Calculating the value of free spins can depend on a variety of factors, such as the number of free spins, the wagering requirements, and the maximum cashout limit.
Here is an example of how to calculate the value of free spins using a simple formula:
(Number of free spins x average bet per spin) – (wagering requirements x average bet per spin) = total value
Let’s say a player receives 50 free spins with a wagering requirement of x40 and an average bet per spin of $0.10.
The total value of the free spins would be:
(50 x $0.10) – (40 x $0.10) = $5 – $4 = $1
This means that the total value of the free spins is $1, which is the amount the player can expect to potentially win from the bonus.
It’s also important to keep in mind that the value of free spins can be affected by the maximum cashout limit. If the maximum cashout limit is lower than the potential winnings from the free spins, then the value of the free spins will be lower.
It’s also good to keep in mind that the value of free spins can vary widely depending on the casino and the specific terms and conditions of the bonus. It’s always recommended to read the terms and conditions carefully and understand any restrictions or requirements that may apply before accepting the bonus.
In summary, calculating the value of free spins can depend on a variety of factors, such as the number of free spins, the wagering requirements and the maximum cashout limit. It’s important to consider these factors and use the formula above to determine the value of free spins, and also take into account any other restriction or limitation the casino may have.
