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Topic: What are the dice sites with the lowest house edge? (Read 2976 times)

legendary
Activity: 2296
Merit: 1031
As people said there are some dice sites that are new here with encredibly low edge.
However I suggest sticking with the old and trusted ones.
Most of them run with a reasonable 1% edge!

The most important thing isn't really house edge.  The most important thing is being responsible and managing your money in a mature way.  Gambling, for most people, is an entertainment but since it's real money you need to be careful.  Professional gamblers are a whole other story but many of the same rules still apply.  Only gamble what you can afford to lose.  If you stick to a good plan, you are more likely to keep at least some of your money and if you are lucky you could do even better.
member
Activity: 88
Merit: 10
As people said there are some dice sites that are new here with encredibly low edge.
However I suggest sticking with the old and trusted ones.
Most of them run with a reasonable 1% edge!
legendary
Activity: 3500
Merit: 1354
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net


i can tell your dice is pretty good, got nice profit there lol

why don't you post your moneypot stats of the quantum dice win? this would give more trust regarding your statement > got nice profit there


Sometimes people tend to keep their profit in gambling as a privacy. Of course no one knows what he said is true or not unless he share his moneypot account's username.


PvP
member
Activity: 102
Merit: 10
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



i can tell your dice is pretty good, got nice profit there lol

why don't you post your moneypot stats of the quantum dice win? this would give more trust regarding your statement > got nice profit there
newbie
Activity: 56
Merit: 0
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



i can tell your dice is pretty good, got nice profit there lol

Yeah, nice rolls Wink But play it safe, the negative EV always catch up eventually
legendary
Activity: 1218
Merit: 1000
if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Cheesy

Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me.
Check this mate, panjul07 has posted it before . http://wizardofodds.com/gambling/house-edge/

thanks mate cant belive I missed that one I learnt some things myself about house edges etc from the site lol its concise and accurate and will get you on track to knowing your dice site inside out Cheesy
full member
Activity: 560
Merit: 100
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



i can tell your dice is pretty good, got nice profit there lol
sr. member
Activity: 577
Merit: 283
if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Cheesy

Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me.
Check this mate, panjul07 has posted it before . http://wizardofodds.com/gambling/house-edge/
legendary
Activity: 1218
Merit: 1000
hmm there are no real guides out there explaining all this but talking to a dice site operator like dooglus will get everything cleared up and I'm sure hes willing to help you mate Cheesy
legendary
Activity: 1722
Merit: 1014
if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Cheesy

Is there any guide or tutorials to learn all the things about it like any thread on forum or any site . Please post the link of that here or pm it to me.
legendary
Activity: 1218
Merit: 1000
if the house edge is 0 you are just more likely to break even eventually lol but winning is all dependent on your luck and the laws of probability mate Cheesy
legendary
Activity: 1722
Merit: 1014
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



Means if the house edge is 0% , the winning chances are 50 % ?

What does it mean. Please explain me more.

the edge is the % chance the player will lose automaticallym regardless of the outcome. example: on the old moneybot, what is not bustabit, the house edge was 1%. there was a 1% chance that the game would immediately end. in a dice site, a 1% edge translates into a 49.5% chance to win 2x. in between 49.5 and 50.5, a player cannot win; they lose automatically due to the edge.

Now I understand whole things.  Player winnings are totally depend on the casinos house edge. If the house edge is 0% player can win from that casino. Is it correct.?
legendary
Activity: 1288
Merit: 1043
:^)
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



Means if the house edge is 0% , the winning chances are 50 % ?

What does it mean. Please explain me more.

the edge is the % chance the player will lose automaticallym regardless of the outcome. example: on the old moneybot, what is not bustabit, the house edge was 1%. there was a 1% chance that the game would immediately end. in a dice site, a 1% edge translates into a 49.5% chance to win 2x. in between 49.5 and 50.5, a player cannot win; they lose automatically due to the edge.
legendary
Activity: 1722
Merit: 1014
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net



Means if the house edge is 0% , the winning chances are 50 % ?

What does it mean. Please explain me more.

Though I am a gambling, but I don't have this knowledge of house edges clearly.
legendary
Activity: 3500
Merit: 1354
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

Here you go to learn about house edge of casinos http://wizardofodds.com/gambling/house-edge/
newbie
Activity: 56
Merit: 0
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.

A truly fair game with 0% house edge would be a game which offers you 50% chance for winning 2x your wager amount.

But this is not feasible as this will mean 0 profit for the casino. Hence most casino adopt a 1% house edge.

What this mean is that for the same game above but with a house edge of 1.0%, the player has only 49.50% chance of winning. Look further up this thread for my explanation on how to count the house edge.

With that being said, at quantum dice we offer a variable house edge which varies from as low as 0.01% to a maximum of 1.0%. I do believe we offer one of the lowest edge at the moment.

Come play at http://qdice.net

legendary
Activity: 1722
Merit: 1014
Still, I didn't came to know , what is mean by house edges of these casinos, dice sites etc.
legendary
Activity: 1288
Merit: 1043
:^)
999dice is the lowest house edge site i know

but i haven't heard any good feedback about 999dice especially recently nothing is good about that site.
and it is always better to do some research before investing any website rather than losing your money there and then complain about losing a lot on a rigged site.

it was proven some time ago that 999dice is not provably fair, ie rigged. the low house edge is just to attract players; there no reason for anyone to be playing there.
legendary
Activity: 3472
Merit: 10611
999dice is the lowest house edge site i know

but i haven't heard any good feedback about 999dice especially recently nothing is good about that site.
and it is always better to do some research before investing any website rather than losing your money there and then complain about losing a lot on a rigged site.
newbie
Activity: 56
Merit: 0
You shouldn't just gamble on the site with the lowest house edge
because there are many scam sites around.

Look up some trusted feedback before risking money!

yeah but since most of people here are talking about quantumdice so it's all ok
this site is powered by moneypot , unlike the scamming 999dice , so I agree people should do some research even if they found a site with a low house edge

Yeah thanks for the clarification SyGambler

Quantum Dice is merely a client, we only provide the means to place your bet against the MoneyPot bankroll.
All bets are processed by MoneyPot(built by the same team behind BustaBit). The staffs are outstanding members of the bitcoin community too.

So in summary, we have no means of rigging your bets, everything is transparent.

But as always, only deposit what you are willing to lose, even if the site is reputable.


can anybody please answer me this

what is the formula that calculates the winning chance with the house edge?


Say you are playing a dice game with 50% chance of winning for 2x profit.
To give the casino an edge, your chance of winning would have to be lowered by the house edge.
Say the house edge is 50%, hence your final winning chance is 50% - (50% x 1.0%) = 49.50%.

As for Quantum Dice, our house edge is a variable house edge regardless of the bet size or wager size. It randomly varies from 0.01% to 1.0% on each bet. So it really comes down to your luck.


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