Losing investment on Gambling sites - page 15.

bittraffic

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Quote from: Zooplus on August 04, 2016, 01:48:55 AM

Quote from: BitcoinPC on August 04, 2016, 12:09:17 AM

Quote from: Mauser on August 02, 2016, 04:21:46 AM

Quote from: hatshepsut93 on August 01, 2016, 01:04:45 AM

One big thing you should worry when investing in casino is fake winnings. Owners of casino can just pose as players to steal investors funds. They can either make a big win (a huge chunk of a bankroll at once) or just make small fake wins each month, keeping you in profit, but less than you deserve.

Invest only in gambling sites with perfect reputation.

Yeah after the recent Cs Go gambling site scandals the same could be the case in bitcoin casinos. Owner of these sites could just play themselfes to take money out of the sites and all investors would need to cover it.

Just make sure the site is actively used before investing it.

Yeah, not only gambling sites, also different sites are fake, so i suggest whenever we want to invest so firstly you should have the satisfaction about sites than invest it, i never say that all sites are fake but mostly are fake and some sites are really good sites and they are giving very good paying. But in gambling, i think more opportunities are here to earn the profit.

It is easy to spot a fake site because the offers are too good to be true like HYIP, and PONZIs as they called it. However, in gambling site there are still scam site but there are more legitimate site so you need to consider in your investment the factor that before you put your money make sure the site is operating in a longer time already.

As an investor myself, I have invested on Video Game Stocks for sometimes like Activision Blizzard and some like Electronic Arts (EA) but not gambling sites so fake issue isn't a problem but on here in bitcoin. I don't see these gambling sites however on stock market but only here on bitcointalk.

ponzi are easy to spot but the legit it isn't though, they all look ponzi actually even coins get to become ponzi.

trickshot22

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Quote from: mirakal on August 02, 2016, 08:57:00 PM

Quote from: cryptosdice on August 02, 2016, 06:36:57 AM

You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

How can you be sure that they will be here for a long run, that is the promises of most new gambling sites but trust is earned in this kind of venture and that is the most important element for a successful gambling business.

its just because it seems that this website is his so he just promote it, it is really easy to lose an investment on a gambling scam if they turn to a scam

rickadone

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Quote from: adaseb on August 02, 2016, 04:32:08 AM

Well that's generally the way it is.

The only casinos that allow investments are the new ones just starting out because they have a lack of capital. So if the site survives and doesn't get taken out by a whale you can make a very good ROI.

However most of the well and established ones that have large bankrolls don't want your investments. Those would be the least risk ones.

Yes, you are right and the only investment that we make are into the sites that are very new and almost 50% of them are intended to scam once they get some huge bankroll from users. I think better than investing is to gamble for this kind of reason. But, selecting your investment gambling site after a long researches might give long term good results.

Zooplus

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Quote from: BitcoinPC on August 04, 2016, 12:09:17 AM

Quote from: Mauser on August 02, 2016, 04:21:46 AM

Quote from: hatshepsut93 on August 01, 2016, 01:04:45 AM

One big thing you should worry when investing in casino is fake winnings. Owners of casino can just pose as players to steal investors funds. They can either make a big win (a huge chunk of a bankroll at once) or just make small fake wins each month, keeping you in profit, but less than you deserve.

Invest only in gambling sites with perfect reputation.

Yeah after the recent Cs Go gambling site scandals the same could be the case in bitcoin casinos. Owner of these sites could just play themselfes to take money out of the sites and all investors would need to cover it.

Just make sure the site is actively used before investing it.

Yeah, not only gambling sites, also different sites are fake, so i suggest whenever we want to invest so firstly you should have the satisfaction about sites than invest it, i never say that all sites are fake but mostly are fake and some sites are really good sites and they are giving very good paying. But in gambling, i think more opportunities are here to earn the profit.

It is easy to spot a fake site because the offers are too good to be true like HYIP, and PONZIs as they called it. However, in gambling site there are still scam site but there are more legitimate site so you need to consider in your investment the factor that before you put your money make sure the site is operating in a longer time already.

BitcoinPC

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Quote from: Mauser on August 02, 2016, 04:21:46 AM

Quote from: hatshepsut93 on August 01, 2016, 01:04:45 AM

One big thing you should worry when investing in casino is fake winnings. Owners of casino can just pose as players to steal investors funds. They can either make a big win (a huge chunk of a bankroll at once) or just make small fake wins each month, keeping you in profit, but less than you deserve.

Invest only in gambling sites with perfect reputation.

Yeah after the recent Cs Go gambling site scandals the same could be the case in bitcoin casinos. Owner of these sites could just play themselfes to take money out of the sites and all investors would need to cover it.

Just make sure the site is actively used before investing it.

Yeah, not only gambling sites, also different sites are fake, so i suggest whenever we want to invest so firstly you should have the satisfaction about sites than invest it, i never say that all sites are fake but mostly are fake and some sites are really good sites and they are giving very good paying. But in gambling, i think more opportunities are here to earn the profit.

buyinbtc

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Quote from: Doamader on August 03, 2016, 06:35:39 AM

Quote from: bbc.reporter on August 03, 2016, 01:27:53 AM

Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

That a hard question to reply as its always at costumers hands and not the casino itself, but would be great to know a timeline about the roi soo investment could be done without taking a huge risk.

investing makes up huge risks to be honest, in my opinion it is better not to invest your bitcoins because the website might run away with bitcoins

hua_hui

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Quote from: SirLancelot on August 03, 2016, 03:03:05 PM

Quote from: bbc.reporter on August 03, 2016, 01:27:53 AM

Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

You can invest as small as 0.01 but that many are not good for investing. You can divest ( which you asked as " how many days after we can cashout " is known as divest ) anytime in most sites but don't know about crypto-games.

