At GetBet Funded, we recognise that not everyone has the bankroll to fully leverage their strategies.
That’s where we step in—offering a groundbreaking platform that allows you to earn rewards based on your strategy without risking your own funds.
Here, you have a unique opportunity to test your skills and work towards achieving funded Status.
Your journey begins by selecting your challenge type. We offer a variety of challenges ranging from £1,000 to £50,000 to align with your sports picking strategy.
Once your challenge account is set up, the rules are straightforward: simply place at least 20 picks across your favorite sports while aiming for a 30% return.
Upon successfully meeting these minimum requirements, you’ll move into Phase 2, known as the confirmation phase.
Phase 2 is similar to Phase 1 but with a lower profit target: again, you’ll need to place at least 20 picks while achieving 20% return to advance to the funded stage.
As you progress, keep these rules in mind: losing more than 15% of your account in a single day or over 20% at any point during the challenge will result in automatic disqualification. Your success or failure is determined by the outcomes of your picks.
After completing both phases, you’ll reach game day and achieve funded status, giving you the chance to earn rewards based on your successful picks. You can only lose your account if you hit the maximum loss, exceed the daily loss limit, or fail to place any picks for five consecutive days, which will result in a breach due to inactivity.
Once you have passed phase 1 and 2 and reached the funded stage you will be able to start earning rewards with the GetBet points you accumulate.
Challenge Limit: The maximum capital allocation for participating in our challenges is set at £50,000. This represents the highest amount you can manage during the challenge stage.
Funded Account Cap: Likewise, the maximum allocation for a funded account is limited to £50,000. This ensures that every trader operates with a fair and manageable level of capital.
If you have any questions or need further clarification on managing your account, feel free to contact us. We’re here to support your success!
For each market event, your selections must adhere to the following parameters:
Minimum Selection: You must allocate at least 1% of your total account balance to any single market.
Maximum Selection: No more than 10% of your account balance can be invested in any single market.
These rules are designed to maintain a structured risk management approach, fostering responsible decision-making and encouraging thoughtful strategy.
Withdrawal Limit:
Lowest Withdrawal: The smallest amount you can withdraw from your rewards is set at £50. This rule helps ensure an efficient process for both participants and our team.
How to Request a Withdrawal:
After your rewards balance reaches $50 or more, you can submit a withdrawal request. Simply follow the instructions in your dashboard to start the process.
Which sports can I make selections for in my GetBet Funded Challenge?
At the moment, you can choose from Soccer, Tennis, Horse Racing, Cricket, E-Sports, Rugby Union, Rugby League, American Football, Boxing, MMA, Snooker and Darts.
Q: What is a multiple bet/accumulator?
A: A multiple bet/accumulator is a type of pick that combines multiple bets into a single one. To win, every selection within the parlay must be correct. The appeal of multiple bet/accumulator lies in the potential for higher payouts compared to placing each bet separately, as the odds increase with each additional selection. However, the risk is greater because if even one selection is wrong, the entire multiple bet/accumulator is lost. multiple bet/accumulator are common in sports betting and can include different types of bets, like point spreads, moneylines, or over/under totals.
Q: How do multiple bet/accumulator on GetBet Funded?
A: On GetBet Funded, users can create multiple bet/accumulator picks with a maximum line odds of +2500. This limit encourages smart, strategic play on the platform, helping users make well-considered decisions when constructing multiple bet/accumulator. Be sure to keep this odds cap in mind when creating your multiple bet/accumulator picks.
Q: What happens if one of my picks in the multiple bet/accumulator ends in a push?
A: If one of your picks results in a push (a tie or draw), that selection is removed from your parlay, and the odds and potential payout are recalculated without it. This ensures the final outcome of your parlay is fair and accurate on GetBet Funded.
What are the rules regarding account management in our sports challenge?
We do not allow any form of account sharing or management by multiple individuals. If we detect a high number of identical picks across different accounts, we will investigate further using our monitoring tools. Any violation of this rule may lead to the termination of the account involved.
Why is account access restricted to one user?
Limiting account management to a single user helps ensure fairness, integrity, and personal responsibility within the competition. This policy prevents potential exploitation or manipulation of the challenge, keeping the competition standards high.
