but when the bankroll grows or decreases my stake in the bankroll also changes, so you are telling me that if I had invested when the bankroll was at 100 btc profit and now it is 2.2k btc profit I would have 22x my investment?
No. You're confusing a few concepts. If you were invested in the bankroll when it was 100 BTC, and then it grew to 2.2k BTC
purely by profits -- then you would've made 22x. But that's not really what's happened. It's best to look at it individually:
* A player loses X btc:
The bankroll will increase by (0.9975*X), but all investors will have the same % ownership (stake) as they did. (e.g. They own the same amount of a bankroll that just increased). Note: how the bankroll increased by slightly less than the player lost (that's cause Daniel is pocketing some money as commissions)
* A player wins X btc with a bet of Y:
The bankroll will decrease by (X + 0.0025*Y), but all investors will have the same % ownership (stake) as they did. (e.g. They own the same amount of a bankroll that just shrunk)
* An investors divests X btc:
The investor is given X btc. The bankroll decreases by X btc. Each investor's stake is adjusted such that (stake*bankroll) is exactly equivalent to before the divestment (e.g. So they now own more of a smaller bankroll) with the exception of the investor who divested, whose (stake*bankroll) will be X less than before.
* An investor invests X btc:
The investor loses X btc from their balance. The bankroll goes up by 0.98*X btc. The person who invested stake is adjusted such that (stake*bankroll) is 0.98*X higher than it was before. All other investors have their stake adjusted such that (stake*bankroll) is the same before. After this process is completed, the bankroll is increased another 0.02*X. (this process is known as the "dilution fee" and is basically new investors paying the old investors (and themselves) compensation for lowering their stake
oh okay now I understand, but what what I really was referring to is the sites PROFITS, if the sites profit goes from 100 BTC to 110 BTC or from 2k BTC to 2.2K BTC does that mean my investment in the bankroll also grows 10% if all of the if there if the investment and divesting remains the same?