Xiaoxiao (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
|
|
October 14, 2014, 12:38:33 PM |
|
Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Cloudbet
Legendary
Offline
Activity: 2338
Merit: 1110
Cloudbet | Best Bitcoin Gambling Site Since 2013
|
|
October 14, 2014, 12:46:28 PM |
|
Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?
A large number of our games at Cloudbet.com have a higher payout rate than live casinos. Our highest payout game - Super 7 Blackjack - pays out 99.71%. Check us out! Cheers, Cloudbet
|
|
|
|
addi
|
|
October 14, 2014, 01:02:55 PM |
|
Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?
Online casinos, especially Bitcoin casinos, do have on average a much higher payout. A lot are competing on house edge against each other and against classic casinos. Thus these can sometimes become marginally low, which is of course very good for the player.
|
|
|
|
Xiaoxiao (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
|
|
October 14, 2014, 03:03:59 PM |
|
I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?
|
|
|
|
addi
|
|
October 14, 2014, 03:10:41 PM |
|
I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?
I am the best of both worlds, a "software expert" who developed a casino that has been running flawless since early 2013. I did also not advertise the casino in my reply, so not sure what's wrong.
|
|
|
|
Xiaoxiao (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
|
|
October 14, 2014, 06:14:59 PM |
|
I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?
I am the best of both worlds, a "software expert" who developed a casino that has been running flawless since early 2013. I did also not advertise the casino in my reply, so not sure what's wrong. Oh I see. So you are with satoshibet ? So what is the payout for some of the popular games on there. And how does the algorithm/ RNG work in online casinos? Is it predetermined or does it change based on customer bet size/ other factors (like say customer is newbie, so let him win a bit).
|
|
|
|
Timetwister
Legendary
Offline
Activity: 1199
Merit: 1047
|
|
October 18, 2014, 01:41:49 PM |
|
Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?
Online Bitcoin casinos have a quite low edge compared to live ones, and even to online ones that have to pay for their licenses, taxes, etc.
|
|
|
|
HeroCat
|
|
October 18, 2014, 04:53:21 PM |
|
Live casinos have better payouts, people are people, and software is better player than in live mode
|
|
|
|
panju1
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
October 19, 2014, 01:01:35 AM |
|
You can look at the 'house edge' different sites are offering. Competition seems to be pushing these down.
|
|
|
|
MaryKris
Member
Offline
Activity: 109
Merit: 10
|
|
October 19, 2014, 01:34:43 AM |
|
You can look at the 'house edge' different sites are offering. Competition seems to be pushing these down.
Yeah.. Where can I find that house edge man? That is like, the lower the house edge the better right?
|
|
|
|
GodfatherBond
|
|
October 19, 2014, 04:36:07 AM |
|
It's all about adjusting. I stopped playing online when I took a closer / backend look at big casino sotware - and what it makes possible for the operator. Just don't play House edge = horse as*. It does not matter if operator is palying with own rules at backend.
|
|
|
|
Chemistry1988
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
October 19, 2014, 09:08:29 AM |
|
You can look at the 'house edge' different sites are offering. Competition seems to be pushing these down.
Yeah.. Where can I find that house edge man? That is like, the lower the house edge the better right? Short answer: Yes. Long answer: Instead of just comparing the house edge of different sites, you should also consider the deposit/no deposit bonus, rakeback and most importantly the trustworthiness.
|
|
|
|
|