What happens if the account management policy is violated?
If it’s found that the policy has been breached—such as multiple accounts placing the same picks—we will investigate the situation. Depending on the outcome, the account may be terminated. It’s important to follow the guidelines and avoid any form of account sharing or external management.
If you have any questions or need clarification on our account management policy, please feel free to contact us. We’re dedicated to maintaining a fair and transparent environment for all participants.
Sports picking involves various methods that allow individuals to place bets on specific outcomes, with the potential for financial rewards if those outcomes occur. A moneyline pick refers to betting on the outright winner of a game, while a spread pick involves predicting if a team will win or lose by a certain margin. Combining multiple outcomes into one bet is known as a accumulator.
In addition to moneylines, spreads, and accumulators, there are also prop picks, which focus on specific events, like the number of points a player will score. The sports picking landscape is broad and caters to a wide range of preferences.
For both beginners and experienced bettors, sports picking enhances the excitement of watching games, adding another layer of engagement beyond the final score.
For those new to sports picking, familiarising yourself with the terminology is essential. The range of terms can seem overwhelming at first, but our beginner-friendly explanations of each sport will prepare you to participate confidently and potentially secure wins!
Understanding odds can be challenging for newcomers to sports picking. Different platforms may present odds in various formats, such as American, decimal, or fractional. This guide aims to clarify how to read these odds and what to expect regarding potential payouts.
Keep in mind that payouts and profits may vary slightly based on the calculation methods used for conversions or parlays. The figures in this guide are illustrative and might differ from actual outcomes.
Odds are used to express the likelihood of different results in a sporting event. In sports picking, odds typically appear as a ratio, showing the less likely outcome first. For instance, odds of 3 to 1 indicate that the chances of losing are three times greater than winning.
Fractional Odds:
Fractional odds are straightforward. They are typically displayed with a dash, colon, or slash (e.g., 2-1, 2:1, or 2/1). To calculate winnings, multiply your stake by the fraction, and to find implied probability, divide the denominator by the sum of the numerator and denominator.
True Odds vs. Implied Odds:
True odds reflect the actual likelihood of an outcome, while implied odds are based on the figures provided by sportsbooks. By comparing these odds, pickers can identify advantageous betting opportunities.
Understanding the intricacies of odds enables pickers to make informed choices and maximise potential returns. For further help with calculating payouts, consider using our odds calculator. Happy picking!
A moneyline pick focuses exclusively on the likelihood of a team winning, without a point spread. For instance, a moneyline of +150 means that a £100 bet could win you £150 if that team prevails. Conversely, a moneyline of -150 means you’d need to wager £150 to win £100.
Point spreads, also referred to as lines or handicaps, typically come with odds, often around -110.
For example, if a football game features the New York Giants versus the Dallas Cowboys, and the line is set at +3.5 for the Giants, they must either win or lose by no more than three points to “cover” the spread. If the final score is Giants 24, Cowboys 21, betting on the Giants to cover results in a win.
An over/under pick bets on the total amount of a specific event in a game, such as total points scored or yards gained. These bets also come with odds, usually around -110.
For instance, if you’re betting on a Miami running back’s total rushing yards set at 97.5, he must gain 98 yards or more for the ‘Over’ to win.
A multiple bet/accumulator bet combines multiple outcomes into one wager. To win, all selected outcomes must be correct. The odds for each individual pick are multiplied to determine the overall odds for the parlay.
For example, if you bet on Dallas at -120 odds and Miami at +150 odds, the combined odds would be +450. If both teams win, a £20 bet could yield a £90 profit.
Point Spread or Handicap markets allow you to wager on whether a chosen team will win by a certain number of points or lose by fewer than a specified margin. If the adjusted outcome results in a tie, the bet is void. For example, if you bet on a team with a -3.0 spread, the wager is void if that team wins by exactly 3 points (like 27-24 or 30-27). In this context, “margin” refers to the difference in scores between the two teams.
