Competition Payout Types on BettorEdge

BettorEdge competitions offer various payout structures that determine how winnings are distributed among participants. Each payout type creates a different competitive dynamic and reward strategy, allowing you to choose competitions that match your preferred betting style.

When you join a competition, the payout type is displayed in the top left corner of the competition page. This tells you exactly how the prize pool will be distributed when the competition ends.

• Structure: Winner takes all
• Who gets paid: Only the 1st place finisher receives a payout
• Best for: High-risk players looking for the biggest possible return

• Structure: Top 50% of participants double their entry fee
• Who gets paid: Everyone in the top half of the leaderboard
• Best for: Players seeking better odds of winning something

• Structure: Beat the designated "pacer" to win
• Who gets paid: All participants who score better than the pacer
• Special rule: If the pacer wins, they take the entire prize pool

• Structure: Prizes for the top three finishers
• Distribution:
  • 1st Place: 50% of prize pool
  • 2nd Place: 30% of prize pool
  • 3rd Place: 20% of prize pool
• Best for: Players who consistently finish near the top

• Structure: Prizes distributed among the top ten finishers
• Distribution:
  • 1st Place: 25% of prize pool
  • 2nd-5th Place: 12.5% each (50% total)
  • 6th-10th Place: 5% each (25% total)
• Best for: Larger competitions with many participants

In the event of a tie:

• Tied positions split the combined prize for their positions equally
• Example: If two players tie for 2nd place, they split the combined 2nd and 3rd place prizes evenly
• Example: If three players tie for 1st place, they split the combined 1st, 2nd, and 3rd place prizes evenly

When choosing which competition to join:

1. Check the payout structure first to understand the risk/reward profile
2. Consider your betting style and confidence level
3. For beginners, competitions with broader payout structures (like Top 10) offer better chances
4. For experienced bettors seeking bigger payouts, Battle Royale offers the highest potential return

Remember that unlike traditional betting platforms with high fees, BettorEdge competitions offer a transparent and fair distribution of the prize pool as specified by the competition type.