What are Deposit and Withdrawable Accounts and how is the balance in each account calculated?
If you are a cash player on My11Circle, your cash account balance is divided into two Accounts - Deposit Account and Withdrawable Accounts.
Your Deposit Account balance consists of all the amount you have deposited but have not yet played cash games for. Your Withdrawable Account balance includes all your cash winnings, as well as any deposited amount you have used for playing cash games. Every time you play a cash game, the amount used to play that game is credited to your Withdrawable Account.
The Deposit Account balance and the Withdrawable Account balance together make your total Cash balance. You can play cash games on My11Circle with any amount up to your total Cash balance.
Let us see some examples. Assume that your Deposit Account balance is ₹100 and your Withdrawable Account balance is ₹400 (total balance = ₹500) . You make a deposit of ₹50 in My11Circle.
The entire deposit is credited to your Deposit Account. Thus, your Deposit Account balance is now ₹150 ( ₹100 + ₹50) and your Withdrawable Account balance remains at ₹400. Your total balance is ₹550.
You play a contest
Let us say you play a cash contest with an entry fee of ₹100 and win ₹500. The ₹500 that you won becomes a part of your Withdrawable Account. ₹100 is deducted from your Deposit Account as entry fees. Thus, your Deposit Account balance will now be ₹0 ( ₹100 - ₹100) and your Withdrawable Account balance will now be ₹900 ( ₹400 + ₹500). Your total Balance is ₹900.
You claim a Bonus
Let us say you claimed a Bonus Chunk of ₹50. This will be credited to your Withdrawable Account. Thus, your Withdrawable Account balance is now ₹450 ( ₹400 + ₹50) and your Deposit Account balance remains at ₹100. Your total balance is ₹550.
- What are Deposit and Withdrawable Accounts and how is the balance in each account calculated?
- How do I withdraw my winnings into my bank account?
- When does the withdrawn amount get credited to my bank account?
- Are there any charges for withdraw requests?
- Can someone else's bank account be used to withdraw cash?
- Is there a limit to withdraw cash?
- What is the minimum amount I can withdraw?
- My withdrawal was processed to the wrong bank account number? Can I cancel the withdrawal?