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Author Topic: Where are 0% house edge dice games at ?  (Read 183 times)
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October 03, 2018, 06:48:16 AM
 #1

Time to give the gambling power back into the people's hands !BTC
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October 03, 2018, 07:19:24 AM
Merited by dbshck (1)
 #2

Time to stop dreaming and understand that even the standard 1% house edge for dice is way better than any house edge you'll find in a non-Bitcoin casino. And forget about house edge in normal offline casinos.

But you should check out all the big dice casinos here. Take into account player loyalty (big faucets big rains, for example), wagering contests and other types of bonuses, and you find that 1% house edge can slowly go near to zero, if not positive.

Promotions also I have seen sometimes bring house edge to 0. I believe it was BetKing or one of those big dice sites that also reduce edge as you play more?

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Mirae
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October 03, 2018, 08:59:19 AM
 #3

just use dice-bet.com with 0.7% house edge

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October 03, 2018, 09:10:23 AM
 #4

lol Mirae, like slaman said, 1% is probably the best house edge ( or ever lower than that ) you'll find.

Otherwise www.edgeless.io It needs KYC though I'm pretty sure.

Promotions also I have seen sometimes bring house edge to 0. I believe it was BetKing or one of those big dice sites that also reduce edge as you play more?
To be honest, I don't really think it was BetKing, but I think bit-exo you can reduce your edge there. I'm not sure how you do it, never played.

At Yolodice, there is a ETH wagering contest going on, and first place is +EV,

because 1% of 756 = 7.56 ETH ( should be towards the house ) and the first place prize is 8.43 ETH at the moment.

You know what, shilling for signatures is too much work.
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October 03, 2018, 10:00:07 AM
 #5

Why in the world would any site be 0%? Gambling sites are made to make profit, and if someone told me that their dice site had a 0% house edge, I'd automatically assume that it is a scam
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October 03, 2018, 10:01:07 AM
 #6

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

You are welcome to start such a site  Grin
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October 03, 2018, 12:40:09 PM
 #7

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

It probably wouldn't help the player much anyways, at least not to increase the bankroll at the rate people want to increase it.  Would help to stay even over long periods of time flat betting, and give more life to systems.  0% edge is not a window to unlimited profits, and it would be hard to convince investors in purely gambler's ruins casino, where the bank has more money than the player and therefore has an advantage.  Plus a player can come in with more money than a casino as well.

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October 03, 2018, 12:59:16 PM
 #8

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

You can't find a zero house edge in the current time, you will find nohing if you keep trying that because this is a business model and both party will try to get profit so if there is zero house edge, where are they trying to get profit? Anyway for current situation dice-bet have offer 0.7% house edge which is the lowest you can get. Except there is event like I participated before, they offer 0% house edge but only limited time

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October 03, 2018, 04:43:14 PM
 #9

You'll only find 0% house edge on promos from dice sites.

Just go for casinos with house edge below 1%, which is a fair share in the crypto dice world, but remember to take a look at their fairness. Check their official thread, check reviews, look if people can withdraw without any problems and most important: look at their provably fair system and how rolls are generated.

Roll high and win big. Good luck. Wink

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October 03, 2018, 06:56:36 PM
 #10

0% house edge means the casino doesn't earn money from players/gamblers. Casinos are here to make profit, nothing else.

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October 03, 2018, 07:28:29 PM
 #11

Time to give the gambling power back into the people's hands !BTC
0% House Edge? Then these things would really be good just on promotional period and ive seen older gambling sites do able to offer this one but having a duration. I cant think off that someone do put a gambling
business and wont really put up a thing on where he do make money and thats the way of HE.If we do talk about on having nothing then how they would sustain? considering that maintaining just the site is already an expense thing.


