Updated
Updated · GlobeNewswire · Jul 15
OddsON Launches US Sports Prop Trading Firm With Free $1,000 Simulated Accounts
Updated
Updated · GlobeNewswire · Jul 15

OddsON Launches US Sports Prop Trading Firm With Free $1,000 Simulated Accounts

3 articles · Updated · GlobeNewswire · Jul 15

Summary

  • OddsON went live nationwide on July 15, offering U.S. users a free $1,000 simulated account and positioning itself as the first prop trading firm built solely for sports prediction markets.
  • The platform uses a two-stage evaluation—Qualifier and Verification—to test consistent, risk-managed trading against live sports markets, with rules on stake size, daily losses and overall drawdown.
  • Traders who pass can receive a funded account with no profit target or time limit, and keep 75% of the profits generated under the firm's model.
  • OddsON says no user risks real money during challenges, framing payouts as performance rewards rather than betting winnings as it adapts the prop-trading model from equities and forex to sports.

Insights

OddsON offers a free path to pro trading, but is it a real opportunity or a statistical illusion for most users?
With regulators clashing, can a 'simulated' sports trading firm truly escape gambling and finance laws?