BTCLovingDude
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Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
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March 16, 2017, 02:24:19 PM |
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I think the site will not survive for long term except they rigged the bet without being notice or the site has massive capital to survive Player who like 0% HE must re-think before they got scam on the future.
You are right because any casino offering zero or negative edge are likely to scam or something is fishy there. I can understand when a casino offers this as a promotional period but always then surely is something wrong. Moreover how many of us when gamble 1 bitcoins lose 0.01 only ? I guess none and that shows that it's not just the edge that makes us loose, rather gambling itself makes us loose no matter how big or small is the edge. well there are always promotional campaigns any casino can do, but most of the time they are new casinos that want to attract more users and there is nothing wrong or shady about it. i think you already know this part. but also even if they continue doing it i don't think there is anything wrong with it. the edge is just an "edge" not the only reason house wins. the house always wins because majority of the gamblers are pretty bad at it and on top of that they are also greedy. and greed is simply leading to a guaranteed house win.
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--looking for signature--
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michkima
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March 16, 2017, 03:56:09 PM |
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I think the site will not survive for long term except they rigged the bet without being notice or the site has massive capital to survive Player who like 0% HE must re-think before they got scam on the future.
You are right because any casino offering zero or negative edge are likely to scam or something is fishy there. I can understand when a casino offers this as a promotional period but always then surely is something wrong. Moreover how many of us when gamble 1 bitcoins lose 0.01 only ? I guess none and that shows that it's not just the edge that makes us loose, rather gambling itself makes us loose no matter how big or small is the edge. well there are always promotional campaigns any casino can do, but most of the time they are new casinos that want to attract more users and there is nothing wrong or shady about it. i think you already know this part. but also even if they continue doing it i don't think there is anything wrong with it. the edge is just an "edge" not the only reason house wins. the house always wins because majority of the gamblers are pretty bad at it and on top of that they are also greedy. and greed is simply leading to a guaranteed house win. It's not that gamblers are bad at gambling. No one is bad at gambling, everybody has the same luck as the other guy next to him. It's just that the casinos win over time due to the fact that statistically they are playing against so much players and they have really bigger bank roll than the gamblers themselves. So in the long run, casinos will profit even if they don't have house edge.
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piloder
Legendary
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Activity: 966
Merit: 1006
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March 16, 2017, 04:55:11 PM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
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Lionidas
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March 16, 2017, 05:51:20 PM |
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How does 0% edge casino survive because what that means they lose to the players most of the time right? Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.
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shapeshiftscam (OP)
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March 17, 2017, 08:01:30 AM |
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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.
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SONG GEET
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March 17, 2017, 10:45:31 AM |
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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.
But if they don't sell them right now they may loss that value in terms of fiat. Price of ETH had pumped really hard in last few days but there must be some price correction or even a dump in some corner. How does 0% edge casino survive because what that means they lose to the players most of the time right? Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.
0% house edge doesn't mean casino will not make any profit, house edge is there in most of the casino only to guarantee atleast some profit for casino on total wagered amount.
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Ayers
Legendary
Offline
Activity: 2800
Merit: 1024
Vave.com - Crypto Casino
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March 17, 2017, 11:08:51 AM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run
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Red-Apple
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March 17, 2017, 01:25:36 PM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run no it won't guarantee that. you can actually try this next time you found some new site or one of the old sites do this as promotion. go there and make a couple of rolls and you will see what i mean. the default setting of dice is on 2x and even with 0% house edge you will be still losing half the time while you were losing half plus a tiny bit more when house edge was 1%
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--signature space for rent; sent PM--
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maydna
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March 17, 2017, 01:31:30 PM |
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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.
But if they don't sell them right now they may loss that value in terms of fiat. Price of ETH had pumped really hard in last few days but there must be some price correction or even a dump in some corner. How does 0% edge casino survive because what that means they lose to the players most of the time right? Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.
0% house edge doesn't mean casino will not make any profit, house edge is there in most of the casino only to guarantee atleast some profit for casino on total wagered amount. and if the casino is not make any profit, it means its bad news for investor because investor make invest with the house and if the house can not get profit, the investor will run from the site and the site will be broke soon. i think its not good for investor to against the casino in gambling games and its better to be their side in the long term so the investor can make profit too. 0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
we know that we must have luck in gambling business even if there are any site site with 0% house edge, we still need our luck. but i don't know if in the future, the house is trying to apply 0%.
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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March 17, 2017, 02:16:08 PM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
You are right but betting on a no edge casino means you are then just like gambling without any advantage to the casino and hence much easier to win and actually easy to apply martingale strategies. Though 1% does not make sure that we would only win but it would certainly increase the chances of winning though the chances of site scamming with zero edge is high too.
