If you do not already have a firm grasp on what EV is then it is recommended to read this post first.
Simple answer... no! Casino is hands down more profitable than matched betting but this is an objection that is heard all too often:
Casino is just gambling
It's all luck
The house always wins in the end
I tried it for a bit but didn't win anything
Whilst these...
Estimated Value (EV) is the profit or loss that we would expect to achieve from a casino offer should we repeat it an infinite amount of times and is the most important metric when assessing a casino offer.
The first, and most obvious, factor is if the EV is positive or negative. If an offer has a positive estimated value (+EV) then we have an edge over the casino and an offer is usually worth...
Lets make an important distinction straight away. The term EV Calculator is often used interchangably to describe 2 very different approaches that attempt to achieve the same goal:
A calculator will take some information from you, for example bonus amount, wagering requirements and RTP and perform a simple formula to calculate the EV.
A simulator is much more advanced, it calculates EV by vi...