How do I calculate the ev of sticky bonuses?

[samppa]

Sticky Bonus: 100 % up to 100 e, wr 50 x bonus, BJ is allowed game

So I deposit 100 e and my plan is to reached 600 e with big bets in BJ (HE 0,5 %). What is the ev of this bonus? What if my goal is 4 x d+b = 800, what is the ev then?

[Masa]

Roughly 58,33€ with 600€ target, and 68,75€ with 800€.

[samppa]

Would you please add also the formula so that I can self calculate the ev in the future, thanks.

[Masa]

For example with that 600€ target: (3 x 100€ - 25€ - 100€) : 3 = 58,33

First you triple your bonus money, then remove expected loss in wagering and the sticky bonus and divide it to three.

[Peixinho]

For example with that 600€ target: (3 x 100€ - 25€ - 100€) : 3 = 58,33

First you triple your bonus money, then remove expected loss in wagering and the sticky bonus and divide it to three.

And because house edge also applies when you're doing the tripling part, the odds are not 33,33% to succes but little less. Actually house edge is bigger when playing with big bets because of possible doubling/split hands that can't be done.

Masa's calculation 58,33 is correct but I'd say the actual true EV is closer to 50 with 3x target. 4-5x target is much better for these sticky bonuses.

[Doat]

Hello! Just want to ask what is the meaning of those, EV WR BJ, d+b?

EV = Expected Value, WR = Wagering Requirement, BJ = Blackjack, d+b = deposit + bonus, HE = House Edge

[megan isla]

The basic formula for EV on a standard bonus is:
(Bonus Dollars) - [(Bonus dollars) x (wager requirements) x (house edge)]

You can increase EV dramatically by setting a high target and increasing bust risk.