The higher multipliers doesnt matter. As long as someone hit atleast x100 with $1 minimum bet then he will be the next King.
You can pray to the Gamblling God so that everyone else would never hit x100 or keep playing and hit another x100 so that you can be The King again. Basically this is just an extra bonus for slots players because most players will bet with minimum of $1 so it changes real quick
Exactly 24 hours after It started. I believe it started on 10 pm UTC so less than 8 hours to go
There is but the longer you stand as The King, the higher the amount that you will received