Will you invest on this kind of offer? - page 2.

maydna

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Quote from: Juse14 on February 04, 2024, 08:34:11 AM

Investors involved in this type of investment may need a good grasp of regulations and security, so it may take a while before making a decision.

Although the OP's suggestion to mitigate interest risk and offer an alternative for individuals susceptible to gambling appears wise, it is important to acknowledge the existence of potential risks. One such risk is dependency on investments, which can lead to considerable financial distress when managing personal finances.

Before fully involving ourselves in this kind of scheme, it is important for us to consider the financial implications and other important matters, conduct thorough research first, and involve the applicable regulations.

Most people will not study or try to understand the rules or security of the site and immediately register themselves. They are trapped by an offer that is too good to be true, so they are willing to use the money to start investing. But many also want to test the validity of their sites with the money they can afford, knowing that such sites can disappear quickly and take all their investors' money with them. Every investor really needs to investigate everything about the investment program before they join and deposit their money. If not, they will only experience fraud, which will make them disappointed because they have lost their money. Instead of risking losing money on the investment site, they are better off holding their bitcoins in their wallet and just waiting for the price of bitcoin to rise so they can sell their bitcoins at the next highest price. It will definitely provide maximum benefits for them.

sunsilk

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I've seen that type of personal bankroll where friends and relatives and friends of friends are likely got that type of offer. I'd say that I've seen most of them that didn't go well and likely ended as a scam.

I don't want that to happen to you or to anyone OP. If it's being offered by an individual, much better if you go ahead and invest it to the actual casinos that has it than to any person.

Quote from: Juse14 on February 04, 2024, 08:34:11 AM

Investors involved in this type of investment may need a good grasp of regulations and security, so it may take a while before making a decision.

The risk there and it's certainly high and that's why it's better to take risk that you know and calculated than to something like this.

FanEagle

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Quote from: ajiz138 on February 02, 2024, 11:40:01 AM

Not interested in this kind of investment offer because maybe for me too risky, will not take any action if not in line with my thoughts.

Maybe this is a different kind of bankroll investment offer because you are the one betting not the casino that is operating all this, now the doubt is that if you will lose more will it be returned while you will be able to do that?

I think the concept is a bit different from other bankrolls but from my own understanding it is less attractive even though there is a profit sharing if your bet wins.

I've never done a bankroll investment before so I don't know how it works, but what OP suggested isn't a risky way as long as the person collecting investments is trusted or there is a way for them to provide some security for the investors because he is saying that if the investment is lost, he will repay the amount in full and if he manages to win something with it, the investor gets a share of the profits because of the investment.

So, as said by some other users, I wouldn't mind testing it out with an amount that I can afford to lose even if it won't be lost based on OP's promise, but only if I'm sure that the guy collecting investments is completely trusted and we get to see and experience how he gambles with the money to also enjoy the adventure and see how it works.

Juse14

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Investors involved in this type of investment may need a good grasp of regulations and security, so it may take a while before making a decision.

Although the OP's suggestion to mitigate interest risk and offer an alternative for individuals susceptible to gambling appears wise, it is important to acknowledge the existence of potential risks. One such risk is dependency on investments, which can lead to considerable financial distress when managing personal finances.

Before fully involving ourselves in this kind of scheme, it is important for us to consider the financial implications and other important matters, conduct thorough research first, and involve the applicable regulations.

Vaculin

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I recently read this topic https://bitcointalksearch.org/topic/--5483853 about bankroll and I become curious to know what’s forum member opinion about my wild idea on bankroll investment.

That is a risky investment as per see. I'm not sure if there is someone who considers that as an opportunity because, for me, it is a suicidal investment. And the chances to get back our money are very slim which I never feel comfortable of doing. If I have to commit a loan for an investment, it should be on the reliable investment, not on this. Better think about it OP before making another step. Remember that not all investments are worthy, just like this bankroll investment. Better to be avoided rather than regret.

