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Topic: Invest in gambling site (what you think) - page 6. (Read 8867 times)

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
There re lots of sites where u can invest in bankroll. Most of them are profitable, not much, but profitable. However, the risk of your money being stolen s there.
legendary
Activity: 3038
Merit: 2162
Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?

Look at the rule about max win from one bet, it should be 1-2% of bankroll.

Obviously the size of bankroll determines your profit/loss, bankrolls with thousands of bitcoins would bring very small profits while bankrolls with dozens can be very risky (exit scam, house ruin, high rollers).
full member
Activity: 137
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
It depends on the website profit and players profit, so if players win you lose a little bit,and if players lose the website make profit and they will share it with you.

Good luck!
legendary
Activity: 1988
Merit: 1007
Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?

House CAN still lose. It's part of variance and is normal. There's many things to consider, such as how much of the BR you will encompass, if the site can be trusted, their volume, their HE, etc.

Like if you look at MP, it's at 200+ BTC profit now on under 800 invested. But 120+ of that was back when the BR was a quarter of what it is now. So if you had invested in the beginning, you'd easily be up 70%+ in the past 5 months.

At the same time, you could also have dropped a lot. You just have to decide if the risk is worth it to you.
legendary
Activity: 3234
Merit: 1055
Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?
legendary
Activity: 2058
Merit: 1015
Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.
full member
Activity: 124
Merit: 100
very little detail to appreciate and understand can prolong the description?
full member
Activity: 210
Merit: 100
www.secondstrade.com - 190% return Binary option
I think the first thing that you have to do is do the research about this gambling site especially in google it does help open up everything that relates to it and then after you still have to ask opinion of others or person whom you think knows about this related issue they are willing to help you out. Then after of course you need to have a full trust if you feel that what you have studied and read are facts from the source, this is always about the money that fits into your budget and be aware that there are some or unexpected losses that might occur during transaction.
legendary
Activity: 1988
Merit: 1007
investement in online is always a big time risk but if you can afford so much you can defnetly invest for gambling sites respective of security and trust. most of the trusting gambling sites who did invest there are making much more profit and there is no other problem.

Or you could lose money. Quit acting like it's a guaranteed profit. i.e., if you invested in SafeDice, you've likely lost 95%+ of your investment due to some heavy wins.
member
Activity: 65
Merit: 10
investement in online is always a big time risk but if you can afford so much you can defnetly invest for gambling sites respective of security and trust. most of the trusting gambling sites who did invest there are making much more profit and there is no other problem.
sr. member
Activity: 1192
Merit: 260
Tryig to survive in this harsh world
Online casinos are not like real ones, they can be hacked DDOSed....
legendary
Activity: 3038
Merit: 2162
You're asking an impossible question. Sites come with swings. Your profit could just as easily drop to negative. Or it could triple up in 5 minutes. Most sites will have many ups and downs.
Indeed.



What do those peaks of profit mean? Are they coming from increased traffic on weekends or something else, or just random?
legendary
Activity: 1988
Merit: 1007
If you had done MP back 13 months ago, you'd be up over 110% right now

What's MP?

MoneyPot.
member
Activity: 92
Merit: 10
If you had done MP back 13 months ago, you'd be up over 110% right now

What's MP?
legendary
Activity: 1988
Merit: 1007
Dice investment comparison

TLDR "On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites ... 13 months after .. we lost 32% of our investment"

So what you're saying is... if you give random sites your money (note: all three of those you listed that 'ran off' were less than trustworthy to begin with and were stupid gambles), you're probably going to lose it. Makes sense.

If you had done MP back 13 months ago, you'd be up over 110% right now (2.1 BTC+ would be your balance), with over 40% of that coming just from the past few months (since mid-December).
member
Activity: 92
Merit: 10
Dice investment comparison

TLDR "On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites ... 13 months after .. we lost 32% of our investment"
legendary
Activity: 1666
Merit: 1001
in my opinion i think most of the time investing in casino will bring you profit, the only thing you need to check is the credibility of the casino website and check the traffic of the website
legendary
Activity: 1988
Merit: 1007
Crypto-games?
That's right.

Just haven't seen anything like that before.
It's not (fully) public.
That's one of the graphs we made from bankroll statistics over time.
Won't disclose the coin, the timeframe or the actual amounts (I've removed them),
but it's a good (single) example on how fluctuating bankroll investments can be.

Definitely. I think a lot of people feel like BRs only go up and not down. Here's tracking for the past week and a half or so of MP (only keeping up with net change of profit):

4.790
(3.060)
3.717
(0.060)
(4.660)
1.575
18.461
(0.273)
(3.700)
8.615
17.279
(5.359)

It's largely up because of those two great days, but was down for well over a month.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
Crypto-games?
That's right.

Just haven't seen anything like that before.
It's not (fully) public.
That's one of the graphs we made from bankroll statistics over time.
Won't disclose the coin, the timeframe or the actual amounts (I've removed them),
but it's a good (single) example on how fluctuating bankroll investments can be.
legendary
Activity: 1988
Merit: 1007
Curious... what site is that for?
I'll give you 3 guesses.

Crypto-games? Tongue

Just haven't seen anything like that before.
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