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Topic: Investing in btc casinos - page 42. (Read 40395 times)

hero member
Activity: 896
Merit: 1000
November 06, 2016, 07:32:33 PM
Yeah if you can catch a casino at its start there can be some good money to be made but there is the possibility of scams so got to watch that.
legendary
Activity: 1400
Merit: 1009
November 06, 2016, 12:24:06 PM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.
Being invested the last month into crypto-games.net would have given you a 3.31% profit (or 0.03311BTC on a 1BTC investment).
Being invested the month before that into the same site would have given you a 7.71% profit (or 0.0771BTC on a 1BTC investment).
Going back one more month, same site, you'd have made a 11.66% profit (or 0.1165BTC profit on a 1BTC investment).
Yet another month before, you would have seen 4.13% profit (or 0.04129BTC profit on a 1BTC investment).

Overall, if you would have invested into crypto-games.net 4 months ago (1BTC base investment size), and taken out your profit each month, leaving in the base,
you would have made a profit of 0.268BTC or 26.8% of your base investment size.
Dammit i'm missing out some good opportunities to make some extra bitcoins, i'll save some money and invest it on crypto-games soon. thanks for the great info.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 06, 2016, 05:48:27 AM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.
Being invested the last month into crypto-games.net would have given you a 3.31% profit (or 0.03311BTC on a 1BTC investment).
Being invested the month before that into the same site would have given you a 7.71% profit (or 0.0771BTC on a 1BTC investment).
Going back one more month, same site, you'd have made a 11.66% profit (or 0.1165BTC profit on a 1BTC investment).
Yet another month before, you would have seen 4.13% profit (or 0.04129BTC profit on a 1BTC investment).

Overall, if you would have invested into crypto-games.net 4 months ago (1BTC base investment size), and taken out your profit each month, leaving in the base,
you would have made a profit of 0.268BTC or 26.8% of your base investment size.

I agree to this that Crypto-games investment scheme is worth it. Since I am holding the coins for now, it can be worth to get some side earnings from it. Hence I have invested some coins there as well. I have a lot of patience enough to invest it there for even year since my main income is not bitcoin and I can lead a happy life with my fiat earning. Overall I think investing in BTC casino bankroll is profitable in the long run and not meant for people who panic in the short term losses.
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
November 06, 2016, 05:08:36 AM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.
Being invested the last month into crypto-games.net would have given you a 3.31% profit (or 0.03311BTC on a 1BTC investment).
Being invested the month before that into the same site would have given you a 7.71% profit (or 0.0771BTC on a 1BTC investment).
Going back one more month, same site, you'd have made a 11.66% profit (or 0.1165BTC profit on a 1BTC investment).
Yet another month before, you would have seen 4.13% profit (or 0.04129BTC profit on a 1BTC investment).

Overall, if you would have invested into crypto-games.net 4 months ago (1BTC base investment size), and taken out your profit each month, leaving in the base,
you would have made a profit of 0.268BTC or 26.8% of your base investment size.
legendary
Activity: 2018
Merit: 1108
November 06, 2016, 04:26:44 AM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.

You can't really expect much for a small short-term investment. It's the long-term that matters and of course you'd need a larger investment to make something worth it.

ps. as far as I know you could have made well over 20% returns on BetKing in <6 months which is not a bad return at all
sr. member
Activity: 429
Merit: 263
November 06, 2016, 04:24:07 AM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.

You just don't understand the way variance works. If you had been on the right side your first 3 weeks you would be singing a different tune.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 06, 2016, 03:04:20 AM
Well, after 3 weeks in major casinos, I have made peanuts, I mean really peanuts, we re talking about cents. My investments re not whale size, they re mid size. However, this is not something I can recommend as being some small side income, the results do not support it. I m sure they ve been months when profits ve been above average but ATM I get nothing or next to nothing.
legendary
Activity: 1456
Merit: 1023
November 05, 2016, 07:46:45 PM
If I want to invest some of my bitcoin then at least how much bitcoin I need. And how much percentage of profit I will receive monthly from investment.

