Pool prices and payouts
While looking at the pools and their payouts and trying to decide which way you will bet, there are a few things you need to remember:
• The payout multiplier you see before you place your bet will change as more people bet in each direction - when a pool is ‘open’, the payout multiplier is subject to change
• Once the pool is ‘locked’ (no more bets can be placed) the payout multiplier you see is fixed and no longer subject to change - the price when the pool is first locked is considered the ‘open’ price
• Once the pool is ‘settled’ (finished), you will see the results - if the price of the locked pool closes higher when the pool is settled, those who bet high will win and be paid - if the price of the locked pool closes lower when the pool is settled, those who bet low will win and be paid
PLEASE NOTE: Higher and Lower bets must exceed 5%+ each way (the close/settled price must be either 5% higher or 5% lower than the open/locked price) - anything less than 5% in either direction will be considered a draw and the pools will be burned.
Last modified 1mo ago