UniRates gives the bitcoins for Yours bets.

UniRates gives the bitcoins for Yours bets. Participation is free. Just try.
1st place - 0.5 BTC
2nd place - 0.3 BTC
3rd place - 0.2 BTC
Get 1000 dm for the registration and bet it to your favorite events.

Description.

Three users with the highest demo balance will get the bitcoin prizes: 0.5 BTC for the first place, 0.3 BTC for the second place, 0.2 BTC for the third place. The results will be summed when some user earns 300 000 dm or more. After that action will be ended and prizes will be paid.

How to join.

1. Sign up as the user or the partner and get 1000 dm.
2. Join to the facebook group.
3. Bet to your favorite events.

For what demo coins will be paid.

1. For the registration (1000 dm).
2. For the win in the betting in the demo coins (Winning sum).
3. For the win in the betting in the bitcoins (Winning sum multiplied to ten. For example, if you will win 100 mBTC, you will get 1000 dm).
4. For the registration of the invited user (100 dm).
5. For the participation in the affiliate program (All rewards of the partner).
6. For the reposts in the social networks (500 dm for one repost).

Notes.

1. It is prohibited to re-register the same user. In case of violation, all accounts created by this user are excluded from participation.
2. Repeated repost in the same social network is awarded only a week after the previous one.
3. For awards for repost send an email to support@unirates.com with the subject "repost". In the letter, please include your username and a link to the repost.

Links.

1. Sign up as the user.
   http://www.unirates.com/?act=reg&code=20000000001
2. Sign up as the partner.
   http://www.unirates.com/?act=reg&code=99067531304
3. Facebook group.
   https://www.facebook.com/groups/unirates/

UniRates. How it works.

Introduction.

This blog about the site www.unirates.com. It is intended for betting between users. Though it is close to the bookmaker, there is one important difference is that users do not bet with a bookie with the fixed odds and with each other. Therefore the odd and the expected gain are vary as other Users bet.

How it works.

For the details of the betting you can read the user agreement. I will try to explain what is written there. Consider an example. There is the betting: "Let's bet that it will rain tomorrow (some place)". And there are two outcomes: "It will" and "It will not". Three users are participating in the betting: Mike, John and Peter.

Mike bets to "It will" 200 mBTC.
John bets to "It will not" 20 mBTC.

And Peter bets to "It will not" 80 mBTC.

Then the betting window look like that:

Assume that the rain is not gone and outcome 2 (It will not) won. Then the funds are distributed as follows:

1) The geneal formula for calculating the profit.

2) Mike lose his bet.

3) John's payoff.

4) Peter's payoff.

You will get back your bet in following cases:

     - there are no bets on the winning outcome;

     - there are no bets on the losing outcomes;

     - the betting was cancelled.