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Topic: Investing in btc casinos - page 40. (Read 40395 times)

hero member
Activity: 896
Merit: 1000
November 13, 2016, 01:26:21 PM
Bitvest has a very nice investment option and requires no minimum investment holding time.

Here's a little more about it:
https://bitcointalksearch.org/topic/bitvest-invest-in-a-gambling-site-1375103
hero member
Activity: 756
Merit: 505
November 13, 2016, 09:59:09 AM
It would depend on where you will invest it and when. Also, consider this as also gambling. You're just gambling on the other side of the coin. It would still depend on your luck, but you have a better chance of earning versus gambler members of the site. Because in the long-run, the house will always win over the players.
legendary
Activity: 1078
Merit: 1000
November 13, 2016, 08:42:42 AM
The house edge in casinos makes the winning chances lower by X%. This helps the casino to in theory, gain profit over the long run. However, investments in casinos has various risks. Whales make suddenly wipe a huge percentage of the bankroll and decrease your investment significantly. If the investments increases afterwards, your share of profit becomes lesser and it is harder for you to recover. If a hack were to happen, it would be hard for the casino to compensate for your loss.

A big whale can wipe away a lot of the bankroll but that same whale can lose a lot as well. In general the greed of people along with other emotions are exploited by the casinos. If that same gambler keeps on gambling while still in that situation of winning big then they will surely lose at some point. It is worth the risk in my opinion and even if does not, nothing in this world comes good if you dont risk it.

As far as a a casino getting hacked, its not in our hands to stop that from happening. Still people should do research before investing.

But most people will do some investing on huge bankroll mean while big bankroll will have low return, so you really need to put some big amount to get a good payout in case some big whale lose. You dont really do some research though in gambling investment because all you really need is some good reviews from other investor then you can start there. Research on investment may be only works in out there not in some gambling site
legendary
Activity: 1092
Merit: 1000
November 13, 2016, 07:09:29 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

Yes investing your full money in one casino is always a dangerous move, so better split your money and invest in a different casino. Before that check that casino past performance and invest. And keep your eye on that casinos. Take daily updates when you feel that site is making less profit withdraw your investment. Otherwise, you will lose all investment.
newbie
Activity: 6
Merit: 0
November 13, 2016, 05:22:40 AM
I had money invested in SatoshiDice for a some months and made a good profit.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 13, 2016, 05:01:49 AM
The house edge in casinos makes the winning chances lower by X%. This helps the casino to in theory, gain profit over the long run. However, investments in casinos has various risks. Whales make suddenly wipe a huge percentage of the bankroll and decrease your investment significantly. If the investments increases afterwards, your share of profit becomes lesser and it is harder for you to recover. If a hack were to happen, it would be hard for the casino to compensate for your loss.

A big whale can wipe away a lot of the bankroll but that same whale can lose a lot as well. In general the greed of people along with other emotions are exploited by the casinos. If that same gambler keeps on gambling while still in that situation of winning big then they will surely lose at some point. It is worth the risk in my opinion and even if does not, nothing in this world comes good if you dont risk it.

As far as a a casino getting hacked, its not in our hands to stop that from happening. Still people should do research before investing.
hero member
Activity: 1330
Merit: 569
November 13, 2016, 01:38:52 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

I agree with this in all sincerity because the part is only useful for prediction and not in any way a determination of the future as every venture eventually turned into scam has at one time being a favorite and they just got it wrong. And that's where the risk comes in any investment whatsoever even if its not related to gambling, the risk should equally be taken into consideration in any decision to be taken.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 12, 2016, 11:16:28 PM
The house edge in casinos makes the winning chances lower by X%. This helps the casino to in theory, gain profit over the long run. However, investments in casinos has various risks. Whales make suddenly wipe a huge percentage of the bankroll and decrease your investment significantly. If the investments increases afterwards, your share of profit becomes lesser and it is harder for you to recover. If a hack were to happen, it would be hard for the casino to compensate for your loss.
legendary
Activity: 1834
Merit: 1008
November 12, 2016, 11:13:06 PM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

This is correct, with casinos you need to be ready to leave your money there for 6 months or longer. Casino ledger is NOT a cloud mining option, there re no constant daily payouts. Sometime you can win and sometimes you can lose. It all comes down to the fact you get some profit after these 6 months. Definitely NOT a get rich quick scheme.

it depends on whether there are  big whale losing a lot or not. Or may be some normal people play and lose it. Whenever people lose you will always get some profit no matter how small it is. Daily payout sometimes can happen because this is gambling and most people will lose, may some of them just win big mean while other losing small amount that is why house not get any profit but that is not always though
legendary
Activity: 1456
Merit: 1023
November 12, 2016, 09:03:40 PM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

This is correct, with casinos you need to be ready to leave your money there for 6 months or longer. Casino ledger is NOT a cloud mining option, there re no constant daily payouts. Sometime you can win and sometimes you can lose. It all comes down to the fact you get some profit after these 6 months. Definitely NOT a get rich quick scheme.

it is gambling related so it is still possible that you get super lucky and get rich because someone loses a lot of bitcoin like i think it was betking a couple of weeks ago. but also at the same time since this is gambling related you have the same chance of getting poor because some whale had got lucky and won big time which has happened before many times.

But big whale winning chances are quite less compared to people losing money in gambling. If what you said is correct then by now we should have seen more winners in gambling than gambling houses but what I know is only gambling houses are the one going to win at the end. If you worry about this then you should consider to diversify your investment then your profit making chances will go up in investments.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 12, 2016, 04:08:45 PM
Investing in casinos is much better than gambling in them, that's for sure. The odds are in your favor and depending on the size of the bankroll, the risk can be too.
I guess both have the same risk but yes more profitable investment compared to gamble but you must selective selecting the sites where you want to put money or not you will suffer losses because these sites carry away your money.

