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

Quote from: coinplus on March 20, 2017, 09:29:45 AM

0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

Actually you are wrong because no edge means that we indeed have more chances of winning.
Though that been said no edge does not guarantee anything in particular and the only outcome that is still expected is loss only. I have gambled a lot with players directly and yet I lot, so can't really disagree with you but actually with lower edge chances increases.

Its not actually more chances of winning lets say a house have a ordinary edge of 1% and they offer 0% house edge which means it only adds up 1% on your winning rate when you do play specially on 2x multiplier on dice. 1% chance might add up but it doesnt make big difference at all.

I don't think it matters in dice because it is random and with or without house edge you will still lose money, also lots of players are still using martingale but i don't think 0% house edge would make any difference. But what about slots? IMO 0% he means slot has either less symbols or more combinations, or both, of course with very low payouts.

Oilacris

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0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

Actually you are wrong because no edge means that we indeed have more chances of winning.
Though that been said no edge does not guarantee anything in particular and the only outcome that is still expected is loss only. I have gambled a lot with players directly and yet I lot, so can't really disagree with you but actually with lower edge chances increases.

Its not actually more chances of winning lets say a house have a ordinary edge of 1% and they offer 0% house edge which means it only adds up 1% on your winning rate when you do play specially on 2x multiplier on dice. 1% chance might add up but it doesnt make big difference at all.

bering

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yes i do like it but if suppose there and i quite doubt will get those feature from my favourite casinos because they really needed more than 0% for paying their operator which mean most of casinos online will avoid this feature and i don't think there will be popular casinos would available 0% house edge

coinplus

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Quote from: Ayers on March 17, 2017, 06:08:51 AM

0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

Actually you are wrong because no edge means that we indeed have more chances of winning.
Though that been said no edge does not guarantee anything in particular and the only outcome that is still expected is loss only. I have gambled a lot with players directly and yet I lot, so can't really disagree with you but actually with lower edge chances increases.

PokerFace3

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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run

Yeah indeed then no one can say that we will always loose in long term as in long term we would be expected to be neutral in terms of profit and loss. Yes, it is an advantage having no edge but that does not make us win all the time since gambling against a house with humongous bankroll is always dangerous.

I am not foreseeing any big differences we are going to enjoy due to zero house edge.

wahb

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Quote from: machinek20 on March 18, 2017, 08:04:46 AM

0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

but if a house do not have any house edge and give you more and more opportunities then how will they run the casio as most of the time they run their casino with the house edge.

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0% house edge poker games and tournaments would be great, but an operator has to make money from somewhere to pay its operating expenses.

maydna

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It will be great to found out that there are casino with0% house edge, then the next question will be how the casino cover their expenses? Most of the casino gain profit because they got advantage from house edge, without the house edge then they will just rely on luck to gain profit and something not seem right if they only rely on luck to make their site to survive

this is what i am thinking too but if the casino is really apply 0% of house edge, maybe the casino will doing other way to gain profit that they don't get. maybe they will modify the games or other else just to make sure that they can get more profit. but i think its not good enough for casino to do that and they only can run the site in short term because they can not cover their expenses to continue the site. to maintain the site is actually need big money especially in gambling site so they really need profit to cover their expenses.

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Quote from: logisticalmother on March 18, 2017, 01:53:16 AM

0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

Honestly, I haven't seen a gambling site that is successful now with 0% house edge, the one that is under ICO now is getting the confident of the investors. Let's see what will happen because after the project will be successfully launch, for now I will stick with a gambling site with house edge because they are normal and legitimate in the industry.

machinek20

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It will be great to found out that there are casino with0% house edge, then the next question will be how the casino cover their expenses? Most of the casino gain profit because they got advantage from house edge, without the house edge then they will just rely on luck to gain profit and something not seem right if they only rely on luck to make their site to survive

dunfida

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0% doesn't mean you would have more winning chance on your gambling plays the chances or risk is different but mostly chances are purely random even they claim they have 0% edge but I don't think they will last long for a certain casino because they wont make any profits on its players which means they will go bankrupt easily.

