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