Quote from: Bitinity on Today at 08:31:53 AM

Quote from: naim027 on March 18, 2022, 11:22:00 AM

Quote from: Bitinity on March 18, 2022, 09:21:22 AM

It is very simple to understand obviously, if there is no one predict 100%, the 1M prizepool will go no where as there is a fixed 50k prize for that possible situation. The 1M prizepool is designed to those who can predict all correctly, there is no reason to distribute it if there is no one make 100% correct prediction. It is a contest and the contest has its own rules, 1M dollars is not a small thing that's why it is designed for a hard thing. All in all it is about business not about charity. The requirement to participate is very simple, and I'm sure no site will distribute 1M dollars for such easy requirement.

Right. That's why there is a $50,000 fixed prize. If no one can predict all the matches correctly, Then the most correctly predicted participant will be on the top and he will get a bigger percentage of the prize pool. 1M dollars is not a small amount to be distributed. Even I am not sure if casinos can earn 1M dollar during the contest. But, It's possible when it comes to Duelbits, But there are a lot of casinos and 1M dollars is not even their monthly profit.

From the contest only, I do even doubt that duelbits will make enough profit to cover the fix guaranteed prize $50,000. This amount is already big compared to the requirement, that's why I have no idea why someone suggest to distribute the 1M if there is no one predict 100%. Without a doubt, all players (including me) will be so happy if duelbits will do as his suggestion but still it does not make senses for any business to distribute 1M for almost free.

Right. After all, they are on the market to do the business. Of course, they will have a decent amount of betting volume during the contest. Still, it doesn't worth for $1M Dollars giveaway. I assume, That kind of promo is designed to attract new players to the platform. A lot of players like me will join the contest, at least give it a try. Still, I don't think they will make that much money during the contest. So, yeah. It doesn't make any sense to distribute that much money.