Roulette Jackpot
Betix Casino's Roulette features an exciting Bonus Jackpot that fills up with a percentage of all the bets placed on the Roulette during the rounds. The Jackpot provides an additional opportunity for players to win big when playing the game.
Roulette Jackpot Rules:
Jackpot Accumulation:
A fraction of every bet placed on the Roulette contributes to the growing Jackpot.
Triggering the Jackpot:
Each roll has a 0.012% chance to activate the Jackpot.
Eligibility:
To qualify for the Jackpot, players must place a bet on the winning color.
$BETX Burn:
Before the Jackpot distribution, 10% of its total amount is used to purchase $BETX tokens from a DEX. These tokens are then immediately burned, decreasing the total circulating supply.
Jackpot Distribution: The remaining 90% of the Jackpot is then split as follows:
Universal Distribution (50%): Half of the remaining Jackpot (45% of the original amount) is distributed evenly among all players who placed a bet on the winning color during the winning round, regardless of $BETX token ownership.
$BETX Holder Distribution (50%): The other half (45% of the original amount) is distributed proportionally among players who placed a bet on the winning color during the winning round and have deposited and hold at least 100 USDT worth of $BETX tokens. The distribution is based on the proportion of $BETX tokens held in relation to other qualifying bettors.
If no players meet these requirements, then 50% of this reserved portion (i.e., 22.5% of the original Jackpot) is added to the next Jackpot.
The other 50% of the reserved portion (i.e., 22.5% of the original Jackpot) is used to purchase and burn additional $BETX tokens.
Example
Let's envision a scenario for a clearer understanding of how the "$BETX Burn Jackpot" works:
Jackpot Amount: Suppose the jackpot has accumulated to 1,000 USDT.
BETX Burn: Before distribution, 10% of the jackpot (100 USDT worth) is used to purchase and burn $BETX tokens. This leaves 900 USDT for distribution to the players.
Winning Color Bets: Imagine you've bet 50 USDT on the winning color (let's say red). The total bets on red during that round amount to 500 USDT.
Distribution to All Players: 50% of the remaining jackpot (450 USDT) is distributed to everyone who bet on the winning color. If there are 10 players, including you, each player would receive 45 USDT.
Distribution to $BETX Token Holders:
You have deposited and hold $BETX tokens worth 150 USDT.
Suppose there are 3 players, including you, who hold at least 100 USDT worth of $BETX tokens and bet on the winning color.
The remaining 450 USDT is to be divided among these 3 eligible players.
Assuming you own 30% of the total $BETX tokens held by these 3 users, you would receive an additional 135 USDT (30% of 450 USDT).
Total Winnings:
Your initial bet win: 50 USDT
Even Distribution Win: 45 USDT
$BETX Token Holder Distribution Win: 135 USDT
Total Winnings: 230 USDT
Remember, this is a hypothetical scenario to showcase how the jackpot distribution works. The actual amount you could win depends on various factors, including the size of the jackpot, the number of $BETX token holders who bet on the winning color, and the proportion of $BETX tokens you hold relative to others.
Try Your Luck
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