Withdrawals
How do we make a withdrawal?
Last Updated: April 15, 2026If you’re the club captain, hit the Club Menu and go to Club Withdrawals and tap/click on Propose a withdrawal. On this page you can choose to withdraw ‘an amount per person’* or ‘a total amount’. Enter the amount you want to withdraw (if total amount, enter the total amount, if per member, enter the...
Where is my club payout?
Last Updated: April 15, 2026All club payouts (withdrawals or leave club payouts) are sent to your personal GRSbet account. Contact us on LiveChat if it is not in your personal account.
Can I pay out just one member?
Last Updated: April 15, 2026The only way to withdraw money from a club as an individual is to leave the club. Members can rejoin the club again if they are still keen!
How are payouts calculated?
Last Updated: April 15, 2026When a club does a total amount withdrawal or a member leaves, their dividend (or ‘payout’) is calculated against their equity. Their equity is is their contribution to the club in terms of percentage. Equity example: If a member has contributed $10 in a club what all members combined have contributed $100, the member’s equity...
Can we withdraw to just the captain’s account?
Last Updated: April 15, 2026This can be done. You need to propose the withdrawal via the Club Withdrawals page. Then STOP AND WAIT. Members will receive a notification (email). They then need to approve the proposal via the email or ‘unread notices’ in app or website. The approval tells us to send their share of the withdrawal to the...
How do I approve a withdrawal?
Last Updated: April 15, 2026When your Captain proposes a withdrawal, you can approve it to have your funds sent to their GRSbet account (instead of your own). You can also Deny (or just do nothing) and then your funds will payout to your own GRSbet account. You can approve/deny the proposal in two ways; Via the links in the...
Where did my withdrawal or payout go?
Last Updated: April 15, 2026All withdrawals from the club (including leaving a club) are paid to a personal GRSbet account. Payout not in your account? See the article Where is my club payout? NOTE: Club withdrawals cannot be sent directly to bank accounts.