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SRoulette (OP)
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February 18, 2013, 03:44:34 AM
Last edit: April 02, 2013, 05:03:29 AM by SRoulette |
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Roulette Jackpot is currently: 1.4127 BTC  |
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SRoulette (OP)
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February 18, 2013, 04:54:44 AM |
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 Now, even lower  We are approaching the point where all bets on the table will have a negative house edge !!!. |
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giantdragon
Legendary
 Offline
Activity: 1582
Merit: 1002
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February 18, 2013, 05:02:34 AM |
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Just interesting, what is your business model which makes negative house edge profitable for you?
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SRoulette (OP)
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February 18, 2013, 05:13:10 AM |
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Just interesting, what is your business model which makes negative house edge profitable for you?
The negative house edge or positive payout percentage is generated by the progressive jackpot attached to the roulette table. It is built up by keeping a percent of player losses from the house and adding it to the games jackpot. This allows us to safely operate with razor thin margins, eg our Jackpot Dice game has better payouts than satoshidice and lower house edge which might not be possible to run safely without using a donation percent and progressive jackpot. It is mainly about the experience for us though we do appreciate any money made along the way. |
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SRoulette (OP)
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February 18, 2013, 07:07:44 AM |
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MILESTONE REACHED: All max bets on the roulette table are currently negative.
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SRoulette (OP)
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February 18, 2013, 09:11:35 AM |
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 Very exciting, we make hit 1 bitcoin at this rate |
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SRoulette (OP)
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February 22, 2013, 05:18:36 AM |
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lets see if someone can clear this jackpot this weekend  |
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SRoulette (OP)
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February 22, 2013, 06:51:02 AM |
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collected by player Drew.
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
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February 22, 2013, 06:58:38 AM |
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collected by player Drew.
Congrats |
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kokojie
Legendary
Offline
Activity: 1806
Merit: 1003
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February 23, 2013, 12:46:17 AM |
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Can you fix the display in firefox, it's totally messed up.
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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cdog
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February 23, 2013, 02:14:55 PM |
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^^^^^Yup, I was like uhhhhhhh, wtf?
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SRoulette (OP)
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February 24, 2013, 02:47:33 AM |
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Can you fix the display in firefox, it's totally messed up.
thanks for bringing this to our attention, It is being looked into currently. |
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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February 24, 2013, 11:53:25 PM |
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Are you claiming that you have a negative house edge in the whole game or are you just saying that currently the "house" has a bad luck streak and is for some (limited) time in the negative? I'd rather say "play roulette against a currently unlucky operator" rather than claiming to have a negative house edge in a game that does normally have a positive house edge...  |
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silvergoldandbitcoin
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February 25, 2013, 04:39:32 AM |
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Are you claiming that you have a negative house edge in the whole game or are you just saying that currently the "house" has a bad luck streak and is for some (limited) time in the negative? I'd rather say "play roulette against a currently unlucky operator" rather than claiming to have a negative house edge in a game that does normally have a positive house edge... was wondering that myself... *** www.btcgoldcoin.us/game *** |
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SRoulette (OP)
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February 26, 2013, 01:44:18 AM |
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Are you claiming that you have a negative house edge in the whole game or are you just saying that currently the "house" has a bad luck streak and is for some (limited) time in the negative? I'd rather say "play roulette against a currently unlucky operator" rather than claiming to have a negative house edge in a game that does normally have a positive house edge... "Currently". We have been looking at this ourselves, a better terminology maybe "average payout" and "current payout". Thank you for the feed back |
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ehmdjii
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February 26, 2013, 03:06:29 PM |
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why do you have different rates for single numbers, b&r, etc? isnt the payout rate in roulette the same for any bet?
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BTC: 1LsD5HpnX1Kfyti7CnHiVB1rjUEXGqmR2H
LTC: LQbpdMZmYyJa9bJG6NweBNxkSTfgZorkrG
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SRoulette (OP)
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February 28, 2013, 01:13:25 AM |
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why do you have different rates for single numbers, b&r, etc? isnt the payout rate in roulette the same for any bet?
Because single numbers have a lower max bet while still having the same sized jackpot as even bets. Also because Single Numbers donate more to the pot per round than even numbers due the higher count of losing numbers. |
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SRoulette (OP)
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February 28, 2013, 04:05:40 AM |
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Are you claiming that you have a negative house edge in the whole game or are you just saying that currently the "house" has a bad luck streak and is for some (limited) time in the negative? I'd rather say "play roulette against a currently unlucky operator" rather than claiming to have a negative house edge in a game that does normally have a positive house edge... was wondering that myself... *** www.btcgoldcoin.us/game *** Tweaked the site stats and display. Now we advertise Average Payout % and Current Max Bet Payout % this should resolve any confusion that was had before. |
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SRoulette (OP)
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March 07, 2013, 03:02:11 AM |
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The jackpot is building up again |
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