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Does house edge really affect short term or small players?


iamsheikhadil

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Posted

Many would say that house edge kills.

It's high time to stop blaming house edge for your losses unless you are a pro gambler who bets tens of bitcoins everyday!

Your losses are only due to pure bad luck. 

In dice, at 1% house edge, how many times have you lost right at the edge? Like under 50 but you rolled 50.01? 

Hence, let's not blame the house edge, and blame your luck and habits for losing.

Yeah, casino would 100% win because of house edge in the long run, but, for short term and small players like us, it is only due to bad luck, not any system.

Posted

For me house edge doesn't matter much in case of dice as from my experience causes of my losses are rage betting and increasing base bet constantly ( like on 5x doubling bet on each red that too on low bankroll).

9 minutes ago, iamsheikhadil said:

Yeah, casino would 100% win because of house edge in the long run, but, for short term and small players like us, it is only due to bad luck, not any system.

That's true man any many people just blame site for their losses and only see one side of the situation.

Posted
2 minutes ago, Saaho2019 said:

For me house edge doesn't matter much in case of dice as from my experience causes of my losses are rage betting and increasing base bet constantly ( like on 5x doubling bet on each red that too on low bankroll).

That's true man any many people just blame site for their losses and only see one side of the situation.

People would find any reason to blame anyone for their own misdeed and misfortune.

Like, someone lost 0.1 btc playing 50-50 on dice and rolled 16 while >50.

Complaint how casino is bad, house edge and all.

I replied, cuck, even if there was zero house edge, rolling 16 is a 100% loss no matter the house edge.

Posted

[Read More: https://www.livescience.com/10446-wizard-odds-math-beat-casinos.html ]

This is a very nice read for that matter. The edge does not really affect short-term high roller as everything could happen. It only affects if you play for so long already. That being said...

[Read More: https://wizardofodds.com/gambling/betting-systems/ ]

...it is only the edge becomes apparent when you systems or even flat betting for an unusually long period of time.

Posted

I have never blamed house edge in every defeat. for me, I just haven't been lucky, even if I get a long red on the dice, then I will deposit again to continue the roll that's stopped, sometimes it works, sometimes it doesn't

Posted

I don't think so, house edge might be the same both for less and high wager players, even when a high roller wins big, less wager people will have the same chances to loss or win either.

Posted

It is true, even though the casino will still win because there is a 1% house edge determination, it doesn't mean that gamblers always lose, and that doesn't mean that if you have a big banroll, you're the winner ... it can't be a benchmark in gambling.
victory will always start with luck, for that do not overexert yourself when hunting if defeat always comes to you, take a moment to look for entertainment, once satisfied, then please return to gambling and make a bet, hope that luck is with you in the bet

Posted

Yeah house edge doesn't matter if you play short term and small bet player. But in the long run it affects on roll. And we all play for long time. So it matters for all gambler. But it doesn't effect much on loss. 

Posted
On 10/11/2019 at 1:16 AM, iamsheikhadil said:

Many would say that house edge kills.

It's high time to stop blaming house edge for your losses unless you are a pro gambler who bets tens of bitcoins everyday!

Your losses are only due to pure bad luck. 

In dice, at 1% house edge, how many times have you lost right at the edge? Like under 50 but you rolled 50.01? 

Hence, let's not blame the house edge, and blame your luck and habits for losing.

Yeah, casino would 100% win because of house edge in the long run, but, for short term and small players like us, it is only due to bad luck, not any system.

I agree!

It's the variance in results for a generic session that makes any player without sufficient bankroll, lose.

If you have a huge balance to counter the effects of variance - the compounded house edge is constantly applied on every single roll until you eventually lose. 

Posted
1 hour ago, Mahdirakib87 said:

Yeah house edge doesn't matter if you play short term and small bet player. But in the long run it affects on roll. And we all play for long time. So it matters for all gambler. But it doesn't effect much on loss. 

We all don't play for long term. Our balances are really short and the gambling session is mostly half an hour to one hour. There are gamblers who gamble for hours and hours non stop and the house edge really becomes apparent for them!

Posted

I think you say right 1 percent house edge not affect on game and so many sites take a 5 present house edge .

I think not anybody lose on house edge numbers maybe few times it happen but mostly we lose ours mistake 

Posted

I don't know and I don't care what is house edge for me just play and play for fun
Win or Loss I accept it always. But I love slots with 2.93% house edge you can get higher rakeback

Posted

hmmm i dunno what u talking about 
lsot cuz of bad luck?!?
luck dosnt exist we lose cuz we suck xD 
+ house edge hits you in long term but if u come to play just couple of rolls nahh
but that on dice
if you play roulette house edge hits every one when there is green 

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