Quote from: HalvingGame on April 28, 2020, 10:28:44 AM

Introducing The Halving Game, a fun platform about anticipating the Bitcoin price.

Can you predict the BTC/USDT price on Binance at the time of halving on May 12?
Then make your bet and win your share of the pot! It’s 100% anonymous, no email address required.

How does it work?

Everyone makes one or more bets with their own price prediction. At the time of halving (when block 630,000 hits), those bets within a +/- 2.5% range (target zone) around the Binance price will be paid out their share of the pot. For example, if the price at the time of the halving is 10,000 USDT, you would have your bet(s) placed between 9,750 USDT and 10,250 USDT (-2.5% to +2.5%). The minimum bet size is 1 bit, or 100 satoshi.

Weight factor

The weight factor spices things up even more and rewards older bets over younger ones, i.e the earlier you bet the greater your weight factor will be. For example, if you bet 14 days before the halving, the weight factor of your bet is 14.0. If you’re in the target zone, your share of the pot will be your bet multiplied by 14, so be quick because a bet only 7 days before the halving will have a weight factor of just 7.0. On the last day of the game, each bet only counts 1x.

TL;DR: Bet as early as possible to get the maximum output.

Payout calculation

After the halving, the pot is distributed to those players whose bets are within the price range. The formula for the payout is:
sum of my weighted bets in target zone / sum of all weighted bets in target zone

Service fee

We’re charging a modest fee of 2% to operate the service and provide support. The service fee is deducted at the time of payout.

Good Luck!

The game starts today, 14 days before the halving and bets will be allowed until block 629995, 5 blocks until the halving.

Check it out at https://halvinggame.com.
Follow us on twitter at https://twitter.com/HalvingGame

And now we wish you all good luck!

Also, any feedback is most welcome!

Interesting, I visited the website to check it and I notice that there is no maximum limit for your bet meaning you are free to bet even if you will be putting only a minimum bet. And for the Weight factor, will the amount of bet will be considered also aside from what you have mentioned to it.

Because I notice in the betting list that there are different amounts that were being wagered and maybe if I can get a clarification to it, I will be glad to participate to it. I am a little bit puzzled with the FAQ's, I am hope you can answer my little clarification here.