Topic: Bitcoin Gambling website (Read 694 times)
They definitely make money there is a house edge, even if that edge is small they grind out a percentage of the volume wagered over time.
Does a bear poop in the woods? Yes, they make money.
Does the owner of the website know how to capitalize on a game with odds stacked in their favor is the bigger question...
Does the owner of the website know how to capitalize on a game with odds stacked in their favor is the bigger question...
lucky @ bit777
Do these make good money?
The fact that gambling is a negative expectation game then I can't see why not. As long as there is always any percentage of house edge these guys(or gals) are cleaning up.
As Einstein stated
Quote
You can't beat a roulette table unless you steal from it.
I love bitzino and satoshidice.
Of course, satoshi dice is the most popular I believe.
I'd imagine alot, but I would LOVE to host a site.
That is my dream honestly.
That is my dream honestly.
Anyone know any good ones?
there is a list on here: https://bitcointalksearch.org/topic/mems-list-of-gambling-sites-75883
Anyone know any good ones?
Do these make good money?
Depends on the site, but some have very high traffic and thus "good money."
Do these make good money?
gambling web sites will always make money - just look at some recent stat for satoshidice:
https://bitcointalksearch.org/topic/m.2415205
Do these make good money?
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