thanks for listing it
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?
Hmm yes, higher house edge means higher chances of house to win.
Yes, if a player win, house lose, then the investment will negative too.
Investor might suffer loses for invest in betting site in the short term, but in the long term they'll likely to make profit due to the existence of house edge.
And IMO, 0.48% is considered low for house edge
I am not sure how much different investing in a gambling site is from gambling itself. Can you really know enough information to make a good decision?
It is very different. There are two sides on a gambling games, the player and the house(the site)
When the player wins, then the house lose. And when the player lose, then the house win.
When you gamble on a gambling games, then you become the player.
And when you
invest, you're on the side of the house. You share profit and also losses from the gambling site.
