Coin Flip

Game Description

CoinFlip is a classic, straightforward game where players choose between heads or tails. In Mega Casino’s CoinFlip, a 1% house edge is applied to the game, meaning that, on average, players receive 99% of their wager back over time (i.e., an RTP of 99%). As a result, the effective win probability for players is reduced from the fair 50% to 49%.

Win Probability Calculations

In a fair coin flip, the probability of winning is 50%. With a 1% house edge, the player's win probability is adjusted as follows:

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$$P_{\text{win}} = 0.50 - 0.01 = 0.49 \quad (49\%)$$

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This formula shows that after deducting the house edge, the chance for a player to win is 49%.

Available Examples

• Example 1:

  A player bets $100 on CoinFlip. The expected return is calculated as:

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$$\text{Expected Return} = \$100 \times 0.99 = \$99$$

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• Example 2:

  A player bets $50 on CoinFlip. The expected return is:

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$$\text{Expected Return} = \$50 \times 0.99 = \$49.50$$

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House Edge Integration

The 1% house edge is incorporated directly into the win probability. This means that while a fair coin would give a 50% chance to win, our game reduces that probability to 49%. Consequently, the Return to Player (RTP) is 99%, which implies that for every $1 wagered, players can expect to receive $0.99 on average over the long term.