Your offering 25x the betting amount if I win... So what happens if you bet last with all the proceeding bets being a total of say 1btc and I bet 1btc also. Will I win 50btc then?
hey I can see the confusion, may be we should be more clear on how it exactly works, its 25X of one bid. bid = 0.001BTC. For example if you bid 0.010BTC that means you'll get 10 bids, each worth 0.001 and it'll automatically place them 1 sec apart.
If your bid is the last one when the time runs out you'll receive 25X of the last bid, so your actual winning will be 0.025BTC and if you deduct your initial transaction then your total profit will be 0.025-0.010=0.015BTC. There is also a lucky round which is also based on time, if you get your bid id to match the lucky number you can have 3X of your bid which will be 0.003BTC I hope this clear out any confusions let me know if you need more clarification Thanks
So everyone will just have to wait at the nearest time before it runs out to be the winner and the earlier bid will eventually lose ?
If I make a bid now and then someone makes a bid after me, will I lose my deposit ?