Catmony

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Im not sure for house edge, it is just a bullshit. as so far house edge on casino around 1%-0% it still made players lost. and they say you have prove them on provably fair.

You can actually verify every results on provably fair casinos and house edge doesn't have anything to do with fairness of the game.

0% house edge is just their promotional line, there will be certain house edge for sure when they will launch their casino.

neochiny

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Crypto.games

0% House Edge. What a nice thought. But that's all it is.
I actually would rather play on a site I know that has HE, rather than with one I don't know that doesn't have HE.

With H.E., at least I'd know how and where the site would be taking money from. I'd have an idea of my chances then.
But if a site promises No H.E.? It'd just keep on bugging me how they'd be making money, where it'd be coming from, how much would it be, what my chances really are, or if I'd even be able to withdraw at all.

As for a site with no H.E. that's proven to be stable/viable? How do they prove it? It'd still be up to the individual whether they'd believe the 'proofs' or not.
And even if that's the case, there are still 'favorites'. Even now, gamblers don't necessarily choose a site because it's got a lower House Edge.

It's not the only factor to consider. 0.8% with your favorite site or 0% from a new one? Sure some might be tempted, doesn't mean the new site would be able to keep them.

marlboroza

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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.

Of course i like 0% house edge.
To be honest slots in topic from link you gave us looks the same as faucetgame.com. Even design and colors are the same. And from what i know in faucetgame slots you can't lose, so how will this casino make profit?

IMO it is just ICO promotion.

serjent05

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Quote from: mOgliE on March 17, 2017, 11:07:50 AM

Huh, ok I would clearly advise you to never play on a site with 0% house edge...

Let's be clear, if there is 0%... You gonna get screwed. A casino will NOT risk money with 0% house edge. It means either they cheat or they will leave with the invested money...
What is... understandable is the short periods of 0% house edge, because it's a promotion event.
But anything regular is pure trap.

Uh well this is your idea of a 0% house edge. So where would we play? A Casino that has a house edge? If in case the casino with 0% house edge is proven to be stable, would you rather play on it? I do understand your idea but it is all assumption so there is a possibility that 0% house edge can function well. And we are not talking about scheme here, we are talking about pure 0% house edge. Of course with something like scheming is a different story.

logisticalmother

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Im not sure for house edge, it is just a bullshit. as so far house edge on casino around 1%-0% it still made players lost. and they say you have prove them on provably fair.

doomistake

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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.

Every gamblers are looking for this kind of Casinos, and yes, I like Casinos with lower House Edge especially with the 0% house edge, meaning there is a higher chance that you could win every bet that you are going to make compare to those Gambling sites which have higher percentage of house edge. But still, I am not suggesting anyone that we should try this gambling site because it is still a gambling site, and we all know that will going to happen in our bitcoin if we are going to use it in gambling.

I am just saying that this is a good gambling site because of their house edge, and not the good way to earn bitcoin.

geopolisch

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Quote from: shapeshiftscam on March 17, 2017, 03:01:30 AM

Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.

If the price of ethereum is pumped or dumped that does not change things really because casino would always want to have an edge over players and having no edge over players means that they are running casino in public interest rather than their own interests which make no sense.

Yeah, some coins that are new in market can make their dice sites where they offer no edge gambling and hence promoting their coins while gamblers get no edge fun.

raven7886

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Quote from: Lionidas on March 16, 2017, 12:51:20 PM

How does 0% edge casino survive because what that means they lose to the players most of the time right?
Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.

It is a wrong understanding or myth that if a casino has 0% edge the it would loose because actually if a casino offers 0% edge means that they still have the equal chances as the gambler to win. It is like in-person gambling where we gamble against another player and even in that scenario we often end up loosing, so why would a casino with no edge loose ?

eternalgloom

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Quote from: Ayers on March 17, 2017, 06:08:51 AM

Quote from: michkima on March 16, 2017, 10:56:09 AM

0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run

Trying to retrieve your loss is never a good idea, not even when you're playing on a game with 0% house edge.
You'd need an almost infinite amount of money and see the results over a long period of time to be able to make your money back.

mOgliE

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Huh, ok I would clearly advise you to never play on a site with 0% house edge...

