Friends, who can tell me is there any 0% house edge casinos? - page 2.

Betwrong

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Quote from: MinerHQ on November 14, 2017, 02:05:17 AM

Quote from: 100bitcoin on November 13, 2017, 08:37:43 AM

Quote from: MinerHQ on November 12, 2017, 08:48:39 PM

Quote from: 100bitcoin on November 12, 2017, 04:46:20 PM

Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Chain-Bet.com used to run with 0% on promotional purpose for almost six months. But, it is not 0% house edge anymore...

No casinos can run zero % house edge forever because they need funds to run the business. Maximum only few hours a day or few days they may run zero % house edge game to attract more players to the site. But if they run for a long time then they can't survive in this competitive business.

But, chain-bet.com survived six months with 0% house edge. Then, after gaining attention from enough gamblers, they raised it...

My point also same. No gambling house can run forever with zero percent house edge. It all depends on individual casinos how fast they can attract more players to their site. If they can manage to attract more players within a short time then they will end this promotion faster if not, promotions may be lost long.

I came across a couple of such promotions in the past. It is very effective way to attract gamblers to a new online casino. When they have enough players they stop. I've never heard of casino operating with zero house edge permanently, but I think there is an option to be one. Operating with zero house edge you can attract thousands gamblers to your site and then you can make money on advertisement.

suvo05

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

If some casino is claiming 0% house edge then they are making false statement I think. The casinos earns from the house edge you may find the casinos with less house edge but I don't think you will find any casino without the house edge.

Soranith

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Its better for you to make your research first before you deposit your money with that site, its kinda strange that they offer 0% house edge. And yeah you should try to tell us what casino is that so it would be easy for us to know since there are plenty of them.

noormcs5

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Firstly you should tell the name of this casino, where you met 0% house edge, then definitely we will help you. Only tell us, it is not enough for us to guide you. But as far as i guess no one casino is here where you could play with 0% house edge.
So it is difficult for us to trust you, that you are right telling us or not. But still i will tell you try to test in this casino where 0% house edge then sure you will know about it.

MinerHQ

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Quote from: 100bitcoin on November 13, 2017, 08:37:43 AM

Quote from: MinerHQ on November 12, 2017, 08:48:39 PM

Quote from: 100bitcoin on November 12, 2017, 04:46:20 PM

Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Chain-Bet.com used to run with 0% on promotional purpose for almost six months. But, it is not 0% house edge anymore...

No casinos can run zero % house edge forever because they need funds to run the business. Maximum only few hours a day or few days they may run zero % house edge game to attract more players to the site. But if they run for a long time then they can't survive in this competitive business.

But, chain-bet.com survived six months with 0% house edge. Then, after gaining attention from enough gamblers, they raised it...

My point also same. No gambling house can run forever with zero percent house edge. It all depends on individual casinos how fast they can attract more players to their site. If they can manage to attract more players within a short time then they will end this promotion faster if not, promotions may be lost long.

buwaytress

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Quote from: michkima on November 13, 2017, 04:50:36 AM

There was once a project called edgeless back then, not sure what happened it it. But to contradict everyone here, it is possible to create a casino without any house edge.

Statistically, having no house edge will mean that when the number of games nears infinity it will result to zero (zero profit or loss on both player and casino). However, since casino still have a bet size limit, that expected 0 value will not be achieved. For example, if they have a max 1 btc bet and the gambler uses a regular martin gale system with 0.001 bet and doubles every bet.

0.001
0.002
0.004
0.008
0.016
0.032
0.064
0.128
0.256
0.512
1.000 - Max bet

Which means if the gambler does even win on that 1 btc bet then he is already losing and worse he can't bet higher than 1btc after it in case he loses again. It is not uncommon that a gambler will reach that much losses even at 50% chance to win. The casino will not be as profitable as one with house edge but it will still profit in the long run.

Apt point to be made and given that a lot of people try martingale strategies at risky values, to hit that max bet on features like autobet would take you little over an hour on a 50% (0 edge) chance to win. Set the minimum deposits and withdrawals a bit higher, give wagering bonuses, give faucets and you've got a real recipe to get people to play long and often enough to bust.

But back to 0 house edge casinos, I don't recall one in all my time other than promotional offers from various sites at various times.

But I *do* know that crypto-games.net has had a negative house edge on their lottery games (held every week in several crypto too!). What happens is you buy tickets to the lottery, 100% of ticket proceeds goes to the prize pool, awarded to 3 winners. Then, the house adds 1% to the pool as a bonus.

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Forget about looking to those imaginary casino's that doesn't have house edge or 0% on it. There's no way for them to operate in their future business if they'll just offer their service for free. It's like that they'll only going to profit from the losers and it's risky for them. And if you have found out that there is a 0% house edge casino, don't believe with those as they are suspicious because it's too good to be true.

100bitcoin

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Quote from: MinerHQ on November 12, 2017, 08:48:39 PM

Quote from: 100bitcoin on November 12, 2017, 04:46:20 PM

Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Chain-Bet.com used to run with 0% on promotional purpose for almost six months. But, it is not 0% house edge anymore...

No casinos can run zero % house edge forever because they need funds to run the business. Maximum only few hours a day or few days they may run zero % house edge game to attract more players to the site. But if they run for a long time then they can't survive in this competitive business.

But, chain-bet.com survived six months with 0% house edge. Then, after gaining attention from enough gamblers, they raised it...

ralle14

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There was a moneypot app with a near 0% house edge I can't recall the name of the app I only remember that the bet speed of their app was slow af. Hard to trust a casino without any house edge because they could turn to a scam real quick once they've earned your trust(i've been scammed before once because of a shady promotion).

Quote from: Aleister Crowley on November 13, 2017, 05:19:05 AM

but this way can prove to pay if we use on the game roullete .. and place a bet with odds 3. and set a bet in the same place as you defeat, because home will not continue to get profit .. time pause when installing duplicated truhan also must be very precise, because this is what can guarantee our victory in every gamble against edge house

I'm having a hard time to understand what you're trying to say. On roulette if you bet on all colors most of the time you'll lose.

Aleister Crowley

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Quote from: michkima on November 13, 2017, 04:50:36 AM

0.001
0.002
0.004
0.008
0.016
0.032
0.064
0.128
0.256
0.512
1.000 - Max bet

but this way can prove to pay if we use on the game roullete .. and place a bet with odds 3. and set a bet in the same place as you defeat, because home will not continue to get profit .. time pause when installing duplicated truhan also must be very precise, because this is what can guarantee our victory in every gamble against edge house

michkima

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There was once a project called edgeless back then, not sure what happened it it. But to contradict everyone here, it is possible to create a casino without any house edge.

Statistically, having no house edge will mean that when the number of games nears infinity it will result to zero (zero profit or loss on both player and casino). However, since casino still have a bet size limit, that expected 0 value will not be achieved. For example, if they have a max 1 btc bet and the gambler uses a regular martin gale system with 0.001 bet and doubles every bet.

0.001
0.002
0.004
0.008
0.016
0.032
0.064
0.128
0.256
0.512
1.000 - Max bet

Which means if the gambler does even win on that 1 btc bet then he is already losing and worse he can't bet higher than 1btc after it in case he loses again. It is not uncommon that a gambler will reach that much losses even at 50% chance to win. The casino will not be as profitable as one with house edge but it will still profit in the long run.

crwth

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Probably you should know what to look out for for a possible scam alerts or something. I think there are people who purposely show people that there are too good to be true offers and usually that is scam. I don't know it would depend on the user if they feel something illegal or something.

szpalata

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Quote from: X7 on November 12, 2017, 09:29:00 PM

Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

This could not be true, the games they create are always stacked in their favor.

The house always wins - not... the house always plays fair lol.

They would be out of business otherwise

The house definitely need to run and so they will need to be resourced somehow and so i doubt if there will be a 0% house edge because the casinos are not charitable organizations and they are also there for business.

X7

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

This could not be true, the games they create are always stacked in their favor.

The house always wins - not... the house always plays fair lol.

They would be out of business otherwise

MinerHQ

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Quote from: 100bitcoin on November 12, 2017, 04:46:20 PM

Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Chain-Bet.com used to run with 0% on promotional purpose for almost six months. But, it is not 0% house edge anymore...

No casinos can run zero % house edge forever because they need funds to run the business. Maximum only few hours a day or few days they may run zero % house edge game to attract more players to the site. But if they run for a long time then they can't survive in this competitive business.

izzhinching8

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Pa1n

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There is not a casino with 0% house edge in the world. But if belive you are find , think too much

100bitcoin

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Chain-Bet.com used to run with 0% on promotional purpose for almost six months. But, it is not 0% house edge anymore...

Mike Mayor

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A casino with a 0% house edge cannot sustain itself because it would make no money. The maths behind this is the house will get a % of the eaged amount s if a layer wars 1 BTC and the house edge is 1% then the house makes 0.01 BTC. St 0% it makes nothing and someone might actually even clean the house out. Only a scam site would have 0% house edge. I actually believe they do have a house edge and are just lying about it to get people to play there. Rather play at trusted sites like Yolodice and have no regrets.

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Quote from: beardybear on November 12, 2017, 12:39:16 PM

Hello. I met a casino with 0% house edge. Can I trust them?

Ask yourself how they making profit then, ofc its possible to met casino with 0% H.E it can be on short term as an kind of marketing, but if casino offer 0% H.E. without this then in can be obviously scam.

Topic: Friends, who can tell me is there any 0% house edge casinos? - page 2. (Read 612 times)