Should I invest in bitcoin casinos? - page 48.

Sidas_Crew669

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Quote from: martinacar on April 20, 2016, 02:58:17 AM

Investing in the bitcoin casino's could be good indeed, I do not know if its really profitable because this is depending on the casino and users also.
Most likely it could be profitable because a lot of people are already gambling with the bitcoin.

Precisely, investing in casinos is indeed quite good, but we must also look at the casino that will be the target of investment. Because we also don't want to get the get the Casino losses because of the problem that caused the Casino must pay an amount of money that is so big, so hope that we dreamed about lost because those problems. Investment in gambling I think is very profitable, but is also very detrimental if we make investments to the wrong Casino.

martinacar

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Investing in the bitcoin casino's could be good indeed, I do not know if its really profitable because this is depending on the casino and users also.
Most likely it could be profitable because a lot of people are already gambling with the bitcoin.

upsidedown75

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Quote from: DeathAngel on April 11, 2016, 11:19:09 AM

If you have money to invest then just put it into bitcoin. Please not to casinos or sportsbooks investment, too many times sites scam & close stealing all investors funds.

Perfect. Casino or betting sites are almost similar when you are considering for investment. If you want to go by taking 100% risk for your investment money then you can invest into any gambling house. If you want 0% risk, then you must go for bitcoins investments only.

iv4n

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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

Its almost like gambling, just you don't gamble, others do it. In this case where you invest in casino (house) your win is when players lose.
But what happen if players win? Investors pay out that.

So what returns can you expect. More big players that lose in your casino more is your earning. Depends from site and traffic on that site, big or small players on that site.. you need to calculate a lot of things when you think about returns.

Here on bitcointalk there is several threads about investing in casinos ( if you didn't know) and of course a lot of talk about it. There you can see some stats and experience of others. When I gather enough money I will invest in betking or moneypot.

goldcoinminer

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Quote from: jakelyson on April 19, 2016, 07:44:11 PM

Making the right investment is a hard choice. With so much online gambling sites available, choosing one of them.is really hard. If you really want to invest on an online casino, you better research all the online casinos around. You can't just pick randomly. You need to study their financial status, stability and how long they have been in the business. Good luck with your venture.

This is a good advice and I wanna add something that is also necessary prior to starting investing, just do invest with a amount that you can afford to loss, although online investment in casino are highly profitable but the risk associated is also high.

jakelyson

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Making the right investment is a hard choice. With so much online gambling sites available, choosing one of them.is really hard. If you really want to invest on an online casino, you better research all the online casinos around. You can't just pick randomly. You need to study their financial status, stability and how long they have been in the business. Good luck with your venture.

benmartin613

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Well sometimes investing in casino gives us more profit that we do in trading,investing in casino will only make you profit if every user have lost and most of the time players won a large amount of bitcoin.

maxj57634

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Quote from: Oscoda on April 19, 2016, 04:55:44 AM

Investing in a bitcoin casino most likely is pretty profitable because the fact is that the gambling community around the bitcoin is growing a lot so investing in would also be good and most likely also be profitable what is of course the most important thing.

Yeah i agree investing your money in casino will mostly bring you a good amount of profit depending how much are you willing to invest in casino bankroll.

DashCoinDark

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You only have to do that if you are for sure that you can make some profit with Bitcoin otherwise it will be sin and that can be not good for you if you are making an investment.
It will be nice if there will be more people that is going to use Bitcoin and make later profit with it.

Oscoda

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Investing in a bitcoin casino most likely is pretty profitable because the fact is that the gambling community around the bitcoin is growing a lot so investing in would also be good and most likely also be profitable what is of course the most important thing.