Let's be clear, if there is 0%... You gonna get screwed. A casino will NOT risk money with 0% house edge. It means either they cheat or they will leave with the invested money...
What is... understandable is the short periods of 0% house edge, because it's a promotion event.
But anything regular is pure trap.

Slark

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It's not that gamblers are bad at gambling. No one is bad at gambling, everybody has the same luck as the other guy next to him. It's just that the casinos win over time due to the fact that statistically they are playing against so much players and they have really bigger bank roll than the gamblers themselves. So in the long run, casinos will profit even if they don't have house edge.

There are certain games where skill or some reasoning what are you doing will help you win. Prime example: Poker
When you know what you are doing you can achieve much better results in games like Black Jack too, there are set of rules which can help you win.

We will be able to see how this idea of zero house edge casino will unfold itself - there is interesting project developed Edgeless.

BitFinnese

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Quote from: upsidedown75 on March 17, 2017, 09:16:08 AM

0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

You are right but betting on a no edge casino means you are then just like gambling without any advantage to the casino and hence much easier to win and actually easy to apply martingale strategies.
Though 1% does not make sure that we would only win but it would certainly increase the chances of winning though the chances of site scamming with zero edge is high too.

If we bet at a 0 edge house, this means all are fair, no advantage from the house. This means we have more chance of winning than betting in a Casino with x% house edge. I don't know if I got you wrong but it seems you are referring the house edge as the players advantage, which is actually the opposite. And there is no Casino house that gives an edge to the player. I have not seen any reverse edge Casino Site.

upsidedown75

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Quote from: SONG GEET on March 17, 2017, 05:45:31 AM

0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

You are right but betting on a no edge casino means you are then just like gambling without any advantage to the casino and hence much easier to win and actually easy to apply martingale strategies.
Though 1% does not make sure that we would only win but it would certainly increase the chances of winning though the chances of site scamming with zero edge is high too.

maydna

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Quote from: shapeshiftscam on March 17, 2017, 03:01:30 AM

Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.

But if they don't sell them right now they may loss that value in terms of fiat. Price of ETH had pumped really hard in last few days but there must be some price correction or even a dump in some corner. Wink

Quote from: Lionidas on March 16, 2017, 12:51:20 PM

How does 0% edge casino survive because what that means they lose to the players most of the time right?
Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.

0% house edge doesn't mean casino will not make any profit, house edge is there in most of the casino only to guarantee atleast some profit for casino on total wagered amount.

and if the casino is not make any profit, it means its bad news for investor because investor make invest with the house and if the house can not get profit, the investor will run from the site and the site will be broke soon. i think its not good for investor to against the casino in gambling games and its better to be their side in the long term so the investor can make profit too.

Quote from: Ayers on March 17, 2017, 06:08:51 AM

0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

we know that we must have luck in gambling business even if there are any site site with 0% house edge, we still need our luck. but i don't know if in the future, the house is trying to apply 0%.

Red-Apple

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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run

no it won't guarantee that.
you can actually try this next time you found some new site or one of the old sites do this as promotion. go there and make a couple of rolls and you will see what i mean. the default setting of dice is on 2x and even with 0% house edge you will be still losing half the time while you were losing half plus a tiny bit more when house edge was 1%

Ayers

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Quote from: shapeshiftscam on March 17, 2017, 03:01:30 AM

0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

but it can guaranteed that you are not losing anything against the house, this mean that at least your win/loss ratio will stay the same in the long term, which is huge for me as i can remain in game playing and try to retrieve my loss if i had a bad run

SONG GEET

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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.

But if they don't sell them right now they may loss that value in terms of fiat. Price of ETH had pumped really hard in last few days but there must be some price correction or even a dump in some corner. Wink

Quote from: Lionidas on March 16, 2017, 12:51:20 PM

How does 0% edge casino survive because what that means they lose to the players most of the time right?
Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.

