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Topic: Losing investment on Gambling sites - page 5. (Read 14276 times)

legendary
Activity: 2366
Merit: 1130
February 25, 2017, 08:26:00 AM
Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley
No, betking already lowered the min investment to 0.01 btc.
Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there

Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot

My first investment is also justdice and btc casino was just starting at that time. I remember justdice is still accept btc at that time. And i got to see people bet as high as 500btc in one shot. The bankroll can change from positive 2000btc to 0btc within 10min. It is really crazy to see the bankroll varies so much and it is giving me a lot of heart attack.
Did you invested your btc on that time (When Justdice still accept bitcoin)? or were you invested when they already change to clam?
That guy must be Nakowa, who took down all JD profit at that time (He profited total ~ 4k BTC). All JD investors (if you were one of them) obviously got heart attack when that happened
hero member
Activity: 826
Merit: 1004
February 25, 2017, 05:20:25 AM
There are two things I can tell you you decide which one to pick :
Invest in a gambling site which just came out at a keverage of 1 or maybe max at 3. You wait for 3-4 months you will either get a huge profit or loss.
Second : If you are scared to lose then you can invest after hearing all the trusts about the site but the problem is the returns are really less like 1% per month or sometimes even low. It totally depends on which option you decide to choose but remember one thing withdraw all you profits at max 1 year.
hero member
Activity: 756
Merit: 503
Crypto.games
February 25, 2017, 04:27:44 AM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.
Please do not refer to your gambling as investment. The term 'investment' in this case, means investing your money with the house bankroll.
'When investing, you gain/lose a share of profit/losses proportional to the fraction of the bankroll you have invested.'
--
very interesting.
from what I have experienced their return for the investors has been pretty solid without any bad week so far.

but about what you said, all the gambling sites restrict the win amount, so what is the difference here in crypto-games? do you happen to know how much is the limitation for winning?
Yes, crypto-games.net has great bankroll management. ^^
The maximum win amount per bet is different for each game and currency. It would depend on the current bankroll for each currency. You can see the max win amount per bet by clicking the how to play button on the site.
(ie. Max Win Amount Per Bet : Dice: 7.4 Bitcoin)
hero member
Activity: 1400
Merit: 571
February 25, 2017, 02:53:17 AM
In fact I invested quite a lot in many different casinos and...

And now what I'm really afraid of is to see the owners leaving with the money :/
I didn't think about that at first. Seeinf only the risk of the site losing money
But now I start wondering about this risk too, because if that happens you lose everything :/
We should really take the risk before we do decide to put our money on gambling bankrolls because every investment do really the risk on losing all the money thats why its really important if we do have enough money to invest we should really not put our eggs on a single basket.

Before we do something like this, investing our bitcoin in different gambling sites, in order to "multiply" our bitcoin, we should consider first the risks that we are going to face, like losing our bitcoin instead of multiplying it because just like what you have said, most of them in the end are just taking off like there were no people invested on them.

That is why, investing bitcoin on the gambling sites and to the HYIPs out there is not really recommended. Try to focus on doing signature campaign in order to earn bitcoin in a legit way. In this way, your bitcoin is safe while you are earning some.
hero member
Activity: 1344
Merit: 507
February 24, 2017, 10:03:17 PM
It is never guaranteed profit! Yes, the house don't lose during game play longtherm, but if the operating costs are higher than the revenue stream, the casino will lose money, obviously.

And there is no guarantee that a certain casino will have a profit. If it was guaranteed, then the casino could simply go to a bank and they would get a credit and would not ask in forums. Banks love to give credits to guaranteed profits.

The casino could let run "faked winners" to eat a possible profit or even have an official loss = loss of your investment. Or they could simply embezzle your investment and that's it.
legendary
Activity: 1456
Merit: 1023
February 24, 2017, 08:16:56 PM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.

You mean to say you lost money while gambling itself or in casino investments? From your post, I understood that you lost money in gambling. If it is true, then I don't call it as an investment because playing games are for fun, not an investment. To play these games you must spend money and if your lucky only then sometimes you may get back your money otherwise mostly you will lose always,
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 24, 2017, 08:06:31 PM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.

Sometimes it's not about luck. You just need to look for the right casino to invest your bitcoins. Because if you will always rely with luck for sure that you will not have any progress. But if you are going to keep looking for the right place to invest your bitcoins and doing some research you can lessen the choice of losing your investment.

Also, the concept of luck is for the gamblers and players to perceive and think about. If you are an investor, meaning you are part of the casino. The casino's computation is solid. In the long-run, the casinos win. That is a fact. An infinite number of games would result to the casino always winning over its players.

It's not actually about the luck because you are an investor. It's true that computation of them are solid and always in their favor. If you are that type of patient guy, the favor will always be with you as we all know that gamblers lose in the long run and the casino is always winning in the long run. So be patient with your investments on casino.
hero member
Activity: 1092
Merit: 500
February 24, 2017, 02:32:25 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?

Since that you are entering the gambling world, there are no assurance and guaranteed that your investment  will be multiply or more. Therefore, what I'm trying to emphasize to you must do it on your own risk. Because gambling can be full of loosing money in a long run, so the profit you are saying is very seldom to find out in gambling sites.
hero member
Activity: 714
Merit: 501
February 24, 2017, 08:50:55 AM
Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley
No, betking already lowered the min investment to 0.01 btc.
Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there

Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot
I would also recommend Crypto-Games for Bitcoin and Altcoin investments.
They have really good bankroll management from investors point of view, because they limit the max win amount, so sudden losses due to varience are minimal.

very interesting.
from what i have experienced their return for the investors has been pretty solid without any bad week so far.

but about what you said, all the gambling sites restrict the win amount, so what is the difference here in crypto-games? do you happen to know how much is the limitation for winning?
legendary
Activity: 1792
Merit: 1283
February 24, 2017, 08:42:38 AM
Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley
No, betking already lowered the min investment to 0.01 btc.
Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there

Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot
I would also recommend Crypto-Games for Bitcoin and Altcoin investments.
They have really good bankroll management from investors point of view, because they limit the max win amount, so sudden losses due to varience are minimal.
legendary
Activity: 1470
Merit: 1002
February 24, 2017, 08:31:58 AM
Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley
No, betking already lowered the min investment to 0.01 btc.
Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there

Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot

My first investment is also justdice and btc casino was just starting at that time. I remember justdice is still accept btc at that time. And i got to see people bet as high as 500btc in one shot. The bankroll can change from positive 2000btc to 0btc within 10min. It is really crazy to see the bankroll varies so much and it is giving me a lot of heart attack.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
February 24, 2017, 05:45:13 AM
Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley
No, betking already lowered the min investment to 0.01 btc.
Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there

Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot
hero member
Activity: 756
Merit: 505
February 24, 2017, 05:00:38 AM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.

Sometimes it's not about luck. You just need to look for the right casino to invest your bitcoins. Because if you will always rely with luck for sure that you will not have any progress. But if you are going to keep looking for the right place to invest your bitcoins and doing some research you can lessen the choice of losing your investment.

Also, the concept of luck is for the gamblers and players to perceive and think about. If you are an investor, meaning you are part of the casino. The casino's computation is solid. In the long-run, the casinos win. That is a fact. An infinite number of games would result to the casino always winning over its players.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 24, 2017, 04:49:10 AM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.

Sometimes it's not about luck. You just need to look for the right casino to invest your bitcoins. Because if you will always rely with luck for sure that you will not have any progress. But if you are going to keep looking for the right place to invest your bitcoins and doing some research you can lessen the choice of losing your investment.
hero member
Activity: 756
Merit: 505
February 24, 2017, 04:17:14 AM
In fact I invested quite a lot in many different casinos and...

