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Bonus Value Per Dollar
On this page 3 sections
Offers of different shapes can be ranked on one number: what the offer is expected to be worth for every dollar you have to put through the games to release it. Work out that figure and a deposit match, a bonus bet and a free-spins package become directly comparable.
Sportsbook bonuses
Sportsbooks taking US players: welcome offers
Offers checked
- 1
MyBookie Top pick
On the US market since 2014
- Sportsbook
- 8 cryptos accepted
- Live dealer
- Fast payouts
Wagering 10x · Since 2014 · Payouts 12-24 hours · Coins BTC, BCH, LTC, ETH
100% up to $1,000Sportsbook welcome offer
Promo codeMYB100Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 100% up to $1,000
- Wagering
- 10x
- Code
- MYB100
- Casino
- 300% up to $2,000 + 50 free spins
Banking
- Crypto
- BTC, BCH, LTC, ETH, USDT, ADA, DOGE, SOL
- Payouts
- 12-24 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Founded
- 2014
- Licence
- Curacao (Curacao Gaming Authority); licence number 8048/JAZ2014-028 per snippet
- 2
BetUS
Listed by 1 of 8 US review portals
- Sportsbook
- 6 cryptos accepted
- Live dealer
- Fast payouts
Wagering 14x sports · Since 1994 · Payouts 24-48 hours · Coins BTC, BCH, LTC, ETH
125% up to $2,500 (100% sportsbook + 25% casino)Sportsbook welcome offer
Promo codeJOIN125Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 125% up to $2,500 (100% sportsbook + 25% casino)
- Wagering
- 14x sports
- Code
- JOIN125
- Casino
- 250% up to $5,000
Banking
- Crypto
- BTC, BCH, LTC, ETH, USDT, USDC
- Payouts
- 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Founded
- 1994
- Licence
- conflicting: Curacao Gaming Commission (bettingnews, vegasodds); Mwali/Moheli, Comoros (Wizard of Odds, updated 2026-09-17); Anjouan also cited in some snippets
- 3
Bovada
Listed by 6 of 8 US review portals
- Sportsbook
- 7 cryptos accepted
- Live dealer
- Fast payouts
Wagering 5x · Since 2011 · Payouts up to 1 hour · Coins BTC, BCH, BSV, LTC
75% up to $750 with a 5x rolloverSportsbook welcome offer
Promo codeBTCSWB750Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 75% up to $750 with a 5x rollover
- Wagering
- 5x
- Code
- BTCSWB750
- Casino
- 125% up to $3,750 across your first three deposits
Banking
- Crypto
- BTC, BCH, BSV, LTC, ETH, USDT, Bitcoin Lightning
- Payouts
- up to 1 hour
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2011
- Licence
- Anjouan Gaming Board, Union of the Comoros (licence L11549/HM, 2023) and Central Reserve Authority of Western Sahara; historically Kahnawake, then Curacao after 2017
- 4
SportsBetting.ag
On the US market since 2003
- Sportsbook
- 11 cryptos accepted
- Live dealer
- Fast payouts
Since 2003 · Payouts within 24-48 hours · Coins BTC, BCH, ADA, DOGE
50% up to $250 in free bets + 100 free spinsSportsbook welcome offer
Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 50% up to $250 in free bets + 100 free spins
- Casino
- 100 free spins welcome offer
Banking
- Crypto
- BTC, BCH, ADA, DOGE, ETH, LTC, SOL, TRX, USDT, USDC, XRP
- Payouts
- within 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2003
- Licence
- Panama (Panama Gaming Control Board / Gaming Commission) per vegasodds and gamblingnews; lcb.org says no licence disclosed, formerly claimed Antigua
- 5
Xbet
- Sportsbook
- 10 cryptos accepted
- Live dealer
- Fast payouts
Wagering 10x · Payouts within 24-48 hours · Coins BTC, LTC, ETH, BCH
100% up to $200 (crypto) / 50% up to $200 (card)Sportsbook welcome offer
Promo codeXBCRYPTO100Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 100% up to $200 (crypto) / 50% up to $200 (card)
- Wagering
- 10x
- Code
- XBCRYPTO100
- Casino
- 200% up to $500
Banking
- Crypto
- BTC, LTC, ETH, BCH, USDT, DOGE, ADA, BNB, SHIB, SOL
- Payouts
- within 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Licence
- Curacao (gamblingsites, sportsbooks.ag, basketballinsiders); mytopsportsbooks states Costa Rica
- 6
BetOnline
Listed by 2 of 8 US review portals
- Sportsbook
- 16 cryptos accepted
- Live dealer
- Fast payouts
Wagering см. условия оператора · Since 2001 · Payouts up to 24 hours · Coins BTC, ETH, LTC, DOGE
50% free bet up to $250Sportsbook welcome offer
Promo codeFREE250Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 50% free bet up to $250
- Wagering
- см. условия оператора
- Code
- FREE250
- Casino
- 100 free spins + 50% up to $250 in sports free bets
Banking
- Crypto
- BTC, ETH, LTC, DOGE, AVAX, BNB, BCH, ADA, POL (Polygon), XRP, SHIB, SOL, XLM, USDT, TRX, USDC
- Payouts
- up to 24 hours
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2001
- Licence
- Panama (Junta de Control de Juegos / Panama Gaming Control Board)
- 7
SuperSlots
