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You can compare the house edge of regular casinos in real life versus the house edge of online casinos. Online casinos just charges 1% or near that amount but compared to real ones, they charge about 5% or more.

Also, remember that even if these casinos are online they still need to pay for a lot of stuff to make them work. It's not like they are running everything for free.

I hope you do understand that betting even without house edge does not guarantee you will win in the long run and that the casinos will not profit from this. Statistically, the casinos have an edge over their gamblers, that is why it is called house edge. But if you analyze an infinite number of games, then you'll realize that there is a chance that the gambler will lose as much as an unlimited number of times in a row. However, this is also true with the house. The only problem is, the house still has more money than the gambler and the house as imposed a limit to the amount a gambler can bet.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I like that and i will play in casino without house edge.
But i think this is going to be promotion for new casino and that's it.

yes, sure but still according the calculations and imperfection of the person, there is a 0.87% edge so, when they are putting on the top it means they are taking let's say 1.87% edge.

What project are you talking about,you really cannot have a zero edge casino ,if your casino consists of just black jack and video poker then you could have a zero percentage edge casino but with other games there is no way that the casino could profit with zero percent house edge,if some one is planning to start one,then be prepared to loose money. :D

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Wouldn't that be fair like in Edgeless casino where they are having 0% house edge and it is more equal between casino and player.

life isn't fair :)
and why should it be with no edge here? i mean you are expecting someone to pay a lot of money for servers, designing a website, security of that website and support staff and a lot more just for you to play there and have no edge?

and if you want a 0% edge game then find player versus player games. it can even be dice but i don't know if any place offers it anymore. in those games you have more chance of winning if you have the skills as NLNico also said.

I really think there aren't 0% house edge of a gambling site out there and you are right if there is something that doesn't have a house edge at all how can a gambling site will prosper? and take income from the site? if they really wants to play gambling find a gambling site that have smaller house edge maybe a 5% house edge is good, you can surely have a slighter  chance of winning, but I have seen just a 1% house edge that is a higher chance in winning, well you can enjoy the game and even help the people behind this type of site make an income.

If the site is 0% house edge then how they sustain in this gambling world. How can they make a profit and how can they run their website. These are basic questions will come in mind if any casino site says they had 0% house edge. After seeing this questions also you think it is 0% house edge then no one will help you in this matter. You cannot find any 0% house edge casino site.

If the site is 0% house edge then how they sustain in this gambling world. How can they make a profit and how can they run their website. These are basic questions will come in mind if any casino site says they had 0% house edge. After seeing this questions also you think it is 0% house edge then no one will help you in this matter. You cannot find any 0% house edge casino site.

Yeah, I have the same questions in mind. I dont think there's any decent casino which can sustain itself only on ads on the site. More the ads more the revenue but also more annoyance for the player. The only way I see a no edge casino to work is, it being rigged. ;)

i think we only need to wait how long will be that site online and run their business. because without any income, then i think its really hard for the site to maintain operations cost and this will give impact for the site itself and if they are not serious to make longer business, then they will only run for short time and after that, they will close their business.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

They still need to pay the developers of the site, marketing, hosting, designers, and other employees, it is not like these things are given to them for free, also they are giving you a service by providing those games for you, so you may think of the house edge as the price you pay to be able to play those games, if you don’t like it, then you can do something else with your time and your money.

So how will you get some revenue? I think it is impossible.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.

A casino that has 0% will be bankrupt very soon unless they have some other service to offer from their dear gamblers. Advertisement is going to be a one good way of getting revenue but that is not going to be enough to cover every expense. As a 0% edge casino it will attract a lot of visitors and gamblers that will enjoy that perk and make advertising effective.

