Investing in btc casinos - page 37. | Bitcointalksearch.org

crazyivan

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Quote from: numanoid on November 21, 2016, 08:46:10 PM

Quote from: boyptc on November 21, 2016, 10:12:30 AM

~snip~
If you have also some other spare money you can still add some amount to your investment with betking.

it was one of best choice to invested our money, but now it isn't since Dean as Betking.io admin want to selling his site, except you're gonna invest your money just only for 8 days?

Quote from: BetKing.io on November 20, 2016, 09:16:58 AM

Hi

From the 1st of December BetKing will no longer be crowdfunded.

On the 1st all current investors will be divested and the BetKing bankroll will be funded by me.

The max bet will drop but will remain competitive at 30 Bitcoin.

The reason for this is that as some may know I have listed BetKing for sale.

Quote from: BTCevo on November 21, 2016, 07:27:14 PM

~snip~
May be I can suggest to divest all of your money there since they want to divest sll their investment back to players but I guess you guys can divest it first before bad thing happens. Sometimes when thing thst done in s big mass, it will have a little problem though, just remind you guys about betking.io

So are you think if betking will scam their investor's money if they didn't divested their money ASAP? No need to worry anything, betking.io is a legit one gambling site.

No way they ll scam, they ve been around for a long, long time. At least under current management. If the website gets to be sold, then the counter starts from 0 again.

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Quote from: boyptc on November 21, 2016, 10:12:30 AM

Quote from: 8Habits on November 21, 2016, 09:48:08 AM

Quote from: ultrloa on November 21, 2016, 09:40:42 AM

Quote from: 8Habits on November 21, 2016, 09:35:39 AM

Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

Atleast you earn some profits even if that is so little and i think that is quite decent since other are scam like hyips who offered high ROI, and i think just log on your account frequently so your account will not be mark as inactive and can be a caused for account deactivation, and also im try to looking up for investing at them and maybe i will calculate first so thing will.work smoothly at my side

Wow thanks for that advice mate.. I never realized that the account will be mark as inactive and they close that account.. yeah that makes really sense.. I am afraid that my account will locked out due to inactivity.. thanks for that advice mate Wink

If you have also some other spare money you can still add some amount to your investment with betking. Or while waiting for your investment with betking, you can also try to invest for some other casino's if you want to and you see that your investment is effective with betking. That's good to consider that you are prone to getting more profit with casino's through investing.

If i were you, don't invest another amount so that your risk will not become bigger. Just invest enough for you to enjoy and do not get yourself much addicted to it. If you got more profit of it through your winnings that amount would be the one to use for another bet as well. Be clever on your decisions before taking risk on every situation in order to avoid disappointments in the future.

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Quote from: boyptc on November 21, 2016, 10:12:30 AM

~snip~
If you have also some other spare money you can still add some amount to your investment with betking.

it was one of best choice to invested our money, but now it isn't since Dean as Betking.io admin want to selling his site, except you're gonna invest your money just only for 8 days?

Quote from: BetKing.io on November 20, 2016, 09:16:58 AM

Hi

From the 1st of December BetKing will no longer be crowdfunded.

On the 1st all current investors will be divested and the BetKing bankroll will be funded by me.

The max bet will drop but will remain competitive at 30 Bitcoin.

The reason for this is that as some may know I have listed BetKing for sale.

Quote from: BTCevo on November 21, 2016, 07:27:14 PM

~snip~
May be I can suggest to divest all of your money there since they want to divest sll their investment back to players but I guess you guys can divest it first before bad thing happens. Sometimes when thing thst done in s big mass, it will have a little problem though, just remind you guys about betking.io

So are you think if betking will scam their investor's money if they didn't divested their money ASAP? No need to worry anything, betking.io is a legit one gambling site.

BTCevo

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Quote from: boyptc on November 21, 2016, 10:12:30 AM

Quote from: 8Habits on November 21, 2016, 09:48:08 AM

Quote from: ultrloa on November 21, 2016, 09:40:42 AM

Quote from: 8Habits on November 21, 2016, 09:35:39 AM

Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

Atleast you earn some profits even if that is so little and i think that is quite decent since other are scam like hyips who offered high ROI, and i think just log on your account frequently so your account will not be mark as inactive and can be a caused for account deactivation, and also im try to looking up for investing at them and maybe i will calculate first so thing will.work smoothly at my side

Wow thanks for that advice mate.. I never realized that the account will be mark as inactive and they close that account.. yeah that makes really sense.. I am afraid that my account will locked out due to inactivity.. thanks for that advice mate Wink

If you have also some other spare money you can still add some amount to your investment with betking. Or while waiting for your investment with betking, you can also try to invest for some other casino's if you want to and you see that your investment is effective with betking. That's good to consider that you are prone to getting more profit with casino's through investing.

