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Topic: Gambling investment is zero sum - page 2. (Read 1997 times)

hero member
Activity: 2996
Merit: 609
April 04, 2017, 05:04:52 AM
#72
Actually, I assume the OP is just talking about putting money into gambling sites rather than investing in them.  In this case, people generally just do it because they find gambling enjoyable (possibly due to the thrill of the possibility of earning more money even if it is unlikely and they know it). 

I would agree, according to some science, there is also an adrenaline pump when you are very much into the odds of where you are betting. It also contains addictive drugs that the body execretes like some nicotine or caffeine. In internet gambling it's not really that thrilling cause sometimes u made no investment to it except your time.
Theres no investment shall we say but wasting your precious time is really a big No for me.Its really normal for our body to react on that situation and thats right it secretes chemicals which are similar to those things you mentioned which would really make us addicted.Investing on gambling is more wiser than putting up money completely on gambling sites.
sr. member
Activity: 546
Merit: 250
April 04, 2017, 02:48:04 AM
#71
Actually, I assume the OP is just talking about putting money into gambling sites rather than investing in them.  In this case, people generally just do it because they find gambling enjoyable (possibly due to the thrill of the possibility of earning more money even if it is unlikely and they know it). 

I would agree, according to some science, there is also an adrenaline pump when you are very much into the odds of where you are betting. It also contains addictive drugs that the body execretes like some nicotine or caffeine. In internet gambling it's not really that thrilling cause sometimes u made no investment to it except your time.
hero member
Activity: 3052
Merit: 685
April 04, 2017, 02:38:38 AM
#70
Actually, I assume the OP is just talking about putting money into gambling sites rather than investing in them.  In this case, people generally just do it because they find gambling enjoyable (possibly due to the thrill of the possibility of earning more money even if it is unlikely and they know it). 
But they will realize in the end that it gives more chance to earn when investing than in gambling, if there aim is just to enjoy and does not seek for a long term profit then I would say gambling is suitable for them. Most investors are those who are really serious with their venture and they put up a decent amount of investment because they know the return is not quite big and it takes time to arrived your expectations of profit target.
hero member
Activity: 546
Merit: 500
April 04, 2017, 12:58:36 AM
#69
Actually, I assume the OP is just talking about putting money into gambling sites rather than investing in them.  In this case, people generally just do it because they find gambling enjoyable (possibly due to the thrill of the possibility of earning more money even if it is unlikely and they know it). 
hero member
Activity: 1218
Merit: 557
April 04, 2017, 12:17:38 AM
#68
Well I do not know if some one does it for investment purpose. If that is the case then he does not know finance and its investment purpose to be true. Casinos obviously have house advantage and they exist to make profit for themselves and not to do social service by making everybody rich who play in casinos.

