so if 100 bitcoin invested at 1% and 100 bitcoin invested at 0.5% the max profit will be 0.75%
either win/lose scenario:
100 bitcoin bet. win = 75 bitcoin to 1% investors and 0.25% to 0.5% investors. Of course lose its a negative instead
Can you explain why the 1% investors get 75% of the coins when they only provide 66.7% of the available profit? And how anyone was able to place a 100 BTC bet when the total bankroll is only 200 BTC? I think I understand your example and you've got all the numbers wrong. But I'd like to see it with the numbers right just to confirm.
Dooglus, this might be better than changing the house edge, because then you leave the investors to make their choice.
I think this is a useful addition as well as changing the house edge for large bets.
My initial plan was to allow each investor to choose their own house edge and risk level and have them form a market like on an exchange, so the player gets matched by whichever investor(s) are offering the lowest house edge(s). This would result in competition between investors to get gambler action and cause the edge to be the lowest available anywhere. I wonder how such an idea would go down. It would probably result in a few crazy investors offering very low edges, and leave the sensible investors getting matched by none but the biggest bets. (Like how when you ask for more than the current market rate on MtGox when selling coins, you only get matched by the big buy orders).