Gambling Site's Investing (Is it worth it?) - page 2.

Ziskinberg

hero member

Activity: 3010

Merit: 666

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.

Quote

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.

Well, you need to be discipline when it comes to investment, funds you are going to gamble and to invest should be separated.

Sadlife

sr. member

Activity: 1400

Merit: 269

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.

Taskford

hero member

Activity: 2520

Merit: 783

Quote from: Cratoon on March 30, 2020, 05:11:56 AM

Personally I'm prune to believe that gambling websites that take investments are a scam in many cases.
Of course, there should be some reputable projects that practice this scheme, but you have to be careful where you put your money.

Mostly but not all since there is a gambling site here who offer that schemes abd yet they deliver good with no issue come to their investors end, but don't expect to much since the one I know reputable is not accepting anymore and maybe its good to research first before doing this thing since we need to be careful on our money.

Cratoon

full member

Activity: 865

Merit: 104

https://paradice.in/?c=bitcointalk

Personally I'm prune to believe that gambling websites that take investments are a scam in many cases.
Of course, there should be some reputable projects that practice this scheme, but you have to be careful where you put your money.

freedomgo

legendary

Activity: 3318

Merit: 1185

Playbet.io - Crypto Casino and Sportsbook

Quote from: Gyfts on March 29, 2020, 03:20:19 AM

The only major obstacles are bankrolls and market share. You probably could convince a investor to spot the bankroll but trying to gain a reputation and eat into the market share when there's a million different bitcoin casinos is tough.

This is correct, it's hard to gain the trust of the players if the competition in the crypto market is very tight now.
We are not anymore in the early stage, the number of casinos have significantly increased already and they are improving, and some of the gambling sites now are also adding a sports book on their platform, our best chance now for average capitalist is just to invest in a casino's bankroll but it will really take time to be profitable and it's also risky doing that.

Gyfts

legendary

Activity: 2856

Merit: 1519

You can get a gaming license pretty damn easy by registering in some foreign country in the Caribbean Islands and from that point just accept Bitcoin deposits while using 3rd party providers for live table games or slot machines. If you want to even go simpler than that you could just do dice games which can be created by any developer relatively easy or bought from a script. The only major obstacles are bankrolls and market share. You probably could convince a investor to spot the bankroll but trying to gain a reputation and eat into the market share when there's a million different bitcoin casinos is tough.

Kurokonobasuke

full member

Activity: 546

Merit: 122

★777Coin.com★ Fun BTC Casino!

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.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: FatFork on February 23, 2020, 05:12:16 AM

Quote from: Best Dreams on February 21, 2020, 04:11:33 PM

Quote from: Astvile on February 20, 2020, 06:24:18 AM

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first.

Crypto-games.net and YOLOdice had good investment programs with solid ROI and also reputable sites. Too bad YOLO closed that option now.
What about Crypto-games.net? Is their investment program still active? Does anyone know what the average income is?

Crypto-games.net still have that option and I think it's still profitable for now, and with regards to average income, I think no one can answer that for now, but as you can see at https://dicesites.com/ the investors are having a profit and have a 185.5% of profit for BTC. So if you are plaaning to invest, invest now! and share your story here

Quote from: Best Dreams on February 21, 2020, 04:11:33 PM

Quote from: Astvile on February 20, 2020, 06:24:18 AM

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first.

Astville said that, he invested at crypto-games, and that's a 100% legit website so I think there's no need to worry Wink

FatFork

legendary

Activity: 1820

Merit: 2700

Crypto Swap Exchange

Quote from: Best Dreams on February 21, 2020, 04:11:33 PM

Quote from: Astvile on February 20, 2020, 06:24:18 AM

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first.

Crypto-games.net and YOLOdice had good investment programs with solid ROI and also reputable sites. Too bad YOLO closed that option now.
What about Crypto-games.net? Is their investment program still active? Does anyone know what the average income is?

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: Astvile on February 20, 2020, 06:24:18 AM

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first.

Astvile

sr. member

Activity: 1484

Merit: 276

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

FatFork

legendary

Activity: 1820

Merit: 2700

Crypto Swap Exchange

Quote from: ethereumhunter on February 20, 2020, 04:57:13 AM

Quote from: ice18 on February 17, 2020, 09:16:23 AM

Its really worth investing if the site is as trusted as some of website I know like this one https://freebitco.in/# they can pay you interest everyday and the very good thing is there is no lock-in period which means if you decided to withdraw it anytime you can.

Freebitco.in is the recommended gambling site to invest. We can send some amount of bitcoin and get a return based on their calculation, but we cannot expect to make a big return from the investment. Maybe you need to be patient to see your investment will grow bigger, but I don't think that it will happen in a short time. But at least, you can get a free return from the recommended gambling site plus you can use some money to buy the lottery to win another prize.

