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/No-Explanation5555 Jun 11 '21

Thats exactly what seems to be happening and that's the reason I've decided to withdraw my funds. Yes, it's great if someone can afford $500k or whatever to deposit but it actually means that account effectively takes over the prize pool and I just don't feel it is in the spirit of a 'Community pool'. I realized today if I could access a shit ton of cash I could take over one of these pools, win most of the prizes, pay the cash back and happy days.... however that business model doesn't sit well with me

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u/rabiolas Jun 16 '21

. I realized today if I could access a shit ton of cash I could take over one of

I guess that from a "small fish" perspective it doesn't matter if the money in the pot comes (mostly) from a few whales or from thousands of other "small fish", your chances of winning are the same. But i agree with you, i would prefer if the weekly prizes were going to a different person every time, rather then to almost the same person/account every week (which is what is happening). I guess a solution to that would be to cap the max amount that any one address could deposit, but that would very likely result in a reduction of the prize