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Topic: Which gambling sites offers investment - page 17. (Read 3227 times)

sr. member
Activity: 1414
Merit: 326
January 30, 2019, 06:37:06 PM
#67
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
I am just giving an example not to promote it. Yobit is an exchange and it has dice option as well as an investment program. You can see it from: https://yobit.net/en/investbox/
Eh, still a pretty crappy example of a site to invest on. Yobit's universally hated on this forum for a reason; the site's constantly putting coin wallets 'under maintenance', sometimes indefinitely, and the support on the site in general is extremely sluggish- it usually takes days for the site to resolve any issues, not to mention there's thousands of threads pertaining to Yobit about the site not processing their deposits and many scam accusations as well. If you do choose to invest in a casino or something of the sort, avoid Yobit. You might come out unscathed, but there are much better options out there.
Yes, I am aware of their own token/coin creation. Who has a lot of tokens which wallet is on maintenance for a long time and also few of them will not be online ever. Though the maximum site has the wallet in maintenance or scam coin but regarding this fact, yobit is first. But my friend who uses yobit told me that their investment is good only for reputed currency for eg: btc, eth, ltc, doge, eth and so on.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
January 29, 2019, 10:30:12 PM
#66
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
I am just giving an example not to promote it. Yobit is an exchange and it has dice option as well as an investment program. You can see it from: https://yobit.net/en/investbox/
Eh, still a pretty crappy example of a site to invest on. Yobit's universally hated on this forum for a reason; the site's constantly putting coin wallets 'under maintenance', sometimes indefinitely, and the support on the site in general is extremely sluggish- it usually takes days for the site to resolve any issues, not to mention there's thousands of threads pertaining to Yobit about the site not processing their deposits and many scam accusations as well. If you do choose to invest in a casino or something of the sort, avoid Yobit. You might come out unscathed, but there are much better options out there.

yobit.io is an exchange, not a gambling site
an exchange with not the best of reputations and even worse support
there are topics from people waiting weeks to get a response from support!
and their dice was not truly provably fair as far as I remember
so why would you want to invest in something that is on a shady side when you have much better options?
If you cannot trust them as an exchange, how can you trust their gambling platform.
I haven't check about it but I'm not interested due to their bad reputation in the forum, perhaps they have a profitable
dice game but you can't expect they will give you a fair share of the profit, it's always wise to choose those who are really focus on the gambling industry for your investment as they have better future awaits them.
legendary
Activity: 2016
Merit: 1107
January 29, 2019, 09:38:31 PM
#65
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
I am just giving an example not to promote it. Yobit is an exchange and it has dice option as well as an investment program. You can see it from: https://yobit.net/en/investbox/
Eh, still a pretty crappy example of a site to invest on. Yobit's universally hated on this forum for a reason; the site's constantly putting coin wallets 'under maintenance', sometimes indefinitely, and the support on the site in general is extremely sluggish- it usually takes days for the site to resolve any issues, not to mention there's thousands of threads pertaining to Yobit about the site not processing their deposits and many scam accusations as well. If you do choose to invest in a casino or something of the sort, avoid Yobit. You might come out unscathed, but there are much better options out there.

yobit.io is an exchange, not a gambling site
an exchange with not the best of reputations and even worse support
there are topics from people waiting weeks to get a response from support!
and their dice was not truly provably fair as far as I remember
so why would you want to invest in something that is on a shady side when you have much better options?
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
January 29, 2019, 07:05:16 PM
#64
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
I am just giving an example not to promote it. Yobit is an exchange and it has dice option as well as an investment program. You can see it from: https://yobit.net/en/investbox/
Eh, still a pretty crappy example of a site to invest on. Yobit's universally hated on this forum for a reason; the site's constantly putting coin wallets 'under maintenance', sometimes indefinitely, and the support on the site in general is extremely sluggish- it usually takes days for the site to resolve any issues, not to mention there's thousands of threads pertaining to Yobit about the site not processing their deposits and many scam accusations as well. If you do choose to invest in a casino or something of the sort, avoid Yobit. You might come out unscathed, but there are much better options out there.
sr. member
Activity: 1414
Merit: 326
January 29, 2019, 07:02:23 PM
#63
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
I am just giving an example not to promote it. Yobit is an exchange and it has dice option as well as an investment program. You can see it from: https://yobit.net/en/investbox/
legendary
Activity: 1834
Merit: 1008
January 29, 2019, 10:57:41 AM
#62
Casinos do require a lot of capital, it doesn't mean that they are a scam at all if they are asking for bankroll help. It is great on both ends for them, if the casino loses money from a big whale winning a huge amount it doesn't really hurt their bankroll since people are covering for it and they are also not keeping any capital at making sure casino has enough money.

Think about it if you had 100+ bitcoins and owned a casino which one would you rather do, keep the money at a cold storage so people could win and lose or would you rather use that to do marketing and attract many more people ?

