Online casinos are one of the favorite recreational options for players. With exciting games, players have the opportunity to win profits and enjoy fun at the same time. However, there are a few things that all online casino players need to know. This is important information especially for those who are new to the online casino world. Today, let’s talk about what rollover and turn over mean in online casinos.
What does rollover or turnover mean?
Before you register or play with any online casino, rollover or turnover rates are something you will often encounter. For those who are new, the words rollover and turnover may seem very complicated. Let us give you an easy and simple explanation to understand.
Rollover / Turnover , also known as wagering requirements, is a requirement that will always be found in any online casino. Rollover requirements state that you must wager a certain amount before you can withdraw the bonus or bonus proceeds. Rollover requirements ensure that players have to wager a certain amount of their initial deposit before they can withdraw any winnings without penalty.
Let us give you a simple example :
If an online casino has a rollover rate of 2x it means that the player has to wager 2x the amount of the initial deposit before he can cash out all the winnings. In this case, let’s say your initial deposit is RM500, double that is RM1000.
However, this does not mean that you have to spend RM1000. Each round of the game you play, you can choose to bet the amount you want. In all those rounds, you may win and lose. If you are lucky, you can meet the rollover requirements by using the winning amount without touching your deposit at all. If the cumulative betting amount is RM1000, you can withdraw all your winnings or deposit without any penalty.
Before you register, you should first check what the rollover rate is and whether it includes the bonus credit amount. For example, you top up RM500 and there is a 50% credit bonus of RM250. You have a total of RM750. If the rollover rate is 2x including the bonus credit, this means you need to have a cumulative bet of RM1500 instead of RM1000.
Why is there rollover / turnover in online casinos?
Most online casinos offer top-up bonuses or free credits, especially to new players. This rollover requirement helps to protect the casino from players who sign up, get bonus credits, and then withdraw all their money. Without this requirement, most online casinos would close or go bankrupt if they had players who were this unscrupulous.
Now that you understand the meaning of rollover / turnover in online casinos, quickly get a free 50% bonus credit from us & start winning more money!