Bitcoin Forum

I am not a gambler but wanted to give it a try for some fun experiment and some time I had left with, whatever I gambled with 25$ (with the sake of checking how long I can prolong my loss). The rest of the story continues.

So this is my case from FreeBitCo.in but sure would be the case with any Gambling website. Modified the more famous martingale script available all over the internet so that it extends the game play with some added tricks and tweaks to the script so that it takes its own time to run, with little profits along the way.

The saying of being provably fair is also not a valid point. It is written inside the system that it has to make sure the user loses if he/she is dumb enough to play for a long period of time.

What you have in hand to say that the system is fair?

1) Client- Seed

What the house has to say that we can screw you anytime?

1) Your Constant incoming Client seed,
2) Server Seed,
3) Server Seed Hash,

Not enough?

4) Bitcoin Address,
5) Email address,

Still not enough?

6) IP Address.

and there may be several more to detect that its coming from you and follow behind you to screw you.

Game Play.

Deposited BTC0.02800000 (around 17.5$ which was what got left after the high transfer fees of VirWox(Card/SLL/BTC conversion)) to the account. Ran my script for several hours with no issues at all (saw several timeouts in between  ::) ) and started accumulating satoshis. The max balance I had before being defeated is nearly 0.04700000 where in I spent a good 12 hours of play.

A Calculation, showing step play starting with 1 satoshi.
http://imgur.com/Bpl0R2V

My Logic for Play.
Script is simple which works on Payouts ranging 30-35, running the values over and over again for small periods and then increment step by step till loses of 137 steps. Once it reaches step 138 it multiplies 1.035 by itself and plays the next round. At each step there is a win for sure until you are screwed by the System showing "Insufficient Balance to play".

Their Logic To Screw
They work with averages. Average the payout values to keep the game going for sometime. Then suddenly give the game less than required averages (for e.g. give contiguous wins within 5 to 10 steps on several occasions so that a single game can be extended beyond an average which decides to screw you out of shape.). On the way of the game they keep a calculation of how much balance you have, with the number of wagers you made and with the value of bet you are playing and how long you can go. If they feel they are near to 70% of the averaged game and the balance has not dropped sufficiently they say they give up and give you a win (but not always).

Took screenshots of big losing streaks (but a win) along the way (though was not able to take screenshot of the final losing streak of 254 consecutive loses with start of 19 satoshis. BTW went till 310 continuous loses with start of 1 satoshi but eventually won.)

http://imgur.com/x5q6gii

http://imgur.com/AZweLc2

http://imgur.com/mTW8PSn

How does dice scripts survive.
1) My best assumption is by the bets that users put by collecting all the satoshis earned from external faucets just to blow it away on gambling websites. So Dice websites work as if they are the aggregator of all the faucets (The House always wins). But this will only work till the google adsense pay is good and bitcoin price doesn't skyrocket.

2) People like me experimenting with no actual worth of experiment.

3) People who have lots of stash to blow.

Conclusion:
You can never beat the system. If it decides to screw you, you are screwed.
What ever you do you are gonna give it all to the house back (along with the winnings) in the long run from any of the Dice websites. 

It's a probability game. Every Gambling site using provably fair will ever make a profit with even a small house edge.

In individual cases, some user may profit from the site but as a whole the wining percentage is 49% and loosing is 51%. That 2% margin in long run will make the house rich.(1% in some sites).

Yes True.. If you have lots of Bitcoins, deposit, play, make some BTC's and be sensible enough to back out and withdraw. But the ones who play with smaller amounts are always the loser.

Guess what Dice Websites such as Freebitco.in has a massive user base of which 80% will be small timers who are here to lose. 2% will be Big Sharks who are there to make money from the rest of userbase. Rest 18% are the gamblers who decide on the 49%-51% of the house. (The numbers are theoretical assumptions.)

Eventually 2% constant income for the House.. The House always wins. :) :)

tbh Im a gambler and I know that house always win and you cant win in the long run. I really understand it and that is the risk im taking. If that thing didnt put in their mind before playing, a newbie gambler or a gambler who loss much will say sites are scam which is definitely not. It just happen to them because of "in gambling house always win & you cant win in the long run". Gamblers should know that before playing.

yeah that's right, the owner of the house always wins. proven many gambling sites that have sprung up because it profitable for homeowners.
and the average they can last a long time, because the owner of the house always wins.

The house will always win overall. If you check a popular casinos bank roll every 12 months it's likely they'll never be at a loss at the end of a calander year.

Lucky people can win though but yes, overall the house will never lose in the long run.

It is true from your explanation that you will never defeat the house, the house will always win. I have gambled for quite some time and I know that the longer you stay in the house, the more you expose yourself to loses. Gambling is a game of probability and it actually depends on your luck to win. If you are lucky enough to win some, then you better take your winnings and walk away to come back another day. If you become greedy and want to win more by staying long hours, the odds will turn against you and you will lose everything that you had accumulated plus your investment.

How could you survive losing 256 times ? If you martingale that it would be like 999999btc unless u made 1 satoshi bets x256 in which case that's bull how can you lose so many times. If that's true then I'll say they cheating. I agree with almost everything you say! I dont trust these places either.

That reminds me of a quote I heard a while back that went something like...

"The lottery is a tax on people who are bad at math."

I think the same could be said about dice/gambling sites, although not everyone who gambles is there only to make money (some gamble for fun and consider the losses an entertainment expense).

The thing I keep in mind when playing a game where the house has an edge (even 1-2%), is this:  You will ALWAYS lose in the long run, always.  If you are lucky and win in the short-term, take the money and run.  The longer you keep playing, the better the chances of giving it all back (and then some).

So play and have fun and remember: It's not how many chips you win or lose, it's how many chips you walk away with and how much fun you had doing it.

That's clever and so true, it is like funneling your money into a coal chamber. Such a waste you can throw everything at it and never win your odds are so small even id you add everthing you eve made in your entire life time not even that amount will give you a decent chance. I don't know why some gamblers would consider gambling entertainment I think they fooling themselves and just use "entertainment expense" as an excuse to justify their losses to themselves. Really they just want to win like there rest of us.

Yes, this is correct. But not fully accurate, House will make money from us that is I agree. But they will not always win sometimes we also win. There are a lot of people won big amount here, so this is lost on house right. So here our greed will decide that we win, or house will win.

how much precetange win and lost your metode gamble
and how much profit in precentage is capital money

Haha, yeah It's like burning your money except the money is not destroyed, the house keeps it.  Oh, and it's a lot more fun to lose money gambling than it is to toss it into a fire (or so I assume).   :)
But you don't need a lot of money to have a "decent chance", that's part of why people (myself included) gamble... it's the allure of winning big with a small bet.  Will you win big with a small bet?  Probably not, but it's certainly possible, it's happened before and will happen again.  People do hit it big on the gambling sites.

So here's one more thing to remember... the house wins over the LONG TERM, the odds always average out in the house's favor.  So if you play for the short term it is possible to win big but if you keep playing, odds (and math) say that you will end up with less than you started.

As for the "entertainment expense", I agree with you and disagree at the same time.  Sure, lots of people use excuses to justify gambling losses, but if you're using excuses when losing, step back and stop for a while... there's likely a bigger issue.
For the casual weekend gambler, the cost/loss is just another "night out".  We'd spend the same amount of money going to dinner and a movie as going out gambling.  Sometimes we'll pick a movie, sometimes gambling.  Sure, we want to win but the main purpose here is getting out and doing something when you're bored.  So yeah, some people use excuses but some actually do gamble just because it's fun and different.

Futurebit640... yes, I agree, the house doesn't always win.  When people win big, it is the house that loses.  And yes, greed plays a factor here because most people who win big turn around and gamble MORE and lose their winnings... so even when the house loses, they still win because most people will keep playing and lose what they won.  It is very difficult to cash out and walk away with a big win, those who can do that are winners in more way than one.

You made 0.046 before you lost. If you had just done a 50/50 you would have had a better chance and you would have won 0.056. Because you lost you may as well had done a 50/50 then at least you have half a chance and you save 12 hours .....

House will only win if you've lose all your money and you've nothing to bet. As long as you have money to make your negative profit to get back to zero, house will never win. After you've won big, stop from playing, that's the key .

Thats right , good for your experiment , this is fact for a gambling , if you have a some tricks and the beginning your bet always win and trust your tricks, you're big wrongs. the long your turns bet maybe you will felling strange, little by little you lose and lose , then what happens?? you will lose have a lot your money in your wallet , this is a fact for gambling to run long bet.

this is how gambling works it is a game of risk, you take a risk and sometimes it works out and sometimes it doesn't. and when there is a house edge you have to know that so you change your strategy accordingly.

but what i don't get here is that why did you deposit on FreeBitCo.in it is a faucet! if you want to deposit in dice sites do it on a legit dice site that also has a better autobet experience and also a good provably fair system.

The house always wins only if the player is playing regularly and long time, then surely at the end they will be in loss because the gambling system of the site just caches your strategy of playing and reverse it on long time at that point of time your bet makes you lose and in connection to that you make more same bet and system just reverse everything and at the last you lose everything.

But their are some players who are playing for some time and when they make some profit they just withdraw and then go for another site. they dont play long time.

AFAIK dice games never be on 50/50 because there is still.house edge which mean you will not have 50% chance on 2x odds, moreover OP play on that freebitco.in, what I do know that their site have higher odds so that means you eill have higher chance to lose rather than winning there

A casino can be fair at 50/50 and still make profit. In Bitcoin this is possible because they can process a lot of transactions and get fees from every transaction, so even if it's 50/50, they will still remain profitable but they will require a decent amount of transaction volume to get on the green profits, because they will need a lot of people on their service to get a big amount from the fees.

Dude what do you mean with this topic?

The fees won't go to the site, they will go to the miners, that usually aren't the same as the site owners

All casinos have designed to make profit in long run. So that I think there is no chance to those people who play continuously while thinking they will keep them on winning streak. The house is always win in long term for sure.

All of a sudden i remember this movie. 21? 2008 starring Jim Sturgess. They know how to count cards and they are getting the most of what they can breaking casinos. Now in the storyline, some even break the casino and took 7digits of cash from them. But... I think that's just it, and the casino is still open even then.

It was planned before it was established so no wonder if you have lost your BTC just try to quit gambling when you think it was time, I compelled myself to gamble everytime however I always contradict myself in some ways that I don't know how to play it safe, having said that I learned now so much have been learned. Oneself need to understand the rules and play it best.

obviously yes basically the owners build new casinos because they want took money from the players and that's why the players won't be win against the house except those players are cheating or were lucky

That's reality, the house always wins because they are into business therefore they should set the rules in favor to them, that is usually the norms for machine operated games like online dice, roulette, and related games. There is nothing we can do about it so we must play safe and do not last in this type of games as you will lose in the long run.

