Topic: Should I invest in bitcoin casinos? - page 35. (Read 30336 times)
Risky!!!....It really depends on the gambling establishment that you're contemplating investing your money into, and the rate of return you expect for your investment. At first glance, I would say no you shouldn't invest into such a risky proposition, but if you can negotiate sound terms and be fortunate enough to find a reputable establishment to accept your investment, then it could be a quite lucrative venture.
There surely are better things to invest in than casinos. 
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
Indeed the best way to grow your bitcoins is investing and what can be better than investing in gambling site ? almost 1 lakh people gamble wth btc and they are sure to loose their money sooner or later. Dont know what can be better than investing in casinos.
You'd have better luck investing in a casino then actually betting in it. It depends on the casino though.
You may have better luck investing in a casino (for the odds are in your favor) but it depends on the variance, really. There's still about the same chance (plus the house edge of course) to lose your money as if you were gambling for real. However, what's really scary is if you own a significant portion of the total investments. Your investment is impacted almost directly and you could lose a huge amount. It's a risk. You have the advantage of a house edge, but there would be so many people trying to fight you. Imagine someone depositing 0.1 and rolling x998? Youre in deep shit. You just have to ask yourself whether you believe in the house edge or not.
Not really the case who ever has the largest part of the pot is out of luck but the more investors there is the less risk you are at loses huge amounts because the losses are spread out. 
It's a risk. You have the advantage of a house edge, but there would be so many people trying to fight you. Imagine someone depositing 0.1 and rolling x998? Youre in deep shit. You just have to ask yourself whether you believe in the house edge or not.
I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
What sort of returns should I expect
nice amount, if i have that kind of amount, i will not invest it all in a casino, i will divide it and deposit half in casino , the other half i will use it to buy bitcoin and stock it in my wallet until price goes up that i will be able to profit alot. but its up to you where you invest it all or not
I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
That good amount of money to start everything related gambling,invest in casino or other gambling will make proft with easy way,but also have risk,some bitcoin gambling site always run with so many bitcoins,and leave investors. What sort of returns should I expect
the casino it has became to risky to invest in it,i think yoy should go to lending sites or in cloudmining like hashnest.com
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course
so far the investment i had for casino payout is quite good. i use moneypot and i have tried it for over a year and so far i quite enjoy it.
ya investment in the casino can be quite profitable, because the homeowner usually more lucky than player.
a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course
so far the investment i had for casino payout is quite good. i use moneypot and i have tried it for over a year and so far i quite enjoy it.
a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course
Little useful advice here. $3k is nowhere near enough to start a profitable casino website unless you are a great programmer, brilliant at customer service and good at marketing. A combination not many people have.
I used to invest in Just dice. There was a large hiccup but overall it was very profitable. I belive I trippled my investment in a fairly short time scale. Ive not bothered since it moved to clams as I could end up with 10 times more clams and still lose money if the value of clams collapses, but I am still tempted.
I have never tried any of the other investment in gambling sites because I either didn't trust the site would exist 1 year later or there was not enough players or house edge to make the investment in the house bank roll risk worth the potential profit. Put simply if there is a 50% chance any site goes walkies with my bitcoins then I want to be able to make 200% in 12 months or I am not going to risk it!
I would love to know if there are any btc gambling sites that people are currently invested in that are making significant long term profits.
I used to invest in Just dice. There was a large hiccup but overall it was very profitable. I belive I trippled my investment in a fairly short time scale. Ive not bothered since it moved to clams as I could end up with 10 times more clams and still lose money if the value of clams collapses, but I am still tempted.
I have never tried any of the other investment in gambling sites because I either didn't trust the site would exist 1 year later or there was not enough players or house edge to make the investment in the house bank roll risk worth the potential profit. Put simply if there is a 50% chance any site goes walkies with my bitcoins then I want to be able to make 200% in 12 months or I am not going to risk it!
I would love to know if there are any btc gambling sites that people are currently invested in that are making significant long term profits.
Im on the same boat. Got some spare BTC that I would like to invest instead of having 100% of my BTC sitting on cold storage. i was looking around at casino deals and there seems to be very few casinos that have survived for a long time. PrimeDice is probably the site I trust the most, it has proved over the years that it can survive while delivering a good experience. I remember Stunna is like a lot here because his sig campaign had great rates and ran for a long period, I wish it came back.
Anyway, I can't think of many sites that have survived more than 2 years, which is where I start considering a site to be solid at least in the cryptospace.
There is always risk involved in investing, otherwise everybody would invest.
But there are ways no minimalize the risk, maybe invest in multiple different casino's.
Look for casino's that have been around for more than 1 year with a good reputation.
Little useful advice here. $3k is nowhere near enough to start a profitable casino website unless you are a great programmer, brilliant at customer service and good at marketing. A combination not many people have.
I used to invest in Just dice. There was a large hiccup but overall it was very profitable. I belive I trippled my investment in a fairly short time scale. Ive not bothered since it moved to clams as I could end up with 10 times more clams and still lose money if the value of clams collapses, but I am still tempted.
I have never tried any of the other investment in gambling sites because I either didn't trust the site would exist 1 year later or there was not enough players or house edge to make the investment in the house bank roll risk worth the potential profit. Put simply if there is a 50% chance any site goes walkies with my bitcoins then I want to be able to make 200% in 12 months or I am not going to risk it!
I would love to know if there are any btc gambling sites that people are currently invested in that are making significant long term profits.
I used to invest in Just dice. There was a large hiccup but overall it was very profitable. I belive I trippled my investment in a fairly short time scale. Ive not bothered since it moved to clams as I could end up with 10 times more clams and still lose money if the value of clams collapses, but I am still tempted.
I have never tried any of the other investment in gambling sites because I either didn't trust the site would exist 1 year later or there was not enough players or house edge to make the investment in the house bank roll risk worth the potential profit. Put simply if there is a 50% chance any site goes walkies with my bitcoins then I want to be able to make 200% in 12 months or I am not going to risk it!
I would love to know if there are any btc gambling sites that people are currently invested in that are making significant long term profits.
Im on the same boat. Got some spare BTC that I would like to invest instead of having 100% of my BTC sitting on cold storage. i was looking around at casino deals and there seems to be very few casinos that have survived for a long time. PrimeDice is probably the site I trust the most, it has proved over the years that it can survive while delivering a good experience. I remember Stunna is like a lot here because his sig campaign had great rates and ran for a long period, I wish it came back.
Anyway, I can't think of many sites that have survived more than 2 years, which is where I start considering a site to be solid at least in the cryptospace.
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
Of course there is small benefit for small invested amount .
But imagine if you invested 1,000 bitcoin you would receive 10 to 20 bitcoin monthly or even higher if you set the risk level on higher too.
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
this link can help for those who want to try investing in casino https://betking.io/help/investment
some investors there are experience good profit.. because we know house is always win..
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
Surely, investment on gambling site is profitable. When people gamble and win, they surely would try for a big one and ultimately lose. You just need to find some serious gambling sites which are transparent and have large user size. Place a good amount and watch your profit grow. Personally I have invested in two sites and both have good profit.
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
There surely are better things to invest in than casinos.
So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
no it is very risk it is same as gambling too maybe in long run it may profitable but the site can shutdown anytime
You are partly right about that but I think its pretty safe to do this in a already existing casino website.
It can in my opinion be very profitable because this whole scene is upcoming.
Yes it is little bit risk to investing on other casino's but you can create your own casino if you have that much amount means yes if we have money we can make one team and we will create our own business so here profit and loss both will be in our side. Instead of this you can invest on other casinos means if they shut down there site means that's it gone everything.
By creating your own casino, you need to have at least a huge capital in order to finance the development and the marketing aspect, it is really not that simple as what we imagine. Now, if you do not have that resources to establish and online casino then the simple way to do is just to invest in other online casino and take part of their profit. Just remember to exercise caution in investing and put your money only on the trusted one.
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