I will agree that 10% commission is low for a dice site and even 20%, it's still a low fee.
Still, it would be good not to change this percentage again or often.
Any "uprising" change, makes people nervous and worried. Especially when this raise have to do with their invested money...
I will keep my investment on site and i hope that this way is the righr way for your site to grow.
Ofc site grows, funds growing also with it...
Btw, one question : Why you don't accept investments in other coins also? Imho it's also a good and not so used solution...
Making a multi-currency site adds a lot of complexity, I decided to stick to one coin. Bitcoin was a pretty obvious choice. Maybe in the future we will re-consider adding other currencies too. But from what I can see, even on multi-currency sites, the vast majority of wagered is still in BTC.
I was actually wondering how u can make a profit by charging "only" 10% of the profit, but giving away 20% of the house edge to refs. You have the 1 BTC wager contest too.
Good change, Ill keep my investment.
Good communication too
The answer is easy: me and Scott hold investments too, this gives us extra funds for paying referral bonuses and fund prizes. This does not leave any profit for ourselves, but it's OK for now. One of the businesses I started did not bring any profit for the first 3 years (this was too long actually, but I learned patience and determination does pay off eventually).
Cheers and thanks for your trust! I really appreciate it!
Ethan