Can you beat the house edge - page 2.

milewilda

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Quote from: RoommateAgreement on February 28, 2017, 12:28:22 AM

Quote from: Tesorex on February 27, 2017, 09:13:04 PM

Yes you can, just change the win chance.

you do realize that when you change the chance of winning, your multiplier is also changing right?
and the multiplier changing means you are winning less amounts and if you just use a simplest calculator you can see that you have a harder time to beat the house edge on anything other than 2x since you win small and lose a huge amount.

No matter how you would change the multiplier or the odds if you are not lucky enough that would be still useless no matter what. Actually players can somehow beat the house specially when they won big amounts but this is just on rare cases because most of the time we are beaten up by the house and lose our money on longer runs.

RoommateAgreement

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Quote from: Tesorex on February 27, 2017, 09:13:04 PM

Yes you can, just change the win chance.

you do realize that when you change the chance of winning, your multiplier is also changing right?
and the multiplier changing means you are winning less amounts and if you just use a simplest calculator you can see that you have a harder time to beat the house edge on anything other than 2x since you win small and lose a huge amount.

MinerHQ

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Quote from: Tesorex on February 27, 2017, 09:13:04 PM

Yes you can, just change the win chance.

Whatever winning chance still there will be some house edge because these casinos need to make some profits so they will keep house edge always on. But if you're saying that even though there is a house edge you can still make a profit from the gambling then that's also wrong because in the longer run house is always going to win. So gambling should be played only for fun not for making profit.

Ziskinberg

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Quote from: Tesorex on February 27, 2017, 09:13:04 PM

Yes you can, just change the win chance.

Lol, you are so funny, changing the win chance will also change your payout and that will not eliminate the house edge. Just accept the reality that it is their for a reason and if we do not want to play with the house edge, we are free to choose other games with no house edge. Now, maybe you need to analyze more why there are still people who playing games which they do not have the advantage, the answer is very simple, it's very entertaining that's why they choose to stay and does not mind the house edge.

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Yes you can, just change the win chance.

Frosxh

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Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

no you can't beat the house edge AFAIK, if you win you are only lucky, with the math you will know why, example in 2x multipliers, if you play 1000 bets you are expected to win only 495 and you will lose 505, that alone will give you negative profit.

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Quote from: BitcoinSupremo on February 27, 2017, 04:36:56 PM

Only in some games where skill is involved heavily like Texas Holdem Poker, you may have a chance to go to a casino and beat them in this but usually in slots ,dice and roulette (cannot martingale infinitely, casinos have become smarter and placed a betting limit) will end up losing in the long run.

It's better to play Texas Holdem Poker rather than those live poker games, I find it hard to beat because their staff is cheating with players. They are using some kind of flipping strategy with their cards. Sports bet is another game that we can play for beating the house because the results are hard to manipulate unless that sports book is connected to the game management of that particular sport.

cryptoblazter

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Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

I agreed only in 1% you can possibly beat the house edge. But most often we always encounter loss in the games. Because house edge is the main reason why gambling get in profit.

FlightyPouch

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Quote from: BitcoinSupremo on February 27, 2017, 04:36:56 PM

Only in some games where skill is involved heavily like Texas Holdem Poker, you may have a chance to go to a casino and beat them in this but usually in slots ,dice and roulette (cannot martingale infinitely, casinos have become smarter and placed a betting limit) will end up losing in the long run.

Thats right, poker and blackjack can beat the house, this gambles just really includes a skill which not everyone have. I am watching movies about that and there are also written in books which is a good proof of it.

BitcoinSupremo

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Only in some games where skill is involved heavily like Texas Holdem Poker, you may have a chance to go to a casino and beat them in this but usually in slots ,dice and roulette (cannot martingale infinitely, casinos have become smarter and placed a betting limit) will end up losing in the long run.

