What Does a 5X Sportsbook Bonus Mean?

Written by:
Guest
Published on:
Sep/12/2018

When it comes to online sportsbook bonuses, you will often see the term "rollover requirement" with a number like 5X.

Most rollover requirements are more than 5X but BetPhoenix is currently offering a 5X bonus among its many promos.

How it works: Say you deposit $250 to fund your sportsbook account in order to start betting.  The 50% bonus offer with a 5X rollover means you will receive $375 to bet with ($250 + 50% of $250).  You will not be able to withdraw this bonus money ntil you've wagered $1875 ($250+$125X5) in bets

The BetPhoenix 50% free play bonus with the 5X rollover can result in a $1000 worth of free bets on a $2000 deposit.  That's what they cap it at.

- Ean Lamb, Gambling911.com

 

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