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Topic: Investing in btc casinos - page 56. (Read 40405 times)

hero member
Activity: 532
Merit: 500
September 21, 2016, 01:50:31 AM
Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.

I think there are many gambling sites that provide investment facilities for their sites. you should do the checking before investing in the casino sites. Statistical behold income or trust them. if you think the gains from a site that is large enough you can try to invest in it
legendary
Activity: 1946
Merit: 1137
September 21, 2016, 01:15:51 AM
Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.


most casinos, the owner is unknown, and especially in bitcoincasinos.


everybody is unknown on the internet, it is called anonymity for a reason!
but this doesn't mean you can't find out how trusted or un-trusted that person is. a casino owner can build up a trust with years of providing solid good service and running a trusted service that is paying out to the investors.

....
I dont think altcoin will give you chance to earn like a lot because altcoin is more chance to lose. You never know which coin will be pumped or dumped and this is more like you gambling. Btw investing your money on gambling site still depends on your luck and timing too though, without good timing I dont think you will get profit because most of big whale will take like tons of money from your investment

this is really of-topic here but you are wrong about altcoins. there are many investments and one of them is investing in trading whether it is stocks, forex or altcoins in the end how successful you are in trading depends on how experience you are in trading. so the chance of earning money is there you just have to know how to use this chance.
member
Activity: 101
Merit: 10
September 21, 2016, 01:06:21 AM
Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.


most casinos, the owner is unknown, and especially in bitcoincasinos.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 21, 2016, 01:03:56 AM
Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.


Correct, investing on casinos would be somehow profitable  but  if you decide to put   money on them then its better to search  to the most reputable  one  rather than investing  to non famous sites which  do sometimes shady which have a  higher chance of being scammed same as you said.
hero member
Activity: 1218
Merit: 557
September 21, 2016, 12:42:54 AM
Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.
legendary
Activity: 3472
Merit: 10611
September 20, 2016, 11:38:13 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink

you are fine as long as you realize that you are leaving your money with a third party and there is nothing you can do in case that third party decide to run away with your money and betray your trust.
besides it is gambling and even in long run there can be some terrible incident that causes the house and you to lose a big amount.

That is quite true but with the time goes you can always recover everything or even get good profit because in the end house will always get the advantage here. To scam huge amount I dont think that some of trustworthy site going to do this because it is one of their source of income and they are not going to make their reputable goes wrong

i know, i am just pointing out the risks of investing in a casino. although there is a chance that a high roller starts losing all his funds and you get a huge profit.

but what if the next day of your investment house lost a big amount. then how long will you wait to recover and how long does it take to reach a profit? and are you willing to wait that long with your money sitting idle?
legendary
Activity: 1078
Merit: 1000
September 20, 2016, 07:02:13 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink

you are fine as long as you realize that you are leaving your money with a third party and there is nothing you can do in case that third party decide to run away with your money and betray your trust.
besides it is gambling and even in long run there can be some terrible incident that causes the house and you to lose a big amount.
And that is why you should invest in several casinos instead of one that way you will diversify you risk, besides if you bankroll only casinos that have been around for a long time the risk of that happening is low.


I would rather advice to invest in 1 casino and use your other funds to invest in something else. An altcoin, stocks ore even a start up. Don't diversify just your money into a sector like gambling, also diversify in investment methods. This way it's really diversified.

I dont think altcoin will give you chance to earn like a lot because altcoin is more chance to lose. You never know which coin will be pumped or dumped and this is more like you gambling. Btw investing your money on gambling site still depends on your luck and timing too though, without good timing I dont think you will get profit because most of big whale will take like tons of money from your investment
legendary
Activity: 1288
Merit: 1000
September 20, 2016, 06:39:49 PM
I would rather advice to invest in 1 casino and use your other funds to invest in something else. An altcoin, stocks ore even a start up. Don't diversify just your money into a sector like gambling, also diversify in investment methods. This way it's really diversified.
The problem with crypto investments is that it is hard to find real investing opportunity in the sea of scams.
If you want simple investment then your choice is limited - you either will invest in casino bankroll, maybe some lending site, and then what?
You can try find good ICOs but risk of this investment is significantly higher. I am not even talking about cloud mining because every new CM is pure scam.

So investing in reputable casinos are somewhat easy way to achieve small profits without big risk.
hero member
Activity: 658
Merit: 500
September 20, 2016, 06:34:11 PM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
I think the advantage will you earn from investing in gambling sites is of victory in getting from the players who lost at the site, I think all casino sites using the system. where you will benefit in accordance with the percentage of capital that you had in the casino sites
sr. member
Activity: 406
Merit: 250
September 20, 2016, 04:09:26 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink

you are fine as long as you realize that you are leaving your money with a third party and there is nothing you can do in case that third party decide to run away with your money and betray your trust.
besides it is gambling and even in long run there can be some terrible incident that causes the house and you to lose a big amount.
And that is why you should invest in several casinos instead of one that way you will diversify you risk, besides if you bankroll only casinos that have been around for a long time the risk of that happening is low.


I would rather advice to invest in 1 casino and use your other funds to invest in something else. An altcoin, stocks ore even a start up. Don't diversify just your money into a sector like gambling, also diversify in investment methods. This way it's really diversified.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 20, 2016, 01:06:33 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink

you are fine as long as you realize that you are leaving your money with a third party and there is nothing you can do in case that third party decide to run away with your money and betray your trust.
besides it is gambling and even in long run there can be some terrible incident that causes the house and you to lose a big amount.
And that is why you should invest in several casinos instead of one that way you will diversify you risk, besides if you bankroll only casinos that have been around for a long time the risk of that happening is low.
full member
Activity: 140
Merit: 100
September 20, 2016, 09:06:37 AM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
If the game has greater than 0% house edge, which is the case almost everywhere, then investors are at advantage over players.

Correct but if any players win big amount then investors may need to wait for long time to recover back their money otherwise they investors are always makes money from these casino investments in the long term. But shorter term it may be quite risky.

Yes but in reality you are betting that the players actually lose all their BTC so you can gain from it. Its no differerent from those small "bucket shop" type forex brokers. They actually trade against you, because chances are you will empty out your account.

They trade against you because there's a house edge in binary options....it's really just gambling disguised as trading. Investing is playing their side - you are gambling, thanks to variance, but thanks to the house edge, your mathematical expected returns are positive.
legendary
Activity: 3808
Merit: 1723
September 20, 2016, 03:52:56 AM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
If the game has greater than 0% house edge, which is the case almost everywhere, then investors are at advantage over players.

Correct but if any players win big amount then investors may need to wait for long time to recover back their money otherwise they investors are always makes money from these casino investments in the long term. But shorter term it may be quite risky.

Yes but in reality you are betting that the players actually lose all their BTC so you can gain from it. Its no differerent from those small "bucket shop" type forex brokers. They actually trade against you, because chances are you will empty out your account.
legendary
Activity: 3346
Merit: 1914
Shuffle.com
September 20, 2016, 03:46:06 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?
Take a look at this thread it also helped me to choose which site to invest and I chose Crypto-games so far I already gained 2% roi on my 2nd week of investing on the site.
klf
legendary
Activity: 1344
Merit: 1000
September 19, 2016, 08:35:01 PM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
If the game has greater than 0% house edge, which is the case almost everywhere, then investors are at advantage over players.

Correct but if any players win big amount then investors may need to wait for long time to recover back their money otherwise they investors are always makes money from these casino investments in the long term. But shorter term it may be quite risky.
legendary
Activity: 1078
Merit: 1000
September 19, 2016, 07:37:50 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink

you are fine as long as you realize that you are leaving your money with a third party and there is nothing you can do in case that third party decide to run away with your money and betray your trust.
besides it is gambling and even in long run there can be some terrible incident that causes the house and you to lose a big amount.

That is quite true but with the time goes you can always recover everything or even get good profit because in the end house will always get the advantage here. To scam huge amount I dont think that some of trustworthy site going to do this because it is one of their source of income and they are not going to make their reputable goes wrong
legendary
Activity: 2226
Merit: 1052
September 19, 2016, 07:22:56 PM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
If the game has greater than 0% house edge, which is the case almost everywhere, then investors are at advantage over players.
legendary
Activity: 1288
Merit: 1000
September 19, 2016, 07:07:33 PM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
Investing in casinos in most cases is fueling bankroll of casino with your money.
So yes, you can say that you "play" against players as you are considered the "house" here.

What fees are you talking about here?
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
September 19, 2016, 06:36:25 PM
Isn't investing in BTCBTCBTC casinos simply betting against the players?

Or are there programs that give you dividends from the fees?
hero member
Activity: 798
Merit: 503
September 19, 2016, 04:29:31 PM
Some people here have not understood the topic the OP has actually posted. Gambling your money is one thing and investing in a casino bankroll is different. While gambling will be a loss in the long run, investing in the casino bankroll is not so. However you should also be ready to lose some if some high roller wins a lot since you have a share of the casino bankroll. However investing a small amount is not bad and is worth doing in reputed casino site - recommend you do research about it before doing it.

I could not agree more. If you are up for a long term investment with online casino bankroll, then you will be fine because you have the house edge advantage just like that of the casino owners. However, it is but natural that you will be in a negative profit in a week or two because there will be some lucky  players that wins in the high rollers. But if you keep holding on and invest regularly, then you will be fine. Otherwise, there will be no casinos will be running now - just think of that in a sec Wink


I  couldn't agree more than this because proper of the curiosity of Op matters before providing answers and this, you have done justice to... Bankrooling also possess its own risk but definitely less than gambling itself...
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