Rules and Objectives

Written by My Bet Funding
Updated 2 months ago

Phase 1 Requirements:

Reward Goal: Achieve a reward of 33% of your initial balance.

Daily Loss Limit: Do not lose 15% or more of your account in a single day.

Total Loss Limit: Ensure that your total loss does not reach 20% or more of the initial balance.

Minimum Selections: Make at least 25 sports selections during this phase.

Risk per Game: Maintain a minimum risk of 1% and a maximum of 10% per game.

Time Limit: Complete these requirements within 30 days.

Phase 2 Requirements:

Reward Goal: Achieve a reward of 33% of your initial balance.

Daily Loss Limit: Avoid losing 15% or more in a single day.

Total Loss Limit: Your total loss must not be 20% or more of the initial balance.

Minimum Selections: At least 25 sports selections are required in this phase as well.

Risk per Game: The risk per game must be between 1% and 10%.

Time Limit: This phase must be completed within 30 days.

Funded Account Requirements:

Daily Loss Limit: Avoid losing 15% or more in a single day.

Total Loss Limit: Your total loss must not be 20% or more of the initial balance.

Minimum Selections: At least 25 sports selections are required in this phase as well.

Risk per Game: The risk per game must be between 1% and 10%.

Monthly Withdrawal Cap: Monthly rewards must not exceed 50% of the initial balance. You will receive 70% of any profit up to this limit.

Any amount earned above this limit will be disqualified for payment.

Time Limit: No time limit.

Final Step: Complete Identity Verification (KYC).

Rewards and Account Access: You can access your funded account at any time, but you can only request rewards after completing the KYC process.

Frequently Asked Questions: Comprehensive Path to a Funded Account

Q: What are the detailed requirements to advance to a funded account?

A: To reach a funded account, you must meet reward goals, daily and total loss limits, make a minimum of 25 selections, and comply with risk limits per game across two phases. Phase 1 requires a reward of 33% within 30 days, and Phase 2 also requires a reward of 33% within 30 days. After successfully completing both phases, completing KYC is essential.

Daily Loss Timer Reset: The daily loss timer resets every day at 4 AM EST. Therefore, you cannot lose more than 15% within that 24-hour period.

Challenge Goal Functionality: All goals are based on the first games that finish. For example, if you make 10 selections but the first 4 reach the 33% profit goal, you will advance to the next phase. You do not need to wait for the rest of the selections to close. The same applies to losses. If you make 10 selections and the first 4 lose and exceed the -20% threshold, your account will be non-compliant immediately without waiting for the other selections to close.

Minimum Selection Functionality: Multiple selections made on the same outcome will not count as more than one selection towards the selection goal.

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