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Author Topic: What do you think about Casino with 0% Edge?  (Read 3696 times)
smyslov
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October 18, 2019, 04:59:37 AM
 #161

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Can you name that gambling sites will be open without a house edge, this is good promotion but I doubt if they can keep on, not saying that they will fail but, if they couldn't get a profit, how can they continue their operation, they can offer this to a limited period of time but not permanently if they want to stay in this business, gamblers are ok with house edge a much lower house edge than the other gambling site, it's fair for everyone.
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October 18, 2019, 06:44:39 AM
 #162

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Can you name that gambling sites will be open without a house edge, this is good promotion but I doubt if they can keep on, not saying that they will fail but, if they couldn't get a profit, how can they continue their operation, they can offer this to a limited period of time but not permanently if they want to stay in this business, gamblers are ok with house edge a much lower house edge than the other gambling site, it's fair for everyone.

if you can see the date the he posted it . it was on the year 2017 . if ever there were zero house gambling those days , they wont still survive until today and i guess im corect because there are now no popular gambling site that has a totally zero house edge  . most that we see are only 1 and there are few that less than 1 but those are only thier claims and we still didnt know if they are lying or not  because i think there is no way for us to verify the exact edge that they are using  .
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October 22, 2019, 07:42:03 PM
 #163

We are currently working on a casino without any house edge. To give you some answers to your questions: 1We are not looking for profits.2We paid for the hosting costs and do all development as a sort of hobby. please ready our thread if you have any more questions! Smiley
Did you raise the long-hidden thread just to promote your gambling site that provides a 0% house edge?
I think this is useless!

0% house edge sounds really impossible because that's the only source of income from a gambling site
even if you only profit from the withdrawal fee, I don't think you will be able to cover all the costs you need
0% house edge indirectly I think is a hoax.

Well i didn't really feel like starting a new discussion.. Since there were old thread that are not closed an related to the topic.

We do not profit from withdraw fee. We are not looking for any income. What costs did you have in mind? All we pay for is hosting lol. Tongue



We are currently working on a casino without any house edge. To give you some answers to your questions: 1We are not looking for profits.2We paid for the hosting costs and do all development as a sort of hobby. please ready our thread if you have any more questions! Smiley
Did you raise the long-hidden thread just to promote your gambling site that provides a 0% house edge?
I think this is useless!

0% house edge sounds really impossible because that's the only source of income from a gambling site
even if you only profit from the withdrawal fee, I don't think you will be able to cover all the costs you need
0% house edge indirectly I think is a hoax.
Digging up some old thread just to announced up their no house edge site.Yes, it do sounds good but wouldn't be enough for them to get some players.

Ive seen that poster above where shilling out his site all over the place telling that they do pay up everything when it comes to expense just to make
people experience on having no edge place but if we do think generally its really impossible for a gambling site to have no edge yet gambling sites are businesses.
Unless if you do build up some charity then its understandable.

Like i said above. Didn't feel like starting a new discussion.
Yes we pay everything, running a online casino isn't so expensive as you guy think. The only cost we have at the moment is hosting, which we consider as all most nothing.






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October 22, 2019, 08:18:43 PM
 #164

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

Can you name that gambling sites will be open without a house edge, this is good promotion but I doubt if they can keep on, not saying that they will fail but, if they couldn't get a profit, how can they continue their operation, they can offer this to a limited period of time but not permanently if they want to stay in this business, gamblers are ok with house edge a much lower house edge than the other gambling site, it's fair for everyone.
Without house edge it is impossible, and if that's true they might have got other games with increased house edge. When it comes to casinos there might be limitations on spending as well the maximum payout. This is possible based on calculative script making, Else this will be of faucets.

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October 22, 2019, 09:08:06 PM
 #165

I would say that any casino running with a 0% house edge is likely just biding its time before it pulls off an exit scam.

After all, operating costs alone can rack up to a considerable amount for a casino, offering 0% house edge likely gives the casino zero income, unless they have another source.

Because of this, I would avoid playing at any casino with no house edge, unless they have a highly convincing strategy of generating revenue in some other way.


imstillthebest
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October 25, 2019, 09:34:01 AM
 #166

I would say that any casino running with a 0% house edge is likely just biding its time before it pulls off an exit scam.

After all, operating costs alone can rack up to a considerable amount for a casino, offering 0% house edge likely gives the casino zero income, unless they have another source.

