⭐ Monk.gg ⭐ - 0% HOUSE EDGE GAMES | $3,000 RACE LIVE NOW | FREE DAILY FAUCET 💰

[Poker Player]

In the end, yes, 0% house edge means that no one wins but when I say risky, I mostly mean that casino has many other expenses while player has none. Casino has to maintain and improve the product, casino has to pay salaries, marketing, bonuses and so on. What is player's duty? To win, just to profit, but casino on the other hand, has to spend significant portion of its profit on many things. That's why I think that 0 house edge is a risky thing for casino but I can be wrong.
If I were a casino owner, I probably wouldn't offer anything lower than 1% or would probably offer something like progressive house edge, just like moneypot.com does.

But what you have not seen in the case of Monk.gg is that the 0% HE is more a way to attract customers. They don't offer it in all games to begin with:

0% house-edge with $MONK for select games

And apart from the ones that offer it, it is because you have to buy that shitcoin, which will give them some profit.

Poker Player, lets just say.

Even if I was a fraud.

You would still play my game moron.

 

What you don't understand, is my technology, has changed and upgraded, the gambling technique.

All scammers say the same thing when we start questioning you, that we don't understand you.

[unlimitedmoneygenerator]

I think you have a grammatical issue, with your last sentence.. I don't know what you mean by that.

Likewise, Poker Player, if you were smart, you would stop making such senseless claims.

And, instead look into what I am offering, since it benefits you as well.

But I am going to stop responding on this thread, it is for monks advertisement purposes, and I do not want to impose on that.

[seoincorporation]

But as Poker Player say, the risk is the variance, make 100 bets, with 50% chance of winning, if most of them lose then double the bet, and that way you can win in the long run against the house.

Here you are describing the Martingale and it sounds like I have seen you in some thread also talking about this. It is basically a bad method because by doubling the bet you increase the risk exponentially to win only the initial bet on net.

It's different a martingale on a casino with 1% house edge and a casino with 0% house edge. With 0% house edge on a 100 bets run if you lose 70, the chance to win more than 50 in the next 100 bets is big, and if you don't win, then go for the next 100. And to avoid risk you can do 1 satoshi bet at the start, this way you can win against the casino in the long run. That's the main risk of having a 0% house edge.

The only way for the house to win with a 0% house edge is by having a huge bankroll, i can't think of another way to profit from that edge.

[Mahdirakib]

Casino has to maintain and improve the product, casino has to pay salaries, marketing, bonuses and so on. What is player's duty? To win, just to profit, but casino on the other hand, has to spend significant portion of its profit on many things. That's why I think that 0 house edge is a risky thing for casino but I can be wrong.

The 0% house edge for those games aren't going to be risky for Monk.gg. You are already aware of the 2% exchange fee of the MONK token. Those 0% HE games might attract some gamblers, and they are forced to use MONK token to play those games. Which will work like a free marketing system of their tokens.

Users aren't going to get any bonuses by wagering on those games as the HE is 0%. MONK token bets are excluded from their challenges. Moreover, there will be no referral commission for the wager on those games. So, the 2% exchange fee of the token is enough to maintain the cost of those games.

[JackpotRacer]

0% house edge is risky, isn't it?

Ehhh...no.

What is the risk of 0% HE? Do you understand the concept? The only risk is the variance, but in the long run the risk tends to 0.

Risky for who? For the user or for the house?

The risk of 0 house edge for the site is the fact that they will not make a profit in the long run, is like trying to make money by flipping a coin, do a simulation with 10 million flips and you will see how it ends 50/50 or close to that number. Even if the event is random they follow a behavior.

very accurate!

But as Poker Player say, the risk is the variance, make 100 bets, with 50% chance of winning, if most of them lose then double the bet, and that way you can win in the long run against the house.
[/quote]

Sorry but @Poker Player has no clue about games and HE and is only a Signature Scammer!


No casino will give any player a no limit bet option which means that the math tells us that with no limit bet and unlimited bankroll a zero HE game can be beaten but as this is a known fact it is very stupid of poker player to mention it.

Maybe I missed that Monk.gg has no max limit but if so please show me a player there with unlimited bankroll and another player (PvP) also with unlimited bankroll who will play against him.

I am sure Poker Player will have a stupid answer as he needs to earn some sat showing us his Signature

[monkgg]

OUR $3,000 ROULETTE RACE IS NOW LIVE!

