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Author Topic: Gamblers! What is your excuse to avoid a game with 0% House Edge?  (Read 1618 times)
hulla
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December 22, 2020, 10:16:48 PM
 #201

I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not.

I guess they are using a different approach for monetizing website right now, and as declared by OP this is just another marketing promotion... or a way to build a community behind the site.
In this case it's not a question to be or not be legitimate casino...

This game it's very hard. Make the right prediction with too many possibilities and no hints... plus you can't have some "combo" betting like classic roulette (colors / pairs /groups of 8 etc).
Making a 0 edge but also 0 chances of winning hehehe.

Casino business over  the years even upon the memory of our grandies ,Gambling operators gain from house Edge .

Maybe those Sites are just having a different approaches but in the end?it is our Money that they will surely tale.So better look for the fair casino you'll find not some misleading one.
According to the information provided by the OP they are into the business back in the early days of cryptocurrency and they offer the 0 house edge to give back to the community but they don't understand the crypto world is changed and gambling enthusiasts don't believe in free money traded with an unknown coin/site that's not safe.

.
.Duelbits.
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December 22, 2020, 11:39:43 PM
 #202

My excuse to avoid 0% house edge is that i fear i could get scammed by the house which offer this unusual house edge of 0%. If there is no house edge, the casino can get rekt, therefor no casino will be 100% doing the business without the house edge.

The only gamblers that will play on this particular gambling site are gamblers who are going for profit, but those who want fun and entertainment are likely to go on the gambling site as OP has shown, it lacks a variety, people like to play on gambling sites like Stake.com, Duelbits, Bitvest 777Coin among others with many games to choose from.
I agree, the only ones that are going to put attention to a casino like that are the pros, many people that gamble cannot tell you the house edge they are facing in their favorite games, they are playing the game to get some fun and see if they get lucky, they do not want to crunch numbers to see if game A is a slightly better option than game B, which is why the casinos put so much attention to develop new games so they can keep their players happy by always offering something new.
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December 23, 2020, 06:16:56 AM
 #203

According to the information provided by the OP they are into the business back in the early days of cryptocurrency and they offer the 0 house edge to give back to the community but they don't understand the crypto world is changed and gambling enthusiasts don't believe in free money traded with an unknown coin/site that's not safe.
Yes, our money will be for them, especially if we lose so much money. They can use different approaches to attract more gamblers to come, and they can use 0 house edge for their strategy. I am sure the casino will understand that the crypto world is change and the gambler also change from time to time. Many new people become a gambler because they see an advertisement on social media or other websites. I am sure the casino can get more people to playing gambling on their site.



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December 23, 2020, 08:12:27 AM
 #204

According to the information provided by the OP they are into the business back in the early days of cryptocurrency and they offer the 0 house edge to give back to the community but they don't understand the crypto world is changed and gambling enthusiasts don't believe in free money traded with an unknown coin/site that's not safe.
Yes, our money will be for them, especially if we lose so much money. They can use different approaches to attract more gamblers to come, and they can use 0 house edge for their strategy. I am sure the casino will understand that the crypto world is change and the gambler also change from time to time.
Speaking of different approaches, the casino team providing a cheap site which are the approach used by crypto scammers in the initial offering market is the first capital no for me cause if they don't have the money to have a marketable site then they don't have the money to pay the winner on their site and if they paid game winners is the coin they are going to pay with still activity or have no trading activity.
This needs to be put into consideration.

I am sure the casino can get more people to playing gambling on their site.
Yes, if they can offer good service, fairness in their game, promo, almost instantly withdraw and reasonable tx fee for withdrawals tx.

