Topic: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ - page 33. (Read 27238 times)

Everything is tied to the expected value. If you were given x50 for 100 scrolls 4 times, then you will rarely see x50. In any case, it will not come out stably every 50 times at least once x50.
You can make 5 circles and you will see only 1 time x50, but with a long distance you will be the actual House Edge anyway.

Wheel games usually have higher house edge due to their risks and payouts. There were times those 50x payouts happen several times within the last 100 rounds.

In BetFury, the most highest House Edge is even higher than CSGO500, namely - Circle: 3.7% - 7.41%, depends on a bet.

You see, not too long ago, we decided to do away with our daily free spins. It was a boon for many players since they could always stick around and claim, wager and (sometimes) make bank with them and cashout. From a player's perspective, that's very good because the site is generous.

However, that came at the cost. They were primarily playing with house money and hence, hardly saw the needs to deposit their own funds. After all, their loss did not really affect them. And just to inform you, the site I speak of used to give out 5 figures in USD worth of trains (think of rains) every single month, and that excluded the vouchers the social media channels dish out from time to time. Naturally in a casino business, the main point is to retain loyal customers with attractive perks. By giving away too much freebies, the limitations arise when HRs (high rollers) come into the picture because we have to offer something to keep them entertained.

So by reworking the dailies, we skewed the rewards more towards the active bettors and VIPs with higher rakeback, cashback and XP rewards, along with the said affiliate percentage cuts instead of distributing them towards the farmers (or bots). And I believe the team has long considered before coming out with the numbers.

Speaking of house edge, the % is up to ~7.4 for our in-house games, and for our casino's, 8.

https://help.500.casino/kb/game-modes/what-is-the-house-edge-on-csgo500

BetFury has the largest House Games Edge of any nearby crypto casino. I already wrote once in the Betfury thread that in Limbo, when I tried to catch x999, I needed about 10k spins.

Below is the House Games Edge: Coinflip: 3% - Hilo: 4% - Crash: 4% - Keno: 4% - Stairs: 4% - Limbo: 3% - Mines: 4%

And by the way, after my post and contacting the live chat, Limbo made 3% instead of 4%. As explained in the support, such a high House Edge is associated with BFG token mining.
Even 0.1% is solved at House Games, but few people look at the subtleties of mathematics when playing games.

It's like on their last birthday there was a promotion with a wheel, where your chances of winning at least 1000 BFG were equal to 1 in 10k on tickets, and to get 1 ticket you had to bet 100 dollars. I highly do not recommend playing in casinos with such House Edge and similar promotions, this is very high -EV.

But the problem here is not betfury (per se), but the startegy crypto casinos have decided to follow in order to reduce the affiliate payments. It's not about casino A or B attracting low value traffic, but about the way the comissions are generated. Even in the casino you've talked about; a 30% of the house edge is close to being a joke.

Suppose the HE is 1%, a typical % for in house games.

Player A deposits 10k USD, makes a few bets and gets lucky; let's suppose he manages to bet 200k out of those initial 10k. That's 20 times the deposit. On that 30% of the 1% HE, the comission would be an amazing 600$; which is not bad (depends, really), but is astronomically far away from a close to 5k comission a "normal" revenue share structure would generate the affiliate. Even if the house edge increased, it's just too low in comparison to the other model

I wouldn't say that all casinos are "stingy". Some out there are generous and with proper finance management, by doing away the abusable mechanics for instance, they could focus more on retaining loyal players rather than trying to maintain low-value traffic.

By the way, I hope that you won't treat this as an advertisement, but the one I'm associated with (500 Casino) gives out 30% of the house edge for the affiliate program. You wanna give it a try? Our team is ready to work with interested parties, and we mean business should you decide to reach out to us.

Since you're a household brand over here, both of ours could benefit from some collaboration.



After seeing efialtis' post, I have decided to stop promoting BetFury on my website. The BFG tokens are good but they attract loads of farmers which kinda spoils the whole referral thing as they tend to only bet with whatever measly balance they have.

And one thing I realized, they never returned the BNBs and XRPs I wagered in cashback, except for USDT. Wtf

Indeed, you know we've talked long about this, and there's sites even worse than what betfury offers... thankfully some of those sites are still open for conversation regarding this.