Casinos usually spend their money on marketing and improving the website and basic operational costs like wages and so forth instead of keeping the money idle for potential losses. That is why bankroll investment is great for them, even if they are big.

People will think twive before they made an investment suddenly because nowadays there is a lot of scam site who just make site for scamming. That is why I can say they shouls put some bankroll for the start before they can try to open an investment. Investors will try to analyze how their progress from time to time before they believe it is worth of investing

They even need to have bigger bankroll so they can attract more people from their marketing or games. This bankroll need to have their portion to make sure everything going to be good
legendary
Activity: 1288
Merit: 1036
January 29, 2019, 04:21:54 AM
#61
Casinos do require a lot of capital, it doesn't mean that they are a scam at all if they are asking for bankroll help. It is great on both ends for them, if the casino loses money from a big whale winning a huge amount it doesn't really hurt their bankroll since people are covering for it and they are also not keeping any capital at making sure casino has enough money.

Think about it if you had 100+ bitcoins and owned a casino which one would you rather do, keep the money at a cold storage so people could win and lose or would you rather use that to do marketing and attract many more people ?

Casinos usually spend their money on marketing and improving the website and basic operational costs like wages and so forth instead of keeping the money idle for potential losses. That is why bankroll investment is great for them, even if they are big.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
January 29, 2019, 12:36:47 AM
#60
Do not try to invest on a gambling site for a fixed return, which may make you looser in many cases. If you want to invest then better invest on your bank.

Let's say I have parked my money in a bank and am just planning to do something different with my BTC (say less than 0.2) for passive income.

What do you suggest? I was thinking that FreeBitcoin's 5% could help with guaranteed Sats daily.
hero member
Activity: 3010
Merit: 666
January 29, 2019, 12:31:09 AM
#59
Do not try to invest on a gambling site for a fixed return, which may make you looser in many cases. If you want to invest then better invest on your bank.
Is there any site that offers that kind of return, I think it's always based on your amount invested and the profitable of the site in overall.
Kindly clarify because this world is quite new to me, I have invested before in a site bankroll and never receive any fixed amount, if players loss more I make more, just like the house, I think that's the norms, please enlighten me.
hero member
Activity: 672
Merit: 526
January 28, 2019, 10:37:38 PM
#58
What is investing in casinos?

You will invest to increase their bankroll. That means you are putting money into the casino so people can bet against it. That is, you are betting that the casino will win more games than it will lose against its user.

It is not a simple investment. It should be regarded as a lower risk bet. But it's still a gamble.

All casinos work with statistics that are favorable. This means that most likely in the long run you will make a profit.

yolodice.com

You will invest to increase their bankroll. Your investment will represent a portion of the bankroll in a group. So this means you are betting on yolodice against the players. If the site has profit, you will receive your share less their commission(35%). You could leverage too.
https://yolodice.com/#faq/investing

https://bitvest.io/investing
Your share is equal to (Your_Investment / (Global_Bankroll + Your_Investment)) * 100%
70% of profits to investors. So you pay them 30% if they deliver profits.

https://betking.io/invest

You pay 10% of the profits that you receive. So you keep 90%

https://www.crypto-games.net/faq


We take 30% of the profit/losses that are made in a 1-hour interval. Also, when calculating profit/losses, faucets and referral rewards are factored in. Over the long run, you can expect your profit to equal your percentage of the bankroll multiplied by house edge, total wagered amount, and 70%.

sr. member
Activity: 1414
Merit: 326
January 28, 2019, 07:07:47 PM
#57
Do not try to invest on a gambling site for a fixed return, which may make you looser in many cases. If you want to invest then better invest on your bank.
full member
Activity: 1330
Merit: 147
January 28, 2019, 06:21:09 PM
#56
A well run casino doesn't need outside investors.  Almost all casinos asking for bitcoin investments end up being a scam.  Since casinos have a good business model they wouldn't need your investment unless they are trying to scam.
This is true, maybe some of the new casino might need an investment but the risk is high since they are not yet established and since they control your money, when they are gone, your money is gone too. Most of the casinos also has no license, so that alone is part of the risk, you cannot go after them once they try to scam. With the status in gambling industry now, I guess it's hard to find an investment in a casino, so better invest somewhere else.
Every place of investment must have a risk, someone will not be able to avoid it even though the place is the most trusted place, there must be a risk even though the form is not a scam. At least, when choosing a gambling place that has been widely trusted by various people such as yolodice or bustadice, one does not need to have excessive concerns to react to it. Even you only need time to make your money increase and take it slowly, online gambling that uses cryptocurrency is a lot and can even grow again in the next few years, I think this is a potential.
full member
Activity: 958
Merit: 120
CryptoGames: Revamped Games, Multiple Coins
January 28, 2019, 05:19:14 PM
#55
Looks like a good a idea to invest in some gambling site, I never knew that there some gambling sites that offers a return of investment.


Not even while you're wearing one as signature?

 Roll Eyes
sr. member
Activity: 2016
Merit: 283
January 28, 2019, 09:47:50 AM
#54
The gambling sites that offer investments that I know is Bustadince and I have done that with them.  I think it seem to be more safer to invest in gambling sites than icos as many funds as been lose through icos investments.
i do believe that investing on gambling site such bustadice is most reliable/safe and more profitable in my opinion than investing in some ico's . Because the future of some projects nowadays is to hard to determine because of the situation of the market and mostly are scam and so difficult to recognize. , so much better to choose the most reliable and wherein for sure there's a big profits.
member
Activity: 576
Merit: 39
January 28, 2019, 08:44:52 AM
#53
Looks like a good a idea to invest in some gambling site, I never knew that there some gambling sites that offers a return of investment. Im glad I have seen this thread, I saw that yolodice offers return of investment which seems to be very legit because this site runs for a very long time and low risk of getting scammed with this reputable gambling site. Gonna try this out. Grin
hero member
Activity: 1302
Merit: 540
January 28, 2019, 06:24:07 AM
#52
A well run casino doesn't need outside investors.  Almost all casinos asking for bitcoin investments end up being a scam.  Since casinos have a good business model they wouldn't need your investment unless they are trying to scam.
This is true, maybe some of the new casino might need an investment but the risk is high since they are not yet established and since they control your money, when they are gone, your money is gone too. Most of the casinos also has no license, so that alone is part of the risk, you cannot go after them once they try to scam. With the status in gambling industry now, I guess it's hard to find an investment in a casino, so better invest somewhere else.
On the other side, casino also treat this as a good advertisement for their house, offering investment to an open public will add more traffics and potential
players, aside from investment they can also play inside the house, though logically you are correct that its risky as well for investors to take a slice with
newly introduce casinos better to review those existing already which got reviews coming from old and current investors.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
January 27, 2019, 10:37:20 PM
#51
A well run casino doesn't need outside investors.  Almost all casinos asking for bitcoin investments end up being a scam.  Since casinos have a good business model they wouldn't need your investment unless they are trying to scam.

What about those long-running sites like Crypto-Games? It's a win-win situation that a casino has more BTC to deal with, as well as reward investors with a cut from their house edge.

Nevertheless, casinos are businesses but most, if not all of them have already warned beforehand that investing in their bankrolls might not yield positive returns if their profits drop.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
January 27, 2019, 09:45:12 PM
#50
A well run casino doesn't need outside investors.  Almost all casinos asking for bitcoin investments end up being a scam.  Since casinos have a good business model they wouldn't need your investment unless they are trying to scam.
This is true, maybe some of the new casino might need an investment but the risk is high since they are not yet established and since they control your money, when they are gone, your money is gone too. Most of the casinos also has no license, so that alone is part of the risk, you cannot go after them once they try to scam. With the status in gambling industry now, I guess it's hard to find an investment in a casino, so better invest somewhere else.
legendary
Activity: 1288
Merit: 1036
January 27, 2019, 06:42:06 AM
#49
leaving the ponzi scheme argument to one side for a moment, i would suggest that there are only two kinds of casino-funding schemes to get involved in:

1. Venture Capital investment (which requires full KYC and is not really open to mere mortals like us)
2. Fully trustless (i.e. 100% code-based) public blockchain solutions.

Even then 2 can be dubious unless you are really knowledgeable about the blockchain in question.

No offense, it's a decent enough thread, but I think OP is still stuck in crypto-hype bubble mode of early 2017-18. Money for nothing and your chicks for free...

what crypto-hype are you talking about?
this is a simple casino bankroll investment, he wants to get his coins work for him instead of gathering dust in the wallet
I think you don't have any idea how investments work, since there is no blockchain involved
you deposit your coins and get a share of a global bankroll ,simple as that
and venture capital investment , like , seriously  Grin
Exactly, also there hasn't been a crypto hype for over a year while all the coins value has been dropping, even if you made bitcoin profit in the past year the more likely scenario is that you lose value in dollar. Investing into crypto casinos is not to make money in dollars or not even make money in profit like trading but more like being a small time partner on a casino considering the house always wins.

Anyone who wants to invest into a casino thinks they will make profit since casinos always make profit and that has been around waaaay before the 2017 increase, people were capable of investing into casino bankroll as old as 2014 if I remember correctly, maybe even older that I do not know about. Which means this "crypto hype" of 2017 has nothing to do with someone wanting to invest into a casino.
hero member
Activity: 1218
Merit: 534
January 26, 2019, 12:47:43 PM
#48
A well run casino doesn't need outside investors.  Almost all casinos asking for bitcoin investments end up being a scam.  Since casinos have a good business model they wouldn't need your investment unless they are trying to scam.
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