<aside> 💡 Organize betting pools. The community wins by creating pools, adding and verifying results and, of course, by participating in pools.🎉

</aside>

Roadmap

This document details the operation of the first decentralized pool betting platform. Where all the collaborators of the platform receive payments for participating, either as a gambler, pool maker or results verifier.

Below is an example of the calculations made to deliver payments for participating in a pool:

Low Risk (20%)

Now, we explain in detail how the payout dispersion of a pool is done.

In this example, a pool of low risk is created for bettors, which means that the entry fee is 20%, meaning that if your selection DOES NOT win, the bettor receives back the 80% of his original bet.

<aside> 👉 The distribution of the entrance fee for a low risk pool, with a 20% entrance fee, is as follows:

• 2.5% is for the factory of pools (the platform).
• 5.5% is divided between creator (30%) and verifiers (70%)
• 12% to divide between the winning bettor/s of the pool.
• 80% is refunded to gamblers whether or not they win. </aside>

The pool receives 5 bets, 2 for selection A, 1 for selection D and 2 for selection H.

At the end of the event, verifiers enter that the winning selection is H.

Once the pool results are entered and verified, bettors, creators and verifiers can claim their payment.

Below is the distribution of payments for each of the roles in the example pool:

• The factory receives 0.09 Ξ
• The creator receives 0.0594 Ξ
• Each verifier receives 0.0277 Ξ, the pool requires 5 verifiers to obtain a final result. The results entered must all be equal, that is, the verification must be unanimous.
• Bettors 1, 2 and 3 who selected A and D and DID NOT win, can claim the refund of 80% of their bet, i.e. 0.4 Ξ, 0.8 Ξ and 0.28 Ξ, respectively.