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RE: Betting Game - Good News for All - No Losers - Everyone will make money

in #betgames7 years ago (edited)

Based on our terms in the post, say there is only 1 person who bets , and that 1 person bets on both team 1 SBD each, we can’t cut 10% on total amount as that reduces winning amount below what you send, so your amount will be returned to you as is. For the losing amount, yeah we will have to vote to cover your 1 SBD .

Which really doesn’t matter if we get more and more delegates for SP, at this point our payout for losers via upvote will be extremely at slower rate, though winners get their profit within 24 hours of game results

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Yes, well you obviously can't allow betting on both options anyway, given how you are rewarding the losing bets. I had read it literally as winner's always receiving at least one SBD back - but this is per SBD bet, which does make sense. So if I bet 2 SBD, and win, I would always get at least that much back (or $2 SBD worth of votes if I lose).

Yes you are correct! We would have loved to keep betting games every day, but we don’t have enough SP to reward losers every day, so we will post one to two games a week till we get enough delegations.

We will vote with whatever we have to the losers of bet until they recover their SBD, at this point it’s going to be slow considering our voting power is worth $0.07sbd per vote as of now!!