Question about rollovers

[harold_bush]

Diamond has a 50% bonus but with a 10x rollover of the original deposit. So if you put $500 in that would mean you would have to wager $5,000?

[wayne1218]

sounds about right but i'm not positive. I'm sure Monte will reply at some point.

[vols fan]

Diamond has a 50% bonus but with a 10x rollover of the original deposit. So if you put $500 in that would mean you would have to wager $5,000?

I think you could cash out the money you made off your $500 but would have to play $2,500 worth of plays to be able to cash out you $250 that was free.It confuses me but thats how I see it.Would like to hear from Monte on this cause I'm always confused by it as well.He would be able to help us both.

[wayne1218]

I think it is definately 2,500 or 5,000 vols. I'm not sure which though.

[vols fan]

Where is BodogBecky when we need her?

[BettorsChat]

Diamond has a 50% bonus but with a 10x rollover of the original deposit. So if you put $500 in that would mean you would have to wager $5,000?

If you deposit $500 and get a $250 bonus that = $750 x 10 = $7500 in wagers.

I can e-mail them to check and make sure though.

[harold_bush]

If you deposit $500 and get a $250 bonus that = $750 x 10 = $7500 in wagers.

I can e-mail them to check and make sure though.

Thanks. Damn, that sounds like a lot to bet, which is why the bonus is that high I guess. Some books say the rollover is just on the initial amount, not the bonus itslef.

[BettorsChat]

Thanks. Damn, that sounds like a lot to bet, which is why the bonus is that high I guess. Some books say the rollover is just on the initial amount, not the bonus itslef.

Like I said it may be the initial amount as I would have to double check by e-mailing them.

[Letswinalot]

Cant remember the name of the book, my friend signed up for 100 bucks 100% bonus and he and I split it, so I gave him 50 and we got 100 a piece... We ended up cashing out like 600 bucks and it took forever, but we got it... If we would have parlayed just one time it would have been null and void, lucky we didnt!!!!!

Becareful and read the rules 2 or 3 times.

[bryce]

Rollovers - Be Ready to Rollover
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(2 votes, average 3.50 out of 5)
There’s no such thing as a free lunch. Sportsbook’s “free” bonuses are included.

While every sportsbook would love you to deposit and accept the terms and conditions of their sexy bonuses, there is a string attached to that carrot. Its name is rollovers.

A rollover is what a sportsbook makes you do before prior to withdrawing your money. In other words, if you don’t fulfill your rollover, you will either forfeit the money or they won’t let you withdraw until you have met the rollover.

By now, you are wondering what a rollover actually is. So, without further a due, here is the definition: it’s the amount of action you have to generate/play before you can withdraw your money.

Say you deposit at a Sportsbooks ‘R Us and they give you a 10% bonus on your $1000 deposit. With a 3 x rollover, you have to bet three times the total amount in your account (deposit and bonus) before you can withdraw anything.

$1100 x 3 = $3600

In this case, you have to bet $3600 worth before you can withdraw. Keep in mind that this is just the amount of action that has to be played and not an amount of how much money you win or lose.

Say on your first day, you bet $330 and win $300, but lose a $200 bet. In total, your account is now at $1200 but your rollover requirement has dropped to $3070 because you placed $530 in bets.

Keep in mind that different sportsbooks have varying levels of rollovers. Some places have rollovers that are as low as 1 x where as other places can have rollovers of 10 x or higher.

Clearly, you want to play at places where the rollovers are lower because that way you have access to your money much sooner.

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