GAMBLING SITE INVESTMENT - page 3. | Bitcointalksearch.org

Questat

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Quote from: Zackgeno96 on December 03, 2020, 04:27:55 AM

There are actually several ways to invest well in a gambling site. You can also start one yourself.

This one requires a lot of money, you need to be financially capacitated if you start a gambling site on your own, there's a lot of factors to consider in order to make your gambling site successful, and mostly it involves money, start with $1,000 dollar site and I'm sure it will not succeed, but you can invest in a casino's bankroll with $1,000 and let it grow when the casinos stays profitable.

Quote from: Zackgeno96 on December 03, 2020, 04:27:55 AM

Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.

Still the same, you are like a co capitalist, still involve serious money.

sunsilk

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Quote from: Zackgeno96 on December 03, 2020, 04:27:55 AM

There are actually several ways to invest well in a gambling site. You can also start one yourself. Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.

Bankroll investment just like OP is sharing is the main thing in gambling sites if you're for the investment. But the investment that you are describing is like financing a gambler and this is riskier than the bankroll investment.

And don't think that the amount you gamble is an investment. Gambling your money is being compared to the same as investing but it shouldn't be thought of like that. They are not the same.

peter0425

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Quote from: Karartma1 on December 02, 2020, 02:48:40 AM

Quote from: peter0425 on December 01, 2020, 09:45:38 AM

Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead.

but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.

For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit.
I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that.
In the end, it's about the message and I hope mine is clear enough.

Trust me no one is hindering you from Giving warning and advise because that is your right and also prerogative.

But also People here will express their understanding on what this thread is all about.
We are all mature enough to decide in which investment we will take.

AS i already mentioned the OP is an open book,everyone can Look at it and find what they think either profitable or losses it's their own discretion .

I understand and Salute you for your advocacy,Just keep it up you are saving people from losing.

Rodeo02

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Quote from: Karartma1 on December 03, 2020, 04:13:41 AM

Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.

That's right, you can't stop them from doing what they want to do. no matter how many times you warn them if they really want to gamble and invest you can do nothing and let them do what they want and they will also understand that voluntarily in the right time when the investment turn to be scam.

Zackgeno96

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There are actually several ways to invest well in a gambling site. You can also start one yourself. Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.

Karartma1

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Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.

michellee

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🐺Spinarium.com🐺 - iGaming casino

Quote from: Karartma1 on December 02, 2020, 02:48:40 AM

For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit.
I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that.
In the end, it's about the message and I hope mine is clear enough.

We can warn users, especially new people in the crypto world, but we can not force them to follow what we suggest. They have their own decision to know which is better for them. And related to the gambling investment, as long as new people can learn from many sources about the crypto gambling investment, they will survive in the crypto world and they can make a profit.

We can hope that the new people will understand the risk of gambling investment, so they don't need to take a big risk in the investment. Instead of getting a bigger risk, they can learn how to minimize the risk to get a scam from the investment. If they can know which investment is right or wrong, they will identify the right investment.

hulla

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Quote from: Karartma1 on December 02, 2020, 02:48:40 AM

Quote from: peter0425 on December 01, 2020, 09:45:38 AM

Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead.

but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.

For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit.
I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that.
In the end, it's about the message and I hope mine is clear enough.

It good to be conscious in terms of investment especially when it bankroll investment which profit is no guarantee but that doesn't mean that all the reputable mentioned by the OP will decide to steal from investors as you presumed just to spoil the reputation built for many just because of some thousand $? Mind you, every earning and activity are done sincerely with no cheat.

Questat

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Quote from: Karartma1 on December 02, 2020, 02:48:40 AM

Quote from: peter0425 on December 01, 2020, 09:45:38 AM

Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead.

but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.

For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit.
I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that.
In the end, it's about the message and I hope mine is clear enough.

Newbie will have to learn, either a hard way or not, if they'll listen to the advices from those who already have an experience, they might not loss more money anymore before they learn, but being a newbie, they just love to explore so let's just hope that they'll learn early.

Karartma1

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Quote from: peter0425 on December 01, 2020, 09:45:38 AM

Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead.

but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.

For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit.
I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that.
In the end, it's about the message and I hope mine is clear enough.

janggernaut

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Quote from: covfefe_ on December 01, 2020, 10:37:20 AM

Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.

