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Coinflip updates (30th May 2023)
Coinflip updates (30th May 2023)

Information about what's changed with the recent updates to coinflip

smz avatar
Written by smz
Updated over a week ago

Today (30th of May) we've reduced the house-edge on coinflip to 0.5% - down from 3% previously. This means when you win a coinflip, we'll only take a 0.5% cut instead of 3%.

For example, if you flipped 50 coins and won, you'd get 99.5 coins back (0.5% cut). Before, you'd receive 97 coins instead (3% cut).

This means we've reduced the XP rate on coinflip too. You will now receive 10xp for every 1 coin bet on coinflip - down from 60xp for every 1 coin bet previously. This also means less commission will be received on coinflip bets placed on a referral code compared to before.

We've also raised the minimum bet to 1 coin - up from 0.5 coins previously.

These changes are temporary for now. We'll be monitoring how these changes go and whether our community like these changes or not. If we make any further changes, we'll be sure to announce this to everyone.

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