Pages:
Author

Topic: Investing in Gambling Sites - page 4. (Read 2078 times)

legendary
Activity: 3066
Merit: 1312
November 05, 2016, 10:25:09 PM
#52
the risk of investing in the casino and other place is almost the same, like the site suddenly closed and the owner run away with your investment, however if you are investing in reputable casino then don't too worry about it, and then sometimes the casino can lose profit if whale come and win big times or somebody win the jackpot, but i think investing in casino is worth to try

IMO it is worth to try only if you have nice amount to invest, otherwise you will only earn small profit. The risk is not worth enough for small investment, thats why some people with less btc prefer to gamble it than invest it.
legendary
Activity: 1666
Merit: 1001
November 05, 2016, 09:10:26 PM
#51
the risk of investing in the casino and other place is almost the same, like the site suddenly closed and the owner run away with your investment, however if you are investing in reputable casino then don't too worry about it, and then sometimes the casino can lose profit if whale come and win big times or somebody win the jackpot, but i think investing in casino is worth to try
hero member
Activity: 756
Merit: 501
November 05, 2016, 07:57:21 PM
#50
The bankroll that some casinos does allows, looks to be the best investment online and with big and potencial rewards, and we do know that gambling is where the most bitcoins are being invested and spent with bitcoin and others crypto, besides exchanges.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 05, 2016, 04:22:00 PM
#49

The best sites to invest right now I think are moneypot and cryptogames though I do not take any responsibility in case any site scams, because they are good till they are up and running.

Maybe best site is not the right or appropriate term even with that famous gambling platfrom you mentioned since best means has higher chance of getting more and stable profits in a long run. If you will look in their calculation of profits when you invest in their bankroll (if ever there is a present calculation on the site) you will noticed that profits are not that interesting if we cared for a long run profit. Yes house always win but if it's really productive then why we can't see others putting seriousness in that type of method? Meaning it's not that appealing to anybody.

Others can look into risk on investing on gambling sites bankroll and can consider that as a side income although don't expect too much profit even you put some big capital out of it.
Well your earning in a casino will depend in a lot of factors, for example, how much money is wagered, the size of the bankroll of the casino the percentage that you receive out of each bet.
sr. member
Activity: 2030
Merit: 323
November 05, 2016, 02:28:28 PM
#48
So how much i need to invest to earn 2000$ per month with investing in casino ?How much is roi?Is it bigger than in revenue share sites or not?
Making 200$ means that around 20k $ should be gambled away daily ( with just your money ) which I see pretty odd. I mean there are other investors also and the site divides profits equally. Maybe you should open a casino if you looking for such high profits.
legendary
Activity: 1400
Merit: 1009
November 05, 2016, 01:49:43 PM
#47
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 ?

I think investing in gambling will not make you rich over day.You won't make money like site owners do.But you can See sites overview here at Dicesites.com and invest sites who is profitable for investor at the moment.

It's not a big profit, but decent amount anyway... I invested 0.01 BTC (minimum amount) last week and actually I have about 6000 satoshis profit. It's not much, but if I invested 1 BTC, actually I would have 600K satoshis profit, a good amount for a passive income after 1 week, being a legit and trusted method.
Yes, better than loosing the 0.01 in flash with a risky bet. Please can you share which sites are the best ones for investment, I mean which are trusted also and gives nice share of profit to the investors. I have not been into investment for sometime now and hence very keen to know.
Check this thread(https://bitcointalksearch.org/topic/bitcoin-gambling-investments-1585408), all the info is in there plus you can check the guy's profit stats and invest wisely. Smiley
hero member
Activity: 1148
Merit: 527
November 05, 2016, 01:31:27 PM
#46
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 ?

I think investing in gambling will not make you rich over day.You won't make money like site owners do.But you can See sites overview here at Dicesites.com and invest sites who is profitable for investor at the moment.

It's not a big profit, but decent amount anyway... I invested 0.01 BTC (minimum amount) last week and actually I have about 6000 satoshis profit. It's not much, but if I invested 1 BTC, actually I would have 600K satoshis profit, a good amount for a passive income after 1 week, being a legit and trusted method.
Yes, better than loosing the 0.01 in flash with a risky bet. Please can you share which sites are the best ones for investment, I mean which are trusted also and gives nice share of profit to the investors. I have not been into investment for sometime now and hence very keen to know.
legendary
Activity: 1092
Merit: 1000
November 05, 2016, 01:26:58 PM
#45
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 ?
The risks involved are just two : 1) the house might loose too and  2) The site might scam anytime The profits depend on the site you are investing in, usually the profit expected is wagered amount divided by house edge so in short if a user wagers 1 btc then the site is expected to win 0.01 and hence the investors maybe 0.008 or something.
Yup we can not trust all gambling sites and famous sites also go down at any time. So before investing on any site better check twice that site history. Don't look short time performance look for long time profit. If you find any site they are making long time profit then, invest on that site. I think at present 2 or 3 sites are making a good profit. If you are interested you can invest in those sites.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
November 05, 2016, 11:48:48 AM
#44

The best sites to invest right now I think are moneypot and cryptogames though I do not take any responsibility in case any site scams, because they are good till they are up and running.

Maybe best site is not the right or appropriate term even with that famous gambling platfrom you mentioned since best means has higher chance of getting more and stable profits in a long run. If you will look in their calculation of profits when you invest in their bankroll (if ever there is a present calculation on the site) you will noticed that profits are not that interesting if we cared for a long run profit. Yes house always win but if it's really productive then why we can't see others putting seriousness in that type of method? Meaning it's not that appealing to anybody.

Others can look into risk on investing on gambling sites bankroll and can consider that as a side income although don't expect too much profit even you put some big capital out of it.
hero member
Activity: 882
Merit: 500
November 05, 2016, 11:38:18 AM
#43
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 ?
The risks involved are just two : 1) the house might loose too and  2) The site might scam anytime The profits depend on the site you are investing in, usually the profit expected is wagered amount divided by house edge so in short if a user wagers 1 btc then the site is expected to win 0.01 and hence the investors maybe 0.008 or something.
legendary
Activity: 1232
Merit: 1029
November 05, 2016, 01:09:02 AM
#42
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.
That is why we must invest in site that are in the market for quite a long time and have a clean and trusted history.

The best sites to invest right now I think are moneypot and cryptogames though I do not take any responsibility in case any site scams, because they are good till they are up and running.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 04, 2016, 01:19:16 PM
#41
The biggest risk is a casino running away with your coins, that is why is recommended to invest in several different casinos instead of investing just in one, the other risk is that the earnings can fluctuate wildly since there’s the possibility of a big whale winning big and you could be underwater for months.
There is always a risk in investment, that is why before you try to invest you need to find all the information, investing in casino seems quite promising but you can't expect you will always gain profit, sometimes you can lose your money, and i prefer to invest in casino rather in other investment
Well I did not say it was a bad idea, in fact I like the idea of investing in bitcoin casinos, but I do not have a lot of money, I was just stating that since casinos will have hold over your coins then they can run away with the coins if they fell like it, that is an unlikely possibility but its there.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
November 04, 2016, 01:10:32 PM
#40
Investing in gambling sites can be considered safer than doing gambling however i don't think return over investment is that high in any of those investment on sites bankrolls.
Its more safer that you are gamble it with your own but you should check if what gambling site is giving a good performance, reviews and who already made profit there.. before you invest and experience is the best to know if those site giving you a good profit. if you are not making good profit there you must paused in order to stop losing..
legendary
Activity: 966
Merit: 1006
November 04, 2016, 12:52:52 PM
#39
Investing in gambling sites can be considered safer than doing gambling however i don't think return over investment is that high in any of those investment on sites bankrolls.
legendary
Activity: 1400
Merit: 1009
November 04, 2016, 12:39:40 PM
#38
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 ?
Yes, investing in good stable sites will yield you profit on the long run. but there are chances you might also lose, reasons can be various like site shutting/running away with investors funds or the high rollers bankrupting the casino/site.  profit depends on how much folks lose on a site, it varies.
hero member
Activity: 854
Merit: 500
November 04, 2016, 12:31:06 PM
#37
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 look at the investment return from investing in moneypot you can see some negative return also when few players had won really big amount. Therefore investing in any gambling site bankroll is really risky and this also includes investing in moneypot.

However return is nice and steady for majority of days if there is not a big win but it is not like constant 3-4% daily profit. May be it is around 1% or even less than that daily.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
November 04, 2016, 11:11:01 AM
#36
Only one risk you will face in investing that's lose your money maybe some people has take a profit by invest in gambling sites but the big one is the gambling site owner because they share a little profit to the investor.
hero member
Activity: 2548
Merit: 605
November 04, 2016, 10:53:30 AM
#35
The biggest risk is a casino running away with your coins, that is why is recommended to invest in several different casinos instead of investing just in one, the other risk is that the earnings can fluctuate wildly since there’s the possibility of a big whale winning big and you could be underwater for months.
You are right and investing with several casinos also gives us the ability to determine which one is giving us the best profits, I mean some sites might be getting less wager and so divest your money from there and invest in the one that is active and giving you profit.

But again, the investments made must be made keeping in mind that the sites had a bad history for scamming and whatever you invest make sure you can afford to loose just in case.
legendary
Activity: 1946
Merit: 1007
November 04, 2016, 02:40:51 AM
#34
Check out this thread:

https://bitcointalksearch.org/topic/bitcoin-gambling-investments-1585408

TS made some investments in several bitcoin casinos and is tracking the results and returns. Very informative and gives a good impression over a currently 3 month time period of what to expect.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
November 04, 2016, 01:35:47 AM
#33
When moneypot.com just started, I invested 0.01 when it had a small bankroll, and I gained a decent profit considering I only invested 0.01, hence investing small amounts in small bankroll sites does work, at least in my experience.
You gained a good profit because you had a decent % of the house since the bankroll of moneypot was very little back then.

Wether you invest or not you still cant make a profit in the long run. It is still a gambling even you invest and no one can win the long run in gambling.
Your investing on the house and the house won't lose in the long run unless someones cheating every roll.
Pages:
Jump to: