Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
hosseinimr93
on 23/10/2021, 21:26:37 UTC
I think Freebitco.in has 5% House Edge. Please correct me if I am wrong.
Yes, the house edge is 5%.

The House edge can be calculated using the following formula.

HE = 1 - ( multiplier * profitability of winning )

HE = 1 - (2* 0.475)  = 0.05

It should mentioned that if you consider free lottery tickets, free golden tickets, free spins, reward points, daily jackpot and monthly contest, the house edge is lower than 5%.