you can have a 2% + house edge but offer , lets say , jackpot rounds or other features to keep players interested and be popular and competitive
It is possible though it is tough for a new site especially when there are better alternatives with better HE out there. Why in the world would I think of wasting my money in a site where the HE is 1.9% when I can get a better deal on a far more popular site with 1% HE?
for example, have a look at freebitcoin , while it is not exactly a casino , but their house edge is abnormally high at 5%
guess what? there are more players than at many of the specialized in dice casinos and many should be envious of their wagered
Not a great example.
Freebitco is famous for being a faucet primarily and casino site secondarily which is why many people don't hesitate when playing their games since they are essentially playing with free money.
it has long time evolved into NOT a faucet , or not ONLY a faucet
they have stated numerous times that their primary income comes from the HILO game and the lottery tickets sales
there are other sites with 2+ % house edge n their games , all sorts of roulettes or crashes with jackpot wheels etc.
as much I'd lovea 1% house edge, it would be boring if all of the sites were dices with a 1% house edge, right
roulette is 2.7% , for example and people are loving it etc. etc.