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Topic: Bitcoin Gambling Investments - page 27. (Read 47265 times)

hero member
Activity: 491
Merit: 500
February 24, 2017, 08:20:06 PM
How much risk is coingamblingreviews taking. After 6 months, he risked 5 bitcoins to have a return of more or less 1.5 bitcoins. That does not look bad at all. But what I want to know is is there a risk of losing all your investment in 1 casino in a short time? If he lost all his 1 BTC investment on Kingdice then that will be 2/3 of his 6 month profit lost.

It is not likely but possible. One of the example is moneypot. It acctually used to be the 1 of the first 5 casino that he invested. However, after a few months of bad result, he pulled it out and that is an extremely good move because moneypot continue to lose money and in another 2 more months time, it lose like 800btc. The profit fell from an all time high of 1400btc to 400btc.

I did not know that you can pull out your bitcoin from the investment at anytime. I thought the site locks your bitcoins for a specific period until you are allowed to withdraw them. Like a time deposit in bank.

If you can withdraw from the investment at anytime then the risk could be worth it, if not then you should opt for shorter time locks.

Only Crypto-Games will lock in your investment for some time (charging a small fee to pull out early). All other sites are basically instant.
legendary
Activity: 3122
Merit: 1492
February 24, 2017, 08:02:06 PM
How much risk is coingamblingreviews taking. After 6 months, he risked 5 bitcoins to have a return of more or less 1.5 bitcoins. That does not look bad at all. But what I want to know is is there a risk of losing all your investment in 1 casino in a short time? If he lost all his 1 BTC investment on Kingdice then that will be 2/3 of his 6 month profit lost.

It is not likely but possible. One of the example is moneypot. It acctually used to be the 1 of the first 5 casino that he invested. However, after a few months of bad result, he pulled it out and that is an extremely good move because moneypot continue to lose money and in another 2 more months time, it lose like 800btc. The profit fell from an all time high of 1400btc to 400btc.

I did not know that you can pull out your bitcoin from the investment at anytime. I thought the site locks your bitcoins for a specific period until you are allowed to withdraw them. Like a time deposit in bank.

If you can withdraw from the investment at anytime then the risk could be worth it, if not then you should opt for shorter time locks.
hero member
Activity: 2170
Merit: 530
February 24, 2017, 10:02:23 AM
Is the betking still good per month ? I want to invest my 2 bitcoin what is the best for you guys im going to split this into 4 investment or will choose only one investment to get my bankrole bigger? I want to risk it than playing it loosing this will give me pain in my heart.
legendary
Activity: 1470
Merit: 1002
February 24, 2017, 05:34:27 AM
How much risk is coingamblingreviews taking. After 6 months, he risked 5 bitcoins to have a return of more or less 1.5 bitcoins. That does not look bad at all. But what I want to know is is there a risk of losing all your investment in 1 casino in a short time? If he lost all his 1 BTC investment on Kingdice then that will be 2/3 of his 6 month profit lost.

It is not likely but possible. One of the example is moneypot. It acctually used to be the 1 of the first 5 casino that he invested. However, after a few months of bad result, he pulled it out and that is an extremely good move because moneypot continue to lose money and in another 2 more months time, it lose like 800btc. The profit fell from an all time high of 1400btc to 400btc.
legendary
Activity: 3122
Merit: 1492
February 23, 2017, 08:31:55 PM
How much risk is coingamblingreviews taking. After 6 months, he risked 5 bitcoins to have a return of more or less 1.5 bitcoins. That does not look bad at all. But what I want to know is is there a risk of losing all your investment in 1 casino in a short time? If he lost all his 1 BTC investment on Kingdice then that will be 2/3 of his 6 month profit lost.
hero member
Activity: 1470
Merit: 655
February 23, 2017, 07:33:54 AM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...

it is not designed this way! so it is not compensating anything.
you are investing in a highly risky business but since the house edge ins the favor of the house and also the fact the people are greedy in gambling and they all end up losing at some point means the house will win and when you invest in the house bankroll you win too.

but this is only for long term and honest house not in short term or for dishonest cheating houses that report wrong results to pay less or not pay.

It is not designed this way, but Bitcoin Gambling Investing is a free market economy. So newer sites incentivise people to come, CryptoGames initially had a better % for investors so arguable more went there. A smaller house edge could mean more volume (SafeDice) a smaller bankroll (KingDice) could mean bigger swings. Capital flows in Gambling investing sites is not completely chaotic and I believe there is some correlation between where people invest, versus returns and the risk profile. More chaotic than predictable but not 100% chaotic.

i think you may be making a mistake here.
first of all cryptogames has a low house edge (i think it was 0.8 or something like that) so by your logic it should have more volume not safedice. and gamblers don't go there because of the % they pay out they go there to play.

also what you said about bankroll size, it should not matter. the swings means so many different things happen each day. 1 day they are winning the other one they are losing. less swings and consistency means the casino is either winning (straight like upward slope) or losing (straight line downward slope).
and everything is a percentage.
if the casino has 100 bitcoin in its bankroll and loses that day the line comes down,
if the casino has 100000 bitcoin in its bankroll and loses that day the line still comes down
the first one comes down bigger and the second comes down smaller (smaller swing vs bigger one)
legendary
Activity: 1470
Merit: 1002
February 23, 2017, 07:11:04 AM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...

it is not designed this way! so it is not compensating anything.
you are investing in a highly risky business but since the house edge ins the favor of the house and also the fact the people are greedy in gambling and they all end up losing at some point means the house will win and when you invest in the house bankroll you win too.

but this is only for long term and honest house not in short term or for dishonest cheating houses that report wrong results to pay less or not pay.

