Withdrawal balance is your turned-over balance from your settled bets.
You can deposit before or after making your selections for your bet. After you deposit, it is a requirement that you turn over your deposit at least once.
This means funds deposited into your betM account need to be used for placing bets first. Once your bets settle and your account is credited with the returns, you will be able to request a withdrawal.
For example, if you have a balance of $500, but $100 is from a deposit and the other $400 is from bet winnings, your withdrawable balance would be $400. To withdraw, the remaining $100 deposit must also be turned over.
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