Gambling investment is zero sum - page 3.

avatar_kiyoshi

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Quote from: milewilda on March 28, 2017, 11:15:44 PM

Quote from: michaelch on March 28, 2017, 11:06:28 PM

Investing in casinos sounds like a better choice in my opinion, compared against gambling. If what you're after is ROI for your money.

Investment on casinos would be always the best choice when you are longing for profits but expect ROI would really be longer compared on playing gambling *snip*

Investing in casino is same as you playing gambling itself, there's no valid profit (it's means your profit depends on how much people lose), need a lot capital because your funds will drained become zero and you need to often check your balance of investment. I have tested out with low amount, I think it's not worth if you have low or decent funds to invest.

Ayers

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Quote from: swogerino on March 29, 2017, 05:00:44 AM

I think the OP means not to invest in a casino bankroll. He is asking why you guys keep playing when the best will be you get 0% ROI or you lose your investment of bitcoins by playing with them. I play for fun also but my main concern is to make any profit. Unfortunately until now I am only losing to slot machines and I think I need to quit before I become addicted.

When you invest in a casino you get a cut of the profits of the casino.

you play because of luck, there is always the chance to win the jackpot and get everything back and much more, everyone who gamble only play for that unlikely chance to win the plot size, there is no other reason to play any casino and there is no roi in gambling, it's just luck, you can get everything now or lose forever

maydna

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

this is not true because i make investment in yolodice and i think its work and other people that makes investment in yolodice is got their profit too with the investment programs. making investment in bitcoin gambling is actually can profit but i think its only for long term to get our ROI, but if you think that you can get in short term, then i think you are wrong. and if you want to make investment in bitcoin gambling, then i suggest you should use free bitcoin that do not use for any purpose then you can invested.

FlightyPouch

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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 is obvious that the gambling site or the casino must have some profit so you can also gain some money out of your investment or these gambling site or casino. That's why we need to review carefully where we to put our investments. I also suggest not to invest all of your money if you are just a beginner, try to invest a little to test it out.

Being careful is not really bad, it is really a way to earn money slowly but surely.

lionheart78

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

Considering the house has to profit, this means it is safer to invest in house bankroll. With all the house edge and the reckless betting of the players. There is more chance of getting positive return if we invest in the casino bankroll. As my statement say, I go not for fun but rather to get profit from the game. And the better way to do this is investing in the house bankroll.

swogerino

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I think the OP means not to invest in a casino bankroll. He is asking why you guys keep playing when the best will be you get 0% ROI or you lose your investment of bitcoins by playing with them. I play for fun also but my main concern is to make any profit. Unfortunately until now I am only losing to slot machines and I think I need to quit before I become addicted.

When you invest in a casino you get a cut of the profits of the casino.

Golftech

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Quote from: Ipwich on March 29, 2017, 03:19:08 AM

Quote from: iv4n on March 29, 2017, 01:23:14 AM

Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

Its not always zero or negative sum, did you think about that? And just fun or a little more depends from bankroll in my case, more bigger in this case means more serious gambling. I don't need to go to physical casino when I have all the games on internet and I can play what I wish how much I wish without any bothering.
House always win, and few others, I gamble cause I like it and cause I have good wins from time to time.

Winning is possible but admittedly I lose in the long run, that's just the only reality that we cannot deny as we have already proven that despite how we work hard to win. You cannot beat the system that's why it's wise to gamble only in a short period of time, you could be lucky sometimes so follow your instinct when in gambling and keep pushing your luck up to your limit.

Maybe winning for sometime is already a great accomplishment on our part as winning is really hard so that depends on us if we will still risk and look for better return.

well its true, when gamble its always have a big chances to lose your money in the long run maybe that's the edge for those who knows how to control, the more you can quit in the right time the the bigger chances that you will able to win some profits.

Ipwich

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Quote from: iv4n on March 29, 2017, 01:23:14 AM

Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

Its not always zero or negative sum, did you think about that? And just fun or a little more depends from bankroll in my case, more bigger in this case means more serious gambling. I don't need to go to physical casino when I have all the games on internet and I can play what I wish how much I wish without any bothering.
House always win, and few others, I gamble cause I like it and cause I have good wins from time to time.

Winning is possible but admittedly I lose in the long run, that's just the only reality that we cannot deny as we have already proven that despite how we work hard to win. You cannot beat the system that's why it's wise to gamble only in a short period of time, you could be lucky sometimes so follow your instinct when in gambling and keep pushing your luck up to your limit.

Maybe winning for sometime is already a great accomplishment on our part as winning is really hard so that depends on us if we will still risk and look for better return.

iv4n

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

Its not always zero or negative sum, did you think about that? And just fun or a little more depends from bankroll in my case, more bigger in this case means more serious gambling. I don't need to go to physical casino when I have all the games on internet and I can play what I wish how much I wish without any bothering.
House always win, and few others, I gamble cause I like it and cause I have good wins from time to time.

Ziskinberg

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

milewilda

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Quote from: michaelch on March 28, 2017, 11:06:28 PM

Investing in casinos sounds like a better choice in my opinion, compared against gambling. If what you're after is ROI for your money.

Investment on casinos would be always the best choice when you are longing for profits but expect ROI would really be longer compared on playing gambling but thinking off on the risk involved investment does have the edge.If i really do have the money to invest i will surely do the thing rather than on gambling itself because i feel like im just donating my money.

michaelch

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Investing in casinos sounds like a better choice in my opinion, compared against gambling. If what you're after is ROI for your money.

btcloi78

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Gambling investments is negative sum because odds offered by gambling sites is not fair.
Always you will bet for low odds .If you want to bet on same option like odds or even on soccer you will lose everytime 3-5% of your bankroll (this is sure profit for house).

SparkedDev

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Just how many times are these same threads going to be made over and over again.
They really need to put in a rule that stops posting the same thread over and over again.

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Quote from: avatar_kiyoshi on January 05, 2017, 04:36:41 PM

Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

Looks like you have wrong definition here, gambling is not investment, it's just for fun.
I wonder why still a human think gambling as investment Undecided

unless you investing in house, your profit is otherwise than you play gamble, investing in house also considered as gambling, the house will not always won, you probably lose.

bitcoin gambling is not investment, bitcoin gambling is only playing games with bitcoin as a bet inside. but investment is we put our money with the house or with the company and we expecting to get profit with them. so i think you are wrong if you said gambling investment is zero, this is just my opinion and i think there are many people which make investment with the house and make a good profit.

passwordnow

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

Gambling investment is zero or negative sum, considering the house has to profit.

No, it is not a zero or negative sum and that's how gambling investment is working and getting profit with their house edge. It is a business you know, a gambling site will not be established just to give the gamblers free money and entertainment.

Quote from: metalbean on January 04, 2017, 06:31:19 PM

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'm actually making it as both, investment instrument and instrument for having fun.

Golftech

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Quote from: Meycell on January 06, 2017, 12:24:27 AM

Quote from: metalbean on January 04, 2017, 06:31:19 PM

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 for fun , i am not use it as invesment ..

well you are lucky if you just playing just for fun as we knew that gamblers played for money and sometimes they intend to use big capital to role in order for them to earn good profits might be the reason why OP saying its a investment, having an attitude like this with self control will free you up from becoming gambling addict.

Kevin77

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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.

By considering the consistency and frequency of making profits from gambling, no wise man will accept gambling as investment instruments.

But I just get few questions :
A gambling house owner will prefer to gamble in his own gambling house to make profits ?

If you have invested into a gambling site's bankroll then you are shareholder and you are one of the owners. In that case what will be your preferences just staying away from gambling (like considering only profits from investments are enough) or simply keep trying for profit making by playing gambling too ?

I believe for both investors and non-investors (into bankroll), gambling activities can not be an investment option.

Meycell

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Quote from: metalbean on January 04, 2017, 06:31:19 PM

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 for fun , i am not use it as invesment ..

roadbits

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Quote from: n0ne on January 05, 2017, 11:38:38 PM

When it comes to gambling, profit is the major concern. You need to be a pro gambler else need to be the luckiest one to gain good profit. Other than this to be successful, users prefer to invest on the gambling house. The reason is that house will always profited high than the users. Only a countable number of users prefer gambling for the purpose of fun and excitement.

Yup you are right only limited people play gambling just for fun and entertainment. Remainng all play for money. But I gambling success rate is very less. If you are lucky then only it possible it may be slot games or skill games you should be lucky to make a profit in gambling. But investing is not like that here the profit chance is high, but we need huge investment to make a profit.

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