Topic: Should I invest in bitcoin casinos? - page 14. (Read 30336 times)

Quote from: RealPhotoshoper on July 14, 2016, 01:26:42 AM

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

invest in bitcoin casino needed a large bankroll, it is not worth if you only put $100 investment.
many casino offering low minimum investment below $100 , i dont think it will profitable.
however risking your money to invest in casino is better than have to gamble it directly.

That is just normal because investing in casinos offers only small interest of your investment so you are force to invest a decent amount in order to make money out from your investment, if you don't have a good amount then just don't bother to be an investor, better play and hope you win so you can shift to investing.

Well, small interest is better when you know you are in safe investment and I believe investing in casinos are safe when you know how to spot the legitimate casinos in the crypto world and due to many casinos have been coming out to start their operation you can easily diversify your investment.

Positid

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don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

invest in bitcoin casino needed a large bankroll, it is not worth if you only put $100 investment.
many casino offering low minimum investment below $100 , i dont think it will profitable.
however risking your money to invest in casino is better than have to gamble it directly.

That is just normal because investing in casinos offers only small interest of your investment so you are force to invest a decent amount in order to make money out from your investment, if you don't have a good amount then just don't bother to be an investor, better play and hope you win so you can shift to investing.

RealPhotoshoper

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Quote from: Positid on July 14, 2016, 12:59:26 AM

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

invest in bitcoin casino needed a large bankroll, it is not worth if you only put $100 investment.
many casino offering low minimum investment below $100 , i dont think it will profitable.
however risking your money to invest in casino is better than have to gamble it directly.

ranlo

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Quote from: hermanhs09 on July 13, 2016, 05:57:35 PM

Quote from: kryptqnick on July 13, 2016, 02:47:42 PM

I agree with those who say it is quite a risk. But if you're going to invest than choose at least an old strong casino, because all these new things appearing a lot are very unreliable

My opinion it that it is not actually risky at all,if you can find good,trust-worthy bitcoin casino.
I use crypto-games,and it is really fine for me,i get decent money everyday,so i like it

That is pretty good to hear, it is good to have a daily income by investing in a casino but I think we need to put up a decent amount to be able to enjoy our profit otherwise we will be tempted to gamble our money.

It's like anything else, the more you invest, the more you can earn/lose. This should be obvious. If you bought 1 share of APPL and it doubled, you'd be up by 1xInvested. If you bought 500 shares of APPL and it doubled you'd be up 1xInvested. Your increase as a % is the same, but you earned more. Not sure why so many people still don't get this obvious concept.

Positid

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Quote from: hermanhs09 on July 13, 2016, 05:57:35 PM

Quote from: kryptqnick on July 13, 2016, 02:47:42 PM

I agree with those who say it is quite a risk. But if you're going to invest than choose at least an old strong casino, because all these new things appearing a lot are very unreliable

My opinion it that it is not actually risky at all,if you can find good,trust-worthy bitcoin casino.
I use crypto-games,and it is really fine for me,i get decent money everyday,so i like it

That is pretty good to hear, it is good to have a daily income by investing in a casino but I think we need to put up a decent amount to be able to enjoy our profit otherwise we will be tempted to gamble our money.

hermanhs09

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Quote from: kryptqnick on July 13, 2016, 02:47:42 PM

I agree with those who say it is quite a risk. But if you're going to invest than choose at least an old strong casino, because all these new things appearing a lot are very unreliable

My opinion it that it is not actually risky at all,if you can find good,trust-worthy bitcoin casino.
I use crypto-games,and it is really fine for me,i get decent money everyday,so i like it

lionheart78

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Quote from: cashwarrior01 on March 16, 2016, 03:30:33 AM

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

I think you should invest bitcoin in casinos, not gamble it in there. Anyone who played any amount of time at a casino knows that theodds always favor the house. After all, gaming wouldn't be here for a long time if they didn't retain an edge for themselves. You can bet with the house or buy a share on that money pot. Either way there is more chance for you to take a profit. About the return, it depends on the rules of the casino on how they distribute the profit to their shareholder. But you can expect a positive return on this stuff.

kryptqnick

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I agree with those who say it is quite a risk. But if you're going to invest than choose at least an old strong casino, because all these new things appearing a lot are very unreliable

Maesters1-

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Quote from: Hatuferu on July 13, 2016, 03:20:23 AM

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

if a person has good experience of gambling and he know the tricks of gambling i think he should invest in gambling then. because it is the shorted way of earning money. although it is too risky.

Ryan Dugan

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If you want to invest a large mmount I'm that moneypot don't mind transparent and you what's going on.

lorylore

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Quote from: ranlo on July 13, 2016, 02:57:10 AM

Quote from: Hatuferu on July 13, 2016, 02:41:43 AM

Quote from: ranlo on July 13, 2016, 02:39:41 AM

Quote from: shulio on July 13, 2016, 02:33:53 AM

Quote from: hatshepsut93 on July 13, 2016, 02:19:55 AM

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

I don't really rely on ratios because I still believe in the end that investing in a casinos is profitable, I have a conservative projection of my investment and I would be happy if I can hit like 50% a year.

MP would have you up 100%+ over the past 7 months if you invested in December, :p.

That's great to hear, but the recent DDOS attack of the site makes some of the investors move, I mean does it affect the players as well to move out. Why Moneypot is so profitable to invest compared to other sites? I really don't get it although I have invested a little amount.

One of the reason why MP is so successful is that it is able to have a lot of people playing at the different sites. The daily wages are quite a lot and the profit is very significant at the start but then the bankroll increase from 400btc to 1.5k btc within very short time so now the profit is not so much. There is a few cases whereby the bankroll also took a huge dent in certain months but it was recovered. I predict the recover will be 2-3months long from my previous experience with MP but it only took 1 month which means it is getting more and more successful.

goldcoinminer

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Quote from: Jmild1 on July 13, 2016, 08:50:56 AM

Quote from: goldcoinminer on July 13, 2016, 08:47:44 AM

Quote from: goldcoinminer on July 13, 2016, 08:47:44 AM

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

It will be less risky when you invest in a popular casino which is profitable as they will not stake their reputation and lose money, they should protect it by any means and that would make you safe with your investment.

Casino owners should also explain to you as an investor how they calculate your profit and how can you observe it. It is better for you and for them to have a transparency.

As investors you need to know that and most legitimate online casino are very transparent with the terms to attract investors so this is nothing to worry as long as you choose a trusted casino.

Jmild1

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don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

It will be less risky when you invest in a popular casino which is profitable as they will not stake their reputation and lose money, they should protect it by any means and that would make you safe with your investment.

Casino owners should also explain to you as an investor how they calculate your profit and how can you observe it. It is better for you and for them to have a transparency.

goldcoinminer

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Activity: 952

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don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

That is true, and that is the risk one should take if they want to make money from these casino sites investments. So it is better to find an old and trusted sites to invest instead of putting our money on any new sites. Also, diversify your investments into few good sites to reduce your losses from this kind of issues.

It will be less risky when you invest in a popular casino which is profitable as they will not stake their reputation and lose money, they should protect it by any means and that would make you safe with your investment.

fullypak

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