Edgeless

Nice just bought 100k

https://medium.com/edgeless/dev-update-8-edgeless-insider-video-footage-3eb09e892de1

WE HAVE LIFTOFF

>>3431209
I'm in. Let's ride this up boys!

I don't understand how there's a 0% house edge? If that was true, how would the devs or investors make money? And with a dealer and a player.. how is 0% house edge possible

>>3431642


The games themselves are designed so that the casino will be up at the end of the day since 1 winner and 4 losers in a 5 person blackjack game will be a net win for the casino (most of the time).

So an edge is not really a necessity for a casino to make a profit.

>>3431209
any news or just a P&D?

>>3431642
Also

"Just from the games Edgeless will make 0,83%, as the games we will be offering will be LUCK + SKILL games. If we would offer a roulette with a 0% house edge—in the long run casino would have ZERO profits.But we will offer Blackjack which is a game of LUCK + SKILL, so that our casino will earn profits. Players do not play a perfect game, so they make mistakes and their mistakes increase casino edge which is equivalent of 0.83% edge."

>>3431764
What's stopping the player from making a bot that plays blackjack for them perfectly in their sleep? instagainz?

>>3431744

http://sys.4chan.org/derefer?url=https%3A%2F%2Fmedium.com%2Fedgeless%2Fdev-update-8-edgeless-insider-video-footage-3eb09e892de1

>>3431772
"How are you going to prevent from bots playing on your casino?
Every transaction costs a gas price (gas price is still unknown for our casino, it really depends on a smart contract structure and there are plenty ways to optimise a gas price). That means bots will need to pay gas price too. In this scenario, even playing 0% house edge, expected value is negative due to gas costs. That means bots do not have an incentive to play on 0% house edge games because it still costs. And over a long run they cannot win anything, even with a perfect strategy game."

From a Q&A back in feb