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RE: Charity - Helping Degenerate Gamblers Calculated the Probability
Most of the 10 million bets are for less than a millionth of a Steem each. But there are a couple dozen that are for 100+ steem each.
Amd yes, you are right, the max bet is way too high given the amount of activity and the amount invested. However the site is still being worked on too much to attrac bigger gamblers and investors.
The unique thing is the house is open for investment which means anyone can be an investor and choose their leverage, they allow bets down to 8 decimal and up to whatever the leverage allows (100x can risk it all at once)...and the developer/owner is a known witness.
Very interesting concept, but can get out of control
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