Bitcoin Forum
April 27, 2024, 04:12:39 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Do you think any casino will offer zero/negative house edge?
Yes - 4 (13.8%)
No - 21 (72.4%)
I don't know/I don't care - 4 (13.8%)
Total Voters: 29

Pages: [1] 2 »  All
  Print  
Author Topic:    (Read 881 times)
ABCbits (OP)
Legendary
*
Offline Offline

Activity: 2856
Merit: 7407


Crypto Swap Exchange


View Profile
April 28, 2016, 09:47:37 AM
Last edit: October 18, 2020, 12:12:33 PM by ETFbitcoin
 #1


█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
1714191159
Hero Member
*
Offline Offline

Posts: 1714191159

View Profile Personal Message (Offline)

Ignore
1714191159
Reply with quote  #2

1714191159
Report to moderator
1714191159
Hero Member
*
Offline Offline

Posts: 1714191159

View Profile Personal Message (Offline)

Ignore
1714191159
Reply with quote  #2

1714191159
Report to moderator
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
altcoinhosting
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1005


View Profile
April 28, 2016, 09:50:47 AM
 #2

Do you think any casino will offer zero/negative house edge?
I mean offer zero/negative house edge forever, not when there's an event/promotion/giveaway.

Personally, i think it some casino will offer zero house edge forever.

Where will they make their money if they have 0 house edge?
Personally, i wouldn't trust a casino that did this, i would always have a gut feeling they get their money by cheating the gamblers.

emberbekas
Legendary
*
Offline Offline

Activity: 1904
Merit: 1000



View Profile
April 28, 2016, 11:33:32 AM
 #3

Do you think any casino will offer zero/negative house edge?
I mean offer zero/negative house edge forever, not when there's an event/promotion/giveaway.

Personally, i think it some casino will offer zero house edge forever.

I dont think they will do that. Sometimes a casino will offer 0% house edge but when there is an event or as promotion only. And they offer mostly will stay for about an hour or two. If a casino offer 0% house edege forever maybe I wont go and play at that casino since Im affraid they will do something bad with the system to gain profit due to they have no house edge(house edge is the main profit from a casino in my opinion).

RussianRaibow
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500

I AM A SCAMMER


View Profile WWW
April 28, 2016, 12:05:51 PM
 #4

There is no way any casino could possible run with a zero house edge (especially a negative house edge) forever.  It's called math.  They would run out of money to lose and go bankrupt.  How is it that you think a casino could give a zero/negative house edge continually?

I AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMER
DogecoinMachine
Legendary
*
Offline Offline

Activity: 2868
Merit: 1131


www.Crypto.Games: Multiple Games, Multiple Coins


View Profile WWW
April 28, 2016, 12:23:14 PM
 #5

We, at www.crypto-games.net are already offering 0% House edge on special promotions from time to time!

Last one was on April 8th (link)! To catch the next one you'll have to watch our thread or subscribe to our newsletter  Wink


█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
newcripto
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
April 28, 2016, 12:49:51 PM
 #6

I don't think on permanent basis any casino can offer zero house edge.Timely or for promotional purposes if there are offers that is other thing.Actually this is the area which is necessary for any casino to take out their expanses to be able to survive.House edges are already very low on many sites but zero will not be at least in near future.
NLNico
Legendary
*
hacker
Offline Offline

Activity: 1876
Merit: 1289


DiceSites.com owner


View Profile WWW
April 28, 2016, 12:55:59 PM
 #7

It is possible if the site makes their profit from advertisements (or potentially other sources.)

I think it generally would be too risky for a game vs the house, since they would need to risk their bankroll and could be easily screwed because of variance. So I don't think you will see zero/negative house edge often.

But it makes more sense for a game which isn't vs the house but vs other players (so also no negative house edge, but break-even/profitable edge for players.) A clear example would be PevPot, which had advertisements and provided a EV+ game for players. Still this game didn't really become popular (and stopped) so it shows players don't really care about their edge.

BTCevo
Legendary
*
Offline Offline

Activity: 1834
Merit: 1008


View Profile
April 28, 2016, 01:57:24 PM
 #8

Do you think any casino will offer zero/negative house edge?
I mean offer zero/negative house edge forever, not when there's an event/promotion/giveaway.

Personally, i think it some casino will offer zero house edge forever.

Actually what is the point of having this question? This is just so absurd, there is so many people already that gamble using 1% house edge or even more so why do they want to make it lower than 1% or even zero house edge? Having such thing will be disadvantage to them so why they want to do this if many people want to play on higher house edge? This will waste their time and effort
Metadextrous
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
April 28, 2016, 02:00:42 PM
 #9

Do you think any casino will offer zero/negative house edge?
I mean offer zero/negative house edge forever, not when there's an event/promotion/giveaway.

Personally, i think it some casino will offer zero house edge forever.
Honestly, i don't really care about the house efge because i only gamble when i feel like it and want to play with my money. So profit or not doesn't really matter.

That aside, i think there will never be a casino that always offer zero/negative house edge because they got their income from that house edge.
Shinpako09
Legendary
*
Offline Offline

Activity: 1974
Merit: 1015


Leading Crypto Sports Betting & Casino Platform


View Profile
April 28, 2016, 02:07:49 PM
 #10

Eventhough house always win in gambling I dont think there will be a casino that will offer zero house edge forever. Thats way to risky on the part of the owner.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
April 28, 2016, 02:36:26 PM
 #11

well i think house edge is the edge that the house need to have over the players just to secure the "house always wins" unwritten rule. and it makes their business more profitable, and it is all about that profit for them.

and that is why i am voting for no.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
hasiramasenju
Legendary
*
Offline Offline

Activity: 980
Merit: 1000


View Profile
April 28, 2016, 02:54:09 PM
 #12

if for zero house edge i was might see few casinos online offering these but for negative house edge till now i was never know if any or some casinos offering these too but basically i don't really care how much percentage house edge offering for me because as long i can won a lot it doesn't matter for me
maxhor
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
April 28, 2016, 03:00:19 PM
 #13

Impossible i don't think any casino can afford this with zero house edge, every business comes for to make good profit so who will offer this kind of casino games with zero house edge when it is key for any casino to make profit in the long term otherwise they will close their business.
2012
Legendary
*
Offline Offline

Activity: 1526
Merit: 1003


View Profile
April 28, 2016, 03:02:57 PM
 #14

It doesn't make any sense to me why any casino will offer zero/negative house edge, i don't think we will see that kind of casinos in future.
bitraine
Sr. Member
****
Offline Offline

Activity: 348
Merit: 250



View Profile
April 28, 2016, 03:27:56 PM
 #15

few casinos offering zero house  edge but yeah its for limited time and for promotional events only.
there will never be a casino that will offer zero house edge forever, and if there is, you have to stay away from it by the fact that their gambling games are rigged.
galbros
Legendary
*
Offline Offline

Activity: 1022
Merit: 1000


View Profile
April 28, 2016, 03:29:38 PM
 #16

Gonna be hard for them to cover their costs.  I guess in a way faucets are kind of like this, maybe if somehow ad revenue offset what would have to be a microscopic player advantage.

Of course many will claim scam, just as many already do with sites such as 999 dice.
AcoinL.L.C
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000



View Profile
April 28, 2016, 03:30:44 PM
 #17

Its impossible to offer a sustainable zero house edge game, anyone offering a negative house edge is a scam. Advertisements pay much to little (especially in BTC space). Not to mention server costs, time vested etc.
fulgdenea
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
April 28, 2016, 03:38:21 PM
 #18

I think it will be much hard for any casino to run that kind of zero/negative house edge for a long term, i saw some casinos offering for short of time of period that kind of promo, it is really costly to run a gambling site and maintain it for long term than it will hard to survive for any casino with this kind of offer.
dishku
Legendary
*
Offline Offline

Activity: 1918
Merit: 1003


View Profile
April 28, 2016, 03:38:34 PM
 #19

I do not care much of house edge.I do not think it is practically possibly for any transparent and fair site to introduce such thing.No one can afford to pay maintenance and running costs from pocket and let the site work as charity or non profit base.
Shogen
Legendary
*
Offline Offline

Activity: 966
Merit: 1001



View Profile
April 28, 2016, 03:39:46 PM
 #20

-snip- so it shows players don't really care about their edge.

That is very true for the majority gamblers from what I have seen. If gamblers does care about house edge a lot, we will only have some dice sites with extremely low house edge while all the currently very popular dice sites (with ~1% house edge), roulette, slots etc should long be dead. So actually, it is better for sites to have a reasonable house edge and then spend part of their profit on events, affiliate payments, better server, better UX and better support etc.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!