Learning goals and lesson guide
**Estimated reading time:** 7 min read.
**Level:** Beginner. **Study time:** Allow 25–30 minutes with the worksheet. **Prerequisites:** Budgets, returns and percentages. Every promotion below is fictional. These examples do not describe a current CrazywinGO offer or any operator's live terms.
A banner advertises a 100% bonus. That tells you a matching percentage, but it does not tell you whether the funds are withdrawable, which activity qualifies, how much turnover is required or when the offer expires. Reading a promotion means connecting the headline to the complete conditions.
This lesson teaches you to calculate a capped match, distinguish a deposit from bonus funds, identify the base of a wagering multiplier and check contribution percentages. You will also learn to recognise when a promotion conflicts with a prewritten budget. Understanding the arithmetic does not create an obligation to participate.
## 1. Identify eligibility and the qualifying action
Start with who is eligible: new or existing customers, first deposit or later deposit, specified account conditions and any opt-in requirement. Then identify the qualifying action, minimum amount, deadline and payment-method restrictions. A headline may leave these details elsewhere on the page.
Do not assume every account sees the same offer. A targeted promotion may have different conditions from a public banner. Record the version and date of the actual terms being studied. An old screenshot is not sufficient evidence that the same promotion is available today.
Keep the deposit separate from the bonus. A deposit is money transferred into the account; a bonus is promotional value subject to its terms. Neither the displayed combined balance nor the word “credited” establishes that the full amount can immediately be withdrawn.
## 2. Calculate a percentage match with a cap
In a fictional 100% match capped at PHP 1,000, a qualifying PHP 600 deposit produces a PHP 600 bonus. A PHP 1,500 deposit produces at most PHP 1,000 in bonus value under that simple cap. The formula is the smaller of the percentage-based amount and the stated maximum, assuming every other condition is met.
| Qualifying deposit | 100% calculation | Bonus after PHP 1,000 cap | | --- | --- | --- | | PHP 400 | PHP 400 | PHP 400 | | PHP 1,000 | PHP 1,000 | PHP 1,000 | | PHP 1,500 | PHP 1,500 | PHP 1,000 |
The table does not establish a minimum deposit or withdrawal right; those are separate terms. A larger deposit is not automatically beneficial just because the headline uses a percentage. Do not increase planned spending simply to reach a promotional maximum.
## 3. Read the base of the wagering requirement
“Ten times bonus” and “ten times deposit plus bonus” produce different amounts. Suppose the deposit is PHP 500 and the bonus is PHP 500. Ten times the bonus equals PHP 5,000 of qualifying turnover. Ten times the combined PHP 1,000 equals PHP 10,000.
Turnover means the amount counted toward the requirement under the promotion's rules. It is not the amount of profit required, nor is it a prediction of how much money will remain. Reusing returned funds can contribute additional turnover where permitted, but losses can reduce the balance before a requirement is completed.
Write the formula in words before calculating it. If the wording is ambiguous, do not choose the smaller interpretation because it seems more attractive. Mark the requirement unresolved and obtain the complete terms.
## 4. Contribution percentages change what counts
Assume a fictional requirement needs PHP 5,000 of credited turnover. An eligible activity contributing 100% credits PHP 100 for each PHP 100 staked. One contributing 20% credits only PHP 20 from the same stake. An excluded activity contributing zero credits nothing.
If all activity counted at 20%, PHP 25,000 of raw stakes would be needed to produce PHP 5,000 of credited turnover: 5,000 ÷ 0.20. This is arithmetic, not a recommendation to generate that amount. It shows why a small-looking bonus can be attached to substantial activity.
For a mixed example, PHP 1,000 at 100% plus PHP 2,000 at 20% gives PHP 1,400 credited turnover. Adding the raw stakes alone would incorrectly suggest PHP 3,000 progress. Keep separate columns for amount staked, contribution rate and credited amount.