It needs to be done just for fun and entertainment and nothing else.
hero member
Activity: 798
Merit: 500
April 03, 2017, 01:24:14 PM
#67
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.
I am confused that you are talking about the investment in gambling sites or you are talking about the playing games with money. If you are talking about the investment in sites then it is not zero in all sites you just have to invest in established sites especially in those sites which will have a full pledged advertising from their side. While playing games is only for fun.
hero member
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April 03, 2017, 11:59:10 AM
#66
Depends on the casino rules, few of them takes small amount of your profit when invest at their bankroll. However, it's less risky since the house usually makes profit thanks to house edge.
The real problem isn't about fee when invest or whether they make profit or not, but whether that casino is trustable or not.
Of course usually casino takes some fee from your profit, but some of them not and you said it correctly. Well, main problem is fair investment because everyone knows that when you have control on server, it's possible to always win any bet, for example if total profit was 100 btc, owner can to play and make lose of any number of bitcoins. For example owner can to make lose of 30 bitcoins and that means profit for investors will be that 70 bitcoins, not fully 100 bitcoin.
hero member
Activity: 1302
Merit: 540
April 03, 2017, 10:37:20 AM
#65
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.
It's not called gambling investment when you are not getting a profit from gambling, it is only for fun or maybe you consider a gambling house as charity since you love donating your money. The only way I can call gambling as investment is by putting my money in an online casino's bankroll and I know they win all the time so I'm also profitable and investment makes sense then.
But both options have nearly the same risk, however it is still safer if you choose to invest in the site you gamble gambling than that in an instant can give you a loss.
well that's right placing your money into the bankroll will give you chances to win since the house have that advantage for having the system but it will take time before you can get those earnings while risking your money and play inside the house if you got lucky you can earn instant but high risk is really needs to consider.
legendary
Activity: 1176
Merit: 1001
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April 03, 2017, 10:23:23 AM
#64
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.
It's not called gambling investment when you are not getting a profit from gambling, it is only for fun or maybe you consider a gambling house as charity since you love donating your money. The only way I can call gambling as investment is by putting my money in an online casino's bankroll and I know they win all the time so I'm also profitable and investment makes sense then.
But both options have nearly the same risk, however it is still safer if you choose to invest in the site you gamble gambling than that in an instant can give you a loss.
hero member
Activity: 3052
Merit: 606
April 01, 2017, 08:47:52 PM
#63
I only gamble for fun now. I tried dice with different betting strategies for a while but found out through experience that no strategy works for me.
I'm glad to see you realize it early, there is really no strategy in a luck based game because it is purely based on luck, you might win or lose and that happens all the time but in the end you will still lose overall. In a game based on luck, it is usually fun like we see in dice games, I find it fun because you can select odds and the result are fast and if you are lucky you have a chance to win big. I guess we are just after of winning big and it's possible in dice but never think you can do it constantly because it's never possible.
hero member
Activity: 1008
Merit: 510
April 01, 2017, 08:41:16 PM
#62
I only gamble for fun now. I tried dice with different betting strategies for a while but found out through experience that no strategy works for me.
sr. member
Activity: 448
Merit: 250
April 01, 2017, 03:36:53 PM
#61

Gambling is an illegal doing but many of us use it to make a profit. If we use the gambling to earn money I think that the earn money is easy to consume then it wil back to zero. Or if they succes to become reach I think you have no time for your family or our family will lost in our life. Since it gives fun for who are involve but it have bad influence.

hero member
Activity: 2912
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April 01, 2017, 01:04:00 AM
#60
Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.
i am agree with this but we need to selected the trusted investment site because if we are choose with random then the chance for us to make profit is none and we should not get anything in that investment. there are so many good sites in gambling and without know what is the best site, then we only make deposit without knowing when we can get our ROI. its fine to make small profit as long as that profit is stable for a long term so we can still make profit.
Moneypot is a trusted site but their investors profit is still at negative. In selecting a bitcoin casino to invest you always need to check their stats and how they handle the investor's money. There's also a lot of factor that affects an investment because not everyone invest at the same time so don't expect the profits would be the same with a previous investor.

i agree with this and i think its still worth if we can found good site in moneypot list so we can trying to invest with them although the profit is not big amount. but if we have big money to invest, then i think we can go with the big sites like we can found in here and we can start to invest with them. beside that, for making investment, we need to wait for longer time before we can get our funds back because there is no investment that will give big profit in short time at least we need to wait more than 3 month to see our money is back.
hero member
Activity: 546
Merit: 500
March 31, 2017, 07:20:08 AM
#59
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.
Gambling investment usually means putting money into the house's bankroll.  If you're arguing that the house always wins then you're right, so if you're part of the house you'll win.  Bitcoin gambling sites are very good investments as they tend to give over half of their profits to bankroll investors.
klf
legendary
Activity: 1344
Merit: 1000
March 31, 2017, 05:07:51 AM
#58
Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.
i am agree with this but we need to selected the trusted investment site because if we are choose with random then the chance for us to make profit is none and we should not get anything in that investment. there are so many good sites in gambling and without know what is the best site, then we only make deposit without knowing when we can get our ROI. its fine to make small profit as long as that profit is stable for a long term so we can still make profit.
Moneypot is a trusted site but their investors profit is still at negative. In selecting a bitcoin casino to invest you always need to check their stats and how they handle the investor's money. There's also a lot of factor that affects an investment because not everyone invest at the same time so don't expect the profits would be the same with a previous investor.

