Rollover requirement is a term used in the context of online betting bonuses. It refers to the need to wager the bonus amount a specified number of times in order to convert it into real money.
Learn how rollover works in practice with this article. You’ll also understand the main types of bonuses and how they function for betting.
How does Rollover work in online betting?
To start with, understand that bonuses are like gifts offered to bettors at online betting sites, often referred to as sign-up bonuses.
However, to qualify for the cash bonus, you need to place bets multiple times to achieve this conversion, which is the rollover.
There are basically two types of rollover at online betting sites:
- Bonus Value: The bet needs to be placed using the received bonus amount.
- Bonus Value Plus Deposit: The bet needs to be placed using the received bonus amount plus the value of the initial deposit.
Here’s an example illustrating the application of these two types of rollovers:
In the case of bonus value rollover, if the initial deposit was $10, the bettor receives a $10 bonus with a 20x rollover on the bonus value. In other words, the bettor has to wager $200 to convert the bonus into cash and be able to withdraw it.
In the case of bonus value plus deposit rollover, if the initial deposit was $10, the bettor receives a $10 bonus with a 20x rollover on the sum of the bonus value and deposit amount. This means the bettor needs to wager $400 to convert the bonus into cash.
Understanding Rollover with Minimum Odds
Some online betting sites also set minimum odds that need to be met to fulfill the rollover. Here’s an example:
A bettor makes an initial deposit of $100 and receives a $100 bonus, resulting in a balance of $200.
The site’s rollover requirement is as follows: place bets equal to 6 times the bonus amount, with minimum odds of 1.75, within 30 days after the deposit, using only bank transfers, bank slips, and platforms like Pay4Fun and Skrill.
To fulfill the rollover, the bettor needs to wager $600 at minimum odds of 1.75. See the bets and results below:
| Bet Placed | Outcome | Rollover | Total in Cash |
| $200 with odds of 2.00 | Won | R$ 200 | $400 ($200 real balance and $200 bonus balance) |
| $200 with odds of 2.00 | Won | R$ 400 | $600 ($300 real balance and $300 bonus balance) |
| $200 with odds of 2.00 | Lost | R$ 600 | $400 ($200 real balance and $200 bonus balance) |
Understanding the Common Mistakes with Welcome Bonuses
Many bettors fail to value these bonuses and end up making several mistakes that hinder bankroll growth. Here are some common mistakes bettors make when fulfilling rollover requirements:
- Not paying attention to the terms and conditions of online betting site rollover regulations.
- Lacking patience to plan bets and making impulsive wagers without proper knowledge.
- Failing to implement bankroll management to efficiently manage the available betting funds.
Tips for Easier Rollover Fulfillment
Certain tips are crucial to help bettors fulfill rollover requirements easily and effectively. Consider the following:
1.º – Essential points within the rollover regulations must be reviewed by bettors. These include:
- Identifying the total rollover amount.
- Determining the number of times bets need to be placed.
- Understanding the minimum odds required for rollover.
- Recognizing the deadline for completing the rollover.
2.º – Plan your bets to align with the deadlines set by online betting sites. Maintaining composure is crucial to make the most of opportunities.
3.º – Apply proper bankroll management to the bonus value, aiming to optimize bets and achieve better results.
4.º – In addition to meeting specific odds for rollover, also use lower odds that help you win occasionally and gain confidence to bet on higher odds.
Now that you’ve understood the importance of knowing the rules of rollover for welcome bonuses, take the opportunity to start placing your bets.
