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Topic: Is it profitable to invest in betting sites? - page 2. (Read 6922 times)

sr. member
Activity: 434
Merit: 250
Its pretty profitable but also pretty risky, because you can not predict that the website will gain a lot of profit.
We will see what happens of course in the future with the websites but its mostly a matter of time till you can see it.
legendary
Activity: 924
Merit: 1002
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.

how much is the minimum amount to get involve and invest to gambling sites?
i only have few coins, i'm hoping to make it grow without much risk.

You have to check Casino where you want to invest to, there could be some limitations. In regards of choosing good Casino, I would advice to check Casino with good reputation and big bankroll if you do not want to take bigger risk. If you invest small amount your earning will be small too.
hero member
Activity: 560
Merit: 501
Yeah, it is definetly more profitable than betting on betting sites:D
legendary
Activity: 1078
Merit: 1000
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling

But investing is quite safer than gambling because in gambling if you lose, all your money gone at once but in investing you will still get some time to withdraw partial amount of your investments. To reduce these kind of loses, we should find few good sites to invest our money.

I think he just told you that and you just repeat what he said before. Anyway there is always a good site and never have a bad site unless the site is scam site, investment site that you need to choose is a site that really have small bankroll so you will get more profit rather than huge bankroll because a little bankroll that particular site has then the payout is greater but for huge bankroll they need to diversify it to everyone so your payout is smaller
hero member
Activity: 532
Merit: 500
[quote
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling

But investing is quite safer than gambling because in gambling if you lose, all your money gone at once but in investing you will still get some time to withdraw partial amount of your investments. To reduce these kind of loses, we should find few good sites to invest our money.

Thats what I totally said, it is a safer form of gambling and that is for sure what it is. You are rewriting my opinion in a different words actually besides the diversity and of course unless you support atleast a percentage of the site's bankroll then there is no reason to invest otherwise you will get almost anything

In casino investments, investors profits grow very slow and it got a lot of risk. Diversifying may reduce to loses but growth will be slow.
legendary
Activity: 3178
Merit: 1054
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.

how much is the minimum amount to get involve and invest to gambling sites?
i only have few coins, i'm hoping to make it grow without much risk.
legendary
Activity: 1064
Merit: 1000
[quote
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling

But investing is quite safer than gambling because in gambling if you lose, all your money gone at once but in investing you will still get some time to withdraw partial amount of your investments. To reduce these kind of loses, we should find few good sites to invest our money.

Thats what I totally said, it is a safer form of gambling and that is for sure what it is. You are rewriting my opinion in a different words actually besides the diversity and of course unless you support atleast a percentage of the site's bankroll then there is no reason to invest otherwise you will get almost anything
sr. member
Activity: 462
Merit: 250
maybe investing is a little safer than gambling because you will lose some % when other win and you will win if other lose :p
hero member
Activity: 910
Merit: 1000
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling

But investing is quite safer than gambling because in gambling if you lose, all your money gone at once but in investing you will still get some time to withdraw partial amount of your investments. To reduce these kind of loses, we should find few good sites to invest our money.
klf
legendary
Activity: 1344
Merit: 1000
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

All these casino investments are high risk and high return games so instead of putting all your money in just one site, try to find few good sites to diversify your investments and reduce your loses worst case. If some one win big money than our investments will reduce drastically and grow slowly in casino investments.
legendary
Activity: 1064
Merit: 1000
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling
full member
Activity: 210
Merit: 100
=> Buying Bitcoins Everyday !
The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.
legendary
Activity: 1540
Merit: 1016
i was heard that there is any gambling website have an investment options but was never see any proof invest in these site is profitable even some people said it is profitable but a bit confused because i don't see any valid proof regarding this

You will believe when you have tried it yourself otherwise you wont. Just like any other investment method, you could always lose alot of, I'll take example of the recent moneypot huge winner which makes the house -29 btc. Alot of people lose money because of this however the house has recovered over 20 btc so in the long term, the house will always win
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
i was heard that there is any gambling website have an investment options but was never see any proof invest in these site is profitable even some people said it is profitable but a bit confused because i don't see any valid proof regarding this
hero member
Activity: 1316
Merit: 514
Yes, Its much more profitable since your investing on the casino house, and the house always wins Smiley
sr. member
Activity: 406
Merit: 250
both are pretty risky, if you have bad luck then invest, if you have goodd  luck then go bet yourself
legendary
Activity: 1120
Merit: 1000
does anyone know who is the new owner of moneypot and how much is was sold for?

You can take a look at https://bitcointalksearch.org/topic/m.13141221 to check the new owners (a team of 6 persons) of moneypot. The bidding price has never been disclosed AFAIK.
full member
Activity: 168
Merit: 100
I've never tried investing in many gambling sites, but never, I once investment in moneypot, within 2 days of my balance has not increased, then I unplug

Moneypot has quite a decent of wagered volume there, before and after the transition to the new owner so there is no way that you have not got any increase or decrease to your investment. The only possible reason is that you are only putting a small amount like 0.01 % so you didnt notice much increase in your investment
does anyone know who is the new owner of moneypot and how much is was sold for?

Dunno...But, they just took a big hit today which is one of the risks.  Investors lost around 30% of their investment.  It happens....some whale came in and started betting all maniac on the plinko site and had a huge payday a few hours ago.  So, house doesn't ALWAYS win.  In the the long run they'll win but it's really not a short term investment opportunity.  You have to go long if you want to invest and make real profit on a gambling site.

Yup, I went from +12% to -17% on MoneyPot. There's a thread about it here: https://bitcointalksearch.org/topic/m.13715571

Variance can be a bitch  Cheesy
legendary
Activity: 1596
Merit: 1011
You can indeed invest there, because you obviously want to win the grand prize. But there is a big risk in fact.
If you lose you will lose all your money and you also want to have. So maybe it makes sense if you have a portion of your money just bet.
because the person who decided to play with gambling is he who has understood the terms, the results and the risks of this game. if we are people who are not sure, I recommend not to play it.
hero member
Activity: 490
Merit: 500
I've never tried investing in many gambling sites, but never, I once investment in moneypot, within 2 days of my balance has not increased, then I unplug

Moneypot has quite a decent of wagered volume there, before and after the transition to the new owner so there is no way that you have not got any increase or decrease to your investment. The only possible reason is that you are only putting a small amount like 0.01 % so you didnt notice much increase in your investment
does anyone know who is the new owner of moneypot and how much is was sold for?

Dunno...But, they just took a big hit today which is one of the risks.  Investors lost around 30% of their investment.  It happens....some whale came in and started betting all maniac on the plinko site and had a huge payday a few hours ago.  So, house doesn't ALWAYS win.  In the the long run they'll win but it's really not a short term investment opportunity.  You have to go long if you want to invest and make real profit on a gambling site.

The biggest downside with bitcoins and bitcoin casinos is that 99% of the times you don't have any security, any Indian kid can make a bitcoin casino, not regulated by anything and run away whenever he wants and 99.9% of the bitcoin casinos are that way
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