Gambling Site's Investing (Is it worth it?)

Lucasgabd

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There's no need to be upset

Quote from: jademaxsuy on April 05, 2020, 01:48:10 AM

I'm either interested and not at the same time. If ever I invested in gambling site I would choose the long term. Although I did try staking on a gambling site and I did earn small profit since I only staked small amount just to try if I can earn decent profit. I may try to invest in gambling site but don't know when.

yes, some wesites likfe freebtc and others offer these earnings and this style of investment

any idea of what was the APR on the website you invested?

even if it's small amount the APR would be the same regardless of the main deposit size so it could be worth to check

jademaxsuy

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I'm either interested and not at the same time. If ever I invested in gambling site I would choose the long term. Although I did try staking on a gambling site and I did earn small profit since I only staked small amount just to try if I can earn decent profit. I may try to invest in gambling site but don't know when.

plvbob0070

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Every investment is worth it as long as that you are investing in a good business, regardless of what kind of business that is. Although I haven't tried being an investor on a gambling site, I think it's profitable enough. Many gamblers are into online gambling, you only need to find a good gambling site where you will invest, to make sure that you will earn profit from it. As long as there are users that are playing on your site, you can ensure that you will gain profit.

If I were to try it, why not? This kind of business is starting to gain attention for gamblers. We just need to find a promising business in investing in a gambling site so that we can gain income

Lucasgabd

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There's no need to be upset

just remember, not your keys, not your coins
take all the money you invest on gambling sites as really high speculative and be fine with losing it all.

practicing good risk management is the main key

South Park

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Quote from: michellee on March 31, 2020, 03:31:56 AM

But it works for a long time ago. Maybe the situations are changed, so the owners think that it is better to stop the investment programs in their site so they can review or search the other method to gain the profit for both owners and gamblers. Maybe he can try with the other way to invest, and I think staking a coin will be a new solution for people who want to use the investment thing in the crypto world.

Most likely what happened was that at the time casinos needed to get a bigger bankroll because as we know that is really important if you want to accept higher bets from gamblers and they were willing to accept to share part of their profits as long as they could raise their bankroll, however as time passed and they obtained profits and their bankroll increased they found unnecessary to share their profits anymore and they suspended their program or at least they stopped accepting new people in it.

dunfida

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Quote from: bitcoin-shark on April 02, 2020, 02:00:31 PM

perhaps it is the most advantageous, profitable form of investment to invest in a gambling site but obviously you must first do your research such as the reliability of the site and how long it has been on the market...

Hard thing to be done when you do rely on this kind of matter.Why? you wont able to get in on a particular established or known gambling site for investment yet if they do able to reach a certain point
that they do already accumulated right amount of users then most likely they would surely close their doors for said investment and only a few would really have that kind of opportunity for big sites to open investment publicly.Most of the time we do see this need of investors when they are just starting on thats why its really hard for you to make a decision since we cant still be sure if this new site
would succeed or not.

bitcoin-shark

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perhaps it is the most advantageous, profitable form of investment to invest in a gambling site but obviously you must first do your research such as the reliability of the site and how long it has been on the market...

bhabygrim

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Quote from: chaser15 on March 30, 2020, 07:21:05 PM

The majority of all-known gambling sites that offering bankroll management are now halted their service about that.

It means that this kind of method is not actually profitable from both owners and gamblers.

So for those who want this kind of passive income, not a good idea unless you want few bucks earnings within a long period.

Well if it's payment are also in crypto and not in Fiat then it is better than just holding our crypto and waiting for the price to go up once again.
I think it is only a good choice for the long term holders and those who doesn't have any plans on their crypto.

KTChampions

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Quote from: chaser15 on March 30, 2020, 07:21:05 PM

The majority of all-known gambling sites that offering bankroll management are now halted their service about that.

It means that this kind of method is not actually profitable from both owners and gamblers.

So for those who want this kind of passive income, not a good idea unless you want few bucks earnings within a long period.

I think this is due to the crisis - earnings are falling absolutely everywhere and casinos are trying to cut costs. Previously, it was a mutually beneficial business and I think that after the end of the crisis all these programs will be restored. And I did not hear that somewhere the investments were not returned to the investor, which means that these programs were honest cooperation.

LbtalkL

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Just seen this thread now nice trivia OP, That's a nice badge like yours, Back to the topic, I haven't tried anything, In fact, I didn't know that it is possible to invest on gambling site and claim a share. I am also interested if someone here is already doing it. How is the profit or interest, is it worth it? If it is I might shift to this field it's better than playing gambling.

Clark05

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Gambling sites who offer investing is good but if they are legit and the percent of earnings is higher because we know now most of the gambling sites are offer very low interest of your money or the coins you invest so instead of investing to better to invest your money to the coins who can possible for you to get a high profit in short period of time only .

michellee

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Quote from: chaser15 on March 30, 2020, 07:21:05 PM

The majority of all-known gambling sites that offering bankroll management are now halted their service about that.

It means that this kind of method is not actually profitable from both owners and gamblers.

So for those who want this kind of passive income, not a good idea unless you want few bucks earnings within a long period.

