Any difference in investing casino ICOs and casino bankroll investments? - page 2.

MinerHQ

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Quote from: RGBKey on November 05, 2017, 11:44:14 PM

Quote from: BillCoin on November 05, 2017, 08:14:30 PM

There is an huge difference between the two.

When you invest in a casino, it means that you are taking a part in a centralized casino, you trust the casino to take the right house edge( which makes the casino to always win at the long run), and you are getting paid for other people that loses funds in the casino.

When you invest in a gambling ICO, it is just like investing in any other ICO, if it becomes successful and the platform works, you are about to make massive gains.
Usually gambling ICOs aim to provide decentralized platform for the users, unlike casino.

I wouldn't say that. I've seen many casinos do "ICOs" which are just them crowdfunding their bankroll but capitalizing on the ICO tag that everyone's so fond of throwing money at now. It's pretty annoying.

If I'm correct ICOs funds are using for site development, marketing and maintaining a site and after that whatever site earns profit from that money casino share some profit to the investors. But in case of bankroll investments investors money is using only for bankrolls and site will do that maintenance and marketing from their profit. Please update me if I understood wrongly.

RGBKey

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Quote from: BillCoin on November 05, 2017, 08:14:30 PM

There is an huge difference between the two.

When you invest in a casino, it means that you are taking a part in a centralized casino, you trust the casino to take the right house edge( which makes the casino to always win at the long run), and you are getting paid for other people that loses funds in the casino.

When you invest in a gambling ICO, it is just like investing in any other ICO, if it becomes successful and the platform works, you are about to make massive gains.
Usually gambling ICOs aim to provide decentralized platform for the users, unlike casino.

I wouldn't say that. I've seen many casinos do "ICOs" which are just them crowdfunding their bankroll but capitalizing on the ICO tag that everyone's so fond of throwing money at now. It's pretty annoying.

JanpriX

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Buy The F*cking Dip

There's been a new trend in ICO now called Casino ICOs and I'm currently unaware of the benefit that it will provide to its investors in the long run. to answer your question, I would say that it is better to invest it in a casino bankroll. I have a friend who invested in a casino bankroll and he is earning quite decent from it. But, don't forget that you are still vulnerable to losses especially when a lucky player hit some jackpot spin from your bankroll. The chance of it is quite low but it is a possibility. You could also invest small amounts to casino ICO as long as the team backing it has good record. Just try it and see for yourself if it will be profitable for you. Either way, both investments will have its risks.

ethereumhunter

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Quote from: newblog on November 03, 2017, 08:32:04 AM

I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

yes i think you are correct because i am investing too in gambling site and until now its give me additional money without i am playing gambling. i only wait for a week until they release the payment so i can see the amount is adding into my account. i think its works for me but sometimes the house get loss but its not for a long time because after that the house is always win back the money so my investment is back to increase.

BillCoin

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There is an huge difference between the two.

When you invest in a casino, it means that you are taking a part in a centralized casino, you trust the casino to take the right house edge( which makes the casino to always win at the long run), and you are getting paid for other people that loses funds in the casino.

When you invest in a gambling ICO, it is just like investing in any other ICO, if it becomes successful and the platform works, you are about to make massive gains.
Usually gambling ICOs aim to provide decentralized platform for the users, unlike casino.

JL421

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Caaino ico are mostly for new casino i have noticed most casino who raise funds are the newer ones who further use those for developing the actual casino. With ico you get tokens which can be traded so you share profit as well as trading profits. Investing in a casino bankroll is same like normal investment you share the losses also but here mainly your profit depends on trading price

marlboroza

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Quote from: newblog on November 03, 2017, 08:32:04 AM

I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

I don't think so.
When you invest directly into bankroll you don't have to do much math, you know exactly how much shares you have.

When you invest in ICO you don't know anything until ICO ends, and there are too many factors. For example, if total token supply is 10000 tokens and you buy one token, no one else buy and owner decide to burn rest of them then you will hold 100% shares of that site but if you buy 1 token and owner decide to keep 9999 tokens for himself then you will own 0.01% shares.
ICO can be scam, project can fail, not enough money raised and owner disappear with money.
If project become big it can bring you good profit and you could sell tokens for higher price.
There are to many IF's during ICO.

If you are not sure, you can always wait for ICO to end, see how casino is doing and then buy tokens from exchange, and that would be in my opinion the same as direct investment in casinos bankroll because you know all important info's.

