Losing investment on Gambling sites - page 24.

Sidas_Crew669

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Quote from: xuan87 on July 13, 2016, 06:56:31 AM

most of the time casino/ gambling sites make money, unless they had a bad reputation and seldom being visited by user then you will lost your investment, if you want to invest in gambling sites always make sure that they had a great reputation and then the site is actively promote or advertise, and the last one you need a lot of luck

It is indeed very true, but you also do not need to cover the things that should be known by all. That of sepercaya and casino/gambling sites will definitely have a certain time duration, depending on the funds they get and they always get the profit. So lost in the investments is reasonable, if we do not take into account its impact on the early

fullypak

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Quote from: enhu on July 12, 2016, 10:43:10 PM

Quote from: fullypak on July 12, 2016, 09:37:03 PM

Quote from: matrix zion on July 12, 2016, 09:30:09 PM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

The third possibility is if any one win big amount then our investment profits will get hurt and it is possible because we have seen some people won big amount from these casino houses. So if you want to be safer side in casino investments then better diversify your investments. Invest on few good casinos instead of only one or two.

Which casinos do you recommend which you had been tested already?
The only by far I know for now is bitvest and betcoin. hope someone lists these gambling sites which allows investors to deposit and how much they require.

I think you can also can consider moneypot wallet to invest some portion of your investment because are also online for quite some time. But since last few months, new owner is managing it and I don't have much investment now on this site but looks we can consider putting some % of our investment.

As of now site is down for maintenance so you can check back later on.

SyGambler

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guess who's back

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

well investing in a gambling site is a great thing to do unless you have a better thing that you can put your money in and make more money
yes it has variance but as long as you have the edge , I would be so glad if a whale comes with 50 btc and gambled in the site that I invested in even if he wins cause I know in the long run he will repeat the process and the casino will take his money
just pick your site wisely , and don't put your money in a new site

RussianRaibow

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I AM A SCAMMER

I'm interested in investing my bitcoin into something as well. It would seem that a casino/gambling site would be a good place to do that since they have the house edge and are continuously making money off of gamblers, but I know there is always a chance that the site will shut down and run away with my money. There is also the chance that they could get hacked, or that a bug will allow a player to withdrawal more than they were supposed to be able to. There is always going to be risks involved with investments, but I am interested in giving this a try too. I think I might try Betking with a small investment to try it out.

pawel7777

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Quote from: yugo23 on July 13, 2016, 05:58:25 AM

From what I saw I'd advise betking, it's a great way to invest.

Not too complicated, not a high demand of minimumm price.
Just put what you can in it and wait for the profit

Betking is solid, but the problem is they already have huge bankroll, so if you're looking to invest small amount, you'll get tiny share of profits. That means nothing on it's own though, sometimes it's better to have smaller share in higher profits.

That's why you should look at wagered/bankroll ratio.

For Betking, weekly wagered to bankroll is only 24%, while for SafeDice it's almost 870% (higher % is more attractive to investor). The difference is huge.

Data from https://dicesites.com/

Of course there are other factors to consider: what's the house edge, max allowed kelly, house commission on every bet etc.

BitcoinPC

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Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Gambling is a risky field, if you want to invest in gambling, so don't think that you are always get profit, it is no guaranteed thing in investment side where you get only profit, in business we always faces profit and lose, and in gambling it is more than others.
Secondly you want investment in gambling, actually i have no any good idea about it except you can investment in casino.

Valzador

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Quote from: rickadone on July 13, 2016, 07:12:54 AM

Quote from: mentaken on July 11, 2016, 07:21:52 AM

Quote from: BitcoinHodler on July 11, 2016, 07:18:12 AM

Quote from: Barcode_ on July 11, 2016, 07:03:31 AM

Investment is the same as gambling, you still have a chance to lose, you must understand the risk Cheesy

actually they only look similar when in fact they are not at all the same. when you gamble you have no idea of the result so you can win or lose at all times but when you invest you can calculate the risks and make a wise investment that has a very tiny chance of going wrong.

also in gambling you lose all you put down but when you invest in case of a loss, you will only lose a small part of what you put down. and that is a huge distinction.

Investments are always long term. Gambling is short therm, you lose your money faster as you wish.

Though we all know that gambling is not better than investment, but to me gambling has been always better than investment. When I gamble, I win or loose quick but with investment it gives me a pain and though not losses, in fact profits but really really slow.

Patience is a virtue

rickadone

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Quote from: mentaken on July 11, 2016, 07:21:52 AM

Quote from: BitcoinHodler on July 11, 2016, 07:18:12 AM

Quote from: Barcode_ on July 11, 2016, 07:03:31 AM

Investment is the same as gambling, you still have a chance to lose, you must understand the risk Cheesy

actually they only look similar when in fact they are not at all the same. when you gamble you have no idea of the result so you can win or lose at all times but when you invest you can calculate the risks and make a wise investment that has a very tiny chance of going wrong.

also in gambling you lose all you put down but when you invest in case of a loss, you will only lose a small part of what you put down. and that is a huge distinction.

