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Author Topic: Can you beat the house edge  (Read 3947 times)
bering
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February 13, 2017, 02:59:10 PM
 #81

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.
i heard some but rare to see and if i'm not mistaken that there is person could won 250 btc and running giveaway 0.5 btc for each person and available for 15 people so i think this person has already beat the house and that means beat the house still possible but indeed it cannot do with very often because require a lot of luck

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February 13, 2017, 06:20:09 PM
 #82

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.
You are sounding like "in long run, every gambler will be facing losses only". It must be true as one day other when our luck is not favoring, we will face loses. It does not mean we never beat the house edge, but in long run or in consolidated results house alone wins more than what we profit. There will be no meaning on winning one or two times out of hundred attempts.
basically the problem is that even when you play 100 times and not you will win 2 times, instead you will win around 45-55 chances but the problem is that when you will total up your losses and wins then you will notice that loss is actual total outcome.

You cannot beat the edge, note it man !
But yeah if you have enough endurance to stay away from gambling once you win then you will surely win some.
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February 13, 2017, 06:53:43 PM
 #83

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.

That's the purpose casino created. If we looking for profit, that's just become a disaster, you will be addicted and just waste money with them.
House always win can not be disputed, that's the way gamble company make a profit.
Where they making money apart from our money?
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February 13, 2017, 07:18:25 PM
 #84

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.
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February 13, 2017, 08:19:31 PM
 #85

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

But there are some gamblers with positive balance in casinos for a long time. Looks they really made profit on long term, or didn't the long term reach to them yet? Maybe it can vary from one to another gambler...

 
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February 13, 2017, 11:16:21 PM
 #86

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

I agree lol if you play in the long run you will really lost mathematically Smiley


But there are some gamblers with positive balance in casinos for a long time. Looks they really made profit on long term, or didn't the long term reach to them yet? Maybe it can vary from one to another gambler...

Probably you have seen a freshly deposit bankroll Cheesy,  or maybe they know how to quit when they have some good amount of winning.  Other player tends to play across all the casino platform withdrawing their bankroll plus winnings before the losing streak strike them and deposit the bankroll to other Casino to start all over again.
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February 13, 2017, 11:51:32 PM
 #87

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.
There some people have made million dollar play against the house edge
Please keep in mind that not everyone will lost, there is lucky guy who managed to keep the profit for years
Now what would you talking about when  he successfully did it?
You can beat the house edge, it's just the matter whether luck choose you or not.
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February 14, 2017, 12:55:51 AM
 #88

Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.
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February 14, 2017, 03:08:02 AM
 #89

Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.

Definitely, Luck  is the only key to beat house edge, If you feel very lucky, then bet huge amount on gambling at one shot then pray to win, in that situation if your bet won, you actually beat the house edge, House edge is actually effective on long that's why you need to bet fast
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February 14, 2017, 05:20:20 AM
 #90

Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.

Definitely, Luck  is the only key to beat house edge, If you feel very lucky, then bet huge amount on gambling at one shot then pray to win, in that situation if your bet won, you actually beat the house edge, House edge is actually effective on long that's why you need to bet fast
I doubt one would put a bigger amount even if he feels he is so lucky, that is based on a person's attitude. There are people who are willing to take bigger risk and with that, they have a good chance to take big profits but also they are at risk of losing big amount of money. It's a fair chances, you win and you lose but never bet what you can afford to lose.

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February 14, 2017, 12:59:56 PM
 #91

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
Why you guys just consider gambling as casinos and dice sites ?

Gambling is a wide term and even the bets made at home, in races and even guessing things like how much time after the pizza will arrive is a gamble. Basically me and my friends do betting where the one ones who make wrong guesses pays for the pizza. I can proudly say I eaten more than I paid for Tongue and hence I am in win even after long term.
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February 14, 2017, 01:11:02 PM
 #92

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
Why you guys just consider gambling as casinos and dice sites ?

Gambling is a wide term and even the bets made at home, in races and even guessing things like how much time after the pizza will arrive is a gamble. Basically me and my friends do betting where the one ones who make wrong guesses pays for the pizza. I can proudly say I eaten more than I paid for Tongue and hence I am in win even after long term.

because first of all most people around here are playing dice and many of them have only played dice as the only gambling game they ever play.

also house edge is similar in all cases. what you are describing (you betting with your friends by guessing something) does not have any house edge because there is no house and you all have equal chance (unless someone is cheating).

