Pages:
Author

Topic: Investing in casinos - page 5. (Read 6813 times)

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
February 24, 2017, 07:57:00 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.

You can add up also that you will not just depend your profit with investing in casino's. Mostly people that are investing in casino's have their own other types of investments which can be a support to their daily lives. That is why they can sustain to invest into other investments. Also make sure that you'll invest volumes in casino's not portion.
Actually if you will have to read all the tips in becoming successful in investing in a casino, there are really plenty of it, but in the end, still our decision will matter because along the way we have experience different ups and downs and that would be very vital for our decision making.
I believe we have different experience although we are acknowledging the same tips because we have unique ways of implementing it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 24, 2017, 05:36:20 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.

You can add up also that you will not just depend your profit with investing in casino's. Mostly people that are investing in casino's have their own other types of investments which can be a support to their daily lives. That is why they can sustain to invest into other investments. Also make sure that you'll invest volumes in casino's not portion.
legendary
Activity: 1176
Merit: 1017
February 24, 2017, 01:28:12 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.
legendary
Activity: 1162
Merit: 1002
February 24, 2017, 12:03:13 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.
hero member
Activity: 1022
Merit: 511
February 24, 2017, 10:57:33 AM
There are ways to manage risk and therefore investing in casinos are very attractive, it will give us a consistent income as they consistently win all the time. Now, if an investor does not want to take that kind of risk, he is free do it with banks and get a little return of his money.
As for me, I need to take bigger risk as my money is not fit for low risk investment since I believe I will not grow it in a good amount in time.
Yes there is no doubt about this that investment in casino is a good investment, but in fact it is very difficult to select a trusted casino. Because there are more chances that some scammed casino will take your investment, therefore I think it is much important to investigate about a casino before investing your money there.

Investing into casino must be a better idea than gambling still most gamblers will not prefer as they want only core gambling and not any other idea.
legendary
Activity: 1456
Merit: 1023
February 23, 2017, 08:38:05 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.

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.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
February 23, 2017, 08:32:44 PM
This would be the right place for the discussion IMO, anyway investing is better mathematically than gambling since the house edge is in your favor, the tough question is the place to invest in, Just-dice was the obvious pick before but now it's not as easy as before to choose where to invest.

Yup, where investments are indeed provide us with an advantage. But if we are wrong in taking the place for investment then everything will end up at a huge disadvantage, the Casino is a very profitable place for each investment, but also very dangerous for all people who do not understand how game (investment), better before committing investment in Casino learn it to understand the new do
if you take a look on how a lot of casino making profit then you don't have to feel confused to understand how investment works , simply you will get profit sharing when you decide to inject your money to their bankroll .

casino get profit = you get it too , what else you should to be understand?
I think what he means we should understand how investment work first is not about how we can get profit, but rather how "transparency" between investor and casino once we invested our money in a gambling/casino site. This is why Baryom, as Bitsler's admin also curious about this https://bitcointalksearch.org/topic/bitsler-invest-1787647
And about "Huge disadvantage" what he said too, i am sure he means we must know which site we want to invest (that site must trusted obviously), or our investment will gone when admin from that site ran away.
True because investing in a casino is no doubt a very profitable venture, but since we have witnessed that there are casinos in the past that there are gambling sites that ran away with the money of investors, it is necessary that we also do a background investigation on how reputable the site we are trusting our money, and  even if they are trusted enough, putting all our fund in one casino would not reduce the risk, diversification must be done.
legendary
Activity: 1680
Merit: 1001
February 23, 2017, 08:05:18 PM
This would be the right place for the discussion IMO, anyway investing is better mathematically than gambling since the house edge is in your favor, the tough question is the place to invest in, Just-dice was the obvious pick before but now it's not as easy as before to choose where to invest.

