Post
Topic
Board Gambling
Re: [letsdice.com] profit when your friends are also probably winning; and JACKPOT!
by
towtoad
on 13/09/2013, 01:48:57 UTC
What's with the "profit when your friends are also probably winning" line?  That seems misleading.

You profit when they bet, win or lose, right?

And since you have the biggest house edge around, they're more likely to be losing than on any other dice site.

Maybe change it to "your friends will probably lose but who cares because we'll give you your cut"?

It's not misleading. Every word in that sentence is considerate. Smiley

I've updated the post with follows:

The House Edge: 1% or 1.98%?
The basic house edge of letsdice.com is 1.98% (Since we're trying to have both on-chain and off-chain mode, which is compatible to SD).

However, here's the main point: out of 1.98%, 0.48% goes to the JACKPOT (to players), and 0.5% goes to the players' referral rewards (to players). Therefore, in the end, the house only keeps 1%.