It is accepted by most here that a positive house edge will ultimately wipe out your deposit (rather sooner than later). But we could try to look at this issue from another angle. That is, whether the house is predetermined to lose in the long run if it had a negative house edge? As I see it, a positive house edge doesn't guarantee per se that a casino won't suffer heavy losses, but why should it necessarily suffer them if it had a small negative edge (to attract new users)? In other words, how long will it take till we see a casino claiming just that?
I've never seen a mention of the negative house edge here, so I decided to create a new topic on this issue (and added a poll)
According to what I learned, the users will lose in the end, assuming bankroll of player < house and there is a max bet limit.
The player will go on playing till he lose everything.
What if the player are just flat betting, say 1% of his bitcoin, over and over again? He will win 50.5% of the x2 bets and lose 49.5% only.
While he may have bad luck to have more loses than wins in the short term, it is not easy for him to lose everything with flat betting.