PearDAO
Launch AppWhitepaper
English
English
  • What is PearDAO?
    • How PearDAO works
  • Getting Started
    • Create a wallet
    • Connect Your Wallet To PearDAO and Add PEX token to your wallet
    • How to earn passive income with P2P and trade more safely?
      • Tips and advices
      • How to conduct KYC verification on p2p exchanges?
    • How to avoid scams
    • How to appeal
    • Gas fee and transaction fee explanation
    • P2P Marketplace FAQ
  • Tokenomics
    • PEX Token
    • Innovation Hub
    • Token Allocation
  • NFT
    • How to use NFT marketplace
    • SBT
    • BAB
  • Earn
    • Pear Farm
      • How To Buy PEX-BNB LP Token
      • Trade Access Pool
      • PEX-BNB LP Pool
      • PEX Pool (Projected Launch Date: 4 April 2022)
    • Trade Mining Reward
      • How are the Trade Mining Rewards being calculated?
    • Share to Earn
  • DAO Mechanism
    • Pear DAO Governance
      • Governance
      • Operational
      • Iteration Cycle
    • Pear DAO Treasury Fund
    • Pear DAO Appeal Nodes
      • What if there is a trading problem?
      • PearDAO Appeal Handling SOP
  • Use Cases
    • How To Post Ads
      • Posting Buy or Sell Advertisements (Ads)
    • How To Buy Digital Assets
      • How to Buy Digital Assets On Pear Marketplace
    • How To Sell Digital Assets
      • How to Sell Digital Assets On Pear Marketplace
  • RoadMap
    • PearDAO RoadMap
  • Programs
    • Community Career Roadmap
    • Student Ambassador Program
  • Team
    • Pear Members
      • Product Manager
      • Growth Manager
      • Operations Manager
      • 3D Animation Designer
      • Crypto Gaming / NFT Business Manager
      • Technical Writer
      • Global Community Manager
      • Business Development Manager
    • PearDAO Logos
  • Pear Events
    • WorldCup NFTs Claim Rules
    • World Cup betting rules
    • Tokyo Ver 1.0 Release
      • Features
    • Beta User Airdrop
    • Genesis PearDrop
      • How To Claim NFT
    • AMA
      • Recap of 1st AMA on 20 Feb
    • Learn & Earn Winner List
Powered by GitBook
On this page
  1. Pear Events

World Cup betting rules

PreviousWorldCup NFTs Claim RulesNextTokyo Ver 1.0 Release

Last updated 2 years ago

Quiz rules: Only trending matches will be opened for betting There are only 3 possible results for each match: Team A (Home) wins, Team B (Away) wins, Draw Bets are multiplied by 10 PEX. The maximum of bets per vote is 100. No limits of number of votes. The bet winners will increase their rank and receive rewards in PEX. The address with the highest ranking will be qualified in the World Cup NFT whitelist. Ranking is calculated based on the total number of personal winner bets for all of the matches: Personal rank = previous record ranking + number of personal bets for winning match The winning rewards are calculated as follow: (Total prize pools / Total number of winning bets) * Number of Personal Bets.

Example for the calculation: Total Prize Pool = 10000 PEX Total number of winning bets = 600 Number of personal bets = 20 (bets from user address) Rewards distributed per winner: (10000 PEX / 600 * 20) * 10 = 333.33 PEX (rounded up to 2 decimal places) Personal ranking increased by the number of personal bets

Notes: There is no PEX and point reward for the losing bets If everyone bets on one side and no one bets on the other, no one gets a bonus point. If the group guesses correctly, rewards are distributed; If the group guesses wrong, PEX will be handed over to the pool. If the result is a draw, no one will get bonus points and the pool rewards will be distributed back to all participants.

Demonstration of rewards winning calculation: