Investing in Bitcoin casinos is not bad . But I don't prefer to do such a thing. I have rarely seen people who make huge profits by investing in such things. Like if you see the ratio of people who have won and who have lost then you would see most of the people have faced losses compared to profit. It's an addiction , which would lead you to lose all your money. Even i used to bet a lot and I used to win , then I became more greedy which lead to me loosing all my money . Then I decided to quit every such thing and just earn the Normal way in which there is no risk and buying things directly from that money.
its not meant to make you a huge profit, but its moreso a way to expect a profit in the long run above all else. investing in a casino, which profits off of players playing in a -EV environment, can expect a positive EV for themselves and the investors. a year or so ago i put about 0.2 into a casino and ended up profiting around 0.025 in a month's period, all for doing nothing. could i have made much more by simply playing even 1 game? sure, but i would have run the risk of loss.
if you get 0.025 from a 0.2 investment in a month I would call it a fantastic investment!
show me a place where you can get 12.5% monthly and I will be happy to invest
usually it is not THAT profitable,but so much depends on variance and luck of the players
in the long run you are guaranteed to profit,so it can serve as a source of income
and keep you from selling bitcoins too early,HODL by investing
