Quote from: TheQuin on May 10, 2019, 12:39:59 AM

Quote from: rwinkel on May 09, 2019, 02:47:34 PM

i Have a Question:

In the betting section, what does the TIME WEIGHT MULTIPLIER do to your bet. I don't get the explanation that is given on the site.

------
The Time Weight Multiplier is an additional factor added to our betting events to incentivize early bets by assigning them a higher weight than later bets.

The Time Weight Multiplier starts at 100 for each event and goes down as time passes, eventually reaching 0 when the event ends.

The weight of each bet is assigned as (Bet Amount)*(100%+(Time Weight Multiplier)%). So, a bet made with Time Weight Multiplier of 99x will have a weight of 199% and a bet made with Time Weight Multiplier of 30x will have a weight of 130%.

In the example above, the bet with Time Weight Multiplier of 99x will win 60% (199/(199+130)) of the prize pool and the bet with Time Weight Multiplier of 30x will win 40% (130/(199+130)) of the prize pool.
So the quicker you make your bet, the higher share of the prize pool you can win!
------

What if the odds are 4.42 and the TWM is 45.706x and I bet 1 BTC. My Estimated winnings wil be: 4.42000000. Is this actual my winning or will it be less?

The explanation you have quoted gives all the information you need. The estimated winnings are just that an estimate as it is not possible to know in advance what bets will be placed in the future. The actual payout is a proportion of the total prize pool at the end. Your proportion of the bets placed on the winner are weighted depending on how early you bet.

So if you bet after the TWM is below 50.01X you wil always lose money.?