Topic: Are there any casinos that have a 0% house edge? (Read 548 times)
I've played on some websites that let you bet against other players so it was 50/50 odds and they made their money off website advertisements. That is a good business model and may grow rapidly in the future as players keep striving to get the best odds possible.
Are there any casinos that have a 0% house edge?
hey, business should be fair. to organize a casino you have to spend quite a lot. there are should be a way to get investment back. if house edge is 0% business is not sustainable, it could be so only for some promotional event, like celebrate casino anniversary.
the maintenance and the expenses of the site, even in a small part there's should be something for the site.
How would the Casino make money if there was no house edge? You won't find a casino or casino game where the win probability is greater than 50% for the player.
I agree with you sir! If they don't have any charge nor house edge, the gambling site that the OP wants is a illegal gambling site. They will never create their own profits in other things. That is why they also made fees and house edge so that they can sustain their business. We all know that gambling is business also. And they really need this one. Casino won't gain profit without a house edge.
That's the reality, even 1% house edge which is low but they are making huge profit if the total amount wagered are bigger.
It's their advantage, and it's where they make money operating the casino.
If it does really exist that casino won't last long. It would attract many gamblers but I don't suggest playing there. Something like a 0% house edge for a limited time or event is enough.
Or maybe a scam casino only, I don't see a casino with zero house edge that are successful and popular in the crypto world, most of them has house edge. Are there any casinos that have a 0% house edge?
hey, business should be fair. to organize a casino you have to spend quite a lot. there are should be a way to get investment back. if house edge is 0% business is not sustainable, it could be so only for some promotional event, like celebrate casino anniversary.
I don't think tou should play in the casino that offered 0% house edge, the casino need something to make profit and usually they make profit from house edge, if they cant make profit from house edge then they could find dirty way to make profit, which is cheating the system, as you can see all the reputable site got a house edge
Yes. Casinos are only making profits from their players so it's really impossible that they create 0% house edge from the gamblers. Surely casinos are built for income purposes too so they will really find ways to make profits from all the gamblers who often play in their sites.
I don't think tou should play in the casino that offered 0% house edge, the casino need something to make profit and usually they make profit from house edge, if they cant make profit from house edge then they could find dirty way to make profit, which is cheating the system, as you can see all the reputable site got a house edge
I think casino will not earn anything if there's no house edge or 0% house edge ofcourse that is the one of the reason that they can earn income.
You sure about that ? What if the casino or the gambling site have an ads ? They can still earn that way if they have alot of visitors but only if those visitors wont use ad blocker . in reality i think no gambling site have a zero house but i believe the lowest house edge is at 0.1 or 0.01 percent , in this way a gambling site can attract alot of users as much as possible while they can still earn something .
I haven't seen a gambling website that have ads on their platform and even if they do visiting that website will take longer loading time compared to other websites who don't have any ads. And imo if you put ads on your gambling website that means you don't have enough funds to run that business.
I think casino will not earn anything if there's no house edge or 0% house edge ofcourse that is the one of the reason that they can earn income.
You sure about that ? What if the casino or the gambling site have an ads ? They can still earn that way if they have alot of visitors but only if those visitors wont use ad blocker . in reality i think no gambling site have a zero house but i believe the lowest house edge is at 0.1 or 0.01 percent , in this way a gambling site can attract alot of users as much as possible while they can still earn something .
I think casino will not earn anything if there's no house edge or 0% house edge ofcourse that is the one of the reason that they can earn income.
Are there any casinos that have a 0% house edge?
Don't you think that the casino doesn't want to take their profit? Usually, they have 1% house edge, and I think that is fine for gamblers to play in their site. As long as the site is very recommended and the site is legit, I think the gamblers don't have any complaint except the site doing a cheat for their members. But for the trusty gambling site, they won't cheat their members because they will think that their members an assets to them to make a profit.
Casino won't gain profit without a house edge.
That's the reality, even 1% house edge which is low but they are making huge profit if the total amount wagered are bigger.
It's their advantage, and it's where they make money operating the casino.
If it does really exist that casino won't last long. It would attract many gamblers but I don't suggest playing there. Something like a 0% house edge for a limited time or event is enough.
Or maybe a scam casino only, I don't see a casino with zero house edge that are successful and popular in the crypto world, most of them has house edge. 
Casino won't gain profit without a house edge. If it does really exist that casino won't last long. It would attract many gamblers but I don't suggest playing there. Something like a 0% house edge for a limited time or event is enough.
A 0% house edge casino would be a bet between two people p2p. If there is a middleman (that is the casino platform where we play), there will be a house edge, otherwise nobody will offer this service for free.
The house edge is what makes the system sustainable, organized and the gambling activity in large scale be possible.
The house edge is what makes the system sustainable, organized and the gambling activity in large scale be possible.
I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.
Actually, there's one site offering 0% house edge but up until now, they are in beta.
https://socialbet.io/
You can see at the lower right portion of their homepage.
Their thread - https://bitcointalksearch.org/topic/socialbetio-know-how-are-we-going-to-monetize-a-casino-with-true-odds-5119108
Last post was in April, so don't know the progress update of their developments.
Curious if they can really attract gamblers with this feature once they are up and running.
I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.
~snip~
Looking at on the thread it seems its not active even giving out 0% house edge doesn't guarantee of success of such gambling site.
For now,i don't see any casinos currently offers 0% house edge yet you can see these offers for a limited time specially if they are still on
launching date or some promo but this don't last forever.
I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.
Actually, there's one site offering 0% house edge but up until now, they are in beta.
https://socialbet.io/
You can see at the lower right portion of their homepage.
Their thread - https://bitcointalksearch.org/topic/socialbetio-know-how-are-we-going-to-monetize-a-casino-with-true-odds-5119108
Last post was in April, so don't know the progress update of their developments.
Curious if they can really attract gamblers with this feature once they are up and running.
I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.
There actually have been promotions on legitimate crypto casinos where the house edge was lowered to 0% for a short time to attract gamblers, but there hasn't been any sort of promotion like this on any semi-reputable casino in some time. It does seldom happen, though.
I wouldn't try gambling on just any casino offering a 0% house edge though. There's plenty of scam casinos out there, and advertising a 0% house edge can be used as bait to get people to deposit money onto such a site.
I doubt it, gambling sites owners are businessmen, meaning they are after profits and it is very impossible for them to set-up 0% house edge, I believe they set it up as high as possible to ensure profits. I heard some may have promotions but not to the point where they offer 0% house edge.
Have you ever heard of socialbet.io? They are saying to have 0% house edge but I don't know exactly their development phase. But if I am a player, I will doubt an online casino to have 0% house edge. They need to get money from somewhere. And that will be a mystery for us.
They can't have 0% edge else they will be in a loss and they won't have funds to pay people who wins on their site. As far as I know, the minimum house edge is 0.1% and I have not seen anything below this number. Normally the gambling sites offering 1% house edge are considered to be good and anything above 1% is not recommended by the gamblers too.
its rare to see a gambling site that has a 1% house edge . i bet most of the gambling sites nowadays are mainly have an above 1% house edge and of course this includes the reputable and older casino's . they are still recomended by other gamblers so there is no need to worry at all . infact above 1% house edge do also offers higher prize pools than those who have a lower house edges .
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