Terms

Detailed explanation of evaluation objectives

Funding period:

The funding period starts any time you open your account and it will end after completing the objectives or when the funder violates any member rule, objectives, or general terms and conditions.

Maximum loss:

This rule can also be called “Drawdown”.

2-Step
Maximum Loss is -50% of the initial account balance.
1-Step
Maximum loss is -50% (of initial account balance) relative to the highest recorded balance.
Maximum daily loss:
This rule can also be called “Staker’s daily drawdown”. The rule says that at any moment of the day (PST– Pacific Standard Time), the daily equity decrease must not hit the predetermined limit.

2-Step
Maximum daily loss is -50% (of the initial account balance) relative to the start of the day’s balance.
1-Step
Maximum daily loss is -50% (of the initial account balance) relative to the start of the day’s balance.
Profit target:
The minimum profit target to complete the phase is set between 3% to 25% of the initial balance. All positions must be closed.

2-Step
Profit target is up to 3% for Phase 1 and 5% for Phase 2 (with all sessions closed).
1-Step
The profit target is usually 10% of the initial account balance (with all sessions closed).

1. Craps Trade Staking Evaluation:

Staking Policies and Rules
Craps Trade Staking Evaluation (hereinafter referred to as “Craps Trade Staking Evaluation.” “Craps Trade Prop Betting Club,” “CT,” “TCVC,” and/or “we” and/or “our” and/or “Us”) is operated under the name “Craps Trade”. Craps Trade is registered at The Howard Hughes Center, 3993 Howard Hughes Parkway, Las Vegas, NV 89169. Craps Trade and TCVC Limited is a company that evaluates and source funds for staking, the third-party Proprietary Betting and coding club (hereinafter referred to as “Evaluator” or “Proprietary Betting Club”. All access and/or use of our services is subject to our General Terms and Conditions and these staking Policies and Rules(hereinafter referred to as “Terms of Use” and/or this “Agreement”) in accordance with the terms. For your benefit and protection, it is mandatory for you to take enough time to read and understand this entire Agreement, as well as any other additional information available to you on www.crapstrade.com and the Client Section (hereinafter referred to as “Website”) prior to subscribing to any services with us and before you enroll in the Staking or pay any fees.

You must read, agree with, and accept all the terms and conditions contained in this Agreement without modifications. Should you not understand any part of this Agreement or any information available on the Website, you should contact us before subscribing to the service and taking part in the Staking, or you should seek independent legal advice.

1.1
Parties

This Agreement is made between yourself, as our user (hereinafter referred to as “you” or “your” or, “Staker” or in general terms, the “user”) and Craps Trade Staking Evaluation. This Agreement describes in full detail the Terms of Use you must accept, without restrictions or objections, before registering with us. By registering with us, you are acknowledging that you have read and fully understand these Terms of Use.

1.2
Trading

It is important to understand that under this program we are looking for stakers who can maintain stable and consistent account performance. As such, you hereby agree, not to Stake with ‘unreasonable’ risk or gambling-like strategies. All staking activity will be monitored in real-time to be sure you adhere to the restrictions and guidelines below. Failure to do so may end our relationship immediately and forfeiture of any fees paid or profits due.

1.2.1

Users may not use any EAs, scripts, or robots unless the Craps Trade betting coders has granted such and exception. Craps Trade shall have the right to deem that users coordinate or copy their stakes if several users with the same plans in the same session are made within one minute of each other or if all staked plans, entries, and funding exits are similar. Failing to comply with this rule will result in the termination of all Funded accounts owned by the user. All stakes and profit plans must be based on the user’s own analysis and decisions.

1.2.2
Providing betting formulas to third parties: The user is not allowed to provide betting formulas from Craps Trade coders in any format (digitally or manually) to third parties or any other Craps Trade Accounts without the Sr staff’s approval.

1.2.3
News event staking: News event staking is allowed in Craps Trade Staking Evaluation. However, relying heavily on news staking is not allowed on both $30 up to $600 funded accounts as this is not sustainable. Please remember that high-impact news can affect sessions that are not directly correlated to the casino releasing its session data.

1.2.4
Responsible and consistent strategy: The user’s strategy must be responsible and consistent during the whole session period. The user’s betting must demonstrate that their strategy works in the long term and is not based on pure luck. If the user places an unusually large number of bets for the Services within an unreasonably short period of time or places unusually large or small bets compared to previous bets, it will be considered as harmful or high risk gambling behavior of the Coder. To specify the limit of what is considered a large bet, a user is not allowed to risk more than 50 % of the initial account balance on one session idea including split sessions. Split sessions that are considered as one session idea are as follows: (1) If the session on the same schedule is electronic or live table at the same time at one point in the same hour and (2) the session on the same schedule and casino were closed and opened within 1 hour of each other. In such cases, the Sr. Staff reserves the right to suspend any further sessions of the Services by the coder and has the right to terminate the coders account. If we identify that the unusual behavior as per this paragraph relates to the Coder’s involvement in Forbidden Betting Practices, we may take respective actions as perceived in Section 5 of General Terms and Conditions(https://crapstrade.com/terms). The Provider reserves the right to determine, at its own discretion, the nature of the behavior described above and reasonable boundaries for such determination.

1.2.5
Staking Plans: Craps Trade Staking Plans includes all formulas available on the 716theroeom.

1.2.6
All sessions must be closed before the funding period ends and before the play period can be reviewed.

1.2.7
Exceptions: Based on our individual betting formulas, it is possible to be granted an exception, however, exceptions are granted only after an interview with our Risk assessment team. Without such granted exception(s), users who take unreasonable risks may face termination of our relationship.

2. Staking Account Management & Right of Refusal.

The Company has the right to conclude the contract of the Craps Trade Staking account with the staker – during any part of the Staking Agreement. Should any concerns about user activity and excessive risks on any account arise, the company will attempt to contact the user immediately to conduct an interview and discuss employed betting/staking practices. The company will attempt to find a remedy for the situation. However, should there be no remedy for concerns, the company reserves the right to terminate this Agreement immediately. Such concerns may include:

2.1
The Bettors’s potential for suffering financial losses;

2.2
Stakers of the company’s potential for suffering financial losses;

2.3
The potential damage to the Company’s reputation due to unreasonable usage, defamtion, media of the platform;

2.4
Protection of Capital. The coders are under a contractual obligation to protect staker funds at all times. Should the company suspect that the coders practices employed on a Demo session would not be replicable in live play conditions, the company reserves the right to terminate a contractual relationship with the coder.

2.5
Termination of Agreement Due to Concerns, Betting Violations, And Ethics. Any of the following violations will result in immediate termination of our contractual relationship unless you are able to justify the occurrence: Any form of arbitrage performed in your “Personal” sessions. – e.g., usage of specialized software programs that are designed to exploit possible hedge latencies on a betting Platform or that allow for the use of technological and/or algorithmic betting patterns that are aimed at exploiting odds latency/priced freezes for arbitrage opportunities on a betting Platform, thus resulting in unrealistic and/or fake profits on a stakers account, which would not be possible within the live session environment. Any form of flat or flat-like betting formulas are not applicable to live session conditions due to latency, commission, odds, and betting limitations. Any form of martingale and untrailed betting strategies is not tolerated due to its nature of high leverage and high risk over a large series of sessions. Abuse of technological issues of a coder, intentional or otherwise, where opening and closing sessions might be readjusted and users will be able to continue profiting, which would decrease the profitability or increase the loss, this data will not be taken into account for ‘passing qualification’. Usage of guaranteed ‘Take Profit’ and ‘Stop Loss’ to bet news/price and weekend gaps, due to its possibility in a demo session.

2.6
Difference between Demo session and live sessions. The coder confirms a good understanding of major differences between Live and Demo sessions, which include but are not limited to the following: In most cases – Demo sessions have better odds and abnormal execution behavior relative to the live sessions. Therefore, a user has to consider that a random betting system should be able to perform profitably in a real session scenario, even with a slightly less favorable rolls. Demo sessions have no or very little (artificial) profit/loss, due to no real liquidity. Unlike Demo sessions, live sessions accounts with bets over the table minimum might not be paid immediately or fully on a Real Account. On a real account ‘Stop Loss’ and ‘Take Profit’ are filled only at the level of the very next roll, not at the level of a pre set bet. Sessions on Demo accounts are executed at the minimum bet limit, whereas the session of a live account displays the maximum betting limit.

3. Forbidden betting practices.

3.1
DURING THE DEMO SESSIONS, IT IS PROHIBITED TO:
a) KNOWINGLY OR UNKNOWINGLY USE BETTING STRATEGIES THAT EXPLOIT ERRORS IN THE SERVICES SUCH AS ERRORS IN DISPLAY OF WINS OR DELAY IN THEIR UPDATE;
b) PERFORM BETS USING AN EXTERNAL OR SLOW DATA FEED;
c) PERFORM, ALONE OR IN CONCERT WITH ANY OTHER PERSONS, INCLUDING BETWEEN CONNECTED ACCOUNTS, OR ACCOUNTS HELD WITH DIFFERENT CRAPS TRADE ENTITIES, BETS OR COMBINATIONS OF BETS WITH THE PURPOSE OF WHICH IS TO MANIPULATE, FOR EXAMPLE BY SIMULTANEOUSLY ENTERING INTO OPPOSITE BETTING POSITIONS;
d) PERFORM BETS IN CONTRADICTION WITH THE TERMS AND CONDITIONS OF THE PROVIDER AND THE BETTING PLATFORM;
e) USE ANY SOFTWARE, ARTIFICIAL INTELLIGENCE, ULTRA-HIGH SPEED, OR MASS DATA ENTRY WHICH MIGHT MANIPULATE, ABUSE, OR GIVE YOU UNFAIR ADVANTAGE WHEN USING OUR ONLINE SYSTEMS OR SERVICES; OR
f) OTHERWISE PERFORM BETS IN CONTRADICTION WITH HOW BETTING IS ACTUALLY PERFORMED IN ANY CASINO MARKET, OR IN A WAY THAT ESTABLISHES JUSTIFIED CONCERNS THAT THE STAKER MIGHT SUFFER FINANCIAL OR OTHER HARM AS A RESULTOF THE CODER’S ACTIVITIES.
3.2
Furthermore, Coder shall not exploit the Services by performing bets without applying in house required risk management rules for betting in live sessions, this includes, among others, the following practices (i) placing substantially larger betting sizes compared to Coder’s other bets, whether on this or any other Staker’s/Coders account, or (ii) placing substantially smaller or larger number of bets compared to Coder’s other bets, whether on this or any other Customer’s/Staker’s account. The Provider reserves the right to determine, at its own discretion, whether certain bets, practices, strategies, or situations are Forbidden Betting Practices.

3.3
If the Coder engages in any of the Forbidden Betting Practices described in clause 5.4, (i) the Provider may consider it as a failure to meet the conditions of the particular Craps Trade Staking Evaluation or Verification, (ii) the Provider may remove the transactions that violate the prohibition from the Coder’s betting history and/or not count their results in the profits and/or losses achieved by the demo sessions, or (iii) to immediately cancel all Services provided to the Coder and subsequently terminate this Agreement.

3.4
In case, when some or all Forbidden Betting Practices are executed on one or more Craps Trade Staking Evaluation and Verification accounts of one Customer, or accounts of various Customers, or by combining betting through Craps Trade Staking Evaluation and Verification accounts and Craps Trade Staking accounts, then the Provider is entitled to cancel all Services and terminate all respective contracts related to any and all Customer’s Craps Trade Staking Evaluation and Verification accounts. The Provider may exercise any and all actions in Clauses 5.5 and 5.6 at its own discretion.

3.5
If any Craps Trade user accounts were used for or were involved in the Forbidden Betting Practices, this may and will constitute a breach of respective terms and conditions for the Craps Trade user/coder account with a third-party provider and may result in the cancellation of all such user accounts and termination of respective agreements by the third-party provider.

3.6
If the Coder engages in any of the practices described in clause 5.4 repeatedly, and the Provider has previously notified the Coder thereof, the Provider may prevent the Coder from accessing all Services or their parts, including access to the Client Section and Betting Platform, without any compensation. In such a case, the Coder is not entitled to a refund of the fees paid.

3.7
The Provider does not bear any responsibility for betting or other investment activities performed by the Coder outside the relationship with the Provider, for example by using data or other information from the Client Section, Betting Platform, or otherwise related to the Services in real betting on live sessions, not even if the Coder uses for such betting the same Betting Platform that the Coder uses for demo sessions.

3.8
DEVELOPMENTS IN FINANCIAL MARKETS ARE SUBJECT TO FREQUENT AND ABRUPTCHANGES. TRADING ON FINANCIAL MARKETS MAY NOT BE PROFITABLE AND CAN LEAD TOSIGNIFICANT FINANCIAL LOSSES. ANY PREVIOUS PERFORMANCES AND PROFITS OF THECUSTOMER’S DEMO TRADING ARE NOT A GUARANTEE OR INDICATION OF ANY FURTHERPERFORMANCE.

