Exactly there is no good place to invest in betting.
Um yes there is, eg Ice Dice... Its better than mining.
Topic: Which betting site is good for investing? - page 2. (Read 3241 times)
Um yes there is, eg Ice Dice... Its better than mining.
Exactly there is no good place to invest in betting.
The annualized rate for just-dice was around 30%. As for mining, it is in the negative territory.
In my opinion mining is better than betting.
OP wants to invest in betting sites, not bet.
I believe Nathan101 knew that as the first line of his post is:
"I think it is not a good idea to invest in betting site. In my opinion mining is better than betting."
In my opinion mining is better than betting.
OP wants to invest in betting sites, not bet.
I think it is not a good idea to invest in betting site. In my opinion mining is better than betting. So you many start mining with any pools. I am mining with www.genesis-mining.com.
CoinGG is not in first 200 gambling sites on http://cryptobettingindex.com/
Not surprised at all, as it is new and launched in May 2014.
CoinGG is not in first 200 gambling sites on http://cryptobettingindex.com/
Maybe doesnt look smart to investi on it..
Maybe doesnt look smart to investi on it..
Just dice was a great site. I don't know enough about the ownership of the other sites to feel comfortable investing. Dooglus may be one of the most trusted people in bit coin. He proved that once again with the way he wound down the site and advised investors to get out.
they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times
What? Did justdice bankrupt? I thought they suspend temporarily the site because of the Canadian law.
I guess I should take a few seconds out from trying to get the withdrawals working as smoothly as possible to confirm that we are suspending betting and deposits until it becomes clearer what the new Canadian law means for us.
Or is it another story?
He's probably thinking of the nakowa incident:
http://www.reddit.com/r/Bitcoin/comments/1mwd98/a_whale_has_pushed_justdicecom_into_negative/
Basically a whale came in and had a big winning streak. This ended up wiping out a big chunk of the site's bankroll (investors' funds) and making the site unprofitable for those who had invested.
Hi,
Try the one I have in my signature : Primedice
I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work
Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck!
BR
Gondel
Try the one I have in my signature : Primedice
I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work
Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck!
BR
Gondel
Primedice only lets you gamble, not invest in the bankroll.
The loss of Just Dice is a real blow.
I have seen that dicenow.com has an invest option, and takes litecoin as well, but I'm not sure it has that many players as it has little action nor how well it pays out.
Too bad that stunna of primedice refuses to allow investing.
There is some investment over at peerbet, but I did not really understand it as it seemed to be for some games but not all. They do offer a lot of other coins.
Good Luck!
I have seen that dicenow.com has an invest option, and takes litecoin as well, but I'm not sure it has that many players as it has little action nor how well it pays out.
Too bad that stunna of primedice refuses to allow investing.
There is some investment over at peerbet, but I did not really understand it as it seemed to be for some games but not all. They do offer a lot of other coins.
Good Luck!
no, it's not bankrupt in real terms (in law)
i mean "bankrupt" in the games, players beat them and make them can't operate anymore because low capital to pay the winners
What the fuck are you talking about?? Do some research before spreading bullshit like that you fucking moron.
Ok, I will try CoinGG and Satoshicarnaval.
I will try with min deposit.
If I earn something later, I can try Dicenow.
I will try with min deposit.
If I earn something later, I can try Dicenow.
I want invest on betting site. What is your recommendation?
Just-dice is dead...
Just-dice is dead...
Find a website where there are many gamblers but not too many investors.
If tehre are very many investors compared to gamblers the profit will be low.
There are at least 4 websites other than just dice where you can invest in.
Satoshicarnaval [link] [thread] (Very new website, only 2 weeks old, looks very promising to me, low house edge of 0.48% so good for gamblers)
PRCdice / pocket rocket casino [link] [thread] (A dice site as well as a casino with poker and blackjack)
Dicenow [link] [thread](Biggest of these websites by far)
Everydice [link] [thread] (Just listed this for completion)
satoshicarnival seems interesting place to invest, new casino (around 1 month already) and 0.48% house edge will attract many players because that edge will good for them
but does 0.48% houdse edge means higher chance for casino/house to loose?
and if they loose, we'll see lesser profit from our investment?
the house edge is actually from 0.48% to 2.3% it depends on which planet you bet on.
They have a visual dice game where you select one of the planets or the moon or a star system.
Every space object has different rules and house edge.
