QuantumDice9
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July 26, 2015, 08:53:08 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.net
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panjul07
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July 26, 2015, 09:31:13 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
Here you go to learn about house edge of casinos http://wizardofodds.com/gambling/house-edge/
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letyouearn
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Activity: 1722
Merit: 1014
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July 26, 2015, 10:02:09 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.netMeans if the house edge is 0% , the winning chances are 50 % ? What does it mean. Please explain me more. Though I am a gambling, but I don't have this knowledge of house edges clearly.
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subSTRATA
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Activity: 1288
Merit: 1043
:^)
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July 26, 2015, 10:04:28 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.netMeans if the house edge is 0% , the winning chances are 50 % ? What does it mean. Please explain me more. the edge is the % chance the player will lose automaticallym regardless of the outcome. example: on the old moneybot, what is not bustabit, the house edge was 1%. there was a 1% chance that the game would immediately end. in a dice site, a 1% edge translates into a 49.5% chance to win 2x. in between 49.5 and 50.5, a player cannot win; they lose automatically due to the edge.
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theres nothing here. message me if you want to put something here.
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letyouearn
Legendary
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Activity: 1722
Merit: 1014
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July 26, 2015, 10:10:08 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.netMeans if the house edge is 0% , the winning chances are 50 % ? What does it mean. Please explain me more. the edge is the % chance the player will lose automaticallym regardless of the outcome. example: on the old moneybot, what is not bustabit, the house edge was 1%. there was a 1% chance that the game would immediately end. in a dice site, a 1% edge translates into a 49.5% chance to win 2x. in between 49.5 and 50.5, a player cannot win; they lose automatically due to the edge. Now I understand whole things. Player winnings are totally depend on the casinos house edge. If the house edge is 0% player can win from that casino. Is it correct.?
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srgkrgkj
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Activity: 1218
Merit: 1000
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July 26, 2015, 10:38:54 AM |
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if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate
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letyouearn
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Activity: 1722
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July 26, 2015, 10:47:25 AM |
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if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me.
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srgkrgkj
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Activity: 1218
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July 26, 2015, 10:48:40 AM |
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hmm there are no real guides out there explaining all this but talking to a dice site operator like dooglus will get everything cleared up and I'm sure hes willing to help you mate
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siwakotisaurav
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July 26, 2015, 10:52:53 AM |
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if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me. Check this mate, panjul07 has posted it before . http://wizardofodds.com/gambling/house-edge/
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michael23
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July 26, 2015, 11:03:47 AM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.neti can tell your dice is pretty good, got nice profit there lol
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srgkrgkj
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Activity: 1218
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July 26, 2015, 11:05:35 AM |
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if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me. Check this mate, panjul07 has posted it before . http://wizardofodds.com/gambling/house-edge/thanks mate cant belive I missed that one I learnt some things myself about house edges etc from the site lol its concise and accurate and will get you on track to knowing your dice site inside out
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QuantumDice9
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Activity: 56
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July 26, 2015, 02:34:00 PM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.neti can tell your dice is pretty good, got nice profit there lol Yeah, nice rolls But play it safe, the negative EV always catch up eventually
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PvP
Member
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Activity: 102
Merit: 10
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July 26, 2015, 03:34:53 PM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.neti can tell your dice is pretty good, got nice profit there lol why don't you post your moneypot stats of the quantum dice win? this would give more trust regarding your statement > got nice profit there
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panjul07
Legendary
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Activity: 3472
Merit: 1352
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July 26, 2015, 07:33:56 PM |
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Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount. But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge. What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge. With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment. Come play at http://qdice.neti can tell your dice is pretty good, got nice profit there lol why don't you post your moneypot stats of the quantum dice win? this would give more trust regarding your statement > got nice profit there Sometimes people tend to keep their profit in gambling as a privacy. Of course no one knows what he said is true or not unless he share his moneypot account's username.
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superpanos2
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July 26, 2015, 08:02:34 PM |
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As people said there are some dice sites that are new here with encredibly low edge. However I suggest sticking with the old and trusted ones. Most of them run with a reasonable 1% edge!
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grendel25
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July 26, 2015, 08:20:15 PM |
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As people said there are some dice sites that are new here with encredibly low edge. However I suggest sticking with the old and trusted ones. Most of them run with a reasonable 1% edge!
The most important thing isn't really house edge. The most important thing is being responsible and managing your money in a mature way. Gambling, for most people, is an entertainment but since it's real money you need to be careful. Professional gamblers are a whole other story but many of the same rules still apply. Only gamble what you can afford to lose. If you stick to a good plan, you are more likely to keep at least some of your money and if you are lucky you could do even better.
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