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Author Topic: What do you think about Casino with 0% Edge?  (Read 3692 times)
slaman29
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January 30, 2020, 01:50:13 PM
 #181

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.

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).

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AicecreaME
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January 30, 2020, 02:07:04 PM
 #182

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 .
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.

0% house edge is not totally a 0% house edge, it is just pure marketing, that is all. Gambling sites only says they are 0% house to attract players, because who wouldn't want to increase their chances on winning in gambling, right? You cannot basically called it a scam because they are paying you, the right term would be is that you've been "trick[ed]", you think you've outsmart them but to be honest, it is the other way around.

Therefore you guys will started to think why are you still losing even if they had 0% house edge, well, that is business, and it requires profits, so you have to be smart as possible in order to run your business in the long run.
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February 04, 2020, 06:12:03 AM
 #183

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.

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.

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February 04, 2020, 06:35:52 AM
 #184

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.

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.









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February 04, 2020, 06:56:29 AM
 #185

Haven't seen a casino with 0 house edge. One way or another they have to find other means of revenue or else they will end up being bankrupt. Casinos were able to sustain their business and expenses through the house edge. If there are certain games where they will imply 0% house edge they must have added it on other games' edge or get their revenue from promotions and ads or other means.

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February 05, 2020, 09:57:59 AM
 #186

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.

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February 05, 2020, 12:45:14 PM
 #187

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.
Gambling site or places is a business and making profit or money into its owner is by means of house edge.Imagine if this thing is absent?

You cant say totally that you can monetize your site thru advertisement or any similar means.Its not sustainable for long run and imagine that site
expenses arent cheap , from staff to maintenance - you will surely need some funds.

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February 10, 2020, 08:16:08 PM
 #188

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.

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February 11, 2020, 05:15:02 PM
 #189

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.
I have been at times in casinos where they as a part of promotion allow gamblers to place bets with no house, but obviously that is just part of promotion to get the gamblers rolling on their site and once they see that you are used to of the casino they will just increase the edge every so slightly you won't even know at first glance only until you notice your payouts are smaller than before.

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.
And they invest that earned amount to generate some lucrative offers that brings more customers which they won't actually get if even they work at 0 edge.

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February 11, 2020, 05:58:34 PM
 #190

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.


There have been several casinos that have zero percent commissions.

They usually run on a different payment model instead, such as charging on deposits or withdrawals, or requiring a membership fee to access.

I've even seen casinos that simply run on donations, but they never last long.

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February 11, 2020, 06:08:40 PM
 #191

Casino is a service company which has costs.

You may manage it, but it would be never have ZERO costs, so company has to have income (earns, donations..... fraud doesn't matter)

Nothing is free in this life.
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February 11, 2020, 06:22:37 PM
 #192

Who says they don't give any thing to us?
The environment part may be correct but the girls are still available for live dealings and you also get bonuses - around 100% deposit bonus and some casinos also offer more with some strings attached of course. Though, if it is a 0% edge and will give the same experience we get on casinos that have some house edge, then why will players not gamble there?
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February 11, 2020, 06:35:29 PM
 #193

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!
Me either, haven't seen a casino with no edge even though some provide free bets and other perks to reduce it or we can say to attract new customers. I sometime wonder even if casinos had no edge we would still end up loosing, imagine this as betting with your friend who has 100 times the money you have and you bet with him at equal odds, still I believe he would come on top most of the times.

Some casinos apply this strategy but even more smartly like they will allow a table of gamblers where they take no edge and allow people to gamble with each other.
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