Hello,
I would like to invest in the bankroll but since i am not sure to fully understand how this website works i wanna ask you some questions.
I assume there is three groups : The investors, The players and The operator.
When a jackpot is won there is a new one which have a minimal value (like 0.5btc for the mega jackpot) in this case where these 0.5btc come from? The players couldnt wager to "build this jackpot" so does it come from the operator pocket?
Since the house edge is 1% and 1.5% of the wagered amount is added up to the jackpots.
There is 97.5% of the wagered amount given back to the players (if we doesnt count the jackpot).
But with this info i think that the probability of hitting 2x or more is 48.75% and the probability of hitting 1.01x or more is 96.53% can you confirm that?
By the way i think that knowing the probability of hitting a number which would be a nice feature.
I see on the site that investors won 6.84btc since the openning of the site.
I am curious about how much was won/lost by the players and how much was won/lost by the operator. Would it be possible to know that?
Is the webiste sustainable for the operator even if the bets per round are low?
Why on earth would anybody want to invest in a project that has no legal ownership displayed on its website in its terms and conditions?
Sure there are exceptions to the rule because the website owners are well known and have a great reputation but there are just a handful of those. In the case of this website, you have zero legal protection if you invest and there is a scam. I am not saying there will be, I have no idea who the owners of the website is and what his background is BUT that is precisely the point.
Would anybody give their crypto to a stranger who approached them walking in the street claiming he would give them a share of any profits of a new business as well as return their funds when requested? The answer is an unequivocal "no"