ℹ️Example of predict round accounting

This page describes the internal accounting mechanism of predict winnings payout

Lets assume there were 3 players : Anna (A), Bob (B), Candy (C) and Denny (D)

The total pool of bets is 600 BET

Lets assume that the bonus pool is 5% for this example
- 5% of 600 BET = 30 BET in bonus pool
There is 285 BETs in UP pool
There is 285 BETs in DOWN pool
Total pool for wins = 570 BETs
Total bonus pool is 30 BETs

Lets assume that the result of the draw is UP

Total pool of 570 BETs is split among the winners
We have to deduct 3,6% that goes to conservative staking.
- 570 BET - 3,6% = 549,48 BET
The remaining 549,48 is split between users A and B as those users bet UP. The ratio between user A and B is 1:2 as user 1 bets 100 BET and user B bets 200 BET
- Brutto win of user A is 183,16 BET
- Brutto win of user B is 366,32 BET (twice more)
Total bonus pool is 30 BET is split among winners according to size and positin of their bet.
This 30 BET bonus is also subject of 3,6% BET. Net bonus = 28,92 BET
- User A made the first bet out of 4 so he has 4 shares and value of 100 BET.
  - User A receives bonus of 14,46 BET (15 BET - 3,6%)
- User B made the third bet out of 4 so he has 2 shares and value of 200 BET
  - User B receives bonus of 14,46 BET (15 BET - 3,6%)
- Note that user B bets twice more but receives the same bonus as he was betting later than user A who held bigger risk

Check the attached drawing that includes the described example of accounting of 1 round.

Last updated 4 months ago