Coef
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July 17, 2015, 07:43:07 AM |
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Hi - what are the dice sites that have the lowest house edge. We from Fairlay want to add some dice games to our betting exchange and we basically want to offer the best value available.
If you are planning to create a dice game, my advice to you is that you should not focus too much on the house edge. If you check the most popular dice sites out there, you will notice most of them are actually have 1% edge rather than some very low value. Instead you should focus more on building a good community, good support service, good UI, regular promotion, bonus and contest, etc.
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srgkrgkj
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July 17, 2015, 08:29:51 AM |
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Quantumdice have the lowest house edge only 0.01% for a limited time. https://qdice.netyep that's the lowest ive seen in a long time standered house edges are @ 1% so this is much lower and should allow you to have a better and realistic dice experience ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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subSTRATA
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July 17, 2015, 08:31:52 AM |
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Hi - what are the dice sites that have the lowest house edge. We from Fairlay want to add some dice games to our betting exchange and we basically want to offer the best value available.
If you are planning to create a dice game, my advice to you is that you should not focus too much on the house edge. If you check the most popular dice sites out there, you will notice most of them are actually have 1% edge rather than some very low value. Instead you should focus more on building a good community, good support service, good UI, regular promotion, bonus and contest, etc. +1 to that; house edge shouldnt matter that much; primedice has the standard house edge of 1%, which is high compared to some of the other sites now that offer edges comparably lower. however, PD has a great UI, many features, and a big community, which is why it is and will likely continue to be the most popular dice site around. they could work on their support though...
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twister
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July 17, 2015, 08:36:49 AM |
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Hi - what are the dice sites that have the lowest house edge. We from Fairlay want to add some dice games to our betting exchange and we basically want to offer the best value available.
If you are planning to create a dice game, my advice to you is that you should not focus too much on the house edge. If you check the most popular dice sites out there, you will notice most of them are actually have 1% edge rather than some very low value. Instead you should focus more on building a good community, good support service, good UI, regular promotion, bonus and contest, etc. ^This and the most important part, make it provably fair, that's the first thing you'll be asked when you open it up for business and bonus and contest are just the best way to promote it, it keeps a lot of players interested in the site, same goes for community, if they hang out at site they're gonna play.
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BigMac
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July 17, 2015, 09:19:55 AM |
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If you already have a casino, at least is what i understand from your post, you shouldnt be too concerned about adding a dice game and what variables to use, a house edge of 1% would be more than enough, you wont be able to attract too many people anyways because there are already enough dice sites that are really trusted
Well - we have a betting exchange. Actually by far the biggest Bitcoin betting exchange. Our highest revenue is on sports: https://www.fairlay.com/event/category-decimal/soccer/However - we decided to add a dice game as well. But from the way we build it you can clearly see that we have the betting exchange background. It is clearly not our main focus, just a small addition. We will provide liquidity at 0.15% house edge. If user want to do pure PvP they can even reduce it to 0%. https://www.fairlay.com/event/category/fun/all/all/0.15% would be attractive enough IMO. But as the above users said, you need to work on site features to make a successful site.
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Hexcoin
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July 17, 2015, 09:39:32 AM |
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Quantumdice have the lowest house edge only 0.01% for a limited time. https://qdice.netthat is only a promotion and their real house edge is 1%, shouldn't be suggested thou for me it is safedice having .5% house edge
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fairlay (OP)
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July 19, 2015, 12:27:28 AM |
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If you already have a casino, at least is what i understand from your post, you shouldnt be too concerned about adding a dice game and what variables to use, a house edge of 1% would be more than enough, you wont be able to attract too many people anyways because there are already enough dice sites that are really trusted
Well - we have a betting exchange. Actually by far the biggest Bitcoin betting exchange. Our highest revenue is on sports: https://www.fairlay.com/event/category-decimal/soccer/However - we decided to add a dice game as well. But from the way we build it you can clearly see that we have the betting exchange background. It is clearly not our main focus, just a small addition. We will provide liquidity at 0.15% house edge. If user want to do pure PvP they can even reduce it to 0%. https://www.fairlay.com/event/category/fun/all/all/0.15% would be attractive enough IMO. But as the above users said, you need to work on site features to make a successful site. We will keep our main focus on the betting exchange. However, it was just meant a small addition for our customers. And as we are proud that we offer the best sport bet odds in Bitcoin: http://www.bitedge.co/sports-betting-tools-and-resources/best-odds-sportsbook-rankings/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F2HeGfFR.png&t=665&c=UsR1KrDxtgRSsw) we also want to make sure that our dice game has the lowest house edge of all sites.
