Which gambling sites have 0% house edge? - page 6.

Japinat

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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.

That is based on luck, gambling sites does not operate just to give the bettors a free money. Even at the winning rate, there is no guarantee you will win, and you are a newbie in gambling if you think that is a guaranteed win. I have been in gambling for years and I have tried almost all the method available to win in dice games, but to no avail, I never get the satisfaction I aim, most of my winnings are just for short term.

michkima

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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.

Qartersa

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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.

WhiteStar_

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

adaseb

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Quote from: CoinLearn on February 14, 2017, 06:09:08 AM

Quote from: adaseb on February 13, 2017, 04:22:27 PM

Almost all the Captcha's can be broken.

We are talking about Google Re-CAPTCHA here. If u claim, it can be broken by bot, please provide enough reference to support your claim.

Quote from: adaseb on February 13, 2017, 04:22:27 PM

Have you heard of that Captcha solver services? Basically people from third world countries solving 1000 captcha's an hour just to make $1.

Yes. But, that is NOT automation. Those are applicable for services where there is no mar task to perform after solving CAPTCHA, e.g. increasing page view. Here, in chain-bet.com, one need to place bet after solving the CAPTCHA, which is possible only through manual intervention.

Yes I never said it was automation or handled by a computer. It requires some human to solve the Captcha or the puzzle or whatever types of complicated Captcha's they've come up with today.

I think most today is looking at images and selecting Store Fronts and Street Signs, those all have to be done by humans and there are many of those Captcha solvers programs which can do that for you. Its not free of course.

Herbet Fry

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●Social Crypto Trading●

Quote from: LoveUJack on October 01, 2016, 02:59:09 PM

^^^Title speaks for itself...

You can't habe 0% house edge they would make no money then. If the house edge is 0% the multiplier makes up for it or withdraw fees but someway they get their money. It's only logical.

Quote from: ?? on ??

Crypto-Games has 0% house edge during happy hours.

Does your protection work with casino investments too ?

CoinLearn

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Quote from: freemanjackal on February 14, 2017, 07:31:56 PM

Quote from: LoveUJack on October 02, 2016, 09:18:24 AM

Quote from: HeroCat on October 02, 2016, 07:12:19 AM

Only this gambling site - http://www.bitcoinbetting.website/, others have ~ 1% house edge. But even with 1% house edge you can win instantly. Wink

That's crazy! Among so many gambling games doing round, only one offers 0% house edge?

i dont buy that, do you know what is probability of guessing the rigth number? it is better play a dice game, probabilities are higher than this one

Probability depends on how many numbers you are betting on in a single block.

If u bet on 1 number, probability is 6.25%.

If u bet on 15 numbers, probability is 93.75%.

freemanjackal

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Quote from: LoveUJack on October 02, 2016, 09:18:24 AM

Quote from: HeroCat on October 02, 2016, 07:12:19 AM

Only this gambling site - http://www.bitcoinbetting.website/, others have ~ 1% house edge. But even with 1% house edge you can win instantly. Wink

That's crazy! Among so many gambling games doing round, only one offers 0% house edge?

i dont buy that, do you know what is probability of guessing the rigth number? it is better play a dice game, probabilities are higher than this one

CoinLearn

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Quote from: adaseb on February 13, 2017, 04:22:27 PM

Almost all the Captcha's can be broken.

We are talking about Google Re-CAPTCHA here. If u claim, it can be broken by bot, please provide enough reference to support your claim.

Quote from: adaseb on February 13, 2017, 04:22:27 PM

Have you heard of that Captcha solver services? Basically people from third world countries solving 1000 captcha's an hour just to make $1.

Yes. But, that is NOT automation. Those are applicable for services where there is no mar task to perform after solving CAPTCHA, e.g. increasing page view. Here, in chain-bet.com, one need to place bet after solving the CAPTCHA, which is possible only through manual intervention.

adaseb

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Quote from: CoinLearn on February 13, 2017, 06:18:33 AM

Quote from: adaseb on February 12, 2017, 04:51:54 PM

Well he is correct in that sense. However you can't really disable automated betting by bots. Even if you enable Captcha or some type of new API, there are programmers out there that will be able to simulate human bettin behaviour. Hence the reason why none of these sites want to go thru the hassle with this issue.

Chain-Bet.com employs Google's Re-Captcha. No known AI has broken it yet.

Almost all the Captcha's can be broken. Have you heard of that Captcha solver services? Basically people from third world countries solving 1000 captcha's an hour just to make $1.

Jeger.Kiting

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Yeah right above me, if you want that you should look it up on google a lot of articles about it you can choose the article that you think is good. You can also look at yotube to it. Grin

Good luck.....

blockcha1n

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A quick Google search would have given you the following blog article http://bitcoindicetop.com/are-there-bitcoin-dice-websites-with-0-house-edge/ which gives you actually the answer to your question.

nikolai9982

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I don't know site with 0%, I think that it will bankrupt.. Crypto-games has 0,8% house edge.

MinerHQ

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Quote from: BitcoinGirl.Club on February 13, 2017, 07:41:21 AM

Very few gambling sites have such a low house edge but am sure crypto-games.net has one of the lowest casino house edge with a 0% HE offering on special occasions.

Casinos are doing business, and they need to make a profit at the end of the day then only casino can survive for a longer time. Otherwise, casinos will close very soon. So if any casinos offer zero house edge for a couple of hours to attract players still ok but they can't be forever zero percent. As long as site is trusted and fair enough I'm ok to pay small house edge.

stomachgrowls

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Quote from: just_Alice on February 13, 2017, 06:56:23 AM

Quote from: bitwab on January 16, 2017, 07:22:38 AM

Would you trust a gaming site with 0% house edge?

There are running costs as employees, servers, service bills, development, security, support, marketing to mention some.

As someone said, if its not a temporary promotion then the company almost certainly has some hidden costs (wagering limits, withdrawals costs, etc.) or has cut on mentioned areas which can lead to low quality service or scam.

~BitWAB Team~
Be the winner!

Probably right now it is like you said, but if I were an entrepreneur I would create a gambling site with 0% house edge to attract gamblers and then would sell ad spots on my site to established gambling sites. And there wouldn't be any hidden costs on my site, because my profit would be from advertising.

This is possible but as a gambling owner you would really like to make profits and you will not waste your money on investing and your effort on building one on just earning from advertising. Profits are different span between two things 0% is possible but i dont think it would be putted on a certain gambling site on longer times.

BitcoinGirl.Club

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Farewell LEO: o_e_l_e_o

Very few gambling sites have such a low house edge but am sure crypto-games.net has one of the lowest casino house edge with a 0% HE offering on special occasions.

just_Alice

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Quote from: bitwab on January 16, 2017, 07:22:38 AM

Would you trust a gaming site with 0% house edge?

There are running costs as employees, servers, service bills, development, security, support, marketing to mention some.

As someone said, if its not a temporary promotion then the company almost certainly has some hidden costs (wagering limits, withdrawals costs, etc.) or has cut on mentioned areas which can lead to low quality service or scam.

~BitWAB Team~
Be the winner!

Probably right now it is like you said, but if I were an entrepreneur I would create a gambling site with 0% house edge to attract gamblers and then would sell ad spots on my site to established gambling sites. And there wouldn't be any hidden costs on my site, because my profit would be from advertising.

coynedterm

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Quote from: LoveUJack on October 01, 2016, 02:59:09 PM

^^^Title speaks for itself...

I think no one site have house edge 0% . Because every site is filled with programming script and working in the programming of the script only regardless of the rules of the casino .
I am sure that some people may here post and will say it is only sports betting sites which have no limit of earning , but here I want to tell you all , that every site have limit of earning and no one site have 0% house edge .
It is a simple for every new or old gambler that he is free to use any stretagy but I think no one can use thier stretagy of winning .
Here I have a stretagy of gambling of always winning but my stretagy has trick of multiple times of betting on two teams or players for a game but always the casino site shows my bet lost , if I contacted them from email support then they are saying that you can't place multiple bet in a single match for both the winner .
But it is not mentioned in the terns and conditions of t any gambling site .

CoinLearn

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Quote from: adaseb on February 12, 2017, 04:51:54 PM

Well he is correct in that sense. However you can't really disable automated betting by bots. Even if you enable Captcha or some type of new API, there are programmers out there that will be able to simulate human bettin behaviour. Hence the reason why none of these sites want to go thru the hassle with this issue.

Chain-Bet.com employs Google's Re-Captcha. No known AI has broken it yet.

adaseb

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Quote from: RocketSingh on February 10, 2017, 04:40:22 AM

With substantial bankroll, a house can run comfortably and make decent profit with 0% house edge, if they dont allow automated betting by bots. If u exclude bets made by bots, u'll find bustabit.com makes more profit in the long run than house edge % of total wagered amount. Hence, though it is theoretically impossible to run a 0% house edge game, games like https://www.chain-bet.com still do exist in practical world.

If u were correct, then chain-bet.com would have gone bankrupt by six month, whereas they are running close to one year now...

Well he is correct in that sense. However you can't really disable automated betting by bots. Even if you enable Captcha or some type of new API, there are programmers out there that will be able to simulate human bettin behaviour. Hence the reason why none of these sites want to go thru the hassle with this issue.

But I agree with you, a site with no house edge or even negative house edge can be profitable since humans have flaws are are emotion and greedy.

Topic: Which gambling sites have 0% house edge? - page 6. (Read 13912 times)