I have never heard an gambling casino site with 0% houseedge.If there is one so i wonder how they profit from that
There are still, I am not sure which ones but I know there are some out there. You could probably check out this thread for the links and check it out yourself. They still profit even without house edge. House edge is just an "edge" over the gamblers for the casinos. However, even with 0% house edge there is still a great chance that the casino will win over the long run, since statistics will tell you that no matter what settings you put there will ba a complete losing streak for infinite number of times too.
I agree the losing streak of anyone would also be infinite. I've tried using a win chance of 90% and even at that rate I lose 10 in a row, well that was because I was on autobet and using a martin gale system that I modified. That was how I proved that the chances of losing is still great even at high chances of winning.
No matter what you do 90% winning chance does not mean you really into that strategy because the profit you get can't cover your loss unless you martingale it to 10x or 100 then it will be enough but how can you hold this for long period? This is just suicide better to play it on 50% or may be 60% winning chance, may be you can even get some good payout rather than using 90% chance on bot
Even you are setting it into 10x or 100x the result would be the same.. there are no best method or strategy that actually you can earn a good profit.
It will be still depends if you are lucky or not.. many people are losing a lot of bitcoin if you are not wise of choosing what game that honestly making good profit you will lose more and never recover your loses anymore even today you win how about next day or next week? not always you can win..
Even the house edge is 0% it will be still the same result..
I've been playing around with these Dice sites for years and I agree with you that's there really is no long term strategy.
At first I got lucky and won like 0.01 BTC or so using martingale but then I've lost it all on huge losing streaks.
Tried other methods like, waiting until I get like 10 reds and bet on the next 2-3 rolls hoping they have a better chance of winning but get the same results.
I guess its easier if you got like 1000 BTC and you are betting small and win 1BTC daily or so. Since you got the large bankroll you can absorb huge swings in price.
I tried to the same experience that i win in the first time.. but it can provoke your self to gamble more if you cant control your self you will lose it all unless if you are satisfied what you had and stop gamble.. martingale works.. but in the next days because you experience to win you'll come back again to make another profit but the result lose until you will experience to lose repeatedly.