Quote from: WhatTheGox on May 14, 2015, 09:48:52 PM

Quote from: unholycactus on May 14, 2015, 09:42:37 PM

Quote from: katerniko1 on May 14, 2015, 07:50:28 PM

Quote from: newcripto on May 14, 2015, 07:46:40 PM

Quote from: katerniko1 on May 14, 2015, 06:37:40 PM

Quote from: unholycactus on May 14, 2015, 06:34:47 PM

Quote from: katerniko1 on May 14, 2015, 06:30:39 PM

Quote from: WhatTheGox on May 14, 2015, 06:27:59 PM

Quote from: boopy265420 on May 14, 2015, 06:21:49 PM

Quote from: TriggerX on May 14, 2015, 05:36:38 AM

When I bet on primedice, there is always one fellow who asks, "is it profitable to gamble?" Many time I see those questions, the answer is " no because there is a house edge"

What if a dice site had no house edge? Then would it be able to profit?

What if a dice site has a negative house edge? Will we (the gamblers) start making profit?

I don't think '' no hose edge or negative house edge '' can bring sure benefits to gamblers.Gambling is a sure way of getting nothing.It is gambling not house edge which make the gamblers loose their money.If someone says 0 house edge is good thing then I will say in reply even gambling is good in sense of profit but just for very few persons.Everyone can not win in gambling.

Zero edge in standard casino games can potentially waste players time if you are forever at zero profit/loss long term, at least when you lose your money to a casino you can get on and do something else with your life ha, ironic.

that theory is not standing sorry. then is there is positive house edge people just lose money forever Cheesy

sorry but 0 house edge would bring lot more players to try their luck

It's not free to run servers and I doubt someone would spend a lot of time building and running the site expecting no return.

but the casino would still profit, no matter what its a fact

You are right even with zero house edge casinos or gambling sites still will earn profit from loosing hands.Let's say zero house edge will attract many players in this case.

exactly thats my point Tongue

No they won't, are you seriously thinking people only lose and never win?
Statistically, over a very big number of hands/plays/whatever, the casino makes around 0 revenue.

There's only one situation where the casino would be making money : Casino has infinite funds and the players have limited funds.

Which isnt really a likely scenario for a casino since they will aim for success which means more people and more money.

How is 0 revenue, wasting time and effort, considered success?