Topic: GAMBLING SITE INVESTMENT - page 5. (Read 6970 times)
If you have a significant amount in Bitcoins, you could even consider starting your own casino. i don't know how that works technically and price-wise, but if you do it properly, it would also be a nice investment. it is quite a journey when I read the stories on the internet. the competition is also huge anytime, anywhere.
So the idea of investing in this gambling site is not in doubt if one can make a profit from it and already analyze the risks.
From every investment report op generates, we can learn from it that profits do not always give the same results.
No doubt with the aforementioned casinos. It's truly possible to earn a profit with those but it's not as instant as what others are thinking.From every investment report op generates, we can learn from it that profits do not always give the same results.
In this type of investment, patience is what you needed most. It's not the same other investment that you know because it's growing through time with the ups & downs of the casino too, you're part of their growth or loss.
I know this is one of the most reputable gambling sites among some other leading gambling sites in the forum. Bustadice and yolodice are trusted gambling sites.
So the idea of investing in this gambling site is not in doubt if one can make a profit from it and already analyze the risks.
From every investment report op generates, we can learn from it that profits do not always give the same results.
Exactly, you don't make profits everyday or all the time, but the reality is you make profit in the long run. Also, the value of the coins you are investing also matters, if the market dump, the value will dump and that is not good for investment, however, if you go both long term in investing in a casino and holding your coins, that would certainly give you a decent profit in time. So the idea of investing in this gambling site is not in doubt if one can make a profit from it and already analyze the risks.
From every investment report op generates, we can learn from it that profits do not always give the same results.
Looking at what you got in ROI in different weeks the percentage it shows that you did get 1% up to 12% and the consistency of them giving decent profit on your investment every week was good and so far it was 17 weeks and at least in your case it all looks great and I 'd say it's a good low risk way of getting some extra profit on your investment on the side, I'm interested to know if there would be any difference in return if someone invested more or less money on the platform and whether there's a correlation between investment size and ROI.
I know this is one of the most reputable gambling sites among some other leading gambling sites in the forum. Bustadice and yolodice are trusted gambling sites.
So the idea of investing in this gambling site is not in doubt if one can make a profit from it and already analyze the risks.
From every investment report op generates, we can learn from it that profits do not always give the same results.
So the idea of investing in this gambling site is not in doubt if one can make a profit from it and already analyze the risks.
From every investment report op generates, we can learn from it that profits do not always give the same results.
Yes but it was to reveal is it worth it or not.
My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
There are moments when I look at the long term charts and it looks really favorable. But when you actually do some real world tests it is possible for a big whale to come along and wipe out many months or even years of profit. Your timing has to be just right in order to not get rekt.
YOLOdice was doing really great until somebody destroyed the LTC bankroll. Since then they had to reduce max bet profit and now you are lucky if you make 1% profit in a month. When a bankroll suffers a loss that big then some big player can come in and dilute your share to some tiny percentage, making it harder to recover your investment.
Yes but it was to reveal is it worth it or not.
My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
You can check my topic too https://bitcointalksearch.org/topic/snipies-gambling-investment-test-5254959 for more information.My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
My conclusions are: you need to study the gambling site = analysing risks! focusing in the charts, invested volume, estimate share, knowing big players... which yeah isn't obvious at all.
In Yolodice for example the biggest fluctuations were seen this year with 2 whales, one in LTC making investors go "bankrupt" and the other guy with BTC, spending a fortune but lost at the end and apparently he didn't come back yet, you can see that fluctuations in my BTC topic.
Personally before investing again I should take a look on these parameters and "pray" a lucky whale swim far from the investment
BTW this topic isn't updated and Yatsan is active here, dunno if I missed or forgot something otherwise I hope he updates it
Yes but it was to reveal is it worth it or not.
My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
My feeling after these months is not
Although I accepts there were moments of profit. This thread confirmed the alarm bells for me.
So Im out!
This thread hasn't convinced me to rush and invest.
Its pretty much as proved here some win some lose.
In essence the casino is transferring the risk, no doubt so win or lose = they win
It seems viable
Just like track side bookies lay off their risky bets
I think the thread isn't supposed to conince anybody make investment. It's a kind of gambling but with less risk. People chose investing in gambling websites like storing funds in a bank where you will get a profit. Its pretty much as proved here some win some lose.
