Gamblers! What is your excuse to avoid a game with 0% House Edge?

[FontSeli]

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 So, what is stopping you from wagering on this game like before?

Constructive criticism is welcome.

Perhaps you don't have enough ads your site on crypto forums?
In fact, here on the forum, people quite often arrange drawings of various coins and Souvenirs related to cryptocurrencies. There are free Raffles, and there are those where you need to pay a small amount of Bitcoins.
You may need to diversify your raffles and sometimes set up a coin or souvenir of a similar value as a prize. This could attract people to your site.

[iamsheikhadil]

0% house edge is either a scam or a promotion. You can't provide 0% house edge all the time. Even if you managed to be totally 50% win and loss, you'd still need money to host your site. And if it's successful enough, it would be a costly project to run.
And gamblers would want to indulge in something that is working and would probably work for foreseeable future. 1% house edge is perfect if you be able to cater to user experience.

They are offering 0% house edge because your winning odds is very low. So in effect, they are already winning even if they offer 0% house edge. Also, if you look at their site, I don't think many gamblers will be interested on playing the game. Even if their 0% HE is legit I don't think players will be attracted to this game. Maybe add another game at least dice, and let's see if they will still offer the 0% HE.

Not really. Even if the odds are really low, it doesn't matter when it comes to many players. Surely you have a chance of hitting the win less, but if different players place a bet on different numbers, the chances of casino going bank-rupt is 50-50. It's like a roulette without a zero. You can place a bet on any number and you have probability of winning 1/36. But doesn't matter, if you hit the number twice by being lucky you go with a big win and casino is in big loss!

[xSkylarx]

Personally, I don't feel the difference if they have 0% house edge. I still lose my bankroll when I try to play on that game and it's just the same experience when playing other games. So I think it's just all about luck, no matter what the game is. Gambling is a form of entertainment after all, not a way to earn money from it.

[abhiseshakana]

Games with 0% house edge should be able to attract more players to play on it because in general, most players will prefer to play games with a low house edge. Supposedly if gamblers choose a game with a 0% house edge, it means their chance of winning is 50%. So playing games like this should give gamblers a bigger chance to earn extra money (although it still depends on luck).

But if a game with 0% house edge is avoided by gamblers, I think the main cause is that gamblers are not interested in playing it. It could be the games offered are less attractive or players doesn't like the rules.

[Alucard1]

It is good that you have the 0% house edge, most of the gamblers are looking for that thing but you should make some other details on this post, you are promoting the website so you should use some words that may attract them to try the website. I also visit the website and it seems like you have to hire a good designer, the GUI should be good and attractive for the gamblers so they will not get bored while playing or entering your website.

[Becky666]

0% house edge is either a scam or a promotion. You can't provide 0% house edge all the time. Even if you managed to be totally 50% win and loss, you'd still need money to host your site. And if it's successful enough, it would be a costly project to run.
And gamblers would want to indulge in something that is working and would probably work for foreseeable future. 1% house edge is perfect if you be able to cater to user experience.

They are offering 0% house edge because your winning odds is very low. So in effect, they are already winning even if they offer 0% house edge. Also, if you look at their site, I don't think many gamblers will be interested on playing the game. Even if their 0% HE is legit I don't think players will be attracted to this game. Maybe add another game at least dice, and let's see if they will still offer the 0% HE.

0% house edge means the odds are 50% and gamblers often love to gamble with such environment, though this depends on the type of game on the casino platform. A game with 0% house edge will definitely attract gamblers, but this will depend on the attractiveness of the game in question, if they will take the risk of adding roulette, dice and other games, then better for gamblers, although, in all the gamblers need luck on side to win.

[hatshepsut93]

The point of gambling is not winning, the point of gambling is having fun. People find rolling virtual dice more fun than waiting for next Litecoin block, simple as that. If you want to attract more gamblers with your 0% house edge offer, then just make 0% house edge versions of the popular games, like the mentioned dice or lotteries. But I won't be surprised if people would still choose places places with non-zero house edge, because overall user experience is more important. People get used to interface, they for connections with fellow gamblers in chat, etc.

[stadus]

The point of gambling is not winning, the point of gambling is having fun...

For me, those two should come together, you don't have fun unless you win.
That's my personal view although and I respect your view as well, but in the end of the day, as long as we are not risk of losing everything, we will be alright.

[AicecreaME]

Personally, I don't feel the difference if they have 0% house edge. I still lose my bankroll when I try to play on that game and it's just the same experience when playing other games. So I think it's just all about luck, no matter what the game is. Gambling is a form of entertainment after all, not a way to earn money from it.

This is 100% correct.

0% house edge is just a mask to hide the gambling site real intention to players which is to eat up all their bets when they started to bet in their favorite games. I think this is the reason as well why people get contented too much and trust their money too much on the "0% house edge" scheme like words. When the players are getting the entertainment they want, they already forget about the 0% house edge and gamble in a irresponsible way they shouldn't be.

[bryant.coleman]

Gambling is a great opportunity to verify it's fate. But 0% house edge gambling is scam. Because there is no gambling site is not a charity firm. So 0% house edge is not possible a real gambling site. People should avoid 0% house edge gambling.

I would not label these sites as scam right away. There is a chance that they are offering it as a part of the promotional campaign. Or there is a chance that they have an alternate source of income, such as advertisement revenue. But I agree that in the long term, it is very difficult for any gambling site or online casino to remain profitable, with 0% house advantage.

[peter0425]

Gambling is a great opportunity to verify it's fate. But 0% house edge gambling is scam. Because there is no gambling site is not a charity firm. So 0% house edge is not possible a real gambling site. People should avoid 0% house edge gambling.

I would not label these sites as scam right away. There is a chance that they are offering it as a part of the promotional campaign. Or there is a chance that they have an alternate source of income, such as advertisement revenue. But I agree that in the long term, it is very difficult for any gambling site or online casino to remain profitable, with 0% house advantage.

But there are some offers at first but eventually changes to much higher house edge lol.

But indeed this is not appropriate for gambling business because this sounds fooling player when the gamblers knows already the basic on how Casino owners make money in gambling.

[ethereumhunter]

Gambling is a great opportunity to verify it's fate. But 0% house edge gambling is scam. Because there is no gambling site is not a charity firm. So 0% house edge is not possible a real gambling site. People should avoid 0% house edge gambling.

So you should stay away from that. Maybe that site offers that thing for a week to invite more gamblers to play on their site, and after a week, they will back to their current rules. But we decide to play on 0% house edge or not because we will know what we want by playing on many casinos. But if we only search for fun things, maybe we don't even think about a 0% house edge because that is our reason to gamble. It will be back to the gambler itself.

[Kupid002]

Gambling is a great opportunity to verify it's fate. But 0% house edge gambling is scam. Because there is no gambling site is not a charity firm. So 0% house edge is not possible a real gambling site. People should avoid 0% house edge gambling.

I would not label these sites as scam right away. There is a chance that they are offering it as a part of the promotional campaign. Or there is a chance that they have an alternate source of income, such as advertisement revenue. But I agree that in the long term, it is very difficult for any gambling site or online casino to remain profitable, with 0% house advantage.

This is only way to advertise that 0% house edge  they only use it as advertisment to have more players interest in start . Once they have enough players  they will surely add it to earn the casino and to continue their services. There is no such a thing as 0% house edge for long term if that what you want to build then what is the porpuse having it if you don't earn any money ?

[Mauser]

Gambling is a great opportunity to verify it's fate. But 0% house edge gambling is scam. Because there is no gambling site is not a charity firm. So 0% house edge is not possible a real gambling site. People should avoid 0% house edge gambling.

I just saw the thread the first time. We shouldn't instantly call the site a scam without having more information because it can just be a promotional campaign for limited period of time to attract new gamblers. Also the rake might be earned from other games which enables the casino to offer one game without a house edge.

[abhiseshakana]

The point of gambling is not winning, the point of gambling is having fun. People find rolling virtual dice more fun than waiting for next Litecoin block, simple as that. If you want to attract more gamblers with your 0% house edge offer, then just make 0% house edge versions of the popular games, like the mentioned dice or lotteries.

