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Yes but the chance that you lose your bettings can be anything from 5% to 95%. If all you want to do is accumulate magic tokens now in the off chance they are worth something latter, why take the higher risk when the token pay out is the same? Am I I missing something obvious here?

Depends if your goal is to accumulate unknown tokens or win Steem.

Sure, well I guess they got a few steem out of me for it so probably worth it for them.

Hope you got a better overstanding of it now mate?!