It is a common misunderstanding that it is not wise to invest if the amount is small. Most of the sites dont charge fees for investing or divesting. And you earn a proportion according to the bankroll. That means if the profit is up 100%, regardless of how many you invest, you will gain about 100%. So if you have 1btc, you gain another btc. If you have 0.01btc, you will have another 0.1btc. The amount is small but it is scare proportionally.

SirLancelot

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Quote from: bbc.reporter on August 03, 2016, 01:27:53 AM

Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

You can invest as small as 0.01 but that many are not good for investing. You can divest ( which you asked as " how many days after we can cashout " is known as divest ) anytime in most sites but don't know about crypto-games.

Bitcoinsummoner

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Quote from: Doamader on August 03, 2016, 06:35:39 AM

Quote from: bbc.reporter on August 03, 2016, 01:27:53 AM

Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

That a hard question to reply as its always at costumers hands and not the casino itself, but would be great to know a timeline about the roi soo investment could be done without taking a huge risk.

Yeah we dont know what will be the roi its always depends how house lose or win in the game..
Its better to try it with your self actually to experience it..

wuvdoll

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Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

Once I visited crypto-games and I was worried to invest and play after seeing something which was : A user was abusing in chat which is for sure not acceptable but what the site admin did was even horrible, he freezed his balance.

So, I think someday if I loose too much maybe I am upet and say a few words and then bang lol so I stop playing there. Not sure if it was cryptogames but I am 99% sure.

Doamader

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Quote from: bbc.reporter on August 03, 2016, 01:27:53 AM

Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

That a hard question to reply as its always at costumers hands and not the casino itself, but would be great to know a timeline about the roi soo investment could be done without taking a huge risk.

teilwalL05

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Quote from: mirakal on August 02, 2016, 01:58:21 AM

Quote from: yugo23 on August 02, 2016, 01:25:06 AM

Never lost money when investing in gambling sites.

Technically, unless the site robbs you or get hacked, you can't statistically lose anything you know ^^

That's the worst possibility to happen because we don't know the site owners, the only thing we have with our investment is just the word "TRUST", and sites do need that too because without it gamblers will not patronize and our investment will not profit that would lead to the owner to scam the investors due to the losing operation.

Of course nowadays it is now easy to search of a company or even a gambling site, so I think if you have a doubt in a gambling site make sure to ask first in google if that gambling site is legit or else you will lose your money that you will put on it.

freedomgo

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Quote from: Capradina on August 03, 2016, 01:48:04 AM

Quote from: cryptosdice on August 02, 2016, 06:36:57 AM

You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

Wow, very unusual. If you can guarantee that if your site is going to last a long time and will not cause a problem ..?? . Because I see that the maximum gambling sites will last 10 years and it was a defense that is done is absolutely amazing. So if you can give a reason why your site is going to last a long time ..?? . I hope you can better improve your security system in order not to cause trouble that could destroy your site

Well, in investing in gambling does not really mean that we can easily make profit even though in overall the gambling industry is so profitable, we should still consider one of the most important factor which is to determine the reliability of a certain gambling site, our investment should be base on the trust rating of a site and not only on its profitability.

Capradina

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Quote from: cryptosdice on August 02, 2016, 06:36:57 AM

You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

Wow, very unusual. If you can guarantee that if your site is going to last a long time and will not cause a problem ..?? . Because I see that the maximum gambling sites will last 10 years and it was a defense that is done is absolutely amazing. So if you can give a reason why your site is going to last a long time ..?? . I hope you can better improve your security system in order not to cause trouble that could destroy your site

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Quote from: BitcoinSupremo on August 03, 2016, 01:01:25 AM

I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

This sounds good. I want to ask how much will an investment of .01 BTC earn in a year? How long should your bitcoins must be invested before you are allowed to get them back?

BitcoinSupremo

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I would only invest in a site with a very much reputable history. That being said one such site for me is Crypto-Games.net as this site was accepting Ethereum since 2014 from what I have seen in their advertising. Now they are accepting beside bitcoin even different altcoins. This add to their balance as not all users have only bitcoin, some of them may have ethereum. This site can even let you invest only 0.01 btc as a minimum.
There are a few other sites which accepts investments too.

roadbits

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Quote from: mirakal on August 02, 2016, 08:57:00 PM

Quote from: cryptosdice on August 02, 2016, 06:36:57 AM

You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

How can you be sure that they will be here for a long run, that is the promises of most new gambling sites but trust is earned in this kind of venture and that is the most important element for a successful gambling business.

Yup, we will not believe Long running site quickly, So how can we trust this new site. So my suggestion is if the profit is low also no problem go with the trustworthy site. There you will not get a big profit, but your investment will be safe.

mirakal

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Quote from: cryptosdice on August 02, 2016, 06:36:57 AM

You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

How can you be sure that they will be here for a long run, that is the promises of most new gambling sites but trust is earned in this kind of venture and that is the most important element for a successful gambling business.

cryptosdice

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You can invests BTC and 40+ cryptocurrencies in this site: www.cryptosdice.com, It is new, but is here for the long run!

adaseb

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Well that's generally the way it is.

The only casinos that allow investments are the new ones just starting out because they have a lack of capital. So if the site survives and doesn't get taken out by a whale you can make a very good ROI.

However most of the well and established ones that have large bankrolls don't want your investments. Those would be the least risk ones.

Topic: Losing investment on Gambling sites - page 15. (Read 14276 times)