Oilacris

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Quote from: newblog on November 03, 2017, 08:32:04 AM

I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

If you do like to see short term profits then i would go for gambling project ICO specially on those sites who had already proven their reputation.Just like being said above about bitdice they did have a successful ICO and for those who did invest did really get some decent profits for a short period of time but investing on gambling site bankroll isnt really bad either.It might be small on monthly basis but really good for long term.

Juggy777

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Quote from: Barbut on November 04, 2017, 06:29:37 AM

Casino icos are new for us. I invested in bitdice ico and I was in their twitter bounty, I expect some tokens from that too. What is better time will tell, I think that icos will be better for long term holding then investing in bankrolls. If you are a token holder you will have some benefits from that, I know about bitdice cause I seen thei plans, I don't know do others have similar programs. Their token is already on HitBTC, you can trade with that and it's like casino is on stock market. I like this idea more then directly investing in casino bankroll, but we will see what will happen as I said, this is new and working only couple months.

Yes you made a very good decision Bitdice ico was simply the best ico to hit the market, event when there was a ban on ico, it continued to make money, op you're doing ico you really need to study a lot if you go for a ico many countries are banning them, and many turn a scam, you need to really study them, their reputation. Ico are risky but good ico can give you good returns. Bank roll you'll have to find a really good casino again. I would recommend you to check on Bitdice to check which earnings opportunity are there. Other casino's I don't use, so can't recommend.

SyGambler

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guess who's back

in terms of percentage profit both investing directly and participating in ICO are the same
the difference is that when you participate in an ICO you are converting your bitcoins to another token , this token may go down on value and it may go up
so basically you need the price of the token to at least be stable

while in normal investing options it's easy to opt our whenever you want and you get your bitcoins or your preferred coin that you invested

so in my opinion ICOs are riskier , but this can mean more profit of course

South Park

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Quote from: newblog on November 03, 2017, 08:32:04 AM

I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

The biggest difference is that if you participate in an ico you are going to get tokens and if the casino does fine then your tokens are going to gain value and then you can sell them to obtain profits that you will not obtain in several years by being part of the casino bankroll so I prefer this new model over the old one.

PokerDiceMan

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casino ico is good project, trusted site can big profit in fast time, sample edgeless and bitdice
if bankroll investment long project, must choose good gambling site, sample crypto-games.net

keenjester

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It's the same but only was different about the profit. The casino ICOs investing will be more profit but the risk is more higher than casino bankroll . Anyway, i suggest you to go for the casino bankroll investment .

bering

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i think i have to agreed with you that investing at the casinos bankroll will more profitable for long term because you will get steady profit share depend on your amount of investment especially if you're investing at the casinos which have plenty active players with automatically those casinos will have good profit but on ICO although there was several ICO project had succesfully but there is no guarantee those ICO coin will provide you good profit because some of ICO coin eventually became an dead coin because had lack of interest

lite

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Quote from: newblog on November 03, 2017, 08:32:04 AM

I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

You can invest in both i guess, 1 BTC into ico tokens(betking/bitdice) and 1 BTC directly into crypto-games/yolodice. both type of investment have their own advantages and disadvantages. i personally like ico tokens.

ralle14

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Investing directly on a casino's bankroll is my preferred type of investment because you're just letting your btc sit on their site at the same time slowly gaining more with the house. If you don't want to sell your bitcoin/altcoin this is the way to go. I have no experience with ICOs so i'm slightly biased with my answer.

Also one difference between these two is that the profit distribution for token holders are weekly afaik and for the bankroll investment it's only a few minute to an hour

Barbut

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Casino icos are new for us. I invested in bitdice ico and I was in their twitter bounty, I expect some tokens from that too. What is better time will tell, I think that icos will be better for long term holding then investing in bankrolls. If you are a token holder you will have some benefits from that, I know about bitdice cause I seen thei plans, I don't know do others have similar programs. Their token is already on HitBTC, you can trade with that and it's like casino is on stock market. I like this idea more then directly investing in casino bankroll, but we will see what will happen as I said, this is new and working only couple months.

MinerHQ

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I prefer to invest in ICOs only if they already proved that they are doing a good business means if any exciting casino wants to go to ICOs then I may consider investing in those casinos but if some new casino comes up with ICOs then I will not invest in those casinos.

My investments are more in bankrolls and I can check profit and losses whenever I want.

newblog

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I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?

Topic: Any difference in investing casino ICOs and casino bankroll investments? - page 2. (Read 435 times)