Skip to main content
110% Deposit Bonus from mBit

YABTCL Initiates Variable House Edge Feature

Initiations displayed by YABTCL such as the newly introduced variable house edge feature sets a new standard all Bitcoin lottery sites should follow.

Initiations Displayed By YABTCLBitcoin lottery is a classic game among all bettors. It supplies players with a game that is comprised of simple mechanics and offers substantial amount of returns. Yet Another Bitcoin Lottery or YABTCL as it is commonly known is one of the many Bitcoin lottery sites extending the lucrative rewards of digital currency gaming.

YABTCL prides itself on having the most complete provably fair system in today’s lottery market, taking away all doubts of illegitimate and tampered draws. Just recently, in accordance to its second year of consistent operations, a new feature complementing its house edge was introduced.

Edging bettors closer

House edge refers to the mathematical advantage a Bitcoin casino has over all bettors. This variable will differ from one gambling provider to another. It is one of the key components and a deciding factor for most participants of online casinos because it determines their chances of winning.

The new implementation focuses its functions on an unprecedented variable house edge feature, which reduces the advantage of the Bitcoin games over the players as compared to a standard flat house edge, where all players are left with only one option. Surely, a versatile structure like this will draw in further bettors. Moreover, upon meeting a few conditions, a range of zero to one-percent house edge can be chosen for every game played. All players will start from a one-percent house edge, and the minimum house edge that a bettor can reach is 0.1 percent.

This is how the variable house edge system works for instant lottery:

If  all bets total more than 10 BTC, the house edge is lowered by 0.1%

If  all bets total more than 30 BTC, the house edge is lowered by 0.2%

If  all bets total more than 50 BTC, the house edge is lowered by 0.3%

If  all bets total more than 70 BTC, the house edge is lowered by 0.4%

If  all bets total more than 100 BTC, the house edge is lowered by 0.5%

Furthermore, winning is not the only way to reduce a bettor’s house edge. Accumulation of losses is a factor to lower the house edge, as well as placing in the top 100 of YABTCL’s score system. Clearly, YABTCL values every customer by offering a more-than-fair structure like this.

Trendsetters

This brand new attribute appends to the flexibility of the lottery game, allowing bettors to choose a number they find favorable. In addition, YABTCL continues to employ multi-level referral systems and Bitcoin’s blockchain system, which proves its limitless application possibilities for online gaming.

Online Bitcoin lotteries do not usually offer profitable measures for bettors, which is why features such as provable fairness and variable house edge improve the online gaming industry. Hopefully, new and existing Bitcoin online casinos follow these initiations displayed by YABTCL for a friendlier platform that caters to all online bettors.

1xBit Live Gaming Cup Play with Cryptos

LATEST CASINO NEWS & INTERVIEWS


News

Win 50 mBTC When You Win 10 Bets in a Row on EPL at FortuneJack

January 20, 2021

The English Premier League continues! At FortuneJack, you're guaranteed to get 50 mBTC when you win 10 consecutive bets on Premier League matches.

Don’t Miss These iGaming Events in February 2021

January 19, 2021

Amid the pandemic, the iGaming industry continues to push forward and treats the community to these iGaming events happening in February this year.

Kingbit Casino Troubled With Player Complaints

January 18, 2021

Bitcoin-accepting casinos are heaven-sent for the crypto world, but Kingbit Casino seems to have problems pleasing Bitcoin casino players.

Interviews

Interview with Eman Pulis, Founder of SiGMA

July 14, 2020

We had the opportunity to talk to Eman Pulis, founder of SiGMA, a highly-successful iGaming expo and conference home to 14000 attendees and 500 exhibitors.

Interview with Gregor Rozic, Sales Manager at GameART

July 7, 2020

We’ve had the opportunity to talk to GameART Sales Manager Gregor Rozic, who has 10 years of experience in online gaming on casino and poker content.

Interview with Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group

June 30, 2020

We had the opportunity to talk to Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group and member of Vie.gg Advisory board.

CHOOSE CASINOS NOW
Your Message
LEAVE A MESSAGE
RESET PASSWORD

Please enter your email address:

LOGIN TO BBC
No account yet? Register here
Forgot Password? Click here
JOIN US NOW
Already have an account? Login
Forgot Password? Click here