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Author Topic: Can you beat the house edge  (Read 3947 times)
Patatas
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February 11, 2017, 09:53:28 AM
 #21

your strategy is not much of a strategy but more of a superstitious way of thinking how things work. or maybe you are explaining it wrong.
Maybe you did not get the point.As far as I know,he is not talking about any stratagies here,he wants to beat the house edge.

because there is no obvious connection between you winning then withdrawing then losing with faucet and winning again. this is just some coincidence that happened most probably because when you gamble with faucet you have low amount to cover the next losses so you lose in the end. but when you deposit you have more money so you can cover the losses and win in the end.
Apart from the faucet and everything,the most crucial thing that is being wasted is time.You cannot win it back,I bet you.
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February 11, 2017, 10:15:08 AM
 #22

your strategy is not much of a strategy but more of a superstitious way of thinking how things work. or maybe you are explaining it wrong.
Maybe you did not get the point.As far as I know,he is not talking about any stratagies here,he wants to beat the house edge.

because there is no obvious connection between you winning then withdrawing then losing with faucet and winning again. this is just some coincidence that happened most probably because when you gamble with faucet you have low amount to cover the next losses so you lose in the end. but when you deposit you have more money so you can cover the losses and win in the end.
Apart from the faucet and everything,the most crucial thing that is being wasted is time.You cannot win it back,I bet you.

Playing with faucets has been proved to be profitable for me. Although it is boring if you play with it only all the time, rolling some faucets in at a 9900x multiplier occasionally has worked for me. Ok, maybe not 9900x but 4950x did.
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February 11, 2017, 12:15:48 PM
 #23

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

That's why they called it an edge because even though its 1% the possibility
of beating it is impossible. Maybe you can have "strategy" on how to profit
just like you mentioned. I also used faucet as well and other offers or
promotions, its a free shot at the jackpot.
Beating the house is impossible, but you can take advantage by withdrawing
and quitting while you are still ahead.


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February 11, 2017, 12:16:02 PM
 #24

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

i think this is difficult to beat the house edge because they own the system and we are only the player, maybe it is better to deposit and invest with them so we can make profit with them too. as long as we can make nice profit with them, i think it is a good way for us to have a good balance and we can withdraw it after we reach some amount that we want. how much you make deposit and investing in the gambling sites? is there something like 0.1 btc or less than 0.1 btc? and in what sites?

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February 11, 2017, 12:31:22 PM
 #25

People really should stop creating topics about dice strategies or gambling ideas. I am very surprised that many people aren't smart to see that there is no easy way to win and get rich out of gambling.

You either win or lose. I always say this to the gamblers:

If you want to become rich by gambling, gamble with every single penny you got on a simple heads/tails coin flipping game. If you win, do not look back and enjoy your money. And never gamble again. If you lose, do the same.

People get mad when I say this,  but they don't realize playing with small money in a long time frame will exactly result as i said above. So there is no difference.

Don't take my words if you are just playing a few couple $ games in a month just for fun. I am talking to the greedy basturds.

Tldr;  no, you can't beat the bouse edge. Because the house will limit your max. bet amount.

Lets say house has the capital of 10k btc and lets you to make bets of 10btc max. What are your chances to clear the casino? You can try x2 games forever and lose or you can try x100 games and the same thing will happen.

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February 11, 2017, 12:46:34 PM
 #26

It is quite hard to beat the house edge maybe once in a while you will be able to win it, but in the end you will lose, that is why there are so many casino pop out and most of the people suggest to invest in casino because most if the time the casino got profit, so you may try different strategies but in the end the house edge is going to make you lost


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February 11, 2017, 01:02:00 PM
 #27

I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Is this your strategy to win LOL, i don't think playing with faucet money till you make deposit will have any impact on winning.

Can you share your experience with the gambling?
I have never made big sum with gambling, but lost almost all i have on early days. Now i don't put much in gambling and just play for some fun in free time.

 
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February 11, 2017, 01:17:53 PM
 #28

It is quite hard to beat the house edge maybe once in a while you will be able to win it, but in the end you will lose, that is why there are so many casino pop out and most of the people suggest to invest in casino because most if the time the casino got profit, so you may try different strategies but in the end the house edge is going to make you lost

I can beat the house but yeah it is possible, once in a blue moon. And most of us are having hard time to beat the house. Those casinos that are coming out because they are taking advantage on it, they know that no one will be able to beat them

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February 11, 2017, 01:41:45 PM
 #29

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?
Well i think no can make it when you say 1% of house edge? i don't think that small amount from bigger amount some people can make it but not that big profit when you deposit small amount don't expect too much that you can really make it big

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February 11, 2017, 01:50:38 PM
 #30

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
Yes, you can, if you win before you lose, withdraw money and never gamble again.
I just don't see other possibilities to win against house.
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February 11, 2017, 01:55:09 PM
 #31

