Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
|
|
October 04, 2016, 08:43:49 AM Last edit: October 04, 2016, 09:18:37 AM by Herbert2020 |
|
sorry to go a little off-topic (or maybe this is on topic) but does it really matter "that much" if a gambling site has a zero house edge? i am well aware of the difference in the chance to win etc etc but what i want to know is that do you really think you can make a profit for sure or have a better long term winning 100% with your strategy (whatever it is) on a gambling site that has a zero house edge? maybe i should start a new topic about this?edit:you should ask yourself if you get the choice to wager at a zero HE game or a 1% HE game. which game would you wager your coins? maybe a poll would show you how many smart players are here
you misunderstood my question entirely. in order to stop thread hijacking i started a new topic, please continue there: https://bitcointalk.org/index.php?topic=1635617.0
|
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.
|
|
|
JackpotRacer
Legendary
Offline
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
|
|
October 04, 2016, 08:46:52 AM |
|
sorry to go a little off-topic (or maybe this is on topic) but does it really matter "that much" if a gambling site has a zero house edge?
i am well aware of the difference in the chance to win etc etc but what i want to know is that do you really think you can make a profit for sure or have a better long term winning 100% with your strategy (whatever it is) on a gambling site that has a zero house edge?
maybe i should start a new topic about this?
you should ask yourself if you get the choice to wager at a zero HE game or a 1% HE game. which game would you wager your coins? I know where I would wager maybe a poll would show you how many smart players are here
|
|
|
|
NLNico
Legendary
Offline
Activity: 1876
Merit: 1295
DiceSites.com owner
|
|
October 04, 2016, 08:49:15 AM |
|
sorry to go a little off-topic (or maybe this is on topic) but does it really matter "that much" if a gambling site has a zero house edge?
i am well aware of the difference in the chance to win etc etc but what i want to know is that do you really think you can make a profit for sure or have a better long term winning 100% with your strategy (whatever it is) on a gambling site that has a zero house edge?
maybe i should start a new topic about this?
There has been few topics about it. My personal conclusion is that people don't really care indeed: 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.
People mostly just want a fun experience (which is fine because that is what gambling is about.) There are plenty of people playing on those sketchy non-provably fair non-transparent "bitcoin slots" which generally have a 5+% HE. Meanwhile there are plenty of dice (and other) sites offering 1% (and lower) HE which seems like a much better deal. But yeh, if you enjoy playing slots.. you might still prefer those high HE slots.
|
|
|
|
RocketSingh
Legendary
Offline
Activity: 1662
Merit: 1050
|
|
October 04, 2016, 10:23:44 AM |
|
I Don't Think A Gambling Website With 0% HouseEdge Is Trusted Or Safe to Invest....
House edge of a site has nothing to do with being trusted or not. Also A Website With 0% House edge is Not Profitable For the Players, So I Suggest You Always Try A Website With A House Edge...
I think, you dont understand the concept of house edge at all. A Website With 0% House edge is Not Profitable For the Players House. Both house & player have equal winning chance in the long run. Hence, new sites may use this strategy to attract new gamblers instead of directly spending on ads.
|
|
|
|
iv4n
Legendary
Offline
Activity: 3178
Merit: 1175
|
|
October 04, 2016, 10:34:23 AM |
|
Like others I also don't know any site with 0 % house edge, others already said this would not be profitable for casino. And who would run nonprofit casino? Some good samaritan? I think you will not find this kind of casino or site, if you wish to gamble with 0 % house edge you will need to do it alone with friends, or to find some other ways to play PvP and gamble on that. Then your if you invest dollar you will get 2 dollars, and not just 1.9.. I wish you good luck in searching.
|
|
|
|
dunfida
Legendary
Offline
Activity: 3122
Merit: 1141
|
|
October 04, 2016, 01:49:34 PM |
|
Like others I also don't know any site with 0 % house edge, others already said this would not be profitable for casino. And who would run nonprofit casino? Some good samaritan? I think you will not find this kind of casino or site, if you wish to gamble with 0 % house edge you will need to do it alone with friends, or to find some other ways to play PvP and gamble on that. Then your if you invest dollar you will get 2 dollars, and not just 1.9.. I wish you good luck in searching.
There would be no casino would intend to run with 0% house edge because they would not make profit at all . You are right you would not find any kind of site which dont have house edge. Pvp gambling has 0% house edge though if you dont like house edge then dont play at casino sites after all.
|
|
|
|
btcdevil
Legendary
Offline
Activity: 1302
Merit: 1027
|
|
October 04, 2016, 02:34:21 PM |
|
It is one hundred percent that their are no gambling sites which are zero percent house edge , even if any site is claiming to be zero percent house edge then that site is runned by some scammer or it is run by some big rich person who just wanted to enjoy running his site.
|
|
|
|
roadbits
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
October 04, 2016, 06:49:13 PM |
|
It is one hundred percent that their are no gambling sites which are zero percent house edge , even if any site is claiming to be zero percent house edge then that site is runned by some scammer or it is run by some big rich person who just wanted to enjoy running his site.
Yes, i too agree with you there is no Zero edge gambling sites in this online gambling. If the house takes zero percentage then what is the profit for site owners right? If any zero percentage edge sites are, there means some scammers may run that site or the site owner will be a rich person.
|
|
|
|
Jimmy Wales
Member
Offline
Activity: 140
Merit: 17
|
|
October 04, 2016, 06:58:43 PM |
|
It is one hundred percent that their are no gambling sites which are zero percent house edge , even if any site is claiming to be zero percent house edge then that site is runned by some scammer or it is run by some big rich person who just wanted to enjoy running his site.
