Post
Topic
Board Gambling
Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿
by
game-protect
on 12/07/2019, 12:35:30 UTC
If the owner sends EOS to his own casino, to whom will he lose 1,5%? Roll Eyes
They will lose 70% of house edge(which is 1.5% of wagering amount) to rest of bet token holders.

You must remember all the bet token holders get the 1.5% house edge and the team only has the 30% of all bet tokens (unless they played as well) which means the shareholders will get it not the team. Hence, on generating fake volume, owners will lose 70% of house edge unless otherwise they have bought 100% of circulating supply.
Why to the rest of BET fantasy token holders?

If the casino owner wagered EOS worth $500 million and private players wagered EOS worth $50 million, then the casino owner gets 90% of the BET fantasy tokens and 90% of the 70% profit share!

Dumb, dumber, brain dead!