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Time to give the gambling power back into the people's hands !BTC

Time to stop dreaming and understand that even the standard 1% house edge for dice is way better than any house edge you'll find in a non-Bitcoin casino. And forget about house edge in normal offline casinos.

But you should check out all the big dice casinos here. Take into account player loyalty (big faucets big rains, for example), wagering contests and other types of bonuses, and you find that 1% house edge can slowly go near to zero, if not positive.

Promotions also I have seen sometimes bring house edge to 0. I believe it was BetKing or one of those big dice sites that also reduce edge as you play more?

just use dice-bet.com with 0.7% house edge

lol Mirae, like slaman said, 1% is probably the best house edge ( or ever lower than that ) you'll find.

Otherwise www.edgeless.io It needs KYC though I'm pretty sure.

To be honest, I don't really think it was BetKing, but I think bit-exo you can reduce your edge there. I'm not sure how you do it, never played.

At Yolodice, there is a ETH wagering contest going on, and first place is +EV,

because 1% of 756 = 7.56 ETH ( should be towards the house ) and the first place prize is 8.43 ETH at the moment.

Why in the world would any site be 0%? Gambling sites are made to make profit, and if someone told me that their dice site had a 0% house edge, I'd automatically assume that it is a scam

You are welcome to start such a site  ;D

It probably wouldn't help the player much anyways, at least not to increase the bankroll at the rate people want to increase it.  Would help to stay even over long periods of time flat betting, and give more life to systems.  0% edge is not a window to unlimited profits, and it would be hard to convince investors in purely gambler's ruins casino, where the bank has more money than the player and therefore has an advantage.  Plus a player can come in with more money than a casino as well.

You can't find a zero house edge in the current time, you will find nohing if you keep trying that because this is a business model and both party will try to get profit so if there is zero house edge, where are they trying to get profit? Anyway for current situation dice-bet have offer 0.7% house edge which is the lowest you can get. Except there is event like I participated before, they offer 0% house edge but only limited time

You'll only find 0% house edge on promos from dice sites.

Just go for casinos with house edge below 1%, which is a fair share in the crypto dice world, but remember to take a look at their fairness. Check their official thread, check reviews, look if people can withdraw without any problems and most important: look at their provably fair system and how rolls are generated.

Roll high and win big. Good luck. ;)

0% house edge means the casino doesn't earn money from players/gamblers. Casinos are here to make profit, nothing else.

0% House Edge? Then these things would really be good just on promotional period and ive seen older gambling sites do able to offer this one but having a duration. I cant think off that someone do put a gambling
business and wont really put up a thing on where he do make money and thats the way of HE.If we do talk about on having nothing then how they would sustain? considering that maintaining just the site is already an expense thing.

Nope it is not that simple to conclude in that kind of thinking and it does not mean that Casinos won't be earning anything from the gamblers, it just simply means that the advantage in their bets are taken away from them, in short the game is even for both the gambler and the casino during their standard bet on their 2.0X multiplier. In standard dice sites during the 2.0X bets of their gamblers they have the edge usually at 50.5% meaning the gambler's chance of winning the bet is slightly lower at 49.5%

I hardly ever see dice games or casinos in general with a 0% house edge, and that's for a good reason- having a house edge assures the casino operator that they'll be making a profit in the long run as the odds for a player to win in a game like dice are less than 50%, and so there's less risk as a result of this to the operator. Some sites or projects may temporarily have 0% house edge starting out to attract users, but this period of low edge usually doesn't last, and I haven't seen such a site in quite some time. The problem of a site not having reputation and possibly running off with your money can also occur with newer casinos, so keep this in mind.

Are you going to do that? Gambling power is not in casino's owners hands, not into people's hand but both of them share some percentage. You can't find zero house edge as it was already mentioned but some websites run this type of promotion where they lower house edge, I have seen it on 0.5% but can't remember if anyone had zero percentage for a while (yeah for a whilr because long term is a huge stupidity).

I heard some dice game before with 0% house edge but they turn into scam and mostly gambling with 0% house edge are scam.
I advise you to stop looking for 0% house edge dice game and try other games instead like poker which is a base game skill.

Just want to share what I experienced playing dice game before. Honestly, it's hard to win this game and only a few people are lucky to win a big amount. However, in my experience, I win but in a small amount after that, I play again in the next day and test it again with large bet but instead of making more profit I lose them all.
So I suggest you play other gambling games than dice game.

It costs a lot of money to maintain and improve a decent gambling service. The only way something sustainable that offers no edge will work is if it runs itself (smart contract) and is PVP. This will have a lot of shortcomings like the fact that users might never be able to find another party to match their bet and play against them. The margins of casinos are lower than you think after affiliate, bonuses, marketing, administrative costs, salaries. It really isn't that unreasonable that edges in the bitcoin scene linger around 1% for some pretty impressive services while normal casinos can be up to 15%.

In my opinion I think a casino could be profitable with 0% house edge. I am pretty sure most of their large gains are mostly due to fear of the gamblers who risk too much.

However the reason why they can't exist is due to bots. Since the house edge is 0, the bots would be all over the dice site and basically do nothing but cause lag.

There are times when there is a legit dice site that offers 0% house edge and that's usually a promotion. Anyone other time its usually a scam site like we were proved before in the past.

Thanks for that clarification, I cannot remember the exact dice site, but it had a leveling system where the more you wager, the higher your level, just like at most dice sites. But instead of higher faucets, or higher rain, or higher rewards, they gave you lower dice edge. It was one of the big sites, I simply can't remember it.

Bit-Exo I played there before, I don't ever recall the house edge being lowered, but yes like I said and if you point out: wagering contests especially are how you gain +EV... the problem is you have to compete with others and if you get knocked off in final days, you screwed ;)

What about EOSBet?

How would they run the casino without house edge? If there is a casino with 0 house edge, it would become a scam sooner or later. There are casinos which offers low house edge (lower than 1%) for particular games take Stake for example.

I think it's every casino which offers a 0% house edge must be a scam, even if they have a promotion period with limited time of profit. why someone would work without profit especially in the Gambling industry. Also, I think 1% is more than modestly and that would not be the first pick in the choice in which casino I will play.

Well a house egde of 0% wont bring you anything in the long run. Playing marginale you can still get a big red streak.

Dont generalize like that, bitsler had 0% house edge promo in the past but were they scamming their users using the promo? Obviously NO. 0% house edge does not mean that players will always win, players will only get higher winning chances but still players are risking to lose all their money. Indeed the promo was not for long period of time, it was for an hour promo only IIRC but it was really great promo.

Try the Edgeless Casino which is Ethereum blockchain-based. They said they can prove zero edge mathematically correct.

Tell me, why would any casino operate a game with a 0% house edge? Even a smart contract needs gas to operate so there has to be some fee deducted.

Are you completely delusional into thinking that it costs zero money to operate a casino? Explain to me how promotions, marketing, operations and customer support are maintained if this is the case?

Next time you'll be asking for a roulette wheel with no zero.

Yeah, if we use that logic, then for sure every +EV promotion is a scam. And every giveaway, every free gift, is a scam. It's called marketing! Promotions in gambling work to attract players for a chance to win something with the odds in their favor. The hope is that these players return or continue to play after the promotion. And a chance just means a chance. Plenty of people still end up losing with odds in their favor. The house bets on players playing long enough for variance to get them busted.

I think we don't have to search of 0% house edge dice games because I think it's difficult and better to find at the recommend gambling site. Besides that, I think we don't have any chance to win much money in dice games although we have a good strategy unless we have luck in the game. So for me, I don't mind to play in the other gambling site and don't think about anything else except to play the game.

Oh, its a hot topic and I like this.
I talked with my friend about dice with 0% home edge.
And we stopped in opinion, it can a profitable, if dice use cryptocurrency with 0 issue and creators of dice have a peace of fee on transaction.
Exampe: Jack have 30% hashrate of DiceCoin. And he create dice with 0% home edge. Luca will be a player. And Luca replenish wallet in dice. He pay 0.001 coin for transfering coin. And Jack got 0.0003 coin. You think about this?

No dice site owners would want a dice game that doesn't have house edge at all. I'll ask you this question op, are you willing to run a dice game site without earning a single profit from it?. Let me guess, your answer would be a big "NO". Well, you can find a site that has low house edge like 0.8% or 1%.

the power hasn't been into people's hands, ever

I don't think it will work. Players deposit once in a while just when their deposit wallets run out of money. Fees collected will not suffice to pay the casino's expenses.

