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RE: Betting Game 1 - Cricket - Aus Vs Eng - Jun 13, 2018

in #betgames6 years ago (edited)

You math is a little wrong here @loukosportbola, if you win you will always be in profit
Lets take same example,

Example :

if 100 people bet in total. Say 25 people bet on team A and 75 people bet on team B.
if team B ends up winning.

Total Received amount=100SBD
Fund After Subtracting 10% Fee=90SBD

In this case BetGame bot will pay every winner = 1.2 SBD ( 90 divided by 75 people) i.e 0.2SBD profit.

If 100 people bet and 100 people win your bet amount will be refunded without subtracting fee

happy winning,
@betgames

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Shouldn't the 10% fee only be taken from the loser funds... In order to ensure the amount received by the winners will always be 1SBD or higher.
What if only 3 out of 110 votes is for the loser??:
After fee the Funds are at: 99SBD
Divided among 107 winners: >0.93
And this is not a case of 100% winning so the amounts will not be refunded.

Any moment deducting fee makes the amount go below 1 SBD, the amount will be split without deducting fee. Thanks for asking this.

The winners are made sure they get anything >=1SBD back to their account.

Happy betting,
@betgames.