Losing investment on Gambling sites - page 16.

Mauser

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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.

Zooplus

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Quote from: btcdevil on August 02, 2016, 03:02:05 AM

Investing in gambling site is mostly like playing gambling, difference is in playing gambling you are the full responsible of your profit and loss and in investing, the users who are playing on that site are responsible for your profit and loss. As if any or more users won high and go for withdrawal then that loss will be divided on the investment part, it is right that if you have high investment then you can get back that loss as other users on more time will lose and you will gain back.

They are never the same because in investing you have a good chance to make profit as in general gamblers loses in the long run which makes the house wins all the time, as an investor you are already guaranteed with a profit especially when you are investing in a gambling site that has a huge house advantage.

btcdevil

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Investing in gambling site is mostly like playing gambling, difference is in playing gambling you are the full responsible of your profit and loss and in investing, the users who are playing on that site are responsible for your profit and loss. As if any or more users won high and go for withdrawal then that loss will be divided on the investment part, it is right that if you have high investment then you can get back that loss as other users on more time will lose and you will gain back.

Tanic

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I have never try to invest in gambling sites. Actually I didn't try any investment. But heard that it is good method to make your bitcoins work. Of course there are not profitable gambling sites and after investment of your money you can get in minus. I suggest you to try couple of gambling sites that some people here suggested, I don't say that you have to invest a lot, try with some little money just to try and if you lose it is not gonna be a big lost for you.

mirakal

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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.

yugo23

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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 ^^

teilwalL05

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Quote from: freedomgo on July 31, 2016, 10:05:59 PM

Quote from: teilwalL05 on July 31, 2016, 09:51:49 PM

Quote from: mirakal on July 28, 2016, 09:43:55 AM

Quote from: teilwalL05 on July 28, 2016, 01:39:18 AM

Quote from: 8Habits on July 27, 2016, 06:35:36 AM

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

In overall, that would be our goal to become rich that is why we are doing trading. In trading money is easy because anytime you can trade and with your full knowledge and skills it will help your achieve your goal to make consistent money in doing day trading.

yeah and we will just do here is to monitor our money if the amount of the goods are going up or going down, we all need here is a pure knowledge for us to be successful in trading or investing. And we can use it in our future once our money grows for the next 10 years, and that is true.

Our chances is great because we are here in the crypto world where we are given a chance to prove ourselves by risking our own money, when trading the experience is always a best teacher as no one start in trading for the first time that has been automatically become successful.

That's true, experience is our best teacher nowadays, and we can also learn from our mistakes to make it right in the future someday. And gambling is not one of the things that we can lean in a long run, unlike investing; we can lean on our profit in our investing today in the near future.

raaajlucky

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Quote from: freedomgo on August 02, 2016, 12:00:27 AM

Quote from: electronicash on August 01, 2016, 11:37:52 PM

Quote from: plpbtc1526 on August 01, 2016, 11:31:29 PM

Start investing in a small amount, so you can study everything before you lose all of it. You can expect to earn instanly because you only have started. Sometimes you are not earn instead you lost a percentage of your investment depend on the risk you choose. Better choose what gambling sites are reputable and trustworthy.

I somehow realize its not really that safe to invest on gambling sites for there are still possibilities that you can't get your money back unlike having invested on coins which its value just gradually diminish. you will still have the chance to withdraw your btc if this is happening.

There is always the risk of losing your money but with care study you can avoid that. In the community, we can always find a gambling site that is trust worthy and this site especially when already established will not just ran away and take your money.

Nothing is easy, If we want to make money, we have to take risk. So in all format of business risk is there. Here if you want to invest means, First choose trusted site and learn about there history. It should be started long back and giving very goos support to customer means your investment will be safe.

Yup this is only i am going to tell. If the sites is running from yers back. They will not cheat us easily. Because of low amont they will not take this much risk. So find good site and invest.

freedomgo

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Quote from: electronicash on August 01, 2016, 11:37:52 PM

Quote from: plpbtc1526 on August 01, 2016, 11:31:29 PM

Start investing in a small amount, so you can study everything before you lose all of it. You can expect to earn instanly because you only have started. Sometimes you are not earn instead you lost a percentage of your investment depend on the risk you choose. Better choose what gambling sites are reputable and trustworthy.

I somehow realize its not really that safe to invest on gambling sites for there are still possibilities that you can't get your money back unlike having invested on coins which its value just gradually diminish. you will still have the chance to withdraw your btc if this is happening.

There is always the risk of losing your money but with care study you can avoid that. In the community, we can always find a gambling site that is trust worthy and this site especially when already established will not just ran away and take your money.

electronicash

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Quote from: plpbtc1526 on August 01, 2016, 11:31:29 PM

Start investing in a small amount, so you can study everything before you lose all of it. You can expect to earn instanly because you only have started. Sometimes you are not earn instead you lost a percentage of your investment depend on the risk you choose. Better choose what gambling sites are reputable and trustworthy.