In essence the casino is transferring the risk, no doubt so win or lose = they win
It seems viable
Just like track side bookies lay off their risky bets
Some offers are so profitable while others are not that risky too.
You can check all the offers in this website : https://dicesites.com/
This thread hasn't convinced me to rush and invest.
Its pretty much as proved here some win some lose.
In essence the casino is transferring the risk, no doubt so win or lose = they win
It seems viable
Just like track side bookies lay off their risky bets
Its pretty much as proved here some win some lose.
In essence the casino is transferring the risk, no doubt so win or lose = they win
It seems viable
Just like track side bookies lay off their risky bets
Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.
And one thing I like about gambling site is that they are just fortunate, gambling companies makes money while bettors lose but it is fun as people are expected to use the money they can afford to lose. If gambling company worth $100000 today, before next 6 monhs, they would have doubled their income, that is just normal. But we need to be careful not to invest in a wrong hand and think it is a gambling company, also we should make sure we follow legit project rather than scammers with a sort of ponzi. We know that "House always win" this is a famous and common quote and its just normal for us to say because gambling industry is one of the most
profitable business out there and considering lots of them on existence because business owners do think that they can make out profit out of those
gamblers who do tend to seek out for entertainment and making profit.For someone who do have plans on making investment with the house itself then
it isn't a bad choice considering on the gains where these people been showing off recently then you can conclude that you can really make out
some profit.Yeah, it not might be big but somewhat been assured for longer runs.
Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.
And one thing I like about gambling site is that they are just fortunate, gambling companies makes money while bettors lose but it is fun as people are expected to use the money they can afford to lose. If gambling company worth $100000 today, before next 6 monhs, they would have doubled their income, that is just normal. But we need to be careful not to invest in a wrong hand and think it is a gambling company, also we should make sure we follow legit project rather than scammers with a sort of ponzi. 
I will just write my own opinion about this topic here. I suppose that the success of your gambling investments depends on some factors. The most random of them - is just luck.
Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run. 
Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.
If you'll do it, invest in the casinos that have a reputation on this. You're with the house if you're also an investor. Try it and see if it will click the likes of your investing technique. but gambling was one of my passions back in the day, so I'll give this opportunity a try. I have separate investments for every platform or market I invest in, and this is because I don't want to risk, and I manage this as well as I can. If you have any tips to share, you're welcome.
It is good to know that you have a diversified portfolio. You look to have an investing knowledge and background already. Adopting to bankroll investments, you will not have a hard time understanding it. As to investing tip, the tip in gambling can also be applied which you only invest the amount of money or in crypto that is affordable for you to lose. 
18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.
1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?
How much profits were you getting from bustabit in the past? Even if you are getting stable profit from there, there is no need to experiment with another investment gambling site. We can further guide you if you can tell how much profits you getting these days from bustabit ?
Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.
Couple of things as you will try for first time, invest extra amount which you are fine just in worst case your investment drops by 50% or so you are still fine. Do not invest all at once unless you are just doing minimum investment in bankroll then its fine, else you can divide and do it. It is rewarding as well but generally speaking it depends on luck as well as in short time some gains profits if some big whales loses after you have invested it.
Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.
you should try, if you don't want to take a high risk and you are not confident with investing yet, start with a small amount and observe, then if you feel you are getting your expectation, that's the time you get aggressive with your investment. Good that you are inspired with this thread.
Good advise though, I would do the same, I can't be aggressive automatically just because I saw some investors are doing well when investing in a casino, their outcome and our outcome does is not automatically the same as our patience will be tested while investing.
if we have followed the journey of OP, there are times that he reported a small profit, so it's not always sunny days when investing, sometimes the risk of your money getting hack could possibly happen as well. Diversification should be the key.
Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.
you should try, if you don't want to take a high risk and you are not confident with investing yet, start with a small amount and observe, then if you feel you are getting your expectation, that's the time you get aggressive with your investment. Good that you are inspired with this thread.
Thanks for the information which you provided, really appreciate it sir 
18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.
1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?
There are various options available and if one of them you think is not yielding you the desired results you can switch and try out other options to invest in bankroll. But understand this does not guarantee that you would continue to get the profits in the same way in future, it all depends upon if whales lose you gain it.
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