0% house edge doesn't mean casino will not make any profit, house edge is there in most of the casino only to guarantee atleast some profit for casino on total wagered amount.

shapeshiftscam

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Ethereum has been pumped so hard, the largest pump ever I have seen, Edgeless now have more value in fiat, so they can develop more 0% house edge casino games on the Ethereum platform.

Lionidas

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How does 0% edge casino survive because what that means they lose to the players most of the time right?
Usually you see 2-3% house edge but 0% is confusing to players at these casinos that offer this.

piloder

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0% house edge can't guarantee you will win, actually luck is main factor for winning. I think this is still a concept and they haven't delivered anything yet, so it will be really exciting to have a first look at their games when they will release them.

One of the similar platform which have successfully completed their ICO was vdice which is truely an ethereum smart contract based dice site.

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Quote from: BTCLovingDude on March 16, 2017, 09:24:19 AM

Quote from: coinplus on March 16, 2017, 07:12:06 AM

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.

You are right because any casino offering zero or negative edge are likely to scam or something is fishy there. I can understand when a casino offers this as a promotional period but always then surely is something wrong.
Moreover how many of us when gamble 1 bitcoins lose 0.01 only ?

I guess none and that shows that it's not just the edge that makes us loose, rather gambling itself makes us loose no matter how big or small is the edge.

well there are always promotional campaigns any casino can do, but most of the time they are new casinos that want to attract more users and there is nothing wrong or shady about it. i think you already know this part.

but also even if they continue doing it i don't think there is anything wrong with it. the edge is just an "edge" not the only reason house wins. the house always wins because majority of the gamblers are pretty bad at it and on top of that they are also greedy. and greed is simply leading to a guaranteed house win.

It's not that gamblers are bad at gambling. No one is bad at gambling, everybody has the same luck as the other guy next to him. It's just that the casinos win over time due to the fact that statistically they are playing against so much players and they have really bigger bank roll than the gamblers themselves. So in the long run, casinos will profit even if they don't have house edge.

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Quote from: coinplus on March 16, 2017, 07:12:06 AM

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.

You are right because any casino offering zero or negative edge are likely to scam or something is fishy there. I can understand when a casino offers this as a promotional period but always then surely is something wrong.
Moreover how many of us when gamble 1 bitcoins lose 0.01 only ?

I guess none and that shows that it's not just the edge that makes us loose, rather gambling itself makes us loose no matter how big or small is the edge.

well there are always promotional campaigns any casino can do, but most of the time they are new casinos that want to attract more users and there is nothing wrong or shady about it. i think you already know this part.

but also even if they continue doing it i don't think there is anything wrong with it. the edge is just an "edge" not the only reason house wins. the house always wins because majority of the gamblers are pretty bad at it and on top of that they are also greedy. and greed is simply leading to a guaranteed house win.

coinplus

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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.

You are right because any casino offering zero or negative edge are likely to scam or something is fishy there. I can understand when a casino offers this as a promotional period but always then surely is something wrong.
Moreover how many of us when gamble 1 bitcoins lose 0.01 only ?

I guess none and that shows that it's not just the edge that makes us loose, rather gambling itself makes us loose no matter how big or small is the edge.

batang_bitcoin

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I personally don't like the idea of 0% house edge, we all know that casino's are business. And if there is no proof for the source of profit such as house edge and they will just rely to the investors money for investing to their ICO and as well as their bankroll. That will not be that productive just like this guy said.

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.

naidray

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Quote from: megynacuna on March 14, 2017, 11:34:50 AM

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.

I beg to differ because there are so many casinos, a casino may think of this idea and get gamblers on their site, there are two possible things from there on, one is they increase their edge with increasing gamblers or the second is they let the things as it is and I am quote sure that gamblers would still loose.

Gamblers mainly lose because of greed and always winning more and more mentality and not because of house edge. House edge just worsen the case.

