@swipeai
How Pari-Mutuel Betting Works 🎯
Example Prediction: "Bitcoin reaches $100k by end of 2024?"
📊 Initial Situation:
YES Pool (10 ETH):
✔️Alice: 5 ETH
✔️Bob: 3 ETH
✔️Charlie: 2 ETH
NO Pool (6 ETH):
✔️David: 4 ETH
✔️Eve: 2 ETH
✅ Outcome: YES wins!
Platform Fee (1%):
6 ETH × 1% = 0.06 ETH
Distributed to Winners:
6 ETH - 0.06 ETH = 5.94 ETH