Topic: 🌟Thoughts on investing then gambling combo🌟 - page 2. (Read 2128 times)

Bitvest is 100% publicly invested they only take 0.55% as a fee an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

So the site only gets 0.55% fee only on gamblers loses an most the edge is given to the investor.
You could see how i came to this conclusion since its truly 100% public investors.


So another example would be if a gambler made a 100btc drop the site from that play would only get 0.55 btc.
The other part of the edge 1.15% go's to the investors, that's why i only brought up the the sites i knew of.

1. I'm not talking about 30% fee, i'm talking about 30% shares to buy (invest).
2. 100% public investment - yes, please show me one casino with 100% shares for sell. ( If there is casino with 100% public investment, It is called crowdfunding)
3. Let's take extream situation - When you buy more and more shares, finally you have 90% of casino
- this 90% was worth 90 btc
- in hands of other investors is 10%
- house edge is 1%
- casino fee 0.5 %
- you play for 100 btc and you are only player in this casino
how do you see your earnings?

There isn't a 30% house fee in any public investment based site ive seen an if that's the case you rob shouldn't be betting there.
Im talking about sites that are 100% public investment base an they only take 0.25%-0.55% fee on gamblers loses an the other 1.15% go's to the investors.
An i am factoring loses that's what this theory is based on getting knock backs on loses.

If your going to degen your going to degen, this is a way to degen an get back some on each bet.
Lets use dice as an example you lose 100% of your bet if you lose, if you were invested you would have get some back.

This increases what you get back if you lose, that you would have lost 100% of.

I'm using the examples that i know of sites that only take fee's on the loses of gamblers not investors.

It clearly states you will lose some to investors but with this method you can keep a % from even reaching them.
An if you get a decent hit it don't only take from you it takes 50% from the other investors.


But he is talking like every game is the same same its clear because he is using +ev an -ev which is mostly used by poker players.
Personally using bitvest as more of my example because you can make your own lines.
There is a few investor based games you can change up the odds an in plinko which i have a better understanding of this is a possible solution.

He is talking as if all sites are the same when they are clearly all not, im talking about 100% publicly funded games are casinos.

OP is thinking only about winings, but should think about loses too. Of course as you guys pointed that loses will be reduced by % stake in the casino. But untill you don't have >51% chances to win, you always will be losing. Your way will be just a bit longer..

exactly what I was saying before (btw it was me saying KISS)

it just does not make sense to do what OP is asking or proposing or believing in

yo could also tell gamblers to wager on plinko games because you don't lose 10% in each bet and you get always something back lol

does it mean the bets are +EV? yes but for the casino and not for the gambler

it was a very complicated formulated question bu tit has a very simple answer

It does not make sense!

Like someone said, keep it simple. You wish to invest in some casino, for example. And later you think to go to same casino to gamble.

So lets focus on big win: If you win big, money would be gathered from investors ( some percent`s from you also ) and paid to you so you will have profit from big win, and eventually some little loss from investing in casino.

But if you lose then part of your lost will go to you back cause you invested in that casino..

I don't think that can work. Only good thing about it is like you said you will not lose 100 % cause in one moment you will receive money from investing in casino. What are you doing is nothing more then rotating money, and in that I think you will have more loses then winnings.

If you have 50% of the pot you dont have 140-150 back, because pot it is only 30% of casino earnings. When you play 100 btc and you lose eveyrthing, coming back to you 50% from 30% so you can have around 114 - 115 btc.
If im wrong about pot - please show me casino which sell 100% of shares.

In other words - you say that from 200 btc you have ~115 btc - I say you lost >85 btc.

How does the math not make sense okay.
Lets say an any site pot is 100 btc.
You invested 100btc.
Now you have 50% of the pot minus site fee's.
So now you play have 100 btc that you were going to degen anyways.
By the end of that you have 140-150btc because you lost to your self plus the other investors.
If you planned on just playing 100 btc an lost your whole bank roll you have nothing.
This is a way to get back what you have lost, so as far as i can tell that's good math.
Pretty sure that's a way to stop losing 100% or your loses.
This is a method your betting that you will win an take the other investors funds.
I believe there is a few sites who use margin based investment which raise the limits.

In most cases why do gamblers stop gambling? Because they ran out of funds.
In this way you prevent losing everything you planned to use for that day.

I never said once any site was better then another not sure where you drew that conclusion from.
You made the same claim before when no where in this thread have i stated any site was better then another.

if this is the only reason you can give for using a combo (as you call it) then it is stupid to do this combo. a player can decide with how much he wanna wager today and tomorrow and whenever he wanna gamble. he doesn't need a combo to lose only half or win half!

if you like the combo so do it but it does not make sense and nothing will help you or your maths

and you did not answer why is bitvest better than plinkopot.com?

At this point i'm just going to assume you have no clue what the op means an ignore you because it states why you could an would do this.
An as far as i can tell your not giving a reason at all why this is a bad idea the first thing you started off commenting in this thread was its better to invest then gamble.
As i said again an again is this is a way to get knock backs on betting, by using your investment to do so, not sure how this leads to mass loses if you were going to degen a lot of btc.
Why does it make any difference at all, if your invested a playing verses not invested in playing i asked thoughts on the combo not on just one.
Only difference i see is the other investors get less of your loses an you get that btc back you might have never seen again.
An can continue having longer game play. Id rather walk away with half of what i started with at the end of the day with none.

you can write as big as you want and it will not help. sadly you did not answer my questions a few postings before

is this what you are asking or proposing +EV for the player? my answer is no! a gambler is gambling against his BR? come on get real

it just does not make sense for an investor/gambler to gamble against his own investment

a gambler will always lose in the long run against a casino's +EV

an investor (in a casino BR) will always earn if he is not cheated out of his money by the casino

easy as that

The whole point of this is to win from the other investors.
Sites don't take a 20% fee ive clearly states in the op that no one has seemed to have read.
Most sites have a fee of less then 2.5% on loses for investors who gain from gamblers loses.
An if they are taking 20% not sure why your invested there, when there are many sites with big pots an they take no where close to that.
You're not only playing against your own money, not sure what part of this thread is hard to understand.
If you're in the house invested there is other investors, if you lose the investment is going to you an the other investors.
So if you win, it takes from you an the other investors, there is no fee on some sites for gamblers who win from investors.
There is no fee on your loses, only your gains as an investor, well at least for bitvest they don't charge gamblers on wins from investors.
So if you got a 50 btc win 25btc of that is from you an the other is from the investors.
If you lose 50% go's to the investors an the other 50% go's back into you, other then what that sites fee is.

The OP clearly states what the point of this is, its to get a knock back an to win from the other investors.
Its a way to get some of your funds back instead of losing 100% of your bet. If your going to comment please read the op.
The op clearly states that if you don't feel safe when another high roller comes in you can instant divest an wait till they leave or when the sites died down.

This is not about if investing is better then gambling its the about the combo of both.

An this is what i mean even if they site has 30% of that investment its still publicly able to be won.

thank you for pointing this out and to be frank I was waiting for OP to find this out by himself

I think that this wouldn't be a bad idea, and it would slightly reduce your risks but it also lowers your reward. You would need a very large amount of bitcoin though, so I don't think most people would do this.

Some sites like Moneypot have their bankroll funded 100% by investors. (MP does have bitcoin invested, just through their public investment feature.)

The problem is that casinos not resell to investors 100% of the shares. Often it happens that for sale is issued only 20% - 30% of the shares. So if you had as much as 100% of the shares allocated to investments might be that you have only 30% of house edge. In this case, your idea does not seem to realize ..

Honestly its either comes down to using private funds your adopt later down the road.

Or you use the publics bankroll - and make up for whatever is missing with your own. But the question remains is what if a competitor decides to crush you being a whale, having them to clean you out.

It sounds shady to do, but I seen how business is done behind the scenes but its logical.

Oh yeah its becoming very clear no ones reading at all.


This is theory crafting all im asking is can it work not if investing is more profitable over gambling.

So ultimately the question here is can it be beneficial to invest to get knock backs on your bets.
In my opinion getting back something is way better then getting back nothing.

this is really not the topic that is being discussed here boys, read OP again!!


to @OP have you ever tested this yourself or are you just theory crafting?

Good question, since there are so many:
I can trade anything that moves (either direction), since I play short-term bounces much more than longer-term "investing". Note: That is not for everyone, since it takes extra time & effort, and many big moves are missed.
To find "decent" alts look at the top 25 in market cap, and study some of the older ones since they are not in an initial rally which will turn into an endless bear market.