The whale showed us that large bets are risky for the house. Why not to change house edge with a bet size? So that someone could bet even 1000 bitcoins at once, but with a house edge like 20-30%.
That the plan - the max profit limit a stopgap measure only. He will be raising the house edge gradually for bets over 50 BTC. Will remain 1% for those 50 BTC and below
This is ridiculous.
The edge should be the same for any bets. Period. If you dont want the swings, dont open a casino.
Its a gamble. Not "lets jack up the odds for a big bet because we are scared"
Disagree. As I said before, I could imagine a simple 2-tier system: 1% for bets up to 50btc, 1.5% or 2% for higher bets.
Advantages: easy to understand, so probably won't chase away many customers, and will reduce the wild swings we've seen.
Personally, I'd say go back to 1% max bet. But I'm not absolutely commited to that one...
I guess a casino should pay half what a blackjack is worth if you bet over a certain amount also huh. Or if you bet 5.00 on red you win 10.... But if you bet 100.00 u only won 195.00