Strongkored

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I’m thinking about offering a bankroll investment. I will let interested user to invest on my bankroll and share profit. The advantage on this offer is I will refund the investment in case my bankroll loss since I will consider this a loan money without any interest. It’s either share profit or refund but the only catch is all investors need to wait for the certain date which I will set before the investment start.

Because you will return it if you experience a loss, I think there will be those who want to invest in the system you offer because investors will think there will be no losses, it's just that there is no chance of making a profit because the chance of winning at gambling is not something that can be guaranteed or regulated that we get a profit of what percentage than expected.
But if there is a casino that offers investment in their casino it will be much better and more interesting because the casino can almost certainly be a profitable business, especially if the management is very good so that investors get very definite profits, only the amount is not certain.
However, in all forms of investment there is still a chance of loss, for example, even though the person offering the investment is a very trusted member, that doesn't mean he can't run away with the money or is irresponsible when things are out of his control, the same goes for casinos, so in online investment, there is no 100% guarantee free from scam.

letteredhub

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Quote from: coin-investor on February 03, 2024, 11:00:51 AM

Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I’m thinking about offering a bankroll investment. I will let interested user to invest on my bankroll and share profit. The advantage on this offer is I will refund the investment in case my bankroll loss since I will consider this a loan money without any interest. It’s either share profit or refund but the only catch is all investors need to wait for the certain date which I will set before the investment start.

PS: This is not real bankroll offer but just a hypothetical idea just to know if the community will like this kind of offer. This is only possible for user that has good reputation since trust is the main issue here. This method might help someone who regularly loan for gambling to stop paying loan interest in exchange of profit sharing.

You need to have a good reputation in the gambling community you need to be transparent and you need to be very good at gambling because they are trusting their money to you, they will prefer to invest in casino bankroll than a player's bankroll because the casino has an edge over a player, and if I'm the investor I don't think waiting for a certain date before the investment start is good for my investment..

Apart from the reputation and transparency aspect which is very sacrosanct for someone like myself before I could want to risk my penny into the hand of another person to gamble with it you have showed me your level of gambling success you have made in many previous bets you have played and they have to be convincible enough. Because for a gambler to hand over his money to a fellow gambler for a bankroll kind of investment sort of thing he must have seen veritable reasons to believe in your capacity to deliver because what investors will want to hear is you are delivering and not excuses at the end.

Zanab247

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Taking a loan to gamble in the gambling center is not advisable because gambling is not like other investment you can borrow money or loan money to invest and recover the money easily, but in gambling, it will put you in trouble in away it will frustrate your efforts in the community.

Just avoid that kind of offer and look for where to work to get money to gamble which it will be more peaceful whenever you are gambling because you don't have anything to worry about like those that accepted the offer and they are losing which is a big worry at the moment.

traderethereum

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I don't want to try it because it was too risky for me. Maybe you want to return investors' investments if your money is lost, but there is no guarantee that everything will run smoothly. Moreover, we know that in gambling, we will not always be able to win easily and often.
Rather than risk losing money, it's better for me to pass up an offer like that. Besides, I don't want to take too much risk beyond what I can afford.
Maybe this search can help people who regularly borrow money but can't participate in gambling because you are the one gambling, and those who invest with you are just waiting to share the results.

ralle14

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I'd most likely avoid that offer since i've seen people, even trusted ones, suddenly dip with the money after providing a similar offer that sounds too good. I'd better take my chances with casinos if they have the same reputation, and I don't mind taking small losses when you can eventually gain them back with the help of the casino's edge. To me, I don't have to worry as much when casinos have more reasons to keep operating and could earn more in the long run.

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Quote from: KTChampions on February 03, 2024, 12:58:37 PM

Quote from: Quidat on February 03, 2024, 03:35:03 AM

Quote from: KTChampions on February 03, 2024, 02:57:03 AM

If I understand correctly, the OP does not propose investments like a financial pyramid where the first ones have an advantage and, in general, everything depends on the chain of investors not being interrupted. There are other risks here (for example, the risk that he will simply lose his bankroll), but the risk that there will be a loss (accidental or intentional) of funds under management is also present. But still, these are different risks, since in the case of financial pyramids they inevitably end, and in the case of investing in a bankroll, there are theoretically successful options for how all this can end with profit for all parties.

