Hi ndnhc,
Thanks for trying out FastSlots. Sorry to hear you lost, I just sent you a small bonus to compensate...
The house edge is 1%. It works like this: when you click red, the probability of red coming up is 49.5% and the probability of black is 50.5%. If you click on black its the other way around. We describe our algorithm in detail here: https://fastslots.co/fairness
Did you try out our 'one click provable fairness'? Just open the fairness tab under the game and click on verify.