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Topic: | PVP Gambling | ★★ btcraffle.io ★★ | Provably Fair | - page 2. (Read 479 times)

copper member
Activity: 71
Merit: 0
House edge is 4% and only applies to larger games, small games the house does not take a cut. Since it is only players betting vs players we can be bankroll less. We just have to cover for server costs, advertisement, etc..
To keep site up and running along with proper development operations , you definitely need some sort of income.Have you defined the limits for the house-edge yet ? The 4% will be applied only if the total amount passes the threshold of x value. That X needs to be defined.Better yet, you can have different X values according to the total pool.This will ensure you will get something from every game.

We are working on a dynamic house edge, but for now it's 4% for all the rounds :
We just want to be sure that the jackpot will be ALWAYS at least as big as the biggest bet.

We will keep you informed if there is any change
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
The UI interface looks quite similar with bustabit, but the game is exactly different. I wonder about the house edge, is there a house edge in this game? Just checked some few bets there but seems that the winner get all the pot without any fees. If there is no house edge, so how would you make profit from the game?
Based on my experience into those sites who dont have house edge they do mostly get a percentage when they do already make a withdrawal or some do directly get percentage after a winning.When i surfed into the site it do give me the impressions of bustadice which is really entirely similar but the game is different.

I had test it out to access on Internet explorer but it failed to load and stucked but this one works in chrome.
legendary
Activity: 1988
Merit: 1317
Get your game girl
House edge is 4% and only applies to larger games, small games the house does not take a cut. Since it is only players betting vs players we can be bankroll less. We just have to cover for server costs, advertisement, etc..
To keep site up and running along with proper development operations , you definitely need some sort of income.Have you defined the limits for the house-edge yet ? The 4% will be applied only if the total amount passes the threshold of x value. That X needs to be defined.Better yet, you can have different X values according to the total pool.This will ensure you will get something from every game.
newbie
Activity: 12
Merit: 0
House edge is 4% and only applies to larger games, small games the house does not take a cut. Since it is only players betting vs players we can be bankroll less. We just have to cover for server costs, advertisement, etc..
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
The UI interface looks quite similar with bustabit, but the game is exactly different. I wonder about the house edge, is there a house edge in this game? Just checked some few bets there but seems that the winner get all the pot without any fees. If there is no house edge, so how would you make profit from the game?
it is not possible if the site does not have an edge house, maybe the owner is skipping to include it, because it is commonplace on the gambling site, without the edge house, the gambling site will go bankrupt in a short period of time
legendary
Activity: 3500
Merit: 1354
The UI interface looks quite similar with bustabit, but the game is exactly different. I wonder about the house edge, is there a house edge in this game? Just checked some few bets there but seems that the winner get all the pot without any fees. If there is no house edge, so how would you make profit from the game?
copper member
Activity: 71
Merit: 0
Not for now, but we will keep you in touch Wink
newbie
Activity: 14
Merit: 0
Would you be interested in a marketing manager ?
I've got 8 years experience in the gambling scene on multiple gambling websites.

Just send me a PM if so .
Support / Quality Manager aswell .
copper member
Activity: 71
Merit: 0
Reserved for future announcements and events
newbie
Activity: 12
Merit: 0
Welcome to www.btcraffle.io a new PvP style of gambling. This raffle is a fast 10-30 seconds and allows for a single winner each round. The odds of winning are dependant on how many tickets you buy, you have the ability to buy tickets as the time is ticking for a last-second victory. Each bit equals 1 raffle ticket, the odds fluctuate with how many tickets are in the pot.


You are not playing against the house but against other players. 2 Players are required to play. We look forward to seeing you around and hope you enjoy your stay.

Some of our features include:
♠ PvP Gaming
♠ Hot Wallet for quick withdrawals and deposits
♠ 10-30 Second Raffles
♠ Live Stats
♠ Secure Offline Cold Wallet
♠ Live Chat - Give Aways - Events
♠ Active Support
♠ Faucet - Play for Free!

BTCProvably FairBTC

Before, each game a serverseed is generated. This seed is then hashed using sha256 encryption. This hashed serverseed is sent to you (the client) before the game starts.
When the game ends, the game will generate a string using serverseed (unhashed) + the number of tickets (clientseed) sold:
endgame_string = 'c0c973b2198f3315ac0e' . '1200'
This string is then used as a seed using David Bau's seedrandom module. This module makes sure that given a seed the outcome of a Math.random() is always the same for THAT seed. See github.com/davidbau/seedrandom for more information. Using this method, we draw a winning raffle ticket that is provably fair.
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