Gambling for fun s fine but the main problem is when one loses control, then it becomes a diseases. Control your gambling habits, always stay in control.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
November 12, 2016, 07:22:10 AM
Investing in casinos is much better than gambling in them, that's for sure. The odds are in your favor and depending on the size of the bankroll, the risk can be too.
I guess both have the same risk but yes more profitable investment compared to gamble but you must selective selecting the sites where you want to put money or not you will suffer losses because these sites carry away your money.
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
November 12, 2016, 03:13:07 AM
Investing in casinos is much better than gambling in them, that's for sure. The odds are in your favor and depending on the size of the bankroll, the risk can be too.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 12, 2016, 02:04:41 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

Yeah, I think crypto-games have different on calculating about their investment though. It said that 80% of their profit will be shared to every investor, so I think it will be good to invest there. They only lack on some volume which is big whale

very interesting i did not know that.
but now that you said it i am surprised about why their profit is not as much as it should be. i mean sharing that high a percentage of profit with investors should mean they are making a much more profit but they are not.

That sounds very good and favorable to all investors but someone here should confirm if that is a fact about crypto-games profit sharing to all of their investors and 80% is already a tough profit. I guess this is one of a lot of reasons why many are getting hooked up with crypto-games.
hero member
Activity: 1036
Merit: 520
November 12, 2016, 12:46:14 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

Yeah, I think crypto-games have different on calculating about their investment though. It said that 80% of their profit will be shared to every investor, so I think it will be good to invest there. They only lack on some volume which is big whale

very interesting i did not know that.
but now that you said it i am surprised about why their profit is not as much as it should be. i mean sharing that high a percentage of profit with investors should mean they are making a much more profit but they are not.
hero member
Activity: 840
Merit: 501
Strength in Numbers
November 11, 2016, 11:06:23 PM
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?

Wow,so you can invest in a casino bankroll?I`ve never heard about this.

I`m also interested in finding a legit bitcoin casino to invest in a bankroll.

If you are interested you can just simply invest with bitvest.io and its global bankroll is almost 900 BTC so you don't have a problem about trust.

Many people entrusted their bitcoin and invested with bitvest.io so if you are looking for a legit one. Then this is for you and don't be too late, because every second counts.

Bankroll is probably slightly above 180 bitcoin, the 900 you see i s  just 98% of investors at 5x Margin.

Oh yes, and that's a great margin at all. And that is making them to allow their players to win higher amounts and as well as bet more.

And of course there are also good gambling sites that are being trusted a lot of gamblers too, one of it would be crypto-games.net
legendary
Activity: 1078
Merit: 1000
November 11, 2016, 07:36:46 PM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

Yeah, I think crypto-games have different on calculating about their investment though. It said that 80% of their profit will be shared to every investor, so I think it will be good to invest there. They only lack on some volume which is big whale
legendary
Activity: 3472
Merit: 10611
November 11, 2016, 03:18:48 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

This is correct, with casinos you need to be ready to leave your money there for 6 months or longer. Casino ledger is NOT a cloud mining option, there re no constant daily payouts. Sometime you can win and sometimes you can lose. It all comes down to the fact you get some profit after these 6 months. Definitely NOT a get rich quick scheme.

it is gambling related so it is still possible that you get super lucky and get rich because someone loses a lot of bitcoin like i think it was betking a couple of weeks ago. but also at the same time since this is gambling related you have the same chance of getting poor because some whale had got lucky and won big time which has happened before many times.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 11, 2016, 01:57:38 AM
I really like Crypto-Games! I've invested for a couple days and I'm at a 1% profit so far. It's really convenient and the faucet you get there raises as the more you invest in the bankroll. You should check it out!

In casino investments, there is no guaranty that the past performance will repeat same in future so to be the safer side you should consider to diversify your money and keep in few good casinos instead keeping all your money on any single site. If any one single player wins big amount then you will lose lot of money in these investments so it advised to diversify to reduce your losses.

This is correct, with casinos you need to be ready to leave your money there for 6 months or longer. Casino ledger is NOT a cloud mining option, there re no constant daily payouts. Sometime you can win and sometimes you can lose. It all comes down to the fact you get some profit after these 6 months. Definitely NOT a get rich quick scheme.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
November 11, 2016, 01:35:10 AM
It is better to make sire amount of small amount then maybe an amount that is large. The risk must be smaller then the rewards then you will make a good profit. The larger the gap between the rewards then the better it is for the investor as losses can be made up in the long run. Bit investing will take patient and you must learn.

How will you calculate risks are higher than rewards? Because if risks are less than you, rewards also will go down not up. For example in the fixed deposit, you will earn less % from reputed banks and your deposits are more secured. I don't think you will get any investment in the opposite way like what you mentioned.

investing in a bank is 100% secure so if they pay the smallest amount of profit it is still worth doing it because there absolutely no risk of doing so.

There is still a systemic risk of the government massively devaluing their national currency either gradually like what the Chinese Central bank has been doing for the last couple of years or instantly like the Russian government did in 1998. Almost all governments of developing nations are occasionally doing that to balance their trade accounts. If you happen to live in one of such countries, you should always remember about that risk, which is quite real.

very interesting point but i have got the feeling that the chances of that happening may not be as high so that we can have any reason to worry about anything about this.

although i would always diversify as much as i can.
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