It is not designed this way, but Bitcoin Gambling Investing is a free market economy. So newer sites incentivise people to come, CryptoGames initially had a better % for investors so arguable more went there. A smaller house edge could mean more volume (SafeDice) a smaller bankroll (KingDice) could mean bigger swings. Capital flows in Gambling investing sites is not completely chaotic and I believe there is some correlation between where people invest, versus returns and the risk profile. More chaotic than predictable but not 100% chaotic.

If you look at the short term, it can be very chaotic. Like there can be a drop in 10% of the bankroll due to a huge win. However, the math works well and through time, it should be able to recover and continue to grow from there. And some casino has already shown that the investment fund is growing at a very steady rate week after week.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 19, 2017, 11:37:36 PM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.

Difference is that the different bankrolls are growing, especially the ones of the new sites Wink

There are more chance to see a reduction in there monthly ROI
But that's still a nice profit Smiley
Yeah that is why I said if things remain constant and as we know that is the only thing in the universe that does not happen, he could end up losing money if luck turned against him because a whale won big or maybe he could multiply his earnings if a whale lose big.
full member
Activity: 170
Merit: 100
February 19, 2017, 08:29:27 AM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...

it is not designed this way! so it is not compensating anything.
you are investing in a highly risky business but since the house edge ins the favor of the house and also the fact the people are greedy in gambling and they all end up losing at some point means the house will win and when you invest in the house bankroll you win too.

but this is only for long term and honest house not in short term or for dishonest cheating houses that report wrong results to pay less or not pay.

It is not designed this way, but Bitcoin Gambling Investing is a free market economy. So newer sites incentivise people to come, CryptoGames initially had a better % for investors so arguable more went there. A smaller house edge could mean more volume (SafeDice) a smaller bankroll (KingDice) could mean bigger swings. Capital flows in Gambling investing sites is not completely chaotic and I believe there is some correlation between where people invest, versus returns and the risk profile. More chaotic than predictable but not 100% chaotic.
hero member
Activity: 714
Merit: 501
February 19, 2017, 05:13:35 AM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...

it is not designed this way! so it is not compensating anything.
you are investing in a highly risky business but since the house edge ins the favor of the house and also the fact the people are greedy in gambling and they all end up losing at some point means the house will win and when you invest in the house bankroll you win too.

but this is only for long term and honest house not in short term or for dishonest cheating houses that report wrong results to pay less or not pay.
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
February 19, 2017, 04:43:58 AM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.

Difference is that the different bankrolls are growing, especially the ones of the new sites Wink

There are more chance to see a reduction in there monthly ROI
But that's still a nice profit Smiley
full member
Activity: 170
Merit: 100
February 18, 2017, 10:27:14 PM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 18, 2017, 10:19:44 PM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.
full member
Activity: 170
Merit: 100
February 18, 2017, 10:16:47 PM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.

I think they are down to the better sites now so my guess is 10 BTC
full member
Activity: 170
Merit: 100
February 18, 2017, 10:15:54 PM
I'm surprised yolodice doesnt do better then thst. Maybe they had a huge winner recently or multiple winners since its below the red and actually losing money. You only had yolodice to a little while.

These investments look like some of the best I have seen and its a great idea.

Yolodice is doing really well when you look at their overall profits. Just that this investment has been short term
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 18, 2017, 07:56:08 PM
This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
hero member
Activity: 924
Merit: 501
February 18, 2017, 06:42:54 PM
I'm surprised yolodice doesnt do better then thst. Maybe they had a huge winner recently or multiple winners since its below the red and actually losing money. You only had yolodice to a little while.

These investments look like some of the best I have seen and its a great idea.
legendary
Activity: 2901
Merit: 1135
www.Crypto.Games: Multiple Games, Multiple Coins
February 18, 2017, 11:19:19 AM
KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool
Its called proper bankroll management to prevent huge swings even if highrollers starts playing. Currently we have 400 Btc wagered in last 24 hours, only on dice game and a max win lesser than 0.5% of bankroll.


OH Well, Congratulations!  Kiss
Also to you, keep up the good and hard work, it pays off sooner or later.
hero member
Activity: 491
Merit: 500
February 18, 2017, 10:22:17 AM
KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool

KingDice should also take some credit here - You have no leverage which is half the problem with some other sites!
Well kingdice is still not a good choice even there are a good changes in the chart..
I will still stay in crypto-games since they are already proven that you can get steady profit with no lose every month.
Like the other before that there is someone already tried to review about 4 website such as betking crypto games moneypot but he stay in betking and crypto games and until now crypto games still alive and making a good profit..

Can't put all your eggs in one basket Wink
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
February 18, 2017, 10:16:32 AM
KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool

KingDice should also take some credit here - You have no leverage which is half the problem with some other sites!
Well kingdice is still not a good choice even there are a good changes in the chart..
I will still stay in crypto-games since they are already proven that you can get steady profit with no lose every month.
Like the other before that there is someone already tried to review about 4 website such as betking crypto games moneypot but he stay in betking and crypto games and until now crypto games still alive and making a good profit..
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