I think the dice on Coinpot has 0% hedge, because all numbers count but I'm not sure if it doesn't earn money in another way.

In theory the operation could charge a fixed cost or buy in and then you have a level 0% to gamble with but that does mean the greater the bet size the more risk the casino or website is taking on.   Liquidity or floating the capital risk each day is a cost to them and the more people that bet, the bigger the cost to find that capital so percentage costs make sense tbh.

If the coin he's mining had enough value and at the same time have hundreds of players then it's possible for him to sustain a dice site with no house edge.

If deposits are fixed in certain amounts(like chips) it could work since they're forced to deposit multiple times but this would only discourage gamblers from playing longer because they're getting less before they're able to gamble.

Wait, what is the use of house edge?
It is like additional odds favoring the gambling site?
For example, if you set your win probability in 50%, then the gambling site will cut 1% in the 50%?
That's how I understand the house edge, please help me to understand if I was wrong.

Its funny how you do not understand what a house means and yet you are here promoting a gambling site through your signature space.. very funny and interesting indeed.

Yes, that's why I am here in the forum to learn those things, and there's no such things rule about on my signature campaign about that house edge. I'm here to make discussion and learn from other people, if you can't answer properly my question, then it's much better to shut up or ignore my post.
I think, asking some question is not funny compare on just spamming here in the forum with some useless topic.

It’s just wishful thinking mate  ;D, there is no dice game that has 0% house edge ever unless you make one for yourself. House edge is like the bread and butter of the gambling sites meaning they can get profits through it’s house edge thus, no businessman/owner of that gambling site will ever make a gambling site that has 0% house edge.

Hmmmm it would be very nice if a site or casino has 0% house edge but sadly, I haven’t encountered any gambling sites or casinos that offers 0% house edge even when they have promotions the house edge tend to lower but it has never reached 0% house edge. I think if you want to have a dice game that has 0% house edge then you’ll have to create one for yourself and you are welcome to share it to us  :D. Kidding aside, please bare in mind that having 0% house edge will not give you any profits so it'll be a waste of your effort.

AFAIK, no game dice that 0% house edge.

nothing is truly free in this world, the Gas fee is also needed to return it to the people.

I don't think there is anything wrong with the question!!  because the signature job does not require workers to understand gambling in detail.

I remember that the Edgeless (EDG) project got the attention of gamblers because, from its name itself, they are promoting a house without edge, a 0% house edge to Edgeless Casino. What they are offering is risky yet attractive and if I am not mistaken they were able to raise millions of USD in their ICO. They are just probably banking on human error in gambling, which includes being greedy of course. But the Ethereum-based project looks dying today. Whether its 0% casino has something to do with it, I am not sure. The volume is almost hitting rock bottom as well.


In its simplest terms, it is the source of income of casinos.  ;D

A casino needs money to be built, maintained etc. Giving you a game of 0% house edge means the casino and you will have equal luck when betting which will be unfair since as a free player, you don't have any expenses to cover while the casino has to. And with a few lucky players, the casino will go bankrupt and no casino would want that xD

Yep, that is right. They will get revenue from the house edge. Zero house edge which means high possible of scam or having shady services.
As far as I know, there is currently running a gambling dice site that has the lowest house edge on this forum, which is crypto-games.net. If I was not mistken that is 0.8% house edge. I prefer to use a gambling site that has a 1% house than using 0% house edge that high possibility of losing money.

Refer to this link for the dice gambling site's house edge, https://bitcointalk.org/index.php?topic=2097255.0

0% House Edge on dice exist for promotional purpose only. I remember there were some sites offered 0% house edge for limited time, they are Bitsler and Crypto-games IIRC. It is impossible to see a dice site with 0% house edge if not for promotional purpose as house edge is the way how casinos make profit.
I also remember that there was a site called by ZeusDice that claimed to have 0% house edge but I do not think it was legit site and the site gone faster. If there is a dice site with 0% HE not for promotion then I will not even try it because it sounds fishy as it is too good to be true.

That's not gonna happen, it's like you are giving a service with asking in return, it's a big no in business venture.

We know that casinos operate for a profit, they are not a charity institution, therefore they cannot grant that kind of wish.
even if the sportsbook have 10% juice in the odds, so we can expect that even if less 1%, the dice sites will still have that house edge installed in their system.

I want run a dice game site with 0% home edge  ;)

You count relation of total wager and deposit. Start contest and wait the comission.
If dice look like a 999dice or 1dice, maybe you will have a profit))

1% HE is already a standard nowadays on most popular gambling sites as of this moment specially with Dice platforms.Yes, crypto-games do have the lowest among all excluding that safe-dice which do had 0.5% but still not recommended to play into that place due to some various issues so it means it not counted among on the selection. 0% is just a dream because no gambling site would tend out to have this kind of set-up because we know that they do only get out some profit with that house edge thing and if they do operate without those numbers then its impossible for them to sustain of yet we know that there are websites expenses and other some related stuff.

I don't think that you are going to find a casino with 0% house edge.
They need to make some profits as well in order to provide you the experience of gambling on their websites. Operational, development costs etc are need to be paid somehow, so the house edge is important.

Well wish you with luck for that. But like people arleady said, you must think other way how to cover your site expenses by running 0% House  Edge (ex promoting advertize on your site)

If you only copy other's dice game design, you will be only called by copied dice game. Why you need to copy scam site like 999dice?

There will be specific house edge for every game, and this varies between the gambling websites as well as with the games. Some games get o. 5% House edge and in most cases dice will be having 1% house edge. Just because a website has got zero house edge you won't be getting wins on all the rolls. Think of the house edge with sports betting, you can't make a win out of it as you predict.

1% house edge is the most common nowadays. But there are also a handful of dice sites which offer lower. Crypto-games, as you have mentioned is one. They have 0.5% house edge. I don't have a problem with the site. They even have a clean account here, as compared to other gambling sites that have red tags. Just like crypto-games, safedice is also offering 0.5% house edge. Megadice is also offering lower than 1% house edge. They have 0.9%. And if you are regularly following Bitsler's offers, you might chance upon a 0% house edge offer for a limited period of time.

Afaik Cryptogames has 0.8% House edge. I won't recommend to gamble on safedice although they offered you 0.5% house edge (kinda low from other gambling sites) since they still have problem with their site (admin goes offline since a year ago, their main account also hasn't active on here anymore).

That is the problem of some sites who are offering a lil bit lower house edge than others. They couldn't maintain the operations or let's say, they can't cope up with the competition. Even though they are offering lower house edge, yet, the sustenance is quite hard especially if you have no sufficient bankroll on hand. So I would say, sometimes it is better to play with known sites even if they are offering like 1%, but you know for sure when it comes to payout, you will have no problem at all.

Actually safedice has been establised for more than 2 years before it turned to like this. At that time, they was running smoothly without any problem from player and there was an user who won more than 100 btc on there (afaik they successfully cashed out). So with that fact i doubt if the reason why they aren't active anymore because of low house edge they offered.

Lower house edge is much more better than having no edge at all where you cant able to pull up funds either on users win or maintenance of the site.
100 BTC win would surely wreck em up if their entire bankroll isnt really that too big but they should at least put up some max winning on a small percentage if they
do really like for their business to last longer because if they would continue it out then it wont really be a sustainable one.

Maybe it was a long time ago where the price is not just like now or during in a bullish trend. The price before compared today is way too cheap but still it's a lot of money someone actually win it.

On the other hand, having 0% house edge is impossible to grow in the long run especially if they have a lot of players. It would be better if they have at least 1% house edge to sustain their maintenance fees on the site. Zero house edge would lead to bankruptcy.

Sounds you are right, thats why commonly all kind of gambling sites that has a 1% house edge. I don't think how to survive the gambling casino without a house edge, all fees are covered on that and at least the gambling site owner will keep the profit from house edge. If the scam site wanted to tempt gamblers and one of their victim they will lower the edge but actually they are not safe.

The only way you can get 0% house edge is through short term special promotional offers, and possibly with arbitraging opposing bets but that does not pertain to dice games you are inquiring about.

You have to come to terms with the reality that a casino or a website cannot exist as a business / service without a for-profit business model...

Tell me, in 1400 year, moneylender thought about 0% comission of credit? They are gived credit with 4,5% yearly rate. And they dont knew, why credit with 0% comission maybe profitable... But my bank upper my overdraft level without percent in card. Magic? And maybe I make tools which make dice with 0% HE profitable ;)

Casino's target is to have a profit like it or hate it, the house always win, and I think the 1% house edge is not that bad, if you are just a casual gambler actually that is good because when you go to physical casino's their edge is likely to be more that 1%. The fee is low there's no hassle when you are going to cash-out your money you can play anytime anywhere so I think that is actually good and not that bad. So 1% house edge for me is all good.

There's no magic in that, if they don't charge any fee in your credit card then they certainly are profiting on other things. Casinos could change one of their games house edge to 0% if they're very desperate for players, volume, etc. but if they want their casino to last longer they need to at least have games with an house edge or profit somewhere else( like selling ad slots on their site or charging withdraw fees).

i saw someone on gambling board that promotes thier gambling site with a zero house edge .  i forgot thier site name but they said the site was still under construction  . maybe that is thier way of promoting it so that they can expect to get a lot of  costumers but we dont know if they are legit or just only a scam because i dont  see any legit zero house edge gambling site so far that is working properly till today  .

yes  . this is what popular casino/gambling sites are doing .  we can see that they are still alive right now but they still have an average of 1 percent house edge .

I think if dice have a specially coin for betting, it maybe profitable without HE

I also think that way, I don't know how a gambling site will survive if there is no house edge, I am not that old in playing gambling, but a house cannot stand without an edge, and besides, running a gambling site and promoting it needs a big funding and house edge is the only to generate funding.

Maybe if dice a tool for promoting cryptocurrency, then it a may exist in long therms? ;)

Gamblers do understand that its normal for a dice site to have a house edge, if they don't have an edge, they will not literally play because they know that site could be a scam site and its' not provably fair. Dice sites have been increasing because they see people are enjoying his kind of game, hence it brings profit to the business and people are aware that there is a house edge but they gamble hoping their luck would help them to win.

Ans: In the graveyard.

Actually they are still operational nowadays but only for those sites that makes 0% as a promotion just like this one;

https://i.imgur.com/UDTa3kA.png

No casino would last if they wont profit out.So they would decide to charge up if they would plan to last even longer.

The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.

We have seen platforms that do offer out that p2p system which its really on 50-50% chance on winning the game but these platforms do only
take advantage neither on the fee or commission anytime a certain user tends to make withdrawals in the site.It would really be just similar to house edge
but its just a normal thing for them to impose such deduction because just like on what majority are saying here that a site wont last if they dont able
to compensate the spendings or expenses on maintaining the service.

I think, exist a methods, which dice with 0% HE has been proftitable. If dice sell stablecoins for bet and investing in low-risk tools.

I am waiting for you to start a gambling site to give the power to the players and i think that you will be having a trillion dollar with you before starting a gambling site to give out free money to the players  ::) :P. People are starting business to make a profit and not to give out free money for people, money is not grown in trees and if you understand that basic you will not dream about something like this.

I've never seen any dice game that doesn't have any house edge since that is not how the game supposedly works. Dice game should always have the middle man and that middle man is their opponent in which peer to peer won't work since it's not a one to one type of game. Peer to peer gambling is applicable I think only for betting such as sportsbetting since you only need to find another person who bets against your bet, otherwise it won't work.

lol correct. A lot of people think gambling sites are philanthropic institution but it's just their business earning money.

couldn't agree more, we are working on that :)

Please read our thread at gambling with the red balls ;P

Just to inform everyone, as a promotional offer after our re-launch, Chain-Bet.com (https://www.chain-bet.com) is now operating on 0% House Edge.

Heads up to anyone who finds this thread, Lateplays has zero house edge dicing and coin flips!

Thread: https://bitcointalk.org/index.php?topic=5331298.0

You don't need to bump up this old thread that had been inactive for long months already and since you had created your ANN thread then that should be enough.

Just want to ask on how long you would decide to make this 0% house edge? Its impossible for it to go in longer because making profits is one of the main reason
on why you build up this business.  :P

Seen these 0% HE in the past but those are just on temporary basis.

I don't think it's going to be healthy for the casino to implement a 0% house edge rule, since it is where the house truly profits. If they would, I'm pretty sure that it will only be for a set period of time and not all throughout the gambling house's operation. Instead of looking for sites like these and risking yourself from scammers, just put your money on established sites which guarantees that you'll get your profit.