Topic: Should I invest in bitcoin casinos? - page 22. (Read 30336 times)

Quote from: jakelyson on July 02, 2016, 10:02:23 PM

Yes if you have money to spend. You must invest in bitcoin casinos. It is always beneficial for you. But you must be sure that
casino has well reputation.

of course, that is the basic in investing, make sure you are investing in a profitable business and trustworthy. Bitcoin is increasing in terms of price and since online casinos are profitable, you are like investing receiving a huge amount of interest.

It likely won't be a huge amount of interest, primarily because of the fact that even though there is the potential for a lot of interest to be paid out to the investor, the company will likely want to keep a fixed rate of something like 2% so that they are able to keep a majority of the funds for themselves. We see this in real companies and their dividends, and so such a thing happening with a Bitcoin casino wouldn't surprise me.

Not all companies do have a 2% interest fortheir investors,

Every company have their own explanation regarding the interest that their investors will receive.

One more thing if some of the companies as what you had just said had 2% interest, Then I think It is still profitable for a big amount of money that are going to be invested on those companies.

Well, if a site or casino has a higher house edge then surely they would have less wagered amount daily, hence you will get almost same on every site, no matter what edge they have because that is compromised with wagering.

Invest on casinos that already have a good number of gambler followers. This will assure you that you will not have a problem on your investment and that it will continue to turn in profit. You have to study the gambling sites first before you give them your money. Make sure they have been around for quite some time and that they have a stable income.

This is only if you have a lot of bitcoins to invest. Sometimes, if you don't have enough bitcoins, you won't gain much in investing in the big casinos, as they have a huge bankroll with many investors. Sometimes, if you want a higher return, you'll have to invest in a smaller site that doesn't have as big of a bankroll, so that you can earn more.

Some small sites are trustworthy and won't run with your money, so you'll want to try to find one of these to invest in, so you can get a higher return with less investment. Investing is sort of like gambling in a way, OP, you'll need to take risks to get big returns.

target

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if there is a exchange site that allows users to invest i might just dive into it without even checking backgrounds

i only notice gambling sites that allow investments though. bitvest.oi seem good.

aranachristianjay

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Quote from: justdimin on July 02, 2016, 04:39:22 PM

Quote from: aranachristianjay on June 29, 2016, 01:33:00 AM

Quote from: justdimin on July 02, 2016, 04:39:22 PM

Yes if you have money to spend. You must invest in bitcoin casinos. It is always beneficial for you. But you must be sure that
casino has well reputation.

of course, that is the basic in investing, make sure you are investing in a profitable business and trustworthy. Bitcoin is increasing in terms of price and since online casinos are profitable, you are like investing receiving a huge amount of interest.

It likely won't be a huge amount of interest, primarily because of the fact that even though there is the potential for a lot of interest to be paid out to the investor, the company will likely want to keep a fixed rate of something like 2% so that they are able to keep a majority of the funds for themselves. We see this in real companies and their dividends, and so such a thing happening with a Bitcoin casino wouldn't surprise me.

Not all companies do have a 2% interest fortheir investors,

Every company have their own explanation regarding the interest that their investors will receive.

One more thing if some of the companies as what you had just said had 2% interest, Then I think It is still profitable for a big amount of money that are going to be invested on those companies.

Well, if a site or casino has a higher house edge then surely they would have less wagered amount daily, hence you will get almost same on every site, no matter what edge they have because that is compromised with wagering.

Invest on casinos that already have a good number of gambler followers. This will assure you that you will not have a problem on your investment and that it will continue to turn in profit. You have to study the gambling sites first before you give them your money. Make sure they have been around for quite some time and that they have a stable income.

Yeah previous post above is right,

Check and do your research regarding on the sites condition whether it is legit or not.

And also try to look for a house that offer a higher percent of interest rather than the most common 2%.

jakelyson

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Quote from: aranachristianjay on June 29, 2016, 01:33:00 AM

Quote from: aranachristianjay on June 29, 2016, 01:33:00 AM

Yes if you have money to spend. You must invest in bitcoin casinos. It is always beneficial for you. But you must be sure that
casino has well reputation.

of course, that is the basic in investing, make sure you are investing in a profitable business and trustworthy. Bitcoin is increasing in terms of price and since online casinos are profitable, you are like investing receiving a huge amount of interest.

It likely won't be a huge amount of interest, primarily because of the fact that even though there is the potential for a lot of interest to be paid out to the investor, the company will likely want to keep a fixed rate of something like 2% so that they are able to keep a majority of the funds for themselves. We see this in real companies and their dividends, and so such a thing happening with a Bitcoin casino wouldn't surprise me.

Not all companies do have a 2% interest fortheir investors,

Every company have their own explanation regarding the interest that their investors will receive.

One more thing if some of the companies as what you had just said had 2% interest, Then I think It is still profitable for a big amount of money that are going to be invested on those companies.

Well, if a site or casino has a higher house edge then surely they would have less wagered amount daily, hence you will get almost same on every site, no matter what edge they have because that is compromised with wagering.

Invest on casinos that already have a good number of gambler followers. This will assure you that you will not have a problem on your investment and that it will continue to turn in profit. You have to study the gambling sites first before you give them your money. Make sure they have been around for quite some time and that they have a stable income.

justdimin

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Quote from: fulgdenea on July 01, 2016, 06:06:41 AM

Yes if you have money to spend. You must invest in bitcoin casinos. It is always beneficial for you. But you must be sure that
casino has well reputation.

of course, that is the basic in investing, make sure you are investing in a profitable business and trustworthy. Bitcoin is increasing in terms of price and since online casinos are profitable, you are like investing receiving a huge amount of interest.

