Topic: What do you think about Casino with 0% Edge? - page 7. (Read 3751 times)
Casinos with 0% edge are charities in disguise and letting their beneficiaries enjoy aside from giving them free money. No such thing would ever exist since the main goal of casinos is to win over time with their low house edge. Low house edge entices player to play in them but in the long run they tend to win, not to give away money.
i suggest thhey just open donation site instead of casino haha 
You answered only one word, but it is 100% correct. If any site says that they are 0% house edge, then you don't try that site until it become famous and people give good feedback to that site. If you trust them and deposit your money, there is no guarantee that you will get back your money. So be aware of this kind of sites and play safe. 
i suggest thhey just open donation site instead of casino haha
You must aware for bitcoin casino that provide 0% house edge. I'm sure that they need operational fund to keep the site running
But at the end , player also have significant benefit when play on 0 % HE since they can experience major loss too. Just keep aware for the site like this !
But at the end , player also have significant benefit when play on 0 % HE since they can experience major loss too. Just keep aware for the site like this !
I think this is not going to work, mainly because the casino will go broke and will not make profit without a house edge, most casinos are now provably fair and hence they are not cheating and playing really with that house edge and 1% is the minimum that can sustain a casino.
I agree with you, it will be impossible for the casino to survive or even pay winner because they will have nothing for their sustainability and their workers and investment needs to be recovered somehow so a 0% house edge isn't feasible.
I think this is not going to work, mainly because the casino will go broke and will not make profit without a house edge, most casinos are now provably fair and hence they are not cheating and playing really with that house edge and 1% is the minimum that can sustain a casino.
There's chain bet with 0% house edge the only negative side I can see from their game is that they have a fix multiplier of x16 because it's unlikely to win with such multiplier. I think i'll stick with casino's that offers a house edge because it's hard to trust new projects like these.
So how will you get some revenue? I think it is impossible.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
A casino that has 0% will be bankrupt very soon unless they have some other service to offer from their dear gamblers. Advertisement is going to be a one good way of getting revenue but that is not going to be enough to cover every expense. As a 0% edge casino it will attract a lot of visitors and gamblers that will enjoy that perk and make advertising effective.
And if that casino don`t bankrupt in short time then you need to think how they earn all that money to run a casino and make profit,. No one doesn`t like to be cheated in anyway, if you decide to go in some casino you expect that games are provably fair, and that games aren`t rigged. It`s better to have house edge and to play relaxed, if I go to casino I wish to play games and not to think about casino fairness, that thought will just distract me from my playing, and because of that I do not think about casino with 0% edge and I don`t visit that kind of casinos.
Exactly, better to choose those casino's that doesn't implement 0% edge. Because if you are a wise gambler you will have the assurance that the casino will have a support fund or does have something to earn or good source of income and edge is one of it. 0% edge casino's will surely be close at the earliest date of their operation.
Me too, I'm more comfortable to use those casino's that has the percentage of house edge. You will have the confidence if ever you will hit the jackpot they can pay you with it as they have a legit source of income unlike that are impressing people with 0%.
So how will you get some revenue? I think it is impossible.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
A casino that has 0% will be bankrupt very soon unless they have some other service to offer from their dear gamblers. Advertisement is going to be a one good way of getting revenue but that is not going to be enough to cover every expense. As a 0% edge casino it will attract a lot of visitors and gamblers that will enjoy that perk and make advertising effective.
And if that casino don`t bankrupt in short time then you need to think how they earn all that money to run a casino and make profit,. No one doesn`t like to be cheated in anyway, if you decide to go in some casino you expect that games are provably fair, and that games aren`t rigged. It`s better to have house edge and to play relaxed, if I go to casino I wish to play games and not to think about casino fairness, that thought will just distract me from my playing, and because of that I do not think about casino with 0% edge and I don`t visit that kind of casinos.
Exactly, better to choose those casino's that doesn't implement 0% edge. Because if you are a wise gambler you will have the assurance that the casino will have a support fund or does have something to earn or good source of income and edge is one of it. 0% edge casino's will surely be close at the earliest date of their operation.
So how will you get some revenue? I think it is impossible.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
If your site is fair, I think income from ads will not be enough to cover the fee of the site...
Hope you are not planning to take a big fee on withdraw.
A casino that has 0% will be bankrupt very soon unless they have some other service to offer from their dear gamblers. Advertisement is going to be a one good way of getting revenue but that is not going to be enough to cover every expense. As a 0% edge casino it will attract a lot of visitors and gamblers that will enjoy that perk and make advertising effective.
And if that casino don`t bankrupt in short time then you need to think how they earn all that money to run a casino and make profit,. No one doesn`t like to be cheated in anyway, if you decide to go in some casino you expect that games are provably fair, and that games aren`t rigged. It`s better to have house edge and to play relaxed, if I go to casino I wish to play games and not to think about casino fairness, that thought will just distract me from my playing, and because of that I do not think about casino with 0% edge and I don`t visit that kind of casinos.
Exactly, better to choose those casino's that doesn't implement 0% edge. Because if you are a wise gambler you will have the assurance that the casino will have a support fund or does have something to earn or good source of income and edge is one of it. 0% edge casino's will surely be close at the earliest date of their operation.
Wouldn't that be fair like in Edgeless casino where they are having 0% house edge and it is more equal between casino and player.
life isn't fair
and why should it be with no edge here? i mean you are expecting someone to pay a lot of money for servers, designing a website, security of that website and support staff and a lot more just for you to play there and have no edge?
and if you want a 0% edge game then find player versus player games. it can even be dice but i don't know if any place offers it anymore. in those games you have more chance of winning if you have the skills as NLNico also said.