Because of this, I would avoid playing at any casino with no house edge, unless they have a highly convincing strategy of generating revenue in some other way.

why can they just be honest and tell the truth about thier duration because that will make them look trusted than not saying anything about thier exit plans. that way they can get more costumer and who knows maybe they get good karma and they can win over those gamblers which should also prolong thier site life .
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October 25, 2019, 05:38:12 PM
 #167

I would say that any casino running with a 0% house edge is likely just biding its time before it pulls off an exit scam.

After all, operating costs alone can rack up to a considerable amount for a casino, offering 0% house edge likely gives the casino zero income, unless they have another source.

Because of this, I would avoid playing at any casino with no house edge, unless they have a highly convincing strategy of generating revenue in some other way.

why can they just be honest and tell the truth about thier duration because that will make them look trusted than not saying anything about thier exit plans. that way they can get more costumer and who knows maybe they get good karma and they can win over those gamblers which should also prolong thier site life .
Probably because they had a plan from a start to scam people who will deposit into their site. Obviously 0% house edge will not bring good revenue to the gambling owner. They had weekly or monthly expenses for the site where they are going to have it of course from the site. So, they will probably end up exit scam. Good advice is to stay away from this kind of service.

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January 24, 2020, 07:33:33 AM
 #168

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!

I feel anyone should not mind paying the edge looking at convinience online casinos allow for players to play in their preferred environment , be it on a couch or while at job. Also , edge of online casinos is less as compared to that of traditional casinos, thats around 1 % compared to 5 %. Online casinos too require edge to maintain their platform, pay money to developers , in promotions and also the owner would be earning for self too.
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January 24, 2020, 07:49:25 AM
 #169

i dont know how will a gambling site  makes profit without any edge?how can they support their activities without taking anything from players?
i think this is not possible unless they are offering other sort of making money to sustain.though this is the problem from more sites to gain gamblers to play because of their high house Edge but for me it is not applicable for Gambling sites to operate without any percentage,maybe smaller is much better but not totally free.









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January 24, 2020, 08:16:25 AM
 #170

i dont know how will a gambling site  makes profit without any edge?how can they support their activities without taking anything from players?
i think this is not possible unless they are offering other sort of making money to sustain.though this is the problem from more sites to gain gamblers to play because of their high house Edge but for me it is not applicable for Gambling sites to operate without any percentage,maybe smaller is much better but not totally free.

A Casino with 0% house edge is not possible.In slot machines this is not sustainable but it can be in Poker where the casino offers only the service for people to play poker and take a 1% from all winning hands.Some casinos advertises themselves with 0% house edge when they are offering such service.All other methods are not sustainable.

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January 24, 2020, 04:40:48 PM
 #171

Casino with zero edge might be there, but such services won't last for a long. In simple when a new gambling site is beginning its services maybe for the promotion purpose it can run for limited time period. If there is zero house edge what will be the earning of the casino owner. Whatever might be, everyone looks for profit and none runs gambling as a free service.

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January 25, 2020, 03:04:20 PM
 #172

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!
There are lot of activities that happen to support the online casino and also money goes in maintaining the platform and servers in support. Also , the developer and promoter of the site get into the business to earn some out of the services they provide. I guess asking for little edge on online casinos makes sense considering the convenience they provide of playing in your own comfort zone .
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January 25, 2020, 04:35:50 PM
 #173

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!
There are lot of activities that happen to support the online casino and also money goes in maintaining the platform and servers in support. Also , the developer and promoter of the site get into the business to earn some out of the services they provide. I guess asking for little edge on online casinos makes sense considering the convenience they provide of playing in your own comfort zone .
Any business do really need to profit yet building a site does really have a cost and also into its staffs.So, its nonsense for a gambling site or business
wont get any fees or house edge from to its players and yes it isnt really that bad unless if the owner/operator would ask too much.
A little house edge is considerable.

R


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January 29, 2020, 11:01:46 AM
 #174

I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?

I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.

I really hope this project will work out!
There are lot of activities that happen to support the online casino and also money goes in maintaining the platform and servers in support. Also , the developer and promoter of the site get into the business to earn some out of the services they provide. I guess asking for little edge on online casinos makes sense considering the convenience they provide of playing in your own comfort zone .
Any business do really need to profit yet building a site does really have a cost and also into its staffs.So, its nonsense for a gambling site or business
wont get any fees or house edge from to its players and yes it isnt really that bad unless if the owner/operator would ask too much.
A little house edge is considerable.
I think a 0% house edge game could be made feasible if it didn't carry risk for the house. As part of the services offered from a gambling website, it could serve as a source for traffic while profit is earned from other opperations.

