You’d at most lose what you staked, right? Like if the bet is truly 100:1, and you bet $100 and win but the exchange implodes, you only lose the $100 correct?

You’d at most lose what you staked, right? Like if the bet is truly 100:1, and you bet $100 and win but the exchange implodes, you only lose the $100 correct? Mind you not sure how it can be a risk free 100:1. I think this assumes the leverage is on the same exchange that goes bust.