Listed by 3 of 8 US review portals
- 10 cryptos accepted
- Live dealer
- Fast payouts
Wagering 48x · Since 2020 · Payouts 0-48 hours · Coins BTC, ETH, LTC, DOGE
400% up to $4,000Welcome offer
Promo codeCRYPTO400Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 400% up to $4,000
- Wagering
- 48x
- Code
- CRYPTO400
Banking
- Crypto
- BTC, ETH, LTC, DOGE, ADA, SOL, USDT, USDC, BNB, AVAX
- Payouts
- 0-48 hours
Brand facts
- Products
- Casino, Live dealer
- Founded
- 2020
- Licence
- Panama Gaming Commission
- 8
Las Atlantis
Listed by 2 of 8 US review portals
- 6 cryptos accepted
- Live dealer
Wagering 35x · Since 2020 · Payouts 1-3 business days · Coins BTC, ETH, LTC, USDT
280% up to $2,800 on each of first 5 deposits (up to $14,000)Welcome offer
Promo codeLASATLANTISClaim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 280% up to $2,800 on each of first 5 deposits (up to $14,000)
- Wagering
- 35x
- Code
- LASATLANTIS
Banking
- Crypto
- BTC, ETH, LTC, USDT, XRP, DOGE
- Payouts
- 1-3 business days
Brand facts
- Products
- Casino, Live dealer
- Founded
- 2020
- Licence
- Anjouan (Union of the Comoros)
21+ only. These operators hold offshore licences and accept US players; availability depends on your state and local law. Bonus amounts, wagering and codes are taken from each operator's promotions page — read the full terms before you deposit. Gambling problem? Call 1-800-GAMBLER.
Step-by-Step bonus math
The formula for value-per-dollar is simple: subtract the expected loss on the bonus from the bonus amount, then divide by the money required to earn the bonus. Expected loss on the bonus comes from turning the bonus over by the amount required and applying the house edge.
Deposit match example
Take a deposit match on neutral example figures. The offer requires a $10 deposit. On that deposit, the casino matches 100% of the player’s deposit, adding $10 to the bonus. The bonus has a 20X playthrough. If the games the player chooses to use the bonus on have an average house edge of 4% (a typical average across casino games), then the player is expected to lose $0.04 on every dollar wagered. So on the bonus, the player is expected to lose 20X * $0.04 on the bonus, or $0.80. That comes off the bonus, leaving an expected net bonus amount of $10 - $0.80 = $9.20. That value comes at the cost of 20X the player’s $10 deposit minimum, or $200. So the value per dollar is $9.20/($200) = 0.046. Just over four and a half cents for every dollar staked — and note that the size of the match barely moves that figure, because a bigger bonus comes with proportionally more turnover attached.
Bonus bet example
A bonus bet works differently, because there is usually no playthrough at all — the token is staked once and the stake is not returned with a win. Take a $10 bonus bet placed at +300. It returns $30 of profit roughly one time in four and nothing the rest of the time, an expected $7.50. The only turnover it demands is that single $10 bet, so the value per dollar put through is $7.50 divided by $10, or 0.75 — more than fifteen times the deposit match, because nothing has to be recycled through the house edge.
The third type of casino bonus offered by many betting sites is free spins. Free spins are a separate deal for all intents and purposes, and require a player to put down no money to qualify. However, free-spin winnings still require turnover (and may often require more than what would be expected based on the bonus alone). Those winnings also often attract separate cash limits before payouts can even be requested. But by the same standard, free-spin value can be compared to that of deposit matches and bonus bets.
Now the spins, on the same method. Ten free spins at $0.20 each put $2.00 through the reels; on a slot returning 96% the expected winnings are $1.92. Those winnings carry 20x wagering, which is $38.40 of further turnover, and a 4% edge takes about $1.54 of it, leaving roughly $0.38. Against the $40.40 that had to pass through the games, that is under one cent per dollar — and a $20 cashout cap would clip any lucky outcome on top.
Ranked on that one number the order is clear, and it is not the order of the headlines: the bonus bet at 0.75, the deposit match at 0.046, the spins at under 0.01. What separates them is not how large the offer sounds but how many times the money has to cross the house edge before it can be withdrawn.
The inputs change from offer to offer — the multiplier, what it applies to, the game weighting, the cap, the expiry — but the method does not. Take the headline, subtract what the required turnover is expected to cost at the house edge, apply the cap, and divide by the turnover. One number, and the offers sort themselves.