And if that casino don`t bankrupt in short time then you need to think how they earn all that money to run a casino and make profit,. No one doesn`t like to be cheated in anyway, if you decide to go in some casino you expect that games are provably fair, and that games aren`t rigged. It`s better to have house edge and to play relaxed, if I go to casino I wish to play games and not to think about casino fairness, that thought will just distract me from my playing, and because of that I do not think about casino with 0% edge and I don`t visit that kind of casinos.

yes that is right in fact they can sustain and  continue their casino successfully if they have some edge. may be some casino have no edge for advertisement purpose for some specific time but they  cannot continue it for ever, and even if a casino is claiming that the have 0 edge then them must have some hidden edge or may be funding the casino from somewhere else.

If the site is 0% house edge then how they sustain in this gambling world. How can they make a profit and how can they run their website. These are basic questions will come in mind if any casino site says they had 0% house edge. After seeing this questions also you think it is 0% house edge then no one will help you in this matter. You cannot find any 0% house edge casino site.

Sure it will be better as a gambler for me, but I don't think any casino owner would take that risk. They can lose everything in one go to a high better just based on luck.

It is also why no one has ever done it till now . Just a no win.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just thought, seriously, why we pay an edge in online Casinos?

Because almost all the online casinos are coming with player vs gambling-house type of gambling model. Hence obviously gambling houses need some advantage against the gamblers and they are taking it in the name of house edge.

They justify it like they needed it for their running costs coverage. The survival cost could be covered by having some fixed fees. Still we can see no gambling houses are preferring that but they always enforcing house edge against gamblers while playing.

That's a lie a juicy and fat and wet and hot lie(lol don't take me as a pervert) you can't sustain a business if you don't cheat(have no edge) look at all of the so called successful casinos around here, they all cheat otherwise they would go bankrupt in no time.
Unless you are playing against other players and not against the house then yes that is a good thing but lets be honest since when the house lets you bet against others? then what would they earn if they did that? no body donates their time, effort and servers for us to play and bet against each other.

Because almost all the online casinos are coming with player vs gambling-house type of gambling model. Hence obviously gambling houses need some advantage against the gamblers and they are taking it in the name of house edge.

They justify it like they needed it for their running costs coverage. The survival cost could be covered by having some fixed fees. Still we can see no gambling houses are preferring that but they always enforcing house edge against gamblers while playing.

To be honest I do not know how the games could be seen in any other way, in games like dice you are playing against the house, since you are playing under their rules is understandable that they give themselves rules that are favorable to them, the only games where that mentality does not exist is in those games where you are not playing against the house, like poker.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

There was similar topic few months ago and I am not buying this 0% edge story.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

i'm not sure if someone would be willing to do that mate, its a problem because no one would spend their time and money just to earn a little while you can create a house which you can put on some investment and will be able to earn big if many players will played.

But running a site without house edge you can earn on placing ads from other gambling sites if your site becomes popular. PVP casino without any house edge would be a popular site among gamblers because many of them think that it is the house edge what beats them.

Depending on the games you do have and the interest of people who putted in on that site. This might be possible but considering the expenses on building and maintaining a gambling site i dont hink that ads earnings would be enough it would really not sufficient. House edge would really be important because this is where do gambling sites do make their money.

It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling.

But running a site without house edge you can earn on placing ads from other gambling sites if your site becomes popular. PVP casino without any house edge would be a popular site among gamblers because many of them think that it is the house edge what beats them.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

..
User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.

i think primedice used to offer this and it was pretty fast. i never tried it myself back then. but from what i have read and remember, it was fast. you both went online and you could find people easily who were interested in playing against you and made the bets live.

yes that is right in fact they can sustain and  continue their casino successfully if they have some edge. may be some casino have no edge for advertisement purpose for some specific time but they  cannot continue it for ever, and even if a casino is claiming that the have 0 edge then them must have some hidden edge or may be funding the casino from somewhere else.

And if that casino don`t bankrupt in short time then you need to think how they earn all that money to run a casino and make profit,. No one doesn`t like to be cheated in anyway, if you decide to go in some casino you expect that games are provably fair, and that games aren`t rigged. It`s better to have house edge and to play relaxed, if I go to casino I wish to play games and not to think about casino fairness, that thought will just distract me from my playing, and because of that I do not think about casino with 0% edge and I don`t visit that kind of casinos.

