Bitcoin Forum

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

Boh has risk but I think you got a higher chance of getting a profit if you invest in them. If you are planning to find a really good and popular gambling site tho. I have hear moneypot is a good investment before bu now that it is under new manangement I don't know if it is still good to invest on them.

Both carry the same risk, but playing/betting has greater odds IMO, + the entertainment it will bring to you.

I still think MoneyPot is a great investment. I reinvested right after the ownership officially changed, and my deposit is up ~9%* in a couple of weeks.

* Your results may vary. With a house edge, your investment will profit in the long term, but you may experience +/- fluctuations in the short term.

are you to lazy to use the search option? this was discussed already and was a nice signature show off party. or do you wanna initiate another signature party?

The best is to create gambling investment yourself. Create Casino, Dice or some good gambling site that will bring you ROI. Other that than I am skeptical in investing in bankroll of some casinos.
I would rather arbitrage trade bitcoin or altcoin than invest in random casino. I don't like to mix entertainment and work as I only gamble my money away in standard way - by being patron of some good casino.

Investing is profitable, if it wasnt, people would not invest. I have been investing for a while on a few sites (nothing big) but the overall is positive for me. The HE is there for a reason, and that is to make sure that over a longer time the investors stay in profit. Good example is CLAM, it also gives stake rewards so benefits of staking and investing.

Creating a good gambling site is never a easy task. It takes a lot of time and money to code, promote and maintain your site before you can build a stable customer base. Finding a site already in that stage and investing in it is very simple on the other hand and a lot more feasible.

it is actually profitable to invest but there is a small risk that the game might turn to a scam and lose all the money you invest into it, just invest what you can afford to loose and thats it

Its not profitable for me and it will take it risk or it will end in to scam..

it is possible to invest into some of the dice gambling games such as just-dice, in my opinion its better not to invest because it will not make a lot of money, but its your choice

of course it's profitable, casinos are businesses designed to make money, and investing in a casino lets you in on some of the profit. sure, there might be some risk with lucky winners, but in general, you will profit with the house edge advantage without having to do anything.

Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.

There is no way that you could all your investment if whale gets lucky. All gambling sites have maximum profit that someone can win so even if someone keep on getting lucky , at most you will lose a lot percentage but not everything besides that you are going to win in long term since it has house edge

But if you diversify you're investment than you can reduce you're loses in case of any scam happened. Investing you got more chances of making money from gambling but it takes lot of time. So you need to find few good sites to diversify you're investment. In gambling you will get entertainment but winning chances are quite less.

Investing in the bankroll has a positive EV, but you will need to keep your bitcoin there for extended period of time, which in turns gives you a counterparty risk. In short, it is profitable to invest in bankroll if and only if you trust the site and admin.

That is true. If invest in good gambling site we can surely make some good money over the time but can't make money instantly like gambling. The most difficult part here is finding a good sites to invest and well reputed sites don't accept investments. I think investing is better than gambling.

well, investing is much better than playing yourself. But choosing the right site to invest is rather more important, I have seen sites going scam once they have good amount of invested amount. So, better be careful.

It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too

I think if we properly diversify our investments than investing is much better than gambling.

Investment in some well reputed gambling sites is much more better and safer in comparison gambling.If you have better idea and well made online casino site and can promote it heavily then this is most perfect option.There is a factor of risk involved in everything keep this in idea and choose what you consider suitable for you.

I prefer to gamble with my money instead of investing on some site.Although on long term is is always profitable but I do believe in luck and have chances to make much more money by gambling.Even making a site is risky may be your business go or not .

It is better to invest in gambling site, in many case casino/gambling site makes profit everyday

if you play gambling you have the risk to lost your money, eventhough if you are lucky enough you can gain more profit than investing

There's a saying something along these lines "What you put in, is what you get out".
It's all proportional, it doesn't matter how much you put in, a 10% gain from an investment of 1k bits will have the same percentage gain of an investment of 10k bits.
But it's true what you said about how profits only start being noticeable in high quantities. Fun story, I once put in 70 bits into the investment and got 75 bits a month later. Even though on paper it was a juicy 7% gain, it was only a 5 bit profit in the end...

Keep in mind, investing into the house bankroll means that now you're on the house's side, so it is +EV for you, which is a good thing. The profit you gain is just a matter of the time, house edge, bet volume and player's luck.

