How can casinos profit from investments? - page 3.

Astargath

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Quote from: JumperX on December 14, 2015, 08:43:14 PM

casinos gain profit from investments thru fees, some casino takes around .5% - 1% of investors profit every xxx days/months so by that they can pay for all the site's expenses such as domain, hosting and staffs

But they are still loosing money, if an investor wins 1 bitcoin and they take 1% (0.01) they still have to pay him 0.99 bitcoins, so they are not getting any profit, they are just simply giving less money to the investor

JumperX

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casinos gain profit from investments thru fees, some casino takes around .5% - 1% of investors profit every xxx days/months so by that they can pay for all the site's expenses such as domain, hosting and staffs

Superhitech

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Quote from: KnightTrader on December 14, 2015, 07:38:34 PM

What is enough babkroll for site? I think that is unlimited/more is better.

If (most likely) site owners are seed investors of bankroll, their part will stay big for long time.

There's no such thing as an unlimited bankroll, but a higher bankroll is definitely better, as if someone gets lucky and wins a lot of money, the site won't go bankrupt and will possibly gain the money back from other users.

Do note that the bigger the bankroll is, the more money you will have to put in to make a profit. If you want to take a bigger risk but gain more profit, invest in a site with a smaller bankroll. If you want to be safer but gain money at a slower rate, invest in a site with a bigger bankroll.

KnightTrader

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What is enough babkroll for site? I think that is unlimited/more is better.

If (most likely) site owners are seed investors of bankroll, their part will stay big for long time.

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Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

benefit for casino they will get more bankroll to cover if one player won a lot of money and they not offer much profit for investor.
for example: casino get instant money when you invest at there but you need wait long time to take a profit if you investment and be selective to pick a casino before you invest your money

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Quote from: eternalgloom on December 14, 2015, 09:19:28 AM

So why would an established casino like Just-Dice accept investments? Like you said, they already have a large enough bankroll...
Do they profit in some other way from these investments? Maybe to further expand their operation with new sites or whatever else is possible...

Well it's just like the stock market. Why would Google or Apple need investments through shareholders?

They use that capital to invest in themselves, advancing their product and in turn growing their business.

Astargath

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Quote from: SyGambler on December 14, 2015, 03:35:40 PM

Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

let me tell you why , first of all investments will raise the max bet limits but the casino won't benefit from that indeed they are taking a fee from investors cause they are using the site , so if the site was totally investor based the house will make money even if someone won big cause their profit mainly come from fees
but usually bigger bankroll make the site more popular and this leads to increase in bets in general

The way I understand it is like this. You invest 1 bitcoin and after a day you get 0.1 in profit from your investment, I understand the casino might take a fee but even if the fee is 10%, they are taking 0.01 and still giving you 0.09 bitcoins so essentially they are giving you 0.09 for ''free''

SyGambler

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Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

let me tell you why , first of all investments will raise the max bet limits but the casino won't benefit from that indeed they are taking a fee from investors cause they are using the site , so if the site was totally investor based the house will make money even if someone won big cause their profit mainly come from fees
but usually bigger bankroll make the site more popular and this leads to increase in bets in general

vendetahome

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they get a lot of money to provide people if they win and they get a percentage of all people losses in my opinion thats how it works though investors usually dont earn a lot of money

eternalgloom

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Quote from: Buziss on December 14, 2015, 10:43:52 AM

Quote from: eternalgloom on December 14, 2015, 09:19:28 AM

So why would an established casino like Just-Dice accept investments? Like you said, they already have a large enough bankroll...
Do they profit in some other way from these investments? Maybe to further expand their operation with new sites or whatever else is possible...

Maybe read my post just above? In a sense, JD is working as a PoS staking pool with a 10% fee. It is clearly beneficial for JD and doog to take bankroll investment.

Woops must have missed that, yeah that makes sense indeed.

