Topic: Investing in btc casinos - page 8. (Read 40405 times)
I like to gamble, but I'm getting tired of losing, so I'm thinking about shifting my strategy towards investing instead. has anyone here made much money from investing in a dice site's bankroll? how much would I have to invest to see a decent return? and how long would I have to stay invested?
Casino investments are in themselves quite good. Of course whales could come in a get lucky but overall you KNOW mathematically that you're supposed to win. And there are very few investment opportunities that can provide something like that.
But the problem is that it's not your casino. So it's not your game. It's not your bankroll and... Technically it's not you money.
So casino investment is good but you have to TRUST the site and the person behind to just not leave with your money in their pocket.
But the problem is that it's not your casino. So it's not your game. It's not your bankroll and... Technically it's not you money.
So casino investment is good but you have to TRUST the site and the person behind to just not leave with your money in their pocket.
I agree. That's why it's important to do some research, hang around on their websites before investing, talk to other investors and make sure they've protected the total bankroll with a max win per bet (on the most played/risky games), which is dynamic and let's say 0.5% or 1% of active bankroll.
It's also important to consider it as a long-term investment and not to panic when someone's lucky one day and wins big. And yes, TRUST is very important, but don't forget transparency: like detailed profit updates, so you can calculate yourself if all goes as it should.
In my experience we should the decided investing money in what ever mode even in bitcoin casinos. You should have three fold amount first invest and get trial on it if it works continue if it require more second fold has to invest and wait for the results still it need some back up go with the third fold so you help yourself to protect the investment. I you have a very small amount don't go with bitcoin casinos you will not get anything what you want.
Casino investments are in themselves quite good. Of course whales could come in a get lucky but overall you KNOW mathematically that you're supposed to win. And there are very few investment opportunities that can provide something like that.
But the problem is that it's not your casino. So it's not your game. It's not your bankroll and... Technically it's not you money.
So casino investment is good but you have to TRUST the site and the person behind to just not leave with your money in their pocket.
But the problem is that it's not your casino. So it's not your game. It's not your bankroll and... Technically it's not you money.
So casino investment is good but you have to TRUST the site and the person behind to just not leave with your money in their pocket.
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?
Just-dice is probably the most trusted dice website in the Bitcoin space because the owner is very active for a long time. Mega dice it’s been in for a long time and I think we can trust it. 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?
every site can be trusted until they exit scam you
it is almost impossible to predict this scenario,other than that-read about the site
check what other investors say,check their publicly available stats and proof of funds
some sites like bitvest.io,for example,provide full stats with graphs on the investments
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?
Just-dice is probably the most trusted dice website in the Bitcoin space because the owner is very active for a long time. Mega dice it’s been in for a long time and I think we can trust it. 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?
Casino investments are really nice because you can use leverage which means you can put 10xleverage and have 0.10btc and have 1btc invested. This is nice because if tou worried about the casino running off with your money they will only run off with 1/10th of it but I doubt that will happen. It also always you to invest the other 0.90btc elsewhere.
When you invest money don't always think the only advantage but also need to consider disadvantages because if you leverage 10x then you also can lose your investments 10X faster. Because if the site loses 10% of their bankroll, then you will lose almost all your investments. It is quite common gambling houses sometimes they will lose 10% of their bankroll if any big whales win few times.
But in the end house will always win, so it does not matter anyway. And 10% of their bankroll is pretty huge amount to lose here. Since big whale will never eat up that huge amount unless there is suddenly big win on slots or may be some lottery game. I ever saw huge bet on betking only and that is the biggest bet ever but still house is on profit too so it is pretty good profit on gambling investment
Why do you think that only one person can win big amount to lose 10% of site bankroll?
In case if few lucky guys win huge amount then surely casinos can lose 10% of their bankrolls and if that happens and if you have leveraged 10 times then you can lose all your bankroll. Just consider moneypot bankroll they lost so much money. In gambling, anything can happen and it is our responsibility play safe.
What I know is investing bitcoins in casinos is full of risk only. Life is full of risk even though we surviving if you not take risk you will not grow. You can invest in bitcoin casinos not in one shot just start with little and increase depend on the experience you gain will be very safe for your investment.
Casino investments are really nice because you can use leverage which means you can put 10xleverage and have 0.10btc and have 1btc invested. This is nice because if tou worried about the casino running off with your money they will only run off with 1/10th of it but I doubt that will happen. It also always you to invest the other 0.90btc elsewhere.
When you invest money don't always think the only advantage but also need to consider disadvantages because if you leverage 10x then you also can lose your investments 10X faster. Because if the site loses 10% of their bankroll, then you will lose almost all your investments. It is quite common gambling houses sometimes they will lose 10% of their bankroll if any big whales win few times.
But in the end house will always win, so it does not matter anyway. And 10% of their bankroll is pretty huge amount to lose here. Since big whale will never eat up that huge amount unless there is suddenly big win on slots or may be some lottery game. I ever saw huge bet on betking only and that is the biggest bet ever but still house is on profit too so it is pretty good profit on gambling investment
Casino investments are really nice because you can use leverage which means you can put 10xleverage and have 0.10btc and have 1btc invested. This is nice because if tou worried about the casino running off with your money they will only run off with 1/10th of it but I doubt that will happen. It also always you to invest the other 0.90btc elsewhere.
When you invest money don't always think the only advantage but also need to consider disadvantages because if you leverage 10x then you also can lose your investments 10X faster. Because if the site loses 10% of their bankroll, then you will lose almost all your investments. It is quite common gambling houses sometimes they will lose 10% of their bankroll if any big whales win few times.
Casino investments are really nice because you can use leverage which means you can put 10xleverage and have 0.10btc and have 1btc invested. This is nice because if tou worried about the casino running off with your money they will only run off with 1/10th of it but I doubt that will happen. It also always you to invest the other 0.90btc elsewhere.
I have invested in a casino site quite a long time ago with some decent return. Would you advise me to do invest again?
If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
I would recommend that you diversify your investment, do not just trust your money in one casino as there are a lot of casinos out there who offers the same investment program, the point here is you can minimize the risk while you can sill receive the same profit because in general casino's are profitable especially those who are existing for a long period of time already.If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
I have invested in a casino site quite a long time ago with some decent return. Would you advise me to do invest again?
If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
I would recommend that you diversify your investment, do not just trust your money in one casino as there are a lot of casinos out there who offers the same investment program, the point here is you can minimize the risk while you can sill receive the same profit because in general casino's are profitable especially those who are existing for a long period of time already. If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
I have invested in a casino site quite a long time ago with some decent return. Would you advise me to do invest again?
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Yes, I would (better than leaving coins laying in wallet)...
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If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
Surely split your funds among multiple casinos to minimize risk ( whales can win significant bankroll part of one, two casinos ... unlikely more ).
I have invested in a casino site quite a long time ago with some decent return. Would you advise me to do invest again?
If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
If so, what would you recommend: invest in a single casino the whole amount or diversify the investment in different sites?
It has nothing to do with the casinos popularity. When a casino is less popular it should still make profit, just less. Nothing wrong with that.
Problem is that there are small bitcoin casinos that start operation with 0.05BTC capital and there might be whales that deposit 1 BTC and win 10 BTC and where will get insufficient capital come from?
Most small casinos don't set bet limits against the sites available capital and it leads to insolvency. They just shut their doors and move on to the next scam site.
This is completely true too. New sites are so eager to compete with the big guys instead of trying to find their target market. Its okay to start small, but over leveraging can lead to harsh scenarios.
in my opinion invest small amount of bitcoins in Casino then we won't be able to have a good profit and if we have a huge amount of bitcoins than to my mind it's better to create your own casino because all profit will be your because when you invest, you are receiving small percent of profit. 
It's not that easy to start your own casino and you could end up losing everything just because your casino isn't popular enough.
Far less risky to just invest a couple of Bitcoins in an established Bitcoin casino.
I think you're vastly underestimating the cost and skill required to start your own profitable casino.
It has nothing to do with the casinos popularity. When a casino is less popular it should still make profit, just less. Nothing wrong with that.
Problem is that there are small bitcoin casinos that start operation with 0.05BTC capital and there might be whales that deposit 1 BTC and win 10 BTC and where will get insufficient capital come from?
Most small casinos don't set bet limits against the sites available capital and it leads to insolvency. They just shut their doors and move on to the next scam site.
in my opinion invest small amount of bitcoins in Casino then we won't be able to have a good profit and if we have a huge amount of bitcoins than to my mind it's better to create your own casino because all profit will be your because when you invest, you are receiving small percent of profit.
It's not that easy to start your own casino and you could end up losing everything just because your casino isn't popular enough.
Far less risky to just invest a couple of Bitcoins in an established Bitcoin casino.
I think you're vastly underestimating the cost and skill required to start your own profitable casino.
Doing it right would require a sophisticated infrastructure. Sophisticated in the way of load balances, separate servers for services, wallet servers, etc.
in my opinion invest small amount of bitcoins in Casino then we won't be able to have a good profit and if we have a huge amount of bitcoins than to my mind it's better to create your own casino because all profit will be your because when you invest, you are receiving small percent of profit.
It's not that easy to start your own casino and you could end up losing everything just because your casino isn't popular enough.
Far less risky to just invest a couple of Bitcoins in an established Bitcoin casino.
I think you're vastly underestimating the cost and skill required to start your own profitable casino.
in my opinion invest small amount of bitcoins in Casino then we won't be able to have a good profit and if we have a huge amount of bitcoins than to my mind it's better to create your own casino because all profit will be your because when you invest, you are receiving small percent of profit.
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