Exactly, better to choose those casino's that doesn't implement 0% edge. Because if you are a wise gambler you will have the assurance that the casino will have a support fund or does have something to earn or good source of income and edge is one of it. 0% edge casino's will surely be close at the earliest date of their operation.

I would really rather choose those casinos do have house edge rather than on 0% same as you said they would really not last long in the industry if they cant able to generate profit and in just logic we can say that they cant able to payout a certain gambler when incase theres a big winnings on the site.Thats why we cant see any gambling sites as of now that do offer 0% edge.

I think this is not going to work, mainly because the casino will go broke and will not make profit without a house edge, most casinos are now provably fair and hence they are not cheating and playing really with that house edge and 1% is the minimum that can sustain a casino.

i suggest thhey just open donation site instead of casino haha :P

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

~

What "ad" has to do with house edge?

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I don't think it's practical because the casinos need to make their money and offset their bills and staff salaries so with a 0% house edge it's just unfair and unrealistic for them to survive in business.

It sound great for the gambler if that site is legit, but I doubt casino with zero house edge can play fair and how will a casino will survive with zero edge, so no I wont play in the casino that has zero edge, it just sound not right

yes that is right that it can not be possible and I do  not think that any Casino can continue wit 0% edge for a long time. they must change their policy if they want to survive for a long time. because most of the casinos run on their hose edge and if they are not have any hose edge then they may not be able to continue surviving for a long time and very soon they will become bankrupt and will close their casino because of their continuous lost.

you guys need to completely understand about what actually house edge means and how it really works before join more serious discussion , i myself don't fully understand yet about that , the only i know that the house edge are thing that give casino profit and it is unseen.

0% house edge works only on a player vs player game and the casino take fee as their profit .

in fact the casinos survive with their house edge, therefore i do not think they they will survive for a long time. the may be able to sustain their position for some time and after that they will start facing so much problems.

I would be surprised if all their games are 0% house edge. I'm sure they only have a few games that are 0%, because they still need to pay bills, their initial investment and make a profit.

If they're really running everything at 0% for the long-term, I would be slightly suspicious if their games are fair or not :)

What if it's a "casino" that's only player based? Like, you win based on other peoples losses
The website just gets advertising profits
Wouldn't be conventional, but would certainly be interesting

What if it's a "casino" that's only player based? Like, you win based on other peoples losses
The website just gets advertising profits
Wouldn't be conventional, but would certainly be interesting

What if it's a "casino" that's only player based? Like, you win based on other peoples losses
The website just gets advertising profits
Wouldn't be conventional, but would certainly be interesting

I also agree that it would be interesting to play in such casino but iguess it is not impossible to play on that one.  As far as I know there is a project where they aimed to setup a casino with 0 house edge.  With their initial collection, I think they can sustain their project for a very long time.  They can also earn from the token allocated to development fund.   It would really a great thing for player to have such kind of Casino and would support it.

Probably in the free games that a website has or an online casino, they apply 0% edge there. Just like for trials so that they feel that they could win it and make more money on that website but it's not like that when there is money involved. It's going to be an easy thing for them knowing that they are like that.

Considering that mate it would take a lots of advertisement and needed a lots of players/gamblers for that site to survive or the owner will use free domain and other stuff just create one but its another problem who will be willing to take the risk when you see untrusted site like this that will hold your funds.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

House edge is there to ensure that casino will atleast make some % in profit in long run but we all know casino always wins so they might be collecting more than what they collect from house edge in reality. So casino with 0% house edge can survive but I don't think investors will be happy to invest in such casino.

I don't think it's practical because the casinos need to make their money and offset their bills and staff salaries so with a 0% house edge it's just unfair and unrealistic for them to survive in business.

