How do pots in Spar challenges work?

When/if participants in a challenge incur a miss, they owe the penalty amount that is set by the challenge creator. All of the penalties go into one pot and the person/people with the least amount of misses at the end of the challenge claim/split the pot. The way we calculate the amount awarded to the winners is by subtracting total misses from the winnings. Spar also takes a small percentage of each pot at the end. 

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