Pages:
Author

Topic: Where are 0% house edge dice games at ? (Read 731 times)

sr. member
Activity: 1918
Merit: 370
April 23, 2021, 06:49:07 PM
#79
I don't think it's going to be healthy for the casino to implement a 0% house edge rule, since it is where the house truly profits. If they would, I'm pretty sure that it will only be for a set period of time and not all throughout the gambling house's operation. Instead of looking for sites like these and risking yourself from scammers, just put your money on established sites which guarantees that you'll get your profit.
hero member
Activity: 2968
Merit: 687
April 23, 2021, 03:44:41 PM
#78
Heads up to anyone who finds this thread, Lateplays has zero house edge dicing and coin flips!

Thread: https://bitcointalksearch.org/topic/new-lateplayscom-zero-house-edge-dice-coin-flip-instant-withdraw-5331298
You don't need to bump up this old thread that had been inactive for long months already and since you had created your ANN thread then that should be enough.

Just want to ask on how long you would decide to make this 0% house edge? Its impossible for it to go in longer because making profits is one of the main reason
on why you build up this business.  Tongue

Seen these 0% HE in the past but those are just on temporary basis.
newbie
Activity: 11
Merit: 0
April 23, 2021, 03:37:06 PM
#77
Heads up to anyone who finds this thread, Lateplays has zero house edge dicing and coin flips!

Thread: https://bitcointalksearch.org/topic/new-lateplayscom-zero-house-edge-dice-coin-flip-instant-withdraw-5331298
member
Activity: 206
Merit: 10
September 05, 2020, 03:29:37 PM
#76
Just to inform everyone, as a promotional offer after our re-launch, Chain-Bet.com is now operating on 0% House Edge.
jr. member
Activity: 70
Merit: 2
Fuck the system.
October 17, 2019, 09:22:51 AM
#75
Time to give the gambling power back into the people's hands !BTC

couldn't agree more, we are working on that Smiley

Please read our thread at gambling with the red balls ;P
hero member
Activity: 1372
Merit: 512
October 17, 2019, 02:35:10 AM
#74
Time to give the gambling power back into the people's hands !BTC
I am waiting for you to start a gambling site to give the power to the players and i think that you will be having a trillion dollar with you before starting a gambling site to give out free money to the players  Roll Eyes Tongue. People are starting business to make a profit and not to give out free money for people, money is not grown in trees and if you understand that basic you will not dream about something like this.

lol correct. A lot of people think gambling sites are philanthropic institution but it's just their business earning money.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
October 16, 2019, 06:15:09 PM
#73
The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.
I've never seen any dice game that doesn't have any house edge since that is not how the game supposedly works. Dice game should always have the middle man and that middle man is their opponent in which peer to peer won't work since it's not a one to one type of game. Peer to peer gambling is applicable I think only for betting such as sportsbetting since you only need to find another person who bets against your bet, otherwise it won't work.
hero member
Activity: 1426
Merit: 506
October 16, 2019, 02:52:36 PM
#72
Time to give the gambling power back into the people's hands !BTC
I am waiting for you to start a gambling site to give the power to the players and i think that you will be having a trillion dollar with you before starting a gambling site to give out free money to the players  Roll Eyes Tongue. People are starting business to make a profit and not to give out free money for people, money is not grown in trees and if you understand that basic you will not dream about something like this.
member
Activity: 546
Merit: 30
October 16, 2019, 02:25:20 PM
#71
The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.

I think, exist a methods, which dice with 0% HE has been proftitable. If dice sell stablecoins for bet and investing in low-risk tools.
legendary
Activity: 3122
Merit: 1140
October 16, 2019, 01:41:17 PM
#70
The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.
We have seen platforms that do offer out that p2p system which its really on 50-50% chance on winning the game but these platforms do only
take advantage neither on the fee or commission anytime a certain user tends to make withdrawals in the site.It would really be just similar to house edge
but its just a normal thing for them to impose such deduction because just like on what majority are saying here that a site wont last if they dont able
to compensate the spendings or expenses on maintaining the service.
hero member
Activity: 1666
Merit: 753
October 16, 2019, 01:37:11 PM
#69
The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
October 16, 2019, 01:26:12 PM
#68
Quote
Q: Where are 0% house edge dice games at ?


Ans: In the graveyard.

Actually they are still operational nowadays but only for those sites that makes 0% as a promotion just like this one;



No casino would last if they wont profit out.So they would decide to charge up if they would plan to last even longer.
sr. member
Activity: 910
Merit: 254
October 16, 2019, 02:53:55 AM
#67
Quote
Q: Where are 0% house edge dice games at ?