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

Lot of time the answer was given but still their are so many new threads opening but the answer will be same if you are going to play casino or dice game for short time you will be in profit but when you start to play for long time then you will start to lose the bets and at the end you will be zero loosing your deposit also. So it is clear that no one can beat the house in long term ya in short term you can beat the house edge that is the time you should withdraw and forget to play back.
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February 11, 2017, 01:59:56 PM
 #32

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

Yes as long as we play with discipline, not greedy and self control is mainly played in the short term. We can certainly beat the house edge. But if playing in the long run, don't expect we can beat the house edge
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February 11, 2017, 02:28:42 PM
 #33

It really depends what you are betting on. I've heard of people winning large amounts on dice/cards etc, but most of them are not smart enough to stop betting there and then. You will NEVER beat the house edge long-term unless you are cheating in some way. Even professional gamblers (for example at sports) have a surprisingly low percentage of bets won. I believe it is something like 55%?
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February 11, 2017, 03:18:06 PM
 #34

If we are lucky then we could possibly beat the house edge specially to those sites who have the lowest house edge % but we should really not too confident because if we do play on longer runs the risk is always there to bust us out thats why we should really know how to discipline ourselves.

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February 11, 2017, 03:51:58 PM
 #35

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

your strategy is not much of a strategy but more of a superstitious way of thinking how things work. or maybe you are explaining it wrong.

because there is no obvious connection between you winning then withdrawing then losing with faucet and winning again. this is just some coincidence that happened most probably because when you gamble with faucet you have low amount to cover the next losses so you lose in the end. but when you deposit you have more money so you can cover the losses and win in the end.

and also you got lucky too which is an important factor that anyone explaining a strategy forgets.

I think the thing there is the he knows when to quit LOL.  See his pattern, he play with his money if winning he will withdraw all.  Then play with the faucet.  He let it lose.  Then deposit and play again, withdraw when he is winning.  I may agree there is some fallacy in there but the stopping when he won is right on the spot.
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February 11, 2017, 03:52:52 PM
 #36

If we are lucky then we could possibly beat the house edge specially to those sites who have the lowest house edge % but we should really not too confident because if we do play on longer runs the risk is always there to bust us out thats why we should really know how to discipline ourselves.
yes the only chance to beat the house edge is our lucky . if we are lucky then we can beat the house edge. otherwise it is not so easy to beat the edge. i think the casinos have only one way of making money and running their casinos and that is the house edge. but i think they should reduce their house edge to the minimum if they want to attract more and more customer, they must give some advantages to the customers also so as to get their confidence.
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February 12, 2017, 06:42:23 AM
 #37

Even with low house edge casino will win rather than player because of greed and luck. 1% house edge doesn't mean chance for casino to win is 1%, it is just the guaranteed profit site will make on total wagered amount.

House always wins even with very low 0.10% house edge if the player keep on playing being greedy.  Grin
Herbert2020
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February 12, 2017, 07:01:53 AM
 #38

your strategy is not much of a strategy but more of a superstitious way of thinking how things work. or maybe you are explaining it wrong.
Maybe you did not get the point.As far as I know,he is not talking about any stratagies here,he wants to beat the house edge.

i am talking about this part:
"I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit."
this is the strategy i was referring to and it is not going to work for him forever!

because there is no obvious connection between you winning then withdrawing then losing with faucet and winning again. this is just some coincidence that happened most probably because when you gamble with faucet you have low amount to cover the next losses so you lose in the end. but when you deposit you have more money so you can cover the losses and win in the end.
Apart from the faucet and everything,the most crucial thing that is being wasted is time.You cannot win it back,I bet you.
again i am not suggesting usage of faucets. i am referring to the strategy that OP seems to be using. and i am trying to explain why he loses with faucet and not with the money he deposits.
because to me it seems like he is trying to win by first trying the faucet and hitting a losing streak then deposit and play to win. and that is why i called it superstition.

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.
milewilda
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February 12, 2017, 07:46:10 AM
 #39

If we are lucky then we could possibly beat the house edge specially to those sites who have the lowest house edge % but we should really not too confident because if we do play on longer runs the risk is always there to bust us out thats why we should really know how to discipline ourselves.
yes the only chance to beat the house edge is our lucky . if we are lucky then we can beat the house edge. otherwise it is not so easy to beat the edge. i think the casinos have only one way of making money and running their casinos and that is the house edge. but i think they should reduce their house edge to the minimum if they want to attract more and more customer, they must give some advantages to the customers also so as to get their confidence.
Having a small house edge will surely attract gamblers since they know that they could able to make money on low house edge gambling sites and I could say its really better than those having insane 5%+ house edge they can easily beat us up on playing to the site.Yes,Luck will surely kill those house edge temporarily.

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February 12, 2017, 09:28:53 AM
 #40

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

Well my gambling experience is like this i played dice game with my all and got very good at it i mean very lucky, i always bet on smaller amount just to saved up money for the next game until i had enough gambling then i started to bet bigger amount because i won countless times but its just a small amount for that i lost 3 times in a row i don't know what is the flow of it but i quit gambling for 2 weeks now but smaller amount will help Cheesy
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