I also pretty sure about this and nobody can ignore this the house is very smart than gamblers, any player who don't have very good amount in reserve will lose in long run, if we have very good luck than we can get some profit from any casino otherwise will get busted if we play daily on any game.

The house always wins only if the player is playing regularly and long time, then surely at the end they will be in loss because the gambling system of the site just caches your strategy of playing and reverse it on long time at that point of time.

Yes, with their built in edge on the games, the House will always win in the long run. It doesn't matter to the House if an individual punter wins big or even a number of individuals win big, because overall when counted together with all gamblers playing on their site, the numbers still converge to the House making profit vs. the general player pool.

Knowing this, I avoid playing against the House and instead play games where I can gamble against other players, ie, poker, where I have the opportunity to increase my edge against others players. The House still wins in poker with rake, but at least I can overcome and beat the rake in various ways, the main way being of course, playing against lesser skilled opponents and knowing how to stay out of the way of trickier/more skilled opponents.

if the house already paid you a while ago, you can be sure that there are big chances that you won't get any wins in a while

Hello
It depends on your luck if you may make a profit or not. However if you keep betting the House WILL always win and you will lose. Its more economic to withdraw your balance when you are making a small profit and stop betting.
Good luck!!

I dont really understand what are you talking about? Are you referring to the transaction fee? That fee does not belong to the casino and it belongs to the network. And i have not seen a gambling site taking fees for everytime you play. I dont think that is a good idea too UNLESS the house edge is on our side. (Maybe this can be a great idea to explore)

First if you play dice on 2X its not 50/50, its more like 49.5% chance for you.
Now look that this way, you have bankroll 1000$ and play 1$ each bet, you will hit 495 times 2X and lose 505 times. Your bankroll is now 990$. Now bet 1$ again, and you will win 490.05 times and lose 499.95 times, and that will leave you with 980.1$. Do you see patern here? It doesn't have anything to do with house, its pure math.

The games are set up for the house to always make a cut, so you are correct that as long as people keep gambling, the house will win. But there are also some gamblers that will win as well, it's just not possible to win all the time unless it is a game that takes skill like poker.

The house is the main interested into gambling, that will bring them profit, if people dont play on that house, wont be any win for the house. But all opened casinos has always a new gambler trying luck, but in the end some people will profit and the house will always profit.

Yes they do, in the Long Run.

Meaning, if you don't stop even when you've already won, and let Greed lead you, you really will lose in the end.
There are chances for people to win, If you know how to control yourself, The House can still lose.
I know some people, people who can be called high-rollers, they usually bet around 100 - 200 mbtc at 2x payout, and
what they do is that when they've won/earned around 1 btc, more or less (depending on how they feel), they'll just STOP.
They'll change their bet to 1,000 satoshi at minimum payout, they'll continue playing at that rate for 15 - 30 mins, until they have calmed down, regulate the way they feel or if they feel that they can now continue playing calmly/reasonably.

That is how they make money. That is how they can win over the house. It's all about Control, with a bit of luck and of course your bankroll.

Specially those casino who offered a good promotion . Because with a good promotion people will keep coming back to play on their games even if they are losing or winning. You can only win in a casino if you know when to stop. Most of players lose because they are greedy and they always chase their losses.

but let's think about in this way,
if you run away when you reach 0.047,
you can have a 0.019 profit,
so there is a chance to be profitable,
if you know when to stop...

above is just my opinion.. ::)

Gambling has depended purely on luck, and luck will not come every time and every day so gamblers can't win whenever they gamble. They can win only when they are lucky and rest of the time house will win. Don't gamble for longer period of time and just gamble once in a while to enjoy the games.

And this is exactly the reason I gradually move away from playing standard Dice, Slots or Roulette in favor of sports betting and Poker (despite me being totally awful at it so far).
I feel like with this types of gambling house has zero possibilities to fool me. I lose because I made a mistake or had no luck, not because it is designed for me to lose.

This is not becauaw of math though, you can calculate it that way because there is house edge which can lead you to losing for sure. But I want to ask something how can you so sure that you will hit on 495 rather than win on 505? How can you even calculate that?

this is one of the most obvious things in gambling, the house has the edge and that is always true. otherwise they will start losing money and in case of losing they would have to close down their site and stop their business. and you know every business is only open to make the owner profit. also i don't get why people insist on playing at FreeBitCo.in just use a normal dice site like PD

i wonder how op survive with 256 reds

It is simple 1% house edge which are using most of the dice sites at the moment. I also have no doubt about this the house always win but if someone has big bankroll to play than he can make profit by using some tricks to change the base bet amount there. as op get started with small amount and I think it is like to make donation to the house.

Yeah, they always win because no matter what happens, from the start that you bet, you already loose 1%, which is the house edge.

You can beat the system. A simple example is to make 1 bet, win and stop there. Since casinos have the house edge you can assume that statistically you will always end up losing since you always play against the odds. The trick is to know where to stop or when you do bust have as little balance as possible.

Even though you do that all will not affect in dice game always make you lost in the end of bets, so don't make your brain working hard to think how to beat dice game site.

Well OP thanks for the long explanation although anyone of us knew this already. But this is funny as it reminds me of a funny story. The university of Canada (don't remember which one) did a test to check if males watched porn. They took 7000 persons to take this tests and it turned out they all did watch porn. My comment to them was, do we really need a test to know if all males watch porn ? Same with dice sites :)

This kind of argument that the house always win has been proven.  Lots of dice player here can testify to that.  The house will let you win for sometime and then will give you consecutive  defeat until you runs out of  money.  Even with a huge amount of bankroll, if house edge kicks in, you may lost all of it.

Haha, I think the OP just wants to prove that the house is indeed more advantaged than gamblers, so the OP would willingly do so. This is very good, as to remind us to do good by way of gambling and the use of gambling without greed, because doing so will get your addiction and addiction is the beginning of destruction

Classic gambler's fallacy... If you are playing on a provably fair site then what you are saying is simply wrong... The house will not "let you win" and it won't "give you consecutive" losses. It all comes down to probabilities and luck. You will win because you are lucky and you will lose because you are unlucky and the longer you play the greater probability is to encounter bigger streaks (both winning and losing streaks). Also remember you are always playing against the odds due to the house edge.

Yup, the Dice game itself, made like that. When we start to play it will always favour to us. Once we started hitting win back to back. Naturally, our betting amount will increase so in that time, and our bad luck we will start losing our bet within few rolls our wallet will become empty. So OP only is telling the house always wins.

Probably yes because they know your IP Address that is why you dont need to play everyday in gambling site that is my technique. Just play 2 days a week so that the house will not notice your IP Address and just bet as low as it is to avoid the detection of the house because they are not interested in small bet. Take this as an advatage of yours.

If you said about IP address there is vpn that always help you to change IP address so there is no worry though but actually gambling is depends on your luck not from your IP address. And how come they doesnt know it? Because every single thing that happened on their site they will know it or later they cant fix things

250 loses in a streak... provably fair game.... lol.
i always knew it wasnt provably fair, i dont know how they do it but they definitely do it.

I noticed this also on BitZino playing craps. Whenever I play a lot over 5 or 6 consecutive days, I notice I will start having a downswing. It's very predictable. When I play intermittently and from different IP addresses with my mobile, I don't get the downswings at all.

And yes, the House always wins in when it comes to dice and casino games. Anyone who doesn't believe that, doesn't understand simple math. If you want to profit long term from gambling, learn poker or sports betting.

True, what you said is correct. All these probably games are designed to have just fun by guessing what happens next and enjoy the outcome. In this game tough to guess the result and it fully depends only on luck. In this game you may win some continues bets and also continuous losses need to face but no one knows when it will come in. But most of us think that wins will come in at the begging and losses will come in when we bet bigger amounts but that is not correct.

short run = user
long run = house

edge even with 0.5% edge, its crucial

The odds are slightly in the favor of the house so yes they will get there share. Some people will get lucky and win but that means that there is someone else that lost money. It's just the odds of gambling.

Well this is business.no one ever in business that they likely to loose. thats why the house is always the advantage to win.So maybe if your are lucky you can win some.but i doubt on in.even they have provably fair in there website.They know how to control over it.so that why they will never loose on the player.

this is one of the most paranoid post i have ever seen in the gambling section.


freebitco.in is a faucet and you should only use it as a faucet not a dice gambling site, just use a proper site which is proven to be fair (although i think freebitco is also fair but never checked it myself)


if you don't understand how the provably fair system works that is on but it doesn't mean it is cheating you. just because you "think" it is possible.
besides the rolls are not connected to each other so there is nothing saying you should win if you lose say 20 times in a row. so even if you lose 20 times you may lose 21 and so on if you are not lucky.


bottom line is that if you can't handle loss, then don't gamble. gambling is a game of luck so sometimes you are lucky and sometimes you are not and end up losing.

and if you are not convinced go look at the code and start your own dice script offline on your computer and then let it run for hours and see how the results are. then you will be convinced.

I'm not a gambler but I might agree to you that "The house always win" but not that "always" you know. Because if the house always win, do you think there would be any gamblers would gamble? I don't think so, they don't always win for them to earn more. The gambler would play more because he thinks that he's good in what he's playing but technically this is the house doing for them to make the player more addicted to gambling so that they will have always customers.

the house is running a business so they have to always win if they sometimes lose and sometimes win the wouldn't be able to pay for their hosting after a while.


yes there will still be people who are addicted to gambling and come back.
and also there will be so many people who don't play gambling to win, but instead they play to have fun.


i gotta say OP is not particularly talking about house winning but instead talking about the house winning by cheating which is not right in my opinion.

Yes it is true, the house will always win, you maybe win one day but for sure if you keep playing you will lose one day, the system they make will never make you rich, and most of the time you are going to lose, no matter how good your calculation and your strategy is, so just gamble for fun so you wont be stress out thinking of the profit and all the strategy you can use to try to win from the house

Indeed the house is really smart and know how get trap the people while they on winning streak and how get back from them, players can win in a day but the house will win in long run, gambling is not a way to get rich in a day because most of the people just concentrating to take it serious way of income for them which really bad move from point of view.

We all know that casinos and dice or any other projects is made to win, not to give a loss to  the admins, soo the house will always win, if not on those situation, loosing its  just a question of time till close doors and run away.

Almost all the time house win its because they make it sure that they can sustain their business for a long time and site owners doesn't want to lose some money if their gamblers will win big on their betting times, but actually theres some scenerios and little posibilitied that gamblers win if luck hits to their bones but it cannot really affect the house since they will just collect the payments for the other loser gambler.

House is always a winner in the end of the day, there are a lot of gamblers out there that enters their house and the house is really lucky because they always earn money in the end, imagine if the house has always 1000 gamblers then they bet big amount but lose then only one person win then in the end house always wins.

