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Wager Lock

What is Wager Lock at Betstrike?

Updated over 2 weeks ago

All deposits made to your Betstrike account are subject to a 1x wager lock (also known as a 1x wagering or playthrough requirement). This is a mandatory anti-money laundering (AML) and Counter Terrorist Financing (CTF) measure to prevent fraud, money laundering, and abuse of the platform.

Key Rule:

The wager lock applies only to the deposited amountnot to winnings or any other funds in your account. You must place bets totaling at least the full amount of your deposited funds before any withdrawal can be processed.

Example:

  • You deposit $100 → you must wager (bet) at least $100 in total on our games before requesting a withdrawal.

  • You deposit $500 → you must wager at least $500 in total.

  • If you deposit $200, play, and win $300 (total balance $500), you still need to have wagered at least $200 (the deposit amount) before any withdrawal is allowed.

Important Details:

  • Wagers on all games generally count (unless explicitly excluded in specific promotions or terms).

  • Only settled bets (completed wagers with outcomes determined) contribute — pending bets do not count.

  • If you attempt to withdraw before meeting the 1x requirement on your deposit(s), the request may be rejected, delayed, or require additional wagering until fulfilled.

  • This policy applies to all deposits, including crypto via Fireblocks and any other methods.

Tips for Players:

  • Check your wagering progress in your account dashboard (Transactions or Rewards section) — it displays how much of your deposit has been counted.

  • Play games you enjoy — all eligible settled wagers help unlock your deposit faster.

  • For questions about your current status, exceptions (e.g., promotions), or support, contact us via live chat.

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