Herbert2020

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Quote from: thebatletbet on March 16, 2017, 01:18:30 AM

Quote from: 0xfff on March 14, 2017, 09:35:15 AM

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.

if you want known difference house edge is big and low house edge
you can try playing dice site in house edge 5%(freebitco) and another dice sit is low house edge, example primedice , bitsler or crypto-games-net
if house edge big you very dificult can get profit

of course there is a difference but you are comparing the house edge of a gambling site such as bitsler (1%) with another huge house edge of 5% from freebitco and that is a 5x bigger difference! and that my friend is an obvious big difference even without trying.

but in case of 1% versus 0% the difference is not that big or noticeable. again it is obviously better to have 0% for players but that difference is not a life changing amount!

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Quote from: 0xfff on March 14, 2017, 09:35:15 AM

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.

if you want known difference house edge is big and low house edge
you can try playing dice site in house edge 5%(freebitco) and another dice sit is low house edge, example primedice , bitsler or crypto-games-net
if house edge big you very dificult can get profit

bhadz

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Quote from: BlockEye on March 15, 2017, 03:53:35 AM

Quote from: bhadz on March 14, 2017, 11:43:28 PM

If that will be implemented by those reputable casino then I will certainly love it and will keep on using those gambling sites. But with what op had mentioned about edgeless.io casino it is still a brand new and still it has a running ICO. So maybe they are going to use those people that will invest to them as their bankroll for operation with this 0% house edge.

Edgeless actually used the fund raised to their ICO for the bankroll of their Casino since they are new and still developing, See the Ann thread of the edgeless here: https://bitcointalksearch.org/topic/m.18177883 so that you know more about edgeless. And i'm certain that OP created this thread because he was curious about on how 0% house edge casino will work. We can see the result after the ICO and observe what will be the reaction of the gamblers to their fresh Casino style

That's for the link and well that's why edgeless is trying to get more investors for their starting bankroll. Though I don't have an idea for their whole road map isn't that unfair for those investors when the site started to operate if they are going to keep on implementing that 0% house edge? That's I haven't seen reputable sites do this.

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nobody dislikes 0% house edge that much should be obvious!
but a zero house edge is not going to change that much about the result of your gambling as much as you think it does.
for example if you are a fan of dice and play 2x a lot, with 0% house edge you still have 50% chance of losing!!! so as you can see there is still a very big chance that you lose your money and this is the part that most people miss.

bamboylee

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It is not 0% house edge but 0.83% house edge in practise. But even with that, that is still very low house edge. I wonder if the house can sustain their operation with that kind of edge. This looks very scammy in the side of the investors. I may gamble on this site but I will definitely not invest in it.

stomachgrowls

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Quote from: yueno on March 14, 2017, 09:05:39 PM

No i dont like it because it will lost you at the end of the day. So it is better if you go for gamble that it clicking the box only just like satoshimines. Because it is easy to win in that you are not losing pants on that game. And your money will grow.

Even if the house have edge or not you will still lose in longer times on playing gambling. Satoshimines is quiet entertaining but i do really suck on playing it and always hitting the bombs its just the same and every game doesnt guarantee that your money will grow anytime.

Monnt

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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.

House edge becoming zero would mean that the site has no undue advantage of it's own and it's more like player vs player and yeah that increases your chances of winning but actually winning is still difficult, consider you gamble with your friends then do you always win ? No simply because there is no edge doesn't mean there is no risk.

gabmen

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Quote from: ABCbits on March 14, 2017, 09:35:35 AM

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

You're right there dude. You're taking away the casino or gambling site's profit if they go 0% house edge and i also don't think anu legit site would have this. I'd rather play in a casino that doesn't claim they have 0%edge but is transparent that a site that advertises no house edge but has a lot of undisclosed factors

Red-Apple

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Quote from: serjent05 on March 15, 2017, 08:49:55 AM

Lol, 0% house edge means the house have no advantage. It is like we are rolling in a 50/50 possibility. So I do not think that you will lose at the end of the day. There is a big possibility that you will win unlike those with % house edge.

i wouldn't be so sure about that if i were you!
the 1% house edge is not really changing the balance of win/lose . Check the chance percentages next time you bet and you can see it is 49.5 or something around that number based on the house edge.