I agree that you can make more money from gambling only if your lucky otherwise you can lose all your money almost suddenly but if you invest some portion of your money on good sites than you can slowly grow your coins and if site is trusted than mostly you will not lose you're money.

Which casinos can you invest in their stake?
Wouldn't stock in the casino be a better idea?

there have been cases whereby casino just run away with the investor btc. and it has happened to a lot of cases already. so it is better to invest on popular or rep sites. i still dont think it is gd to gamble.

Like Betking, SafeDice, Just-Dice,MoneyPot Etc, they are existing long time and have a good reputation of paying out, just as hua-hui mentioned, being popular and having good reputation. You could try with little money first. When you feel comfortable, you could invest more.

Investing on a reputable website is better than gambling, you would make profit in long run by investing while in gambling you'll keep on losing. ( if you can't control yourself from chasing your loses)

Both has got risks that comes with it
I think it's safer to invest rather than gamble yourself
This would also depend on how well the casino is going

it is profitable but the profits are very small, i myself used to invest into just-dice while it still worked with bitcoins and i made some small amounts of bitcoins, i recommend to invest

we are know the both so risky but in my opinion i prefer betting our self
because invest on betting site sometimes unprofitable because someone win big

it might be profitable in my opinion though i have never tried that out, in my opinion its better for my money to sit in my wallet than give it to someone who might take it at any time they want

of course yes, but need to see whether it is large or small gambling sites, usually people will invest if the gambling sites large and popular

of course it is profitable, people lose money in casinos what means that they would make you some profit, if i had a lot of money i would definitely invest it and make some decent profit out of it

Btw 7% is around 5bit profit so if you put more on your invest I think you could earn more than just 5 bit. And I think that is depends on the house, there is no way they could guarantee your profit just like that. Yeah ir is fun to be on house side but still heart beating when big whale coming or some lucky player have big win

Of course investing is safer. Because then house edge is on you side.
For same reason you have higher change to lose than win when gambling.

both have risk, but I prefer betting own. can make a safe bet, but it does not guarantee to win, at least the chance of winning a greater :)

i prefer to invest den to bet. at least i know i will never lose it all. and if it is nothing weird going on, house edge should be on ur side so you can profit from it normally.

A 7% gain in a month (when converted to APR it is 125%) is amazing. I am curious which site is that. Is it a new site with a very small bankroll but relatively many players?

You should be familiar with what you are investing in and understand the inherent risks beforehand. If you are trying to invest in gambling sites rather then gamble, you will definitely be safer since it is unpredictable if you will even have money left over with gambling. With investing your money, at least you have a certain amount you can assume will have a decent but not guaranteed rate of return.   :)

well, we all should know not to gamble cause it is always fighting the lossing battle of house edge. however, when u invest, the house edge become on your side. so you tend to win more and that is why i feel invest is a good choice for rep site.

After seeing all the above opinions ..I invested some funds in moneypot. It is just to check .. i request the members.. if there is any good sites to invest..

Investing is probably the better option, though both are risky. Depends on if you want longer term profit or short term,

As mentioned by some posts already, trustworthiness is the most important factor in choosing a site to invest. In this regard, other than Moneypot, there are a few other good sites, like Just-dice, Betking and Bitdice.

its less risky in terms of  expected profit, but you should keep in mind that you are giving the casino owner control of your bitcoins if you invest, you need to know your coins are safe with the owner before deciding to stake your money there, which is a separate risk itself.

Yes but you should always be very sure that the site in which you are going to invest is a legit and trusted site.
I have seen sites which had a lot of reputation yet they scammed. You may get attracted with the profit but at the same time keep checking at the site, be safe only with the best sites.

In a long-run it is. House edge is a house edge and always win.
But in short-run even casino/dice bankroll can suffer from players winning. Another risk is site to be "hacked" (owner to gone with players/investors money).

In my opinion and experience.
It is best to invest on betting sites.
But in investing it should be long term.
I tried short term and lose a little. but
compare on betting against the house edge.
It is better. but you need to choose a legit site.:P

Yeah investing on betting site, you will get some profit in a long term but it really depends on your funds to when you will get huge profit or not. there are so many legit site that have opened investment. The problem is which one will you choose to place one bet most of your money or  by putting some small amount of money in each site

I've always wondered this myself. When I had some XMR I invested in their dice site for a week just to see how it works. Short term is very variable and you could lose money, plenty of it too. So the only option is long term, the problem here is that like many of you mentioned your money is exposed and this is Bitcoin land, a site is legit until it isn't. I would only try MoneyPot but no BTC site is immune to "hacks" or "ddos attacks"...

