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Topic: Losing investment on Gambling sites - page 21. (Read 14276 times)

hero member
Activity: 756
Merit: 501
July 25, 2016, 05:19:07 PM
Well being part of the bankroll you cant loose, as always the house will win. There is only some ways you can loose, the house close doors without refund nobody, the house get attacked by hackers that get the coins and moove them. On the worste thing if no more gamblers make a bet into the house, i dont know the time that can take to roi from an investement made this way.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
July 25, 2016, 05:18:02 PM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

The house can't lose in the long term because of the house edge, but they can lose in short term, if players get lucky and they don't have enough money to support their business. Also they have to invest a lot of money in advertising etc because the competition is huge. So I don't think it's guaranteed profit to invest in gambling sites.
newbie
Activity: 42
Merit: 0
July 25, 2016, 05:02:33 PM
Stocks are a way better and safe investment then gambling. As a matter of fact, there are no real succes stories. of investments in gambling sites.
With stocks you got the security of a big company.

Just asking, surely with stocks you need good knowledge of which stocks to buy, when to buy, when to sell etcetera? And with a gambling site surely you can just read up on which sites take investments, then check which are trustworthy and away you go? I'm genuinely asking, I was under the impression that gambling investment was faster and easier than stocks, but a lot more riskier.

Also, what are returns like on gambling investment? Just out of interest, maybe considering it as a long term thing.
hero member
Activity: 714
Merit: 500
July 25, 2016, 05:00:31 PM
Of all the casinos I have seen there has been only one that does not make a profit and i'm not sure why. Maybe scam or the site just sucks.
If you want to look here is the site

Where is the site?

On a side node i find gambling sites tricky. In a way they are like cloud mining sites from which you never now if they will be there tomorrow.
I rather would buy an average altcoin then to put money into an new gambling site with nothing to show for it.
sr. member
Activity: 448
Merit: 250
July 25, 2016, 02:51:12 PM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

I would rather invest in stocks. Gambling investments are good but require a fairly substantial bankroll. Where is stocks you can start small. You can even invest is some altcoins and get a good return and often double your investment or more.
Stocks are a way better and safe investment then gambling. As a matter of fact, there are no real succes stories. of investments in gambling sites.
With stocks you got the security of a big company.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
July 25, 2016, 01:49:38 PM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

I would rather invest in stocks. Gambling investments are good but require a fairly substantial bankroll. Where is stocks you can start small. You can even invest is some altcoins and get a good return and often double your investment or more.
legendary
Activity: 2436
Merit: 1561
July 25, 2016, 10:44:59 AM
...

Gold, art, collectibles are all stores of wealth. Cars can either be a store of wealth or a depreciating asset, depending on what you're purchasing. Education isn't an investment in the traditional sense. Bitcoin is treated like gold (store of wealth). You do not invest in a store of wealth, you purchase it. You can invest in companies that back them, but that's an entirely separate story. Bonds are generally not seen as investments, either. That'd be like saying a savings account is an investment -- it's not, it's a generally secure store of wealth that can be reasonably expected to curb inflation by a small percentage.

Stocks that give dividends have their prices lowered by the dividend amount once it's announced. If the stock were $1 and is paying out a $0.10 dividend, its price would be naturally lowered to $0.90 to resume the same pricing as before. The vast majority of investors DRIP, so if you're not, it's the same as just selling off x number of a stock that doesn't pay dividends.
That's bullshit and you know it. You're just trying to escape with narrowing definition of "all investments in the world" to certain type of stocks and ...casino bankroll.

I'm not going to sit here explaining basics to you. I have work to do.

OK. Lets not waste each others time, I'm happy to wager BTC1 that I can prove your little theory wrong, trusted escrow to be the judge. Interested? Easy money if you believe in what you wrote.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
July 21, 2016, 05:45:02 AM
Of all the casinos I have seen there has been only one that does not make a profit and i'm not sure why. Maybe scam or the site just sucks.
If you want to look here is the site
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 20, 2016, 09:25:43 PM
Man, I don't know how investing in gambling sites works, if it's profit sharing or whatever.  But if the casino is legitimate and has games that are provably fair, then yes you shouldn't be able to lose in the long run.  The house will eventually always win and you should reap the benefits of that.  Having said that, it seems like a lot of bitcoin businesses are just complete scams, like cloud mining sites.  I would be extremely careful if you're thinking of investing large amounts of money in any of these places.  They might just take your bitcoin and run.

All investments come with some risks hence if we want to grow our money, then we should take some risks. To reduce risks in casino investments, we should diversify our investments on few good casinos instead of just investing all funds in either one or two casinos. Don't ever invest on any new casino sites.
Investing in new casinos is just fine but we need to limit our investment. We have to know first the new casinos and if they have good investment program and we think we can minimize the risk then trying it is good.
legendary
Activity: 1456
Merit: 1005
July 20, 2016, 09:01:17 PM
Man, I don't know how investing in gambling sites works, if it's profit sharing or whatever.  But if the casino is legitimate and has games that are provably fair, then yes you shouldn't be able to lose in the long run.  The house will eventually always win and you should reap the benefits of that.  Having said that, it seems like a lot of bitcoin businesses are just complete scams, like cloud mining sites.  I would be extremely careful if you're thinking of investing large amounts of money in any of these places.  They might just take your bitcoin and run.

