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. NEW: For Premier League Football, you can also bet on a tie occurring.
For example, let's say Arsenal and Newcastle are playing each other. You deposit 10 BAN on Arsenal. The total amount deposited on Arsenal is 100 BAN. The total amount deposited on Newcastle is 60 BAN. The total amount deposited
in favor of a tie is 20 BAN. Since your deposit makes up 10% of Arsenal's pool, if Arsenal wins, you will receive your deposit (10 BAN) plus 10% of Newcastle's pool + 10% of the tie's pool, or in this case, 6 BAN +
2 BAN = 8 BAN. If no deposits are made on one side of the matchup, and that side wins, then all BAN will be refunded to their original owners. For example, say 100 BAN is deposited on Arsenal and 60 on Newcastle, with
0 BAN on a tie. If a draw does occur, then everyone gets a refund. Deposits lock at the time of kickoff. You can make multiple deposits on a matchup, and even on both sides and a tie, however, a single BAN Address must
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.