Topic: What is the return on investing in a gambling/dice site (for small investors) ? (Read 1058 times)
October 22, 2016, 04:04:31 AM
Investing in dice/gambling sites is a long term investment. You need to wait at least a year to collect your profits. I thought about it very long i and decided that i rather have my coins in my own wallet instead of someone else's. Same goes for the exchanges. They can go pufff at anytime. Not worth the risk. Especially there are some huge events ahead like FED rate hikes, USA elections and maybe WWIII.
October 22, 2016, 03:45:09 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
I Don't Think That Investing In Bitcoin Casinos is Profitable Because A Casino Can Run Away With Your Money Anytime or If the Casino Is Popular Than it would Be Hacked By Someone And Then Your Funds Gone.....According to me Trading Is Better Than Investing in Casino Bankrolls.....
Which is why if you invest then you should do your study or invest in something which allows for multi signatures so the site owner cannot run away with all the money.
have you also considered investing in Just-Dice which is an altcoin investing site, but the owner has previous held a couple of million dollars and did refund everyone honestly.
So it Depends on You that Which Casino You Choose.....
October 22, 2016, 12:01:55 AM
Choosing on which gambling site would you intend to invest is your own decision and you must select the reputable ones but still it wont guarantee you to make profits in longer runs because it really depends on the situation of a certain gambling site if they are gaining profit or not.
October 21, 2016, 09:12:57 PM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
Bro You can Make Profits Investing in Casino Bankroll But You Will Not Become Rich Overnight Because In Bankroll You Will Start Making Profit Slowly It's Not a Luck Based Activity So That You Make Profit Slowly.....But Before Investing in Any Casino Bankroll Always Check the Website in Which You are Investing.............
October 19, 2016, 02:05:56 AM
I think investing in gambling site for small investors are not going to be profitable at all as the profit you may get with it is really small. So the lower amount you are going to invest with it then the chance of getting high profit by investing with gambling sites are going to be low too. But if you are going to invest higher then higher chance of getting high returns.
It honestly depends, if you invest a small amount in a site with a small bankroll, you can still make profit. I invested a small amount (0.01 I believe) in moneypot when it first opened, and since it was new and didn't have many backers yet, I made a decent profit. Of course, you are taking the risk of investing in a lesser known site, but if you want to profit from a low investment, this might be something you might want to consider doing.
October 19, 2016, 12:06:50 AM
investing in a gambling site is also a risky thing to do, and assigning the name of "investment" to it doesn't change things for this kind of activity with your funds. but the good news is that since the house always wins, in the long run you have a "better chance" of making profit than losing.
October 18, 2016, 09:32:19 PM
I think investing in gambling site for small investors are not going to be profitable at all as the profit you may get with it is really small. So the lower amount you are going to invest with it then the chance of getting high profit by investing with gambling sites are going to be low too. But if you are going to invest higher then higher chance of getting high returns.
October 18, 2016, 08:38:41 PM
I think you will get w better return on altcoins. Unless you have a large amount of btc and are happy with a lower % because you have so many it does not matter.
You mean to say trading with altcoins? If yes, then it is a high risky investment compared to investing on casino bankrolls and also it need to knowledge of trading. But in casino investment only thing you should need to find well trusted sites to invest money and in the long run you will surely make a good profit but this process is slow and steady.
October 18, 2016, 07:58:07 PM
I think you will get w better return on altcoins. Unless you have a large amount of btc and are happy with a lower % because you have so many it does not matter.
October 16, 2016, 06:05:45 PM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
I Don't Think That Investing In Bitcoin Casinos is Profitable Because A Casino Can Run Away With Your Money Anytime or If the Casino Is Popular Than it would Be Hacked By Someone And Then Your Funds Gone.....According to me Trading Is Better Than Investing in Casino Bankrolls.....
Which is why if you invest then you should do your study or invest in something which allows for multi signatures so the site owner cannot run away with all the money.
have you also considered investing in Just-Dice which is an altcoin investing site, but the owner has previous held a couple of million dollars and did refund everyone honestly.
October 16, 2016, 05:38:09 PM
You would essentially be seeing the same ROI that the site gets in that time. So if the site has a bank roll of 100 btc, and you had 1 btc invested. On a site wide profit of 100 btc, they basically jumped their investment by a 100%, so you would do the same and would get only 2btc in total, which is the initial percentage you had invested in the bankroll.
What do you mean "only" double your investment is hardly "ownly"
I dont think that their is any fixed return in gambling sites as if some players play bingo game and hit the jackpot and just run away then that loss will be in investment also, so i think you can not get assured income in the gambling / dice sites, it may go profit or loss also.
There can never be a fixed return other then the % of profits allocated investors. You will lose money but in the long term you will make money. If the site is making profits so will you.
October 16, 2016, 04:31:28 PM
I dont think that their is any fixed return in gambling sites as if some players play bingo game and hit the jackpot and just run away then that loss will be in investment also, so i think you can not get assured income in the gambling / dice sites, it may go profit or loss also.
October 16, 2016, 03:03:48 PM
You would essentially be seeing the same ROI that the site gets in that time. So if the site has a bank roll of 100 btc, and you had 1 btc invested. On a site wide profit of 100 btc, they basically jumped their investment by a 100%, so you would do the same and would get only 2btc in total, which is the initial percentage you had invested in the bankroll.
October 16, 2016, 01:51:56 PM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
You can get 3%-5% per month if you can't get that you shouldn't bother to invest. I wouln't go with money pot I left my money in there for 3 months and it went to 103% at the highest then down and up. 3% in 3 months is pathetic.