.
.Duelbits.
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December 25, 2020, 04:02:54 AM
 #205

Yes, our money will be for them, especially if we lose so much money. They can use different approaches to attract more gamblers to come, and they can use 0 house edge for their strategy. I am sure the casino will understand that the crypto world is change and the gambler also change from time to time.
Speaking of different approaches, the casino team providing a cheap site which are the approach used by crypto scammers in the initial offering market is the first capital no for me cause if they don't have the money to have a marketable site then they don't have the money to pay the winner on their site and if they paid game winners is the coin they are going to pay with still activity or have no trading activity.
This needs to be put into consideration.
The approach that the casino will do is how they can give big offers to the gamblers. It could attract the gamblers to come to the site to play gambling, making the gamblers not realize if the site is real. They will only found that the site can provide them happiness, enjoyment, and excitement. They will not think about house edge, fairness, and else, because they already found what they want.



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December 25, 2020, 03:13:00 PM
 #206

Let's put it this way. There are two sites and let's call the sites chain bet and the other one is casino bet for example, both casino offer 0% house edge but offer different games. Gamblers choose casino bet because gamblers find the games fit to their criteria and chain bet kibd of old school or no longer a trend even if the design is good.

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December 25, 2020, 05:05:59 PM
 #207

Let's put it this way. There are two sites and let's call the sites chain bet and the other one is casino bet for example, both casino offer 0% house edge but offer different games. Gamblers choose casino bet because gamblers find the games fit to their criteria and chain bet kibd of old school or no longer a trend even if the design is good.

Well, the problem with that is the fact that if 0% house edge is an important factor in your decision, then you should think about how are these two websites that you used in your example are earning money from their website then.

In other words you have to take a look at their withdrawal fees for different assets and see for yourself if they have no other hidden fees and then based on that make an accurate comparison between them, because it simply can not be true that a casino have 0% income from its website and they are making money from you using their website one way or another.
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December 25, 2020, 07:59:50 PM
 #208

Let's put it this way. There are two sites and let's call the sites chain bet and the other one is casino bet for example, both casino offer 0% house edge but offer different games. Gamblers choose casino bet because gamblers find the games fit to their criteria and chain bet kibd of old school or no longer a trend even if the design is good.

One of the factors when it comes to interest is on the game that had been offered because you can really make out some comparison between numbers of players whom do play in the site on where what type of game had been offered.

For blockchain type of games then we cant deny that this one isn't really an interesting type of game or for someone to gamble and even if it do offers zero house edge, it wont really be having that kind of interest that it can possibly give.

Type of game is one of the factors when it comes to websites success.

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December 25, 2020, 10:35:11 PM
 #209

For blockchain type of games then we cant deny that this one isn't really an interesting type of game or for someone to gamble and even if it do offers zero house edge, it wont really be having that kind of interest that it can possibly give.

But this is if we are talking about bitcoin blockchain. In Ethereum blockchain with 15 sec blocks it's much more attractive for people. But with Eth the problem is transaction fee (now it's like 1.2 dollars per fast transaction). Sometimes it can be too big not even for gambling but for anything other too.

If we are talking about sites, i can't imagine 0 house of edge in games like slots or dice (even with zero EV such casino would lose money due to host costs and so on)

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December 25, 2020, 11:05:44 PM
 #210

They can offer zero house edge in chain games but I don't think a casino will offer 0% house edge in dice and card games, because they are going to lose if they are going to do that, that is the kind of house edge that they want but I don't there is a brave gambling operator that can offer 0% house edge in a dice game.

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December 27, 2020, 05:35:12 AM
 #211

They can offer zero house edge in chain games but I don't think a casino will offer 0% house edge in dice and card games, because they are going to lose if they are going to do that, that is the kind of house edge that they want but I don't there is a brave gambling operator that can offer 0% house edge in a dice game.
They will have no take on those games if they will implement zero house edge for those.

Before I think there was edgeless and I dont know if they are still operating today. But IIRC, they were the one that offered it before or one of the casinos that offered it before if they were not the only one.

