Great job this week guys. Your coins worked hard for us and somehow managed to retain over 5% of the amount wagered!
Jun 9 2014 2.06% 142.75%
Can you please clarify this? You said there was a 5% retention (ie. house edge) but the profit was only 2.06%?
Obv 5℅ of what was wagered
Or not. 5% of what was wagered would be a 5% effective house edge (aka "profit"). Let's put it into a mathematical formula you can utilize:
5.00% profit = 2.06% profit, false
Here's a link to help you verify that (though this is basic mathematics):
http://www.wolframalpha.com/input/?i=5%25+%3D+2.06%25If the Investment pool is 100BTC and only 10BTC was wager that week. 5% of 10 BTC is .2BTC profit for the Investors. .2BTC is .2% of 100BTC, so the profit that week is .2%, not 5%. The effective house edge is 5% of all wagered coins. That doesn't tell you how many coins are wagered. Would you expect to make 5% profit if no one even used the site all week?