Pages:
Author

Topic: Invest in bitcoin casino bankroll (Read 1098 times)

legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
November 04, 2019, 10:42:06 AM
I highly support our thoughts. It is best to not invest in gambling related stuff. But still someone has decided to do this, he must not go with a startup. Established and renowned ones must be his choice. Instead of taking such risks, it is best to not do anything with your bitcoin holdings. Let them sit for a good duration of time and you will be making far more than what these bankrolls have to offer.

I didn't imply that it's best to not invest in gambling sites. Investment is business, not gambling.
Just one casino may go better than another, one may have bigger bankroll than another, one may have better management than another.
Like for any investment, doing the homework and acknowledging the risks is a must. Don't take it granted that if you lose money at a casino, the investors get a good month; it can be others having jackpot (maybe more than you'd expect), for example.
sr. member
Activity: 994
Merit: 252
November 04, 2019, 05:50:44 AM
One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.

It's not only about patience.

I've invested in the bankroll long ago. I don't even remember which casino was it.
The casino was young, the total bankroll was probably small (bitcoin price was small too). My investment was also rather small.
However, when I've checked some weeks later, I was losing money. Maybe it was a mistake, maybe it was my lack of knowledge and patience, I withdrew my remaining money to contain the damage. I've never invested in bankroll again.

So it's a risky investment, which requires some knowledge, patience and money you afford to lose.


PS. Please don't compare investing with gambling. Gambling is not a way to earn money (because a good win vs lose ratio is obviously not guaranteed).
   I highly support our thoughts. It is best to not invest in gambling related stuff. But still someone has decided to do this, he must not go with a startup. Established and renowned ones must be his choice. Instead of taking such risks, it is best to not do anything with your bitcoin holdings. Let them sit for a good duration of time and you will be making far more than what these bankrolls have to offer.
sr. member
Activity: 2492
Merit: 277
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 03, 2019, 03:23:06 AM
One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.

It's not only about patience.

I've invested in the bankroll long ago. I don't even remember which casino was it.
The casino was young, the total bankroll was probably small (bitcoin price was small too). My investment was also rather small.
However, when I've checked some weeks later, I was losing money. Maybe it was a mistake, maybe it was my lack of knowledge and patience, I withdrew my remaining money to contain the damage. I've never invested in bankroll again.

So it's a risky investment, which requires some knowledge, patience and money you afford to lose.


PS. Please don't compare investing with gambling. Gambling is not a way to earn money (because a good win vs lose ratio is obviously not guaranteed).
Investing on a casino with less bankroll and less traffic is always risky though because we cannot say the lost amount from gamblers will exceeds the reward amount but with the casino having huge bankroll and more people betting there with high bet amounts then surely it is not going to affect the capital of invested person but the ROI is nothing camparable with the rewards from gambling that is why people see gambling as investment rather than investing on their bankroll.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
November 02, 2019, 05:34:55 PM
One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.

It's not only about patience.

I've invested in the bankroll long ago. I don't even remember which casino was it.
The casino was young, the total bankroll was probably small (bitcoin price was small too). My investment was also rather small.
However, when I've checked some weeks later, I was losing money. Maybe it was a mistake, maybe it was my lack of knowledge and patience, I withdrew my remaining money to contain the damage. I've never invested in bankroll again.

So it's a risky investment, which requires some knowledge, patience and money you afford to lose.


PS. Please don't compare investing with gambling. Gambling is not a way to earn money (because a good win vs lose ratio is obviously not guaranteed).
Investing in casino bankrolls is still an investment and as we know when you make an investment you can gain money but you can lose it as well, however it is not really normal that a casino loses money for a long period of time especially when they have the odds in their favour as such only two explanations come to me when I try to explain this occurrence, the first is the most simple the casino is probably a scam and they are not giving you the profits that rightfully belongs to you.

The other explanation is that the casino is being mismanaged and they are accepting bets that are too big for the bankroll they have available, when that happens even with the odds in their favour if a player with a lot of money gets lucky their bankroll will suffer as a result of this.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
November 01, 2019, 10:29:14 AM
One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.

It's not only about patience.

