Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!
0.1 BTC at 100% weight will have a weight of 100+100% = 0.1*200 = 20
0.1 BTC at 30% weight will have a weight of 100+30% = 0.1*130 = 13
So total weight is 33, and on winning first bet will receive 20/33 of the pot and 2nd will receive 13/33.
0.1 BTC at 30% weight will have a weight of 100+30% = 0.1*130 = 13
So total weight is 33, and on winning first bet will receive 20/33 of the pot and 2nd will receive 13/33.
Sorry if I'm asking again but I still don't get it.
Take this example
We have 2.34 odds and when we bet we win the bet multiplied for the odds, Am I right??
So If I bet 1 BTC on Barcelona winners of the Uefa Champions League I will get 2.34 if they win the cup.
What is the difference with the time WEIGHT multiplier?
Does the WEIGHT multiplier change with odds?
Does the WEIGHT multiplier change the odds?
Is the WEIGHT not related with odds?
I think the WEIGHT multiplier is related to the odds, I mean the more time will pass and I think the number on ODDS (probably calculated with a formula from the WEIGHT multiplier) will decrease.
For the same example if I'm right near the end with the WEIGHT multiplier going near 1x, the odds will be near 1? Am I right or Am I tard? Sorry Never seen these kinds of bets.
If the WEIGHT will not change the odds I really don't get how the bets are paid
.