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October 03, 2018, 07:45:24 PM
 #12

0% house edge means the casino doesn't earn money from players/gamblers. Casinos are here to make profit, nothing else.
Nope it is not that simple to conclude in that kind of thinking and it does not mean that Casinos won't be earning anything from the gamblers, it just simply means that the advantage in their bets are taken away from them, in short the game is even for both the gambler and the casino during their standard bet on their 2.0X multiplier. In standard dice sites during the 2.0X bets of their gamblers they have the edge usually at 50.5% meaning the gambler's chance of winning the bet is slightly lower at 49.5%

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October 03, 2018, 08:40:57 PM
 #13

I hardly ever see dice games or casinos in general with a 0% house edge, and that's for a good reason- having a house edge assures the casino operator that they'll be making a profit in the long run as the odds for a player to win in a game like dice are less than 50%, and so there's less risk as a result of this to the operator. Some sites or projects may temporarily have 0% house edge starting out to attract users, but this period of low edge usually doesn't last, and I haven't seen such a site in quite some time. The problem of a site not having reputation and possibly running off with your money can also occur with newer casinos, so keep this in mind.

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October 03, 2018, 09:23:11 PM
 #14

Time to give the gambling power back into the people's hands !BTC
Are you going to do that? Gambling power is not in casino's owners hands, not into people's hand but both of them share some percentage. You can't find zero house edge as it was already mentioned but some websites run this type of promotion where they lower house edge, I have seen it on 0.5% but can't remember if anyone had zero percentage for a while (yeah for a whilr because long term is a huge stupidity).

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October 04, 2018, 02:26:50 AM
 #15

I heard some dice game before with 0% house edge but they turn into scam and mostly gambling with 0% house edge are scam.
I advise you to stop looking for 0% house edge dice game and try other games instead like poker which is a base game skill.

Just want to share what I experienced playing dice game before. Honestly, it's hard to win this game and only a few people are lucky to win a big amount. However, in my experience, I win but in a small amount after that, I play again in the next day and test it again with large bet but instead of making more profit I lose them all.
So I suggest you play other gambling games than dice game.

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October 04, 2018, 03:40:08 AM
Merited by dbshck (1)
 #16

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

It costs a lot of money to maintain and improve a decent gambling service. The only way something sustainable that offers no edge will work is if it runs itself (smart contract) and is PVP. This will have a lot of shortcomings like the fact that users might never be able to find another party to match their bet and play against them. The margins of casinos are lower than you think after affiliate, bonuses, marketing, administrative costs, salaries. It really isn't that unreasonable that edges in the bitcoin scene linger around 1% for some pretty impressive services while normal casinos can be up to 15%.

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October 04, 2018, 06:24:47 AM
 #17

In my opinion I think a casino could be profitable with 0% house edge. I am pretty sure most of their large gains are mostly due to fear of the gamblers who risk too much.

However the reason why they can't exist is due to bots. Since the house edge is 0, the bots would be all over the dice site and basically do nothing but cause lag.

There are times when there is a legit dice site that offers 0% house edge and that's usually a promotion. Anyone other time its usually a scam site like we were proved before in the past.

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October 04, 2018, 07:41:48 AM
 #18

lol Mirae, like slaman said, 1% is probably the best house edge ( or ever lower than that ) you'll find.

Otherwise www.edgeless.io It needs KYC though I'm pretty sure.

Promotions also I have seen sometimes bring house edge to 0. I believe it was BetKing or one of those big dice sites that also reduce edge as you play more?
To be honest, I don't really think it was BetKing, but I think bit-exo you can reduce your edge there. I'm not sure how you do it, never played.

At Yolodice, there is a ETH wagering contest going on, and first place is +EV,

because 1% of 756 = 7.56 ETH ( should be towards the house ) and the first place prize is 8.43 ETH at the moment.

Thanks for that clarification, I cannot remember the exact dice site, but it had a leveling system where the more you wager, the higher your level, just like at most dice sites. But instead of higher faucets, or higher rain, or higher rewards, they gave you lower dice edge. It was one of the big sites, I simply can't remember it.

Bit-Exo I played there before, I don't ever recall the house edge being lowered, but yes like I said and if you point out: wagering contests especially are how you gain +EV... the problem is you have to compete with others and if you get knocked off in final days, you screwed Wink

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LokBTC
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October 04, 2018, 08:18:22 AM
 #19

What about EOSBet?

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October 04, 2018, 10:03:49 AM
 #20

How would they run the casino without house edge? If there is a casino with 0 house edge, it would become a scam sooner or later. There are casinos which offers low house edge (lower than 1%) for particular games take Stake for example.

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