I've invested in the bankroll long ago. I don't even remember which casino was it.
The casino was young, the total bankroll was probably small (bitcoin price was small too). My investment was also rather small.
However, when I've checked some weeks later, I was losing money. Maybe it was a mistake, maybe it was my lack of knowledge and patience, I withdrew my remaining money to contain the damage. I've never invested in bankroll again.

So it's a risky investment, which requires some knowledge, patience and money you afford to lose.


PS. Please don't compare investing with gambling. Gambling is not a way to earn money (because a good win vs lose ratio is obviously not guaranteed).
hero member
Activity: 2968
Merit: 687
November 01, 2019, 10:18:47 AM
Compared to gambling and then losing all the money, I guess investing into casinos must be a good decision for all gamblers' perspective. I mean to say whether it will be small or bigger profits, at least by investing in casinos, we are into the positive side rather than what we are usually doing in gambling.

By allowing common people to be taking part in their bankroll, I believe casinos most probably are losing some set of gamblers because instead of risking in gambling activities, people would have chosen a risk-free method. By considering the fact how usually gamblers are losing while gambling, casino's income generation should be great hence their profit sharing among investors also should be great.

Gamblers will continue to gamble differently with investors, this investor will invest. Investors and gamblers have a different perspective on this, if you are a gambler then you will continue to gamble unless you will decide to become an investor. Many gamblers here and they know about this bankroll, but why don't they choose to invest? the answer is because they always chase the jackpot / luck. That is what is always in the mind of gamblers, therefore there is always greed in them.
One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.
legendary
Activity: 2030
Merit: 1189
November 01, 2019, 09:18:48 AM
Yep, crypto-games.net is one such platform.

I was personally invested with crypto-games for a long time, but recently cashed out my investment after needing to make a big purchase.

It doesn't offer leverage though, but it does have an excellent ROI.

You can actually check some of the past month's ROI in Lutpin's thread here: https://bitcointalk.org/index.php?topic=2445163.80

It's not upto date, but it's more than most platforms show.
legendary
Activity: 2212
Merit: 1008
November 01, 2019, 06:19:29 AM
Compared to gambling and then losing all the money, I guess investing into casinos must be a good decision for all gamblers' perspective. I mean to say whether it will be small or bigger profits, at least by investing in casinos, we are into the positive side rather than what we are usually doing in gambling.

By allowing common people to be taking part in their bankroll, I believe casinos most probably are losing some set of gamblers because instead of risking in gambling activities, people would have chosen a risk-free method. By considering the fact how usually gamblers are losing while gambling, casino's income generation should be great hence their profit sharing among investors also should be great.

Gamblers will continue to gamble differently with investors, this investor will invest. Investors and gamblers have a different perspective on this, if you are a gambler then you will continue to gamble unless you will decide to become an investor. Many gamblers here and they know about this bankroll, but why don't they choose to invest? the answer is because they always chase the jackpot / luck. That is what is always in the mind of gamblers, therefore there is always greed in them.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
November 01, 2019, 04:48:50 AM
I have made an investment of around 1k in a crypto casino.
After 1 month I am in positive trend but not a lot has been made as profit. I wonder if I have made some wrong decision in choosing bankroll or it is just like that.
It's already a good decision even if that's only a small amount of profit that means that you have a good investment already and place your money in the right place. I don't think that it is wrong on a decision you made.
It's definitely a good decision to invest in the bankroll of a casino, as the casino have a house edge which makes them money in long run. There can be a few high rollers in between that make money in the casino, but surely in the long run it is the casino that's going to win and give you the profit for investing in them.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
November 01, 2019, 04:40:00 AM
I have made an investment of around 1k in a crypto casino.
After 1 month I am in positive trend but not a lot has been made as profit. I wonder if I have made some wrong decision in choosing bankroll or it is just like that.
It's already a good decision even if that's only a small amount of profit that means that you have a good investment already and place your money in the right place. I don't think that it is wrong on a decision you made.
Compared to gambling and then losing all the money, I guess investing into casinos must be a good decision for all gamblers' perspective. I mean to say whether it will be small or bigger profits, at least by investing in casinos, we are into the positive side rather than what we are usually doing in gambling.

