Losing investment on Gambling sites - page 28.

pawel7777

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

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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.

JasonXG

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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 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.

yugo23

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Quote from: frankmb on July 09, 2016, 03:54:28 PM

Betking.io has a 1 btc minimum investment.

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

Thanks for the other sites, I'll go check them out!

frankmb

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Too Weird to Live. Too Rare to Die...

Betking.io has a 1 btc minimum investment.

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

DarkStar_

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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.

yugo23

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Quote from: dodgrad on July 09, 2016, 03:02:45 PM

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?

I know that you can invest in MoneyPot (https://www.moneypot.com/) but i read that few weeks ago someone win there very big amount of BTC and investors lose a lot.

That is other example that investing in gambling not always is risk free.

No investment is risk free, but at least there is a lower risk in casino than in playing at the casino ^^

I'll go check moneypot then, thanks for the site, if you got another one don't hesitate to tell me

dodgrad

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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?

I know that you can invest in MoneyPot (https://www.moneypot.com/) but i read that few weeks ago someone win there very big amount of BTC and investors lose a lot.

That is other example that investing in gambling not always is risk free.

yugo23

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

newcripto

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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.

harizen

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For support ➡️ help.bc.game

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?

Then why don't try it to yourself to see what's really right answer.

Investing in gambling sites bankroll is really "profitable" since you are with the house. But you know there is a so called big bettors which likely do betting even they have only wagered a small amount.

In general, all bets have chances to win or lose. If you want to invest in a gambling site' bankroll, it must be set for a long term one.

Don't expect a day or weekly earnings from investing in a bankroll.

buddu

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What you need to keep remember about house edge is one thing. This is true house never looses but that is calculated and said for long term so in short term risk is high as some people already wrote there is nothing guaranteed when you are putting money on any gambling site to gamble with it or to invest in it. You need to assume all risk and loosing factor as anticipation.

lite

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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?

Well i don't believe there's guaranteed profit in any form of investment, you'll have to risk your money to gain more. you should invest in casino/dice site which has been here for very long time(search in the forum), the downside to gambling site investment - losing due to exploits/highrollers/owner running away with your money.

matrix zion

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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?

Biggest risks?
An attack on the site, a big steal. But mostly the creator leaving with your coins, that's a serious possibility ^^

hua_hui

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Quote from: enhu on July 09, 2016, 12:54:48 PM

Quote from: socks435 on July 09, 2016, 12:48:26 PM

Quote from: ?? on ??

Yoy cannot expect any investment to be risk-free, if such a thing existed we all would be doing it. In my opinion, investing in gambling sites yields to a profit at least 9 out of 10 times, if you want to increase your chances of earning something just open several investments across different casinos.

The only risks are a whale trashing the casino's bankroll (sometimes that only affects the short-term and your investment will recover itself with the time) or the site being "hacked" (i.e. the owners running away with investor's money).

I would say, go on! By the way, I think this topic has already been discussed more than once in the past. Next time do your own research first.

Yeah right i agree about you said that better to spread your investment to different casino that you know are trusted so that you are far in scammers..
Not focus in one casino because if you just invest in one casino then it will gone sooner you may lose everything you investment..
Also i think you can make a profit because we know house is always win..

So which gambling sites you guys are going to suggest apart from the one on my signature which only requires 0.01 btc?
Was also trying to find out about which companies allows investors to invest and receive dividends. I was thinking of haobtc.com lately but they require 10btc which is really a lot that i can't afford.

I have read about that too and i also feel that 10btc is a lot to me. And some more the 10% interest are not overwhelming attractive. I have heard about bitvest investment but i dont dare to try it out yet. You can consider betking and moneypot as i believe that they have 2 of the biggest bankroll.

enhu

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Quote from: socks435 on July 09, 2016, 12:48:26 PM

Quote from: ?? on ??

Yoy cannot expect any investment to be risk-free, if such a thing existed we all would be doing it. In my opinion, investing in gambling sites yields to a profit at least 9 out of 10 times, if you want to increase your chances of earning something just open several investments across different casinos.

The only risks are a whale trashing the casino's bankroll (sometimes that only affects the short-term and your investment will recover itself with the time) or the site being "hacked" (i.e. the owners running away with investor's money).

I would say, go on! By the way, I think this topic has already been discussed more than once in the past. Next time do your own research first.

Yeah right i agree about you said that better to spread your investment to different casino that you know are trusted so that you are far in scammers..
Not focus in one casino because if you just invest in one casino then it will gone sooner you may lose everything you investment..
Also i think you can make a profit because we know house is always win..

So which gambling sites you guys are going to suggest apart from the one on my signature which only requires 0.01 btc?
Was also trying to find out about which companies allows investors to invest and receive dividends. I was thinking of haobtc.com lately but they require 10btc which is really a lot that i can't afford.

hua_hui

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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?

There is no 100% promise that you will profit but with the house edge on your side, you are most likely to profit. I am an investor for 2 of the gambling site and i can share a bit with my experience.

I have invested in moneypot a few times. Before it is being sold, the first time i invested, i got in at a very bad time. The bankroll was hit terribly by 2 whales and i lose like 40% of my investment but i hang it there. It rose back within 3months and another 6 months later, i am earning a lot. When moneypot was sold, i too invest in the new team and similarly, it was hit by a whale and i lose like 20% but within 1.5 months i recovered and now i am profit.

Similar in betking, you can see that there is some people who mention that his investment drop but if you can ride it out, you will end up profit in the long run.

So if you want to invest, do it for a long run, dont think of a week or 2 only.

socks435

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I'm looking for free spin.

Quote from: ?? on ??

Yoy cannot expect any investment to be risk-free, if such a thing existed we all would be doing it. In my opinion, investing in gambling sites yields to a profit at least 9 out of 10 times, if you want to increase your chances of earning something just open several investments across different casinos.

The only risks are a whale trashing the casino's bankroll (sometimes that only affects the short-term and your investment will recover itself with the time) or the site being "hacked" (i.e. the owners running away with investor's money).

I would say, go on! By the way, I think this topic has already been discussed more than once in the past. Next time do your own research first.

Yeah right i agree about you said that better to spread your investment to different casino that you know are trusted so that you are far in scammers..
Not focus in one casino because if you just invest in one casino then it will gone sooner you may lose everything you investment..
Also i think you can make a profit because we know house is always win..

bittraffic

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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?

Topic: Losing investment on Gambling sites - page 28. (Read 14279 times)