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Topic: Investing in casinos - page 4. (Read 6778 times)

klf
legendary
Activity: 1344
Merit: 1000
February 27, 2017, 08:15:51 AM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.
If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much

That's another case, having small amount of bitcoins and wanting to maximize it for investing with various casino's. Then that's a very hard thing to do, you can simply invest it on a specific legit and trusted casino. Bitsler and crypto-games are legit and good casino's to invest but there are also new aspiring ones like kingdice.

When one got a small amount than should start first with anyone trusted the site and slowly start investing profits on another site as well. But keeping all your money in any one site is not a good investment strategy. Becuase any time one can win big amount then all your profits may suddenly drain up. So you can start with one site but as soon as possible you start diversifying your funds.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
February 27, 2017, 08:03:46 AM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.
If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much

That's another case, having small amount of bitcoins and wanting to maximize it for investing with various casino's. Then that's a very hard thing to do, you can simply invest it on a specific legit and trusted casino. Bitsler and crypto-games are legit and good casino's to invest but there are also new aspiring ones like kingdice.
legendary
Activity: 1946
Merit: 1137
February 27, 2017, 02:50:24 AM
Finding a reputable casinos is not a hard job to do, we have threads here dedicated for a specific casinos running their business and we can always read the feedback of the people, and we have already a good understanding on where to invest. Though it does not guarantee that we are scam free but at least we are confident with what we are doing. Moreover, we need to diversify our investments.
Although it is not such an easy job to find a trusted casino, but I think bitcointalk can make it easy for you to find a trusted casino, where you can invest your money in a trusted casino. But still you also need to do some investigation about the casino where are you are going to invest our money.

Bitcointalk community are active in determining what is a scam Casino site and what is not.  This is also the reporting spot of those who are scammed and give warning to the possible victim of the scam.  About investment I think there is some thread here that updates its statistics on different casinos that they put an investment.  I just forgot the link though sorry for that.

what does it mean "i forgot the link"!!!! do you memorize them Cheesy
that topic is usually in the first 3 pages, you can also always find it through search function, and here is the link (on the first page): https://bitcointalksearch.org/topic/bitcoin-gambling-investments-1585408

@justdimin what do you find hard about finding a trusted casino? it is a piece of cake. you open google.com and search the name of the casino or game that you want to play then add "Site:bitcointalk.org" in the end to find the announcement topic or possible scam accusation against them!
in the end you open up the website itself and check their provably fair system too.
hero member
Activity: 1918
Merit: 564
February 26, 2017, 05:44:29 PM
Finding a reputable casinos is not a hard job to do, we have threads here dedicated for a specific casinos running their business and we can always read the feedback of the people, and we have already a good understanding on where to invest. Though it does not guarantee that we are scam free but at least we are confident with what we are doing. Moreover, we need to diversify our investments.
Although it is not such an easy job to find a trusted casino, but I think bitcointalk can make it easy for you to find a trusted casino, where you can invest your money in a trusted casino. But still you also need to do some investigation about the casino where are you are going to invest our money.

Bitcointalk community are active in determining what is a scam Casino site and what is not.  This is also the reporting spot of those who are scammed and give warning to the possible victim of the scam.  About investment I think there is some thread here that updates its statistics on different casinos that they put an investment.  I just forgot the link though sorry for that.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
February 26, 2017, 05:20:26 PM
Finding a reputable casinos is not a hard job to do, we have threads here dedicated for a specific casinos running their business and we can always read the feedback of the people, and we have already a good understanding on where to invest. Though it does not guarantee that we are scam free but at least we are confident with what we are doing. Moreover, we need to diversify our investments.
Although it is not such an easy job to find a trusted casino, but I think bitcointalk can make it easy for you to find a trusted casino, where you can invest your money in a trusted casino. But still you also need to do some investigation about the casino where are you are going to invest our money.

nowadays the reputed casinos suddenly they will turn into a loss. So be careful before investing any casino site.
This is the point even veteran investors get failed because no one can be sure all the times about the future of one business. Even long searches also fail in this case.
legendary
Activity: 1092
Merit: 1000
February 26, 2017, 02:09:53 PM
Investing in casino's bankroll is one very good long-term investment.

But, you need to:
- Able to afford losing it. Like in every investment.
- Choose very carefully casinos.
- Able to not touch it for >6 months.
The last point is simply not true, many casinos allow you to withdraw your money any time you want and you done need to be invested with them for any fixed periods of time, but it is true that the longer you maintain your investment in the casino the chances of turning a profit get higher.
Yes now all casinos are allowing investors to withdraw their money at any time. Only some old casinos have this condition. And yes if you have big capital investment is the best source to make a profit in the long term. But you must choose the right casino to invest, and you keep on track your investment. Becasue nowadays the reputed casinos suddenly they will turn into a loss. So be careful before investing any casino site.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 26, 2017, 01:45:01 PM
Investing in casino's bankroll is one very good long-term investment.

But, you need to:
- Able to afford losing it. Like in every investment.
- Choose very carefully casinos.
- Able to not touch it for >6 months.
The last point is simply not true, many casinos allow you to withdraw your money any time you want and you dont need to be invested with them for any fixed periods of time, but it is true that the longer you maintain your investment in the casino the chances of turning a profit get higher.
hero member
Activity: 3038
Merit: 647
February 26, 2017, 02:15:26 AM
Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria.  You need to know how much of your investment is at risk during each event.  Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence.  A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.
How specifically can a "shark" take advantage of a -EV house edge? The Kelly Criterion is to make sure that the casino will not lose the hole bankroll, but the player will never have an advantage while playing with -EV!

Sharks take advantage against fishes in poker. You obviously mixed here something...
Regardless on how you called yourself, you can never take advantage on the house edge that's why they are operating in a profitable way. Sharks can bet big and only if they are lucky will they can cash out a big amount of money.What you have that you should not worry is the edge every time this sharks roll the dice, you'll not be guaranteed a win but having an edge will give you more chances to win.
hero member
Activity: 2996
Merit: 609
February 26, 2017, 12:59:30 AM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

That's is the reason you should put your money in many products to reduce your losses. If you think that even with diversifying your funds you can't make a profit in the longer term then you can't invest your money in any investments. Because all investments come with some risks and we have to manage those risks to grow our money. The more your diversify, you got a better chances of making profits.
Diversifying on many investments is really ideal and as you said if that thing didnt work out then try again to scratch and make good research about investments since  even you have many investments and those are just good for short terms and not doing well and even give you negative profits then it would be still useless at all and as an investor its really our responsibility to seek always for good investments.
legendary
Activity: 1456
Merit: 1023
February 25, 2017, 08:25:08 PM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

That's is the reason you should put your money in many products to reduce your losses. If you think that even with diversifying your funds you can't make a profit in the longer term then you can't invest your money in any investments. Because all investments come with some risks and we have to manage those risks to grow our money. The more your diversify, you got a better chances of making profits.
member
Activity: 77
Merit: 10
February 25, 2017, 04:32:17 PM
Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.
Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.


Almost had same oppinion with both of you, but from what i know most popular online casinos were own by only a several big company also with big money, it will make us need very2 big money to invest on any casino to start get revenue and will more harder than invest/saving on general bank..
legendary
Activity: 2436
Merit: 1804
guess who's back
February 25, 2017, 04:31:19 PM
Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.

actually investing in a casino is better than putting your money in the bank , if things went good of course cause there is variance
in general investing in gambling sites is good but you don't have to take it seriously cause you will face a lot of ups and downs
for me at least investing in the casinos is better than letting the coins in the wallet doing nothing , but everyone has his own opinion
hero member
Activity: 700
Merit: 500
February 25, 2017, 03:56:41 PM
Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.
sr. member
Activity: 812
Merit: 251
February 25, 2017, 01:02:33 PM
Investment in casinos is a good idea to me especially if you are going to be involved long term as it is profitable and will yield results but those looking for interim profits should look away from casinos. I'll have to grow my bankroll a little bit before I venture into casinos as that will be my next source of income after mining.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 25, 2017, 12:50:06 PM
Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.
Investing in reputable casinos is a good idea but I think you are misunderstanding how it works, the casino does not guarantee you are going to make any profit at all, in fact you can get losses, there is not a fixed amount of money you can get, one day you could earn 10% of your investment and the next day you lose 15%.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 25, 2017, 12:41:05 PM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.
If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
February 25, 2017, 08:17:54 AM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.
hero member
Activity: 1344
Merit: 507
February 24, 2017, 10:51:53 PM
Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria.  You need to know how much of your investment is at risk during each event.  Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence.  A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.
How specifically can a "shark" take advantage of a -EV house edge? The Kelly Criterion is to make sure that the casino will not lose the hole bankroll, but the player will never have an advantage while playing with -EV!

Sharks take advantage against fishes in poker. You obviously mixed here something!
legendary
Activity: 1470
Merit: 1002
February 24, 2017, 10:42:39 PM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

Apparently you are not into any form of investment. Even in real world investment, it is always good to diversify your profile, so you are not prone to one kind of threat that can wipe you out. Unless you are 100% sure that this casino will 100% give you profit then you go all in. But most of the case is that we are not sure, even people are making money from casino investment, there is still a lot of people suffer losses for it.
legendary
Activity: 3024
Merit: 2148
February 24, 2017, 10:29:23 PM
it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.
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