Bitcoin Gambling Investments - page 46.

1BitcoinMillionaire

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Quote from: tee-rex on November 29, 2016, 10:19:56 AM

Quote from: Helix61be on November 29, 2016, 09:53:51 AM

Quote from: tee-rex on November 29, 2016, 06:45:45 AM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

And what was true for a shorter time frame turned out to be even truer for a longer time frame. Crypto-Games appears to be a long run winner even if BetKing's profits are higher all-in-all. They seem to have a pretty large bankroll and a lot of small to middle capitalized players coupled with good bankroll management. What is their max bet to bankroll size ratio?

It would be interesting to evaluate this parameter among casinos.

This is from the cryptogames thread

Quote from: DogecoinMachine on August 30, 2016, 02:47:55 PM

Better have only 0.5% maximum win of bankroll than 10% or even 90% with kelly system. It's called safe bankroll management.

This. And it seems to be the most contributing factor to the consistency of their profits. Better safe than sorry, if that is ever applicable to the house itself. What about other casinos and their bankroll management systems? Does anyone know their maximum allowed bet or win? Methinks, it is possible to develop a strategy of evaluating how safe it is to invest in a certain casino by looking at these figures.

Need to do some simulations and this could be worked out. Looking at it pragmatically 0.5% seems like the winning model so far...

tee-rex

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Activity: 742

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Quote from: Helix61be on November 29, 2016, 09:53:51 AM

Quote from: tee-rex on November 29, 2016, 06:45:45 AM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

And what was true for a shorter time frame turned out to be even truer for a longer time frame. Crypto-Games appears to be a long run winner even if BetKing's profits are higher all-in-all. They seem to have a pretty large bankroll and a lot of small to middle capitalized players coupled with good bankroll management. What is their max bet to bankroll size ratio?

It would be interesting to evaluate this parameter among casinos.

This is from the cryptogames thread

Quote from: DogecoinMachine on August 30, 2016, 02:47:55 PM

Better have only 0.5% maximum win of bankroll than 10% or even 90% with kelly system. It's called safe bankroll management.

This. And it seems to be the most contributing factor to the consistency of their profits. Better safe than sorry, if that is ever applicable to the house itself. What about other casinos and their bankroll management systems? Does anyone know their maximum allowed bet or win? Methinks, it is possible to develop a strategy of evaluating how safe it is to invest in a certain casino by looking at these figures.

Helix61be

member

Activity: 87

Merit: 10

Quote from: tee-rex on November 29, 2016, 06:45:45 AM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

And what was true for a shorter time frame turned out to be even truer for a longer time frame. Crypto-Games appears to be a long run winner even if BetKing's profits are higher all-in-all. They seem to have a pretty large bankroll and a lot of small to middle capitalized players coupled with good bankroll management. What is their max bet to bankroll size ratio?

It would be interesting to evaluate this parameter among casinos.

This is from the cryptogames thread

Quote from: DogecoinMachine on August 30, 2016, 02:47:55 PM

Better have only 0.5% maximum win of bankroll than 10% or even 90% with kelly system. It's called safe bankroll management.

Quote from: DogecoinMachine on November 21, 2016, 04:50:33 PM

Maximum winning amount on single bet at dice is now 5 BTC!

BlackBaron

sr. member

Activity: 643

Merit: 263

#SWGT PRE-SALE IS LIVE

Investing in gambling site is indeed risk I think, it was like playing gambling itself
even most profit in gambling site become positive in long run but there is any a risk too
What Im afraid is the site become scam it happen on me once

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

And what was true for a shorter time frame turned out to be even truer for a longer time frame. Crypto-Games appears to be a long run winner even if BetKing's profits are higher all-in-all. They seem to have a pretty large bankroll and a lot of small to middle capitalized players coupled with good bankroll management. What is their max bet to bankroll size ratio?

It would be interesting to evaluate this parameter among casinos.

Nivir

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Activity: 868

Merit: 506

Quote from: retrocoingames on November 29, 2016, 04:37:31 AM

Quote from: raaajlucky on November 28, 2016, 01:56:36 PM

Quote from: marlboroza on November 28, 2016, 01:20:43 PM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit?

Superb presentation mate, your chart will impress many gamblers to invest their money in gambling sites. I will refer your thread if anybody asks any question regarding Investment. Yes since last few months the Betking and Crypto games are giving good profit.

This is a brilliant plot of it all! Bravo

Wow! This is a perfect presentation along with OP's weekly updates. With Betking's planned sale and returning all investments on the 30th of December, I expect casino investors to flock to other sites most especially Crypto-Games. Although starting December 1, Crypto-Games will also start to change the investors winnings share from 80% to 70% so they can have more fund for promotions. Someone from Crypto-Games mentioned that investors can actually earn more since aggressive promotions means more people playing.

retrocoingames

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Activity: 491

Merit: 500

Quote from: raaajlucky on November 28, 2016, 01:56:36 PM

Quote from: marlboroza on November 28, 2016, 01:20:43 PM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit?

Superb presentation mate, your chart will impress many gamblers to invest their money in gambling sites. I will refer your thread if anybody asks any question regarding Investment. Yes since last few months the Betking and Crypto games are giving good profit.

This is a brilliant plot of it all! Bravo

hua_hui

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Activity: 1386

Merit: 1016

Quote from: marlboroza on November 28, 2016, 01:20:43 PM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit?

Bitvest has shown quite positive result so far and of course, there will be one big winner here and there so the OP is just unlucky to invest at the wrong time. give it some time and you will see that the chart will go back to green with the house edge.

adi33

hero member

Activity: 630

Merit: 500

RealistaToken.com

whether, if someone wants to invest in a gambling site could take profit at any time ?. for example, today I berivenstasi 1 bitcoin. and tomorrow get a profit of 1%. 1% is what can be taken that day?

pooya87

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Activity: 3472

Merit: 10611

Quote from: Positid on November 27, 2016, 02:21:06 AM

Quote from: pooya87 on November 27, 2016, 01:58:45 AM

Quote from: crazyivan on November 26, 2016, 07:48:31 PM

These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

yes that is what i meant when i said it is pure luck.
you can take a look at this topic and read the 32 pages (or look at the chart in this page) to understand what i really mean when i say you can not predict it. there have been good gambling sites that had lost money like bitvest and there have been sites like betking that earned a huge amount. and that is only because they are provably fair and anyone can get lucky and win a big amount or lose a big amount the same way.

you will be successful if you look at the long term.

romero121

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Activity: 3234

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casinosblockchain.io

Investing into bitcoin gambling will be effective when the gambling amount as well the website chosen for investing is successful. Importantly more websites were generated due to the increasing number of gamblers. Scams with small name variation leading to great cheating has been continuing.

raaajlucky

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Activity: 532

Merit: 500

Quote from: marlboroza on November 28, 2016, 01:20:43 PM

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit?

Superb presentation mate, your chart will impress many gamblers to invest their money in gambling sites. I will refer your thread if anybody asks any question regarding Investment. Yes since last few months the Betking and Crypto games are giving good profit.

marlboroza

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Activity: 1932

Merit: 2272

Quote from: Red-Apple on November 28, 2016, 12:04:12 PM

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Nice chart, crypto-games seems to be most safest to invest, very stable line. Bitvest hm what to say, very big max win is allowed for plinko, but math should work for long run. If you invested in all those sites it should be something around hm..10% profit?

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: Nivir on November 26, 2016, 01:24:22 PM

Quote from: Red-Apple on November 26, 2016, 11:32:35 AM

I had some free time and i went ahead and made the chart that i meant above.
I believe this is much more informative than just having the chart for total profit:

[i m g]https://i.imgur.com/PbRDvAK.jpg[/img]

p.s. i could not continue past week 10 since new casinos were added and the investment amount was changed.

Great chart. Thanks for the time to share. By the way you can make the updates and even add those new site and additional investments thru gains percentaging. This way you can clearly identify the gains/loss per site as there were added amounts at Safedice.

great suggestion, i changed the x axis from profit to percentage and i could add the rest and also include the change in investment from 1 to 1.75 which happened in safedice

I liked the results myself too, you can see this way that the purple line (crypto-games) looks to be the best one so far in this 3 months. and bitvest although being a shot time the worst.

Herbert2020

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Activity: 1946

Merit: 1137

Quote from: MinerHQ on November 27, 2016, 09:29:18 PM

Quote from: hua_hui on November 27, 2016, 06:36:59 PM

Quote from: mrcash02 on November 27, 2016, 05:18:26 PM

Quote from: Positid on November 27, 2016, 02:21:06 AM

Quote from: pooya87 on November 27, 2016, 01:58:45 AM

Quote from: crazyivan on November 26, 2016, 07:48:31 PM

These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

No, gamblers always play until their last cent. Most people gambling will lose their money, we see all the time the house is making more profit than gamblers. If the players had a chance to make more profit than the casino, no one would like to be a casino owner. Only few lucky guys can make profit on casino and exit with more money than they came.

That is why it's better to invest on the casino bankroll, guaranteed profit (but not much anyway).

You are wrong. The profit is not guaranteed. In fact, the risk of profit is quite high for casino. However, with high risk, it come with high rewards too. Although the house edge is only 1%, the profit can be quite impressive. Someone already have got 35% profit just by investing for 3 months.

Don't just consider the highest profit site but overall profit from those sites is about 15% for last four months. 15% for four months is quite good profit, and they are in this good situation just because they diversified into few sites otherwise, some of them are -30%.

OP is investing in multiple sites to leave a review for us on all the sites, we who are seeing this from outside can choose the only ones that are performing well over time to invest, you don't really have to invest in multiple places. i think crypto-games has been the most stable one so far with consistent profitability and betking has been the most volatile

because it has gone up and down a lot.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: MinerHQ on November 27, 2016, 09:29:18 PM

Quote from: hua_hui on November 27, 2016, 06:36:59 PM

Quote from: mrcash02 on November 27, 2016, 05:18:26 PM

Quote from: Positid on November 27, 2016, 02:21:06 AM

Quote from: pooya87 on November 27, 2016, 01:58:45 AM

Quote from: crazyivan on November 26, 2016, 07:48:31 PM

These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

No, gamblers always play until their last cent. Most people gambling will lose their money, we see all the time the house is making more profit than gamblers. If the players had a chance to make more profit than the casino, no one would like to be a casino owner. Only few lucky guys can make profit on casino and exit with more money than they came.

That is why it's better to invest on the casino bankroll, guaranteed profit (but not much anyway).

You are wrong. The profit is not guaranteed. In fact, the risk of profit is quite high for casino. However, with high risk, it come with high rewards too. Although the house edge is only 1%, the profit can be quite impressive. Someone already have got 35% profit just by investing for 3 months.

Don't just consider the highest profit site but overall profit from those sites is about 15% for last four months. 15% for four months is quite good profit, and they are in this good situation just because they diversified into few sites otherwise, some of them are -30%.

15% is already good enough if you are going to invest and you will get that for four months. You are even lucky enough to get that percentage of profit in a gambling site because there are some who are just earning 1% monthly and there are some who don't because that is depending to the profit of the gambling site.

harizen

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Activity: 3122

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For support ➡️ help.bc.game

Quote from: hua_hui on November 27, 2016, 06:36:59 PM

You are wrong. The profit is not guaranteed. In fact, the risk of profit is quite high for casino. However, with high risk, it come with high rewards too. Although the house edge is only 1%, the profit can be quite impressive. Someone already have got 35% profit just by investing for 3 months.

"Someone" so basically it's not the majority thing that will happen to every bankroll investors because if does then we can saw many gamblers here claiming that investing in a gambling site bankroll is really interesting.

And yes high risk comes with high rewards that's why to be able to see some good profits out of investing in a gambling sites bankroll, we need to put some decent amount. Since it's long term investment make it worth. Putting small or average amount to consider will not bring an investor to a decent profit even they have to wait for many years while their idle coins is on a certain gambling site.

STT

legendary

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Are these royalty shares for these sites or actual share ownership of the site. I had royalty shares in the past and saw them gain 300% before going to zero.

The graph at the front has both lines referencing the same thing I guess, the difference being the current exchange rate I guess. I thought initially it was implying normal dollar investments but of course dollar has no yield though you could compare to SP500 I guess

MinerHQ

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Activity: 1456

Merit: 1023

Quote from: hua_hui on November 27, 2016, 06:36:59 PM

Quote from: mrcash02 on November 27, 2016, 05:18:26 PM

Quote from: Positid on November 27, 2016, 02:21:06 AM

Quote from: pooya87 on November 27, 2016, 01:58:45 AM

Quote from: crazyivan on November 26, 2016, 07:48:31 PM

These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

No, gamblers always play until their last cent. Most people gambling will lose their money, we see all the time the house is making more profit than gamblers. If the players had a chance to make more profit than the casino, no one would like to be a casino owner. Only few lucky guys can make profit on casino and exit with more money than they came.

That is why it's better to invest on the casino bankroll, guaranteed profit (but not much anyway).

You are wrong. The profit is not guaranteed. In fact, the risk of profit is quite high for casino. However, with high risk, it come with high rewards too. Although the house edge is only 1%, the profit can be quite impressive. Someone already have got 35% profit just by investing for 3 months.

Don't just consider the highest profit site but overall profit from those sites is about 15% for last four months. 15% for four months is quite good profit, and they are in this good situation just because they diversified into few sites otherwise, some of them are -30%.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: mrcash02 on November 27, 2016, 05:18:26 PM

Quote from: Positid on November 27, 2016, 02:21:06 AM

Quote from: pooya87 on November 27, 2016, 01:58:45 AM

Quote from: crazyivan on November 26, 2016, 07:48:31 PM

These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

No, gamblers always play until their last cent. Most people gambling will lose their money, we see all the time the house is making more profit than gamblers. If the players had a chance to make more profit than the casino, no one would like to be a casino owner. Only few lucky guys can make profit on casino and exit with more money than they came.

That is why it's better to invest on the casino bankroll, guaranteed profit (but not much anyway).

You are wrong. The profit is not guaranteed. In fact, the risk of profit is quite high for casino. However, with high risk, it come with high rewards too. Although the house edge is only 1%, the profit can be quite impressive. Someone already have got 35% profit just by investing for 3 months.

Topic: Bitcoin Gambling Investments - page 46. (Read 47248 times)