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Am I required to turn over my deposit before I can withdraw?

Last updated 22 October 2026

As part of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006, any funds deposited into your Colossalbet account will need to be bet prior to being withdrawn. For example, if you deposit $100 into your account you will need to stake, or bet, $100 before withdrawing a balance from the account.

Your account also needs to be verified before you can withdraw funds.

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