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Naively going by expected value, 1e9/2^63 gives about $0.12 per participant as a reasonable starting point. But it is a weird one: the risk is really small but
by Sanzig 4y ago
Naively going by expected value, 1e9/2^63 gives about $0.12 per participant as a reasonable starting point. But it is a weird one: the risk is really small but the required payout is massive.
- HWR_14 4y agoA 50-50 result for every sporting event is an absurd assumption. For instance, 4 of those 63 are 1-16 matches of which I think one or two in history have gone the 16's way. I'm guessing they needed to estimate the number of participants, but I don't know that either.
- deleted 4y ago[deleted]