Which gambling sites have 0% house edge?

[bitwab]

Would you trust a gaming site with 0% house edge?

There are running costs as employees, servers, service bills, development, security, support, marketing to mention some.

As someone said, if its not a temporary promotion then the company almost certainly has some hidden costs (wagering limits, withdrawals costs, etc.) or has cut on mentioned areas which can lead to low quality service or scam.

~BitWAB Team~
Be the winner!

[mirakal]

Would you trust a gaming site with 0% house edge?

There are running costs as employees, servers, service bills, development, security, support, marketing to mention some.

As someone said, if its not a temporary promotion then the company almost certainly has some hidden costs (wagering limits, withdrawals costs, etc.) or has cut on mentioned areas which can lead to low quality service or scam.

~BitWAB Team~
Be the winner!

Very well said, no site would ever be successful without a house edge, it's there only way to win and be profitable and most likely when a certain gambling sites operate with that kind of rules, for sure it will not last and will just end up scamming the gamblers. My suggestion is better find a more secured gambling sites that a no house edge one but you will be uncomfortable while playing due to the fear of being scam anytime.

[bitcoinboy12]

Would you trust a gaming site with 0% house edge?

There are running costs as employees, servers, service bills, development, security, support, marketing to mention some.

As someone said, if its not a temporary promotion then the company almost certainly has some hidden costs (wagering limits, withdrawals costs, etc.) or has cut on mentioned areas which can lead to low quality service or scam.

~BitWAB Team~
Be the winner!

Very well said, no site would ever be successful without a house edge, it's there only way to win and be profitable and most likely when a certain gambling sites operate with that kind of rules, for sure it will not last and will just end up scamming the gamblers. My suggestion is better find a more secured gambling sites that a no house edge one but you will be uncomfortable while playing due to the fear of being scam anytime.

Yep. And if you think about it. On its own it makes no sense to take off housebets. Picture it even in the real life Casino Houses. Without the house bets, how do you think they are able to pay the 24/7 lights they have on, the free drinks and meals as well.

[BTCevo]

very simple: 0% house edge only possible in two scenarious:
1. PVP games where the casino is hosting player vs player games and either takes a low comission from the winners or earns through other sources like advertising etc.
2.scam sites
even with a low 0.xx-1% house edge running a casino (if it is provably fair,of course) and funding the bankroll is risky as hell
besides whales winning there are also hackers and cheaters(Hufflepuff,anyone?) who will try and test your security and atnifraud system
and a host of users who think casinos could be their source of income,effectively leeching free faucets and abusing offers and giveaways
so it not all milk and honey in this business

Yeah they take some comission and you can't get full of it do how can you say about 0% house edge? This isehat we can called some house edge and of course it is lower than 1% because host apply only low fee but usually they apply 1% too for their fee so they can earn some.money through some pvp based games. But pvp based games will never hold long because it has less attraction on people

[RocketSingh]

Would you trust a gaming site with 0% house edge?

Definitely. Because 0% house edge does NOT mean 0 profit. It only means that the game will make 1% less profit than 1% house edge games. It offers more winning chance to gamblers.

[adaseb]

Would you trust a gaming site with 0% house edge?

Definitely. Because 0% house edge does NOT mean 0 profit. It only means that the game will make 1% less profit than 1% house edge games. It offers more winning chance to gamblers.

Yes that's pretty much correct. Calling a casino a scam because it has 0% edge isn't true. Most of their money is earned off of people's emotional greed. The only reason house edge isn't is to keep away the bots which would make hundreds of bets a second and in the end break-even and just cost the server loading times.

[RocketSingh]

Would you trust a gaming site with 0% house edge?

Definitely. Because 0% house edge does NOT mean 0 profit. It only means that the game will make 1% less profit than 1% house edge games. It offers more winning chance to gamblers.

Yes that's pretty much correct. Calling a casino a scam because it has 0% edge isn't true. Most of their money is earned off of people's emotional greed. The only reason house edge isn't is to keep away the bots which would make hundreds of bets a second and in the end break-even and just cost the server loading times.

This bot thing is not applicable for chain-bet.com, a 0% house edge game, as they have CAPTCHA for each bet.

[Barcode_]

I don't think I would trust a casino that have 0% house edge, it makes no sense to the admin, with 0% house edge, the admin does not get an advantage in the long run with all the bets made on the site.

And there are a lot of cost involved too to operate a casino, developer salary, domain and server fees and much more. So the house edge is there to offset the basic cost of running the site.

