ODD - EVEN win 198% | Provably | House edge 1%

[game-protect]

The chance to hit ODD or EVEN = 5 odd numbers and 5 even numbers is 50%?

When I bet $100 and lose = $100 gone

When I bet $100 and win = $100 x 1.85 = $185

As the chance is 50:50, I will statistically win every 2nd time and will get 15% less than the $100 I lost the bet before. Therefore, my expected value per bet is -15% : 2 = -7,5%. So your house edge is 7,5% per bet? Correct me if I misunderstood something.

Exactly the point! The house edge here is so high. No one should even consider playing it as in the long run no bettor will win this even at 50% chances! I don't know if the owner understands why there are a lot of people complaining about the house edge and he doesn't care. He just keeps on repeating his words as his reply.

When you bet ODD or EVEN at Roulette, your EV is -1,35%. When you bet with him your EV is -7,5% = 6 times more!!! This is close to robbery...

[crazybtrade]

Exactly the point! The house edge here is so high. No one should even consider playing it as in the long run no bettor will win this even at 50% chances! I don't know if the owner understands why there are a lot of people complaining about the house edge and he doesn't care. He just keeps on repeating his words as his reply.

I asked players..
If i change house edge to 2%+fees do you want play?
no one say that yes, it's will be good and join..

[crazybtrade]

Exactly the point! The house edge here is so high. No one should even consider playing it as in the long run no bettor will win this even at 50% chances! I don't know if the owner understands why there are a lot of people complaining about the house edge and he doesn't care. He just keeps on repeating his words as his reply.

When you bet ODD or EVEN at Roulette, your EV is -1,35%. When you bet with him your EV is -7,5% = 6 times more!!! This is close to robbery...

Ok, we will set house edge = 2% soon.
Thanks.

[Xanidas]

Exactly the point! The house edge here is so high. No one should even consider playing it as in the long run no bettor will win this even at 50% chances! I don't know if the owner understands why there are a lot of people complaining about the house edge and he doesn't care. He just keeps on repeating his words as his reply.

I asked players..
If i change house edge to 2%+fees do you want play?
no one say that yes, it's will be good and join..

that thing should'nt need to be asked, as owner you should do it automatically since lots of people are complaining about the house edge being so high. i know a onchain gambling site which only have 1.3%~ house edge and for the fees it is split, 10k from the player and 10k sats from the house and its still profitable

[mOgliE]

The chance to hit ODD or EVEN = 5 odd numbers and 5 even numbers is 50%?

When I bet $100 and lose = $100 gone

When I bet $100 and win = $100 x 1.85 = $185

As the chance is 50:50, I will statistically win every 2nd time and will get 15% less than the $100 I lost the bet before. Therefore, my expected value per bet is -15% : 2 = -7,5%. So your house edge is 7,5% per bet? Correct me if I misunderstood something.

Exactly the point! The house edge here is so high. No one should even consider playing it as in the long run no bettor will win this even at 50% chances! I don't know if the owner understands why there are a lot of people complaining about the house edge and he doesn't care. He just keeps on repeating his words as his reply.

Ah ok so I was not the one getting crazy.

I was away from the forum for a long time so first thing I checked was the new gambling sites that popped out!
Betting on the btc price isn't new for sure, but here the btc price and your knowledge about it don't matter at all as it's only a question of odd or even. I'm not a professional trader but unless there is a statistical difference between the two (after all maybe people put 60% of even prices just because of cultural influences) it's just a head or tail guess. So WTF IS THIS HOUSE EDGE? Oo
I mean the main purpose of small house edge is that you have a chance to win!

On a dice site with 1% house edge (which is the common edge, from Primedice to FortuneJack it's the house edge they all have) the site is on profit but the small house edge makes you able to make a real winning streak. So you have a real chance to win, that's the whole point of gambling!

But here you're 7.5 times more expensive and greedy than ANY other website... Moreover your idea is just a disguised head or tail game, the fact that it's based on btc price is... irrelevant.

You gotta change that man, even 2% edge is still twice as expensive as any other gambling site without any reason 

But if you manage to find an idea actually using the btc price you might have something original on your site 

[Zoel]

How much stats bankroll site now?

[crazybtrade]

How much stats bankroll site now?

Don't worry about our bankroll.
We can pay many times winnings with max bet.

[mOgliE]

How much stats bankroll site now?

Don't worry about our bankroll.
We can pay many times winnings with max bet.

Ahahah man I don't want to be disrespectful in any way but that's EXACTLY the kind of message making people worry xD

I mean it's like you go to the bank for a loan, he asks for some guarantee and you answer:
"Don't worry about that, I can payback the loan without problem just give me the money!"

You should be transparent about that

[crazybtrade]

How much stats bankroll site now?

Don't worry about our bankroll.
We can pay many times winnings with max bet.

Ahahah man I don't want to be disrespectful in any way but that's EXACTLY the kind of message making people worry xD

I mean it's like you go to the bank for a loan, he asks for some guarantee and you answer:
"Don't worry about that, I can payback the loan without problem just give me the money!"

