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Casino offers · Academy

Lesson 4 of 8

Your first casino offer

How much did the offer actually make after the deposit, qualifying play and free spins?

Jump to the full exercise ↓

Check the terms, then compare what you can withdraw with what you deposited. Qualifying play can lose, and free spins can pay nothing. This practice run uses example figures so you can do the maths without opening an account.

The example offer

Deposit £10 and play £10 on an eligible slot to receive 20 free spins at 10p each. In this example, anything the free spins win becomes withdrawable cash. This is a simplified version of a common sign-up offer, not a current operator promotion.

Your online account shows a £10 cash balance after the deposit. At the end, compare the withdrawable cash balance with the £10 you deposited. A live offer will have its own eligibility, game, stake and reward rules, which you must check before starting.

Try the whole offer

Work out the qualifying spins, see what they returned, then add the free-spin winnings. Nothing here connects to a casino.

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Work out the qualifying spins

You choose 10p spins on the eligible slot. How many spins give £10 of total stakes?

Show the calculation

£10 ÷ 10p = 100 spins. That is the amount staked in total, not a prediction of what will be left in the account.

Check the worked numbers

For the expected-value calculation, assume the eligible slot has a stated 96% theoretical return (RTP). The £10 of qualifying stakes has an estimated cost of 40p. The 20 free spins carry £2 of stakes and an estimated cash return of £1.92, assuming the same RTP and this example's cash-withdrawal rule. That gives £1.52 estimated value across many comparable runs. It is not a payout for this one.

Cash after qualifying playFree-spin cash wonFinal withdrawable cashProfit or loss vs £10 deposit
£8.50£0.00£8.50−£1.50
£10.40£1.50£11.90+£1.90
£12.00£4.00£16.00+£6.00

These are examples of cash arithmetic, not odds for those outcomes. On a real offer, check that the spins actually arrive and that winnings are withdrawable cash. If either differs, stop and read the offer terms before playing or depositing more.

What to do

For a live offer, check eligibility, opt-in, game contribution, maximum stake, expiry, reward type, wagering and withdrawal cap before depositing. Use the wagering calculator for turnover and the Slot Searcher to check game data. Record the estimated value and settled cash change separately in the Profit Tracker. If you are topping up to chase a bonus, stop there.

Check you have it

The worked offer has an estimated value of £1.52, but your settled qualifying play lost £1.50 and the free spins paid nothing. What do you record as profit?

Examples are fictional and for learning. Offer terms and prices change. 18+. Only stake what you can afford to lose.

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Record your profit and expected value

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