Jimmy Boyd in 
With the rise in popularity of online sportsbooks one of the methods bookies use to entice customers to sign up is attractive betting bonuses.
However, these promotions almost always come with a catch: the rollover requirement.
This guide will explain what a sportsbook rollover is and why it’s important to understand.
Definition of the Rollover in Sports Betting
A rollover refers to the number of times a bettor must wager their sportsbook deposit and bonus before they can withdraw any winning.
This requirement is set by the bookies to prevent players from depositing money, claiming the bonus, and then withdrawing the combined amount without actually doing any sports betting.
How Sportsbook Rollovers Work
To understand how the rollovers work, let’s use an example.
Let’s say you deposit $100 and get a 50% bonus with a 5x rollover requirement. You get $50 for your bonus incentive.
Before you can withdraw any winnings you must wager a total of $750 ($150 of the combined deposit and bonus times the 5x rollover).
Different sportsbooks have varying rollover requirements. Some of them might only require you to roll over the bonus one time, others require ten or more.
It can be challenging to meet hefty requirements so you have to pay attention when claiming your bonus and what exactly you need to do in order to withdraw.
Some shady books hide the terms deep on their site, buried inside the terms and conditions. These are the types of sportsbooks I would typically avoid.
Rollovers play an important role in deciding where to deposit and claim your special offers. Failing to meet the book requirements means that you won’t be able to access your winnings.
Moreover, these rules can influence your betting strategies and how you manage your bankroll.
Tips & Strategies for Meeting Rollover Requirements
Bettors who are just getting started might think these requirements are daunting if they pay attention to them at all.
However, there are some strategies that you can use to help you navigate the conditions surrounding your bonus.
Read the Terms and Conditions
This seems obvious, but you need to understand what the requirements are before you accept any bonus offers a sportsbook offers.
Choose Low Rollover Requirements
Obviously, it’s easier to accomplish the minimum wagering amounts if the rollover is smaller. You just have to ensure that the book is reputable and will stand by their offer.
Bet on Favorites
Favorites require more risk for less of a return, but they make it easier for you to accumulate wager dollars faster. Plus, they should win more often, but the downside is that you lose more when they fail to get the job done.
Use Bankroll Management Strategies
If you bet a small amount of your bankroll on each wager then you don’t risk losing your entire stack on a few games just to meet the rules.
The longer you plan to play with a specific book, the more comfortable you should be with a higher rollover requirement. If you are going to play all season there is less of a concern than if you are planning to make a deposit just to get down on a single game.
Conclusion
High rollover requirements can be a challenge to meet, especially if you are a casual bettor who bets infrequently. It’s essential to be aware of what is demanded of you by accepting the free money the book offers.
If you approach these bonuses with a critical eye they can be a helpful way to increase your bankroll at no cost. Your betting experience can be enhanced and you’ll be getting the best possible deal with your gambling entertainment.