The good question before discussing this topic first we must know what is the 0% house edge means. It means the house will not come in between two players you people will play with betting some amount and the house will take care of that bet so that they will charge some percentage of overall bet amount. This is what I understood if it is wrong, please clarify this. Thank you.

yes that is right that it can not be possible and I do  not think that any Casino can continue wit 0% edge for a long time. they must change their policy if they want to survive for a long time. because most of the casinos run on their hose edge and if they are not have any hose edge then they may not be able to continue surviving for a long time and very soon they will become bankrupt and will close their casino because of their continuous lost.

I agree with you but that no edge casino may happen as a promotional offer and maybe to VIP members they can give a truly low or no edge.

Sites are already giving lot's of features like rakeback or loss back and it won't be a disaster if they allow no edge for high leveled members or maybe for those who want to enjoy no edge gambling, there can be a PvP game, side wise the site would have normal dice.

It sound great for the gambler if that site is legit, but I doubt casino with zero house edge can play fair and how will a casino will survive with zero edge, so no I wont play in the casino that has zero edge, it just sound not right

I don't think any casino can make good amount of money with 0% house edge, it will make them unstable because if someone got lucky enough to win max win they have multiple times they will get bankrupt. House edge insures that there will be some money taken from every bet to cover all the operating cost.

0% edge casino? Hmm that will die on it's early stage of operation. And I know that casino's will not do this, maybe they can do this but they are going to do something or charge every service they do on higher amount. But gamblers are wise now and they won't rely on this type of casino if there's no way to support it's operation.

I think they definitely can. The reason is that gamblers usually keep playing till either they win big or bust. Even at 0% house edge, I am sure things can sway to casino's side where they would eventually win the same amount.

yes that is right that they cannot survive for a long time. because casino runs on house edge. they can maintain their position if they are receiving their house edge, i think in one condition they can continue to run a casino and that is that if they have some other source of income and they are financing the casino from there. but i think no one will like to run a casino for free if he do not have any income from that. and they will surely close it.

Although it looks like it is pointless to create such casino, with 0% Edge, I think apart from what I mentioned before, earning money from ads on the site, there is another possibility for such site to be created. Imagine you are a poker player and you have many friends who are like you. You are fed up with giving your money to poker sites and you create a site of your own, for you and for your friends to play.

Although it looks like it is pointless to create such casino, with 0% Edge, I think apart from what I mentioned before, earning money from ads on the site, there is another possibility for such site to be created. Imagine you are a poker player and you have many friends who are like you. You are fed up with giving your money to poker sites and you create a site of your own, for you and for your friends to play.

Casino profits and 0% (0.83% in practise) house edge concept.

There are several ways how Edgeless Casino can be profitable. Edgeless Casino provides games which depend on LUCK+SKILL and Sports Betting.

The first two games provided will be Blackjack and Video Poker. Both games are played with a combination of LUCK and SKILL. That means players make choices and either play well or poorly. To give an example of such a situation:

Blackjack: 
House has a 6 card. 
The player has 16. 
The player wants to collect at least 17 and hits for one more card. - BAD MISTAKE. 
The player just made a huge error, because, 12+ against 6 ALWAYS STAYS. (according to Blackjack basic strategy)

An average player does not play ‘the perfect game’ therefore, in the long run the casino makes a profit from his mistakes. 

An analogy can be taken from poker. A new player is playing against a Pro. Both have equal probability conditions - 50% vs. 50%. However, the Pro player makes better choices and the new player makes bad decisions, and in the long run, the Pro wins.

Look at this EXTENSIVE RESEARCH  from players’ mistakes in Blackjack - on average they give away an 0.83% edge to the casino. https://wizardofodds.com/image/ask-the-wizard/how-poor-are-bj-players.pdf

And that's exactly what the casino will earn - 0.83% which is the same as playing dice with an 0.83% house edge

The second stream of profit comes from sports betting. Sports Betting connects bettors against each other, charging vig / juice / rake from each side for their bets. In this area, the casino will earn 4% from all money wagered. An analogy can again be taken from poker. Imagine two players are betting 10$ against each other and the rake is 1%. So, they are actually betting 9.90$ and winner gets 19.80$. 

