Topic: Will you invest on this kind of offer? - page 4. (Read 831 times)

That's under the pretense that the person you'll be co-walleting with's not gonna dupe you out of your hard-earned money. And I don't need to tell you how fucked this industry is sometimes for you to understand that 9 times out of ten hackers and scammers here will take the chance to steal your money if they are given. Plus I don't understand the appeal of shared bankrolls either, if you can't afford to take out a piece of your investment to gamble and have fun then maybe you shouldn't gamble in the first place. If it's that hard for you to even fork out a couple bucks for any reason whatsoever then I guess you should look for other ways to enjoy yourself and stop considering gambling cause personally, you shouldn't adjust to your gambling desires, your gambling desires should adjust to you as a potential gambler. I say look into other options like getting a job so you can fund a hot wallet and use that as your bankroll, or perhaps find a way to get some moolah out of your air-gapped wallet in such a way that it's not gonna pose that much risk on you. There's a plethora of choices and shared bankroll investment's at the bottom of the list.

Make up your mind broskis, this is going to work in an ideal world where no one's too evil to fuck with your money but judging by the makings and the history of this industry I wouldn't really count on people just working out of their own good will.

If a gambler is coming to collect or borrow money from your hand and use it to play gambling they would not tell you that they want to use it to play gamble but will deceive you to collect it and go and play the gamble and loss it to the casinos. But bankroll investment is good because it helps you to plan well to win and make profit. Though gambling is unpredictable because nobody knows whether you will win or not.

Do you leave a collateral to the borrower or to one escrow? Because how will you refund the loan if you lose all your bankroll? There is no guarantee you will return any fund if you lose without collateral. You could just say sorry bro, I lost it all I can't refund you and disappear elsewhere, even if you had good intentions initially. Gambling games/games of chance are random, it's their goal, so you can't predict your success unless you have a very efficient strategy.

The idea is at least unusual. It’s worth noting right away that taking out a loan is the most unreasonable idea. Apparently you understand this yourself.
Regarding your proposal, you need to immediately make it clear why a person interested in this should invest in you, what are your results, what experience do you have, why you?
And the second important point is how you provide risks, that is, you say that if the bets don’t work, then you simply return the money without interest. What are the guarantees, why should a person believe in this?

Even if a reputable member will offer that, I will not participate in it.

We are talking about gambling here and no gambler can withstand the losing scenario in gambling even if there's an offer of a refund. But in reality, I don't think someone will offer a full refund in case of loss as what's the point of that offer?

There's no assurance that everything will be smooth. Profit sharing is good to here but this is gambling.

I don't think I can support this kind of idea because, well, gambling is risky and it depends on how much you can afford to risk. In addition, as you mentioned, there's a chance I could lose my investment, so its a no for me. I mean, I can manage my own bankroll and I don't need someone to join me because, in the event that we have a disagreement over money or there's a misunderstanding, there's a chance he won't return the money I invested or won't give me a share of the profit. That is why I would much rather invest on my own and wait a long time than put my money in someone else's bankroll and wait a long time without a guarantee that he would return it. Since there are a lot of fraudsters in the world these days, it is better to be sure of our own safety than to risk losing defense.

What you are asking as a hypothetical idea is a literal definition of loan. You even said that you consider it a loan without any interest. And reason you are lending it for doesn't speak highly of your judgement on finances.
Because it sounds like you want people to fund your gambling habit. Saying you would share winnings requires a lot of trust. Trust for a someone who is lending money for gambling that is. And these people could just gamble their money themselves and keep the winnings. It's way safer for them then trusting someone without any collateral

If you have money on time lock stake, practise patience. They are in time lock probably, because you thought it was a good reason. Old saying that you can't have your cake and eat it too fits here.

My answer will be a simple NO. The reasons are:

- Because I'm a gambler, I know to myself how to play game
- Not comfortable to share bankroll with others as I can do the managing by myself
- How good that user is or what's the Win/Loss stats in average

Anyways, the response might be different for those who are not really involved much in gambling.

I read with interest the topic about bankroll, the link you provided.Also I was intrigued by your idea about bankroll investing and would like to share my thoughts. First about the pros: No interest: I like that you don't plan to charge investors interest. This differentiates your approach from traditional gambling loans. Flexibility: Your system allows investors to share in the profits without risking losing more than they put in. Now for the possible downsides: Limited availability: Only suitable for users with a good reputation, which narrows down the pool of potential investors. Risk of fraud: Without clear rules and guarantees, investors may fall victim to fraud. Long Waiting Time: Some investors may not be comfortable with a model where you have to wait for a certain date to make a profit. Overall, your idea has a lot of potential, but needs to be carefully considered. The rules, safeguards and investor protections need to be clearly defined. In this regard, I have some questions: Is it possible to create a rating system for investors? How will disputes be resolved?
P.S. I would like to note that this is just my personal opinion and I am not an expert in the field of investments

Yes bitvest still do it )

Your benefit is clear: you take out an interest-free loan. What is the interest of the one who provides the loan? Is it possible that he will share the profit with you (the likelihood of this is low because the casino is always stronger than the player)? I think in order to lure at least someone into such a scheme, you have to interest him more seriously than just “well, maybe I’ll win.” And this is even without taking into account all the other issues with reliability, etc.

