Quote from: Buziss on August 26, 2015, 09:50:36 AM

Quote from: waterpile on August 26, 2015, 01:22:33 AM

Quote from: Rmcdermott927 on August 25, 2015, 03:08:34 AM

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.

Yes, correct. Every time a player comes to the site, I hope they win. They can win as much as they want and I would still profit as I get paid whether they win or lose. It is in my best interest for players to win, as they are more likely to come back.