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 = ???
(Edit; I am looking for the formula.)

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

[casinojack]

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.

What do you mean ? Chance of cashing out after WR ? Is kind of a long day her emaybe I am missing it

[Consultant]

I am looking for the formula to calculate expected value that takes into account all these (and others that I missed) parameters.

The goal is to help my users calculate the EV of the bonus they get. Because I want to take into account the game they play, the casino they play at, ... you have a lot of factors (which I tried to list above) and hence I posted this thread for some help regarding 1. The formula 2. Parameters I forgot.

Sorry for being unclear in the OP.