Doog,

I thought about what we discussed on the trollbox and you were absolutely correct.  I was totally wrong in my calculations and I admit I was not thinking clearly.  I greatly appreciate the patience you had with me.  

This is the bet that started the discussion: https://just-dice.com/roll/184417807

A winning bet at 98.99% odds, he took home ~0.01134 when the true odds are ~1.14618.  The 99% difference was used to pay the "1% house edge".  Of course if he had lost, he would have lost it all.

I questioned the bet after seeing the risk to reward ratio, perceived it as an unfair situation, and incorrectly thought that the math was wrong.  Instead, I was wrong.  It absolutely is a 1% house edge bet according to definition.

It's a sucker bet, you say.  I'll go out on a limb and say that if the terms of the bet are "if you win, I tax ~99% of your true odds winnings; if you lose, you lose it all", "sucker bet" is an understatement.  I find it unlikely that a player would realize this less-than-ideal situation when they see "1% house edge" advertised.

I think the better question would be "is it misleading to offer this type of bet?".

Any thoughts are welcome.

Thanks for the option. Anyone else willing to sell?

Offer still stands. Good luck trying to ship one of those without damage.

I'll drive up to Boston and pick it up for $1500 cash.

That was before they could buy a 4-module unit directly from Avalon for BTC15 for immediate delivery.

I would actually like to have this device - and I live close to Boston, so I could even pick it up.  But I just can't make myself spend that much on this.

I don't understand why you were willing to pay so much for this, and are so eager to sell it now?  If you are one of the "collectors", it's still collectible...  And it still mines.  Losing those 3 modules just totally took the luster off?

It will never come close to ROI at your current price 

Correction "9 hours from now"