Haha, it is indeed plausible reasons. But I have never seen any gambling house owner taking money from gambling. So I assumed that the advantage obtained by the owner of gambling would not have the effect that's good enough for them. because they did not take advantage and still let the money taken by the extraordinary gamblers

because logically say that the house owner did not create charity but gambling house so for sure they will win in any how
as many gamblers always hoping that they can win good profits from the house not knowing that in the long run they are
losing because of the house edge and luck will not favor them anymore,.

What you said it correct. No gambling house want to distribute their money to players instead they invested money on site and marketing them to make money from it and in most of the gambling game only luck can bring money to players so house always got a better chance of winning at the end in gambling.

So true but the house has the edge in their favor to win more than the players. They have made the games that way to be in there advantage all the time. Only the ratio of a player winning is 30% because of the number of chances the house has to flip cards, land on a house number or have multiple number of chances to win than the player does.

Gambling games are created to ensure that the house will win in the long run. Nobody will create games where the house has no advantage. The house has lots of money while individual players has an limited sum of money. There is an extremely high probability that an individual player will bust his capital before the house loses all their money.

House can suffer loses. It not like they are winning all the time, everyday.
I heard that Stunna said that there are some days when players win high and PrimeDice is behind like couple dozens of BTC.

You can observe the same when you invest in casinos bankroll, if some whale will have lucky day, you will lose your money.

In general and with time the house always wins however you need to understand that for dice the house edge is very very little. The main reason why the house usually wins is because of emotions and because people martingale their losses.

Well this is  reality on gambling sites since its a business and  no owner would established or create  a business without any advantage to its players. If you  intend to play gambling then  you must be ready  on that advantage of house which would really  loss all your money on the long run.

Of course they always win, otherwise casinos would earn nothing

in this business it is all about the overall winning not winning every single time. what i want to say is that the house will be the winner in the end because it is playing against a lot of players but individual players can still win and house still remain the winner overall.
but for smaller sites, they can lose if only a couple of people play there and they get lucky.

The house is really smart and always work perfect for owners that is why it keep them running the business, so that I am also pretty sure nobody can survive in long term with limited bankroll, but the house has enough funds to survive for long term and help the owners to get the profit.

You have nothing much to do except the reality that in long run house is the winner in this game of making money from gambling. You can change ip or use anything else like script or method you will reach at same end like majority of players. That final situation is remaining with losses. Gambling is a complicated thing and can not be relayed on it to make money.

The house always win, this is true, but with smart gambling some players can make some win too. Especially on auto mode, you can make around 100% profit very fast. Not experienced gamblers, which are majority, also loose of course, so house win.  ;)

don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.

Correct, some people may even win but still the house has always the edge and has the profits. Shall we say that all people who losses  on that certain game 1  out of 10  players would only be the winner. The ratio and gap is  too  far which we could really say that  winning  on gambling sites  do have  only a smaller chance.

I want to believe that anyone going into establishing any thing is with the motive of making profit gambling inclusive so whether gambling or something else, so far its profit oriented then the HOUSE will always win even me if I set anything up I will want to win because profit is the motive...

This OP has only 2 activity I think its just advertising for freebitcoin.com. Yes the house always win's they have a high house edge some say its about 4% which to me sounds right. I wouldn't deposit into that site but I would play with the faucet without a doubt. Great fun.

in gambling online or physical gambling the house will always took advantages for the players although the players use whole of their strategies to get their winning but in the end of the results is certainly the house will always win and maybe only fortune will beat the house

we can get small porions of house winnings if we know how to handle our luck if we can be contented to small amount of winnings i think it is possible to win, but in some cases even we already have some good earnings we still intend to win more and ending up to lose everything again. that's the problem with many gamblers.

When it is stated that any system is provably fair, it means that there is a set profit margin in which the system is going to profit for the owner of the site.  It is the same way in every casino across the world.  If you notice, there is never a casino which has went out of business because of the winnings they have paid out, they have went out of business because they were not able to bring the business into the casino.  The same goes with all these websites which claim provably fair.  They are going to make their % no matter what happens as long as people play.  So it is not fair stating that it is written in that if you play for a long period of time, you will loose; is a misrepresentation.  The issue with this is that if you play so long you will be back at the beginning of the system again.  Think of the system as a race track.  Most tracks have a start which also acts as the finish.  When you go far enough around the track you are going to end up back at the start again.  If you treat this track as the profit margin of some of these sites, there is a point when the system has given away the % thy are not to keep and give away as winnings.  If you are in the mix when this happens and the system starts to take the rake, then you will be caught in the mix.  If you play all the time, you will always get caught in that mix.

Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them..

What about betting on the house? Is it a good idea?

Well, your ROI isn't bigger but you are playing on the winner side...

Freebitco.in is just a faucet though. I use it since if I lose I just lost some time and not a lot of money. :)

I agree with this. Playing against the house is always risk there is 90 - 10 % chance are there to win our bet. SO better choice is to challenge other players this is a good method to make a profit. Here your skills may help you to win your bet. If we play aginst house most of the time, our skills will not work only luck can help us to win our bet.

Of course it can be rigged. Gambling is retarded. Why would you even gamble, if not for fun with cents?

You can gamble just for fun. I'm doing it, and it really is fun. There are websites like PrimeDice featuring faucets too, so you're getting free money to play with.

Not only primedice but many other sites give your free money to try their games but if your gambling only for fun then you should do it only sometimes instead playing every day because it may slowly lead you to addiction and later on you may start playing with your many and end up losing a lot of money in gambling. So you should very careful even though you're playing with free money.

Not so much free. It is still your time. You also need to be lucky to win a nice amount. The faucet can upgrade but you must be a whale probably to do that. Still it is better than faucets that is for sure.

Sports gambling are sometimes rigged by the good thing is you can choose on different sides so if you have a feeling that a certain team will be given the opportunity to win because it is rigged then simply put your bets there.

that rarely happens in the bigger sports games. and besides you can always stay away from those small matches that you feel like they have been some wrong doing in that particular match; you don't have to bet on something you feel bad about.

I think Fortunejack, Rollins and some more sites also give free coins to play. So you can use these sites also to play for fun. With free coin we can just play for fun here, we will not make money. But yes this lead us to addict to gambling. We can not play more time with free coins it will get bored and the games also not exciting because it's free right if we lose also we don't care.

that's the advantage if you can have insiders because reality goes that there's really manipulation in some sports game so if you can have good insight if you really knows whos going to win that's the time that you can win against the house.

Playing with this free  satoshis would  definitely  make you a gambling addict when you intend to  play almost everyday. It  wont really hurt us  if we lose  those money but on the time we won  on that free money then lose in the end our emotion would build  up to deposit our money  to  expand your betting style. I believe this kind  of strategy of gambling sites help  to get players   from their site. IMHO

nice assessment mate its really the intention of that free money allowing you to keep winning at first then when you almost feel that you can win big that's the time you will lose i don't know if that's your luck or just a wrong timing for your bet letting you decide to place your own money and loses it in your way playing.

Thats what im thinking too that these things are  just propaganda or ways of a website to  get potential players which  would really play on their site and would  give additional profits for them. I dont really play on those free satoshis on a certain gambling site since i dont really play gambling at all. ;D

The House always wins <<< can't agree more. Yes it is.

That's why more and more gambling site are launched...

I agree that the house always win. I did some experiment and proved it to myself. There are gambling sites like primedice and bitsler where you can set the chance of you winning. Set that at 50%. the multiplier wouldn't be exactly 2x but it'll be around 1.95x, but that doesn't matter because our focus is at the winning rate. Play with the minimum bet possible and then just leave it speedbetting for a while. You will see the significant amount of difference between the "win" and "lose". Obviously, lose is much higher than the win.

That's especially true in dice sites and in the long run there's a slight chance of winning,so you have to be careful with dice sites and gambling in general,because the house has an edge and you have to calculate the possibilities for profit.

Truly said because the house will win as per the wagered amount while in sports betting there is sometimes users who predict very accurately as they can predict the performance of a individual and hence the team.
I think the only place where users win is sports betting.

We can't that house always win with dice sites because the program there are specialized for the house and in favor of them.

Since gambling is a business for the house and why would they are going to allow their gamblers to win a lot but still they are allowing their players to experience winning.

Because if they won't they are going to be not used and  visited by the gamblers again and again.

It's sad to see that people still think they can double their money gambling at this day and age. I mean, of course it's possible but it's not sustainable by any means.

Gambling should be treated as any other kind of entertainment, like paying to watch a movie or buying an app. Consider your money gone the minute you decide to gamble it and be happy and content if you get some of it back.

This is not a question but a reality, of course the house always wins because they are in the business to make money therefore they will set the game to be on their advantage to continue making money.

Well yeah this is a reality that the house always win. Because the house needs a big amount of money in able to keep on running. That is why they need to have that strategy in able to earn and as well as to maintain the website. I doubt it that the house will sometimes will let their gamblers to taste some winnings.

Yes if you play slot games I agree this the winning % is more favour to the house edge. But in skill games and sports betting the winning will depend on entirely our strategy. If you are good in sports and you know which team and which player to place bet then it is easy to make a profit in sports betting. Here we have a lot of chance to win our bet.

well you are correct in the sense of taking advantage of what you have skills and research will help us to win against the house from sports betting just be very careful with game fixing that might let you lose as well.

Game fixing aren't everywhere and that doesn't happen always , that is the reason why people stress while saying " Although you are 100% sure , bet 50% of your bankroll " . Sports gets exciting due to twists and turns , which is also the reason for bettors to loose their money. Skill games are the best ( I love texas hold em) .

We all know that house always wins ... Well, not always. The site could be hacked or one guy could have incredible luck one day and the house will lose. But generally yes, the house wins. Which doesn't mean you will definitely lose because you can be that lucky guy.  :)
 But I wouldn't count on that and I wouldn't recommend to anyone to count on that. If you want to make money with gambling you will lose even if the house edge was 0%. That's my opinion.

So you used strategy which is known for often bankrupting players, is debunked as not working way to play dice when odds of winning are constant and you expected it to work?
You can't beat a house like that. The only way is to get lucky while playing high and then stop playing.

You are right, claiming  martingale script  is just  been busted  longtime  ago on dice sites which no matter how  you added tweaks and  tricks the result would be still the same which is lossing. We cant really beat the house itself  since it has  the  advantage over us players  since in the beginning when we play gambling.

It is really hard if you are going to aim to beat the house because you are playing in the territory of the house and it is better if you are going to manage to gamble only some few amount of bitcoin because that is going to be a safe move. And that is going to make you affordable to lose even you are going to fall on that still you are not going to get hurt.

Not true not always because if it was always then no one wanted to play and  we wouldn't have so many online casinos around forums and on the internet.

don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games.

The OP does not seem to understand that provably fair and house edge are two different concepts, in the first line the OP says that he is not a gambler, well, it definitely shows.