Ans: In the graveyard.
hero member
Activity: 3052
Merit: 606
October 16, 2019, 02:43:49 AM
#66
Why in the world would any site be 0%? Gambling sites are made to make profit, and if someone told me that their dice site had a 0% house edge, I'd automatically assume that it is a scam

I also think that way, I don't know how a gambling site will survive if there is no house edge, I am not that old in playing gambling, but a house cannot stand without an edge, and besides, running a gambling site and promoting it needs a big funding and house edge is the only to generate funding.

Gamblers do understand that its normal for a dice site to have a house edge, if they don't have an edge, they will not literally play because they know that site could be a scam site and its' not provably fair. Dice sites have been increasing because they see people are enjoying his kind of game, hence it brings profit to the business and people are aware that there is a house edge but they gamble hoping their luck would help them to win.
member
Activity: 546
Merit: 30
October 16, 2019, 02:38:49 AM
#65
Why in the world would any site be 0%? Gambling sites are made to make profit, and if someone told me that their dice site had a 0% house edge, I'd automatically assume that it is a scam

I also think that way, I don't know how a gambling site will survive if there is no house edge, I am not that old in playing gambling, but a house cannot stand without an edge, and besides, running a gambling site and promoting it needs a big funding and house edge is the only to generate funding.

Maybe if dice a tool for promoting cryptocurrency, then it a may exist in long therms? Wink
legendary
Activity: 2450
Merit: 1047
October 16, 2019, 01:02:48 AM
#64
Why in the world would any site be 0%? Gambling sites are made to make profit, and if someone told me that their dice site had a 0% house edge, I'd automatically assume that it is a scam

I also think that way, I don't know how a gambling site will survive if there is no house edge, I am not that old in playing gambling, but a house cannot stand without an edge, and besides, running a gambling site and promoting it needs a big funding and house edge is the only to generate funding.
member
Activity: 546
Merit: 30
October 16, 2019, 12:37:37 AM
#63
Tell me, in 1400 year, moneylender thought about 0% comission of credit? They are gived credit with 4,5% yearly rate. And they dont knew, why credit with 0% comission maybe profitable... But my bank upper my overdraft level without percent in card. Magic? And maybe I make tools which make dice with 0% HE profitable Wink
There's no magic in that, if they don't charge any fee in your credit card then they certainly are profiting on other things. Casinos could change one of their games house edge to 0% if they're very desperate for players, volume, etc. but if they want their casino to last longer they need to at least have games with an house edge or profit somewhere else( like selling ad slots on their site or charging withdraw fees).

I think if dice have a specially coin for betting, it maybe profitable without HE
full member
Activity: 1638
Merit: 122
October 16, 2019, 12:31:03 AM
#62
Casinos could change one of their games house edge to 0% if they're very desperate for players, volume, etc.
i saw someone on gambling board that promotes thier gambling site with a zero house edge .  i forgot thier site name but they said the site was still under construction  . maybe that is thier way of promoting it so that they can expect to get a lot of  costumers but we dont know if they are legit or just only a scam because i dont  see any legit zero house edge gambling site so far that is working properly till today  .

Quote
but if they want their casino to last longer they need to at least have games with an house edge or profit somewhere else( like selling ad slots on their site or charging withdraw fees).
yes  . this is what popular casino/gambling sites are doing .  we can see that they are still alive right now but they still have an average of 1 percent house edge .
legendary
Activity: 3290
Merit: 1901
Shuffle.com
October 16, 2019, 12:14:43 AM
#61
Tell me, in 1400 year, moneylender thought about 0% comission of credit? They are gived credit with 4,5% yearly rate. And they dont knew, why credit with 0% comission maybe profitable... But my bank upper my overdraft level without percent in card. Magic? And maybe I make tools which make dice with 0% HE profitable Wink
There's no magic in that, if they don't charge any fee in your credit card then they certainly are profiting on other things. Casinos could change one of their games house edge to 0% if they're very desperate for players, volume, etc. but if they want their casino to last longer they need to at least have games with an house edge or profit somewhere else( like selling ad slots on their site or charging withdraw fees).
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
October 16, 2019, 12:00:57 AM
#60
The only way you can get 0% house edge is through short term special promotional offers, and possibly with arbitraging opposing bets but that does not pertain to dice games you are inquiring about.

You have to come to terms with the reality that a casino or a website cannot exist as a business / service without a for-profit business model...

Casino's target is to have a profit like it or hate it, the house always win, and I think the 1% house edge is not that bad, if you are just a casual gambler actually that is good because when you go to physical casino's their edge is likely to be more that 1%. The fee is low there's no hassle when you are going to cash-out your money you can play anytime anywhere so I think that is actually good and not that bad. So 1% house edge for me is all good.
Pages:
Jump to: