Wagering
Initial State
Assumptions
Decimal Odds Value:
1.2
Bet amount:
10,050usge
Betting Fee:
5suge
Participation Fee:
0.0005
Expected Toal Payout:
12,000
State
Balances Table
Bettor
BetFeeCollector
OrderBookLiquidity
Market Creator
1,000,000,000usge
0usge
0usge
1,000usge
Participation Table
Participant
Liquidity amount
HouseFeeCollector Balance
Participant 1
999,500usge
500usge
Participant 2
999,500usge
500usge
Wager State
Calculations
Bettor Balance:
1,000,000,000usge
-10,050usge
-5usge
=999,989,945usge
Order Book Liquidity Balance:
10,050usge
-5usge
=10045usge
State
Betting Table
Bettor’s Balance
BetFeeCollector's Balance
OrderBookLiquidity Balance
999,989,950usge
5usge
10,045usge
Participation Table
Participant
Liquidity amount
HouseFeeCollector Balance
Participant 1
998,500usge
500usge
Participant 2
999,500usge
500usge
Payout Amount
The payout amount will be deducted from the participation exposures and stored in the blockchain state.
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