House Edge

[Hispo]

House edge will always remain because that is one of the advantages that the casino developers and owners have to enjoy in other not to remain on loss, when we are playing casino games, we should forget about it that we are going to make a win just like that, instead, we should know that catching fun is more important in this king of category than when we are more interesting on chasing after a win on casino games.

House edge will always remain because casinos are businesses and that edge is their mathematical and fool-proof way for them to remain having in profit in the long term, regardless of the luck some gamblers could have ending up hitting a jackpot eventually. Also, you should remember the edge of the house is mostly applied when gamblers play an infinite number of times, being the tendency of the house edge the percentage of the money which is going to stay in the house.
Ironically, even though gambling is supposed to be about fun and amusement, I have seem gamblers to make a big deal of it and only choose to play on casinos which choose to have the lowest edge possible in favor of the house, that gives the impression they have more chances to get money out their sessions, when in reality only means they casino gets less money out of them in the long term, but still gets money, that is what matters for the management. after all.

[Eternad]

Ironically, even though gambling is supposed to be about fun and amusement, I have seem gamblers to make a big deal of it and only choose to play on casinos which choose to have the lowest edge possible in favor of the house, that gives the impression they have more chances to get money out their sessions, when in reality only means they casino gets less money out of them in the long term, but still gets money, that is what matters for the management. after all.

A small percentage difference on house edge is already a big deal on high frequency gambler like betting million dollar per game. Imagine those 1% difference is already a 10K$ savings from a house edge.

But those normal gambler with low bankroll typically disregard house edge since it’s really negligible on short term game. You’re correct that it only applies on high volume bets but having a huge difference on house edge can be feel immediately just like on physical slot games that has a house edge greater than 10% while online slot games typically on has 50% or less house edge.

[famososMuertos]

It's incredible that this has to be explained... but here we go, one more post:
Several people say: it's what the house will win in the long term... but I think the reality is that it's the value that we players look for in the long term, that is, you "rarely" start close to that value, so most of those games have 1%.

If any traditional game is higher than 1% it's simple, you don't play it.

The thing is, how is it possible that most casinos have reached that agreement... I'll leave that task to you OP, if you're really interested in the subject, you'll find it.

[Russlenat]

It's incredible that this has to be explained... but here we go, one more post:
Several people say: it's what the house will win in the long term... but I think the reality is that it's the value that we players look for in the long term, that is, you "rarely" start close to that value, so most of those games have 1%.

If we’re talking about long-term success, any game with a house edge, no matter how small, isn’t the game you’d want to pick. Instead, focus on skill-based games where you can really find value and improve your chances, and actually even games with a tiny 0.5% house edge are still profitable for the casino in the long run. As long as there’s a house edge, the odds will always favor the house, it’s just how the system works.

If any traditional game is higher than 1% it's simple, you don't play it.

Even with a house edge lower than 1%, you still wouldn’t want to play if your goal is to find real value. When the odds are even slightly against you, it’s not the best choice for long-term success.

[owlcatz]

1%/2%.... ... I think at the end of the day the old saying is true - "The house always wins". However, having gambled many many eons ago, I know it's not always true, you can get lucky sometimes if you know what is going on etc.

https://en.wiktionary.org/wiki/the_house_always_wins#:~:text=Proverb&text=In%20a%20casino%2C%20all%20gambling,the%20successes%20of%20individual%20patrons

[Free Market Capitalist]

1%/2%.... ... I think at the end of the day the old saying is true - "The house always wins". However, having gambled many many eons ago, I know it's not always true, you can get lucky sometimes if you know what is going on etc.

https://en.wiktionary.org/wiki/the_house_always_wins#:~:text=Proverb&text=In%20a%20casino%2C%20all%20gambling,the%20successes%20of%20individual%20patrons

The fact is that this saying lacks something that is implicit and implicit, but that many people do not realize: the house always wins if we talk about the long term, about the big numbers.

You can go to the casino one night and come out with more money than you come in, in fact that is the attraction, because if everybody always lost, as can be deduced from a simplistic reading of the saying, nobody would bet.

The question is in the long run, in the big numbers, where the HE is what assures the house to win.

