Quote from: ndnh on October 30, 2016, 11:03:43 AM

Quote

How does the house make money on this project?

I wonder the same. May be they are going to take all the house edge in one go right before they close. Grin

U guys are discussing something that has been discussed many times before on this forum. Here are a few instances...

Quote from: Red-Apple on October 04, 2016, 11:49:57 AM

Quote from: altcoinhosting on October 04, 2016, 09:18:54 AM

Personally, i think a casino game (any game) with a 0 percent house edge will either go bancrupt in the longrun, or will result in cheating...

i don't think so.

because people usually don't use good strategies and they are wasting their money in most of these gambling sites.

for example i have seen new dice sites that start off with a 0% house edge and there aren't that many winners on the site to win and bankrupt the casino.

house edge is like a guarantee in my opinion.

and also add to this, the fact that a lot of the gamblers will continue gambling when they win and if a losing streak hits them they lose all they have won so far.

Quote from: adaseb on October 23, 2016, 11:10:59 AM

Quote from: TheUltraElite on October 23, 2016, 10:44:30 AM

In general the concept on 0% house edge technically does not exist. The site owners and the affiliates are running a business and the house edge is the method by which they earn profits from the players.

If there was no method to fund the owners then the latter would go bankrupt and then the site/casino would not exist. Hence most sites who claim a 0% house edge are scammers, in general.

Not true and this was discussed many times here before. The casinos don't need 0% house edge to make money. The casinos make money because of human emotion, greed, and fear. Only reason most Casinos don't have 0% house edge is because there would be too many bots, and the bots they couldn't beat since computers don't feel emotion.