The thing is we are building a platform with no house edge, the winner will be decided by the players itself. we just charge a transaction fee for being a middle man
Then, how you run the business.
I believe still not enough the business would be running with the only charge from the transaction fee, cause every transaction already can be created with a cheap fee.
Unless if they do make fees that too high or deductions much more since this one doesnt have a house edge.
Answering up the question in talks on which one is better then of course the higher the percentage the better
which is 3 in 33.3% since people do know that they have higher chances of winning rather than being divided into
smaller parts.Business with no house edge will probably get their income in fees and theres no doubt with that because
theres no other way to generate profit.
So it means, it is better to have HE rather than charge high hidden fees, right? The project should be transparent as much as possible so players will have the trust to play on their platform. Of course, if you want to set-up a lottery game, somehow, you want to earn money and I guess, they are not doing this for charity. So better be honest as much as you can because people will dig your system if you are not telling the whole truth of your intentions.