Losing investment on Gambling sites - page 3.

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: Vaskiy on March 02, 2017, 10:58:49 PM

Quote from: LuanX3 on March 02, 2017, 10:12:38 PM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

It happens though. The site could lose money if there have been more gamblers that won than what the casinos have earned. I've seen it in bitsler when a gambler was able to win multiple 4 btc wins and pretty large wins like 20btc. Which dropped the global bankroll by more than 30%. Though, it recovered the losses and it's in profits now.

Very few gambling websites have lost and went non profitable. Bitsler is the one in which due to continuos promotion it overcame the loss, but several websites have got its end. If casinos run completely to make profit also won't be successful. It needs to be in a standalone to profit the users as well investors.

Its really strange to know that gambling sites went in lose. Gambling is one business where only the player lose and the gambling site owners always win. Spending too much on advertising that make you not earn profit is not a good sign of business oriented mind.

Mike Mayor

hero member

Activity: 966

Merit: 535

I think the only way to lose your investment in a bitcoin casino is to out the multiplier up to high. You really should leave it at 1x but you can move it to 2x or more I'd your investment is a decent % of the total investment. If you put it too high you can lose your investment so dont be greedy.

Also remember not to gamble your investment. You should leave you inbestment and not worry all the time about it. Let it grow.
Yolodice has a great investment program. Click my signature and have a look for yourself. It is also a great place to gamble ^^

Nekutasa

full member

Activity: 182

Merit: 100

From what I understand someone would have to win a lot for you to lose your investment depending on how much you invest. But more times than not people who invest in gambling sites dont lose but profit in the long term!

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Quote from: Strongkored on March 04, 2017, 09:40:57 AM

I don't have experience with investment in gambling site and for me all investment is have risk, just to be wise and careful to choose the investment, and I have read in this forum about investment in gambling site is more long lived, you just pick the best gambling site and reliable to make your investment is profitable.

It's hard to tell which casino is "the best", there are so many gambling sites which operate for a long time and don't have any strong accusations against them. But this doesn't guarantee safety, since bitcoin services can make exit scam - simply vanish with all customers funds, because owners are anonymous so they most likely will not be found. Also every casino might be struck by a bad luck and lose a significant part of its bankroll, so when you are choosing a casino, you need to make sure that the risk is minimal, by looking at the value of maximum allowed win per one bet. It should be around 1% of the total bankroll, otherwise some whales might take a huge chunk of the bankroll quickly, so the whole investment is more risky.

Strongkored

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

I don't have experience with investment in gambling site and for me all investment is have risk, just to be wise and careful to choose the investment, and I have read in this forum about investment in gambling site is more long lived, you just pick the best gambling site and reliable to make your investment is profitable.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: HaXX0R1337 on March 04, 2017, 01:53:29 AM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

Having a house edge does not mean that they cant loose money,If some good roller comes in with a huge balance and can win a couple of hundred bitcoins then exits the game it will be a huge loss for the site as well as for the investors and i have seen whales winning big .So expect the unexpected in gambling sites.

loss is not important. but what matters is the quantity of the losses. which means if house loses every time then there is something wrong with their design.

and the house edge is not guaranteeing win for the house edge nor guaranteeing loss for the players. it just gives "edge" to the house and in the long term helps house win more times than it has lost meaning final total profit.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: ethereumhunter on March 04, 2017, 02:48:52 AM

Quote from: HaXX0R1337 on March 04, 2017, 01:53:29 AM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

Having a house edge does not mean that they cant loose money,If some good roller comes in with a huge balance and can win a couple of hundred bitcoins then exits the game it will be a huge loss for the site as well as for the investors and i have seen whales winning big .So expect the unexpected in gambling sites.

maybe what you said is right but i think its not always gamblers can win hundred of bitcoins because i think the house will not allow for gamblers to win much of money from them and they will preventing this as the house wants to make profit from the gamblers. but if somehow we are loss our investment on gambling sites, i think before we made invest, we should know that we can get loss too for what we invest so we can thinking before we invest.

yes allowing to asses if the amount that we invest can be forgotten if things went out wrong and the site did not make any good for us
its very important that we study and understand the risk from our investment as everything have really some risk but much better
chances to earn instead of you use it fr gamble.

