Bitcoin Forum

Can you explain to me as a newbie (because I am :) ) where and why is the best place to invest into dice website?

If you go according to the bankroll, crypto-games.net is the best place to invest for now, as it has a low bankroll so you will get a big share of every loss. If you want to go according to stability and reliability, PRC has over 4k bitcoins invested without any problems, but the ROI on the investment will be very long.

You will get a big share of every loss but lose a big share share of every win too. There are risks if the bankroll is low.

Also there is the trust thing, there are always odds that the site will disappears or be hacked and everyone's money stolen

They configure their max bet according to the total bankroll and according to house edge, investors always win in the long run. But why invest if you can't take on a few losses. I had invested 0.1 btc there without any trouble, thats why I'm recommending it.

Great question from you, because i also thinking about it lately and looking for anyone here that can give more info+accurate advice to start investing not only on dice site but at the whole gambling site. And need some recomend site to start investing on it..

There are a few factors you need to consider: site trustworthiness, site wagered, site bankroll, house edge and commission on investment. There is no universal solution as the above factors, especially the first three, could change frequently. Also, instead of investing your coin in just one site, it is better to diversify it into a few sites so that you will be less affected if a site is hacked or a site scams its users or a lucky whale appears on a site.

You can have a look on my site http://dicesites.com to see some of the popular dice sites with invest option. On there you can see how much the bankroll is and how much wagered the sites get. The more wagered a site has, the more profit it is expected to generate (in total numbers.) However, the bigger the bankroll is, the less share you get. Besides that, the house edge and commission are also relevant, which is currently not shown on my site.

However, I do like to emphasize the most important factor in choosing a dice site to invest in: trust. There has been popular dice sites that run with all of the invested amount (Dice.ninja with more than 2.000 BTC) but also newer dice sites (Cryptocoins-dice.com with 150 BTC.) I personally do think that history of a site does establish some trust, but in the end it's up to you to make your judgments. If you send your BTC to some site (may it be an exchange or a gambling site), you do not control it anymore and they may scam you at any moment.

Why has noone mentioned moneypot yet? With all the whining i see in that thread lol. Seriously though NLNico is correct trust is very important when making your choice on invest option.

Safedice is good choice for investment i have nice experience with it support is very fast and active community, PRC is also nice option for investment as both dice sites are older and providing great services without any issue.

I wanted to suggest Primedice because it is the most trustworthy dice site at the moment, but according to http://dicesites.com/ they have no invest option. Tha's strange IMO. How this can be that you don't need investors? I thought it works this way: the more investors you have the better.
Maybe I'm missing something in understanding economy.

They have enough bank to cover payouts hence they dont require any investors to support the site. Just-dice would be a good place to invest imo but it's in clam though.

agree about safedice's support and friendly community, however if you are an investor it would be very slow for you to profit on safedice as they have only .5% house edge by that you will only get half of the supposed to be profit if you invest in a dice site with 1% house edge

The larger the bankroll, the larger the bet you can take and hence the more business you can do. But at the same time, taking investment will dilute their shares on the site profit. There are some other issues as explained by Stunna himself in https://bitcointalk.org/index.php?topic=208986.msg11585762#msg11585762.

Agreed with you Moneypot is one of the trusted investment into gambling site and it has more variety for gambling than any other dice site almost have all games there so that i will also suggest moneypot for investment.

Agree with just-dice.

I currently have an investment there and it is really growing. Although profits here are not that quick at least it's growing even you are away. Im checking my investment there couple of time every couple of weeks and I see it grows.

I want to try Moneypot too since I see some good feedbacks about them and sometimes I always played in of the gambling site that uses Moneypot.

You will need to have patience as investor on dice gaming.first off,you should not expect an extraordinary profit over the night and all the profit which will come ,will be on long terms and depends on your initial invested amount too.

You can choose any dice site to invest your bitcoins..
Investing in dice sites has only little risk compared to ponzy and i think you should try and invest in crypto-games.net because this site bankroll is currently not that large as compared to other sites like JD which means if someone lose you will probably recieve more share but there's risk too if someone win big so invest accordingly and divest from time to time.

the best thing is to go with the flow and you can surf around the forum and see that majority of the people or most of the coins are being invested in JD or PRC as PD dosent has an option and MD is just a KID, Bitdice.me is also trustable.....going with other options is way too risky.

They don't need investors. They got in early in the game so already have enough coins not to mention the huge amount of coins they have won from gamblers so why would they want to give any of their profits away. Investing in dice sites is risky because new ones that pop up can easily just run off with the entire bankroll. I'd look at other ways of investing your money or just keeping it for yourself.

Investment in any casino demands much patience to get some profit it because any big whale can beat the bankroll for short time  if you have some patience than you can profit from any site because house edge always win in long term.

you need to find a low bankroll so you will get a high profit from investing for populaire bitcoin casino or dice game the profit will be low for me i invest in crypto games they got 78 bitcoin in bankroll but if you have a little amount you need to find a new bitcoin casino that will give you higher profits

It's kinda hard I guess to find a bitcoin gambling sites that offers high profit in investing in their bankroll. The most important thing here is you are gaining profit even it's not that fast.

There is a solution for low investment, you can set higher kelly risk and potentially earn more from your investment.
The most popular dice sites such as PRC,BitDice allow you to choose your own kelly risk.

Explain a little bit more what are these kellys and how they affect your risk?

I would always recommend the one site that let's you invest; just-dice. They didn't go off with the funds when they had over 50k btc invested, and they won't do it now that they are running on clams.

That's at least one site I could leave my investment on and still be able to sleep at night knowing it's in good hands.

