What is the 10x Wagering Requirement?

10X Playthrough

If you are just starting out or are already immersed in the world of sports betting, you must have read or heard about the term “rollover ”. It is a fundamental concept to know and it will open up more betting possibilities that, if applied well, will allow you to obtain great benefits. In this article we explain what a rollover is, we delve into the 10x requirement, and we detail how to apply it, as well as the benefits and risks that it entails.

❓What is a rollover requirement?
🔍How the 10x works
📊Pros and Cons
💡Are they mandatory?

What is a Rollover or Wagering Requirement?

To talk about the 10x wagering requirement we must first understand what a rollover is, a concept that is important to know in order to obtain greater benefits if used correctly, and at the same time not get any surprises when applying a bonus.

In sports betting and casinos, rollover is the number of times you are required to wager your winnings from a promotion before you can withdraw them. To put it simply, sportsbooks often place conditions on their bonuses or promotions offered, whereby you must reinvest the total amount of the bonus received in a certain number of opportunities.

Betting sites often offer bonuses for an initial deposit where they match the amount deposited up to a certain limit. For example, if a sportsbook offers you a 100 percent deposit bonus for up to $100, your accumulated amount would be $200, but you would be required to wager it a certain number of times for it to become a profit.

The rollover requirements will depend on each sportsbook, but the most common ones usually range between 1 and 10 times the total deposit and/or the first bet. Below we will tell you about the types of rollover and detail the 10x wagering requirement, as well as tell you how it works.

What is the 10x Wagering Requirement and How Does It Work?

As we already mentioned, the types of rollover depend on what the sportsbook provides, as well as the type of bonus that comes with a rollover.

In the world of sports betting, we can find rollovers that start at 3x (you bet three times the requested bonus). A rollover in sports betting is considered low when it is less than 5x (you are required to bet five times the balance obtained in your account).

However, as the rollover type is larger, the chances of losing the benefit also increase, since the number of times you must reinvest your bonus is greater.

Rollover 10x

Following the logic of what was explained above, the x10 rollover or with a 10x wagering requirement is one in which you must bet a total of 10 times before you can withdraw the winnings. The sportsbook may also require you to use it at certain odds, usually those higher than -500 and lower than +110.

In addition, these promotions require that the rollover be made within a specific period, for example, that the x10 bet be made within a maximum period of 30 days.

As an example of a 10x wagering requirement, let's say a sportsbook gives you a $50 bonus with a 10x rollover. In that case, you'll need to wager $50 10 times, so in monetary terms, you'll be wagering $500 (50 x 10). These bets must be placed on the eligible events stipulated in the terms and conditions of the promotion before you can withdraw any winnings.

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Bonuses with Rollover: Pros and Cons

Sportsbooks often include a rollover in their bonuses, however, not all are created equal. These are the types of bonuses you might encounter :

Welcome bonus: This is the most common, and as we already told you, the rollover is included as a condition to receive the bonus when you register.
Deposit or bonus rollover + deposit: In this case, the rollover is calculated according to the amount you have deposited in your account, or by adding the amount deposited plus the bonus (so you should add the total amount and then multiply it).
Free Bet Bonus: This may be offered to you in the form of a refund for a lost bet, or as a “perk” for having wagered a certain amount of money on a particular event.
No deposit bonus: This is granted to you without the obligation to make an initial deposit, but it usually carries a very high rollover.

As we have told you throughout this article, sportsbooks will have certain conditions for carrying out a rollover, which may vary depending on each one. In fact, these requirements can be modified within the same sportsbook over time, so it is important that you stay up to date with what they are offering.

Benefits of Rollover

As we have shown you, the 10x wagering requirements, as well as any rollover, carry a clear benefit. This is that thanks to the activation of a bonus or promotional code you have the possibility of obtaining benefits, since if you win these “obligatory” bets you could have a significant amount of money in a short time.

Rollover Cons

However, rollover also carries a number of risks. The main “danger” you need to be aware of is that you must make a certain number of bets to use the bonus. If you make a bet or prediction that doesn’t come true, you could lose your winnings.

Are Wager Requirements Mandatory?

An important aspect to keep in mind is that it is not mandatory to use any rollover to participate in sports betting. If the activation of a bonus at the time of registration entails the obligation to make a rollover, you could play by choosing not to use said promotion.

Rollover wagering requirements exist not only as a tool to entice the public to start playing. If they did not exist, users would be able to withdraw winnings from bonuses without having any activity at the sportsbooks. Or, in other words, they would be making themselves “ free money ”.