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Topic: The House always wins. (Read 8252 times)

hero member
Activity: 882
Merit: 500
November 14, 2016, 04:03:42 PM
This is other unseen aspect what is not taken with attention just like loosing players fact. Not every online gambling site always wins there have been many new sites which just entered in bankruptcy as they were having limited resources and lot of people succeed to make money there. There are many thing to be taken in consideration but overall house wins in most cases.
You are right, there were some frequent news about gambling owner's losses with their gambling business. But comparatively when we are competing against a gambling house edge, in my experience I do conclude only gambling house always win. The failure of a gambling site may be comes from improper management like excessive promotions.
hero member
Activity: 1470
Merit: 655
November 14, 2016, 07:59:22 AM
Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

the house HAS TO win. otherwise they will be bankrupt soon. but it means that house is winning overall and in the long run.
in other words it is still gambling and you can enjoy and get lucky sometimes and win. and even sometimes you can use some strategies that improve your overall results and help you win more.
The house always wins seems impossible, otherwise we will always lose. I do not think that should be the proper word to use, in my time with gambling although I am a big loser, but there are times also that I am lucky and I win.

So, it should be the house wins most of the time.

that is right and that is why i said "overall". maybe it wasn't clear enough.
what is happening is that the house has a thousand players each day for example and overall in the end house comes out the winner and this is despite the fact that some players out of the 1000 won and even if a whale wins the house is going to cover it in a week give or take depending on the popularity.
hero member
Activity: 728
Merit: 500
November 14, 2016, 07:41:04 AM
This is other unseen aspect what is not taken with attention just like loosing players fact. Not every online gambling site always wins there have been many new sites which just entered in bankruptcy as they were having limited resources and lot of people succeed to make money there. There are many thing to be taken in consideration but overall house wins in most cases.
legendary
Activity: 1148
Merit: 1006
November 14, 2016, 05:48:48 AM
There is some experiment here about investing in different casino houses.  Among the five 2 of them gives a negative return. An indication that the house does not win all the time.  The negative RoI on this two casino houses forces the one who is conducting an investment experiment to drop the two casino sites and replaced by other Casino houses.

Those two sites what you're comparing is just for last few months results. Did you compare their profit and loss from the launch date of those two sites?

Overall they in profits but only in last few months someone might have own big amount, so they are under loss for this short period. But surely they come back to profit soon or later.
hero member
Activity: 532
Merit: 500
November 14, 2016, 01:48:57 AM

Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.

No there is no 50/50 win chance for both sides if you calculate the bet result in long term than you will see that bigger difference there it maybe like 40/60 in dice game, some players got more than 22 red when they got losing streak so that kind of losing streak give clear advantage to the house.

Yup, the house will not win always. But the house edge profit is high in gambling. There are many gamblers made a huge profit in gambling. And at the present, many sites are running with the loss. If house always wins means how this is possible right. In slot games, the result is controlled by house edge, but in sports betting they don't have any control it's all depend on our luck.
hero member
Activity: 574
Merit: 502
November 14, 2016, 01:40:39 AM
There is some experiment here about investing in different casino houses.  Among the five 2 of them gives a negative return. An indication that the house does not win all the time.  The negative RoI on this two casino houses forces the one who is conducting an investment experiment to drop the two casino sites and replaced by other Casino houses.

I don't know, maybe it's result of bad management or lack of visitors. But in most cases "The House always wins." statement is true.   
legendary
Activity: 2954
Merit: 1153
November 14, 2016, 01:31:52 AM
There is some experiment here about investing in different casino houses.  Among the five 2 of them gives a negative return. An indication that the house does not win all the time.  The negative RoI on this two casino houses forces the one who is conducting an investment experiment to drop the two casino sites and replaced by other Casino houses.
legendary
Activity: 3472
Merit: 10611
November 14, 2016, 12:58:03 AM
You made 0.046 before you lost. If you had just done a 50/50 you would have had a better chance and you would have won 0.056. Because you lost you may as well had done a 50/50 then at least you have half a chance and you save 12 hours .....


