Here's the explanation https://peakd.com/hive-102201/@hivebuzz/re-erikah-rytn8d
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Here's the explanation https://peakd.com/hive-102201/@hivebuzz/re-erikah-rytn8d
This doesn't explain someone with 29 badges remaining on 29 after winning another badge.
The explanation given here is about people with the same number of badges but different speed of betting.