It doesnt matter if you have a huge invesment or not because you will get profit or even lose your invesment according to the percentage that you invest in. If you suppport 1% investment bankroll then you will get either 1% profit or 1% lose so it depends on the bankroll itself

Yes. I too suggest moneypot. I invested little money also to check the process. If it gives good result, i am going to invest little more..

Yes both are risky but gambling is rather too much risky. Basically with investing you are playing against users and I never seen a site going in loss, so how can a investor go in loss ? Yeah , maybe slow or less but there are little assurance for some profits.

Another risk could be site may scam people so one should find more reliable sites to invest. Finding good sites is a challenging in investing otherwise it is more safer than gambling. In gambling mostly all of us will lose if we gambler for long time.

Hmm,
Profitable:Betting/gambling yourself
Less risky:Investing
Now it depends on you what you want to do.Investing is obviously less risky but less profit too and betting yourself have more profit with more risky.I would say,you can lose money both ways so why not take a risk to gamble in hope of getting good profit? ;)

Another thing which is risky is that a government could shut them down if they're operating illegally in a country which would be an unforseen event. With that said thanks for sharing moneypot. I made a similar topic a few weeks ago and don't think anyone mentioned the site. So, far it's been easy to create an account and invest a small amount of bits in!

I just think to invest should the trading site, but to invest in the betting site I think it would have little benefit and risk are great :)

can is more profitable, but in long time and with bitcoin gambling long time not is the maximum, because more site can close and scam alla investor (i remember 2-3 famous dice close).
Generally, i invest to 5 different dice site, if 1 close, i don't lose all my money

the risks are great if you invest into hyip ponzis that say that they are trading websites and usually scam people, i would definitely avoid it at any costs

most probably it is profitable but i have never tried doing that, i was thinking about investing into the just-dice website but i have never did that, i think i will check that out one day to make some profit

of course it is profitable to invest into gambling websites, even though they make you really small profits its still better than letting your money to sit and not earn you anything

You can make the "bank" with betfair.com but if you want win a profit stable/sure/unrisky you need to place a good amount of cash.
And need a good connection wifii + 3G , 2 software (buy license), pay SAT for tv and so on.

Or you can find a betting site that accept itself an investment.
I don't know if it's possible but could be interesting as well.

i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

Surely investing on casino's bankroll is quite safer than gambling but finding a more reliable casino to invest is very hard part. Also one shouldn't put all there money in single site, you should diversify your investments to reduce loses in case casino scam.

Investing in a casino basically puts you on the same side of the house. The house edge provides +EV for you, so on average, you'll make profit. But the house edge doesn't protect you from people being exceptionally lucky, or even the casino's faults, for example being hacked. But overall it is profitable.

It's not profitable. Don't invest any site, you probably end up losing all your investment coins. Either play for your own joy or save your coins for bigger Bitcoin prices. Don't gamble too much with your coins, Bitcoin will make bigger highs. You'll regret then if you lose your coins.

I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.

i invested some money in a gambling site in the past and managed to win 50% from my base bankroll. too big isn't it? its because the site is just started and im one of the early investors there so i covered a big part of the site's bankroll in that time

sounds good, 50% is really good profit in investment. (but how long is take?) 

just wondering normally what is the min. need to be invested?
and is it all sites are welcomed for investor? you need to ask them by your own or they will show it on their site?

Yeah it is true but nowadays there are so many gambling site that you can invest which is trustable too like moneypot, bitvest, justdice and betking. These are all of trustable site that I know which is many people already getting profit with it but much profit or not still depends on how much money that you put into one investment

investing is for sure way better than playing , you have the edge so mathematically you are doing a good thing
but if you can something better with the money then go for it , you should keep searching for the best opportunity and the higher edge
for example if you are a good trader then it would be better to use the money for trading instead of gambling or investing in a gambling site
cause usually a good trader has more than 1% edge

those arent gambling sites though, those are ponzis, and "investing" into one of those sites is a risk of itself. there is just no way that a ponzi scheme is sustainable in the long run, and its almost a guarantee that the owner will run with all deposits once it starts becoming unsustainable.