But it works for a long time ago. Maybe the situations are changed, so the owners think that it is better to stop the investment programs in their site so they can review or search the other method to gain the profit for both owners and gamblers. Maybe he can try with the other way to invest, and I think staking a coin will be a new solution for people who want to use the investment thing in the crypto world.

chaser15

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The majority of all-known gambling sites that offering bankroll management are now halted their service about that.

It means that this kind of method is not actually profitable from both owners and gamblers.

So for those who want this kind of passive income, not a good idea unless you want few bucks earnings within a long period.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Ziskinberg on March 30, 2020, 06:03:35 AM

Quote from: Sadlife on March 30, 2020, 05:42:09 AM

Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money.

To my knowledge, it depends on the performance of the site, it could be higher or it could be lower.
Where did you reach such information by the way? I like to verify if the statement is correct because I don't agree with it.

snip

I was under the same impression, at least when this form of investment was more popular the profits you could get were variable, if the site did great then you will get more profits and if the site got some losses then you will lose part of your money as well, however if you are a good investor or trader it is simply not worth to invest in those sites, not only because the profits are inferior to whatever you could get by using your skills as a trader but also because you have to trust the casino is going to give you your coins back and that is difficult to do in this market where we have so many scams.

KTChampions

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Quote from: peter0425 on March 30, 2020, 06:34:06 AM

i will not risk my Money in gambling site because instead of doing this then why not just Invest in Bitcoin so it will be a surely passive income since we will only invest small part of our money and those amount that we can afford to lose.
this is the best way to Invest in crypto or either just Gamble the Money than putting in their site because both also needs Luck to profit.

These are different types of investments and you should not oppose them.
If investing in a casino makes a profit, then this is an additional income, provided that the price of bitcoin rises. If the price of bitcoin falls, then this is a pleasant compensation for the fall in price. As elsewhere, this is an additional risk and an additional opportunity to earn.

milewilda

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Quote from: TheGreatPython on March 30, 2020, 02:44:27 PM

What are you allowing with your money is a lot tougher than just asking for money. If you are bankrolling the casino so that they can offer bigger max amounts that is a lot more important, but if you are asking basically for partnership and spending that money on everything from bankroll to staff to marketing and other stuff I am out, I won't invest to it.

You may think that is less around but with dapps and other stuff there is really a lot of people who are actually doing something like that, they care their own coin or token and what not and they tell people to invest into it and with the coins they sell, they are basically making you part owner of the casino but also spending that money on whatever they want. That is not something I am quite happy to invest into.

It depends because some casino do show off transparency when it comes to house profits.You can calculate on how much had been generated with site stats.
When it comes to expenses like staffs maintenance etc. then its on house responsibility and come to think that bankroll investment is different from company share or something like that.
Lets talk about bankroll investment then i would say that if investors doesnt mind too much in terms of how small your gain is then this would be also a considerable choice
but if you do expect for something big then this wont fit out on the list.

TheGreatPython

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What are you allowing with your money is a lot tougher than just asking for money. If you are bankrolling the casino so that they can offer bigger max amounts that is a lot more important, but if you are asking basically for partnership and spending that money on everything from bankroll to staff to marketing and other stuff I am out, I won't invest to it.

You may think that is less around but with dapps and other stuff there is really a lot of people who are actually doing something like that, they care their own coin or token and what not and they tell people to invest into it and with the coins they sell, they are basically making you part owner of the casino but also spending that money on whatever they want. That is not something I am quite happy to invest into.

peter0425

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Quote from: Kurokonobasuke on March 29, 2020, 03:06:38 AM

I didn’t experience to invest in gambling sites but my friend is already experienced that kind of investment to earn profit. He only use a 5-10% of his total assets as his investment, he said that it was very dangerous to invest more in gambling sites because when the companies invested are lose in market the stock price are also lose. That’s why I prefer to play in gambling sites instead of investing in gambling sites.

i will not risk my Money in gambling site because instead of doing this then why not just Invest in Bitcoin so it will be a surely passive income since we will only invest small part of our money and those amount that we can afford to lose.
this is the best way to Invest in crypto or either just Gamble the Money than putting in their site because both also needs Luck to profit.

KTChampions

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Quote from: Sadlife on March 30, 2020, 05:42:09 AM

Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money.
And besides i dont think i can keep my investment in a gambling sites cause i know if i lose funds and gonna use it afterwards.

A small percentage of profit is quite logical - at high interest rates you can borrow money in other places. Balance of interests of the lender and the borrower is observed here. I had no experience with such an investment, but I would be most suspicious of sites that offer huge interest rates.

Debonaire217

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In Code We Trust

If you are not playing games in gambling site, would it be the same to consider that you are gambling when you are investing in a gambling site at all? Well, I like your idea, for me, there is still a risk even though gambling site provides good chance of profit, from the start, it is still an investment to consider. You need to find the best ITs, Developers, marketers, and team to create a site that will attract and compete with most of the gambling sites of today.

I can say, right from the start, you might experience a hard time, but if you establish the site correctly, and use this platform (bitcointalk) for advertisement, it is a guarantee, you will earn good profits.

Well, for normal players, it is hard to engage in investment in gambling site. One reason is their lack of resources where to find starting gambling sites that offer investment. Second is the lack of funds available. I'm pretty sure, gambling sites makes allot of money, so we need to invest allot as well.

Topic: Gambling Site's Investing (Is it worth it?) (Read 1667 times)