it is an edge but a small edge.

and besides most gamblers are losing money because they are either greedy to don't know when to quit so they still lose at the end of the day.

shanem

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Of course, everyone likes 0% house edge casino games. It means the house and you have an equal chance of winning the game. However, no casinos would offer games that come with zero edge as it means that they would have no profit while having expenses to pay for.

serjent05

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Quote from: yueno on March 14, 2017, 09:05:39 PM

No i dont like it because it will lost you at the end of the day. So it is better if you go for gamble that it clicking the box only just like satoshimines. Because it is easy to win in that you are not losing pants on that game. And your money will grow.

Lol, 0% house edge means the house have no advantage. It is like we are rolling in a 50/50 possibility. So I do not think that you will lose at the end of the day. There is a big possibility that you will win unlike those with % house edge.

Quote from: kolloh on March 15, 2017, 08:33:32 AM

A 0% edge casino wouldn't be sustainable unless its a PVP game and there is no house. It is certainly attractive to players but I think an edge of some sort would be required for the casino to stick around.

Well it has not been tested yet whether a Casino with 0% house edge is none sustainable. I think we have to watch this ICO Casino that has no house edge when it operates.

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A 0% edge casino wouldn't be sustainable unless its a PVP game and there is no house. It is certainly attractive to players but I think an edge of some sort would be required for the casino to stick around.

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Quote from: yueno on March 14, 2017, 09:05:39 PM

No i dont like it because it will lost you at the end of the day. So it is better if you go for gamble that it clicking the box only just like satoshimines. Because it is easy to win in that you are not losing pants on that game. And your money will grow.

What? No your money will not grow. You have a statistically disadvantage that will make it impossible to win...
Good for you if you earn money on satoshimines
But don't say "your money will grow" by playing there...
It won't happen.

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Quote from: bhadz on March 14, 2017, 11:43:28 PM

If that will be implemented by those reputable casino then I will certainly love it and will keep on using those gambling sites. But with what op had mentioned about edgeless.io casino it is still a brand new and still it has a running ICO. So maybe they are going to use those people that will invest to them as their bankroll for operation with this 0% house edge.

Edgeless actually used the fund raised to their ICO for the bankroll of their Casino since they are new and still developing, See the Ann thread of the edgeless here: https://bitcointalksearch.org/topic/m.18177883 so that you know more about edgeless. And i'm certain that OP created this thread because he was curious about on how 0% house edge casino will work. We can see the result after the ICO and observe what will be the reaction of the gamblers to their fresh Casino style

Ziskinberg

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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.

0% house edge games can give us a good chance to win, but that depends on how the site will perform, there are sites that has bigger edge like 1% normally but they are still popular in the community or the gambling industry. The experience of gamblers are more important as some do not just play solely for profit but they still want to treasure the fun. Edgeless casino were able to attract investors but let's see if they can make a difference, too early to tell yet.

bhadz

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If that will be implemented by those reputable casino then I will certainly love it and will keep on using those gambling sites. But with what op had mentioned about edgeless.io casino it is still a brand new and still it has a running ICO. So maybe they are going to use those people that will invest to them as their bankroll for operation with this 0% house edge.

s0nicwall

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Yes, however like most people here I wouldn't be playing at a brand-new casino (particularly one with a brand-new coin).. We have already seen how these go down in weeks and even if the website is working the coin might be worthless. You are making a double gamble here both using the website (and gambling) and by investing in that altcoin.

yueno

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Yueno

No i dont like it because it will lost you at the end of the day. So it is better if you go for gamble that it clicking the box only just like satoshimines. Because it is easy to win in that you are not losing pants on that game. And your money will grow.

blockman

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Quote from: uneng on March 14, 2017, 08:13:21 PM

A casino with 0% house edge could be done by an owner that doesn't want to have profit from this and want to see the players winning more profit from their bets. I don't know if the casino can survive working with 0% edge, but it's nice for us players.
Casinos should make some promos, like one day of the week the house edge is 0%, on the next day the house edge back to normal.

