Topic: Investing in Bitcoin Casinos are really worth it? - page 8. (Read 20439 times)

Well that is the main idea of investing in the casino itself, you do not create one or invest in the creation of one. You invest in the already made casino and you put your money against all the gamblers of the casino. House edge is simply that, an edge over the gamblers. It is nice for the investors and the casinos, though if it is too high then no one will gamble at that casino. There must be some sort of balance there.

Bitcoin casinos investing is possible today but extremely risky, the best way to invest passively in gambling casinos is by investing in the sites bankroll, some bitcoin gambling sites have house edge, meaning the long run, if you run them correctly they should all be profitable, however in the short run gambling site can take a hit and have to pay for gamblers and this where bankroll comes.

its needed for the investors to review more about with casino's that they will place their money, there's a lots of reputable gambling
site who offer good investment earnings, so better to review everything and find what you think that will suit you.

Casinos are always a great place to invest, with a lot of money, you can make a lot of money there. It's easy, you only need to send money there, and if the casino is profitable, you get it every week, you do not need to do anything, no work and no advertising. very easy. In addition, the risk is very low, most casinos are profitable, very rare where they show that they are at a loss. Because, they have huge capital, they can withstand all the odds, and so they are easier to profit than us.

I think its8really risky...
I understand that people do it but... i don't know if giving your coins to a casino is really a great idea.
They can leave anytime with your money and you cant9do much :/

If you are planning to invest together with the house then expect profits would really be long and not the same on those easy profits investments and it does really require patience because we do know gambling/casino sites give profits on monthly basis and if youre a type of person which dont like to wait then this investment would really not for you.

You better make your analysis simple, gambling sites in overall is really profitable as they win in the long run. Investing in gambling sites will not make give you a profit overnight, it requires you to hold longer and you need to have that patience to be able to hold that long. The problem will arise if you will invest only a small amount of money and you aim for bigger profit because you might get bored seeing your money that barely grow and you will divest and play it.

My personal experience with casino investment would tell you that yes, it is a good idea.

When Just-Dice was still using bitcoin and there were hundreds of bitcoins gambled in single bets, the profits of the casino were sky high. I recall making at least 0.05% per day on my investment which really adds up in the long run.

If you can i suggest invest on sites that allow leverage, like Bitvest and Yolodice.

With leverage you have more risk but you can also profit more.

Have you made your investment already? I'm joining the discussion a bit late but thought it wise to chime in nonetheless.

It seems a very risky proposition to me and not advisable. In essence your losing control over your bitcoins in hopes to earn a profit with no iron clad guarantees from the casino. Range trading bitcoins on the market, which is also an extremely risky proposition in today's volatile market, would probably be less risky still and is likely to yield greater returns. I would not advise that either as the the average investor will get crushed if they even attempt it.

I'm investing in bitcoin casino services that I have control over. This way I can ensure my investments are only dealing with fair online casino sites. Being diversified and bringing in bitcoins across multiple income streams is also a value added benefit. For example, last month my company Casino Holdings INC bought the popular bitcoin casino website http://bitcoin.casino/. Our goal here is to make Bitcoin.Casino the main online resource for bitcoin gamblers by adding honest reviews of bitcoin casinos players can trust. We'll do this by building a community of players sharing information with one another where players can collectively police the casinos. The gambling sites with outstanding values and principles begin to outshine the rest over time. I've seen this happen with traditional fiat online casinos since 2001 and I don't see why bitcoin casino gambling should be any different.

Good luck which ever way you decide to go. Owning your own bitcoin casino website/service is the better investment IMO...

Could give some of those sites who are not giving good profits to their investors because I'm planning to invest for some reputable gambling sites. Even though I know that not all the time there is profit, there are also loss but still I just want to make sure if those sites you have is what is on my mind to invest with their bankroll casino.

If you want to get a profit from investment casino need to make a profit, then only investors will get that portion of that profit. If you invest more money than profit will be more otherwise, it will be less. But many trusted sites not giving good profits to investors since couple months.

True. Most gambling sites do offer to bet on the house or some call it invest in the site itself. But I tried to invest with some of these gambling sites if the casino does not have a very large gambler or client base then there is little chances that you will earn from you. But if you invest in those bigger gambling site like satoshidice then the chances of earning and probably losing is larger. But in the long-run you will profit from any of these. It's just better to invest in bigger casinos.

If there's business is profitable it's impossible for the operators to get tired and just quit, they invested a decent amount in gambling and also the effort so they will have to make sure they will be operating longer, as an investor we must not jump easily in a gambling sites that offers investment program without careful study as when they quit they will take our money and we have no hold on that. What we get is only experience in the end.

Usually the bankrolls will give you profit, even knowing the house will always wins in the long run, but some weeks the rewards are bigger then the fees colected, soo happens the debit, there are maybe 2-6 casinos working with bankroll and 2-3 of them are allowing you to make money, but well all know the risks doing such, admin can get tired off casino and walk away with the bitcoins.

It most definitely is a great way to go. Just look at how much the casinos make and you can make half of what they make in relation to your investment which is good. Casinos always make money or they would not be in business so therefore a casino investment will grow. So if the casino profits then so do you. It is very hard not to profit and is one of the safest investments around. I do recommend it.

If you are investing in these bitcoin casinos then you are putting more money in their hands.
I would not recommend anyone in doing this.
Don't they make enough already from the losers that go and play their games anyway?

If your investing big amount it's really worth you can get big percentage of investment when you are going to put 1 bitcoin in casino and it's really worth to trust those who had big names and positive review for their past investments.

You think that picking the "right" casino is a wise way for some investors in order to get a decent profit for long term? How to determined the right casino? Are those casinos that has a feature of investing really bound to last forever?

I don't consider investing in a casino as a good method to give you a passive income "for a long term". If you will do the Math, the duration of time and the profit that will earned at a given time isn't worth it. People's money are more on risk since they don't hold it.

Yes chances of getting profits is really high since house always win but the main point is how much is that profits.

Well, if you are an investor, you must know how to pick a right casino to deposit your money. You can not go around and put your money wherever you want and whenever you like and hoping that you will receive a ton of money from the casino. If you pick the right casino, you certainly will have a good passive income in many years.

Yes investing into gambling sites will not be a safe heaven as gambling house is also facing losses from time to time. If we check how provably fair system works, then we can understand the possibility of facing losses even as an investor with gambling houses. In my opinion investing into casinos has no difference from other type of investments.