If we do really make out on reading up OP's words that he doesnt have plans and really just that trying to look on whats the idea of the community in regarding into this matter.
Just like on what others been saying that this isnt really that an investment on which you are trying out to pass into other people and believe that it could bring out that potential profits that
even yourself cant be able to do so. There are ones who are really that having those realistic approach and there are ones who do get blinded with those kind of false hopes.
I agree on most words on here that trust would really be the main issue on here on which if ever you wont really be able to give out any proofs that you are really that doing well
with your gambling or simply not that attractive then it would be basing into that one.

The fact that this is not real crowdfunding of money, but a proposal to theoretically discuss such an idea is understandable, I saw a postscript about it.
As I already wrote in my previous message, I cannot understand what the interest of the second party (who gives the money) will be, what the interest of the first party is is clear (and it is directly written about this - an interest-free loan). I think we are not considering the case of a friend/family investment so we must find a realistic motivation for the other party to make such an investment. At the moment, even with some of the arguments from the first post, it looks clearly unprofitable.

Would say it again that its never been considered to be an investment, we are talking about gambling on here on which this is basically talking about taking risks on which there's no point
on trying out to connect it to be an investment which it is really that an another story. Just like on what you have said that the second party who would really be giving the money
will really be always be having those questions in their mind on how the heck they would really be making out such decision? What for? if they could be able to
make their own bets with their own money. This is why it doesnt really have any sense about trying to have that kind of pooling of funds just to have that same action to be done
which you could be able to do in solo.

bitvalak

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In my opinion, this method is not effective because whatever form of investment, if it is mixed with the world of gambling, of course it will be difficult to maintain in the long term. Moreover, the money used here is crypto, of course people will easily choose staking sites with smaller risks. Even if you promise that if you lose the money will be returned 100%, people will not be easily tempted because apart from sacrificing money they are also sacrificing time. An investment that takes time, of course they also want to get interest, even if it is small.

Gozie51

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I’m thinking about offering a bankroll investment. I will let interested user to invest on my bankroll and share profit. The advantage on this offer is I will refund the investment in case my bankroll loss since I will consider this a loan money without any interest. It’s either share profit or refund but the only catch is all investors need to wait for the certain date which I will set before the investment start.

You may end up losing your bankroll investment and you keep refunding it, why don't you gamble it yourself?

Gambling has no guarantee and you can't hold someone who doesn't have a winning and nothing to share. Well, I have seen this kind of idea in offline gambling where someone provides some games to gamblers to stake and afterwards they request for certain percentage of the expected winning and most times he doesn't get any share when the game fail.

So like you said, it is just hypothetical what you said and I don't think it will work.

Nwada001

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Quote from: SeaCoinCollector. on February 03, 2024, 12:49:57 AM

It's a unique way to get money to play with without having to pay interest. It sounds like you should let people who are interested invest in your cash. Everyone has a reason to make money, and the promise of a return if they lose gives people a safety net. People will know you are honest and fair if you give them a clear start date for the payment and let them wait for the results. But it is very important to know all the rules, such as the risks that might come with gaming. People should know a lot about the account before they decide to put money into it. Having an organized deal or contract could also help everyone know what to expect and make sure everything goes smoothly.

Do you know that it's very hard most times to know who will pay back debt until you have gone into a cash deal with them? And another thing here is that if I borrow money from a gambler, the game that I borrowed the money for does not play, and this money that I borrowed was as a result of my assurance in the game.

Do you think I will be happy that my game does not play as planned? And when I'm not happy about the game result, do you think I won't see paying back that loan as a waste of money? It might appear that I didn't use the money for anything useful, even though the lender has nothing to do with it, and all this was my decision. I don't just support and buy the idea of taking out a loan to fulfil my betting desire.

