When you deposit with an ACH transaction, it takes some time before those funds leave your account and reach our account (approximately 5-7 business days currently). Instead of making you wait the entire 5-7 business days before getting access to your funds, we offer an 'Instant Deposit' amount starting at $500*.
When you deposit, we are willing to trust that the funds will arrive up to $500 and allow you to use those funds while we are waiting for them to settle. Any deposit > $500 will not be added to your wallet until that transaction settles (5-7 business days).
**Please note - you will not be able to withdraw your 'Instant Deposit' amount until it settles. See this article for more information on withdraws
- Player A deposits $350 on May 1. All $100 is added to their wallet for use on our platform instantly on May 1. The player's 'instant deposit' available is now reduced to $150.
- Player A deposits another $200 on May 3 (before the initial deposit settles). $150 is added to their wallet for use instantly on May 3. $50 is 'in flight' and will not be added until it is settled (7 business days)
- Player A attempts to withdraw funds on May 4 (before any transaction settles). His/Her 'Withdrawable Amount' is $0 and the player cannot withdraw.
- Player A attempts to withdraw on May 8 (After the first deposit has settled but the second is still in flight). His/Her 'Withdrawable Amount' is $350 because that is the amount that has settled.
- On May 11 (after both transactions have settled), all $550 is available for withdraw!
*Initial amount is $500 - this amount is dynamic and can go up or down based on your history of transactions. A failed transaction will move this to $0. Consecutive successful transactions will move this amount higher.