As mentioned in our dividend distribution post, all the dividends are distributed based on the house edge of each game which you already understand. And if you calculate our winning history in the last 1-1.5 months, you will see that 95% of the days were a loss for us but still we were paying out dividends and that few days were much more profitable and dividends were paid out during those days too. But, when a casino makes a loss day and dividend is paid, it is fine for you while if we make a profit, you feel disappointing. Do you think this is fair? If we dont make any profits, how would we run our platform?
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mmmm I don't understand how you can give these numbers.
a good day for a dividend gives around 100 STEEM as total dividend for all the holders of the token. I have around 1-2% of all the tokens and I received around 1 or 2 Steem as didivend per day...
Are ou saying me that your casino don't earn more than 142 STEEM (142*70%=100 STEEM) 95% of the days? if you state that, I can say you it is totally false.
Tell me how you can withdraw 60k STEEM of pure profit in less than 2 months if 95% of the days you are in lost? I never see that you have injected back some STEEM in your casino because you were losing but I saw several times withdrawal of STEEM and the last one was around 60k, I remember others around 40k and so on.
if someone is good enough here with blockchain, is it possible to have the list of all the withdrawals done by "Kryptogames" and the possible deposits done by "Kryptogames" even I never saw any of those. It would show clearly your profits and show that you way of calculating your profits is wrong.
As explained in my previous post, only with your last withdrawal, it demonstrated that you are earning much much more than what is distributing to holders (26000 Steem distributed to token holders since the game started).
I'm not here to say you are earning too much (it is the goal of a casino) or that your games are not fair (even I lost thousand of STEEM in your games), I'm here to say that most of the profits are in your pocket and not distributed to the holders of the token like you are trying to show.
The fact is all our transactions are on Steem Blockchain. So I request you to please check each day's inflow and outflow so that you get to know the profit/loss of each day. Dividend distribution happens after factoring in the costs in the 70% distribution (https://steemit.com/steemit/@kryptogames/launching-the-highest-paying-dividend-system-equipped-with-the-first-ever-token-buyback-program-to-distribute-even-greater). If you can show me one day where we have distributed wrong dividends or anything wrong, we will accept your claims but without any calculation, please don't falsely accuse us of anything. It is simply the fact that the profits earned (60k Steem) can be much higher/lower than the house edge on any given day. So if you compare actual profits and dividend distribution as per house edge, you are comparing apples and oranges because dividend distribution is happening based on house edge which is a measure of house profits in the longer run and NOT on any given day or month. Please try to understand that we have always done the dividend distribution as we stated in our post. We have never lied to anyone about anything or given false claims or done anything unfair to anyone. If you still think the numbers are not right, you are most welcome to verify it and report it to us and the community.
Did I accuse you to lie? I'm saying that you are using the house edge calculation to distribute the dividends while your profits are much more bigger than this house hedge, it is all... no lie or false accusation here.
Where did you see I said you that you distributed wrong dividends for any days??? I'm saying that you are using a calculation for the distribution of the dividends which is not corresponding to your real profits, I say HERE REAL PROFITS (NO HOUSE EDGE), since you started that game. Am I wrong?
So yeah that topic is closed for me but please specify to all your communications it is 70% based on house edge and not this kind of sentence : "profit distribution (70% profits distributed)" that you are still using at the top of this post. Because for me, the profits are the money that you are able to whidraw each month and not that theoric house edge which will be perhaps verified one day or never...
If that's what you are trying to convery to us, then we can understand your point. 70% profits distributed is now changed to 70% based on house edge. You could have just told this earlier and made it easier for us as well as everyone. Thanks anyways.