I just checked on this site but yet do not understand how this is work, I mean this is exactly betting price whether will it go lower or higher from the current after some period of time. But what does it mean long and short and how does it actually benefits us as players? Because what you will not double your money per winning here. And there is PvP based games? How is this really actually work?
The game itself is really simple, let me explain it to you:
There are different markets, for example BTC:USD_1M, BTC:USD_5M etc. BTC:USD_1M means Bitcoin Price in US Dollar for a time period of 1M -> 1 minute per round.
When a new round starts for a market, it takes the price and sets it as the starting price. You can enter bets for a market for half of its period meaning you have 30 seconds to bet for a 1 minute market, 2:30 minutes for a 5 minute market and so on.
When the round expires the platform takes the current price and sets it as the ending price.
So lets say the BTC:USD_1M market started with a price of $8000 and ended with a price of $7950; That means all SHORT positions for this market won, because the price went down (Short bets are if you think the price goes down, Long if you think it goes up).
Profits are calculated simple, I'll give you another example:
Lets say the BTC:USD_1M market starts with a price of $8000 and has a total volume of 10000 satoshi for its current round, consisting of 5000 satoshi in long positions and 5000 satoshi in short positions.
Your bet was 500 satoshi on short. The market ends with $7950. Hooray, your short positions wins!
Now to the profit calculation; All short bets were 5000, including your 500, making your bet 10% of all short bets. Since short won, you will get 10% of all long positions.
Making you get a gross profit of 500 satoshi. Afterall its a PVP game, so profits are variable to the opposite positions bets.
You can get an estimated profit calculation in realtime when you enter your bet amount in the "Open a new position" box on the platform, making it easy to choose the bet amount.
I hope that explains it, if you have more questions dont hesitate to ask!