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Quote from: Ever-young on February 03, 2024, 09:11:46 AM

Some gamblers go as bold as telling who they want to borrow money from that they are using it for gambling and they are certain of the match outcome even when we all know how gambling results ends most of the time it’s still not stop some gamblers from doing their borrowing to gamble I have had such friend before who is still paying some debt up till sometimes last year, no matter how sure you think the game appears to you I don’t think it’s wise to borrow to wager for such game the risk is always high.

The risk will indeed be greater when gambling using borrowed money, moreover will be the obligation to make installments with the interest on the loan.
I don't know why people dare to make loans to gamble, even though the risk is great.

Gambling will not provide a sure thing, sports betting, card games, moreover slot games that have greater risks because there is no guarantee someone who is professional in gambling can win easily.

Wakate

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Quote from: Westinhome on February 03, 2024, 10:19:06 AM

Quote from: slapper on February 03, 2024, 03:54:12 AM

If recreational gambling is not done under strict control, it can quickly spiral out of control. You've really hit the mark when you say that understanding your boundaries is key. Let's face it, though: not everyone is suited for this level of discipline. The instant you begin to rationalize defeats as "near victories," you're inviting disaster

While it's not an oxymoron, responsible gambling is also not an open-ended celebration. It requires a mentality as uncommon as hen's teeth: the capacity to give up whether you win or lose. You make reference to using money you're willing to lose, and it is excellent counsel. To emphasize, though, it's not enough to simply accept defeat - you also need to resist the urge to let it lead you to make bad choices

The gambler should set their bounty limit in the gambling,if he fail to set the target of winning.The target doesn’t have any limitations,So the gambler easily get into the greedy when he get the profit phase in the gambling.But by that greedy the gambler will forgot the phase of bad luck in the gambling.Because the bad luck also the part of the gambling game,the same winning money can be loss in the gambling site by the bad luck to the gambler.So the gambler should learn the game by the practice of some money.But he should take responsibility for that money,the gambler who learn the game will make money easily using the gambling site.

There are those that have big dream as gamblers wanting to win jackpot but that do not necessarily mean that we have the take risk that is too bigger that our bankroll. Gambling is a way for us to double our bankroll multiple times and there are ways these are done. I will never support any attempt to bet more than what is in our bankroll. Making money is one of the sense of gambling and there are ways they are done. There is no need to go get a loan to bet on games maybe we thought that we could make profits from. That is wrong because everything we do as gamblers is to try and win and the confidence should be too high.

EarnOnVictor

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

-snip-
PS: This is not real bankroll offer but just a hypothetical idea just to know if the community will like this kind of offer. This is only possible for user that has good reputation since trust is the main issue here. This method might help someone who regularly loan for gambling to stop paying loan interest in exchange of profit sharing.

I quite understand you OP, but I advise you that this should just be left in the imagination and shouldn't be in reality, or else, you will regret it. First, have you asked yourself how many gamblers are losing? If you cleverly come up with a reasonable answer to this, you will know that your money might be at risk. If you are not collecting interests, you make matters worse, and if I may ask, what will be your gain? Do you mean the gains they got from gambling which is not feasible? How many people actually will get that gain from their gambling activities? C'mon, you should just don't do it.

As much as it is not good for you because of the no-interest involvement, it is also not good for you because people will take advantage of you. This is no-risk gambling for the interested bettors, so many will also not care about being serious with their gambling but just gamble all the same and take senseless risks since the money is not directly from their pocket but indirectly from yours. Conclusively, I do not see how this is helping you in any way because a little among them will win and remit gains to you but I can assure you that many more would lose and will transfer the loss to you.

KTChampions

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Quote from: Quidat on February 03, 2024, 03:35:03 AM

Quote from: KTChampions on February 03, 2024, 02:57:03 AM

If I understand correctly, the OP does not propose investments like a financial pyramid where the first ones have an advantage and, in general, everything depends on the chain of investors not being interrupted. There are other risks here (for example, the risk that he will simply lose his bankroll), but the risk that there will be a loss (accidental or intentional) of funds under management is also present. But still, these are different risks, since in the case of financial pyramids they inevitably end, and in the case of investing in a bankroll, there are theoretically successful options for how all this can end with profit for all parties.

