Topic: ---🌟🌟🌟 EDGELESS CASINO 🌟🌟🌟--- 0% House Edge, Full transparency | Try beta! (Read 1827 times)

-> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.

I can agree your sportbetting concept here because it is based on PvP so I think it only cost some fee per game so you might be profit from this. But for imperfect play? What does it really mean here? How can people make an imperfect play here and as I know here every blackjack games will be the same because they sure have huge house edge to get profit from players. And how do players make mistake here? I do not think that players intentionally make any misyake during games

Internet is full of charts how to play a perfect blackjack. Like this one: https://wizardofodds.com/blackjack/images/bj_4d_h17.gif
But the problem is that will make you playing like a bot and it's getting boring and more boring.

Imperfect play mean when your chart is saying for example to hit, but you've decided to stand. This makes the profit of Edgeless. And there aren't many players who will strictly follow the charts. So they will not bankrupt

I do not think that it is really good way just to follow some chart. And that is not a perfect chart as I can say because there is house edge so you might somehow lost in the condition like you mentioned on the list. It is not as always win just by following the list there.

Btw how can you so sure if we follow that list we will be profit for sure? There is no guarantee that we will always get our profit right?

BigBoy89

legendary

Activity: 1512

Merit: 1011

Quote from: BTCevo on June 20, 2017, 12:36:08 AM

Quote from: scambust on June 30, 2017, 04:00:34 PM

Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper :) -> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.

I can agree your sportbetting concept here because it is based on PvP so I think it only cost some fee per game so you might be profit from this. But for imperfect play? What does it really mean here? How can people make an imperfect play here and as I know here every blackjack games will be the same because they sure have huge house edge to get profit from players. And how do players make mistake here? I do not think that players intentionally make any misyake during games

Internet is full of charts how to play a perfect blackjack. Like this one: https://wizardofodds.com/blackjack/images/bj_4d_h17.gif
But the problem is that will make you playing like a bot and it's getting boring and more boring.

Imperfect play mean when your chart is saying for example to hit, but you've decided to stand. This makes the profit of Edgeless. And there aren't many players who will strictly follow the charts. So they will not bankrupt :)

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

How much do you think the average gross monthly income will be? I know for a fact Bitcoin gambling casinos are making a killing, especially during this bull run.

Let them start functioning properly and then we can access the average gross income,it is one of the successful projects recently and a edgeless casino will attract many people without a doubt,more the people coming and playing with them,more the profit they are going to make.

and what is more important is the privacy factor as they promise full anonymity.

scambust

legendary

Activity: 1652

Merit: 1007

Quote from: Edgeless on June 30, 2017, 02:42:40 AM

Quote from: gentlem3n on June 29, 2017, 11:06:42 AM

So, is this edgeless casino provability fair and the odds confirmed to be 0.

A side question, How are the site's operational costs paid? if there's no edge, any fees on bet/withdrawal/deposit? Or is the website gambling with the player?

profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

How much do you think the average gross monthly income will be? I know for a fact Bitcoin gambling casinos are making a killing, especially during this bull run.

Chin Cheng

sr. member

Activity: 255

Merit: 250

Really cool to see a new platform coming out and that too after a successful public offer,i like the transparency part and the zero percent house edge,when can we expect the launch and we have a gambling site dedicated to ETH,can we expect you to add more coins at a later stage.

needmoney

legendary

Activity: 1848

Merit: 1023

I am a good bro

Guys, are you planning on a alternative solution to Ethereum fees? The fees right now are crazy for blackjack beta and given its blockchain was not stable during the latest ICOs, perhaps you should at least have a back up plan incase thing go wrong.

I would also like to know the exact dates of launch.

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

I am not sure how the casino is going to earn with a 0% house edge since there is no advantage against the players, but I guess in order to compete with other bigger gambling sites that was launched way more earlier, some casino might have to offer something different in order to attract customers to gamble at their site, and a casino with 0% house edge does looks interesting

Dogedigital

legendary

Activity: 1330

Merit: 1000

Congratulations on the success so far.

