How to automatically calculate expected value of a bonus?

[Consultant]

Hi,

Imagine one wanted to make a calculator where you could easily calculate EV of a bonus. The goal is to make this universal, so for casino, poker, slots, bingo, betting, ... you get the idea.

As far as I know the following factors have to be taken into account:
- Deposit
- Bonus %
- Wager Requirements: B, D or B+D (or simply as 'flat' number)
- Bonus given before or after WR
- Bonus cashable, sticky and remains in account when withdraw winnings, sticky and deleted from account when withdraw winnings
- House edge
- Game that will be played
- Website that will be played
- % game contributes to WR at the site (or is this per software platform?)
- Comp points earned/wager
- $ value/comp points

Is this everything? Is this universal (even forex?)

Now EV = ???

$5 via Paypal for the one with the first answer that is universal and robust.

 

[Vladi]

There are several other sites that already do something like this. e.g. beating bonuses dot com

Good luck convincing someone to give you a piece of work as complex as this for $5! That's laughable.

 

[Consultant]

Gee ok I'll drop the beer money than. The $5 is incentive money, it's not a project or something. I would've asked a math major if I needed this.

I'll work on this in a few weeks when I need it, will post the result with whatever input I have than.

Thanks for the link. Will look into it.