katerniko1
Legendary
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Activity: 966
Merit: 1000
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May 14, 2015, 06:16:41 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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May 14, 2015, 06:19:09 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit I think if you want to gamble and make -ev bets im fine with a dice site taking 1% or something, they make the game more fun. If you want to be a professional gambler dont make -ev bets.
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GrandmaJean
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May 14, 2015, 06:20:57 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose
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boopy265420
Legendary
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Activity: 1876
Merit: 1005
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May 14, 2015, 06:21:49 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling.
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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May 14, 2015, 06:27:59 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic.
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 06:30:39 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck
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unholycactus
Legendary
Offline
Activity: 1078
Merit: 1024
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May 14, 2015, 06:34:47 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return.
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 06:37:40 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact
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98problems
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May 14, 2015, 06:43:22 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact well if all players would understand that they cant winn all casinos money and if they wouldnt bet all their balance at once or something like that i think people could beat the casino then
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 06:49:38 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact well if all players would understand that they cant winn all casinos money and if they wouldnt bet all their balance at once or something like that i think people could beat the casino then that is not possible its in human nature that they are greedy and they want more and more
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GannickusX
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May 14, 2015, 07:03:19 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose Is not because they dont know how to play (there is no strategy for dice anyways, its just luck) and its not because greed. A 0% house edge would profit because unless you bet the same amount every time to be at 0 profit you would end up loosing using any other "strategy" like martingale or whatever you want to use
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arallmuus
Legendary
Offline
Activity: 2688
Merit: 1425
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May 14, 2015, 07:06:34 PM |
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Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic.
Zero edge doesnt mean that player wont be losing or winning while gambling.. In shorter means than it could be refer as a simple math statistic that shows how much a site will earn through the wagered value or how many percentage that you lost for everytime you bet. Playing as a gambler on a site with zero edge could be more profitable than a house with edge but still it is not a guarantee that someone will not lose to the house. On the other hand however, it is pointless to build a site with zero house edge since people are making gamble sites to earn something, thus having some edge is important to sustain the site
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98problems
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May 14, 2015, 07:07:11 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose Is not because they dont know how to play (there is no strategy for dice anyways, its just luck) and its not because greed. A 0% house edge would profit because unless you bet the same amount every time to be at 0 profit you would end up loosing using any other "strategy" like martingale or whatever you want to use there also is a strategy to use for example its better to make much more smaller bets than one all in bet, without it there could be much more strategies and martingale would work for a while if the player wouldnt be greedy
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 07:27:08 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose Is not because they dont know how to play (there is no strategy for dice anyways, its just luck) and its not because greed. A 0% house edge would profit because unless you bet the same amount every time to be at 0 profit you would end up loosing using any other "strategy" like martingale or whatever you want to use there also is a strategy to use for example its better to make much more smaller bets than one all in bet, without it there could be much more strategies and martingale would work for a while if the player wouldnt be greedy i will still stay with my theory a site with 0% house edge would profit enough for owner to make money and pay bills to keep it open
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iram91445
Full Member
Offline
Activity: 238
Merit: 100
★YoBit.Net★ 200+ Coins Exchange & Dice
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May 14, 2015, 07:39:31 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose Is not because they dont know how to play (there is no strategy for dice anyways, its just luck) and its not because greed. A 0% house edge would profit because unless you bet the same amount every time to be at 0 profit you would end up loosing using any other "strategy" like martingale or whatever you want to use there also is a strategy to use for example its better to make much more smaller bets than one all in bet, without it there could be much more strategies and martingale would work for a while if the player wouldnt be greedy i will still stay with my theory a site with 0% house edge would profit enough for owner to make money and pay bills to keep it open i think you are right though there can be whale players who will try to beat the dice site what will lead to looses
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 07:40:55 PM |
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In theory 0% won't give you any profit or loss, since it's 0% But, in reality even the site give you 0% house edge. Most people will lose because greed
But, if a dice site has negative house edge, gamblers might start making profit. But, some of them will lose because greed
0% hourse edge is good but nothing to be won or lost either way long term, often sites cant even make as entertaining a site due to lack of profits. 0% or very tiny house rake with p2p games is where its at. i dont agree i think casino would still profit of course they would because there are a lot of gamblers that dont know how to play they either loose everything because of greed or they just do rage bets to recover the losses what leads into even bigger loose Is not because they dont know how to play (there is no strategy for dice anyways, its just luck) and its not because greed. A 0% house edge would profit because unless you bet the same amount every time to be at 0 profit you would end up loosing using any other "strategy" like martingale or whatever you want to use there also is a strategy to use for example its better to make much more smaller bets than one all in bet, without it there could be much more strategies and martingale would work for a while if the player wouldnt be greedy i will still stay with my theory a site with 0% house edge would profit enough for owner to make money and pay bills to keep it open i think you are right though there can be whale players who will try to beat the dice site what will lead to looses that is why there is max bet allowed let's say 0.1btc for start or something like that
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newcripto
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May 14, 2015, 07:46:40 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact You are right even with zero house edge casinos or gambling sites still will earn profit from loosing hands.Let's say zero house edge will attract many players in this case.
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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May 14, 2015, 07:50:28 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact You are right even with zero house edge casinos or gambling sites still will earn profit from loosing hands.Let's say zero house edge will attract many players in this case. exactly thats my point
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Altcoin4life
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May 14, 2015, 07:50:47 PM |
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Can't do 0 they are casinos not charity crazy ppls.
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unholycactus
Legendary
Offline
Activity: 1078
Merit: 1024
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May 14, 2015, 09:42:37 PM |
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When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"
What if a dice site had no house edge? Then would it be able to profit?
What if a dice site has a negative house edge? Will we (the gamblers) start making profit?
I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling. Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic. that theory is not standing sorry. then is there is positive house edge people just lose money forever sorry but 0 house edge would bring lot more players to try their luck It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return. but the casino would still profit, no matter what its a fact You are right even with zero house edge casinos or gambling sites still will earn profit from loosing hands.Let's say zero house edge will attract many players in this case. exactly thats my point No they won't, are you seriously thinking people only lose and never win? Statistically, over a very big number of hands/plays/whatever, the casino makes around 0 revenue. There's only one situation where the casino would be making money : Casino has infinite funds and the players have limited funds.
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