RE: GAMER Buyback System is LIVE by kryptogames

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steemit · @kryptogames · 
That's what house edge does. In the end, house always win by the house-edge margin. That is a fact. There is not a single casino in the world which is designed to lose in the long term.
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@cryptopassion · (edited)
$0.12
So do you have a comparaison chart with the house hedge and the real profits of your casino?

if these 2 values are in line, it would show  that what you are saying is true. Easy to demonstrate. But even on the blackjack where the house hedge is very low, it i s so hard to win against the house on several games...
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vote details (54)
@zocken · 
> But even on the blackjack where the house hedge is very low

You are making a big mistake here, the "house edge"(commision) is low yes. But the real house advantage(probability) has already been integrated into the game, this one even higher without the surrender option. I would say it is generally a 3%, on top of the commission.

Of course it is hard to win the house this way.
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@cryptopassion ·
$0.12
so it explains why we have big difference between house edge used for the dividends and profits really made by this casino.

Thank you for the information ;)
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vote details (76)
@cryptoeater · 
What people tend to forget is that the house edge is 0.5% if you can play mathematically perfectly, which is humanly impossible unless you're using a cheatsheet. However, I can somewhat anecdotally prove dice is fair. After wagering over 2.5 million STEEM in more than 14,000 games, I've lost around 20,000 STEEM, whereas statistically I'm meant to have lost 25,000 STEEM, so the house edge is even lower than 1% for me (since I've gotten lucky). In fact, I was actually winning steem up until around 500,000 STEEM wagered! 

In case you're wondering why my club bonuses are so low, it's because I didn't play a lot last month so I've been downgraded to bronze 
![image.png](https://files.steempeak.com/file/steempeak/cryptoeater/tCEiofW1-image.png)
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@kryptogames · 
May we know how do you arrive at the 3% without the surrender option? Here is the link of our exact house edge calculator (https://wizardofodds.com/games/blackjack/calculator/):
![blackjack_house-edge.PNG](https://cdn.steemitimages.com/DQmRY89iq5Myr5RqdyhCcdn1VdCvhB4qyvV1AXM1MeKA46s/blackjack_house-edge.PNG)
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