[amacar2]

Definitely. Because 0% house edge does NOT mean 0 profit. It only means that the game will make 1% less profit than 1% house edge games. It offers more winning chance to gamblers.

But in probably fair games, those sites can't get profit in long run. There can be lots of ups and downs in the bankroll with every win and loss of players but house edge insures casino will actually make some % of total wagered amount in long run. But in short term profit/loss of casino is not affected by house edge.

[crazybtrade]

house edge is not really!
we have 1% house edge.
You can try it, really hot winnings

[Juicey_SD]

At SafeDice we offer a 0.5% HE! Which is one of the lowest if not the lowest house edges for any dice site.

[gordonhill]

BetterBets Casino offers every day from 12:00 a.m. to 1:00 a.m. CET a reduce 0.25% House edge for both NXT and BTC betting.

GiveItAShot. 

[Juicey_SD]

BetterBets Casino offers every day from 12:00 a.m. to 1:00 a.m. CET a reduce 0.25% House edge for both NXT and BTC betting.

GiveItAShot. 

What is your normal edge?

[gordonhill]

BetterBets Casino offers every day from 12:00 a.m. to 1:00 a.m. CET a reduce 0.25% House edge for both NXT and BTC betting.

GiveItAShot. 

What is your normal edge?

1% House Edge

cheers 

[Bitcoinsummoner]

Never seen 0% houseedge before but this day i saw chain-bet are giving 0% house edge.. that honestly its my first time to here a casino that giving 0% house edge how they are making profit in their own site?
LEts see i this gambling site will stay long since some other 0% house edge before are turning into scam and gone..

[RocketSingh]

Never seen 0% houseedge before but this day i saw chain-bet are giving 0% house edge.. that honestly its my first time to here a casino that giving 0% house edge how they are making profit in their own site?
LEts see i this gambling site will stay long since some other 0% house edge before are turning into scam and gone..

Chain-bet.com is already running for long. It is close to one year now. Previously they used to be known as bitcoinbetting.website.

[DutchDemon]

At SafeDice we offer a 0.5% HE! Which is one of the lowest if not the lowest house edges for any dice site.

Not lowest for sure. Because, https://www.Chain-Bet.com offers 0% house edge and running fine for almost a year now...

[Johny Depp]

But in probably fair games, those sites can't get profit in long run. bla bla bla...

It is not probably fair... LoLz

It is provably fair, i.e. fairness of the game is provable

[Angelina Jolie]

I don't think I would trust a casino that have 0% house edge, it makes no sense to the admin, with 0% house edge, the admin does not get an advantage in the long run with all the bets made on the site.

And there are a lot of cost involved too to operate a casino, developer salary, domain and server fees and much more. So the house edge is there to offset the basic cost of running the site.

Why must don't trust for these deal is big fair if there one ? Actually the house edge can not provide benefits servings 1% money total wagered. But point for game casino have over win than players before each bet taken.

Have u used Google Translate to make this post? It is pretty difficult to understand what u r trying to say here!

[RocketSingh]

I've done extensive simulation on the topic and studied the maths, it's seriously not a viable business. There's no way you can stay in business taking unbounded risk for 0 expected profit. There's a lot of psuedo-science around thinking that "greedy" strategies are good for the house, but it's simply not true. (It's just equivalent to playing at a high payout)

With substantial bankroll, a house can run comfortably and make decent profit with 0% house edge, if they dont allow automated betting by bots. If u exclude bets made by bots, u'll find bustabit.com makes more profit in the long run than house edge % of total wagered amount. Hence, though it is theoretically impossible to run a 0% house edge game, games like https://www.chain-bet.com still do exist in practical world.

However, if you do it pvp way, then it's totally possible. Then you could take no risk, and match gamblers with gamblers. That could totally work.

U r confusing commission with house edge. In PvP games, house does NOT take any risk. Hence, the very concept of House Edge does NOT exist in PvP games. If house does not take any cut from the winner, it is merely running on 0% commission.

But another way to look at it, even with a house edge running a casino is an extremely risky business. In the calendar month of October, I lost around ~402 BTC bankrolling bustabit, where the weighted average house edge during that month was around ~0.7%.  

Exactly this is what I am saying. House Edge does NOT guarantee the same % of profit on wagered amount. It still varies on many other factors.

No sane person is going to take those sort of risks for no expected profit  

If u were correct, then chain-bet.com would have gone bankrupt by six month, whereas they are running close to one year now...