If you are new to gaming or sports investing, then you might not be familiar with the concept of a betting rollover. Simply put, a betting rollover occurs when you place a wager on an event, and the return on that wager does not meet your expectations. Typically, when this happens you have the option to either eat the loss or reallocate your funds into a more promising venture.
The concept behind a betting rollover is to protect you against the volatility that is frequently associated with sports betting. Instead of losing all of your winnings on a particular wager, if the return is below what you were expecting, you can decide to walk away, or you can try again with a different bet. Essentially, you are betting on sports to earn a profit, but you are also hedging your bet with a little bit of insurance. If you think about it in those terms, it makes sense. After all, you wouldn’t want to risk all of your savings on a single roll of the dice, would you?
How Do You Trigger A Betting Rollover?
There are numerous ways to trigger a betting rollover, but for the sake of simplicity, let’s assume you meet the following criteria:
- You placed a wager on a specific sporting event
- The return is below what you were expecting
- You can either eat the loss, or you can try again with a different bet
- You want to protect your profit (or loss)
- The event is not yet over when the rollover occurs
- You made the wager in good faith
If those criteria are met, then you are going to see a “rollover counter” above the sportsbook (bookmaker) that you are using. When the counter reaches a certain point (usually 0 or 1), it means that the sportsbook is closing out the bet for you. In this case, the counter will disappear, and you will see a message that looks like this:
“Rollover counter reached 0. Click here to finish the bet or get your money back”
What exactly does this mean? It means that the bookmaker is taking the bet off of their books, but they are not paying you what you are owed at this time. Instead, they are keeping the difference as a “rollover”. This is commonly referred to as a “sportsbook rollover”. A rollover is essentially an insurance policy that the sportsbook has taken out on your behalf. They are guaranteeing to pay you back some of the money you lost on a bet, but it is up to you to decide how much of your winnings you are willing to risk on future bets.
What Are The Main Benefits Of Using A Sportsbook That Offers A Betting Rollover?
There are several advantages to using a sportsbook that offers a betting rollover. For instance, if we examine each of the criteria above, it is clear that using a bookmaker that offers a rollover provides you with some degree of protection in terms of risk. That is because the bookmaker is taking on the burden of assuming that part of the risk for you. In other words, when you roll over your bet from the original event, the bookmaker is going to give you back some of your initial stake (minus the commission charged by the bookmaker). This is typically a good thing because large swings in the betting market are common, and it is often difficult to predict exactly which teams will win or lose an event until the very end. In other words, there is a good chance that you might lose money on a bet if you place one directly with a casino. Instead, by using a bookmaker that offers a rollover, you can reduce the risk of losing money on a wager.
Another advantage to using a sportsbook that offers a rollover is that it provides you with flexibility in terms of the types of bets you can place. In particular, you will find a wide variety of contests and events on the menu at a sportsbook that offers a rollover, giving you more options than you would at a casino. In most cases, you can place a wager on the current game, or you can use one of the many strategic tools at your disposal (strategies) to make better-informed wagers on future events. In other words, you do not have to just eat what is served to you; you can cook as well.
Additionally, you may find that some of the bets you make at a sportsbook that offers a rollover turn out to be profitable. In other words, you might win money on a parlor game, but if the over/under on a given event is high, there is a good chance that you can lose as well. This is why you need to be careful when placing bets at a bookmaker that offers a rollover. In order to maximize your winnings, you need to make sure you are selecting the right strategy for the right event.
How Can You Ensure You Make A Profitable Bet?
Now that you are aware of the various benefits that come with betting through a sportsbook that offers a rollover, it is important to understand how you can ensure you make a profitable bet. Once you meet the above criteria, it is a good idea to look for a signup bonus when you register for an account at a sportsbook that offers a rollover. Typically, these bonuses are offered in the form of immediate winnings that you can use to place bets with. For example, let’s say you meet the criteria above and decide to roll over $100 on the Patriots – Dolphins game. When you make this wager, you will notice that the counter above the bet menu does not start at zero, but rather is showing a positive number. In this case, the casino or bookmaker is essentially giving you money to play with. This can be beneficial because many people who play at online casinos and sportsbooks rarely if ever play with real money, or at least not on a regular basis. By offering large signup bonuses, the sportsbook is able to gain new players and encourage existing ones to return. Of course, you should only engage in this practice if you are willing to learn, because you can lose money quickly if you do not know how to pick winning numbers or which strategies to use for particular events. If this is something that concerns you, then it is best to avoid using these types of bonuses altogether.
Where Do I Go From Here?
Hopefully, this article has helped you understand the concept of a betting rollover and the various benefits that come with using a sportsbook that offers one. Just remember, not all bookmakers or casinos are created equal, so make sure you are aware of the terms and conditions of any given offer before you agree to them. Additionally, it is always a good idea to learn as much as possible about the game you are betting on, and in the case of football and soccer, you can use tools such as ESPN’s College Football and MLS Schedules and Scores to research upcoming events. Using these tools will only benefit you in the long run, so be sure to incorporate them into your weekly routine.