May be I can suggest to divest all of your money there since they want to divest sll their investment back to players but I guess you guys can divest it first before bad thing happens. Sometimes when thing thst done in s big mass, it will have a little problem though, just remind you guys about betking.io

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Quote from: 8Habits on November 21, 2016, 09:48:08 AM

Quote from: ultrloa on November 21, 2016, 09:40:42 AM

Quote from: 8Habits on November 21, 2016, 09:35:39 AM

Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

Atleast you earn some profits even if that is so little and i think that is quite decent since other are scam like hyips who offered high ROI, and i think just log on your account frequently so your account will not be mark as inactive and can be a caused for account deactivation, and also im try to looking up for investing at them and maybe i will calculate first so thing will.work smoothly at my side

Wow thanks for that advice mate.. I never realized that the account will be mark as inactive and they close that account.. yeah that makes really sense.. I am afraid that my account will locked out due to inactivity.. thanks for that advice mate Wink

If you have also some other spare money you can still add some amount to your investment with betking. Or while waiting for your investment with betking, you can also try to invest for some other casino's if you want to and you see that your investment is effective with betking. That's good to consider that you are prone to getting more profit with casino's through investing.

8Habits

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Activity: 756

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Quote from: ultrloa on November 21, 2016, 09:40:42 AM

Quote from: 8Habits on November 21, 2016, 09:35:39 AM

Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

Atleast you earn some profits even if that is so little and i think that is quite decent since other are scam like hyips who offered high ROI, and i think just log on your account frequently so your account will not be mark as inactive and can be a caused for account deactivation, and also im try to looking up for investing at them and maybe i will calculate first so thing will.work smoothly at my side

Wow thanks for that advice mate.. I never realized that the account will be mark as inactive and they close that account.. yeah that makes really sense.. I am afraid that my account will locked out due to inactivity.. thanks for that advice mate Wink

ultrloa

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Quote from: 8Habits on November 21, 2016, 09:35:39 AM

Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

Atleast you earn some profits even if that is so little and i think that is quite decent since other are scam like hyips who offered high ROI, and i think just log on your account frequently so your account will not be mark as inactive and can be a caused for account deactivation, and also im try to looking up for investing at them and maybe i will calculate first so thing will.work smoothly at my side

8Habits

sr. member

Activity: 756

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Quote from: socks435 on November 20, 2016, 02:09:05 PM

Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

That is right.. I have invested to betking as well.. although not that big but I just let it keep invested there and never even logging in to my account.. I'll it there for a year before I'll check it back again and see if it grows or it wrecks.. fingers cross

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Quote from: RGBKey on November 20, 2016, 01:55:06 PM

Quote from: Baryom on November 20, 2016, 09:03:53 AM

From my point of view, there are two most important things that can make you invest in a casino :

- You must trust the owner. Not only talking about the fact that he can steal your money. He will get an access to EVERYTHING He can steal the investor's money by creating a random account and playing with it(he knows the seed). For example, winning 0.5 btc a day and you will never notice it. Even if he is an investor, it is still EV+ for him.
- only 1 person should have an access to the server seed. Just a logic thing : more people = more risk. And if there are several admins and many of them have an access to the server seed, as to me, it's just because they don't trust each other.
And this is a huge problem.

Hopefully, there are some great owners like Dean, dooglus etc.

My 2 cents,

Doog and I used to talk about a system that was provably fair not only for players but for investors. The ideas we came up with were similar but would have taken a lot of effort and only mitigated the risk, not destroy it completely.

What kind of system? Can you tell us more (roughly at least) ? I am very interested in that.

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Quote from: lite on November 20, 2016, 01:33:49 PM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

I think there is already some reviews about investing in gambling casino some of the gambling site can give a good profit like in betking according to the review that i saw in gambling section. so it is depends what gambling site you are investing..

RGBKey

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Quote from: Baryom on November 20, 2016, 09:03:53 AM

From my point of view, there are two most important things that can make you invest in a casino :

- You must trust the owner. Not only talking about the fact that he can steal your money. He will get an access to EVERYTHING He can steal the investor's money by creating a random account and playing with it(he knows the seed). For example, winning 0.5 btc a day and you will never notice it. Even if he is an investor, it is still EV+ for him.
- only 1 person should have an access to the server seed. Just a logic thing : more people = more risk. And if there are several admins and many of them have an access to the server seed, as to me, it's just because they don't trust each other.
And this is a huge problem.

Hopefully, there are some great owners like Dean, dooglus etc.

My 2 cents,

Doog and I used to talk about a system that was provably fair not only for players but for investors. The ideas we came up with were similar but would have taken a lot of effort and only mitigated the risk, not destroy it completely.

lite

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Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

Investing in a good casino is not at all a bad idea, in the long run you will make profit. when folks lose their coins, you'll make profits.

Baryom

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Activity: 1246

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Bitsler's Admin and Bitsler's rules btslr.co/2612K

From my point of view, there are two most important things that can make you invest in a casino :

- You must trust the owner. Not only talking about the fact that he can steal your money. He will get an access to EVERYTHING He can steal the investor's money by creating a random account and playing with it(he knows the seed). For example, winning 0.5 btc a day and you will never notice it. Even if he is an investor, it is still EV+ for him.
- only 1 person should have an access to the server seed. Just a logic thing : more people = more risk. And if there are several admins and many of them have an access to the server seed, as to me, it's just because they don't trust each other.
And this is a huge problem.

Hopefully, there are some great owners like Dean, dooglus etc.

My 2 cents,

crazyivan

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Quote from: TheUltraElite on November 20, 2016, 06:06:03 AM

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

You did not understand the OP's post at all.

1.Gambling at casinos - complete loss
2.Investing in casino bankroll - profitable in the long run, passive earning

What this thread is about is point number 2 and not point number 1

We all know that gambling at a casino is a sure loss if you keep gambling. Instead investing in the casino bankroll, you can get a share of the house edge every time someone wins or loses. It is a good source of passive income.

What about losing from investing in casino bankroll? There re several casinos where people have won big time and this money comes from investor bankrolls. So be careful there, there is a change of losing money. Also, there is a change of investor running away with your money as well.

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So anyway, I applied as a merit source :)

Quote from: chineseprancing on November 19, 2016, 09:32:52 PM

I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

You did not understand the OP's post at all.

1.Gambling at casinos - complete loss
2.Investing in casino bankroll - profitable in the long run, passive earning

What this thread is about is point number 2 and not point number 1

We all know that gambling at a casino is a sure loss if you keep gambling. Instead investing in the casino bankroll, you can get a share of the house edge every time someone wins or loses. It is a good source of passive income.

chineseprancing

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I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.

JasonXG

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You should not be loaning of you gambling or investing. What will the point of that be ? You will pay more of it back then you will make so it is counter productive. If you are loaning bitcoins to gamble then you have a problem and should get help. Noone loans money for an investment that's just silly.

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Quote from: TheUltraElite on November 17, 2016, 08:17:37 AM

Quote from: BTCyuan$euro on November 17, 2016, 08:07:41 AM

Don't you think that all BTC casinos are just a freud?

Of course not. Most of them have a provably fair system for verifying the rolls and the top ones are all trusted. Their casino bankroll investment schemes are also legitimate as far as the top casinos are concerned and they are a good investment to allow your coins to grow, passively. Though it is not recommended for panicky investors and only considered as profitable as a long term investment.

there may be some gambling sites that manipulate their provably fair or house edge them in order to attract the players, or make the house has the possibility of winning is greater, and therefore look for a trusted gambling sites is prefer
maybe this could be the basis for you to invest in a gambling site, look for a trusted gambling sites and then you can invest in it, wait a few months then you can get satisfactory results

ultrloa

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Quote from: tee-rex on November 19, 2016, 06:25:07 AM

Quote from: neochiny on November 18, 2016, 12:55:30 PM

Quote from: tee-rex on November 18, 2016, 12:38:25 PM

This whole point of using altcoins as a possible collateral seems to be strained at best and far-fetched at worst with forced arguments at that. It is not enough that you as a borrower might think that the altcoin in question would grow in price, you should also convince the lender in that. If you somehow succeed, the lender would be willingly and wittingly selling you bitcoins for that altcoin and then buying them back at a loss. Why would he want that?

What? No, not selling. That is collateral. Which is usually held in escrow.

I know that lending is not selling, but the effect is basically the same as what I described in my post.

And instead of explaining how you are going to convince the lender that the altcoin you are going to offer as a collateral is likely to increase in price and why he would want to accept it if you succeed at that, you are trying to explain inconsequential details which are not relevant. There is a logical inconsistency in using altcoins as a collateral if they are expected to rise in price. That's why I come to think that the example of altcoins as collateral is invented, not a real one.

But actually lenders will get a doubt to accept altcoins as collateral since it has high possibilities that the coin you think to risen up will sudden die, and its so risky for them if that would be happen since they will lose their money and might their business will be ruined if that scenario will occur and theres a altcoin collateral left in their hands. But in other hand some of lenders accepting it if the coin they make as collateral is xmr coin wich goes up and stable coins at these day.

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Quote from: neochiny on November 18, 2016, 12:55:30 PM

Quote from: tee-rex on November 18, 2016, 12:38:25 PM

This whole point of using altcoins as a possible collateral seems to be strained at best and far-fetched at worst with forced arguments at that. It is not enough that you as a borrower might think that the altcoin in question would grow in price, you should also convince the lender in that. If you somehow succeed, the lender would be willingly and wittingly selling you bitcoins for that altcoin and then buying them back at a loss. Why would he want that?

What? No, not selling. That is collateral. Which is usually held in escrow.

I know that lending is not selling, but the effect is basically the same as what I described in my post.

And instead of explaining how you are going to convince the lender that the altcoin you are going to offer as a collateral is likely to increase in price and why he would want to accept it if you succeed at that, you are trying to explain inconsequential details which are not relevant. There is a logical inconsistency in using altcoins as a collateral if they are expected to rise in price. That's why I come to think that the example of altcoins as collateral is invented, not a real one.

Topic: Investing in btc casinos - page 37. (Read 40395 times)