My advice would be to stay away from dice sites. Most of these sites are just an illusion. They make you think you can win but you always lose.

He means invest in the house, which means you always win in the long run. Opposite of what happens when you are the player.

You can find good explanations and useful examples here https://bitcointalk.org/index.php?topic=910134.msg10012831#msg10012831

Never tried it before or maybe just didn't noticed that the site I invested in their bankroll has that lol. Does it make profit somehow a much quicker than the normal one? You say for only low investment. In my recent post Im pointing to slow profit when investing in bankroll but sure profit for a long term. Can you enlightened me with this?

It is also worth mentioning that JD don't allow investors to specify their Kelly, but allow them to specify their "offsite investment" for those wanting to take more risk. The details of how it works can be found in https://bitcointalk.org/index.php?topic=238613.msg10211985#msg10211985.

I invested some in just-dice's bankroll. I didn't know if the specifying of kellies there are allowed but thanks for giving us some information. I will look into thread. Never heard of that "offsite investment" you are talking about.

generally i invest only in bitcoin, because with other cripto can you have problem is price down . remember every time you can lose all, already because the admin can have a cold wallet and have proof to solvency, but can scam

exactly, dont bother trying to find new sites with an investing option . you will either make little money or lose all of your investment.

There is high risk in gambling in dice site as it seems the chance of wining is high but the randomness is so high that you ultimately will loss. There are lots of sites pocketdice, cryptogames seems to be one of the best for now.

PocketDice does not allow investments.
We are talking about investments in this thread, so your words are in favor of investing to dice sites?

I already invest in dice site, but for have low risk, i solit my investment to 5 dice site and invest 20% for every one, if one scam or lose more, i have lose only 20 % of my investment

Check this thread: https://bitcointalk.org/index.php?topic=1136572.0 there are some dice/gambling site which you can investing.

I have already invest in moneypot bankroll, just-dice is the legit one too.

It is basically worthless to do unless you have a large amount of coins.  The amount you would earn from the small amount you invest is just simply not worth it.  If you can afford to invest 5-10BTC you can probably make a smaller amount of coins but somewhat decent.  All in all I would say you are probably better off finding something different.

i wouldnt recommend you to invest your bitcoins anywhere as there were a few cases when people lost their bitcoins because the gambling game turned to scam

How u invest in dice site? And how much is minimal amount to invest in that? I dont wish to be rude but im curios to know is that invesments pays off?

you can invest in moneypot, cryptogames and other sites like that minimum for crypto is 0.01 i believe. be advised investing in dice sites is like gambling against the gambler if the gambler wins you lose

If I trust the owner I invest I would not invest into new shady site.
It may be worth the risk.


You can check dice sites which allow investments and track stats at NLNico's site http://dicesites.com/ or at TheBitcoinStrip

Moneypot? I guess it is too risk to invest there because there are several gambling site that funded by moneypot so it is pretty scary when on each site they have a huge winner there. But it will raise again as fast as the players have no luck but still it is pretty risky

How are you going to trust them if you never try it before? Because from what did happened to me that most trustful friend can betray you just for a little money. If the site is good you should invest some not all in for them, after some times you should withdraw it. This is better than keep on believing in them for making profit to us

https://pocketrocketscasino.eu is the most trusted Bitcoin dice investment option. Currently over 4000 Bitcoin invested with proof of solvency and open for over 2.5 years.

Saying that the ROI will most likely be low if you invest a little amount, though that will be the same with all sites and you should think very carefully before investing in a new site that has just started up.

One thing that people are not mentioning here is the commission a site charged investors.

I see people recommending Money Pot but they have the worse commission of all the sites I'm aware of.

For example this post https://bitcointalk.org/index.php?topic=1020726.msg12671132#msg12671132 shows 8.944 commission charged to investors for 1794 Bitcoin wagered. That would only be 4.485 Bitcoin commission on Pocket Rockets Casino, 25% of house edge.

I dont think so because most new dice sites will still have a fresh investing option and that will lead you to get some profit and you will never lose it. And if you invest on site that already have much profit this will earn you less

where?
i think moneypot is nice place to invest for now..
why?
because moneypot u can divest all and if interested again can invest again :) its all open, u can see ur investment without any problem

And if I were to choose if to play gambling in that dice site or invest, I'd rather choose to invest. Risk? Well the same as playing dice but with quiet sure profit for a long term. If the site will close? Nah don't think that early even it is possible to happen. It's not like Ponzi company.

Yes, but for now moneypot invest for me have the very little % of earn. Is nice the autoinvestment and divest, but have more up and down

how does moneypot work exactly?
is it like a central wallet to use for a lot of different gambling sites that work with it. I want to learn more if there is some sort of official announcement especially on this forum.

is there any link?

MoneyPot is hybrid gambling wallet. You can use it as your own personal gambling wallet and you can deposit/withdraw from MoneyPot casinos with a single click without a fee. You also can invest into MoneyPot bankroll.
Official thread can be found here: https://bitcointalk.org/index.php?topic=1020726.0 and you can find FAQ here https://www.moneypot.com/faq

you don't need to try it to claim the site is trustworthy ? just take an example of JD, doog is the owner who is far reputable than majority of the members on the forum and he could have run with funds long ago ?but he didn't ,which proves that it could be trusted .
however, what could you do even after you trying and trusting a website and eventually it turns out to be a scam ....?

Then what's the point of some people who like to invest a gambling site's bankroll if all in all they will think that it will eventually turn to scam. Better to forget investing in a gambling site's bankroll and do some other btc earning method.