we are changing invest model from 10% from profits, to fixed percent from wagered amount:[/b]
Instead of charging a commission on profits, for every bet placed the house has leveraged 1%. 20% of this 1% is taken by the house the rest goes to investors.
This low fee ensures that the house will always make a small profit, 10% of which will be used as funding for giveaways and promotions.
Do you really mean that? 10% of the 20% you take will go to promotions? Or 50% of it? I think you mean 50%.
By not charging commission on profits, this frees the investor to withdraw their coins at any time without the risk of missing potential commission free gains after a loss.
That's a funny way of putting it. The investors are free of the burden of ever enjoying a commission-free gain?
As previously we are gonna take 10% of house profits, [...]
You just wrote that you aren't going to take commission on profits any more. And now you say you will? This is unclear.
[...] the rest 10% will be used for leaderboard payouts, affiliates and other various giveaways. I hope this step will attract more users, which means more profits to investors.
Do you mean that you will be taking 10% of the *expected* profits for yourself, and another 10% of the expected profits to fund promotions? In other words you have doubled the commission rate?
We had various discussions about it, and decided to change current hashing mode from SECRET:USER_SEED:USER_ID:USER_BET_NUMBER to USER_BET_NUMBER:USER_SEED:SECRET.
I'm curious as to why you felt the need to change it. Did you feel the old way was exploitable? Or what's the reasoning for the change?
