Quote from: SebastianJu on February 01, 2014, 11:55:04 PM

Quote from: Bitcoin Betting Guide on February 01, 2014, 11:51:59 PM

About how often is the sites bank (currently 36,010) bet through? Because that is how long it should take an investor to realise 1% gain. So if 36,010 is bet about every 39 days investors should make about 1% every 39 days which annualises to about 9% per year.

But I just made the 39 days up what is the actual time it takes on average?

Check the tab stats for the daily wagered amounts.

Okay I have done that now and the last 4 turnovers of the bank have taken 13, 6, 5 and 1 days for an average of 6.25.

So over the last 3 and 1/2 week investors should be making 1 % every 6.25 days or an annualised 58.4% (much more because it would compound but lets keep this simple).

but the site does not make 1% it makes 0.26% so investors should make 0.26% every 6.25 days or an annualised 15.18%.

Does that agree with peoples real investment performance? I have only been invested for 3 week and I have broke even in that time.

What about this 0.26% return on a 1% edge? you cant call variance on a sample size of 563,854,546 bets. The only thing I can think if is if the site has run bad on max bets which are a small sample size. Any stats available on number and results of max bets or all bets over 100 BTC? Average bet is 0.0876412 btw