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
It does not matter how much is your winning chance, all will still depend on your luck. You can say it is better with 50-60% because maybe you had a good story with it but maybe there are some other people love to use 90% because the same reason.
Yes that is true, gambling will always depends on your luck but about this chance, do you think that if you use 90% chance that you will lose only 10% chance? May be you are misunderstanding what i am talking about. Let us assume that 100 bets using 90% chance. Do you think that you will only lose 10 times? i dont think so and lets say that you only lose 10 times your loss is already 10 times from your basebet and you need to win at least 10 times to get some profit though. What i saying here is the point of using this kind of strategy will never work out
This is good chance of course like 90% winning chance, this is almost impossible to lose but in the long run you will end up negative. Different with 50-60% winning chance strategy of course
Sure I dont think like that, what I'm talking about is about luck. There will be no differences using any winning chances unless you are lucky enough. So 50-60% is not even better than other winning chances as the result is depending on your luck. That's the point of what I want to say, nothing else.