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Author Topic: Can you beat the house edge  (Read 3947 times)
bajing
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February 12, 2017, 07:49:16 PM
 #61

maybe gambler never can beat house edge only in online casino.
Need not to be true.
It always too hard to beat the house edge in all type of casinos when are competing against house (unless it is a player vs player environment). If you are able to beat them consistently, in long run houses will go bankrupted.
I never heard there is any gambler can winning big in casino online even though there is who can win huge amout it's from lottery or slot machine. yeah maybe we have think hard to beat the house edge but I think in casino online we against system and i'm sure everything is already set by the system.

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February 12, 2017, 08:34:37 PM
 #62

maybe gambler never can beat house edge only in online casino.
Need not to be true.
It always too hard to beat the house edge in all type of casinos when are competing against house (unless it is a player vs player environment). If you are able to beat them consistently, in long run houses will go bankrupted.
I never heard there is any gambler can winning big in casino online even though there is who can win huge amout it's from lottery or slot machine. yeah maybe we have think hard to beat the house edge but I think in casino online we against system and i'm sure everything is already set by the system.

Their are some big whales who have beat the house edge and won big high but that was due to they just played some bets with all in and as soon as they won they withdrawn it and never turned back, other then that i dont think that anyone was able to win against the house edge on long term.
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February 12, 2017, 08:42:29 PM
 #63

Sure you can beat the house edge for a short period of time most of the time. But in the long run you can't beat the house edge. Thats the key to gambling get out when your ahead. Or before you lose. However theres still gonna be times when you lose on the first roll thats the whole point of gambling. So yeah as long as your lucks good and you get out after playing for a short period of time you can beat the house esge least for awhile, most gamblers don't know when you quit.

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February 12, 2017, 08:50:34 PM
 #64

maybe gambler never can beat house edge only in online casino.
Need not to be true.
It always too hard to beat the house edge in all type of casinos when are competing against house (unless it is a player vs player environment). If you are able to beat them consistently, in long run houses will go bankrupted.
I never heard there is any gambler can winning big in casino online even though there is who can win huge amout it's from lottery or slot machine. yeah maybe we have think hard to beat the house edge but I think in casino online we against system and i'm sure everything is already set by the system.

Their are some big whales who have beat the house edge and won big high but that was due to they just played some bets with all in and as soon as they won they withdrawn it and never turned back, other then that i dont think that anyone was able to win against the house edge on long term.

Winning a few bets doesn't mean that you have beaten the house edge, beating the house edge means that you somehow can win over the long run, which is almost impossible, statistically speaking. But if we are talking about just profit, than whales indeed might have a better chances, because of two reasons. First, they can make big bets with low multiplier, for example one can bet $10.000 with x1.1 multiplier and have almost 90% chance to win $1000. The second reason is that some mega whales can have bigger bankrolls than some casinos, and if those casinos haven't set a mathematically required limit for the highest win, than whales could potentially bankrupt such casino, because number of bets won't be enough for the house edge to make an impact.
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February 12, 2017, 08:59:48 PM
 #65

Sometimes, yes, you can beat the shit out of the house edge. But as you go along and continue playing on that same casino with the same game and same methods of how you play, you'll notice that the house edge is recouping its losses and starts to eat up your own money as well. It's been proven a lot of times now, the house always wins in the end.

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February 12, 2017, 09:11:27 PM
 #66

Not only do betting systems fail to beat casino games with a house advantage, they can’t even dent it. Roulette balls and dice simply have no memory. Every spin in roulette and every toss in craps is independent of all past events. In the short run you can fool yourself into thinking a betting system works, by risking a lot to win a little. However, in the long run no betting system can withstand the test of time. The longer you play, the ratio of money lost to money bet will get closer to the expectation for that game.
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February 12, 2017, 09:23:52 PM
 #67

Sometimes, yes, you can beat the shit out of the house edge. But as you go along and continue playing on that same casino with the same game and same methods of how you play, you'll notice that the house edge is recouping its losses and starts to eat up your own money as well. It's been proven a lot of times now, the house always wins in the end.
So are you telling that if you keep changing the strategy you wont end up losing and the house edge wont catch you. Huh may be that is true as there were times when i used to win a lot by using a specific method and made a significant amount of profit and the very next time when i deposited and tried the same method i end up losing everything.So may be it is true.
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February 12, 2017, 09:25:59 PM
 #68

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?
My experience with gambling gave me a lesson that you can't beat the house edge. You can win against the house but only for a short time like what others said because if you keep trying and trying you'll lose in the end.
Yeah actually winning against the house is like considering can we win a race when our opponent is given an undue advantage ? No right ?

Same here because when the opponent is given undue advantage which I mean the house edge then its nearly impossible to win.
Though this can still happen in case you play skill based games and believe that you can win even when you know you are starting the race from behind.
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February 12, 2017, 09:31:44 PM
 #69

oh we still discussing that these days , come on guys casinos aren't charities and they won't run if that is possible
but in some cases you can use the promotions to lower the HE , and rarely there are some events that you have +EV but it's rare
like the bingo competition that primedice used to run , but in normal days you can't beat the edge
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February 12, 2017, 10:03:27 PM
 #70

oh we still discussing that these days , come on guys casinos aren't charities and they won't run if that is possible
but in some cases you can use the promotions to lower the HE , and rarely there are some events that you have +EV but it's rare
like the bingo competition that primedice used to run , but in normal days you can't beat the edge
How about making some lucky rolls and winning a big amount of money and stop rolling and exit the site forever.If i could do that then i am beating the house.What is the bingo competition you are talking about and i have not seen anything run by primedice for the past few months. Am i missing something here ?