By allowing common people to be taking part in their bankroll, I believe casinos most probably are losing some set of gamblers because instead of risking in gambling activities, people would have chosen a risk-free method. By considering the fact how usually gamblers are losing while gambling, casino's income generation should be great hence their profit sharing among investors also should be great.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 01, 2019, 04:39:33 AM
You just have to choose which one looks better on you. There are other options where you can invest like in nexo.io which has been advertising almost everywhere on google ads.

I guess that you are aware of knowing what are the good and bad casinos. And through it, you can have the good casinos as an option and if there will be a casino that will be suggested to you by an unknown guy, don't believe it quickly.
full member
Activity: 1330
Merit: 248
November 01, 2019, 04:29:28 AM
I have made an investment of around 1k in a crypto casino.
After 1 month I am in positive trend but not a lot has been made as profit. I wonder if I have made some wrong decision in choosing bankroll or it is just like that.
It's already a good decision even if that's only a small amount of profit that means that you have a good investment already and place your money in the right place. I don't think that it is wrong on a decision you made.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 31, 2019, 03:16:52 AM
Whenever bitcoin is involved, the matter becomes an important one. It is good to invest in some business based on bitcoin and nothing can be better than getting shares in the form of bitcoin. However, if the invested money was in the form of bitcoin then I really hope, the casino is not a fraud. Moreover, I would suggest to invest in bitcoin directly and trade with it to make money.

Unfortunately, we do not know many business investments based on bitcoin. I only know about lending in bitcoin, and invest in the gambling games, the rest of the other might be a scam. But maybe I don't know the other business that we can use for investing in bitcoin because I don't invest using bitcoin anymore. I am better to trade to earn some bitcoin than investing in the unknown program except to invest in the gambling site.
We can also buy and sell products for bitcoin which could be another form of making money through trading crypto currencies but these things are more risky compared to investing in casinos where we no need any effort but the returns from investment will be lesser but it can be considered as bonus while hodling our cryptos.

Yes, that will be a solution to people who want to make money, and I think that will be safer than investing in the casino. But you need to choose the right product, so you don't have to wait too long to sell and make a profit. I think the risk will not too big compared to investing in the casino because we can decide on how much money we will need to buy the product, we can choose how much profit we want so we can get the new price to sell the product. But if you invest in the casinos, you should wait for some time to see your investment will give a profit, and sometimes you need to wait for a long time.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
October 31, 2019, 12:46:38 AM
Whenever bitcoin is involved, the matter becomes an important one. It is good to invest in some business based on bitcoin and nothing can be better than getting shares in the form of bitcoin. However, if the invested money was in the form of bitcoin then I really hope, the casino is not a fraud. Moreover, I would suggest to invest in bitcoin directly and trade with it to make money.

Unfortunately, we do not know many business investments based on bitcoin. I only know about lending in bitcoin, and invest in the gambling games, the rest of the other might be a scam. But maybe I don't know the other business that we can use for investing in bitcoin because I don't invest using bitcoin anymore. I am better to trade to earn some bitcoin than investing in the unknown program except to invest in the gambling site.
We can also buy and sell products for bitcoin which could be another form of making money through trading crypto currencies but these things are more risky compared to investing in casinos where we no need any effort but the returns from investment will be lesser but it can be considered as bonus while hodling our cryptos.
What you've suggested is far better than investing on casinos. These days there were large number of casinos available, to find the trusted one is really a hard process. When you buy a product and sell it for bitcoin, even if there is fluctuation in price you can profit, if not you can eliminate the loss. With bankroll investment everything is upon trust. Something goes wrong, the fund is lost forever.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
October 30, 2019, 04:09:49 PM

We can also buy and sell products for bitcoin which could be another form of making money through trading crypto currencies but these things are more risky compared to investing in casinos where we no need any effort but the returns from investment will be lesser but it can be considered as bonus while hodling our cryptos.

Not entirely true. Many sites feature leverage on investments, and in the event of a large win on the site, you could have your investment wiped out through using excessive leverage. Even without leverage, there's still a relatively small chance that the casino could lose money at least temporarily and you could lose some of your investment, though I do agree that it's certainly less risky for most people than trading.

