Hi, I have a question about the winnings payout of bitcoin prophet. From the rules page at
http://bitcoinprophet.com/:
- All winning predictions are paid at a multiplier of 2X your Bitcoin prediction submission from the index menu less a .0105BTC transaction fee.
- All winners are paid from the pool of losers submissions in a "zero sum game"
I can't figure out how these 2 statements can be consistent. What if there was just a single bet on any given event, let's say I bet 1BTC that the BTC price was going to go up., and nobody else bet that day. If the price did go up, would I win 2x my stake = 2BTC (minus the fee), or would I just win my stake back' since there are no losers' submissions?