All roulette bets (aside from bonus wallet bets) count toward your roulette race stats. This means that 0% house edge roulette bets (bets that are made using Monk) will count toward the race! This makes this the first ever wager race to accept 0% house edge bets.

[AB de Royse777]

All roulette bets (aside from bonus wallet bets) count toward your roulette race stats. This means that 0% house edge roulette bets (bets that are made using Monk) will count toward the race! This makes this the first ever wager race to accept 0% house edge bets.

0% house edge is interesting. I may try a little although I was never lucky with roulette. I can not remember a single time I was able to make any profit from it. Played, won, then became greedy and lost all :-)

[JackpotRacer]

Hi OP

if I bet on red and the green Monk is coming up, what will happen with my bet?

[zTec]

Hello,
I registered today and went through the verification process. After that I made the first deposit in DOGE currency, but the amount did not appear in my account after a few hours. My username is ztec. I also sent an email to support with the transaction number. How long does it take to get a response? Thanks in advance

[monkgg]

Hello,
I registered today and went through the verification process. After that I made the first deposit in DOGE currency, but the amount did not appear in my account after a few hours. My username is ztec. I also sent an email to support with the transaction number. How long does it take to get a response? Thanks in advance

Hi ztec. Are you sure that your deposit did not go through? We can see the funds in your account and the transaction in your deposit history. We've also responded to your email. Let us know if there are any issues.

[zTec]

Everything is fine now.
I used the link for registration on the bitcointalk forum through which you get a bonus for the first deposit. Is it still valid because there are no bonuses in my account? Or I didn't understand how it works. Do I have to enter the bonus code in my account?

[Mahdirakib]

if I bet on red and the green Monk is coming up, what will happen with my bet?

You will loss your bet, because the green Monk is a different outcome. There are 3 betting range in their roulette game. Those are red (1-7 number), black (8-14 number) and Green (Monk). In every round, one range will be chosen as the winner and other two will be losing bet.

Is it still valid because there are no bonuses in my account? Or I didn't understand how it works. Do I have to enter the bonus code in my account?

I don't know whether the bonus is still active or not. But I had taken the bonus in the early days. You have to use the bonus code on your account reward page to get the bonus. See the bonus code here.

[zTec]

I don't know whether the bonus is still active or not. But I had taken the bonus in the early days. You have to use the bonus code on your account reward page to get the bonus. See the bonus code here.

I registered through the link published here on the forum and it has an implemented bonus code, but I did not receive the bonus after first deposit. When I manually enter the bonus code in Reward (Reedem welcome bonus), a message pops up: Invalid code.
I think it would be fine if the OP announced on the forum that the bonus code is no longer valid.

I'm going to study and test the site though. So far, I have seen that roulette has only 14 numbers and zero, which means that the house edge is a high 6.67%

[JackpotRacer]

if I bet on red and the green Monk is coming up, what will happen with my bet?

You will loss your bet, because the green Monk is a different outcome. There are 3 betting range in their roulette game. Those are red (1-7 number), black (8-14 number) and Green (Monk). In every round, one range will be chosen as the winner and other two will be losing bet.

thank you for answer and clarifying.

I thought it is a 0% house edge game. it looks I misunderstood it.

is there a 0% house edge game?

[Synchronice]

Casino has to maintain and improve the product, casino has to pay salaries, marketing, bonuses and so on. What is player's duty? To win, just to profit, but casino on the other hand, has to spend significant portion of its profit on many things. That's why I think that 0 house edge is a risky thing for casino but I can be wrong.

The 0% house edge for those games aren't going to be risky for Monk.gg. You are already aware of the 2% exchange fee of the MONK token. Those 0% HE games might attract some gamblers, and they are forced to use MONK token to play those games. Which will work like a free marketing system of their tokens.

Users aren't going to get any bonuses by wagering on those games as the HE is 0%. MONK token bets are excluded from their challenges. Moreover, there will be no referral commission for the wager on those games. So, the 2% exchange fee of the token is enough to maintain the cost of those games.

Well, that 2% conversation fee doesn't play a big role in what we discuss about but the volatility of coin can significantly change the fate of gambler. By the way, I don't think that anyone will find it attractive to buy MONK and risk 0% house edge gambling  with the volatility that comes with this coin (that's probably why trading volume is so low according to Coingecko) but anyway, if this scheme works for them, fine, wish them good luck.

thank you for answer and clarifying.