All investments come with some risks hence if we want to grow our money, then we should take some risks. To reduce risks in casino investments, we should diversify our investments on few good casinos instead of just investing all funds in either one or two casinos. Don't ever invest on any new casino sites.
legendary
Activity: 1988
Merit: 1007
July 20, 2016, 05:54:27 PM

The math works the same as with any other investment on earth.

Bankroll:

You own 1 BTC. BR is 2 BTC. It doubles. You own 2/4 BTC or 50% still. You cash out earnings, you now own 25%.

Walmart, MCD, (insert company here):

You own 2 shares out of 4. Shares are worth $0.50. Shares double in price. You cash out profit. You now own 25% (as you sold 1/2 of your shares out of 4 and now own 1/4).

This is all basic economics.

Damn lad, you just explained every investment in just 2 sentences, you must be some sort of genius.

Now go on and do the same for non-publicly trading startup, for investing in gold bullion, bonds, investing in art, collectibles, cars, personal education, or...bitcoin. Any investment on earth, right?

Also, you could invest in dividend paying shares and cash them out without affecting your holding and with no need of re-investing. Still the same as investing in BR? Why would you equal profit on players' losses with the value of listed company, rather than its profits?
Also 2, increase in stock price (apart from clear speculation) is a result (or expectation) of growth in sales, or just higher profitability. Smaller slice of bigger cake. Not really the case for investing in bankroll is it?


Gold, art, collectibles are all stores of wealth. Cars can either be a store of wealth or a depreciating asset, depending on what you're purchasing. Education isn't an investment in the traditional sense. Bitcoin is treated like gold (store of wealth). You do not invest in a store of wealth, you purchase it. You can invest in companies that back them, but that's an entirely separate story. Bonds are generally not seen as investments, either. That'd be like saying a savings account is an investment -- it's not, it's a generally secure store of wealth that can be reasonably expected to curb inflation by a small percentage.

Stocks that give dividends have their prices lowered by the dividend amount once it's announced. If the stock were $1 and is paying out a $0.10 dividend, its price would be naturally lowered to $0.90 to resume the same pricing as before. The vast majority of investors DRIP, so if you're not, it's the same as just selling off x number of a stock that doesn't pay dividends.

I'm not going to sit here explaining basics to you. I have work to do.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
July 20, 2016, 05:50:04 PM
Man, I don't know how investing in gambling sites works, if it's profit sharing or whatever.  But if the casino is legitimate and has games that are provably fair, then yes you shouldn't be able to lose in the long run.  The house will eventually always win and you should reap the benefits of that.  Having said that, it seems like a lot of bitcoin businesses are just complete scams, like cloud mining sites.  I would be extremely careful if you're thinking of investing large amounts of money in any of these places.  They might just take your bitcoin and run.
legendary
Activity: 2436
Merit: 1561
July 20, 2016, 05:35:36 PM

The math works the same as with any other investment on earth.

Bankroll:

You own 1 BTC. BR is 2 BTC. It doubles. You own 2/4 BTC or 50% still. You cash out earnings, you now own 25%.

Walmart, MCD, (insert company here):

You own 2 shares out of 4. Shares are worth $0.50. Shares double in price. You cash out profit. You now own 25% (as you sold 1/2 of your shares out of 4 and now own 1/4).

This is all basic economics.

Damn lad, you just explained every investment in just 2 sentences, you must be some sort of genius.

Now go on and do the same for non-publicly trading startup, for investing in gold bullion, bonds, investing in art, collectibles, cars, personal education, or...bitcoin. Any investment on earth, right?

Also, you could invest in dividend paying shares and cash them out without affecting your holding and with no need of re-investing. Still the same as investing in BR? Why would you equal profit on players' losses with the value of listed company, rather than its profits?
Also 2, increase in stock price (apart from clear speculation) is a result (or expectation) of growth in sales, or just higher profitability. Smaller slice of bigger cake. Not really the case for investing in bankroll is it?
full member
Activity: 224
Merit: 100
July 20, 2016, 03:47:56 PM
yes that is the problem of most of the people and that is why i always suggest to my friend not do play gambling without planning. because it is too risky and it can create so much problems for you. you can every lost all  your investment.
hero member
Activity: 798
Merit: 503
July 20, 2016, 01:34:20 PM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?
Guy, you need to ask yourself if you can cope with losing then you go ahead. You also need to know that going into gambling with the sole aim of profit making without considering the possibility of losing all is actually making a mistake knowing quite well that winning or losing is based on chance. I will suggest you think well... My 2 cents...
legendary
Activity: 1988
Merit: 1007
July 20, 2016, 01:07:57 PM

What you mean is "steer clear of investing in anything, whether it's crypto or fiat-related." Your entire point is quite literally the same in EVERY single investment, no matter what it is. ...

