Post
Topic
Board Beginners & Help
Re: Which betting site is good for investing?
by
KimNam
on 26/06/2014, 14:38:59 UTC
Hmm yes, higher house edge means higher chances of house to win.
Yes, if a player win, house lose, then the investment will negative too.
Investor might suffer loses for invest in betting site in the short term, but in the long term they'll likely to make profit due to the existence of house edge.
And IMO, 0.48% is considered low for house edge Cheesy

sorry i didn't see your post earlier Grin
yeah your comment is right, low house edge will attract new gamblers to play in that gambling site
and (may) make us suffer losses for our investment there.so is that prospect to invest there, with so low house edge?

What? Did justdice bankrupt? I thought they suspend temporarily the site because of the Canadian law.
I guess I should take a few seconds out from trying to get the withdrawals working as smoothly as possible to confirm that we are suspending betting and deposits until it becomes clearer what the new Canadian law means for us.

Or is it another story?
no, it's not bankrupt in real terms (in law)
i mean "bankrupt" in the games, players beat them and make them can't operate anymore because low capital to pay the winners Grin