betSmart : a better can bet an amount on 3 possibles outcomes (Team1 wins, Team2 wins or a draw(no winner = tie ). All the amounts bet on Team1 will be added to Pool1 and same for Pool2 (amounts bet on Team2 by all the betters) and same for the draw. If you loose a bet, you will get rewards on the pool depending on your stake and the size of the pool. So no one will loose all his money. It's a new concept of betting with PoolBets.