Steam will stop issuing refunds if you play two hours of a game before launch day

/ Early Access and Advanced Access count against your total.

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Eight years ago, Valve began offering no-questions-asked refunds for any game you buy on Steam — as long as you asked for that refund within 14 days of purchase and hadn’t played more than two hours of a game.

But when Valve started letting you play games ahead of their release dates

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