Ziskinberg

hero member

Activity: 2926

Merit: 636

Quote from: ethereumhunter on March 04, 2017, 02:48:52 AM

Quote from: HaXX0R1337 on March 04, 2017, 01:53:29 AM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

Having a house edge does not mean that they cant loose money,If some good roller comes in with a huge balance and can win a couple of hundred bitcoins then exits the game it will be a huge loss for the site as well as for the investors and i have seen whales winning big .So expect the unexpected in gambling sites.

maybe what you said is right but i think its not always gamblers can win hundred of bitcoins because i think the house will not allow for gamblers to win much of money from them and they will preventing this as the house wants to make profit from the gamblers. but if somehow we are loss our investment on gambling sites, i think before we made invest, we should know that we can get loss too for what we invest so we can thinking before we invest.

It's normal to lose even if you are the gambling house, it's a game of luck but what made you stay in the business profitably is your house edge. True, there are people who consider themselves as whales but there are sites also that has a big limit amount, and they are big sites.
If you invest, think of the possibilities and not just thinking of profit as that does not happen all the time.

Actually, gambling sites love whales because they have a great chance to make good income also, the house edge is big thing to them regardless if you are a low or high roller.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: HaXX0R1337 on March 04, 2017, 01:53:29 AM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

Having a house edge does not mean that they cant loose money,If some good roller comes in with a huge balance and can win a couple of hundred bitcoins then exits the game it will be a huge loss for the site as well as for the investors and i have seen whales winning big .So expect the unexpected in gambling sites.

maybe what you said is right but i think its not always gamblers can win hundred of bitcoins because i think the house will not allow for gamblers to win much of money from them and they will preventing this as the house wants to make profit from the gamblers. but if somehow we are loss our investment on gambling sites, i think before we made invest, we should know that we can get loss too for what we invest so we can thinking before we invest.

HaXX0R1337

sr. member

Activity: 574

Merit: 252

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

Having a house edge does not mean that they cant loose money,If some good roller comes in with a huge balance and can win a couple of hundred bitcoins then exits the game it will be a huge loss for the site as well as for the investors and i have seen whales winning big .So expect the unexpected in gambling sites.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: mrcash02 on March 03, 2017, 11:41:13 PM

Gamble is different of investing in a casino bankroll. What the thread says is about invest in casino, in other words, play with house against gamblers. You make profit when the gamblers lose money, you make profit when the house make profit.

It is pretty much the same thing , you are gambling with the house. You might not lose money in the long run however there is no guarantee that you wont lose any money at all. There is a bigger picture than what listed in the FAQ of investing and you need to know that your amount of stake matters in the site's bankroll for you to get higher expected profit

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: wintermeasures on March 04, 2017, 12:57:55 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?

No I Don't Suggest You to Make a Investment in Gambling Sites Because You can Lost Your All Money There Because Sometimes there are Big Whales who Can Win the Bankroll and You Can Be in Loss and Also it is possible that your Online Casino Can Be Hacked By Someone and your All Money will be Lost Or the Owner will run with your Money So I Suggest you to Dont Invest in Gambling Websites.......

well there's always a risk with any investment and your sentiments are right but if you did plan it wisely and review those houses that you are going
to place your money you will able to understand what would be the edge and if the site will deliver, just invest what you can afford to lose and never to go all in or less you will regret it for the rest of your life.

wintermeasures

sr. member

Activity: 322

Merit: 250

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?

No I Don't Suggest You to Make a Investment in Gambling Sites Because You can Lost Your All Money There Because Sometimes there are Big Whales who Can Win the Bankroll and You Can Be in Loss and Also it is possible that your Online Casino Can Be Hacked By Someone and your All Money will be Lost Or the Owner will run with your Money So I Suggest you to Dont Invest in Gambling Websites.......

klf

legendary

Activity: 1344

Merit: 1000

Quote from: Babayega31 on March 03, 2017, 04:31:36 AM

If you gamble, then you have your money being invested with the gambling site btc online deposit used to bet for the games you are playing. When you lose the investments you have, its because you don't manage your bank roll well due to wrong decisions made upon betting on the games played.

