Topic: Investing in Gambling Sites (Read 2023 times)

Quote from: xypos on May 30, 2017, 04:36:51 AM

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

Can the casino put a betting maximum limit to prevent such a scenario?

Most casino simply put a dynamic limit depending on the bankroll.
The good point is that if a whale comes in and win, the bankroll diminish so maximum bet for the whale decreases too.
It avoids getting recked by a lucky strike from a big whale.

But you still see casino losing money from time to time.
Though the biggest risk is still direct hack and shit like this ^^

goinmerry

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Quote from: ASHLIUSZ on May 30, 2017, 03:16:04 AM

Very few gambling websites provide access to the investment. It's good to find the proper gambling website that has got good reputation as well profits good. Based on the house earning investors will be profited. So investment is small or big doesn't matter will get an assured earning.

What do you mean very few gambling websites provide access to the investment? That sentence did not make any sense at all. however I do agree with the second part of your post. It is extremely important for an investor to find the most trustworthy casino that has a good betting volume whilst maintaining a good house edge and low investment commission. Investing in gambling sites have been one of my most successful moves. I use bitdice because they give you the option to disable betting so that you don't get greedy.

The message is clear. He means that only few gambling site offers investment at their bankrol. If there are lots then can you tell us all so that others will have some information because as much as my knowledge is concerned, I know only a few numbers.

Nice that you make some good money out of investing in a casino. It's a rare case here since I seldom saw people having a decent profit out of investment in gambling sites bankroll. It's a sure profit but the question here is, is it worth the wait? I have too for about years in Moneypot, never had a loss but the profit is not that much and not worth the wait. How much you gained and how much time you spend?

PancherBitCoin

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Quote from: shintosai on May 30, 2017, 10:23:37 AM

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

Can the casino put a betting maximum limit to prevent such a scenario?

well in most of casino they have this features allowing only bettors to bet certain limits they are also avoiding a big lose and casino house
was created not to become a charity but they are there to collect money from the gamblers just got some lucky people but surely they will
recover those loses.

Of course the question is interesting but that there is an opportunity to invest in a casino already for the fact that the business is profitable only in one direction of the direction. It is more likely to be interesting for the gambler himself, What exactly he and such as he is, as a rule, for the circulation of business and investors.

shintosai

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Quote from: apoorvlathey on November 02, 2016, 09:11:58 AM

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

Can the casino put a betting maximum limit to prevent such a scenario?

well in most of casino they have this features allowing only bettors to bet certain limits they are also avoiding a big lose and casino house
was created not to become a charity but they are there to collect money from the gamblers just got some lucky people but surely they will
recover those loses.

YuginKadoya

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Hi ! I would like to know what are the risks involved in investing in gambling sites like moneypot or other cryto casinos. Do people profit in the long run ? And what is an estimated amount of profit generated by it ?

If you are investing to a gambling site, well that will be profitable if the site is not really scam you with your invested coins because there are an instance when they are near in a bankruptcy of the site then they might run with your invested coin,

but if you are investing in taking the risk in the gambling game then that will surely be dependent with your luck because of the randomness in the game of gambling you are not sure if your gonna go home with a profit or not.

bhadz

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Quote from: Lorilikes on May 30, 2017, 01:51:03 AM

I love the investmet choices at bitvest so much beause they let you divest immediately and you can start as low as .01 I think. It has never failed me, I always divest in the profits. Hope you do well! P M me for a link if you want more info.

I was curious on how much you did invest at bitvest and how much you are getting monthly? Because your return will depend on how much you are going to invest there. And it is a good place to invest your bitcoins as it is one of the oldest casino which is legit and is offering a bankroll investment to all of us. Well good luck at your investment.

hatshepsut93

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Quote from: Febo on November 03, 2016, 05:31:32 PM

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

Can the casino put a betting maximum limit to prevent such a scenario?

Of course, and that's what they all actually do, because casinos are built for sustainable profit, they don't take big risks. If a casino has 1000 BTC bankroll and someone would come and bet 300 BTC in a single bet of dice, every casino operator would reject this bet, because the house edge has very small effect on a scale of a single bet, its power shows when there are thousands of bets. So, casino operators set limit for a maximum allowed bet at around 0.5-2% of their total bankroll, so they can't lose a significant part of their bankroll to some whale in a few bets.

sasaku bitbit

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Quote from: Lutpin on November 02, 2016, 12:23:07 PM

Quote from: Febo on November 02, 2016, 12:20:26 PM

you profit should be to around 10% a year.

Did you throw a dice to get that number?
There are a lot of factors influencing expected profit, and it's different for every site you invest into.
You can't say any number should be the profit, and you can certainly not say a universal number fitting for all sites.

No i have invested in bankroll in one casino now for leik 15 months. Longer period of time you have invested more closer to steady income you will get. If you have investment there for only a month is a gamble.
Biggest part is that your founds are secure. Since if site gets hacked or scammed you will need 10 years to recover.

Perhaps a prolonged period of time you have to invest closer to steady income you will get. If you have investments there for just one month is a gamble.
The greatest part is that you feel safe. Because if the site gets hacked or scammed you will need 10 years to recover the certainly true of it.

michaelch

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Quote from: ASHLIUSZ on May 30, 2017, 03:16:04 AM

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

Can the casino put a betting maximum limit to prevent such a scenario?

OVOBTC

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*Cough**Cough*, of course there is risk, it's not free coins.. Anyway the risk in investing in a gambling site are two:

- a Whale or a group of them, come and play, get lucky and withstand the house edge and leave loaded with BTC "your btc", the profit and losses are shared between all stock owners/investors according to their contribution, so if a whale took %20 of the BR, all investors will lose something equivalent to %20 of their respective deposit.

- The second is easier, people invest, owner claims a hack, malicious employee etc... and leave, No BTC and %100 loss for invested money.
The second one can be negated if you are investing in a trustworthy person or organization "like just-dice dooglus" and the people of moneypot are doing well (I'm not familiar abut them so won't comment on that).

xypos

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Very few gambling websites provide access to the investment. It's good to find the proper gambling website that has got good reputation as well profits good. Based on the house earning investors will be profited. So investment is small or big doesn't matter will get an assured earning.

What do you mean very few gambling websites provide access to the investment? That sentence did not make any sense at all. however I do agree with the second part of your post. It is extremely important for an investor to find the most trustworthy casino that has a good betting volume whilst maintaining a good house edge and low investment commission. Investing in gambling sites have been one of my most successful moves. I use bitdice because they give you the option to disable betting so that you don't get greedy.

ASHLIUSZ

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Very few gambling websites provide access to the investment. It's good to find the proper gambling website that has got good reputation as well profits good. Based on the house earning investors will be profited. So investment is small or big doesn't matter will get an assured earning.

crairezx20

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Quote from: emberbekas on November 14, 2016, 10:27:08 AM

Quote from: Labumi on November 14, 2016, 09:48:33 AM

Quote from: milewilda on November 14, 2016, 08:04:40 AM

Quote from: maxhor on November 14, 2016, 06:11:36 AM

Quote from: Doamader on November 13, 2016, 06:06:01 PM

Quote from: Labumi on November 14, 2016, 09:48:33 AM

Investing in gambling sites is safer than playing and betting on gamble games. It is a long term process which is profitable because we know that the house is always win. It is worry free if you invest in trusted sites and company that operates for a long time and already establish a good reputation.

Sure we do know the result, but those isnt the problem, we need to get a lot trust to invest and trust our bitcoin into those casinos and dices, we never know if someone can hack or the owner can run away with a large ammount of bitcoins.

We can trust on gambling casinos because some of them are running their from long time and looking legit and trustworthy, that is why I think gambling is more safer option than gambling, I would like to suggest investing too.

Investing on the gambling site itself would be the wisest thing to do rather than on playing gambling on the site itself. We can do really trust on those reputable gambling sites who do operate already for many months or years already and we could really say that they will able to sustain even more months or years to come.
I dont have any idea on what is the percentage of profits regarding on investing to them.

Yeah if it was tied on using bitcoin for investment with gambling is indeed better use of investment in gambling sites. because the investments already has a definite advantage and may be very happen, but if gambling is no one knows whether the profit or loss and it also depends on those who conduct gambling

Investing at gambling site is a good choice but to get the real profit we need to put high amount of investment too. Sure we can gain some profit with the lowest one but for me investing with small amount feels like wasting time.

Investing in gambling site also will be wasting time if you are just invest a small amount anything i think even in other investment if you only invest a small amount you can only earn a small profit.. but no guaranteed that you can gain a large profit once you put a big money in gambling casino..
So for me if you are planning to invest not good idea to choose gambling except if you can build your own gambling business it will be more profitable if you start a gambling casino.

freebutcaged

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Been there and done that, so far I have lost once and earned as well just once and now I'm somehow even.

I guess it goes back to your luck as always, how could I tell if someone comes and after a few bets wins %70 of the

Total bankroll and withdrawal successfully, how could I tell if he wasn't one from the casino? I need a guarantee from

Someone to insure me something like that never happens, otherwise I'm all good with my sports betting as the profit worth the risk.

Lorilikes

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I love the investmet choices at bitvest so much beause they let you divest immediately and you can start as low as .01 I think. It has never failed me, I always divest in the profits. Hope you do well! P M me for a link if you want more info.

emberbekas

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Quote from: milewilda on November 14, 2016, 08:04:40 AM

Quote from: maxhor on November 14, 2016, 06:11:36 AM

Quote from: Doamader on November 13, 2016, 06:06:01 PM

Quote from: milewilda on November 14, 2016, 08:04:40 AM

Investing in gambling sites is safer than playing and betting on gamble games. It is a long term process which is profitable because we know that the house is always win. It is worry free if you invest in trusted sites and company that operates for a long time and already establish a good reputation.

Sure we do know the result, but those isnt the problem, we need to get a lot trust to invest and trust our bitcoin into those casinos and dices, we never know if someone can hack or the owner can run away with a large ammount of bitcoins.

We can trust on gambling casinos because some of them are running their from long time and looking legit and trustworthy, that is why I think gambling is more safer option than gambling, I would like to suggest investing too.

Investing on the gambling site itself would be the wisest thing to do rather than on playing gambling on the site itself. We can do really trust on those reputable gambling sites who do operate already for many months or years already and we could really say that they will able to sustain even more months or years to come.
I dont have any idea on what is the percentage of profits regarding on investing to them.

Yeah if it was tied on using bitcoin for investment with gambling is indeed better use of investment in gambling sites. because the investments already has a definite advantage and may be very happen, but if gambling is no one knows whether the profit or loss and it also depends on those who conduct gambling

Investing at gambling site is a good choice but to get the real profit we need to put high amount of investment too. Sure we can gain some profit with the lowest one but for me investing with small amount feels like wasting time.

Labumi

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Quote from: maxhor on November 14, 2016, 06:11:36 AM

Quote from: Doamader on November 13, 2016, 06:06:01 PM

Quote from: maxhor on November 14, 2016, 06:11:36 AM

Investing in gambling sites is safer than playing and betting on gamble games. It is a long term process which is profitable because we know that the house is always win. It is worry free if you invest in trusted sites and company that operates for a long time and already establish a good reputation.

Sure we do know the result, but those isnt the problem, we need to get a lot trust to invest and trust our bitcoin into those casinos and dices, we never know if someone can hack or the owner can run away with a large ammount of bitcoins.

We can trust on gambling casinos because some of them are running their from long time and looking legit and trustworthy, that is why I think gambling is more safer option than gambling, I would like to suggest investing too.

Investing on the gambling site itself would be the wisest thing to do rather than on playing gambling on the site itself. We can do really trust on those reputable gambling sites who do operate already for many months or years already and we could really say that they will able to sustain even more months or years to come.
I dont have any idea on what is the percentage of profits regarding on investing to them.

Yeah if it was tied on using bitcoin for investment with gambling is indeed better use of investment in gambling sites. because the investments already has a definite advantage and may be very happen, but if gambling is no one knows whether the profit or loss and it also depends on those who conduct gambling

milewilda

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Quote from: Doamader on November 13, 2016, 06:06:01 PM

Quote from: Doamader on November 13, 2016, 06:06:01 PM

Investing in gambling sites is safer than playing and betting on gamble games. It is a long term process which is profitable because we know that the house is always win. It is worry free if you invest in trusted sites and company that operates for a long time and already establish a good reputation.

Sure we do know the result, but those isnt the problem, we need to get a lot trust to invest and trust our bitcoin into those casinos and dices, we never know if someone can hack or the owner can run away with a large ammount of bitcoins.

We can trust on gambling casinos because some of them are running their from long time and looking legit and trustworthy, that is why I think gambling is more safer option than gambling, I would like to suggest investing too.

Investing on the gambling site itself would be the wisest thing to do rather than on playing gambling on the site itself. We can do really trust on those reputable gambling sites who do operate already for many months or years already and we could really say that they will able to sustain even more months or years to come.
I dont have any idea on what is the percentage of profits regarding on investing to them.

maxhor

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