Web3 Bets Ecosystem
Pari Bets Games
It is open source and fully powered by smart contracts. A player bets on a specific outcome out of two or more outcomes. All bets of the same side are collected together and placed as a pool. At the end of the event, if the outcome is determined, all the staked values are distributed to the players in the winning pool on a pro rata basis. In addition, the vig is deducted only from players’ win (total win minus total stake) and not on the total stake of all players, this makes the ecosystem better than traditional betting channels.
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