Most gambling is 48-49% win 51-52% lose.
RE: If I Was Still On Hive
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If I Was Still On Hive
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Each game you play at a casino has a statistical probability against you winning. Slot machine odds are some of the worst, ranging from a one-in-5,000 to one-in-about-34-million chance of winning the top prize when using the maximum coin play.
https://presearch.com/search?q=odds+of+winning+slot+machine
Indeed, yet not a scam.
what is your personally preferred definition of "scam" ?
Deceiving someone in order to defraud them.
so, basically overcharging someone for a product or service
Lololol! How insane! You think deceiving someone is pricing things "more than you think". Zero Logic, Zero Common Sense. I think you're here just to confirm your nonsensical biases.
https://www.investopedia.com/terms/c/caveatemptor.asp
Keep Twisting and forming your mind into a pretzel, to you deceiving is no different from stealing, just a meaningless word you can employ whenever it suits you. No critical thinking.
i'm asking you if you think that qualifies as "deceiving someone in order to defraud them"
if i take a can of beans for example
and put a brightly colored label on it and jack up the price
i have added no value to the can of beans
but i am able to extract more money from the purchaser through deception
If you want to sell your tokens for crazy prices, you're defrauding the market?!
How is pricing things as one wishes, deceiving anyone? Caveat emptor.