Unless specified otherwise, all spreads and handicaps listed on the GetBet Funded site are calculated from the start to the end of the designated time period. However, for certain sports, such as in Asian Handicap soccer betting, only scores from the moment the bet is placed until the end of the specified period are considered, ignoring any points scored prior. This unique condition will be clearly indicated on the site and noted in the user’s Pick History.
Example of a 2-Way Point Spread:
The term “Point Spread” can also be known as “Puck Line” in hockey or “Run Line” in baseball.
In a 3-Way Handicap, the market allows for a tie outcome, presenting three possible betting options:
The Money Line is a straightforward 2-way market focused on who will win the game or event, including overtime.
The Total Points market, which can also refer to Goals or Runs, is a 2-way market that allows you to wager on the combined score of both teams in a game. The total is set at a specific line, and bets can be placed on whether the score will go Over or Under that number. If the final score equals the total, all bets are declared void. Totals can be established for various occurrences, such as points, goals, corners, or rebounds.
Example: If the Total Points line is set at 128.0 and the final score is 64-64, the bets will be void.
“Match Sports Picking,” also known as Win-Draw-Win or Match Result (Regular Time), allows you to bet on the outcome of a match with three choices: Home Team, Tie/Draw, or Away Team. Results are determined at the end of regulation time.
Outrights or Futures betting involves choosing a participant to win or finish in a specific position in a future event or competition. If multiple participants finish in the same position, the “Dead Heat Reduction Rules” will apply for settlement.
In Virtual Matches or Head-to-Head betting, the performances of two or more participants not competing directly are compared. Settlements depend on predefined occurrences (e.g., goals) in their respective events. The following criteria are used for settlement:
If determining outcomes remains unclear after applying the above criteria, the settlement will rely on:
The Grand Salami lets you bet on the total number of occurrences (e.g., total goals, runs) across multiple events. All relevant events must be completed for picks to count unless a settlement has already been reached.
For Player Props, Over/Under bets involve predicting a participant’s performance in events. “Over” means a lower placement, while “Under” indicates a higher position. For example, if you bet on a player’s finish with an Over/Under line of 2.5, a settlement of Under occurs if the player finishes 1st or 2nd, while any other finish is considered Over.
Head-to-Head markets compare participants’ performances based on specified statistics in the Sports Picking market. Settlement relies on the official scoring statistics from the sport’s governing body.
Correct Score betting allows you to predict the precise score of a game or event.
Winning Margin bets enable you to select the correct point band by which a team will win. For instance, if you predict the Patriots will win closely, you might choose the New England Patriots 1-6 Points Winning Margin, which would be a winning pick if they win by any margin from 1 to 6 points.
Odd/Even markets involve predicting whether a predefined occurrence will result in an odd or even total, such as goals, points, corners, rebounds, or penalty minutes.
Head-to-Head or 3-Way markets compare two or three participants or outcomes from an organized event or virtually defined scenarios.
Half Time/Full Time bets let you wager on the outcomes at both half time and full time. For example, if the score is tied at half time and the game ends with one team winning, the winning pick would be the outcome for the full time. If the game format changes from what was stipulated at the time of the bet, the pick will be void.
Draw No Pick or Tie No Pick allows you to bet on either the home or away team, often used when no tie odds are offered. If the game ends in a tie, the stakes will be refunded.
Double Chance betting allows you to select two potential outcomes from three possibilities in a game (e.g., Home/Draw, Home/Away, Draw/Away). These picks are settled at the end of regulation time.
Picks for specific quarters, halves, or periods only consider outcomes and occurrences during the designated timeframe, excluding any prior results. If the game format differs from what was initially stated, picks will be void.
These picks refer to the outcome after the specified quarter, half, or period and include all points/goals/events from previous segments.
Race to ‘X’ picks involve selecting the first team or participant to reach a specific point total within a stipulated timeframe. If no team reaches the score within the designated time, the pick is void unless a tie outcome is available.
First/Next Occurrence bets focus on the participant achieving a specified event first. Prior events do not factor into the settlement. If the event does not occur within the specified time, the pick will be void.
“Team to score first and win” refers to a team scoring the first goal and going on to win the game. If no goals are scored, all picks are void.
“Team to win from behind” refers to a team winning after being down by at least 1 goal or point at any point in the game.
