Investing in Bitcoin Casinos - page 4.

Randian Hero

sr. member

Activity: 439

Merit: 250

Quote from: BitBatFan on March 06, 2016, 09:38:13 AM

basically you have 6 options:
https://safedice.com
https://www.crypto-games.net
https://betking.io
https://www.bitdice.me/
https://satoshidice.com
https://www.moneypot.com/

Correct me if I'm wrong but I believe SD has the highest EV out of those. This means that your payout is bigger, but the the optimal for an investor is also that number of bets are huge. SD is also not only a Dice game but also a slot game that gives a more steady payout to investors. AAnother drawback of the site is that it already has 5000+ BTC invested, so you'd have to invest quite a bit in order to get a big share of the bankroll.

Randian Hero

sr. member

Activity: 439

Merit: 250

Quote from: talkbitcoin on March 06, 2016, 09:48:02 AM

sorry for hijacking your topic but i have a question that you might also want to know.

are these casinos guarantee the profit percent no matter what happens or is it depending on how the users of the casino bet.
for example if 100 users lose a total of 1BTC and one lucky user wins 1.5BTC are they going to take that loss out of your investment too?

They don't guarantee profit. They only let you be part of the bankroll. This means that if players win and make the bankroll shrink, so will your investment.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: Zaun on March 06, 2016, 12:31:16 PM

I think this is not a good idea because casino's can collapse pretty fast and you will lose a your money because of that.
You can better invest in normal thing that has more potential, there are already a lot of casino's these days so the succeed rate is also less more these days.

i agree. investing in casinos is a very risky investment but there is so little other options out there to invest bitcoin and sometime you have no choice but to take the risk if you want to invest your bitcoin.
i was thinking about investing in safedice myself if it was possible.

Zaun

hero member

Activity: 770

Merit: 500

Forza Roma

I think this is not a good idea because casino's can collapse pretty fast and you will lose a your money because of that.
You can better invest in normal thing that has more potential, there are already a lot of casino's these days so the succeed rate is also less more these days.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: BitcoinHodler on March 06, 2016, 10:42:10 AM

wow i did not know this.
i have always thought investing in bankroll of these websites means that you get a profit each month like a cloudmining investment for example!

You will get profit "most of the time" assuming that you are investing for the long term than casino will keep on getting profit because of the house edge. Some variances could be hurting your investment however it will sure recover as long as the casino could get a significant wagered volume every month .

Take moneypot as example, they lost more than 40 btc two months ago and the investors were in deep red however they have now recovered everything and made 14 btc in profit

twister

hero member

Activity: 672

Merit: 501

Quote from: BitBatFan on March 06, 2016, 09:38:13 AM

basically you have 6 options:
https://safedice.com
https://www.crypto-games.net
https://betking.io
https://www.bitdice.me/
https://satoshidice.com
https://www.moneypot.com/

There's also just-dice.com, a very trusted and long running website by dooglus but since it is clams only now, OP has to convert the coins into it before investing.

BitcoinHodler

hero member

Activity: 1456

Merit: 578

HODLing is an art, not just a word...

Quote from: SyGambler on March 06, 2016, 09:58:28 AM

I don't know what I should recommend since you are looking for both EV and daily wagers
I'm an investor in bitvest and so far I'm satisfied , but you may not like it cause the wagers are still small cause the site is kinda new
I would advice you to divide you bankroll and start testing every trusted site here , you can judge by the results yourself

Quote from: talkbitcoin on March 06, 2016, 09:48:02 AM

sorry for hijacking your topic but i have a question that you might also want to know.

are these casinos guarantee the profit percent no matter what happens or is it depending on how the users of the casino bet.
for example if 100 users lose a total of 1BTC and one lucky user wins 1.5BTC are they going to take that loss out of your investment too?

no of course there is no guarantee , when the players lose you make money and when they win you lose money
otherwise you wouldn't see sites accepting investments

wow i did not know this.
i have always thought investing in bankroll of these websites means that you get a profit each month like a cloudmining investment for example!

Dogedigital

legendary

Activity: 1330

Merit: 1000

There are several factors to consider:

- The betting volume that they experience (the more the better)
- The amount of your investment in ratio to the overall invested total (the bigger the better)
- The average house edge (the more the better)
- The amount of commission taken (the less the better)
- The dependability of the site in regards to all past, present, and future
- Access and contact with the people behind the site
- Room for growth and how maintained the site is

There are a few others that I've left out or missed. I'd be happy to answer any other questions or concerns you might have.

