Nope.
Do you know the casino owner personally? Probably no. How you gonna trust him then? How do you if he is not gonna scam you?
Risky activity.
Topic: Should I invest in bitcoin casinos? - page 40. (Read 30336 times)
only having the funds and making a casino is not going to make profit for the owner.
This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit
The math isn't really hard, success of casino depends on it's visual design and marketing.
Instead of investing that much huge money in other casino's better you can make one good team and create your own casino that is the better ideo and you can make huge profit there if you invest in other casinos means that is not 100 percent sure that you may get your money back. There is a posibalites are there to make money in investing but it's all depend on which casino you are choosing to invest that casino should be very popular then you can make money here.
That one of the factors also, you have to consider all the factors that would affect the future of your business if you are making a casino. You need to compete with other casinos, now, if you don't have that skills to create a casino, try to just invest in a well established casino around.
only having the funds and making a casino is not going to make profit for the owner.
This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit
The math isn't really hard, success of casino depends on it's visual design and marketing.
only having the funds and making a casino is not going to make profit for the owner.
This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit
The math isn't really hard, success of casino depends on it's visual design and marketing.
only having the funds and making a casino is not going to make profit for the owner.
This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit
only having the funds and making a casino is not going to make profit for the owner.
This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit
I have to say that it would be good to invest in a bitcoin casino because its getting more popular by day.
Another nice thing is that I also think its profitable although I do not know this for sure because I never did it.
Another nice thing is that I also think its profitable although I do not know this for sure because I never did it.
Investing in Bitcoin casinos will be only nice if you are lucky with it and that is hard to know that so you have to take some risks if you are going to make an investment.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
it is risky but not as a high chance investment like gambling itself, you are investing in the "house" bank roll so since everybody knows that house always wins there is always a very little chance of losing money when you make such an investment in these casinos. you should only look for a legit casino to invest.
well, that is right.
although investing in a bitcoin casino is risky both because they may run away with the funds and the risk of house losing to a lucky gambler, i think despite that this investment is profitable over the long run too.
if i am not mistaken it was moneypot (maybe another casino because i checked this long ago and i don't recall the name) that had negative profit because some big plater had won a large amount in one of the games but it has recovered from the loss now.
I don't know if you should invest i think it depends about how much money
you want to invest to make you're winning position better.
you want to invest to make you're winning position better.
I think, you confused about the thread topic, The discussion is about whether individuals can invest in casinos to take the advantage of always houses are going win at the end. In gambling yes, if you have a bigger bankroll then you got a better chance to make some money but it will not give any kind guaranty that one will win with the bigger bankroll.
i have invested in moneypot and so far it is quite good. there is time when the whale really take a huge hit on the bankroll but it is recovered. the last hit was like 20 over btc and it took like 2-3months to cover back. However, from then on, it keeps going up.
Investing in Bitcoin casinos will be only nice if you are lucky with it and that is hard to know that so you have to take some risks if you are going to make an investment.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
it is risky but not as a high chance investment like gambling itself, you are investing in the "house" bank roll so since everybody knows that house always wins there is always a very little chance of losing money when you make such an investment in these casinos. you should only look for a legit casino to invest.
Investing in Bitcoin casinos will be only nice if you are lucky with it and that is hard to know that so you have to take some risks if you are going to make an investment.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
it is risky but not as a high chance investment like gambling itself, you are investing in the "house" bank roll so since everybody knows that house always wins there is always a very little chance of losing money when you make such an investment in these casinos. you should only look for a legit casino to invest.
Investing in Bitcoin casinos will be only nice if you are lucky with it and that is hard to know that so you have to take some risks if you are going to make an investment.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
And you also dont even know how much you can earn with it so that is also risky and losing is also a high chance.
I don't know if you should invest i think it depends about how much money
you want to invest to make you're winning position better.
you want to invest to make you're winning position better.
I think, you confused about the thread topic, The discussion is about whether individuals can invest in casinos to take the advantage of always houses are going win at the end. In gambling yes, if you have a bigger bankroll then you got a better chance to make some money but it will not give any kind guaranty that one will win with the bigger bankroll.
I don't know if you should invest i think it depends about how much money
you want to invest to make you're winning position better.
you want to invest to make you're winning position better.
I think, you confused about the thread topic, The discussion is about whether individuals can invest in casinos to take the advantage of always houses are going win at the end. In gambling yes, if you have a bigger bankroll then you got a better chance to make some money but it will not give any kind guaranty that one will win with the bigger bankroll.
I don't know if you should invest i think it depends about how much money
you want to invest to make you're winning position better.
you want to invest to make you're winning position better.
It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.
Investing bitcoin in a casino is good thinking but as my mate said create your own casino this better because in gambling history only gamblers loss there money not house so you will any how make huge profit here because there are lot of count less gamblers are there the only way is ti make your casino to addict them that's it later on only profit you will see.It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.
Investing bitcoin in a casino is good thinking but as my mate said create your own casino this better because in gambling history only gamblers loss there money not house so you will any how make huge profit here because there are lot of count less gamblers are there the only way is ti make your casino to addict them that's it later on only profit you will see.
It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.
But at the end money is always better through investment than in a pockets. Just try to lower your risks and invest in what you believe it is right. Every beginning is very hard, try to connect to managers of already known casinos for advices if the are wiling to give them for free.
Generally you should not invest in a Bitcoin casino. Many potential problems:
1. The operators may disappear with your investment.
2. The site may be hacked resulting in a loss of all or most of their BTC
3. A high roller might "break the bank". Betting limits help limit this but incredible win streaks do happen.
4. A cheater might exploit loopholes in the software to gain an edge
5. The business is mysteriously unprofitable for "unknown" reasons that the operators blame on variance
6. The site may be shut down, sometimes permanently, by denial of service type attacks. Don't expect quick refunds of your investment if this occurs - operators may spend a fortune trying to get it back online.
1. The operators may disappear with your investment.
2. The site may be hacked resulting in a loss of all or most of their BTC
3. A high roller might "break the bank". Betting limits help limit this but incredible win streaks do happen.
4. A cheater might exploit loopholes in the software to gain an edge
5. The business is mysteriously unprofitable for "unknown" reasons that the operators blame on variance
6. The site may be shut down, sometimes permanently, by denial of service type attacks. Don't expect quick refunds of your investment if this occurs - operators may spend a fortune trying to get it back online.
You make very valid points however most people would trust a website that has been out for a few years. Many Legendary members are very honest people and won't run off with your money; however its always a possibilty.
All websites can get hacked, even the most secure, thats why most of the BTC is on cold storage.
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