🌟Thoughts on investing then gambling combo🌟 - page 4.

hua_hui

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Quote from: SparkedDev on May 13, 2016, 06:31:05 PM

Well sites like bitvest are insta divest with no divest fee i think there is a few so far.
I'm seeing more an more of them popping up as of late.

But as i said in the op there is some risk involved short term you might lose some investment.
In most cases someone will come an degen it right back into your investment.
So risking btc when you can get a knock back for your own plays is a decent way to keep your play going.
Instead of just losing 100% of each bet you could get back a decent chuck to increase your chances of winning.

there is a few things when i start to invest in casino, my amount take quite a huge drop cause a whale come in and take a huge hit on the bankroll. however, through time, the profit slowly come in and overall i am in the green.

SparkedDev

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As i stated it has some risk's but getting knock backs on your bets gives you more plays.
So lets say you controlled 50% of the house you have 100btc in and your betting 100btc to attack it.
Its better to get a 50% knock back over all then to just lose everything.
Then you can insta divest that 50btc you won from your self reinvest then keep playing.

futurebit640

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Quote from: SparkedDev on May 13, 2016, 08:52:08 PM

The discussion is directly about investing before you gamble to lower your loses, most gamblers don't care about the investment part they want the hit an increase gambling time.
Not to just investing in a site or just gambling, its more the combo to increase your chances of profit or a decent hit.
And as advertising i used the examples i was more familiar with, It can be any site as long as the method i'm talking about is in use.

Yes, investing on gambling sites is a safer way to reduce losses. But most of the gamblers wants more funds to play the games and they are not worried much about whether they can win or lose. Just they want to spend more time on gambling and because of gambling addiction. Your way of investing and gambling with profits is safer but it takes quite some time and for addicted gamblers can't wait that long. But there is no guaranty that if one invest on these casinos they can make profits for sure also.

SparkedDev

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The discussion is directly about investing before you gamble to lower your loses, most gamblers don't care about the investment part they want the hit an increase gambling time.
Not to just investing in a site or just gambling, its more the combo to increase your chances of profit or a decent hit.
And as advertising i used the examples i was more familiar with, It can be any site as long as the method i'm talking about is in use.

The title is pretty clear on what i mean, The title didn't say "Thoughts on investing over gambling."

Patatas

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Quote from: SparkedDev on May 13, 2016, 06:31:05 PM

Well sites like bitvest are insta divest with no divest fee i think there is a few so far.
I'm seeing more an more of them popping up as of late.

Not sure if the post is about the actual discussion or just promoting moneypot and bitvest.In that case,the title is miss leading.
Anyhow on topic,I'd choose investing over gambling anyday,why ? Shark-tank is my favorite TV Show these days.No seriously,investing on a casino is much more profitable if you apply the logic of "Aquasi Investment".Good casinos (like the one in my signature) provide mutual benefits for the investors rather than a very little form of equity.On the other hand,you're on your own responsible of the funds while gambling.The risks are too serious to take.If you're convinced of having terrible luck,better stay away.

SparkedDev

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Well sites like bitvest are insta divest with no divest fee i think there is a few so far.
I'm seeing more an more of them popping up as of late.

But as i said in the op there is some risk involved short term you might lose some investment.
In most cases someone will come an degen it right back into your investment.
So risking btc when you can get a knock back for your own plays is a decent way to keep your play going.
Instead of just losing 100% of each bet you could get back a decent chuck to increase your chances of winning.

eternalgloom

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I had actually thought about this before when I had invested some Bitcoin and Dash into Crypto-Games, I owned like 10 to 15 % of all Dash invested on the site and would play dice with additional dash.
Some days I would earn 1 dash from my investment, take my investment out and play, profit more and invest again.

You have to keep your investment there for 24 hours before you can withraw it, so there are limitations to that strategy. That and you don't always win

SparkedDev

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In many sites like moneypot, bitvest or many others you can invest.

If you're a high roller and lets say you play a site like bitvest / moneypot. Lets say you invested while you were playing you would reduce your loses a lot.
Currently bitvest is at 81btc invested, it wouldn't be hard to take most the cut and keep playing.
Investing an gambling at the same time is a way of gambling now that reduces your loses and could give you enough plays to clear the house out.

Lets say you had enough to do 50%-99% of the investment, you could keep chomping away at the other investors funds until you feel you got enough then instant divest.
The higher the investment is the higher the limits go allowing you to win more at one time then you could by not being invested.
Since bitvest allows instant divest you can pull if you feel your at risk of losing while betting an just reinvest when the site slows down then go at it again.
even if you only had 20%-60% of the weight that's still a decent chunk to get back if your a high roller.

There is many new sites popping up daily that have small pots and you could easily overtake the investment.

But there is some risk in this even though house edge is kinda protecting you
In short term you might see users also winning while you play.
Bitvest has a 1.7% edge so there might be some short term wins but you could offset those loses by winning while gambling.

On most the lines on bitvest other then purples it impossible to lose 100% of a bet so lets say you high roll teal you get back 40% if you lose.
So if you own 40% of the investment you got 60%+ back, which could keep playing going for a while.

This thread is about the combo of investing an gambling at the same time, Not about if investing or gambling is better, its about the combo of the two method put into one.
To get knock backs as a possible source of extending gameplay long enough to get good hits to attack the investors investments.

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