Do you like 0% house edge casino games? - page 4.

socks435

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Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Edgeless casino offers such games with 0% house edge, they are running an ICO, it is invested with Ethereum tokens. For more information, you can read it here: https://bitcointalk.org/index.php?topic=1718384.0

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Its altcoin related and i think 0% house edge or not i think they will the same result if you gamble because if you are greedy when you are gamble you will still lose it.. but if you satisfied what you had you can make more profit.
But i think like other said it cant stay for too long if they are not profiting in their gambling site..

coolcoinz

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Of course I like it. 0% edge means more profit for me, we should all like the idea of more money at no expense.
I don't really care how they can achieve it as long as I'm being paid fair and square. Some of you say that they must be ripping people off to do it, but they can have a big budget and want to promote a brand. They can be another large casino branching out.

serjent05

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Definitely it is a good thing to have 0% house edge casino games, it does not simply means a provably fair but a truly fair game. Imagine the mathematical computation of 0% house edge means even if we play at the long run, the Casino does not have an advantage that eventually make us lose.

Raimonn

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Its difficult to understand how a casino can earn money with a 0% house edge. As a player low edge is the best, but i don't thing that they could have it as low as zero a long time.

michaelch

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Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Edgeless casino offers such games with 0% house edge, they are running an ICO, it is invested with Ethereum tokens. For more information, you can read it here: https://bitcointalk.org/index.php?topic=1718384.0

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Yes, of course it is better to have games that have zero house edge. Maybe even an edge for the player

But it definitely begs the question of if the casino survives..

If it's only a small number of games, then it could probably be done... sort of like a loss leader for the casino.

Bitcoinsummoner

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I think many people are looking for 0 house edge that i think i can't believe that there are some business that can give 0 house edge.
How they can make a profit with this or its all about 50/50
Since its ETH i think this is their own way just to promote their own token.

darkangel11

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Just like others have said casinos need to get money from something. If somehow the number of won and lost bets is the same the site will have no source of income to pay for hosting and advertising.
They could slow it down by offering investments, but the only way they'd be able to pay it back is if they made people lose at games. House edge should be low, but it can't be at 0 forever. They could set 0% to promote themselves for a given time but will eventually have to change it.

jack1111

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Quote from: milewilda on March 14, 2017, 05:28:57 AM

Quote from: wuvdoll on March 14, 2017, 05:24:24 AM

Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Yes like any gambler, it is a dream to have zero house edge but I just wonder where the house will find its survival income generations ? Probably this zero edge is possible just because of their own cryptocurrency tokens ?

I visualize this concept like we need to deposit our money into a gambling house then they will issue some credits. Using those credits I can gamble against them with zero edge, am I right ?

This is actually right but I think these casino wouldn't last at all if they would plan to have 0% house edge in longer times and I cant think that they would operate without generating profits from its players because we do know that all casinos or gambling sites take profits on house edge and I want to say that no matter how a casino have a house edge or not,results would still be the same.

As far as know not all games have 0% house edge, and they will generate income from some games. Anyway, it can be good experiment, they have raised over $1 million.
The team has experienced gamblers, and a same to this debate happened in the main thread, so we should wait and watch what they can deliver.

emberbekas

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Quote from: SyGambler on March 14, 2017, 12:37:24 PM

if the house edge is really 0% then I'm sure the whole project is a scam , they will collect investors funds and run away with it
it's not possible to make money with 0% edge , basically it's a waste of time for the site
so either the name is misleading and there is kinda low edge , or the whole project is a scam

I have the same thoughts as yours. It would be very suspicious if a gambling site offering 0% house edge (except for a limited time only). The other screnario is, the site may take up more fee from us when we want to withdraw our money from their site.

SyGambler

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if the house edge is really 0% then I'm sure the whole project is a scam , they will collect investors funds and run away with it
it's not possible to make money with 0% edge , basically it's a waste of time for the site
so either the name is misleading and there is kinda low edge , or the whole project is a scam

bajing

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Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Edgeless casino offers such games with 0% house edge, they are running an ICO, it is invested with Ethereum tokens. For more information, you can read it here: https://bitcointalksearch.org/topic/edgeless-worlds-first-ethereum-based-crypto-casino-1718384

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

What a pressure we got from house edge for me the site have high house edge or low house edge doesn't have effect to anything. we still can win as long the house edge less than 10%

megynacuna

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Quote from: izanagi narukami on March 14, 2017, 10:03:23 AM

I think the site will not survive for long term except they rigged the bet without being notice or the site has massive capital to survive
Player who like 0% HE must re-think before they got scam on the future.

