The Price Tag / the deposit match
priced from the multiple
What a deposit match costs to take
A 100% match doubles what is credited, not what is reachable. This page prices the credit from the multiple the label attaches to it.
Desk spec
- deposit
- 50.00
- match printed
- 50.00
- wagering multiple
- 35x
- turnover required
- 1,750.00
- expected cost at 4%
- 70.00
- net after edge
- -20.00
the printed figureWhat the label names on its face. Across 1,200 sampled labels the headlines averaged 405.00 and summed to 486,000.00.
the reachable figureWhat remains after the conditions are met at the named weighting. Reachable averaged 82.83 and summed to 99,400.00, about 4.9 times less than printed.
the paid figureWhat left the account. Of the 99,400.00 reachable, 61,200.00 was withdrawn, so a label pays 12.6% of the number it names.
Direct answer
A 100% match on a 50.00 deposit prints 50.00 of credit and attaches a multiple to it. At 35x the credit must be staked 35 times, which is 1,750.00 of turnover. At a 4% edge that turnover is expected to cost 70.00, more than the credit is worth, so the match has a negative expected value before any win.
The credit is not the deposit
The deposit is money the reader already had. The match is credit the operator grants. Only the credit carries the multiple, and only the credit is forfeited if the conditions are unmet. The two are printed as one number on the label and are two different things in the account.
50.00 deposit, 100% match, 35x
deposit 50.00 the reader money
credit printed 50.00 the label number
wagering multiple on credit 35x
turnover 1,750.00
expected cost at 4% 70.00 the price of the credit
net expected after edge -20.00 the credit is worth less than its own price
What the multiple decides
- The turnover: multiple times the credit, not the deposit.
- The weighting: a 50% weighting doubles the turnover for the same credit.
- The clock: a 7-day window turns an unmet multiple into a forfeit.
- The ceiling: a maximum win caps what the turnover can ever return.
The label is accurate: it does print 50.00 of credit. The reachable figure is what the arithmetic above leaves, and it is not printed on the face of the offer.