I think you understand wrongly if there are many winners then you won't see many gambling houses but they are the winner at the end so you're seeing so many gambling houses on the internet and real ones. People knows that winning chances are very less in gambling but still they gamble because they think it is easy and fast way to earn money.

There are so many online gambling sites are coming because they know that if anyone gamble for a longer time, then they can win money so all casinos will try to come up with many new exciting games so that they can keep players busy and they can make a profit. In very rare cases gambling houses will lose money unless they mismanage things.

Depend on where do you play...
If the house always win why many player still playing around the that site ?
They still hope for winning ?

Of course, the hope of winning will push gambler to try again. The hope of winning must be the root cause for gambling addiction, and even after winning a gambler will keep on playing to get more number of winning instead of quitting it. If there is no image like gambling is not giving free money, then there will be some chances that people will not have such meaningless hopes.

Yeah there is hope but i think they are not looking for a profit they are looking for entertainment thats why they are coming back to gamble again..
Its more loses than winning chance..

Yes, it is a mystery why gamblers are keep on gambling among many losses. I do see people are going for gambling with a loan money. It means they are expecting something else other than winning from gambling. This shows almost every gambler is going for gambling not just for winning some bitcoins but the purpose of getting them selves entertained.

If this is true, then there will not be any frustrated gambler after his gambling hours. But we do see many gamblers are sharing their big losses with gambling. There will be only very low percentage of gamblers are going for it with the intention of gaining fun. Other people are going  with the intention of making money even they have found the house always win.

why there are still many who play because they still have a chance to earn a profit, although in the end the house always wins. therefore I do not like the games which has a house edge. I prefer to play sports betting. This pure knowledge and a little luck.

People come back because they have chance to win in short term... You can win a straight of 5x of a 48/52...
And in a long term you will win 4800 and lose 5200... ;)

Poker/Sports requires knowledge... Other gambles are just lucky...

Why did so many casino appear, one after another in the real world? It is because they are making huge money and the profit is crazy so a lot of people want to take the profit pie. This goes to show how hard is it for the gambler to win against the house. It is not easy to win but there are some cases whereby the gambler manage to win. But in the long run, they will end up losing it back to casino.

While it is true that in sports betting you can make money with the right skills, you are mistaken when you imply that sports betting does not have a house edge, there is a house edge in every bet that you make against the house, the only places where there is not a house edge are the sports exchange like betfair because you are betting against players, but unless they are really dumb they will set the odds in order to give themselves an edge.

Where is the house edge then, I think you are referring to juice which is normally 10% of your bets, but if you like you can always choose your bet and get the best odds of over 2, right?

The house always will win, poker are player vs player but the house have a rake(5%-10%)... dice games have ~2% of edge... and in sporting bet you can calculate the edge too... the house will always win... maybe you can bet in more than one house to explore...

Even if sites/games are not rigged, chance of house winning will be always high with odds they offer and house edge they have even when you win. Another factor that makes site win is the greed every normal human being have whenever they win or panic to recover loss when they loss.

Altogether i also think House Always Wins slogan is right.

It is true, no matter what site you are playing, the house is always win, they already created a system that can minimalized their casualties, so dont get too greedy whenever you gamble, you going to end up crying in the corner if you try to win from the house

well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there

Yeah i agree chief ,it all depends on what game and what site did you play on. But somehow its also a True that Gambling house or the owner wins as a big chance about 80% especially on dice games ,slots etc.. which only the computer setting or setup is the who battles your skill and luck. Some sites and other games only 50-50% chances of winning and the house only earn from deposits and withdrawals .

Agree with you Nimbulan. This is my point of view. In general (I mean all the players and not a specific person), I do agree that the house always wins in the long run. A specific person can win several times on a site. So let's say that this person is very lucky for a day or several days. Even that person is winning, other people are losing, that's for sure. It's even possible that their losses are greater than that specific person's winnings. So still, the house always wins.

the thing that you should always remember is that people who gamble are usually gambling for a long run. so they all fall under the category of losing and the house can beat everybody because of this simple fact. so even those specific persons who win in a day or several days even, they will continue gambling and end up losing.

Since you asked for it, I’m going to show to you how to calculate the house edge for sports betting, this is a long post so bear with me.

First of all let’s find a match to analyze I selected Leganes vs. Barcelona The match will happen tomorrow September 17 and I chose the odds from bet365

These are the Odds:

Barcelona:    1/5
Draw:    11/2
Leganes   14

Second we convert the UK fractional odds to decimal

Barcelona:    (1/5) + 1 = 1.2
Draw      (11/2) + 1 = 6.5
Leganes   14 + 1 = 15

Third convert it to percentage

Barcelona   100/1.2=83.33%
Draw      100/6.5=15.38%
Leganes   100/15=6.66%

Fourth we add the percentages

83.33% + 15.38% + 6.66% = 105.37%

If this was a fair bet this should have added to 100% but it did not

Fifth we subtract 100 from the result that we got in the last step to get the house edge

House Edge= 105.37% - 100%

House Edge =5.37%

Conclusion unless there is a mistake the house like in any other casino game has an edge, that does not mean that with skillful play the edge cannot be overcome, but I hope this post clarifies some misconceptions about sports betting

Yeah, that's the sad truth. A gambler, especially those who are winning won't stop gambling. They might think that luck is on their side and of course due to that greed they end up losing. That's what happens usually on gamblers and I think self control and putting limits to ourselves can help us avoid losing so much money. Remember that Luck come and go, it's not with you always.

Wow, thanks for the info The_Dark_Knight, I never knew how to calculate the edge of the house on betting sports...
And well, I think most of the players don't know or do not calculate this when they gamble, good reply! thank you!

Yes it is making them more fierce to keep on gambling because they are thinking to be lucky on that day. But when their luckiness expired for sure they are going to be confident that they have a lot of funds for keep on gambling but as they are going to keep on losing they are not going to notice that they are losing it and the house is winning again.

Nice calculation. It is funny how some people keep thinking there is no house edge for sport betting. Just because it is possible that people can profit from it, does not mean that there is no house edge. Otherwise how does the site make their money from. How are they able to come out with all these free deposit bonus and other promotion?

thats the real thing there mate after the calculation for sure many of us will be enlighten not because theres a much bigger possibilities that we can win playing sports betting house edge is unnoticeable  and we keep playing with realizing that just like every casino does house edge still present thank you for sharing mate just to emphasized the house always win because they always have a shared in any game you played.

In Gambling if you calculate winning percentage, the house owners will get 80% and remaining 20% players will get. That is why they will invest a lot of money and create gambling sites. But this will not work for sports betting sites. In slot games, the house has control on our winnings but in sports betting it purely depends on the match. 

This is  the reality on gambling  industry which  people would continue to play  every other day even  if they lose or even win because they are aiming for  profits. If they win  on that day for sure  they would return and loses back all his winning including his capital which is a normal thing  on  gambling.

I agree that in long run process the house will beat us easily. And losing chances is very high. So better play with other players or do sports betting. Here house will not do anything. They only have control on odds that's it. Winning will depend on the real game. When I play slot games, i never made any profit. It is always favoured to house edge.

It's because site owners wants to make profit from all users' bets. That's why you can't see a single site that offers no house edge.

That is just because the house edge is designed so greatly that nobody can beat it in the long run. It is always observed by me that whenever I doubled, the house edge just killed the opportunity to make any more. So all I did is, created new account every time I doubled, deposited coins in other accounts, started with same capital and stopped with small profits because I stop when I feel I am satisfied with profits.

House will always win. I admire the effort done to explain this things and appreciate it. When I gamble and win like 3 rounds I start doubting, thinking I will lose the next 3 sets. So what do I do? I close the damn window and will just go back after 5 tob10 mins. It is just my own tactic and got used to it but still the house wins.

So there's no point in close the windows and back after 5 minutes lol
A lot of people have superstitions, crazy ones sometimes... but in the end the best superstition to win is the edge  ::)

The house has control of slot games. If we play with a small amount, the result is a favor to us. Suppose if we play with the high amount the result will be a loss. It is for to house edge. How it's possible I am not understanding. Did anyone watching our bet's or the developers have created the site like this? I am confusing. I had faced this type of situation in Dice game.

There is a reason that the house always wins and it is a simple one: The house edge. They have a fixed additional chance to win on any bet that you accept when you are playing. You can hypothesize all you want about manipulation, but the simple fact is that they just have a slightly higher chance to win.

In addition, many players follow bad strategy which boosts their profits even more. Small wins followed by big losses is happening all the time and this is how the casinos make their big money.

It's the same with math odds in poker. In the long run, you'll win if you do the math properly.
House never loses.

Whatever you do but finally house will win for sure if you play continuesly unless after you win and don't play for a couple of days or few days may be different. But I don't think any gambler will wait for few days comeback for playing. Just gamble with some fixed amount, if you win then lucky otherwise close for the day.

thats right buds gambling is so addicting and i think even getting the chance to win gambler will go back and play again until the winnings will be burned again and start to lose together with their money and sad thing is when they loses they will blame the house because it really design for taking care of the business.

i know about this stretgy of betting with btc autopilot in the freebitco.in . but sometimes this trick always results in the loss of whole btc . because we can loss our money with small btc . for the sure winning with this trick we need to deposit btc in bulk . so it is not easy for everyone to deposit thus amount if btc .

a simply explanation about how can the house always win is because it is the advantage for them.
i mean yeaaa gambling is abusiness sure there must be a profit.
The longer you play, the closer your losses will approach the house edge.

Yes. For a gambling house owner, gambling must be a business and he always wants to make profit from his business. The house edge always will be higher than the possibility of our winning chances, so we need to be extremely lucky in order to beat the house edge. It is not at all possible to happen so simply house edge always wins.

i believe that even without the house edge (meaning with 0 house edge) there is still no chance of winning in long term in a lot of these games like dice. because of the way they are designed.

the house edge is nothing, it only changes the chances of win/lose a little bit and if you have tried any of the sites that had 0 house edge in their start up you can actually try thing in real time action and figure it out.

i think its applied in every gambling site not just for freebitco.in and i think we only small chance to win big money on multiply in freebitco.in and we should have big luck on there site. for me, better to play the faucet and make it auto withdraw for the easy thing.

I hope to see your method in gambling but I do not think that it would work in a gambling site that has a house edge, its normal for us to lose and when we win it is just only for a temporary win because in the long run we will be beaten by the house edge.

i mean everytime a casino have lost to their players they gain profit back.
it is how the house edge work.
and yeaaa an extremely luck is the only thing can make you survive getting profit in the long run and stop play it at right time.

We can't stop people if they would still continue to play and it is matter on their choices upon when would they stop and also maybe they just ignore the house since all they wan't to seek for that game is just purely fun, but we cannot take also those people who's seeking 1 time jackpot and this should be the hardest one to get since house rarely lose it and i think this kind of situation will need to have a extreme luck beside your butt so you could win for this.