I tried it.. Even returns are also very low.. No use...

You cant expect to be rich instantly like gambling because investing in a gambling sites is a long process and what you get is what you risk for. If you are risking only 0.1 % of the site' s bankroll then you cant expect to get more than 0.1% of every of the site's profit so unless you are patient and have some bankroll then it is actually a waste of time

Anything greater than 10% is a pretty good investment imo, the best highest paying income stock on the ASX gives 6% and thats after franking.  Be very wary of anything that offers anything in the double digits... SCAM ALERT

Returns may be slow and low but it is much better than gambling. If your gambling for money than you got more chances to lose money but if you invest money in casinos bankroll then over time you will make some profit. I like these investments than gambling but finding good sites to invest is quite challenging part.

Investing in a betting site is more profitable than playing itself, because gambling sites has their own strategy to make the gambler lose their money
 :D

You can gain profit but its very low and i think its monthly interest just like a bank interest that you can only get 1% profit every month..

1% per a month is a lot more than most banks!

I have invested in a few different sites for some months. From my personal experience, the average return is a lot better than 1% a month. But I don't think it should be compared with the bank deposit rate, as the degree of risk is very much different.

can i know what is all the gambling sites u invest in? may be interested to divert my investment too.

Nope it still depends on how much you invest. The more you put your invest the more profit you can get but there is a limit to your invest like for ie upper than 1 btc will get 1% or something like that but depends on variety on each site. Btw there is no way each bank can give you 1% each month that is too much

Currently I have invested some bitcoin in Safedice and Just-dice, and I have previously invested in Moneypot, PRC and Bitdice.

exactly, casino games are designed to make the player lose, and profit the casino. otherwise there would be no open casinos. thats why dice sites provide an auto betting tool for players so the martingale losers will lose faster :D many people are too blind to see this, the casino wouldnt put work into something if it cost them money.

It depends on the site traffic , i have invested on Just dice last time when it first come out and made quite a good profit from it .

It is profitable if you are lucky enough to find good site and have patience because house always win and remain with profit on long term basis.This is much more convenient than gambling to invest in some famous gambling site.

You can make some money but the profit will be very less whereas in gambling you can make lot of money.There is big risk but chances are big too.Investing in gambling site is profitable when you run your own gambling site.

In theory, yes. Investing in a well reputable dice site, for example, should be +EV if you are near 100% that is has a sufficient bankroll to deal with swings, and will never just take off and run after first signs of trouble. Its still going to be a very low ROI investment, %-wise.

Making your own site is a whole different thing and is probably about 100x harder to achive, as it would require a ton more money to do so, not to mention gathering a competent group of people to work with.

i personally don't like these two words together. invest and gamble never work together it is too risky. if you have a method that you have tested for long time and you are sure you can earn profit then betting yourself is a better option rather than investing with some website which can disappear one day.

But banks never scam brother while the gambling sites most often do such. I remember people investing a lot in dice.ninja and then feeling really heart breaking when it scammed. So dont compare with bank please :)

I was replying to:


And you're right, a betting site is not a bank.

Well, investing in casinos is +EV as far as I know so you would eventually be on profit if you invest long term, so yeah, definitely profitable and definitely better than betting yourself. The problem is that some casinos that accepted investments turned out to be scams so you have to be very careful.

Interesting, 1% profit monthly each site? If you invested 100 btc each site you get 1+1 = 2 bitcoin every month.
The question is, is it worth invested 100 bitcoin to get 1 bitcoin monthly? Hmmmm . is it profitable? Yes it is profitable. But I think risking too much money by invest on risk thing like gambling company is not good idea.

What's your point? You want investments risk free? They do NOT exist, investments always have risk, this is a controlled risk, you know you have +EV so you know you are going to get profit eventually and you are not really risking all your money, It would be hard, close to impossible to lose 100 bitcoins if you invested them in a casino.

You are actually risking all your money invested, as you would be losing all of the money if the site owner run away. I have seen people suffering from that a few times in the past.

I found an old thread, it had this nifty link in it:
https://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html  it explains the ins and out of the whole proposition.

