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Aug 1, 2021 08:31
2 yrs ago
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English term

rolled over in full

English Other Games / Video Games / Gaming / Casino
If a customer transfers funds to the casino before the bonus amount has been rolled over in full, the bonus and associated winnings will be forfeited.

Discussion

karlie smith (X) Nov 29, 2022:
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Masoud Kakouli Varnousfaderani (asker) Aug 1, 2021:
This is a translation test. They have copied and pasted different paragraphs from different places. This is one of the paragraphs.
Masoud Kakouli Varnousfaderani (asker) Aug 1, 2021:
Phil and mark Yes, this is a test. They have copied and pasted some paragraphs. It doesn’t explain what a bonus is.
philgoddard Aug 1, 2021:
So this is the first paragraph of the document? Does it talk about the bonus without explaining what a bonus is?
Masoud Kakouli Varnousfaderani (asker) Aug 1, 2021:
@Mark and Phil There is no text before it. This is the whole paragraph:

If a customer transfers funds to the casino before the bonus amount has been rolled over in full, the bonus and associated winnings will be forfeited.
The bonus is available for only one account per person, household, computer or IP address. If a customer is suspected of violating the rules, {company} will cancel the bonus.
philgoddard Aug 1, 2021:
Yes We need to know what it says before this.
Mark Robertson Aug 1, 2021:
@Asker It is impossible to be sure without more context on the structure of the betting site. However, the source text refers to roll over of a bonus. This means something like the transfer of a bonus to another game.

"In lotteries and similar games, if a jackpot rolls over, it is not won by anyone and the money is added to the prize money for the next lottery."

https://www.collinsdictionary.com/dictionary/english/roll-ov...

Responses

7 hrs

has reached the rollover completely

I can't think of a single word or even a short phrase that defines a rollover.

Rollover Definition
A rollover is a multiple of a deposit that you must bet in order to cash out any winnings from that sportsbook.

If you deposit $200 with a 10x rollover bonus, you need to make $2,000 worth of bets to ever see that money.

It sounds harmless since you likely deposited at that sportsbook to bet, not win once and run. But when you do the math, you’ll realize you may never see the bonus money.

Sportsbooks sometimes bury rollover requirements deep in their terms and conditions, so new bettors are often unaware that they’re not getting a fair shake.

https://www.actionnetwork.com/education/sports-betting-rollo...
Note from asker:
Thanks. It doesn’t make sense. The rest of the text says the amount will be fortified. Logically, if you reach the rollover, the bonus should be paid to you, not fortified.
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10 hrs

used to wager the number of times stipulated

All deposited funds must be wagered (rolled-over) 1x prior to withdrawal.
https://mobile.sportsbetting.ag/rules
(search "rolled-over" in the above link)

If a customer transfers funds to the casino before the bonus amount has been used to wager the number of times stipulated, the bonus and associated winnings will be forfeited.

It is a way the casino forces or coerces you to use the bonus to place bets.



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Note added at 1 day 13 hrs (2021-08-02 21:55:48 GMT)
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If you are given a bonus of $50, and "roll over in full" means you have to wager the bonus 1 time, then you have to place a bet of $50 once, or $25 twice, or ...
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19 hrs

have bet/wagered the total amount required

Rollover is the wagering requirement imposed by an online sportsbook that you need to bet before a bonus (or free bet) becomes eligible. Rollovers are often bonus offers for making your first deposit at a sportsbook with the stipulation being that you have to bet a certain amount to receive the bonus.

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Note added at 19 hrs (2021-08-02 04:18:06 GMT)
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for anybody tempted to get sucked in a couple of pointers:

Rollover Requirements Explained
If you visit BestOnlineGambling.com regularly, you probably see me mention rollover requirements somewhat frequently. Instead of explaining what rollover requirements are on every page that mentions them, I’ve decided to post a one-time explanation right here.

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 and get a $100 bonus. Let’s also say that this casino states that you must wager 20 times the deposit plus bonus amount (20x 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 money, 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.

Why do rollover requirements exist?
Online casinos implement rollover requirements because they don’t want to bleed money. If rollover requirements didn’t exist, players could just sign up to a casino, make a deposit and then withdraw a bunch of bonus money without playing a single game. Casinos would go out of business.

The same type of rule also exists for poker bonuses and sports betting bonuses. Gambling sites offer bonuses as a bonus for giving them your business. It just wouldn’t make sense to give away free money to every person who opens an account and then turns right back around and withdraws.

Gaming Exceptions
Make sure to always read the fine print of every deposit bonus before you sign up. Most casino bonuses come with terms and conditions that either exclude certain games or reduce the impact that certain games have on meeting the rollover requirements.

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Note added at 19 hrs (2021-08-02 04:18:51 GMT)
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the gambling houses are not on your side :)

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Note added at 19 hrs (2021-08-02 04:20:12 GMT)
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their motto is "how does your dollar come into my pocket" so beware

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Note added at 1 day 18 hrs (2021-08-03 03:07:34 GMT)
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a nod to anybody even remotely tempted to get into this ;)

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Note added at 3 days 17 hrs (2021-08-05 02:18:57 GMT)
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tempting though it may well be, you have to realise that casinos and online casinos in particular are seducers who tempt you to "go for it"

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Note added at 3 days 17 hrs (2021-08-05 02:19:55 GMT)
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my advice: resist the temptation

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Note added at 3 days 17 hrs (2021-08-05 02:21:43 GMT)
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as the Germans rightly say: "für nichts gibt's nichts" = "nothing is for free"
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739 days

Multiply

Typically, when you receive a betting bonus, such as a sign-up bonus or a deposit match, the bookmaker will require you to wager a certain multiple of the bonus amount or the deposit and bonus combined. This multiple is known as the rollover requirement.

For example, let’s say you sign up with a bookmaker that offers a 100% deposit match bonus up to $100, with a 5x rollover requirement. You deposit $100 into your account, and the bookmaker matches it with another $100, giving you a total of $200 in your betting account.

In this case, to meet the 5x rollover requirement, you would need to wager a total of 5 times the combined amount of your deposit and bonus. So, 5 x $200 = $1000. This means you would have to place bets totaling $1000 before you can withdraw any bonus funds or associated winnings.

It’s important to note that different bookmakers may have different rollover requirements, and they may also place certain restrictions on the types of bets that contribute towards meeting the requirement. For example, some bookmakers may only count bets with minimum betting odds or exclude certain bet types like cashed-out or voided bets from the rollover calculation. We address this in-depth later in the article.
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