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Author Topic: Where are 0% house edge dice games at ?  (Read 709 times)
examplens
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October 04, 2018, 12:13:26 PM
 #21

I think it's every casino which offers a 0% house edge must be a scam, even if they have a promotion period with limited time of profit. why someone would work without profit especially in the Gambling industry. Also, I think 1% is more than modestly and that would not be the first pick in the choice in which casino I will play.

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1982dre
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October 04, 2018, 01:11:38 PM
 #22

Well a house egde of 0% wont bring you anything in the long run. Playing marginale you can still get a big red streak.

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October 04, 2018, 01:28:17 PM
 #23

I think it's every casino which offers a 0% house edge must be a scam, even if they have a promotion period with limited time of profit. why someone would work without profit especially in the Gambling industry. Also, I think 1% is more than modestly and that would not be the first pick in the choice in which casino I will play.

Dont generalize like that, bitsler had 0% house edge promo in the past but were they scamming their users using the promo? Obviously NO. 0% house edge does not mean that players will always win, players will only get higher winning chances but still players are risking to lose all their money. Indeed the promo was not for long period of time, it was for an hour promo only IIRC but it was really great promo.

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ePesoInitiative
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October 04, 2018, 01:29:45 PM
 #24

Try the Edgeless Casino which is Ethereum blockchain-based. They said they can prove zero edge mathematically correct.

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October 04, 2018, 06:36:00 PM
 #25

Tell me, why would any casino operate a game with a 0% house edge? Even a smart contract needs gas to operate so there has to be some fee deducted.

Are you completely delusional into thinking that it costs zero money to operate a casino? Explain to me how promotions, marketing, operations and customer support are maintained if this is the case?

Next time you'll be asking for a roulette wheel with no zero.
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October 05, 2018, 07:40:44 AM
 #26

I think it's every casino which offers a 0% house edge must be a scam, even if they have a promotion period with limited time of profit. why someone would work without profit especially in the Gambling industry. Also, I think 1% is more than modestly and that would not be the first pick in the choice in which casino I will play.

Dont generalize like that, bitsler had 0% house edge promo in the past but were they scamming their users using the promo? Obviously NO. 0% house edge does not mean that players will always win, players will only get higher winning chances but still players are risking to lose all their money. Indeed the promo was not for long period of time, it was for an hour promo only IIRC but it was really great promo.

Yeah, if we use that logic, then for sure every +EV promotion is a scam. And every giveaway, every free gift, is a scam. It's called marketing! Promotions in gambling work to attract players for a chance to win something with the odds in their favor. The hope is that these players return or continue to play after the promotion. And a chance just means a chance. Plenty of people still end up losing with odds in their favor. The house bets on players playing long enough for variance to get them busted.

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October 05, 2018, 09:10:44 AM
 #27

I think we don't have to search of 0% house edge dice games because I think it's difficult and better to find at the recommend gambling site. Besides that, I think we don't have any chance to win much money in dice games although we have a good strategy unless we have luck in the game. So for me, I don't mind to play in the other gambling site and don't think about anything else except to play the game.

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October 13, 2019, 08:16:28 PM
 #28

Time to give the gambling power back into the people's hands !BTC

Oh, its a hot topic and I like this.
I talked with my friend about dice with 0% home edge.
And we stopped in opinion, it can a profitable, if dice use cryptocurrency with 0 issue and creators of dice have a peace of fee on transaction.
Exampe: Jack have 30% hashrate of DiceCoin. And he create dice with 0% home edge. Luca will be a player. And Luca replenish wallet in dice. He pay 0.001 coin for transfering coin. And Jack got 0.0003 coin. You think about this?

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October 13, 2019, 09:36:55 PM
 #29

No dice site owners would want a dice game that doesn't have house edge at all. I'll ask you this question op, are you willing to run a dice game site without earning a single profit from it?. Let me guess, your answer would be a big "NO". Well, you can find a site that has low house edge like 0.8% or 1%.

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October 13, 2019, 10:03:26 PM
Last edit: October 15, 2019, 12:19:20 PM by khaled0111
 #30

Time to give the gambling power back into the people's hands !BTC
the power hasn't been into people's hands, ever

Exampe: Jack have 30% hashrate of DiceCoin. And he create dice with 0% home edge. Luca will be a player. And Luca replenish wallet in dice. He pay 0.001 coin for transfering coin. And Jack got 0.0003 coin. You think about this?
I don't think it will work. Players deposit once in a while just when their deposit wallets run out of money. Fees collected will not suffice to pay the casino's expenses.

