GAMBLING SITE INVESTMENT - page 6. | Bitcointalksearch.org

Russlenat

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Quote from: Reid on September 04, 2020, 01:20:27 PM

Quote from: Questat on September 04, 2020, 08:06:55 AM

Quote from: ?? on ??

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.

Quote

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

Better.
No middleman. Wink

You go directly to a gambling site, input the amount you can risk then Voila! you have shares already.
I like this better since I can understand it plain and simple.
There might be more risk, but like they always say "the house always wins".

The risk factor is the trust issue. But with Yolodice, there is no problem with that.

All you need to look is the price volatility as you are almost guaranteed with a profit knowing a reputable casino would always win most of the time. It's actually an easy way of making money, the difficult part only is in the beginning and that is to search for a gambling site you can trust with your money.

Reid

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Activity: 3052

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Quote from: Questat on September 04, 2020, 08:06:55 AM

Quote from: ?? on ??

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.

Quote

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

Better.
No middleman. Wink

You go directly to a gambling site, input the amount you can risk then Voila! you have shares already.
I like this better since I can understand it plain and simple.
There might be more risk, but like they always say "the house always wins".

The risk factor is the trust issue. But with Yolodice, there is no problem with that.

john_nautica

full member

Activity: 966

Merit: 102

Quote from: Questat on September 04, 2020, 08:06:55 AM

Quote from: ?? on ??

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.

Quote

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

I agree with you. While this is a topic of investments, there is difference if the investors if very knowledgeable and inclined in the sector of the target investment plan. As gamblers are very familiar with gambling, making investment with a gambling site won’t be new environment for them. Thus, strategies and accurate decisions are made.

Questat

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Activity: 2982

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Quote from: ?? on ??

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.

Quote

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

sunsilk

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Activity: 3038

Merit: 634

Quote from: imstillthebest on September 02, 2020, 06:00:21 AM

Quote from: ?? on ??

Yes, I'm with you, it's not good idea to invest all the money at once, it has big risks at all.

what if all your money is only 10 dollars and you invest that all ? i wont say its a huge risk because that amount is verry small . you should specify next time if how much is the amount your talking about .

this thread also talks investing on a gambling site and thats different compare to investing on a crypto . you need to invest huge on here to see noticeable improvents for your money

IMHO. What he's saying is about diversifying and he's right with what he said that it's not good to put all of your investments in one area. We're all aware of it and understand that concept of investing and what he's saying.

But he should also be specific on it. Risk is found in all investments, small or big amounts, you can all see the risk on it. What the guy should do is to take a look at the updates about his investment to have an idea how big the risk is with bankroll investing.

imstillthebest

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Quote from: ?? on ??

Yes, I'm with you, it's not good idea to invest all the money at once, it has big risks at all.

what if all your money is only 10 dollars and you invest that all ? i wont say its a huge risk because that amount is verry small . you should specify next time if how much is the amount your talking about .

this thread also talks investing on a gambling site and thats different compare to investing on a crypto . you need to invest huge on here to see noticeable improvents for your money

Natalim

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Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: KTChampions on August 28, 2020, 04:59:39 PM

Quote from: Natalim on August 27, 2020, 05:50:50 PM

Quote from: KTChampions on August 27, 2020, 05:38:52 PM

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

That's why you need to calculate the risk carefully, only invest in bitcoin when you are already sure of what you are doing.
Risk is always here the moment we convert our money to bitcoin and invest in a casino, but this risk is nothing if you will get a good reward in the end, and that is our aim as an investor, we are always willing to take the risk and just like a gambler, we only invest what we can afford to lose.

Naida_BR

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Quote from: Tytanowy Janusz on August 27, 2020, 01:04:17 AM

Quote from: Tipstar on August 26, 2020, 11:33:57 AM

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."

