loss Playing WR without a bonus = £78.00 (6 min, £729.20/hour)

Value of the bonus £4.53

Loss Playing with a target of £62.50 before withdrawal = £3.37 – (£4.53×0.9219) = -£0.81 (cost per hour -£7.85)

Loss Playing with a target of £125 before withdrawal = £3.91 – (£4.53×0.9551) = -£0.42 (cost per hour -£3.91)

Loss Playing with a target of £250 before withdrawal = £4.35 – (£4.53×0.9729) = -£0.06 (cost per hour -£0.55)

Loss Playing with a target of £500 before withdrawal = £4.72 – (£4.53×0.9819) = £0.27 (cost per hour £2.42)

Comments – The negative values indicate that the player has an advantage. The advantage drops away quickly until the house once again gains the edge when the withdrawal target reaches 20xdeposit. Regardless, played at this bet size this bonus is still more beneficial to the player than playing without a bonus in terms of both overall cost and cost per hour. It should be noted that the advantage the player has at this betting level is actually lower than that gained at the £0.54/spin level. This is due to the significant reduction in the value of the bonus itself at such a high bet level (where the majority of the win will be voided).

Redbet and All British

The first deposit bonus available at both Redbet and All British casinos is 100% up to €/£100 with a 35xbonus wagering requirement, €/£5 of bonus max bet and no max withdrawal.

100% bonus on €/£100 deposit bet size €/£0.09/spin (€/£0.01/line)

Loss Playing WR without a bonus = €/£136.50 (cost per hour €/£2.63)

Value of the bonus €/£23.03

Loss Playing with a target of €250 before withdrawal = €/£86.15 -(€/£23.03×0.9475) = €/£64.33 (cost per hour €/£1.97)

Loss Playing with a target of €500 before withdrawal = €/£100.00 -(€/£23.03×0.9989) = €/£77.00 (cost per hour €/£2.03)

Loss Playing with a target of €1000 before withdrawal = €/£100.00 -(€/£23.03×1.0000) = €/£76.97 (cost per hour €/£2.03)

Loss Playing with a target of €2000 before withdrawal = €/£100.00 -(€/£23.03×1.0000) = €/£79.97 (cost per hour €/£2.03)

Comments – Across the board this bonus is better for players than playing without a bonus in terms of both overall cost and cost per hour.

100% bonus on €/£100 deposit bet size €/£0.54/spin (€/£0.06/line)

Loss Playing WR without a bonus = €/£136.50 (cost per hour €/£8.64)

Value of the bonus €/£48.25

Loss Playing with a target of €/£250 before withdrawal = €/£30.81 -(€/£48.25×0.7683) = -€/£6.26 (cost per hour -€/£0.73)

Loss Playing with a target of €/£500 before withdrawal = €/£55.53 -(€/£48.25×0.9206) = €/£11.11 (cost per hour €/£0.97)

Loss Playing with a target of €/£1000 before withdrawal = €/£82.54 -(€/£48.25×0.9838) = €/£35.07 (cost per hour €/£2.55)

Loss Playing with a target of €/£2000 before withdrawal = €/£97.68 -(€/£48.25×0.9989) = €/£49.48 (cost per hour €/£3.34)

Comments – The negative values indicate a player advantage. Across the board this bonus is better for players than playing without a bonus in terms of both overall cost and cost per hour.

100% bonus on €/£100 deposit bet size €/£4.95/spin (€/£0.55/line)

Loss Playing WR without a bonus = €/£136.50 (cost per hour €/£144.79)

Value of the bonus €/£71.97

Loss Playing with a target of €250 before withdrawal = €/£11.37 -(€/£71.97×0.7920) = -€/£45.63 (cost per hour -€/£55.30)

Loss Playing with a target of €500 before withdrawal = €/£16.51 -(€/£71.97×0.8872) = -€/£47.34 (cost per hour -€/£49.81)

Loss Playing with a target of €1000 before withdrawal = €/£24.79 -(€/£71.97×0.9427) = -€/£43.06 (cost per hour -€/£40.62)

Loss Playing with a target of €2000 before withdrawal = €/£38.45 -(€/£71.97×0.9741) = -€/£39.45 (cost per hour -€/£33.32)

Comments – The negative values indicate a player advantage. Across the entire report this is the first point where we’ve seen a significant player advantage from bonus play. The player is FAR better off, regardless of pre-bonus withdrawal target, taking the bonus than they are without a bonus in terms of both overall cost and cost per hour.

