Quote from: ByteFan on November 13, 2017, 07:13:42 PM

Quote from: IckyYak22871 on November 13, 2017, 06:31:19 PM

If there are equal amount of "down" and "up" contracts, the fair payout would be 2x, or 100%.

Of course you will never see that because there is the margin of the house in the middle. It is not a casino but it is a business that means it is supposed to bring profit after dev get paid, hosting paid, promotion cost and market-making risk capital expenses...

I am not against a house edge, it is absolutely fair to charge a fee for providing service, but your house edge seem to be pretty high to me. That is why I am asking to provide more details on how exactly you calculate payouts and how much you keep for yourself.

Blockchain (or DAG) based business is all about transparency. Without transparency why bother about these technologies?