How is the winner chosen?
Our system randomly chooses 80% winners(if you chose 80% winning odds).
Basically the prize money is generated by the betting and is split into a specified percentage of betters.
Thanks and Regards
It is completely random
Please explain how it is random. Is it provably fair? If so, how is it provably fair?
Our system is written in python, and uses python's random (
http://docs.python.org/2/library/random.html) library. This library uses the MersenneTwister algorithm to the select the winners. The following steps are taken to select the winners.
1) Transactions count for previous day is computed.
2) 80% of the transaction count is computed. The resultant number is the targeted number of winners = N.
3) The transactions are fetched from the database and shuffled using the random.shuffle() function.
4) The shuffled transactions are then selected randomly using random.choice() function and added to the winners list = W. To ensure that duplicacy is avoided, we remove the winning transaction from the shuffled list.
5) Step 4 is repeated until we get the "targeted number of winners" = N.
6) Winners list = W, is added to database.