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February 14, 2017, 03:40:30 PM
 #93

Temporarily yes, longtherm not...
What if you are lucky in the long term,it all depends upon your luck and gambling strategy .If you are a rage gambler you will never win and never plan on becoming rich in a single day. If you could follow all those then you could beat the house ,but the margin of error is really slim.
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February 14, 2017, 04:21:05 PM
 #94

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.
One way is that but the temptation will get you gambling again I can guarantee friend. I think rather than that just do freestyle betting on dice and do not apply any strategies because all what these strategies do is to just make you optimistic and a looser.

While freestyle gambling will not guarantee any profits I agree but surely is much better than a chasing a goal. Just gamble any amount normal odds and stop once you feel is enough.

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February 15, 2017, 07:04:17 AM
 #95

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.
One way is that but the temptation will get you gambling again I can guarantee friend. I think rather than that just do freestyle betting on dice and do not apply any strategies because all what these strategies do is to just make you optimistic and a looser.

While freestyle gambling will not guarantee any profits I agree but surely is much better than a chasing a goal. Just gamble any amount normal odds and stop once you feel is enough.
Doing a freestyle betting gives no pressure at all, we can bet only base on our instinct by luck we can win. Using that method will certainly not gonna give us headache as we will not be more curious and go deeper in seeking for a winning strategy that has not existed at all.

That way, you can enjoy and will not gonna make you addicted like other irresponsible gamblers have experience.

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February 15, 2017, 07:13:41 AM
 #96

Temporarily yes, longtherm not...
What if you are lucky in the long term,it all depends upon your luck and gambling strategy .If you are a rage gambler you will never win and never plan on becoming rich in a single day. If you could follow all those then you could beat the house ,but the margin of error is really slim.
then it has different story, luck always be the number one factor that could makes anyone break something impossible in gambling. and it's rare happened so you can't expect on it at all. i guess the house edge could lost over the player if there is an exploit attempt in the system , otherwise hard to make it happen.

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February 15, 2017, 07:58:45 AM
 #97

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?

Many gamblers start their gambling experience exactly like you described. They think they've found a way to beat the house edge and thus to make money with gambling. But the truth is, it's an illusion. And actually it's not about the house edge which can be 0.5% or even less than that on some sites. It's about the fact that you just can't always win and that no one knows how many times you can lose in a row.
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February 15, 2017, 08:53:25 AM
 #98

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?
It is so impossible to beat the house edge even you won some amount it doesn't mean you beat the house edge .That's why gambling or casino's have a house edge obviously they are created to earn profits and for fun time not to giveaway bonus and jackpots .
i think you must be contented if you earn don't question about gambling because the only answer there is you will their house edge even you are the best gambler .
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February 15, 2017, 09:05:19 AM
 #99

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?
It is so impossible to beat the house edge even you won some amount it doesn't mean you beat the house edge .That's why gambling or casino's have a house edge obviously they are created to earn profits and for fun time not to giveaway bonus and jackpots .
i think you must be contented if you earn don't question about gambling because the only answer there is you will their house edge even you are the best gambler .

yes you are right it is impossible to beat the housee edge because it is the owner of the game. You cannot beat the owner because its his/her system actually. It is his/her program as well. So you must think out of the box.
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February 15, 2017, 09:27:15 AM
 #100

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?
It is so impossible to beat the house edge even you won some amount it doesn't mean you beat the house edge .That's why gambling or casino's have a house edge obviously they are created to earn profits and for fun time not to giveaway bonus and jackpots .
i think you must be contented if you earn don't question about gambling because the only answer there is you will their house edge even you are the best gambler .

yes you are right it is impossible to beat the housee edge because it is the owner of the game. You cannot beat the owner because its his/her system actually. It is his/her program as well. So you must think out of the box.
Then if no one can't beat the house edge, what is the purpose of the sign they have been posting in in their site like Provably fair.
Theyre system is made randomly and so people or gamblers have fun and try out their luck. We must not think negatively of the sites.
If none is winning in a gambling site, then I think they're luck has just run out.

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