I've been playing with it for a few days and so far every payment has been processed perfectly.
The site does have a "house edge" in the sense that prices escalate faster than profit payouts.
That said, the house edge can be overcome by smart play. It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.
The bag holders are going to scream "SCAM!" but, of course, that is part of the game. If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize
BTW, does anyone know the odds involved in this kind of "Chain Game" / "Hot Potato" games?
I mean: at least an estimation about the gambler's odds and the house's odds.
It seems that game is not 50/50, right?
Is it, at least, +EV (positive expected value) for the gambler?
Is there any documentation about that topic around?
Maybe that could be included in the FAQ section of Bit Grenade.