Method sheet Revision 1 Counted 16 October 2026

How a count is priced

One expression produces every total on this site, and this sheet takes it apart. A count of 125 spins at 10p is £12.50 at face, £12.00 once the reels have had their share, and £0.00 the moment a twenty-five times turnover is written over it.

Spins counted 125 Price of one 10p Comes to at 25x £0.00

1

The line, letter by letter

Five letters carry the whole method, and here they are in one line.

E = B x (1 – W x (1 – RTP) / g)

Read as a sentence: what survives equals what was credited, less the share of it that turning it over is expected to eat.

  • E is what is left at the foot. Every sheet here is built to arrive at it.
  • B is the credit, valued by what it actually buys and not by the label on the headline.
  • W counts the turnovers a cashier demands of that credit ahead of any withdrawal.
  • RTP is the proportion of staked money a game gives back over a long run.
  • g is the weight the game carries towards the obligation, where one means a staked pound counts a whole pound.

In the middle, W multiplies the house’s share of each pound and g divides it, which gives the slice of credit an obligation eats. Deduct that slice from one, multiply by the credit, and the answer arrives in pounds and pence.

2

What B is when the count is spins

This is where arithmetic about a headline usually goes wrong, and the error is the same every time: treating the face value as the credit.

A count of spins is not cash. 125 spins funded at 10p is £12.50 of stake handed over, and a reel giving back 96 pence in the pound returns £12.00 of that on average. So B here is £12.00, not £12.50. The missing 50p is the house edge, taken before a single condition has been read.

Where a credit arrives as money instead, B is that money and no conversion is needed. A £12.00 bonus has B of £12.00. The same headline therefore carries two different values depending on which shape it comes in, which is the first reason a count is not a quantity until somebody prices one of them.

A reader’s own deposit never joins B. It was bought, not given, so it is run through the line separately and reported on its own. That is why matched money lives in counted against a payment and free counts live in counted at the door.

3

Four figures held still

Four inputs are fixed across the whole site. They are held still on purpose, so that one sheet can be set beside another and what differs between them is the offer rather than the arithmetic.

The four inputs, as fixed
Input Held at What kind of figure it is
Value of one spin10pAn assumption. No rule sets a spin’s worth.
Return to player96 per centAn assumption, round and near the middle of the band.
Turnover multiple40 timesAn assumption about this part of the market.
Game weighting1An assumption, and the generous one.

Every one of them is an input and not a reading taken off anybody’s cashier. Where a sheet has to shift one, it shifts it in a sentence that names the reason on the spot. Move an input and every total moves behind it, which is the honest reason a total struck here can differ from one struck anywhere else.

Whole weighting is worth a word, because it flatters every offer on this site. A game contributing less than its full stake lengthens an obligation and never shortens it, so holding g at one puts the thumb on the offer’s side of the scale rather than on this site’s.

4

Twenty-five, out of one division

One division settles every turnover condition the site meets. A reel returning 96 pence holds 4 pence back out of each pound, so 25 passes is the most a credit can fund. Divide one by 0.04 and 25 is what comes out.

Below 25 something survives. At 25 the credit is spent exactly and the line reads nought. Above 25 the line turns negative, which means the obligation has reached past the credit and into the reader’s own money.

The number is not fixed in law and not fixed at all: it is the reciprocal of whatever margin a reel keeps. Break-even on a 92 per cent reel is 12.5 passes, and on a 97 per cent reel 33.3. With 96 per cent as the standing assumption here the crossing sits at 25, and a reader carrying that one figure can price any headline in this market unaided.

5

One count, four multiples

Take 125 spins at 10p, B of £12.00, and write four different multiples over it.

125 spins, four conditions
Turnover asked Staking owed Expected cost of it Left at the foot
Nonenothing£0.00£12.00
Ten times£120.00£4.80£7.20
Twenty times£240.00£9.60£2.40
Twenty-five times£300.00£12.00£0.00
Forty times£480.00£19.20£7.20 short

The bottom row is the one to sit with. £19.20 of expected charge cannot come out of £12.00 of credit, so the credit goes and £7.20 measures how far past it the condition reached. The line agrees: one minus 1.6 is minus 0.6, and £12.00 times minus 0.6 is minus £7.20.

Length comes with it. At 10p a press, £480.00 of staking is 4,800 presses, and with the 2.5 seconds a licensed reel must leave between cycles that is 3 hours 20 minutes of deliberate pressing for an expected nothing.

6

Weighting, and the staking it adds

g is the letter most readers have never had explained. Contribution settles an obligation and staking does not, so a reel crediting under a pound per staked pound stretches the staking by the inverse of its rate.

Work it on the same count. Ten turnovers of £12.00 come to £120.00 of contribution due, which a reel crediting in full meets on £120.00 of staking. Where a staked pound credits 30 pence, the rate quoted on the regulator’s consultation page, that same £120.00 needs £400.00 through the reels, or 4,000 presses rather than 1,200.

Respondents supplied that rate to the consultation; the regulator did not publish it as a market figure. So that arithmetic is this site’s own working against a quoted rate and nothing more. Not one primary source publishes a live contribution table, so no sheet here carries one.

7

Published, assumed, or absent

Three categories, kept apart on every sheet, because mixing them is how a page starts inventing things.

Published, and cited. Bonus money at a British licensee carries a ceiling of ten turnovers, a rule dated 19 January 2026, where multiples as high as 60 times stand on the regulator’s record of what preceded it. A licensed reel must leave 2.5 seconds between cycles. Online slot stakes took a £5 cap on 9 April 2025, with £2 below the age of 25 from 21 May.

Assumed, and labelled. The four inputs in part 3. That 10p is unavoidable: nothing in any primary source fixes a spin’s cash value, names who sets it, or obliges a licensee to disclose it. The pence are the operator’s own commercial choice.

Absent, and left absent. Where a room publishes no return, this site will not assert one for it. A licensed game need not print a percentage at all: four items sit under the word or in the standard, those being how the game works, the house edge, the return figure and the odds on a winning event. So with no figure of a game’s own to hand, 96 per cent goes in as a stated working assumption and the true return stays unknown.

8

Where the method gives out

The line prices a turnover condition. It prices nothing else, and a sheet pretending otherwise would be dishonest about its own reach.

  • An expiry window is not in it. A condition nobody can finish in the time allowed is worth nothing whatever the line says.
  • A limit on winnings from a bonus sits outside it, and no standard limit of that kind is published anywhere to put inside.
  • A smallest payable sum is not in it. That figure is flat, so it bites a small count and clears a large one.
  • Stake limits imposed while a credit runs, and payment methods a cashier shuts out, are outside it too.
  • Whether the ten-times ceiling covers free spins as such is unpublished, and so is whether a requirement to turn over the deposit as well is caught. Neither is answered here.

Two further limits are harder to see. Every total here is a mean struck over many repetitions, and nobody has ever been paid a mean: a reader’s own 125 spins will come in above or below £12.00, usually below. And the line assumes the obligation is served to the end, when most are abandoned part way, which costs the reader the staking already done and returns the credit to nobody.

What the method does buy is comparability. A total struck on inputs a reader can see and reject keeps working next year, which a payout time or a bonus code does not. How the site earns its money, and what that cannot buy, is on how this site is paid.

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