Can you beat the house edge - page 5.

Finestream

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Quote from: el kaka22 on February 14, 2017, 12:21:05 PM

Quote from: marlboroza on February 11, 2017, 09:50:38 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%.

Yes, you can, if you win before you lose, withdraw money and never gamble again.
I just don't see other possibilities to win against house.

One way is that but the temptation will get you gambling again I can guarantee friend. I think rather than that just do freestyle betting on dice and do not apply any strategies because all what these strategies do is to just make you optimistic and a looser.

While freestyle gambling will not guarantee any profits I agree but surely is much better than a chasing a goal. Just gamble any amount normal odds and stop once you feel is enough.

Doing a freestyle betting gives no pressure at all, we can bet only base on our instinct by luck we can win. Using that method will certainly not gonna give us headache as we will not be more curious and go deeper in seeking for a winning strategy that has not existed at all.

That way, you can enjoy and will not gonna make you addicted like other irresponsible gamblers have experience.

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Quote from: marlboroza on February 11, 2017, 09:50:38 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%.

Yes, you can, if you win before you lose, withdraw money and never gamble again.
I just don't see other possibilities to win against house.

One way is that but the temptation will get you gambling again I can guarantee friend. I think rather than that just do freestyle betting on dice and do not apply any strategies because all what these strategies do is to just make you optimistic and a looser.

While freestyle gambling will not guarantee any profits I agree but surely is much better than a chasing a goal. Just gamble any amount normal odds and stop once you feel is enough.

epitome

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Temporarily yes, longtherm not...

What if you are lucky in the long term,it all depends upon your luck and gambling strategy .If you are a rage gambler you will never win and never plan on becoming rich in a single day. If you could follow all those then you could beat the house ,but the margin of error is really slim.

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Quote from: geopolisch on February 14, 2017, 08:59:56 AM

Quote from: tabas on February 11, 2017, 09:17:53 AM

Quote from: xuan87 on February 11, 2017, 08:46:34 AM

It is quite hard to beat the house edge maybe once in a while you will be able to win it, but in the end you will lose, that is why there are so many casino pop out and most of the people suggest to invest in casino because most if the time the casino got profit, so you may try different strategies but in the end the house edge is going to make you lost

I can beat the house but yeah it is possible, once in a blue moon. And most of us are having hard time to beat the house. Those casinos that are coming out because they are taking advantage on it, they know that no one will be able to beat them

Why you guys just consider gambling as casinos and dice sites ?

Gambling is a wide term and even the bets made at home, in races and even guessing things like how much time after the pizza will arrive is a gamble. Basically me and my friends do betting where the one ones who make wrong guesses pays for the pizza. I can proudly say I eaten more than I paid for Tongue

and hence I am in win even after long term.

because first of all most people around here are playing dice and many of them have only played dice as the only gambling game they ever play.

also house edge is similar in all cases. what you are describing (you betting with your friends by guessing something) does not have any house edge because there is no house and you all have equal chance (unless someone is cheating).

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Quote from: tabas on February 11, 2017, 09:17:53 AM

Quote from: xuan87 on February 11, 2017, 08:46:34 AM

It is quite hard to beat the house edge maybe once in a while you will be able to win it, but in the end you will lose, that is why there are so many casino pop out and most of the people suggest to invest in casino because most if the time the casino got profit, so you may try different strategies but in the end the house edge is going to make you lost

I can beat the house but yeah it is possible, once in a blue moon. And most of us are having hard time to beat the house. Those casinos that are coming out because they are taking advantage on it, they know that no one will be able to beat them

Why you guys just consider gambling as casinos and dice sites ?

Gambling is a wide term and even the bets made at home, in races and even guessing things like how much time after the pizza will arrive is a gamble. Basically me and my friends do betting where the one ones who make wrong guesses pays for the pizza. I can proudly say I eaten more than I paid for Tongue

and hence I am in win even after long term.

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Quote from: grim007 on February 13, 2017, 11:08:02 PM

Quote from: t3ChNo on February 13, 2017, 08:55:51 PM

Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.

Definitely, Luck is the only key to beat house edge, If you feel very lucky, then bet huge amount on gambling at one shot then pray to win, in that situation if your bet won, you actually beat the house edge, House edge is actually effective on long that's why you need to bet fast

I doubt one would put a bigger amount even if he feels he is so lucky, that is based on a person's attitude. There are people who are willing to take bigger risk and with that, they have a good chance to take big profits but also they are at risk of losing big amount of money. It's a fair chances, you win and you lose but never bet what you can afford to lose.

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Quote from: t3ChNo on February 13, 2017, 08:55:51 PM

Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.

Definitely, Luck is the only key to beat house edge, If you feel very lucky, then bet huge amount on gambling at one shot then pray to win, in that situation if your bet won, you actually beat the house edge, House edge is actually effective on long that's why you need to bet fast

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Maybe with pure Luck but how would we know? It's a system in place for the casinos to earn as well as a way to entice new investors.

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Quote from: Slark on February 13, 2017, 03:18:25 PM

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

There some people have made million dollar play against the house edge
Please keep in mind that not everyone will lost, there is lucky guy who managed to keep the profit for years
Now what would you talking about when he successfully did it?
You can beat the house edge, it's just the matter whether luck choose you or not.

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Quote from: Slark on February 13, 2017, 03:18:25 PM

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

I agree lol if you play in the long run you will really lost mathematically

Quote from: mrcash02 on February 13, 2017, 04:19:31 PM

But there are some gamblers with positive balance in casinos for a long time. Looks they really made profit on long term, or didn't the long term reach to them yet? Maybe it can vary from one to another gambler...

