Topic: Bustadice vs DiceBet Leveraged Investment Returns - Recorded Weekly - 0.6BTC! - page 2. (Read 564 times)

yeah ok I have never invested in anything outside of gambling sites personally and the returns have been good. However I cannot compare them to p2p lending.

So bustadice charge all new investors a 1% dilution fee that goes to all previous investors. It is a bit annoying but if you are a long term investor it will almost definitely be made back and then some.

You will find a better explanation of offsite investment on their site but I just think of it as leverage. I am basically getting a bigger exposure to the profit and loss of the site but they call it offsite investment as opposed to leverage.

DiceBet is currently up from the 0.3BTC I put in, so you might be reading it wrongly. Here is a screenshot taken right now of the investment there:

Excellent! I was looking for something similar to this. I have some idle bitcoins which I want to invest and gambling is the one sector which I am exploring currently. I have tried to invest in p2p lending sites like btcjam and btcpop, but never got back my initial return as borrower's simple ran away with the money.

However, from what I see in the pictures, that you are actually making losses in both investments. Also as you have mentioned your onsite investment in Bustadice is now 0.28 btc as against 0.3 btc you have invested and you are actually making a loss.

Also can you guide me on what is offsite investment? I see you have more than one bitcoin as offsite investment which is not generating any profit for you. Is it like you are holding the funds with them but didn't move it to an active investment. Am I correct?

Sorr for too many questions, but I am an absolute newbie in such investments, so trying to understand more about the option.

I have been investing for years now in crypto casino bankrolls and recently publicly recorded the results for the last few years. I think everyone here knows it well enough for me not to have to explain how it all works (You can see the old bitcoin talk investing thread here).

The first year I had great returns, basically up over 50% on average on a Bitcoin basis. The second year was very poor on a bitcoin basis, this was due to the ICO investments in crypto casinos doing very poorly and the normal investments in bitcoin bankrolls giving really low yields (less than half the previous years).

The sites accepting investors is only growing and the established casinos bankrolls are inflated compared to the wagering that is going on in my opinion. So to get a bigger exposure this year I will be investing in DiceBet who allow the biggest investor leverage option (50x) and I will also be investing in Bustadice - the site that week in and week out gets the biggest amount of wagers for any dice site around. Hence the reason this is called Bustadice vs DiceBet!

I will once again try to record the weekly investment returns and graph them (updated graph will be in this first post and at the latest posts). 

The investments will are a total of 0.6BTC as per below:

- Bustadice 0.3BTC at max leverage

- DiceBet 0.3BTC split in three different leverage levels:

0.1BTC at 50x leverage (max)
0.1BTC at 25x leverage
0.1BTC at 10x leverage

When a few weeks have passed I will get a good graph up.

Below are screen shots showing the investments that I have put into these sites today.

Bustadice 0.3BTC Initial Investment



DiceBet 0.3BTC Initial Investment



There is a lot more risk this year in terms of investing in less sites and not getting diversity, plus the leverage amount is very high!

Regardless of how it all goes I will be recording it all weekly.