While playing on PD I'm trying to understand the provably fair verification code. So far so good, but what I don't understand is that I don't see the 1% house edge in the calculation of the rolls. Am I missing something?
The rolls numbers themselves aren't influenced by the house edge - the 1% edge affects whether your roll number is considered a win or not (ie. The range of values your roll number has to be within for the system to consider it a win.)
let me explain with numbers. you will get 2x with chance %49.5 for playing High (here we have 0.5 percentage ) and also you will get 2x for playing low with chance %49.5 ( Here we have 0.5 percentage too)
And sum of %1 is total house edge.
In short term you will win. but in long term for sure you will lose all.