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@RhodyRams, you'd be better off setting up the bet as a minimum $10K and a maximum $10,001 at odds of 1/1. Members won't read the bet limits or know what they're supposed to raise the wager to $5.
No worries. You set it how you like. My experience is members either don't change the minimum, in which case the winner this week will only get $2000, or they change it to the maximum which would be $2000 out if you had a $5 minimum. (The system doesn't allow for the minimum and maximum to be the same). A $10K stake at +100 means the maximum error would only be $1, (which I would begrudgingly pay).