I have been waiting for projects like these. Although it is 'funny' (to me) you guys have chosen the horsebetting system.
Ok, so I was typing these questions, but instead I decided to un-lazy myself and see if I could find the answers in the WP. And I actually did (lol). Only thing that wasnt really clear to me was the 2 years - each 6 months unlock of the tokens of the team.
Project looks very cool. Not sure if 5% takeout will be too much, but even that can be changed. And paying out all profits to token holders as well as already planning to make the tokens useful to bet are all pluses.
Might commit a bit, simply because I am so curious if you guys will be able to make this a big success :-)

Good luck!