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GAMES MANUAL
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  1. GAMES GUIDE
  2. Predict Game
  3. Predict Explanation

Example

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)

  • User A bets 100 BET UP (bet number 1)

  • User B bets 200 BET UP (bet number 3)

  • User C bets 150 BET DOWN (bet number 2)

  • User D bets 150 BET DOWN (bet number 4)

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.

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Last updated 11 months ago

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Example accounting of 1 round