The initial distribution proccess will be announced soon keep an eye out.
So, the maximal bet size will be lowered so that all winnings could be paid even in the worst case at all times?
Maybe it could work, if the bank would be big enough ....
That is not entirely how it works Proof Of Risk is a new protocol implemented in the first internal decentralized currency to make sure things are able to run smoothly independently. Your comment isn't entirely true but it catches the gist of it. The technical details of POR (Proof Of Risk) will be released with the source code at a certain stage in our development.
Side note: if banks worked like that, we probably wouldn't have Bitcoins around
Read my entire example that was entirely my point