E-gold Games Unprofitable

February 14, 2007 - 2:02am | Author: yerda | Articles

Have fun but lose some money on that favorite heads and tails or casino game? Well, you are guaranteed to lose money, unless you are one of the lucky few! Now, taking chances to be one of the lucky few is just like playing the lottery. Should you really take your e-gold playing the lottery?

Lets take a simple look into a heads and tails game. Some gimicks offer a 200%, 250%, 333%, and even 500% for winning just ONE game. Now, remember, every script is for sale, and can be sold to anyone. With this in mind, lets say you start a business. As you are the webmaster, you are allowed to set the ratio of winning:losing ratio. Since you are the webmaster, you would want more money, being the "house".

If you made the winning:losing ratio just 1:1, so that your chances of winning would be 1:2, you might have a chance of earning profit, but you also have a chance of losing money. The "house" will never stand to lose money, so of course they rig the winning:losing ratio, and when is said and done, you lose money. The investor, WILL lose money in these types of games. No matter what the actual % rate is, unless you somehow trace the actual percentage is, NEVER trust one of these sites.