How to calculate rollover amounts?

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This is a newbie question but if sportsbook has a 6x Rollover before you can withdraw any bonus the books give you. So for example if they gave you $50 and have a 6X rollover, how much would I need to wager before I can take out that money?

Hope that question makes sense.
 

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$300

But that is the lesser of the 2 amounts. Meaning if you take the Yankess at -200 and wager $50 to win $25, that only counts as $25 towards your rollover. You still need to wager $275 more.

Same goes for the other way. If you wager on the Pirates and they are +200 (you wager $50 to win $100) it would count at $50 towards your rollover.

Make sense?
 

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This is a newbie question but if sportsbook has a 6x Rollover before you can withdraw any bonus the books give you. So for example if they gave you $50 and have a 6X rollover, how much would I need to wager before I can take out that money?

Hope that question makes sense.

Not all books give bonuses and rollover requirements in the same manner but the majority are as follows. If you make a deposit, and they give you a bonus, then the rollover requirement, in the example you provided is 6X the amount you deposited plus the bonus. An example: Deposit: $500 Bonus: $50 Rollover: 6X ($500 + $50) = $3300

As GoBlue34 stated above, when the books calculate your bets toward completing the rollover, they use the smaller of the two numbers (i.e risk or win). For instance, if you tried to reach the rollover quickly by betting moneylines at $500 to win $100, only the $100 will be counted towards completing your rollover. Or if you bet $100 to win $500, only $100 would be counted towards your rollover. Always the smaller of the two numbers. Not all books follow these methods, but most do. Hope that helps you.
 

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thanks guys for your help...it's making sense.

so let's say I have a $50 bonus in my account so then I have a total of $550. If I wagered $440 to win $400, would that satisfy the 6x rollover requirement for the $50 bonus (of $300 that GoBlue34 stated).

Or am I wrong?
 

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Wrong if I understand your question...

Let's say you did a deposit of $500 (and got a 10% bonus which I'm assuming from your post you did). You now have $550 in your account.

You don't get to just wager 6 times the bonus amount but 6 times the total amount so as Ted said above you have to wager $3300 total, not just $300 (6 times the bonus amount).

I made that huge mistake once early in my gambling career where I deposited $2,000 (think I got a 25%) bonus and wanted to withdrawl it once it got to $6,000. They said no dice and I lost most of it before withdrawing. FUN!

Anyway, hope that makes sense.
 

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Just don't get the bonuses...it's pretty much a ripoff.
 

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Some books (bookmaker) only ask for a roll on the deposit. Not the bonus or fee's like most books do.
 
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silly question , being that i have won free money quite a bit from various books, but i just have never paid attention.

question, when i get Bonus Play money it is usually set to the side and i have to select it as the money i'm using, if the play i'm using the Bonus Play money on wins, then that money gets added to my regular balance. So say you win 200 in FP money, you make 8 $25 bets with it, but you only win 2 of them for $50. Do i just have to roll the $50 X amount of times, or do i still have to $200 X amount of times?
I've always been kinda confused on that , cause say you win 200 and have a 6x RO, that's $1200 worth of bets you got to make, but if you happen to suck and lose most of the Bonus Play bets and only win like 50 and lose the other 150, are you going to have to make $1200 worth of plays on that 50, or just 50 x 6 to meet the RO.
 

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silly question , being that i have won free money quite a bit from various books, but i just have never paid attention.

question, when i get Bonus Play money it is usually set to the side and i have to select it as the money i'm using, if the play i'm using the Bonus Play money on wins, then that money gets added to my regular balance. So say you win 200 in FP money, you make 8 $25 bets with it, but you only win 2 of them for $50. Do i just have to roll the $50 X amount of times, or do i still have to $200 X amount of times?
I've always been kinda confused on that , cause say you win 200 and have a 6x RO, that's $1200 worth of bets you got to make, but if you happen to suck and lose most of the Bonus Play bets and only win like 50 and lose the other 150, are you going to have to make $1200 worth of plays on that 50, or just 50 x 6 to meet the RO.

It really depends on your book and whether you were given the Bonus Play as a bonus for making a deposit or you earned the Bonus Play through the amount of play that you made with your own money. I strongly suggest that you contact customer service of the book involved and have them explain their particular rules regarding your Bonus Play. Books definitely varying in how they enforce their bonus/Bonus Play rules.
 
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thanks. I just haven't ever paid attention to how it's done.
I was mainly referring to Bonus Plays that are won in contests, i deposit so little at a time at books that i usually don't get anything , maybe 10% if i'm lucky, except for new books that i have tried and got some one time promotion thing like 50% match or something.

i just know from winning contests in the past i have always wondered, but the money i win off the Bonus Play is then mixed with my regular money and when i have went to cash out i haven't ever been told i haven't met a RO, so it's never been a problem just something i was always curious about.
 

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