I'm a bustabit investor. In the beginning I was getting a lot of profits.
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?

carlfebz2

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Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Kupid002 on August 29, 2020, 02:59:38 AM

Quote from: erikoy on August 29, 2020, 01:28:21 AM

Quote from: Kupid002 on August 29, 2020, 12:32:09 AM

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

And that is also the reason why you should not invest all the money you have in only investment , make a separate investment for every platform or gambling website if you want to invest in a house trust isnt an issue As long its not yet happen the things that you are afraid of, I don't say it safe but it will minimal the risk if you invested it separately .

Good suggestion though but these kind of decisions will matter on users preference because they do have much trust into a particular house rather than considering on making an option to put into other ones which
he doesnt like. Investment would always accompanied with risk thats why its always been a gamble to throw up some money into a thing which you cant be sure that it would be long lasting.

@OP, now the market is starting to uprise and we do hit 12k mark.Its somewhat expected that you are already in greens for now, when is the next update or post up?

Kupid002

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Quote from: erikoy on August 29, 2020, 01:28:21 AM

Quote from: Kupid002 on August 29, 2020, 12:32:09 AM

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

And that is also the reason why you should not invest all the money you have in only investment , make a separate investment for every platform or gambling website if you want to invest in a house trust isnt an issue As long its not yet happen the things that you are afraid of, I don't say it safe but it will minimal the risk if you invested it separately .

erikoy

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Activity: 686

Merit: 125

Quote from: Kupid002 on August 29, 2020, 12:32:09 AM

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

Kupid002

sr. member

Activity: 1036

Merit: 329

Quote from: KTChampions on August 28, 2020, 04:59:39 PM

Quote from: Natalim on August 27, 2020, 05:50:50 PM

Quote from: KTChampions on August 27, 2020, 05:38:52 PM

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid you can start with only small capital to invest just to reduce the risk.

Maus0728

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Quote from: Tipstar on August 26, 2020, 11:33:57 AM

The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

In YOLOdice, I don't think that's true. Yesterday, ethan_nx, announced that the dillution fee will be abandoned for the safety of investors especially if there is an instance when a whale is active making large bets

Quote from: ethan_nx on August 28, 2020, 10:58:05 AM

3. Dilution fee concept is being abandoned

I've been waiting quite a while to give the dilution fee green light, but something did not feel right to me. I have finally decided to abandon this idea for a simple reason - I don't want to keep invested coins "locked-in" and penalize investors for any operations on their coins. IMO the dilution fee would do more harm than good.

Cheers,
Ethan

KTChampions

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Leading Crypto Sports Betting & Casino Platform

Quote from: Natalim on August 27, 2020, 05:50:50 PM

Quote from: KTChampions on August 27, 2020, 05:38:52 PM

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

Natalim

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Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: KTChampions on August 27, 2020, 05:38:52 PM

Quote from: Natalim on August 27, 2020, 01:03:09 AM

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: Natalim on August 27, 2020, 01:03:09 AM

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

Tytanowy Janusz

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Activity: 2156

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Quote from: Tipstar on August 26, 2020, 11:33:57 AM

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."

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: Yatsan on August 25, 2020, 10:27:40 AM

This update is a nice profit from yolodice! we are now at almost 18% of our ROI!!! which is very good! Hoping to see more profit through the following weeks Grin

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

Tipstar

sr. member

Activity: 1932

Merit: 300

Vave.com - Crypto Casino

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.

sunsilk

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Activity: 3038

Merit: 634

Quote from: ongkok87 on August 25, 2020, 12:25:52 PM

This is a decent income for such small investment I'm actually a bit scared on investing to casino that it might not be profitable or so but this prove me wrong I think could start investing on yolodice too maybe on doge?

You can start it with Doge if you are not sure with what you doing. And the amount for their minimum investment isn't that much, with 2000 Doge you can have already your investment with them.

But never expect that it will be returning that much because the amount you have invested is pretty low. Actually, you don't have to be scared in investing to a casino if its the right and very popular casino. Just don't be wrong investing to an unknown one.

Topic: GAMBLING SITE INVESTMENT - page 6. (Read 6970 times)