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Topic: To Gamble or To Invest? - page 70. (Read 89203 times)

legendary
Activity: 1092
Merit: 1000
December 21, 2016, 01:00:33 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
yeah in most case , gambling sites/online casino always ended up with profit. it's small number only if there is a banckrupt casino, the house edge guarantee them to have profit, it's just the matter on how the owner operating the site/casino.

As long as gambling site is unique and they can do a proper marketing to attract more people to play then they can easily make a profit. But if no one is playing any games for any reason then mostly they will close the site because can't pay all the expenses. So we should invest only on well-trusted sites to avoid these situations.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 21, 2016, 12:42:31 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others


There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.

Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well
i was able to catch this when psb still on its ico almost all of my earnings from faucets and campaign i invested it and luckily when psb went to cryptopia the value really went to a big hype from 334sat to 10k sat luckily i was able to liquidate 70% of my invested coin and earn a lot.

That's good to know that you are able to get profit mostly from nothing. I feel sorry that I didn't able to invest with psb way back then while it is on its ICO time. And with shulio's opinion, there are people who are able to grow their investment for just focusing within a single investment but there are others who attain to manage a lot of it. It will also depend on the investor on how he can handle investments.
legendary
Activity: 1442
Merit: 1008
December 20, 2016, 08:02:11 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
yeah in most case , gambling sites/online casino always ended up with profit. it's small number only if there is a banckrupt casino, the house edge guarantee them to have profit, it's just the matter on how the owner operating the site/casino.
hero member
Activity: 756
Merit: 500
December 20, 2016, 07:50:31 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others


There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.

Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well
i was able to catch this when psb still on its ico almost all of my earnings from faucets and campaign i invested it and luckily when psb went to cryptopia the value really went to a big hype from 334sat to 10k sat luckily i was able to liquidate 70% of my invested coin and earn a lot.
legendary
Activity: 1540
Merit: 1016
December 20, 2016, 03:57:42 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others


There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.

Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well well atleast it might work for me
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 20, 2016, 03:35:56 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others


There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 20, 2016, 03:27:40 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
For online gambling, the expenses is really not that big, because they do not pay for the license and it's just for site maintenance to be secured and a little amount for promotions to entice gamblers to play, they are operating profitably if they will continue to take care of their business that would enable them to retain their clients and possible invite new comers. Since they have the advantage, they will surely win in the long run and would operate longer continue to make money.

The expenses may not be that huge however the market for online gambling is actually quite low and not to mention that there are several others big name that has controlled the market and dominate it so for newcomers to actually get a piece of the market share iis actually quite hard

Quite low because we are few in as users of bitcoin, however that depends on the size of your business. If you are contented to earn like $1,000 a day, I guess that is doable here in the crypto world. I believe one of the biggest gambling sites here are primedice, and by seeing the number of gamblers who do gambling in that site, you can tell they can earn more than the amount I have mentioned in a daily basis.
for most people, it is very difficult to make money from gambling, even it can be to spend the money you have. investment, giving you the opportunity to benefit yabg a lot, although it takes a long time. but investment does not have a great risk, if you invest in the right place.
hero member
Activity: 2856
Merit: 667
December 20, 2016, 02:52:29 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
For online gambling, the expenses is really not that big, because they do not pay for the license and it's just for site maintenance to be secured and a little amount for promotions to entice gamblers to play, they are operating profitably if they will continue to take care of their business that would enable them to retain their clients and possible invite new comers. Since they have the advantage, they will surely win in the long run and would operate longer continue to make money.

The expenses may not be that huge however the market for online gambling is actually quite low and not to mention that there are several others big name that has controlled the market and dominate it so for newcomers to actually get a piece of the market share iis actually quite hard

Quite low because we are few in as users of bitcoin, however that depends on the size of your business. If you are contented to earn like $1,000 a day, I guess that is doable here in the crypto world. I believe one of the biggest gambling sites here are primedice, and by seeing the number of gamblers who do gambling in that site, you can tell they can earn more than the amount I have mentioned in a daily basis.
legendary
Activity: 1064
Merit: 1000
December 20, 2016, 01:25:34 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
For online gambling, the expenses is really not that big, because they do not pay for the license and it's just for site maintenance to be secured and a little amount for promotions to entice gamblers to play, they are operating profitably if they will continue to take care of their business that would enable them to retain their clients and possible invite new comers. Since they have the advantage, they will surely win in the long run and would operate longer continue to make money.

