❓Platform FAQs

Click the dropdown box to read more about each FAQ

"What Type Of Promotions Do You Offer?"

Wager Wednesday

After your first wager placed every Wednesday (min $25), you will recieve a free entry to a $25 6 leg parlay. A free opportunity to potentially 25x your money every Wednesday after your first wager is placed.

Friday Four

Four random wagers placed every Friday will be selected, and their account owners will get the chance at an exclusive bet with larger than normal rewards, and no entry fee.

Send it Sunday

Every Sunday, WagerOn will discount various player projections, heavily favoring the Over. These will provide a higher probability of hitting to people placing them on their parlay. (Maximum $25 can be placed on a bet with a discounted player projection)

"How Does The Deposit Process Work? Where Does My Eth Go? Is It Safe?"

There is no Wallet Connect for the DApp! When you make an account on the WagerOn platform, your account is assigned a unique "deposit address" which is a wallet specifically created for your account. Once you deposit funds onto the platform by sending $ETH to your deposit address, and clicking the "notify" button, your funds will appear immediately on the DApp. All private keys for customer wallets are stored safely & securely by the team. Your security is our number one priority.

"How Do I Place An Entry?"

You can place an entry by visiting the WagerOn dashboard. Here you must select a minimum of 2 player props that you like. Then you must select Over/Under on all of your chosen props, and decide whether you want it to be a High Risk wager, or a Low Risk wager. Finally, click Place Entry!

"What Is The Difference Between Credits & Balance Funds?"

Credit funds are gained by only your initial deposit match, and other promotions. These funds cannot be withdrawn. They can only be used to place a wager. If the wager hits, the winning funds will then be added to your ETH balance.

Funds in your ETH balance are earned by deposits, wager wins, and other potential promos. These funds can be withdrawn anytime.

"How Do I Make A Deposit Or Withdrawal?"

You can add funds to your account using ETH (Ethereum).

To initiate this process, visit your wallet, and click deposit. You then must insert the amount you'd like to deposit, and send the specified amount in ONLY ETH, to the wallet provided.

Your balance will shortly after reflect the deposit. To withdraw, visit your wallet, and click withdraw. You then must enter the amount you'd like to withdraw, paste your wallet address and click withdraw.

"What Is The Payout Structure & How Does It Work?"

2 Player Parlay

High Risk

- 2/2 must hit for a 3x entry fee payout.

3 Player Parlay

High Risk

- 3/3 must hit for a 5x entry fee payout.

Low Risk

- 2/3 must hit for a 1.25x entry fee payout.

- 3/3 must hit for a 2.25x entry fee payout.

4 Player Parlay

High Risk

- 4/4 must hit for a 10x entry fee payout.

Low Risk

- 3/4 must hit for a 1.5x entry fee payout.

- 4/4 must hit for a 5x entry fee payout.

5 Player Parlay

Low Risk

- 3/5 must hit for a 0.4x entry fee payout.

- 4/5 must hit for a 2x entry fee payout.

- 5/5 must hit for a 10x entry fee payout.

6 Player Parlay

Low Risk

- 4/6 must hit for 0.4x entry fee payout.

- 5/6 must hit for a 2x entry fee payout.

- 6/6 must hit for a 25x entry fee payout.

"Is It Possible To Get A Refund After I Placed My Wager?"

You are eligible for a refund, for only 5 minutes after you place a wager (unless it's already live). To refund a wager, click on it and click the refund button.

"Is There A Deposit Bonus? If So, How Much Is It?"

WagerOn will match up to first $100 deposited with $100 in credits!

Thanks to the efficiency of blockchain technology, your winnings are instantly credited to your account once the outcome is determined. No more waiting for processing times – you get what you've won right away.

"Is WagerOn A Company? If so, where is WagerOn Based?"

Yes, the Wager DFS platform is under the umbrella of the WagerOn parent company. The company is currently based in Lebanon, however there are plans to move the business to Curacoa very soon.

"Is WagerOn Compliant With US Regulations?"

Daily Fantasy Sports (DFS) is legal in most states without any need for licensing, therefore the WagerOn DFS platform is within compliance with the law.

"Who Is On The Tea & Do They Have Any Prior Experience?"

The developers have chosen to remain anonymous, but the core team is made up of one project manager, one front end developer, and one back end developer. The team has a lot of experience in the DeFi space. The developer's prior project eclipsed a 38 million dollar market cap during the bear market.

"Is There Any Way To See Platform Analytics & Performance Data?"

Yes, all of this information (Revenue, Volume, Wagered Amount, Wins, Losses, Bets, Unique Users, Daily Users, & more) is stored on our admin dashboard, which is not currently available to the public. However, the team does have plans to make this data transparent for users to see for themselves.