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Author Topic: Are there any casinos that have a 0% house edge?  (Read 489 times)
shield132
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April 09, 2019, 11:40:12 AM
 #21

Don't you want a casino which will give you free money forever? Just to make it clear: 0% house edge means casino has no profit from gambling, 0% house edge hugely increases chanses of your win which means casino will go bankrupt. If casino goes bankrupt, then who will pay you? No one, also don't believe if they say to have different monetization model, 0% house edge ruins everything, non different monetization can handle players' wins.

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April 09, 2019, 03:06:05 PM
 #22

Don't you want a casino which will give you free money forever? Just to make it clear: 0% house edge means casino has no profit from gambling, 0% house edge hugely increases chanses of your win which means casino will go bankrupt. If casino goes bankrupt, then who will pay you? No one, also don't believe if they say to have different monetization model, 0% house edge ruins everything, non different monetization can handle players' wins.

This is right buddy no one in online casino will offer a 0% house edge for the favor of their player first gambling site need to earn profit to maintain their services if their offer 0% house edge then thin twice before joining this online casino.

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April 09, 2019, 04:21:51 PM
 #23

None that I heard of. The house edge is how they make their money after all. Somewhat surprised with the replies here and might look them up.

I suppose it's possible to have 0% for one game that have low payouts and just get the bulk of income from the remaining games.
Following you with that. possible also to do it with one specific games where lots of visitors can bring benefits for the house in terms of monetizations, but it's still a big question whether it can be enough to support facilitating the gambling site, knowing that house edge is the bread and butter of this business.

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April 09, 2019, 04:55:14 PM
 #24

None that I heard of. The house edge is how they make their money after all. Somewhat surprised with the replies here and might look them up.

I suppose it's possible to have 0% for one game that have low payouts and just get the bulk of income from the remaining games.
Following you with that. possible also to do it with one specific games where lots of visitors can bring benefits for the house in terms of monetizations, but it's still a big question whether it can be enough to support facilitating the gambling site, knowing that house edge is the bread and butter of this business.
No it cant sustain! Gambling site would really need to have that HE to get income from to its gamblers and its just a stupid move by them if they would give out that 0% house edge on longer runs.
These are businesses not charities thats why it would be a normal thing that any business will have this edge no matter what, they might offer it but it would be good for 1 day or some number of bets limit to each player or for everyone.

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May 04, 2019, 04:14:00 AM
 #25

Are there any casinos that have a 0% house edge?

If i would be the house or the owner of the casino, i will jot open it if it has to be a no house edge policy. How the hell can i earn with this? Where do i get the expenses of managing it?. I doubt there is an existing site like that and we all know that its really right and normal that the house has some percentage in every game.

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May 04, 2019, 07:27:49 AM
 #26

Don't you want a casino which will give you free money forever? Just to make it clear: 0% house edge means casino has no profit from gambling, 0% house edge hugely increases chanses of your win which means casino will go bankrupt. If casino goes bankrupt, then who will pay you? No one, also don't believe if they say to have different monetization model, 0% house edge ruins everything, non different monetization can handle players' wins.

I am sure that we are not so lucky that we get to see a gambling site where there is 0% house edge. If we ever get such a site, them we all gamblers can become millionaire within no time .  Some sites do claim that they are offering 0% house edge but I am sure they are specking false only to being in customers.
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May 04, 2019, 07:39:06 AM
 #27

No casino can provide a 0% house edge forever. The house edge is the profit tool for casinos.
Most of the casino provides around 1% of house edge in most games. There are some casinos providing lower.
999dice is a popular dice site that operates in just 0.1% house edge.


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May 04, 2019, 07:41:05 AM
 #28

Casinos with 0% edge is really not possible with gambling, every business is focused on profiting. If there is 0% profit then it'll get bankrupt in a short. From my understanding casino as an added service to some other exchange services will make it possible. If there exist such a casino surely it'll reach good number of userbase in a very short time period.

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May 04, 2019, 09:12:51 AM
 #29

You wont find those easily, casinos have to earn somewhere but i know crypto-games offers periodically lotto games against 0% house edge.

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May 04, 2019, 02:06:48 PM
 #30

Casinos are operating and make profit due to their house edge. If casinos had 0% house edge, it would become really hard for them to maintain a profit in the long run. Remember, casinos are not charity sites. They are here for business. But there are some casinos that sometimes host 0% house edge promotion for one whole day. Crypto-games.net has held these kind of promotions before. They might hold one soon  Wink.