Both options are gambling, calculate risk before u invest in anythig. I would like more to gamble with money I have then to invest in gambling site. But I think that have some advanages. I asked few times here about that investing in gambling site, but I didnt found anyone who did that, so I dont know how that works. Im aware I have a lot to learn about it, for now I just gamble with money I earn.

Which can happen with every investment? I have seen exchanges running away with people's money too, again what's your point? You are always risking your money everywhere but you can avoid innecessary risks by investing in well known and trusted casinos like just dice.

Correct, this can happen with every investment and whenever you send your bitcoin to a third party, and that's why people should always be aware of the possibility of losing all their bitcoin in those situations. My point is very simple: You said "you are not really risking all your money" at first. I disagreed and tried to explain why in my previous post.

I sometimes earn up to 1% per day on crypto-games. I currently have 0.5 btc invested there.
Check out a screenshot of my earnings:

https://i.imgur.com/l6rSrpV.png

Are there any dedicated sites where we can perform investments on gambling sites?
I saw many threads about investing in gambling sites, that it is beginning to catch my attention. I usually just gamble, never tried to invest on sites.
Any ideas on where to start?

Me is interested too. I've only seen an investing option with bitmixer https://bitmixer.io/ (right top), but the min. amount is 100 BTC which is too much for me.
But never on any other gambling site. Which gambling site offers this?

You may want to check http://dicesites.com/, on which you can find a couple of invest-able dice sites together with some stats and graphs on their performance.

Dont think its profitable. Its more linked to the fun or addiction than investiment.

Agreed with you, its not advisable to invest in a betting site. These sites are for fun and enjoyment, there is no concrete profit from such sites, so its better to bet on your favorite sport or any other event and make some profit. There are many other options available which can be proved as profitable investment, try it.

If investing in betting sites wouldn't be profitable, there wouldn't be any investors. However as we can see there are many people who are actually investing in these sites, so on a well established reputable site this must be profitable. I think I'm going to take a closer look at this.

Well established site will probably offer less % because they offer safe returns, they might already have a few big backers like with see with primedice.  Is it worth the risk to back new guys, im not sure, depends on who they are.

If you have little money then it is not worth what you get in return as profit better play with some small amount may be you win.In other case when you have much money then be owner of the site and keep everything under your control to minimize the risks instead of giving money in hands of others.

I will say well established sites which are going well don't usually need investors.This is available on newly introduced sites which need more capital to have on its back to extend its offer and operations.

it might be profitable to do that if the website is high quality and attracts a lot of players who are willing to spend a lot of money in gambling, though it would still give you a small amount of money

But you actually have odds in your favor when you are investing in a casino, you have +EV, therefore it's actually advisable to invest, I think you don't understand how it works, it's not better to bet at all, investing in casinos is a long term profit unless the casino scams you.

it should be a trusted betting site as many sites ran away with coins but with a trusted one we can make nice profit. I don't trust much after what happened to cryptsy

of course it is profitable as long as people lose their money there your investment will bring you some nice profit, it is very useful to invest your money in my opinion, though i have never tried it

Well i would only invest in a gambling site which is legit.

Either they should have licenses or have some contactinformation on their site.

The chance of the scamming and running away, like so many other gambing sites is just to big.

My point : investing in casino are profitable, but the risk is not worth.

I know there's no free-risk investment. But investing in casino / any other gambling site are not worth I think. They could be in trouble when the casino decide to disappeared/scam.

Reference :
https://bitcointalk.org/index.php?action=trust;u=97219

is it safe enough?
I think a lot of gambling sites that offer greater profit, but I am looking for a more secure?
i want to ask, can we lose?

While there are risks with gambling investments they can be worthwhile if you take a risk and get in on a new site and they become successful. All in all though I would not invest in any of them anymore as the ones that are trusted will just not give the return you want for risk.

The reference is a bit misleading to be honest as that guy has had in excess of 5k Bitcoins invested in his site and he is still around under another name.Why did you link that profile when he has never scammed anyone?

As I said before, it's okay invest in gambling site , it's profitable okay. I just concern about how worth investing in casino. And I think it's not worth , dissent is okay right?
I am sorry if it was make misleading, BAC would not put that neutral trust without reason, but I would not judge dean too.

It is, if they don't run with your funds or if your account is not hacked.

