EV (Expected Value)
Expected value multiplies each possible outcome by its probability and sums the results. A negative EV bet loses money on average; casino games are…
Expected value multiplies each possible outcome by its probability and sums the results. A negative EV bet loses money on average; casino games are negative EV by design, with the house edge equalling the negative EV per unit staked.
Bonus EV analysis applies the same maths to promotions, weighing bonus value against wagering requirement, game RTP and the probability of busting before completion.
iGaming Awards Hub — site index