Can someone explain to me the BetOnline rollover
I’m new to the BetOnline gambling world. I’ve made four deposits: $50, $100, $50, $50. Twice I entered a bonus and received $7.50 each for a sportsbook bonus. I’m still confused on what a rollover is. I busted on each deposit and so my balance is zero. Does a rollover mean that I owe more money to the site??? I appreciate any feedback.
Rollover is simply how many times you must risk the amount of the bonus they gave you. Usually it is so high that the bonus is basically worthless, since you will usually lose it before you roll it over that many times. Bonus is worthwhile only if there is no rollover, but you don’t see many of these any more…
No! If you lose your deposit and bonus amounts, you do not have to fulfill the rollover obligation.
A rollover is the amount of money you must wager, before being granted a withdrawal. Usually the rollover is based on the amount you deposit + the bonus amount. Take that number and multiply it by the number that they state is the rollover requirement. Most Betonline (http://www.sportsbook-ratings.net/BetOnline.php bonuses require a 6X rollover.
Example:
You deposit $100 and get a $25 bonus. Total amount is $125…rollover requirement of 6times.
$125 x 6 = $750 You must wager a total amount of $750 before you can cash out.
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