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December 27, 2020, 07:26:12 AM
 #212

They can offer zero house edge in chain games but I don't think a casino will offer 0% house edge in dice and card games, because they are going to lose if they are going to do that, that is the kind of house edge that they want but I don't there is a brave gambling operator that can offer 0% house edge in a dice game.
They will have no take on those games if they will implement zero house edge for those.

Before I think there was edgeless and I dont know if they are still operating today. But IIRC, they were the one that offered it before or one of the casinos that offered it before if they were not the only one.

It's not like that, what casinos avoid is not the type of game, but the category of the game.

Most of the casinos that provide a 0% edge will avoid games that are purely based on luck, because with a 0% edge in these games the casino will not be able to get a profit, even in the long run.

Usually, they will offer 0% on skill-based games, because they can still get profit from gamblers with imperfect gameplay.

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ethereumhunter
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December 27, 2020, 02:52:08 PM
 #213

They can offer zero house edge in chain games but I don't think a casino will offer 0% house edge in dice and card games, because they are going to lose if they are going to do that, that is the kind of house edge that they want but I don't there is a brave gambling operator that can offer 0% house edge in a dice game.

Maybe that is what the casino will offer to the gamblers and invite more gamblers to play on their site. At least, that can be another strategy from the gambling site to attract more gamblers. But I guess that will not increase their chance to have the luck to win the games because the luck will never come to them if they do not have the right time.

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KTChampions
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December 27, 2020, 09:52:44 PM
 #214

According to the information provided by the OP they are into the business back in the early days of cryptocurrency and they offer the 0 house edge to give back to the community but they don't understand the crypto world is changed and gambling enthusiasts don't believe in free money traded with an unknown coin/site that's not safe.

I don't think the world has changed. It seems to me that people have never confused the concept of "activity based on enthusiasm" and some activity related to money, where reliability comes first. The creators of this project need to clearly understand what audience they are targeting - either enthusiasts or serious gamblers, it seems to me that the combination will not work here.

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December 27, 2020, 11:33:26 PM
 #215

Maybe that is what the casino will offer to the gamblers and invite more gamblers to play on their site. At least, that can be another strategy from the gambling site to attract more gamblers. But I guess that will not increase their chance to have the luck to win the games because the luck will never come to them if they do not have the right time.
Yes it can help them to attract other people to play in their gambling site, offering what other website do not offers is a kind of strategy that everyone should try, but they need to improve their website UI, Security, in order for me to play on their website. I think having a best security and good website design can attract more and more people in their website.

ethereumhunter
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December 28, 2020, 08:24:47 AM
 #216

Maybe that is what the casino will offer to the gamblers and invite more gamblers to play on their site. At least, that can be another strategy from the gambling site to attract more gamblers. But I guess that will not increase their chance to have the luck to win the games because the luck will never come to them if they do not have the right time.
Yes it can help them to attract other people to play in their gambling site, offering what other website do not offers is a kind of strategy that everyone should try, but they need to improve their website UI, Security, in order for me to play on their website. I think having a best security and good website design can attract more and more people in their website.

As long as the casino can manage their website properly, I am sure that they will get more members to play on their website. The interface on the website will be the important things that they need to care about, so they will that opportunity to improve their services to their members. The security of the site will be the other important things that they need to have to make sure and convince their members that they can protect their member's accounts.

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boyptc
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December 28, 2020, 06:39:31 PM
 #217

They can offer zero house edge in chain games but I don't think a casino will offer 0% house edge in dice and card games, because they are going to lose if they are going to do that, that is the kind of house edge that they want but I don't there is a brave gambling operator that can offer 0% house edge in a dice game.
They will have no take on those games if they will implement zero house edge for those.

Before I think there was edgeless and I dont know if they are still operating today. But IIRC, they were the one that offered it before or one of the casinos that offered it before if they were not the only one.

It's not like that, what casinos avoid is not the type of game, but the category of the game.

Most of the casinos that provide a 0% edge will avoid games that are purely based on luck, because with a 0% edge in these games the casino will not be able to get a profit, even in the long run.