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cryp24x
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February 12, 2017, 10:55:42 PM
 #71

maybe gambler never can beat house edge only in online casino.
Need not to be true.
It always too hard to beat the house edge in all type of casinos when are competing against house (unless it is a player vs player environment). If you are able to beat them consistently, in long run houses will go bankrupted.
I never heard there is any gambler can winning big in casino online even though there is who can win huge amout it's from lottery or slot machine. yeah maybe we have think hard to beat the house edge but I think in casino online we against system and i'm sure everything is already set by the system.

Their are some big whales who have beat the house edge and won big high but that was due to they just played some bets with all in and as soon as they won they withdrawn it and never turned back, other then that i dont think that anyone was able to win against the house edge on long term.

Well it is a matter of timing.  If you timed your quitting during the winning streak, you definitely beat the house edge and exit with a win. But if you get greed and keep on playing, eventually  you will lose all the winnings including your bankroll or worst, you make several deposit more just to beat the house lol.
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February 12, 2017, 11:46:27 PM
 #72

oh we still discussing that these days , come on guys casinos aren't charities and they won't run if that is possible
but in some cases you can use the promotions to lower the HE , and rarely there are some events that you have +EV but it's rare
like the bingo competition that primedice used to run , but in normal days you can't beat the edge
How about making some lucky rolls and winning a big amount of money and stop rolling and exit the site forever.If i could do that then i am beating the house.What is the bingo competition you are talking about and i have not seen anything run by primedice for the past few months. Am i missing something here ?

nope that doesn't mean that you beat the house edge , that just means you got lucky
when we are talking about beating the edge this means that whenever you wager you are expecting to win and that's not the case

about primedice bingo it's one of the promotions in primedice where you have to wager and hunt some numbers
here is the link  https://bitcointalk.org/index.php?topic=1499249.0

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February 13, 2017, 04:23:39 AM
 #73

the thing about house edge that we should all know, is that house edge is there to make sure the house wins.
we already all know that the house always wins no matter what. and when the house edge comes into play, that means the house has even more chance of winning against the players.
if it was anything other than this, the house would have been bankrupt.

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February 13, 2017, 04:28:09 AM
 #74

the thing about house edge that we should all know, is that house edge is there to make sure the house wins.
we already all know that the house always wins no matter what. and when the house edge comes into play, that means the house has even more chance of winning against the players.
if it was anything other than this, the house would have been bankrupt.
With that, there is no way you can beat the house edge, the only thing you can do is to minimize your loses by limiting your bets. The house edge gives them a winning moment most of the time and if we go stick with it and spend more time, it means more loses on our part.
By understanding our chances, we will be able to minimize our loses and we will learn that enjoying is more important than seeking for a win.

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February 13, 2017, 05:41:00 AM
 #75

the thing about house edge that we should all know, is that house edge is there to make sure the house wins.
we already all know that the house always wins no matter what. and when the house edge comes into play, that means the house has even more chance of winning against the players.
if it was anything other than this, the house would have been bankrupt.
With that, there is no way you can beat the house edge, the only thing you can do is to minimize your loses by limiting your bets. The house edge gives them a winning moment most of the time and if we go stick with it and spend more time, it means more loses on our part.
By understanding our chances, we will be able to minimize our loses and we will learn that enjoying is more important than seeking for a win.

exactly that should how we treat gambling with house edge limiting or lessen the amount of loses than aiming for winning against the house, if you can control those emotions and just limit the amount of time that you will going to spend practically chances of getting some earnings will be possible but in the long run we should just spare little money that we are ready to lose.
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February 13, 2017, 07:16:34 AM
 #76

I can't beat the house edge since I don't have capital bigger than the house edge. I think only a gambler with a greater value than the house edge can beat it, could it be possible? There are many possibilities can happen, you may have a zero balance before you beat the house and it will really take a long run.

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February 13, 2017, 09:03:17 AM
 #77

I can't beat the house edge since I don't have capital bigger than the house edge. I think only a gambler with a greater value than the house edge can beat it, could it be possible? There are many possibilities can happen, you may have a zero balance before you beat the house and it will really take a long run.
Having a big capital does not ensure we can beat the house edge, they are in the business and they operate for profit. They set the rules and they can limit the bet. Honestly, we cannot beat them, we should accept that, if we feel we are clever, think twice, they would not last in the business if they are not smarter than us.

R


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February 13, 2017, 09:30:42 AM
 #78

Theoretically, we can't beat the house edge, because it is the profit source of casinos, sportsbook, you know they are making money, most casinos with house edges operate in very long term.
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February 13, 2017, 10:27:36 AM
 #79

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?
Actually beating the house edge is impossible . I tried gambling for about 1-2 year before I was experienced in bitcoin about legit vs scam ways .
I tried every possible stretagy and tricks to make profit but at the end of every long run gambling I made loss but still got only some small ideas of  making only a very little amount of profit .
I started to make stretagy of gambling and also find some on google but overall my experience told me never bet continuously more than 10 times . Otherwise chances of losing became increases repidaly .
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February 13, 2017, 10:31:12 AM
 #80

Theoretically, we can't beat the house edge, because it is the profit source of casinos, sportsbook, you know they are making money, most casinos with house edges operate in very long term.
And in terms of capital, they are also more aggressive than us because they know they have the edge to win over the gamblers. House edge is the big reason why they operate in profitably in the industry, they gave us the entertainment and in return they have to take our money. That's the reality.

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