If you’re new to sports betting or casino games, understanding the term “rollover” is essential. But what exactly does it mean? A rollover, also known as a wagering requirement, is the amount of money you must bet before you can withdraw any winnings from a bonus.
Why Do Rollovers Exist?
Bookmakers and online casinos impose rollovers to prevent bonus abuse. This means you can’t just claim a bonus and withdraw it without actually betting.
How to Calculate Rollover Requirements
To calculate the rollover requirements, follow these steps:
- Check the multiplier: Look for terms like “10x” or “20x” in the bonus conditions.
- Find the qualifying bet amount: This is usually your deposit plus the bonus amount.
- Multiply accordingly: For instance, a $100 deposit with a 10x rollover means wagering $1,000 before withdrawal.
Tips to Meet Rollover Requirements
- Read terms and conditions carefully.
- Focus on bets with a higher probability of winning.
- Track your bets to know how close you are to meeting the requirements.