Bounty Risk Modifier and ESS explanations please

If the bounty risk modifier is 50% and i kill a rat worth 1 mil… i only get 500K ?
And what goes into the ess and why?
I’m very confused.

Almost seconds of time on Google get you
Encounter Surveillance System Update | EVE Online and

And the “why?” - because it does. It is a game mechanic.

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if it’s below 100% then it nerfs the bounties you collect.

it’s there to harm bots who tend to stick to the same systems.

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