110% win means that you exactly make 2.1x on your bet amount, that IS NOT 90% house edge...
Also max bet is now set to 100 mBTC (0.1 BTC) according to our max bankroll. Max bet is always far away under the bankroll so to avoid extreme bankruptcy.
I know this is a big % of win profit and maybe it could be disadvantage for the house, but this should be an incentive for users to play with. I'm not here to scam anyone (I won't ruin my reputation) and I'm ready to pay every win. If the game will make my bankroll vanish I will accept it as this is a bet also for me.
Hope you have fun and keep posting your feedback (contructive ones preferred please.)
If players win and get 110%, you wrote wrong. It's return 210%.
2.1x for chance 50/50 not really!
Example:
Because if total bets 1000.
Wins 500 and lose 500 bets.
Wins bets 500x2.1=1050..
Your profit total bets - wins=1000-1050=-50
Do you really lost money? Or chance to win not 50/50.
Having a 50% win chance doesn't mean that on 100 bets you win 50 times for sure.
Please read more about indipendent probability math.
Let HnHn be the indexed event of getting a head on the nthnth flip.
Given an unbiased coin, P(H1)=P(H2)=12P(H1)=P(H2)=12
These events are independent so P(H1∩H2)=P(H1)×P(H2)P(H1∩H2)=P(H1)×P(H2). The outcome of one coin toss does not influence then outcome of the other.
You can learn more about statistics probability calculation here https://www.fourmilab.ch/rpkp/experiments/statistics.html or in any math book.