A business that goes way beyond their daily profit. I understand that they want ROI from the capital they made and the advertisements but after that could they make some people win. That can make an impact to them also if the winner can show proofs that the gambling site is legit and dont cheat.

Exactly ! The house will win at the end because they have kept a edge which means that if 51 times they win in 100 bets than you will win just 49 times ( assuming edge to be 1% ) added to this they also earn because sometimes gamblers get aggressive and loose of their aggression.

Getting aggressive due to unable to manage the house edge and losing our temper are some of the techniques the gambling house always handling to win. Whenever we are targeted in an emotional way, we will get chances to deviate from our predetermined plans of going with.

In my opinion, gambling houses are tricking by playing with in emotional way. Once we got disturbed with our emotions, we will start losing in gambling.

We feel most of the time that need of more profit, or we wish we got our lost cash back. Here we become greedy and lose a lot. The gambling system has been created by a smart guy, he created such a perfect business that can easily make you rich from nothing. We're always talking about us losing but how many people are there around winning after all? It's fun and exciting to gamble, but at one point it becomes the worst activity you can take part at if you don't care about your spent money. Manage your money and you'll be fine.

House always wins I do agree on this but this doesn't mean no one wins as player. It is actually in profit because the number of winning people is much more small than those who loose. These people who loose are paying for house and winners. House takes charge for its services and people's money distribute among people is that simple.

The House will always win because the House is for the casino owners who are running a business. However you can also win but it can be considered as a profit if and only if you cash it out while still on green streak. Otherwise if you keep playing you are bound to lose it all and the House will always win.

Usually dice games should be done for entertainment purposes. Other than that sports betting or poker is the best when it comes to gambling.

Why house always win one main reason is our greed. What I have experienced personally many times after winning some decent amount and stop playing I come back with thought that its my lucky day. I should avail the opportunity and busted this all goes in favor of house. We need to win every bet while house needs few hands and it is going to be in profits.

Dice games are done for entertainment? I don't see this... It's a boring game, people just want to profit and at the end, they all will lose to the house.
Simple math of edge

That's not the very true side of the coin as it has an another one too.
I have a colleague who plays it always for fun, and it's not like he has a lot of coins but whatever he gets, he gambles. Once, he went all in with BTC0.4 for 3 bets and put it on Autoroll with settings 2x and 100% increase on win, he won all 3 bets. Now just think how lucky he is? It is not the house that always wins, it is us who are not satisfied with small and go for bigger ones.

This is the most obvious gambling game where the house actually always wins. And even they are going to have closure with their percentage of winning.

Still in the end the house wins with dice, that is why when I get addicted with dice there is no day that I have won a great amount of bitcoins.

Because I always lose with dice.

All of that is absolutely right, because I see all the gambling is a business for those who open the business. all things related to business will surely be more emphasis on service and also profits, so if we want to get the advantage in gambling then it should be ready to play in quite a long time

And if you can beat the gambling site playing in the long run, that is only our chance to make profit, however it is really hard to do that since it is the advantage of the gambling sites that a gamblers will play them in the long run, if they play in the long they will lose because they are just gamblers.

No one could really beats the house edge  in the long run  no matter how  hard  you try maybe for those  lucky ones that played   and gain big profits  for sure they have the chance to  avoid the house but  it would  not happen anytime since the results  on lossing  is much higher  than winning.

of course no one can actually beat the house in my opinion, gambling websites would always win

The odds are the house their favor and that is what they call house edging if I am correct, they need to do that in order to make money because the casino is a business after all.
People know this and this still accept the fact that they have a lesser chance of winning.

It is true that even knowing about the houseedge every one is trying to earn, but they forget that on long run house will be in profit, but who are betting for short time and coming out with low winning are the real winners.

House always win, except when house lose. There is gambling games that are made for high roller's. It's not just a point to have a lot of money, it's also how you play the game.
House win cause they have more then we do, that is advantage. Also house have more time then we do, and in the end house is not greedy like we are sometimes. Many times we lost cause our own fault, cause of stupid move. House is waiting our mistake, and that's why house win in most cases, but not always!

Yes, the house is not greedy like us. But the gambling will make us to greedy, and the house will take advantage right. What happen means in slot games the house have more chance to win, but in skill base games the winning will depend on our knowledge. So here our faults will make house win many times. End of the day we lose and the house will win that's it. 

thats true, a lot of people have played gambling for ages and no one managed to beat the house edge

Even how intelligent you are but you have no chance to beat a gambling site with a house edge, we might win but for temporary only as in the long run we will still lose. Be smart to play it for fun only, if you want to be serious select a game that has no house edge.

Even theres no house edge you wont still cant guarantee winning  on a  gambling site  but   i cant see  any gambling site that has  0% edge  because they get profit  on that edge. The results would be  still the same because  gambling is designed on that way.

The house has the advantage so that is why they always win or most of the time win but if you are lucky enough you are also able to win but the chance is not that big.
The casino also needs to make money so they need to have the edge in winning.

Yes, the ball is always in their court. We need to follow their terms in order to win against them, they are setting up rules, regulations and algorithms and we need to follow them to beat them. How come it would be possible ?

Unfortunately, all the gamblers are very much aware these things, still keep on playing to overcome the house edge in order to achieve their dreams of making big fortunes.

As per all reply i have checked one thing is common that everyone knows that house edge wins in long run, but if someone is playing for short term and when they wins they just leave it that is the loss for the site, but even then they are in profit in long term.

so i think their is no other to say more as it is more clear of the OP thread. That is why we can see lot of new dice sites are opening.

That is the problem because you don't know when you have luck to make win.. and i think even you are win and gain profit you will still greed to increase your profit that can result to lose it all.. they are choosing gambling to start business becauese they know more people are loosing than win.

thats right it is an easy business for them knowing the peoples perspective being such greedy allow us to lose more often than getting win in a short hand i guess gambling house knew this thats why they created and attract most of us to play and win in the first time to taste the excitement and then make us feel that we just out of luck and we can regain loses back if we keep on trying from time to time.

This is right.
Some people on this forum think that house edge is unfair and it's something like cheating, but they forget that casinos had a lot of spendings: servers, security, advertising, development, stuff salaries and so on.
If we take real casinos, they have even more spending, so their house edge is much bigger (2.5 % - 5 %).
In this light gamblers should view house edge as a payment for organization of gambling.

Even paying this services, they still have profit... The point is... Gambling sites(or casinos) are just a service to you have fun... The problem is people thinking gambling is a business and they think they can "work" with this.

The house edge is there for the casino owners and affiliates to earn. Setting up and running a casino is an investment and this is where they get profits from the players. Hence the house will always win if you keep betting in the long run specially true in case of casino games. Its better if you cash out early before the house edge catches you because you never know when you run out of luck.

This  are  the common aims of a  house which they would really make  tactics or things that make people lure  them to their site. You are right  we win in the first time and the  emotion and aims  would build  up  until  we lose and   thats the  time we are keep coming back and thats  the advantage of  house to make profit.

In fact most of the people are aware of this it is not possible to make the profit in long run, but the greed don't make us to get stop there and our mind become more greedy and we have thinking like this today nobody can beat us, because we have our lucky day so that is why every player ended with same bad way.

That's why play gambling so fun, to beat the house and get profits. I agree to cash out early after get winning and not play in the long rub.
For sure, if you win and get strike every time or  mostly when you come back to play again that feels so please.
But, it hardly to do that if you play game of chances like dice or roulette, the house always win on those games.

Well house is supposed to win when there is a house edge. But, now there are games with 0% house edge, where players get equal chance to win.

Our chance of winning in a game where house edge plays a big role is just temporary as there are not method that would work overtime, we are all subject to lose in the long run, so better play it for fun to minimize your loses playing a gambling site that has a house edge.

But gambling houses are not doing any charity work to distribute their money to gamblers. So even though 0% house edge then know that if anyone gamble for longer period they can win at the end so to attract gamblers they will come up with these 0% house edge tricks. Gambling is not for making money so gamble carefully.

That is what i have been saying so far. Casino is not a charity. It is meant to take money away from you. So they will do things to ensure that you will be losing in the long run but at the same time let you believe you got chance to win to hook you up for long.

Usually they don't do any "things" and are provably fair. House edge is purely mathematical, lets for example look at Dice.

You can roll anything from 0 to 100 and bet that you hit some range - the smaller the range - the bigger the reward. But casino has a slight edge, so your reward will be slightly smaller than the risk.

In this Dice example with 2x payout chances to win would be 50% with 0% house edge, 49.5% with 1% house edge, 49% with 2% house edge, etc.

I have my understanding in this regard why house always wins. House has nothing to loose as there is nothing at stake but these are players who compete against each other and house just distribute their money among them and charge them for this service. Some people just quit sessions at loosing and some with some profit hous also remains with untouched money as well.

The fact that the house has the advantage, it would already mean that we are losing in the long run hence making the house always wins. With that reality, we should know already how to manage our money, if we are going to continue to gambling in a gambling game which has a house end or we will invest to make easy money.

House does  really have the advantage as always hence  gambling sites  are designed  on this way which  they make their players  lose in the  long run and  the  ratio of  losser compare to winners are  too far away hence there are lots of  losser compared to winners which is  really a normal thing to a gambling site.

yes the law of to gamble in long run will make you get lost soon or later make the house always in win win situation , they know what will happened to every players and that's why they build a casino to make money.

people are really gamble on uncertain thing but the house they did not. they have guaranteed to have a profit as long as they have a large bankroll.

may be not ever where but in some houses where there is always using unfair means by the the house, and where people are cheating bu the house.

I agree that the house always win. The one question in my mind, why do people gamble when they knew that they are already in an unfair situation.  I have observed that even with 0 house edge, the house keep on winning.  Worst is that they win in the consecutive streak.  I saw someone losing 20+ consecutive streak.  If it is provable fair then at least he should have win 1 out of 5 rolls.

Those types are casinos don't have a knowledge of casino business because if they do honestly, then they can attract more and more people and at the end they will be making a lot of money. But those guys just want to scam people for a small amount and runway with a small amount.

Expert gamblers / Veteran players  would  definitely  know a reputable gambling site  which  they would seek always for  a hash on which the site uses  with this thing  you could somehow assure your self that  results are not  manipulated by the house  thats why not showingthis hash seems  a shady site.

Exactly dude even games/site offer 0% house edge its not a guarantee that you will win. If its a guarantee do you think  they will still offer a 0% house edge. Of course not. Even they have a equal chance on winning at the end the site will still win and you will still lose. Thats how gambling works house always win(unless you got lucky which is rare to happen).

Yes , It is like this as title said in this game of making money or having fun house the only which always wins. It is designed to be in better position to deal with external elements which are players. There are more and more casinos appearing which shows how profitable business is this being as house.

Indeed, just look at macau which now overtake Las Vega as the casino land. It is so profitable and taxable that government allow casino to be built even though the amount of social problems it has bring is huge. This can show how profitable casino can be and the power of house edge.