Of course the actual return is variable and may not cover the inflation, depending of where you live

I would say 'yes', but which is low now

If sites are not very will trusted than it is not a good to invest on them because more risks of losing your capital. The big challenge is finding a good site to invest. Worst case just hold one your coins, over the time price will appreciate to make profit.

Thats only true if its a new site but most of the old ones won't rob you . BUt if there isnt enough capital what will happen is you will end up being cleaned out by a large whale.

I did say it was not worth investing in gambling sites as well. Of course it is ok if that is what someone wants to do then good luck to them its their money they're risking. No need to be sorry it is not me you referenced in the same post as casinos that disappeared/scam. I could not really care less pal except it is misleading "at present" as he has not done neither yet (by the looks of it something happened though x2).

No he would not leave a neutral without reason and I never said he did, ""he is trusted for a reason" the reason given was clear for everyone to read and be warned by. Lets just hope that your post does not turn to be a correct reference in future.

Yeah in that link i posted above it shows the current volume and EV of some of the major casinos.

The actual return is variable but on average it will almost be the same as the house edge. If the site has house edge of 1% then the average return will be 1% as well of the wagered  btc. You need to put in more into the bankroll if you wish to cover the inflation rate of your country. If you just put few dollars in there then it is not really worth it

investing in betting site is better as it is less risky and you not gamble away your money by this way.betting yourself is risky though and more profitable if you win.

I dont really think that they will run with our funds. Because before we put our investment we will make sure everything is good so for hacked or site run away that is not a problem anymore unless people are stupid enough to put on scammed site. But there is so many recommendation out there for good investment site. Of course high investment will give you high profit too depends on your balance too

The one percent profit is then divided among the share holders depending on the amount they hold in the wallet.It will be far more than 1% if you invest more than 20% of the wallet funds.It will be a lot profitable then.

I've always wondered this. Because there are so many scam.
Can someone share their experience with a gambling site investment?
How do you monitor you earnings for example?

Do they give it to you or can you see stats?

Offcourse it is. With more budget they can do more marketing.
More marketing will bring more customers.

More customers is more profit and so you get your investment back (if all goes well offcourse).

That makes no sense, what do you mean it's not worth? This is basically a guaranteed investment, you have more chances to get profit than not, how is that not worth? I would say it's actually extremely worth it as long as you are investing into trusted and well established casinos.

He is talking about the risk of getting scammed by the site. I have no idea about the incident between BAC and PRC but in general that risk always exists. It is a lot higher if you invest in a new site, and it is a lot lower (but still nonzero) if you invest in an old site. Everyone has a different risk appetite, so it is normal to have someone happily taking the risk for some profit while for someone to stay away from it.

Then that is your opinion as the other is his personal preference and opinion, I am with him it is not worth investing in casino's now. For what you get in return for risking so many btc's it is not worth it [to me]. Yeh you make some profit but that is peanuts to what you can lose. To add there is never a guaranteed profit or even basically guaranteed profit. Thought clicking that link I was going to find a casino that had done a runner and scammed seems I was wrong.

It is good to invest in sites but if your bankroll is big and you have patience. If you have 0.05 or such, do not even think of such, at least do not expect double of it in 5 days. It is slow but stable !

Your return on investment is proportional to your investment size (and your Kelly setting if applicable). As a result, the time for a 0.05 btc investment to be doubled is roughly the same as the time for a 5 btc investment. I don't see any particular reason to suggest people only to make a big investment but not small investment.

yah. it is proportional, so it does not matter how much u invest, u wan more profit, u got to invest more. so far, i got like 15% in 1.5months. however, there can be times the profit drop a lot due to whale gamblers taking a huge winnings.

Assuming that the kelly is set to 1x automatically then it is pointless to make small investment. Yearly apr investment in gambling sites will only get you 50% maximum imo so if you put in 0.05 to get 0.p25 after 1 year then it is pointless. You could get more by playing with the btc price swing in a year

But it is still a 50% profit. Say for example, if you think that a potential 50% APR return is not good enough and prefer to gamble in dice yourself or day trade or make sports bets or make whatever investment with your 0.05 btc, shouldn't you make the same decision if you have 5 btc?

I agree with your thoughts. Investment in gambling sites have a very small profit.

