Whenever a casino makes such a promise – a 200 or even 300 percent bonus – all potential players are wondering: how much is the bonus amount? So, let’s talk about the offer “$100 bonus = $300.” Until you read all the terms and conditions of this bonus offer, such a deal seems unbeatable. But this still doesn’t tell us how much of this amount we’ll receive in cash.
At DealGamble.com, we review all welcome bonuses based on their EV (Expected Value). This allows Canadian players to see just how much these bonuses are worth. A 100 percent match with fair terms and conditions can easily pay out much more in cash than a 200 percent offer with unfair terms.
Every welcome bonus has a wagering requirement, which is normally defined as a multiplier such as 35x. That figure indicates how many times you must bet before you are allowed to withdraw.
The difference between offers comes down to the wagering base. Some casinos apply the multiplier only to the prize amount. Others apply it to the deposit and the bonus combined, often written as D+B. That single detail can triple the total amount you need to bet.
The table below shows how this plays out with a $100 CAD deposit:
| Offer A (100% match) | Offer B (200% match) | |
|---|---|---|
| Your deposit | $100 CAD | $100 CAD |
| Bonus received | $100 | $200 |
| Wagering type | 35x bonus only | 35x (D+B) |
| Total, you must bet | $3,500 | $10,500 |
Similarly, Offer B promises a doubled bonus, but the total wager required is three times higher. A player who takes Offer B will spend $10,500 grinding just to earn the $200 promised. A significant factor to note when accepting any offer or promotion is that one must first multiply the total amount by the base value. DealGamble highlights the details of the tables for each casino review.
Experienced players ignore the match percentage and focus on expected value. The standard formula looks like this:
EV = Bonus Amount - (Total Wagering x House Edge)
A 96% RTP slot has a house edge of 4%. This means that in the long run, the casino gets a 4-cent profit for every dollar you feed it. Here’s an example for a $100 prize, with a 40x playthrough:
This means the player will lose about their deposit of $60 on average to clear this bonus. This promotion does not offer profit. It will actually mitigate overall losses, as playing without the offer results in losses. There are, of course, profitable EV bonuses, and they rarely come by in the presence of the following circumstances:
DealGamble flags those offers in our listings. They disappear fast, so checking the site regularly is worth the effort.
Casinos offset the risk of larger match bonuses by attaching stricter conditions. Three restrictions come up most often:
The full terms are always available on the casino site itself. DealGamble links directly to those pages so players can verify current conditions.
Beyond the match percentage itself, the prize structure controls the actual way the money performs when it reaches an account. There are two main kinds around today, and their difference can be vastly more significant than the match percentage itself:
A 100% non-sticky offer beats a 200% sticky one in nearly every scenario. The non-sticky structure preserves the option to walk away with profits at any point. The sticky structure commits a player to the full grind regardless of early results.
Three red flags signal that a high-match bonus is likely not worth the effort:
When two or three of these conditions apply, the offer is best avoided. DealGamble’s listings include alternatives with cleaner terms.
The bigger the match percentage, however, does not in itself guarantee that players get a better deal. So, the total wager, wagering base, max cashout limit, time limit, and bonus type are what need to be focused on. Performing these tests before signing up to any offer is what is going to be most beneficial for one’s bankroll.
