Understanding Free Entry and Promo Funds on ParlayPlay
Overview of Promotional Funds on ParlayPlay
Promotional funds on ParlayPlay enhance your gameplay opportunities by providing incentives categorized as Free Entry and Promo Funds. Both types of funds serve unique purposes and have specific rules for usage, winnings, and withdrawals. Below, we outline the key differences and usage details.
Free Entry: Details and Rules
Free Entry is a fixed-value promotional fund designed to be used for a single contest. Key aspects include:
Single-use restriction: A Free Entry can only be applied to a contest with an entry fee that matches its exact value. For instance, a $5 Free Entry must be used for a $5 contest. You cannot split the amount across multiple contests.
Winnings Conversion: If you win a contest using a Free Entry, your winnings are converted into Promo Funds rather than cash. These Promo Funds can then be used more flexibly for future contests.
Promo Funds: Flexibility and Usage
Promo Funds, on the other hand, are inherently flexible. Key highlights include:
Partial Usage: Users can decide how much Promo Funds to allocate for an entry in an eligible contest. This allows for strategic gameplay and better utilization of your balance.
Winnings Conversion: Contest winnings from Promo Funds are credited to your account as cash funds, provided you meet withdrawal requirements.
Conversion and Withdrawals
Winnings from Free Entry are converted into Promo Funds. These Promo Funds must be used in contests to win cash funds.
Winnings from Promo Funds are converted directly to cash funds, which can be withdrawn once certain conditions are met. Typical requirements include: - Completing a deposit - Meeting a playthrough requirement
Cash Funds, as opposed to Promo Funds, are withdrawable balances consisting of winnings derived from Promo Funds or direct deposits.
Checking Your Promotional Balance
You can view your current promotional balances, including both Free Entry and Promo Funds, on the My Settings page of the ParlayPlay app. This section provides a detailed breakdown of the available promotional funds and their types. Make sure to review these details regularly to optimize your gameplay and promotional benefits. For more details on contests and withdrawal requirements, refer to the relevant support articles or contact ParlayPlay’s support team for assistance.