It likely won't be a huge amount of interest, primarily because of the fact that even though there is the potential for a lot of interest to be paid out to the investor, the company will likely want to keep a fixed rate of something like 2% so that they are able to keep a majority of the funds for themselves. We see this in real companies and their dividends, and so such a thing happening with a Bitcoin casino wouldn't surprise me.

Not all companies do have a 2% interest fortheir investors,

Every company have their own explanation regarding the interest that their investors will receive.

One more thing if some of the companies as what you had just said had 2% interest, Then I think It is still profitable for a big amount of money that are going to be invested on those companies.

Well, if a site or casino has a higher house edge then surely they would have less wagered amount daily, hence you will get almost same on every site, no matter what edge they have because that is compromised with wagering.

Tanic

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I didn't quite understand your way of investment. Do you wish to gamble all that money with expectation of some nice profit and that gonna be your investment. Or you wish to invest in some bitcoin casino as a partner and to get profit together with owners of the casino? Well, second variant seems profitable, I think you can really earn on that.

Sidas_Crew669

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It depends on our experience and basically invest into casino bankroll is also have same risk factor like to gamble on it, as I have good experience with my investment into gambling casino and that is why i think if we select low Kelly than we have chance to get survive and can make some profit.

Yes, because the Casino depends on players who use it. So gambling and investing in gambling (casinos) have the same risk. However this is not a problem for people who are glad to invest to the Casino and had a lot of money. Because basically it also depends on the mindset of a person.

goldcoinminer

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Quote from: target on July 02, 2016, 04:22:22 AM

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

its more than enough actually. bitcoin casinos only requires few satoshis for their investors i think most of them only ask 0.01btc which is 6usd.
i'm not sure how much that would grow, of course the bigger your investment, the more profit.

If you will invest on that amount then surely it would not take you anywhere, the ideal amount would range at least $1,000 - up. That is base on my experience because I invested with a little amount but has not really felt the gain.

target

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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

its more than enough actually. bitcoin casinos only requires few satoshis for their investors i think most of them only ask 0.01btc which is 6usd.
i'm not sure how much that would grow, of course the bigger your investment, the more profit.

danherbias07

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Quote from: jakelyson on July 02, 2016, 02:55:39 AM

Quote from: Bavaria on July 01, 2016, 06:13:47 AM

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 suggest you to invest this $3000 in Bitcoin. It`s sure that you will loose nothing while in casino you risk everything.

It is only a risk if you will gamble on a casino. But if you are investing on it, then you are good. You know, it is like what they always say, the house always win. You are part of the house when you invest in them, so you always win and your money will grow. Just be careful on what online casino you are investing. Choose the one that are established and have a good reputation.

He is definitely right. There are too many "wannabe" rich thru this kind of method. Creating a gambling site then closing it with no further notice. Better look for some advice from old timers

Zooplus

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Quote from: jakelyson on July 02, 2016, 02:55:39 AM

Quote from: Bavaria on July 01, 2016, 06:13:47 AM

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 suggest you to invest this $3000 in Bitcoin. It`s sure that you will loose nothing while in casino you risk everything.

It is only a risk if you will gamble on a casino. But if you are investing on it, then you are good. You know, it is like what they always say, the house always win. You are part of the house when you invest in them, so you always win and your money will grow. Just be careful on what online casino you are investing. Choose the one that are established and have a good reputation.

The is the reality that we cannot debate, investing in a casino is always profitable due to the reality that casinos always wins and gamblers always lose, that alone would already prove your chances, but the amount of you can earn in investing is not that big when you are lucky in gambling so its your decision to choose which side are you.

jakelyson

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Quote from: Bavaria on July 01, 2016, 06:13:47 AM

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 suggest you to invest this $3000 in Bitcoin. It`s sure that you will loose nothing while in casino you risk everything.

It is only a risk if you will gamble on a casino. But if you are investing on it, then you are good. You know, it is like what they always say, the house always win. You are part of the house when you invest in them, so you always win and your money will grow. Just be careful on what online casino you are investing. Choose the one that are established and have a good reputation.

Hatuferu

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Quote from: prtty2gal2 on July 01, 2016, 11:05:33 AM

Quote from: Hatuferu on June 29, 2016, 01:44:20 AM

Quote from: Hatuferu on June 29, 2016, 01:44:20 AM

Yes if you have money to spend. You must invest in bitcoin casinos. It is always beneficial for you. But you must be sure that
casino has well reputation.

of course, that is the basic in investing, make sure you are investing in a profitable business and trustworthy. Bitcoin is increasing in terms of price and since online casinos are profitable, you are like investing receiving a huge amount of interest.

It likely won't be a huge amount of interest, primarily because of the fact that even though there is the potential for a lot of interest to be paid out to the investor, the company will likely want to keep a fixed rate of something like 2% so that they are able to keep a majority of the funds for themselves. We see this in real companies and their dividends, and so such a thing happening with a Bitcoin casino wouldn't surprise me.

I don't think casinos offers fixed interest rate, what casinos offer is depend on your ownership in the total bankroll or moneypot. It they will offer a fixed rate then that is not exciting to invest, just to make clear here, we lose and win depends on our percentage of sharing on our investment.

Yes obviously, they give you a percentage as of how much you have invested as compared to the total investment. Hence you can expect the payouts accordingly, for example if a site gets 1 btc wagered and you have 10% investment then expect 0.001 btc profit ( given that the edge is 1% )

Regardless, but one thing is sure with investing in an online casino is they always wins and with that being said it should be the more you invest the more profit is expected for you.

prtty2gal2

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