Yup, where investments are indeed provide us with an advantage. But if we are wrong in taking the place for investment then everything will end up at a huge disadvantage, the Casino is a very profitable place for each investment, but also very dangerous for all people who do not understand how game (investment), better before committing investment in Casino learn it to understand the new do
if you take a look on how a lot of casino making profit then you don't have to feel confused to understand how investment works , simply you will get profit sharing when you decide to inject your money to their bankroll .

casino get profit = you get it too , what else you should to be understand?
I think what he means we should understand how investment work first is not about how we can get profit, but rather how "transparency" between investor and casino once we invested our money in a gambling/casino site. This is why Baryom, as Bitsler's admin also curious about this https://bitcointalksearch.org/topic/bitsler-invest-1787647
And about "Huge disadvantage" what he said too, i am sure he means we must know which site we want to invest (that site must trusted obviously), or our investment will gone when admin from that site ran away.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 23, 2017, 08:02:30 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.
hero member
Activity: 770
Merit: 500
February 23, 2017, 07:52:24 PM
That's a good idea but most of the trusted casinos out there provide really less returns like 1-3% a year as far as I have heard. It may be more but unfortunately it is still less than the return bitcoin provides you every year.
So I would recommend you to not invest in any caaino and let the bitcoin stay in your wallet.
1-3% in a year? where did you heard that? that return is when you deposited your money in bank. I've said if my investment increased 20% since i invested my money in a dice site (if you read my history post, you will know where i invested) on 6 months ago. The return could be more if someone lost a lot or it could decreased when someone won a lot.
That was a investment return which is guaranteed and no risk it is kind if like bank. I also agree that gambling sites provide really good returns but lately I'm bit scared to invest in them because of scams. I have tried yolodice from yesterday and leverage 1 let's see if it's profitable after a month or not.

Yolodice is doing fairly well if you check the investment thread you will see it there as well as biggest and kingdice. There is one more I forget its name. The biggest and only risk for casinoes is the casino closing and running away. This you cannot know but if I were investing lots of bitcoin I would want to k ow as much as I can like who the owner is where he loves how I can contact him and things like that. Perhaps a legal agreement too.
legendary
Activity: 938
Merit: 1002
February 23, 2017, 04:11:58 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.
legendary
Activity: 1470
Merit: 1002
February 23, 2017, 06:56:28 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.

There is also some website that keeps track of all these btc casino. The site provides daily volume of gambling, the daily amount of btc wages, and the profit etc. They have already declare that their choices of btc casino is strict and certain casino is not allow to be part of it cause they try to false some data.
He probably did not want to give us the link, because betcoin.ag is exluded. Betcoin.ag false and misleading claim on their website to have 10000s forum members and send false data about their traffic to pokerscout.com.

Pokerscout still show the same statistic, while their Alexa Global Rank dropped 62% recently! Something is odd here. Angry

Let us talk about a Bitcoin poker room in free fall, betcoin.ag

The website did not state the reason why he did not include certain btc casino but i remember he did explain it in this forum when someone question about it. And the reason given is valid so that is why a lot of people especially btc casino investor are quite reliable on the website. Overall, the up and down on the investment fund tally with the site too.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
February 23, 2017, 06:24:32 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.

There is also some website that keeps track of all these btc casino. The site provides daily volume of gambling, the daily amount of btc wages, and the profit etc. They have already declare that their choices of btc casino is strict and certain casino is not allow to be part of it cause they try to false some data.
can you tell us that site name, it is easy to check our investment site status? This information is enough to make an investment on any site. And yes if bitcoin talk forum not here means we will face a lot of problems in investing and if any one site cheat customers means people will not stop to focus on investing.

Yeah i think the forums here are a bug help if we're just trying to research on what sites can we trust our capitals on. The good thing with bitcointalk and other forums like this is we get inputs from a lot of people who actually have different experiences already and not just relying on a site's own information. Here we can get negative and positive insights and experiences that can help us decide wisely on which sites we'll trust
hero member
Activity: 1344
Merit: 507
February 23, 2017, 01:54:15 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.

There is also some website that keeps track of all these btc casino. The site provides daily volume of gambling, the daily amount of btc wages, and the profit etc. They have already declare that their choices of btc casino is strict and certain casino is not allow to be part of it cause they try to false some data.
He probably did not want to give us the link, because betcoin.ag is exluded. Betcoin.ag false and misleading claim on their website to have 10000s forum members and send false data about their traffic to pokerscout.com.

Pokerscout still show the same statistic, while their Alexa Global Rank dropped 62% recently! Something is odd here. Angry

Let us talk about a Bitcoin poker room in free fall, betcoin.ag
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
February 22, 2017, 10:28:42 PM
This would be the right place for the discussion IMO, anyway investing is better mathematically than gambling since the house edge is in your favor, the tough question is the place to invest in, Just-dice was the obvious pick before but now it's not as easy as before to choose where to invest.

And if you did chose to invest in casino's you are in favor to get more profit but that depends on how much or how big your bankroll is. Safedice is the one that I see that good to invest also kingdice and crypto games. I saw a good progress of one investor on those sites and has positive result, you can check his thread here. https://bitcointalk.org/index.php?topic=1585408.980
Very nice suggestion mate about those gambling site because they are good in terms of investment and do have a good returns on monthly basis and if i do have the money i will diversify all of my bitcoin into different site because its better not to put all eggs in one basket. The more the better.

Yes 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.

Don't expect any fixed income from these casino bankroll investments because sometimes it may take quite long time to give you good profits. But by diversifying surely one can increase the profit making chances but still, I suggest don't enter into these investments if one is looking for some fixed income on a monthly basis.

Yeah, there's no fix income from casino bankrolls. But if you did invested with so many casino's depending on the amount you are going to deposit, that's better. Investing in casino's are just good if you got some decent way of earning and you are already stable from it. But if you will hope your living there, it's not the right place.
hero member
Activity: 770
Merit: 500
February 22, 2017, 02:12:56 PM
That's a good idea but most of the trusted casinos out there provide really less returns like 1-3% a year as far as I have heard. It may be more but unfortunately it is still less than the return bitcoin provides you every year.
So I would recommend you to not invest in any caaino and let the bitcoin stay in your wallet.
1-3% in a year? where did you heard that? that return is when you deposited your money in bank. I've said if my investment increased 20% since i invested my money in a dice site (if you read my history post, you will know where i invested) on 6 months ago. The return could be more if someone lost a lot or it could decreased when someone won a lot.
That was a investment return which is guaranteed and no risk it is kind if like bank. I also agree that gambling sites provide really good returns but lately I'm bit scared to invest in them because of scams. I have tried yolodice from yesterday and leverage 1 let's see if it's profitable after a month or not.
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.
although all types of investments are risky as there are more chance that our will lose your money in investment and trading but without taking risk it is also not possible to make money from investment and trading. so if you want to make money you need to invest your money in trading. i myself invested a good amount of my assets in bitcoin.
legendary
Activity: 1316
Merit: 1011
February 22, 2017, 07:46:07 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.

There is also some website that keeps track of all these btc casino. The site provides daily volume of gambling, the daily amount of btc wages, and the profit etc. They have already declare that their choices of btc casino is strict and certain casino is not allow to be part of it cause they try to false some data.
can you tell us that site name, it is easy to check our investment site status? This information is enough to make an investment on any site. And yes if bitcoin talk forum not here means we will face a lot of problems in investing and if any one site cheat customers means people will not stop to focus on investing.
legendary
Activity: 1470
Merit: 1002
February 22, 2017, 06:19:27 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.

There is also some website that keeps track of all these btc casino. The site provides daily volume of gambling, the daily amount of btc wages, and the profit etc. They have already declare that their choices of btc casino is strict and certain casino is not allow to be part of it cause they try to false some data.
legendary
Activity: 2674
Merit: 1048
February 22, 2017, 06:02:44 AM
This would be the right place for the discussion IMO, anyway investing is better mathematically than gambling since the house edge is in your favor, the tough question is the place to invest in, Just-dice was the obvious pick before but now it's not as easy as before to choose where to invest.

Yup, where investments are indeed provide us with an advantage. But if we are wrong in taking the place for investment then everything will end up at a huge disadvantage, the Casino is a very profitable place for each investment, but also very dangerous for all people who do not understand how game (investment), better before committing investment in Casino learn it to understand the new do
if you take a look on how a lot of casino making profit then you don't have to feel confused to understand how investment works , simply you will get profit sharing when you decide to inject your money to their bankroll .

casino get profit = you get it too , what else you should to be understand?
legendary
Activity: 1386
Merit: 1058
February 22, 2017, 05:43:42 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.
If we do not have bitcointalk forum, I believe there would be only fewer chances for us to have or to identify reliable casino. There are some third party services on gambling site's review but they are biased and  sponsored.

Definitely I will not even think about investing into a gambling site which is not maintaining their trust score here in this forum. What their business levels or hectic schedules, they must have answer for people's questions and doubts in this forum so that I can conclude them trusted and will invest with them.
Pages:
Jump to: