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Topic: 🌟Thoughts on investing then gambling combo🌟 - page 3. (Read 2160 times)

legendary
Activity: 1386
Merit: 1016
Make huge profits trading/"investing in" altcoins, then use part of the profits to gamble.  Grin

that is what i always heard from others, but how do you know which altcoins to invest in?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Make huge profits trading/"investing in" altcoins, then use part of the profits to gamble.  Grin
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
very interesting idea for sure but first of all if this works it would be an exploit. besides i doubt if it works because you can't be the only investor so you will only share in the revenue, so losing in gambling means just earning a small amount back and all this effort is just for a little cash back, and all of this is happening while you are risking a lot of bitcoin twice!

thank you for this posting Smiley maybe it helps other users to understand that it is either investing or gambling

if you want to earn = invest

if you want to gamble so gamble and have fun and hit big
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
very interesting idea for sure but first of all if this works it would be an exploit. besides i doubt if it works because you can't be the only investor so you will only share in the revenue, so losing in gambling means just earning a small amount back and all this effort is just for a little cash back, and all of this is happening while you are risking a lot of bitcoin twice!
legendary
Activity: 1386
Merit: 1016
investing then gambling is a great idea. i used to be like this too. i invest and manage to get some profit then i try to use my profit to gamble. so in the end i lose in gamble but overall i never gain or lose anything.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Lets say you were gambling on bitvest normally you played teal line you can get back only 40% of your bet if you lose.
Being invested at 50% you would have gt back about 65% of your bet. I'm not sure how that's a bad thing.
Its the same with dice if you lose your bet is 100% gone so if your invested you get some of that bet back.
Since your not only betting against your self your betting against the other investors so a big win 50% comes from the other investors.

So im not sure how getting a knock back is bad, this is basically a higher way of knock backs each bet your make.
Its a way to extend game play an on big wins the other investors have to pay up half for the win.
When normally you would lose almost your whole bet if not all to begin with.


lets try to do it KISS (keep it simple.....

are you saying that it is better to wager on bitvest than on plinkpot.com?

are you saying that a gambler who invests and gambles same time according your example has a +EV?

I don't think so. a casino has always +EV and that means a gambler is wagering with -EV

if a gambler wants to lose less he just need to wager less and no reason to invest and gamble same time to get a smooth ride into losses.

any simple answer is very much appreciated and no reason to complicate simple math because you cant bend math in your direction. a HE for the casino and/or investors should be enough and that means that an investor should not gamble and he will always be on the right side.


hero member
Activity: 3052
Merit: 606
You just have to choose between the two if you are really serious, investing gives you a chance to gain more profit but it all depends also to the amount of investment. You need a considerable amount to have a good share of income in any sites you invested. This is more safe than gambling, so I suggest that do only investing.
legendary
Activity: 1988
Merit: 1317
Get your game girl
I don't think many understand the the point being made in the OP.I forget people barely read the OP in the gambling boards.
@Sparkedev : I get your point.Either way,you can't benefit from both the instances at the same time.Let's assume I made an investment of 2BTC with ROI something like 1% every two days.I can have a nice stable income if I keep gambling as a whole picture out of it.On the brighter side,if I gamble 10% of my initial investment away,there are slime chances of keeping up with the profits.However I can always gamble with that 1% I make from my initial investment.

Also,lock the thread if you aren't planning to lose your mind over hilarious answers.
legendary
Activity: 1092
Merit: 1000
Gambling >>> Quick way to earn profit and even quicker way to suffer losses.
Investment >>> Slow way to earn profit, but less risky to suffer losses.

But some invest option on gambling sites has higher edge/fee compared to gambling Sad
Or casino decided to run with customer's and investor's money.

It is true. Investing on casinos are less risky when compared to gambling. If want to takes some real returns on our investments, then need to find a couple of good casinos to invest and to reduce our losses diversification of our investments is very important. Gambling is always very risky and very less chances anyone can make money out of it.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Gambling >>> Quick way to earn profit and even quicker way to suffer losses.
Investment >>> Slow way to earn profit, but less risky to suffer losses.

But some invest option on gambling sites has higher edge/fee compared to gambling Sad
Or casino decided to run with customer's and investor's money.
legendary
Activity: 1456
Merit: 1005
In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. Smiley

~Dr.Famous~

Both investing and gambling are risky and one may lose money in both. I agree with your above post that one may need some decent time to make money from casino investments and also may lose some of your money if anyone win big in this period. But I don't know how one can make a fast profit from gambling? Because here two probabilities are there either can make quick profits or can lose all your money quickly. Gambling is very risky and mostly one can lose money so don't consider it as a fast money making option.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. Smiley

~Dr.Famous~

hi Dr Famous

what is your take of sparkeddev posting above? I will answer later Smiley

that really gets funny now

edit:
@ sparkeddev please edit it next time like this under edit would be fair to all to see the mistakes you did ( not a shame to do mistakes )

full member
Activity: 216
Merit: 100
In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. Smiley

~Dr.Famous~
hero member
Activity: 896
Merit: 1000
Lets say you were gambling on bitvest normally you played teal line you can get back only 40% of your bet if you lose.
Being invested at 50% you would have gt back about 65% of your bet. I'm not sure how that's a bad thing.
Its the same with dice if you lose your bet is 100% gone so if your invested you get some of that bet back.
Since your not only betting against your self your betting against the other investors so a big win 50% comes from the other investors.

So im not sure how getting a knock back is bad, this is basically a higher way of knock backs each bet your make.
Its a way to extend game play an on big wins the other investors have to pay up half for the win.
When normally you would lose almost your whole bet if not all to begin with.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
The point of this is your not going to hold the whole pot, Yes you win from your self but you also win from the other investors.
I'm not sure you read the post correctly but the point is investing to get knock backs.
Or extending gameplay long enough you can clear the rest of the investors out with reduced risk an knock backs.
The post isnt about being an investor the post is about being a gambler who invests for a knock back to try an clear win.

If your going to lose to the house why not lose an get 10-50% of your bet back an if you hit take 50% from you an 50% from the other investors.

In most sites you lose 100% of your bet doing this method you get some back every time an if you hold enough of the house you can get back lots.
Yes gamblers like to play to win but this gives an advantage of knock backs an increasing gamplay much longer to possible hit big or make some profit.


it looks you did not understand my posting and explanation ( please read it again until you understand it). it just does not matter if a gambler is investing 100% or 1% in the bank roll he is wagering against > it just does not make sense for a gambler to do this.

and if you still don't understand this important point and the difference of an investor and a gambler just do it and wager against your bank roll and learn it the hard way

there are roulette players who are using martingale on red/black and starting out with a base bet on red and black the same roll. I asked why are you wagering on both sides? their answer was that they want to be on the streak with the first bet. would this make sense for you? I bet yes

hero member
Activity: 756
Merit: 520
All point and the idea that you provide are extremely useful and interesting to interpreted, but each of these investments also requires understanding the deep enough, to a site that will be given fresh Funds (investment). If it does not do so then the idea that you give, I think will not work
member
Activity: 63
Merit: 10
Interesting idea, if a new site ever comes up I'll try this out. However, for current popular sites I'm nowhere near rich enough to hold the bankroll Tongue
hero member
Activity: 896
Merit: 1000
The point of this is your not going to hold the whole pot, Yes you win from your self but you also win from the other investors.
I'm not sure you read the post correctly but the point is investing to get knock backs.
Or extending gameplay long enough you can clear the rest of the investors out with reduced risk an knock backs.
The post isnt about being an investor the post is about being a gambler who invests for a knock back to try an clear win.

If your going to lose to the house why not lose an get 10-50% of your bet back an if you hit take 50% from you an 50% from the other investors.

In most sites you lose 100% of your bet doing this method you get some back every time an if you hold enough of the house you can get back lots.
Yes gamblers like to play to win but this gives an advantage of knock backs an increasing gamplay much longer to possible hit big or make some profit.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
Well if you were investing to increase to get a knockback you could insta divest with no fee.
Wait till it quiets down then reinvest later an continue what you were doing.
Note that not all sites have insta divest an no fee's on early divest.
So id target any site that don't charge on divest, there is a few on the forum.

an investor in a casino bank roll is not a gambler. he is smart and it is a very smart way to invest

an investor who will invest and divest according to his gut feeling or a whale is visiting the site > he is not an investor > he is a gambler!

a gambler who will the same time invest while gambling is actually holding the bank roll against his own bets. to make it easier to understand lets say the gambler holds the 100% of the bank roll and is wagering against his bank roll. what happens is if he loses while gambling >his investment will rise and vice versa. does this make sense? not at all and I would advice to this guy to play a game he likes with play money just for fun.

a gambler likes to wager/gamble so he is never an investor and never will be because he wants to win from the casinos/investors bank roll. thats the fun for a gambler

if you will understand all my points (sorry for my english) then the best a gambler could do is............... yes just think about and let me know what this could be? I know some smart gamblers they are doing it Smiley



hero member
Activity: 896
Merit: 1000
Well if you were investing to increase to get a knockback you could insta divest with no fee.
Wait till it quiets down then reinvest later an continue what you were doing.
Note that not all sites have insta divest an no fee's on early divest.
So id target any site that don't charge on divest, there is a few on the forum.
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