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Why aren't most gambling casinos are player vs player?


iamsheikhadil

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Posted

The player vs player gambling thing is a 100% guarantee that the casino will always make money. It can never lose as long as it takes a commission from each bet, it will continue to grow and never stop expanding.

I wanna know, why then, most casinos take the risk of going player vs site, when a huge good luck of a very rich player can make the site go bank rupt.

Is it the confidence in house edge or am i missing something?

Just curious!

Posted

No 
As eddie said in streams 
this kinda websites can never be 100% legit 
since it is player vs player 
but ever sense the history of player vs player showed us
in some cases it is player vs owner 
if you get what i am saying :P 

Posted

Player vs. player games can never be provably fair.  Eddie has discussed this on stream on multiple occasions.  There is no way to know that the game is not being manipulated and that one of the players is not the house playing against you.

Posted

I know that Eddie has talked about this before and he said how p2p games can’t be fully probably fair. Sometimes with games like this, a site can know the outcome before the flip even goes and join it with a bot/fake account. 

Posted

Player vs player game wouldn't be good. Firstly there are many games which can't arrange between player to player. If they arrange game like this would be boring too. Example: In a game you create/placed a bet. Another player need to join with same amount. So you need to wait until someone other join. That's boring for sure. 

Posted
7 hours ago, niki014 said:

No 
As eddie said in streams 
this kinda websites can never be 100% legit 
since it is player vs player 
but ever sense the history of player vs player showed us
in some cases it is player vs owner 
if you get what i am saying :P 

So you mean that owners create alts to grab the 100% of the funds? Lol

That kinda makes sense and I never thought like that...

However, can it be provably fair though? Like both the player bets be verified with some seeds or hash so we can prove there's no manipulation?

Posted

after all, the casino will still win ... because the house edge calculation has been determined ... the percentage has been made in such a way as to be able to withstand the stakes made by players ...

Posted

if Players vs Players they can abuse the VIP system/rakeback where you just need to wager to achieve it.  You know gambling is a business that's why they are so in the things that they get profit but in Stake they give back to player and that's is what so great about they give back to players not like some gambling that when your busted you can't get anything it's like your on your own go get some money and comeback not like stake do something like and that you have to chance to get some free money.

Posted
12 hours ago, iamsheikhadil said:

The player vs player gambling thing is a 100% guarantee that the casino will always make money. It can never lose as long as it takes a commission from each bet, it will continue to grow and never stop expanding.

I wanna know, why then, most casinos take the risk of going player vs site, when a huge good luck of a very rich player can make the site go bank rupt.

Is it the confidence in house edge or am i missing something?

Just curious!

That was you saying on PvP casino it's in poker site only. Yea that will give a casino profit from house edge they're put in every single games.

If you asking why most casinos take risk of going player vs site because they have advantage at there. You should figure out about casinos online profit and benefit mate.  :D

Posted
12 hours ago, iamsheikhadil said:

The player vs player gambling thing is a 100% guarantee that the casino will always make money. It can never lose as long as it takes a commission from each bet, it will continue to grow and never stop expanding.

I wanna know, why then, most casinos take the risk of going player vs site, when a huge good luck of a very rich player can make the site go bank rupt.

Is it the confidence in house edge or am i missing something?

Just curious!

I really like PvP games, because it makes betting so much more reliable knowing that you are betting against someone else, and the site is still profiting from it. But surely the site wins much more if the player bets against the house.

Posted

Yeah, so as everyone said and Eddie said, the sites can go full phantoml0rd on you and scam all of your money, that's why they don't want to make it PVP, so it doesn't get untrusted.

Posted
18 hours ago, SLFJ said:

Yeah, so as everyone said and Eddie said, the sites can go full phantoml0rd on you and scam all of your money, that's why they don't want to make it PVP, so it doesn't get untrusted.

yeah ... that's right ..
after all the casino was made so that players weighed at home, not between players and players ... there is no fairness in betting if it is held .. anyway what's the point of the edge of the house if the bet is the player with the player

Posted

I think someone else mentioned this but Eddie has actually talked about this on stream before.

There is no way to verify the legit-ness of a PVP casino. There is no provably fair system that guarantees the rolls/results have not been influenced.

Posted
On 9/21/2019 at 2:15 PM, iamsheikhadil said:

The player vs player gambling thing is a 100% guarantee that the casino will always make money. It can never lose as long as it takes a commission from each bet, it will continue to grow and never stop expanding.

I wanna know, why then, most casinos take the risk of going player vs site, when a huge good luck of a very rich player can make the site go bank rupt.

Is it the confidence in house edge or am i missing something?

Just curious!

Sure, player vs player games are much more fairer to everyone than they are betting, but since the site will live on a commission for betting, the profit turns out to be much lower than in casinos like Stake.

Posted

Yes, i agree, because casino always have profit with his clients, and in cases 1 vs 1 they always make some percent comission, and if it's huge sums, then site will take good comission

Posted
On 9/22/2019 at 5:27 AM, CntryBoy said:

Player vs. player games can never be provably fair.  Eddie has discussed this on stream on multiple occasions.  There is no way to know that the game is not being manipulated and that one of the players is not the house playing against you.

hmmm .... this is true ...
and if there is a game where the player doesn't fight the house, it's not casino ... but local gambling ...
at the casino there is a percentage of the house edge, and this is where the casino benefits ... if there is a player vs. player, how will the casino benefit

Posted
7 hours ago, zulfandina said:

if there is a player vs. player, how will the casino benefit

Well, since the PvP game is not provably fair the casino can play against you or manipulate the results.  This would benefit them greatly, not to mention they usually take a percentage of the game pot as commission.

  • 3 weeks later...
Posted

I have watched eddie streaming and eddie said about provably fair, so no one knows the results on every bet between the player and the site, so there is no cheating ,. I don't know for sure, because I also don't understand about provably fair

  • 2 weeks later...
Posted
On 9/22/2019 at 6:14 AM, iamsheikhadil said:

So you mean that owners create alts to grab the 100% of the funds? Lol

That kinda makes sense and I never thought like that...

However, can it be provably fair though? Like both the player bets be verified with some seeds or hash so we can prove there's no manipulation?

no mate 
There was that dude who owned one of the biggest csgo casinos 
and he was cashing out his 5% tax from games and he was playing vs another players 
and there was that other dude who owned one of the biggest csgo casinos 
he did same shit 
and we aint talking about 500-1000$ games or shit like that 
nah man games was like up to 20k$+

Posted
On 10/16/2019 at 9:54 AM, sheenazbay said:

I have watched eddie streaming and eddie said about provably fair, so no one knows the results on every bet between the player and the site, so there is no cheating ,. I don't know for sure, because I also don't understand about provably fair

I think that's the case. Stake is recognized about fairness in the bets made by gamblers, and I believe that. although in essence I am the same as you, in understanding the mentioned justice. because I also still do not understand about justice mentioned by some people here. only one thing I believe in, justice is indeed real

Posted

Good point actually. On the other hand, I think Eddie is pretty confident that his site won't go bankrupt, I think the secret is with the crazy high bankroll of the site. I see a lot of players with a huge bankroll but I think it's not even close to the bankroll of the site. They sure can win a large amount but it's not enough to make the site go bankrupt and taking also into consideration that the site often win against other players with crazy high bets

Posted

I think this is very good play with other players I think few months before I see this type website where you play with website or play with other players,

I play few days and this is very interesting when you play with others 

Maybe in future stake add this type option or game

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