4. Indemnity and Liability.

4.1
The company shall not be liable to the user or to any third party except by reason of acts that constitute gross negligence, bad faith, or intent to defraud on behalf of the company.

4.2
User will indemnify, hold harmless, and defend the Company and its members against any liability, loss cost, damage, or expense and any amount paid in settlement thereof to which any of them maybe come subject to in acting pursuant to or in furtherance of this Agreement or in connection with any transaction for the Account.

4.3
The company will not hold the user financially liable for any losses incurred on the evaluation accounts, which were the result of technical issues, or caused due to ‘unusual’ movements, which could not be avoided with risk mitigation.

4.4
Only one user profile per verified individual is permitted. One user profile/verified individual can have multiple accounts. Users are not permitted to allow others to use their account and may not use any other Craps Trade account. IP addresses, device IDs, and behavioral data maps will be used by the automated risk system as a basis for determining unauthorized betting activity. All users must be contactable on the telephone number and email provided during verification at any time a session is held. Craps Trade reserves the right to demand extra video verification at any time. Failure to contact the user or to verify identity will result in account suspension.

5. Refund Policy:

The staker has the right to cancel the ordered services within 14 days of purchasing the services (Craps Trade Staking Plan). The staker is aware and agrees that this does not apply after betting has started, meaning, the first session on the funded account.

6. Term of The Agreement.

Either party may terminate this Agreement at any time upon at least 5 business days prior written notice to the other via email or telephone.

7. Craps Trade Coder Program and User Commissions (Phase 3).

If the Customer is successful in both the Evaluation and Verification, the user will be recommended to the Craps Trade Coding Program, the proprietary betting platform operated by Stake.com and may be offered a contract by this third-party company. To get accepted to the Craps Trade Coder Program the user must open an account, provide required betting formula documentation, and sign an agreement with our company. If the user is accepted to the program, the user can start betting at the same initial account size as the user was betting in the Profit Plan Evaluation. The user can also start earning performance commissions according to the agreement signed with the Proprietary Trading Company. All users are compensated on a profit-split basis only. User performance commission depends on the chosen program, risk level, and phase. The user may request a withdrawal of their commission when their account balance on Stake is at least $50 and when the payout schedule is due. Payments will be made by wire transfer or any other payment method available with Craps Trade and Stake. Alternative payment methods may be available, however, the user must ensure that bank transfers are receivable by the institution. The provider will not be responsible for failure to deliver a payout due to mistakes on the user’s end. Nor will payment be re-sent in the event of rejection of transfer by the receiving foreign institution. The receiver may be charged by the payment system.

8. Risk Disclosure.

All content published and distributed by Craps Trade and its affiliates (collectively, the “Associates”)is intended solely for the study purposes related to betting on craps and does not serve in anyway as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the betting of investment instruments. Gambling is a high-risk activity and it is advised not to risk more than one can afford to lose! The information in this document is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. Craps Trade is not a broker.

– Change profit plan requirements at any time in line with perceived or actual excessive changes in volatility and/or liquidity

– Cancel sessions or bets at any time in line with the perceived or actual risk of nonexecution of stop or limit due to session conditions

– Craps Trade or its coders are not responsible for the variable spread, liquidity thresholds, or limit bet execution parameters provided by electronic providers and live table sessions.

Craps Trade Rules 4.41
Hypothetical or Simulated performance results have certain limitations. Unlike an actual live performance record, simulated results do not represent actual betting. Also, because the odds have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain session factors, such as lack table minimum or maximum limits . Simulated betting 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.

9. Approval.

User has read, understood, and agreed to Craps Trade Staking terms and rules on this document, Detailed Explanation of Evaluation rules and objectives published on www.craps trade.com.

No provision of this Agreement may be waived or amended unless the waiver or amendment is inwriting and signed by the user and an authorized officer of the Company. This Agreement shall be subject to the law of Nevada.

This agreement can also be approved and signed by all parties digitally on the Craps Trade agreement. The user has approved this agreement digitally on app.crapstrade.com.

COMPANY
Craps Trade

EMAIL
[email protected]

ADDRESS
The Howard Hughes Center, 3993 Howard Hughes Parkway, Las Vegas, NV 89169