Can you beat the house edge - page 3.

marlboroza

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Quote from: Gameroid on February 18, 2017, 03:05:12 PM

Quote from: kidoseagle0312 on February 18, 2017, 09:44:45 AM

Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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?

maydna

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Quote from: Gameroid on February 18, 2017, 03:05:12 PM

Quote from: kidoseagle0312 on February 18, 2017, 09:44:45 AM

Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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.

yes i am agree with you and i think we don't have to beat the house but we can follow with the house so we can make money too like what the house did. i think its fair enough for us to stay with the house unless the house is getting broke for the gambling business and if that is happen, then we should leave and find the other house so we can follow it. but maybe in the other games, we can not follow the house because of something and i think we don't have to select this site, there is many good site that we can choose.

BitcoinPanther

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Quote from: joshy23 on February 18, 2017, 09:53:30 AM

Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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 so far of playing online dice game, I have never beat the house. It says its only 1% but is very hard. No strategy that I know of could have beaten the house. Yes, at the beginning you may have won, but in the long run you will lose everything. So its much better to just won a little or just 20% of your bankroll then withdraw you money.

There is, and it is not martingale, it is only a method, the strategy would be quit when you are winning and never play again. You beat the house edge? Yes! Simple as that. But never dream of beating the same house again and again, Law of average is against you next time.

Gameroid

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Quote from: kidoseagle0312 on February 18, 2017, 09:44:45 AM

Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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.

justdimin

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Quote from: mOgliE on February 18, 2017, 10:11:16 AM

The less you bet the more you have a chance to beat the HE by chance.

How ? By having multiple attempts to keep on trying ?
Then it again goes in probability. Only by theoretical we are having 50% chances to beat. But in practical it seems we are not having the fair distribution of chances.

mOgliE

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Quote from: RodeoX on February 16, 2017, 10:26:03 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.

That's why the best strategy is in fact mathematically to bet everything you have only once Cheesy

The less you bet the more you have a chance to beat the HE by chance.

joshy23

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Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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 so far of playing online dice game, I have never beat the house. It says its only 1% but is very hard. No strategy that I know of could have beaten the house. Yes, at the beginning you may have won, but in the long run you will lose everything. So its much better to just won a little or just 20% of your bankroll then withdraw you money.

kidoseagle0312

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Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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.

michkima

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Quote from: Patatas on February 16, 2017, 12:33:02 PM

Quote from: RodeoX on February 16, 2017, 10:26:03 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.

Quote from: doomistake on February 16, 2017, 12:28:41 PM

Yeah right, Hacking the system of a gambling site is the only way you could beat the house edge, but it would be not that easy if you don't anything about hacking, it requires more on coding so it is going to take a lot of time because first, you need to study how the system is functioning and how are you going to break to its system.

90% of the time it's impossible.The bet are verified and carried out on the server side so your cross scripting stuff barely makes any difference if you don't have an access to the actual server.Most of the hacks are due to internal leakage of the information rather than a third part attacker.

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.

Hacking is not an option. The casinos were built to prevent any such thing to happen. Another issue is that most of the money they have are in cold storage. They only have a small fund in their hot wallets to prevent getting hacked along with all theri money.

wizmo

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no you can't even if you figure it out all system will change then they are there to earn too.

Patatas

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Quote from: RodeoX on February 16, 2017, 10:26:03 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.

Quote from: doomistake on February 16, 2017, 12:28:41 PM

Yeah right, Hacking the system of a gambling site is the only way you could beat the house edge, but it would be not that easy if you don't anything about hacking, it requires more on coding so it is going to take a lot of time because first, you need to study how the system is functioning and how are you going to break to its system.

90% of the time it's impossible.The bet are verified and carried out on the server side so your cross scripting stuff barely makes any difference if you don't have an access to the actual server.Most of the hacks are due to internal leakage of the information rather than a third part attacker.

doomistake

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Quote from: Omura on February 10, 2017, 05:19:05 PM

The only way beat the house edge is to exploit a bug in the system.

Yeah right, Hacking the system of a gambling site is the only way you could beat the house edge, but it would be not that easy if you don't anything about hacking, it requires more on coding so it is going to take a lot of time because first, you need to study how the system is functioning and how are you going to break to its system.

And beating the house edge even just for 1%? maybe you could do this is the gambling sites which do have 2% of house edge, but how about those gambling sites that have only 1%, I guess it is not fair anymore if that is going to happen, because it is like they are giving you the money every time that you will gamble.

And beating the house edge is not important, what is important is that you need to realize that gambling will just make your bitcoin disappear and will never come back again, just think, it is hard to earn bitcoin and you are just going to spend it on gambling? think again.

lite

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Quote from: philiveyjr on February 16, 2017, 09:01:39 AM

It is very hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

Well, if you let your greed take over you'll lose for sure. once you have enough profit stop! i know it's hard to stop when you're on a winning streak, but you must learn to control yourself if you want to profit. i've lost so much money because of greed.

