Bitcoin Forum

Economy => Gambling discussion => Topic started by: UR on March 19, 2016, 12:31:19 AM



Title: Need advice - what game payment schema is best?
Post by: UR on March 19, 2016, 12:31:19 AM
I wonder what type of house edge schema is better: commission on withdrawal, or return rewards as a percentage of bets, when house edge will be of the same value? 


Title: Re: Need advice - what game payment schema is best?
Post by: pooya87 on March 19, 2016, 03:36:40 AM
better for who?
for the house: commission on withdrawal
for users: rewards as a percentage of bets

since most gambles are going to lose, commission on withdrawal means only if they have won and now are withdrawing what they have put it commission is paid. but also this might be bad because someone might deposit 10BTC, bet 0.5BTC and withdraw 10 or 9.5BTC and commission is still big.


Title: Re: Need advice - what game payment schema is best?
Post by: ikholisam on March 19, 2016, 03:40:32 AM
Users will hate commission on withdrawal. Nobody want to be charged when he won.
Follow the industries standard -  rewards as a percentage of bets


Title: Re: Need advice - what game payment schema is best?
Post by: UR on March 19, 2016, 03:40:14 PM
Thanks guys. You dispelled my doubts.


Title: Re: Need advice - what game payment schema is best?
Post by: ndnh on March 19, 2016, 03:55:34 PM
I wonder what type of house edge schema is better: commission on withdrawal, or return rewards as a percentage of bets, when house edge will be of the same value? 

Any could be better for anyone. It depends on %, the nature of site etc.

The latter is good, which is what is generally called house edge, because it is predictable, has correlation with wagered amount and is familiar and comfortable to the players.


Title: Re: Need advice - what game payment schema is best?
Post by: Blawpaw on March 19, 2016, 04:36:32 PM
IMO the withdrawal is the best method. And I say this because if you can withdraw immediately, you can invest the profit in another sports betting site and get the bonus while betting in arbitrage with sure bet method.