🔥House Edge / Odds

There are high costs to operate games based on drawing lots, which can impact revenue for prize formation and pay-out. A 2019 article divulged giveaway systems, including the House Edge - funds to cover costs, typically 37% - 50%. While the percentage varies depending on local regulation, operator model, and game design, only unclaimed prizes positively impact potential winning sizes (Booker, 2019). If a giveaway game can reduce costs, there is more money for larger prizes and technological innovation, changes which are ultimately beneficial to players. Lucky Block will reduce draw times and allow multiple draws per day, giving players more chances to win while lowering costs. In addition, low-margin operations will allow players to partake in gaming products aligned with their risk appetite for better odds.