I think Freebitco should publish this list every week for weekly lotteries too. I have heard from many users that complain about weekly lotteries. If this list is published, I am sure more people will buy tickets.
We already do publish the ticket list every week BEFORE the draw. Read the "THIS LOTTERY IS PROVABLY FAIR!" tab for full details.
Its not my place to question Freebitco.in on how to run their business but the difference in profit margins from one event to the next does appear erratic. Its as if the site is taking widely different cuts from each individual event instead of say a flat 15% for example.
Does anyone know whats behind this? Rounding errors for example wouldnt explain these differences. Am I missing something?
Thanks in advance to anyone who can offer any explanation.
(For the avoidance of doubt Im not accusing or hinting at any underhand practices by the site at all, Im genuinely puzzled.)
The profit margins are not erratic. It is not fixed odds betting it is a
parimutuel betting system. That means all the money goes into a prize pool, we take out a 5% rake and then the rest is shared out among the winners.