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sr. member
Activity: 406
Merit: 250
April 28, 2016, 05:54:33 PM
#31
Not beyond a promotion like has already been suggested in other comments but I do think one day that there will be decentralised software that can offer 0% edge ONE DAY.

I can't see a way around players not getting their complete bets on though. If you take a coin toss as an example with pools of money being placed on one of two outcomes (heads or tails). It's very unlikely that the same total sums will be placed on the same selections so an amount will have to be returned to those betting on the selection with most stake.

For example say 100 players bet a collective total of
100 on heads
110 on tails

A total of 10 needs to be returned among all the players who selected tails reducing their preferred bet size as a percentage amongst all the other bettors who had selected tails. So this would be a bit sucky if you only got 90% of your preferred bet size down. However, it would be a totally fair 0% edge bet.

Incorporating this in to traditional casino games would likely bring down the percentage of getting your preferred bet size matched, unless it was super liquid, but again your bets would be fair. You can remove the 0 from roulette to make it fair and a mathemetician would have to tell you how to make blackjack have a 0% edge. It's surely possible though.

Dice software instead of dice sites too. Remove the trust, let machines provide the service.
sr. member
Activity: 462
Merit: 250
April 28, 2016, 05:13:15 PM
#30
This will never happen in my eyes, its just not possible because indeed casino's need to gain money to pay the servers and other things.
In the overall I think its not possible to achieve this as a casino to be honest.
hero member
Activity: 896
Merit: 1000
April 28, 2016, 05:04:00 PM
#29
Yeah at that point its not a casino.
Unless the site has an investment service tied into it an are invested with the users.
But even then with no edge how would they gain anything.

Unless you mean like a 0.55 edge
legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM
April 28, 2016, 04:48:05 PM
#28
Zero/negative house edge casino forever? Are you kidding mate? If there is a casino that offers zero/negative HE forever, there are only two possibilities :
1. The casino will turn to a scam sooner after launch
2. The owner is a stupid rich man who want to share his money Smiley
legendary
Activity: 1442
Merit: 1000
April 28, 2016, 04:37:41 PM
#27
you shoulda named this thread...

Do you think any gas stations will give away free petro?

yeah and they offer 1 free money tree with sign up
legendary
Activity: 1638
Merit: 1046
April 28, 2016, 03:33:55 PM
#26
No impossible there's no gambling that has no house edge and i think it can effect for their business maybe it can result into drain balance of the sites.. and i think they are making a profit because of house edge.. and for investors..
so Provably no for me..
hero member
Activity: 778
Merit: 500
April 28, 2016, 03:20:49 PM
#25
A casino never will do this because indeed a casino also need to make money on the people, otherwise it will not even exist anymore.
I think this is not possible and it also will never happen in my eyes.
legendary
Activity: 1792
Merit: 1283
April 28, 2016, 01:41:39 PM
#24
That just isn't a sustainable business model, you will end up losing your bankroll of someone wins a big amount, there's always variance...
Maybe it would be possible if they set the maximum payout very low, but who in the right mind would pay for server costs etc. and basically make no profit whatsoever?
legendary
Activity: 966
Merit: 1000
April 28, 2016, 01:36:55 PM
#23
zero/negative house edge would be great but i dont think any casino will come up that will be legit  because they are risking having a gambling site without any profits at all. witch is deffinatly no worth for them running it,
regards.
-Katerniko1
legendary
Activity: 966
Merit: 1042
April 28, 2016, 12:50:56 PM
#22
Clearly not. If they did it would only be because they're making money in some other way. It would never be advisable though. Why make less money than you could potentially?
sr. member
Activity: 462
Merit: 250
April 28, 2016, 12:49:41 PM
#21
Most likely they will not do this because a casino also need to earn its money and mostly they also have investors they have to pay..
The casino's will always have this, I have no doubt about that to be honest.
legendary
Activity: 966
Merit: 1001
April 28, 2016, 11:39:46 AM
#20
-snip- so it shows players don't really care about their edge.

That is very true for the majority gamblers from what I have seen. If gamblers does care about house edge a lot, we will only have some dice sites with extremely low house edge while all the currently very popular dice sites (with ~1% house edge), roulette, slots etc should long be dead. So actually, it is better for sites to have a reasonable house edge and then spend part of their profit on events, affiliate payments, better server, better UX and better support etc.
legendary
Activity: 1918
Merit: 1003
April 28, 2016, 11:38:34 AM
#19
I do not care much of house edge.I do not think it is practically possibly for any transparent and fair site to introduce such thing.No one can afford to pay maintenance and running costs from pocket and let the site work as charity or non profit base.
hero member
Activity: 700
Merit: 500
April 28, 2016, 11:38:21 AM
#18
I think it will be much hard for any casino to run that kind of zero/negative house edge for a long term, i saw some casinos offering for short of time of period that kind of promo, it is really costly to run a gambling site and maintain it for long term than it will hard to survive for any casino with this kind of offer.
legendary
Activity: 1036
Merit: 1000
April 28, 2016, 11:30:44 AM
#17
Its impossible to offer a sustainable zero house edge game, anyone offering a negative house edge is a scam. Advertisements pay much to little (especially in BTC space). Not to mention server costs, time vested etc.
legendary
Activity: 1022
Merit: 1000
April 28, 2016, 11:29:38 AM
#16
Gonna be hard for them to cover their costs.  I guess in a way faucets are kind of like this, maybe if somehow ad revenue offset what would have to be a microscopic player advantage.

Of course many will claim scam, just as many already do with sites such as 999 dice.
sr. member
Activity: 348
Merit: 250
April 28, 2016, 11:27:56 AM
#15
few casinos offering zero house  edge but yeah its for limited time and for promotional events only.
there will never be a casino that will offer zero house edge forever, and if there is, you have to stay away from it by the fact that their gambling games are rigged.
legendary
Activity: 1526
Merit: 1003
April 28, 2016, 11:02:57 AM
#14
It doesn't make any sense to me why any casino will offer zero/negative house edge, i don't think we will see that kind of casinos in future.
hero member
Activity: 686
Merit: 500
April 28, 2016, 11:00:19 AM
#13
Impossible i don't think any casino can afford this with zero house edge, every business comes for to make good profit so who will offer this kind of casino games with zero house edge when it is key for any casino to make profit in the long term otherwise they will close their business.
legendary
Activity: 980
Merit: 1000
April 28, 2016, 10:54:09 AM
#12
if for zero house edge i was might see few casinos online offering these but for negative house edge till now i was never know if any or some casinos offering these too but basically i don't really care how much percentage house edge offering for me because as long i can won a lot it doesn't matter for me
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