Investing in a casino's bankroll...Still worth it in 2024? - page 3.

ultrloa

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Quote from: Doan9269 on April 19, 2024, 01:20:52 AM

Quote from: Abiky on April 18, 2024, 07:47:20 AM

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I don't think something like this actually exist as before, because now the gamblers who may be willing on making an investment into the gambling platform would also be interested in gambling, so what he would rather choose was to make a deposit and use the fund to the satisfaction of his desire with gambling, because he also want to gamble and have fun, especially now that we have online crypto gambling casinos everywhere to use, and if at all he wishes to invest as well, he would rather choose a cryptocurrency coin and invest by himself then hold.

People who decide to invest on casino bankroll are also a gambler so they are actually choose both to gamble and invest since majority think that its safe to invest on a casino since they can earn money with them. Then choose to gamble since they try their luck to gain and also to have fun.

Online casino is big thing in gambling industry but unfortunately bank roll investment seems don't exist since we don't see these big casino offering investment anymore. So if the question is investment on this option I guess we cannot see some current data since we don't see any existing casino or I miss something that offer this again in bitcointalk.

Z390

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It's not safe to invest in casino bankroll because you can't tell which one will survive, look around you, money is slowly going into artificial intelligence, and in the next few years technology will take over, this is no doubt where the biggest money is heading, why no place yoit risks on such? AI companies will be the world leaders tomorrow not gambling.

Gambling can benefit from AI and Metaverse success but I prefer risking money on the real makers, like Microsoft and Meta for example, if you want to invest in casinos go for their tokens with a small amount of money, but if you are looking for real-world asset investment it's better to go after the real companies that are adding value to the world today, risk wise is still present but they are better.

Profitability wise I even doubt it, the result will be slower than investing on a crypto project, still have doubts? How come no casino beat Facebook or Microsoft and the Elon Musk companies? Those that are close are builders of the real world, no casino is close.

moneystery

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i don't know if it's worth it to invest in a casino bankroll since i've never tried it. however, from several reviews of people who tried it, they said that if you want to invest in a casino bankroll, you can try a popular casino that offers investment services like that. and usually the returns they offer are not fixed, they can change according to their financial performance. so it's your choice whether to invest or not.

Bitinity

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Quote from: Hypnosis00 on April 19, 2024, 01:03:56 AM

Honestly, I can't find any casinos nowadays that starts accepting investors like when they are at the early stage, it looks like they already had a private investors before they introduce their product to the market.

Quote from: Doan9269 on April 19, 2024, 01:20:52 AM

I don't think something like this actually exist as before,

There are still some casinos where users can invest in their bankroll such as:
bustabit: https://bustabit.com/#bankroll
bustadice: https://bustadice.com/invest
mintdice: need to have an account to access the investment page.
There can be still some other that I dont notice but there were more casinos in the past but some of them are already close such as Yolodice and Bit-exo. Most new casinos that popped up in the last few years is indeed has no bankroll investment feature. Since the last few years, most new casinos prefer to have something like internal token where players can buy or earn it to be staked in the casino to get few percent profit from the house.

Doan9269

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Quote from: Abiky on April 18, 2024, 07:47:20 AM

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I don't think something like this actually exist as before, because now the gamblers who may be willing on making an investment into the gambling platform would also be interested in gambling, so what he would rather choose was to make a deposit and use the fund to the satisfaction of his desire with gambling, because he also want to gamble and have fun, especially now that we have online crypto gambling casinos everywhere to use, and if at all he wishes to invest as well, he would rather choose a cryptocurrency coin and invest by himself then hold.

ryzaadit

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People want two things for Investing in Bankroll Casino.
1. Safe
2. Profitable

The reason, right now is not quite popular most famous casinos are not open to any bankroll investment. Meanwhile, the casino that are opened usually are not quite famous or have high activity from the users, so people are quite worried.

In other reason, some of casino already closed their investment bankroll or closed them / the investment has been change by token version. I don't think right now is worth, If there has some casino are still worth the risk are quite high (like the casino is closed without further notice or running).

Hypnosis00

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Quote from: PX-Z on April 18, 2024, 07:31:56 PM

If there's a new open casino that accepts investments with known team who had operate a successful crypto business and casino before, i will be willing to invest and i guess its still worth it.

What kind of investment you are planning, is it through crowd funding or private investment.
Honestly, I can't find any casinos nowadays that starts accepting investors like when they are at the early stage, it looks like they already had a private investors before they introduce their product to the market.

Quote from: PX-Z on April 18, 2024, 07:31:56 PM

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.

Maybe you haven't invested on a right casino, but when it's old and establish, the rate might be low and you need a decent capital so you'll be satisfied with the potential profit you'll make.

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Quote from: Dr.Bitcoin_Strange on April 18, 2024, 04:09:34 PM

-snip-
None of the casinos that I am using support the bankroll investment, and it could be because people don't seem to be much interested in it any longer. Look at this thread( Are people still interested in bankroll investment ?); some new and old gamblers don't even know there was anything like that.
-snip-

I have been around for a while and this is the first time I read about investing in casino bankrolls. In fact, I have always wondered how new sites managed to get the funds needed to start their operations, and continue in the business after paying a few jackpots. I thought that it was because of big funds which provided an inexhaustible flow of money, but I'm happy to see that in many cases that money flow came/comes from a more cooperative effort instead.

Apocollapse

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Investing in casino is like owning shares of a company, so you need make sure if the company (casino) have a lot traffic and keep making money, otherwise you're end up being scammed or lost.

I don't see there are many players gamble on those casinos that offer bankroll investment, perhaps only Bustabit still has it's own players and they're an OG in crash games, so they can survive and still make a lot money until now.

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Quote from: danherbias07 on April 19, 2024, 12:45:08 AM

Read this posts by @mindrust and you will see something decent.
https://bitcointalksearch.org/topic/--5487269

Low income but long-term it could be profitable and since that gambling site has a good reputation, I doubt your Bitcoin will get stuck there or be scammed.
I don't have enough funds yet to invest in it but I am already thinking about it and am on my way to doing the same and investing with them. It's better than having joint pain in doing faucets which I have done before and that's why I know how difficult to do it just to gain a few satoshis. Plus, there are not many websites that offer faucets because the value of Bitcoin increasing every moment and there's more expectation that it will continue because of the Bitcoin halving coming near. Or was it later? (timeline difference)
I'd rather stick with this one but I have not checked yet if they have the minimum amount of time that it should stay in the investment or can it be plug and play kind of thing where you get in and can get out anytime unlike the staking process.

I'm already allocating how much I want to invest in it and so far, it's looking good, I'm quite busy with my other things in life so I can't deal with it but once I'm through, I'm going to do it, I'm bookmarking it so I don't forget to do it in case I finish what I'm doing right now. Maybe tightening the budget right now could be a possible thing to do so you don't have to worry about not putting in enough money, take it slow because I think that you can still put in more bitcoin even if you have already invested.

danherbias07

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Read this posts by @mindrust and you will see something decent.
https://bitcointalksearch.org/topic/--5487269

Low income but long-term it could be profitable and since that gambling site has a good reputation, I doubt your Bitcoin will get stuck there or be scammed.
I don't have enough funds yet to invest in it but I am already thinking about it and am on my way to doing the same and investing with them. It's better than having joint pain in doing faucets which I have done before and that's why I know how difficult to do it just to gain a few satoshis. Plus, there are not many websites that offer faucets because the value of Bitcoin increasing every moment and there's more expectation that it will continue because of the Bitcoin halving coming near. Or was it later? (timeline difference)
I'd rather stick with this one but I have not checked yet if they have the minimum amount of time that it should stay in the investment or can it be plug and play kind of thing where you get in and can get out anytime unlike the staking process.

Poker Player

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It is a pity because done correctly and with an honest site it is a way to profit from gambling in the long term. As far as I can see it was possible in the past but nowadays there are few options if at all. The problem especially if you invest in Bitcoin is that you give up your private keys for extra profitability but it could be done with a small percentage of your holdings.

Quote from: Dr.Bitcoin_Strange on April 18, 2024, 04:09:34 PM

List of some old casinos that support bankroll investment.

Bitvest.io

BTC, ETH, BCH, LTC, DOGE

2015

From that list, if bitvest continues to accept investments, I won't even put a satoshi in there. If someone invests and then spends half a year to get paid when he wants to withdraw, don't be surprised.

Quote from: Kemarit on April 18, 2024, 06:24:25 PM

There's one user who share his gambling investment and it looks like it didn't turn out to be good, GAMBLING SITE INVESTMENT.

