GAMBLING SITE INVESTMENT - page 28. | Bitcointalksearch.org

bisdak40

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Quote from: Yatsan on May 27, 2020, 10:43:56 AM

This is the update for Yolodice:

This is my total profit for:

BTC: 0.00207044
USD: 137.18
PHP: 6,999

For the amount of time that your investment is seating in there, Yolodice is better of the two but it's not advisable to withdraw your investment for now as the fee is high for Yolodice withdrawal, 0.002++ for instant and 0.001++ for not so instant

.

One thing that i have learned in this kind of investment, you have to make it long term, a year or more would be good and the amount must also be substantial just like what the OP have invested. Might not be a big profit in terms of btc but it's the volatility of BTC that might bring the fortune for us.

KTChampions

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Quote from: Yatsan on May 27, 2020, 10:43:56 AM

~

Thanks for the statistics. I was always interested to look at the results from a real investor. Do you have any target level (by profit or investment term)? I will follow your reports with interest.
As I understand it at the moment, if you take the profit (in dollars), then it is insignificant compared to the volatility of bitcoin price.

ChuckBuck

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Once again, Yolodice shows that it is a more worthwhile place to invest than Bustadice. If you follow up all the week, Yolodice seems always give you better profits than Bustadice Cheesy

BTC price is down slightly, but I think it will increase next week, you can be profitable there. After all, you still not lose this week. It's great news Cheesy

Yatsan

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So here's my update for week7!!

This is the update for bustadice:

This is my total profit for:

BTC: 0.00044497
USD: 107.84
PHP: 5,509

This is the update for Yolodice:

This is my total profit for:

BTC: 0.00207044
USD: 137.18
PHP: 6,999

Here's the spreadsheet:

TOTAL PROFIT WEEK1 - WEEK7

BTC: 0.00251541
USD: 245.02
PHP: 12,508

This week is not that good, the bitcoin price goes down and the bustadice profit got dumped also.
Yolodice is still doing fine.

What are your thoughts this week? Grin

Tytanowy Janusz

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Quote from: Fundamentals Of on May 26, 2020, 08:51:13 AM

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

If you take a loot at this from statistic point of view it does not matter how you play. Going all in is as risky as martingale and any other system (in fact all in is the best system that gives the best risk/reward ratio). The only thing that is sad in going all in in single bet is quitting game before starting to enjoy it. Especially if it's done by surprise.

Quote from: examplens on May 26, 2020, 05:53:55 AM

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

It's as risky as holding funds on exchange. Even safer because "from the programmer side" casino code is much simpler than exchange code.

Globb0

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Is only a relatively recent addition.

KTChampions

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Quote from: Globb0 on May 26, 2020, 04:43:50 PM

I find that extra click extra annoying because I am an all in kind of guy. I go for about 3 or 4 all ins after I get to 3kish if you hit it then I start a more elegant system from there

With this style of play, this extra click can really be annoying. But most likely it is assumed that the player does not go all-in very often and this click is a good protection against a random bet. Perhaps it would be more correct if there was an opportunity to disable this protection.

Globb0

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Quote from: FatFork on May 26, 2020, 02:34:12 PM

Quote from: Fundamentals Of on May 26, 2020, 08:51:13 AM

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

As far as I know, most casinos have extra confirmation when you go 'all in'. At least the more popular ones have it. I agree, this is a must because it can easily happen that you accidentally click on the max bet.

I find that extra click extra annoying because I am an all in kind of guy. I go for about 3 or 4 all ins after I get to 3kish if you hit it then I start a more elegant system from there

FatFork

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Quote from: Fundamentals Of on May 26, 2020, 08:51:13 AM

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

As far as I know, most casinos have extra confirmation when you go 'all in'. At least the more popular ones have it. I agree, this is a must because it can easily happen that you accidentally click on the max bet.

Fundamentals Of

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Quote from: ChuckBuck on May 26, 2020, 08:36:33 AM

Quote from: examplens on May 26, 2020, 05:53:55 AM

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

I can understand if a casino is hacked Cheesy

It is a danger that any casino is wary. But what about inside their team? I do not understand? What are you talking about inside their team? Can you say more about this? I really don't understand what you mean here Cheesy

It would be great if we put everything in one click and we win with it Cheesy

but I'm more greedy than yahoo62278, I'll bet x10 there Tongue

He is saying theft inside the team. An inside job in other words, stealing from within. There is no recent huge incidence comes to mind in line with this but this happens in the past. Inside theft is sort of common among companies, projects, etc.

