Social and dynamic sports betting
Social betting game based on sports scores (a certain team wins/ or there is a tie)
There are 3 options from which you can select a bet on results:
- A particular sports team – host team
- A particular sports team – visiting team
- A tie between the teams
Each option has its own dynamic winning odds.
The odds of winning are the winnings amount on the bet as a ratio of the total amount of money in the pot (which is marked on the game balls).
The odds of winning is the formula used to calculate the winnings that the user will earn if he makes a winning bet.
The odds of winning is multiplied by the amount of money that the user bet.
For example: If I bet 100 STP on team 1 and the odds of winning are 3, and my bet is correct – then I win 300 STP.
The odds are determined by user activity alone — and with no third party intervention — using smart contracts on the blockchain network.
The total amount of money in the pot is split among those who selected the winning outcome.
Bet correctly — and win!