Bet on Battles

Bet On Battles

Players can bet on other people's battles without spend time nor money on Gladiators, equipments and/or any other NFT our ecosystem provides. It is as simple as choosing a side (Attack or Defense).

An example would be to bet on a battle that is happening at Collesium Arena which gives an incentive prize of 1000 DENAs. Player is betting on Attack.

๐Ÿ”ฅIf attack wins, bet player will get 70% of all bets and a 30% of the incentive prize๐Ÿ”ฅ.

Description

Amount

Arena Incentive Prize

1000 DENA

Attack Bets

200 DENA

Defense Bets

200 DENA

Attack Entry Fee

10 DENA

Defense Entry Fee

10 DENA

Attack Wins

((1000*30%) + ((200+200)*70%)) = 580 - Treasure % Fee / # Winner bets

Attack Gladiator Player

((1000*70%) + ((200+200)*30%)) = 820 - Treasure % Fee

Defense Gladiator Player

gets experience points

๐Ÿ’ธEntry fees are used to Arena Incentive Prizes as per our tokenomics strategy.๐Ÿ’ธ

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