RE: RE: GAMER Buyback System is LIVE
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RE: GAMER Buyback System is LIVE

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I'm sorry Kryptogames but these numbers show clearly that your method of calculation for dividends is not at the advantage of holders but at your advantage. If the dividends would have been based on the real profits, perhaps we wouldn't have received a dividend everyday but at the end we would have received 4X more as dividend.

And again I'm not agree with you that most of the amount has been generated before the dividend. The payments of the dividend started May 5th : See that post :https://steemit.com/gambling/@cryptoeater/kryptogamers-4731-steem-dividends-on-first-day-663-steem-claimed

And you can see yourself, 2 of the 3 withdrawals (100k STEEM) have been done well after that the payment of dividend has been put in place. And even on the first withdrawal of 60k STEEM, a part of it has been paid as dividend because past wagered amounts have been taken into account and have been paid as dividend in 1 shot May 5th, this is why on the printscreen the amount paid is so big, because it is the sum of all the days not paid before you put in place the payment May 5th.

So yeah I have 3 questions for you :

  • Why are you using this theoric house edge to calculate the dividends when you see yourself you are earning much more in reality?
  • Why your earnings are 4X more important than this theoric house edge? I'm ok you will talk again about long term but here we are talking about months as reference, not days.
  • You are doing burning to try to increase the value of that token which is very low. Don't you think than paying dividends based on the real profits of your casino would increase much more the value of the token than this burning?
@cryptopassion: I'm sorry Kryptogames | Ecency