Quote from: dooglus on November 09, 2014, 03:57:59 AM

Quote from: semidead on November 09, 2014, 03:51:36 AM

this is a nice idea but what if u lost say 0.001 BTC
commission would be less that 0.00001
how will i get a % of that, that amount is too small to be withdrawn

Here's what I'm thinking:

I deposit 21 BTC, bet it on "red" on roulette.

18/37 chance I win 21 BTC
19/37 chance I lose 21 BTC, but they pay 40% of that back to you, and you give me 11 BTC, say.

So I've a 18/37 chance of being +21 BTC and a 19/37 chance of being -10 BTC.

My expected profit is 5.081 BTC.

Where's the flaw here? They seem to be giving a 40% rebate on a game with a 2.71% edge...

idk. There is no flaw I can find..
They get a high roller.

Net Gaming Revenue = (bets - wins bonuses) admin fee.

Is it against site policy or something? I don't think it is. It is the same effect if you clicked on my banner or my signature etc.

Average Expected revenue is : 3.746BTC
So your average expected profit is 3.371BTC (90%) [not 2BTC ]

Quote

18/37 chance you win 21 BTC
19/37 chance you lose 21 BTC, and i give u 7.56 BTC (90% of 8.2), say.

So I've a 18/37 chance of being +21 BTC and a 19/37 chance of being -13.44 BTC.

My expected profit is 3.371 BTC.