Post
Topic
Board Gambling
Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!
by
Samarkand
on 14/09/2018, 09:20:32 UTC
...
Our business model uses a 5% house edge to fund a faucet, rewards program and lottery. When people ask about reducing the house edge I ask them which of those things we should remove to pay for it.
...

How about all of them? I´d rather play on a site with a 1 % fixed house edge without
any of the mentioned features than at a site with a 5 % house edge that pays for these features.

Just imagine a newcomer to FreeBitco.in, who plays a few rounds without
even being aware of the rewards program or the lottery. He is essentially paying for
a service that he doesn´t even know about.

The bustabit FAQ puts it quite beautifully if you ask me:

Quote
Be extremely skeptical of generous reward programs, bonuses (e.g. deposit bonuses), affiliate programs and the likes.
The money comes from somewhere: you. Casinos often use these sorts of kick-back programs to distract you from their high house edge.

Wink