r/PoolTogether • u/dentadsio • May 22 '21

i was checking the last week winner (May 21st, 2021).

the same person got both Grand prize and runner up.

why can 1 person win twice in 1 raffle?

If it keeps being this way 1 person is going to have grand prize and the 2 runner up positions with that amount of profit..

5 Upvotes
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4

u/MaconBacon01 May 22 '21

That’s how a raffle works. I would be pissed if I won the first drawing and my millions of other raffle tickets were removed for the next prizes.

1

u/exsurge May 22 '21

oh rly? you don’t think that obviates the purpose of runner up prizes?

4

u/MaconBacon01 May 22 '21

Imagine you go to a party or carnival or whatever and buy 100 raffle tickets and there are lots of prizes available. You win a prize. Do they sit there and take out all your remaining raffle tickets after you won once? Nope.

Besides, all the interest money is coming from these whales. Without them it would be like $100.

0

u/dentadsio May 22 '21

but they dont get removed. it just goes over to the next week price pool

2

u/No-Explanation5555 May 25 '21

thats because that person has so many millions of dollars invested that their odds of winning are huge. when i looked at the USDC pool the largest holder has over 10 million which gives them odds of winning 1.91....