Zooplus

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Quote from: DeDordtenaar on April 17, 2016, 10:45:57 PM

Quote from: kanazawa on April 17, 2016, 09:48:21 PM

you should invest in sports bet, I mean, it's the most crazy,funny and has the best earn chances between other ways to "bet"... you know, card, dice and roulette are very unpredictable (totally), poker has the good side because it has the skill part, but sports you can predict a lot and have some local crazy consultants here in the forum. Cool

I think if we try to invest of course we have to invest in something more secure. dice, roullete and the like will give employees more security to the owner or house. you know we invest on that site. so i will prefer to invest dice on site or else

Majority of the sites that offer investment features are those sites operating majorly on dice. Of course It would be profitable if you have a substantial share of the pot money but still the risk is their so you better divide your investment in different casinos.

DeDordtenaar

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Quote from: kanazawa on April 17, 2016, 09:48:21 PM

you should invest in sports bet, I mean, it's the most crazy,funny and has the best earn chances between other ways to "bet"... you know, card, dice and roulette are very unpredictable (totally), poker has the good side because it has the skill part, but sports you can predict a lot and have some local crazy consultants here in the forum. Cool

I think if we try to invest of course we have to invest in something more secure. dice, roullete and the like will give employees more security to the owner or house. you know we invest on that site. so i will prefer to invest dice on site or else

Zooplus

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Quote from: kanazawa on April 17, 2016, 09:48:21 PM

you should invest in sports bet, I mean, it's the most crazy,funny and has the best earn chances between other ways to "bet"... you know, card, dice and roulette are very unpredictable (totally), poker has the good side because it has the skill part, but sports you can predict a lot and have some local crazy consultants here in the forum. Cool

Been telling everyone to whatever gambling related thread I post that sports are really the most profitable from other form of gambling. You analyze a little, place your bets, and enjoy watching the game while drinking beers.

kanazawa

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you should invest in sports bet, I mean, it's the most crazy,funny and has the best earn chances between other ways to "bet"... you know, card, dice and roulette are very unpredictable (totally), poker has the good side because it has the skill part, but sports you can predict a lot and have some local crazy consultants here in the forum. Cool

sherbyspark

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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.

sukamasoto

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Black Panther

Quote from: InsideBjorn on April 17, 2016, 04:55:54 PM

Quote from: jonatuzc on April 17, 2016, 03:29:21 AM

Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years.

Actually I think investing in a casino or gambling site is very risky. Most of them are anonymous so it is easy for them to run away.
I rather invest in bitcoin or an altcoin,

You can invest on casino site if it provide legit casino. I'm ever got profit from investing into gambling site and very glad that they exist over a month.
If you invest on exchanger, you can only make small profit and quite unstable result !

fullypak

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Quote from: goldcoinminer on April 16, 2016, 10:05:42 PM

Quote from: fullypak on April 16, 2016, 08:03:41 PM

Quote from: VPScreator on April 16, 2016, 06:12:24 AM

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.

It takes courage in investing online casinos especially in this crypto world where we are anonymous. So if the gambling site where you invested your funds close, you cannot reach them anymore, so that's the risk.

Yes, that's why if your not a risk taker then better don't invest in these kind of high risk and high reward investments. These are meant for people who can take more risks to get better returns. So ther very important thing to reduce your losses is diversification for your funds. If you put your money in few sites and if any one site close also will not impact very much.

InsideBjorn

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Quote from: jonatuzc on April 17, 2016, 03:29:21 AM

Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years.

Actually I think investing in a casino or gambling site is very risky. Most of them are anonymous so it is easy for them to run away.
I rather invest in bitcoin or an altcoin,

wuvdoll

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Quote from: DeathAngel on April 11, 2016, 11:19:09 AM

If you have money to invest then just put it into bitcoin. Please not to casinos or sportsbooks investment, too many times sites scam & close stealing all investors funds.

Need to agree with you. Bitcoins must be the greatest investment opportunity comparing to any other business or investments. If you want peace of mind along with returns from your investment, then you must go with only buying bitcoins for the money you want to invest.

jonatuzc

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Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years. Also look for some past record of paying back to the investors. The good track is more essential to analyse about a bitcoin casino.

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