Edgeless Casino Offers Revolutionary 0 Percent House Edge for Bitcoin

Written by:
Published on:

Edgeless.io is a new blockchain-based casino that’s planning to improve transparency and fix the problem of online casinos cheating against their own players, according to a press release issued by the venture.


Check out BetOnline’s live dealer online casino – Bitcoin accepted

The Edgeless team announced earlier this month they had raised $960,000 following announcement of an ICO.  The ICO is an event an in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today.  A beta announcement was announced just days ago.

Edgeless casino is based on Ethereum Smart contracts and, as a result, considered fully transparent. All Ethereum smart contracts are non-changeable and publicly available for everyone to see and examine.

The group behind Edgeless Casino claims that traditional online casinos have the ability to manipulate their random fairness checks.

But with a 0 percent house edge, how can Edgeless Casino possibly be profitable?
Here is an example of how they do it:

The first two games provided will be Blackjack and Video Poker. Both games are played with a combination of LUCK and SKILL. That means players make choices and either play well or poorly. To give an example of such a situation:


House has a 6 card.

The player has 16.

The player wants to collect at least 17 and hits for one more card. - BAD MISTAKE.

The player just made a huge error, because, 12+ against 6 ALWAYS STAYS. (according to Blackjack basic strategy)

An average player does not play ‘the perfect game’ therefore, in the long run the casino makes a profit from his mistakes.

An analogy can be taken from poker. A new player is playing against a Pro. Both have equal probability conditions - 50% vs. 50%. However, the Pro player makes better choices and the new player makes bad decisions, and in the long run, the Pro wins.

Look at this EXTENSIVE RESEARCH  from players’ mistakes in Blackjack - on average they give away an 0.83% edge to the casino.

And that's exactly what the casino will earn - 0.83% which is the same as playing dice with an 0.83% house edge.

Edgeless Casino will also rely on sports betting, charging vig / juice / rake from each side for their bets, similar to that of a traditional sportsbook. In this area, the casino will earn 4 percent from all money wagered.

- Aaron Goldstein, Gambling911.com

Online Casinos News

Dota 2 Leaderboards: Racing to the Top

Dota 2 Leaderboards: Racing to the Top

Dota 2 is one of the top esports games, and everyone involved is doing their best to make it to the top of the leaderboards.

Bitcoin Video Poker Payouts - Royal Flush

Bitcoin Video Poker Payouts - Royal Flush

Bitcoin video poker payouts for a royal flush are substantial at Bitcoin Games, with a a provably fair gaming site with 99% or better expected return.

Online Gambling Affiliate Union Propsed as Industry Grows More Volatile

Online Gambling Affiliate Union Proposed as Industry Grows More Volatile

The online gambling affiliate industry is currently in a state of flux.  It's survival for the fittest with the introduction of cryptocurrencies and regulatory oversights making their way into the sector. 

Ancient Egypt Slot Machines, The Power Of History At Your Fingertips

Ancient Egypt Slot Machines, The Power Of History At Your Fingertips

So many people have several stories about ancient Egypt, but they have never taken to sit down and think about how life could have been like to be a slave in the land that was ruled by the tyrant Pharaohs.

Free Scatter Slots Online Casino Games App

Free Scatter Slots Online Casino Games App

Free Scatter Slots are available online via an app provided by Murka Entertainment Limited.