thanks!
Sure Clint, that is on our list, will contact you once we are done with it
Btw you have a nice site, good luck!
Hello pawel, on the bottom of the betting box, you can see the Variable H. E. information with (?) button in it. Basically you are right, Variable H.E. means that the House Edge can varies on each roll, it does increase proportionally to the potential profit. But it doesn't stretch from minimum to maximum profit. It depends on the potential profit compared to the bankroll size:
- If your profit on win is equal or below 0.25% of Bankroll, then you'll use 0.5% H.E.
- If your profit on win is equal or below 0.5% of Bankroll, then you'll use 1% H.E.
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- If your profit on win is 1% of Bankroll, then you'll use 2% H.E.
- and so on (it is 2 x potential profit / bankroll)
We see that people might not noticing those button and also need more example, we'll include more detail on the FAQ or even creating a special page on it. Thank you for the feedback.
Thanks for clarifying. Didn't notice the "(?)" button, putting more info in FAQ is a good idea, as most people will go there to look for the answers.
That seems like a good system at first, but aren't you concerned that it might discourage players from placing big bets, since they're rewarded with lower HE when betting small?
How is it better than a flat rate of HE, say 0.75%?
Good question! And of course it is better, lets take an example:
Flat rate H.E.
You play with 0.75% H.E. and max win of 0.375% of Bankroll (1/2 kelly), for every bet with potential profit less than 0.375% BR, you use flat 0.75% H.E. Higher than that, you are not allowed to bet.
Variable H.E.
When you play with potential profit 0.375% of the bankroll, you still use 0.75% H.E. Lower than that the site will use lower H.E. instead of flat 0.75%. Higher than that, the site still allows you to bet with higher H.E. (remember that in flat rate, you are not allowed to do so).