More information on how sports betting is making money: 
http://www.biasharainsight.com/2016/01/how-do-sport-betting-sites-make-money/

To sum up - the first stream of profits is from games of luck+skill. The second stream of profits is from Edgeless casino with 0% edge games and is a very strong marketing channel for attracting players to Edgeless Casino. Gamblers can enjoy fair betting conditions, and a good percentage of visitors will do Sports Betting which generates 4% returns to the Casino.

The concept has not literally come out of the blue - discussions on zero edge casinos are already occurring in the community.

https://www.bitedge.co/blog/0-house-edge-provably-fair-and-trustless-gambling/

https://www.reddit.com/r/BitcoinGambling/comments/36z3
wi/which_is_the_lowest_house_edge_fair_bitcoin_casino/

Edgeless will be 0%edge,house,currenty blackjack is in beta,you can try without spending real money.There is also work on dice,it will be decentralised casino builded on eth chain,than video poker will be under development

You could be tired of giving money to poker sites, although the rake is not that big, and you do have a lot of tournaments with added money, and freerolls etc, so I don't think you really need to feel that way. Anyway, if you are tired of doing that, you could just end up playing live with friends, I don't think you can create a poker site on your own just like that because you need a lot of money for promotions, you need to be legal etc. It's quite hard to create a good gambling site in my opinion.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

For a game like dice, if the house doesn't have an edge, then they can't make money. In that situation, the gamblers and the house have the same odds and over time the winnings will be equal so no gain for either. Maybe they could charge a fee to join the site or to fund your account but they are going to want a way to make some profit.

I don't think any casino can make good amount of money with 0% house edge, it will make them unstable because if someone got lucky enough to win max win they have multiple times they will get bankrupt. House edge insures that there will be some money taken from every bet to cover all the operating cost.

yes that is right that they cannot survive for a long time. because casino runs on house edge. they can maintain their position if they are receiving their house edge, i think in one condition they can continue to run a casino and that is that if they have some other source of income and they are financing the casino from there. but i think no one will like to run a casino for free if he do not have any income from that. and they will surely close it.

It's for real, think about on how they can keep on operating if they are going to offer free service or 0% house edge. That's in the favor of the gamblers but their players aren't going to agree with this type of casino operation. Because a gambler will secure that a casino can support and has a proof of earning for their gamblers.

Just to clear this up. 0% house edge does not mean the casino will not survive and will not profit. The only thing here is that the playing field is leveled both for the players and the casino. But that doesn't mean the gamblers will win more than the casino. If you think about it, the players still don't have unlimited bankroll and there is still bet limits. So a martin gale system will still fail in the long run. Even at 0% house edge, gamblers can still experience a 20 times losing streak and when that happens that's when 0% house edge casinos profit.

Along with zero house edge the distribution of possibilities will become more fairer than the system we are usually having with any gambling site give that there is no rigged algorithms are being used for generating random hash seeds. I believe 20 losing streams are happening even in the real life dicing, I checked it recently and wondered house edge is literally playing less significant roll in making gamblers to lose.

Yes I understand you idea but they need to pay for the hosting account and the bandwith usage , And many other expenses. But they should try and make things more profitable  for every body. Thanks

It may sound/look more profitable although it will not affect much of the players' winnings. The honesty and transparency of a casino is what will make it much popular.

First read this : https://en.wikipedia.org/wiki/Gambler%27s_ruin

OR if you feel lazy just read this :

Gambler's Ruin
The original meaning is that a persistent gambler who raises his bet to a fixed fraction of bankroll when he wins, but does not reduce it when he loses, will eventually and inevitably go broke, even if he has a positive expected value on each bet.
Another common meaning is that a persistent gambler with finite wealth, playing a fair game (that is, each bet has expected value zero to both sides) will eventually and inevitably go broke against an opponent with infinite wealth. Such a situation can be modeled by a random walk on the real number line. In that context it is provable that the agent will return to his point of origin or go broke and is ruined an infinite number of times if the random walk continues forever.

