Bitcoin Gambling Investments - page 70.

CasioK

hero member

Activity: 826

Merit: 1000

Quote from: hatshepsut93 on September 01, 2016, 09:17:15 PM

Crypto-games's bankroll increased dramatically over last few weeks, so we can expect to see lower profit/loss, unless wagered amount also increases (it also grows, but not as fast).

Though I respect all these sites and respect crypto-games but I think apart from moneypot there is no site where I would invest such huge amounts. I am very curious for results after 2 months because I also have some hard cash and would like to invest considering the profit goes good for OP

katrimans

hero member

Activity: 882

Merit: 500

Quote from: freedomgo on September 01, 2016, 03:36:25 AM

That is a big profit for 1st month, I did not expect you could generate that big amount. I was like, huh? Is this real, I think I like to follow your lead my man and will also invest like you do, having a great amount really brings your a good income in just a month.

The only problem with such huge investment is that suppose he makes 0.25 BTC profit from all other 4 sites while one site scammed him or turned scam completely then he will actually earn nothing and in most cases people end up loosing money instead when they calculate total.

fulgdenea

hero member

Activity: 700

Merit: 500

Gambling with own money is not good. If you can not afford to have own gambling site then it better to invest on some good site. In short term it can not be excluded to appear loss but on long term house is the winner. You can realize by thinking once you win you come back and everyone does so. Investing is good when you can let your money for some bigger period.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: babyjesusftw1 on September 03, 2016, 04:11:00 AM

This is an interesting idea, I have never really thought of taking some of my sportsbetting bankroll and investing it directly into gambling sites. Maybe I'll do some research of my own and try out the same experiment (albeit on a smaller scale).

Investing is really a great idea just go with the sites op has invested his money in, those sites are in the business for long time. good luck with your investments. Cheesy

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: mrkevio on September 01, 2016, 03:18:24 AM

That is such a great first month of investments! Now wait for the second one and see if MoneyPot and SatoshiDice will still give you negative profits. If yes, find another website to invest in (or just double your investments on two of them). Good luck!

That's the mistake people make friend, if moneypot gives yo loss today ( or this week ) then surely you will have good profit in coming weeks. Its not like, that gamblers on moneypot are lucky while gamblers on betking and satoshidice are unlucky and loos their money more. Its just a random profit mate, and I hope OP sticks with them all.

futurebit640

hero member

Activity: 910

Merit: 1000

Quote from: Nivir on September 03, 2016, 04:21:38 AM

Quote from: babyjesusftw1 on September 03, 2016, 04:11:00 AM

This is an interesting idea, I have never really thought of taking some of my sportsbetting bankroll and investing it directly into gambling sites. Maybe I'll do some research of my own and try out the same experiment (albeit on a smaller scale).

I have come to the idea of investing in gambling sites after I lost more in betting. If you can't beat them, join them. Cheesy

Would be nice if you can also share some of your research for comparisons.

Good thinking and realisation. As you already seen in this thread that not all casino investments are profits in the short term so you should remember to diversify and surely we can make some decent profits in the long run. You can start investing on these sites because they quite good list to start for any new investors.

sana54210

legendary

Activity: 3304

Merit: 1128

Quote from: iv4n on September 03, 2016, 01:22:36 AM

This s great list, this is something I have looking for. Thanks for this! You had mst profit on betking and crypto games, well this site's are favorite ones to people here, I mean from this list. They are popular and probably more players more chances for having some profit.
When I gather some money, first to stop gamble and save it a bit, investment in some casino will be first thing I will do. Its better to invest in some casino then in something else.

I agree I never made such huge income even with gambling so this is really awesome and the profits betking is giving him are tempting me to invest my money also. I don't know whether its safe to invest in safedice but I am sure its safe to invest in betking and moneypot. And in one year you will have best profits on betkign I think.

numanoid

legendary

Activity: 1890

Merit: 1148

Quote from: puremage111 on September 03, 2016, 03:39:36 AM

betking have a minimum deposit right?

yes, they are. if you mean about they have minimum deposit for investment, they already lowered the amount to 0.01 btc since some weeks ago, so i'm sure a lot of people can join. for further information, you can read on their official thread https://bitcointalksearch.org/topic/betkingio-20-rakeback-christmas-bonus-most-trusted-bitcoin-dice-site-910134

Nivir

hero member

Activity: 868

Merit: 506

Quote from: babyjesusftw1 on September 03, 2016, 04:11:00 AM

This is an interesting idea, I have never really thought of taking some of my sportsbetting bankroll and investing it directly into gambling sites. Maybe I'll do some research of my own and try out the same experiment (albeit on a smaller scale).

