Should I invest in bitcoin casinos? - page 49.

nostal02

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Quote from: Farma on April 16, 2016, 11:03:35 PM

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.

Well, all investments have the same risk even at sites that are legit, but if the site was really reliable, I think it's okay to invest there, but try to invest with less money first

There are many trusted casino that you can invest here in to forum and they do have some investment for user who joined them just dont invest when you are dealing with casino outside of this forum.

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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.

Well, all investments have the same risk even at sites that are legit, but if the site was really reliable, I think it's okay to invest there, but try to invest with less money first

goldcoinminer

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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.

fullypak

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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.

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Quote from: talkbitcoin on April 16, 2016, 07:24:30 AM

Quote from: adaseb on April 14, 2016, 03:32:54 AM

Quote from: talkbitcoin on April 13, 2016, 08:15:56 AM

Quote from: adaseb on April 13, 2016, 07:29:00 AM

Yes he is correct, its very difficult to speculate how much you would make.

The only thing is that you should leave the money there as long as possible due to the house edge.

and this is why i don't like investing in bitcoin casinos.
it is more like a partnership rather than investment because you are sharing in the profit and also sharing in the losses and nothing is clear and set from the beginning.

Well many people do it because they have like 100-200 BTC and want it to grow for some reason. The other websites like cloud mining are all scams or low interest.

i don't think anybody will invest 100-200 BTC on a casino site, at least i have never met one.
even if there are, to those people i can only say one thing and that is why not create your own casino with 100-200BTC instead of investing in another person's business!

I have seen people who invest 50 BTC recently and I kept thinking if it is their investment or the bonus amount which one cannot wihtdraw. It's crazy to spend so much on a casino website and the max they should invest is 1-2 BTC. With a bankroll of 100-200 BTC, a user can create their casino site but still it's risky if many people keep winning over 5-10 BTC. There have been big players on Primedice due to which this site suffered too.

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Quote from: adaseb on April 14, 2016, 03:32:54 AM

Quote from: talkbitcoin on April 13, 2016, 08:15:56 AM

Quote from: adaseb on April 13, 2016, 07:29:00 AM

Yes he is correct, its very difficult to speculate how much you would make.

The only thing is that you should leave the money there as long as possible due to the house edge.

and this is why i don't like investing in bitcoin casinos.
it is more like a partnership rather than investment because you are sharing in the profit and also sharing in the losses and nothing is clear and set from the beginning.

Well many people do it because they have like 100-200 BTC and want it to grow for some reason. The other websites like cloud mining are all scams or low interest.

i don't think anybody will invest 100-200 BTC on a casino site, at least i have never met one.
even if there are, to those people i can only say one thing and that is why not create your own casino with 100-200BTC instead of investing in another person's business!

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Quote from: maxj57634 on April 16, 2016, 03:38:33 AM

Yes investing in casino bankrolls is also a good investment to have with your bitcoin and theres a lot of chance that you will gain profit.

Ive invested in bitvest in their bankroll and gives me a few profit i want to play their game but i dont know how so i just end up investing in the site.

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Investing is always good, but invest in legit sites

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Quote from: michietn94 on April 11, 2016, 10:58:52 AM

You can invest but just like gambling ( do with your own risk )
In order to make good investing, you need observing the casino detail before do it. Although they did a great promo or wagered on the first glance , doesn't mean they are good place to invest in. Just remember dicebitco.in incident !

Yes, a thorough study about that gambling house must be done before going for investment into it. Still they are lot of risk for your money as we can not expect the past performance of the gambling house going to repeat after your investment.

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Yes investing in casino bankrolls is also a good investment to have with your bitcoin and theres a lot of chance that you will gain profit.

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Quote from: Zooplus on April 16, 2016, 03:23:32 AM

Quote from: goldcoinminer on April 14, 2016, 10:47:35 PM

Quote from: Bitminer1224 on April 14, 2016, 09:24:14 PM

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.

Agree with this post. It really hard to invest nowadays due to lots of scammers in the world and I am not only referring to the crypto community. Before you invest make an investigation of the gambling site you are planning to put your money. This is just like making a feasibility study prior to opening a business.

Most of the bankroll investment with casinos aren't scams. If you lose money, its because legitately the casino went bankrupt and lost their bankroll due to a high roller. Sometimes however there might be a bug and the site can get hacked also.

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Quote from: goldcoinminer on April 14, 2016, 10:47:35 PM

Quote from: Bitminer1224 on April 14, 2016, 09:24:14 PM

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.

Agree with this post. It really hard to invest nowadays due to lots of scammers in the world and I am not only referring to the crypto community. Before you invest make an investigation of the gambling site you are planning to put your money. This is just like making a feasibility study prior to opening a business.

goldcoinminer

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Quote from: Bitminer1224 on April 14, 2016, 09:24:14 PM

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.

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If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge. Think about it though usually as a player you lose to the house. So why not become the house? That's how it can be a good idea. You must remember though there is still that risk.

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Quote from: tiffyroman on April 14, 2016, 05:11:14 PM

Quote from: martinacar on April 14, 2016, 03:09:32 PM

You could invest in bitcoin casino's and I think it also will be good because in fact gambling is very popular under the people that use the bitcoin.
I also see more casino's here on the forum in this section lately.

But it's a high risk investing in casinos, especially now that it becomes very popular. If a gambler hits a very lucky strike, then all your investment goes down the drain. Best guess is better to hold the bitcoin for now or if you can take the risks, invest it.

gambling is very popular. Everyone knows how to gamble. but whether it will guarantee you a profit to invest in gambling.
because luck people sometimes bigger than house ?

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Quote from: martinacar on April 14, 2016, 03:09:32 PM

You could invest in bitcoin casino's and I think it also will be good because in fact gambling is very popular under the people that use the bitcoin.
I also see more casino's here on the forum in this section lately.

But it's a high risk investing in casinos, especially now that it becomes very popular. If a gambler hits a very lucky strike, then all your investment goes down the drain. Best guess is better to hold the bitcoin for now or if you can take the risks, invest it.

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Quote from: martinacar on April 14, 2016, 03:09:32 PM

You could invest in bitcoin casino's and I think it also will be good because in fact gambling is very popular under the people that use the bitcoin.
I also see more casino's here on the forum in this section lately.

Indeed, investing these days in casino's is good, you already can see how popular its right now with all these casinos that are for the bitcoin.
I think its really the future of the whole gamble industry to be honest.

martinacar

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You could invest in bitcoin casino's and I think it also will be good because in fact gambling is very popular under the people that use the bitcoin.
I also see more casino's here on the forum in this section lately.

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Quote from: talkbitcoin on April 13, 2016, 08:15:56 AM

Quote from: adaseb on April 13, 2016, 07:29:00 AM

Yes he is correct, its very difficult to speculate how much you would make.

The only thing is that you should leave the money there as long as possible due to the house edge.

and this is why i don't like investing in bitcoin casinos.
it is more like a partnership rather than investment because you are sharing in the profit and also sharing in the losses and nothing is clear and set from the beginning.

You can make an investment of course, but there is also a chance that the value can reduce and that will be a problem for you because than you are also losing some money.
Investing in gambling can be very risky because you never know what will happen with it.

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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

Well if you want to invest your money in a gambling site well better expect that people who gamble on that site loses so that your investment get any profit.

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