Post
Topic
Board Gambling
Re: [ANN] EdenDice | 30% of our Profits Given Back! | 1% House Edge | NO EMAIL REQ
by
Domino
on 17/08/2014, 13:09:45 UTC
Yes, as it currently stands all you are required to do is to place a single bet the day before to be eligible. We will be changing this in future however. The more you bet / wager the more you will get back from the 30%.

In my opinion, this approach of handling the 30% site profit sounds more fair to the gamblers. Smiley

please explain why

As it currently stands we have many users simply joining to bet once then claiming their profit share. We want to reward players for playing on the site.

Exactly.

For the site itself, I am sure the owner wants people to bet as much as possible instead of wanting people to log in and make one tiny bet every day.
For the gamblers, the more you bet, the more you will lose to the site (statistically speaking, house edge % * wagered amount) and so it is fair IMO for big gamblers to get a larger share.