to keep dice "on afloat" there exists 1% house edge,to satisfy your "capitalist math"
and this increases dramatically,since not so many gamblers are playing the best way,I have seen many having 5-10% of the total wagered lost
and this increases dramatically,since not so many gamblers are playing the best way,I have seen many having 5-10% of the total wagered lost
I agree, the biggest mistake that people make is to leave when they are losing (or betting much more than they can stand if they face a losing streak). In that way, if you are 10% down, it is supposed that, at long run, you can recover to (at least) that 1% House Edge.
1) Player made 100 bets x $10 = $1000 wagered and unluckily hit a temporarily 10% House Edge = $100 loss.
2) Player continues to play as you advised attempting to reach the 1% House Edge to "recover".
Let us assume player makes another 10000 bets x $10 = $100,000 wagered and reaches the 1% House Edge = $1000 loss.
So even if the player reached the statistical 1% House Edge after 10,000 bets, he still lost $900 more compared to stop playing after he unluckily catched a 10% House Edge.
By "no requirements" I meant that normally they specify the multiplier, the minimum bet, which is 100 satoshi, and sometimes it is required for you to make several consecutive wins to be eligible to enter. But this time they said it themselves in the OP of this promo:
