Pages:
Author

Topic: Instead of Gambling Invest in the BANKROLL - page 7. (Read 10872 times)

full member
Activity: 1092
Merit: 117
For most people playing at casinos, gambling already became a habit because they are used to do it very often. They are used to sit in their comfortable coach and just enjoy playing and try to earn some extra money. Gamblers visit casinos to spend their time playing different games but if you are investing in the bankroll all the fun goes away,you have to find something else to do during the time you were usually gambling and also the profits are not very big.
We are talking about two different things here. Investing and gambling. It's pretty hard to convince an investor to stop investing and start gambling and so it is the other way.
legendary
Activity: 2604
Merit: 1036
If I wanted to do that I would rather go and try to start my own casino instead.  It doesn't take much starting capital to make your own online casino and it is one of the best business models because you are guaranteed to make a profit.  Nothing like real life casinos that require a lot of money to run.

Are you sure about that?  Grin
hero member
Activity: 1120
Merit: 554
If I wanted to do that I would rather go and try to start my own casino instead.  It doesn't take much starting capital to make your own online casino and it is one of the best business models because you are guaranteed to make a profit.  Nothing like real life casinos that require a lot of money to run.
legendary
Activity: 1918
Merit: 1728
I agree that only small number of gamblers are actually able to make profits out of gambling but earning money is not the objective of every gambler. Fun element is primary and foremost reason of gambling. So I don't believe investing in bankroll is as enjoyable as placing bets, is it?  Roll Eyes
Moreover, if earning money is actual objective then there are many other options available for investors rather than going for investment in bankrolls. Most of the casinos pay 4-5% return on bankroll at maximum.  Such return is very low in crypto domain when compared to fluctuations in prices.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.

There are ample examples available where people have made money which is out of their expectation from gambling! Also there are people who are consistently making money from gambling! Probably you have experienced the reverse side of it, but that doesn't mean people are not making money! 

Quote
Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?

I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.

A lot of gamblers are also investors of the gambling websites! I know at least a dozen of them and I am also one of them! It makes complete sense to invest in legal and trusted gambling websites and to make money out of it. However, I seriously didn't digest your statement " so you'd be able to make some money off of people like you?"! It's very derogatory and discriminating in nature! Gambling doesn't always mean negative things! People play to have fun and some adrenaline rush as well, not everyone is aiming to "get rich quick" from gambling!

I mean with that same line of thinking, there are ample amounts of people that win the lottery -- that doesn't mean that winning the lottery is guaranteed. In the long run in any sort of gambling, the house is going to win. The house has an edge (which is different depending on the game and the site) and they're going to beat you.

So why try to beat someone that's going to inevitably beat you when you can just win by investing in them.
legendary
Activity: 3080
Merit: 1500
I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.

There are ample examples available where people have made money which is out of their expectation from gambling! Also there are people who are consistently making money from gambling! Probably you have experienced the reverse side of it, but that doesn't mean people are not making money! 

Quote
Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?

I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.

A lot of gamblers are also investors of the gambling websites! I know at least a dozen of them and I am also one of them! It makes complete sense to invest in legal and trusted gambling websites and to make money out of it. However, I seriously didn't digest your statement " so you'd be able to make some money off of people like you?"! It's very derogatory and discriminating in nature! Gambling doesn't always mean negative things! People play to have fun and some adrenaline rush as well, not everyone is aiming to "get rich quick" from gambling!
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.

Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?

I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.

Pages:
Jump to: