Non UK gambling sites attract players with juicy rewards, including free spins, bonuses, and free money. Although they look enticing, they often come with a condition known as a wagering requirement. You cannot get the free funds at non UKGC site without meeting this requirement.
This article explains this term, and how it is calculated. It is worth mentioning that wagering conditions vary from one gambling site to another. It can be as low as 1x, while it can be as high as 60x at some casino sites. It will interest you to know that some platform offers no wager bonuses. In other words, players don’t have to complete any wagering requirement to cash out their bonus funds.
What Is Wagering Requirement?
Bear in mind that online casino does not offer free money. You will be required to wager the amount through. Meaning that you will have to bet with a certain amount before you can cash out your money.
The wagering requirement, also known as playthrough requirement or rollover requirement, is the number of times you have to bet with your bonus funds to make it withdrawable. In other words, it is a hurdle that players must surmount to withdraw their bonus winnings.
You must understand the wagering requirement before claiming a bonus at casinos not on Gamstop. The lower the playthrough requirement, the better.
How to Calculate Wagering Requirement?
The number of times you need to match the value of bonus offers is known as the rollover requirement. It is represented as x. For example, if the playthrough requirement for a 50 GBP bonus is that you must bet with it 20 times, it would be a 20x bonus. What does this mean? You have to spend 1000 GBP at your chosen non UK casino site to complete the wagering requirement.
You can only claim your money once you wager with this amount. In this example, you must bet with 1000 GBP to be eligible for a cashout. Some of the rewards at non UK platforms that come with rollover requirements are welcome bonuses and free spins.
Reasons for Wagering Requirement
The simple reason for imposing this condition is to prevent players from taking advantage of the bonus. Some gamers will not return to play at the gambling site after withdrawing their bonus funds. The reason for the bonus is to motivate and encourage gamers to play at online gaming destinations. For instance, the essence of a welcome bonus is to attract players and extend their playing time to boost their online gaming experience.
Non UK casinos use the rollover requirements to motivate gamers to play their favorite game and get rewarded. It is also a way to protect themselves from players who will get the reward and never return. Wagering requirement ensures that they get back the money invested in the rewards, especially the welcome bonuses.
Conclusion
One of the crucial conditions attached to online casino bonuses is the wagering requirement. You must not overlook this requirement when claiming a casino bonus as it determines whether cashing out your bonus winnings will be easy or challenging.