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Topic: Should I invest in bitcoin casinos? - page 37. (Read 30336 times)

legendary
Activity: 924
Merit: 1002
May 16, 2016, 03:29:49 PM
I put some Bitcoins and CALM I have like an investment to Casino I selected.
When you check some basic facts about Casino and their reputation it`s good investment. There is allways risk, but it can be minimized. Just check it and do not put all eggs to one basket.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
May 16, 2016, 02:17:28 PM
Its your self decision if you are invest it or not.. risk is always there.. even you are just holding it with your wallet.. many hackers out there.. and if you just invest it like in betking.io its still risky you are not against the houseedge. and you are the partner of the owner.. .
So better to invest it in casino like betking.io because they are legit.. as of now..
legendary
Activity: 2030
Merit: 1030
Privacy is always important
May 16, 2016, 01:40:17 PM
Betking io is now alive you can try to invest there if you still make a profit just to invest as houseedge.. i never tried this investment but maybe this is like the same as moneypot but i heard that your balance in moneypot will drain without notice..
legendary
Activity: 1218
Merit: 1003
May 16, 2016, 01:25:31 PM
Just Dice isn't doesn't take bitcoin and isn't a casino, but I would say that you are very safe investing with them.

I generally don't invest in Casinos as it is too dangerous.  I think that money corrupts, and even those good people who start with good intentions can be corrupted when hundred of bitcoins are sitting in their wallet and they are essentially anonymous.

There are a few that seem safe to invest in, but plenty of safe investments have gone badly in the crypto world before, so don't put all your eggs in one basket would be my advice.
hero member
Activity: 1204
Merit: 500
May 16, 2016, 01:13:35 PM
I only suggest that do not invest for now. but if that's what you want, you have to take risks, if it is really going to make a profit, then do not hesitate to invest your money in a casino
legendary
Activity: 1470
Merit: 1002
May 16, 2016, 01:01:45 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house

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

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house


i disagree. the place where people lose most will be a place that people dont like to come. instead i will say look for a place that has huge volume. so in the long run, you can even gain more from the huge volume of flow.
sr. member
Activity: 420
Merit: 250
May 16, 2016, 12:34:51 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
You say that you have $3000 to invest so you are going to invest it. It is worth if the casino is succesful and the casinos admin is trusted. But if i were you i invested it in many site so if one site is not succesful. You have a chance to earn in other site. But if you are not ready to loose $3000 USD dont invest it.
legendary
Activity: 1190
Merit: 1002
May 16, 2016, 12:20:06 PM
I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.

You are correct, investing in Gambling Casino site is just like you are playing gambling casinos, if any user stucks the luck of jackpot and win high odd then the house goes in negative so that will affect your investment also, and if any gambling site just shut the site and run away that loss is also beard by you only.

So it is not like investing in gambling sites will give you 100% profit.
hero member
Activity: 532
Merit: 500
May 16, 2016, 11:18:44 AM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house
hero member
Activity: 952
Merit: 500
May 14, 2016, 09:51:25 PM
I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.
I think it is guaranteed if you know how to manage your investment,that being said, you need to have at least a decent amount of investment. By earning from your investment of at least 1% per day is a good profit already. Your investment cannot be max out if you have invested  a huge amount.
sr. member
Activity: 332
Merit: 250
May 14, 2016, 09:05:09 PM
I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.
hero member
Activity: 616
Merit: 500
May 14, 2016, 08:13:37 PM
I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
member
Activity: 84
Merit: 10
May 14, 2016, 07:29:31 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks

Some casino's offer investment options on their website. You can contact them and ask for the terms. I am not aware how it goes and how much of your money is at risk.
If you 'promise' a decent profit percentage without any risk then it's safe to do.

This is just me, but if I were the OP I would just skip everything with only known websites.

And convert the btc into clam or whatever and invest with just-dice investment side.
hero member
Activity: 891
Merit: 500
May 14, 2016, 06:51:22 PM
Investing in a casino is almost like gambling itself but it is +EV over time. You can definitely take a huge loss from the casino are make a huge gain. It pretty much luck whether you will make money in the long run. But it is way much better than gambling and if it's between those 2 investing all the way.
hero member
Activity: 504
Merit: 500
May 14, 2016, 06:21:39 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You need to know what risks would you get if you go to invest in gambling sites. you should know that in gambling. you have a chance to lose and win and a risk to your money. so is it you still interesting now?
hero member
Activity: 714
Merit: 500
May 14, 2016, 05:17:03 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks

Some casino's offer investment options on their website. You can contact them and ask for the terms. I am not aware how it goes and how much of your money is at risk.
If you 'promise' a decent profit percentage without any risk then it's safe to do.
sr. member
Activity: 406
Merit: 250
May 14, 2016, 03:28:27 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing.

i think with that much money you can even start your own casino and not need anybody else.

$3000 is nearly 6.6BTC which is more than enough to get you started with setting up a website and pay for developement and coding.

Its more then enough to get your started to setup a website.

But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye.

$3000 might be enough to start the website but it won't be enough to hire a programmer to enchance the code to prevent it from being hacked or cheated and you will need a larger bankroll incase a whale gambles on your site.

3k Is not even enough to cover security. To protect your server and site you need to buy tools, have your site audited by a security firm etc.
To have a full setup i would reckon to reserve at least 15k.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
May 14, 2016, 02:39:51 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing.

i think with that much money you can even start your own casino and not need anybody else.

$3000 is nearly 6.6BTC which is more than enough to get you started with setting up a website and pay for developement and coding.

Its more then enough to get your started to setup a website.

But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye.

$3000 might be enough to start the website but it won't be enough to hire a programmer to enchance the code to prevent it from being hacked or cheated and you will need a larger bankroll incase a whale gambles on your site.
full member
Activity: 135
Merit: 100
May 14, 2016, 02:36:44 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing.

i think with that much money you can even start your own casino and not need anybody else.

$3000 is nearly 6.6BTC which is more than enough to get you started with setting up a website and pay for developement and coding.

Its more then enough to get your started to setup a website.

But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye.
sr. member
Activity: 420
Merit: 250
May 14, 2016, 02:30:35 PM
With 3000 USD as an amount , in my region, a not so well developed group of countries , you can open a business, like an internet coffe or you can even buy 1 used car and sell it for more,  or even open a shop of electrical materials. Of course these businesses may go wrong, just like can go wrong investing in the wrong casino. Wrong casino is the one in which you invest and a whale comes in and wins big, this remain a wrong casino even if it is the most legit one.
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