Heard of the old term in gambling that says the house always wins? If yes, this is because of the house edge principle. What is a house edge? According to knowyourodds.net, the house edge is the mathematical advantage that the gambling game, and therefore the commercial gambling venue, has over you as you play over time.
This advantage results in an assured percentage return to the venue over time and a percentage loss of what you bet. The House Edge assists the gambling provider as a commercial business to cover its costs of providing the game, paying for the staff, maintaining the Casino or club etc. It also helps to turn the business into a profit.
Okay, now we know a little about this gambling term; how about an edgeless house? How does it even work?
In 2016, the gamers got their first experience of the edgeless slot machine. The Edgeless team was officially created in the same year, followed by ICO. The ICO was able to produce the company USD. 1.9 million or 47,000+ ETH at that time. Then before the year ended, Edgeless acquired its license after launching its platform to around 800 users.
More developments brought casino-based games like dice games, baccarat, and roulette back in 2019. Gaming, particularly casino sports, has strong and loyal players, regardless of the odds. And these casino games, as addicting as it is, will be even more addictive for some hardcore players because of how cryptocurrency has addressed the house edge.
The game can be enjoyed using cryptocurrency and smart contracts. Edgeless Casino is your online Cryptorun Casino.
Our initial finding about Edgeless Casino:
1.Exciting and gives beginners a smooth transition from amateurs to hardcore: Edgeless Casino users will find that they can play through a demo account without paying for a minimum account balance. Indeed, since Edgeless Casino runs on Ethereum, it is simply edgeless.
2. The interface is straightforward to navigate: The registration process is swift and light to accomplish, while the aesthetics provide a refreshing vibe that is pleasing for the player/s.
3.Convenience in payment: Edgeless Casino actively encourages using EDG tokens for transactions, though players can use traditional currencies and have them converted directly through the website. Aside from the usual fiat currencies such as Euros, Russian Rubles, and US Dollars, Edgeless Casino also accepts major transaction altcoins.
The Edgeless Casino, for now, is unique. It has no house edge. It runs on a smart contract and can transact using cryptocurrencies. It hosts a fun-filled list of well-loved casino games, and there is a lot in this Casino. However, security has much room for improvement.