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You May Want to Know: What is Turnover?
Turnover typically refers to the total amount of money wagered (or the total value of bets placed) by your players over a given period of time. This term is commonly used in the gambling and casino industry to measure the volume of betting activity on the site.
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Here are a few key points to clarify:
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Turnover = Total Wagered Amount: This is the sum of all the bets placed by players, regardless of whether they win or lose. For example, if a player bets $100 on one game, then another $200 on a different game, their turnover would be $300.
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Can be used for bonus requirements: In many online casinos, turnover is used in the context of wagering requirements for bonuses. For instance, if a player gets a $100 bonus, and the turnover requirement is 30x, the player would need to wager $3,000 (30 times the $100 bonus) before cashing out.
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