Author

Topic: Would the Roulette game @ Millibetting.com be better if Admin Did This? (Read 331 times)

member
Activity: 83
Merit: 10
Well voting has ended and not much useful information was gained from it... I hope the question was asked well enough.
member
Activity: 83
Merit: 10
I have Invented a New way to Play Bitcoin Roulette

Think about every time you go to the casino and you bet on black. You win but only double your money! You just watched the dealer fill that little hole in the table with 100s of chips worth of losing bets from other players... And your telling me the casino is only taking 5%(They play American Roulette here in Canada)

I have the solution

I call it Pool Roulette I designed it with 12 numbers, Blacks Reds and Odds and Evens and it has No-Zero spot. The house takes 5% every betting round and never anything more... Players can make more and the house can make a fixed income!

You can see it @ http://Millibetting.com

Right now the amount in the Pool(the total bets on the table plus added prizes) is shown.
But not where the bets are placed making the payout odds wildly variable because the winners split their share of 95% of all the bets on the table

If I display the bet amounts on the table and allow gamblers to bet against each other the payout per mBTC bet will level out and get closer to the golden payout ratio (which is the exact odds to win minus the house edge).

So wildly variable payouts which can be from 3 times your Bitcoin on a 12 in 1 all the way to 22 times your Bitcoin on a 12 in 1
Or
Payouts that level out with more participants in the pool.

 Huh
Jump to: