Topic: In which bitcoin gambling casinos should i invest my bitcoins ? - page 2. (Read 2590 times)

I did not say that.  I don't think there is a great chance, but the chance always exists. Please let me clarify more.

First, let me state, that I have some of my own personal funds diversified through quite a few sites that offer investments.  The amount differs by how much I trust them, how much I know about the owners, past history, reputation, stake of bankroll ratio, betting volume to bankroll ratio, and a few other things.

I am confident that in the long run, it will provide me with a lucrative return.

Now having said that, there is always a chance owners (albeit imo, a very small chance with most of the top sites these days) will run away with investor's money.  

That's why it pays to research, reach out to owners, talk with them and establish a direct line of contact if possible.  Find out what the best and worst case scenarios are.  Find out what happens if they do disappear for example and if there's something to track them down or just an empty shell company or completely anonymous information.  

That isn't the only reason to diversify though.  You want to minimize variance and volatility so that your risk of ruin is lowered.  For instance (this is not an attack on SD), if you had all your bitcoin invested into safedice, there was a period where you could have lost 90% of your holdings in one night.  If you're looking to invest and grow, your aim should be to make it to the long run instead of gambling against whales and heavy action.

That's really scary to think that you, as a co-owner of a casino that receives investments, is thinking that there is a great chance that there would be some owners that will run away with the money of the investors. You are technically saying, "diversify, because we don't know if they will run for the money!" Which I hope the casino owners don't do.

If you don't know anything about the risk associated with investing in a gambling site and don't undestand some comupations and formulas about the possible earnings then I suggest you to stay away and think of other way instead to use that bitcoin. There is no assurance that you will earn good profit even you have BTC1 to be put as an investment on a gambling site.

And you said that you are ready to take small risk? This kind of investment have big risk and not as small as you think. If only it has small risk, you can see most of the people here having an active investment to those gambling sites.

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

Return is there in a long run, cause casinos earn like that. Profitable on long run, but in some moments players win a lot and you are the one who is losing money.
Bitvest is nice place, their campaign here is stable for a long time now, and they haven't any real and big problems. Good advice is investing in this casino, I gamble there from time to time and they are good. Have a good luck investing in this casino, be a kind person and share your experience here for couple weeks or month.

To invest i think bitvest.io is not bad at a moment

Good thing that I saw your thread. Well your search is over. Bitvest is I can say the best place to invest those coins you've got. The management is fair and it's been running in the long run now. And I can say the owner of this site is very trusted to the bitcoin gambling community and as well as here in forum. The returns is hard to estimate but the favor goes to the house together with its investors.

i am doing invest in yolodice and i think i can make nice profit although the amount of my invest is not big but i am satisfied but before you make deposit, i hope you understand that you can loss all of your deposit so i hope you only invest that you are ready to get loss and never regret it. in yolodice, you can make small deposit, minimal is 0.01 btc and you can get profit every week, maybe you can get in every day but i am not always watching this. beside that, there is no minimal day for you to close the investment so you can close in anytime. you can asked anything in the thread here https://bitcointalksearch.org/topic/yolodicecom-suspended-on-16st-mar-2021-1674772

I agree, the reason you invest is to gain profits. I think it is already know to everyone that the higher the risk the higher the potential returns. Sadly, that also includes the higher potential losses when you do invest. But if you want to grow your money, you have to take that risks and without taking it then you will not be able to gain anything sitting you money in your pocket or bank account.

If you think is this way then you can't invest your money in any product because your theory applies to them as well. So you can't grow your money if you don't invest. If you consider most safe investment like gold also give you give sometimes losses so you should properly diversify your funds into different products like. Some in real estate, shares, bitcoins, casino bankrolls, gold and etc., If you do proper diversification then you can increase your profit margins.

There are in some site that open investment but before you invest on them, the first check they are reliable site or not, then checked too, how long they are was run their business.

P.S : you can check other thread if im not wrong there are some people ask where they can invest their money.

Yes that is true and both trading and investing is a risky thing to do, but compare with investment, you will have much less risk because whenever there is down timr, it is just your choice to sell it or not so it is fully depends on your instinct to do it. So if you dont do anything you will not get any profit. Mean while if it is on investment, you really need to hope that someone have lose big to get you good profit

You can lose a lot of money trading also. It just depends on your skill and research. I think casino investing takes a lot less research but it is also risky.

May be you are wrong, AFAIK that investing on casino is always profitable because there is house edge that support the casino which mean that in a long run people will always lose so I dont see that casino is bad for investing

And you said about trading is better, of course it is better if you have enough skills to maintain it. But if you dont have enough skills or you want some easy way then you can just investing on casino but of course it takes time to get some profit

Either you directly gamble with your money or invest in any casino bankrolls the risk of loosing money will always follow you as you never know how long that casino sites will survive and how long they will keep on sharing profits with you and that makes it an very risky affair so I would surely prefer not to invest my my neither in gambling nor in casino sites.

It looks like OP is asking to invest in gambling bankrolls not to gamble. Not only coinroyale, but most of the casinos are also giving these 100% bonuses for your first deposit. But gambling is very risky compared to investing on those casino bankrolls. I choose to invest on few good casino bankrolls than just putting my money on any one site.

Its reallly a small amount to invest and even on gambling sites or casinos sites it doesnt make any difference. Actually putting up money on casino or gambling sites are good even though they promise small returns but still a good choice as long you have big amount of bitcoin to put.

I think here you can't make a big profit then a big loss .
Actually 0.2 to 0.3 BTC is a very small amount , But suppose you made investment in a casino site then you will get what ?? Nothing than a very small percentage of your actual profit of investment . Secondly risk is more to invest in a casino .. Because you can't get profit every time , So probably here investment in the casino site is like gambling with your Bitcoin .
So I will suggest you to keep himself away from the casino investment .
But if you want still invest  then I will suggest to invest in cryptogame , safe dice , moneypot etc these are most common which are accepting investment .

According to my consciencement, Coinroyale.com is the biggest and best ever in which you can invest and gamble your bitcoins. You will also get 100% bonus upon your first deposit when using code WECOMEBTC. They let you cashout fast. Although, there is a small risk involvement in it.

I do not know in which Bitcoin gambling casino you should invest your Bitcoins, but I can inform you that you should not invest in:

Satoshidice scam, 500+ Bitcoins defrauded and disappeared!