Yes it sounds fishy , how can you have a 0% house edge? It means something is wrong somewhere and they are up to something especially a long term ripoff which starts with building up trust from the potential players.

ralle14

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Quote from: Ayers on March 14, 2017, 06:16:58 AM

i i do like them please post the complete list of casino with 0% edge, especially those with nice game, but i also wonder how they can do their profit without any edge, they are taking higher fee on betting right?

There was an old thread asking which casinos doesn't have house edges go check it out if you want to know more. Some sites that have near 0% edge make it variable by increasing the edge once the gamblers want to bet more than the max bet of the site.

izanagi narukami

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I think the site will not survive for long term except they rigged the bet without being notice or the site has massive capital to survive
Player who like 0% HE must re-think before they got scam on the future.

ABCbits

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I wouldn't trust any casino with 0% house edge since that means they use other ways to earn profit such as manipulating gambling result/account balance/transaction history, complicated terms and condition that makes people confused or run away with user/investor money.
But, i like 0% house edge in casino if it's only part of their promotion/bonus for limited time/usage Roll Eyes

0xfff

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I don't think a player would notice a difference between a 0% and 1% house edge. It would make a very big difference for the casino owner however.

peter0425

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Quote from: jtipt on March 14, 2017, 08:09:22 AM

Quote from: BossMacko on March 14, 2017, 07:13:23 AM

0% House edge in a casino games is a wonderful idea but how will the owner can maintain the hosting , server and maintenance of his site if he there is no House edge. That will make the the owner broke if players always wins.

I don't think there a way by which the player will "always" win, the probability can become 99.99% but never 100%. Let's take example of dice, in a 0% edge the win chance can be maxed up all the way to 100% but then the multipler would be x1.00, therefore, no meaning in playing that game lol, now if the chance if 99.99% then the multiplier will maybe be x1.001 or something which is also worthless and there would be a chance of the player to lose. Nonetheless, a 0% edge casino is anyways a huge loss for the owner, that's the reason you don't see any true 0% edge casino.

I agree. No one will give 0% casino edge. Because this will not be profitable with them. They will go bankrupt soon and maybe cannot pay the customers if all of their money went out. Maybe the 0% house edge cover not all games. Maybe games like Poker has 0% house edge is not profitable for the casino. But with pure luck game like dice or roulette the 0% house is profitable for the house.

Mia Wallace

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Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Even with 0% house edge i am not sure you will be having profit as there will be a way for the casino to make money and if not they wont be coming up with this idea,i am not sure how this house edge will be calculated and how we are able to know about the house edge because it is a grey are for me.

milewilda

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Quote from: RichDaniel on March 14, 2017, 05:39:55 AM

Quote from: milewilda on March 14, 2017, 05:28:57 AM

Quote from: wuvdoll on March 14, 2017, 05:24:24 AM

Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Yes like any gambler, it is a dream to have zero house edge but I just wonder where the house will find its survival income generations ? Probably this zero edge is possible just because of their own cryptocurrency tokens ?

I visualize this concept like we need to deposit our money into a gambling house then they will issue some credits. Using those credits I can gamble against them with zero edge, am I right ?

This is actually right but I think these casino wouldn't last at all if they would plan to have 0% house edge in longer times and I cant think that they would operate without generating profits from its players because we do know that all casinos or gambling sites take profits on house edge and I want to say that no matter how a casino have a house edge or not,results would still be the same.

Exactly, generally house earn money from house edges, or sportsbook margins, but this casino has no house edge games, seems exciting, but will hardly earn money, good players will make the casino broke.

They will surely make the casino broke but I don't think players would put interest on this one.There are lots of sites do offer 0% edge on the past but most of them do fail or cant manage for no having making profits to their players.

Slark

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Quote from: shapeshiftscam on March 14, 2017, 05:03:28 AM

Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more.

Why shouldn't we like 0% House Edge? It is no brainer to support the idea of it. The less HE the better player experience is.
The problem, however, is that 0% HE might be problematic for casino to keep in the long run.
Also I imagine that the house might want to collect money from something else than HE. For example: high withdrawal fees.

Topic: Do you like 0% house edge casino games? - page 4. (Read 1816 times)