Pettuh4

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Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

Of course they are beatable that's why it's called a gamble, they are risking just like you but maybe they are risking less as the house always have the edge but with careful strategy and statistics mixed with a little luck you can sure turn your little advantage into huge profits. Don't let anyone discourage you, you can beat them.

hurain

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Quote from: gabmen on February 27, 2017, 12:24:42 PM

Quote from: Maslate on February 27, 2017, 02:12:04 AM

Quote from: Slark on February 26, 2017, 06:48:14 PM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.

Have you checked House Edge in standard brick and mortar casino? There are games with lower House Edge than 1%.
Black Jack (and its variations like Spanish 21) is known for having extremely low HE - 0.28%
For Video Poker House Edge is usually less than 1% too, I rarely see anyone exploiting that fact.
If Black Jack was that unprofitable for the casino to keep around why they still have this game around?

You are correct, as long as there is a housed edge regardless how small it is, the advantage are still in the house and that be seen with the way they are operating and we know there are plenty of gambling sites who had some success than those who fail. I like to see the time that we all be educated in the reality that we cannot be the house edge, stop fantasizing but making a working method as it's name will not justify though.

Well I think that the house edge is on of the things in gambling that we really can't do anything about. It's a fact and we can't control it. The only thing we can do is to try to play around that house edge, we can't win against it so learn to play with it. Play while you're expecting that the house will beat you and try to figure out things that you have a little control about to avoid losing a lot of money

yes house edge can be beat but in very few games, like in sports games we can beat the house edge as in sports games we mostly depend on our experience therefore there we have the opportunity to beat house edge.

chris200x9

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Quote from: serjent05 on February 26, 2017, 06:37:31 PM

Quote from: blackhawkeye1912 on February 26, 2017, 06:09:44 PM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

You may defeat the house edge few times only, but in the end the house edge will always bringing us to loss. Which means it is only in our dreams if beat house edge for several times. But your tactics was not so bad at all. Cheesy

I agree that we can defeat the house edge but to stay with that statistic we need some strategy. Honestly, if we rely mathematically, we cannot beat the house edge in the long run. It is due to the certain percentage of odd that favors the house. the strategy I am telling is martingale with forced stop when you win after streak of loses.

I think no strategy will help you to beat house edge. That too, in the long run, you can not beat this house edge. You can only control your play when you are in the long term win. If you not controlled your play you will definitely end with the big loss.. and some people try to beat house edge by using martingale method I don't know how many are succeed but for me, i am not succeeded in this method.

gabmen

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Quote from: Maslate on February 27, 2017, 02:12:04 AM

Quote from: Slark on February 26, 2017, 06:48:14 PM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.

Have you checked House Edge in standard brick and mortar casino? There are games with lower House Edge than 1%.
Black Jack (and its variations like Spanish 21) is known for having extremely low HE - 0.28%
For Video Poker House Edge is usually less than 1% too, I rarely see anyone exploiting that fact.
If Black Jack was that unprofitable for the casino to keep around why they still have this game around?

You are correct, as long as there is a housed edge regardless how small it is, the advantage are still in the house and that be seen with the way they are operating and we know there are plenty of gambling sites who had some success than those who fail. I like to see the time that we all be educated in the reality that we cannot be the house edge, stop fantasizing but making a working method as it's name will not justify though.

Well I think that the house edge is on of the things in gambling that we really can't do anything about. It's a fact and we can't control it. The only thing we can do is to try to play around that house edge, we can't win against it so learn to play with it. Play while you're expecting that the house will beat you and try to figure out things that you have a little control about to avoid losing a lot of money

RodeoX

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Quote from: michkima on February 17, 2017, 01:16:23 AM

Quote from: Patatas on February 16, 2017, 01:33:02 PM

Quote from: RodeoX on February 16, 2017, 11:26:03 AM

It's called an edge because you can't predictably beat it. In fact it is logically predictable that the house is the likely winner of any bet. If you want to get rich in gambling you buy a casino, not put your money up for a likely loss.

