though it's the same as we've seen on exchanges regarding trading competitions with members that will compete with other teams.
Its not the same, you are not competing with the other clans. In short, players band together in form of clan and then play against Rollbit. You pool in balances and wager with that balances, in case of winning then everyone on the clan will get a fair share of it depending on what percentage of balance that you pooled in to the clan balance