[Lanatsa]

1%/2%.... ... I think at the end of the day the old saying is true - "The house always wins". However, having gambled many many eons ago, I know it's not always true, you can get lucky sometimes if you know what is going on etc.

https://en.wiktionary.org/wiki/the_house_always_wins#:~:text=Proverb&text=In%20a%20casino%2C%20all%20gambling,the%20successes%20of%20individual%20patrons

The fact is that this saying lacks something that is implicit and implicit, but that many people do not realize: the house always wins if we talk about the long term, about the big numbers.

You can go to the casino one night and come out with more money than you come in, in fact that is the attraction, because if everybody always lost, as can be deduced from a simplistic reading of the saying, nobody would bet.

The question is in the long run, in the big numbers, where the HE is what assures the house to win.

People would really be just that trying out to realize on the moment or time that they are experiencing unfortunate conditions and not on the time that they are gambling midway or on the moment that they are
trying out to beat up the house. 

Realizations do always come at the end but because of greed then they would really be just that making themselves dumb and just tolerate into those things on what they do have in mind.
House do always win at the end or long run. Its not really that something that hard for you to understand.

This is how businesses do really make out some business and if you are a type of gambler who do tend to beat up this thing then it will really be
just that making your life miserable with in terms of financial status or condition.

[LUCKMCFLY]

Old casinos will always give the best because of their reputation, for new casinos it may take a process to provide services to their users, in terms of skills are indeed needed in every gambling but good enough skills are also sometimes casinos do not support such things if they always win, they will be more aggressive in improving the game until the skilled lose

You are right and sometimes some players including myself when I was a newbie liked new casinos a lot because I thought that playing in a new casino there were more chances of winning and no , it is quite the opposite , they want to attract our clients and they also need to capitalize, the process for the casinos is also hard, but even so they cannot be so radical because otherwise they run away from the clients and as they already know their favorite casinos which are mostly the old ones , then that is what they say: "it is better known than new to know" then the new casinos have that particularity, and as a newbie I saw everything in favor of the client.

[AHOYBRAUSE]

Old casinos will always give the best because of their reputation, for new casinos it may take a process to provide services to their users, in terms of skills are indeed needed in every gambling but good enough skills are also sometimes casinos do not support such things if they always win, they will be more aggressive in improving the game until the skilled lose

You are right and sometimes some players including myself when I was a newbie liked new casinos a lot because I thought that playing in a new casino there were more chances of winning and no , it is quite the opposite , they want to attract our clients and they also need to capitalize, the process for the casinos is also hard, but even so they cannot be so radical because otherwise they run away from the clients and as they already know their favorite casinos which are mostly the old ones , then that is what they say: "it is better known than new to know" then the new casinos have that particularity, and as a newbie I saw everything in favor of the client.

Actually I have made a different experience. At almost every single place I ever played casino games I won in the beginning, it's so strange. But then at some point it makes click and you can't win anything, even with winning percentages in your favor, like betting on 52% winning chance or more on dice or any other house game.
It's really strange this basically happened to me everywhere, might be a classic way to get people hooked. Well, I didn't and I just used the sites for sports betting after this. Hard to believe some outcomes sometimes so I better stick to where at least I have some knowledge.

[Lida93]

Old casinos will always give the best because of their reputation, for new casinos it may take a process to provide services to their users, in terms of skills are indeed needed in every gambling but good enough skills are also sometimes casinos do not support such things if they always win, they will be more aggressive in improving the game until the skilled lose

But do many of us gamblers give deep attention to these differences in house edge amongst the casinos before making use whether with the old or new. Because I myself am not exempted from this negligence. Generally, casinos don't love to see gamblers that have consistent wins against the house, you're bad business to them, so they either find ways to diminish your streaks or lock you out of their platform with any allegation they can come up with just to kick you off.

[Bushdark]

Old casinos will always give the best because of their reputation, for new casinos it may take a process to provide services to their users, in terms of skills are indeed needed in every gambling but good enough skills are also sometimes casinos do not support such things if they always win, they will be more aggressive in improving the game until the skilled lose

But do many of us gamblers give deep attention to these differences in house edge amongst the casinos before making use whether with the old or new. Because I myself am not exempted from this negligence. Generally, casinos don't love to see gamblers that have consistent wins against the house, you're bad business to them, so they either find ways to diminish your streaks or lock you out of their platform with any allegation they can come up with just to kick you off.

Many of us that are gamblers do not really care about the house edge because we are much more interested in winning not caring about whether the house has high dominance over gamblers. It is only free gamblers that keep this into consideration because they are aware of the importance of what house edge really means when it comes to winning. People that play more of casino games really need to keep their eyes on this so that they don't keep losing without knowing what could be responsible for that.

