Rollover Betting Tips

Different betting sites have requirements that must be met before bonuses and rewards can be redeemed. These betting sites and their peculiar prerequisites are therefore examined in this review.

The interest for sports betting has apparently developed continuously and with extricating laws on the practice, that interest could continue to be on the rise. Various wagering sites have sprung up to fulfill that developing need, however thus, made a profoundly serious online market. Resulting from this challenge has been many kind of rewards or promotions. Generally famous among them are join offers, where sites hand out free cash to first-time gamblers on that platform after they must have paymented cash into their record. Indeed, you read that right — free cash! In any case, as you'll discover, that free cash comes with certain provisions, for the most part as rollover prerequisites.

Deposit Rollover or Wagering Requirements 

Alright so what precisely is this rollover prerequisite that we talk about? It's a least amount of cash you need to bet with a gambling site before you're permitted to withdraw your money out from your account.

Rollover prerequisites are regularly communicated with multipliers like 3X, 5X, or 8X. These numbers mean the rollover that you need to meet will differ by player, and all the more explicitly, by the amount you at first kept. Maybe a basic estimation will best assistance clarify how rollovers work. We'll utilize a genuine example provided by Bovada in its sportsbook. The site's rollover prerequisites sports wagering is just 5X.

To help explain that, it's imperative to understand what their match deposit bonus sports is. For Bovada, it's as of now, a 50% match with a maximum profit of $250. To proceed with our example, you start off with $750 in Bovada's sportsbook. With their rollover pace of 5X, that implies cash isn't withdrawable until you've bet in any event $3,750. Fair right?

It's significant to understand that rollover prerequisite is also referred to as playthrough or betting necessities. All terms are interchangeable with each other and their use relies upon the particular betting site. While betting sites vigorously promote their match bonuses, max free cash conceivable, and rollover rates that is just the tip of the iceberg. It's exceptionally encouraged to peruse their terms and conditions to comprehend the full extent of their welcome offer. The terms and conditions will make you mindful of some other formality related with the promotion.

Say you're a new bettor and load $500 into your account off the bat, meaning you also earned the full match at $250. Therefore, you're starting pot of money on the betting site is $750. This final number — the initial deposit plus free money earned — is what needs to be multiplied with the rollover requirement to meet the minimum wagering requirement.

Some of these under-the-radar terms outline which games count toward meeting the rollover requirement and which don't. Moreover, free play also expires after a certain point. Thus, if the rollover requirement isn't met before that expiration, a player forfeits it entirely.

Sportsbooks require these rollovers basically to limit loss on their end. Without these standards set up, bettors could bounce site to site, taking free cash en route, without the goal of ever staying. Clearly, from the viewpoint of web-based wagering sites that is bad for business by any means.

Plus, a sign-up offer is very much intended to be a “free trial” of sorts, not unlike a video streaming service or regular computer software. You try out the betting platform — with some free money, of course — and see if it's the right fit for you or not.

Before jumping into any betting site, you should brush up on the best sportsbook sign up bonus currently being offered. Not all offers are one and the same, thus you might be leaving money on the table without doing proper research.

Sportsbook Rollover Requirements

Like it has been said, there are different welcome offers. Not only from site to site, but even within that same site. A betting site will offer different and peculiar deals for its sportsbook, casino, poker room, etc.

Let's dig into the sportsbook first. Compared to the casino, sport-specific offers tends to be a lot less lucrative. The match percentage and max bonus for sports are typically below the one offered in the casino.

However, there's a tradeoff here. While the sportsbook welcome deal might not be worth as much, its rollover requirement is usually lower. Therefore, it's easier to cash out when using the sportsbook than the casino.

Just as an example, here are playthrough rates offered around the web currently that pertains to the sportsbook. Bovada, as mentioned, is 5X, BetNow is at 8X, and 10X by both Betonline and MyBookie. As you'll see in our next section, that's a very manageable wagering minimum to hit.

Casino Rollover Requirements

The casino has a history of offering a lot of cash bonuses. It is often said that “no offers throw out more free money than those coming from a casino”, and it's not even close. Take a look at the max amount allowed (if the highest possible initial deposit is met) at some top sites.

MyBookie is offering up to $750 in free play, before the trio of Bovada, BetOnline, and BetNow reach an eye-popping $3,000. That's only a few examples, but very much the norm in casino promos.

Some books have promos where they'll match not only the first deposit made by a gambler but the two following ones, as well. That's how Bovada, BetOnline, and BetNow do it, hence their steep $3,000 award (it's really $1,000, but can be redeemed three times).

But as we eluded to earlier, the rollover rates associated with casino bonuses are no small thing. The playthrough requirements are many times triple or quadruple of those seen in the sportsbook. For instance, Bovada's rate is 25X, while BetNow's hits 30X, and finally, MyBookie and BetOnline reaches all the way up to 40X.

