Proportional Chances: The xBee Advantage

December 29, 2024

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3 min read

When it comes to odds, xBee transforms the game entirely. Traditional systems rely on staggering probabilities and hefty fees, but xBee uses a simple, fair, and transparent system. Here, the odds aren’t inflated by a middleman. They’re proportional to participation—keeping the math honest and the odds in favor.

Real-World Comparisons

Take a look at some examples in our docs. Now, let’s explore two familiar scenarios:

Spain’s Lotería Nacional. Winning there means facing odds of 1 in 100,000, paying 3$ for a ticket. With xBee, for the same 3$ and a prize of 100,000$, the odds are 1 in 33,333. That’s 3 times more favorable!

Let’s go bigger: the European EuroMillions. With odds of 1 in 139,838,160 for an average prize of 60 million dollars and a 2.5$ ticket, the chances feel slim. At xBee, for that same 2.5$ and prize pool, the odds would be 1 in 24,000,000—nearly 6 times better.

Math Made Simple

The math is straightforward: we divide the prize by the number of participants. If 10,000$ is the prize and each participant contributes 1$, the odds are 1 in 10,000. Contribute 2$? The odds improve to 1 in 5,000. No smoke and mirrors, just simple, participant-driven calculations.

Can We Even Improve It Further? Yes!

  • Lower Fees: Unlike traditional systems, which often take 5–20% on average, xBee’s platform fee is just 0.5% for prizes above 10,000$. This minimal fee sustains the platform while maximizing participant rewards.
  • Flexible Payouts: Winners can choose to be paid in fiat or crypto. Opting for crypto unlocks several benefits, offering greater flexibility in managing the prize.

    • A Meaningful System

    At xBee, it’s not just about better odds. There’s no luck involved. Instead, participants vote for the winner, and others vote for them. Whether automated or active, every choice adds value to the community.

    With xBee, participants aren’t just improving their chances—they’re part of something bigger. Better odds, fairer systems, and a community-driven approach. It’s time to rethink lotteries and switch to xBee.