The freebitco.in investment program seems totally unprofitable to me. It gives you 4.08% annual interest on your balance, compounded daily. This is almost comparable to the interest on savings from your bank or other financial institutions in fiat currency. Since the latter is a risk free investment, I don't see the point of investing in freebitco.in service.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: ice18 on February 17, 2020, 09:16:23 AM

Its really worth investing if the site is as trusted as some of website I know like this one https://freebitco.in/# they can pay you interest everyday and the very good thing is there is no lock-in period which means if you decided to withdraw it anytime you can.

Freebitco.in is the recommended gambling site to invest. We can send some amount of bitcoin and get a return based on their calculation, but we cannot expect to make a big return from the investment. Maybe you need to be patient to see your investment will grow bigger, but I don't think that it will happen in a short time. But at least, you can get a free return from the recommended gambling site plus you can use some money to buy the lottery to win another prize.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: bitgolden on February 17, 2020, 10:44:26 AM

Like gamblers are having provably fair mechanism, is there any system available for investors for crosschecking the profit-loss levels of a casino. If anything available like that then I believe gambling sites' investment will be definitely worth it. Otherwise investors must need to accept whatever the gambling house owner are allocating to their investors.

Theoretically gambling houses are making more money compared to gamblers; it means the chances for investors to earn big for their capital invested with those gambling houses is more but I'm not sure how much investors are making in ROI calculations because I have never tried investing into any gambling sites. Read somewhere that one of the prominent crypto house (I do not want to unveil their name here) pays like less than [/b]5% returns annually. [/b]

Hi! Normally those site's that is listed in the website that I provide is something like this:

When you invest a 1BTC you will have a percentage in the bankroll, If there's a total of 1BTC at site's bankroll and you invested a 1BTC you will own the 50% of the site's profit same as if the site is losing you will also get a 50% share there.

So basically, calculating your ROI is impossible when you are going to invest here in any gambling platform.

bitgolden

legendary

Activity: 3024

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Like gamblers are having provably fair mechanism, is there any system available for investors for crosschecking the profit-loss levels of a casino. If anything available like that then I believe gambling sites' investment will be definitely worth it. Otherwise investors must need to accept whatever the gambling house owner are allocating to their investors.

Theoretically gambling houses are making more money compared to gamblers; it means the chances for investors to earn big for their capital invested with those gambling houses is more but I'm not sure how much investors are making in ROI calculations because I have never tried investing into any gambling sites. Read somewhere that one of the prominent crypto house (I do not want to unveil their name here) pays like less than 5% returns annually.

ice18

hero member

Activity: 2492

Merit: 542

Its really worth investing if the site is as trusted as some of website I know like this one https://freebitco.in/# they can pay you interest everyday and the very good thing is there is no lock-in period which means if you decided to withdraw it anytime you can.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Small trivia:
the owner of that website is NLNico and the only person here that have The Glider(hacker symbol) badge

Are you going to try investing on their bankroll? Please explain your answer

This is something and I am not aware that there are sites that offer this kind of investment, the possibility to make a profit and loss a profit are all there so there is also some risk involved and only whales can manage the risk of investing in this kind of plan, we'll see if whales in the gambling industry will take the bite.

freedomgo

legendary

Activity: 3318

Merit: 1185

Playbet.io - Crypto Casino and Sportsbook

Quote from: Yatsan on February 17, 2020, 12:09:37 AM

I'm going to try it next month and make a thread about it, I am going to update it every month and then, or every week if there's a big change on the profit itself

That's nice to hear, maybe every week would be good than a month since dice sites operates 24/7 and there's a lot of things that would happen in a week, but just like the old thread I saw, the profit is not consistent so you should diversify your investment in different dice sites.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: Ailurophile on February 15, 2020, 10:43:23 PM

If you would gain profit from it then it is worth it,
No matter how small it is a profit is a profit.
It wouldn't be worth it if you could earn more in some other way and in much secure way.

The very first thing that comes to the mind is that how secure it is or is it really trustworthy then one can definitely think about investing in it. Start with the limited capital so that you can be rest assured that you get your returns on time and it is worth investing in it and do invest in the well-known sites which does not run away taking your money in long term.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: Zicadis on February 16, 2020, 05:06:04 PM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Very useful resource right there, though it isn't exactly clear how much players are profiting from their bankroll investments.

It could do with some updating, but I'll definitely look a bit further into investing thanks to this site.

+merit for you.

Thank you I really appreciate it, I don't know that many people here are not aware that there are gambling website's that is actually opening an investment platform on their site.

Quote from: freedomgo on February 16, 2020, 05:28:35 PM

Quote from: Zicadis on February 16, 2020, 05:06:04 PM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Very useful resource right there, though it isn't exactly clear how much players are profiting from their bankroll investments.

It could do with some updating, but I'll definitely look a bit further into investing thanks to this site.

+merit for you.

Based on the link, some of the sites does not offer an investment opportunity and these are big sites IMO.
Anyway, I hope someone would be able to make a thread for his experiment investing in dice bankroll so we will see if it's still profitable until now.

I'm going to try it next month and make a thread about it, I am going to update it every month and then, or every week if there's a big change on the profit itself

Topic: Gambling Site's Investing (Is it worth it?) - page 2. (Read 1671 times)