Should I invest in bitcoin casinos? - page 50.

adaseb

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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.

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.

michietn94

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Quote from: Superways on April 13, 2016, 03:03:26 PM

It depends on your Luck, your Skills and your knowledge, but there are some gambling games where all these will not benefit you, and the software will decide whether you awarded or not.

Not all gambling site provide legit statistic as we know they can easily manipulate them. Before start invest, you can observing on people's chat , forum feedback , or media social swarming feedback. Or you can ask experience gambler analyzer opinion to see is it worth to invest or not

Falconer

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Quote from: EdenHazard on April 13, 2016, 06:25:24 PM

Quote from: lite on April 13, 2016, 09:28:56 AM

Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

I would be careful while investing in any casino, it could go really bad if some high roller makes huge profit. it could go like safedice, the site lost 120 btc to a lucky player and investors lost a lot.

there always a hard time like that for a casino and investors too, but investing in casino more promising than other investment places.

you know the fact that casino always win in the end as long as have a large bankroll to hold a huge lost make investing in a casino almost guaranteed profit.

Yeah the casino houses should already knew how to face it, they won't make a big jackpot and risk their money for the big prize unless they have prepared everything. So, there is no problem to big casino for some lucky players.

EdenHazard

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Quote from: lite on April 13, 2016, 09:28:56 AM

Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

I would be careful while investing in any casino, it could go really bad if some high roller makes huge profit. it could go like safedice, the site lost 120 btc to a lucky player and investors lost a lot.

there always a hard time like that for a casino and investors too, but investing in casino more promising than other investment places.

you know the fact that casino always win in the end as long as have a large bankroll to hold a huge lost make investing in a casino almost guaranteed profit.

goldcoinminer

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Quote from: Whosdaddy on April 13, 2016, 04:26:25 PM

Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

That was the common tendency before dice.ninja scammed. Actually some people are taking this gambling sites as ponzi approach, they make the sites and then wait for the investors to invest enough. Once the goal is reached they scam and make everyone regret.

Investing in a casino is good because of its high yield return, but you just have to be cautious on selecting where to invest because you do not know when this casino will stop and it might not return your money. My suggestion is invest to many casinos and divide equally your investment because that is the only way to minimize the risk.

Whosdaddy

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Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

That was the common tendency before dice.ninja scammed. Actually some people are taking this gambling sites as ponzi approach, they make the sites and then wait for the investors to invest enough. Once the goal is reached they scam and make everyone regret.

Superways

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It depends on your Luck, your Skills and your knowledge, but there are some gambling games where all these will not benefit you, and the software will decide whether you awarded or not.

el kaka22

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Quote from: Hashminers on April 11, 2016, 10:23:40 AM

Why not investing can earn you some money back. But do not spend to much because you will never now what can happen it can go all wrong. Then you have just lost your money.

Investing into gambling houses is always a risky business. Because most of the time, the results of gambling are just based on your luck. It means you're going to bet depending upon on our luck only. So taking risk with your luck factor is not a good idea.

OrangeII

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you should not really expect to get much benefit from the investment in gambling sites, I've never tried it, and I only get a slight advantage but it was sufficient for the purposes of my meal, but you should try

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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.

no one investment that will always give you an benefit because in every investment has the possibility of loss or gain and it is a consequence that you should receive in every investment.

hawkins

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Quote from: CryptoBjorn on April 13, 2016, 08:52:16 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.

Indeed, I also think its not to predict how much you will make but I think its pretty profitable because the gambling websites are these days very popular if you ask me.
If it will even grow more I'm also gonna invest in a bitcoin casino for the profit.

true, I agree. it may be very beneficial if it really worked. but all the investment risk, even though a large site. so, be prepared with all the risks that may be you can

safari88

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Quote from: lite on April 13, 2016, 09:28:56 AM

Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

I would be careful while investing in any casino, it could go really bad if some high roller makes huge profit. it could go like safedice, the site lost 120 btc to a lucky player and investors lost a lot.

anything related to gambling was really a big risk, including investment in it and I also never been interested in investing in gambling. I think there are still a lot of other safer investments. gambling is good just for fun.

lite

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Quote from: Oscoda on April 13, 2016, 04:27:10 AM

Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

I would be careful while investing in any casino, it could go really bad if some high roller makes huge profit. it could go like safedice, the site lost 120 btc to a lucky player and investors lost a lot.

CryptoBjorn

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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.

Indeed, I also think its not to predict how much you will make but I think its pretty profitable because the gambling websites are these days very popular if you ask me.
If it will even grow more I'm also gonna invest in a bitcoin casino for the profit.

talkbitcoin

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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.

adaseb

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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.

SyGambler

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Quote from: Herbert2020 on April 13, 2016, 02:58:04 AM

Quote from: SyGambler on April 12, 2016, 06:22:38 AM

Quote from: Herbert2020 on April 12, 2016, 06:10:22 AM

Quote from: bering on April 12, 2016, 04:44:10 AM

seeing these thread again i'm so curious now for those already investing at bitcoin casinos does they are really get profit from that? and how the distribution of profits because i really don't understand but i would like to know more about that

yeah, me too.
i wish someone would have came back here and reported back to us about how much they have invested and how much they could earn.
it is always much better to know these things with some numbers instead of some abstract thing.

I'm an investor and so far I made good profits comparing these profits with other earning stuffs
the distribution is based on how much you have of the bankroll and what is the fee that the site is taking
so if you invest 1 btc in a casino that has 99 btc then you would have 1% of the profit or loss minus the site fees
also you can set a margin for example if you set the margin to 5 your 1 BTC will be treated as it is 5 BTC so you are making X5 profit or loss

in my experience investing in gambling market is really good , but you have to pick the right site
and of course don't invest what you can't afford to lose Grin

thanks for the information.
can you be more specific, for example if i invest 1BTC in a casino like your signature bitcoin.ag or crypto-games (if they accept investment) how much can i earn daily on average?

and also what site do you suggest?

it's not that simple to calculate , but it's all about how much the players lost or won comparing it to your investment
I know it looks complex to you , I was the same but it's not that hard when you start investing
try investing in bitvest.io , you can invest minimum 0.01 up to X5 margin
just try it for the small 0.01 and I'm sure you will learn more about investing in gambling market

BitcoinHodler

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HODLing is an art, not just a word...

investing in a gambling site is just another form of gambling. i was very interested to do this once because i though it was a fool proof investment but i checked on of the popular casinos that accepted investment and by that time the profit was negative! so i decided against it.

Oscoda

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Investing in bitcoin casino's is very good because in fact the gambling websites are getting more popular by day, a lot of people have the bitcoin for gambling these days and I think that is why its good to invest in the bitcoin.
Overall the bitcoin casino's also have a good future because of the fact the bitcoin is also growing.

LiQuidx

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Quote from: Herbert2020 on April 13, 2016, 02:58:04 AM

Quote from: SyGambler on April 12, 2016, 06:22:38 AM

Quote from: Herbert2020 on April 12, 2016, 06:10:22 AM

Quote from: bering on April 12, 2016, 04:44:10 AM

seeing these thread again i'm so curious now for those already investing at bitcoin casinos does they are really get profit from that? and how the distribution of profits because i really don't understand but i would like to know more about that

yeah, me too.
i wish someone would have came back here and reported back to us about how much they have invested and how much they could earn.
it is always much better to know these things with some numbers instead of some abstract thing.

I'm an investor and so far I made good profits comparing these profits with other earning stuffs
the distribution is based on how much you have of the bankroll and what is the fee that the site is taking
so if you invest 1 btc in a casino that has 99 btc then you would have 1% of the profit or loss minus the site fees
also you can set a margin for example if you set the margin to 5 your 1 BTC will be treated as it is 5 BTC so you are making X5 profit or loss

in my experience investing in gambling market is really good , but you have to pick the right site
and of course don't invest what you can't afford to lose Grin

thanks for the information.
can you be more specific, for example if i invest 1BTC in a casino like your signature bitcoin.ag or crypto-games (if they accept investment) how much can i earn daily on average?

and also what site do you suggest?

It really depends on which casino you would invest and how the casino is doing following your investment... For example prior to your investment he could be winning on average 5 bitcoins a day while after your investment it could be losing 5 bitcoins a day. In that case you will be losing and not winning and vise versa. So there is really no way to tell how it will go but you surely have better chances than gambling against the house.

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