The rise of sports and esports betting has led to a surge in the number of participants joining online betting sites and apps to participate in regular sports betting and esports betting, and the majority of these new players aren’t familiar with the rules and terminologies of betting. With this guide in hand, you’ll learn the answer to the question, ‘what is a rollover in betting’, and you’ll pick up tips on how to actually do a rollover in betting.
What is a Rollover in Betting?
In betting, a rollover is a requirement that must be met before you can withdraw the winnings generated from a bonus or promotion. The rollover requirement stipulates that you must wager the bonus amount a certain number of times before you can cash out the winnings. The number of times you need to wager the bonus amount is usually stated in the terms and conditions of the promotion and is referred to as the rollover rate or rollover factor.
For example, if you receive a $100 bonus with a rollover requirement of 10x, you would need to place bets worth $1,000 before withdrawing the winnings generated from the bonus.
How to do a Rollover in Betting?
This is a prominent question amongst new bettors in sports and esports betting. Many, if not all, online betting sites and sportsbooks offer bonuses and promotions that come with rollover requirements. So the rollover requirement varies for each site, but here are some general steps to follow to perform a rollover:
Read the terms and conditions
Before you start, ensure you understand the rollover requirement and any other restrictions that may apply to the bonus or promotion. This information should be available in the terms and conditions section of the site. This is to ensure as much risk-free betting as possible.
Track your progress
Keep track of how much you have wagered and how much more you need to wager to satisfy the rollover requirement. Most online betting sites will have a section that allows you to track your progress. You can learn how to do this in our betting guides.
Meet the requirement
Once you have placed enough bets to meet the rollover requirement, you will have satisfied the rollover and can withdraw your winnings.
Read also: What is a push in betting?
Frequently asked questions
Can I combine bonuses with satisfying the rollover requirement?
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