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Topic: Casinos with option to invest? - page 3. (Read 1804 times)

legendary
Activity: 1050
Merit: 1005
August 08, 2015, 06:10:48 AM
#4
I have invest to dice crypto-games.net (my signature)  Grin and for now i have earn with all crypto (btc, doge, litecoin and dash)

arallmuus can tou explain better the funcion of moneypot investment please?

ps. why you have write to micro font "Disclaimer : I am a bit biased on this "  Grin
legendary
Activity: 1792
Merit: 1283
August 08, 2015, 06:09:38 AM
#3
I'd like to find some more casino's that have the option to invest besides gambling.

Here is a nice compilation list of all great gambling site by Nico http://dicesites.com/, some has the invest option

Suggestion would be investing in moneypot  Wink

Disclaimer : I am a bit biased on this

Does anyone have experience with this and how much would you generally make on an investment like that?

It totally depends on the amount you invested as well as the kelly criterion . When you are investing in a gambling sites, you are supporting a percentage of the house loses as well as getting percentage of the house profit.
Assuming that you are using a 1x kelly criterion in investing and supporting 5 % of the bankroll that means your risk is 1x of it but if you choose 2x kelly criterion then you are risking double of that

For more information on kelly criterion : https://en.wikipedia.org/wiki/Kelly_criterion
Wow, thanks for the effort, yeah I had already found a small list on http://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html but http://www.dicesites.com has some really nice stats on investing I see.

The kelly criteron looks like it's an essential read when investing in a gambling site, will certainly look into that before actually investing.
legendary
Activity: 2562
Merit: 1414
August 08, 2015, 06:03:36 AM
#2
I'd like to find some more casino's that have the option to invest besides gambling.

Here is a nice compilation list of all great gambling site by Nico http://dicesites.com/, some has the invest option

Suggestion would be investing in moneypot  Wink

Disclaimer : I am a bit biased on this

Does anyone have experience with this and how much would you generally make on an investment like that?

It totally depends on the amount you invested as well as the kelly criterion . When you are investing in a gambling sites, you are supporting a percentage of the house loses as well as getting percentage of the house profit.
Assuming that you are using a 1x kelly criterion in investing and supporting 5 % of the bankroll that means your risk is 1x of it but if you choose 2x kelly criterion then you are risking double of that

For more information on kelly criterion : https://en.wikipedia.org/wiki/Kelly_criterion
legendary
Activity: 1792
Merit: 1283
August 08, 2015, 05:49:58 AM
#1
I'd like to find some more casino's that have the option to invest besides gambling.
Does anyone have experience with this and how much would you generally make on an investment like that?
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