These casino investments will not give any fixed or minimum percentage profits option. In these investments, you may make a lot of profit in a month, or even you may lose your money also. It is high-risk investment option but in the longer period you will make a profit. Because casinos will find ways to bring profits for them and if they are in profit then you will get some % of profit.
legendary
Activity: 1456
Merit: 1005
November 05, 2016, 08:41:33 AM
~snip~

Dont panic when some high-roller arrives to bet. They will lose sooner or later and you will receive the profit.
you sure? How if they are won a lot of money? Not all of high roller are lossing, we already know too if there are a lot of high roller who playing in Betking and they are profited a lot too One of example

You don't know the same guy might be gambling with another account and he might have lost some money because when you win big money so fast in short time then people can't control them without gambling again. Because their mind will be thinking to go and make more profit and in the end mostly they will lose back to the house. If you can't take these risks then these investments are not for you.
legendary
Activity: 1890
Merit: 1148
November 05, 2016, 08:21:32 AM
~snip~

Dont panic when some high-roller arrives to bet. They will lose sooner or later and you will receive the profit.
you sure? How if they are won a lot of money? Not all of high roller are lossing, we already know too if there are a lot of high roller who playing in Betking and they are profited a lot too One of example
hero member
Activity: 980
Merit: 500
November 05, 2016, 08:11:29 AM
Its very risky gambling

Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run.

Although having an online casino might be profitable it is not guaranteed that all the investors will get their profit or even that they will have their money back. So it is better to invest in a site if you know the owner personally or if you can see that he/she have a great reputation here on this forum for example.
Also an option to make it a bit safer would be to invest in a site that will allow you to withdraw your coins instantly.
And definitely look for a site that has been around for a while.

I may be wrong, but I don't think that it's possible to withdraw your invested coins instantly from any site. There are conditions with which you must agree before investing and I think in most cases you are agree to invest for a certain period of time having the opportunity to withdraw only your "profit". I added speech marks to the word profit because I think only after you have all your invested money back you can really talk about a profit.
I think there are also some of investment company that you can also withdraw what you have earn in a short period of time, but most of the time it is better to invest in a long run so you can earn a lot of profit.  Grin
full member
Activity: 168
Merit: 100
November 05, 2016, 06:45:13 AM
If I want to invest some of my bitcoin then at least how much bitcoin I need. And how much percentage of profit I will receive monthly from investment.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 05, 2016, 04:11:37 AM
It seems the situation has started slowly changing. My casino investment have gone into green and now I have some very mild profits. Let see if this is going to last.

As long as the casino wins some bets, you will receive your fair share. In the short term you may incur some losses but in the long term the casino will be making a profit and so will your share of the bankroll.

Dont panic when some high-roller arrives to bet. They will lose sooner or later and you will receive the profit.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 04, 2016, 03:28:16 PM
It seems the situation has started slowly changing. My casino investment have gone into green and now I have some very mild profits. Let see if this is going to last.
hero member
Activity: 742
Merit: 526
November 04, 2016, 02:04:25 PM
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.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
November 04, 2016, 10:59:13 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.

but in investing in casinos there is lots of risks so the reward has to be big in order to make it worth our time and risk!
klf
legendary
Activity: 1344
Merit: 1000
November 04, 2016, 08:55:18 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.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
November 04, 2016, 08:39:20 AM
I think the best invest site will be Betking.Io...why?

You can check here at Dicesites.com.Their profit is better than any other bitcoin dice site who have invest option.Or you could convert your bitcoin to XMR and invest on Safedice.

most of the investment gambling sites are the same, especially the top 10 because as long as they have players playing there you can count on getting profit.

and in case of betking the high profit you see now is because of a one time big lose of a big whale.

If you worry about the whales can win big amount then the best solution is to diversify your funds and put in many good sites then you can reduce this kind of risks. Because big wins will not happen on all sites at a same time and in the longer run, you will be in profits.

i agree that the only sure thing about investing in a casino bankroll is that the house always wins so when you become an investor in house's bankroll you should technically always win, which means making profit in the long run.

but this doesn't change the fact that there is still risks involved. what if the day you invest a whale comes by and wins big time even diversification can not save you since you have to wait for months to make it back.
legendary
Activity: 1078
Merit: 1000
November 04, 2016, 08:25:09 AM
Investing in Bitcoin casinos are better than betting in your own. But to profit from investing you need to have a big investment and make sure that the casino you are going to put your investment have a lot of players, the site should be running for a long time and the site should be well- known so the risk of the site scamming or running away is low. You can check lots of good sites here in bitcointalk.org just search it. Moneypot,Betking,Bitvest are the 3 sites that i have investment at this time.

Actually it depends on you yourselves though. Some big whale are likely to use their big balance to gambling though because they believe that they really can earn a lot from gambling and most of them prove it already. Most of them can earn like 10++ btc or even 100++. But some of them prefer to put some money on investment because with investment they can earn something without doing anything though. And the last choice is trading, this has real less attraction from most of big whale
hero member
Activity: 644
Merit: 500
November 04, 2016, 08:19:38 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.

True. You really to have a plan before investing.. know the pro's and con's of investing your btc in casinos. Ask assistance from others who are investing in casinos then evaluate yourself if you really need to invest in casinos.. remember there are risks investing in sites, including scam sites. Better train first before you fight.
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