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Question: what kind of effect 0 house edge can have on your winning result?
a lot
medeum effect
a little
i have never gambling with 0 house edge!

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Author Topic: How much is the effect of house edge (0 or 1+) on your result  (Read 937 times)
neochiny
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October 05, 2016, 11:40:55 PM
Last edit: October 07, 2016, 05:35:24 PM by neochiny
 #21

i saw this topic about finding a gambling site with zero house edge and it got me thinking.
how much do you think 0 house edge is going to change your stats (win/lose)
obviously, you have a better chance of winning when there is 0 house edge but what do you think your result would be in long term if the house edge was 0 instead of 1% for example?

I saw that topic as well.
No. I don't think 0% is gonna make much of a difference over .05, .08, 1%. Over the long term, it may tip the win/lose stats but, it would still depend on how we play.

There would be other things to consider as well since it's either offered by a reputable/known site as a promotion/event or a very new site claiming to have 0% HE. Now if it was a promotion, then ok.

On the other hand, if it was a very new site/unknown claiming to have 0% HE, first thing to come to my mind is "shady". Makes me wonder, where they'd take their revenue from if not from HE. Are they just gonna bank on players always losing?
(I think they'll either 'fix' things to make sure of win/loss ratio or just find some other ways to take my coin.)
I'm not gonna gamble on that.


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Superhitech
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October 06, 2016, 04:44:52 AM
 #22

i saw this topic about finding a gambling site with zero house edge and it got me thinking.
how much do you think 0 house edge is going to change your stats (win/lose)
obviously, you have a better chance of winning when there is 0 house edge but what do you think your result would be in long term if the house edge was 0 instead of 1% for example?

I saw that topic as well.
No. I don't think 0% isn't gonna make much of a difference over .05, .08, 1%. Over the long term, it may tip the win/lose stats but, it would still depend on how we play.

There would be other things to consider as well since it's either offered by a reputable/known site as a promotion/event or a very new site claiming to have 0% HE. Now if it was a promotion, then ok.

On the other hand, if it was a very new site/unknown claiming to have 0% HE, first thing to come to my mind is "shady". Makes me wonder, where they'd take their revenue from if not from HE. Are they just gonna bank on players always losing?
(I think they'll either 'fix' things to make sure of win/loss ratio or just find some other ways to take my coin.)
I'm not gonna gamble on that.



0% house edge is simply not feasible if it's not a PvP game. In PvP games, they can have 0% house edge as the house takes a cut of the player's winnings or deposits.

People are saying that 0% won't make much of a difference, but in reality, it does. No house edge means you have exactly 50/50 chance of winning if you bet at 50/50, which makes it possible for the gambler to profit in the long run. That's why there is a green slot on roulette, it's so you can't have truly 50/50 odds. You can read more about it here.
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October 06, 2016, 05:43:43 AM
 #23

i think in games that we are playing like dice games, the house edge is not so effective in the final result. i have tested this theory a while back on a dice site that was new and was offering a 0% house edge as promotion and i got the same losing streak that i get when playing 2x and martingale.

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October 06, 2016, 07:35:00 AM
 #24

i think in games that we are playing like dice games, the house edge is not so effective in the final result. i have tested this theory a while back on a dice site that was new and was offering a 0% house edge as promotion and i got the same losing streak that i get when playing 2x and martingale.

having  0%  house edge would  not affect or  increase your winning chance when you are playing  gambling  because  the results would be still the same. 0% house edge means  that is the  percentage taken  by the  house in each bet thats  why they are  profitable   in each  bet youve made.

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October 06, 2016, 08:07:05 AM
 #25

If casinos offer 0 house edge or minus house edge, players will bust the casino in the long term, it effects a lot.
RoommateAgreement
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October 07, 2016, 05:13:20 AM
 #26

i think in games that we are playing like dice games, the house edge is not so effective in the final result. i have tested this theory a while back on a dice site that was new and was offering a 0% house edge as promotion and i got the same losing streak that i get when playing 2x and martingale.

having  0%  house edge would  not affect or  increase your winning chance when you are playing  gambling  because  the results would be still the same. 0% house edge means  that is the  percentage taken  by the  house in each bet thats  why they are  profitable   in each  bet youve made.

i bet you didn't understand what you said yourself Cheesy

the chances to win obviously change with 0% house edge. it is about 0.5%change in the chance to win and although it is small but it is still a change that can affect the resul.

and this is why i voted for a little.

Buying the dip...
Herbert2020 (OP)
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October 10, 2016, 06:01:11 AM
 #27

The results of this POLL has been very interesting so far with everything in a balance!

but it is still not enough to make a decent conclusion about what everybody things since the total number of votes are too low.

so please Vote if you haven't already so we can reach a better conclusion.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
victoryboy
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October 10, 2016, 10:17:17 AM
 #28

I don't think it can have any impact over my results. House edge is charged for covering the running costs and other stuff which covers many thing related to any casino. It is not going to increase your chances since people money is divided among them. House is going to be effected in this case. Sports betting is biggest example where with zero house edge still we loose bets.
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October 11, 2016, 02:52:43 PM
 #29

House edge believe it or not effect the game allot because the casino still has the advantage so from the beginning you are in a position to lose.
It is a fact that most people lose more times so it is not weird that it has an effect on the outcome.
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