Bonus Calculator
A $500 bonus is rarely worth $500. See its real value — broken down by our True Value model — or compare the bonuses we've tested.
Paste the terms of any casino or sportsbook welcome bonus — ours or anyone else’s — and see what it’s really worth after the wagering requirement.
The bonus terms
Add rakeback or free spins (optional)
Real value
Where the value comes from
Computed at a 3% blended house margin against the wagering requirement. A $500 headline bonus rarely returns $500 — the requirement is what decides. Methodology last updated 2026-04-30. How this works →
What this calculator shows
Every welcome bonus on this page is scored using our True Value methodology — the actual dollar amount you’d expect to keep after meeting the wagering requirement, computed at a fixed 3% blended margin. The number you see for each bonus is the composite True Value at our reference scenario ($100 deposit, methodology-derived wager volume).
Reading the True Value range
Some bonuses have a low and high True Value bound. The low is the worst-case math (e.g. high-vig markets for sportsbook free bets, naive recovery assumptions for risk-free bets). The high is the best-case math (e.g. low-vig markets, optimal play). For deterministic bonuses (e.g. clean deposit matches), low and high are equal — the calculator shows a single value.
The verdict label (Excellent / Good / Average / Poor / Avoid) is derived from the composite low bound. A bonus with True Value of $0 — common for high wagering requirements — gets “Avoid”.
How to use the wager-volume override
The wager-volume input lets you replace our default reference scenario with your own. If you know you typically wager $5,000 in your first 30 days, enter that and the True Value updates to reflect your actual play volume. Wager-anchored bonus components (rakeback, cashback) scale linearly with this input.
For the full math, the four locked methodology assumptions, and the wagering-requirement-impossibility threshold (33×, where bonuses cross to mathematically zero value), see our True Value methodology.