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faq / Our Trading Platform

Our Trading Platform

Get to know TFST’s Trading Platform and how it works

We do our best to settle trades as soon as possible and usually we are able to do this within 15 minutes of a game’s conclusion.Β As we are a simulator, we wait for sports books to settle their records accurately. These changes in data feeds sometimes are delayed.

The standard timeframe for the settlement of different types of bets is listed below, although please understand that discrepancies in officially quoted scores may lead to delays:

  • Moneyline, point spread and over/under wagers: these are usually graded within 15 minutes of a game’s conclusion, providing all official sources are quoting the same score. The maximum time it will take to grade a trade is 2 hours.
  • Proposition/ future wagers: these are usually graded within 1-2 hours of the end of the event but can sometimes take a little longer.
  • Quarter wagers and props are usually graded as the specific quarter or event ends, unless we are unable to find three concurrent scores from reliable and official sources.Β  In the event of any discrepancies in results from official sources there may be a delay in the grading of the trades.

 

Common Reasons Why Trades Remain β€˜Open’ on TFST

There are several reasons why a bet might still be open on TFST:

  1. Game Completion Required: Most trades require the official end of the game. Sometimes, even if the outcome seems decided during the game, TFST waits for official statistics to grade the trade​.
  2. Third-Party Data Delays: TFST relies on third-party data providers for trade grading. Any delays from these providers can result in trade grading delays​​.
  3. Official Confirmation Pending: TFST often waits for final confirmation from their statistics provider before grading a trade. This cautious approach prevents issues arising from changes in official scoring​​.
  4. Manual Bet Review: Occasionally, TFST may need to manually review certain trades, which can extend the time a trade remains open​​.

How to Respond to an β€˜Open’ Trade Status

  • Patience is Key: Understanding that delays are often part of the process can help manage expectations.
  • Check the Game Status: Ensure the game has officially concluded, as real-time changes can occur.
  • Contact Customer Support: If your bet remains open longer than expected, reaching out to TFST’s customer support can provide clarity.

Avoiding Concerns with Open Bets

  • Stay Updated: Regularly check the status of your trades and any notifications from TFST.
  • Understand Trading Terms: Familiarize yourself with the specific terms of your trades, as some may have conditions affecting how and when they’re graded.

TFSTS’ Commitment to Accurate Bet Grading

TFST aims to provide accurate and timely grading of all bets. The use of reliable third-party data and thorough review processes underlines their commitment to fairness and accuracy in bet grading.

Navigating Open Trades with Ease on TFST

Understanding why bets remain open on TFST is crucial for a smooth betting experience. By familiarizing yourself with the reasons and knowing when to seek support, you can enjoy betting on TFST with confidence and clarity.

Simulated Environments

  • In order to best service our clients, trading in all stages of the cooperation between The Funded Sports Trader and the client is via a demo account.
  • For the avoidance of any confusion, please keep in mind that a Simulated Funded Account is a fully simulated account with real odds provided from sportsbook providers. The sports trading data is sent off to a partnered proprietary trading firms & capital groups where trades are analzyzed, reviewed, and copied at their own discretion for use in their trading strategies are developed using the data.

 

NOTE: All Phase 1 & 2, as well as SimulatedΒ Funded Accounts, are routed through a simulated feed, therefore simulating real market conditions.

 

Disclaimer: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. CFTC Rule 4.41

  • In accordance with our Terms and Conditions, all traders associated with our challenge and simulated funded programs must be the sole traders of their accounts.
  • Due to this, we discourage accessing any trading account via VPN or VPS in order to track the data through our internal systems properly.
  • Please note this is common practice for any service that does not allow multiple users on a single account.
  • To be clear, thisΒ does notΒ mean that you are not allowed to use a VPN or VPS. It just means that if you do, if any potentially malicious activity is found on your account the use of a VPN or VPS will be a highly determining factor of whether you are considered to have violated our terms & conditions.
  • That being said, if you are using a VPN or VPS, please ensure that you are not violating anything in our Terms and Conditions including but not limited to having multiple users trading on your account and using any type of automated trading system.

Using a VPS or VPN when Completing the KYC/AML Verification Process

  • In order to keep our site secure and protect customers’ data, we must ensure that we collect the appropriate verification information in an accurate and secure fashion. As such, when completing the Know Your Customer (KYC) and Anti-Money Laundering (AML) verification process, we request that customers not use a Virtual Private Network (VPN) or Virtual Private Server (VPS).
  • Using a VPS or VPN when completing the KYC/AML verification process may result in your account not becoming funded, and/or any funded account being disabled or breached. We apologize for any inconvenience this may cause and ask that customers take care to follow these guidelines when completing the KYC/AML process with us.
  • Please also note that connecting to Virtual Private Networks (“VPN”) and Virtual Private Servers (“VPS”) when completing the KYC/AML verification process is prohibited. If you are connected to a VPS or VPN when completing the KYC process, your account may not become funded, and/or your funded account may be disabled and/or breached if you are discovered to have completed the KYC/AML process using a VPS or VPN.

About Virtual Funds

  • After a client becomes a Simulated Funded Sports Trader, he/she will be provided with a demo account with simulated funds.
  • For the avoidance of any confusion, please keep in mind that a Simulated Funded Account is a fully simulated account with real odds provided from sportsbook providers. The sports trading data is sent off to a partnered proprietary trading firms & capital groups where trades are analzyzed, reviewed, and copied at their own discretion for use in their trading strategies are developed using the data.

Disclaimer: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. CFTC Rule 4.41

At The Funded Sports Trader, we are committed to providing our traders with the most accurate and reliable odds data. To achieve this, we use FanDuel for our odds data. FanDuel is known for its fairness in setting lines and offers a wide range of markets, ensuring that our funded traders have access to quality odds and a diverse selection of opportunities.

By using FanDuel’s odds data, we aim to create a trading environment that closely mirrors real-world sports betting, allowing our traders to make informed decisions and maximize their trading potential.

In the event that the odds are unable to be pulled from FanDuel’s API, Draftkings odds are set as a backup.

If you have any specific questions or need further information about our data sources, please don’t hesitate to reach out to our support team. We’re here to support your trading journey!

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