Picks related to titles like “Player of the Match” or “Most Valuable Player” will be determined by the event organizer unless stated otherwise.
For picks referencing “decisive goal,” settlement is based on the player whose goal leads to an unassailable lead. Goals in regular time and extra time count, but penalty shootout goals do not.
Occasionally, GetBet Funded may offer Odds Boosts, which enhance potential outcomes for a participant or team, either individually or combined. GetBet Funded reserves the right to modify or withdraw these offers at its discretion.
Settlement criteria include:
Mythical 2/3 Balls are a type of golf bet allowing you to select between two or three golfers who are not directly competing.
“Rest of the game” picks only account for outcomes from the time of placement until the end of the specified period, ignoring any occurrences before the bet was accepted.
Picks focusing on specific timeframes will only include outcomes and events from that defined period. Other points or events from outside the timeframe will not be counted unless otherwise stated.
An Each-Way (E/W) or Win/Place (W/P) pick consists of two parts: one for winning and another for placing. The win part bets on outright victory, while the place part wagers on finishing in a specified position (e.g., 1st, 2nd, or 3rd). When placing an Each-Way bet, the wager amount is doubled, with half on the win and half on the place. Each event has its own place terms based on the number of participants
Hedging refers to a betting approach where an individual places a wager on the opposite outcome of their initial bet, either before the event starts or after the chances of their original selection winning have improved.
Please note that hedging is not permitted on the GetBet Funded platform.
Target Reward: Aim for a reward equal to 30% of your initial balance.
Daily Loss Threshold: Ensure that your losses do not exceed 15% of your starting balance in any single day.
Total Loss Limit: Keep your overall losses below 20% of your original balance.
Minimum Bets: Make at least 20 sports wagers during this stage.
Game Risk Range: Set your risk per game between a minimum of 1% and a maximum of 10%.
Completion Timeline: Finish these tasks within a 30-day period.
Target Reward: Again, aim for a reward of 20% of your initial balance.
Daily Loss Threshold: Ensure daily losses do not surpass 15% of your starting balance.
Total Loss Limit: Your cumulative losses should not hit 20% or more of the original balance.
Minimum Bets: You are required to place at least 20 sports wagers in this phase as well.
Game Risk Range: Maintain your risk per game within 1% to 10%.
Completion Timeline: Complete this phase within 30 days.
Daily Loss Threshold: Do not exceed a 15% loss of your initial balance in a single day.
Total Loss Limit: Ensure your total losses stay below 20% of the starting balance.
Minimum Bets: You must make a minimum of 20 sports picks in this phase.
Game Risk Range: Keep your risk per game between 1% and 10%.
Monthly Reward Limit: For withdrawals, rewards should not exceed 35% of your initial balance for the first withdrawal, 45% for the second, and 50% for the third and subsequent withdrawals. You will receive 70% of any earnings up to this limit. Any earnings beyond this cap will not be eligible for payout.
Time Constraints: There is no specific time limit for this stage.
Complete KYC Process: Finish the Know Your Customer verification.
Access: You can access your account at any time, but rewards will only be granted after completing the KYC.
Fulfill the reward objectives, loss limits, minimum picks, and risk parameters in two 30-day phases.
Complete the KYC process afterward.
The daily loss timer resets at 4 AM each day.
You cannot incur losses exceeding 15% during that 24-hour timeframe.
Targets are determined by the first games to conclude.
If the first 4 of your 10 picks win and meet the profit goal, you can advance to the next phase without waiting for the others.
Conversely, if the first 4 of 10 picks lose and exceed the -20% threshold, your account will be immediately flagged, and there is no need to wait for the remaining picks.
KYC Verification: Once your funded account is activated, you can complete the KYC verification process through your GetBet Funded Portal. Navigate to the Rewards section and click on the KYC option to confirm your identity.
Payment Information: To set up your payment method, go to the Rewards section and select Payment Details. Here, you can enter your bank information.
Requesting Rewards: If you’ve reached the stage to redeem rewards, make sure you’ve completed KYC and provided your payment information (bank account) to facilitate a smooth withdrawal process.
