Calculating Rollover question...

[Dante]

Is rollover calculated usually for example you bet 300$ to win 100$ on a -300 ML the rollover is 300$ OR is it usually calculated on the difference from the BET to the WIN in the case above only 200$ toward the Rollover?


Which is the common way that you have seen?

 

[Soriano12]

The common way with European books would be to count the 300 USD towards your rollover.
But also had rollovers (f.e. betcris), where the lesser amount (in your case the 100 USD) was used for your rollover.
So imo it really depends on the book.

 

[oldmanTED]

Dante

Rollovers are generally based on the smaller amount of what you risk or what you win. For instance, on a -300 bet, only 100 counts against your rollover. In a spread, say 330/300, the 300 is counted against your rollover. In a ML, 300 to make 500, 300 is counted against your rollover. Most books use the lower amount to risk or to win when adding to your rollover.

 

[SportSavant]

some books calculate it on the RISK amount.

some books calculate it on the TO WIN amount.

Other books use the lesser of the two, between the RISK and TO WIN.

Many books do not like using the RISK amount because some people might take a big favorite, say -1500 or something like that to win $100. And the book does not want to give them credit for $1500 towards their rollover.

Anyway, in a nutshell, there is no hard rule, it is different at each book.

if you calculate it the way the OMT suggests, using the lesser of the two, you are likely safe in your calculations.

 

[Doug]

some books even exempt ML's of over -250 ( or whatever number they desire), towards a RO.

Get all terms and conditions in written form, like an email.

No Vegas rules here, the book can have whatever house rules, they desire.

I always assume the lower amount.

 

[Dante]

thanks guys I HAD NO idea it was calculated any other way but what I risk ..personally I think any way other then what im risking is BUSH league but thats just my opinion

 

[Doug]

thanks guys I HAD NO idea it was calculated any other way but what I risk ..personally I think any way other then what im risking is BUSH league but thats just my opinion

Well you could roll it real fast ( with risk) with -2000 ML's, and higher.

What if you bet a baseball total over 9, and the final score is 5-4 ?

Does it count towards the rollover ?

Better check the house rules !

It's all fair, as long as the rules are defined well.

 

[Doug]

Dante:

Risk $500 to win $20, you want $500 to count as rolled ?

Few books would count it that way.

 

[Doug]

Is rollover calculated usually for example you bet 300$ to win 100$ on a -300 ML the rollover is 300$ OR is it usually calculated on the difference from the BET to the WIN in the case above only 200$ toward the Rollover?


Which is the common way that you have seen?

I've never seen the difference used. just assume the lower amount.

Freeplay winnings are another related issue, Betjam is kind here, but in general, assume that you now need to roll the winnings 6X ( or whatever is specified), could be a lot, if you hit a parlay with the Freeplay.

 

[Dante]

Dante:

Risk $500 to win $20, you want $500 to count as rolled ?

Few books would count it that way.

Doug the way I see it if I dep 500$ and get a 20% bonus I need to rollover 5X or 3000$ if I am dumb enough to take 500 on a big ML to win 10$ if I did that 6 times to get to the 3000 the book is not out but 60$ if i cash out - fees and such that is extreme I could understand limiting to -250 favs but counting the RISK is the only way that is right in my eyes .... if it loses they make money right there


IMO it is what I risk towards the Rollover nothing else

 

[Doug]

no argument with your logic, Dante. Money was risked. However, it doesn't work this way. Count the lower amount, that's modern reality.

 

[patswin]

some books calculate it on the RISK amount.

some books calculate it on the TO WIN amount.

Other books use the lesser of the two, between the RISK and TO WIN.

Many books do not like using the RISK amount because some people might take a big favorite, say -1500 or something like that to win $100. And the book does not want to give them credit for $1500 towards their rollover.

Anyway, in a nutshell, there is no hard rule, it is different at each book.

if you calculate it the way the OMT suggests, using the lesser of the two, you are likely safe in your calculations.

what he said

 

[patswin]

no argument with your logic, Dante. Money was risked. However, it doesn't work this way. Count the lower amount, that's modern reality.

I think the books did this to crack down on us bonus hunters who would deposit just to get the sign up and reload bonuses. About 3 years ago most switched to win about only not risk

 

[Doug]

I think the books did this to crack down on us bonus hunters who would deposit just to get the sign up and reload bonuses. About 3 years ago most switched to win about only not risk

I did my fair share of "bonus hunting", rarely take one now, I'm mainly at Matchbook now, never take a 5Dimes bonus , anymore.

Doug barely knows what bonus means, these days !

 

[patswin]

I did my fair share of "bonus hunting", rarely take one now, I'm mainly at Matchbook now, never take a 5Dimes bonus , anymore.

Doug barely knows what bonus means, these days !

I still get what i can, many good offers this time of year. 25-30% or more cash is fine with me. Def not as good as it used to be but you have to take what you can get. That offer you got from Heritage was very nice. They won't give me anything because I won there last year. Sucks when you win at places you are trying to lose at. I don't know what's more frustrating, winning at places you are trying to lose at or losing at places you are trying to win at!