RodeoX

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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.

michkima

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I don't think so, well I know so that no one can beat the house edge. Generally even without house edge both the house and the gamblers have the same cahnges of winning and losing. But the problem is that statistics has it that you will lose a losing streak worse so long that you will lose your whole bank roll.

dunfida

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Quote from: Monnt on February 16, 2017, 09:35:13 AM

Quote from: klf on February 16, 2017, 09:05:36 AM

Quote from: philiveyjr on February 16, 2017, 09:01:39 AM

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.

Yes, we gamblers do not have control on ourselves and simply blaming on house edge for not able to beat it.

Long back, I had an experience like I gambled very disciplined and have stopped right after some profits and hence I believed that I was able to beat the house edge. We need to be perfect to beat the house otherwise we are going to just experience the beauty of gambling, nothing else.

Beating the house would actually be considered like that specially when we do stop and taking profits on their site.This is actually a clever way and should be maintained but we do know that not all day we do have our luck in able to sustain profits.

Monnt

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Quote from: klf on February 16, 2017, 09:05:36 AM

Quote from: philiveyjr on February 16, 2017, 09:01:39 AM

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.

Yes, we gamblers do not have control on ourselves and simply blaming on house edge for not able to beat it.

Long back, I had an experience like I gambled very disciplined and have stopped right after some profits and hence I believed that I was able to beat the house edge. We need to be perfect to beat the house otherwise we are going to just experience the beauty of gambling, nothing else.

milewilda

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Quote from: Blitzboy on February 15, 2017, 05:33:40 AM

Quote from: virasisog on February 15, 2017, 05:17:46 AM

Quote from: milewilda on February 15, 2017, 04:40:05 AM

Quote from: FlightyPouch on February 15, 2017, 04:27:15 AM

Quote from: yueno on February 15, 2017, 04:05:19 AM

Quote from: virasisog on February 15, 2017, 03:53:25 AM

Quote from: nikolai9982 on February 10, 2017, 11:22:59 AM

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?

It is so impossible to beat the house edge even you won some amount it doesn't mean you beat the house edge .That's why gambling or casino's have a house edge obviously they are created to earn profits and for fun time not to giveaway bonus and jackpots .
i think you must be contented if you earn don't question about gambling because the only answer there is you will their house edge even you are the best gambler .

yes you are right it is impossible to beat the housee edge because it is the owner of the game. You cannot beat the owner because its his/her system actually. It is his/her program as well. So you must think out of the box.

Then if no one can't beat the house edge, what is the purpose of the sign they have been posting in in their site like Provably fair.
Theyre system is made randomly and so people or gamblers have fun and try out their luck. We must not think negatively of the sites.
If none is winning in a gambling site, then I think they're luck has just run out.

Provably fair means all results are random and theres no any manipulation on each roll that have been made and I agree on what you have said gamblers should not always think about this stuff but we do really experience it mostly on longer runs on which we do lose our money.House edge would really beat us down no matter what that's why we should know how to get away before we got bust.

That depends on how we think on it .,Yes it probably fair random but it is in their system even they say propably fair it doesn't mean its fair its just like sweet words to attract to catch up our mind .Then if its probably fair 50-50% chance on my own understanding . If i am a the owner o a gambling house even i say that its probably fair it doesnt mean how it is as i said. I don't need to elaborate but the point there is you must be a responsible gambler.

No, it is not about the random. Even if it is provably fair, we can never beat the house. This system is created to take away people's money and generate fund for the campaign manager. If you think you can beat it, you are totally wrong. The more you play, the more your realize how hard can it be. I have tried my luck for several time but the result still remains zero. I only lose my money.

You are right no matter how hard we try we do really lose by the house itself specially when we do play on longer runs we would definitely bust out no matter what.Trying hard to take advantage to the house is really a bad idea because on this way we do really lose even more.

dunfida

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Quote from: klf on February 16, 2017, 09:05:36 AM

Quote from: philiveyjr on February 16, 2017, 09:01:39 AM

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.

There are two types of gamblers on which those wise and dumb ones or shall we say those addicted ones on playing gambling. Experience does realyl matter since we do learn from it anytime we do commit mistakes wise people would eventually avoid that thing again for not to be happen.

klf

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Quote from: philiveyjr on February 16, 2017, 09:01:39 AM

It is ery hard to do so in a long run. House edge does catch up even if you make a lot early on and get lucky. It has happened with me as well. Initially double or triple my bankroll and instead of cashing out, I continue to gamble with it and eventually lose it all.

That is the beauty of gambling. Because after you get some then we want some more and continue until we lose everything. Later we start thinking that we shouldn't have continued. Most of the gamblers will go through this experience, and some people will learn a lesson, and next time they will start controlling themselves and most of the people will never learn lesson and continue until they lose all their money.

Topic: Can you beat the house edge - page 3. (Read 4019 times)