[Dunamisx]

Many of us that are gamblers do not really care about the house edge because we are much more interested in winning not caring about whether the house has high dominance over gamblers. It is only free gamblers that keep this into consideration because they are aware of the importance of what house edge really means when it comes to winning. People that play more of casino games really need to keep their eyes on this so that they don't keep losing without knowing what could be responsible for that.

You're right, because a true gambler should not be too focused on this, instead, they have to be more concerned on the way of how they could gamble, but so far we have seen it on may cases with gambling, everyone has their own choice in choosing between what they want base on how they have personally interpreted what gambling is to them, nevertheless, we should not forget that we are having fun in it.

[Unsoldier]

Both Stake and BCH.games have popular games such as Mines, Tower, Crash, and Target (notably referred to as Limbo on Stake). Stake's platform indicates a house edge of 1% for these games, whereas BCH.games lists a house edge of 2%.

Given that both platforms games are provably fair, I'm curious about the source of the discrepancy in house edge rates. Specifically, does the increased house edge at BCH.games stem solely from the monetary requirements to win (e.g., needing to roll above a 50.99 on BCH.games for a 2x win in Target)?

How does this variation in house edge impact other games like Mines, Tower, and Crash? Are the dynamics similar, or is there another mechanism at play influencing the difference in house edge between the two platforms?

The difference in the house edge could stem from how each platform configures its algorithms and payout coefficients. For instance, if BCH.games requires "rolling above 50.99" for a 2x win in Target, this alone could explain the higher house edge: the higher the win threshold, the greater the likelihood of loss, which increases the casino's advantage. 
For other games like Mines, Tower, and Crash, the dynamics depend on their specific rules. While both platforms claim to be provably fair, this doesn’t mean the game mechanics are identical. One platform might offer more "safe moves" or different probability distributions, directly impacting the house edge. 

Overall, the variation in house edge between platforms likely reflects their marketing strategies and monetization approaches. Stake may opt for a lower edge to attract more players, while BCH.games might set a slightly higher edge to maximize profitability.

[shield132]

1%/2%.... ... I think at the end of the day the old saying is true - "The house always wins". However, having gambled many many eons ago, I know it's not always true, you can get lucky sometimes if you know what is going on etc.

https://en.wiktionary.org/wiki/the_house_always_wins#:~:text=Proverb&text=In%20a%20casino%2C%20all%20gambling,the%20successes%20of%20individual%20patrons

The house always wins because mathematically casino has an advantage over you, you are wrong when you say that it's not always true. In reality it's always true, if you got got a lucky day, just say thank you and keep winning. Being lucky doesn't mean that the house lost because if you keep playing, you'll see that you are not as lucky as you thought. When it comes to house, casino thinks about long-term outcome. Long-term, house always wins but short-term, one player out of thousand will win but every time that player keeps playing, they decrease their chance. It's like, when you play dice with martingale strategy, you think that as long as you roll it many times, the number above 50.50 will come but mathematically, every roll decreases your chance of winning instead if increasing.

[EarnOnVictor]

1%/2%.... ... I think at the end of the day the old saying is true - "The house always wins". However, having gambled many many eons ago, I know it's not always true, you can get lucky sometimes if you know what is going on etc.

Are you trying to change the narrative? Then you are wrong, this is not a saying that just comes into play, it can be traced to millennial times, though it might not be called "the house" then, the organizers always have a means of winning, and gambling has always been like that. Your view is entirely different because it doesn't consider that a tiny few people are winning while the multitude are losing. Now, if you do the arithmetic, despite the few winnings, more losers are enriching "the house," so who is still winning if not the house?

They must always win to stay in business, otherwise, the industry will collapse.

[danadc]

People would really be just that trying out to realize on the moment or time that they are experiencing unfortunate conditions and not on the time that they are gambling midway or on the moment that they are
trying out to beat up the house. 

Realizations do always come at the end but because of greed then they would really be just that making themselves dumb and just tolerate into those things on what they do have in mind.
House do always win at the end or long run. Its not really that something that hard for you to understand.

This is how businesses do really make out some business and if you are a type of gambler who do tend to beat up this thing then it will really be
just that making your life miserable with in terms of financial status or condition.

