Is it profitable to invest in betting sites? - page 14.

fullypak

legendary

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Quote from: DarkStar_ on January 09, 2016, 08:24:46 PM

Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.

But if you diversify you're investment than you can reduce you're loses in case of any scam happened. Investing you got more chances of making money from gambling but it takes lot of time. So you need to find few good sites to diversify you're investment. In gambling you will get entertainment but winning chances are quite less.

Falconer

legendary

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Quote from: DarkStar_ on January 09, 2016, 08:24:46 PM

Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.

There is no way that you could all your investment if whale gets lucky. All gambling sites have maximum profit that someone can win so even if someone keep on getting lucky , at most you will lose a lot percentage but not everything besides that you are going to win in long term since it has house edge

DarkStar_

legendary

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Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.

michinzx

sr. member

Activity: 364

Merit: 250

of course it's profitable, casinos are businesses designed to make money, and investing in a casino lets you in on some of the profit. sure, there might be some risk with lucky winners, but in general, you will profit with the house edge advantage without having to do anything.

2legit2

sr. member

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it is possible to invest into some of the dice gambling games such as just-dice, in my opinion its better not to invest because it will not make a lot of money, but its your choice

socks435

legendary

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Privacy is always important

Its not profitable for me and it will take it risk or it will end in to scam..

takingthis4

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CryptoTalk.Org - Get Paid for every Post!

it is actually profitable to invest but there is a small risk that the game might turn to a scam and lose all the money you invest into it, just invest what you can afford to loose and thats it

Dannie

legendary

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Quote from: maku on January 09, 2016, 02:08:01 PM

The best is to create gambling investment yourself. Create Casino, Dice or some good gambling site that will bring you ROI. Other that than I am skeptical in investing in bankroll of some casinos.

Creating a good gambling site is never a easy task. It takes a lot of time and money to code, promote and maintain your site before you can build a stable customer base. Finding a site already in that stage and investing in it is very simple on the other hand and a lot more feasible.

edmundduke

legendary

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Quote from: spiritual3 on January 09, 2016, 01:12:21 PM

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

Investing is profitable, if it wasnt, people would not invest. I have been investing for a while on a few sites (nothing big) but the overall is positive for me. The HE is there for a reason, and that is to make sure that over a longer time the investors stay in profit. Good example is CLAM, it also gives stake rewards so benefits of staking and investing.

maku

legendary

Activity: 1288

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The best is to create gambling investment yourself. Create Casino, Dice or some good gambling site that will bring you ROI. Other that than I am skeptical in investing in bankroll of some casinos.
I would rather arbitrage trade bitcoin or altcoin than invest in random casino. I don't like to mix entertainment and work as I only gamble my money away in standard way - by being patron of some good casino.

elm

legendary

Activity: 1050

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Quote from: spiritual3 on January 09, 2016, 01:12:21 PM

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

are you to lazy to use the search option? this was discussed already and was a nice signature show off party. or do you wanna initiate another signature party?

EngiNerd

full member

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Quote from: jacee on January 09, 2016, 01:17:40 PM

Boh has risk but I think you got a higher chance of getting a profit if you invest in them. If you are planning to find a really good and popular gambling site tho. I have hear moneypot is a good investment before bu now that it is under new manangement I don't know if it is still good to invest on them.

I still think MoneyPot is a great investment. I reinvested right after the ownership officially changed, and my deposit is up ~9%* in a couple of weeks.

* Your results may vary. With a house edge, your investment will profit in the long term, but you may experience +/- fluctuations in the short term.

pinoycash

hero member

Activity: 1316

Merit: 514

Quote from: spiritual3 on January 09, 2016, 01:12:21 PM

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

Both carry the same risk, but playing/betting has greater odds IMO, + the entertainment it will bring to you.

jacee

legendary

Activity: 1302

Merit: 1025

Boh has risk but I think you got a higher chance of getting a profit if you invest in them. If you are planning to find a really good and popular gambling site tho. I have hear moneypot is a good investment before bu now that it is under new manangement I don't know if it is still good to invest on them.

spiritual3

sr. member

Activity: 299

Merit: 250

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

Topic: Is it profitable to invest in betting sites? - page 14. (Read 6922 times)