House have advantage, that's all. House doesn't always win, I know that. Depending on the game I have very good experience with casinos. I win some poker tournament here and there, or qualify for paid place. I play slots, and on slots I won much more then I lost, and I started to play with big bets now.
Gambling is not for everyone, and I'm sure that many people lost much more then they won that is bad luck and playing without plan and strategy. Before start try to !earn how to play without money and then sit with real cash.

House does not always win otherwise no gambler would last and enjoy gambling, the fact that they have the house edge against us they will win in the long run and will be profitable. If the gamblers will gamble regularly then I would say that he is subject to losing a big amount of money as house always wins.

In gambling sites like dice sites where every result is promised to be completely "random" I would agree that the house always win. Having an equal chance of losing and winning (50%) doesn't give you a statistics that is equal to each other but it doesn't also give you a statistic wherein winning is greater than losing. I don't think every set of random results should just result in either those two.

one thing that people must know about how the house edge work ,
the casino with its house edge always make the losses bounce back to profit ,
it is always work like that , so basically whenever someone won $100 means casino lost $100 ,
then there must someone to lost $200 to pay the previous $100 and keep the remaining of $100 for the casino , that is my thought.

Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

No, not really equal chance of win would be exactly 50/50 win chance. Games with zero House Edge are usually lottery type of games.
Have you seen Dice with zero House Edge? That's right, it is not possible to maintain Dice with no HE. Lottery is different though.

I beg to diff. Even lottery also have no zero house edge. In fact, lottery has one of the higher house edge because people will still keep buying it due to the huge payout. If you calculate, the expected value is still negative and it take around 7 life time of gambling just to have an expected win.

I am talking about recent evolution of lottery concept. I mean by this sites like  http://www.bitcoinbetting.website/ (http://www.bitcoinbetting.website/)
It is pretty much a lottery where you are picking number from 0 to 9 and letter from A to F - it seems they can do pretty well with 0% House Edge.

Standard lottery, Keno and lotto are not good at all.

that's right knowing when to stop would not allow to win against you, so its not always that house will always wins,
this are the consolation for those who knows the system very well, if you already got some winnings why continue
playing go away and enjoy your winnings.

Ofcourse gambling houses is made that program for them to earn and their other purpose is too make people have fun and enjoy.
But i it depends on what gambling games is supported by that program and some gambling house take only some profits on the winners as i know one of these is sportsbetting although they always win but it have a good chance for the gamblers who put a bet.

It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

it would be a small chance only if the house edge is huge. but with small house edges like less than 1% you still have a pretty good chance of beating the house.
for example in dice on a 2x multiplier you can beat the house with ~49.5% chance and i wouldn't call 0.5% difference in chance a big difference!

Ha ha. Actually there is no chance to bet the house because we the players are too many to bet in the house gambling site. If someone is a lucky man and going winning every bet he takes the other two or three are on the opposite track of this game so I guess house is given the chance of few then get profit to majority.

Whatever our method is, we are still gonna lose in the end, the house edge is the only thing that makes the house richer or profitable because all gamblers who will stand long in the gambling will fail in the end, just get to remember that we are just gambling for a temporary win.

I am not saying that gambling house owners force us to bet in their houses. I am saying here that we have are own decisions whether we play gambling or not, we are the ones who decides to ourselves so never blame gambling houses when we lose.

Gambling is where you should relay on small wins and play in short sessions. Your main purposes should be hit and run in gambling. House always wins because many people have very good start but don't stop playing and quit for some short period of time. I absolutely second that playing longer puts house in better position and increased its chances to win and that happens most of the time.

Exactly the players will not control their mind while playing in long run process, So this method will help house owners to make more profit. Our greedy is our main enemy. If we control this in gambling, then we can turn the house edge wins to our edge wins. In gambling we must know when to stop playing, then only we have a chance to make a profit. Otherwise, the house will take this opportunity, and it will win always.

sometimes if we are lucky we could beat the house but unfortunately this is very difficult to do so because casinos online or physical are made to beat the players and the house will not let the players win too much

Most of the times the house wins because the house has the advantage and because of that a better chance of winning and you have the better chance if losing.
That us why it is a fact that most people lose more with gambling then that they win.

Yes it is making them more fierce to keep on gambling because they are thinking to be lucky on that day. But when their luckiness expired for sure they are going to be confident that they have a lot of funds for keep on gambling but as they are going to keep on losing they are not going to notice that they are losing it and the house is winning again.

House always wins and will always be in profit in the end. Gambling is profitable only being house. The winning number of people is very low who really succeed to make money in gambling but vast majority overall is loosing as balanced sheet seeing. That's why even some people win but house isn't effected most of the times.

the house HAS TO win. otherwise they will be bankrupt soon. but it means that house is winning overall and in the long run.
in other words it is still gambling and you can enjoy and get lucky sometimes and win. and even sometimes you can use some strategies that improve your overall results and help you win more.

The house always wins seems impossible, otherwise we will always lose. I do not think that should be the proper word to use, in my time with gambling although I am a big loser, but there are times also that I am lucky and I win.

So, it should be the house wins most of the time.

Such a small issue and rather common sense but what you said is the right term . I am also a gambler but most of the time i lose ofcourse but i played it with control no just to play and play because i know that the gambling house have program that they will win most of the time and it is created for them to earn from the players.

Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.

They are winning since they have house edge and so by that they can make sure that they will not lose their revenue and still continue to operate aswell as to make theirselves more richer,  and also i think the only happy people on gambling is those people who win big or even the jackpot, and the mostly posted on such threads here are just those crying babies who just been lose by their own greeds.

I think he really havent tried to gamble yet or maybe he did win all the time. Wow! what a lucky man. But try to think out of the box. Try to read people's opinion about this. Many have been broke thanks to gambling specially those websites who had effed out and run away after some profit.

All this because gambling is a business, so whatever it is, they will set out the advantages of others. because that business is a business and not an agency or corporate giveaway or compensation, or etc. So if you want to get an advantage in gambling then don't ever wish that you could get a big advantage, because it will make you into someone who is stupid because it is definitely not an advantage you get but a loss should you feel

Most of us lose to the house because we do not have the capability to recover from our losses because of the small amount of our money or bitcoin. But not all people who gamble losses to the house , some people who have lots of bankroll to burn wins against the house plus they do know when to stop. Unlike most people they are already winning but they still kept on playing then in the long run every balance they have are gone.

It's pretty much guaranteed that the house wins unless you withdraw early, or win and don't ever gamble again, whichever happens. Of course, both are pretty unlikely outcomes and most people like to go high and that usually results in a loss. The house needs to win for the casino to keep operating as well.

This will always be this way, makes no sense be from other way, if the house dont wins, how they will keep their website, and why would they make a cash machine for costumers just, all wich gamble do wanna profit, but in the end the 100% that will get a return from the investment are the owners.

Yeah, they are the ones running the operation anyways so it's obvious that in the end, the house can't be beaten. They'll let you win at the start, but eventually the house would still win

I experience this when i was new in bitcoin and i thought that i can make instant money but because of greediness i lose it all.. tried it again and deposit but the result still lose..

You will face losses always, that is the nature of gambling not because of your greediness.

Due to the greediness to lost for 2 times. Yes, maximizing your losses is the vital role of greediness in gambling. If you are not greedy, you might have planned to stay away from gambling after your initial loss itself.

There are different types of gambling, there you do not need to play against house edge so you will have different type of gambling nature which will allow you to make profits.

At least you almost did get a profit from it (before losing that too)!
They do use all those methods to track you anyway for most sites and they seem more interesting on the faucet sites!

With a house edge of more than 1% there really isn't much point in gambling (a point in investing), but not gambing itself.

They rely on the fact that that idea is never done by gamblers.
You also have to win a fairly large proportion in order to even make the transaction to or from the site profitable! (say it takes 0.0002BTC to transact the coins, that's 0.0004BTC you have to earn and unless you invest 0.2BTC that's quite a substantial amount to get!

That's true that house always wins, but there are chances where you start knowing in anything, including dice that you are starting to lose.
If you would stop there, you will still remain in profit and if not, you will lose everything to the house.

Even those jackpots winners already lost much money on casinos trying to make profit. So in the end, I think everybody loses more than already earned on gambling games. I can be happy because I earned $10.000 on a gambling game, but I already lost $20.000 on the past trying to earn the $10.000. This is how the casinos give a false illusion of profit for players hahaha!  :D

That will happen to all gamblers in the beginning because when you win a small amount from gambling, then the mind will start thinking it is so easy to earn money from gambling. But we all should know that only luck can bring you money in gambling. So if you play longer time surely gambling houses going win at the end. It is always good to gamble with some fixed amount to have fun and if you're lucky then you will win money or no.

Well yes, in the long term the house will always win because of the house  edge and especially with your freebitco.in, with 5% house edge is like one of the worst in the bitcoin world. You are able to get provably fair dice sites that offer 1% or less.

but blaming it on a provably fair casino... isn't on.

Well, regardless of the percentage of house edge as long as there a house edge we still lose. That is the reality because gambling sites are in business to make money and they have been proven it for many years that their business are profitable. We will die trying to win in gambling sites but we will not able to do it.

Just be wise and just play for fun..

The house edge doesn't even matter. The house always wins because this is why casinos are a great business. People becoming greedy = house winning. It's HARD to abstain from becoming greedy. Unless you're going to limit your money, it's almost impossible.

Maybe I just took it literally and you are thinking in a general setting, what I notice about a specific thread here who invest in different casinos, he has an investment in one site that does not give him profit and that makes me conclude that gambling sites does not win all the time but they win in the long run.

Actually we only lose because of our own greed. It's because of the thrill we get every time we roll that dice. We feel that its our lucky day because we win on a lot of rolls and we max out that luckiness we feel until the we lose on the last few bets we made.

House may not win 100% of the time because there is at time someone can win jackpot or super lucky on that day. However, even if you manage to win a huge amount, you will still end up coming back to bet more and eventually lose in the long run.

Yes but that's once in a blue moon situation where there is someone who will get lucky but yeah most of the time house always wins in the long run.

It is hard to know if the house is provably fair even they are giving seeds publicity. in gambling they are made it only to give fun and if you are lucky to make a good profit better to withdraw it and don't be greedy..  house is always win according to most of gamblers because they know this business that is why they are choose this business because they know people are greedy and they can earn more money if more people are addicted ..

nobody says the house win 100% by the way , it is just the fact that the house win over players in most cases. this is part of how people expressing their feeling while gamble and never get a good result.

so they just draw a conclusion that house  always win , not 100% sure win.

The House doesn't ALWAYS win. It's just that majority of the time it has a slightly higher chance against the gambler which accumulates more with more bets and more players. If the house didn't win, all the gambling websites would've been shut down by now.

