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July 12, 2018 / 1:12 PM / Updated 6 minutes ago Factbox: UK wants EU immigration policy that supports business, tourists and students LONDON (Reuters) - British Prime Minister Theresa May published her blueprint for relations with the European Union after Brexit on Thursday, including how the country will manage immigration, a key issue during 2016’s referendum. UK Border control is seen in Terminal 2 at Heathrow Airport in London June 4, 2014. REUTERS/Neil Hall/File Photo Below are the main points on how Britain hopes to control the movement of people after the country leaves the European Union in March next year. - About 3.5 million EU citizens live in Britain and about 800,000 UK nationals live in communities across the EU, the government said, and both Britain and the EU had already agreed that people will continue to be able to move, live and work on the same basis as now up until the end of December 2020. - In future, the UK government and Parliament will determine domestic immigration rules, the government said in its White paper that details its proposals. Free movement of people will end as the UK leaves the EU, it said. - The UK said it wanted an immigration policy that supports businesses to provide services and to move talented people, and allows citizens to travel freely, without a visa, for tourism and temporary business activity. - It said it also wants to facilitate mobility for students and young people, enabling them to continue to benefit from universities and the cultural experiences the UK and the EU have to offer. - Immigration rules will be as streamlined as possible to ensure smooth passage for legitimate travel while strengthening the security of the UK’s borders, it said.

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Lightning-powered app lets you play roulette on the blockchain

The app lets you wager anywhere between 1,000 Satoshi (approximately 6¢) to 100,000 Satoshi (approximately $6) per round. All you need to play the game is load your balance using a wallet service with support for the Lightning Network – like Eclair, for instance. You can choose the multiplier you want to wage at. This means that if you wager 1,000 Satoshis with multiplier factor of five — you will win or lose 5,000 Satoshis depending upon the outcome. If you win, you can withdraw your rewards through Lightning Network as well. But to do this, your wallet service should be able to create invoices. The payments are processed through OpenNode, a Lightning-enabled Bitcoin payment processor for merchants. Gomes shared a video of the Roulette in action: Over a million satoshis were paid out within the first few hours, don’t miss out on the action and get spinning! The web roulette has been spun more than 7,000 times so far by nearly 300 users at the time of writing.  The data on the website shows that more than 4.2 million Satoshis ($248) have been wagered on the game. For those who do not know, Lightning Network is a payment network that acts as a second layer to Bitcoin’s blockchain to make the transactions cheaper and faster.

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The place bets are multi-roll bets that can stay in action for several rolls, while the field is a one-roll bet that needs to be replenished for each roll. On the average, it takes 3.6 rolls to decide a place bet on 5 or 9 and four rolls to decide a place bet on 4 or 10. If you wanted $1 on your bet for every roll, in 1,000 rolls, you’d need to bet $1,000 on the field, but only $250 on place bets on 4 or 10 and about $278 on place bets on 5 or 9. On a per roll basis, the house edge is 1.11 percent on placing 5 or 8 and 1.67 percent on placing 4 or 10, while the field stays at 2.78. Per $1,000 wagered, your average loss of $27.78 on the field looks lower than the $40 on placing 5 or 9 and the $66.67 on placing 4 or 10. But if you have $1 on the table on each bet for each of 1,000 rolls, the average loss of $27.78 on the field is higher than the $11.11 on placing 5 or 9 or the $16.67 on placing 4 or 10. The need to replenish one-roll bets makes them costlier vis-a-vis multi-roll bets than a comparison of house edges might lead you to believe. Q. Playing roulette, this guy kept making the five number bet. People kept telling him it was the worst bet at the table, and he said, “Not here. The wheel trends that way.” A.

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