In response to some questions we've received:

What are the odds and house edge?


We are aware the the site claims payouts of 1.98x, 30x, and 500x, but we've chosen to use simple numbers for aesthetic reasons. 

How does the jackpot work?
1.5% of every losing bet is paid in to the progressive jackpot.  It is won by flipping 5 heads or tails in a row.  The wager amount is taken in to account when determining the payout, such that a wager equal to the game's maximum bet will win 100% of the jackpot, and a wager equal to 1% of the game's maximum bet will win 1% of the jackpot.  The jackpot will be reset to BTC1 if it ever drops below that level.

The maximum bet is pretty low.
The Bitcoin gaming community demands a much lower house edge than traditional gaming establishments, so operators and investors are exposed to significantly more risk.  To keep ourselves from going bankrupt, we've decided to keep our maximum win equal to 1% of our current holdings.  As we receive more investments and the site profits, we'll be able to offer higher wagers.  Investment opportunities will be available built in to the site starting a few days before our Grand Opening event, scheduled for early-mid September.  Of course any potential investors are more than welcome to contact us at info@coinsp.in.

We hope to see everyone enjoy our new game!

Good luck,
The coinsp.in team