When a sportsbook dangles a promotional offer to new customers, it typically comes with certain terms and conditions.
That means you’ll have to use that promo offer according to the guidelines put forth by the sportsbook in order to eventually (hopefully) withdraw your winnings.
Of all the terms that sportsbooks use in promo terms and conditions, “playthrough requirements” is among the most misunderstood by users. Often, even seasoned sports bettors neglect to learn the specific playthrough requirements for promo offers.
But don’t worry, PlayMA has you covered.
Here is all you need to know about playthrough requirements when claiming MA sports betting promo offers.
Playthrough requirements defined
Playthrough requirements are stipulations that sportsbooks put in place for a variety of reasons. But primarily, they are used to ensure you can’t just take the bonus money and withdraw it directly to your bank account immediately.
The requirements mean you have to bet the bonus money you receive a specific number of times before you can actually withdraw it and walk away.
MA sports betting apps have different wagering requirements for their respective offers, so it’s important to read the terms and conditions for each bonus offer. This way, you will be able to know the playthrough requirement before opting in.
Playthrough requirement examples for MA sportsbooks
When claiming bonuses, the lower the number associated with the playthrough requirement, the better it is for you as a bettor. The Holy Grail is a 1x playthrough requirement.
For example, if your very first bet is $500 on the Boston Red Sox moneyline, but it loses, you will get $500 back in bet credits. You must wager those credits one time before you can claim any winnings from those bets. In other words, you can’t withdraw the bonus bets until you place them into bets and win.
On the flip side, some apps require a 25x playthrough. Thus, for every dollar you get in bonus bets, you must wager 25x that amount before getting real money in any winnings.
For example, if you receive $200 in bonus bets at, say, BetMGM Massachusetts, you must wager $5,000 in real money (25 x 200) before you accrue real money winnings on a specific bet if that bonus had a 25x requirement.
The lower, the better
If a sportsbook is offering a bonus with a 1x playthrough requirement, we recommend you jump all over that.
Whether it is a deposit-matching bonus, a no sweat first bet or bonus bets, a 1x playthough requirement keeps things simple. It also allows you to withdraw winnings faster.
Bonuses with 15x or 25x playthrough requirements are going to take a bit more time before you can withdraw any potential winnings.
And as always, be sure to read the terms and conditions with each offer before opting in.