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How the PVI works

Every crypto casino publishes a welcome-bonus headline. The Pot Value Index is a single number — in USDT-equivalent — for what that bonus plus the rest of the reward stack is actually worth to a typical player.

The formula

PVI = Realisable welcome + Free spin value + Rakeback + Cashback

Realisable welcome

Welcome bonus minus expected loss while clearing wagering. We use a weighted house edge of 3.5% slots, 1.5% live, 1.0% Originals, combined by your game mix. If the max bet during bonus is very tight (≤$5) we apply a 15% penalty; tight-but-liveable (≤$10) gets a 8% penalty.

Free spin value

Free spins × $0.20 expected bonus value × 0.40 retention after wagering. This reflects the real-world drag on free spin winnings being locked behind wagering.

Rakeback

Total wagered volume (monthly × months) × effective house edge × stated rakeback %. Rakeback is paid on turnover, not loss, but converted here to the expected-loss equivalent so it compares fairly with cashback.

Cashback

Expected net loss × stated cashback %. Cashback is paid on net loss, so it compounds with rakeback rather than overlapping it.

The default profile

Unless you change it, PVI assumes:

What PVI doesn't model

PVI is not luck. Any single session can beat or miss expected value by orders of magnitude. PVI is the expected realisation of stated promotional terms — what should show up in your balance, on average, across many sessions of the profile you supply.

Three things PVI intentionally doesn't include: VIP bonuses gated behind opaque tiers, one-off promos that come and go, and any value from the sportsbook.

Why publish this

Because nobody else does. Every competitor ranks crypto casinos by either star score (arbitrary) or headline bonus (misleading). PVI is the first comparable metric across brands that corresponds to actual money.

Corrections

If you think the assumptions above are wrong, we want to know. Contact us. We publish PVI formula changes with changelogs.