Turnover arithmetic: how a stated requirement is worked out
Turnover is the total amount that must be staked to meet a stated wagering condition: turnover T equals the multiple M times the sum S the condition applies to. With S = A$200 and M = 5, T is A$1,000, which takes 50 bets of A$20 when each stake counts in full. This page is arithmetic only and names no operator or offer.
Calculate
Enter a sum S in A$, a multiple M (for example 35 times), the share of each stake that counts (c, from 0 to 100%) and an average stake a.
The tool shows the turnover T and the number of bets. Use Calculate to run it and Reset to clear it. The result is an illustrative example, not a price.
If the tool does not load, the formulas and the six examples below give the same results.
Where this stands: the tool runs in the browser; the static table below repeats its logic.
The formulas
- Turnover T = M × S.
- Number of bets = T ÷ (a × c), rounded up to a whole bet.
S is any sum the stated condition applies to. M is the multiple, so a condition of 35 times gives M = 35. The inputs are rejected if M is zero or less, S is zero or less, or c is outside 0 to 100%.
The formulas are definitions and are rechecked once a year.
Where this stands: two formulas, both stated in full.
Six worked examples
| Sum S | Multiple M | Turnover T | Average stake a | Share counted c | Bets |
|---|---|---|---|---|---|
| A$200 | 5 times | A$1,000 | A$20 | 100% | 50 |
| A$150 | 10 times | A$1,500 | A$30 | 50% | 100 |
| A$80 | 15 times | A$1,200 | A$16 | 100% | 75 |
| A$300 | 3 times | A$900 | A$30 | 20% | 150 |
| A$60 | 35 times | A$2,100 | A$12 | 100% | 175 |
| A$500 | 8 times | A$4,000 | A$50 | 40% | 200 |
Working for the second row: T = 10 × 150 = 1,500; bets = 1,500 ÷ (30 × 0.50) = 1,500 ÷ 15 = 100.
Where this stands: a lower share counted multiplies the number of bets needed.
Reading the result
Turnover counts every stake. A return that is staked again counts again, so turnover is activity, not loss. Reaching a required turnover does not change what a bet costs on average; see the expected value calculator.
For the setting of limits before you play, see set a deposit limit. Method and sources for the formulas are on how we source and update data.
Where this stands: turnover measures how much is staked, not how much is lost.
The national rule on inducements
The National Consumer Protection Framework for Online Wagering (NCPF), measure 4, prohibits inducements to open an account (national policy statement of 26 November 2018, a copy of which is held on the Queensland Cabinet site).
The 2022 edition did not open when checked; the current text is to be confirmed.
This page does not discuss offers. See the NCPF page for the framework.
Where this stands: measure 4 is noted from the 2018 statement; the current text is to be checked.
18+ only. Gamble responsibly.
18+ only. Gambling can be harmful. Need help? Call Gambling Help Online on 1800 858 858 (free, 24/7) or visit gamblinghelponline.org.au.
To exclude yourself from licensed Australian online and phone wagering providers, register with BetStop at betstop.gov.au. We are not a bookmaker and do not take bets. More help is on the responsible gambling page.
Where this stands: free help and exclusion routes exist and are named above.
FAQ
What is turnover?
Turnover is the total amount that must be staked to meet a stated wagering condition. It is worked out as the multiple M times the sum S the condition applies to.
How is the number of bets worked out?
Divide the turnover by the amount that counts per bet: bets = T ÷ (a × c), where a is the average stake and c is the share of each stake that counts.
Is turnover the same as the amount I could lose?
No. Turnover counts every stake, including stakes funded by earlier returns. It measures activity, not loss.
Does this page name any operator or offer?
No. The numbers are invented for arithmetic, and the page does not discuss offers. NCPF measure 4 prohibits inducements to open an account; the current text is to be checked.
What inputs does the tool reject?
A multiple of zero or less, a sum of zero or less, and a share outside 0 to 100%.