I hear this term used all the time. The only bonus I'm used too is the 10% sign up or deposit bonus. But I here everyday anout a 5 times rollover bonus or 8 times rollover bonus. Will someone please take a second and explain this term to me? Thanks
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Every time you get a bonus you have to play your deposit amount, bonus amount and fees the amount the numeber of times the sportsbook tells you before you can withdraw.
Just to give you an example:
You deposit $100 you receive $10 bonus and the fees for your deposit were $10. The sportsbook tells you that the rollover is 3 times.
It means you have to bet $120 x 3 = $360
You can split it in as many bets as you want, but you have to bet a total of $360 before you can request your money.
Something that gamblers don't understand is that in the end to give out bonuses is good for the sportsbooks. Everytime you receive a bonus you have to bet more to get your money out which in the long run unless you are really lucky will make you loose.Last edited by jay88; 03-21-06, 05:45 PM.Comment -
Not all bonus money is bogus. I recently accepted a 30% free play bonus from First Fidelity because it also came with a 25% net loss insurance at the end of basketball season. I'll build up the account, but I will make sure to blow it out against another account in July. For another free 25%. Guess what. They'll love me for losing that money. And I probably won't come close to meeting their rollover requirement, because I'd much rather play at other books.Comment -
I won't accept any bonus that comes with more than a 5x rollover...you always have to calculate the bonus ammount into the rollover ammount...ganchrow can help you more calculating things...Comment