I don't anyone can do so accurate management of bankrolls while gambling because results are based on only luck. Unless you play these games always with some fixed amount then you know how much money you may be going lose for that session. But if you load more money to gambling site and want to control while playing then it is almost impossible.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: Babayega31 on March 03, 2017, 04:31:36 AM

If you gamble, then you have your money being invested with the gambling site btc online deposit used to bet for the games you are playing. When you lose the investments you have, its because you don't manage your bank roll well due to wrong decisions made upon betting on the games played.

Gamble is different of investing in a casino bankroll. What the thread says is about invest in casino, in other words, play with house against gamblers. You make profit when the gamblers lose money, you make profit when the house make profit.

I can't say if it's 100% safe, but until now, after some months, I didn't lose money doing this. I didn't earn much money, but had some profit percentage.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

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?

We think its guaranteed because we always think we can win this time, its already in the mindset of our head. That's the reason why we always coming back unto it. So I think losing investment for the gamblers I think is the heart of the gambling sites

Babayega31

hero member

Activity: 630

Merit: 500

Cryptocurrency Wallet - Denaro.io

If you gamble, then you have your money being invested with the gambling site btc online deposit used to bet for the games you are playing. When you lose the investments you have, its because you don't manage your bank roll well due to wrong decisions made upon betting on the games played.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Vaskiy on March 02, 2017, 10:58:49 PM

Quote from: LuanX3 on March 02, 2017, 10:12:38 PM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

It happens though. The site could lose money if there have been more gamblers that won than what the casinos have earned. I've seen it in bitsler when a gambler was able to win multiple 4 btc wins and pretty large wins like 20btc. Which dropped the global bankroll by more than 30%. Though, it recovered the losses and it's in profits now.

Very few gambling websites have lost and went non profitable. Bitsler is the one in which due to continuos promotion it overcame the loss, but several websites have got its end. If casinos run completely to make profit also won't be successful. It needs to be in a standalone to profit the users as well investors.

Gambling is an investment for its owner and we all know that all do have risk if it would be a success or a flop and its depends on how they would ran it. If they made a good management regarding on its investors or just doing solo then it would really progress.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: LuanX3 on March 02, 2017, 10:12:38 PM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

It happens though. The site could lose money if there have been more gamblers that won than what the casinos have earned. I've seen it in bitsler when a gambler was able to win multiple 4 btc wins and pretty large wins like 20btc. Which dropped the global bankroll by more than 30%. Though, it recovered the losses and it's in profits now.

Gambling itself is unpredictable and sometimes it also applicable for casino owners. If the site owner doesn't have huge bankrolls then sometimes they may also lose all their bankrolls. But most of the time times gamblers are the one going to lose, only a few people are going to win big amounts in gambling. So it is critical for casinos to maintain a huge bankrolls.

Vaskiy

legendary

Activity: 2646

Merit: 1106

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: LuanX3 on March 02, 2017, 10:12:38 PM

Quote from: mOgliE on March 02, 2017, 10:10:21 PM

Losing hte investment because of the site making no profit is quite rare...

In fact it's illgogical for the site to lose money as they have a house edge.
What can happen though is seeing the site running with your invested money :/

It happens though. The site could lose money if there have been more gamblers that won than what the casinos have earned. I've seen it in bitsler when a gambler was able to win multiple 4 btc wins and pretty large wins like 20btc. Which dropped the global bankroll by more than 30%. Though, it recovered the losses and it's in profits now.

Very few gambling websites have lost and went non profitable. Bitsler is the one in which due to continuos promotion it overcame the loss, but several websites have got its end. If casinos run completely to make profit also won't be successful. It needs to be in a standalone to profit the users as well investors.

Topic: Losing investment on Gambling sites - page 3. (Read 14256 times)