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Author Topic: Which gambling sites have 0% house edge?  (Read 13851 times)
Twinkledoe
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September 06, 2020, 10:04:20 AM
 #421

Only this gambling site - http://www.bitcoinbetting.website/, others have ~ 1% house edge. But even with 1% house edge you can win instantly.  Wink

In the long run, any site which has house edge will always win. In the short term, it doesn't matter however because the chances to win are almost equal to 50% so the minor volatility in luck doesn't matter in short term of the house edge. However if there was no house edge, all casinos would go bankrupt as any lucky player would just win so much.

I have encountered a casino here before promoting to be 0% house edge but haven't seen that for a while now. So I don't think having 0% HE is an attraction to a casino. It is how they build relationship with its players like rewards, bonuses and other promotions and having HE which is very reasonable. Also, if the customer support is fast, they can keep also their clients.
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September 06, 2020, 12:53:22 PM
 #422

To be honest, I am not so sure if I will trust that gambling site with have 0% house edge. It seems shady to me, perhaps I will have doubt of depositing my money on it. Besides if that kind of casino does exist this could be a more risky one compared to gambling sites that do have house edge. I have a feeling that there's a greatly low chance you win in there.



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September 06, 2020, 01:23:48 PM
 #423

For example, some gambling site may advertise that they don't take any house advantage. But what you'll do, if they vanish all of a sudden, taking your hard earned money with them?
In short, if it's too good to be true then avoid it. As simple as that.

Looking for a website which offers no house edge is like finding a stone that you will hit on your own head. Wake up OP, of course there's no such thing like that. How can a gambling business create profits if they don't have advantages? I'm sure that no one wants to open a business and only aim for losses, right? That's why it's impossible to find a legit site with no house edge. I hope you get my point.

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September 06, 2020, 06:33:47 PM
 #424


Because of high fees on Bitcoin blockchain, the game was getting unusable at some point. Now, we have re-written the whole game on Litecoin blockchain. As a promotional offer after our re-launch, Chain-Bet.com is now operating on 0% House Edge. Give it a try and let us know your experience.

Create an announcement here so we can have a good discussion on the features of your site, not only that it's free promotion to your gambling site the zero house edge is a big attraction I'm pretty sure many will test it and try their luck you are the only zero house edge gambling site here and it will generate interest.

We already have an announcement thread since the time we are operating, i.e. 2016. It was idle in between, because we temporarily closed the game for a few month to re-write it on Litecoin blockchain. Please find the announcement thread at https://bitcointalk.org/index.php?topic=1492457.0 and join our new telegram group at https://t.me/chain_bet_com to provide your valuable feedback.

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September 06, 2020, 10:14:50 PM
 #425

If so, I think it's nice if you have an ANN Thread in the forum so we can check all the information information.
They have it, it's on his signature and the thread was published since 2016 and he's the op.

Thanks mate, I didn't see it because the signature was too small.

I'm checking the site now, I will try betting on "no house edge", it's a different experience than sports betting and other popular games in a casino.
Yeah, it wasn't that visible because he's a member rank.

Create an announcement here so we can have a good discussion on the features of your site, not only that it's free promotion to your gambling site the zero house edge is a big attraction I'm pretty sure many will test it and try their luck you are the only zero house edge gambling site here and it will generate interest.
If you have back read for a bit and saw my reply to mirakal. I've said that they have made an announcement thread before and it's old because it was published since 2016.

For those who have tried what Bitcoin Gambling has promoted, tell your experiences about that 0% edge casino. Are they for real and true to what they've said of 0% edge?

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September 06, 2020, 11:59:23 PM
 #426

Only this gambling site - http://www.bitcoinbetting.website/, others have ~ 1% house edge. But even with 1% house edge you can win instantly.  Wink
In the long run, any site which has house edge will always win. In the short term, it doesn't matter however because the chances to win are almost equal to 50% so the minor volatility in luck doesn't matter in short term of the house edge. However if there was no house edge, all casinos would go bankrupt as any lucky player would just win so much.

No gambling casino can run successfully without a house-edge. Those who claim that they are running with zero house-edge are speaking false. Don't trust them for this.
I don't agree, without house edge it can go for years but something else can replace the house edge. For example, the small commission from the winnings will be the best idea for not getting beaten by gamblers, this commission can be reduced depending on the volume and profit. On my previous post, I have spoken about the Betvoyager casino which has the zero house edge games but the whole casino doesn't work on no house-edge casino concept, only some games have no house edge.

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September 07, 2020, 01:15:04 AM
 #427

I don't agree, without house edge it can go for years but something else can replace the house edge. For example, the small commission from the winnings will be the best idea for not getting beaten by gamblers, this commission can be reduced depending on the volume and profit.
it can go for years because of the comissions but without it ? your still saying that casino's wont survive  but i like that comission thingy better than putting a house higher than zero because i think i can win huge easily without an edge . they should make the comission thing fair tho and not abuse it because it wont still make sense if they will  . theres that games that have a less house edge but i dont know if we give comission when we won on those games because i dont hear casino mentioned any .
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September 07, 2020, 08:46:08 AM
 #428

I stumbled across an article where they discussed about games which don't have a house edge and I do think you would be interested in the same.

The source is stated below :
https://www.pokernews.com/casino/casino-games-zero-house-edge.htm

https://bitedge.com/blog/0-house-edge-provably-fair-and-trustless-gambling/

This site particularly has what you are asking for but I haven't tried it yet myself

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September 07, 2020, 02:35:52 PM
 #429

Take my advice. Go for a honest gambling site even if they charge a little bit extra. I have done online gambling for more than a decade now, and from what I have seen you need to be suspicious of those websites which try to recruit you using unviable offers. For example, some gambling site may advertise that they don't take any house advantage. But what you'll do, if they vanish all of a sudden, taking your hard earned money with them?

You have a good point reputation should be the number one priority when looking for a good site to gamble, I prefer playing in a gambling site that has a great reputation, with a house edge than a new site which has not yet proven itself with 0% house edge, this 0% house edge should prove themselves first that they are long term and they are not like those who come with hundreds of dollars of  bonus but vanish after people made deposits.


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September 07, 2020, 05:09:08 PM
 #430

Take my advice. Go for a honest gambling site even if they charge a little bit extra. I have done online gambling for more than a decade now, and from what I have seen you need to be suspicious of those websites which try to recruit you using unviable offers. For example, some gambling site may advertise that they don't take any house advantage. But what you'll do, if they vanish all of a sudden, taking your hard earned money with them?

   Vishnu.Reang I will take your advice and I understand what you wish to say. It's better to be safe and deal with 1% house edge, then to
risk your entire deposit in case the casino owner decide to run away, with bags full of our money.
   I think that casino with 0% house edge sounds like a scam, I never tried one, and I don't know how that site can operate legally,
pay for stuff and all bills they have if they don't have a source of income. When you think about it, there must be something hidden
on their side, I do not want to investigate that with my own money.



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Rainbot
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September 07, 2020, 07:52:48 PM
 #431

Take my advice. Go for a honest gambling site even if they charge a little bit extra. I have done online gambling for more than a decade now, and from what I have seen you need to be suspicious of those websites which try to recruit you using unviable offers. For example, some gambling site may advertise that they don't take any house advantage. But what you'll do, if they vanish all of a sudden, taking your hard earned money with them?
Just to let you know and others who are doubting, Chain-Bet.com is operating since 2016. Feel free to cross verify our announcement thread for any allegation - https://bitcointalk.org/index.php?topic=1492457.0. As we have already mentioned, because of high fees on Bitcoin blockchain, the game was getting unusable at some point. Hence, we have re-written the whole game on Litecoin blockchain. As a promotional offer after our re-launch, it is now operating on 0% House Edge. This, definitely, is not going to last forever. Give it a try and let us know your experience, preferably at our new telegram group - https://t.me/chain_bet_com.

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September 07, 2020, 07:59:39 PM
 #432

As the dude told already above in this thread, chainbet have 0% house edge.
StephenJH
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September 07, 2020, 11:38:57 PM
 #433

I don't agree, without house edge it can go for years but something else can replace the house edge. For example, the small commission from the winnings will be the best idea for not getting beaten by gamblers, this commission can be reduced depending on the volume and profit.
it can go for years because of the comissions but without it ? your still saying that casino's wont survive  but i like that comission thingy better than putting a house higher than zero because i think i can win huge easily without an edge . they should make the comission thing fair tho and not abuse it because it wont still make sense if they will  . theres that games that have a less house edge but i dont know if we give comission when we won on those games because i dont hear casino mentioned any .
All casino games have the statistical edge over the player and the majority of the gamblers lose over the long term. It is not secret and no one hides this information but blaming the casino's house edge in losing game sessions is meaningless. The commission from winnings idea will beat the overall house edge in the long term but it can take decades to change the traditional casino structure. Taking commission from winners is not fair too but balancing this can be done with the help of AI. For example, the slot providers show the real return to player value and player decide to play that slot or not.

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September 07, 2020, 11:58:55 PM
 #434

It's ridiculous if there is a popular gambling site which offers 0% house edge, I can't even imagine how gambling sites are
can survive and make a profit. If there are gambling sites that offer this, my advice is to immediately avoid that gambling sites.
Because most likely that gambling sites are scams. I wouldn't waste my money trying to play at gambling sites that offer
a 0% house edge.

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September 08, 2020, 12:13:34 AM
 #435

It's ridiculous if there is a popular gambling site which offers 0% house edge, I can't even imagine how gambling sites are
can survive and make a profit. If there are gambling sites that offer this, my advice is to immediately avoid that gambling sites.
Because most likely that gambling sites are scams. I wouldn't waste my money trying to play at gambling sites that offer
a 0% house edge.

