Use Case
How it works
Last updated
Was this helpful?
How it works
Last updated
Was this helpful?
After finding your sports game pool through various filters, select your team and enter the GANG token amount you want to add in the pool.
Before entering the pool you can see your entry fee discount along with the current odds. Don't forget, the earlier you enter the pool, the higher the fees discount! Once you enter the pool, it shows your % share of the pool and your potential gains.
At the end of the sports event, if your team wins, you will be able to withdraw your investment in addition to your share of the GANG tokens invested on the losing side.
Patriots fans deposited 2000 GANG tokens in the pool.
Broncos fans deposited 1000 GANG tokens in the pool.
As a Broncos fan, you add 150 GANG tokens in the Broncos pool.
The Broncos pool now amounts to 1150 GANG.
Your share of the pool equals 150 / 1150 = 13.04 %
The match starts, locking the pool until its settlement.
The game goes on... Look at the nice girl in the third row! wow 😜
The oracle registers the score, unlocking the pool for withdrawal.
When you withdraw, you get your Broncos pool contribution back (150 GANG tokens) plus your share of the Patriots pool (13.04% * 2000 = 260.86 GANG tokens) for a total of 410.86 GANG tokens.
BOOOOOOMM! You also have the right to Trash talk the fan of the loosing team 😎
