Prop Bets - ELO Challenge - How does the ELO challenge Prop Bet work?

Player A sets an ELO challenge to reach an ELO rank of 2000 within 30 days. They wager $100. There is no markup, and only one bettor is allowed.

Player B bets $100 that Player A will not achieve the ELO rank of 2000

If Player A reaches the ELO target before the 30 days end, they win the challenge and $100 from Player B.

If Player A fails to reach the ELO target in the timeframe - they lose the bet, and Player B is awarded $100 from Player A.

It is important to note Player A can cancel the bet at least 24 hours after the challenge begins, but by doing so, it will be forfeited, and the prize will be awarded to Player B at the specified end of the challenge.