PS: do you check your email from time to time? thought it'd be faster to reach you there than telegram

Correct and one could elaborate further - the whole wager based rewarding structure is flawed, too... A player deposits 10k, loses it in one bet and gets shit. Another one who deposits 50 bucks, gets lucky and wagers a lot only to eventually lose as well, he will get the better reward... sense?

Yup, having a comission based on the % of a % is... laughing out of the people sending traffic. It could work if you only refered a few friends and considered this as a little extra plus; but having seeing the numbers... even betfury, with their high house edge of 2% are giving 0.3% of only the winning bets. Rest of the sites are no better tbh, except for some very few exceptions

Yeah, BetFury`s program is super bad but most pure crypto casinos with wager based commission deals suck big time - imagine running a business, you have people advertising you at no cost and you reward these people who send you players who deposit dozens of thousands like that - no-brainer I guess, let`s launch a casino! Needless to say, the casinos that work based on industry standard have got to be stupid to share up to 50% of their revenue with the advertiser, or maybe they are smart? I think they are.

Actually, this is a topic that I could probably cover in my affiliate related thread, even though some crypto casinos may not be happy about it.

I have to agree the commission rate is kinda sucky. I had one that wagered close to half a BTC and all I got was like close to 0.2% of its total value...

Hey iv4n,
Playing with your BFG tokens does count in levelling up! The only sad thing is that you don't mine any extra BFG when playing with BFG tokens. That's why I always use USDT to play on Betfury.

@efialtis, when there is something free, there will always be people that will abuse it. And I am afraid it is difficult to get rid of all the abusers...

Hey Ivan friend,

we do get "commission" even when our users are playing with BFG but it is so minimal, I can hardly call it "commission". BetFury`s affiliate program (it is more of a referral program - a bad one at that - than an actual affiliate program), just like many other pure crypto casinos, sucks big time from an affiliate perspective. I do not even want to look at it right now because I will once again feel like I am sending tons of traffic for free.

Always for new users... oldtimers feel neglected!
Just a question, when we are talking about Betfury, I am playing with BFG these days, do you get any commission!? Looks like playing with BFG doesn't affect leveling, but I get points for participating in GameArt's $20k tournament while playing with BFG (currently 103 place, $20 prize)! Only asking cause I wagered a lot in a few days playing with BFG! I just wonder how it works...


Nothing new I guess... and if we think it will be better we are probably wrong!

Exclusive 10 USDT No Deposit Bonus for GOSUS - new users only! https://www.btcgosu.com/blog/news/betfury-exclusive-10-usdt-no-deposit-bonus-for-gosus/

Side note, food for thought maybe: It is unbelievable how there are a couple of users who keep abusing our no deposit bonus offers by creating dozens of accounts - this is pathetic and in the end of the day, you are ruining it all for the legit people who miss out while we will think about not offering such bonuses without verification moving forward. We can see that it is always the same people abusing.

Keep in mind that betfury has just announced that players from germany and austria are going to be restricted; may be a good time to also update the geo-plugin

Thanks for all your "love" my friend. Regarding spammers on site - this is not something that could really do us harm from my current point of view. There should be more advantages than disadvantages but it is going to take a little while anyways before we implement such added community features.

On a totally different note, I have started updating casino reviews:

https://www.btcgosu.com/review/stake/
https://www.btcgosu.com/review/betfury/
https://www.btcgosu.com/review/chips-gg/
https://www.btcgosu.com/review/sportsbet-io/
https://www.btcgosu.com/review/bitcasino-io/
https://www.btcgosu.com/review/rocketpot/
https://www.btcgosu.com/review/fortunejack/
https://www.btcgosu.com/review/trustdice/

BlackjackFun, TrueFlip and Bitvest have been deactivated for the time being.

Thanks for the update Efi and keep up the great work! BTCGOSU is still my stop nr 1 if I want to know something about (new) crypto casinos! Looking forward to the new features/sections also. It is a good idea to give users activity points but I am afraid this can also bring more spammers to the site...

Of course I remember, those poker tournaments stayed in my memory as one of very few good memories from though period in my life. It was first covid lock down so there was not much outside life at that moment and to make things worse I even lost the job. Which was not a problem so much because of the actual job/money situation as much as being at home for whole days. Those poker sessions came very nice

I actually bookmarked the gosu page from SwC chat so there is that as well.