So theoretically a casino with 0% Edge and big enough Bankroll can still make profit.
The whole concept acts like a hidden House Edge ,i can speculate it is around 0.6-1.0% on dice games.

But such casino for casual players can give them more fun time for their money , not bad heh?

Having 0% edge is a good idea but the site can't survive on 0% edge and depending only on ads can be a nightmare for the site and many sites in order to not get a loss may just take all investors funds and users funds and close down , atleast have a 1% house edge for long term stability and sufficient profit

...There are quite business models that you can connect with 0% Edge, but whether these are really profitable in the long term, I doubt. I would stay away.

First I would ask myself how the casino earn money at all. It incur constantly costs through hosting, server, electricity, maintenance, further development etc. If the operator does not have a responsive answer why it does not charge any edge, then I would be very skeptical. There are quite business models that you can connect with 0% Edge, but whether these are really profitable in the long term, I doubt. I would stay away.

A gambling house might be having more other options to earn like offering VIP membership/withdraw fees/showing advertisements etc. But none of them will get more income how house edge is doing. But I am sure a gambling house will be able to survive with other incomes expect house edge.

I guess as long as a gambling house will be keeping their words and their house edge is even zero, I guess we can continue with them.

Yes, there are some other ways for gambling house to survive even though they applied 0% house edge. As an example, a gambling site can pick up a higher fees than usual gambling sites do, when users wanted to withdraw they funds, etc.

Yes, there are some other ways for gambling house to survive even though they applied 0% house edge. As an example, a gambling site can pick up a higher fees than usual gambling sites do, when users wanted to withdraw they funds, etc.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Yes maybe this project can work out good, but nobody does anything for free...
This site can be a scam for get login/password from users
Or maybe they have some reward from advertise on site, but in this case is better an house edge :D

Exactly, such sma gambling website will be unrealistic and qualifies for a potential scam website with an intention of stealing from its customers should they eventually get any. The casinos need money to run/operate and so they can't offer free services for nothing.

Yes it's true. I have no idea that theres a casino offer 0% edge  at this time. The question here is ,if the casino has  0% edge, how do they earn? Offering 0% house can actually be profitable? Or they may make it for promos or attract new player to visit their website. Anyway,whatever it is I hope it is not scam.

Visit our site too nitrogensportsbet.eu ,I will assure it is not a scam. Just saying!

Exactly, such sma gambling website will be unrealistic and qualifies for a potential scam website with an intention of stealing from its customers should they eventually get any. The casinos need money to run/operate and so they can't offer free services for nothing.

That's why I won't play when where the site provide unreasonable HE except any trusted member able to confirm that the site is legal to be played since I've experience that the site with lower HE can' exist for long term ( Fact : I've invest on the site :( )

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

With 0% Edge? Can you share the link with us? That is very strange, since most of them are just asking for a little fee or just a little edge that are always the same in some casinos.
And i wouldn't trust a casino like that, i do not know, but maybe you get addicted to there and someday you realize that they have just closed their platform and you lost it all.

That is why i am always looking to gamble or just to play in all those sites in where i know what i am doing and where i am putting my money.

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Well, i do not use to gamble with more than $50 or $40, but that is fine after all.

Casinos with a 0% edge do not exist and cannot exist since its the only way that guarantees that the casino will be making a profit in the long run. Having no edge over your customers means you're putting everything on the line and you'd need to be seriously luckly to even hold such a buisiness for a month without going broke.

Casinos need the little house edge advantage to survive in the long run. But that's not the main reason they survive. A good management and reasonable max win limits are important factors too. The max win per bet limits make sure that players have a hard time to recover massive losses and can't drain the bankroll if they're winning big. Especially with martingale strategies.
House Edge gives the casino only a small % of advantage, mostly 1% (on dice).

