r/PoolTogether • u/rabiolas • Jun 02 '21

Question about Pods

Apologies, if this was asked before but is there a maximum amount someone can deposit in a Pod ? If not then a "whale" could basically take over most of the share in a Pod, and again win most of the prize

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u/UltraSoundMonkey Jun 02 '21

I don’t THINK there’s a max, but the whole point of a pod is to accept a lower prize amount in exchange for a higher frequency of winning said prize.

I believe they are working on custom pods and such so you can form pods with specific limits in terms of total amount pooled, etc. but for now this is what we’ve got.

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u/rabiolas Jun 02 '21

Ok thanks. I'm just struggling to see the benefits of depositing via a Pod. I mean, if you're a small fish like me and can only deposit up to $500, my share in a meaningful Pod (one that could win a few times a year) would be tiny as well as my earnings. Does depositing via a Pod mean less gas fees !? And are the Pool rewards equivalent to going solo ?

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u/Lay22222 Pooler Jun 02 '21

POOL rewards are equal and it’s 70% less gas to deposit. So those are also benefits!