Actually in moneypot, owners are not in a loss, but only investors are at a loss for quite some time. But recently I didn't check because I withdraw my fund's couple of months back itself. Their formula to distribute profit and losses somehow not so good for investor perspective. Hence while choosing casino for investments, one should check the recent history to get an idea.
legendary
Activity: 1134
Merit: 1010
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March 31, 2017, 04:58:42 AM
#57
Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.
i am agree with this but we need to selected the trusted investment site because if we are choose with random then the chance for us to make profit is none and we should not get anything in that investment. there are so many good sites in gambling and without know what is the best site, then we only make deposit without knowing when we can get our ROI. its fine to make small profit as long as that profit is stable for a long term so we can still make profit.
Moneypot is a trusted site but their investors profit is still at negative. In selecting a bitcoin casino to invest you always need to check their stats and how they handle the investor's money. There's also a lot of factor that affects an investment because not everyone invest at the same time so don't expect the profits would be the same with a previous investor.
moneypot is the worst and the weirdest place to invest your bitcoin in gambling related business.
logically one would expect it to be more profitable since there are lots more gambling games there and when the numbers grow the chance of house always winning becomes more and more but in this case history shows moneypot investors lose more money than they earn (at least last time i checked it was like this).
legendary
Activity: 3374
Merit: 1922
Shuffle.com
March 31, 2017, 04:52:02 AM
#56
Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.
i am agree with this but we need to selected the trusted investment site because if we are choose with random then the chance for us to make profit is none and we should not get anything in that investment. there are so many good sites in gambling and without know what is the best site, then we only make deposit without knowing when we can get our ROI. its fine to make small profit as long as that profit is stable for a long term so we can still make profit.
Moneypot is a trusted site but their investors profit is still at negative. In selecting a bitcoin casino to invest you always need to check their stats and how they handle the investor's money. There's also a lot of factor that affects an investment because not everyone invest at the same time so don't expect the profits would be the same with a previous investor.
hero member
Activity: 812
Merit: 510
March 31, 2017, 04:42:56 AM
#55
No that's not true. If gambling sites were actually getting a loss then why will they even continue their site. And about the investments it is 10 times better than gambling because if you invest smartly then is easy to get a 4% return per year. If you still think gambling sites are in loss then please check out yolodice, it is a site started 4 months ago and now it itself is has a profit of 65 btc.
hero member
Activity: 2912
Merit: 556
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March 31, 2017, 04:19:19 AM
#54
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Yes when we invest in casino site we expected the casino to earn some profit and most of the time the casino did won, but of course not every time, and I never considered investment as fun things, i expected to earn some profit when i invest it, and for me casino investment has a higher chance of profit compare to other investment

Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.

i am agree with this but we need to selected the trusted investment site because if we are choose with random then the chance for us to make profit is none and we should not get anything in that investment. there are so many good sites in gambling and without know what is the best site, then we only make deposit without knowing when we can get our ROI. its fine to make small profit as long as that profit is stable for a long term so we can still make profit.
legendary
Activity: 1148
Merit: 1097
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March 30, 2017, 05:40:22 AM
#53
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Yes when we invest in casino site we expected the casino to earn some profit and most of the time the casino did won, but of course not every time, and I never considered investment as fun things, i expected to earn some profit when i invest it, and for me casino investment has a higher chance of profit compare to other investment

Casino investment is the most trusted investment site here on cryptoworld. It is tested because i invest on casino for over a year and i constantly received profit even though it is just a small percentage, I'm contented as long as my money was safe unlike to invest it on casino or to gamble it. I prefer to team up to the winning side.
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