Quote from: neochiny on October 05, 2016, 11:40:55 PM

Quote from: Herbert2020 on October 04, 2016, 09:16:40 AM

i saw this topic about finding a gambling site with zero house edge and it got me thinking.
how much do you think 0 house edge is going to change your stats (win/lose)
obviously, you have a better chance of winning when there is 0 house edge but what do you think your result would be in long term if the house edge was 0 instead of 1% for example?

I saw that topic as well.
No. I don't think 0% isn't gonna make much of a difference over .05, .08, 1%. Over the long term, it may tip the win/lose stats but, it would still depend on how we play.

There would be other things to consider as well since it's either offered by a reputable/known site as a promotion/event or a very new site claiming to have 0% HE. Now if it was a promotion, then ok.

On the other hand, if it was a very new site/unknown claiming to have 0% HE, first thing to come to my mind is "shady". Makes me wonder, where they'd take their revenue from if not from HE. Are they just gonna bank on players always losing?
(I think they'll either 'fix' things to make sure of win/loss ratio or just find some other ways to take my coin.)
I'm not gonna gamble on that.

0% house edge is simply not feasible if it's not a PvP game. In PvP games, they can have 0% house edge as the house takes a cut of the player's winnings or deposits.

People are saying that 0% won't make much of a difference, but in reality, it does. No house edge means you have exactly 50/50 chance of winning if you bet at 50/50, which makes it possible for the gambler to profit in the long run. That's why there is a green slot on roulette, it's so you can't have truly 50/50 odds. You can read more about it here.