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Topic: Which gambling sites offers investment - page 3. (Read 3214 times)

legendary
Activity: 3066
Merit: 1312
Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good

What kind of investment sites you are referring to that is safer than investing in gambling site's bankroll?
Many people invest in gambling site's bankroll because they believe that the house is always win especially for long term so it will give good profit, obviously we cant deny that we should be ready for the risk as well. I do not think there is a "safe" investment because risk is involved in any kind of investments.
legendary
Activity: 2842
Merit: 1152
I think the newer casinos and even some older ones accept bitcoin investment option because they want to remove the risk of running out of money during gambling operations. Most of the casinos you see like bustabit and all that actually put their own money into that bankroll as well, hell its almost always the biggest portion when it starts early on.

They just want to give the gamblers a chance to win much more and not have the risk of running out of money, even if you have 1000 bitcoins that you can bankroll a casino and allow people to win up to 30 bitcoins at max, isn't it better that you risk your 1000 bitcoin less and still have a 5000 bitcoin bankroll ? You both make investors rich, you give yourself less risk and you end up with bigger max bet for gamblers, its all around win for everyone.
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.

Well people developing gambling websites for use with bitcoins or crypto might not be backed like a local casino join. Site owners are usually developers who don't have millions of dollars in funds to back up site bankroll. They have to rely on external funding to make the max bet more attractive and be able to financially fund the bank roll.
member
Activity: 588
Merit: 10
Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.

Accepting investment is not related to how popular the site is. There are some popular gambling sites offer investment such as crypto-games, yolodice, bustabit, bitvest. All those sites are popular, aren't they? It is even worst if unpopular site tries to accept investment as investors wont be interested to invest their money on non popular sites as it may not give them any benefit due to the low popularity.

..yeah,,popularity of a gambling site is just one key factor to attract gamblers,, but it is the choice of the investor which site will he going to invest, weather it is popular or not,,just my opinion,,although there are lot of gambling sites that offers investments,,it is not practical to invest much on those sites for there is a possibility to gain a big lost and not a profit for you might be tempted to bet all your investments when you started to gamble on a particular gambling site you prefer..
legendary
Activity: 3472
Merit: 1351
Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.

Accepting investment is not related to how popular the site is. There are some popular gambling sites offer investment such as crypto-games, yolodice, bustabit, bitvest. All those sites are popular, aren't they? It is even worst if unpopular site tries to accept investment as investors wont be interested to invest their money on non popular sites as it may not give them any benefit due to the low popularity.
legendary
Activity: 2100
Merit: 1058
I too agree with Rhavar to a point because he is right about putting into different stuff makes sure you do not have big exposure and lowers your risk but that is applicable on some of the stuff and not everything, if you are going to divide your money into 10 and your first 4-5 casinos are more known and reliable and your last 5 is just shady looking but only ones left type of place that you put in just to divide your money and lower your risk you are actually increasing your risk.

Instead of putting your money into 10+ stuff that you are not so sure about putting it on just one place like bustabit for example would help you much more and it definitely has lower risk than 10+ shady casino. If you can find trustworthy places its always better to divide your money among them but if you can't just put it on the one you trust.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
I very much agree with your reasoning, but not really your conclusion. I've had a lot of success with bankroll-investing (and margin-lending in fact), but I think the absolute key thing is just being extremely disciplined with how much you invest. Many people have this (imo, misguided) idea of finding a "great investment" and then put a lot of money into it. But I think it's way better to find "good investments" and put a tiny bit of money into them.

There's definitely a lot of high-fixed costs into any investment (e.g. research) but I think it's really worth while even for nothing but practice. Because yeah, as you alluded to -- almost everyone who wants your money for "investment" just wants it for their own pockets.

(Also another important thing about diversification is continually taking your profits out. Otherwise it might only look well on paper, but it's all fake profits (e.g. a nascent ponzi) and you end up having too much exposure).

And also what I keep trying to tell myself. The problem with all these investments is that no matter how you want to argue, the owners of the casino/bankroll just want to make profit. Luckily, the ones I have invested in all make money, and they are happy to take their cut from it when your bankroll grows. It's just "free" money for them, they have no risk with your money, the risk is all with us as investors. So never put everything in one basket, and never put everything in all the baskets. I've made great profits too and am happy with how they work but I'll never put anything significant in case one day they screw me.
member
Activity: 476
Merit: 12
Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.
full member
Activity: 798
Merit: 104
But I wonder what do you mean by dark secret on investment in gambling site?

I assume he's referring to the server seed? Pretty much all [1] investing sites you have to put 100% faith in the operator, as the operator knows the server-seed and can use it to undetectably cheat investors.



[1] I think bustadice is a possible exception. But the guarantees are still weak enough that you might as well treat it the same.

This is not good for the investor who assume a safest and good return well this case is not unique in gambling industry since making investment is high risk the possibility of cheating is always their.

The first Gambling site I investment way back 2018 is crypto-games I made some profit but I'm not reinvested again to safe guard my capital from possibility of hacking, cheating or any not good to happen.
member
Activity: 378
Merit: 11
I have never been interested in such sites, but they can sometimes be found in signatures on this forum.
For me, gambling sites are primarily gambling.
I think they could be profitable if you invest on an honest casino. After all there is a saying called "house always wins" for a reason and if you want to gamble than its fine because casinos are for gambling but for people who would like to be on the side of the house because house always wins it makes sense.

The game is mathematically built to make the house win and when investors put their money in that casino even if there are some few big wins by some whales they usually come out on top and profit very well. That is why I feel like putting a bit of your money into casinos could go a lot of ways for someone who is not trading. If you are not going to do anything with your money like trading or investing than instead of putting it on a wallet and just wait its better to put it on a casino and wait like that while making profits.

In this case, investing in a casino would be better at the ICO stage. Why now for many casinos investment if they are a completely finished product? Where will they spend their investments?
sr. member
Activity: 686
Merit: 277
April 30, 2019, 05:02:16 PM
According to my knowledge, Bethash and Eosbet have come up with a great strategy. Both the platforms give chance everyone to earn passive income by just holding their tokens.
Eosbet has been providing the highest dividend at the moment in the market. Due to these incentives, many users have attracted towards the project.
They are indeed giving the highest dividends but the fact is that you would have to gamble about 5 million dollars (wagered not lost) to get 30 dollars makes no sense to me at all. I like them because they can literally grow so big your dividends could be 1000+ who knows but at the same time why would I risk THAT much money just for such a small money right now.

I know you can even make profits while wagering so there is a chance you win while gambling and you win dividends on top of that but that is really not the case most of the time since house always wins. I would rather put my money into freebitcoin where I can get 4 % yearly and if I put 5 million dollars there I will make so so much more money that its not even remotely close to each other so even though the idea is good the execution is still lacking in eosbet.
legendary
Activity: 2557
Merit: 1886
April 30, 2019, 03:55:28 AM
But I wonder what do you mean by dark secret on investment in gambling site?

I assume he's referring to the server seed? Pretty much all [1] investing sites you have to put 100% faith in the operator, as the operator knows the server-seed and can use it to undetectably cheat investors.



[1] I think bustadice is a possible exception. But the guarantees are still weak enough that you might as well treat it the same.
legendary
Activity: 2557
Merit: 1886
April 30, 2019, 03:53:18 AM
Investing in a gambling site is not really recommended in my opinion. Investing your money on gambling sites is very risky, because you might lose your money, and you won't even see it coming. There are dark secrets behind investments on every gambling sites, especially if you are not familiar on a certain gambling site you want to invest your money because you've been carried away because of the hype.

and the word "Investment" has a lot of meaning, by depositing your money in a gambling site just for you to be able to play is already an investment, and also the investment that you will just deposit your money and you'll just passively earn money from it(that I've mentioned earlier) it is like you are investing in some HYIP sites.


I very much agree with your reasoning, but not really your conclusion. I've had a lot of success with bankroll-investing (and margin-lending in fact), but I think the absolute key thing is just being extremely disciplined with how much you invest. Many people have this (imo, misguided) idea of finding a "great investment" and then put a lot of money into it. But I think it's way better to find "good investments" and put a tiny bit of money into them.