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www.fairlay.com - the Bitcoin prediction market - the future of reliable information
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ticoti
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July 19, 2015, 02:41:52 AM |
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I have seen quantum dice has 0.01 house edge ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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subSTRATA
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July 19, 2015, 02:43:16 AM |
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I have seen quantum dice has 0.01 house edge ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) i think that edge is a temporary promotion, dont know when its supposed to end though. correct me if im wrong on that first part, not 100% sure.
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Stars
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July 19, 2015, 05:34:08 AM |
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When I see a website offering a really low house edge, it puts me off completely. It just screams SCAM imo. Anyone else feel the same way?
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jambola2
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July 19, 2015, 05:58:14 AM |
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When I see a website offering a really low house edge, it puts me off completely. It just screams SCAM imo. Anyone else feel the same way?
Not necessarily scam, but it really isn't feasible. 0.1% house edge just means one tenth the revenue. But the thing is, in the sea of 1% house edge sites with better features and better reputations, they might make almost no revenue in exchange for some traffic.
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No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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PenguinFire
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That Darn Cat
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July 19, 2015, 06:38:38 AM |
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I think Dada dice has the lowest at this time. Their house edge goes down based on your "level" on the site that is based on how much you are played. It can get down to like .90 of a percent I believe.
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subSTRATA
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July 19, 2015, 06:43:57 AM |
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When I see a website offering a really low house edge, it puts me off completely. It just screams SCAM imo. Anyone else feel the same way?
not necessarily, it just means the site is prepared to make less profit in the long run. the lack of profit is usually in exchanged for more traffic as players are attracted by the lower house edge. maybe youre thinking "scam" because of how 999dice turned out.
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Shogen
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July 19, 2015, 06:47:13 AM |
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I think Dada dice has the lowest at this time. Their house edge goes down based on your "level" on the site that is based on how much you are played. It can get down to like .90 of a percent I believe.
FYI: 0.9% isn't that low. Apart from a number of new sites offering very low house edge, safedice offers a 0.5% house edge as long as your bet profit < 0.25% of house bankroll.
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Stars
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July 19, 2015, 07:38:48 AM |
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When I see a website offering a really low house edge, it puts me off completely. It just screams SCAM imo. Anyone else feel the same way?
not necessarily, it just means the site is prepared to make less profit in the long run. the lack of profit is usually in exchanged for more traffic as players are attracted by the lower house edge. maybe youre thinking "scam" because of how 999dice turned out. Yeah that's possible. I've heard a lot of bad things about them.
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PvP
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July 19, 2015, 09:13:52 AM |
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Havelivi
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July 19, 2015, 09:39:52 AM |
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Low house edge does not give you guaranteed success because i have busted at new dice site with 0.01% house edge so if you want to play than play with that what you can afford to lose.
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subSTRATA
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July 19, 2015, 10:00:11 AM |
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Low house edge does not give you guaranteed success because i have busted at new dice site with 0.01% house edge so if you want to play than play with that what you can afford to lose.
I think the edge doesn't matter too much for people that just use martingale, those "strategies" will go bust eventually low house edge or not.
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maku
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July 19, 2015, 10:19:53 AM |
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In some day i have play to crypto.games.net with 24 hours promo 0% bankroll, in the last month, for 2 day i have play with 0%
If you mean 0% house edge , then its highly unlikely as that would mean casino is relying on pure luck , so they can win or lose just like a gambler would. I am sure they won't want to gamble on that. 0% house edge is unaffordable for a long time for any competitive casino. 0% house edge could be maintained only as short time promotional event. Casino is not charity organization but company which need to generate income to survive. There are casinos with varying house edge starting from 0.5%. Lowest standard house edge casino is probably Rolling.io. with 0.8% but am not sure as many new casinos appeared out there since I last checked but I haven't tested it.
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