Let's say, a dice site has a classic dice game as its main service, but also maintains a "market" for players to bet with 0% house in player vs player bets.
The casino would provide provably fair rolls for such wagers. Users could create "orders" in the market and have somebody match their order, or match the orders of others.
Orders would consist of tickets (lets say one satoshi each ticket) that would indicate the money locked by the order maker and a % chance percentage also set by maker.
Users willing to participate could buy as many tickets as they'd like for an order, and the purchase of the final ticket would result to a wager.

So for example, I go in the market to create an order, I want to bet 100 satoshi with a 50% chance to win. The casino creates an order of 100 tickets bought from me, and opposing tickets will also be 100. Once the rest of the 100 are bought, the house wagers and rewards the winner(s). The disadvantages might be that gambling in this manner isn't instant unless you find exactly the bed you want to do already in a "market order".

Perhaps to further justify providing this service, the casino could allow users depositing funds be opted in for bankrolling the main (for profit) dice game.

This idea isn't new, it's been done by peerbet in the past. Not sure if it's still offered there. Anybody know other websites offering 0% user to user wagers?

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January 29, 2020, 11:58:42 AM
 #175

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.

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January 29, 2020, 03:11:20 PM
 #176

I don't think any service claiming a rate of 0% is real or reliable because this is not possible. Generally, we can see that many services offer a minimum rate of 0.5% and a maximum of 3%. This ratio is predominantly at 1% levels and these ratios are both acceptable and realistic. If I think that zero rate is not possible and not believable, I think it would be beneficial not to use such services because no service that indicates rate can gain user trust in this way. For this reason, I do not trust any services that claim this rate and do not use any services. I do not recommend anyone to use it.
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January 29, 2020, 03:15:24 PM
 #177

~snip~
Without house edge it is impossible,.
^ Definitely right, probably there are possibilities that were selectively scamming people. Let me explain, just because, in traditional casinos, you can see all the employees physically doesn't mean online Casino doesn't have employees. An online casino might also have few employees, but guess what? You cannot compare the salary of a developer to a casino employee. But for sure Online Casino developer does have some benefits the same as the normal employees. But the basic salary is the difference. Nevertheless, what I mean is, Online Casino has to get edge payment at least minimal so they can also pay for their company expenses. Makes sense right?
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January 29, 2020, 04:32:22 PM
 #178

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.
I totally agree with your opinion..  gambling sites that implement 0% house edge will only make crimes like cheating people who have deposited on their gambling sites because they don't have the funds to make their sites survive.

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January 29, 2020, 04:50:22 PM
 #179

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.
I totally agree with your opinion..  gambling sites that implement 0% house edge will only make crimes like cheating people who have deposited on their gambling sites because they don't have the funds to make their sites survive.
though i don't really agree on the majority of the idea but there is truth in this matter,because how can they survive not having edge from every bets?
gambling sites gains big profit from the house edge and making this zero?there are some other factor to consider and be aware of every gamblers,not because offering is advantageous to us meaning we are the one will benefits because Site owner needs to make money and not to give for gamblers.

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January 30, 2020, 07:03:23 AM
 #180

If the gambling site applies a 0% edge, I don't think that they can pay any cost for their website because if they cannot get much profit from the gamblers, they cannot get the money. Besides that, maybe they will online for a short time because they cannot maintain their site and cannot pay any cost that will need monthly.

That can attract the gambling site to scam the gambler who deposits some money or big money because that will be a good target for them to get the money.
I totally agree with your opinion..  gambling sites that implement 0% house edge will only make crimes like cheating people who have deposited on their gambling sites because they don't have the funds to make their sites survive.
though i don't really agree on the majority of the idea but there is truth in this matter,because how can they survive not having edge from every bets?
gambling sites gains big profit from the house edge and making this zero?there are some other factor to consider and be aware of every gamblers,not because offering is advantageous to us meaning we are the one will benefits because Site owner needs to make money and not to give for gamblers.

Yup, the gambling sites will always gain more and more profit from the gamblers. I am too worry if there is a gambling site implement the 0% edge, and that will make me curious about how long they can survive by not taking the profit. The gambling doesn't want to share their profit with the gamblers unless the gambler can have luck in the middle of the games so the gambler can win that game.

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