How exactly does rollover work?

[CallMeChip]

Hey guys, so I'm still fairly new to the online betting realm and unfortunately there's no freeplays or bonus cash in vegas so my question is how exactly does rollover work?

Example #1: Let's say I have no money in an acct and I get a freeplay of $100 with 5x rollover. If I place 5 consecutive EV $100 bets, winning each, does that mean that I now have $600 ($100 initial + 5 wins) and have passed the rollover requirement and can withdraw that entire $600? Or is the original $100 freeplay removed and I now have $500 liquid asset available for withdrawl?

Example 2: Let's say I have $400 in my acct and I get a $100 freeplay with 5x rollover. If I make a single EV bet for $500 (my original 400+100 freeplay) and win, then do I officially pass the rollover requirement for that freeplay (having wagered 5x100) and now have $1000 available for withdrawal? Also in these cases, does the book have the amount of freeplay posted somewhere on ur acct and your progress towards completing the rollover or do you just keep track of these yourself?

And unless stated otherwise, I assume freeplays and bonus cash are essentially the same concept correct? Save for perhaps a possible small difference in rollover requirement?

Thanks in advance fellas! Really great site! Only been here a few days and have already learned a ton

[alyepes]

you have to bet 500 to get your money that you earned if its 5x rollover of 100

[LarryF]

I thought this thread was about sex positions. My error, sorry.

[Krashman]

ALWAYS read T&C and RULES for all bonuses you receive at each book, they can vary greatly from book to book. The questions you are asking here are answered there. Or check with customer support.

Example 1: freeplay money is GONE once you bet with it, it is removed from the account. In the example you would end with a balance of $500 and rollover completed.

Example 2: I always bet the Freeplay separately from the cash. I'm not sure you can combine them or not. You usually need to check a checkbox to indicate you want to use the freeplay funds. Most books do not indicate the amount of rollover remaining, a few do. You will want to keep track yourself. In fact, many books have rules against asking customer support if you have completed the rollover yet, they may revoke your bonus and any winnings made with it so far just for asking. So keep track! READ the T&C, read the RULES.

FREEPLAY bonus is NOT the same as a CASH bonus.
At some books, freeplays are NOT refunded in the event of a push, it is graded a loss. At other books, you can request a refund in such cases.
Freeplays often are sport or market specific. Read the T&C
Even more often, freeplays can only be used within a certain range of odds. For example on ML +200 or less.

Also, at some books the bet amount always counts towards rollover, at other books it's the lesser of the bet or win amount, other books its the lesser of the bet or TO WIN amount.

Like I said, always read the T&C

[CallMeChip]

ALWAYS read T&C and RULES for all bonuses you receive at each book, they can vary greatly from book to book. The questions you are asking here are answered there. Or check with customer support.

Example 1: freeplay money is GONE once you bet with it, it is removed from the account. In the example you would end with a balance of $500 and rollover completed.

Example 2: I always bet the Freeplay separately from the cash. I'm not sure you can combine them or not. You usually need to check a checkbox to indicate you want to use the freeplay funds. Most books do not indicate the amount of rollover remaining, a few do. You will want to keep track yourself. In fact, many books have rules against asking customer support if you have completed the rollover yet, they may revoke your bonus and any winnings made with it so far just for asking. So keep track! READ the T&C, read the RULES.

FREEPLAY bonus is NOT the same as a CASH bonus.
At some books, freeplays are NOT refunded in the event of a push, it is graded a loss. At other books, you can request a refund in such cases.
Freeplays often are sport or market specific. Read the T&C
Even more often, freeplays can only be used within a certain range of odds. For example on ML +200 or less.

Also, at some books the bet amount always counts towards rollover, at other books it's the lesser of the bet or win amount, other books its the lesser of the bet or TO WIN amount.

Like I said, always read the T&C

Krash, you da man thanks for the breakdown dude!

[scarface]

hollywood sportsbook lets you forfeit your bonus if you go on a run and want to withdrawal your funds without completing your rollover...good deal

[Microphone]

I have a $1000 free play with a 5x rollover. I lose a $500 ev bet and win a $500 ev bet so I have $500 balance in my account. I assume the 5x is on the $1000 and not the $500/actual amount won so I have to bet $5000 of bets on that $500, yes or no?