Rollover requirements, also known as wagering requirements, are found in the fine print of every casino bonus on the internet. Rollover requirements state that you must wager a certain amount of money before you can withdraw a bonus or the proceeds of a bonus.
For example, let’s say that you sign up at a random online casino that offers a 100% deposit bonus. You deposit 100 mbtc and get a 100 mbtc bonus. Let’s also say that this casino states that you must wager 20 times the deposit plus bonus amount (50x is a standard number in the industry).
This means that you must place a total sum of wagers equal to 20 times 200, which is 4,000 of betting action. The important thing to note here is that you do not have to lose 4,000 – you only have to place a total of 4,000 worth of bets. This sounds like a lot of bitcoin, but it’s actually pretty easy to rack up a lot of betting action without necessarily losing a lot of money.
If you play slot machines, every spin of the reels counts towards meeting the wagering requirements. If you usually wager 1.00 per spin, you’ll reduce the wagering requirements by 1.00 every time you spin the reels. Over time, you will win some money and lose some money while meeting the wagering requirements.Filed under: Rollover