Which gambling sites have 0% house edge? - page 5.

Ayers

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Quote from: autada on February 23, 2017, 06:00:53 AM

There be one casino project with 0% house edge is planning to have ICO very soon, you can find more info just to click my signature to be that revolution.

can i ask how you are supposed to make money with zero % edge? are the money coming from the investors that invest in the ico?

autada

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There be one casino project with 0% house edge is planning to have ICO very soon, you can find more info just to click my signature to be that revolution.

adaseb

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Quote from: mirakal on February 22, 2017, 09:49:31 PM

Quote from: klf on February 22, 2017, 08:55:37 PM

Quote from: Oilacris on February 16, 2017, 11:43:04 AM

Quote from: adaseb on February 16, 2017, 11:22:58 AM

Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

PvP with 0% house edge doesn't really generate any profits to the site owner maybe theres one which is the traffic been generated which make some cents but its really just a nonsense thing on giving out free service without making any profits.

Maybe just to attract gamblers to their site they may offer 0% house edge and later on they may start introducing the house edge. Because being a new site, one has to offer good attractive offers to players then only they can get some traffic otherwise quite difficult to run a new gambling site. But if they are planning for ever 0% house edge site then may not be a good thinking.

For me, that is not a good way to attract customers, it's hard for a gambling site to earn profit when there is no house edge. Where are they gonna get their expenses to maintain that site?
AFAIK sites do have big expenses as well and they need to win every time to cope up with that expenses and to continue to be profitable.

Bonuses are more reasonable which will give benefits on both the gamblers and the gambling sites.

These days there is alot of competition in the bitcoin gamble sites niche. And especially for any dice sites. Why do you think Primedice rules most other sites out there?

Its very difficult or impossible these days for a new and up and coming dice site to compete with the big guys. Hence why they need to offer these kind of 0% insentives to get gamblers to fall in love with their site.

mirakal

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Quote from: klf on February 22, 2017, 08:55:37 PM

Quote from: Oilacris on February 16, 2017, 11:43:04 AM

Quote from: adaseb on February 16, 2017, 11:22:58 AM

Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

PvP with 0% house edge doesn't really generate any profits to the site owner maybe theres one which is the traffic been generated which make some cents but its really just a nonsense thing on giving out free service without making any profits.

Maybe just to attract gamblers to their site they may offer 0% house edge and later on they may start introducing the house edge. Because being a new site, one has to offer good attractive offers to players then only they can get some traffic otherwise quite difficult to run a new gambling site. But if they are planning for ever 0% house edge site then may not be a good thinking.

For me, that is not a good way to attract customers, it's hard for a gambling site to earn profit when there is no house edge. Where are they gonna get their expenses to maintain that site?
AFAIK sites do have big expenses as well and they need to win every time to cope up with that expenses and to continue to be profitable.

Bonuses are more reasonable which will give benefits on both the gamblers and the gambling sites.

klf

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Quote from: Oilacris on February 16, 2017, 11:43:04 AM

Quote from: adaseb on February 16, 2017, 11:22:58 AM

Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

PvP with 0% house edge doesn't really generate any profits to the site owner maybe theres one which is the traffic been generated which make some cents but its really just a nonsense thing on giving out free service without making any profits.

Maybe just to attract gamblers to their site they may offer 0% house edge and later on they may start introducing the house edge. Because being a new site, one has to offer good attractive offers to players then only they can get some traffic otherwise quite difficult to run a new gambling site. But if they are planning for ever 0% house edge site then may not be a good thinking.

fravia

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Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

I have never tried it yet unfortunately, though I will definitely do that as soon as possible, in my opinion if the website has a 0 house edge, it gives some good possibilities to make big money

freemanjackal

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ive been playing dice games for a while and even the sites that claim to have 1% of house edge its lie, so i dont believe that there will be one with 0

BitMaxz

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Quote from: adaseb on February 19, 2017, 04:25:41 AM

Quote from: BitMaxz on February 16, 2017, 06:31:56 PM

Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

Even you are setting it into 10x or 100x the result would be the same.. there are no best method or strategy that actually you can earn a good profit.
It will be still depends if you are lucky or not.. many people are losing a lot of bitcoin if you are not wise of choosing what game that honestly making good profit you will lose more and never recover your loses anymore even today you win how about next day or next week? not always you can win..
Even the house edge is 0% it will be still the same result..

I've been playing around with these Dice sites for years and I agree with you that's there really is no long term strategy.

At first I got lucky and won like 0.01 BTC or so using martingale but then I've lost it all on huge losing streaks.

Tried other methods like, waiting until I get like 10 reds and bet on the next 2-3 rolls hoping they have a better chance of winning but get the same results.

I guess its easier if you got like 1000 BTC and you are betting small and win 1BTC daily or so. Since you got the large bankroll you can absorb huge swings in price.

I tried to the same experience that i win in the first time.. but it can provoke your self to gamble more if you cant control your self you will lose it all unless if you are satisfied what you had and stop gamble.. martingale works.. but in the next days because you experience to win you'll come back again to make another profit but the result lose until you will experience to lose repeatedly.

lister storm

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Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

oh that's cool, used to play it a lot, in my opinion it will definitely attract way more people to it, because there are not a lot of gambling games with a zero house edge.

Victorycoin

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Quote from: BitMaxz on February 16, 2017, 06:31:56 PM

Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

Even you are setting it into 10x or 100x the result would be the same.. there are no best method or strategy that actually you can earn a good profit.
It will be still depends if you are lucky or not.. many people are losing a lot of bitcoin if you are not wise of choosing what game that honestly making good profit you will lose more and never recover your loses anymore even today you win how about next day or next week? not always you can win..
Even the house edge is 0% it will be still the same result..

The house does not work so much against a player as does the variance of the outcome. I have encountered 4 losing streaks with 97% and at first I felt it wasn't possible. However on further studies, I discovered even though it was 3 against 97, the 3 can often come back to back. Betting with very high winning chances apparently leaves players with wrong impression that they are onto some never lose settings.

panjul07

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Quote from: BTCevo on February 20, 2017, 09:20:16 AM

Quote from: panjul07 on February 19, 2017, 06:58:44 AM

Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

It does not matter how much is your winning chance, all will still depend on your luck. You can say it is better with 50-60% because maybe you had a good story with it but maybe there are some other people love to use 90% because the same reason.

Yes that is true, gambling will always depends on your luck but about this chance, do you think that if you use 90% chance that you will lose only 10% chance? May be you are misunderstanding what i am talking about. Let us assume that 100 bets using 90% chance. Do you think that you will only lose 10 times? i dont think so and lets say that you only lose 10 times your loss is already 10 times from your basebet and you need to win at least 10 times to get some profit though. What i saying here is the point of using this kind of strategy will never work out

This is good chance of course like 90% winning chance, this is almost impossible to lose but in the long run you will end up negative. Different with 50-60% winning chance strategy of course

Sure I dont think like that, what I'm talking about is about luck. There will be no differences using any winning chances unless you are lucky enough. So 50-60% is not even better than other winning chances as the result is depending on your luck. That's the point of what I want to say, nothing else.

BTCevo

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Quote from: panjul07 on February 19, 2017, 06:58:44 AM

Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

It does not matter how much is your winning chance, all will still depend on your luck. You can say it is better with 50-60% because maybe you had a good story with it but maybe there are some other people love to use 90% because the same reason.

Yes that is true, gambling will always depends on your luck but about this chance, do you think that if you use 90% chance that you will lose only 10% chance? May be you are misunderstanding what i am talking about. Let us assume that 100 bets using 90% chance. Do you think that you will only lose 10 times? i dont think so and lets say that you only lose 10 times your loss is already 10 times from your basebet and you need to win at least 10 times to get some profit though. What i saying here is the point of using this kind of strategy will never work out

This is good chance of course like 90% winning chance, this is almost impossible to lose but in the long run you will end up negative. Different with 50-60% winning chance strategy of course

panjul07

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Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

It does not matter how much is your winning chance, all will still depend on your luck. You can say it is better with 50-60% because maybe you had a good story with it but maybe there are some other people love to use 90% because the same reason.

adaseb

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Activity: 3808

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Quote from: BitMaxz on February 16, 2017, 06:31:56 PM

Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

Even you are setting it into 10x or 100x the result would be the same.. there are no best method or strategy that actually you can earn a good profit.
It will be still depends if you are lucky or not.. many people are losing a lot of bitcoin if you are not wise of choosing what game that honestly making good profit you will lose more and never recover your loses anymore even today you win how about next day or next week? not always you can win..
Even the house edge is 0% it will be still the same result..

I've been playing around with these Dice sites for years and I agree with you that's there really is no long term strategy.

At first I got lucky and won like 0.01 BTC or so using martingale but then I've lost it all on huge losing streaks.

Tried other methods like, waiting until I get like 10 reds and bet on the next 2-3 rolls hoping they have a better chance of winning but get the same results.

I guess its easier if you got like 1000 BTC and you are betting small and win 1BTC daily or so. Since you got the large bankroll you can absorb huge swings in price.

BitMaxz

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Quote from: BTCevo on February 16, 2017, 06:08:14 PM

Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

Even you are setting it into 10x or 100x the result would be the same.. there are no best method or strategy that actually you can earn a good profit.
It will be still depends if you are lucky or not.. many people are losing a lot of bitcoin if you are not wise of choosing what game that honestly making good profit you will lose more and never recover your loses anymore even today you win how about next day or next week? not always you can win..
Even the house edge is 0% it will be still the same result..

BTCevo

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Activity: 1834

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Quote from: michkima on February 15, 2017, 09:10:40 PM

Quote from: Qartersa on February 15, 2017, 09:07:18 PM

Quote from: WhiteStar_ on February 15, 2017, 08:20:59 PM

I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that

There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.

I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.

No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot

adaseb

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Quote from: Oilacris on February 16, 2017, 11:43:04 AM

Quote from: adaseb on February 16, 2017, 11:22:58 AM

Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

PvP with 0% house edge doesn't really generate any profits to the site owner maybe theres one which is the traffic been generated which make some cents but its really just a nonsense thing on giving out free service without making any profits.

I highly doubt they would do that. Most likely its a unethical marketing technique. The game is 0% house edge since its 50/50% between the 2 players. If its 4 players then its 25/25/25/25%. However the site most likely charges each player like 1% so for a 2 player game it will make 2%.
If there are more players then its 4% per game in total.

Similar to how a exchange works. The fees are only 0.25% per trade but the exchange keeps 0.50% because there is a buyer and seller.

Oilacris

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Quote from: adaseb on February 16, 2017, 11:22:58 AM

Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

PvP with 0% house edge doesn't really generate any profits to the site owner maybe theres one which is the traffic been generated which make some cents but its really just a nonsense thing on giving out free service without making any profits.

adaseb

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Quote from: Effortless on February 16, 2017, 02:22:36 AM

I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Hmmm. If its a PvP multiplayer game with a 0% house edge how exactly do they make money? I think there will be some service fee or something because it just doesn't make sense to make is free to play, use their servers and they get nothing out of it.

Effortless

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I think a new website named Blastabit.com is implementing 0% house edge multiplayer gamer. Not yet launched..

Topic: Which gambling sites have 0% house edge? - page 5. (Read 13912 times)