Why do you say that? In the last update he said that his profits had dropped a little, which is normal, as there is volatility but he had profits.

Julien_Olynpic

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Typically, such investments are offered by startups that lack capital. For some reason, these startups can't take out a traditional loan or get investor money. Or they don't have their own capital. This is always a problem and it is always a question for the private investor. If a company has such difficulty raising funds, what is the likelihood of it going bankrupt? We know that most startups (80%) close within 1-2 years, unable to withstand the competition. It's a sad story, but it's true. By the way, the fact that startups often raise funds at very high interest rates is also based on this pattern. For example, they may pay their investors 40% per annum. It is difficult to say how they will recoup their funds, but these investments could be interesting.

tabas

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Quote from: Abiky on April 18, 2024, 07:47:20 AM

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

There are questions as well like this that's been brought but it's not mainly about the bankroll investment that casinos do offer but more of their tokens. They're different ways of investing to a casino but if it's about what I prefer, it's to be with the house and that's through their bankroll. As for their tokens, it's hard to rely on it because the casino that has their own native token could have some control on it but once they're flocked by big traders, they will have no control over the volatility that it gets. So far I see only a few of them doing well but the rest, they're likely going to be seen with the lowest volume and whoever invests there might not be able to see the worth of their money.

Quote from: PX-Z on April 18, 2024, 07:31:56 PM

If there's a new open casino that accepts investments with known team who had operate a successful crypto business and casino before, i will be willing to invest and i guess its still worth it.

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.

I might do that as well but it's just only if the devs are known. Otherwise, if it's a random one, we'd be better be off and ignore them.

yahoo62278

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Bustabit and Bustadice were still accepting investments last I knew. Even though they recently sold, the owner seems to have been associated with the project since the beginning.

As far as most of the other casinos, A lot seem to turn scam once they tokenize themselves. There might be a few legit investments out there but DYOR and be careful.

PX-Z

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If there's a new open casino that accepts investments with known team who had operate a successful crypto business and casino before, i will be willing to invest and i guess its still worth it.

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.

Hispo

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I would not dare to suggest anyone where they are supposed to put their money into, to be honest. Anyone is supposed to be responsible of their own capital. Though, in my opinion, investing in casino bankrolls must be one of the safest investments in the long term, in the end the house always wins, doesn't ?
However, in my opinion, one also needs to take in consideration two important factors which could affect the total yield of the investment: the reputation of the casino and also the liquidity/site of the investment. It does not make sense to invest in a multimillion dollar casino with only a few bucks. Tongue

I had considered to give some of my money to a casino before and see if it can grow, but so watching about relying my satishis to a decentralized entity like that makes me twice twice and I end up not doing it.
Anyone is free to do whatever they want with their money, as long as they know what they are doing.

Also, I personally would prefer to invest in bankroll than buying casino tokens. Just my two cents.

Kemarit

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Quote from: Abiky on April 18, 2024, 07:47:20 AM

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

There are still some gambling platforms that offers investment directly, thru Bitcoin or their native token. Unfortunately it's no longer the hype and those investors could have lost money as well as there could be months that the casino is losing money unfortunately.

There's one user who share his gambling investment and it looks like it didn't turn out to be good, GAMBLING SITE INVESTMENT.

So I would stir away from this kind of options for now, it's not viable as it was once was in maybe 2015-2018 era.

South Park

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Quote from: Abiky on April 18, 2024, 07:47:20 AM

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I remember those days as well, but just like faucets and other things that were the norm back then, investment in casinos bankrolls has come to an end, we must remember that at the time many people, especially institutional investors, were very skeptical about bitcoin and the market in general, so casino owners had a lot of problems raising the money necessary to keep themselves in business, so they needed the community to lend them their money and they paid you some of their profits, but as this market has become mainstream, it is now easy for casinos to get investors which supply them with a lot of money, marking an end to the need for casinos to look for investors in this particular way.

Onyeeze

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Quote from: Abiky on April 18, 2024, 07:47:20 AM

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I think that it will be better for you to skip anything that conscience online casino investment so invested in Bitcoin should be more propagated them the casino can of investment because Casino is a gambling under which he know the objective of creating their sights why if you invest in Bitcoin you can have access to it and you are the one that will be in touch of it for my own advice I think that's between investment should be more preferable because of how it operates and how the demand controls this applies sometimes not almost every time

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