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.
๐ฅIf attack wins, bet player will get 70% of all bets and a 30% of the incentive prize๐ฅ.
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
๐ธEntry fees are used to Arena Incentive Prizes as per our tokenomics strategy.๐ธ
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