I thought it is a 0% house edge game. it looks I misunderstood it.

is there a 0% house edge game?

Roulette with only black and red pockets is the one with 0% house edge. One green zero already changes the house edge of the game (2.7%), two green zeros increase the house edge further (5.26%).

[JackpotRacer]

thank you for answer and clarifying.

I thought it is a 0% house edge game. it looks I misunderstood it.

is there a 0% house edge game?

Roulette with only black and red pockets is the one with 0% house edge. One green zero already changes the house edge of the game (2.7%), two green zeros increase the house edge further (5.26%).

I know very well what the Roulette HE is, but my question still remains unanswered.
The Monk game has 14 numbers and a green Monk. To me, it is not a zero HE game if a player loses his red or black bet when the green comes up.

[zTec]

thank you for answer and clarifying.

I thought it is a 0% house edge game. it looks I misunderstood it.

is there a 0% house edge game?

Roulette with only black and red pockets is the one with 0% house edge. One green zero already changes the house edge of the game (2.7%), two green zeros increase the house edge further (5.26%).

I know very well what the Roulette HE is, but my question still remains unanswered.
The Monk game has 14 numbers and a green Monk. To me, it is not a zero HE game if a player loses his red or black bet when the green comes up.

If you play in the MONK currency, then the payout is on red or black with odds of 2.14, and on green Monk (zero) with odds of 15, and then the house edge is 0%.
If it is played in all other currencies, then the payout is on red or black with odds of 2, and on green Monk with odds of 14 and then the house edge is 6.67%

[monkgg]

If you play in the MONK currency, then the payout is on red or black with odds of 2.14, and on green Monk (zero) with odds of 15, and then the house edge is 0%.
If it is played in all other currencies, then the payout is on red or black with odds of 2, and on green Monk with odds of 14 and then the house edge is 6.67%

Exactly

And for coinflip/jackpot PvP casino games (or PvH if you play against a bot in coinflip), then there is a 0% PvP fee for $MONK bets.

[Synchronice]

If you play in the MONK currency, then the payout is on red or black with odds of 2.14, and on green Monk (zero) with odds of 15, and then the house edge is 0%.
If it is played in all other currencies, then the payout is on red or black with odds of 2, and on green Monk with odds of 14 and then the house edge is 6.67%

Exactly

And for coinflip/jackpot PvP casino games (or PvH if you play against a bot in coinflip), then there is a 0% PvP fee for $MONK bets.

Okay, you have a roulette with these odds if someone plays with $MONK, nice. By the way, what about to add a roulette without ZERO? With only black and red pockets, for $MONK players. I think it will be nice if you have roulette with no zero, with one zero and with two zeros, all of them with 0% house edge for $MONK players. It would attract people, wouldn't it? At least I would try it

Marketing wise, like Poker Player said, your 0% house edge approach with $MONK should attract people but $MONK's trading volume is super low. I checked it right now on Coingecko and 24H trading volume is $333.

[JackpotRacer]

thank you for answer and clarifying.

I thought it is a 0% house edge game. it looks I misunderstood it.

is there a 0% house edge game?

Roulette with only black and red pockets is the one with 0% house edge. One green zero already changes the house edge of the game (2.7%), two green zeros increase the house edge further (5.26%).

I know very well what the Roulette HE is, but my question still remains unanswered.
The Monk game has 14 numbers and a green Monk. To me, it is not a zero HE game if a player loses his red or black bet when the green comes up.

If you play in the MONK currency, then the payout is on red or black with odds of 2.14, and on green Monk (zero) with odds of 15, and then the house edge is 0%.
If it is played in all other currencies, then the payout is on red or black with odds of 2, and on green Monk with odds of 14 and then the house edge is 6.67%

So it is not a zero HE game. Real zero HE game would be without Zero/Monk

Member @Synchronice expressed it very well

Okay, you have a roulette with these odds if someone plays with $MONK, nice. By the way, what about to add a roulette without ZERO? With only black and red pockets, for $MONK players. I think it will be nice if you have roulette with no zero, with one zero and with two zeros, all of them with 0% house edge for $MONK players. It would attract people, wouldn't it? At least I would try it