Quote from: Royse777 on March 03, 2019, 12:41:36 PM

Quote from: Radiante on March 02, 2019, 12:48:19 PM

A game with a House Edge of 50%: If you buy all the tickets at 0.002BTC, you will be spending 2 BTC to win 1 BTC (50%).
I'm surprised if anyone really buy those tickets, you will be much better by playing in any crypto casino.

Compare:
Buy 1 ticket at 0.002BTC gives 0.1% chance of winning 1 BTC
But if you play "Dice" in any BTC casino, betting 0.002BTC at 0.1% chance is paying 1.987 BTC (house edge 1 %)

If the tickets were cheaper, it would have sense. 50% house edge is too much

I don't care if this become successful for them or not but I think they do have expenses.

Hosting,
Marketing
Affiliates
Managing

these are some expensed and they need to keep space for these expenses as well. As I said my only issue is the trust or I do not see anything wrong with this kind of games.

Quote from: bitcoinisbest on March 03, 2019, 05:51:53 AM

~snip~

Agree chances of winning are way better here as compared to national lottery. But again it becomes the part of trust as you are not sure how will the draw happen and if can be rigged as well and given to their known ones. Obviously no one would like to give to third party unless you know those who run them personally who are legitimate.

Trust is very big deal.

I have seen people to scam even $1 worth of Bitcoin in this forum.

The operational cost is less than 4BTC we can be sure of that. And about the amount he is sending to his pocket isn't fair. As i say before is a bad deal to fill someone's pocket trying to get some cash with the winning chance of 1/100.