Short description
Etheroll enables individuals to place bets and choose their own odds, on the result of a 100-sided dice roll, without sign-ups or user deposits, using Ether – the 2nd most popular cryptocurrency in the world. Etheroll is an Ethereum smart-contract and Dapp which provides a provably-fair dice game leveraging the distributed power of transparent smart-contracts to decentralize its codebase whilst exposing an intuitive web-based interface to players.
Abstract
Etheroll is a provably-fair Ethereum-based dice gaming Dapp which allows individuals to:Place bets in units of Ether The Etheroll dice game has the following characteristics: a. Transparent source code b. Players set their own odds c. No deposits d. No sign-ups e. Immediate payouts f. Competitively low 1% house edge g. Intuitive web-based user interfaceBet on the house by holding DICE tokens 100% of all profit Etheroll earns is allocated to token holders. Profit is distributed to token holders proportional to the number of tokens they hold. DICE token holders enjoy exposure to every bet made on the platform, with the advantage of the house edge always being in their favour. Due to the law of large numbers, token holders should always return a profit. The house edge is 1% which means there is a consistent 1% expected value (EV) for token holders.