BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 23, 2017, 01:00:47 PM |
|
I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that
There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too. I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning. No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot It does not matter how much is your winning chance, all will still depend on your luck. You can say it is better with 50-60% because maybe you had a good story with it but maybe there are some other people love to use 90% because the same reason. Yes that is true, gambling will always depends on your luck but about this chance, do you think that if you use 90% chance that you will lose only 10% chance? May be you are misunderstanding what i am talking about. Let us assume that 100 bets using 90% chance. Do you think that you will only lose 10 times? i dont think so and lets say that you only lose 10 times your loss is already 10 times from your basebet and you need to win at least 10 times to get some profit though. What i saying here is the point of using this kind of strategy will never work out This is good chance of course like 90% winning chance, this is almost impossible to lose but in the long run you will end up negative. Different with 50-60% winning chance strategy of course Sure I dont think like that, what I'm talking about is about luck. There will be no differences using any winning chances unless you are lucky enough. So 50-60% is not even better than other winning chances as the result is depending on your luck. That's the point of what I want to say, nothing else. And if you are talking about luck then you should consider have enough balance to recover your loss with 50-60% winning chance because of the house edge you can't play as 50% chance. There is not 50% chance of winning that could double your win because there is house edge, so by using 60% chance and enough balance will give you decent profit
|
|
|
|
Victor Beckham
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2017, 08:55:55 PM |
|
And if you are talking about luck then you should consider have enough balance to recover your loss with 50-60% winning chance because of the house edge you can't play as 50% chance. There is not 50% chance of winning that could double your win because there is house edge, so by using 60% chance and enough balance will give you decent profit
Gambling is and will always remain about LUCK. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
Japinat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2017, 11:49:55 PM |
|
And if you are talking about luck then you should consider have enough balance to recover your loss with 50-60% winning chance because of the house edge you can't play as 50% chance. There is not 50% chance of winning that could double your win because there is house edge, so by using 60% chance and enough balance will give you decent profit
Gambling is and will always remain about LUCK. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Your belief will reflect your actions towards gambling, by believing that it's purely luck that is needed to win you are taking your chance to become a professional gambler. Yes, professional gambler believes in luck but does not rely on it to win, they are matured already in gambling due to their long experience and they believe it is the skills and knowledge which is the only key to win in the long run.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2017, 12:10:22 AM |
|
And if you are talking about luck then you should consider have enough balance to recover your loss with 50-60% winning chance because of the house edge you can't play as 50% chance. There is not 50% chance of winning that could double your win because there is house edge, so by using 60% chance and enough balance will give you decent profit
Gambling is and will always remain about LUCK. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Your belief will reflect your actions towards gambling, by believing that it's purely luck that is needed to win you are taking your chance to become a professional gambler. Yes, professional gambler believes in luck but does not rely on it to win, they are matured already in gambling due to their long experience and they believe it is the skills and knowledge which is the only key to win in the long run. Yes that is true that someone really need luck to win on gambling site. But to be some professional gambler what you really need is some luck and experience which is you really need it to achieve what you want though. And the only game that let you become pro gambler is only poker games. Other than poker is consider as luck games
|
|
|
|
Hatcher
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2017, 01:31:12 AM |
|
Perhaps we could see something like a 0% house edge decentralized gaming platform running on the Ethereum network that was created solely out of the kindness of the developer's heart, who accepts (but does not rely upon) donations. Who knows. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Edgeless.io only wants to make the casino "edgeless" insofar as it concerns games that have a skill element (like blackjack) were players may give up equity by making sub-optimal decisions. Seeing a 0% house edge dice game would be the definition of purity in gambling.
|
|
|
|
Natalim
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2017, 08:08:42 AM |
|
Perhaps we could see something like a 0% house edge decentralized gaming platform running on the Ethereum network that was created solely out of the kindness of the developer's heart, who accepts (but does not rely upon) donations. Who knows. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Edgeless.io only wants to make the casino "edgeless" insofar as it concerns games that have a skill element (like blackjack) were players may give up equity by making sub-optimal decisions. Seeing a 0% house edge dice game would be the definition of purity in gambling. The idea was perfect to give gamblers a better chance of wining, but the question is would it survive? We know that house edge is a normal thing to a gambling site as that is where they get their operating expenses. Honestly, I have not tried to play in a 0% house edge casinos but I would love to try if there is one. Edgeless.io so far is getting a great volume of investors, and since they have just finished their ICO, let's wait for the development.
|
|
|
|
newIndia
Legendary
Offline
Activity: 2226
Merit: 1052
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 23, 2017, 05:26:58 PM |
|
Perhaps we could see something like a 0% house edge decentralized gaming platform running on the Ethereum network that was created solely out of the kindness of the developer's heart, who accepts (but does not rely upon) donations. Who knows. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Edgeless.io only wants to make the casino "edgeless" insofar as it concerns games that have a skill element (like blackjack) were players may give up equity by making sub-optimal decisions. Seeing a 0% house edge dice game would be the definition of purity in gambling. The idea was perfect to give gamblers a better chance of wining, but the question is would it survive? We know that house edge is a normal thing to a gambling site as that is where they get their operating expenses. Honestly, I have not tried to play in a 0% house edge casinos but I would love to try if there is one. Edgeless.io so far is getting a great volume of investors, and since they have just finished their ICO, let's wait for the development. I doubt Edgeless.io will ever yield anything substantial.
|
|
|
|
mrcash02
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 23, 2017, 05:32:58 PM |
|
Perhaps we could see something like a 0% house edge decentralized gaming platform running on the Ethereum network that was created solely out of the kindness of the developer's heart, who accepts (but does not rely upon) donations. Who knows. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Edgeless.io only wants to make the casino "edgeless" insofar as it concerns games that have a skill element (like blackjack) were players may give up equity by making sub-optimal decisions. Seeing a 0% house edge dice game would be the definition of purity in gambling. The idea was perfect to give gamblers a better chance of wining, but the question is would it survive? We know that house edge is a normal thing to a gambling site as that is where they get their operating expenses. Honestly, I have not tried to play in a 0% house edge casinos but I would love to try if there is one. Edgeless.io so far is getting a great volume of investors, and since they have just finished their ICO, let's wait for the development. An idea like this could only work if the gambling site set house edge to 0% for few hours and back to the normal again next. I think nobody would donate money to a 0% house edge site. Casino investors want profit and this way they could have several losses, so nobody would invest in a casino like this.
|
|
|
|
RocketSingh
Legendary
Offline
Activity: 1662
Merit: 1050
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2018, 11:06:05 AM |
|
Perhaps we could see something like a 0% house edge decentralized gaming platform running on the Ethereum network that was created solely out of the kindness of the developer's heart, who accepts (but does not rely upon) donations. Who knows. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Edgeless.io only wants to make the casino "edgeless" insofar as it concerns games that have a skill element (like blackjack) were players may give up equity by making sub-optimal decisions. Seeing a 0% house edge dice game would be the definition of purity in gambling. What's the current status of edgeless.io?
|
|
|
|
Initscri
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2018, 08:38:48 PM |
|
TBH, any website that has a 0% house edge, is most likely a scam, or will die out eventually.
Websites need to make a profit. If they are using advertising, I doubt that's high enough to go against potential losses.
|
---------------------------------- Web Developer. PM for details. ----------------------------------
|
|
|
Forever_F7
Copper Member
Newbie
Offline
Activity: 224
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2018, 08:57:54 PM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Symphonized
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2366
Merit: 57
Primedice.com & Stake.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2018, 08:59:42 PM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fully agree, that were my exact thoughts on this subject. Why would any Cassino have it 0%? Unless owner's rich and doesn't need some profit as backup to cover up some of the costs or pure marketing campaign.
|
|
|
|
Grimjule
Jr. Member
Offline
Activity: 80
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2018, 12:02:26 PM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think that that there may not be a single casino who are not getting any edge, because thay have to run the casino and for that they have to keep some edge, but the edge should not be a big one, so that gambling can easily visit your site and use it for playing gambling.
