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Author Topic: Dice roll -house edge.  (Read 754 times)
Sourgummies
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December 31, 2015, 09:49:25 PM
 #21

I'm not sure about what this "house edge effect" means, but I think that's just a bad luck streak.

They'll happen eventually after betting for a long time, and at the end of it all it is is statistics.

Perhaps by the "house edge effect" you mean the fact that you'll lose out on that x% of the time and that comes eventually?
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December 31, 2015, 10:00:15 PM
 #22

You are getting the house edge effect the longer you play so there is nothing special about having more continous reds because it is normal

What is the "house edge"-effect?

Whenever you're betting, you go against the odds of the house. If you win they lose, if you lose your money they win it. Statistically, the house-edge is a calculated percentage. If you roll your dice to infinity, the amount you will lose would be "Money_gambled x house-edge percentage". It's a guaranteed loss in the long run, you just can't outwin the house (theoretically speaking).

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January 01, 2016, 04:43:12 AM
 #23

This topic is about dice roll game.. I was getting good results by betting with bot.. but after 4 days it started to give more continuous reds than before..
I asked the bellow doubt in this forum in some other post.. then i got the answer , which i mentioned bellow.. I request the  members to please give your valuable opinion on this.


Question:
But i don't know why.. from the last 4 days .. i am getting more and continuous reds..may be my bad luck in this site..

Answer:
This is why they call it gambling and there is house edge so you will your money in long term. You are getting the house edge effect the longer you play so there is nothing special about having more continous reds because it is normal

I dont really get it what are you saying about this house edge effect. But I do know if you are getting more reds that means you are really not in a luck to play or may be you are using high odds so you get red that much. And about the house edge this will make you lose in the long run so if you keep on playing 4 days continously this will be bad because of the house edge you will lose to the house for sure
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