BETAT

The first deposit bonus available at BETAT casino is 100% up to £500 with a 30xbonus wagering requirement, £5 of bonus max bet and no max withdrawal.

100% bonus on £500 deposit bet size £0.09/spin (£0.01/line)

Loss Playing WR without a bonus = £585.00 (cost per hour £2.63)

Value of the bonus £54.99

Loss Playing with a target of £1250 before withdrawal = £499.99 -(£54.99×1.0000) = £445.00 (cost per hour £1.08)

Loss Playing with a target of £2500 before withdrawal = £500.00 -(£54.99×1.0000) = £445.01 (cost per hour £1.08)

Loss Playing with a target of £5000 before withdrawal = £500.00 -(£54.99×1.0000) = £445.01 (cost per hour £1.08)

Loss Playing with a target of £10000 before withdrawal = £500.00 -(£54.99×1.0000) = £445.01 (cost per hour £1.08)

Comments – The bonus/deposit size is so large that the bet size is unrealistically small. Fundamentally the targets are unachievable which results in complete loss of all deposited funds.

100% bonus on £500 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £585.00 (cost per hour £15.80)

Value of the bonus £149.46

Loss Playing with a target of £1250 before withdrawal = £401.52 -(£149.46×0.9258) = £263.15 (cost per hour £4.41)

Loss Playing with a target of £2500 before withdrawal = £492.81 -(£149.46×0.9972) = £343.77 (cost per hour £5.04)

Loss Playing with a target of £5000 before withdrawal = £499.98 -(£149.46×1.0000) = £350.52 (cost per hour £5.10)

Loss Playing with a target of £10000 before withdrawal = £500.00 -(£149.46×1.0000) = £350.54 (cost per hour £5.10)

Comments – Again we can see with the higher withdrawal size is simply out of sync (too high) for the size of the bet size. This results in no possibility of reaching the target and a guaranteed loss of the entire deposit.

100% bonus on £500 deposit bet size £4.95/spin (£0.55/line)

Loss Playing WR without a bonus = £585.00 (cost per hour £144.79)

Value of the bonus £294.82

Loss Playing with a target of £1250 before withdrawal = £103.96 -(£294.82×0.7472) = -£166.33 (cost per hour -£44.51)

Loss Playing with a target of £2500 before withdrawal = £191.84 -(£294.82×0.8969) = -£72.58 (cost per hour -£14.67)

Loss Playing with a target of £5000 before withdrawal = £309.93 -(£294.82×0.9660) = £25.13 (cost per hour £11.74)

Loss Playing with a target of £10000 before withdrawal = £431.28 -(£294.82×0.9936) = £138.35 (cost per hour £46.45)

Comments – Again the withdrawal targets play a significant factor. As the maximum allowed bet is comparatively low compared with the deposit size, reaching higher targets becomes highly unlikely meaning that the player advantage seen with lower withdrawal targets rapidly evaporates as the withdrawal target increases, though it should be noted that at lower withdrawal targets this bonus/betting level provides the player with the biggest expected win of all bonuses analysed in this report.

Given the high deposit required to access the maximum bonus, while retaining a maximum bet that is, proportionate to the deposit, far lower than the other bonuses we’ve looked at, this has created a distorted impression of the value of the BETAT bonus. As such we’ll look at the same bonus with a deposit size that’s more in line with the other bonuses we’ve reviewed.

100% bonus on £100 deposit bet size £0.09/spin (£0.01/line)

Loss Playing WR without a bonus = £117.00 (cost per hour £2.63)

Value of the bonus £27.58

Loss Playing with a target of £250 before withdrawal = £86.15 -(£27.58×0.9475) = £60.08 (cost per hour £0.80)

Loss Playing with a target of £500 before withdrawal = £100.00 -(£27.58×0.9989) = £72.45 (cost per hour £0.88)

Loss Playing with a target of £1000 before withdrawal = £100.00 -(£27.58×1.0000) = £72.42 (cost per hour £0.87)

Loss Playing with a target of £2000 before withdrawal = £100.00 -(£27.58×1.0000) = £72.42 (cost per hour £0.87)

Comments – Across the board this bonus is better for players than playing without a bonus in terms of both overall cost and cost per hour.