If the house would always win then investment in casino's bankroll would be 100% certain way of earning money.
As you can read in this thread: https://bitcointalk.org/index.php?topic=1573091.0 (https://bitcointalk.org/index.php?topic=1573091.0) it is not always the case.

As  far  as  i  understand with this  situation. House  do always  win  on the sense that  they  make  money  on  every bet  of their  players  but  house dont do nothing about their  edge among the  players. House edge  is the percentage  that  are being taken  to  a certain bet  but  doesnt mean  its  the edge   of the house  in able to win against  the players. They are  provably fair  though , chances are   only differentiated by the house edge.

The house definitely always wins and I don't think that anyone can possibly argue with that. In the long run at least, the house will always win against you. You simply cannot cheat that fact.

That's true, because they need to do it so that they are going to keep on supporting the operation of their website and system. But that is given, because gambling are business so they really need to get profit from their gamblers. So if you are a gambler you know that you are helping and giving profit to those gambling websites.

There's no problem with that if you are gambling for fun as you are also getting the right entertainment you are looking. If you want money and you are tired of losing because the house always wins then the only solution is that to invest in gambling sites because when they make profit you have a share also.

The house doesn't always win but it definitely always win in the long run. There is no doubt about it, at all.

What you need to realise is that although it is possible to make a small profits in the short term, it is not possible to do that in the long term. Thus gambling isn't a way to earn money but rather a way to lose.

Exactly the gambling is just made for our fun and entertainment not for making money. And I too agree partially that house always wins. In slot games and All in the method I agree that house edge profit is high, But if you play skill games, then players edge profit is high. It's all depend on your knowledge. If you are too good in skill games, you can able to make a huge profit in gambling.

All true , gambling house is the most who earns .even some players hit the highest jackpot they will still have the biggest amount of money for many players who lose their moneys .many players come to think gambling can make them rich but not ,gambling house owners is the one who is rich from it.

Well that's how they earn money. People who think they can get around and win against the house are making a big mistake. Of course, there will be a few time when someone will be lucky enough to win but that is seldom the case for most gamblers

The ratio of winners and lossers  of  doing gambling does  have really  huge  differences  and  we could  really say that there are  lots of  lossers  compare  to winners. House does  always  win  in the  long run and  thats the reality  on  playing gambling  no matter  how   hard we try  we would still lose unless if we are  lucky enough.

That is true. I know many are losing but they are not admitting it for pride. I admit I always lose that is why I dont usually gamble anymore unlike from the past where everyday I do it. Now it is back to just for fun thing.

I stop gambling too when i lose huge amount multiple times in 1 day. I always thinking my loss everytime i want to gamble to stop me from doing it again. It really hurts if you will remember the time you are in loss that's way it is best to vounter the urge of gambling.

that's the problem as we all knew that the system design for the house to win against us we still forcing our self to test our luck
and after we lose we will keep more and more realizing that its a huge of money we spend losing against the house remembering
that will keeps haunting inside our mind let us be lonely from time to time.

Variance is always there, so it maybe need to get some time to see a profit, and it also depends on the bankroll management, some casinos allow big wins from one bet, so they are more riskier if some whales play there.

Thats the big risk because if whales played and happened to win against the house it will break the capital and we know how well whales played they are pro and always looking for big earnings and enjoy the profits.

That is how the system should be because afterall gambling is just a kind of business and business supposed to make money for the owner of the site. There is noone that force a player to keep on going after they lose, in fact alot of gambling site mentioned gambling responsibly and it should be personal responsibility in gambling

yes the gambling is considered as a business only for casino owners, not for players. If the players take this as business then it's wrong becasue the house edge profit is high in gambling. That is why people say the house always wins. If you really looking for profit in gambling play only skill games like poker or card games or sports betting.

Crypto betting sites only have low house-edge but what makes the house winning is because of longevity and deeper pocket. That 1% low house edge will matter when you play hundreds or thousand times. Please bear in mind that people should bet for entertainment purposes except when you are a professional poker player, etc.

The good news is that some of these casinos accept investors. Currently I am investing with decent returns while sometimes playing.

Good news indeed. But we also have to careful with that. Some of this online casino dont stay way too long. So if they say you can get the invested money for semi annual or annual you better think again before putting in your lovely bitcoins.

the house edge always matters not only for big number of bets. the only difference is that when you make hundreds of bets you get tired after a while and feel each lose and it becomes more annoying to you. but when you are new you are hot and don't feel the losses.


investing is still risky and you won't be safe, i am curious to know where you are investing that has a decent return?

in the long run yeah there is no way to beat the house unless there is someone who play and get straight win with extremely lucky on them. so yeah better to bet alongside the house by investing on it. as you have know about this house always win.

That is why if you think that you can't win against the house then you can just be simply in favor with the house and that is getting more popular.

Many tend to invest to those bankroll casino's and that is a very great opportunity to all of us. And this is a good counter win for them.

So if you are sick of losing against house, then do this.

This title is not 100% correct, it should be "the house is always in profit". Mathematically speaking, there is a probability to be profitable in the long run, and some players actually are, but the house will be in profit, because more people will lose in the long run than win.

You could be right because the house does not win all the time if you will understand it literally. What I know is the house has all the advantage and they are due to win in the long run, and as a gambler we are experience the complete opposite side as we lose in the long run.

All of that because gambling is a business, there's not a business that would give an advantage to those who only have a bad thought!! . If you want to get all the money or advantage in gambling then you should do a game or you can see how the main way a code or system existing in the site. If it can be done then I'm sure the profits obtained by the site will be yours

Yes, it is logic. Single big wins, of course, happen often, but as we all know % of House edge must be on plus ;). So in every way you will count that, the casino must earn, at least for maintenance. :) In long run players have to lose - it is pure math!

The system design to win thats the goal besides they will not make this business if they will keep allowing gamblers to win but sometimes whales also got a chance to win and make the house loses in the other side.

Obviously, they wanted as to lose.. The more they lose the bigger they will make profit, so they do not care if we will go broke as long as they become richer. That's a business and when you are in a business, your main intention is to make a profit.

The house is designed to make profit for the owner it is more tricky than the players, actually when any person got the winning than he get more greedy and want to get rich with gambling and forget the fact it's technically not possible to win from the house.

This is the link and site that I am following: https://bitcointalk.org/index.php?topic=1585408.0

Right now I only have Betking and Crypto-Games after withdrawing some of my previous investments. Currently I am considering this vDICE.io ICO and hoping to earn some bucks on its house edge. ;)

It is true that the house will always win. Nobody can set up a gambling house just to make money for other people. He has to find a way to make profit. That is why 99% of people gamble will end up losing. The 1% who win will not take away all the winnings. Therefore, when you gamble, just be aware that you are making money for the house owner.

Hey thanks for the link there dude. Im now just saving up my btcs and looking for somewhere to invest it in and this  is a good idea since since the house edge is going to be on my side for a change

Yep, 1% only who will win? I think it is so unfair ,Let we say 10% out of 100% also some gambling house differs .Only the thing for sure whatever happens the gambling house is the biggest winner in all .i am thinking on some sites like sportsbetting how they earn big moneys in their site knowing that they only accept deposits and have small fee on winners.

No doubt about it because how can the house sustain the needs of the site if he is not going to meet his own agenda by getting profit from the gamblers.

It is just like giving entertainment to the people who uses his site by means of gambling and in return those people will pay the house in terms of losing their bitcoin.

But not literally losing it directly, it is like losing it softly.

Well, If you would refer to that scenario then you can really say that the house does not win all the time. But the question there was before the lucky jackpot by a player did the casino already got their profit too?  ;) If so then 100% win-win situation is real.

You're welcome sir. That review is really really helpful. Its followers are probably earning some few bucks at least by following his investments most especially the top earning sites. Also it shows that the house can't win all the time. I just exited last week from Safedice too with around 1.7% something gains and it seems that its investors lost like 5% this week. 

The jackpot is money lost from gamblers, isnt money from the house is the money that the gamblers has lost that went into the jackpot, atleast i do see those jackpots like those, otherwise house would be at risk, and they arent at all.

Most of the time yes the house always wins. But sometimes whales beats the house because they have lots of bankroll to use for recover. For me and others who have limited bankroll, The house will always win against us unless you know when to stop when you win something. Casino are not created to give money but instead casino are created to get money from people who loves to gamble.

All it does depend on what they do. If they could do anything a good thing then they will benefit, as well as vice versa. So do a gambling in a very elegant and Nice, so the house will give us a good profit. for if we can understand how to play that good then it will be very easy we benefit. Indeed essentially the house will always win, but we can eliminate it if the play well. And don't ever think that gambling is the place to look for profits

House is not always win but most of the time the house will win,but when the player win at gamble they don't exposed it,  but it is true that casino and gambling site is the place for fun not for looking profit because the house got better odds in winning

the house design to win but if gambler like us knows how to control and not being greedy we can also win against the system little by little as a system created by human so better to think that we are still more intelligent against it he only dont have emotions so thats our problem.

That's is why there's a saying that goes the house always wins. That is something we have to remember when gambling with a house edge as our only chance of winning is only when we are lucky. Never gamble for the sake of making money as you will lose in the end.

Yes, because the games are prepared in such a manner that no one can beat their system whether in a long or short run.
House manages to take out something big when we bet big and lose because we see that we are winning constantly.

the only way is to know how to play it in an enjoyable ways knowing the fact that house will always win should be taking out inside our mind knowing your edge and finding good solution with the gamble that we are in with, we should play games that we understand better so we know when to start and when to start when losing is starting to show up.

Gambling house not always wins but they got the most money of tge players ,mind will set to limit ourself and playing the game we know will be advantage on us so we can make a better play and when luck goes on us maybe to win but only a small percentage on gambling house earnings.

House is not donators, of course they will win in the long term, it is gambling, but a few will win.

but a computer code / math not often do mistakes like human
you cannot win over the house if you still have a way to thinking like human
the online casino games was programmed to become a winner , to always get profit
so that is right the house will always win in the long run .

Yeah most of simple gamblers loses in a short time in gambling and we all know that we cannot know when we are going to win because most of the time losing is more often than winning. So if you can have a good amount of money, why not try to invest your money in a gambling sites that you think you can earn even if you play you have an investment into it so you can also earn at the same time.  ;D

They need some income. So where will they get it? Of course in making gamblers lose most of the time. Making them addicted at first by letting them win until to the point that they will get it back. Greedy wont win with this kind of games. As long as you want some more you will lose. That is the mission of those gambling site. Profits from gambling addiction of people.

It is not house edge that defeats a gambler but its the greed actually. Think like this, would you be able to make 0.001 btc if you deposit 1 bitcoin , you will laugh and say yes. So, you are confident that you can make little profits but when I ask can you make 10 BTC from 1 BTC you will get worried, that is that I mean, if you get greedy and keep playing you will face loss Better stop at a point where you think the profits are enough.

