Topic: Should I invest in bitcoin casinos? - page 38. (Read 30357 times)

Quote from: roadbits on May 14, 2016, 08:01:12 AM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also.
And with investing money you can also earn money with it but with gambling you are not for sure.

investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too.

True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative.

That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos.

yup, that is why there is a golden rule of investment: 'dont put all your egg in one basket'. you will never know what will happen and if the site you invest close down, you may end up losing all no matter how much you have profit previously.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: ?? on ??

Quote from: hua_hui on May 13, 2016, 12:11:43 PM

Quote from: hua_hui on May 13, 2016, 12:11:43 PM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also.
And with investing money you can also earn money with it but with gambling you are not for sure.

investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too.

True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative.

That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos.

Its true that is the best way of minimizing your risk, if you can do that you can have more profit in the future as long as you invest your money in a trusted site. Careful study is necessary everytime you put an investment in a particular online gambling sites.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also.
And with investing money you can also earn money with it but with gambling you are not for sure.

investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too.

True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative.

That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos.

hua_hui

legendary

Activity: 1386

Merit: 1016

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also.
And with investing money you can also earn money with it but with gambling you are not for sure.

investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too.

Fofofolo

member

Activity: 107

Merit: 10

Quote from: aakashsangwan on May 06, 2016, 02:05:16 AM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also.
And with investing money you can also earn money with it but with gambling you are not for sure.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

It is a very good investment option. It is good way of making money in less time. Bitcoin casinos usually run in profit. So your money would be safe.

The better strategy is to invest a huge amount of coins in an online casino so you would have a good sharing in the profit, the only problem I see is the reliability of the gambling sites. Base on math the house always wins but if they will scam you, your money will be gone forever.

aakashsangwan

hero member

Activity: 994

Merit: 1000

PUGG.io

It is a very good investment option. It is good way of making money in less time. Bitcoin casinos usually run in profit. So your money would be safe.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Falconer on May 05, 2016, 07:37:01 AM

Quote from: gtglener on May 05, 2016, 12:21:13 AM

Quote from: gtglener on May 05, 2016, 12:21:13 AM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount.

yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites.

Then you must have much money if you want to diversify your money on few investments. And, you should learn the growth of company you want to invest, so the chance of scamming will be less, and you wont waste your money to invest on some random companies that you dont know.

That should be done by every investor prior to putting you investment in a certain company, you have to make a thorough research, put into you mind that the amount you invested must earn profit, profit should be the priority why we are investing. You can see a lot of casinos today offering for investment, we can use that opportunity to diversify our investment to minimize the risk.

Falconer

legendary

Activity: 2660

Merit: 1141

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount.

yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites.

Then you must have much money if you want to diversify your money on few investments. And, you should learn the growth of company you want to invest, so the chance of scamming will be less, and you wont waste your money to invest on some random companies that you dont know.

gtglener

hero member

Activity: 575

Merit: 500

Quote from: grim007 on May 04, 2016, 09:21:32 PM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount.

yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites.

Falconer

legendary

Activity: 2660

Merit: 1141

its too risky in gambling site

Its not as risky as playing there, it is bit same like investing in another business projects, where you have known the company profile and its annual or monthly profit. Just seek the casino who people like to play there, where surely have good profit.

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: dukeneptun on May 04, 2016, 05:37:40 PM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount.

You are right actually but investing in an online casino is lucrative as it has a highest return of investment compared to just depositing your money in bank earning a little interest, just be cautious everytime you invest because this venture is only profitable if you can spot a good online casino to invest with.

grim007

sr. member

Activity: 378

Merit: 250

its too risky in gambling site

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: cashwarrior01 on March 16, 2016, 02:30:33 AM

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

What sort of returns should I expect

OP opened the thread and didn't even come again. I'm surprised to see 18 pages of conversation. What did you talk in 340 messages? Replies are almost same. Yes, I would invest it, no I don't invest because it's too risky. It's hilarious, I'm pretty sure you don't even know which casinos accept investment at which conditions.

This thread now not only pointing to OP's plan, but also for every user here who have same plan to invest in bitcoin casino, include me

But yeah some answers are same or even not relevant with the question by OP

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: cashwarrior01 on March 16, 2016, 02:30:33 AM

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount.

dukeneptun

legendary

Activity: 1064

Merit: 1000

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

What sort of returns should I expect

OP opened the thread and didn't even come again. I'm surprised to see 18 pages of conversation. What did you talk in 340 messages? Replies are almost same. Yes, I would invest it, no I don't invest because it's too risky. It's hilarious, I'm pretty sure you don't even know which casinos accept investment at which conditions.

Superways

hero member

Activity: 826

Merit: 502