When you sign up to a gambling site and receive a welcome bonus, it comes with a rollover requirement. This means that you need to wager that bonus a certain number of times to convert it into cash. It works like this:
- You open an account on a betting site and receive a bonus.
- You meet the rollover.
- Your bonus is converted into cash.
To make good use of the welcome bonus, it is important to understand how the rollover works on the different sports betting websites.
Why is rollover required?
Bonus is a gift offered to gamblers by online bookmakers. The only requirement is that the bonus must be wagered a certain number of times before it is converted into cash, because the sites want to have the chance to get it back. Therefore, you can withdraw the bonus amount only after the rollover is fulfilled.
How do I meet the rollover?
To meet the rollover, you must bet the bonus amount a certain number of times. For example, if you receive a $100 bonus with a rollover of 10x the bonus amount, you must wager $1,000 before the bonus is converted into cash. Upon meeting this requirement, the bonus is converted into cash and the total amount in the account released for withdrawal, whether it be $10 or $10,000. It is important that you read the terms and conditions of the chosen site to know what these limits are.
Often, it is necessary that the bet has minimum odds to count in rollover. This value usually varies between 1.50 and 2.00. It is permitted to place bets with odds below the minimum odds but these do not count towards rollover.
Rollover For Sports Bets X Casino Rollover
The most common bonuses offered by gambling sites are the welcome bonus, where you receive a percentage corresponding to the value of your first deposit. This percentage is usually 100%.
For sports betting, the rollover required is usually between 5x and 15x the value of the bonus. For casino games, the rollover usually varies between 35x and 70x the bonus amount.
Some gambling sites require rollover of the bonus amount + deposit. Therefore, we calculate the rollover based on the bonus amount, so you can compare them consistently. See below how this calculation is done.
Rollover For Sports Betting
How does rollover work in practice? It is difficult to talk about rollover in a general way, because they have different rules in each sportsbook site. Therefore, here are some examples of rollover required by some betting websites:
- Bet365.
- Betfair.
- Betway.
Difference Between Bonus Amount And Bonus Amount + Deposit
The betting sites always write the rollover conditions, because it can be required for the bonus amount or for the bonus + deposit amount. The difference is as follows:
- Rollover for the bonus amount: You do not bet the bonus when you use your money. Also, your money is usually spent first, which means that you can bet all the money you have in the account before you start betting with the bonus and meet the rollover.
- Rollover for bonus amount + deposit: You wager your bonus immediately, even if you make cash deposits to your account. That is why, generally, this type of rollover is more interesting.
- “Rollover of 4x bonus amount + deposit” becomes “Rollover of 8x bonus amount” in our lists.
When reading the bonus terms and conditions, you will always find a detailed explanation of how the rollover for each bonus works.
