Topic: Gambling investment is zero sum (Read 1999 times)

Quote from: BlockEye on March 30, 2017, 05:40:22 AM

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.

Yup, indeed the moneypot has the advantage that is good enough for all of us. Because the moneypot has plenty of options for investment we could use, but it does note that investment is not an easy job. Because investment requires a good precision, if we just follow the appetite without seeing the results of the analysis are there then everything will end in loss

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Quote from: Red-Apple on April 04, 2017, 07:14:05 AM

Quote from: Oilacris on April 04, 2017, 05:04:52 AM

Quote from: Yuhee on April 04, 2017, 02:48:04 AM

Quote from: Oilacris on April 04, 2017, 05:04:52 AM

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.

there are two very different things here though.
investing in gambling and investing in a gambling site.

the first one is obviously stupid, you should never invest in gambling. instead just play gambling games and have fun and try to enjoy the rush of betting and not knowing.

but investing in a casino bankroll or a gambling site is a real investment into a real business. and a good business at that. many of the casinos are currently very good and performing well enough to be profitable. But not all of them accept investment, though. but some of the bigger ones are returning a pretty nice profit each week.

Yes investing in gambling is just waste of money, here we will get only entertainment and sometimes we will make a profit. But investing in casino sites is worth, we can make money with this method. But to make money in investment, we need big bankroll, and it will improve slowly. But gambling is instant money. But profit is not sure either you may win or not depends on your luck.

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Quote from: Yuhee on April 04, 2017, 02:48:04 AM

Quote from: Golftech on January 07, 2017, 06:49:34 AM

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.

there are two very different things here though.
investing in gambling and investing in a gambling site.

the first one is obviously stupid, you should never invest in gambling. instead just play gambling games and have fun and try to enjoy the rush of betting and not knowing.

but investing in a casino bankroll or a gambling site is a real investment into a real business. and a good business at that. many of the casinos are currently very good and performing well enough to be profitable. but not all of them accept investment though. but some of the bigger ones are returning a pretty nice profit each week.

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Quote from: Meycell on January 05, 2017, 11:24:27 PM

Quote from: metalbean on January 04, 2017, 05:31:19 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.

most people presume that gambling is a way to fold the duplicate money, by conducting bets big money that will benefit them. but for the cloud/beginner gambling is a fun game place means for them. they certainly will be more craze in gambling until unlimited time, how to avoid it by way of doing positive things, never open there all gambling ...

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Quote from: Caladonian on April 03, 2017, 10:37:20 AM

Quote from: bajing on April 03, 2017, 10:23:23 AM

Quote from: Ziskinberg on March 28, 2017, 11:49:53 PM

Quote from: metalbean on January 04, 2017, 05:31:19 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.

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.

I know, home is definitely going to benefit but which makes people worry if they not get anything from they investment. it's a very reasonable thing occurred when the man wanted to invest, not only in gambling.

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Quote from: Yuhee on April 04, 2017, 02:48:04 AM

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.

Yuhee

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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.

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Quote from: metalbean on January 04, 2017, 05:31:19 PM

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.

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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).

bitcoinisbest

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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.

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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.

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Quote from: ?? on ??

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.

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Quote from: bajing on April 03, 2017, 10:23:23 AM

Quote from: Ziskinberg on March 28, 2017, 11:49:53 PM

Quote from: metalbean on January 04, 2017, 05:31:19 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.

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.

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Quote from: Ziskinberg on March 28, 2017, 11:49:53 PM

Quote from: metalbean on January 04, 2017, 05:31:19 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.

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.

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Quote from: aardvark15 on April 01, 2017, 08:41:16 PM

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.

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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.

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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.

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Quote from: BlockEye on March 30, 2017, 05:40:22 AM

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.

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Quote from: metalbean on January 04, 2017, 05:31:19 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.

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.

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Quote from: BlockEye on March 30, 2017, 05:40:22 AM

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.

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Quote from: BlockEye on March 30, 2017, 05:40:22 AM

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).

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