Topic: Investing in Bitcoin Casinos: What you should know. - page 2. (Read 5119 times)
The link was really helpfull thanks
Investing involves the risk of losing it. Chances are you might break even and hopefully you will gain a profit. But all depends on outside factors, some could be predictable, but is always a risk, a gamble you could say, thus investing in BTC Casino's could be as risky as gambling. Though the odds are mostly at your favour and chances of ROI are bigger then when betting your BTC away at the wrong side of the casino.
really good advices, I have invested sometimes in dice and it is only profitable if it is a new site and you have luck
have luck? luck is nothing to do against investing in a dice sites, because basically we do nothing about this, we just put in our coins and hope people bust out their bankroll, so it is nothing to do with our luck
Well investing does have a factor of luck. Apart from the edge, gamblers do get lucky and win. And the inversem sometimes the house gets lucky and wins as well. So the luck does come into place then.
indeed i agree, there is always a luck factor, but i think being an investor is luckier since we basically just put money there and usually gambler will lose
thats including me 
really good advices, I have invested sometimes in dice and it is only profitable if it is a new site and you have luck
have luck? luck is nothing to do against investing in a dice sites, because basically we do nothing about this, we just put in our coins and hope people bust out their bankroll, so it is nothing to do with our luck
Well investing does have a factor of luck. Apart from the edge, gamblers do get lucky and win. And the inversem sometimes the house gets lucky and wins as well. So the luck does come into place then.
really good advices, I have invested sometimes in dice and it is only profitable if it is a new site and you have luck
have luck? luck is nothing to do against investing in a dice sites, because basically we do nothing about this, we just put in our coins and hope people bust out their bankroll, so it is nothing to do with our luck
Sounds like a nice advice, just to add, its also good to invest in sites which have the most wagered. As being profitable there is of higher probability, as 1% of the wagered would be more.
Runners is easily the biggest risk on that list... 2014 was a rough year for that
That's true which is why it is advised to invest only if you trust the owner and also the way a site is run and that goes for every business not just gambling industry. Trust is the main factor when investment is involved. For ex. If Primedice starts taking investments tomorrow, people will invest with their eyes closed, why? Because of the Trust for the site owner and the Trust that the site is run in legit and responsible way.
really good advices, I have invested sometimes in dice and it is only profitable if it is a new site and you have luck
Just-dice accepts investments and i think its somewhat safe, would someone confirm?
Many dice sites accepts investments now. Even newly created ones like DaDice. If this is safe I would assume yes. But again there is nothing sure in this world beside death and taxes.I know someone that lost 7k btc in one bet on just-dice so imagine investing at that yime
Are you talking about the guy who started at 2 K and started betting 1.0x x, and kept betting until he lost ?
Im talking about the guy that bet 7k btc at 96.2%
Just-dice accepts investments and i think its somewhat safe, would someone confirm?
Many dice sites accepts investments now. Even newly created ones like DaDice. If this is safe I would assume yes. But again there is nothing sure in this world beside death and taxes.I know someone that lost 7k btc in one bet on just-dice so imagine investing at that yime
Are you talking about the guy who started at 2 K and started betting 1.0x x, and kept betting until he lost ?
Just-dice accepts investments and i think its somewhat safe, would someone confirm?
Many dice sites accepts investments now. Even newly created ones like DaDice. If this is safe I would assume yes. But again there is nothing sure in this world beside death and taxes.I know someone that lost 7k btc in one bet on just-dice so imagine investing at that yime
Runners is easily the biggest risk on that list... 2014 was a rough year for that
Just-dice accepts investments and i think its somewhat safe, would someone confirm?
Many dice sites accepts investments now. Even newly created ones like DaDice. If this is safe I would assume yes. But again there is nothing sure in this world beside death and taxes.
Just-dice accepts investments and i think its somewhat safe, would someone confirm?
Are you talking about investing or starting?
Investing in a bitcoin casino is putting money toward one, without having to be involved in operations. I don't know how someone invests in an bitcoin casino like this, do you?
Starting a bitcoin casino sounds like a great idea but also requires one to run the business...
This will be called blindly investment which is most of the time very dangerous . I personally not going to invest like this without knowing the site owner. Investing in a bitcoin casino is putting money toward one, without having to be involved in operations. I don't know how someone invests in an bitcoin casino like this, do you?
Starting a bitcoin casino sounds like a great idea but also requires one to run the business...
Are you talking about investing or starting?
Investing in a bitcoin casino is putting money toward one, without having to be involved in operations. I don't know how someone invests in an bitcoin casino like this, do you?
Starting a bitcoin casino sounds like a great idea but also requires one to run the business...
Investing in a bitcoin casino is putting money toward one, without having to be involved in operations. I don't know how someone invests in an bitcoin casino like this, do you?
Starting a bitcoin casino sounds like a great idea but also requires one to run the business...
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Why should you invest in a Bitcoin casino? Well, because gambling is an incredibly lucrative industry and Bitcoin gambling is a rapidly-growing trade. With over $1 million US dollars being wagered every single day across investor-friendly Bitcoin casinos, investors are making an average of $10,000 profit a day. That's $70,000 a week, or $3,650,000 a year. The better question is why shouldn't you invest, and yeah, there are sadly plenty of reasons not to.
https://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html
If you fully trust a site, then there is little reason not to invest though, as long as the site is sufficiently buffered from big losses from whales.
Very true. Unfortunately the two persons I fully trust in the bitcoin gambling industry don't want my bitcoin investment. Stunna is rich enough to support the bankroll and don't want to share his profit with us, while dooglus has decided not to deal with bitcoin directly.
Quote
Why should you invest in a Bitcoin casino? Well, because gambling is an incredibly lucrative industry and Bitcoin gambling is a rapidly-growing trade. With over $1 million US dollars being wagered every single day across investor-friendly Bitcoin casinos, investors are making an average of $10,000 profit a day. That's $70,000 a week, or $3,650,000 a year. The better question is why shouldn't you invest, and yeah, there are sadly plenty of reasons not to.
https://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html
If you fully trust a site, then there is little reason not to invest though, as long as the site is sufficiently buffered from big losses from whales.
Quote
Why should you invest in a Bitcoin casino? Well, because gambling is an incredibly lucrative industry and Bitcoin gambling is a rapidly-growing trade. With over $1 million US dollars being wagered every single day across investor-friendly Bitcoin casinos, investors are making an average of $10,000 profit a day. That's $70,000 a week, or $3,650,000 a year. The better question is why shouldn't you invest, and yeah, there are sadly plenty of reasons not to.
https://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html
If you fully trust a site, then there is little reason not to invest though, as long as the site is sufficiently buffered from big losses from whales.
In Las Vegas, it is referred to as theoretical loss and is what your comps are based on from a customer point of view. One factor I would add to list of risks is the whale factor. That is, somebody with a large bankroll will come in and take a significiant chunk of the house's capital. This is a good article and should be read by those interested in investing.
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