I have come to the idea of investing in gambling sites after I lost more in betting. If you can't beat them, join them. Cheesy

Would be nice if you can also share some of your research for comparisons.

babyjesusftw1

full member

Activity: 189

Merit: 100

This is an interesting idea, I have never really thought of taking some of my sportsbetting bankroll and investing it directly into gambling sites. Maybe I'll do some research of my own and try out the same experiment (albeit on a smaller scale).

freedomgo

legendary

Activity: 3248

Merit: 1160

Fully Regulated Crypto Casino

Quote from: puremage111 on September 03, 2016, 03:39:36 AM

betking have a minimum deposit right?

but the return seemms promising

I think they have but what matters is we have a big assurance that we can make profit in gambling, this is the only way to earn because most of the gambling are losing tons of money, so to take part even a small percentage of amount it is already a big achievement.

Nivir

hero member

Activity: 868

Merit: 506

Quote from: BitMaxz on September 03, 2016, 03:55:02 AM

Quote from: zend7 on September 03, 2016, 02:42:53 AM

It looks like investing into these bitcoin gambling site is a nice way to make additional profit. Imagine if you had invested more than 1 BTC in each of those sites, the winnings or the real profit should be even higher. Anyway for such short amount of time getting 0.07 btc from your investment in casinos without you doing nothing is a nice amount. I wish you to win many more and you are making me thinking, maybe its time to try this investments casinos for myself.

Did you tested it to invest in gambling site? i think for me it is risky to invest you are just gamble too if you invest in gambling site.. they are not giving a interest but they are just sharing profit once the gamblers are losing in their site..
This is not the same in investing in banks that you can sure make an interest every year..

Bank interests are way too low though. But yes you were right, investing in gambling sites are risky and you're like gambling yourself too as opposite to bank investments which is fully secured.

BitMaxz

legendary

Activity: 3374

Merit: 3095

BTC price road to $80k

Quote from: zend7 on September 03, 2016, 02:42:53 AM

It looks like investing into these bitcoin gambling site is a nice way to make additional profit. Imagine if you had invested more than 1 BTC in each of those sites, the winnings or the real profit should be even higher. Anyway for such short amount of time getting 0.07 btc from your investment in casinos without you doing nothing is a nice amount. I wish you to win many more and you are making me thinking, maybe its time to try this investments casinos for myself.

Did you tested it to invest in gambling site? i think for me it is risky to invest you are just gamble too if you invest in gambling site.. they are not giving a interest but they are just sharing profit once the gamblers are losing in their site..
This is not the same in investing in banks that you can sure make an interest every year..

puremage111

hero member

Activity: 1568

Merit: 511

betking have a minimum deposit right?

but the return seemms promising

zend7

hero member

Activity: 658

Merit: 501

Hackers please hack me .... if you can :)

It looks like investing into these bitcoin gambling site is a nice way to make additional profit. Imagine if you had invested more than 1 BTC in each of those sites, the winnings or the real profit should be even higher. Anyway for such short amount of time getting 0.07 btc from your investment in casinos without you doing nothing is a nice amount. I wish you to win many more and you are making me thinking, maybe its time to try this investments casinos for myself.

BillyBurns

sr. member

Activity: 429

Merit: 263

Quote from: BTCLovingDude on September 03, 2016, 01:33:36 AM

Quote from: JasonXG on September 02, 2016, 02:42:03 PM

Some of these are very good returns. They definitely worth it wow that first one was nice 7% nice. Just a quick work out for those who are wondering.

7.7+1.78+0.52=10.1%
-1.85-0.72= -2.57%

10.1% - 2.57% =

Total profit over one month = 7.53%
Not 1.48% I'm not even sure how you got that.

7.53/5 = 1.48%

Its not that great a return perhaps it will do better.

you are making lots of mathematical mistakes.
for the first week in OP:
- total of percentages are 7.44%
- total profit is 0.07422BTC
- to calculate the profit you have to consider the amount not the total of percentages. so it is 1.48% indeed.
- also you can't extrapolate this data to make a conclusion about a month.

Totally agree well played sir

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

Quote from: JasonXG on September 02, 2016, 02:42:03 PM

Some of these are very good returns. They definitely worth it wow that first one was nice 7% nice. Just a quick work out for those who are wondering.

7.7+1.78+0.52=10.1%
-1.85-0.72= -2.57%

10.1% - 2.57% =

Total profit over one month = 7.53%
Not 1.48% I'm not even sure how you got that.

