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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.
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.
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.
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.