|
|
|
|
AMNA NAZ
Newbie
Offline
Activity: 31
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2018, 04:01:06 AM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think that that there may not be a single casino who are not getting any edge, because thay have to run the casino and for that they have to keep some edge, but the edge should not be a big one, so that gambling can easily visit your site and use it for playing gambling. Casinos may have the only way to make money and that is to get some percent of edge from the gamblers. The only difference is that some gambling sites get a less percentage while the some take a big one, i think depending on the status and ranking of a casino.
|
|
|
|
checkmatesir
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2018, 08:36:52 AM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fully agree, that were my exact thoughts on this subject. Why would any Cassino have it 0%? Unless owner's rich and doesn't need some profit as backup to cover up some of the costs or pure marketing campaign. In fact for running their casino with facing financial problems they must have to get some house edge, but you can see that there is a lot of competition therefore they must keep their house edge as minimum and also facilitate the gamblers in a good way.
|
|
|
|
ginellis
Jr. Member
Offline
Activity: 85
Merit: 2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2018, 12:26:26 PM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fully agree, that were my exact thoughts on this subject. Why would any Cassino have it 0%? Unless owner's rich and doesn't need some profit as backup to cover up some of the costs or pure marketing campaign. In fact for running their casino with facing financial problems they must have to get some house edge, but you can see that there is a lot of competition therefore they must keep their house edge as minimum and also facilitate the gamblers in a good way. I am not sure if I can trust a gambling casino that has zero house edge. I mean if they have zero house edge what are they trying to achieve by running that? On the long run they will not be making any profits, yes there is a chance that someone loses a big bet on an unlucky run and they can profit from that but at the same time someone may get lucky and they can lose a lot of money on that as well, regular casinos covers the cost of those lucky runs with their house edges however with no house edge I do not know how they can make money at all. There is no sustainability with zero house edge and that would make me stay away from them since I do not know how they are making any money at all.
|
|
|
|
kurian
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 06, 2018, 04:55:02 PM |
|
I heard this somewhere else too. If there are any 0% house edge casinos it is better to stay away from it. How do they supposed to make profit from 0% house edge? Most probably that would be a scam.
|
|
|
|
Symphonized
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2366
Merit: 57
Primedice.com & Stake.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 06, 2018, 07:19:05 PM |
|
I think there is no zero percentage house edge gambling sites are there. Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fully agree, that were my exact thoughts on this subject. Why would any Cassino have it 0%? Unless owner's rich and doesn't need some profit as backup to cover up some of the costs or pure marketing campaign. In fact for running their casino with facing financial problems they must have to get some house edge, but you can see that there is a lot of competition therefore they must keep their house edge as minimum and also facilitate the gamblers in a good way. I am not sure if I can trust a gambling casino that has zero house edge. I mean if they have zero house edge what are they trying to achieve by running that? On the long run they will not be making any profits, yes there is a chance that someone loses a big bet on an unlucky run and they can profit from that but at the same time someone may get lucky and they can lose a lot of money on that as well, regular casinos covers the cost of those lucky runs with their house edges however with no house edge I do not know how they can make money at all. There is no sustainability with zero house edge and that would make me stay away from them since I do not know how they are making any money at all. Or just as i said they dont need the money and it's pure fun / no additional fees Casino which deviates from all standards.
|
|
|
|
semobo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2018, 07:43:31 AM |
|
Why anyone need to run a gambling site when they don't have any profits from it,I don't this is there any casino with zero percent houce edge.
|
|
|
|
fullhdpixel
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2018, 12:57:27 PM |
|
Why anyone need to run a gambling site when they don't have any profits from it,I don't this is there any casino with zero percent houce edge.
You know some gambling sites are having zero house edge but they are using their own coin/broken as the base currency for their gambling activities. It means in those zero house edge based a gambling site, you cannot use bitcoin or any other crypto nor fiats for your gambling. First you must need to convert your cryptos into their house specific coin/token so that you will be all set to start gambling with them. When you are gambling with their house specific coin, it is possible for them to provide you zero house edge based gambling services. They are making profits by selling their coins/tokens.
|
|
|
|
|