BitcoinBetting.website is not really a 0% edge game.
They take 0.0002 btc on each transaction, that's how they make money.
In fact, if you bet less than 0.02 btc, they take you more than 1%
Nopes buddy. This has remotely anything to do with how they make money. Following is clearly stated in the FAQ.They take 0.0002 btc on each transaction, that's how they make money.
In fact, if you bet less than 0.02 btc, they take you more than 1%
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7. Why is 0.0002 BTC missing from the bet amount I sent?
A transaction processing fee of 0.0002 BTC is deducted from each bet.
A transaction processing fee of 0.0002 BTC is deducted from each bet.
It is an on-chain game and 0.0002 BTC is used in mining fee.
For example, take the winning bet Tx of Bet ID: 515, i.e. https://blockchain.info/tx/26b04135e30c4dfce53de060477720875c191817f389c81e29f01ef466f6aaa3. The fee paid is 0.0002 BTC. Moreover, in each bet 0.0001 BTC seems to be going in mining fee to forward the bet amount, e.g. https://blockchain.info/tx/2bc2d1ad923806dac9b95ba842c6643e2523a6f84e98f71f56af6d39e95321e8.