Post
Topic
Board Archival
Re: Crypto-Games a scam?
by
SRoulette
on 29/03/2013, 11:54:30 UTC
Someone please explain this to me, because I am having a hard time understanding what just happened.

I tried their "Litecoin Dice" game and sent in 1 Litecoin to address LQU5eFcXGyXQ5wTMQqkLG4GUNRqSukmmnX and received .9585 Litecoins in return and on the website it said that I "won"  Now I have a hard time believing that "winning" means receiving back less than my original bet, especially when it says the payout is 1.0585x your bet.

Am I missing something here?  Why did I not receive 1.0585 Litecoins in return?  Otherwise people be wary of playing at http://crypto-games.us/ltcdice.php

Due to the large size of litecoins default txfee of 0.1 ltc for most transactions it is difficult for casinos to absorb the fee in the smaller bets.
Most litecoin games either deduct a fee (like ours): http://satoshiroulette.com/reverse-dice.php?mode=LTC or increase the house edge significantly in order to absorb the fees (5% on some sites).