Code:
moon = 0.48% house edge, 49% chance of hitting and 2.031x multiplier. max profit is 0.12% of house bankroll (1/4 kelly). Minimum bet is 1000 satoshi
Mars = 0.6% house edge, 28% of hitting and 3.55x multiplier, max profit is 0.15% of house bankroll (1/4 kelly). Minimum bet is 100 satoshi
Saturn = 0.7% house edge, 15% chance of hitting and 6.62x multiplier, max profit is 0.175% of house bankroll (1/4 kelly). Minimum bet 100 satoshi
Neptune = 0.8% house edge, 5% chance of hitting, 19.84x multpler, max profit 0.2% of house bankroll (1/4 kelly). Minimum bet 100 satosh
Pluto = 0.90781% house edge, 1.923% chance of hitting, 51.53 multiplier, max profit 0.227ish% of bankroll (1/4 kelly). Min bet is 100 satoshi
Andromeda galaxy = 1.222% house edge, 0.978% chance of hitting, 101x multiplier, max profit 0.611% of house bankroll (1/2 kelly). Min bet 10 satoshi
Orion = 1.58455% house edge, 0.09891% chance of hitting, 995x multiplier, max profit 0.792% of house bankroll (1/2 kelly). Min bet 10 satoshi
M82 (kind of jack pot) = 2.35% house edge, shows 0.00009% of the time, multiplier over 1 million, max profit 1.17% of house bankroll (1/2 kelly). min bet 10 satoshi
Mars = 0.6% house edge, 28% of hitting and 3.55x multiplier, max profit is 0.15% of house bankroll (1/4 kelly). Minimum bet is 100 satoshi
Saturn = 0.7% house edge, 15% chance of hitting and 6.62x multiplier, max profit is 0.175% of house bankroll (1/4 kelly). Minimum bet 100 satoshi
Neptune = 0.8% house edge, 5% chance of hitting, 19.84x multpler, max profit 0.2% of house bankroll (1/4 kelly). Minimum bet 100 satosh
Pluto = 0.90781% house edge, 1.923% chance of hitting, 51.53 multiplier, max profit 0.227ish% of bankroll (1/4 kelly). Min bet is 100 satoshi
Andromeda galaxy = 1.222% house edge, 0.978% chance of hitting, 101x multiplier, max profit 0.611% of house bankroll (1/2 kelly). Min bet 10 satoshi
Orion = 1.58455% house edge, 0.09891% chance of hitting, 995x multiplier, max profit 0.792% of house bankroll (1/2 kelly). Min bet 10 satoshi
M82 (kind of jack pot) = 2.35% house edge, shows 0.00009% of the time, multiplier over 1 million, max profit 1.17% of house bankroll (1/2 kelly). min bet 10 satoshi
as you can see the higher the risk for the bankroll, the higher the house edge. Therefore even if someone gets a lucky streak, it will not be a big risk to the bank. In case the bank has a streak of bad luck you will lose a percentage of your investment indeed. But the system is set up to be fun for gamblers and reasonably safe and profitable for investors. It's one of the best concepts i have ever seen to be honest.
Invest? 
Look for better opportunites than gambling
yes, if you are not good gambler Look for better opportunites than gambling
if you are lucky man and good gambler, gambling is better option
any ANN thread about that casino?
i want to see that
Google search is usually helpful in this situation.
Coingg: https://bitcointalksearch.org/topic/coinggcom-roulette-602261
Ice-dice: https://bitcointalksearch.org/topic/ice-dicecom-thread-closed-due-to-too-many-troll-posts-299184 (OLD) and https://bitcointalksearch.org/topic/ice-dicecom-free-btc-50-referral-commission-invest-or-play-334083 (No update for 6 months)
DiceNow: https://bitcointalksearch.org/topic/dicenowcom-btcltc-casino-10000-rollsclick-playinvest-20btc-maxbet-314252
I thought Just-Dice was the only one?
Definitely not.
There are a lot more other sites, such as PRCDice, DiceNow, Everydice (the site is gone already), etc.
The case of ED illustrates the risk perfectly.
Invest? Look for better opportunites than gambling
yes, if you are not good gambler Look for better opportunites than gamblingif you are lucky man and good gambler, gambling is better option
any ANN thread about that casino?
i want to see that
Invest? Look for better opportunites than gambling
Look for better opportunites than gambling Hi,
Try the one I have in my signature : Primedice
I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work
Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck!
BR
Gondel
no, stunna don't allow you to invest in his gambling siteTry the one I have in my signature : Primedice
I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work
Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck!
BR
Gondel
OP need a place to invest, not gambling
The more important risk to worry about is the trustworthiness of the person running the gambling site. You do not want him disappearing with your money.
yeah that's main problem for choose best place to invest that's why we must learn about that gambling site and who are behind them
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