Re: Dodadoo - Win Bitcoin while playing dices (Provably fair)
are you ignore ndnhc statement above about house edge calculation and your announcement that your site have 1.25% house edge instead 2.19%?
They just removed the information from FAQ.
Quote
What is the house edge?
Comssion is included in our winning factors.
Comssion is included in our winning factors.
And house edge of 2.19% isn't a big deal, but it goes up to 1/3 of your bet (15 to 33 times the standard house edge)
Over 11, Under 3 : 30 (35.5497156) 16.67%
Over 10, Under 4 : 10 (11.8500474) 16.67%
Over 9, Under 5 : 5.5 (5.92498815) 8.33%
Over 8, Under 6 : 2,5 (3.554997156) 30.56%
Over 7, Under 7 : 1.6 (2.369998104) 33.33%
Over 6, Under 8 : 1.35 (1.69285811) 21.25%
Over 5, Under 9 : 1.15 (1.36730811) 16.94%
Over 4, Under 10 : 1.09 (1.185000474) 9.17%
Over 3, Under 11 : 1.011 (1.077272336) 7.32%
Over 2, Under 12 : 1,006 (1.015714518) 2.19%
The payout for 1.25% edge in brackets.
Why this is concerning?
If you wager 1BTC, and play on Under 7 or Over 7, you will, on average lose 0.3333BTC to the house, while in most other sites you will be losing 0.01 to 0.02 on average.
I got my withdrawal.
I didn't bother to calculate the house edge for "equal" but I am positive at least most are two-digits.
let's look at that
Dodadoo Team..