Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!
Nope, you will not be like all the other sites, you will be in a better position to be competitive with them. A 1% reduction will already place you in a better position to compete with other gambling sites. When you changed the business model from a faucet site to a gambling site, you effectively changed the original concept and the original goal for this site.
When you were mostly a faucet, you had to subsidize the faucet payouts with the gambling income, but now you are re-defining yourself as a gambling site and that changes your target market. Gamblers wants a low house edge and a fun experience.
When you were mostly a faucet, you had to subsidize the faucet payouts with the gambling income, but now you are re-defining yourself as a gambling site and that changes your target market. Gamblers wants a low house edge and a fun experience.
The house edge was changed to its current level within 2 weeks of the launch of the site. The volume of business we do compared to the other sites is a good indication that gamblers are happy with it.
Reducing it by 1% would give us a 20% reduction in income and we would have to decrease rewards and benefits by 20% to pay for it. That's not a change I am in favour of. It is working great as it is and I'm not looking for ways to break it.