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RE: Magic Dice v1.1 - More features - Promote Magic Dice and win 100 STEEM!

in #steemit5 years ago

on your website you mention that house has 2% edge , can you post some numbers/daily reports to show that indeed house is keeping 2% of the wagered money ( if that's what 2% edge means)?

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You can easily verify the house edge on the payout/multiplier for every bet.
E.g: You bet under 51, win chance is 50% and multiplier is 1.96x (2x - 2%). So the payout for a 1 STEEM bet is 1.960 including house edge.

aight..if you gonna math it up like that..sure..

Hi @magicdice, Can you explain how the referral work on houseEdge?
Appreciate if you can provide real uses case for better understanding.

For every referral you will receive 10% (0.2% of bet amount) of the house edge on all their bets.
If someone wagers 1000 STEEM, you will receive 2 STEEM.
Referral rewards are sent daily directly to your account.