Rollover strategy
A betting rollover strategy is a method used by bettors to fulfill the wagering requirements associated with bonuses or promotions offered by bookmakers or casinos. The strategy involves placing a series of bets with the aim of gradually meeting the specified rollover amount.
Key components of a betting rollover strategy typically include:
- Initial Qualifying Bet: This is the first bet made to qualify for a bonus or promotion. It's usually a requirement to trigger the offer.
- Rollover Amount: The total amount of bets a bettor needs to place in order to meet the wagering requirements. This amount is often a multiple of the initial deposit or bonus received.
- Minimum Odds: Many rollover requirements stipulate that bets must be placed on selections with minimum odds, ensuring that low-risk, sure-thing bets are not used to quickly fulfill the rollover.
- Selection Variety: To mitigate risk and prevent potential losses, a variety of different bets or events may be chosen to meet the rollover requirements.
- Bankroll Management: Proper management of one's betting bankroll is essential to sustain the strategy over the course of multiple bets.
- Tracking and Documentation: Keeping accurate records of all bets placed and their outcomes is crucial for monitoring progress toward meeting the rollover requirements.
- Timeframe: Rollover requirements often come with a specified timeframe within which the bets must be placed. It's important to meet these deadlines to ensure the bonus is not forfeited.
Betting rollover strategies can vary widely depending on the specific terms and conditions of the bonus or promotion. Successful execution of such strategies requires careful planning, discipline, and an understanding of the associated risks. Bettors should also be aware that not all bets may result in profits, and some level of financial risk is involved. It's important to read and understand the terms and conditions of any bonus or promotion before implementing a rollover strategy.
Qualifying Bet:
- Deposit an amount that qualifies you for the bonus.
- Identify a close match between the back odds at the selected bookmaker and the lay odds at the exchange, both above 2.0 (e.g., back odds > 2.0).
- Input these odds into the calculator.
- Open the calculator.
- Select the "Qualifier" option.
- Set your bet amount as an example, e.g., £200.
- Enter the back odds from the bookmaker (e.g., 2.5).
- Enter the lay odds from the exchange (e.g., 2.3).
- Specify a lay commission as an example, e.g., 5%.
- Click "calculate" to determine the lay stake.
- Place your bets at both the bookmaker and the exchange.
Once your qualifying bet is settled, you can proceed with the instructions below.
If the Qualifying Bet Loses with the Bookmaker:
You're done, as you've already won with your deposit and bonus at the exchange.
If the Qualifying Bet Wins with the Bookmaker (Roll Over Bets):
You will need to complete a specific amount worth of roll over bets. The maximum bet amount that counts toward the wagering requirement is set as an example, e.g., £100.
- Find a close match between the back odds at the bookmaker and the lay odds at the exchange, both above 2.0 (e.g., back odds > 2.0).
- Input these odds into the calculator.
- Open the calculator.
- Select the "Qualifier" option.
- Set your bet amount as an example, e.g., £100.
- Enter the back odds from the bookmaker (e.g., 2.5).
- Enter the lay odds from the exchange (e.g., 2.3).
- Specify a lay commission as an example, e.g., 5%.
- Click "calculate" to determine the lay stake.
- Place your bets at both the bookmaker and the exchange.
- The calculator will determine your lay stake at the exchange and calculate the loss on the roll over bet.
- Repeat this process until you've completed the required amount of roll over bets.
- Calculate the total loss from each roll over bet and the qualifying bet. Subtract this amount from the bonus to determine your profit.