Bonus Rollover Strategies: How to Lay Off Bets to Retain Bonuses?

Welcome bonuses incentivize sports bettors with added value and are appealing to those looking to find extra rewards.

The great thing about welcome bonuses is that they add to your winnings, so any successful bet is calculated with the bonus amount.

It’s important to look at betting sites offering the best welcome bonuses to enhance your betting experience and ensure you get more for less!

However, this is not as straight forward as it may seem because of the vague requirements you may not be aware of.

To be able to withdraw the bonus you have to rollover several times, making winning bets with the bonus in tow.

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Understanding Bonus Rollover Requirements

To understand what a bonus rollover is we first have to put in context what a bonus is in the simplest of ways, so that even the lay sports bettor grasps it without any challenges.

A bonus is free money. Very straightforward, free money you get from a betting site after signing up as a customer.

A rollover is a strategy applied as a bettor to be able to derive the full value of the free money. That is, withdrawing the welcome bonus plus your winnings.

The requirements are important, so you must familiarize yourself with them, but we will make things easy for you again.

Certain requirements implore that a bettor must rollover three times before withdrawing any winnings.

This is how it looks; a $50 bonus with a 3x rollover means that you have to wager $150 before you can withdraw any associated winnings from your bets.

What is Meant by Laying Off Bets?

Laying off bets is similar to arbitrage betting to a certain extent because it involves covering all the possible results in a bet to get something in return no matter the outcome.

Say you bet on the match result in football, which has three possible results, a win for the home and away team, as well as a draw.

What you will do is bet on all three possible outcomes to minimize the risk of losing out on the bonus offer and to meet rollover requirements.

If properly executed, wagering obligations can be met exceptionally well, with money made by the bettor.

Implementing the Lay off Strategy to Meet Rollover Requirements

Briefly, we will outline the steps to meeting rollover requirements. Neither of them complicated, all rather easy to grasp and straightforward.

Step 1: Qualify for the Bonus

This is the initial step to a successful bonus rollover. Signup with your favorite bookmaker and meet the requirements to qualify for the welcome bonus.

Step 2: Place a Qualifying Bet

Place the initial bet on the bookmaker’s site and endeavor to place opposing bets on different sites to cover all possible outcomes.

Step 3: Utilize the Bonus Funds

Once the initial bet goes through with your wager, use the welcome bonus to help cover all possible outcomes in your favor.

Step 4: Complete the Rollover Requirements

Continue meeting the rollover requirement by making bets as ascribed in the terms and conditions. If it is a 3x rollover, do so three times.

Step 5: Withdraw Profits

Finally, after fulling all the above requirements, withdraw your winnings and reap the rewards of a successful strategy.

Tips for Successful Bet Laying

We layout three tips below for successful bet laying, all of which will help you be strategic in your approach.

Use Reliable Tools

To be able to see your potential returns, use betting calculators and sites or tools that offer odds comparison to identify the most suitable betting opportunities and to help you calculate stakes properly.

Maintain Accurate Records

This is journaling in gist. Keeping records and tracking progress of the bets placed, odds and wagers to help you keep progress in trying to meet rollover requirements.

Be Mindful of Terms and Conditions

Lastly, the nitty gritty that no one wants to go through. Familiarize yourself with the terms and conditions to know what you are engaging in, pertaining to your bonus rollover strategy.

This will help you avoid certain pitfalls and the possibility of losing out on money.

Overall, it makes you more thorough in your betting and gives you an edge over the bookmaker.

I (AKA CatBurg) have a lifelong passion for sports, especially football and basketball. I enjoy the thrill and excitement of sports betting and everything in between. My teams are (Packers #GoPackGo) and who I am betting on!