The start day/time for each contest depends on the start day/time for that particular league. Usually, players can start joining the pools days or weeks before the beginning of the first game of a league/season. Other private and public pools may be opened at a later date but before the start of Round 1 of games for that league.
For example, in the 2022 NFL Survivor Pool, the contests will be open for entries around August 15, 2022 and players will be able to add entries and make selections at that time.
The end times for each contest are predetermined at the start. The end times vary from contest to contest depending on how many “rounds” there will be in that particular contest. Some contests may be for an entire season and some contests may feature only part of the season. This will be explicitly stated in each contest.
For example, in the 2022 NFL Survivor Pool, the end of the promotion will be on the final week of the NFL regular season.
The deadline for submission of entries in the pools will be during the first round of a particular contest. The deadline for submission of entries may vary for different contests.
For example, in the 2022 NFL Survivor Pool, the deadline for entries will be at the start of the final game of Week 1 (or round 1) or the kickoff of the first Monday Night Football (MNF) game of the season.
This predetermined number is set before a contest starts. This varies from contest to contest and may be on a weekly, daily, monthly, or any other time basis.
For example, in the 2022 NFL Survivor Pool, the rounds will be on a week-to-week basis. Some other contests may feature day-to-day rounds.
The total prize pool will be split evenly among the winning entries in case more than one entry/person wins it.
The formula used will be: Total Prize Pool divided by the Number of Winning Entries. This means that if a user has multiple winning entries in the same pool then that user will have a larger share of the shared prize pool.
Example #1: There were 5 entries left standing at the conclusion of the Nitro Survivor Pool with 300 mBTC prize pool. The 5 entries left were from Player A (2 entries), Player B (2 entries) and Player C (1 entry). The total prize pool (300 mBTC) divided by the number of winning entries (5) is 60 mBTC. Therefore, Player A, who had two entries, will receive 120 mBTC; Player B, who also had two entries, will receive 120 mBTC and Player C, with one entry, will receive 60 mBTC.
Example #2: There were 5 entries left standing at the conclusion of the Nitro Survivor Pool with 300 mBTC prize pool. The 5 entries left were from Player A, Player B, Player C, Player D, and Player E. The total prize pool (300 mBTC) divided by the number of winning entries (5) is 60 mBTC. Therefore, all users will get an equal share of the pot (6 BTC) since no player had multiple winning entries in the pool.
For the majority of the NFL-related contests in 2022, we are not taking a percentage of the prizes! Every last satoshi is awarded to the pool winner(s). NO RAKE, NO HOUSE CUT.
Other contests may be added with a tournament fee, which will be a small percentage of the buy-in for future contests.
If a game is rescheduled or cancelled due to unforeseen events, Nitrobetting will do its best to inform the affected players. It is the players’ responsibility to know which games are being rescheduled or cancelled every week.
Since the default deadline for each game is the start time of those games, then players will have an opportunity to change their picks from the teams involved in those cancelled games to teams that are guaranteed to still play that week.
Players are advised to be proactive in monitoring league announcements regarding cancelled or rescheduled games so they can change their picks, if necessary.
The big difference between Nitro Survivor and other survivor pool contests is that Nitrobetting will be featuring not just the National Football League (NFL) but could also crossover to other sports/leagues or a combination of these sports/leagues.
By featuring other sports/leagues, Nitro Survivor will have various predetermined “rounds” (or “weeks” in the NFL) if featuring other sports/leagues.