If I have a free £50 casino bonus that has to be wagered 40x (£2000 total), and I use the bonus on a game with a return to player of 95% and medium variance using £1 spins/games. Is there a way I can randomly simulate this 'n' number of times to get the amount earned from the payout each time?
For example, if n=1, then the simulation may give me a value of £75.11. If n=3, I may get £0, £13.12 and £0 and if n=1000, I would get 1000 random results, and the average might be £3.75 say. I know more often than not you would end up with £0, but I want to make a simulator so I can calculate the average you can expect to make if you did this 1,000,000 times for example. The value has to be something > 0, as you can't go below 0, because it's a free bonus. Also, how would the 'return to player', 'variance' and 'spin/stake size' of the game you're playing be incorporated into this simulator?
I want the simulator to be as random as if you actually played out the bonus on a casino site yourself.
Any questions please let me know.