1goldgame.com

[k3lly]

Guys,

Has anyone any experience of the above site? They offer a simple heads or tales bet, so theoretically you will win as many games as you lose, but the payout is 210% meaning that if this is a genuine game you will make a profit of 10% (assuming you play enough games) no matter what.

I very much buy into the concept of "if something seems too good to be true, then it probably is" - but would be very interested to hear anyone else's thoughts or experinces.

Thanks
Kelly

http://www.1gold-game.com/liberty_headtail/index.php

 

[shadowninja]

That's ****ing brilliant. It's the simplest way to getting people to gamble. Flipping a coin. BTW How do you know it's 50:50?

 

[k3lly]

BTW How do you know it's 50:50?

That's my point, i don't know if it is 50:50 - if it is a genuine game then by the very nature of tossing a coin it must be 50:50. When I last looked at the site the they claimed the ratio was 48% heads 52% tails - therefore assuming a 210% payout you would still be up no matter which way you went!

My post was an attempt to find out some other people's experiences, as to me it seems like a pure scam - how can anyone offer over a 200% pay out on something which is suppsoed to be 50:50?

Kel

 

[shadowninja]

I guess they are basing things on how long the average person can last and their psychology. Who is going to keep betting 50c to make money?