Im sorry you are right and it is comparing 2 different timescales, that 4% interest on any balance (above a threshold) is spread over a year so my mistake to compare them for sure. Your weekly % should compound nicely?
Topic: GAMBLING SITE INVESTMENT - page 34. (Read 6970 times)
Yeah but then you used to get 4% on freebitcoin for any balance (I don't know if its running now I haven't looked at that offer lately but probably is). Much above 0.5%
LoL 
If you've read my post carefully, you will realize what you said above is wrong, it is only true of the 4% that you give. I will not cite my articles here, but you have the right to re-read them where I have written to check the accuracy. Exactly I said it was 4% profit of a limited amount, you can't put all your money in there, there's always a risk. Moreover, I have also stated that the profit and loss ratio is equal, so I didn't receive profit, and I gave up on it 
4% everyday is easy, but there's no guarantee of "every day". The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
LoL I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong I expect a better profit, 1% a week is good enough for compounding compound interest is something really big compared to regular profits, I'm waiting 1% for your next week I will invest immediately if it is 1% 
Yeah but then you used to get 4% on freebitcoin for any balance (I don't know if its running now I haven't looked at that offer lately but probably is). Much above 0.5%
The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
LoL I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong I expect a better profit, 1% a week is good enough for compounding compound interest is something really big compared to regular profits, I'm waiting 1% for your next week I will invest immediately if it is 1% In bustadice it's stable, the profit is slow but the dumping of profit is slow too, I think it's because I have more percentage of share at Yolodice, I am still waiting for yolodice to open their dilution fee cause it another factor of earning there as a bankroll investor
The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
LoL I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]
At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong I expect a better profit, 1% a week is good enough for compounding compound interest is something really big compared to regular profits, I'm waiting 1% for your next week I will invest immediately if it is 1% So here's my update for week2!!
This is the update for bustadice:
In USD I got: 20$ profit and in BTC I am still behind because of the 2% dilution fee.
This is the update for Yolodice:
In USD I got: 30$ profit and since I invested there with no dilution fee, it's pure profit for me!
Here's the spreadsheet:
The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
This is the update for bustadice:
In USD I got: 20$ profit and in BTC I am still behind because of the 2% dilution fee.
This is the update for Yolodice:
In USD I got: 30$ profit and since I invested there with no dilution fee, it's pure profit for me!
Here's the spreadsheet:
The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
All these replies looks like there is a market for bitcoins to do something instead of just sitting there.
That is the risk though not your keys etc.
That is the risk though not your keys etc.
From here we will be able to understand the risk and all those potentials, hoping that OP will give some light in regards to this information. Knowing that most the readers and followers are interested with the benefits that potentially can be gained once you decide to invest inside the casino bankroll. giving some good basis and ideas to estimate both time and fund for starting this kind of venture.
Definitely worth keeping an eye on it. Potential investment profit is almost the first question that every investor has in mind with, of course, the security of his investment.
I'm watching this ...
But I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month?
I think this is the big question and why we are all following eagerly.
How long would be a good sample length? needs a good period of time to see if it fluctuates.
How frequently will you post the updates? weekly?
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
How frequently will you post the updates? weekly?
We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
Although Yatsan hasn't announced his update time yet, I think weekly updates will be the most logical time to update for everyone, no one have enough free time to update every day. And no one can follow a topic patiently that is updated only once a month.
Although I care about the profitability of this investment, but on the other hand, I have said another issue, investing in a casino is similar to gambling, maybe profitable, but there are also be at a loss. The important thing is whether this profit is enough for us to ignore the risk of loss, it's what we need to know
we will see that in a two-three months, if Yatsan continue with this topic and has periodic updates, probably on a weekly basis, so first one should be expected tomorrow or day after tomorrow, and we will see first signs if there is a profit (certainly i expect to have a profit after first week), and then all others can decide on their investment, wagering profit versus risk ratio that suits one personally
How frequently will you post the updates? weekly?
We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
Although Yatsan hasn't announced his update time yet, I think weekly updates will be the most logical time to update for everyone, no one have enough free time to update every day. And no one can follow a topic patiently that is updated only once a month.
Although I care about the profitability of this investment, but on the other hand, I have said another issue, investing in a casino is similar to gambling, maybe profitable, but there are also be at a loss. The important thing is whether this profit is enough for us to ignore the risk of loss, it's what we need to know
But I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month?
I think this is the big question and why we are all following eagerly.
How long would be a good sample length? needs a good period of time to see if it fluctuates.
How frequently will you post the updates? weekly?
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?
Interesting thread, I will keep an eye on it. This is something I would be interested if it ends up being profitable. I have considered it several times in the past. What investment period did you pick or is the time frame not fixed?
Same here. I've been seriously considering it a few years ago, but after a long discussion on Bitcointalk, I realized that it's not worth it (not for me anyway). While it seems common knowledge that the casino always wins in the end, this investment is still a bit risky since there can be exceptions, but the main reason I did not go for it and opted to invest in altcoins was a different one. Namely, if you invest in a bankroll of a small casino, it's a big risk you'll lose the money or even get scammed, but if you invest in a bankroll of something reputable and popular, then the expected returns are usually so small in comparison with crypto volatility that I figured it doesn't make much sense. So back then I bought Ethereum and Litecoin which turned out to be great investments, but the market situation has changed a lot, so casinos might be an attractive option nowadays. 
Wow! I love this initiative, I also find it useful and exciting. I appreciate that the amount of the investment is not so high that it is a good model for everyone.
Thanks, man!
In regards to this investment capital its always best to take whatever amount you are willing to risk, OP knows and understand everything according to how he studied this investment, he uses this amount of money we can assume that he are capable of letting it for this journey, it's good for us as he shares his real experienced and bring inspirations to all that have the same intent for investing in.Thanks, man!
Especially when you are on the first start of an investment journey it is advisable not to invest a lot of money.
OP tries to find what it is the best investment so he is testing right now in order to invest a greater amount in the future.
Even though OP is in profit by his investments but i still not see it is a safe investment. I never trust gambling to be an investment business. If you want to invest then invest in some real investment and not related to risky gambling.
But I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month?
I think this is the big question and why we are all following eagerly.
How long would be a good sample length? needs a good period of time to see if it fluctuates.
How frequently will you post the updates? weekly?
In my experience Yolodice is a good one.
Yes, they have been operating for a long time without any problems. If I remember correctly, Darkstar_ also invested a large amount of money there from the start Yolodice is really a good place to investBut I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month? I followed this topic because I want to know that. If the profit is too low, I will not invest, because money should not die in a place where the profit is too low.
It is a good topic and you explained it very well. But it is good if you compile all gambling sites that have an offer investment not only Bustadice. Investing in gambling sites that have a bankroll and low house edge, you can passively invest your Bitcoin but remember that it is also high risk.
It is good if the gambling site offers free dilution fees to their investors like what the Yolodice gambling platform did. But that was only promotion right on that day and you can read it here for more details.
Thank you for explaining OP, you also choose a gambling site that one of the most reputable gambling sites here in the forum.
It is good if the gambling site offers free dilution fees to their investors like what the Yolodice gambling platform did. But that was only promotion right on that day and you can read it here for more details.
Thank you for explaining OP, you also choose a gambling site that one of the most reputable gambling sites here in the forum.
The OP really gave us some idea about gambling site investment and this topic is essential to those people who are potentially want to run a gambling site. Everything is risky and it takes some courage for a people to start an investment in something that have no certainty.
Thank you OP for informing us how to start investing in a gambling site so that those people who want to try it will have an idea about it if they try to do that. There are a lot of people who are brave enough to invest in such thing that is risky and let's support those people to their goals.
Hoping that there are more gambling sites that is trusted and legit so that we have many options when we try to gamble using our bitcoin and other cryptocurrency. I know it is not that easy to run a gambling site but as long as you get used to it, I guarantee you that the profit that you will get surpasses your expectation.
Gambling site investment should be studied properly to prevent losses in investment and to manipulate an effective casino. There are some features that people are looking for, most especially that some of the gambling platforms have errors and problems. If you are planning to make a gambling site that will become successful, you should learn a lot from other gambling investor because they have prior knowledge and experienced in managing a gambling site. There are reviews that can be read so that you know what other customer wants in a gambling casino and what are the thing that the customers hate when gambling. There are advantages and disadvantages of gambling casino and you should know that before starting.
This is good stuff!
I look forward to your posts, you mentioned weekly/monthly updates I think weekly posts would be neat, this way we can track it too.
I look forward to your posts, you mentioned weekly/monthly updates I think weekly posts would be neat, this way we can track it too.
Hi Yatsan, I already saw this kind of investment on some gambling site games and already saw this especially in Bustadice and Yolodice.
I want to know when you did your investment, what are the other requirements besides having an account?
Do they require some Know Your Customer (KYC) process or any personal identification processes?
The date is located at the spreadsheet I posted which is 12/04/2020. They only required account and that's it! There's no KYC on those gambling website so your personal information is safe. I want to know when you did your investment, what are the other requirements besides having an account?
Do they require some Know Your Customer (KYC) process or any personal identification processes?
If you are planning to invest then, invest now! the dilution fee right now at yolodice is free
Hi Yatsan, I already saw this kind of investment on some gambling site games and already saw this especially in Bustadice and Yolodice.
I want to know when you did your investment, what are the other requirements besides having an account?
Do they require some Know Your Customer (KYC) process or any personal identification processes?
I want to know when you did your investment, what are the other requirements besides having an account?
Do they require some Know Your Customer (KYC) process or any personal identification processes?
Jump to: