Understanding Playthrough Requirements
Playthrough requirements at online sportsbooks dictate when players can request a withdrawal, with many playthrough (also known as rollover) requirements slowing down the process of the fastest sportsbook payouts. Players need to choose to either opt out of a given bonus or bet frequently enough to clear that playthrough requirement in order to secure the fastest sportsbook payouts. More on how to complete playthrough requirements at online sportsbooks for fast payouts can be found below, with bonus clearing strategies, playthrough requirements at top online sportsbooks, and one final fail-safe strategy specifically highlighted.
What Are Rollover Requirements?
Rollover requirements are part of many online sportsbook bonuses. Effectively, they say that you need to play through the value of the bonus a certain number of times before you can withdraw. Let’s say you get a $500 bonus at 10x rollover. This would mean you need to wager a total of $5,000 before you are allowed to withdraw.
Why Does Rollover Matter To Payouts?
Rollover matters simply because it can prevent you from receiving payouts at online sportsbooks if you are currently in the process of working off a rollover requirement at the sportsbook. This means that you can be impacted when you request a payout, as the funds associated with the rollover requirement will not be available for you to withdraw.
50% up to $250
Low Rollover Bonuses
Bovada features some of the lowest rollovers in the online sportsbook industry, although they’re generally balanced by having low bonuses generally. For example, their online sportsbook signup bonus is a $250 match, with 5x rollover. This is low rollover, but also a low matching bonus relative to some competitors. However, their crypto matching bonus is a $750 match with 5x rollover, which is far better than nearly every competitor in the online sportsbook space.
Tips For How To Beat Rollover
Fortunately, all is not lost if you want to avoid getting stuck in the rollover trap. This situation can be tough to navigate, but there are some tips you can follow to either not apply bonuses that have big rollover requirements, or to get out from under them if you already have.
Read Bonuses Carefully
The first step to making sure you don’t get screwed by rollover is to read the terms and conditions of a bonus before you apply it to your account. This is easy enough to do – you can simply browse the online sportsbook of your choice and make sure that their bonuses come with a fair amount of rollover beforehand.
Play Games That Contribute To Rollover
Some games and bets contribute to rollover, and some do not. For this reason, it’s important to know which games contribute to rollover, and how rollover is calculated. For example, some bonuses may have 5x rollover on sports and horse betting, but 10x or even 20x rollover on slot machines.
One important strategy for beating rollover is arbitrage. Since you are working with a significant margin for error in the form of the bonus you received, you can net a profit by using multiple sportsbooks and taking opposite sides of the same lines, while using bonus codes at both. If, over the course of playthrough, you can net an 8% loss on a bonus that boosted you 50%, you still come out ahead.
The last strategy you can use to get out of a sportsbook bonus is to simply give up on the playthrough requirements. This will retroactively cause all of the bonus money in your account to be removed, and it will be like you never deposited anything with it at all. Note that this can include bonus money you reinvested into other games, so it’s a risky idea.