Please no trolling/thread capping please. I'm pretty stoked about getting this rolling and somebody who wants to do business.
Like I stated in the OP the worst case scenario is that you get all your bit coins back after 24 hours
I'm more than willing to share more information with the investor, but here's what it comes to:
1st - 50.00% (Bet 1BTC. If won on 2nd book then ship back 15BTC plus 50% of winnings if hits on the 1st sportsbook ...)
2nd - 75.00% (Bet 2BTC. If won on 2nd book then ship back 15BTC plus 50% of winnings if hits on the 1st sportsbook ...)
3rd - 87.50% (Bet 4BTC. If won on 2nd book then ship back 15BTC plus 50% of winnings if hits on the 1st sportsbook ...)
4th - 93.75% (Bet 8BTC. If won on 2nd book then ship back 15BTC plus 50% of winnings if hits on the 1st sportsbook ...)
So pretty much what you are doing is flipping a coin 4 times. If it hits heads every single time then you just get your 15BTC back. If it hits tails any of the of the 5 times then you get your 5% earnings.
The ROI all depends upon the discounted money that is purchased. So for example, the left column is the discount money is purchased at. Middle column is money that will be earned. Last is the amount we should earn:
Purchased at X Value | Total Value Earned ($) | Split Between 2 ($)
99% 0.75 0.375
98% 1.5 0.75
97% 2.25 1.125
96% 3 1.5
95% 3.75 1.875
94% 4.5 2.25
93% 5.25 2.625
92% 6 3
91% 6.75 3.375
90% 7.5 3.75
89% 8.25 4.125
88% 9 4.5
87% 9.75 4.875
86% 10.5 5.25
85% 11.25 5.625
84% 12 6
83% 12.75 6.375
82% 13.5 6.75
81% 14.25 7.125
80% 15 7.5
79% 15.75 7.875
78% 16.5 8.25
77% 17.25 8.625
76% 18 9
75% 18.75 9.375
Usually the money is purchased anywhere between 75-85%, but with the market so flooded now it's easy to get it cheaper.
Any questions, PLEASE PM or post in thread.
Thanks!