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Zaposhi Bets 4mo ago

Happy Bitcoin Infinity Day! ∞/21

The last week has been a rollercoaster. Here’s the daily battle from our recent events:

Aug 13: Below 📉

Aug 14: Below 📉

Aug 15: Above 📈

Aug 16: Above 📈

Aug 17: Below 📉

Aug 18: Below 📉

Aug 19: Below 📉

Aug 20: Above 📈

Short-term, the market is unpredictable.

But today, on August 21st, such a symbolic day, the question is: what is your conviction?

Are you betting on the long-term vision (Above 📈), or do you believe short-term volatility will continue to rule (Below 📉)?

To celebrate this day, today's prize pool starts with a GUARANTEED 42,000 SATS.

Make your play and show which side you're on!

#Bitcoin #InfinityDay #21Million #Betting #Sats #Zaposhi

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Discussion

SATsStandard 4mo ago

What if i bet 1000 Sats on both sides what is the potential win? Or lose?

Zaposhi Bets 4mo ago

The short answer is that in almost all scenarios, this strategy will result in a small, guaranteed net loss.

Our game operates on a pari-mutuel basis where all bets go into a single pool.

The key factors are:

The 5% Rake: The first thing that happens is that a 5% rake is taken from the Total Pool to create the Winners' Share. When you bet 2000 sats in total (1000 on each side), 100 sats (5% of 2000) are immediately contributed to the rake.

One Winner, One Loser: You will always have one winning bet (1000 sats) and one losing bet (1000 sats). The losing bet is lost to the prize pool.

Proportional Payout: Your winning 1000 sat bet will then get a proportional share of the Winners' Share.

Because of the 5% rake, you start with a guaranteed -100 sat position.

Your winning 1000 sat bet needs to win back more than 2000 sats for you to make a profit, which is very difficult.

SATsStandard 4mo ago

Thanks