Can you point me to the public contract that's being used power the game engine?

Edgeless

full member

Activity: 304

Merit: 100

Quote from: gentlem3n on June 29, 2017, 11:06:42 AM

So, is this edgeless casino provability fair and the odds confirmed to be 0.

A side question, How are the site's operational costs paid? if there's no edge, any fees on bet/withdrawal/deposit? Or is the website gambling with the player?

profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

piloder

legendary

Activity: 966

Merit: 1006

Quote from: gentlem3n on June 29, 2017, 11:06:42 AM

So, is this edgeless casino provability fair and the odds confirmed to be 0.

A side question, How are the site's operational costs paid? if there's no edge, any fees on bet/withdrawal/deposit? Or is the website gambling with the player?

You can try their beta version to find out this yourself, yes it is provably fair. Odds confirmed to be 0 Huh

Actually edgeless have collected really nice amount of funds during their ICO and I think that can easily cover all its operational cost.

gentlem3n

newbie

Activity: 41

Merit: 0

So, is this edgeless casino provability fair and the odds confirmed to be 0.

A side question, How are the site's operational costs paid? if there's no edge, any fees on bet/withdrawal/deposit? Or is the website gambling with the player?

scambust

legendary

Activity: 1652

Merit: 1007

Quote from: Edgeless on June 19, 2017, 07:29:32 AM

We will be using the client’s seed and our own seed to generate randomness. The main difference with Bitcoin Casinos will be that users will know our hashed (SHA512) seed before betting and before generating their own client seeds. Because of that there is no way for us to alter the results.

This is the key element if one is to believe that there's zero edge.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: AmoreJaz on June 28, 2017, 08:53:13 PM

Quote from: adaseb on June 28, 2017, 06:04:12 PM

Wow! Finally its getting launched. Been waiting for this a long time.

If this succeeds then I guess there will be a new term to "Fair online gambling". No more having to worry about if a casino actually is provably fair or getting your funds locked on someone's website.

time will tell if this EDGE-LESS will work or not! but one of the main issues is the honesty of the providers! sure the edge-less is awesome but if the Devs decide to grab n go then EDGE-LESS becomes Pointless! lets hope all goes well and things dont end up as usual !

If providers wont really create such problem then it wouldreally be nice and Edgeless will really gain popularity when it comes to 0% houseedge which is really a rare thing on this gambling world and if they sustain this then i guess many will surely switch out. Even I would really love to play on a 0% HE ive been clearly convinced myself how the site earns or owners of it and its been mentioned above.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: adaseb on June 28, 2017, 06:04:12 PM

Wow! Finally its getting launched. Been waiting for this a long time.

If this succeeds then I guess there will be a new term to "Fair online gambling". No more having to worry about if a casino actually is provably fair or getting your funds locked on someone's website.

time will tell if this EDGE-LESS will work or not! but one of the main issues is the honesty of the providers! sure the edge-less is awesome but if the Devs decide to grab n go then EDGE-LESS becomes Pointless! lets hope all goes well and things dont end up as usual !

adaseb

legendary

Activity: 3808

Merit: 1723

Wow! Finally its getting launched. Been waiting for this a long time.

If this succeeds then I guess there will be a new term to "Fair online gambling". No more having to worry about if a casino actually is provably fair or getting your funds locked on someone's website.

game-protect

hero member

Activity: 1344

Merit: 507

I see bad times coming for shady online casinos! Go go go and good luck!

LostWords

full member

Activity: 280

Merit: 101

Wow, this is really cool and sounds so good it's almost unebelievable good! Site looks good, concept is good and it's a very comforting thought that you only profit as a casino by mistakes of players and not manipulating them. Will keep an eye on it.

newIndia

legendary

Activity: 2226

Merit: 1052

I read the whitepaper. But, could not understand one thing. If the house is wiped out by bettors, who'll pay for the next bettor?