Usually, they will offer 0% on skill-based games, because they can still get profit from gamblers with imperfect gameplay.
Yeah, that's on point.

They can't control luck-based games result but still can make the chance of winning go into their favor. While in skill-based, they have more control with the results on it or at least make the odds lower which is still in favor of them even if the gambler wins.

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December 28, 2020, 10:47:06 PM
 #218

Let's put it this way. There are two sites and let's call the sites chain bet and the other one is casino bet for example, both casino offer 0% house edge but offer different games. Gamblers choose casino bet because gamblers find the games fit to their criteria and chain bet kibd of old school or no longer a trend even if the design is good.

Well, the problem with that is the fact that if 0% house edge is an important factor in your decision, then you should think about how are these two websites that you used in your example are earning money from their website then.

In other words you have to take a look at their withdrawal fees for different assets and see for yourself if they have no other hidden fees and then based on that make an accurate comparison between them, because it simply can not be true that a casino have 0% income from its website and they are making money from you using their website one way or another.
Even a casino with a 0% house edge can generate profits, one of the easiest ways to do this is with their size of their bankroll, if the bankroll they have is huge and the maximum they allow you to bet is kind of low then over the long term they will beat you simply because they have more money, in a way this is similar to what happens in trading in which a whale can keep holding their coins for longer simply because he has more coins and more money while small investors need to sell their positions so they do not lose everything.
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December 28, 2020, 10:51:19 PM
 #219

Let's put it this way. There are two sites and let's call the sites chain bet and the other one is casino bet for example, both casino offer 0% house edge but offer different games. Gamblers choose casino bet because gamblers find the games fit to their criteria and chain bet kibd of old school or no longer a trend even if the design is good.

Well, the problem with that is the fact that if 0% house edge is an important factor in your decision, then you should think about how are these two websites that you used in your example are earning money from their website then.

In other words you have to take a look at their withdrawal fees for different assets and see for yourself if they have no other hidden fees and then based on that make an accurate comparison between them, because it simply can not be true that a casino have 0% income from its website and they are making money from you using their website one way or another.
Even a casino with a 0% house edge can generate profits, one of the easiest ways to do this is with their size of their bankroll, if the bankroll they have is huge and the maximum they allow you to bet is kind of low then over the long term they will beat you simply because they have more money, in a way this is similar to what happens in trading in which a whale can keep holding their coins for longer simply because he has more coins and more money while small investors need to sell their positions so they do not lose everything.

Are you comparing gambling house to trading? Actually i didnt get your point on telling that making 0% house edge would still make out some profits in house side via means on having a big bankroll?  Huh Huh
This isnt some sort of PvP or something.

The only way i could  see for house to make profits is either on house edge or would get out commission out of those bets or making some commision on withdrawals.
I dont get the point on how bankroll do affect that one.

Game being offered on here isnt something that is entertaining thats why it isnt a surprised on why people arent interested at all.

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December 28, 2020, 10:51:48 PM
 #220

snip...
Yes it can help them to attract other people to play in their gambling site, offering what other website do not offers is a kind of strategy that everyone should try, but they need to improve their website UI, Security, in order for me to play on their website. I think having a best security and good website design can attract more and more people in their website.

As long as the casino can manage their website properly, I am sure that they will get more members to play on their website. The interface on the website will be the important things that they need to care about, so they will that opportunity to improve their services to their members. The security of the site will be the other important things that they need to have to make sure and convince their members that they can protect their member's accounts.
Exactly.
It doesn't important if the sites give 0% house to not but the most important is we gonna see how the owners giving importance to their players and assure's security for them. And OP asking we ignored their site that offering 0% house edge is just because gamblers might see this out from reality and a scam site. The gambler will never be a foolish one to have to use those gambling sites that full of negative feedback, we are simply making ourselves at risk if we tried.
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