If you are a player looking to maximize your chances at your preferred online casino by taking advantage of the generous bonuses on the platform, you must know what wagering requirement means. Whether you are playing at UK-licensed or non UKGC sites, you will come across this term, especially when going through the bonus conditions.
To fully understand wagering requirements, you need to know what wager means. In simple terms, wager means to bet. What does wager mean at a gambling site? It is the amount of money you stake with each spin of reels, the hand of cards, or sports bets. Also, you can consider it as the overall amount of funds spent in a betting section or a specific period.
Wagering Requirements Explained
The wagering requirement is a popular term at online casinos. If you play real money games regularly, you would have come across it several times. They usually accompany bonus offers like free bets, free spins, welcome bonuses, periodic bonuses, etc.
These rewards come with a string attached to them; these conditions are known as wagering requirements. It states the number of times you must wager your bonus funds to enable you to withdraw the funds. That is, you cannot collect any winnings until you have completed the wagering requirement attached to it. This term is also known as playthrough requirement or rollover requirement.
Wagering Requirements: How it Works?
You must understand how the playthrough requirement works before you claim a casino bonus at non UK casinos or a UK-licensed gambling site. This way, you will be equipped with the necessary knowledge to prevent you from losing your bonus. Note that some wagering requirements come with a timeframe. Failure to meet the deadline will lead to the forfeiture of the bonus. Hence, it is ideal for players to understand the rollover requirement conditions.
To cash out your cash bonus, you have to bet a specified number of times before you can cash out your winnings. For instance, if the wagering requirement to clear a bonus is 30X, this means you must bet your bonus funds thirty times to make it withdrawable.
Some free spins also come with this condition. In this case, the playthrough requirements apply to the winnings from the extra spins.
What Are the Wagering Requirement for UK Players?
UK players can visit casinos not on Gamstop and UK-licensed platforms; both online gaming destinations have their wagering requirements. It is worth mentioning that some non UK sites offer wager-free bonuses or rewards with extremely low wagering requirements like 1x.
Generally, the wagering requirements at non UKGC platforms range from 1x to 60x. The playthrough requirements of casino sites licensed by the United Kingdom range from 20x to 45x. As mentioned earlier, some operators give a validity period for the wagering requirement. You should take time to read and understand these conditions and others before claiming a casino bonus.
Conclusion
Wagering requirements are the strings that come with online casino rewards. Some of the wagering requirements you will encounter at a UK-based casino site include 20x, 30x, and 45x.