And casinos sometimes have promotions of 0% house edge. How to check if it's true? Just set payout/chance to x2/50% and see if roll over/under is 50-50 :D

Yes it's true. I have no idea that theres a casino offer 0% edge  at this time. The question here is ,if the casino has  0% edge, how do they earn? Offering 0% house can actually be profitable? Or they may make it for promos or attract new player to visit their website. Anyway,whatever it is I hope it is not scam.

Its not a scam, its a reasonable way to gain market share which is not often an easy task to do in any industry.   If you observe something as mainstream as Amazon then they also run very close to zero profits seemingly at times, but also they have vastly achieved the task for gaining market share in not just USA but worldwide in quite a short period of time relatively.   

Nobody could say this close to the bone strategy is a failure then, the risk is that company must keep growing in order to justify such an aggressive approach and be extremely efficient and well supported by capital when required.   As no profits are building up they rely on the revenue of past expansion to allow them to continue, all growth must be valid and well chosen business or it would be two steps backwards.

Long term I dont suppose 0% edge is that feasible as the company must ensure security and other measures to operate, its not a factor which can be ignored so there is inherent costs to operation.   Scales of economy do also justify gaining custom as fast as possible though.

0% house edge mean that casino will not get profit from it, than how could you make profit if you make that casino where 0% house edge? But one thing it clear that mostly gamblers like it very much to play in this type of casino.

If the site is 0% house edge then how they sustain in this gambling world. How can they make a profit and how can they run their website. These are basic questions will come in mind if any casino site says they had 0% house edge. After seeing this questions also you think it is 0% house edge then no one will help you in this matter. You cannot find any 0% house edge casino site.

We are currently working on a casino without any house edge. To give you some answers to your questions: 1We are not looking for profits.2We paid for the hosting costs and do all development as a sort of hobby. please ready our thread if you have any more questions! :)

Did you raise the long-hidden thread just to promote your gambling site that provides a 0% house edge?
I think this is useless!

0% house edge sounds really impossible because that's the only source of income from a gambling site
even if you only profit from the withdrawal fee, I don't think you will be able to cover all the costs you need
0% house edge indirectly I think is a hoax.

It's like a very generous casino that they don't want to take edge from their gamblers. And the possible outcome of it is the casino will be quick when it comes to closure as they don't have any profit because they are offering 0% house edge. A businessman will typically think on how he can maintain his business but if not, he will become bankrupt easily.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Can you name that gambling sites will be open without a house edge, this is good promotion but I doubt if they can keep on, not saying that they will fail but, if they couldn't get a profit, how can they continue their operation, they can offer this to a limited period of time but not permanently if they want to stay in this business, gamblers are ok with house edge a much lower house edge than the other gambling site, it's fair for everyone.

Did you raise the long-hidden thread just to promote your gambling site that provides a 0% house edge?
I think this is useless!

0% house edge sounds really impossible because that's the only source of income from a gambling site
even if you only profit from the withdrawal fee, I don't think you will be able to cover all the costs you need
0% house edge indirectly I think is a hoax.

Digging up some old thread just to announced up their no house edge site.Yes, it do sounds good but wouldn't be enough for them to get some players.

Ive seen that poster above where shilling out his site all over the place telling that they do pay up everything when it comes to expense just to make
people experience on having no edge place but if we do think generally its really impossible for a gambling site to have no edge yet gambling sites are businesses.
Unless if you do build up some charity then its understandable.

Can you name that gambling sites will be open without a house edge, this is good promotion but I doubt if they can keep on, not saying that they will fail but, if they couldn't get a profit, how can they continue their operation, they can offer this to a limited period of time but not permanently if they want to stay in this business, gamblers are ok with house edge a much lower house edge than the other gambling site, it's fair for everyone.

I would say that any casino running with a 0% house edge is likely just biding its time before it pulls off an exit scam.

