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Is there a Wager Requirement for Local Currencies?
Is there a Wager Requirement for Local Currencies?
Updated over a month ago

On our platform, you may have come across the message "Please wager before withdrawing."

What does this mean?

This means that before proceeding with a withdrawal, it is necessary to wager 100% of the deposited amount. This rule is detailed in our Terms of Service, specifically in Clause 8. It is crucial to be aware of this condition as it ensures the fair and responsible use of our platform's services.

Terms of Service Clause 8.5: You need to wager 100% of the value of your deposit in order to request a FIAT withdrawal. (https://stake.com/policies/terms)

The Rule Explained

  • The "wager before withdrawing” rule applies to all deposits made in local currency (Fiat) on our website.

  • Before making a withdrawal, you must place bets equivalent to 100% of the deposited amount.

  • This requirement is in place to prevent any misuse of funds and maintain the integrity of our betting system.

As soon as you reach the 100% wagering milestone, you can proceed to withdraw the profits from your bets. Withdrawals will only be released once you achieve this percentage.

Need Assistance? If you have any questions or need further clarifications, please do not hesitate to contact our customer support team. We are here to assist you with any inquiries you may have.

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