Can somebody explain rollovers?

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  • jcadwell
    SBR Sharp
    • 07-05-10
    • 475

    #1
    Can somebody explain rollovers?
    I think that I going to finish in the money for the SBR bracket contest. The money that i win is going to have a 5X rollover in my legends sportsbook.

    How does this work? From what i understand it means that i have to risk the amount 5 times (and win) before i can cash it out. Is there anything else to it? What if i risk the amount 5 times and i only hit 3 of the bets, does that still count?

    Thanks for the help!
  • empty cookie jar
    SBR Wise Guy
    • 05-14-10
    • 876

    #2
    them dang ole rollovers
    Comment
    • rfr3sh
      SBR Posting Legend
      • 11-07-09
      • 10229

      #3
      on a deposit you have to roll over the deposit + bonus before you cash out

      ie 4x rollover on 200 depoist + 200 fp = 1600$ wagered before you cash out
      in your case you only have to rollover the amount you won say 200$ 5x so wager 1000$
      Comment
      • rfr3sh
        SBR Posting Legend
        • 11-07-09
        • 10229

        #4
        on a deposit you have to roll over the deposit + bonus before you cash out

        ie 4x rollover on 200 depoist + 200 fp = 1600$ wagered before you cash out
        in your case you only have to rollover the amount you won say 200$ 5x so wager 1000$
        Comment
        • BettingGeek
          Restricted User
          • 10-07-10
          • 3555

          #5
          Base on whichever lower on the amount of risk/win

          Example: Risk 110 on UConn -3 to win 100
          Means you have rollover it $100

          Or

          Risk 100 to win 160 on Butler ML
          Means you have also rollover it $100

          Hope it helps.
          Send me some points, pal
          Comment
          • BettingGeek
            Restricted User
            • 10-07-10
            • 3555

            #6
            Doesn't matter if you win or lose. Once you lay bet. Rollover counts
            Comment
            • jcadwell
              SBR Sharp
              • 07-05-10
              • 475

              #7
              Thanks for the help guys. That helped!
              Comment
              • jcadwell
                SBR Sharp
                • 07-05-10
                • 475

                #8
                I came in 9th place in the march madness pool. $175! now i just have to roll it over 5 times haha
                Comment
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