Topic: 🌟Bitvest🌟 ▌Invest In A Gambling Site - page 6. (Read 17087 times)

what is the maximum profit for a player or max risk of the Bank Roll  right now according to Invested (Real) and Invested (Margin)

Yep i'm pretty sure everything on the site is pretty well documented.
we haven't had any issues since the launch of anyone feeling they aren't getting what the site says they are.
On every lose a gambler makes 99.45% of everything go's to investors unless the bet is so low that they can't get a fee of 0.55%.
But on the lose of investors to gamblers the site makes nothing, only on the lose of gamblers.

Full profits can be seen on the stats tab, an more detailed info here https://bitvest.io/charts

Are you sure about this "The rest of the bet go's fully to investors so every bet 99.45% of all loses go to investors." ? 

New update for investment tab:


You can now compare based on a 5 btc lose how much you would get based on your investment.

Roulette has finally been launched for any of the investors who keep track of this post.

Bitvest only has like 30 investors most the profit was made around 30-40 btc invested.
Most of it has been made since February not October an the lack of profit is do to lack of user interest.
Bitvest was more worried about building a higher quality product then massive profits.
An many of the investors who joined at the start i'm pretty sure cleared 100% on their investment doubling it.

As for margin based investments, the limits go up an down there is no way to win that much, first big hit the limits drastically change.
I'm talking about oh you can win 14 btc they hit it well now you can only win 4 btc because the massive drop.
In the short term you might lose some but its no where close to 90% they will hit edge before that happens as the gi go's down so does the amount they can win at one time.

Also the house edge is 1.7 not 1.8 the house splits it as 1.15 to investors an 0.55% to site an only on gamblers loses.
The rest of the bet go's fully to investors so every bet 99.45% of all loses go to investors.

I would advise not investing in Bitvest.io. They do not portray how much of a cut they take from investors anywhere on their site, in fact you need to locate their bitcointalk thread to find that.


House edge: 1.8%
Their cut: 0.65% of every bet wagered
True HE for investors: 1.15%

Now for margin. They allow margin investing, sounds like it would be a benefit for investors... Well it isn't. Because just about every investor utilizes it (meaning your % share of the bankroll does NOT increase, thus your profits do not grow bigger). What this does is open you up to dangerous variance. Such as the bet on April 26 on Bitvest that wiped out over 15 BTC of the real invested amount (or 15% of the total bankroll). Another site that operated this was was SafeDice... Which got hammered and lost over 90% of the user's bankroll from a single dice shot.


This site also has low volume. 2800 total wagered is nothing, especially for a site that has been open this long. Less volume = less profit for investors.

Well loses are already like that, but now there is a another game a whole wider ranger of gamblers that would likely play.
Over the next few months more games will be added, but they all will have the same funding source the main investment.
So higher the investment higher the limits go, bitvest allows margins to allow the limits to go higher hoping to gain more profits.
So if the main investment takes a hit the limits on all games will go down, reducing loses that can be taken.

In theory its impossible to lose 100% of your investment, the more investors that join the less you will likely lose on big loses since all loses are shared between everyone.
Based on users cut of the pot, is based how much you lose or gain so how fast you will gain, you can choose up to 500% margin.
The higher your cut the faster you are likely to hit that 500% of your investment.

This means potential winnings will be dispersed over the entire pool. The same for wages lost, right?

Profit update:

More games coming
Roulette is coming to Bitvest! This is just the beginning too, we're going to bring all of your favorite casino games to Bitvest over the coming months.
They'll all be up to our high standards. Stay tuned for news on upcoming games.

Note to investors:
There will be a single investment pool used across all of our games, any currently active investments are part of this pool, we are posting this in advance to let you know of exactly how the new investment terms are, and giving you an opportunity to modify your investments before the changes are made.  

For Plinko, there will be no changes. Your income and commission will be unchanged and calculated as usual. This applies to all current and future investments.

For Roulette, we will be using the same fee structure as we do for Plinko. This will result in an average of 1.833% of the total amount bet going to investors. Due to the more favorable to the house odds of Roulette, this should improve your expected investment income over being just invested in Plinko alone, and should also overall reduce investment risk. In effect, your investment on Roulette will be treated nearly exactly the same in terms of risk levels and commission as compared to Plinko.


Please feel free to ask any questions you may have,
Good luck and have fun everyone!

Im doing good an you?

Yes fully agree. I believe I had visited the bitvest some time ago, but that time I was using other competitive web to spent time and some btc.
But this game is much quicker and after seeing the invest opportunity, I had to try it. Will see how it works with few mBTCs.

What I see is active mod ... how are you doing SparkedDev? keep up the good work ... and crazyivan (who sound like high class investor) sniffing around. To me this looks promising.

How many investors are there in total so far? Also, what stops u from running away with our money should we invest? Not trying to FUD u, always ask these questions.

Well we always welcome new investors to the site.

This is awesome I love your site! I'm going to try invest a small amount and see how it goes.

Profits are up:



Global invest is now up to 508 btc.

Investment just went up 13 btc woot raising the global invest to 455btc. Limits have gone up a bit.

Profits climbing fast after that big blow to the investors