AFAIK dice games never be on 50/50 because there is still.house edge which mean you will not have 50% chance on 2x odds, moreover OP play on that freebitco.in, what I do know that their site have higher odds so that means you eill have higher chance to lose rather than winning there
Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.

if what you said is true that means their system is not "provably fair" and that also means that you can easily prove it if you look at your bets and check their hash in the provably fair formula.

and be sure that if something like that was going down on what of these sites, they would have gotten caught already and were exposed because it is easily detectable and proven with easy facts.
hero member
Activity: 714
Merit: 500
November 14, 2016, 12:19:16 AM

Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.

No there is no 50/50 win chance for both sides if you calculate the bet result in long term than you will see that bigger difference there it maybe like 40/60 in dice game, some players got more than 22 red when they got losing streak so that kind of losing streak give clear advantage to the house.
hero member
Activity: 756
Merit: 500
November 13, 2016, 10:20:50 PM
You made 0.046 before you lost. If you had just done a 50/50 you would have had a better chance and you would have won 0.056. Because you lost you may as well had done a 50/50 then at least you have half a chance and you save 12 hours .....


AFAIK dice games never be on 50/50 because there is still.house edge which mean you will not have 50% chance on 2x odds, moreover OP play on that freebitco.in, what I do know that their site have higher odds so that means you eill have higher chance to lose rather than winning there
Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.
It was never a 50/50 chance of winning as the house edge is the difference, most gamblers think that dice gives them equal chances but they failed to check on their long term chances. They will only feel it when they experience gambling and I have not known any person who are successful in dice gambling for the long run.
if you know how to control your emotion and you have good decision making for sure you will change the game because you can make good assessment and you know when to stop when you are in a good edge and when you are really not being lucky you can avoid big loses too,
try to make good research.
hero member
Activity: 2954
Merit: 672
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November 13, 2016, 10:05:19 PM
You made 0.046 before you lost. If you had just done a 50/50 you would have had a better chance and you would have won 0.056. Because you lost you may as well had done a 50/50 then at least you have half a chance and you save 12 hours .....


AFAIK dice games never be on 50/50 because there is still.house edge which mean you will not have 50% chance on 2x odds, moreover OP play on that freebitco.in, what I do know that their site have higher odds so that means you eill have higher chance to lose rather than winning there
Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.
It was never a 50/50 chance of winning as the house edge is the difference, most gamblers think that dice gives them equal chances but they failed to check on their long term chances. They will only feel it when they experience gambling and I have not known any person who are successful in dice gambling for the long run.
legendary
Activity: 1456
Merit: 1023
November 13, 2016, 10:01:32 PM
House doesn't always win but overall wins more often than any individual gambler. There are still people who wins and remain with profit but fact is large majority of gamblers loose against house. I have to see this as I said house wins overall but not always if this was correct then no one was never winning.

As long as gambler player for a longer period on any gambling site then mostly gambling house will win at the end. People who win one or two times on vocationally surely they will come back to the site thinking that they may win again from that site and end up lose back their winnings to the site. So it is most of the time house is going to win money in gambling.
hero member
Activity: 1036
Merit: 514
November 13, 2016, 07:20:34 PM
You made 0.046 before you lost. If you had just done a 50/50 you would have had a better chance and you would have won 0.056. Because you lost you may as well had done a 50/50 then at least you have half a chance and you save 12 hours .....


AFAIK dice games never be on 50/50 because there is still.house edge which mean you will not have 50% chance on 2x odds, moreover OP play on that freebitco.in, what I do know that their site have higher odds so that means you eill have higher chance to lose rather than winning there
Gambling maybe give you 50/50 chance to win but in Dice, hmm I don't think it goes that way.
Every sites have their own script and like OP said, if they decide to screw you it's game over.
No one could always win, moreover in the long run against the house, it had been created like that.
legendary
Activity: 1050
Merit: 1001
November 13, 2016, 07:01:16 PM
House may not win 100% of the time because there is at time someone can win jackpot or super lucky on that day. However, even if you manage to win a huge amount, you will still end up coming back to bet more and eventually lose in the long run.

Well, If you would refer to that scenario then you can really say that the house does not win all the time. But the question there was before the lucky jackpot by a player did the casino already got their profit too?  Wink If so then 100% win-win situation is real.

The jackpot is money lost from gamblers, isnt money from the house is the money that the gamblers has lost that went into the jackpot, atleast i do see those jackpots like those, otherwise house would be at risk, and they arent at all.