Do you think everybody is rich enough to buy a casino ? lol Moreover,there wouldn't be any profits if everyone went around buying casinos.No,you cannot predict if the house is likely the winner of any bet.Provable betting system exists for a reason.

Maybe he's just illustrating that if someone wants to earn from gambling, instead of gambling against the casino, just make one. Because statistically, the casinos will win against every gambler gambling on the casinos.

That is what I mean. At a casino the house has to be the most likely winner. They are not playing a game like the casino patrons, they are working a mathematical system to win more often than anyone else. They may lose individual plays, they may pay out more to a specific gambler than they made, but over time and on average they will have a more or less predictable advantage on all bets. "Provable betting" shows all the math, but is in no way a level playing field. Gambling websites are making money not providing a free public gambling service.

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Quote from: Slark on February 26, 2017, 06:48:14 PM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.

Have you checked House Edge in standard brick and mortar casino? There are games with lower House Edge than 1%.
Black Jack (and its variations like Spanish 21) is known for having extremely low HE - 0.28%
For Video Poker House Edge is usually less than 1% too, I rarely see anyone exploiting that fact.
If Black Jack was that unprofitable for the casino to keep around why they still have this game around?

You are correct, as long as there is a housed edge regardless how small it is, the advantage are still in the house and that be seen with the way they are operating and we know there are plenty of gambling sites who had some success than those who fail. I like to see the time that we all be educated in the reality that we cannot be the house edge, stop fantasizing but making a working method as it's name will not justify though.

Slark

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Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.

Have you checked House Edge in standard brick and mortar casino? There are games with lower House Edge than 1%.
Black Jack (and its variations like Spanish 21) is known for having extremely low HE - 0.28%
For Video Poker House Edge is usually less than 1% too, I rarely see anyone exploiting that fact.
If Black Jack was that unprofitable for the casino to keep around why they still have this game around?

serjent05

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Quote from: blackhawkeye1912 on February 26, 2017, 06:09:44 PM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

You may defeat the house edge few times only, but in the end the house edge will always bringing us to loss. Which means it is only in our dreams if beat house edge for several times. But your tactics was not so bad at all. Cheesy

I agree that we can defeat the house edge but to stay with that statistic we need some strategy. Honestly, if we rely mathematically, we cannot beat the house edge in the long run. It is due to the certain percentage of odd that favors the house. the strategy I am telling is martingale with forced stop when you win after streak of loses.

blackhawkeye1912

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Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

You may defeat the house edge few times only, but in the end the house edge will always bringing us to loss. Which means it is only in our dreams if beat house edge for several times. But your tactics was not so bad at all. Cheesy

serjent05

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Quote from: marlboroza on February 18, 2017, 04:50:25 PM

Quote from: Gameroid on February 18, 2017, 04:05:12 PM

Quote from: kidoseagle0312 on February 18, 2017, 10:44:45 AM

Quote from: nikolai9982 on February 10, 2017, 12:22:59 PM

Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?

In my opinion it maybe or maybe not, But majority of it I think it will gonna be hard for you do it to defeat the house edge. How can you defeat the one who control the rules inside the games, the only things I know is you can only win for a low average percentage in the gambling sites but don't expect that you can win for big profit unto it.

in fact it is very difficult to beat the house edge but i think only luck can enable you to beat the house edge. i think all the casino have setup a house edge and they give very little advantage to the customers. so those casinos who will give advantages to the customers will be more popular. for example in duck dice people have many chance to get money because they receive a very little house edge and mostly give advantage to the customers.

Unless you play for free, or you are really lucky to win something good and never play again it's impossible to beat house edge in long run.
Can you explain how is duck dice giving advantage to players?

I agree that beating the house edge in the long run is impossible. It is mathematically favored House edge if you keep on playing in the same house for a long time. Though I can see some people to be able to book a big win against the house. I just don't know if they can do it again for couple more times.

Topic: Can you beat the house edge - page 2. (Read 4008 times)