Post
Topic
Board Gambling
Re: Quantum Dice - Now Featured on MoneyPot | variable HOUSE EDGE as LOW as 0.01%
by
Buziss
on 26/08/2015, 09:50:36 UTC
Come on down, and play guys.   Variable house edge - It goes as low as .01%


putting up a .01% house edge seems a very risky approach.

First, the house edge varies randomly from 0.01% to 1%. Also the app owner has no risk at all here, as he is going to take the same commission no matter if a bet is winning or losing. Lastly, the investor takes very little risk as well as the max profit allowed per bet is calculated by Moneypot using Kelly formula, and thus the investors are risking only 0.01% of their funds for such bets.