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Betting FAQ
The amount a Raider can win from placing a successful bet is a variable amount based on the size of the betting pool containing all the bets less a percentage of 10% of the betting pool. The 10% fee gets distributed as follows:
5% goes to the racer that won the race
5% goes to MixMob
An example of a payout is as follows: Raider A places a 50 SUD$ bet on Racer B. The total bet pool at the start of the race is 900 SUD$ (10 bets on Racer B & 9 bets on Racer A). If Racer B wins the bet pool payout is (i) Racer B 45 SUD$ (5%), (ii) MixMob 45 SUD$ (5%), and (iii) Raider A 86 SUD$.
Last modified 2mo ago