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Topic: Should I invest in bitcoin casinos? - page 46. (Read 30357 times)

hero member
Activity: 1470
Merit: 655
April 23, 2016, 08:11:20 AM
The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.

This is 100% true. I think who ever is gambling then most of them are high risk takers so they can consider to put some money in these good casinos to take the advantage of house edge. Also your suggestion to diversifying our investments on few good sites is very valid to reduce the risk of losing our investments. I too part some coins in couple of sites and want to increase some more soon.

i am always down with diversifying investment but in this case i think you should diversify your investment method.

i mean the diversify should be like investing part of it in one casino bankroll and the rest in something else like trading or mining or whatever.

just finding one casino to invest in, which is a good place (legit) and has a good house edge and give you a good share of the profit is much better than investing little in multiple places and earning little from each one.
legendary
Activity: 1456
Merit: 1005
April 23, 2016, 08:07:17 AM
The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.

This is 100% true. I think who ever is gambling then most of them are high risk takers so they can consider to put some money in these good casinos to take the advantage of house edge. Also your suggestion to diversifying our investments on few good sites is very valid to reduce the risk of losing our investments. I too part some coins in couple of sites and want to increase some more soon.
legendary
Activity: 1008
Merit: 1060
April 23, 2016, 07:27:12 AM
Investing in casino is always profitable, i had never heard that casino has parished and users take all its money, its ussualy other way...always!
cheers


Unless if the casino has deed of sale or proof of purchase issues. Like if the property or if the building that it's built on has an ongoing case in the court trial. There's a chance that the casino close down and just runaway instead. Anyway, that barely happens because most casino owners are so rich. The property that's going to be used to build a casino doesn't cost that much to them. Smiley

But anyway since we are talking about bitcoin casino here, I doubt that there's no casino that ran away. Considering how much BTC is today, and considering how much BTC a gambling site can have from investors and bettors.
sr. member
Activity: 385
Merit: 250
April 23, 2016, 02:31:15 AM
I think its pretty good to invest in something like that because the market is really coming up for gambling.
A lot of bitcoin users are already gambling with the bitcoin.
Yes its good to invest with the bitcoin and indeed its good to invest in a bitcoin casino right now because the most users that are using the bitcoin are also gambling on online casino that are specially made for the bitcoin.
Its right now booming if you ask me.

I think you are wrong because not all people are gambling with bitcoin. May be most of them but not all, others are trading for sure because it will safer than to gamble all of your coin. Bitcoin is already booming in this past few years so I would do the same thing too if I got a lot of bitcoin. Invest in a low number will not give you good result though
legendary
Activity: 1106
Merit: 1000
April 22, 2016, 11:02:14 PM
The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.
That is really the nature of investing in gambling. If you want a high return then invest in high risk venture. For me it is still favorable to invest in a legit online casino with a considerable amount since the house edge is at our favor.
klf
legendary
Activity: 1344
Merit: 1000
April 22, 2016, 09:37:05 PM
The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.
sr. member
Activity: 420
Merit: 250
April 22, 2016, 03:45:20 PM
Investing in bitcoin casino's can be pretty good but keep in mind it also has some risks because its not a thing you can just do you also should do some research if you are investing.
Overall it can be really profitable if you invested in the right casino that is also trusted here on the forums.

Gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
Yes, there are 50% chances of lose and 50% chances of winning if you are playing on luck based gambling games while if you are playing knowledge base games then it is totally dpepnd on your intelligence.


Gambling can't be considered a serious investment opportunity in my opinion. Both the game aswell the companies are doing something fishy.
Even if it is a marginal manipulation of the game it is still wrong, even more when you consider how it ruins peoples life's
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
April 22, 2016, 02:50:27 PM
The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.
legendary
Activity: 1288
Merit: 1036
April 22, 2016, 01:31:33 PM
Investing in bitcoin casino's can be pretty good but keep in mind it also has some risks because its not a thing you can just do you also should do some research if you are investing.
Overall it can be really profitable if you invested in the right casino that is also trusted here on the forums.

Gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
Yes, there are 50% chances of lose and 50% chances of winning if you are playing on luck based gambling games while if you are playing knowledge base games then it is totally dpepnd on your intelligence.
legendary
Activity: 1442
Merit: 1008
April 22, 2016, 09:45:37 AM
Investing in such a casino is very good indeed because you can see these days that gambling with the bitcoin is getting more popular everyday.
It would be good, keep in mind to find a trusted one that is already trusted by many people so you will not get scammed if you invest.
Yeah lately there's so many people move to use bitcoin to gamble instead of fiat money. Leading to so many gambling sites created and sure earned good profit.
So it wouldn't be a bad idea to invest on one of them but you have to make sure the place you invested are a trusted / reliable.
sr. member
Activity: 364
Merit: 250
April 22, 2016, 09:33:59 AM
Investing in such a casino is very good indeed because you can see these days that gambling with the bitcoin is getting more popular everyday.
It would be good, keep in mind to find a trusted one that is already trusted by many people so you will not get scammed if you invest.
legendary
Activity: 1610
Merit: 1183
April 22, 2016, 08:31:39 AM
I would think you need more than $30,000 to invest into a bitcoin casino. Especially a profitable one. Unless you started one from the ground up then you would probably need half of that amount to start out.
You don't need that big amount of money to invest in a casino at all. To invest in casino you just need to send BTC to the pool's money of the casino and then get some interest out of it, as far as I know that's how it works. Of course to start a casino from scratch you are going to need a decent amount but I think 30k is too high.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
April 22, 2016, 04:50:06 AM
I would totally invest that money in some other business operation or start something of my own than investing in any kind of bitcoin casino. Clearly most of the casinos ended as scams and just because some people got lucky in getting profitting by investing doesn't mean the same will happen with you.
Actually if someone has insufficient knowledge about BTC then its best to invest in sites rather than trying to make a site and loose all the scammers who know every bit of how to scam.
sr. member
Activity: 336
Merit: 250
April 22, 2016, 04:46:33 AM
You must make an investment when you are for sure that you can earn money with it otherwise it will be sin for you and it can be also all wasted money and that is bad.
And of course you never know what will happen if you start so you have to take some risks with it.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
April 21, 2016, 06:08:42 PM
I would think you need more than $30,000 to invest into a bitcoin casino. Especially a profitable one. Unless you started one from the ground up then you would probably need half of that amount to start out.
hero member
Activity: 714
Merit: 500
April 21, 2016, 04:13:41 PM
I think its pretty good to invest in something like that because the market is really coming up for gambling.
A lot of bitcoin users are already gambling with the bitcoin.
Yes its good to invest with the bitcoin and indeed its good to invest in a bitcoin casino right now because the most users that are using the bitcoin are also gambling on online casino that are specially made for the bitcoin.
Its right now booming if you ask me.
sr. member
Activity: 336
Merit: 250
April 21, 2016, 03:35:51 PM
I think its pretty good to invest in something like that because the market is really coming up for gambling.
A lot of bitcoin users are already gambling with the bitcoin.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
April 21, 2016, 01:39:37 PM
Good to make an investment, but it can be really risky if you are investing in Bitcoin casinos because the thing is that you will never know what can happen with your money.

Everything that correspond to gambling is sure risky but the payout is really good. That is why people keep on gambling or doing thing that correspond to gamble. And did you ever saw house lose? Because house will never lose thats why it is worth to invest on bitcoin casino
Yeah your right i never heard that there's a house lose. but i heard that some gambling are hack by the thieves.. so its still risky to invest your money into a casino if there's no guaranteed if your money was also hack by the thieves..
hero member
Activity: 1148
Merit: 527
April 21, 2016, 12:23:46 PM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

Expect a return of wagered amount multiplied by house edge / 100 as that is the general calculation. I would say the best sites to invest are like crypto-games.com and bitdice.me
Invest has no harm often but the worry starts when you invest in a potential scam site. You must make sure that enough bankroll is there in site already that they wont scam you. Like if a site has 500 BTC bankroll they wont scam you for your 1 btc invest.
Right, and if you are not expert to find a potential scam site then, try to play on old and reliable sites and if you want to play on new comer sites then invest a little amount and with the time pass increase your investment.
legendary
Activity: 1834
Merit: 1008
April 21, 2016, 10:36:22 AM
Good to make an investment, but it can be really risky if you are investing in Bitcoin casinos because the thing is that you will never know what can happen with your money.

Everything that correspond to gambling is sure risky but the payout is really good. That is why people keep on gambling or doing thing that correspond to gamble. And did you ever saw house lose? Because house will never lose thats why it is worth to invest on bitcoin casino
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