Gambling is a paid game means the house has invested to provide these games to enjoy people, and they will have a fee to play and just to keep things more exciting put an option as people can also win money if they are lucky. But if you gamble for longer time surely house is going to win so just gamble when you need fun and if you're lucky surely you will win but never gamble only to win money.

You have said "letting them win". So it means youre likely saying that owner is controlling the game and letting those gamblers to win in the start and make them lose after? Seems your wrong. The one that you are saying is what you called beginners luck, winning in the start.

it is more likely that the house is actually letting beginners win. beginners luck is not exactly true. and yes the house always win. it's a bait. you win the beginning and then you get to enjoy seeing your money grow, then when you get a little to cocky and spending more in bets, that''s when the house will beat you. it's a normal process and i think most experienced gamblers already know how that works

That is what was i am trying to point out that still the house has always to be the winner because they've already gain their profit before sharing it to those shall we say a "lucky" random players.

I think there should be something innovative done in this field, like they make the investors control their money.
Maybe a multiple key wallet where the funds can be just used when both the investor and site wants, but then why the investor would allow loss since he has the keys .. confusing .. but really something might be done if any tech thinks.

The odds are set so that the house always gets a cut of the money and it will be enough for them to make a profit. So it's true that the house always wins. Some gamblers will win also, but many will lose.

And there is a wrong myth that people are loosing because of house edge. Its not, see any gambling site and see the wagered amount and their profit and you will see its much more than 1% of the wagered amount. Suppose, I give you 0.01 will you be able to wager 1 btc with it ? Very difficult and thats what I mean.

The player in Casino is called the House. The winning will depend on the law of probability and law of large numbers. People in Casino will win not 50-50 but there will be some distinct number like 49-51 probability or 47-53. You might lose a lot at first before you get your winnings and the probability numbers above requires a lot of experience playing it. On different kinds of gambling, the probability changes that the house only could tell.

The house edge is there and that is the only way a casino would win but it does not mean that they are already a winner due to the house edge. It's like this, gambling sites have a good bankroll and we as gamblers does not have one, most probably we are just gambling with small amount but we are aiming for a bigger win and that makes us lose because it's not easy to achieve a big win coming from a small bankroll. In the long run we lose.

There also the house also wins, I mean in skill based games. Because the house allows you to play with others and hence takes a little commission from its gamblers. I think yeah the house will keep winning till the edge is kept positive, wonder what happens if its negative for a day ;)

If the house would've lost many times, gambling wouldn't have been a business right now. This is how the owners of the casinos are making money, but it's also our fault for never managing our money and controlling ourselves.

Simple analysis but it's true, gambling sites which has a house edge are in business to make money and since we are their clients they are definitely making money from us. It's not necessary that they need to win all the time but most of time is already enough to make them profitable.

It is all about business and the house will not able to give us good gambling experience if they don't have percentage of profit to all of gamblers.

And to all addicted gamblers, just think that you are against the house and the favor is always with the house so be a responsible gambler.

Just think that the chance of house always win is the fees that you need to pay for using their site.

They will no matter what as you cannot beat the system build by the gambling house, they make money consistently as we are losing. There is no chance we can win in the long run and those who claim they won are just a bunch of lucky gamblers, and I am pretty sure their luck would not last long.

Time will come, they will suffer a big lose..

I believe Luck dont last longer ,as we gamble with luck if you abuse it the end you will Lose Profit .Making a wise decision after winning is good to do. Gambling house cannot be lose his profit unless it will be stole by hackers that wants money . The lucky winners you said  is the wise gamblers who saves after winning on playing.

It is not gamblers fault completely because these games are designed like that once you start you can't control yourself unless you always play with some fixed amount then you can reduce your losses. But gambling is made to have fun and entertainment so there is no meaning in thinking of taking profit from these games. You just play sometime and if you're lucky then you will surely win some big money.

So if it's gambling sites fault then we should ban them. It's hard to tell who's at fault but one thing I know we are not force to gamble, we are responsible enough to do gambling and since gambling is just for fun then we should play the way it should be.

You are very right people think they are loosing because of the edge but its actually because of the fact that the bigger fish eats the smaller one. Edge would come into play if we were betting 1000000 bet with minimum base amount because then the wins and looses would matter in the long run.

house edge is never gone

Still, if you are able to control your bankroll well, you would be on the winning site

its really hurting you if we are betting big that's the house advantage but what really hurting us is our lack of control when we start to lose
we keep on trying to bounce back betting much bigger resulting for the house to win.

Of course and this is the reason why most gamblers are not that successful because they always chase their loses and that's why the house will take advantage to these persons who wants to bounce back.. trying to give hopes to win but doing it another way around.

That is important and needed by the house so that they will able to completely support the operation of the website. And because of making the players lose, they will get profit so the favor is always with the house. And if you believe that the house always win, then why not be with the house and try to invest some of your bitcoins with them.

yes its true, and with invest to them, we can make a profit although the amount of the profit is depend on how much we invest but i think its really worth it to try. all in all, we can not beat the house since the business is owned by them and we can only make profit by playing with our luck to win the games.

First thing is if you can't afford playing gambling is wrong, in that if you chase your loss and lose some more money is your foolishness, Yes in gambling making profit is very tough, when you have luck that time only you can able to make profit here, in other time its loss only and if you chase that loss you will end with big loss. So stop chasing your loss and just play gambling for fun. Because the house edge profit is high in gambling.

Not much sites accepts investment on bankroll but there are reputable sites like bitvest , cryptogames , and etc . Needs huge money to get the profit from invest in bankroll when you can control yourself you will be safe on long run and get profit

Very true. It just really takes some time and a huge number of capital to feel it. This is not advisable for those who are just starting, I prefer you go through some thread here about investing in gambling sites before taking that leap.

Investing  on the  house  itself  would  be really a  good  idea  if  you wish to have a good  investment  rather than  playing  on the site itself  because  as everyone  claiming here  house  would really  win on the  long  run  and left those   gamblers  broke and  lose up all their money.  House  does have   the edge  on beating  you all the way  thats why  when we play gambling ,  we  must  be already aware on the risk.

of course, nothing can be more profitable than investing in the bankroll of the casino. The more investment you put the more income you  will generate, but when you are a gamble the more money you gamble the more money you lose, house rules and they have the edge.

But still  investing  on  casino  or house  itself  is  not safe  at all and you cant be sure to gain profits  on  monthly basis  because there are some times that you wont   gain  nothing at all . If a certain gambling  site  could  able  to generate good profits then  expect good returns too  in  your investments.

House doesn't always win but overall wins more often than any individual gambler. There are still people who wins and remain with profit but fact is large majority of gamblers loose against house. I have to see this as I said house wins overall but not always if this was correct then no one was never winning.

This is right, need to research to casino if you want to invest, trusted casino is safe to investing, but its does not rule out the possibility if the site turn into scam, the security system site should be considered too. and don't easy to believe if the house give you % more profit for your investment than other site.


That's why build a casino is worth(if you not considering where the money come from), and their building is very pretentious.
According to some article over 85% gambler have lost their game and house earn more profit.

If you guys can't beat the house then at least join them. There are some few good sites that accept investors with their house edge. I can say I am earning decently on Betking and Crypto-Games. Soon I am considering vDice.io and see if I can get some good return on investments. 

That is exactly the point, Of course, defeating the odds doesn't really mean that you defeat it but instead you got it from other gamblers that lose their bets. So in the end house does always wins and there is no point for this to argue.

Yours must be a right suggestion in order to have profits. Still, a gambler will not do what he actually prefers.

Joining a gambling house must be an investing way definitely not gambling. Usually gamblers do prefer take risk in entertainment way which must be definitely missing if we are looking only profits by investing into gambling bankrolls.

Sure it should be saw as investing, but we do know that sometimes you may loose a bit on the bankrolls, soo its a gamble because you cant predict the house result, even knowing the house always wins. Soo investing into bankrolls for me looks like gamble as you are putting your coins into risk.

yeaaa this is pretty obvious that most casino will always in profit.
while most gambler will always ended up in losing instead to get profit as it is has been a law of gambling.
people knew aleady about this but the addiction erase it all.

Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.

As long as gambler player for a longer period on any gambling site then mostly gambling house will win at the end. People who win one or two times on vocationally surely they will come back to the site thinking that they may win again from that site and end up lose back their winnings to the site. So it is most of the time house is going to win money in gambling.

It was never a 50/50 chance of winning as the house edge is the difference, most gamblers think that dice gives them equal chances but they failed to check on their long term chances. They will only feel it when they experience gambling and I have not known any person who are successful in dice gambling for the long run.

if you know how to control your emotion and you have good decision making for sure you will change the game because you can make good assessment and you know when to stop when you are in a good edge and when you are really not being lucky you can avoid big loses too,
try to make good research.

No there is no 50/50 win chance for both sides if you calculate the bet result in long term than you will see that bigger difference there it maybe like 40/60 in dice game, some players got more than 22 red when they got losing streak so that kind of losing streak give clear advantage to the house.

if what you said is true that means their system is not "provably fair" and that also means that you can easily prove it if you look at your bets and check their hash in the provably fair formula.

and be sure that if something like that was going down on what of these sites, they would have gotten caught already and were exposed because it is easily detectable and proven with easy facts.

There is some experiment here about investing in different casino houses.  Among the five 2 of them gives a negative return. An indication that the house does not win all the time.  The negative RoI on this two casino houses forces the one who is conducting an investment experiment to drop the two casino sites and replaced by other Casino houses.

I don't know, maybe it's result of bad management or lack of visitors. But in most cases "The House always wins." statement is true.   

Yup, the house will not win always. But the house edge profit is high in gambling. There are many gamblers made a huge profit in gambling. And at the present, many sites are running with the loss. If house always wins means how this is possible right. In slot games, the result is controlled by house edge, but in sports betting they don't have any control it's all depend on our luck.

Those two sites what you're comparing is just for last few months results. Did you compare their profit and loss from the launch date of those two sites?

Overall they in profits but only in last few months someone might have own big amount, so they are under loss for this short period. But surely they come back to profit soon or later.

This is other unseen aspect what is not taken with attention just like loosing players fact. Not every online gambling site always wins there have been many new sites which just entered in bankruptcy as they were having limited resources and lot of people succeed to make money there. There are many thing to be taken in consideration but overall house wins in most cases.

that is right and that is why i said "overall". maybe it wasn't clear enough.
what is happening is that the house has a thousand players each day for example and overall in the end house comes out the winner and this is despite the fact that some players out of the 1000 won and even if a whale wins the house is going to cover it in a week give or take depending on the popularity.

You are right, there were some frequent news about gambling owner's losses with their gambling business. But comparatively when we are competing against a gambling house edge, in my experience I do conclude only gambling house always win. The failure of a gambling site may be comes from improper management like excessive promotions.