Topic: Casinos with option to invest? - page 2. (Read 1808 times)

Definitely a good advice, but I have found that I have suffered more of a loss due to one of the places I invested in, not being legit. I have had more success investing all my funds only on one site rather than multiple sites.

Just to make it clear, you can't invest in a particular moneypot casino but rather invest in the global moneypot bankroll, which all players at moneypot are betting against. Keep in mind it's quite a high risk investment, much more so than doing a <= 1x kelly at any other place.

That said, I think a huge mistake people make is trying to find, and invest in only the "best" place. There's so many things that can go wrong (lucky whale, malicious operator, operator error, operator getting hit by a bus, bitcoin crashing etc.) that to put more than say 1% of your net worth into such a scheme would be reckless. What I think is a good idea is to find multiple independent schemes, which you believe are +EV and allocate your funds accordingly. It's a lot more work, but you can transition from gambling-investor to investor =)

Thanks for sharing your experience, 2 - 8% is actually pretty decent, makes it worth it for me put invest a little in an established reputable casino.
And you're right about it being important to choose the right casino to invest with.

I was also wondering if it would be safer to invest in a moneypot casino than it is to invest in a casino that's independent?

With the data on my site I would also estimate the monthly return between 2-8% on average. I agree with Coef that it is a very high return and personally I have gained a very decent amount of money by investing in casinos.

However, remember, choosing the casino to invest in is not only about the potential/estimated profit, but also about trusting the site. For example dice.ninja stole ~2k BTC from the investors. Newer site Cryptocoins-dice.com stole 150 BTC. Ice-Dice.com also stole investor funds (I am not sure how much.) And there are many other sites that scammed their investors. Potentially they might not even steal all your funds directly, but just pretend to be winning players and steal from you completely unnoticed.

Investing in casinos can be rewarding but it is definitely not without risks.

How do you get 91%? 1.06^12 = 2.012, which is how I got 101% p.a. 

It is true that the profit rate wouldn't be very stable as it depends on the wagered and players' luck, but still the return rate should be better most of the investment opportunities out there.

Investing in a gambling site is like investing in the house which has an edge, so if you consider short term it land either in profits or loss. But in the long terms would profit almost certainly. But yes the risk of the operator taking away the money is always there.

Would be more around the 91% figure, but I really don't think any of the casino sites have been able to keep that percentage to be constant.

Many casino accept investor but i dont know is profitable or not if you try to invest in one site. Because they offer is too low and i think too risk if you invest your money in casino online. I mean is same you send money to other person and you dont know who they are

If you are able to get 6% profit every month, you will be getting 101% profit per annum with compounding (ie. reinvesting all your investment profit), which is in fact a very high return rate. I can't think of any legit investment in bitcoin or in USD that can give me such a return rate.

No problem


It is essential because you absolutely dont want to get yourself burned of using a high kelly criterion


I saw that amiry answered this already but he got a few point wrong on this. The investment used a generalized kelly criterion which only allow 1x kelly at the site and the bankroll in moneypot serves as a whole bankroll for all the apps there which means that you cant invest in a specific site but you can only invest in the bankroll as an equity. Your profit / lost would be based on how many percentage of the bankroll that you own because it is just 1x kelly

More references : https://www.moneypot.com/faq


Because I am a moneypot enthusiast though there are some other good options to invest as well so that opinion is kinda biased


Because someone doesnt have the funds to start their own casino as well as to bankroll the site. Goodthing that there is moneypot right now


To begin with, 90 % of the gambling sites around here is pretty much "illegal"


It totally depends on the wagered volume so basically if you are investing in a site with low volume you can expect only a slight changes on the profit ( theoretically ) because most sites has an edge of 1 % so that means each 100 BTC wagered would only give the site 1 BTC profit ( more or less ) so if you observed it from a low volume site then there isnt any much changes


Wrong, moneypot is merely a "gambling wallet" and also a project that enable everyone to have their own gambling site without risking anything

its like a 51% sure of profit into the invest into a casino but don't get you more than 6% per month in my ruff estimated experienced numbers there's some good

Thanks for the reply amiryaqot
i have always understand moneypot is a "bank" for other casino. For now i have invest in single casino or dice

Yeah sure, but that's just a matter of doing your research before you choose to invest. I was just saying that there is a big difference between investing in a casino and building your own.
The latter would honestly be near impossible for a lot of people.

My experience about investments?

Its not worth it if you like only own a little % of the bankroll like. Just observe the profits of the sites and I think its been months and little have changed.

That is your opinion what you think about to invest in casino but that is not like that to give money any unknown person and there are so many trusted casino owner around who are offering legit invest option, investment can be risky if any player won big amount than you can lose your money there.

The only problem of investment on dice or casino, is the dev of site, can close site and scam all bitcoin, because the casino, to the long terms, win always

Ofcourse it is difficult to own a maintain a Casino but what he meant was, when it comes to investing the first thing people look for is trust in the company they're going to invest in and which is why Moneypot, Just-dice etc are the Casinos you'll most likely see people investing in, many Dice/Casinos have ran away with investor's funds in the past, therefore people don't trust the new sites too fast.

Why would you not build up your own casino?
Seems like a massive undertaking, not to mention the regulations you'd have to deal with.

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

What function you want to know about investment in moneypot?
that question is a little bit confusing as you already invested in gambling site so all gambling sites works same but it is most important thing is bankroll what that site so moneypot will work like other but it depends on your investment and Kelly selection what you choose there for your investment.

Haha, I have the same signature, hadn't even noticed that they had an investment option
Gotta check it out, and maybe I could even invest using my sig earnings and possible referral earnings.