Post
Topic
Board Gambling
Re: Satoshi Auction - Bid on a prize where 98% of each bid is added to the prize.
by
LoyceV
on 10/01/2023, 17:59:24 UTC
Accumulation means adding up with the previous amount?
Yes.

Quote
In that case in a regular auction how do we play it? You call 2 then I call 3, then you call 4. Basically you are adding more 2 with the previous call. So it's accumulation. I was expecting the same but it seems it's not the case.
In a regular auction, you only pay your last bid. Here, you pay every bid.