What is Rollover in Betting? | Sports Betting Rollover Explained
Online bookmakers compete for customers and go to great lengths to attract new players while keeping existing ones happy. Welcome bonuses and ongoing offers are their way to appeal to online gamblers and highly effective marketing instruments.
They’re offered generously, but they come with certain strings attached and it’s important to understand what is rollover in betting. This is a common condition that you will find at both new bookmakers and top 100 bookmakers so it’s vital to understand how it works.
What is a rollover in sports betting
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How does rollover betting in sports work?
To better understand what is rollover in betting, it is better to consider real-life examples. Let’s assume you sign up for an account with a sportsbook offering sign up betting bonuses to new members.
- You can make a deposit and have the amount matched by 100% up to a maximum of $100.
- Before you are allowed to withdraw profits, you are required to bet the combined amount of bonus money and deposit 5 times – 5x. It is customary for bookies to require the clearing of both the betting deposit bonuses and the investment.
- Assuming you went for the maximum bonus, you start playing with $200 ($100 + $100).
- What does wagering mean in betting when you have to clear the bonus and the deposit is easy to calculate. Basically, you can only cash out winnings after combined placing bets of $1000 (5 x $200).
- Some bookmakers will also require players to bet at minimum odds, so you could be asked to place your bets on events at odds of 1.50 or above.
- Some bookmakers would allow you to clear the bonus on single bets. Other bookmakers might compel you to bet on accumulators, especially when it comes to risk free bet offers.
Bonus types with rollovers requirements
In order to get a better sense of what is a rollover in betting, we should consider different types of bonuses. There are essentially three types of offers, each with slightly different rules that can differ from one bookmaker to another. Free bets, deposit bonuses and no deposit bonuses are among the most popular ones and they are covered by different rules. Some are also affected by the bookmaker withdrawal limits, so after the wagering requirements are met, players can only cash out a maximum amount.
Special rules for rollover in betting
In addition to the general terms and conditions that apply to bonuses, players might encounter special rules. While trying to figure out what is rollover in online betting, you should also consider these special circumstances.
➤ Restrictions on the bet types: When claiming a Bitcoin sports welcome bonus for example, you might be limited to a handful of bets and markets. Some bookmakers won’t allow players to bet on Asian handicaps and moneyback markets. It goes without saying that bets on conflicting outcomes are strictly forbidden.
➤ Odds restrictions: To understand what does rollover mean in sports betting you should also take into account the odds restrictions. This is the most basic rule, with bookies requiring bonus recipients to bet at minimum odds. Values around 1.50 are common, although some sports books increase these limits to 1.80 or even 2.00.
➤ Time limits: They can also differ greatly and they bring into the spotlight another question. In addition to answering what is a rollover requirement, you also need to figure out the deadlines. The best case scenario is to be given up to 30 days to clear bonuses, although some bookies reduce it to only three days.
➤ Maximum winnings: The maximum amount for winnings can also differ greatly from one sportsbook to the other. This means that even if you are very lucky and end up winning a lot of money with bonus funds, you won’t be allowed to cash out everything. Amounts that exceed the threshold will be subtracted from your account. William Hill and Bet365 come with a maximum payout of $2,000,000, which is a huge amount. In fact some of the punters who ended in the top biggest winning bets placed their bets with William Hill. But as always it is better to check the terms on the bookmakers’ withdrawal limits first.
Tips and tricks for rollover sports betting
What is rollover in betting is the first question you need to answer, to successfully clear bonuses. The next challenge is to find the best way to meet the play through demands and these are a few tips to consider.
Tip
👉 Aim for 5x rollovers – being required to bet a bonus more than 5 times makes it hard to clear it
👉 Read the terms and conditions – pay attention to the rules and carefully read the fine print, as some bonuses are too good to be true
👉 Monitor your progress – choose a bookie where you can calculate and check the rollover status of your bonuses
👉 Seek bonuses with no rollover – this makes it easier to withdraw the bonus amount
FAQ: Your questions on betting rollover answered
It means that you are supposed to bet the amount five times before cashing out. This doesn’t change what is a rollover in sports betting, but further restrictions can apply to betting markets.
Most bookmakers will require players to bet the combined amount of bonus and deposit. Read the terms and conditions to see if you are supposed to only bet the bonus and not the deposit.
There are few bonuses that come with no strings attached and most have wagering requirements. You are at least expected to wager it once, so you must learn what is 1x rollover in betting.
The bookmaker will simply remove the bonus and the resulting winnings. Don’t take any chances and instead try to find what is a rollover multiplier in betting and use it to speed up the clearing of bonuses.
Master the art of rollover in betting and fully enjoy bonuses
Bonuses are essential tools for players to reduce the proverbial house edge. Rely on them to build your bankroll from scratch and claim steady rewards for being active. They come with wagering requirements that apply to the bonus and quite often the deposit itself. Pay attention to the terms and conditions to figure out which bonuses are worth claiming and how to convert them into cashable amounts. Use them correctly and you will reap the benefits of using free betting funds to fuel your online gaming adventure.