Payout Schedule:
After reaching the funded level, you’ll need to wait a minimum of 30 days before your first payout. Following this period, you can request withdrawals every two weeks. This system aims to identify individuals with the most effective sports betting strategies.
When you initiate a withdrawal, we will first apply the monthly rewards cap. Any profits exceeding your player score limit will then be deducted. You will receive 70% of the adjusted profit as outlined in our rewards sharing agreement. After your third successful payout, this profit split will increase to 80%.
The monthly rewards cap is set at 25% of your initial balance on a three-step plan (for example, with a £10,000 account, you can withdraw up to £2,500 per month). In a two-step plan, your profit caps are 35% for the first withdrawal, 45% for the second, and 50% for the third and subsequent withdrawals. You can request your first withdrawal after a 30-day waiting period. Once the first withdrawal is complete, you will then qualify for bi-weekly withdrawals.
If you have any inquiries regarding the contract or the rewards process, don’t hesitate to reach out. We’re dedicated to ensuring your experience with sports picking is both seamless and rewarding!
In this structure, your monthly withdrawal limits are set at 35% for the first payout, 45% for the second, and 50% for the third and any subsequent payouts. For example, if you have a £10,000 account, you could withdraw up to £3,500 for your first payout, £4,500 for the second, and £5,000 for the third. Similar to the three-step challenge, the first withdrawal request can be made 30 days after your first funded pick, followed by bi-weekly withdrawals of 50% of the monthly cap thereafter.
For all challenges, you will receive 70% of any earnings up to the cap. Once you’ve completed three payouts, that share increases to 80%. Please note that any earnings exceeding the cap will not be eligible for payout.
If you have any questions or need additional clarification about the monthly rewards cap, don’t hesitate to reach out. We’re here to help you navigate and maximise our rewards program!
Yes, in many countries, including the United Kingdom, you are obligated to declare and pay taxes on any earnings, including the rewards you receive from GetBet Funded.
To accurately report your GetBet Funded rewards, include them on your annual tax return. As an independent contractor, you might need to complete additional information depending on your location to detail your income and related expenses.
For personalised guidance, it’s advisable to consult with a tax expert.
The 5-day inactivity policy is designed to maintain account engagement. Here’s how it works:
Staying active is essential to prevent an inactivity breach on your funded account.
Point spreads in sports betting indicate the expected margin by which one team is anticipated to win or lose against another. This mechanism is designed to equalize the competition by giving a head start in points to the underdog while deducting points from the favored team. The primary objective of these spreads is to create balanced betting action, thereby reducing the apparent disparity in skill levels between the competing teams.
In sports betting, “over and under” pertains to forecasting whether the total points scored by both teams in a match will exceed (over) or fall below (under) a specific number set by the sportsbook. This type of bet emphasizes the overall scoring in the game, enabling bettors to predict if the final tally will go beyond or below the established threshold.
The money line in sports betting indicates the odds for a team to win a game directly, without factoring in any point spreads. It provides a clear method for bettors to select which team they think will win, with odds assigned according to each team’s likelihood of success. This betting format allows sports enthusiasts to place their wagers on the team they predict will claim victory in the matchup.
In sports picking, a multiple bet/accumulator is a type of wager that aggregates several individual selections into one combined bet. For a multiple bet/accumulator to be successful, every single selection must win. While multiple bets/accumulators can lead to significantly larger payouts than placing individual bets, the risk is greater because if any one selection fails, the entire wager is lost. Essentially, multiple bets/accumulators offer a higher-stakes approach to sports picking, where the overall outcome hinges on the performance of all included selections.
Once registered visit the sports page and view all the selected markets available. Add them to your Pick slip and click the submit button to place your pick.
GetBet Funded is not a casino, sportsbook, or gambling operator and does not accept or place any type of wagers. We do not endorse or promote illegal gambling in any form. All information and services offered by GetBet Funded are for educational and entertainment purposes only. No real money wagering takes place on our website, and all challenge accounts utilize virtual ‘profit points’ to demonstrate theoretical pick results based on real-time sports odds from established operators.
© 2024 GetBet Funded. All Rights Reserved
By submitting this form you agree to receive email marketing content and agree to our Privacy Policy & Terms