Yes, i too agree with you there is no Zero edge gambling sites in this online gambling. If the house takes zero percentage then what is the profit for site owners right? If any zero percentage edge sites are, there means some scammers may run that site or the site owner will be a rich person. I think, u r mistaken. This guy has summed it up pretty well... Personally, i think a casino game (any game) with a 0 percent house edge will either go bancrupt in the longrun, or will result in cheating...
i don't think so. because people usually don't use good strategies and they are wasting their money in most of these gambling sites. for example i have seen new dice sites that start off with a 0% house edge and there aren't that many winners on the site to win and bankrupt the casino. house edge is like a guarantee in my opinion. and also add to this, the fact that a lot of the gamblers will continue gambling when they win and if a losing streak hits them they lose all they have won so far.
|
|
|
|
satmas
|
|
October 04, 2016, 08:02:54 PM |
|
I haven't heard of a 0% house edge besides the ones that are linked here although that could be because the only other way for a gambling site to profit(that I know of) is when someone loses, and this is their way of getting profit besides someone losing.
|
|
|
|
hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
|
|
October 05, 2016, 05:05:15 AM |
|
I dont know about 0% house edge. But i wonder which casino will setup 0% house edge? Cause this also means that the gambler has no disadvantage, and in this case, the casino may not be able to profit or goes into reds.
|
|
|
|
audaciousbeing
|
|
October 05, 2016, 06:06:47 AM |
|
Thats weird I have never heard of a gambling site / game that has 0% house edge. I guess their form of revenue would be advertisements then? Just seems odd and would be afraid to deposit or win to much that they wouldn't pay.
No doubt that there could be sites which have 0% house edge even though it will be minimal but thats not the issue the issue is how do they now get money to fund their operations and infrastructures, advertisement etc. Because from the look of it without money coming in from this source then its definitely coming from another source which is unknown to many of us. So the issue of trust sets-in.
|
|
|
|
gabmen
|
|
October 05, 2016, 06:36:52 AM |
|
Is there even such a site? Not an expert here but how will those sites earn if there's 0% house edge? Possibly at a low percentage but i don't think there's a gambling site that's that generous
|
Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
|
|
|
emberbekas
Legendary
Offline
Activity: 1904
Merit: 1000
|
|
October 05, 2016, 06:49:56 AM |
|
Some sites may offers 0% house edge but for limited time and during the promotion only. Bitsler did it in the past. And if you try to find a site that has 0% house edge permanently I bet you wont get it.
|
|
|
|
stadus
Legendary
Offline
Activity: 3136
Merit: 1294
Hhampuz for Campaign management
|
|
October 05, 2016, 06:53:24 AM |
|
Thats weird I have never heard of a gambling site / game that has 0% house edge. I guess their form of revenue would be advertisements then? Just seems odd and would be afraid to deposit or win to much that they wouldn't pay.
No doubt that there could be sites which have 0% house edge even though it will be minimal but thats not the issue the issue is how do they now get money to fund their operations and infrastructures, advertisement etc. Because from the look of it without money coming in from this source then its definitely coming from another source which is unknown to many of us. So the issue of trust sets-in. Although we have a good winning chances in a gambling site that has no house edge, I think we will hesitate to play it and in fact how much the investor put their money when they have no advantage. Investors want to ensure profit so that would not really succeed.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Bitinity
Legendary
Offline
Activity: 3108
Merit: 1314
|
|
October 05, 2016, 07:43:53 AM |
|
Is there even such a site? Not an expert here but how will those sites earn if there's 0% house edge? Possibly at a low percentage but i don't think there's a gambling site that's that generous Some sites offered 0% house edge only for promotions, bitsler and crypto-games.net had done this in the past. It would be odd if a gambling site especially dice site offers 0% all the time.
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3318
Merit: 2183
I stand with Ukraine.
|
|
October 05, 2016, 08:24:57 AM |
|
Although I don't know any site with 0% house edge, I don't think it's impossible that a site like this will appear in the future.
It's just a different approach to how to make your business profitable. Making the house edge on your gambling site zero you'll attract a lot of players and thus you can make money on advertising.
|
. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
|
|
|
|
Flodemaga
|
|
October 05, 2016, 08:27:21 AM |
|
^^^Title speaks for itself...
What I know is bustabit with 0.1% house edge. I don't know ifthere are any site that gives 0% house edge. That'll be like no profit for them.
|
|
|
|
adaseb
Legendary
Offline
Activity: 3794
Merit: 1723
|
|
October 05, 2016, 03:20:25 PM |
|
I dont think the sites that offer a 0% house edge are scamming the gambler in anyway, they are most likely betting on the fact that someone will martingale and end up with 15 losses in a row and empty out their account.
|
|
|
|
neochiny
|
|
October 05, 2016, 11:11:58 PM |
|
Some sites offered 0% house edge only for promotions, bitsler and crypto-games.net had done this in the past. It would be odd if a gambling site especially dice site offers 0% all the time.
Yes, for 0% HE I remember crypto-games.net recently had a promotion like this during their 2nd-anniversary celebration. Duration of the promo was for several hours. As for new sites claiming to have 0% HE (is this permanent or promotional?) , well, I don't know any,haven't tried one and most likely never would since I don't like risking my coins on new/untrusted sites. I'd rather play with a .08 - 1% HE, at least I know exactly how much 'edge' the house has over me. No House Edge? huh.
|
|
|
|
|