## 5. Check exclusions and other restrictions
Terms may restrict games, providers, markets, minimum odds, maximum stake, certain combinations or cash-out treatment. A sports-related site can still offer a promotion that excludes sportsbook activity. Do not infer eligible products from the site's overall branding.
An exclusion list must be complete. “All games except…” cannot be safely summarised without the exceptions. If the list is cut off in a screenshot, mark the missing part rather than inventing names. The same applies to a maximum-stake rule: a learner cannot evaluate compliance without its actual amount and scope.
Separate the promotional deadline from the completion period. An offer may need to be claimed by one date and completed within a number of days after crediting. Timezones and the event that starts the clock matter. Use exact dates where possible instead of an unexplained “30 days left.”
## 6. Bonus value is not the same as cash value
Different products treat promotional stakes and winnings differently. A free-bet token may return only winnings rather than the token's face value. A bonus balance may carry withdrawal restrictions. A cash reward may have different conditions. Read the product definition before using a standard cash-stake formula.
For a purely fictional token worth PHP 100 at odds of 2.50, assume the rules explicitly return winnings only and exclude the token stake. The credited amount on success is PHP 100 × (2.50 − 1) = PHP 150, not PHP 250. If the terms instead describe a cash stake, the ordinary total return calculation is different.
This example illustrates why two promotions with the same headline amount can have different practical conditions. Do not compare them by face value alone, and do not describe a restricted amount as guaranteed withdrawable money.
## 7. A worked promotion worksheet
Consider a fictional offer with a PHP 500 deposit, PHP 250 bonus, eight-times bonus requirement and 50% contribution for the activity being studied. The credited-turnover target is PHP 2,000. If only that 50% activity is used, raw stakes of PHP 4,000 would be needed to reach the target, assuming all other conditions are satisfied.
Now add a 14-day completion period and an excluded market. The arithmetic alone no longer supplies the whole answer. You must know when the period starts, whether the chosen activity is eligible and whether other restrictions apply. A balance could be lost before completion, so the requirement should never be presented as a guaranteed path to withdrawal.
Write a final note: “The headline amount is PHP 250, but the studied terms require PHP 2,000 credited turnover and restrict eligibility and timing.” That is a factual description of this invented example. It is not an endorsement of participation.
## 8. Review questions and answers
1. A 50% match is capped at PHP 300. What bonus corresponds to a qualifying PHP 800 deposit? 2. With deposit PHP 400 and bonus PHP 200, what is five times bonus compared with five times deposit plus bonus? 3. How much credited turnover comes from PHP 600 at 25% contribution? 4. Does an excluded product count toward a requirement merely because it is available on the same website? 5. Does bonus crediting prove immediate withdrawal eligibility? 6. What should happen if a promotion requires spending beyond a prewritten limit?
### Explained answers
1. The percentage calculation gives PHP 400, but the cap limits the bonus to PHP 300. 2. PHP 1,000 compared with PHP 3,000. The calculation base changes the result substantially. 3. PHP 150: 600 × 0.25. 4. No. Availability and promotional eligibility are separate. 5. No. Withdrawal conditions must be read separately. 6. The promotion should not override the limit. Declining it is a valid decision; there is no requirement to complete an offer.
## 9. Completion check
You should now be able to turn a promotional headline into a structured terms sheet covering eligibility, amount, cap, turnover base, contribution, exclusions, deadlines and withdrawal conditions. Any missing field remains a question, not a favourable assumption.
Revisit [budget boundaries](https://betting.crazywingo.ph/article/betting-budget-limits-avoid-chasing-losses), [returns](https://betting.crazywingo.ph/article/read-betting-odds-calculate-payouts), [market identification](https://betting.crazywingo.ph/article/sports-betting-basics-for-beginners), [market types](https://betting.crazywingo.ph/article/moneyline-spread-total-parlay-beginners) and [probability](https://betting.crazywingo.ph/article/implied-probability-bookmaker-margins-beginners) when needed. The next lesson distinguishes early settlement offers from ordinary returns and refunds.