Post
Topic
Board Gambling
Re: [New Player vs Player] Blastabit.com [In Development]
by
BitcoinBlastPVP
on 12/12/2016, 02:32:38 UTC
oh cool idea ill be checking this out for sure.
Do you guys have a twitter account that people can follow to watch for the launch or for updates?
oh cool idea ill be checking this out for sure.
Do you guys have a twitter account that people can follow to watch for the launch or for updates?
Apart from this thread there is no sign of any social media presence anywhere. I searched social media: no sign of Blastabit username anywhere.
Google only result is this announcement thread. Blastabit.com is not even up with some kind of placeholder message, it looks like a dead site.

Social media will be up and running an a couple of days with updates, blastabit.com will have a placeholder message very soon Smiley

Now onto the fee's, When two players are matched up and the game is played out and a player has won, the winning player will have 2% (same fee as if both players had 1% taken from both of their bets) of the winnings subtracted from the profit from the match. By no house edge we mean that both players will have an equal chance of winning instead of if you were to play against a house where the house would have a 51% chance to win and you would have a 49% chance to win Smiley
If you (theoretically) have a 50% chance to win, that 50% chance to win would be for a x1.96 multiplier, which is a 2% house edge. A 50% chance to win x1.98 is offered on dice sites with a 1% house edge. A 50/50 chance to win does not make a game not have a house edge. To make a game not have a house edge, the expected value must be 0.

If you want to run a game without a house edge, but still want to make money, consider doing what iirc BitKong used to do (not a PvP game btw). They charged a 1% withdraw fee and ran their main game (a provably fair game) without a house edge.

We have decided on a 1% withdrawal fee instead of the 2% fee taken from winning players profits Smiley thankyou for your suggestions Smiley