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October 13, 2019, 10:13:27 PM
 #31

Time to give the gambling power back into the people's hands !BTC
I think the dice on Coinpot has 0% hedge, because all numbers count but I'm not sure if it doesn't earn money in another way.

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October 13, 2019, 11:16:12 PM
 #32

In theory the operation could charge a fixed cost or buy in and then you have a level 0% to gamble with but that does mean the greater the bet size the more risk the casino or website is taking on.   Liquidity or floating the capital risk each day is a cost to them and the more people that bet, the bigger the cost to find that capital so percentage costs make sense tbh.

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October 13, 2019, 11:17:35 PM
 #33

Oh, its a hot topic and I like this.
I talked with my friend about dice with 0% home edge.
And we stopped in opinion, it can a profitable, if dice use cryptocurrency with 0 issue and creators of dice have a peace of fee on transaction.
Exampe: Jack have 30% hashrate of DiceCoin. And he create dice with 0% home edge. Luca will be a player. And Luca replenish wallet in dice. He pay 0.001 coin for transfering coin. And Jack got 0.0003 coin. You think about this?
If the coin he's mining had enough value and at the same time have hundreds of players then it's possible for him to sustain a dice site with no house edge.

I don't think it will work. Players deposit once in a while just when their deposit wallets run out of money. Fees collected will not suffice to pay the casino's expenses.
If deposits are fixed in certain amounts(like chips) it could work since they're forced to deposit multiple times but this would only discourage gamblers from playing longer because they're getting less before they're able to gamble.

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October 13, 2019, 11:26:25 PM
 #34

Wait, what is the use of house edge?
It is like additional odds favoring the gambling site?
For example, if you set your win probability in 50%, then the gambling site will cut 1% in the 50%?
That's how I understand the house edge, please help me to understand if I was wrong.

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josephdd1
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October 14, 2019, 01:21:13 AM
 #35

Wait, what is the use of house edge?
It is like additional odds favoring the gambling site?
For example, if you set your win probability in 50%, then the gambling site will cut 1% in the 50%?
That's how I understand the house edge, please help me to understand if I was wrong.

Its funny how you do not understand what a house means and yet you are here promoting a gambling site through your signature space.. very funny and interesting indeed.
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October 14, 2019, 02:39:28 AM
 #36

Wait, what is the use of house edge?
(....)
Its funny how you do not understand what a house means and yet you are here promoting a gambling site through your signature space.. very funny and interesting indeed.
Yes, that's why I am here in the forum to learn those things, and there's no such things rule about on my signature campaign about that house edge. I'm here to make discussion and learn from other people, if you can't answer properly my question, then it's much better to shut up or ignore my post.
I think, asking some question is not funny compare on just spamming here in the forum with some useless topic.

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October 14, 2019, 02:41:50 AM
 #37

It’s just wishful thinking mate  Grin, there is no dice game that has 0% house edge ever unless you make one for yourself. House edge is like the bread and butter of the gambling sites meaning they can get profits through it’s house edge thus, no businessman/owner of that gambling site will ever make a gambling site that has 0% house edge.
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October 14, 2019, 02:48:47 AM
 #38

Hmmmm it would be very nice if a site or casino has 0% house edge but sadly, I haven’t encountered any gambling sites or casinos that offers 0% house edge even when they have promotions the house edge tend to lower but it has never reached 0% house edge. I think if you want to have a dice game that has 0% house edge then you’ll have to create one for yourself and you are welcome to share it to us  Cheesy. Kidding aside, please bare in mind that having 0% house edge will not give you any profits so it'll be a waste of your effort.
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October 14, 2019, 03:17:01 AM
 #39

AFAIK, no game dice that 0% house edge.

Time to give the gambling power back into the people's hands !BTC
nothing is truly free in this world, the Gas fee is also needed to return it to the people.

snip...
Its funny how you do not understand what a house means and yet you are here promoting a gambling site through your signature space.. very funny and interesting indeed.
I don't think there is anything wrong with the question!!  because the signature job does not require workers to understand gambling in detail.

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October 14, 2019, 04:54:49 AM
 #40

I remember that the Edgeless (EDG) project got the attention of gamblers because, from its name itself, they are promoting a house without edge, a 0% house edge to Edgeless Casino. What they are offering is risky yet attractive and if I am not mistaken they were able to raise millions of USD in their ICO. They are just probably banking on human error in gambling, which includes being greedy of course. But the Ethereum-based project looks dying today. Whether its 0% casino has something to do with it, I am not sure. The volume is almost hitting rock bottom as well.

Wait, what is the use of house edge?

In its simplest terms, it is the source of income of casinos.  Grin

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