The online casino industry is arguably the biggest online industry in the world today, with millions of hopeful gamblers logging into online casinos every hour, 24/7.
Online casinos make millions of dollars, some virtually by the minute. In fact, the bigger the online casino, the more dollars they are guaranteed to make every second, it’s like printing your own money!
So, how do online casinos manage to make so much money if they offer games of chance for you to win at?
You would think that, with so many people playing online casino games every day, some online casinos would eventually go bust. If you really believed that players were striking it rich with million dollar jackpots every day, how on earth could an online casino sustain such losses?
The answer is shockingly simple and it may completely put you off online gambling for good. Every single online casino operating on the web right now runs every casino game on something called the house advantage. This basically means that the casino has an unfair advantage in every game that you play. In other words, no matter what you do, you will lose your money to an online casino. This house advantage is more commonly known as the house edge percentage and you can see the percentage in every online casino game.
However, before you give up on playing online casino games for good, there’s a new way of playing that is set to disrupt the way that online casinos currently operate, here’s how.
ZeroEdge.Bet – Revolutionary Online Gambling Platform with 0% House Edge Games
ZeroEdge is a unique concept that is going to revolutionize the way you gamble online. Currently, all online casino games come with a house edge, i.e. the advantage that the casino has over you. Depending on the casino and the game being played, the house edge can vary between 1% to 10% or more. ZeroEdge’s solution? Offer games with 0% house edge and give players a completely fair chance of winning. In other words, playing at ZeroEdge.Bet is literally free, you don’t have to pay anything to the casino like with traditional online casino sites.
The most amazing part is that Zerocoin value increases as more people join the world first 0% edge gambling platform. It is all achieved by creating a closed-loop economy in which high demand for 0% games drives Zerocoin’s value up. This model is also known as Metcalfe’s law which was originally invented in 1993 and can be seen in the actual Bitcoin’s price growth.
Zero Edge offers a unique gambling model which has the potential to completely revolutionize the $70 Billion gambling industry. Players won’t be losing money but instead earning from the increasing Zerocoin value.
We recently published a survey and asked hundreds of people about their gambling preferences and experiences. The main finding was that 99 % of them stated that they would choose 0% house edge games to play if such games were available. High demand for the world’s first 0% house edge games will increase the Zerocoin value exponentially. An important task for us will be to educate the players and raise their attention to this beneficial concept.
Zerocoins (ZERO) will be available to investors during an upcoming ICO. Visit http://www.zerocoin.bet to find out more.
How will ZeroEdge.Bet’s zero house edge concept impact traditional online casinos? Let us know in the comments below.
Images courtesy of ZeroEdge.Bet