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Topic: Investing in btc casinos (Read 40405 times)

sr. member
Activity: 1512
Merit: 316
May 07, 2020, 11:24:05 AM
I see investing in a gambling site is quite more risky at all time. So if you prefer to invest, watch out and be open minded for any loss. Because, I think all investment we done are all have risk with them, its up to you to what site you prefer but still consider to have a more knowledge about it and you have done research to this.

Anything with money whether you invest it or gamble with it should have knowledge of what you are doing unless someone has ample money so can easily afford to lose it, is a different story. Just like house has the edge in the same way if we do invest money in the gambling site our chances also increases f making money in the long run as house will always have the edge but yes it is involves risk and without risk their will also be no rewards generally.

newbie
Activity: 33
Merit: 0
May 07, 2020, 10:58:33 AM
Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?


I would advise you to reconsider on investing them in bitcoin casinos that accept investments.  I am yet to find bitcoin casino with investment option that
is safe option for investor funds, and not some "you can trust me, i wont take your money i swear" type of illegal unlicenced operation.
Just my two cents on the matter..

btw i think you're in the wrong section.


cheers

Which section should I go in?
I'm asking for infos on a service no? ^^

Services section is for service offering / hiring, the more appropriate would maybe be service discussion section or better yet gambling.

BITWIN24 - Its a bitcoin lottery! Its a MLM business and it has investment option for its own blockchain, check it out https://bitwin24.com/en/
legendary
Activity: 2016
Merit: 1107
January 24, 2018, 09:10:02 AM
don't see the point in discussing if investing is gambling or not
you can call it any way you like,but gambling has inbuilt negative EV
due to the house edge,so you are bound to be losing in the long run,
while investing has inbuilt positive EV because you are the house
also investing doesn't bare risks of suboptimal betting strategies and bad bank management
which are the main causes of people losing money,they smply do not know how to gamble
and will lose far more than 1% HE on average
hero member
Activity: 3010
Merit: 666
January 24, 2018, 07:31:25 AM
Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
There is no such thing as risk free if we are talking of investing, but if you believe that casinos wins all the time then your money will be safe
and you shall be profitable as they always win in the long run while gamblers are not enjoying the opposite.
The only difference is that your money does not grow instantly unlike when you are gambling, your money will grow over time.

No matter what you do, most gambling a
Site will profitable in the end because they have house edge that support their game. Every single game sure have a house edge so they will much probably win in the end. The matter here, is your bankroll can hold longer enough before you can get back the profit? And kelly does play a role on your profit too because high risk high gain
They are operating for a profit so what do you expect, they will win in the long run and we will lose because they have the end.
However, we can still have the fun if we gamble for fun and forget about the profit, not because it's impossible to win but because our chance is very low.
legendary
Activity: 1834
Merit: 1008
January 24, 2018, 01:57:02 AM
Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
There is no such thing as risk free if we are talking of investing, but if you believe that casinos wins all the time then your money will be safe
and you shall be profitable as they always win in the long run while gamblers are not enjoying the opposite.
The only difference is that your money does not grow instantly unlike when you are gambling, your money will grow over time.

No matter what you do, most gambling a
Site will profitable in the end because they have house edge that support their game. Every single game sure have a house edge so they will much probably win in the end. The matter here, is your bankroll can hold longer enough before you can get back the profit? And kelly does play a role on your profit too because high risk high gain
hero member
Activity: 2856
Merit: 674
January 22, 2018, 11:30:19 PM
Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
There is no such thing as risk free if we are talking of investing, but if you believe that casinos wins all the time then your money will be safe
and you shall be profitable as they always win in the long run while gamblers are not enjoying the opposite.
The only difference is that your money does not grow instantly unlike when you are gambling, your money will grow over time.
member
Activity: 238
Merit: 46
January 22, 2018, 11:08:47 PM
Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
legendary
Activity: 3122
Merit: 1140
January 22, 2018, 03:19:46 PM
I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.
If you are jumping into investments either on crypto or on stocks without any knowledge then it can really be considered pure gambling but if you do somehow knowledgeable on the things you are doing then its not entirely be called as a gamble since you do have your own basis or know the way on lessening the risk.Everything has its own risk when talking about investment and as an individual who do seek out for more profits then we would really face those risk to achieve those goals.
sr. member
Activity: 462
Merit: 515
January 22, 2018, 02:51:52 PM
I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.

I both agree and disagree with you here.

As I said it elsewhere, even trading can be considered as gambling since you are most likely to lose your capital in the end. This is the part in which I agree with you. Of course, if you agree with me that trading is gambling too. On the other hand, though, gambling can be considered as an activity which involves only luck. For example, dice would be an obvious example of just that. And while investing in casinos involves a lot of luck on its own, there is also room for skill as well. And from this angle of view, it can't be considered as gambling, or only gambling.
jr. member
Activity: 56
Merit: 1
Missing the boat again
January 22, 2018, 03:04:36 AM
I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.
jr. member
Activity: 56
Merit: 1
Missing the boat again
January 21, 2018, 04:38:39 PM
I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all

IF you think about it. Yes it is pretty ironic. Since he is on a gambling sub-thread and he considers investing in Bitcoin casinos risky but not gambling with regular dice.

I think we all learnt alot of what happened last week with BitConnect. Basically the entire setup was a big gamble.

I Am pretty sure everybody knew it was a Ponzi scheme and after Madoff, people for some reason seem attracted to these Ponzi scheme. Probably because they think they will get super rich and get out in time.

Basically everybody that invested in BitConnect assumed it would last another year and then they would get out.

Unless you have insider information or do an insane amount of research, pretty much every investment is a form of gambling. People just tell themselves that they aren't gambling, but deep down they know the truth.
legendary
Activity: 3808
Merit: 1723
January 21, 2018, 06:06:21 AM
I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all

IF you think about it. Yes it is pretty ironic. Since he is on a gambling sub-thread and he considers investing in Bitcoin casinos risky but not gambling with regular dice.

I think we all learnt alot of what happened last week with BitConnect. Basically the entire setup was a big gamble.

I Am pretty sure everybody knew it was a Ponzi scheme and after Madoff, people for some reason seem attracted to these Ponzi scheme. Probably because they think they will get super rich and get out in time.

Basically everybody that invested in BitConnect assumed it would last another year and then they would get out.
legendary
Activity: 1834
Merit: 1008
January 21, 2018, 05:53:16 AM
I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all
full member
Activity: 154
Merit: 121
January 21, 2018, 12:11:00 AM
I see investing in a gambling site is quite more risky at all time. So if you prefer to invest, watch out and be open minded for any loss. Because, I think all investment we done are all have risk with them, its up to you to what site you prefer but still consider to have a more knowledge about it and you have done research to this.
jr. member
Activity: 56
Merit: 1
Missing the boat again
January 20, 2018, 10:09:42 PM
FairFUN.org ✅ 3 Games ✅ 10 currencies | Play (soon) | Invest | Promote

FairFun will soon be open for bankroll investors.

https://bitcointalksearch.org/topic/m.28286838



The concept and everything looks good, but those are hefty %s you guys are taking out compared to what other sites keep for themselves when they have investors covering the bankroll.
staff
Activity: 3136
Merit: 570
Join the world-leading crypto sportsbook NOW!
January 19, 2018, 09:11:12 AM
Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.
That is one of the main reason that investors should only invest huge amount of funds on reputable casino site to reduce the chances of an admin shutting down their casino site suddenly and running off with every investors money, I would always prefer to invest on casino site that have a good reputation on the bitcoin gambling community.
full member
Activity: 294
Merit: 100
Bet99.win- Win up to *99 per game. Fair & FUN!
January 16, 2018, 05:37:56 PM
FairFUN.org ✅ 3 Games ✅ 10 currencies | Play (soon) | Invest | Promote

FairFun will soon be open for bankroll investors.

https://bitcointalksearch.org/topic/m.28286838

legendary
Activity: 1456
Merit: 1023
January 15, 2018, 08:42:55 PM
I do not recommend this investment. Huh

You should provide your explanation why you don't recommend this investment instead just posting one line comment. Thigs which is not suitable for you may be suitable for others so you should mention your points to justify your recommendations.

Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.

It is chicken and egg concept but in these investments security to your funds are more important that's why you should give choose to invest in those already established sites even though you get a smaller profits instead of risking all your funds in new sites.
jr. member
Activity: 56
Merit: 1
Missing the boat again
January 15, 2018, 06:02:31 PM
Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.
full member
Activity: 225
Merit: 104
January 15, 2018, 12:51:20 PM
I do not recommend this investment. Huh
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