An evaluation with measurable rules
The term “sports betting prop firm” refers to offers that assess prediction results under a contract: performance target, ticket count, duration and loss limits. Platforms do not all use the same rules. The trading name alone does not tell you what you are buying or what might be paid out.
FundMyBet offers two routes: pass a two-phase challenge or buy a directly funded account without completing those phases. The service uses simulated capital. A so-called funded account may entitle you to contractual remuneration subject to conditions; its capital is not a bank deposit in your name.
Challenge or funded account without a challenge: what is the difference?
The challenge starts with two phases: phase 1: 15 %; phase 2: 20 %. In this example, phase 1 requires 15 settled qualifying tickets and phase 2 requires 20, with 5 active days in phase 1 and 10 in phase 2. Results are assessed alongside loss limits and other account rules. Reaching the profit target alone is not enough.
Direct access starts at the funded stage. It removes the two evaluation phases, but not stake limits, loss limits or payout conditions. Its standard price is 3.5 times the standard challenge price: for €25,000 in simulated capital, €249 for the challenge or €871.50 for direct access. Only codes dedicated to directly funded access may apply; challenge codes and VIP discounts are excluded. Direct access has no additional activation fee. After a purchased challenge is passed, funded activation costs €89.
You are choosing a route and rules, not freely withdrawable money. Read the selected tier’s conditions and the price difference before paying.
How does profit sharing work?
On this offer’s funded account, the player receives 90 % of eligible profits. For example, €1,000 in eligible profit corresponds to €900 for the player, provided the contract conditions are met. Initial capital and profits from the demo or evaluation phases are not paid out.
Each period requires, among other things, 5 profitable days and 30 settled tickets. Profits must be eligible, limits respected and open bets settled. Consistency requirements, the minimum payout and any checks still apply.
Understand the limits before placing a prediction
For the challenge in this example, the daily loss limit is 10 % in phase 1 and 8 % in phase 2; the maximum total loss is 15 %. Funded account rules differ: 7 % and 12 % respectively. These limits are calculated on initial capital.
Available balance also accounts for stakes already committed. An open stake is not yet a loss, but it reduces what you can commit to other events. Minimum odds, the per-ticket cap and maximum exposure apply together.
A ticket explained: stake, return and profit
Take the €25,000 challenge with no other open bet. A stake of 2 % of initial capital represents €500. At illustrative odds of 1.80, the potential return shown in the bet slip is €900, including the stake. Potential profit is €400: these two amounts must not be confused.
When the ticket is accepted, €500 is committed. If it wins and is settled at those odds, the balance increases by €400 overall compared with before the bet. If it loses, the loss is €500. A fully voided ticket follows the stake refund rules.
This example explains the calculation without predicting a result. Other account limits still apply. Profit made during evaluation contributes to challenge progression and cannot be withdrawn.
Three amounts to distinguish
Displayed capital is used to calculate stakes, targets and limits. Evaluation fees are the real price paid for the service. Eligible profits after funding form the basis of any payout: initial capital can never be withdrawn.
FundMyBet example: a fee of €249 provides access to an evaluation using €25,000 in virtual capital. That €25,000 is not money received in your bank account. Results achieved during evaluation are not paid out.
What to compare before choosing
A high profit-sharing percentage does not tell you whether you qualify for a payout. Check active days, the calculation period, minimum tickets, restrictions and how losses are treated. Compare evaluation and funded account conditions separately.
- The price actually paid, promotions and refund terms.
- The basis for calculating limits: initial capital, current balance or start-of-day balance.
- When the deadline starts, passing conditions and the definition of a qualifying ticket.
- Withdrawal conditions, request reviews and available support.
Start by understanding the platform
The free demo lets you explore the screens and tracking with virtual capital. Success in the demo does not pass a paid evaluation or predict future remuneration. Challenge fees may be lost if you fail; no income is guaranteed.