Topic: Losing investment on Gambling sites - page 27. (Read 14292 times)

Quote from: Shinpako09 on July 10, 2016, 01:02:59 AM

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

What do you think about investing in the site betking is it profitable? I ever invested in moneypot you can invest the amount you want. but I only get a small profit I've never tried investing in other gambling sites. do you think how much amount which is suitable to invest in gambling sites?

mynameisdon

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i am don(ripper's big daddy).i clean scammers.

if you ask me what is possibilities for win or loss in gambling i will tell you 50%.
but if you ask same in gambling site i will tell you 10-30% because the site owner is not playing game with you.they are just making profit.and to be sure to make profit in gambling the automated roll,dice programmed in most fever of owner not you.
so investing all money in single gambling site will not be fair for you.just try little bit investment in all sites of your total investment.i'm sure it can make your wining probabilities positive.

thats all.

crytoboost

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Investment in any casino is very long term process if we want to make some profit because there is possibilities any whale can bust the bankroll any time, in that case we have to keep hang it around until the house get recovered, nothing is risk free in gambling even it is investment or betting.

hermanhs09

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No, not a guranteed that if you invest in a site is you can make a profit by joining the house. IMO it can only be a guarantee if your the one who own the house not just a investor.

There are always many investor's into such a gambling sites.
I love crypto-games,i invest there and i actually get profit everyday,which i withdraw Grin

Shinpako09

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No, not a guranteed that if you invest in a site is you can make a profit by joining the house. IMO it can only be a guarantee if your the one who own the house not just a investor.

Angell

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Quote from: bittraffic on July 09, 2016, 12:13:10 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?

I have invested in a gambling site one time. Minimum 0.01 BTC, and the profit was calculated every hour. It's not worth it, the most time you lose money and then you get a profit of 1000 satoshi and then you go back to loss. The only way is to invest 10 BTC and then that one time when you get profit you withdraw it. As i said it's not worth you time.

tsaroz

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I tried many and when you have a reasonable amount you never lose and the profit is greater than a physical fixed deposit. The only reason I took my investment back was I wanted to grow it really fast as in gambling, you know the addiction.

teilwalL05

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For me, I will actually DON'T invest in gambling. Gambling and trading is NOT the same. Because for me, in gambling you may not know if you can win the game or you can just lose it. But in trading you must need to learn more before you do it, Trading is like a business and if you have enough knowledge then I guess you will actually gain more profit here.

hermanhs09

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Quote from: bittraffic on July 09, 2016, 12:13:10 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?

You cannot say that any investment is a guaranteed profit.
But i would say that playing on negative house edge is a good way to get profit,and a safe one also.Just try investing some,works fine for me...

fullypak

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Quote from: hua_hui on July 09, 2016, 08:16:55 PM

Quote from: fullypak on July 09, 2016, 07:40:24 PM

Quote from: maku on July 09, 2016, 07:35:14 PM

Quote from: pawel7777 on July 09, 2016, 04:29:38 PM

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

how much have a minimum investment in moneypot?
and how much minimum investment there to get good profits?

I am not a user of MoneyPot so I can't tell you for sure. But I read their FAQ and there is no minimum and maximum investment limit mentioned.

The general idea is that you invest more - you will gain more. So when you only want to invest 0.01 BTC for a short time and you expect to double it, you better don't invest at all.

Yes, there is no minimum and maximum investment conditions in moneypot, one can invest any small amount. But when you invest more think carefully because if any one big winner then you will lose more money so better to diversify your investments on few good sites reduce your loses.

Generally, you dont need to worry too much about whale coming to take a dent on the bankroll. All you need to do is to endure it through and the bankroll will be back up in a matter of time and you can profit again. However, it is always good to diverse your investment in different casino for more safety.

Once anyone wins big amount all previous investors profits will be reduced and after that bankroll back up also your profits will not increase with grown in bankroll. Your profits will increase through house edge profits so you may need to wait again to increase your profit. So it is better to diversify the investments for our safety.

icecube45

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Investing on gambling sites I think is not appropriate because it very difficult to make a profit. It may be very difficult for me. I advise to invest apart from gambling because it will make a profit.

JasonXG

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Quote from: JasonXG on July 09, 2016, 03:58:24 PM

...
You not going to lose your investment. If you lose money so does the website you investing is and why would they want to lose money ? Its actually one of the best investments you can make since losing hurts the house way more then you. Its in % so of u just lost 1% of 10btc the house just lost 1% of 10000btc make sense ? Put your money there andnforgrt about it. Everything has risks dont listen to these people that saynits a bad idea and you can lose everything because you won't and it is a good idea.

