Which gambling sites have 0% house edge? - page 18.

BTCLovingDude

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Quote from: kotwica666 on October 12, 2016, 11:44:17 AM

Quote from: abel1337 on October 12, 2016, 11:28:02 AM

Quote from: Icathia on October 12, 2016, 11:12:14 AM

Quote from: DavidoAlto on October 12, 2016, 10:31:52 AM

There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..

You are fully right about this, there are no gambling websites with an 0 percent house edge because they than simply would never make profit or money to build up their empire.

I think its possible for a gambling site to have 0 percent house edge temporarily for just welcoming for testers and players to try their gambling site, But it will not stay 0 percent permanently. The Website aint cheap. They need also a profit thats why house edge is created.

Yep, it is true when we talk about casinos. 0% house edge means that casino is working without earnings (for free). Betting sites can work on a bit different principles, and that also is gambling Wink

They can earn from differences of odds (kind of arbitrage) and in this way they can work with 0% house edge.

well this part is not right at all.

you know that casinos are earning from the money that people are losing in their sites. it is not like an exchange service that takes a percentage out of anything that you do.

so whether house edge is 0% or 1% or in between, the house is still earning money because people will lose, the only difference is that the odds are even between the house and the player.

kotwica666

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Quote from: abel1337 on October 12, 2016, 11:28:02 AM

Quote from: Icathia on October 12, 2016, 11:12:14 AM

Quote from: DavidoAlto on October 12, 2016, 10:31:52 AM

There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..

You are fully right about this, there are no gambling websites with an 0 percent house edge because they than simply would never make profit or money to build up their empire.

I think its possible for a gambling site to have 0 percent house edge temporarily for just welcoming for testers and players to try their gambling site, But it will not stay 0 percent permanently. The Website aint cheap. They need also a profit thats why house edge is created.

Yep, it is true when we talk about casinos. 0% house edge means that casino is working without earnings (for free). Betting sites can work on a bit different principles, and that also is gambling Wink

They can earn from differences of odds (kind of arbitrage) and in this way they can work with 0% house edge.

Docnaster

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Quote from: DutchDemon on October 01, 2016, 04:03:05 PM

BitcoinBetting.website has 0% house edge.

Lol this you just edited your post Tongue

but yes it's 0% house edge but it's really hard to win, If you I already visit the site and i saw lots of user send so much bitcoin just wasting money for nothing you need there is luck too, And if gambling website offered 0 % house edge there will be win in everybody Cool

abel1337

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Quote from: Icathia on October 12, 2016, 11:12:14 AM

Quote from: DavidoAlto on October 12, 2016, 10:31:52 AM

There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..

You are fully right about this, there are no gambling websites with an 0 percent house edge because they than simply would never make profit or money to build up their empire.

I think its possible for a gambling site to have 0 percent house edge temporarily for just welcoming for testers and players to try their gambling site, But it will not stay 0 percent permanently. The Website aint cheap. They need also a profit thats why house edge is created.

Icathia

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Quote from: DavidoAlto on October 12, 2016, 10:31:52 AM

There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..

You are fully right about this, there are no gambling websites with an 0 percent house edge because they than simply would never make profit or money to build up their empire.

DavidoAlto

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There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..

BitcoinHodler

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Quote from: girlbtc.com on October 12, 2016, 05:51:30 AM

I think www.girlbtc.com is now have -20% house edge

https://bitcointalk.org/index.php?topic=1643861.0;topicseen more details here.

you bet 0.01btc , and actually you just need to risk your 0.008btc (because of the 0.002btc bonus)

but if you win ,you will get 0.01*2+0.002=0.022btc

of course 0.002 btc is nothing for real player. but I am giving out this small amount directly to your btc address to show that I am very serious to this project girlbtc.com

we are talking about a gambling site with 0% house edge not a single time promotion with lots of conditions in order to only take 0.002BTC while risking 0.01+BTC

Liad.Services

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I don't think it really matters if you bet on a site that has 0% house edge or on a site that has 1% house edge, unless you are planning to bet a really high amount or you are planning to bet for a long term.

For your question, as far as I know, the site fairlay.com is a sportsbook or a dice bet site that has 0% house edge, its a peer to peer betting site, and that's probably the reason the site doesn't need to charge anything for using or doesn't need to take any house edge.

But as I said before, if you aren't going to make huge bets, any site that charges a small house edge will be good for your purpose.

adaseb

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Quote from: girlbtc.com on October 12, 2016, 05:51:30 AM

I think www.girlbtc.com is now have -20% house edge

https://bitcointalk.org/index.php?topic=1643861.0;topicseen more details here.

you bet 0.01btc , and actually you just need to risk your 0.008btc (because of the 0.002btc bonus)

but if you win ,you will get 0.01*2+0.002=0.022btc

of course 0.002 btc is nothing for real player. but I am giving out this small amount directly to your btc address to show that I am very serious to this project girlbtc.com

Wow, didn't think it would come to do, negative house edge. I guess its a great inventive to get the gamblers but aren't you worried about cheating bots and everything?

RocketSingh

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Quote from: Yuuto on October 12, 2016, 02:17:29 AM

Bitcoinbetting.website is the one that comes to mind, although the only odds they offer is 16x.

Absolutely Wrong. U may significantly bring down your odds by betting on multiple options at the same time. U have the option to trade-off reward against winning chance. If u bet on multiple options in single Tx, then u may exercise this option.

gabmen

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Quote from: abel1337 on October 12, 2016, 05:14:31 AM

Its rare for a gambling site to see a Zero percent house edge. I think , Zero percent house edge is only happening if a Gambling site has a promo or in opening of a new gambling site. In order to have many players to try their gambling site.

yeah it is and i don't any gambling site would risk not having any house edge just to attract gamblers. possible that there would be minimal house edge but impossible to have 0 percent.

girlbtc.com

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girlbtc.com

I think www.girlbtc.com is now have -20% house edge

https://bitcointalk.org/index.php?topic=1643861.0;topicseen more details here.

you bet 0.01btc , and actually you just need to risk your 0.008btc (because of the 0.002btc bonus)

but if you win ,you will get 0.01*2+0.002=0.022btc

of course 0.002 btc is nothing for real player. but I am giving out this small amount directly to your btc address to show that I am very serious to this project girlbtc.com

abel1337

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Its rare for a gambling site to see a Zero percent house edge. I think , Zero percent house edge is only happening if a Gambling site has a promo or in opening of a new gambling site. In order to have many players to try their gambling site.

Erza

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Quote from: actmyname on October 07, 2016, 10:04:33 PM

Quote from: Erza on October 07, 2016, 09:40:34 PM

Actually it is really hard to understand the different though because this is only affect in a long run and using bot but for some people that only use manual betting and once I dont think that this will really affect them, more over they only use 2x odds

Still wrong. House edge affects you on every bet. If this is not the case, then surely you have no problem with a wager against me with a 49.5% chance of winning, right?

Let me add a little bit of Sorites here now: if a 1% house edge only affects the player in the long run (and not those that use manual betting) then a 2% house edge will also be the same, correct? And if a 2% house edge doesn't affect the player, then a 3% house edge won't affect the player. And so on and so forth until you reach... 100% house edge. But wait? At what point does it affect the player?

When it changes from 0%.

You would rather 0% house edge over 1% house edge. Just like you would rather 1% house edge over 2% house edge. It does not matter whether you play one bet, or ten thousand bets. You would prefer the lower house edge. Why? Because it does affect the RTP.

For every n amount you wager, you should expect a return of n - (n*[house edge]) back.

If you wager $100 at a 1% house edge, you should expect a return of $99 back.
If you wager $100 at a 0% house edge, you should expect a return of $100 back.

Even if these are theoretical and only based on averages, they apply in reality. The trends show, and you can't beat math.

Let me ask you one thing, when you played on 2x multiplier and let say you only make some few bets does this have any effect? I dont think so because I tried it before, i lose not because of the house edge but because of this high low thing, high will be 50.5 and low will be 49.5 and I never hit number between them to win or to lose so how can this math matter?

Nivir

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Quote from: Betwrong on October 12, 2016, 03:10:52 AM

Quote from: rozee on October 12, 2016, 02:15:36 AM

i never see gambling sites which have 0% house edge
the lowest house edge i ever seen is 0.5%
or any other have lowest than that, i dont know
but i think 0% house edge is impossible

It is possible, check what is written in this thread and in some other threads on this forum. People are doing this for promotion mostly, but the world is big and there is almost always a promotion somewhere so theoretically you can always find a site with 0% house edge. Well, not always but pretty often.

Few weeks ago I think I saw someone posting a site that has 0 house edge. I think the site is still new and need further developments like their design. But on reliable sites I think Safedice has the lowest house edge so far.

Betwrong

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Quote from: rozee on October 12, 2016, 02:15:36 AM

i never see gambling sites which have 0% house edge
the lowest house edge i ever seen is 0.5%
or any other have lowest than that, i dont know
but i think 0% house edge is impossible

It is possible, check what is written in this thread and in some other threads on this forum. People are doing this for promotion mostly, but the world is big and there is almost always a promotion somewhere so theoretically you can always find a site with 0% house edge. Well, not always but pretty often.

Herbert2020

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Quote from: rozee on October 12, 2016, 02:15:36 AM

i never see gambling sites which have 0% house edge
but i think 0% house edge is impossible

i guess you missed a lot in gambling then

0% house edge is not impossible and it is happening but it mostly happens as a promotion and mainly in new sites to attract more players or in old sites as a reward for their anniversary for example.

Quote from: Yuuto on October 12, 2016, 02:17:29 AM

Bitcoinbetting.website is the one that comes to mind, although the only odds they offer is 16x.

a .website domain? really!
it seems like the owner of this site was looking for making his site as cheap as possible.

honestly i wouldn't be surprised to find out his hosting plan is also a free plan!
i wouldn't trust this type of sites.

Yuuto

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Bitcoinbetting.website is the one that comes to mind, although the only odds they offer is 16x.

rozee

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i never see gambling sites which have 0% house edge
the lowest house edge i ever seen is 0.5%
or any other have lowest than that, i dont know
but i think 0% house edge is impossible

pooya87

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Quote from: stadus on October 11, 2016, 11:44:39 PM

Quote from: blackmachinegun on October 11, 2016, 10:23:56 PM

Quote from: RocketSingh on October 07, 2016, 06:48:35 PM

Quote from: SAMKUSH on October 07, 2016, 05:22:52 PM

I think peerbet has a 0% house edge where you can place bets against other people not the casino itself. However a 1% house edge is not much dfferent than a 0% house edge.

The very concept of house edge is meaningless in a player vs player game as house is not taking any risk in that.

yeah if you're looking for a house edge of 0 you will get a game player vs. player because it is not possible sites ordinary dice provide a zero edge is certainly a player will have a higher chance of winning?
maybe sports betting also have zero edge lol

Sports betting is the only answer I can see, there is no house edge here and it has been proven that we can be profitable in sports betting if we are a good handicapper, for serious gambler who wants to have a chance to win in the long run, always consider sports betting at your own choice of sport.

are you sure about this?
i don't have much experience with sports betting but i say this because the house must be taking something, it can be called fee instead of edge for example. they are not offering free service, so they should also earn somehow!

Topic: Which gambling sites have 0% house edge? - page 18. (Read 13887 times)