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Topic: Is it profitable to invest in betting sites? - page 11. (Read 6922 times)

sr. member
Activity: 299
Merit: 250
I tried it.. Even returns are also very low.. No use...
sr. member
Activity: 364
Merit: 250
I just think to invest should the trading site, but to invest in the betting site I think it would have little benefit and risk are great Smiley
the risks are great if you invest into hyip ponzis that say that they are trading websites and usually scam people, i would definitely avoid it at any costs
those arent gambling sites though, those are ponzis, and "investing" into one of those sites is a risk of itself. there is just no way that a ponzi scheme is sustainable in the long run, and its almost a guarantee that the owner will run with all deposits once it starts becoming unsustainable.
legendary
Activity: 2436
Merit: 1804
guess who's back
investing is for sure way better than playing , you have the edge so mathematically you are doing a good thing
but if you can something better with the money then go for it , you should keep searching for the best opportunity and the higher edge
for example if you are a good trader then it would be better to use the money for trading instead of gambling or investing in a gambling site
cause usually a good trader has more than 1% edge
legendary
Activity: 1078
Merit: 1000
i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

Surely investing on casino's bankroll is quite safer than gambling but finding a more reliable casino to invest is very hard part. Also one shouldn't put all there money in single site, you should diversify your investments to reduce loses in case casino scam.

Yeah it is true but nowadays there are so many gambling site that you can invest which is trustable too like moneypot, bitvest, justdice and betking. These are all of trustable site that I know which is many people already getting profit with it but much profit or not still depends on how much money that you put into one investment
member
Activity: 84
Merit: 10
I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.



i invested some money in a gambling site in the past and managed to win 50% from my base bankroll. too big isn't it? its because the site is just started and im one of the early investors there so i covered a big part of the site's bankroll in that time

sounds good, 50% is really good profit in investment. (but how long is take?) 

just wondering normally what is the min. need to be invested?
and is it all sites are welcomed for investor? you need to ask them by your own or they will show it on their site?
hero member
Activity: 504
Merit: 500
I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.



i invested some money in a gambling site in the past and managed to win 50% from my base bankroll. too big isn't it? its because the site is just started and im one of the early investors there so i covered a big part of the site's bankroll in that time
member
Activity: 84
Merit: 10
I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.

legendary
Activity: 2982
Merit: 1485
I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

It's not profitable. Don't invest any site, you probably end up losing all your investment coins. Either play for your own joy or save your coins for bigger Bitcoin prices. Don't gamble too much with your coins, Bitcoin will make bigger highs. You'll regret then if you lose your coins.
sr. member
Activity: 412
Merit: 251
Investing in a casino basically puts you on the same side of the house. The house edge provides +EV for you, so on average, you'll make profit. But the house edge doesn't protect you from people being exceptionally lucky, or even the casino's faults, for example being hacked. But overall it is profitable.
hero member
Activity: 910
Merit: 1000
i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

Surely investing on casino's bankroll is quite safer than gambling but finding a more reliable casino to invest is very hard part. Also one shouldn't put all there money in single site, you should diversify your investments to reduce loses in case casino scam.
sr. member
Activity: 448
Merit: 250
i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.
hero member
Activity: 924
Merit: 1001
I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

You can make the "bank" with betfair.com but if you want win a profit stable/sure/unrisky you need to place a good amount of cash.
And need a good connection wifii + 3G , 2 software (buy license), pay SAT for tv and so on.

Or you can find a betting site that accept itself an investment.
I don't know if it's possible but could be interesting as well.

sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
of course it is profitable to invest into gambling websites, even though they make you really small profits its still better than letting your money to sit and not earn you anything
hero member
Activity: 658
Merit: 500
most probably it is profitable but i have never tried doing that, i was thinking about investing into the just-dice website but i have never did that, i think i will check that out one day to make some profit
hero member
Activity: 658
Merit: 500
I just think to invest should the trading site, but to invest in the betting site I think it would have little benefit and risk are great Smiley
the risks are great if you invest into hyip ponzis that say that they are trading websites and usually scam people, i would definitely avoid it at any costs
legendary
Activity: 2156
Merit: 1082
can is more profitable, but in long time and with bitcoin gambling long time not is the maximum, because more site can close and scam alla investor (i remember 2-3 famous dice close).
Generally, i invest to 5 different dice site, if 1 close, i don't lose all my money
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
I just think to invest should the trading site, but to invest in the betting site I think it would have little benefit and risk are great Smiley
full member
Activity: 140
Merit: 100
Another thing which is risky is that a government could shut them down if they're operating illegally in a country which would be an unforseen event. With that said thanks for sharing moneypot. I made a similar topic a few weeks ago and don't think anyone mentioned the site. So, far it's been easy to create an account and invest a small amount of bits in!
full member
Activity: 196
Merit: 100
I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?
Hmm,
Profitable:Betting/gambling yourself
Less risky:Investing
Now it depends on you what you want to do.Investing is obviously less risky but less profit too and betting yourself have more profit with more risky.I would say,you can lose money both ways so why not take a risk to gamble in hope of getting good profit? Wink
klf
legendary
Activity: 1344
Merit: 1000
Investing is probably the better option, though both are risky. Depends on if you want longer term profit or short term,

Yes both are risky but gambling is rather too much risky. Basically with investing you are playing against users and I never seen a site going in loss, so how can a investor go in loss ? Yeah , maybe slow or less but there are little assurance for some profits.


Another risk could be site may scam people so one should find more reliable sites to invest. Finding good sites is a challenging in investing otherwise it is more safer than gambling. In gambling mostly all of us will lose if we gambler for long time.
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