Probably you have seen a freshly deposit bankroll Cheesy

, or maybe they know how to quit when they have some good amount of winning. Other player tends to play across all the casino platform withdrawing their bankroll plus winnings before the losing streak strike them and deposit the bankroll to other Casino to start all over again.

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Quote from: Slark on February 13, 2017, 03:18:25 PM

Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

But there are some gamblers with positive balance in casinos for a long time. Looks they really made profit on long term, or didn't the long term reach to them yet? Maybe it can vary from one to another gambler...

Slark

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Do we really need discussion so long to answer such simple question? It is the same as with martingale or other betting systems.
It always amuses me how people hope to beat negative expectation game in the long run with a betting system.
Learn once and for all, betting systems (or flat betting if that matters) + House Edge = mathematically unbeatable combination.

I can hear some gamblers saying now: "But I won big money in a casino already with my system" You did?

So please now continue doing so everyday for a year. Then we will talk.

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Quote from: Botnake on February 13, 2017, 12:28:09 AM

Quote from: RoommateAgreement on February 13, 2017, 12:23:39 AM

the thing about house edge that we should all know, is that house edge is there to make sure the house wins.
we already all know that the house always wins no matter what. and when the house edge comes into play, that means the house has even more chance of winning against the players.
if it was anything other than this, the house would have been bankrupt.

With that, there is no way you can beat the house edge, the only thing you can do is to minimize your loses by limiting your bets. The house edge gives them a winning moment most of the time and if we go stick with it and spend more time, it means more loses on our part.
By understanding our chances, we will be able to minimize our loses and we will learn that enjoying is more important than seeking for a win.

That's the purpose casino created. If we looking for profit, that's just become a disaster, you will be addicted and just waste money with them.
House always win can not be disputed, that's the way gamble company make a profit.
Where they making money apart from our money?

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Quote from: raven7886 on February 12, 2017, 05:50:23 AM

Quote from: ralle14 on February 12, 2017, 05:42:31 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?

My experience with gambling gave me a lesson that you can't beat the house edge. You can win against the house but only for a short time like what others said because if you keep trying and trying you'll lose in the end.

You are sounding like "in long run, every gambler will be facing losses only". It must be true as one day other when our luck is not favoring, we will face loses. It does not mean we never beat the house edge, but in long run or in consolidated results house alone wins more than what we profit. There will be no meaning on winning one or two times out of hundred attempts.

basically the problem is that even when you play 100 times and not you will win 2 times, instead you will win around 45-55 chances but the problem is that when you will total up your losses and wins then you will notice that loss is actual total outcome.

You cannot beat the edge, note it man !
But yeah if you have enough endurance to stay away from gambling once you win then you will surely win some.

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Quote from: bajing on February 12, 2017, 03:49:16 PM

Quote from: beerlover on February 12, 2017, 03:32:52 PM

Quote from: bajing on February 12, 2017, 03:24:51 PM

maybe gambler never can beat house edge only in online casino.

Need not to be true.
It always too hard to beat the house edge in all type of casinos when are competing against house (unless it is a player vs player environment). If you are able to beat them consistently, in long run houses will go bankrupted.

I never heard there is any gambler can winning big in casino online even though there is who can win huge amout it's from lottery or slot machine. yeah maybe we have think hard to beat the house edge but I think in casino online we against system and i'm sure everything is already set by the system.

i heard some but rare to see and if i'm not mistaken that there is person could won 250 btc and running giveaway 0.5 btc for each person and available for 15 people so i think this person has already beat the house and that means beat the house still possible but indeed it cannot do with very often because require a lot of luck

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Quote from: ComponY on February 13, 2017, 05:30:42 AM

Theoretically, we can't beat the house edge, because it is the profit source of casinos, sportsbook, you know they are making money, most casinos with house edges operate in very long term.

And in terms of capital, they are also more aggressive than us because they know they have the edge to win over the gamblers. House edge is the big reason why they operate in profitably in the industry, they gave us the entertainment and in return they have to take our money. That's the reality.

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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?

Actually beating the house edge is impossible . I tried gambling for about 1-2 year before I was experienced in bitcoin about legit vs scam ways .
I tried every possible stretagy and tricks to make profit but at the end of every long run gambling I made loss but still got only some small ideas of making only a very little amount of profit .
I started to make stretagy of gambling and also find some on google but overall my experience told me never bet continuously more than 10 times . Otherwise chances of losing became increases repidaly .

ComponY

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Theoretically, we can't beat the house edge, because it is the profit source of casinos, sportsbook, you know they are making money, most casinos with house edges operate in very long term.

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Quote from: Text on February 13, 2017, 03:16:34 AM

I can't beat the house edge since I don't have capital bigger than the house edge. I think only a gambler with a greater value than the house edge can beat it, could it be possible? There are many possibilities can happen, you may have a zero balance before you beat the house and it will really take a long run.

Having a big capital does not ensure we can beat the house edge, they are in the business and they operate for profit. They set the rules and they can limit the bet. Honestly, we cannot beat them, we should accept that, if we feel we are clever, think twice, they would not last in the business if they are not smarter than us.

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I can't beat the house edge since I don't have capital bigger than the house edge. I think only a gambler with a greater value than the house edge can beat it, could it be possible? There are many possibilities can happen, you may have a zero balance before you beat the house and it will really take a long run.

Topic: Can you beat the house edge - page 5. (Read 4008 times)