Will Casino Investors Become Worthless Someday? - page 2.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: piloder on August 16, 2017, 11:12:34 AM

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Not all casino are going through this and the one who have done this earlier might get maximum profit, all other copy cat projects might not get even minimum threshold because sooner or later investors of those ICO's will know the trick behind all this ICO before starting a working casino.

I haven't invested a penny in such ICO's .

Well, aren't they going to distribute profits the same way they would with the bankroll?
+ they are able to move funds more efficiently and invest into marketing which they wouldn't be able to do with bankroll investments

piloder

legendary

Activity: 966

Merit: 1006

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Not all casino are going through this and the one who have done this earlier might get maximum profit, all other copy cat projects might not get even minimum threshold because sooner or later investors of those ICO's will know the trick behind all this ICO before starting a working casino.

I haven't invested a penny in such ICO's .

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

ICO based on the casino seems already being the new trend that i saw several project ICO had this concept but worthless or not it will determine from the investors itself because if people more likely to choose and liked this concept then maybe it would not become worthless and with the growing of the casinos based on cryptocurrency currently i think there is a chance this concept will be last long

eternalgloom

legendary

Activity: 1792

Merit: 1283

I have no idea why they opt to get investors through an ICO instead of just opining their website to investors, like Crypto-Games does, for example.
Seems like an ICO is a good way to get a lot of bankroll with minimal investment on the owners part, which makes it a lot riskier.

I'd personally stick with just investing in proven casino's, much safer imo.

Yuhee

sr. member

Activity: 546

Merit: 250

Quote from: chris200x9 on August 16, 2017, 09:19:47 AM

Quote from: DrGuns4Hands on August 16, 2017, 09:03:45 AM

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income every day.

We have two chances to get losses in investing on casino sites. One is if the casino shut down without intimating investors and another one is if the casino gets negative feedback from many users then it will lose players the profit will be reduced and finally you may have a chance to lose your investment. We can make a profit in investing on casino, but you should invest only in an old casino that running for at least couple of years and it should be rated well by users.

Well as long there are ads on there site and anything links then they really are profitting or even visits and views or tries on there site. It can be just an extra profit if there would be any high profile players wanting to make bets on that site. Because i dont think they will have bad insights on the sight. Probably after they have gotten how much they invested on that site, they would start making plans on how to go out without being caught.

BlockEye

legendary

Activity: 1148

Merit: 1097

Bounty Mngr & Article Writer https://goo.gl/p4Agsh

Quote from: MintCondition on August 16, 2017, 09:17:22 AM

Quote from: bajing on August 16, 2017, 08:32:44 AM

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

The only thing that I don't like about casino launch an ICO was the price volatility of the share. Because if someone that holds huge percentage decided to pull out shares. The value of the remaining will decrease and it will cause a chain reaction that may result on loss of casino.

Well that's pretty true,we don't know who are those investors who invest and ICO's have no guarantees that those investors will not withdraw it. Some ICO which successful at end of ICO but upon release of tokens some were withdrawing it that causes offloading of funds of the company that makes the project failed well this cases were not from gambling casino having ICO it's base on some ICO stories.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: DrGuns4Hands on August 16, 2017, 09:03:45 AM

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income every day.

We have two chances to get losses in investing on casino sites. One is if the casino shut down without intimating investors and another one is if the casino gets negative feedback from many users then it will lose players the profit will be reduced and finally you may have a chance to lose your investment. We can make a profit in investing on casino, but you should invest only in an old casino that running for at least couple of years and it should be rated well by users.

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: bajing on August 16, 2017, 08:32:44 AM

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

The only thing that I don't like about casino launch an ICO was the price volatility of the share. Because if someone that holds huge percentage decided to pull out shares. The value of the remaining will decrease and it will cause a chain reaction that may result on loss of casino.

DrGuns4Hands

hero member

Activity: 910

Merit: 550

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income everyday.

bajing

legendary

Activity: 1176

Merit: 1001

The most Professional Cryptocurrency Casino

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Ive known that Bitdice and Betking do ran an ICO and i didnt see other old gambling site do with the same flow but there are new gambling sites do decide to come up with and ICO and i would say its not really bad to have this kind of step when it comes on seeking investors. The main thing here is that when a particular ico investor bought on ico price and the price of token have been dumped because its either on those bounty hunters then for sure investors would really be on negative when they tend to sell out on cheaper price which means they would actually be included on the waiting game on where prices would come up again comparing into the system on the tradition profit sharing.

ralle14

legendary

Activity: 3346

Merit: 1914

Shuffle.com

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Imo only some of them will go through this path of ico and i'm not a fan of it because I haven't seen one bitcoin casino become succesful with it.

Quote from: MinerHQ on August 15, 2017, 09:56:22 PM

But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

If they're having problems with money then they could just reduce the profits of the investors.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

good question mate as we seen known gambling house open their ico token allowing new investors to join its a good way to earn for people who loves to make new venture and like what you have mention maybe if this become successful more and more casino house will ride this way and give more opportunities for everyone.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: mrcash02 on August 15, 2017, 09:17:26 PM

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

maybe they found new method to attracted more investor to join with them. so far, if they think it will work then they will continue to work on ICO. and for investor, as long as they can reach big profit, then i think they don't problem with the new way of the casino and they will place their money in that ICO. so both, casino and investor, will get their profit with this way. but for other new casino, i think not all of casino will do this way but soon if they think it give benefit to them, they will follow too.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: MinerHQ on August 15, 2017, 09:56:22 PM

Some of them who went to ICO method also sharing profits on a regular basis as a dividend means even from ICO investment you can get a profit share from casino profits. But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

Yes, that is what it seems, slowly they are going into the ICO route... Smart move from their side, not so good for casino investors.

To receive profit shares in a regular basis is good, I didn't know they would give this advantage to ICO investors, I thought they would just buy all the tokens back and it's over.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Some of them who went to ICO method also sharing profits on a regular basis as a dividend means even from ICO investment you can get a profit share from casino profits. But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

Tipstar

sr. member

Activity: 1932

Merit: 300

Vave.com - Crypto Casino

We've seen few go through this ICO and s***.
I don't think the motive of all of them are similar but ICO are not as free and open investment for investors as to invest directly in the bankroll.
There are still few established sites letting investor to directly invest in bankroll and I hope they'll continue to do so.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Topic: Will Casino Investors Become Worthless Someday? - page 2. (Read 564 times)