You should be transparent about that

do not laugh.
You can check our hot wallets.
our cold wallet is top secret.
their amount of bets very little to ask about bankroll.

[BTCevo]

This is not merely dice games or head and tails game that give you pretty good house edge though. Like you said from the payout he already get 15% house edge, we are not mention about blockchain that play some role here too. Try this site already and place some few bets but in the end i just lose it, although he pay half back, i still dont get it how to win on this site. Please note that i did not say this site is not provably fair, just something that i not really good at

You have placed 1 bet only.. this is very little for stats..

for wins need guess ODD or EVEN.

Try with min bet 0.0005, make 10-20 bets.. and you can see that win is easy

Nope, i place more than 1 bet but i didnt post here my tx id because it seems that it will just waste my money though. And btw you said winning is easy here but in 10-20 bets here if you only win once or twice what for? You are still on negative profit and play longer you will sure end up losing more and more

How many placed bets? Post tx here or pm me..
If you place 10 - 20 bets.. Win bets will be about 5-10.
Or after your lose, another player got winnings only.
It's luck.

Do you want experience?
Make 20 bets, 0.001BTC amount of bet.
If you win 1-2 bets only (as you said) i will refund all your bets! I think you will win about 10 bets (7-13 bet win).
Ok?

Thanks

Yeah i did not make even 5 bets, to be exact there is only 2 bets though. But we never know what is the outcome, so if you put on 10 bets on 0.001 that will be 0.01 btc cost, getting back 5 wins, it should be (5x0.001)+(5x0.00185)= 0.01425 btc - 0.01 btc then the total profit that you get is 0.00425. Note that it has not count your fee, because i saw in your thread said it wont be counted if we make 10 bets directly

And i count it 5 wins, howw about if this is lower than 5, although you win but you will still on negative profit

[crazybtrade]

Yeah i did not make even 5 bets, to be exact there is only 2 bets though. But we never know what is the outcome, so if you put on 10 bets on 0.001 that will be 0.01 btc cost, getting back 5 wins, it should be (5x0.001)+(5x0.00185)= 0.01425 btc - 0.01 btc then the total profit that you get is 0.00425. Note that it has not count your fee, because i saw in your thread said it wont be counted if we make 10 bets directly

And i count it 5 wins, howw about if this is lower than 5, although you win but you will still on negative profit

your calculation is wrong.

for 10 total bets and 5 wins.
10x0.001 - 5x0.00185 = 0.01 - 0.00925 = 0.00075 btc - this my profit 7.5% only.

[crazybtrade]

NEWS:

HOUSE EDGE 1% NOW!

WIN and RETURN 198%
fees 0.0001btc

Good luck and more wins!

[BitLegit.com]

I may try this now the house edge is somewhat reasonable.  However, is it actually 2% house edge and not 1%???

If i bet my $1, i would win $1.98 which is a 98% return making it a 2% house edge correct?

[mOgliE]

I may try this now the house edge is somewhat reasonable.  However, is it actually 2% house edge and not 1%???

If i bet my $1, i would win $1.98 which is a 98% return making it a 2% house edge correct?

I don't know, it's only a question of what you call house edge

Because what happens is that if you bet 1 and lose well you just lose 1
but if you bet again and win you'll get 1.98
So you've bet 2 and returned 1.98. House only took 1% of your bets

At least that's how I understand it, might be wrong though, it's all about how you understand the definition of the house edge ^^

[crazybtrade]

I may try this now the house edge is somewhat reasonable.  However, is it actually 2% house edge and not 1%???

If i bet my $1, i would win $1.98 which is a 98% return making it a 2% house edge correct?

House edge 1%.
Please see m0gliE message.

[crazybtrade]

Christmas prizes 0.01BTC
https://bitcointalk.org/index.php?topic=1726016.0

Good luck and more wins!

[Avirunes]

Just a suggestion that you should have page where user can check their all bets made and check whether if they are in profit or loss like Luckyb.it has their own analyzer. I just played the game and it looks cool if you ask me  

Also is payout done manually?

[crazybtrade]

Just a suggestion that you should have page where user can check their all bets made and check whether if they are in profit or loss like Luckyb.it has their own analyzer. I just played the game and it looks cool if you ask me  

Also is payout done manually?

good idea! we will add bet analyzer soon.

Payout is full automatic, after 1 confirmation.

Thanks!

[Avirunes]

Payout is full automatic, after 1 confirmation.

Thanks!

Still wondering why I haven't got mine till now then 

https://blockchain.info/tx/4fc2f63d01b7b7dbac6ddbe6ad0191567c2fd7da5e75f82c734e99819e918cfa

[Liad.Services]

Just a suggestion that you should have page where user can check their all bets made and check whether if they are in profit or loss like Luckyb.it has their own analyzer. I just played the game and it looks cool if you ask me  

Also is payout done manually?

good idea! we will bet analyzer soon.

Payout is full automatic, after 1 confirmation.

Thanks!

Wow, that's nice.

The fact that you heard for our opinions and you changed the house edge of your site is pretty big.

I can predict you much more users and you will be much more successful now.
Trust me, you won't regret that, as the customer always right!