I think that's fair ? When site lose, site will cover 50% and the 50% left will be covered by investors. Yolodice also doesn't has any dilution fee while you invested on their site, not like bustadice or bustabit.

Quote from: XZERO1 on November 30, 2020, 04:21:35 AM

I don't think results will be that much different, both Bustadice and Yolodice are highly reputable casino websites in the forum and it's not like they're some new random websites that just appeared so that this topic could be considered misleading, in addition to that other people that invested in these websites could also share their experience here if there's any problem with them, 17 weeks of experiment on their investing platform is more than enough to give you some sense of how good or bad investing in these websites are anyway.

You don't know exactly what would be happen in gambling site's investment just only with 17 weeks.

Quidat

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Quote from: covfefe_ on December 01, 2020, 10:37:20 AM

Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.

If thats what you believe then you arent forced to make up investments with them.Some of people do make out investments together with the house
since they do know the advantage even though you do got some point but overall its just a typical thing that house will be always prioritizing themselves
among any others which isnt really a surprising thing.To look into those numbers then at least you do see greens and together with the market
price is soaring up which is really an advantage.

covfefe_

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Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.

peter0425

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Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead.

but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.

ethereumhunter

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Quote from: Oneandpure on December 01, 2020, 08:10:52 AM

Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

How gambling site investment running does any member have to gabling or manage by the owner to bet and I think is have big risk because gambling is the way just get little chance win and earn money back. I think why not to invest with coin only if we want to earn passive income without check market always. Maybe by holding coin we have chance with good price when holding one or two years and get many profitable without risk like gambling.

If he wants to earn passive income, he doesn't need to gamble, but he can try to stake the coin to give him profitability in the future. But since we know that many staking coins available on the market, we need to search for the right coin to stake. That will not make us lose our money, and we can also earn the reward by getting more amount of that coin for some time.

xxjumperxx

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Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

If you say it like that every investment has its risks...
You could invest into stock, which could come crahing... well in terms of Bitcoin, holding Bitcoin itself is like an investment and we all know how volatile Bitcoin itself is.

Its always smart to do your research and always invest what you can afford to lose...
Nothing is safe, not 100% at least.

Oneandpure

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Quote from: Karartma1 on December 01, 2020, 03:34:30 AM

There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

How gambling site investment running does any member have to gabling or manage by the owner to bet and I think is have big risk because gambling is the way just get little chance win and earn money back. I think why not to invest with coin only if we want to earn passive income without check market always. Maybe by holding coin we have chance with good price when holding one or two years and get many profitable without risk like gambling.

Karartma1

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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment).
These are the main ones and they are too many.

Eureka_07

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Quote from: Ziskinberg on November 30, 2020, 09:26:00 AM

Quote from: bitterguy28 on November 30, 2020, 06:08:38 AM

Quote from: Karartma1 on November 30, 2020, 03:54:04 AM

According to the result of investment from OP, it wasn't really that attractive though, don't expect that it will double your money easily as there are some days that the site is not in profit although people say that they win all the time.

For me, the results are quite promising, based from the result that has been posted by the OP, he managed to double up his investment from April to August... for just four months, he got 100% profit.
Though it's still risky with the fact that someone might managed to hit bigwins to the casino, that will have a negative effect to the investment. Also, sometimes, the casino's wallet for paying out are also get sucked and needed to be refilled, that's unfortunate if your investment was included into that loss.

DevilSlayer

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Quote from: Sanitough on November 30, 2020, 05:55:32 AM

Quote from: Karartma1 on November 30, 2020, 03:54:04 AM

Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.

That's definitely the biggest risk when investing in a casino, we don't own the platform, anytime they could go dark taking our coins, so everyone should be aware of that risk, and don't just focus on the reward. Those who are saying that investing in a casino gives easy money, they are 100% WRONG!

Understanding the whole concept of the investment that you will do is important because your money is in line wherein it can be lost like stealing by the hackers or scamming by the management of the investment itself. Having passive income in gambling site is good as long as your funds should be safe, people are thinking that it is too low for annual returns but we are talking about passive income wherein you can earn money without doing anything. If you want high returns then it is better if you will risk your money in playing gambling games or putting it in trading exchanges. The rewards there are huge but the risks are also huge wherein you can lose your money instant if you do not have good risk management.

Topic: GAMBLING SITE INVESTMENT - page 3. (Read 6970 times)