Post
Topic
Board Gambling
Re: Chain-Bet.com - Win 16x - 0% House Edge - Provably Fair
by
RocketSingh
on 19/04/2017, 21:18:49 UTC
Due to increase in average cost of confirming a Bitcoin transaction, we are hereby increasing transaction processing fee from 0.0002 BTC to 0.0004 BTC. We understand, this might impact small bet amounts, but to ensure faster processing of bet forwarding Tx and winning amount sending Tx, we had no other way. Sorry for the inconvenience caused.

https://twitter.com/Chain_Bet_/status/854662731085078528

Ok.. So you take 0.0004 BTC for forwarding but actually pay 0.00025 BTC.. no 0% house edge anymore? The second thing is, I won one bet and the payout is still unconfirmed  which was transfered like 3 hours ago... Did you decrease the fees for payouts?

This question was raised before while transaction processing fee was 0.0002 BTC and forwarding Tx used to cost 0.0001 BTC. I explained it here to the best of my understanding - https://bitcointalk.org/index.php?topic=1643248.msg16586076#msg16586076. U may like to check it out.