Zero House Edge — Provably fair online gambling with zero fees and zero limitations, powered by Bitcoin

by Jack Mallers

console.log(“Hello World”). My name is Jack, and I want to introduce a project I’ve been working on for about 6 weeks now: Zero House Edge, the first online-gambling experience with no fees or limitations. With Zero House Edge you can place wagers on the internet with no fees, no house edge — and on any event with an uncertain outcome with a reliable data set.

Below is a homemade screencast I made showing the problems we have with online gambling today, and then showing how Zero House Edge solves those problems. Excuse my video-making skills, not my expertise.

Why this is important for gambling

To break even gambling online today you have to win 52.4% of your bets, not even factoring in the fees you have to pay when you deposit and then when you withdraw money. It sure is a shame that the average bettor wins 45%-48% of their bets against the skewed odds.

Because of this history and experience, gambling carries a stigma of shame. The math works out that the more you gamble the more money you lose. This highly usurious market dominated by big money players basically sells you a product that mathematically drains your pocket over time.

By using Zero House Edge all of these issues are gone. We now have the technology necessary to remove the 3rd party in gambling. To break even gambling online at Zero House Edge you must win 50% of your bets. You create your own odds, own lines, own spread, etc. You are your own bookie. With no house edge, gambling no longer carries a negative (predatory) stigma; now it’s a way simply to become more involved in an uncertain outcome in an enjoyable way. Gambling is now limitless. Where before you were limited to outcomes that enabled the house to balance its books, you can now bet on anything: sports, politics, reality TV, live betting like balls vs. strikes, etc.

Why this is important for Bitcoin

Let’s do this together

Here is how you can help:

BETA testers / people that want to stay in the loop

Developers, Developers, Developers

Funding / Investors

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store