October 06, 2016, 08:55:18 PM
there are no fixed numbers , so don't try to ask people about their experiences cause the answer won't be truly accurate
you should just check the house edge , house bankroll , house fee , avg daily wagers and of course the site repu
some months you may make like 30% ROI and others you may lose , that's why you should only consider the EV
you should just check the house edge , house bankroll , house fee , avg daily wagers and of course the site repu
some months you may make like 30% ROI and others you may lose , that's why you should only consider the EV
October 06, 2016, 07:18:41 PM
MoneyPot investing is recently bringing losses. What happened? I imagine some whales got lucky.
But still compared to almost 40% profit of BetKing and 29% of SafeDice it looks rather poor and it might discourage investors.
Bankroll investing is definitely the best way to locate your money for small investors right now forget about cloud mining scams.
But still compared to almost 40% profit of BetKing and 29% of SafeDice it looks rather poor and it might discourage investors.
Bankroll investing is definitely the best way to locate your money for small investors right now forget about cloud mining scams.
October 06, 2016, 06:40:03 PM
It doesnt matter that you are huge investor or some small investor because in investment you will sure get profit though,only matter of time until you get it because in the end house always win. Huge and tiny investor just matter on their result in getting the profit so if you want to habe big profit you should invest more. And the important thing here is you really need to take some good review on each site so you will know whether this site is worth to be invested or not
October 06, 2016, 06:04:50 PM
I've invested a total of 0.45BTC across 3 bitcoin gambling sites 2 days ago, and here are my results (profit). Keep in mind that in the long term, things won't always be the same, and you could still lose. My investment at BitVest was negative for the first day and a half. 0.15BTC each, so I think that qualifies as a small investor.
BitVest.io: 0.00106641 BTC
Crypto-Games.net: 0.00123500 BTC
Betking.io: 0.00064596 BTC
BitVest.io: 0.00106641 BTC
Crypto-Games.net: 0.00123500 BTC
Betking.io: 0.00064596 BTC
October 06, 2016, 11:47:12 AM
Haven't seen such graph before but have few experience in investing gambling sites bankroll specially in moneypot bankroll. Return was not like 1-2% per day but really small fraction per day and also chance of lossing is so much and at one incident one of the lucky winner won a big amount making all of the bankroll investor lossing so much amount of their bankroll. So i will say risk of losing is very high for a fractional return on your investment in gambling bankroll.
October 06, 2016, 10:45:38 AM
How small are we talking about here? like 1million satoshi thats the minimum amount you can invest on most site that has an invest option. Even for a small investor I can say it's not bad to invest it on a casino rather than letting your coins just sit on your wallet.
October 06, 2016, 10:38:46 AM
Casino bankroll is profitable if the investment is a big amount, else you could get only a mere amount. So its better to involve into small scale trading with small amounts as mentioned by few users.
October 06, 2016, 10:28:53 AM
This is the same posted from red-apple but i think more information you can get it here http://bitcoingamblingreviews.com/bitcoin-gambling-investments-112/
October 06, 2016, 10:24:54 AM
I think you should try dice sites rollin.io
Without a public investment feature? Good idea.It can be profitable, but you are correct that it is very risky. You have to do your research well and make good judgments into which sites you will invest. And even if the owner is trusted/fair you might lose simply because of variance and winning players. That being said, personally I have made decent profits by investing last few years.
Guy's got some point, listen to him.Here's crypto-games (btc) over the last ~year. As you can see, there are a few bumps that took some investors into the red area based on their timing, but generally, the trend is easy to recognize.
October 06, 2016, 10:23:28 AM
I think you should try dice sites rollin.io
October 06, 2016, 09:54:01 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
The house does not always win. They do lose as well. They only win in the long run. Hence, your winning chance depends on your investment time. Again Luck! October 06, 2016, 09:38:53 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
for official charts you have to visit the gambling site itself and look around to see if they are offering that or not (if i remember it right moneypot offers such charts)
but for solid numbers you can check out this topic : https://bitcointalksearch.org/topic/bitcoin-gambling-investments-1585408
it contains 5 of most popular gambling sites and started had invested 1BTC in each of them
this is after 2 months:
check the topic for more discussion.
I got some total profit charts: https://dicesites.com/graphs
this looks good, thanks for the link.
never mind, there is a legend on the right that i didn't see before lol
October 06, 2016, 09:19:09 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
I Don't Think That Investing In Bitcoin Casinos is Profitable Because A Casino Can Run Away With Your Money Anytime or If the Casino Is Popular Than it would Be Hacked By Someone And Then Your Funds Gone.....According to me Trading Is Better Than Investing in Casino Bankrolls.....
It can be profitable, but you are correct that it is very risky. You have to do your research well and make good judgments into which sites you will invest. And even if the owner is trusted/fair you might lose simply because of variance and winning players. That being said, personally I have made decent profits by investing last few years.
October 06, 2016, 08:22:37 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
I Don't Think That Investing In Bitcoin Casinos is Profitable Because A Casino Can Run Away With Your Money Anytime or If the Casino Is Popular Than it would Be Hacked By Someone And Then Your Funds Gone.....According to me Trading Is Better Than Investing in Casino Bankrolls.....
October 06, 2016, 08:07:54 AM
I got some total profit charts: https://dicesites.com/graphs
October 06, 2016, 08:04:20 AM
I've been lurking a bit, just reading about investing in bankrolls to make a return on coin. I couldn't find any hard numbers anywhere on average returns per website, other than anecdotes from posts. Are there any official charts somewhere that show average profit/loss for the major sites?
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