My main point was dilution of share in bankroll, second part of the post was in relation to that. So no, you cannot apply the same to EVERY investment, i.e. panic selling/reinvesting profits are not really applicable for say investing in start-ups.

Also, are you aware that 'investing' is pretty broad term and that there is such thing as short-term investment?

...And that's so obvious that you even mentioning it is painful and further concretes the fact that 99% of the people around here should NOT be investing in ANYTHING because they have no idea what they're doing and that's just a recipe for disaster.

How else are they going to learn? Making mistakes with small amounts can be a good learning experience.



The math works the same as with any other investment on earth.

Bankroll:

You own 1 BTC. BR is 2 BTC. It doubles. You own 2/4 BTC or 50% still. You cash out earnings, you now own 25%.

Walmart, MCD, (insert company here):

You own 2 shares out of 4. Shares are worth $0.50. Shares double in price. You cash out profit. You now own 25% (as you sold 1/2 of your shares out of 4 and now own 1/4).

This is all basic economics.
legendary
Activity: 1470
Merit: 1002
July 20, 2016, 08:15:50 AM

What you mean is "steer clear of investing in anything, whether it's crypto or fiat-related." Your entire point is quite literally the same in EVERY single investment, no matter what it is. ...

My main point was dilution of share in bankroll, second part of the post was in relation to that. So no, you cannot apply the same to EVERY investment, i.e. panic selling/reinvesting profits are not really applicable for say investing in start-ups.

Also, are you aware that 'investing' is pretty broad term and that there is such thing as short-term investment?

...And that's so obvious that you even mentioning it is painful and further concretes the fact that 99% of the people around here should NOT be investing in ANYTHING because they have no idea what they're doing and that's just a recipe for disaster.

How else are they going to learn? Making mistakes with small amounts can be a good learning experience.



I agree that losing bitcoin by investment is a good learning experience. I have played around bitcoins for years and i have lost a lot a lot. I have invested in shares of some companies and the shares are now barely worth anything. I also have invested in HYIP, casino, alt coins etc. Most of them ended up in losses but at least now i know how to move forward too.
hero member
Activity: 980
Merit: 500
July 20, 2016, 06:54:57 AM
in my opinion, if you are ready to start investing on any kind of investing program, then you are ready to lose all of your money. but if somehow in the end you have all your money plus some profit, then you are luck.

i think better you can find one investing programs that really good and work for you. read carefully what they offer, do not miss single part of the info, and make a decision, ready or not. if you not sure, then my suggestion is do not invest.
Thank you very much for long explaining  Grin, but it is still uncomplete you must add what kinds of Investment are like gambling website, HYIP, cloud mining or another else. And you can add your experience in Investment who give the profit. And you must add management of risk for us as details so we can make Investment with we can lost it.

But I think he didn't tell the name because he/she said that "i think better you can find one investing programs ", so he/she saying that you are the one who finds a broker to invest. Because I think it is also depend on what country are you staying right now and it is different if you two are not in the same country.
hero member
Activity: 980
Merit: 500
July 20, 2016, 06:54:30 AM
in my opinion, if you are ready to start investing on any kind of investing program, then you are ready to lose all of your money. but if somehow in the end you have all your money plus some profit, then you are luck.

i think better you can find one investing programs that really good and work for you. read carefully what they offer, do not miss single part of the info, and make a decision, ready or not. if you not sure, then my suggestion is do not invest.
Thank you very much for long explaining  Grin, but it is still uncomplete you must add what kinds of Investment are like gambling website, HYIP, cloud mining or another else. And you can add your experience in Investment who give the profit. And you must add management of risk for us as details so we can make Investment with we can lost it.

But I think he didn't tell the name because he/she said that "i think better you can find one investing programs ", so he/she saying that you are the one who finds a broker to invest. Because I think it is also depend on what country are you staying right now and it is different if you two are not in the same country.
hero member
Activity: 980
Merit: 500
July 20, 2016, 06:49:51 AM
If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.

I totally agreed with this. Some investments need to have more year to come before you will get what you want. But it is really worth the wait but you should also needs understanding and you need to educate yourself about investing before you have to enter this kind of risk. But unlike gambling in a long run you will lose a lot of money.

Yeah, investment requires a long time and this is long term, and also we have to put a lot of money for this so that the results are comparable to what we have been waiting for.

gambling is short term, but you can not think that if you invest in gambling will get results in the short term, it still will be in the long term.

Yes, so I think you must have a regular income for to enter an investment company, because if not your money will not grow as you wanted to become. Unlike gambling if you win you gain profit instantly but if you lose, you will also go home a loser. So it is your choice, whether to invest or to gamble.
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