Investments are always long term. Gambling is short therm, you lose your money faster as you wish.

Though we all know that gambling is not better than investment, but to me gambling has been always better than investment. When I gamble, I win or loose quick but with investment it gives me a pain and though not losses, in fact profits but really really slow.

xuan87

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most of the time casino/ gambling sites make money, unless they had a bad reputation and seldom being visited by user then you will lost your investment, if you want to invest in gambling sites always make sure that they had a great reputation and then the site is actively promote or advertise, and the last one you need a lot of luck

Bitcoinsummoner

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Quote from: yugo23 on July 13, 2016, 05:58:25 AM

Quote from: Betwrong on July 13, 2016, 04:27:03 AM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

There are some reputable gambling sites, you can read about them on this forum and you can invest in some of them if you want, but you should always remember that any investment is risky. So don't invest more than you can afford to lose.

From what I saw I'd advise betking, it's a great way to invest.

Not too complicated, not a high demand of minimumm price.
Just put what you can in it and wait for the profit

I think its better to dont stay and dont invest all better to spread it for those trusted site like betking also you can also invest in bitvest spreading your coins can be less risk than investing it all funds to one website..

matrix zion

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Quote from: naidray on July 13, 2016, 04:16:43 AM

Quote from: Barcode_ on July 11, 2016, 07:03:31 AM

Investment is the same as gambling, you still have a chance to lose, you must understand the risk Cheesy

I think investing is opposite to gambling, because you are literally playing against the players ( or gamblers ) and with the edge. So, I think loosing with investing is very rare and happens only one out of hundred times and still it is better than gambling.

Well when you invest you gamble against the world in a way. It doesn't change anything ^^

yugo23

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Quote from: Betwrong on July 13, 2016, 04:27:03 AM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

There are some reputable gambling sites, you can read about them on this forum and you can invest in some of them if you want, but you should always remember that any investment is risky. So don't invest more than you can afford to lose.

From what I saw I'd advise betking, it's a great way to invest.

Not too complicated, not a high demand of minimumm price.
Just put what you can in it and wait for the profit

ranlo

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Quote from: mentaken on July 13, 2016, 04:23:03 AM

Quote from: matrix zion on July 12, 2016, 09:30:09 PM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

True, the two biggest risks into investing dice-sites.

Those risks are present with literally any crypto business. Don't risk more than you can afford to lose and you're golden.

Betwrong

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Quote from: bittraffic on July 09, 2016, 01:13:10 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?

There are some reputable gambling sites, you can read about them on this forum and you can invest in some of them if you want, but you should always remember that any investment is risky. So don't invest more than you can afford to lose.

mentaken

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Quote from: matrix zion on July 12, 2016, 09:30:09 PM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

True, the two biggest risks into investing dice-sites.

naidray

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Quote from: Barcode_ on July 11, 2016, 07:03:31 AM

Investment is the same as gambling, you still have a chance to lose, you must understand the risk Cheesy

I think investing is opposite to gambling, because you are literally playing against the players ( or gamblers ) and with the edge. So, I think loosing with investing is very rare and happens only one out of hundred times and still it is better than gambling.

enhu

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Quote from: fullypak on July 12, 2016, 09:37:03 PM

Quote from: matrix zion on July 12, 2016, 09:30:09 PM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

The third possibility is if any one win big amount then our investment profits will get hurt and it is possible because we have seen some people won big amount from these casino houses. So if you want to be safer side in casino investments then better diversify your investments. Invest on few good casinos instead of only one or two.

Which casinos do you recommend which you had been tested already?
The only by far I know for now is bitvest and betcoin. hope someone lists these gambling sites which allows investors to deposit and how much they require.

fullypak

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Activity: 1456

Merit: 1005

Quote from: matrix zion on July 12, 2016, 09:30:09 PM

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

The third possibility is if any one win big amount then our investment profits will get hurt and it is possible because we have seen some people won big amount from these casino houses. So if you want to be safer side in casino investments then better diversify your investments. Invest on few good casinos instead of only one or two.

matrix zion

sr. member

Activity: 381

Merit: 251

Quote from: bittraffic on July 09, 2016, 01:13:10 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?

Two big issues:
-site being hacked
-site owner leaving with the coins

Appart from those two possibilities, you should be perfectly fine Wink

iv4n

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Merit: 1179

You started this topic like you know you will lose your money. You need to have more faith in what ever you choose to invest, you have negative attitude and that is bad for business. Work on that first.
Like everyone said, there is no risk free investment, so what ever you do, you need to take some risks. So stop crying, have negative thoughts, etc.. simply inform yourself best you can, and do it.
Casinos are always good investment, and I think its long term investment. You will not have good income always, its gambling, sometimes its going to be high, sometimes low. Depends from people who play there, how much they play and how much they win or lose.

Topic: Losing investment on Gambling sites - page 24. (Read 14256 times)