Right now the risk for the "site bankroll" is 1/2 kelly kriterion. If we would change the house edge to 1% we could then keep the kelly criterion constant at 1/2 Kelly by setting the max profit to 0.5% site bankroll.
How do you propose do we ask the community? because i'd rather change this soooner than later.
Do you know that Just-dice.com is 1% house-edge and 1% max profit? But some big whales winned a lot and make the house lose a lot. It's a disaster for a dice site run with 1% house-edge and 1% max profit.
But as I re-think about it. The difference is that the house of Chancecoin won't lose a bit when the player wins, because only the player's balance changes.
So, It is more safe for Chancecoin to run 1% house-edge than Just-dice.com.
Just-dice DID run on 1%/1%. now it is also 1%/0.5% , like i am proposing for this coin.
2%/1% is just too expensive to be competitive.