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Do you consider house edge as important thing?


Mahdirakib87

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Posted

Do you think house edge is more important thing then other while you gamble. If stake increase their house edge will you play same way? Same strategies technique will give you profit/win same way. Much house edge won't effect there?

Posted

Of course the house edge plays an important role in gambling games. It determines the luck we have for a certain roll, which is always lower than how much it actually should be. If not the payout is altered. 

For example, rolling a 2x on Dice essentially is like a coinflip. A 50-50 chance in real life. However, with the house edge in play we only have a 49.50-50.50 chance of winning. That is 50 numbers taken away from us. So if you keep rolling endlessly for a very long time, you will find yourself on the losing side (no matter what). 

Similarly if you chose a 50% chance win you will only win 1.98x of your bet, instead of the ideal situation 2x. 

So yes if the house edge increases you will lose much more than 1% of your total bet in the long run. Have a go for yourself with some doge or something and roll for a very long time and maybe repeat it. Then you will understand how much the house edge impacts. :) 

Posted

Of course House edge is an important part in gambling...

And every Gambler should know about the House Edge of the games that they are playing

 

Posted

Many people in gambling only like to play dice. You can see many other site having a lot of user with only dice game. So I will say dice is the most popular game in cryoto gambling.

Posted

It's important. Same probality with different house edge will effect on payout. For example if you hunt  99x on dice, you chooce under, you need to roll under 1 with 1% HE. But on 2% HE you need to hit lower than 0.99. on 1% HE when you roll 0.99 is green but on 2% HE its still red.

Posted

I think for me this not important because I play for winning big amount and I see when I lose my balance and collect this amount I always lose when I play I don't think about house edge

Posted
Quote

Do you think house edge is more important thing then other while you gamble. If stake increase their house edge will you play same way? Same strategies technique will give you profit/win same way. Much house edge won't effect there?

Currently the house edge on stake is the lowest comparing to any other casino out there, so at this point I don't care about house edge at all (especially that we even have rakeback now) , however if the house edge would increase dramatically of course I would consider if I want to play specific game. Who wouldn't? I don't play at casinos with high house edge for obvious reasons. 

Posted

I'll keep playing. But catch a moment and stop, so as not to get completely lost all. Casino-it is, you can become a millionaire and a couple of seconds to become a beggar.

Posted

I think the edge of the house is one of the important points in gambling, especially online gambling.
and every gambler must also know what is the edge of the house and what is its function. because I am sure that at stake there are still many gamblers who do not know what the edge of the house and its presentation

Posted

The advantage of the house is very important, as mentioned above for example on a 50/50 you have more 50/50 but 49% a little more so necessarily it reduces and changes the proba, but what is on c is that the advantage of the house is much less strong than on certain platform so ...

Posted

I would like to think that house edge % would play a rather important role in the long run of playing the specific game with a specific house edge % but I try not be too bother by it and focus more on playing the game itself. :)

Posted

mate if they increase the house edge ( i am pretty sure they wont do that) a lot of people will leave 
cuz there is lots of casinos with 1% house edge there is even dice websites with 0.5 house edge ( i dont like only dice websites tho )
why people stick in here when they can go there 
btw i prob wouldnt change anything i would still play the same or just go for a bit higher payout i dunno lol 

Posted

I guess not, I do not actually care about the house edge, rakebacks etc. I mostly bet for my own fun and profit so, for me, it's all just about luck, dice has really dissapoint me nowadays tho, house edge is not the problem.

Posted

Hey there all

I don't think they will increase their edge, they don't need to, I feels like it doesn't "work" at all as it is stated

that edge means we should lose that much balance during long perion of time

but as everybody knows , we will lose much more than that

almost everybody has like hundreds of percents loss in their account 

I saw just a few people who has some profit in their stats 

so I don't think they need to increase it somehow

I think it is general house edge defined by odds of hitting exact multipliers

they would need to lower the multipliers and I don't think they will do it 

anyways good luck to everybody so you will se some profit finally in your stats :D

and play responsible ;) 

Posted

Ofcourse house edge is important, especially on the long term of things.

If they were to increase their % I suppose I wouldn't change much, although that will depend on how much. The small House Edge isn't the only nor the main reason why I'm stuck on Stake.

Posted

House edge is key to determine potential ROI, which in turn is your possible profit. The higher ROI, the better chance of winning. 1% house edge is totally fine, nice and low!

  • 1 month later...
Posted

in my opinion the house edge at stake is the smallest house edge of all the sites I know, and I really like playing here. the house edge is only a small profit for the casino, although, stake raises the house edge here, I still play here

  • 1 month later...
Posted

it doesnt matter, its not that much if you are winning house edge cant hurt you and if you are losing, then you are already losing what the point to focus at house edge then, i think you can cover house edge easily with increasing of your target a little bit.

Posted

Yes! Imagine the dice with the house edge equal to the Slot? It would be a little disheartening to play Dice like that. When I choose a game I immediately notice that. Because in the long run the player starts to feel the difference between a high and a small house edge.

Posted

House edge doesn't matter on short time playing or on the games where the base bet over 2x as chance. As example, on dice when you're playing on 9900x there is basically and in theory no house edge. Nada, nothing. Niente, and think about the winning or hitting it. Ofc you need at least 40k bets to be sure you can lose and thats like a minimum but still

Posted

Well sure it has its importance but I do not focus more than that on it. Why? Because house edge isn't the main reason we fail many times here. Controlling your emotion and your betting is much more valuable and important to me. 

Because house edge would matter if we would be pure logistic operator. Meaning if we were betting consistently the same amount with the same strategies and the same payout. But we aren't. We're human and we okay with our emotion as much if not more than with our rationality. So sometimes we rise bets to get over a recent loss quicker, sometimes we go allin or chase x9900,  sometime we play on a feeling it we rage bet bc pissed by some unexpected results. 

And all those reasons are responsible of much more losses and bust than just the house edge... So I try to focus on what I can control : my behavior and the control of my emotions rather than on something that  int he end I can change. 

I know we talk a lot about house edge. And all referal commissions and take back are calculated based on what the house edge make stake wins. But ask yourself this : did you lost more because of bet lost by 1% error ( like you're betting on any oyaoit but the result was 1% close ( the only game where it's obvious is dice indeed) or did you lost more bc bettiing on a strat that is losing in the middle long run 100% sure ( chasing x9900 for example or martingaling)... 

Posted

House edge may not matter as much if you play very short periods of time, but the longer you play the more the house edge comes into play and will correct any variances in your game. The edge is how the house makes commission and is also how they have an advantage over the player in all games. Hence the reason why you never see a casino offering a no-edge game.

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