Place deposits with Banano on the teams you think will win their game! Your deposit will be placed in a pool in support of that team. If your team wins, you will receive your initial deposit back plus your percent of the
winning pool from deposits placed on the opposing team. If your team loses, well, your deposit will be split among the winners.
For example, let's say BUF and LAR are playing each other. You deposit 10 BAN on BUF. The total amount deposited on BUF is 100 BAN. The total amount deposited on LAR is 80 BAN. Since your deposit makes up 10% of BUF's pool,
if BUF wins, you will receive your deposit (10 BAN) plus 10% of LAR's pool, or in this case, 8 BAN. In the case of a tie, all BAN will be returned. If no deposits are made on one side of the matchup, then all BAN will
be returned to their original owners. Deposits lock at the time of kickoff. You can make multiple deposits on a matchup, and even on both sides, however, a single BAN Address must be used.
To make your deposits more fair and informed, the Vegas Odds, implied win probability, and the expected win probability for each team from FiveThirtyEight are provided. If you believe in these probabilities, then the percent of BAN in each team's pool should be close to these percentages. Further, if you check the box called "Recommend Teams/Games", we will recommend
games and teams whose pools are imbalanced according to the Vegas Odds.
The house is planning on taking a 1% fee on all winning deposits for server maintenance and hosting. In the example above, this would result in 7.92 BAN being sent as winnings instead of 8 BAN.