There's definitely a lot of high-fixed costs into any investment (e.g. research) but I think it's really worth while even for nothing but practice. Because yeah, as you alluded to -- almost everyone who wants your money for "investment" just wants it for their own pockets.

(Also another important thing about diversification is continually taking your profits out. Otherwise it might only look well on paper, but it's all fake profits (e.g. a nascent ponzi) and you end up having too much exposure).
legendary
Activity: 3066
Merit: 1312
April 30, 2019, 03:45:45 AM
Investing in a gambling site is not really recommended in my opinion. Investing your money on gambling sites is very risky, because you might lose your money, and you won't even see it coming. There are dark secrets behind investments on every gambling sites, especially if you are not familiar on a certain gambling site you want to invest your money because you've been carried away because of the hype.

Is there any investment that is not risky? Surely there is no guarantee investment because all investment are risky. But I wonder what do you mean by dark secret on investment in gambling site?

and the word "Investment" has a lot of meaning, by depositing your money in a gambling site just for you to be able to play is already an investment, and also the investment that you will just deposit your money and you'll just passively earn money from it(that I've mentioned earlier) it is like you are investing in some HYIP sites.

If we stick into the main discussion, investment in gambling site is by investing your money on the house's bankroll. If you say that by playing your deposit is an investment than I can say that it is wrong, playing your deposited money on a casino is not investment but gambling.
hero member
Activity: 1400
Merit: 571
April 30, 2019, 03:27:27 AM
Investing in a gambling site is not really recommended in my opinion. Investing your money on gambling sites is very risky, because you might lose your money, and you won't even see it coming. There are dark secrets behind investments on every gambling sites, especially if you are not familiar on a certain gambling site you want to invest your money because you've been carried away because of the hype.

and the word "Investment" has a lot of meaning, by depositing your money in a gambling site just for you to be able to play is already an investment, and also the investment that you will just deposit your money and you'll just passively earn money from it(that I've mentioned earlier) it is like you are investing in some HYIP sites.
member
Activity: 714
Merit: 10
Join @Bountycloud for the best bounties!
April 29, 2019, 05:10:47 PM
According to my knowledge, Bethash and Eosbet have come up with a great strategy. Both the platforms give chance everyone to earn passive income by just holding their tokens.
Eosbet has been providing the highest dividend at the moment in the market. Due to these incentives, many users have attracted towards the project.
full member
Activity: 542
Merit: 119
Hello World 👽
April 29, 2019, 04:33:52 PM
According to my knowledge, Bethash and Eosbet have come up with a great strategy. Both the platforms give chance everyone to earn passive income by just holding their tokens.
legendary
Activity: 2842
Merit: 1152
April 29, 2019, 01:44:15 PM
Eosbet seems to created a new sort of wave which means there will be more and more places where you get to gamble and have a share of the dividends and early investors with much better ratio will get profitable all the time.

Look at eosbet, even though its not that amazing right now some people made about 1:1 ratio and those people literally spent about 30-40 thousand dollars (just wagered, could have won or lost it doesn't matter) and now they are making about 200 dollars per week, now I am not saying its going to be like that for every other website as well but if I get to just use 30 thousand dollars and not even have to lose it than make about close to a thousand dollars per month than I am going to at least give it a shot. Unlike now where you need to use like millions of dollars.
legendary
Activity: 1834
Merit: 1008
April 29, 2019, 12:58:22 PM
Eos bet offers you a great amount of dividend instead of holding their tokens. According to them right now they are the highest dividend payer in the market.

I do not think this what OP search for, investment on gambling site is what he asked for. Anyway there is so much difference between gambling investment and dividends, both of these investment sure giving a payout but gambling has much risk with a better payout, meanwhile on dividends there is smaller risk with lower payout. And more offer do you even see some gambling site collapse? I rarely see that, so if you understand then you will know why OP asking for gambling sites investment
member
Activity: 588
Merit: 10
April 28, 2019, 05:37:12 AM
Eos bet offers you a great amount of dividend instead of holding their tokens. According to them right now they are the highest dividend payer in the market.
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