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

ChuckBuck

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better everyday ♥

Quote from: examplens on May 26, 2020, 05:53:55 AM

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

I can understand if a casino is hacked Cheesy

It is a danger that any casino is wary. But what about inside their team? I do not understand? What are you talking about inside their team? Can you say more about this? I really don't understand what you mean here Cheesy

It would be great if we put everything in one click and we win with it Cheesy

but I'm more greedy than yahoo62278, I'll bet x10 there Tongue

examplens

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Quote from: ChuckBuck on May 26, 2020, 12:53:18 AM

Quote from: btcltcdigger on May 26, 2020, 12:46:12 AM

Ok, let me correct myself then
Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

LoL Don't be so serious Tongue

I just want to have some fun Cheesy

I wonder if there have been any casinos in this space going bankrupt? We always talk about the risks that can occur when we invest in a casino. So, have any casinos gone bankrupt before?

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

ChuckBuck

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better everyday ♥

Quote from: btcltcdigger on May 26, 2020, 12:46:12 AM

Ok, let me correct myself then
Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

LoL Don't be so serious Tongue

I just want to have some fun Cheesy

I wonder if there have been any casinos in this space going bankrupt? We always talk about the risks that can occur when we invest in a casino. So, have any casinos gone bankrupt before?

btcltcdigger

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Quote from: ChuckBuck on May 26, 2020, 12:42:59 AM

Quote from: btcltcdigger on May 25, 2020, 12:35:47 PM

It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always wins.

I think you're wrong here. In terms of winning or losing, every chance of appearing the numbers in casinos is fair. Means the winning rate between the player and the house is the same. There is no difference (for reputable casinos). Fairness is evident in their algorithms. However, the profits of the casinos come from the cost of the house edge that players have to pay them every time the player places a bet. It doesn't matter if the player wins or loses, the winning rate is the same, but the house has the advantage because the player has to pay them every time they place a bet. It is not wining, it is fixed profit Cheesy

Ok, let me correct myself then

Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

ChuckBuck

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better everyday ♥

Quote from: btcltcdigger on May 25, 2020, 12:35:47 PM

It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always wins.

I think you're wrong here. In terms of winning or losing, every chance of appearing the numbers in casinos is fair. Means the winning rate between the player and the house is the same. There is no difference (for reputable casinos). Fairness is evident in their algorithms. However, the profits of the casinos come from the cost of the house edge that players have to pay them every time the player places a bet. It doesn't matter if the player wins or loses, the winning rate is the same, but the house has the advantage because the player has to pay them every time they place a bet. It is not wining, it is fixed profit Cheesy

btcltcdigger

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Quote from: Globb0 on May 21, 2020, 05:09:20 PM

Quite a few people are coming here and gushing how great it is.

Honestly I still have some serious tingling spider-sense around this type of investment. This thread hasn't won me over. The 4% a year of freebitco.in is low risk. Probably way safer.

It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always wins.

Lanatsa

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Quote from: Nellayar on May 25, 2020, 09:23:26 AM

At first I thought that OP told about gambling as an investment. Investment in terms of gambling our money. But when I read the first thread and I amazed that OP really talked about investment just like IEO. This is the first time to hear that there is an investment in bustadice and yolodice. Well, I think I should conduct a research more regarding with this topic.

Gambling your own money cant really be considered investment in the first place and you should have put it up into your mind.
You can call it investment when you do put up money with the house itself or being part of it where you do get % earnings
on what they do earn in a course of time.

There were lots of sites wayback before that do accept investment but did already closed doors since they do already established
or accumulated enough bankroll to support bigger wins incase their player hits up the pot.

This is a good thread that do shows that investing on gambling sites do really give out returns, might not be big but a considerable
passive income which is way more better than putting up your money in a bank. hehe

Nellayar

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At first I thought that OP told about gambling as an investment. Investment in terms of gambling our money. But when I read the first thread and I amazed that OP really talked about investment just like IEO. This is the first time to hear that there is an investment in bustadice and yolodice. Well, I think I should conduct a research more regarding with this topic.

freedomgo

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@Arcas, maybe you have to make more research about gambling site investing, this is not a scam investment program that offers profit on a daily basis, 3-5% is not possible here, OP was already in week 6 and yet his total profit was only over 3%.

Botnake

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Quote from: Arcas on May 24, 2020, 08:57:38 PM

Hong long your investment gambling site is running and how much percentage of result from your investment,

OP is not promoting his site, he is investing on a certain site, it's 2 sites currently, you can check the OP.
In terms of percentage, you can also check in the OP, every update is put in the OP.

Quote from: Arcas on May 24, 2020, 08:57:38 PM

if you give good offer like 3 until 5% daily day I think become good choose for gambling site investment, but talking with investment site it the same with hype project working.

No such gambling site that would give you an offer like that, otherwise people will not work anymore and just invest on gambling sites.

I hope you are not influence by investing in PONZI scheme as this sounds like a ponzi scheme to me.
Investing in a casino's bankroll is profitable however it does not guarantee a profit, there's a small chance that we could lose also.

Here's the latest update. https://bitcointalksearch.org/topic/m.54470922

Topic: GAMBLING SITE INVESTMENT - page 28. (Read 6970 times)