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Prize Funds

Learn about MetaWin's Prize Funds!

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Written by Alex
Updated over a week ago

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How to earn and use Prize Funds

Prize Funds are earned every time you make a deposit! 30% of all your deposits will go to your Prize Fund. Prize Funds are a unique feature designed to enhance your experience by providing additional funds that can be used as partial payment for competition entries. For example, if a competition entry costs $10 and you have $7 in Prize Funds, you can use the $7 Prize Funds and pay the remaining $3 with real funds.

Prize Funds can be used to enter eligible competitions. These competitions are marked with a Prize Funds icon on the entry button—hover over the icon for more details. For instance, if an entry costs $10 and you have $7 in Prize Funds, you can use the $7 Prize Funds and pay the remaining $3 with real funds. However, real funds are always prioritized for payments, and Prize Funds cannot be used if your real balance fully covers the entry cost.

Wagering Requirements for Prize Funds

Prize Funds must be used in competitions at least once (1x) before they can be converted into cash and withdrawn. This ensures that these rewards are actively used within the platform before being eligible for withdrawal.

If you have any real balance in any currency when entering a competition, your real currency balance is always used first.

Prize Funds will only be used if you have a single currency balance and it is less than the competition entry cost. They can be applied as partial payment for competition entries. For example, if an entry costs $10 and you have $7 in Prize Funds, you can use the $7 Prize Funds and pay the remaining $3 with real funds. However, real funds are always prioritized for payments, and Prize Funds cannot be used if your real balance fully covers the entry cost.

Once you make a withdrawal, your Prize Funds balance is reset to $0. This rule applies regardless of the amount of Prize Funds in your balance or how long they have been in your account. There are no exceptions to this reset rule.

FAQs and Examples

  • Can I withdraw without losing my Prize Funds? No, withdrawing forfeits any remaining Prize Fund balance. There is no way to withdraw and keep Prize Funds.

  • Do I need to wager a certain amount or keep my deposit longer to preserve Prize Funds when withdrawing? No, there are no wagering or deposit-duration requirements that preserve Prize Funds during a withdrawal. Any Prize Funds still in your balance are forfeited when you withdraw.

  • How can I use Prize Funds? Prize Funds can be applied toward competition entries as a partial payment. For example, if an entry costs $10 and you have $7 in Prize Funds, you pay $3 in real funds and the $7 Prize Funds cover the rest. Real funds are always used first. If your available real balance fully covers the entry cost, Prize Funds cannot be used for that entry.

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