The gambler who playing the gambling should play it with the guarantee risk in the game.Because many gamblers start to play without analysis the risk in the game,but after the loss he start to complain the gambling site.The gambler who agree the gambling money as the risk money and playing the gambling with the entertainment idea will make huge money in now a days.By repeatedly playing the game the gamblers get more knowledge about the gambling game.The gamblers who break the principle of their free money to the gambling site will suffer a lot of money then the expected one.Because the gamblers will inverse money from all the resources.

In the first place my fears about borrowing to gambling is not as such of considering the interest rate nor the time factors at when to payback. Instead my fears lies upon the insurance in gambling in the sense that I already feels a 99% chances to loose and just 1% of faith that I may win the bet.
So, it is not reliably wise enough of me to borrow money in such circumferences.
So, my fear whispers me that once I looses the bet, then I would have to borrow again, have mine hard earned money to payback a loan that I never enjoyed a dime of it or I would keep being indebted as a result of inability to pay back.

Not only you have the feelings on this, an average right mind thinking gambler should know that he's not supposed to do some certain things and therefore must set some particular limits to how far he must go while gambling, I buy the idea of having savings but not exactly as having it through our casino bankroll, beca we will not be able to achieve anything than spending them all on gambling again, unlike if it were to be somewhere else different for such savings.

when I lend money to a gambler, it is the same as placing a bet. Where there is no such thing as a money back guarantee. When we lend money to a gambler, we must be prepared to lose that money. Even though they always said sweet things and even promised to return more of the money they borrowed. But to hell with them, because when they win they will continue to avoid you.

Giving a loan to a gambler is the same as losing the money we have and supporting his bad behavior in gambling. This has the potential to be detrimental to the individual's welfare. And it would be better and wiser if we provided support in other forms, such as promoting positive changes rather than continuing to facilitate themselves in activities that could harm them financially and emotionally.

Awareness of the social and financial consequences of such actions is critical to minimizing negative impacts and encouraging individual accountability for their decisions.

The only time that you would really be saying that gambling would become an investment is on the time that you would really be that investing on the house itself or you're the owner of the said platform but on the time that you are really just that making yourself having those bets then i dont see for it to be an advantageous thing for most gamblers. Investment isnt really a right term to be in use but rather it would really be that better that it would be called on funding out a particular betting choice of those gamblers who are proposing for pooling of funds and getting some %
in overall profit which it would really be that basing up on the money for capital that you had put on.

Gambling is not a reliable undertaking. I would not advise the Op to take on this, even though they said they are only speculating on it at this point.
Even those influencers on social media who talk on gambling and post winnings regularly still lose a lot of the time, but they would not post their losses which happens a lot of the time cause that does not support their narrative which they want to give to their followers.

- Jay -

I find this unnecessarily complicated, if there is anyone out there which has a method to beat the casinos consistently, and they have the money to do this, I consider a mistake to try to convince other people to fund you and pool their funds to do this, wait until your coins are free or simply assume the risk of moving your coins to a casino and do this on your own, this way you will not have to share your profits, and if you were right about your gambling capabilities you will obtain enough profits so you can return the balance you sent out and gamble just with the profits you got.

I have never seriously considered this kind of investment as I think it is too risky. In my opinion, it is much more promising to invest in cryptocurrencies, to participate in DeFi. Of course, it is also risky, but in this case you can not keep all the funds in one basket and diversify as needed. At least I know a large number of people who have been earning a living only in this way for several years.

I will not also involve myself in something like this. If it is gambling, their is definitely risks involved which may later not favour the investors. The topic link that OP put in the opening post is talking about gambling sites bankroll which is about someone to invest on gambling site bankroll just like investing on a gambling site. If gamblers are losing, the investors are gaining. And we know that gamblers are losing than they are gaining. That makes that kind of investment to be good, unlike this one.

Alright then. I personally would not be interested in this sort of arrangements. I consider gambling to be fun and not an investment and anyone who is interested in being sponsored to gamble takes it a little too seriously.

Some others may be interested, if there is a clear indication that they bear no risk, this can be done through using an escrow, but that will still require you to move the bitcoins you did not want to move in the first place. If you can provide that assurance, you may find willing players.

- Jay -