Money
Fees and distribution
- You pay the entry fee plus a 10% platform fee when you join. Same applies if you re-enroll after a failure.
- The pot for each round is made up of entry fees from everyone who failed that round.
- The pot is split equally among the people who passed. Any remainder from rounding goes to the platform (usually pennies).
- If everyone passes a round, no money moves. Everyone keeps their entry fee.
- The platform fee is non-refundable once the challenge is active.
Example: 10 people join at £100 each. In round 1, 8 pass and 2 fail. The pot is £200 (2 x £100). Each passer earns £25 (£200 / 8).