If we do really make out on reading up OP's words that he doesnt have plans and really just that trying to look on whats the idea of the community in regarding into this matter.
Just like on what others been saying that this isnt really that an investment on which you are trying out to pass into other people and believe that it could bring out that potential profits that
even yourself cant be able to do so. There are ones who are really that having those realistic approach and there are ones who do get blinded with those kind of false hopes.
I agree on most words on here that trust would really be the main issue on here on which if ever you wont really be able to give out any proofs that you are really that doing well
with your gambling or simply not that attractive then it would be basing into that one.

The fact that this is not real crowdfunding of money, but a proposal to theoretically discuss such an idea is understandable, I saw a postscript about it.
As I already wrote in my previous message, I cannot understand what the interest of the second party (who gives the money) will be, what the interest of the first party is is clear (and it is directly written about this - an interest-free loan). I think we are not considering the case of a friend/family investment so we must find a realistic motivation for the other party to make such an investment. At the moment, even with some of the arguments from the first post, it looks clearly unprofitable.

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I recently read this topic https://bitcointalksearch.org/topic/--5483853 about bankroll and I become curious to know what’s forum member opinion about my wild idea on bankroll investment.

First of all, I really hate loaning for gambling because of the interest and repayment date of the loan so I think about a better way on how to borrow money without paying interest just to fulfill gambling.

Let’s assume that you can’t gamble because you don’t want to move your crypto outside your air gap wallet or your coins is currently on time lock stake.

I’m thinking about offering a bankroll investment. I will let interested user to invest on my bankroll and share profit. The advantage on this offer is I will refund the investment in case my bankroll loss since I will consider this a loan money without any interest. It’s either share profit or refund but the only catch is all investors need to wait for the certain date which I will set before the investment start.

PS: This is not real bankroll offer but just a hypothetical idea just to know if the community will like this kind of offer. This is only possible for user that has good reputation since trust is the main issue here. This method might help someone who regularly loan for gambling to stop paying loan interest in exchange of profit sharing.

OP, firstly is it even a good idea to loan money for gambling, for me the risk is high, you are embarking on two risk at the same time, loaning and gambling are two uncertain moves, gambling is not a business that is profitable sure, you just gamble with that the mindset that you may win not that you are sure of the winning, let's be careful what we chose to do so that we won't be in indebted and depressed as a result of the situation.
No matter how you manage your loses once a portion of that fund is lost it becomes an issue, so let's not do things that will be detrimental, no matter how inquisitive we are in the pursuit of money, let's not be use of own hands and make ourselves poor.

coin-investor

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Quote from: dimonstration on February 02, 2024, 06:47:33 AM

I’m thinking about offering a bankroll investment. I will let interested user to invest on my bankroll and share profit. The advantage on this offer is I will refund the investment in case my bankroll loss since I will consider this a loan money without any interest. It’s either share profit or refund but the only catch is all investors need to wait for the certain date which I will set before the investment start.

PS: This is not real bankroll offer but just a hypothetical idea just to know if the community will like this kind of offer. This is only possible for user that has good reputation since trust is the main issue here. This method might help someone who regularly loan for gambling to stop paying loan interest in exchange of profit sharing.

You need to have a good reputation in the gambling community you need to be transparent and you need to be very good at gambling because they are trusting their money to you, they will prefer to invest in casino bankroll than a player's bankroll because the casino has an edge over a player, and if I'm the investor I don't think waiting for a certain date before the investment start is good for my investment.

And if for some reason you cannot play my money will be stuck in your account, so I prefer to invest in casino bankroll because of the casinos' house edge and my money will not be stuck it will keep on rolling because there's always new players on casinos that will play.

Topic: Will you invest on this kind of offer? - page 2. (Read 831 times)