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

in #steemit • 6 years ago

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.

6 years ago in #steemit by
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     6 years ago  

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

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       6 years ago  


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

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         6 years ago  

        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.

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