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Author Topic: Can you beat the house edge  (Read 3947 times)
milewilda
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February 15, 2017, 09:40:05 AM
 #101

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.
Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.

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February 15, 2017, 09:43:43 AM
 #102

it is impossible. and the reason for it is very simple if you think about it.
house edge helps the house to win and house winning means they stay alive and make money. and as a business you need to make money consistently or in total at least.
in other words if we could beat the house edge, that would have meant house going bankrupt and that can not happen.

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virasisog
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February 15, 2017, 10:17:46 AM
 #103

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.
Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.
That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a  the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.
brituspol
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February 15, 2017, 10:23:23 AM
 #104

That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a  the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.
Christ.... please don't use such terminology, i.e "provably fair" actually, if you don't know the meaning behind it or how it actually works.
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February 15, 2017, 10:33:40 AM
 #105

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.
Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.
That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a  the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.
No, it is not about the random. Even if it is provably fair, we can never beat the house. This system is created to take away people's money and generate fund for the campaign manager. If you think you can beat it, you are totally wrong. The more you play, the more your realize how hard can it be. I have tried my luck for several time but the result still remains zero. I only lose my money.

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machinek20
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February 15, 2017, 11:00:12 AM
 #106

I seriously doubt we can beat the house edge, if most of us can beat the house edge then there wont be any casino left, the casino had set a great calculation so the advantage is on their site, yes we can beat the house but most of the time we will lose against it
daringdiscovered
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February 15, 2017, 11:06:20 AM
 #107

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.
Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.
That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a  the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.
No, it is not about the random. Even if it is provably fair, we can never beat the house. This system is created to take away people's money and generate fund for the campaign manager. If you think you can beat it, you are totally wrong. The more you play, the more your realize how hard can it be. I have tried my luck for several time but the result still remains zero. I only lose my money.

Beating the house is really impossible. If people can beat them then it will be the end of the casinos or gambling sites. And no casinos will ever be built again. People think they can beat it because they win at first. But that is how the house edge works, you start winning first and if you don't play it smart you will just eventually lose it in the end.
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February 15, 2017, 11:06:54 AM
 #108

I seriously doubt we can beat the house edge, if most of us can beat the house edge then there wont be any casino left, the casino had set a great calculation so the advantage is on their site, yes we can beat the house but most of the time we will lose against it

Exactly. House edge is just a fixed loss for every players bet so it is impossible to beat if a player is betting continously with fixed bet. The only chances to beat it is to bet in burst amount and hope to win. Because house is neglected if a user won on a single bet and never bet again. In that way you actually defeat it.
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February 15, 2017, 03:30:34 PM
 #109

I seriously doubt we can beat the house edge, if most of us can beat the house edge then there wont be any casino left, the casino had set a great calculation so the advantage is on their site, yes we can beat the house but most of the time we will lose against it

Exactly. House edge is just a fixed loss for every players bet so it is impossible to beat if a player is betting continously with fixed bet. The only chances to beat it is to bet in burst amount and hope to win. Because house is neglected if a user won on a single bet and never bet again. In that way you actually defeat it.
This method could really be considered that you already heated the house since you already make profit against the house with that single big bet but in my own opinion its really very risky to do and not anyone does have the balls to do that thing.

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February 15, 2017, 06:04:13 PM
 #110

The house edge always exist, even in the lowest percentage it still exist. You can't beat it by a strategy or the like IMO since it's just simple math and it will exist regardless of your strategy, it's just about luck being in the positive side of the odds.
HanSchultz
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February 15, 2017, 10:55:47 PM
 #111

The only way beat the house edge is to exploit a bug in the system.
That is called hacking and if you are good at it you don't waste time trying to hack a game site rather you will be doing something useful.Winning big exploiting a bug is still illegal and if you are caught you might land in jail.
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February 16, 2017, 08:35:17 AM
 #112

The only way beat the house edge is to exploit a bug in the system.
That is called hacking and if you are good at it you don't waste time trying to hack a game site rather you will be doing something useful.Winning big exploiting a bug is still illegal and if you are caught you might land in jail.
Hacking is a hard thing to do, don't think you can easily hack the system of a gambling sites, they have the best IT on board. Before they operate the business, they have already determined the risk in this kind of business and as they have determined, they need to hire people who can help them run the business successfully. If you heard some sites are getting hacked, probably that was just an inside job.

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virasisog
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February 16, 2017, 09:02:24 AM
 #113

The only way beat the house edge is to exploit a bug in the system.
That is called hacking and if you are good at it you don't waste time trying to hack a game site rather you will be doing something useful.Winning big exploiting a bug is still illegal and if you are caught you might land in jail.
Hacking is a hard thing to do, don't think you can easily hack the system of a gambling sites, they have the best IT on board. Before they operate the business, they have already determined the risk in this kind of business and as they have determined, they need to hire people who can help them run the business successfully. If you heard some sites are getting hacked, probably that was just an inside job.
Well that's true ,If you think you can hack their system go ,but bare in mind that the sites are 24/7 monitorize .Maybe they dont have the best IT but many of them is a team you can't easily do that job .Insidejob is also a hard thing because there no way for you to not be caught unless you are the best hacker world wide. Its better if you accept that you can't beat the house edge .
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February 16, 2017, 01:47:23 PM
 #114

I seriously doubt we can beat the house edge, if most of us can beat the house edge then there wont be any casino left, the casino had set a great calculation so the advantage is on their site, yes we can beat the house but most of the time we will lose against it

It is quite difficult to calculate or beat house edge manually because it is very complicated algorithm involved and for a normal person not possible to guess or calculate. That's the reason we always say gambling results mostly depends on only luck. Once we can't predict the result, then gamblers can't beat house edge either in the short term or longer term.
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February 16, 2017, 02:01:39 PM
 #115

It is very hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

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February 16, 2017, 02:05:36 PM
 #116

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.
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February 16, 2017, 02:14:08 PM
 #117

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.
There are two types of gamblers on which those wise and dumb ones or shall we say those addicted ones on playing gambling. Experience does realyl matter since we do learn from it anytime we do commit mistakes wise people would eventually avoid that thing again for not to be happen.

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February 16, 2017, 02:21:25 PM
 #118

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.
Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.
That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a  the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.
No, it is not about the random. Even if it is provably fair, we can never beat the house. This system is created to take away people's money and generate fund for the campaign manager. If you think you can beat it, you are totally wrong. The more you play, the more your realize how hard can it be. I have tried my luck for several time but the result still remains zero. I only lose my money.
You are right no matter how hard we try we do really lose by the house itself specially when we do play on longer runs we would definitely bust out no matter what.Trying hard to take advantage to the house is really a bad idea because on this way we do really lose even more.

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February 16, 2017, 02:35:13 PM
 #119

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.
Yes, we gamblers do not have control on ourselves and simply blaming on house edge for not able to beat it.

Long back, I had an experience like I gambled very disciplined and have stopped right after some profits and hence I believed  that I was able to beat the house edge. We need to be perfect to beat the house otherwise we are going to just experience the beauty of gambling, nothing else.
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February 16, 2017, 03:02:07 PM
 #120

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.
Yes, we gamblers do not have control on ourselves and simply blaming on house edge for not able to beat it.

Long back, I had an experience like I gambled very disciplined and have stopped right after some profits and hence I believed  that I was able to beat the house edge. We need to be perfect to beat the house otherwise we are going to just experience the beauty of gambling, nothing else.
Beating the house would actually be considered like that specially when we do stop and taking profits on their site.This is actually a clever way and should be maintained but we do know that not all day we do have our luck in able to sustain profits.

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