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Title: House edge in a cool casino-like game Post by: WheelOf$atoshi on May 29, 2014, 11:52:08 PM Hey guys, I am thinking to release a game (provably fair - of course) but need your thoughts on a house edge. There will be two sections with a chance to win 47-50 times your bet.
Roulette house edge is usually 2.70%-5.26%. What are your thoughts about such rates? Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: WhatsBitcoin on May 30, 2014, 01:34:42 AM House edge here is awful.
Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: Rulishix on May 30, 2014, 02:09:25 AM I added together all the percentages and came up with a 1.4% house edge. Not that bad at all. Pretty decent site!
Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: WhatsBitcoin on May 30, 2014, 02:34:35 AM I added together all the percentages and came up with a 1.4% house edge. Not that bad at all. Pretty decent site! 2x payout has a 47% of hitting = 6% house edge for example.Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: Rulishix on May 30, 2014, 02:38:30 AM I added together all the percentages and came up with a 1.4% house edge. Not that bad at all. Pretty decent site! 2x payout has a 47% of hitting = 6% house edge for example.Oh, shit. Well ignorr my retarded math. Lol. Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: Nobitcoin on May 30, 2014, 03:46:24 AM I thought Provably fair is a 1% house edge?
Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: acs267 on May 30, 2014, 03:59:44 AM I thought Provably fair is a 1% house edge? Being Provably Fair is a myth. But 1% is common in 'provably fairs'. But I do agree 6% is a terrible edge. Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: WhatsBitcoin on May 30, 2014, 04:00:57 AM I thought Provably fair is a 1% house edge? The fuck?Title: Re: █ WheelOfSatoshi.com - New Game Release! Grab a chance to win 47 times your bet! Post by: pavlin99th on June 03, 2014, 04:32:59 PM I thought Provably fair is a 1% house edge? Being Provably Fair is a myth. But 1% is common in 'provably fairs'. But I do agree 6% is a terrible edge. Being provably fair is a math and has nothing to do with house edge. It is better to have 6% in provably fair, trusted and respected casino than 0.99% in untrustworthy one. |