It is truly nice for all of us who just gamble around and jumps off to the casino's that gives the favor for their gamblers. But with this matter, I'm sure that many will doubt that it can it take long. Maybe it can run for a couple of months with 0% house edge but in the end. They will inform their players that they need to adjust it to 0.5% house edge for their maintenance and other fees.

uneng

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A casino with 0% house edge could be done by an owner that doesn't want to have profit from this and want to see the players winning more profit from their bets. I don't know if the casino can survive working with 0% edge, but it's nice for us players.
Casinos should make some promos, like one day of the week the house edge is 0%, on the next day the house edge back to normal.

BitMaxz

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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.

The thread looks an old thread made on december 2016
And i think according to other comments The ico edgeless 5 days left before ICO ends. Well like other said many people are looking for casino games without house edge.. and this is the time that we will see a casino without house edge.
And i think this is just for marketing or promotion purposes just to push they ICO.. And i think that casino will not stay for too long.. so beware..

maydna

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if the gambling site with 0% house edge, then we should be prepare to see the short run of the sites because with 0% house edge, it means the house can not maintain their site with properly and they can not expecting more profit from this. there are no gambling site with 0% of house edge and its not good if they do this because its about their business for long term. but if they are decide to make 0% house edge, then we can see what will happen later and we can hope that the site will run for longer time.

mrcash02

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Players will like it, but casino investors and casino owners won't like it as they won't have any profit from this kind of casino. The house edge is what makes the game work and to have a decent bankroll that cover the whales big wins. Without house edge a casino would be dryed fast and go to bankruptcy very soon.

tabas

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Who on Earth will not like a casino that 0% house edge. But what will be the possible source of their income and how they can cover up their expenses if they are going to be like that service. They need it and believe me gamblers today are wise enough to support and choose the casino's that they want to gamble and stay.

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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: 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.

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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.

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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.

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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: 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.

jtipt

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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.

Red-Apple

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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

sorry but i don't get it, i checked the ANN too but are you advertising an altcoin ICO in this board!

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.

the answer is an obvious yes

everybody likes to have all the edges they can get when it comes to gambling, it is already as hard as it gets to win and even a very tiny difference in chances can change your luck.
but i always also prefer a good casino, that is also reputable and safe to play at not new casinos. although if they are offering any free giveaways i will surely give them a chance.

dunfida

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This site would go down for sure 0% house edge is good but same as other members of this forum said how the casino owner would sustain the expenses on his site because he cant make any profits on its players which means this wont last for long term or maybe this is just on temporary basis.

BossMacko

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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.

EdenHazard

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Quote from: ERossin on March 14, 2017, 07:01:28 AM

Quote from: oaks05 on March 14, 2017, 06:22:46 AM

They rely on the players that dont know good strategy on there games egdeless should be releasing in the next couple weeks well there beta bj at least

you are right. This platform will make an impression for who is playing on online casino so This project will attract more investors relative to gambling.

i don't really get it , edgeless means the casino won't take profit from the game? as a lot of people said above they will take fee for every single bet as their casino profit? not something new i guess? there a lot of gambling site practiced this since long time ago.

and most of them gone , can not survive because of lack interest.

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Quote from: oaks05 on March 14, 2017, 06:22:46 AM

They rely on the players that dont know good strategy on there games egdeless should be releasing in the next couple weeks well there beta bj at least

you are right. This platform will make an impression for who is playing on online casino so This project will attract more investors relative to gambling.

boyptc

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Of course most of the gambler loves to gamble with 0% house edge. And it's look like you are endorsing your signature campaign here, maybe it's better if they are going to offer bitcoins too. 0% house edge is a relief to all of house that are having headache with the fees that we are being charged when we withdraw.

oaks05

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They rely on the players that dont know good strategy on there games egdeless should be releasing in the next couple weeks well there beta bj at least

Ayers

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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?

oaks05

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A casino can lose alot of money with no edge but im def still intrigued by edgeless i see alot of people gamble that have no clue what they r doing

RichDaniel

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

milewilda

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