Post
Topic
Board Gambling
Re: TWTIA.com - The Winner Takes It All! - Bitcoin Auction Game
by
TWTIA.com
on 08/07/2016, 18:38:38 UTC
How does the site generate revenue if the bids get added to the jackpot?

also, what about double spends. I dont know much about them but this seems like a place the scammers would use the trick.

House margin is 5% (only on the won amount - winning bid is returned entirely). Regarding double spends before paying the jackpot 3 confirmations on all transactions are waited.