That is why we don't see any 0% house edge in our midst because it's not going to be competitive and if they are not here to make a profit what are their intentions, you guess is as good as mine, it can't stand here, there will be a shadow of a doubt why they set up a 0% house edge and old gamblers will not be attracted to such gambling sites.

BACK FROM A LONG VACATION
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September 10, 2020, 04:34:17 PM
 #436

It's ridiculous if there is a popular gambling site which offers 0% house edge, I can't even imagine how gambling sites are
can survive and make a profit. If there are gambling sites that offer this, my advice is to immediately avoid that gambling sites.
Because most likely that gambling sites are scams. I wouldn't waste my money trying to play at gambling sites that offer
a 0% house edge.

That is why we don't see any 0% house edge in our midst because it's not going to be competitive and if they are not here to make a profit what are their intentions, you guess is as good as mine, it can't stand here, there will be a shadow of a doubt why they set up a 0% house edge and old gamblers will not be attracted to such gambling sites.
That means the site is unique if its not competitive . Not competitive means it can easily get attention or lots of costumers but there is also a drawback because of that 0 percent house edge tag line where people put doubts  .

If profit is not thier top priority then we can assume that all they want is to provide happiness to the gambler only for a limited time  .
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September 10, 2020, 05:21:30 PM
 #437

It's ridiculous if there is a popular gambling site which offers 0% house edge, I can't even imagine how gambling sites are
can survive and make a profit. If there are gambling sites that offer this, my advice is to immediately avoid that gambling sites.
Because most likely that gambling sites are scams. I wouldn't waste my money trying to play at gambling sites that offer
a 0% house edge.

That is why we don't see any 0% house edge in our midst because it's not going to be competitive and if they are not here to make a profit what are their intentions, you guess is as good as mine, it can't stand here, there will be a shadow of a doubt why they set up a 0% house edge and old gamblers will not be attracted to such gambling sites.
That means the site is unique if its not competitive . Not competitive means it can easily get attention or lots of costumers but there is also a drawback because of that 0 percent house edge tag line where people put doubts  .

If profit is not thier top priority then we can assume that all they want is to provide happiness to the gambler only for a limited time  .
That's also a sensible assumption when there are gambling sites that offer a 0% house edge.
But, does it really exist? Because when it does exist, then at least gamblers will easily become rich in just a short time, right?
So, even though we may find these offers every now and then, we basically have to be aware of them because there are many possibilities that will just bankrupt us. Beware of offers that don't even make sense I guess.

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September 10, 2020, 11:39:35 PM
 #438

It's ridiculous if there is a popular gambling site which offers 0% house edge, I can't even imagine how gambling sites are
can survive and make a profit. If there are gambling sites that offer this, my advice is to immediately avoid that gambling sites.
Because most likely that gambling sites are scams. I wouldn't waste my money trying to play at gambling sites that offer
a 0% house edge.

That is why we don't see any 0% house edge in our midst because it's not going to be competitive and if they are not here to make a profit what are their intentions, you guess is as good as mine, it can't stand here, there will be a shadow of a doubt why they set up a 0% house edge and old gamblers will not be attracted to such gambling sites.
That means the site is unique if its not competitive . Not competitive means it can easily get attention or lots of costumers but there is also a drawback because of that 0 percent house edge tag line where people put doubts  .

If profit is not thier top priority then we can assume that all they want is to provide happiness to the gambler only for a limited time  .
That's also a sensible assumption when there are gambling sites that offer a 0% house edge.
But, does it really exist? Because when it does exist, then at least gamblers will easily become rich in just a short time, right?
So, even though we may find these offers every now and then, we basically have to be aware of them because there are many possibilities that will just bankrupt us. Beware of offers that don't even make sense I guess.

remember the edgeless project - they are promoting about 0% HE and full transparency. wonder if they indeed are practicing the 0% house edge til now?

https://bitcointalk.org/index.php?topic=1718384.0
https://edgeless.io/

reading the last post on their thread, seems that they are not active in responding to their players. last post was this April. so is 0% HE really working for them? i dont think so.

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September 13, 2020, 08:39:17 AM
 #439

Take my advice. Go for a honest gambling site even if they charge a little bit extra. I have done online gambling for more than a decade now, and from what I have seen you need to be suspicious of those websites which try to recruit you using unviable offers. For example, some gambling site may advertise that they don't take any house advantage. But what you'll do, if they vanish all of a sudden, taking your hard earned money with them?

Yes, never go on to the casino only because they offer 0% house edge. They may have other complications like they may not let you withdraw etc. This is greed that we see 0% house edge and rush to that casino to get quick profits and eventually end up being scammed.

.
.DuelbitsSPORTS.
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September 13, 2020, 09:15:36 AM
 #440

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.
I don't think there is a gambling site that have 0% house edge. If there is then they won't be able to earn profit. I do believe that some gambling site will offer low house edge around 0.5 to 0.9 house edge. Good luck finding a gambling site that have 0% house edge which in my opinion very hard to trust.

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