Is it profitable to invest in betting sites? - page 3.

cjmoles

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Quote from: Sinecoin on January 23, 2016, 08:59:21 PM

Quote from: WEBcreator on January 23, 2016, 08:38:04 PM

Quote from: MTBTT on January 23, 2016, 08:18:06 PM

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.

phreaky

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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.

auswalk

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Factors:

1. Trust in the site and how well it's run.
2. The investment terms - i.e what % of the profits do you get. I find it's around 50%, rest goes to the house and they don't eat any loses.

So a low volume site you could win just as easily as you could lose, but your reward % is much greater as is your potential loss %. A high volume site you should see steady profits, low variance.

raaajlucky

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Quote from: shulio on January 23, 2016, 10:30:23 PM

Quote from: klf on January 23, 2016, 09:46:23 PM

In any good investment programs you will not see any increase in your profits within two days time

Investment in a gambling site is very different than any other investment. You could get alot within two days if there are alot of loser within that or even lose alot if there are some lucky winners on the site so it totally depends on the variance but in long term people always get money by investing in a gambling site

I don't think so because investors profit portion will be quite less compared to site profit so we need more time.

shulio

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Quote from: klf on January 23, 2016, 09:46:23 PM

In any good investment programs you will not see any increase in your profits within two days time

Investment in a gambling site is very different than any other investment. You could get alot within two days if there are alot of loser within that or even lose alot if there are some lucky winners on the site so it totally depends on the variance but in long term people always get money by investing in a gambling site

diodio5

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Quote from: Epicnicity on January 23, 2016, 10:08:49 AM

I think investing in a casino will be more profitable than gambling yourself.
Make sure you do your research before investing into anything.

investment in gambling such as investment in altcoin, where the value of our bitcoin or balance can be reduced, and I think you should invest in a large gambling sites or sites that are popular, it will accelerate your profits

klf

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Quote from: MTBTT on January 23, 2016, 08:18:06 PM

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

In any good investment programs you will not see any increase in your profits within two days time because they are real business and real business need a time to grow. Unless if you invest in hyip programs they will give fast profits and also very fastly they will close there site also. So you should have a patience to grow your real investments.

Sinecoin

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Quote from: WEBcreator on January 23, 2016, 08:38:04 PM

Quote from: MTBTT on January 23, 2016, 08:18:06 PM

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?

WEBcreator

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Quote from: MTBTT on January 23, 2016, 08:18:06 PM

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

phreaky

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Quote from: -Tx-Rider on January 23, 2016, 08:15:29 PM

I've actually never really made a thought about this subject. Surely, you could make your money back with profit investing in major betting sites - but wouldn't that require huge funds? I don't think I've ever seen a betting site have stocks. Maybe you should find some kind of studies/report on the betting world, especially about online betting, and see if it is profitable to invest in.

I haven't heard about it honestly. Which makes it either very shady or it could be a good investment opportunity.
Since it deals with online betting sites, which are in general quite shady, i would go for the latter.

MTBTT

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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

-Tx-Rider

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I've actually never really made a thought about this subject. Surely, you could make your money back with profit investing in major betting sites - but wouldn't that require huge funds? I don't think I've ever seen a betting site have stocks. Maybe you should find some kind of studies/report on the betting world, especially about online betting, and see if it is profitable to invest in.

WEBcreator

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Quote from: Kevin77 on January 23, 2016, 11:27:51 AM

if someday user gets lucky you can even loose your money and its not just a win-win case all the time.

Average return of investment in a gambling sites is always the same or almost the same with the house edge so it doesnt matter if a user or two gets lucky with the site since the other player will lose as well. Combined to that who lost and those who win there will be always more loser then a winner in a gambling site

GannickusX

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Quote from: Epicnicity on January 23, 2016, 10:08:49 AM

I think investing in a casino will be more profitable than gambling yourself.
Make sure you do your research before investing into anything.

You don't have to think, it's the truth, numbers don't lie, when you invest you have good odds so in the long term you will be winning, gambling yourself is obviously a worse choice.

Kevin77

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Quote from: pearnapple on January 22, 2016, 01:08:03 PM

it should be pretty profitable as you invest your money into a casino that makes money all the time from players losing their money, i guess its a good thing to invest as it might bring you profit

Yes right but we must understand another view of this invest thing in dice sites ! There is a edge with which all fights and if someday user gets lucky you can even loose your money and its not just a win-win case all the time.

Alvin Fahriza

sr. member

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Investing is possible to give profit to investor, i think that's because house edge on every sites gambling better than we gambling we'll lose it as soon as possible

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Epicnicity

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I think investing in a casino will be more profitable than gambling yourself.
Make sure you do your research before investing into anything.

Mars110

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Quote from: raaajlucky on January 23, 2016, 09:23:02 AM

Investing in casinos are more safer way to make money than gambling but it takes quite some time to see the results.

You're absolutely right. But it also can sometimes result in large losses due to the sometimes everyone obsessed to get the victory. Every investment is the same, depending on how we want to pick the investments. If you want to get a fixed and stable profit investment on gambling sites. And if it is to the advantage of unstable and erratic Please invest in gambling

Astargath

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Quote from: shulio on January 22, 2016, 07:44:10 PM

Quote from: maku on January 22, 2016, 01:43:11 PM

It is not like House always win. I've seen some aspiring new casinos gone bankrupt because couple lucky patrons killed casino's funds. Casino bankruptcy certainly can happen.

There are no casino that has been bankrupted yet if all players dont cheat the game. There are house edge to safe guard the casino so it wont fail in long term and will keep on generating profit. The only thing that you can do to make a casino bankrupt is either to steal (hack) or find some exploit to empty the bankroll

You don't know shit. Casinos can go bankrupt like everything else, house edge does not mean the casino will win 100% of the times. A new casino can go bankrupt if he doesn't know how to manage his bankroll by limiting bets but as long as a casino knows what limits to put they will be safe.

raaajlucky

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Investing in casinos are more safer way to make money than gambling but it takes quite some time to see the results.

Topic: Is it profitable to invest in betting sites? - page 3. (Read 6922 times)