What is a rollover?
When receiving a Bonus at BetJOE in many situations there is a rollover requirement.
A rollover is an amount that needs to be wagered prior having the ability to withdraw any balances that are related to your deposit, bonus and/or winnings.
In many situations there is additional clauses on the eligibility of sports wagers to calculate on the rollover, please verify on a per promotions basis.
Pre-match, Live Wagers, Parlays (Combos), Teasers and Pleasers are all valid towards rollover requirements.
In Parlays (Combos) all selection must be valid with the “minimum odd” requirement or the entire parlay will not be eligible for rollover calculations.
The maximum amount of a wager in a rollover calculation is the amount of your original bonus.
Rollover amounts vary depending on the promotions and are calculated as per the examples below:
Min Odds: 1.33 / -300
Deposit + Bonus Example:
Customer deposits $100 and applies a bonus code to receive an additonal $100 for a total of $200. The rollover is 10x.
$300 (deposit) + $300 (bonus) = $600 x 10 (rollover) = $6000 (total rollover amount)
The customer must wager a total of $6000 before any of the funds can be released for withdrawal.
Straigth Wager Example:
New England Patriots Moneyline -300 (1.33)
Risk: $300 to win $100
New Rollover $6000 – $300 = $5700
Parlay (Teaser/Pleaser) Wager Example:
LA Lakers -6 -110 (1.90)
Golden State Warriors -3 -110 (1.90)
Risk: $100 to win $268
New Rollover $6000 – $100 = $5900