Yes, for the highest %ROI contest. It's just like a max multiplier on slots thus $1 (less is better). Look at the monthly ROI leaderboard. A $0.01 bet can get 31,500% ROI or 315x.
For the second contest would be highest PNL, so the biggest win for example (based on the monthly leaderboard) $9,999 bet gets $55,240, that's a manly alpha male!