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Author Topic: 💥Horse Racing♞ Trifecta ♞ Horse Racing ♞ UNIQUE ♞ Jackpot ♞ 0-1% EDGE  (Read 59152 times)
cryptosmoker
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May 17, 2015, 02:18:55 PM
Last edit: May 17, 2015, 04:55:31 PM by cryptosmoker
 #981

Quote
What sets us apart from other gambling websites is that we run a 0% house edge game. Instead of implementing a house edge like all other dice sites, we implemented a Player Versus Player system instead. With a player vs player based game, the players will win more, andeven if they lose, there will always be an actual player winning instead of the house.


This is false.

With the house taking a 2.5% commission, they will ALWAYS win.

It really doesn't make a difference whether they take 2.5% via an edge in the actual game, or as a commission off the top.

I don't think there's anything wrong with doing either or.  It's the deceptive advertising that I think needs to be brought to the public attention.



if you think it is deceptive then please help us describe it in a better way but to say that we have a house edge is also wrong because it would not apply for bithorse since it charges a percentage of the pot. Why would you want to connect escrowing fees to house edge, these two are just different.

We have 2.5% gambling house escrowing and winnings distribution fees. We have 0% house edge to win against you. Your winning odds are always against other players in a 20% per horse. Fair enough as a statement?

First of all, I don't think it's unreasonable at all to take the 2.5% (in fact I believe in US paramutual wagering around 20% is taken by the track and government), its just the heavy advertising of 0% house edge.

I understand your point that the house is just taking a "fee" unlike most casino games.  However, that doesn't mean the house has no edge.  

Wizardofodds.com is probably the most reputable source gamblers have.  Note how he lists the baccarat banker bet is listed with a 1.06% house edge, this is collected as a commission. Also the definition:

"The house edge is defined as the ratio of the average loss to the initial bet. "

If you are taking 2.5% of each bet, the average loss will be 2.5% = the house edge.  If the house edge were 0%, a player should expect all bets to have 0% equity. (before any skill variable)

http://wizardofodds.com/gambling/house-edge/
panjul07
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May 17, 2015, 04:05:26 PM
 #982

hey OP and Dev..

is it possible to inform us about your site's statistic, I mean when you have the most online players at same time except in jackpot time?
this is my main problem to play on your site so far..hard to find other players at the same time..thanks


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Sakarias-Corporation (OP)
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May 17, 2015, 04:21:36 PM
 #983

hey OP and Dev..

is it possible to inform us about your site's statistic, I mean when you have the most online players at same time except in jackpot time?
this is my main problem to play on your site so far..hard to find other players at the same time..thanks



Hey Panjul07, i would say around 22:00 (CEST) ''10:00 PM''  Smiley

Sakarias-Corporation (OP)
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May 17, 2015, 08:11:24 PM
 #984

There's a new giveaway up in out other thread before the Jackpot !  https://bitcointalk.org/index.php?topic=966507.0

Jin xiou
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May 17, 2015, 08:18:20 PM
 #985

There's a new giveaway up in out other thread before the Jackpot !  https://bitcointalk.org/index.php?topic=966507.0

Great with Giveaway!

Jackpot in 10 minutes Cheesy!!
newcripto
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May 17, 2015, 08:55:35 PM
 #986

There's a new giveaway up in out other thread before the Jackpot !  https://bitcointalk.org/index.php?topic=966507.0

Great with Giveaway!

Jackpot in 10 minutes Cheesy!!
That was really very amazing to place bet against the jackpot. More amazing was to win my share from that jackpot of 0.10BTC.Bithorse is offering great jackpots even in beta version.I say this is going to be very very popular in coming weeks.
trafficolaa
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May 17, 2015, 09:00:18 PM
 #987



that 0.10btc Jackpot race was really amazing and many players took their part from this wonderful race, i love bet on horses cause of nice betting concept and i hope in future many active players will be there like this.
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May 17, 2015, 09:08:22 PM
 #988

bithorse has hardworking and very friendly admin that wonderful betting site need some big players to play there, some new features like treficta and ref system would be helpful to bring some new players to this nice site.Jackpot race was truly interesting and i also got some money from this Grin
asuryan180
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May 17, 2015, 09:21:48 PM
 #989



that 0.10btc Jackpot race was really amazing and many players took their part from this wonderful race, i love bet on horses cause of nice betting concept and i hope in future many active players will be there like this.