Poker Room Rollover Requirements

Poker is usually another very distinct platform on any sports betting site, though, sometimes it's lopped into the casino. If it's a separate entity, you can expect some sites to offer a welcome bonus just for it, too. Typically, these bonuses are similar to the casino counterpart. Take BetOnline as a prime example. The poker room matches an initial deposit dollar-for-dollar up to $1,000 — the same as its casino. Though, it can only be redeemed once, not three times like the casino.

But here's the big difference between casino and the poker room: there are no rollovers with poker (well, kind of). That's because free cash is usually withdrawn in $5 or $10 spurts in poker, not all at once like with the sportsbook or casino. Receiving free money in intervals effectively acts as a rollover, but just in a roundabout way.

Rollover Betting

As you've probably now realized, playthrough requirements are nothing to scoff at. They take some commitment to overcome, then smart decision-making to actually retain some of that free play earned. No deposit bonus doesn't mean the sportsbooks are simply giving away money.

But we're here to help. Below are a few important and essential rollover betting tips.

1. Fully Understand The Terms & Conditions 

We mentioned this one before, but it definitely needs to be repeated. If you don't read through the Terms and condition— every word, not just skim through it — then you're rollover betting is doomed before it even gets started.

To make an example, let's look into Bovada's conditions for its casino offer. Some games in its casino library don't count toward meeting the rollover amount, including craps and live dealer. Therefore, it is advised that those games are left untouched, at least for now.

Outside those two games, the rest of Bovada's casino selection will help you reach the rollover bonus, but some will get you there quicker than others. Under its guidelines, Bovada breaks down how each casino game contributes to the playthrough amount.

The contributions are not even across the board whatsoever. Only five percent of contributions — meaning how much you wagered — in blackjack and baccarat games goes toward the rollover. So if you risked $100 in a single bet, only $5 of it would be accounted for.

That's practically nothing. Hardly better, video poker counts at 10 percent and table games are 20 percent of money bet.

On the flip side, 100 percent of money gambled on slots counts toward meeting the requirement. So if we're trying to earn the deposit rollover, we're loading up big time on slots and skipping out on everything else.

That's only one example, but it's the norm across many betting sites. The learning lesson here? Know what you're getting into first before signing up for any bonus and read carefully through the terms and conditions.

2. Play Early and Often

In what's become common practice across the market, sign-up bonuses typically expire 30 days after you first sign up and make an initial deposit. After this point, if the rollover hasn't been met, all free money is forfeited.

This means that you have one month to reach the sports betting rollover or casino one. That may seem like a lot, but when you take into account the amount you need to wager, it might not be. That's why you need to consistently play (on games that count most toward the playthrough, of course).

3. Don't Take Any Shortcuts

Bettors are a strategic bunch. Strategic in how they select a sportsbook bonus to jump on or in the sense of just handicapping games.

However, those strategic ways can sometimes lead them astray, particularly when it comes to meeting rollover rates. Realistically, a gambler could just bet both sides of a game, come out close to even afterward, but double up on their playthrough amount.

Bettors have done it, but sportsbooks have caught on. That practice, or any other that attempts to defraud the betting site, is strictly prohibited. Ultimately, betting sites have the right to withhold any money if they believe fraud is the case.

Our word of advice is just not to resort to such tactics. As we've pointed out, there are other ways of meeting the rollover that are completely legal.

Do All Bonuses Have Rollover Requirements?

Not exactly. There are a few noteworthy exceptions.

One, we've already briefly outlined, poker rooms. Many bonuses revolving the poker room don't have a hard rollover limit. We use the word “hard” loosely here because you still have to play to unlock winnings, but instead of hard money, it's accounted for in “points.” Explaining this can get tricky, that's why we advise reading terms and conditions closely.

Two, VIP players — meaning the big-money players — can find themselves the beneficiaries of no-string-attached free money. Perhaps not a huge sum of free money, but still real money regardless. Becoming a VIP requires a lot of time and money, but it's not out of the realm of possibility.

Aside from those two instances, you should expect rollover requirements in most other places. For now, that's how betting sites insure themselves against fraud.

Is It Possible To Beat Rollover Requirements?

It is absolutely possible to overcome rollover requirements and keep free play as winnings.

Though, it's far from a guarantee. With steep playthrough rates, especially in the casino, you're going to have to play an extended time to hit the wagering minimum. Generally, the more you play, the more the odds favor the house.

However, just having free money to start with is an advantage in itself — in gambling terms, it's EV+ or positive expected value. Therefore, you can think of it as each advantage, yours and the houses, canceling each other out.

From there, you just have to play smart. That starts with picking the right bonus offer. If you fancy yourself as a high roller, then go ahead and chase that high bonus. Or vice-versa, a conversive player should gravitate toward a promotion with low playthrough requirements.

Once you've done your adequate research and picked an appropriate promotion, follow our rollover strategy advice that we previously outlined.

Play your cards right and reaching the rollover limit is more than possible.