I really think there aren't 0% house edge of a gambling site out there and you are right if there is something that doesn't have a house edge at all how can a gambling site will prosper? and take income from the site? if they really wants to play gambling find a gambling site that have smaller house edge maybe a 5% house edge is good, you can surely have a slighter chance of winning, but I have seen just a 1% house edge that is a higher chance in winning, well you can enjoy the game and even help the people behind this type of site make an income.
If the site is 0% house edge then how they sustain in this gambling world. How can they make a profit and how can they run their website. These are basic questions will come in mind if any casino site says they had 0% house edge. After seeing this questions also you think it is 0% house edge then no one will help you in this matter. You cannot find any 0% house edge casino site.
i think we only need to wait how long will be that site online and run their business. because without any income, then i think its really hard for the site to maintain operations cost and this will give impact for the site itself and if they are not serious to make longer business, then they will only run for short time and after that, they will close their business.
Well Ads certainly have a great contribution why some other gambling sites sustain to have 0% house edge, but it doesn't mean a gambler would always keep his winning streak even with zero house edge gambling would still be risky but a Zero house edge means there would be a simply random pick on the machines or program but yes gamblers would always have a big chance in winning in it, house edge is certainly maintain by a programmer so they can accumulated a sure profit out from the sites. or the program would sure that the site will have an income every time there would be someone playing on the site.
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User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
i think primedice used to offer this and it was pretty fast. i never tried it myself back then. but from what i have read and remember, it was fast. you both went online and you could find people easily who were interested in playing against you and made the bets live.
I understand PD tried only player vs player type for zero house edge but I wonder how it would have become feasible when some player want to roll 50 times against 10 rolls from another gambler.
I guess in near future we are going to have gambling sites which are having zero house edge but with some fixed fees for membership or session fee or high withdraw fee for profits or something like that.
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User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
i think primedice used to offer this and it was pretty fast. i never tried it myself back then. but from what i have read and remember, it was fast. you both went online and you could find people easily who were interested in playing against you and made the bets live.
I just found out about this project of Casino that will be opened and it has 0% Edge and I just thought, seriously, why we pay an edge in online Casinos?
I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.
I really hope this project will work out!
I mean in Traditional Casino they need this Edge money for all the environment and all the feeling, a lot of employees and all the little things they give to us but in Online Casino, we don't get this, so why we need to pay? For them to be rich? Just this idea really annoys me.
I really hope this project will work out!
Zero edge to me is something that is not sustainable no matter how the promoters wants to paint it as the best because the question to be answered will include but not limited to
1. How will the site pay for its hosting?
2. How will it pay the admin of the site?
3. How will it pay for various updates to security infrastructures?
4. Will I be frustrated with ads because the money to meet up all these expenses must come from somewhere.
First read this : https://en.wikipedia.org/wiki/Gambler%27s_ruin
OR if you feel lazy just read this :
Gambler's Ruin
The original meaning is that a persistent gambler who raises his bet to a fixed fraction of bankroll when he wins, but does not reduce it when he loses, will eventually and inevitably go broke, even if he has a positive expected value on each bet.
Another common meaning is that a persistent gambler with finite wealth, playing a fair game (that is, each bet has expected value zero to both sides) will eventually and inevitably go broke against an opponent with infinite wealth. Such a situation can be modeled by a random walk on the real number line. In that context it is provable that the agent will return to his point of origin or go broke and is ruined an infinite number of times if the random walk continues forever.
So theoretically a casino with 0% Edge and big enough Bankroll can still make profit.
The whole concept acts like a hidden House Edge ,i can speculate it is around 0.6-1.0% on dice games.
But such casino for casual players can give them more fun time for their money , not bad heh?
OR if you feel lazy just read this :
Gambler's Ruin
The original meaning is that a persistent gambler who raises his bet to a fixed fraction of bankroll when he wins, but does not reduce it when he loses, will eventually and inevitably go broke, even if he has a positive expected value on each bet.
Another common meaning is that a persistent gambler with finite wealth, playing a fair game (that is, each bet has expected value zero to both sides) will eventually and inevitably go broke against an opponent with infinite wealth. Such a situation can be modeled by a random walk on the real number line. In that context it is provable that the agent will return to his point of origin or go broke and is ruined an infinite number of times if the random walk continues forever.
So theoretically a casino with 0% Edge and big enough Bankroll can still make profit.
The whole concept acts like a hidden House Edge ,i can speculate it is around 0.6-1.0% on dice games.
But such casino for casual players can give them more fun time for their money , not bad heh?
I think that the feasibility of such casinos isn't all that great and players surely want casinos to be able to pay out whatever they win. 1% which most dice websites use isn't all that much but in the long run works for them.
User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
User vs User 0% house edge bets have been tried before in peerbet and were kinda fun. The only downside to me was that it wasn't instant since it worked like an exchange. Users would have to post up requests for other users to agree on the odds and match them.
It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling.
Yes, in that case casino will take rake, like poker sites for example - which is not the case here.But running a site without house edge you can earn on placing ads from other gambling sites if your site becomes popular. PVP casino without any house edge would be a popular site among gamblers because many of them think that it is the house edge what beats them.
What "ad" has to do with house edge? 
There was similar topic few months ago and I am not buying this 0% edge story.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.
It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling.
But running a site without house edge you can earn on placing ads from other gambling sites if your site becomes popular. PVP casino without any house edge would be a popular site among gamblers because many of them think that it is the house edge what beats them.
0% Edge is great if the casino offering it is reliable or even works for a year or so without experiencing issues, no one likes paying a house edge but have to due to the needs and costs of the casino itself.
There was similar topic few months ago and I am not buying this 0% edge story.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.
It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling.
But running a site without house edge you can earn on placing ads from other gambling sites if your site becomes popular. PVP casino without any house edge would be a popular site among gamblers because many of them think that it is the house edge what beats them.
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