You will reject the bet if you are unable to cover the winning amount.
What will now happen with the deposited amount from participants?
Will it be refunded?
The process is simple I will explain it to you.Once you post your bet msg I will check if I can cover the winning amount.
If your bet amount is within my limits, Then only I will post the Deposit Address Otherwise I will reject it before any transaction.
So you are really depending on what will be staked in order for you to give out the betting price to a winner. I guess you should have gathered your own funds and risked it
Yes I have my own funds and will not be depending on the staked amount.
As suggested by others i will use escrow.you are old enough here in this forum to know that trust is needed for this kind of gambling to happen. Even though you have had less activity, I believe you have been watching around in the background.
Yes I know