SyGambler

legendary

Activity: 2436

Merit: 1804

guess who's back

I don't know what I should recommend since you are looking for both EV and daily wagers
I'm an investor in bitvest and so far I'm satisfied , but you may not like it cause the wagers are still small cause the site is kinda new
I would advice you to divide you bankroll and start testing every trusted site here , you can judge by the results yourself

Quote from: talkbitcoin on March 06, 2016, 09:48:02 AM

sorry for hijacking your topic but i have a question that you might also want to know.

are these casinos guarantee the profit percent no matter what happens or is it depending on how the users of the casino bet.
for example if 100 users lose a total of 1BTC and one lucky user wins 1.5BTC are they going to take that loss out of your investment too?

no of course there is no guarantee , when the players lose you make money and when they win you lose money
otherwise you wouldn't see sites accepting investments

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

sorry for hijacking your topic but i have a question that you might also want to know.

are these casinos guarantee the profit percent no matter what happens or is it depending on how the users of the casino bet.
for example if 100 users lose a total of 1BTC and one lucky user wins 1.5BTC are they going to take that loss out of your investment too?

BitBatFan

sr. member

Activity: 258

Merit: 250

basically you have 6 options:
https://safedice.com
https://www.crypto-games.net
https://betking.io
https://www.bitdice.me/
https://satoshidice.com
https://www.moneypot.com/

Oscoda

full member

Activity: 224

Merit: 100

Quote from: jjoorriissjjuuhh on March 06, 2016, 09:00:33 AM

Quote from: Kotone on March 06, 2016, 08:59:40 AM

Quote from: jjoorriissjjuuhh on March 06, 2016, 08:52:23 AM

Hello, I have gathered my fair share of BTC by now and I am ready to start investing it.

My choice was to pick a bitcoin casino and invest in their bankroll.

The question is, what Bitcoin Casino offers the Highest EV? (EV = coins wagered * house edge)

Also I am starting low with my investment for information.

So in short, what btc casino will give me the best ROI in my investment and is sure to stay up for a couple or more years.

Actually their many to choose.
But i heard if you invested in House you can also loose.
If a player win big

I am willing to take that risk.
Would be nice if they had a big bankroll already in that case.

Yes its nice but it can also be risky if you ask me, there can be a lot of problems and a investment is never a 100% chance that you will make profit.
I think its better to just invest in something else, a casino can collapse very quickly.

jjoorriissjjuuhh

full member

Activity: 125

Merit: 100

Quote from: Kotone on March 06, 2016, 08:59:40 AM

Quote from: jjoorriissjjuuhh on March 06, 2016, 08:52:23 AM

Hello, I have gathered my fair share of BTC by now and I am ready to start investing it.

My choice was to pick a bitcoin casino and invest in their bankroll.

The question is, what Bitcoin Casino offers the Highest EV? (EV = coins wagered * house edge)

Also I am starting low with my investment for information.

So in short, what btc casino will give me the best ROI in my investment and is sure to stay up for a couple or more years.

Actually their many to choose.
But i heard if you invested in House you can also loose.
If a player win big

I am willing to take that risk.
Would be nice if they had a big bankroll already in that case.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: jjoorriissjjuuhh on March 06, 2016, 08:52:23 AM

Hello, I have gathered my fair share of BTC by now and I am ready to start investing it.

My choice was to pick a bitcoin casino and invest in their bankroll.

The question is, what Bitcoin Casino offers the Highest EV? (EV = coins wagered * house edge)

Also I am starting low with my investment for information.

So in short, what btc casino will give me the best ROI in my investment and is sure to stay up for a couple or more years.

Actually their many to choose.
But i heard if you invested in House you can also loose.
If a player win big

jjoorriissjjuuhh

full member

Activity: 125

Merit: 100

Hello, I have gathered my fair share of BTC by now and I am ready to start investing it.

My choice was to pick a bitcoin casino and invest in their bankroll.

The question is, what Bitcoin Casino offers the Highest EV? (EV = coins wagered * house edge)

Also I am starting low with my investment for information.

So in short, what btc casino will give me the best ROI in my investment and is sure to stay up for a couple or more years.

Topic: Investing in Bitcoin Casinos - page 4. (Read 2984 times)