I made a new bitcoin price betting game. Let me know what you think.
https://bitcoinsox.comIt's a binary spot options exchange were users play against each other, not the exchange.
Bet if bitcoin's daily candle will close above or below the spot price. There's one game every day.
Buy a binary contract by sending funds to either the Over address or Under address. 50,000 sat minimum.
At midnight GMT every day contracts will expire. If the bitcoin price is over the spot price, then the Under contracts will be liquidated and proportionally allocated to the Over contract holders. If the price closes below the spot price, Over contracts will be divided up amongst the Under contract holders. The amount you win is based on the size of your bet relative to the others on your same side. For example, if the price closes Over the spot price and you own 10% of all the purchased Over contracts, you will receive 10% of the total of the Under contracts.
Contracts cannot be purchased in the final two hours before expiration.
What if the bets are lopsided to one side? Play safe and go with the majority and win a little, or go longshot for a big win.
https://i.imgur.com/k5oPfWp.jpg