I took the Liberty of highlighting what you say for a very simple reason, people believe that they can do wonders in a casino and they believe it Blindly knowing that they are going over the edge , this is something that they should not do because you cannot as a player Dissolve a Programming already planned and tested to all types of Attacks and errors , every person who enters a casino must understand that the casino will always have an advantage , whoever tries to beat this simply, for me applies all his ignorance and will always lose, it may be a problem of ignorance, but in the end he must realize it.

[SamReomo]

The house always wins because mathematically casino has an advantage over you, you are wrong when you say that it's not always true. In reality it's always true, if you got got a lucky day, just say thank you and keep winning.

I fully agree with you, and that's 100% true, the house always wins in the end, no matter if someone is lucky for a day, the other day that same person will lose against the house once again.

Let's say if someone who's lucky wins many bets in a day, then at the same day there are other players who are already losing bets against the house, and there's chance that the next day the same guy who won might end up losing everything once again.

That's why smart people always say that whenever you win big, just take rest and not develop feeling that you can be win similarly again because if you think like that then you won't win but lose everything. Gambling responsibility is an important asset of a gambler without any doubt.

[Zadicar]

People would really be just that trying out to realize on the moment or time that they are experiencing unfortunate conditions and not on the time that they are gambling midway or on the moment that they are
trying out to beat up the house. 

Realizations do always come at the end but because of greed then they would really be just that making themselves dumb and just tolerate into those things on what they do have in mind.
House do always win at the end or long run. Its not really that something that hard for you to understand.

This is how businesses do really make out some business and if you are a type of gambler who do tend to beat up this thing then it will really be
just that making your life miserable with in terms of financial status or condition.

I took the Liberty of highlighting what you say for a very simple reason, people believe that they can do wonders in a casino and they believe it Blindly knowing that they are going over the edge , this is something that they should not do because you cannot as a player Dissolve a Programming already planned and tested to all types of Attacks and errors , every person who enters a casino must understand that the casino will always have an advantage , whoever tries to beat this simply, for me applies all his ignorance and will always lose, it may be a problem of ignorance, but in the end he must realize it.

On the moment that you are trying up to beat up the house then it is 100% guaranteed that you will really be losing up that big time. Unless if there would be some code exploit or some errors or holes on which the site does have on where you could be able to modify out, but we do know that these platforms had invested well when it comes to security thats why it will really be that not that common or almost impossible that there will really be some exploit that a certain user will be able to find out. Come to think that not all gamblers are tech savvy or programmers for them to have those kind of coding approach and trying out to exploit the site.
Just like we do all know that house always win and having that edge against its gamblers but there are moments or times that we do get lucky and able to get those kind of big wins.

[Russlenat]

That's why smart people always say that whenever you win big, just take rest and not develop feeling that you can be win similarly again because if you think like that then you won't win but lose everything. Gambling responsibility is an important asset of a gambler without any doubt.

What we need to do is enjoy the win because no matter how much we win, if you don’t know when to stop, we'll still lose in the long run, right? That’s just how it goes. Even if we flip our brains around and analyze every angle to win, we can’t ignore the reality that the "house edge" will eventually beat us.

So my point is, enjoy the moment you are lucky and don't overanalyze things.. stay realistic, and believe "we'll all lose in the long run". 

[Hispo]

Many of us that are gamblers do not really care about the house edge because we are much more interested in winning not caring about whether the house has high dominance over gamblers. It is only free gamblers that keep this into consideration because they are aware of the importance of what house edge really means when it comes to winning. People that play more of casino games really need to keep their eyes on this so that they don't keep losing without knowing what could be responsible for that.

You're right, because a true gambler should not be too focused on this, instead, they have to be more concerned on the way of how they could gamble, but so far we have seen it on may cases with gambling, everyone has their own choice in choosing between what they want base on how they have personally interpreted what gambling is to them, nevertheless, we should not forget that we are having fun in it.

Actually, it is kind of ironic you talk about true gamblers and the perceived importance house edge has for them, because I have seen in some documentary films and shows that the edge is pretty much an important factor for the so-called "professional gamblers" to choose where they decide to wager their money. The common gambler who does not dedicate much of their time and money to this hobby won't pay much attention to the edge of their favorite casinos, but the professionals will, because they are more likely to wager higher amounts of money and also do it in the long term, in that context is when the edge of the house counts the most.