Welcome to GUSD - Goated's native free bet currency.
GUSD is not withdrawable, and is only usable on Goated.com
To convert GUSD to withdrawable USDC, users must meet certain rollover requirements.
GUSD can be viewed in the balance drop down as shown below.
Rollover Requirements:
Conversion to USDC:
• GUSD carries a 35x rollover requirement before it can be converted to USDC and withdrawn.
• If $10 of GUSD is credited, $10 * 35 = $350 worth of qualified wagers is needed before it converts to USDC.
Rollover progress can be viewed by clicking the small tooltip next to GUSD in the balance dropdown. This will open a modal like the one below.
Once the bar reaches 100%, the GUSD will automatically be converted to USDC.
Wager Calculation:
• The rollover progress is calculated as: Wager * (game edge / 0.04).
• Example: A $10 bet on a game with a 2% edge equates to $5 of rollover progress:
10 (0.02/0.04) = 5.
Terms and Conditions:
• Goated reserves the right to remove any bonuses or profits if a violation of terms and conditions is detected, without prior notice.