BetSkillz is a peer-to-peer skill competition platform. Real money is involved. Read these rules before participating. They exist to protect you and every other player.
If both players disagree on the outcome, either can raise a dispute within 24 hours of result submission. Funds remain in escrow during the entire process.
Strikes protect the community from bad actors. Three strikes results in a permanent ban. Your trust score also drops with each strike, affecting your withdrawal speed.
Actions that earn strikes: refusing to pay after losing, submitting false results, raising bad-faith disputes, collusion with opponents, multi-accounting, abusive behaviour.
BetSkillz takes a 1% fee from the total pot of every completed challenge, hard-capped at $10 maximum โ no matter how large the pot. This is deducted from the winner's payout only. There are no hidden fees. Cancelled challenges are refunded in full.
Identity verification is required before withdrawals of $1,000 CAD or more (FINTRAC regulatory requirement). All users can withdraw up to $999 without verification. KYC is powered by Shufti Pro โ a secure, automated identity verification service used by financial institutions worldwide.
No. BetSkillz is a peer-to-peer skill competition platform. You compete directly against a real opponent โ not against the house or any randomness. Outcomes are determined by player skill alone. Think of it like a chess tournament or a sports match: two people, agreed rules, the better player wins. BetSkillz never holds a position in any match.
If a match has no result submitted within the challenge window, both players are prompted to submit. Unresolved matches after 48 hours can be raised as disputes.
Challenges cancelled before anyone accepts are refunded instantly. Once a challenge is accepted and the game is played, refunds are handled through the dispute process only.
Usually 24โ48 hours. You'll receive an in-app notification and email (if configured) once reviewed.
Withdrawals and deposits are in USDC (USD Coin), a USD-pegged stablecoin. Bank transfers (coming soon) will be in USD/CAD.
It starts at 50 and rises with each successfully resolved challenge (you submitted a result, both agreed). It drops with disputes filed against you or strikes received.