Moreover, your external sources of randomness are defectable.

FrueGreads

legendary

Activity: 1582

Merit: 1059

I saw your gambling list, and I wonder how you can increase it. You are correct about blackjack and videopoker, players make mistakes, but that's why there are a lot of lists that tell you what you should do.

If I understood correctly you do have edge on dice, and I believe you will have to put edge on roulette etc, because you just can't play wrong there, because there is not strategy involved in it.

So what will you do with games like this, and how do you intend to increase your game offer?

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: BTCevo on June 20, 2017, 12:36:08 AM

-> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.

I can agree your sportbetting concept here because it is based on PvP so I think it only cost some fee per game so you might be profit from this. But for imperfect play? What does it really mean here? How can people make an imperfect play here and as I know here every blackjack games will be the same because they sure have huge house edge to get profit from players. And how do players make mistake here? I do not think that players intentionally make any misyake during games

Nobody is perfect dont worry about edgeless profit,it is enough to look bittrex,invrestors are not worry about edg profit,come and try,edg will not cheat you,everything will be visible in blockchain,all will be maneged by smart contracts

BTCevo

legendary

Activity: 1834

Merit: 1008

-> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.

I can agree your sportbetting concept here because it is based on PvP so I think it only cost some fee per game so you might be profit from this. But for imperfect play? What does it really mean here? How can people make an imperfect play here and as I know here every blackjack games will be the same because they sure have huge house edge to get profit from players. And how do players make mistake here? I do not think that players intentionally make any misyake during games

Edgeless

full member

Activity: 304

Merit: 100

Quote from: audaciousbeing on June 19, 2017, 07:07:48 AM

My question is simple which I am sure a lot of people would want clarification. With 0% edge how does the site intends to meet its own running costs such as maintaining the site, pay administrators, carry out advertisement, update security infrastructures among other incidental costs associated with running a gambling site?

The answer was provided few messages ago. There is an edge from members mistake, but also we will have additional games, that will have edge like DICE, that you could not even have without edge because they do not require any real skills. Also, from sports betting as mentioned before.

Quote from: angrybirdy on June 19, 2017, 06:57:16 AM

Sorry I have not read the white paper, but will there be a 3rd party so we will be able to verify the results? Because if you will just depend on players mistake, how would we know that plays are not manipulated.?

Edgeless casino will be built on the Ethereum blockchain. All of the key operations will be regulated by smart contracts, giving users a fully transparent experience.
We will be using the client’s seed and our own seed to generate randomness. The main difference with Bitcoin Casinos will be that users will know our hashed (SHA512) seed before betting and before generating their own client seeds. Because of that there is no way for us to alter the results.

audaciousbeing

hero member

Activity: 1330

Merit: 569

My question is simple which I am sure a lot of people would want clarification. With 0% edge how does the site intends to meet its own running costs such as maintaining the site, pay administrators, carry out advertisement, update security infrastructures among other incidental costs associated with running a gambling site?

angrybirdy

sr. member

Activity: 1022

Merit: 277

★Bitvest.io★ Play Plinko or Invest!

Sorry I have not read the white paper, but will there be a 3rd party so we will be able to verify the results? Because if you will just depend on players mistake, how would we know that plays are not manipulated.?

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

many many years ago when almost the only fun P2P games were on yahoo games... i lloved playing a few... but when they introduced the game scripts to win each and every time using only the script calculator to assure no mistakes were made by the house then it became very boring and i didnt play any more... so if there is no house edge and playing against scripts and losing whatever currency played with then no ... NO
give me a nice house edge and let me gain when its time for me to win but not against a computer programmed to take my money!

Edgeless

full member

Activity: 304

Merit: 100

-> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.

klf

legendary

Activity: 1344

Merit: 1000