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Quote from: xuan87 on December 14, 2015, 07:33:35 AM

I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

I have invest a little bit of bitcoin in 4-5 different casino sito with investment program. To long term, casino and investor win, but the really problem is when casino close and scam user and investor (is happen with dirrefent casino in bitcoin)

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Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

There's small chance for casino will lose their money. In fact many has loss now and try to recover.
You can also make some profit by investing into casino as long as their site is realiable and long trusted

Snail2

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Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

The casino isn't losing money as they get a flow of money into their bankroll, what they might be unable to invest themselves. In addition bigger bankroll means more safety for the casino, more customer confidence, and ability to allow higher stakes. More customer confidence and higher stakes means more players and more money gambled, therefore more house edge.

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Quote from: KIMMY91 on December 14, 2015, 07:49:15 AM

Quote from: xuan87 on December 14, 2015, 07:33:35 AM

I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

I support this statement. Why? Because casino were created to get a profit, either for long term or short term. They're many investor, or advertising company that promotes the casino. I believe there's just a plenty of people that win in casino rather than the loser. If not Las Vegas already close for now if they didn't get any profit.

ya it is true that playing in casino will not benefit you better than creating casinos for others to play and earn a small percentage on their winnings and the same who ever is going to invest on that casinos they both will get benefited according to their terms and condition but what ever you will be in profit.

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I think some casinos make money from ad revenue in combination with fees, such as a small fee that happens everytime you depost (or withdraw) money on the casino's wallet to play with, and other raise money with investors.

Buziss

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Quote from: eternalgloom on December 14, 2015, 09:19:28 AM

So why would an established casino like Just-Dice accept investments? Like you said, they already have a large enough bankroll...
Do they profit in some other way from these investments? Maybe to further expand their operation with new sites or whatever else is possible...

Maybe read my post just above? In a sense, JD is working as a PoS staking pool with a 10% fee. It is clearly beneficial for JD and doog to take bankroll investment.

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Quote from: Astargath on December 14, 2015, 07:54:11 AM

Quote from: xuan87 on December 14, 2015, 07:33:35 AM

I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

Disagree with who? I never said they are not making profit, I asked how so please dont post off-topic things and answer the question.

Quote from: eternalgloom on December 14, 2015, 06:20:14 AM

Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

I would guess it gives the casino the ability to raise the stakes of the games, since they have a bigger bankroll themselves.
I see a lot of smaller casinos starting out with pretty small maximum bet sizes.

Yeah I thought about that but there are casinos like just-dice that have already enough bankroll and they are actually accepting investments.

So why would an established casino like Just-Dice accept investments? Like you said, they already have a large enough bankroll...
Do they profit in some other way from these investments? Maybe to further expand their operation with new sites or whatever else is possible...

Buziss

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Quote from: Astargath on December 14, 2015, 07:54:11 AM

Quote from: eternalgloom on December 14, 2015, 06:20:14 AM

Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

I would guess it gives the casino the ability to raise the stakes of the games, since they have a bigger bankroll themselves.
I see a lot of smaller casinos starting out with pretty small maximum bet sizes.

Yeah I thought about that but there are casinos like just-dice that have already enough bankroll and they are actually accepting investments.

Don't forget that Clamcoin is a PoS altcoin. Clams deposited/invested in JD gives staking rewards and JD charges a 10% commission on investors' staking rewards IIRC.

Astargath

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Quote from: xuan87 on December 14, 2015, 07:33:35 AM

I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

Disagree with who? I never said they are not making profit, I asked how so please dont post off-topic things and answer the question.

Quote from: eternalgloom on December 14, 2015, 06:20:14 AM

Quote from: Astargath on December 14, 2015, 05:21:03 AM

I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

I would guess it gives the casino the ability to raise the stakes of the games, since they have a bigger bankroll themselves.
I see a lot of smaller casinos starting out with pretty small maximum bet sizes.

Yeah I thought about that but there are casinos like just-dice that have already enough bankroll and they are actually accepting investments.

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Quote from: xuan87 on December 14, 2015, 07:33:35 AM

I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

I support this statement. Why? Because casino were created to get a profit, either for long term or short term. They're many investor, or advertising company that promotes the casino. I believe there's just a plenty of people that win in casino rather than the loser. If not Las Vegas already close for now if they didn't get any profit.

Topic: How can casinos profit from investments? - page 3. (Read 2244 times)