And now what I'm really afraid of is to see the owners leaving with the money :/
I didn't think about that at first. Seeinf only the risk of the site losing money
But now I start wondering about this risk too, because if that happens you lose everything :/
We should really take the risk before we do decide to put our money on gambling bankrolls because every investment do really the risk on losing all the money thats why its really important if we do have enough money to invest we should really not put our eggs on a single basket.
Yes. And in fact his is a big problem. In btc community relationships are built on trust. And for a year I guess the trust may remain very good. However, if you invest in a very popular casino, it wil take years bafore you start getting profit. And anything can happen at that time. The owner can decide to take all the money and dissappear or can sell the casino to somebody else who will lead the casino to its death.. That is why I decided not to invest in casinos, they are too changeable.
It doesn't take years to profit from casinos, from my experience from investing in them. Usually it just takes one high roller to just lose it all in a long losing streak and you can even double your money instantly. The fear though that the owner might run away with your coins is a legitimate feeling and will not go away however.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
February 24, 2017, 04:04:22 AM
In fact I invested quite a lot in many different casinos and...

And now what I'm really afraid of is to see the owners leaving with the money :/
I didn't think about that at first. Seeinf only the risk of the site losing money
But now I start wondering about this risk too, because if that happens you lose everything :/
We should really take the risk before we do decide to put our money on gambling bankrolls because every investment do really the risk on losing all the money thats why its really important if we do have enough money to invest we should really not put our eggs on a single basket.
Yes. And in fact his is a big problem. In btc community relationships are built on trust. And for a year I guess the trust may remain very good. However, if you invest in a very popular casino, it wil take years bafore you start getting profit. And anything can happen at that time. The owner can decide to take all the money and dissappear or can sell the casino to somebody else who will lead the casino to its death.. That is why I decided not to invest in casinos, they are too changeable.
legendary
Activity: 3094
Merit: 1127
February 24, 2017, 02:51:52 AM

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?
Hahaha if i were you don't invest your bitcoin into investment website well you will lost that and your just waiting for small profit and yes gambling sites that offered investment is really low percentage of earning per month and if you are going to choose trading than this you can make it i swear.
You're not making any sense here, he's not talking about investing in an investment website, so why mention that?
And the ROI from a gambling website can be paid out daily and while it's a low percentage, if you invest enough you can make pretty big profits from that daily.
True,since we are not talking about that investment website and we are mentioning here about gambling bankrolls but still an investment. If it does give on daily profits even on small percentage then its still fine and as you mentioned if we do love to see big percentage on daily basis then we should invest big to earn big.
sr. member
Activity: 266
Merit: 250
Yueno
February 24, 2017, 02:51:29 AM
Sometimes i lost my investment in gambling site because of luck. I am in a badluck and it pertains to a destiny for me. But sometimes i am on goodluck which win my investments.
legendary
Activity: 1792
Merit: 1283
February 24, 2017, 02:49:08 AM

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?
Hahaha if i were you don't invest your bitcoin into investment website well you will lost that and your just waiting for small profit and yes gambling sites that offered investment is really low percentage of earning per month and if you are going to choose trading than this you can make it i swear.
You're not making any sense here, he's not talking about investing in an investment website, so why mention that?
And the ROI from a gambling website can be paid out daily and while it's a low percentage, if you invest enough you can make pretty big profits from that daily.
hero member
Activity: 1302
Merit: 540
February 24, 2017, 02:09:40 AM
In fact I invested quite a lot in many different casinos and...

And now what I'm really afraid of is to see the owners leaving with the money :/
I didn't think about that at first. Seeinf only the risk of the site losing money
But now I start wondering about this risk too, because if that happens you lose everything :/
We should really take the risk before we do decide to put our money on gambling bankrolls because every investment do really the risk on losing all the money thats why its really important if we do have enough money to invest we should really not put our eggs on a single basket.
Well testing the water and know how deep is an ocean should be taking place before we decide placing our money, as we knew that risk still present we supposed to know how would be the possible outcome of our investment.
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