I want to clear out some doubts, So.
Bank Roll amount will be the total amount used or an amount used to first bet?
And betting odds of wins are all calculated to take out that ROI or the average of the profit?
The Bankroll is the value we will use to calculate your ROI % based on the profit/losses you make on your bets during the competition.
Please note that you don't have to fund your competition address with that amount, so you can state whatever bankroll you want, but after you declare your bankroll we will use that ammount to calculate ROI% and the 5% max bet stake.
So here is an example:You declare your Initial Bankroll as 1 BTC
You max bet stake will be 0.05 BTC (5%).
Remember there is only a max limit, so you can bet bellow 5% if you want. You can also bet above those 5% if you want, but for the competition we will only use those max 5%.
Also note that we will be using your
Current Bankroll. You current bankroll will be the one that reflects your profits/losses during the competition.
As for the ROI %, it will be calculated according to your overall profits/losses.
The formula is simple: ((Current Bankroll / Initial Bankroll) -1) * 100
As an example:
Initial Bankroll = 1 BTC
Current Bankroll = 1.5 BTC
((1.5/1)-1) * 100 = 50% ROI
Another example:
Initial Bankroll = 1 BTC
Current Bankroll = 0.5 BTC
((0.5/1)-1) * 100 = -50% ROI
Edited: There is also a small bonus added to your ROI% based on a % value of your bet stake. This bonus is added to your ROI% either if you win or lose thee bet. The value for the last competition was 7% of the bet stake, but that value will suffer changes on the next competition.
It will be visible on the rules for the competition.