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May 04, 2019, 03:37:53 PM
 #31

Have you ever heard of socialbet.io? They are saying to have 0% house edge but I don't know exactly their development phase. But if I am a player, I will doubt an online casino to have 0% house edge. They need to get money from somewhere. And that will be a mystery for us.
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May 04, 2019, 04:03:17 PM
 #32

Have you ever heard of socialbet.io? They are saying to have 0% house edge but I don't know exactly their development phase. But if I am a player, I will doubt an online casino to have 0% house edge. They need to get money from somewhere. And that will be a mystery for us.

They can't have 0% edge else they will be in a loss and they won't have funds to pay people who wins on their site.  As far as I know, the minimum house edge is 0.1% and I have not seen anything below this number. Normally the gambling sites offering 1% house edge are considered to be good and anything above 1% is not recommended by the gamblers too.

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May 09, 2019, 07:51:09 AM
 #33

Have you ever heard of socialbet.io? They are saying to have 0% house edge but I don't know exactly their development phase. But if I am a player, I will doubt an online casino to have 0% house edge. They need to get money from somewhere. And that will be a mystery for us.

They can't have 0% edge else they will be in a loss and they won't have funds to pay people who wins on their site.  As far as I know, the minimum house edge is 0.1% and I have not seen anything below this number. Normally the gambling sites offering 1% house edge are considered to be good and anything above 1% is not recommended by the gamblers too.

its rare to see a gambling site that has a 1% house edge  . i bet most of the gambling sites nowadays are mainly have an above 1% house edge and of course this includes the reputable and older casino's  .  they are still recomended by other gamblers so there is no need to worry at all  . infact above 1% house edge do also offers higher prize pools than those who have a lower house edges  .
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June 06, 2019, 02:26:14 PM
 #34

I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.

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June 06, 2019, 04:16:22 PM
 #35

I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.

There actually have been promotions on legitimate crypto casinos where the house edge was lowered to 0% for a short time to attract gamblers, but there hasn't been any sort of promotion like this on any semi-reputable casino in some time. It does seldom happen, though.

I wouldn't try gambling on just any casino offering a 0% house edge though. There's plenty of scam casinos out there, and advertising a 0% house edge can be used as bait to get people to deposit money onto such a site.
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June 06, 2019, 05:06:28 PM
 #36

I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.

Actually, there's one site offering 0% house edge but up until now, they are in beta.

https://socialbet.io/

You can see at the lower right portion of their homepage.



Their thread - https://bitcointalk.org/index.php?topic=5119108.0

Last post was in April, so don't know the progress update of their developments.
Curious if they can really attract gamblers with this feature once they are up and running.
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June 06, 2019, 05:35:58 PM
 #37

I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.

~snip~

Looking at on the thread it seems its not active even giving out 0% house edge doesn't guarantee of success of such gambling site.

For now,i don't see any casinos currently offers 0% house edge yet you can see these offers for a limited time specially if they are still on
launching date or some promo but this don't last forever.

R


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June 06, 2019, 09:30:34 PM
 #38

I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.

Actually, there's one site offering 0% house edge but up until now, they are in beta.

https://socialbet.io/

You can see at the lower right portion of their homepage.



Their thread - https://bitcointalk.org/index.php?topic=5119108.0

Last post was in April, so don't know the progress update of their developments.
Curious if they can really attract gamblers with this feature once they are up and running.
Don't you see a donation button near to 0% house edge text? This is casino which offers 0% house edge but donations at the same time if you enjoy their 0% house edge experience. Have heard donations are welcome for projects that do good job for free, for online newspapers, for children and poverty but haven't ever seen donations for casinos. Who will donate casino and why? I have no idea. 0% house edge won't attract customers but will destroy casino which offers that.

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June 07, 2019, 01:36:10 AM
 #39

A 0% house edge casino would be a bet between two people p2p. If there is a middleman (that is the casino platform where we play), there will be a house edge, otherwise nobody will offer this service for free.
The house edge is what makes the system sustainable, organized and the gambling activity in large scale be possible.

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June 07, 2019, 03:47:34 AM
 #40

Casino won't gain profit without a house edge. If it does really exist that casino won't last long. It would attract many gamblers but I don't suggest playing there. Something like a 0% house edge for a limited time or event is enough.

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