Betting and Balancing Process
Betting and Balancing Process for Multi-Player Games
For multi-player games in a betting round, the system does not impose a maximum betting limit. Players can place bets without restrictions. When the betting round ends, depending on the amount bet on each option and the total balance in the house bankroll, the system will balance the bets and accept either the full or part of the bet from the players. Any remaining excess will be refunded to the balance in the game's smart contract. Afterward, the system will call Chainlink VRF to fetch the results, ensuring transparency, fairness, and integrity for all players and investors in the house bankroll.
Betting and Balancing Process for Tài Xỉu Blockchain and Xóc Đĩa Blockchain
Basic Operation
The betting and balancing process for the Big Small and Dish Shaking games are similar because both games have two betting options: EVEN and ODD, and BIG and SMALL.
Once the countdown process is complete, the system will close the betting round and proceed to balance the bets to ensure the house bankroll can accept bets from players.
How the Big Small Game Balancing Works on UYTIN.IO
The option with lower total bet: Accept the full bet.
The option with higher total bet: Accept the corresponding amount of bet from the lower betting option and add 1.122448% of the total house bankroll.
Example:
Total amount bet on the BIG side is 3000 USDT, and the total amount bet on the SMALL side is 10000 USDT.
The house bankroll balance is 1,781,819.73686 USDT.
The house accepts the full 3000 USDT bet from players who bet on BIG.
For SMALL, the house accepts 3000 USDT (the same amount accepted for BIG) and adds 1.122448% of the total balance in the house bankroll.
1.122448% * 1,781,819.73686 = 2000 USDT.
So, the house will accept 3000 USDT for BIG and 5000 USDT for SMALL, refunding 5000 USDT to the players. Afterward, it will call Chainlink VRF for the random result.
In this way, the amount corresponding to the lower bet amount will be balanced with the bets on the lower option. The house will also accept an additional 1.122448% of the total bankroll. The balancing process in blockchain games differs from traditional games because the house bankroll takes on the additional bet to participate with the players. In traditional games, the house does not accept bets. This additional bet is made to ensure blockchain transaction costs are covered, especially when only one player participates in the game, preventing unnecessary gas fees.
Comparison of Bet Acceptance
Traditional Online Gambling Websites:
Prioritize accepting bets from the first players.
Late players will have their bets refunded when the betting limits are full.
Blockchain Games:
Bets from all players are calculated proportionally: (Amount bet * Total bet accepted by the house) / Total amount bet by players.
Since all players pay gas fees to participate, they will receive part or all of their bets to ensure no player has to pay gas fees without participating in the game.
Example of Bet Acceptance in the Balancing Process Above (BIG 3000 USDT, SMALL 10000 USDT, Bankroll 1,781,819.73686 USDT):
All players who bet on BIG will receive the full bet amount, as BIG has the lower total bet.
There are 3 players who placed bets on SMALL with a total bet of 10000 USDT:
Player 1 bet 3000 USDT.
Player 2 bet 5000 USDT.
Player 3 bet 2000 USDT.
The game will accept 5000 USDT from the total 10000 USDT bet on SMALL.
Player 1: 3000 * 5000 / 10000 = 1500 USDT.
Player 2: 5000 * 5000 / 10000 = 2500 USDT.
Player 3: 2000 * 5000 / 10000 = 1000 USDT.
Players should carefully read the system's operational mechanism and can compare it with the verified public source code on the blockchain explorer. This will help them understand the fair, transparent, and trustworthy operation of UYTIN.IO.
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