⚽Betting

Shibet supports BONE-denominated bets and pays out rewards in BONE.

Players must first approve their BONE spend limit on a smart contract before they can start playing games.

To ensure everything runs smoothly, there are max bet limitations based on the max payout of each bet, the bet size, and the amount of BONE in HBET, which functions as the "house".

Max bet limits

The max bet equation is calculated as follows:

max -> Max Bet

D -> Dollars in ALP

H -> House Edge

M -> Maximum Payout Multiple

Using this versatile equation, Shibet balances protection for HBET depositors with flexibility for high-rolling players and high-multiple chasers.