Hey, I have some questions about how Dice/crash games operate that I want to clarify.
Do they take .25% of their commission on every bet?
No.
So let's say user wins 2x he's winning 2(x*99.75) ?
And No.
You'll get what is stated in the "
profit"; you bet 0.0001 for x2, you'll get +0.0001.
As everybody mentioned, it's all about the "
House Edge", 1% maybe low at glance but in the long run (
multiple consecutive bets),
you'll have a lower chance of winning (
I even know one with 5% house edge).
Like 49.5% for a supposed to be 50% chance.
TL;DR: They earn through your loses.
Additionally, nobody have mentioned this: they gain additional income through withdrawal fees and other discreetly marketed promos that were designed to make you bet than hoard (
who uses gambling sites as wallet anyways).
Notice that casinos usually have high
minimum withdrawal amount but lower than the withdrawal fee
minimum deposit amount? it's for ca-ching~.