That is exactly the point, Of course, defeating the odds doesn't really mean that you defeat it but instead you got it from other gamblers that lose their bets. So in the end house does always wins and there is no point for this to argue.
yeaaa this is pretty obvious that most casino will always in profit.
while most gambler will always ended up in losing instead to get profit as it is has been a law of gambling.
people knew aleady about this but the addiction erase it all.
hero member
Activity: 756
Merit: 501
November 13, 2016, 06:20:53 PM
If you guys can't beat the house then at least join them. There are some few good sites that accept investors with their house edge. I can say I am earning decently on Betking and Crypto-Games. Soon I am considering vDice.io and see if I can get some good return on investments. 
Yours must be a right suggestion in order to have profits. Still, a gambler will not do what he actually prefers.

Joining a gambling house must be an investing way definitely not gambling. Usually gamblers do prefer take risk in entertainment way which must be definitely missing if we are looking only profits by investing into gambling bankrolls.
Sure it should be saw as investing, but we do know that sometimes you may loose a bit on the bankrolls, soo its a gamble because you cant predict the house result, even knowing the house always wins. Soo investing into bankrolls for me looks like gamble as you are putting your coins into risk.
legendary
Activity: 1288
Merit: 1036
November 13, 2016, 02:55:58 PM
If you guys can't beat the house then at least join them. There are some few good sites that accept investors with their house edge. I can say I am earning decently on Betking and Crypto-Games. Soon I am considering vDice.io and see if I can get some good return on investments. 
Yours must be a right suggestion in order to have profits. Still, a gambler will not do what he actually prefers.

Joining a gambling house must be an investing way definitely not gambling. Usually gamblers do prefer take risk in entertainment way which must be definitely missing if we are looking only profits by investing into gambling bankrolls.
hero member
Activity: 910
Merit: 500
November 11, 2016, 12:24:46 PM
House may not win 100% of the time because there is at time someone can win jackpot or super lucky on that day. However, even if you manage to win a huge amount, you will still end up coming back to bet more and eventually lose in the long run.

Well, If you would refer to that scenario then you can really say that the house does not win all the time. But the question there was before the lucky jackpot by a player did the casino already got their profit too?  Wink If so then 100% win-win situation is real.

The jackpot is money lost from gamblers, isnt money from the house is the money that the gamblers has lost that went into the jackpot, atleast i do see those jackpots like those, otherwise house would be at risk, and they arent at all.

That is exactly the point, Of course, defeating the odds doesn't really mean that you defeat it but instead you got it from other gamblers that lose their bets. So in the end house does always wins and there is no point for this to argue.
hero member
Activity: 1050
Merit: 508
November 11, 2016, 12:14:56 PM
If you guys can't beat the house then at least join them. There are some few good sites that accept investors with their house edge. I can say I am earning decently on Betking and Crypto-Games. Soon I am considering vDice.io and see if I can get some good return on investments. 
hero member
Activity: 686
Merit: 500
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November 09, 2016, 02:32:23 PM
-snip

But still  investing  on  casino  or house  itself  is  not safe  at all and you cant be sure to gain profits  on  monthly basis  because there are some times that you wont   gain  nothing at all . If a certain gambling  site  could  able  to generate good profits then  expect good returns too  in  your investments.

This is right, need to research to casino if you want to invest, trusted casino is safe to investing, but its does not rule out the possibility if the site turn into scam, the security system site should be considered too. and don't easy to believe if the house give you % more profit for your investment than other site.

House doesn't always win but overall wins more often than any individual gambler. There are still people who wins and remain with profit but fact is large majority of gamblers loose against house. I have to see this as I said house wins overall but not always if this was correct then no one was never winning.

That's why build a casino is worth(if you not considering where the money come from), and their building is very pretentious.
According to some article over 85% gambler have lost their game and house earn more profit.
hero member
Activity: 714
Merit: 500
November 09, 2016, 10:41:27 AM
House doesn't always win but overall wins more often than any individual gambler. There are still people who wins and remain with profit but fact is large majority of gamblers loose against house. I have to see this as I said house wins overall but not always if this was correct then no one was never winning.
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