Damn it is just like me to miss the possible chance of a bonus/jackpot. I can't say I wasn't told because I see something about it maybe a little over a week ago  Shocked Just forgot to drop by and see lol Glad you all got to enjoy it though. Admin is it every Sunday the jackpot if so is it always the same time?

panjul07
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May 17, 2015, 10:29:50 PM
 #990



that 0.10btc Jackpot race was really amazing and many players took their part from this wonderful race, i love bet on horses cause of nice betting concept and i hope in future many active players will be there like this.

Yap it was great. I almost forgot it, fortunately there was someone bumped this thread 10minutes before the jackpot race.  Grin
Made a few profit plus got few RAIN, but unfortunately after the jackpot there were only few bets   Angry

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Euthanasiaa
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May 18, 2015, 02:32:46 PM
 #991



that 0.10btc Jackpot race was really amazing and many players took their part from this wonderful race, i love bet on horses cause of nice betting concept and i hope in future many active players will be there like this.

Can't believe i missed that Sad !
Sakarias-Corporation (OP)
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May 18, 2015, 05:03:23 PM
 #992

we have Recently Started our twitter Campaign !

https://bitcointalk.org/index.php?topic=966507.0

Havelivi
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May 18, 2015, 05:11:56 PM
 #993

we have Recently Started our twitter Campaign !

https://bitcointalk.org/index.php?topic=966507.0

admin you should move that twitter campaign into Services board, is make to claim bithorse username and deposit needed for this?

https://bitcointalk.org/index.php?board=52.0
Sakarias-Corporation (OP)
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May 18, 2015, 05:13:12 PM
 #994

we have Recently Started our twitter Campaign !

https://bitcointalk.org/index.php?topic=966507.0

admin you should move that twitter campaign into Services board, is make to claim bithorse username and deposit needed for this?

https://bitcointalk.org/index.php?board=52.0

there's 2 threads Smiley you can sue your own personal wallet Smiley

achow101
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May 18, 2015, 05:55:51 PM
 #995

Is it still available? I see thread locked.

Sakarias-Corporation (OP)
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May 18, 2015, 05:56:11 PM
 #996

Is it still available? I see thread locked.

Currently having a Wallet malfunction

panjul07
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May 18, 2015, 06:08:58 PM
 #997

Is it still available? I see thread locked.

Currently having a Wallet malfunction

Hope you will fix it soon, but luckily I got the twitter campaign already. And it was so fast, no more than 5minutes after my post on the Games and Rounds thread.
No more than 24hours I got 0.002 twice, first was from the RAIN and second was from the recent twitter campaign.  Wink
now I'm waiting for other players to place some bets, hope get some profits.

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trafficolaa
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May 18, 2015, 06:16:43 PM
 #998

Is it still available? I see thread locked.

Currently having a Wallet malfunction

Hope you will fix it soon, but luckily I got the twitter campaign already. And it was so fast, no more than 5minutes after my post on the Games and Rounds thread.
No more than 24hours I got 0.002 twice, first was from the RAIN and second was from the recent twitter campaign.  Wink
now I'm waiting for other players to place some bets, hope get some profits.

that is nice to get spot in time i am little late to get in and i hope admin will resolve that wallet issue and will be unlock the thread again and i will get my part from it, i am online at bithorse so you come to play there with me you are welcome to place bets. Wink
Sakarias-Corporation (OP)
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May 18, 2015, 10:41:48 PM
 #999

just wanted to let you all know that we will have Twitter related Bonuses in the future. so follow _Bithorse_ for the latest News Smiley

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May 19, 2015, 12:49:57 PM
 #1000

just wanted to let you all know that we will have Twitter related Bonuses in the future. so follow _Bithorse_ for the latest News Smiley

ah that's Great !

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