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BitFinnese
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March 17, 2017, 02:25:39 PM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
You are right but betting on a no edge casino means you are then just like gambling without any advantage to the casino and hence much easier to win and actually easy to apply martingale strategies. Though 1% does not make sure that we would only win but it would certainly increase the chances of winning though the chances of site scamming with zero edge is high too. If we bet at a 0 edge house, this means all are fair, no advantage from the house. This means we have more chance of winning than betting in a Casino with x% house edge. I don't know if I got you wrong but it seems you are referring the house edge as the players advantage, which is actually the opposite. And there is no Casino house that gives an edge to the player. I have not seen any reverse edge Casino Site.
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Slark
Legendary
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Activity: 1862
Merit: 1004
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March 17, 2017, 03:35:54 PM |
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It's not that gamblers are bad at gambling. No one is bad at gambling, everybody has the same luck as the other guy next to him. It's just that the casinos win over time due to the fact that statistically they are playing against so much players and they have really bigger bank roll than the gamblers themselves. So in the long run, casinos will profit even if they don't have house edge.
There are certain games where skill or some reasoning what are you doing will help you win. Prime example: Poker When you know what you are doing you can achieve much better results in games like Black Jack too, there are set of rules which can help you win. We will be able to see how this idea of zero house edge casino will unfold itself - there is interesting project developed Edgeless.
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mOgliE
Legendary
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Activity: 1344
Merit: 1251
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March 17, 2017, 04:07:50 PM |
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Huh, ok I would clearly advise you to never play on a site with 0% house edge...
Let's be clear, if there is 0%... You gonna get screwed. A casino will NOT risk money with 0% house edge. It means either they cheat or they will leave with the invested money... What is... understandable is the short periods of 0% house edge, because it's a promotion event. But anything regular is pure trap.
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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March 17, 2017, 04:25:33 PM |
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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.
One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.
but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run Trying to retrieve your loss is never a good idea, not even when you're playing on a game with 0% house edge. You'd need an almost infinite amount of money and see the results over a long period of time to be able to make your money back.
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raven7886
Legendary
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Activity: 1512
Merit: 1041
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March 17, 2017, 06:27:47 PM |
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How does 0% edge casino survive because what that means they lose to the players most of the time right? Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.
It is a wrong understanding or myth that if a casino has 0% edge the it would loose because actually if a casino offers 0% edge means that they still have the equal chances as the gambler to win. It is like in-person gambling where we gamble against another player and even in that scenario we often end up loosing, so why would a casino with no edge loose ?
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geopolisch
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March 18, 2017, 06:13:39 AM |
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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.
If the price of ethereum is pumped or dumped that does not change things really because casino would always want to have an edge over players and having no edge over players means that they are running casino in public interest rather than their own interests which make no sense. Yeah, some coins that are new in market can make their dice sites where they offer no edge gambling and hence promoting their coins while gamblers get no edge fun.
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doomistake
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March 18, 2017, 06:44:52 AM |
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Edgeless casino offers such games with 0% house edge, they are running an ICO, it is invested with Ethereum tokens. For more information, you can read it here: https://bitcointalk.org/index.php?topic=1718384.0Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more. Every gamblers are looking for this kind of Casinos, and yes, I like Casinos with lower House Edge especially with the 0% house edge, meaning there is a higher chance that you could win every bet that you are going to make compare to those Gambling sites which have higher percentage of house edge. But still, I am not suggesting anyone that we should try this gambling site because it is still a gambling site, and we all know that will going to happen in our bitcoin if we are going to use it in gambling. I am just saying that this is a good gambling site because of their house edge, and not the good way to earn bitcoin.
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logisticalmother
Member
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Activity: 299
Merit: 10
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March 18, 2017, 06:53:16 AM |
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Im not sure for house edge, it is just a bullshit. as so far house edge on casino around 1%-0% it still made players lost. and they say you have prove them on provably fair.
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serjent05
Legendary
Online
Activity: 3024
Merit: 1280
Get $2100 deposit bonuses & 60 FS
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March 18, 2017, 07:01:48 AM |
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Huh, ok I would clearly advise you to never play on a site with 0% house edge...
Let's be clear, if there is 0%... You gonna get screwed. A casino will NOT risk money with 0% house edge. It means either they cheat or they will leave with the invested money... What is... understandable is the short periods of 0% house edge, because it's a promotion event. But anything regular is pure trap.
Uh well this is your idea of a 0% house edge. So where would we play? A Casino that has a house edge? If in case the casino with 0% house edge is proven to be stable, would you rather play on it? I do understand your idea but it is all assumption so there is a possibility that 0% house edge can function well. And we are not talking about scheme here, we are talking about pure 0% house edge. Of course with something like scheming is a different story.
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marlboroza
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March 18, 2017, 11:17:42 AM Last edit: March 18, 2017, 01:30:37 PM by marlboroza |
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Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.
Of course i like 0% house edge. To be honest slots in topic from link you gave us looks the same as faucetgame.com. Even design and colors are the same. And from what i know in faucetgame slots you can't lose, so how will this casino make profit? IMO it is just ICO promotion.
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