Bonus 2x wagering required, No deposit, Dice 50% chance. All-in.
Bonus amount withdrawable after completing the requirement.
There are 3 possible outcomes:
1 Win Win (25% probability) Balance : 2.6
2 Win Lose (25% probability) Balance : 0.8
3 Lose (50% probability) Balance : 0
EV : 2.6*0.25+0.8*0.25 = 0.85.
1, 0.9, 0.85, ........
We are looking for the average EV and the best possible EV?
(Variance and deposit/no deposit are not relevant.)
Well they are.
If I'm doing it right, it there an easy way to calculate Bonus Value with 100x or more?
Nope. You would need to know the variance of the game you are playing, just finding that is difficult.
Are you referring to Pocketdice? Their cashback is +EV, all the rest is -EV.