The expenses may not be that huge however the market for online gambling is actually quite low and not to mention that there are several others big name that has controlled the market and dominate it so for newcomers to actually get a piece of the market share iis actually quite hard
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
December 20, 2016, 12:36:01 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
For online gambling, the expenses is really not that big, because they do not pay for the license and it's just for site maintenance to be secured and a little amount for promotions to entice gamblers to play, they are operating profitably if they will continue to take care of their business that would enable them to retain their clients and possible invite new comers. Since they have the advantage, they will surely win in the long run and would operate longer continue to make money.
legendary
Activity: 1064
Merit: 1000
December 19, 2016, 11:45:32 AM
your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

Most gambling sites dont "bankrupt" , the term is not correct t all. Most goes out of business because they are not making enough to cover their expenses however you will rarely see the term of bankrupt usage as it tends to mean that a player wins everything on the site and it makes the site out of business actually
hero member
Activity: 756
Merit: 500
December 19, 2016, 11:15:22 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others
hero member
Activity: 588
Merit: 500
December 19, 2016, 08:54:37 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

That's only true if the gambling site doesn't have any bugs at all or the people hit the jackpot a couple of times. The house edge is nothing if people gets lucky. All those small earning from average people will all belong to the person/s that will hit the jackpot. Other than that, your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.
legendary
Activity: 1540
Merit: 1016
December 19, 2016, 12:57:05 AM
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.
hero member
Activity: 3010
Merit: 666
December 19, 2016, 12:23:24 AM
It's best that you start an excell spreadsheet and start tracking all of your investments and then compare it to your gains in gambling. Once you have the actual data of your performance then you can guess what is better for you. Some people make really bad investing decisions and ironically they are better off gambling in a casino.
I think you do not need to compare them because it is more risky to gamble than you are investing in to bankroll but if you are investing in some investment site you will just lose for nothing like many promises ponzi sites..
But investing in gambling is a good choice right now since many people right now are gaining a good profit every month like in crypto games and betking reviews..
You are right nowadays gambling sites are earning a better profit so anyone if will invest in these sites will not be disappointed with their attempt to invest in there and if he have some funds which will enable him to start his own casino then it is more fruitful.
Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.However, you still have a role and that is to ensure that you are putting your money in a reputable gambling site, and it's actually easy to spot one, just choose those who are operating longer and no trust issues with clients as it is its core business.
hero member
Activity: 672
Merit: 500
December 18, 2016, 01:51:37 PM
It's best that you start an excell spreadsheet and start tracking all of your investments and then compare it to your gains in gambling. Once you have the actual data of your performance then you can guess what is better for you. Some people make really bad investing decisions and ironically they are better off gambling in a casino.
I think you do not need to compare them because it is more risky to gamble than you are investing in to bankroll but if you are investing in some investment site you will just lose for nothing like many promises ponzi sites..
But investing in gambling is a good choice right now since many people right now are gaining a good profit every month like in crypto games and betking reviews..
You are right nowadays gambling sites are earning a better profit so anyone if will invest in these sites will not be disappointed with their attempt to invest in there and if he have some funds which will enable him to start his own casino then it is more fruitful.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
December 18, 2016, 01:39:01 PM
It's best that you start an excell spreadsheet and start tracking all of your investments and then compare it to your gains in gambling. Once you have the actual data of your performance then you can guess what is better for you. Some people make really bad investing decisions and ironically they are better off gambling in a casino.
I think you do not need to compare them because it is more risky to gamble than you are investing in to bankroll but if you are investing in some investment site you will just lose for nothing like many promises ponzi sites..
But investing in gambling is a good choice right now since many people right now are gaining a good profit every month like in crypto games and betking reviews..
legendary
Activity: 1610
Merit: 1183
December 18, 2016, 01:16:53 PM
It's best that you start an excell spreadsheet and start tracking all of your investments and then compare it to your gains in gambling. Once you have the actual data of your performance then you can guess what is better for you. Some people make really bad investing decisions and ironically they are better off gambling in a casino.
sr. member
Activity: 294
Merit: 250
Oshi.io
December 18, 2016, 12:21:07 PM

It's true, bitcoin itself is investment but to make profit, you'll have to wait for long period for the price to go up.


Waiting is part of investing as well, either you just sit and wait till the price goes up or you can just go and invest your bitcoin in some trusted site however the same as waiting for the price to go up there is actually some risk involved , well anyway everything has some risk involved and there is no such thing as risk free
Actually, I think that waiting is one of the most obvious differences between gambling and investing, besides many others of course.
legendary
Activity: 1946
Merit: 1137
December 18, 2016, 03:56:48 AM

It's true, bitcoin itself is investment but to make profit, you'll have to wait for long period for the price to go up.


Waiting is part of investing as well, either you just sit and wait till the price goes up or you can just go and invest your bitcoin in some trusted site however the same as waiting for the price to go up there is actually some risk involved , well anyway everything has some risk involved and there is no such thing as risk free

Yeah, some people can consider investments as gambling. In their point of view, investment is like gambling because investors are trying to earn money (like gamblers), but in investing they are waiting for their assets to raise and if does or does not that is where the gambling is. Also, if it is indeed rising then the gambling there is when to push the withdraw button. So basically, some think that investing is indeed gambling because it is also not risk free.

that is not point of view in my opinion, it is called being wrong.
those people who think investment is also a gamble are thinking about everything backwards. or it is possible that they had some bad experiences in the past with their investments that went wrong and now thing everything is a gamble. but in fact there are many good investments that you can do research about and then put your money int them and enjoy the profit they give back.
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