Also consider the risk of the site where you're investing your coins just taking off with your investment. It's unlikely with more established sites, but it can happen, and you could be at risk should your casino get hacked and funds removed as well. Nothing is ever entirely risk-free, and you should always consider this.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 30, 2019, 08:36:13 AM
Whenever bitcoin is involved, the matter becomes an important one. It is good to invest in some business based on bitcoin and nothing can be better than getting shares in the form of bitcoin. However, if the invested money was in the form of bitcoin then I really hope, the casino is not a fraud. Moreover, I would suggest to invest in bitcoin directly and trade with it to make money.

Unfortunately, we do not know many business investments based on bitcoin. I only know about lending in bitcoin, and invest in the gambling games, the rest of the other might be a scam. But maybe I don't know the other business that we can use for investing in bitcoin because I don't invest using bitcoin anymore. I am better to trade to earn some bitcoin than investing in the unknown program except to invest in the gambling site.
legendary
Activity: 2268
Merit: 1655
To the Moon
October 30, 2019, 06:53:53 AM
I sometimes think about why Bitcoin casino attracts additional investment in the project. After all, as a rule, such casinos have been operating for a long time and they have long debugged their business, and there is no need to share their profits with others.
You dont know whats their actual reason why these established gambling sites do still accept investments.Take for example on Bustabit and Crypto-games.
even they do already had sufficient big bankroll but they do still accept investors to their site.One reason on my mind is to extent out their bankroll scope.
Sharing into its investors isnt really that bad and also come to think that it isnt an easy profits because theres always a risk even if you are together with the house.
Anyway, I have not decided this question for myself. If the casino operates legally, then any bank will give it a loan for development. And the percentage will then be lower than from the investor.
hero member
Activity: 2730
Merit: 632
October 29, 2019, 01:35:47 PM
...trusted bitcoin casinos which offers dividends (like 5-10% per year) ...
Although the proposed 5-10% per annum when investing in a bankroll is more than the bank can offer, I would not risk it due to a few percent. But if you made such a decision, then be careful, try to learn more about Bitcoin casinos.

I think 10% dividends is too low though for a casino. As even banks now a days provide that much interest. I think it should be more with respect to the leverage. A more amount should sure help bring more investors looking for easy profits Cheesy
I sometimes think about why Bitcoin casino attracts additional investment in the project. After all, as a rule, such casinos have been operating for a long time and they have long debugged their business, and there is no need to share their profits with others.
You dont know whats their actual reason why these established gambling sites do still accept investments.Take for example on Bustabit and Crypto-games.
even they do already had sufficient big bankroll but they do still accept investors to their site.One reason on my mind is to extent out their bankroll scope.
Sharing into its investors isnt really that bad and also come to think that it isnt an easy profits because theres always a risk even if you are together with the house.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
October 29, 2019, 01:28:41 PM
I think 10% dividends is too low though for a casino. As even banks now a days provide that much interest. I think it should be more with respect to the leverage. A more amount should sure help bring more investors looking for easy profits Cheesy
It is up to each person to decide whether an investment is good for them or not, getting 10% per year by investing in a casino is not that bad especially if you do not know anything about investments and you are not a talented trader, but if you can do any of those two things then those kind of profits are very low and there is no point in investing your coins in a casino when you can obtain so much more with the advantage that you do not need to give up your coins to them.

As you can see there is not a standard answer about whether that 10% is good profit or not because that will depend entirely on your skills and how much money you can generate per year on your own.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 28, 2019, 08:37:14 AM
...trusted bitcoin casinos which offers dividends (like 5-10% per year) ...
Although the proposed 5-10% per annum when investing in a bankroll is more than the bank can offer, I would not risk it due to a few percent. But if you made such a decision, then be careful, try to learn more about Bitcoin casinos.
Whenever bitcoin is involved, the matter becomes an important one. It is good to invest in some business based on bitcoin and nothing can be better than getting shares in the form of bitcoin. However, if the invested money was in the form of bitcoin then I really hope, the casino is not a fraud. Moreover, I would suggest to invest in bitcoin directly and trade with it to make money.

Maybe if we want to invest our bitcoin in the gambling site, we need to search for the trust gambling site. But I think it is we cannot expect to make a big return for the investment because I think the percentage of profit sharing will not be too big for the investor and the website owner. And if we cannot accept that, we can go on to invest with them. But still, be careful to invest in the gambling site and only choose the gambling site, which has a good reputation.
Pages:
Jump to: