FundMyBet is an educational platform designed to provide users with a skill-based competition environment for sports betting strategies. All participation on the platform is for simulated purposes only, using real sports data to evaluate users’ picking proficiency. No actual bets are placed with real money, and FundMyBet does not operate as a sportsbook or gambling company.
2. No Financial or Gambling Services
FundMyBet does not accept, hold, or process any picks on behalf of users, nor does it function as a betting exchange or bookmaker. Participation in FundMyBet’s challenges is not equivalent to gambling, and users do not risk losing personal funds beyond the challenge entry fee.
3. Simulated Betting & Risk-Free Environment
All accounts provided in the funded phase operate within a simulated betting framework. Users’ performance is assessed based on real sports market data, but no actual wagers are placed. This ensures a structured and responsible experience focused solely on educational and strategic development.
4. Leaderboard Competition & Rewards
Players compete in a skill-based environment to rank in the top 3 of the leaderboard. Top performers may gain the opportunity to receive a reward, based on their placement and adherence to challenge rules. Rewards are not guaranteed and are determined at FundMyBet’s sole discretion.
5. No Guarantee of Success
FundMyBet does not guarantee that participants will achieve profitability or successfully complete the challenge. The ability to pass the challenge or place on the leaderboard depends entirely on the user’s skill, discipline, and adherence to the platform’s rules.
6. Regulatory & Legal Compliance
FundMyBet is an independent educational platform and does not fall under gambling or financial regulations applicable to sportsbooks, casinos, or investment firms. Users are responsible for ensuring their participation complies with their local laws and regulations. FundMyBet is not liable for any legal or tax implications resulting from user participation.
7. KYC Verification
To maintain compliance and ensure security, all users must complete Know Your Customer (KYC) verification. Newly funded participants must place a minimum of 20 single picks before becoming eligible for verification.
8. Limitation of Liability
FundMyBet shall not be held responsible for any financial losses, misinterpretations, or reliance on the platform for income. Participation is at the user’s own discretion, and FundMyBet disclaims all liability related to technical failures, loss of access, or any disputes arising from platform use.
9. Updates & Amendments
FundMyBet reserves the right to update, modify, or amend this disclaimer at any time. It is the responsibility of users to stay informed about any changes to the platform’s terms, policies, and services.
For any inquiries or concerns, please contact us at help@fundmybet.io.