Post
Topic
Board Gambling
Re: Hi Stakes Bitcoin Raffle Lottery |No House Edge|Prog Jackpot|Provably Fair|
by
BRules
on 13/04/2014, 02:57:12 UTC
9 BTC have been promotionally added to the jackpot due to celebration of the first round of the 1st raffle game!

The pot turns the game massive +EV (Positive Expected Value) for players to bet.

Enjoy the bonus!

HuhHuhHuh


Ok, I didn't read all your first post because it is really long. So forgive me if my questions was covered in it.

But this looks like too easy money, as far I could see, there will be 10 tickets of 0.1, so I just need to send 0.1 from 10 different address (1 BTC total) and I will receive 8.5 BTC (after the house rake). Am I right?


Another thing, I couldn't see the point of the house rake. on the first draw the winner will receive 8.5 BTC, on the second draw, the winner will receive 9.775 BTC, on the third draw 9.96625. As you could see, the winnings will tend to 10 BTC.
So, why the need of house rake?