bookmaker.XYZ “Bet2Earn” farming
The bookmaker.XYZ team is happy to be the first one in the business to do a successful “Bet2Earn” campaign and we couldn’t succeed without you — the XYZ community.
In celebration of football season kicking off and the big leagues such as the Premier league, La Liga returning, we’re giving you the chance to earn BIG!
50 $GNO($7500) is up for grabs this week! Win or lose, we pay.
That is the unique opportunity to earn up to 70% of your bet back. You risk, we reward!
Week 3 Reward Pool: 50 $GNO
DATE/TIME: 08/07/2022 00:00–14/08/2022 23:59
How does it work?
Users who place bets on bookmaker.XYZ will now earn $GNO tokens for every bet they place on the app — Win or Lose!
- Every week on bookmaker.XYZ there will be a reward pool of GNO tokens available for bettors.
- Exact reward pool will be announced on Sunday before it starts on Monday.
- Rewards will be calculated at the end of every week for all bettors. The actual reward amount on your account will change dynamically as more bets are placed.
- Rewards can be claimed at the end of every week, no sign up required, you will be able to claim your rewards from the dashboard on XYZ.
- GNO is the governance token of Gnosis Chain https://coinmarketcap.com/currencies/gnosis-gno/
Calculation
The reward calculation is explained below with an example:
Reward Pool: 100 GNO
No. bettors: 2
No. bets: 2
User 1 places 1 bet of 100 xDAI on odds of 9
User 2 places 1 bet of 1000 xDAI on odds of 1.1
We then look at the potential net wins of all bets placed
User 1: 100*(9–1) = 800
User 2: 1000*(1.1–1) = 100
Total Potential = 800 + 100 = 900
8/9 of 100 = 88
1/9 of 100 = 11
User 1 receives 88 GNO
User 2 receives 11 GNO
Betting is fun, but Bet2Earning is bettor
LFG!