After all, operating costs alone can rack up to a considerable amount for a casino, offering 0% house edge likely gives the casino zero income, unless they have another source.

Because of this, I would avoid playing at any casino with no house edge, unless they have a highly convincing strategy of generating revenue in some other way.

why can they just be honest and tell the truth about thier duration because that will make them look trusted than not saying anything about thier exit plans. that way they can get more costumer and who knows maybe they get good karma and they can win over those gamblers which should also prolong thier site life .

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

i dont know how will a gambling site  makes profit without any edge?how can they support their activities without taking anything from players?
i think this is not possible unless they are offering other sort of making money to sustain.though this is the problem from more sites to gain gamblers to play because of their high house Edge but for me it is not applicable for Gambling sites to operate without any percentage,maybe smaller is much better but not totally free.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

There are lot of activities that happen to support the online casino and also money goes in maintaining the platform and servers in support. Also , the developer and promoter of the site get into the business to earn some out of the services they provide. I guess asking for little edge on online casinos makes sense considering the convenience they provide of playing in your own comfort zone .

Any business do really need to profit yet building a site does really have a cost and also into its staffs.So, its nonsense for a gambling site or business
wont get any fees or house edge from to its players and yes it isnt really that bad unless if the owner/operator would ask too much.
A little house edge is considerable.

~snip~
Without house edge it is impossible,.

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.

I totally agree with your opinion..  gambling sites that implement 0% house edge will only make crimes like cheating people who have deposited on their gambling sites because they don't have the funds to make their sites survive.

though i don't really agree on the majority of the idea but there is truth in this matter,because how can they survive not having edge from every bets?
gambling sites gains big profit from the house edge and making this zero?there are some other factor to consider and be aware of every gamblers,not because offering is advantageous to us meaning we are the one will benefits because Site owner needs to make money and not to give for gamblers.

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.

Probably because they had a plan from a start to scam people who will deposit into their site. Obviously 0% house edge will not bring good revenue to the gambling owner. They had weekly or monthly expenses for the site where they are going to have it of course from the site. So, they will probably end up exit scam. Good advice is to stay away from this kind of service.

Not really. They can always employ a different form of revenue. I do agree I haven't seen a 0% place that's madly successful. I think the concept was great marketing but in reality people feel cheated when it claims 0% edge but then starts taking commissions on dapps or others (which is the usual model).

Maybe they will use another form to still getting revenue. I just cannot imagine how they can pay the expenses to maintain their website, but I think they will have a way to divide their money between the revenue and the costs. I don't think that people will feel better if the site claims 0% edge because people will still believe that it is impossible to have that claim. So that will depend on the people to choose that site to gamble or search for the other gambling site.

thats the big question on they will get another revenue since house edge is the main way how gambling sites continues to operate.
no wonder what they will offer or do just to pay for their expenses in operation,because gambling site cannot be run by single person so they need to pay for other individual to help them out.

Yeah, we never know what will happen to the gambling sites to running their site for a long time. We can hope that the gambling site can operate their websites, so they also have the opportunity to grow their business. Maybe some help from the other individual will be necessary to maintain the site, but they should use the other way to pay the expenses for their website by monthly. But they should think about how to get the profit if they use that way.

I think that a casino is the same intermediary as exchanges, only in a casino you can additionally lose your money to the casino itself.
Nevertheless, I have not yet met a casino with zero commissions. All casinos operate on the same principle, which means maximizing profits will be a priority for any of them.

The commissions, as we know, bring a stable and very high income, then why should the casino refuse them, because people will walk smoothly no matter what.

I think that a casino is the same intermediary as exchanges, only in a casino you can additionally lose your money to the casino itself.
Nevertheless, I have not yet met a casino with zero commissions. All casinos operate on the same principle, which means maximizing profits will be a priority for any of them.
The commissions, as we know, bring a stable and very high income, then why should the casino refuse them, because people will walk smoothly no matter what.

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!