Betting Rules

About

PWRB offers betting on the results of the official US PowerBall draw, held every Wednesday and Saturday at 10:59 p.m. Eastern Time. The official PowerBall draw involves the selection of five main numbers from 1 to 69 for the white balls and one number from 1 to 26 for the Powerball, PWRB offers an alternative approach where customers can select their choice of one, two or three numbers from 1 to 69 and win where all selections are drawn within the five whiteballs drawn in the following draw.
PWRB offer the following prizes, based on the same $2 bet:
Select and Match 1: $24 worth of PWRB - 1 in 13.8 bets win (12-1 odds)
Select and Match 2: $400 worth of PWRB - 1 in 234.6 bets win (200-1 odds)
Select and Match 3: $7,000 worth of PWRB - 1 5,239.4 in bets win (3,500-1 odds)
Compare matching 4 numbers in the Powerball draw with matching 2 numbers with PWRB and you'll see that you are 155 times more likely to win with PWRB!
Note: To win you must match every number selected. If expecting winnings for matching 1, please ONLY select 1. Selecting 3 and only matching 1 results in no winning payout.

Bets

When you place a bet, the coins are burned on the chain and no longer available to spend. The bet is automatically placed on the next PowerBall draw – unless your bet is within the 2 hour window prior to a draw, it which case, it’s placed on the following draw. Maximum Payout Per Bet: 10,000 PWRB Please Note: Bets that would result in potential payouts that exceed 10,000 PWRB will be rejected

Payouts

Payouts are also handled on-chain and are fully automated. Every staking wallet downloads a copy of draw results from two reputable sources (These can be found in the links section). The payouts are attempted every 1,500th block but not until a minimum of 16 hours after the draw – this ensures that results are available when payouts are attempted. As a result, all payouts should be expected between 16 and 41 hours after the draw (1500 blocks is about 25 hours). On average, payouts will come within 28.5 hours of the draw.

Legal Stuff

Because coins are burned when bet with PWRB and noone is accepting them as payment for betting, we are taking advantage of a loophole in the legistlative restrictions of many countries. However, please satisfy yourself to your local gambling law before placing bets