7.53/5 = 1.48%

Its not that great a return perhaps it will do better.

you are making lots of mathematical mistakes.
for the first week in OP:
- total of percentages are 7.44%
- total profit is 0.07422BTC
- to calculate the profit you have to consider the amount not the total of percentages. so it is 1.48% indeed.
- also you can't extrapolate this data to make a conclusion about a month.

iv4n

legendary

Activity: 3248

Merit: 1179

This s great list, this is something I have looking for. Thanks for this! You had mst profit on betking and crypto games, well this site's are favorite ones to people here, I mean from this list. They are popular and probably more players more chances for having some profit.
When I gather some money, first to stop gamble and save it a bit, investment in some casino will be first thing I will do. Its better to invest in some casino then in something else.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: Superhitech on September 03, 2016, 12:11:43 AM

Quote from: fullypak on September 02, 2016, 05:52:23 PM

Quote from: Superhitech on September 01, 2016, 10:38:17 PM

Quote from: fullypak on September 01, 2016, 09:49:01 PM

Quote from: Dr.Osh on September 01, 2016, 02:58:32 AM

Quote from: coingamblingreviews on September 01, 2016, 02:15:42 AM

So we wont be able to post the fourth week this weekend, so here it is a bit early:

Nice first month!

So, this is what we waiting for, profits in the first month about 0.33894. I think you should take the investment from two sites that not give nice profits and increase the capital on the anothers sites. Higher capital would give bigger profits then, I hope you get bigger profits next month.

But you should remember that the past profits of casinos are just for our reference and there is no guarantee that they will give you same or better or bad profits next month also. But I feel, can give another couple of months time to see these sites will perform because overall still in profits so can take this risk to continue with it.

Yes, that is very true, however, like I said in a past post, the upward/downwards trends will follow for a bit. This solidifies my theory, as this evidence shows that the sites OP profited from in the first week, continued to profit for the rest of the month.

It's probable that they will change in the future, but for next few weeks they should follow the trend. This was only a theory I presented, but now the evidence shown seems to solidy it. Hope that this will help some people!

The point I stressed in my earlier post is there is not guarantee that the past performance either will continue for next few weeks or more or less in gambling profits because it all depends on whether gamblers want to continue gambling on that site and lose money for investors to make a profit. Next week they may give a negative profit if anyone wins big amount and this we can't predict based on old history.

You have very good points, but I think that upward/downward trends are there, you just don't know when they are going to change in the other direction. For example, if someone lost some money, he might keep playing in the next few days, trying to get it back while actually losing the rest of his money.

However, there is the possibility he might win and run with the money, but he is likely to try and win more.

Let's watch the results in this thread, I am eager to keep watching!

From the beginning, the only site Betking is improving his profit every week. But I am not sure this will continue next week also. If anybody wins big amount in single shot means this is also going down. Rest of all sites is going up and down. 4 weeks investment 5 BTC profit 0.3BTC, this much risk needed to make this profit.

Superhitech

legendary

Activity: 1064

Merit: 1000

Quote from: fullypak on September 02, 2016, 05:52:23 PM

Quote from: Superhitech on September 01, 2016, 10:38:17 PM

Quote from: fullypak on September 01, 2016, 09:49:01 PM

Quote from: Dr.Osh on September 01, 2016, 02:58:32 AM

Quote from: coingamblingreviews on September 01, 2016, 02:15:42 AM

So we wont be able to post the fourth week this weekend, so here it is a bit early:

Nice first month!

So, this is what we waiting for, profits in the first month about 0.33894. I think you should take the investment from two sites that not give nice profits and increase the capital on the anothers sites. Higher capital would give bigger profits then, I hope you get bigger profits next month.

But you should remember that the past profits of casinos are just for our reference and there is no guarantee that they will give you same or better or bad profits next month also. But I feel, can give another couple of months time to see these sites will perform because overall still in profits so can take this risk to continue with it.

Yes, that is very true, however, like I said in a past post, the upward/downwards trends will follow for a bit. This solidifies my theory, as this evidence shows that the sites OP profited from in the first week, continued to profit for the rest of the month.

It's probable that they will change in the future, but for next few weeks they should follow the trend. This was only a theory I presented, but now the evidence shown seems to solidy it. Hope that this will help some people!

The point I stressed in my earlier post is there is not guarantee that the past performance either will continue for next few weeks or more or less in gambling profits because it all depends on whether gamblers want to continue gambling on that site and lose money for investors to make a profit. Next week they may give a negative profit if anyone wins big amount and this we can't predict based on old history.

You have very good points, but I think that upward/downward trends are there, you just don't know when they are going to change in the other direction. For example, if someone lost some money, he might keep playing in the next few days, trying to get it back while actually losing the rest of his money.

However, there is the possibility he might win and run with the money, but he is likely to try and win more.

Let's watch the results in this thread, I am eager to keep watching!

Topic: Bitcoin Gambling Investments - page 70. (Read 47248 times)