And the house doesn't rely on luck in order to win. That would be .. strange...
Generally the house relise on greed, in this new system, the house still also relies on greed.
There is still a chance for a casino to be profitable with a -1% house edge if most of the gamblers that plays on that casino are extremely unlucky with their huge bets, but I do not think it would make any sense for a casino owner to open a casino with a -1% house edge, since he would need to pay the expenses for the servers and he would also need to maintain the security of the site, if he is hiring a few developers to assist him on technical issues for the site, he would also need to pay those developers a salary too. If there is someone who is planning to start a casino with a -1% house edge, his chances to lose money would be obviously much more higher than earning profits from the site in the long run.
Yes but with the idea that gamblers generally get greedy and try to max out the amount that they can take from the site and doing what I suggest might make it profit from the aggressive whales we see on a lot of gambling sites already.