I somehow realize its not really that safe to invest on gambling sites for there are still possibilities that you can't get your money back unlike having invested on coins which its value just gradually diminish. you will still have the chance to withdraw your btc if this is happening.

plpbtc1526

member

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Start investing in a small amount, so you can study everything before you lose all of it. You can expect to earn instanly because you only have started. Sometimes you are not earn instead you lost a percentage of your investment depend on the risk you choose. Better choose what gambling sites are reputable and trustworthy.

dodgrad

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Activity: 1067

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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.

I fully support! But which of the available casinos are reliable? Still there is something that makes reliable casino not trustable! Where to invest? Where to play?
I play few years, and i still didn't found fully trustable casino! If anyone know, please let me know!

hatshepsut93

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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.

freedomgo

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Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: teilwalL05 on July 31, 2016, 09:51:49 PM

Quote from: mirakal on July 28, 2016, 09:43:55 AM

Quote from: teilwalL05 on July 28, 2016, 01:39:18 AM

Quote from: 8Habits on July 27, 2016, 06:35:36 AM

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

In overall, that would be our goal to become rich that is why we are doing trading. In trading money is easy because anytime you can trade and with your full knowledge and skills it will help your achieve your goal to make consistent money in doing day trading.

yeah and we will just do here is to monitor our money if the amount of the goods are going up or going down, we all need here is a pure knowledge for us to be successful in trading or investing. And we can use it in our future once our money grows for the next 10 years, and that is true.

Our chances is great because we are here in the crypto world where we are given a chance to prove ourselves by risking our own money, when trading the experience is always a best teacher as no one start in trading for the first time that has been automatically become successful.

teilwalL05

hero member

Activity: 980

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Quote from: mirakal on July 28, 2016, 09:43:55 AM

Quote from: teilwalL05 on July 28, 2016, 01:39:18 AM

Quote from: 8Habits on July 27, 2016, 06:35:36 AM

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

In overall, that would be our goal to become rich that is why we are doing trading. In trading money is easy because anytime you can trade and with your full knowledge and skills it will help your achieve your goal to make consistent money in doing day trading.

yeah and we will just do here is to monitor our money if the amount of the goods are going up or going down, we all need here is a pure knowledge for us to be successful in trading or investing. And we can use it in our future once our money grows for the next 10 years, and that is true.

fullypak

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Quote from: ?? on ??

There is always a big risk of losing investment when we talk about gambling sites. Because you cant know how they spend your money and they can write fake result of they work

That's why before investing on any casino sites you shouldn't put money on any new sites but should find an old and trusted sites. And also to reduce risks further, you can diversify your investment on casinos sites. All these investments are high risk and high profitable investments so if you can't take those risks than better don't invest.

buddu

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Almost every gambling site which has traffic and players is in profit that's why they are still online. There are some high risks of investing in newly launched gambling sites. I don't think there is any gambling which has stated clearly word guaranteed profit because there are possibilities for short period to be any site in losses. When we say all sites make money that is for overall or long term based statistics. You should be aware of the fact of loosing as well.

CroSany

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New cripto when you lose some money in gambling site when you invest do you like example increase next investement for 20% or you 100% have some good strategy to earn with thoss investments.

mirakal

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Quote from: gtglener on July 31, 2016, 04:56:51 AM

Quote from: upsidedown75 on July 29, 2016, 02:02:12 AM

Quote from: razdva on July 28, 2016, 10:34:44 AM

Investing on gambling sites I think is not appropriate because it very difficult to make a profit. I will actually DON'T invest in gambling

I really want to ask a serious question, how do you even invest in gambling sites though? I mean, I really have no idea. I know about investing in stocks or even in cloud mining. Investing in gambling site is about the same as any of these two? Because all the investments are risk associated. I guess, no exception for that even with gambling sites.

Recently I have studied about LIR and about their investment I have found that they have their own coin and people are putting their money into this coin and they are earning from there much faster and they also have an option to invest in there site and there they pay a dividend of the profit of there they get. Investing in coin is much better as I am seeing the coin has a bigger fluctuations within the week.

Well, that is just normal man because the amount they generated during the ICO is not really that big and LIR is still under development now so anything could happen, but I really believe the project is good so if you have a little amount for investment maybe you should also jump with them.

gtglener

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Quote from: upsidedown75 on July 29, 2016, 02:02:12 AM

Quote from: razdva on July 28, 2016, 10:34:44 AM

Investing on gambling sites I think is not appropriate because it very difficult to make a profit. I will actually DON'T invest in gambling

I really want to ask a serious question, how do you even invest in gambling sites though? I mean, I really have no idea. I know about investing in stocks or even in cloud mining. Investing in gambling site is about the same as any of these two? Because all the investments are risk associated. I guess, no exception for that even with gambling sites.

Recently I have studied about LIR and about their investment I have found that they have their own coin and people are putting their money into this coin and they are earning from there much faster and they also have an option to invest in there site and there they pay a dividend of the profit of there they get. Investing in coin is much better as I am seeing the coin has a bigger fluctuations within the week.

Topic: Losing investment on Gambling sites - page 16. (Read 14276 times)