Stop posting BS. Of course he can lose. House has mathematical edge, but that doesn't prevent player(s) from being lucky and draining the bankroll. He could also lose to scammy operator who can disappear with funds (as we've seen in the past) or he could poorly choose kelly option etc.

Key factors to consider whether or not to invest in the site are: 1 - do I trust the site owner(s) enough, 2- what's the ratio of daily wagered and current bankroll (and what will be your % of bankroll).

Also, investing in house should always be considered a long term thing, if you don't have patience - don't bother.

You talk of maths and such yet say I'm talk bs ?? Lol ok Huh

Obviously you must have trustworthy site. Why even bring that up ? Will you tell me next I need air to breath ? Over a long period of time you will make money and that is that. And yes clearly its for long term! Lol omg you new to investing. All investments you will lose and make money but over time you make more then you lose especially with a casino.

hua_hui

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Quote from: fullypak on July 09, 2016, 07:40:24 PM

Quote from: maku on July 09, 2016, 07:35:14 PM

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

how much have a minimum investment in moneypot?
and how much minimum investment there to get good profits?

I am not a user of MoneyPot so I can't tell you for sure. But I read their FAQ and there is no minimum and maximum investment limit mentioned.

The general idea is that you invest more - you will gain more. So when you only want to invest 0.01 BTC for a short time and you expect to double it, you better don't invest at all.

Yes, there is no minimum and maximum investment conditions in moneypot, one can invest any small amount. But when you invest more think carefully because if any one big winner then you will lose more money so better to diversify your investments on few good sites reduce your loses.

Generally, you dont need to worry too much about whale coming to take a dent on the bankroll. All you need to do is to endure it through and the bankroll will be back up in a matter of time and you can profit again. However, it is always good to diverse your investment in different casino for more safety.

ranlo

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Quote from: maku on July 09, 2016, 07:35:14 PM

and how much minimum investment there to get good profits?

Questions like this are stupid. Your earnings are directly proportional to how much you put in. If you put in 1 BTC, you make x. If you put in 2 BTC, you make 2x. If you do 0.5 BTC, you make 0.5x. This is like asking "how much money do I need to put in my bank account to get a good amount of interest?" x*percentageGained=yEarned.

fullypak

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Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

how much have a minimum investment in moneypot?
and how much minimum investment there to get good profits?

I am not a user of MoneyPot so I can't tell you for sure. But I read their FAQ and there is no minimum and maximum investment limit mentioned.

The general idea is that you invest more - you will gain more. So when you only want to invest 0.01 BTC for a short time and you expect to double it, you better don't invest at all.

Yes, there is no minimum and maximum investment conditions in moneypot, one can invest any small amount. But when you invest more think carefully because if any one big winner then you will lose more money so better to diversify your investments on few good sites reduce your loses.

maku

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Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

how much have a minimum investment in moneypot?
and how much minimum investment there to get good profits?

I am not a user of MoneyPot so I can't tell you for sure. But I read their FAQ and there is no minimum and maximum investment limit mentioned.

The general idea is that you invest more - you will gain more. So when you only want to invest 0.01 BTC for a short time and you expect to double it, you better don't invest at all.

liuka

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Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

how much have a minimum investment in moneypot?
and how much minimum investment there to get good profits?

hua_hui

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Quote from: DarkStar_ on July 09, 2016, 03:33:07 PM

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.

The_prodigy

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Quote from: yugo23 on July 09, 2016, 02:56:52 PM

Does anyone know gambling sites where you can invest cause I don't know the names?

My favorite gambling investment is at MoneyPot.com, and I have made good profits there in short amount of time. (I was lucky that people were unlucky) You can also try BetKing.io, which is a good one or others like BitDice.

Quote from: newcripto on July 09, 2016, 02:46:11 PM

You need to be same lucky as of gambling by yourself. If that site holds strong bankroll and can survive few big wins if this happens then your are chances of getting profit are higher than ever. You need to know only long term option with some decent amount what you can afford to loose is option to go for investment. Small money is just waste of time and nothing else.

No. If the site uses the kelly, then the max profit adjusts based on the bankroll. The only difference with a bigger bankroll is that smaller wins affect your investment less. You also don't need to have the same luck as gambling by yourself. Is normal gambling +EV? No. Investing is gambling with a positive expected value.

Yes indeed, I'd rather invest in a gambling site than playing in them. We can't deny that it has still risks but its minimal compared when you are betting on a gambling site. The profit, not that much if you are going to compare when you are winning in a gambling site. There are pros and cons on both and if you are risk taker and wanting to have a much higher profit in a shot period of time. But if you want a safe investment earning a little profit in time then you may invest.

janggernaut

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