Post
Topic
Board Gambling
Re: Treasure-Bit.com | GIVEAWAY - Free Play mode - Provably Fair
by
ndnh
on 21/12/2014, 11:08:20 UTC
Features:
-Low house edge

How low? Low is a relative term...
From my calculation, your house edge is 1.033%. Why do you set it slightly higher than your competitors lol?

The house edge is calculated by a formula so it depends on how many treasures / spades you buy. It is a variable house edge. @Chemistry1988 we have an additional 5% refer bonus, I think this compensates.

5% refer bonus does not compensate for the higher house edge. In fact your referral bonus is much lower than the other minesweeper sites:

www.satoshimines.com is 10%
www.coin-sweeper.com is 15%




In fact, I think you are just comparing the %.
You can compare satoshimines, but coin-sweeper pays based on total bets ,made by referrals. ie. 15% of their edge. There is big difference.