For some people gambling is often seen as entertainment, so for the sake of getting pleasure they are willing to exchange their money for fun, and even if they are lucky they will get an additional bonus in the form of a win.

But gambling can also be profitable, so there will always be people who are focused on it and did not play for fun. And in my opinion, games with a low house edge should be more attractive for gamblers who are driven by the profit motive, because their chances of winning are much greater than having to play in games with a high house edge.

[Oilacris]

The point of gambling is not winning, the point of gambling is having fun. People find rolling virtual dice more fun than waiting for next Litecoin block, simple as that. If you want to attract more gamblers with your 0% house edge offer, then just make 0% house edge versions of the popular games, like the mentioned dice or lotteries.

For some people gambling is often seen as entertainment, so for the sake of getting pleasure they are willing to exchange their money for fun, and even if they are lucky they will get an additional bonus in the form of a win.

But gambling can also be profitable, so there will always be people who are focused on it and did not play for fun. And in my opinion, games with a low house edge should be more attractive for gamblers who are driven by the profit motive, because their chances of winning are much greater than having to play in games with a high house edge.

If you do try to look on what kind of game on where op is offering then you can tell that this is no different into those games which arent really that interesting at all.

Even it doesnt have house edge but if you dont find it interesting then you would just simply skip it out which is normal and also you cant make out multiple bet at once

which means you would be making single bets with less chances of winning which not all would really be that seeing as a good form of entertainment.

[bitbollo]

After running 4 years on Bitcoin blockchain, Chain-Bet.com has been re-written to run on Litecoin blockchain. It is a game that asks a simple question: What would be last digit of the block hash that includes your transaction? Players guess last digit of the block hash and bet on that. If the guess is correct, player gets back 16 times of the bet amount. As a promotional offer after our re-launch, the game is now operating at 0% House Edge.

But, since our relaunch on September 01, 2020, we have not seen similar enthusiasm like we experienced 4 years back. This is somewhat disappointing. A provably fair game with 4 years reputation offering 0% House Edge is rare in gambling industry. Instead of burning money for advertisement, we are giving it back to our gamblers through 0% House Edge. So, what is stopping you from wagering on this game like before?

Constructive criticism is welcome.

the idea of 0% House edge sounds good and this isn't a problem.

it's the first time that I have seen your site despite I have read many times about this gambling idea.
Probably you need to get promotion on forum and other internet places (discord telegram etc), the game itself isn't easy at all, players would deserve some promotion or other kind of initiative...

[BigBoy89]

After running 4 years on Bitcoin blockchain, Chain-Bet.com has been re-written to run on Litecoin blockchain. It is a game that asks a simple question: What would be last digit of the block hash that includes your transaction? Players guess last digit of the block hash and bet on that. If the guess is correct, player gets back 16 times of the bet amount. As a promotional offer after our re-launch, the game is now operating at 0% House Edge.

But, since our relaunch on September 01, 2020, we have not seen similar enthusiasm like we experienced 4 years back. This is somewhat disappointing. A provably fair game with 4 years reputation offering 0% House Edge is rare in gambling industry. Instead of burning money for advertisement, we are giving it back to our gamblers through 0% House Edge. So, what is stopping you from wagering on this game like before?

Constructive criticism is welcome.

The idea is good, but the realization is slow.

I'm ready to pay the 1% house edge but to play with my tempo. E.g. I find it annoying to wait for a new block after every single bet.

IMO people want action in gambling and EOS based on-chain results are better for this. 

[Gotumoot]

I guess my reason would be I just don't like the games and I don't trust the site that much.
I gamble to have fun and most of their games doesn't excite me so I would still go to my long time gambling sites.

[ethereumhunter]

I guess my reason would be I just don't like the games and I don't trust the site that much.
I gamble to have fun and most of their games doesn't excite me so I would still go to my long time gambling sites.

If people know about that, they will not choose that site, instead of searching for the other reliable gambling site. They are willing to spend their time getting the right gambling site than to play on the site they don't trust. Most people who have their favorite gambling games will use their old gambling sites rather than select the other sites.