If you have ever been in an online casino and have ever claimed a promotion, you might have heard about rollover requirements. All the bonuses and promotions meted out by the online casino will have a rollover requirement attached to it that you need to fulfill, for withdrawing the winnings. You must understand what a rollover requirement is before ever claiming an offer.
This article about the rollover requirement introduces players to the concept of rollover requirement and what it means in online gambling. There are many terms associated with rollover requirements, which decide the chances of making a withdrawal from the online casino. Players who neglect the rollover requirements and do not read its terms are the ones who complain that online casinos are rigged. It is better to understand this concept fully before every gambling in an online casino.
What Is “Rollover Requirement”
The rollover requirement is a condition that is set by the online casino or the wagering provider so that the players will bet a certain number of times before they get access to the bonus funds. In some online casinos, rollover requirements are also called “wagering requirements”.
Each bonus, offer, and promotion meted out by the online casino carries a wagering requirement that the players have to achieve to withdraw the winnings. It is typically attached to promotions such as welcome bonuses, deposit bonuses, no-deposit bonuses, free spins, etc. The online casino requires you to bet a certain multiple of the bonus amount, in some cases, the bonus and the deposit combined, so that you can have payouts.
It is quite easy to calculate the rollover requirement. Let’s say an online casino has a 100% welcome bonus of up to $100, that carries a 5x rollover requirement if you deposit a minimum of $100 while joining. To meet the rollover requirement, you need to wager 5 times the bonus and the amount deposited. That is, ($100+$100) x 5 = $1,000. You need to place bets amounting to $1,000 to withdraw any winnings from the game played using the bonus.
All bonuses come with a plethora of terms and conditions associated with it. These rules are set by the casino to prevent the players abuse the casino’s reward system and to ensure fair play. Unable to conform to the rules of the bonus can affect your bonus amount and the payouts. Most bonuses have a minimum deposit requirement unless it’s a no-deposit bonus, which is essentially, free credit. The maximum amount of bonus that can be meted out by the casino will also be mentioned in the rules.
Additionally, every bonus has an expiration date. Within which the rollover requirement needs to be met.
How To Get Around Rollover Requirement
Online casinos are not non-profitable organizations. They make a profit when the player loses. Licensed online casinos do not rig their games as it can cost them their reputation and the players might not come back, ultimately bankrupting them.
The rollover requirement prompts the player to place a certain amount of bets so that they play more games and the casino earns money for the service they provide. However, rollover requirements can be very annoying. Are there ways to get around it? Of course, there are. Here’s how:
- Read The Terms Carefully: Before claiming any bonuses and promotions, read the terms and rules associated with them carefully. If the rollover requirement associated with it is very high, you need to wager a huge number of bets before making any withdrawals. There will also be information about the deposit required to activate the bonus, the maximum bonus amount, and other relevant information.
- Play At Licensed Casinos: Always play online casino games from licensed and reputable online casinos. These casinos ensure fair gambling and will have realistic rollover requirements for the bonuses. Several unlicensed and unregulated online casinos are scammers that try to steal your hard-earned money. They attract players with very attractive bonuses that carry unrealistic rollover requirements.
- Games Associated With The Bonus: In reputable online casinos, along with the rollover requirements for the bonus, they also mention the games that you have to play to withdraw the winnings. So, stick to the games mentioned in the bonus for a faster and easier way to withdraw the winnings. You can try out the games in “demo mode” before actually claiming the bonus.
- Make Smaller Bets: Most plates believe that if you bet more, you can get more. This is partly true as the bigger bets make higher profits. But, what if you lose the game? So, most experienced players advise new players to make smaller bets to play the gem more. If a bonus has a high rollover requirement, betting small amounts in a huge number of bets allows you to achieve the requirement faster and minimizes the losses.
- Fair Play Of The Games: Never try to tamper with a game or the gameplay. Similarly, never try to exploit the bonuses. Follow the rules and play fairly in an online casino. You can develop certain strategies and implement them in your game. However, trying to manipulate the game can get you banned and your winnings forfeited.
Conclusion
Online casinos are not evil for placing certain requirements the players have to meet before making any payouts. It is how online casinos earn a profit. All bonuses and promotions in an online casino carry rollover requirements. It needs to be met for players to make payouts. By providing players with bonuses and promotions, online casinos increase their chances of winning.
You must always play at a licensed online casino to get attractive bonuses with realistic rollover requirements. Before redeeming any promotion, you should thoroughly go through its terms and rules, play the games mentioned in it, and play them fairly. Also, remember to place smaller bets so that you can play the game for a longer time and don’t lose money all in one bet. But, most of all, play carefully as gambling is highly addictive.