100% bonus on £100 deposit bet size £0.54/spin (£0.06/line)

Loss Playing WR without a bonus = £117.00 (cost per hour £15.80)

Value of the bonus £51.46

Loss Playing with a target of £250 before withdrawal = £30.81 -(£51.46×0.7683) = -£8.73 (cost per hour -£1.14)

Loss Playing with a target of £500 before withdrawal = £55.53 -(£51.46×0.9206) = £8.16 (cost per hour £0.79)

Loss Playing with a target of £1000 before withdrawal = £82.54 -(£51.46×0.9838) = £31.91 (cost per hour £2.55)

Loss Playing with a target of £2000 before withdrawal = £97.68 -(£51.46×0.9989) = £46.28 (cost per hour £3.41)

Comments – Again we see an expected player win at the lowest withdrawal target that evaporates quickly as the withdrawal target is increased.

100% bonus on £100 deposit bet size £4.95/spin (£0.55/line)

Loss Playing WR without a bonus = £117.00 (cost per hour £144.79)

Value of the bonus £73.49

Loss Playing with a target of £250 before withdrawal = £11.37 -(£73.49×0.7920) = -£46.83 (cost per hour -£65.17)

Loss Playing with a target of £500 before withdrawal = £16.51 -(£73.49×0.8872) = -£48.69 (cost per hour -£58.59)

Loss Playing with a target of £1000 before withdrawal = £24.72 -(£73.49×0.9427) = -£44.56 (cost per hour -£47.78)

Loss Playing with a target of £2000 before withdrawal = £38.45 -(£73.49×0.9751) = -£33.21 (cost per hour -£31.52)

Comments – Comments – We see an interesting switch where the additional likelihood of using the bonus actually outweighs the higher withdrawal target at 5xdeposit, but this drops off again by the time we increase to 10xdeposit.

How to simulate this bonus structure

The bonus structure used be the operators detailed in this article is not simple and there is no straight forward way to simulate it using the Beating Bonuses Two Tier calculator as there was with the more simple bonus structure examined in the last article.

The approach we took was to break the bonus into two parts: The pre-bonus deposit only play and the bonus play.

To simulate the pre-bonus play we had to select a withdrawal target – a point where if the player won they’d stop playing and withdraw. To do this we set the simulator to the required deposit, no bonus, no wagering requirement, the required bet size, the defined withdrawal target and selected the check box ‘Always to target’ (meaning that the simulator will simply keep playing until either the withdrawal target is reached or the deposits is lost and hence bonus triggered). The figures we need from this simulation are the ‘Average Value’ – we’ll call this ‘Average Value Pre-Bonus’ and the ‘Bust %’.

To simulate the bonus play we had to set the simulator to zero deposit, the required bonus size, the required wagering requirement, the required bet size, a very large (unachievable) target, un-tick ‘Always to target’ and tick ‘Maximum Return’ entering in an amount of 4x the bonus. The figure we need from this simulation is the ‘Average Value’ – we’ll call this ‘Average Value Bonus’

Once these simulations have been completed we use the following formula to calculate the value of the bonus to the player:

Bonus Value = [Average Value Pre-Bonus] + ([Average Value Bonus] x [Bust %])

Optimal Strategy for this bonus structure

We have not used optimal strategy when assessing the value of the bonuses reviewed in this report. This is simply because optimal strategy is not likely to be an intuitive strategy for the average player. Those players that would apply optimal strategy should be able to do much of the work that went into this report by themselves.

For the sake of completeness we will however provide a rough approximation of the optimum strategy. This falls into 2 categories: with a low max withdrawal and without.

When playing with a low maximum withdrawal on bonus fund the player should look to set a low withdrawal target and use the highest bet allowed without using any part of the bonus. This will minimise the play required to either reach your withdrawal target or lose your deposit.

If you use any part of the bonus you should immediately drop your bets to the minimum allowed, grind through the wagering requirement and withdraw.

The difference when playing without a low max withdrawal is that if you start using the bonus funds there are no benefits to dropping your bet. In fact, the higher your bet the more beneficial this will be to your expected results.

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