Adjusted Hive-Roller.com Commission Fee from 10% to 2%

in #gambling4 years ago (edited)
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Howdy folks. Hope all is well in your neck of the woods. A few patches back on Hive-Roller.com I'd rewritten the commission fee code after realizing the site was only charging 0.2% commission fees instead of the 10% I'd originally laid out in the plan for building the site. After running the adjusted code for a while it seems that 10% fee is higher than I would have liked and was effectively creating a 5% house edge against investors which is unacceptable in my opinion. The commission rate on investors profits / gamblers loses has been adjusted from 10% to 2% in order to make it more lucrative for investors.

A new system will be put in place eventually that takes commissions from the house edge on each bet, however when trying to code this quickly a few days ago but wasn't having much luck with it, and between the apartment flooding and everything else going on decided to just adjust the existing code down in order to make investing more lucrative. Referral payouts are also re-enabled as well.

Had a server crash a few days back that nuked 3 users accounts.. Seems when the site crashes and is writing to database file anyone currently being written to is left with blank data so once I get packed and moved after this flooding incident will have a whack at crash proofing / migrating to a new database handler as this isn't the first time user account data has been destroyed.

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When I click on the Hive-roller.com link it sends me to roller.com 😄

I plan on coming over and bothering everyone haha...

Ah fuck.. yeah fucked it up. Fixed now. Thanks for letting me know kwa

I came back this morning and had more money than when i went to bed, but it looks about even over the day.

Good to know. I think this 2% is a way better deal until I can implement something better.