Because in the gambling sites profit site is divided by all the investment. And sharing of results is also very low.
Better invest in the form of the exchanger, therefore more profitable and rarely a loser (if you know the market).
Bitcoin has value that is uncertain and it could be exploited to invest. Buy when the price is low and  sell  when high prices

It is basically guaranteed tho. If you invest in a trusted casino like just-dice. The chances of getting scammed by that casino are null and since investing in a casino is +EV, meaning you have better odds to get profit in the long term than not, yeah it is guaranteed, what are you not understanding?

The situation for investing in JD is a bit more complicated as you will need to take CLAM/BTC exchange rate into consideration as well. As you can see on https://poloniex.com/exchange#btc_clam, the exchange rate is very unstable (one year high: 0.0144 vs one year low: 0.00072). There is no guarantee that the rate will be stable in the future nor the rate will go up in the long term.

many investors earned a nice share with investing in JD but i agree that there is no guarantee that clams rate will be stable or going up

I think its not good because you get less interest and sometimes site scam then you loose.

Your statement is not correct at all. Assuming no site scam you since there are alot trusted gambling investment site around here then you will get more interest then putting your money in the bank. If you invested in a low wagered site then this probably true but most casino that offer investment has a decent wagered amount as well

Which you consider trusted ? I think we all thought dice.ninja is not scam, but we all know what happened later.

I cant sayfor sure which are considered as trusted because everything could go unexpectedly. Personally the most trusted site with investment around here will be just-dice but everyone of course have a different opinion about this thing since just-dice is using clams so the effect of the price of clams/btc could affect your investment as well

investing makes money, but in order to see some real attainable goals, you need to invest heavily.

do not be , because it is not profitable for you , moreover , to the site is a scam

That's why you should do research before putting down your money.
I've never invested into a gambling site because of the risks that I were to take
I would rather keep my bitcoins and let it grow by myself instead of investing it

Actually it depends on how much your balance that you invested more money to invest that means you got more too. And you must hope there are much wagered on the site and there are some people lose there to get some profit because now you are on house side so you need at least to think like house do. I would say it really depends although you invest in some exchanger you will not get much profit because all invest need take a long time to get more profit, same as invest on gambling site too

Well yeah its not worth working out really hard if the ROI in % terms will be very high if you only have 0.05 or something to invest because even at 200% returns if you spent all day working an investment out it wont be worth your time.  This goes for anything, time = money.

However you are guaranteed to earn more clams long term. Using that logic there is no btc investment that's good because btc price is just as unstable so why bother investing in anything?

I doubt anyone makes more BTC than good traders who can make several BTC per day on the price swings. The whales make god knows how much aswell.  You could argue you might aswell learn how to trade or invest in other traders vs dice sites.

of course it is profitable to do that in the long time if you make it as a long term investment, if i had a lot of bitcoins i would definitely invest my money as it would make more easy money

in my opinion it should be profitable as people lose their money usually in gambling websites and they can not do anything to avoid it so you should make some decent money by investing

The clams that you will get will be worthless if the price keep dropping. That is why people tend to not invest by using clams since there are alot of risk rather than investing btc straight. Even if you managed to get double of what you put in which is not possible but if the price drop by 50 % then you will not get anything as well

Investing in betting site is profitable,but it is long term
you will need to wait a really long time to reach a certain profit or even double your current amount of money

I've heard the average of profit from invest in gambling website is 1% per month hmmmm ...
So if you planning to double your money by investing to gambling website, at least you need 100 month to make it  :D
Small profit for guaranteed profit!

It depends on the site that you are investing in. If the site has house edge of 2 % then you will be getting 2 % of the wagered amount and that is just on average because it could go unexpectedly higher than that or even lower than that so give or take some it will be the same amount of the wagered amount

I have a different opinion .if we want to invest in gambling just takes a little time. in fact the most important risks.

The biggest risk in investing in (online) betting companies is that the owner might run away with your money.
Other things to consider are the site's security practices.
If these things are settled, the house tends to make a decent return on bankroll.

I don't think the average profit is that low. With a 1% house edge, it would mean the site has a very low asset turnover rate. As a see on http://dicesites.com/, the asset turnover rate is not that bad. For example, Bitdice has a bankroll of 1,677 and a weekly wagered of 807 while Satoshidice has a bankroll of 4,920 and a weekly wagered of 8852.

What do you mean takes a little time? What I know if you want to invest you really need more time to get more profit, although this is gambling investment but the based is just the same. More time so you will get more wagered that means you have more profit

I think its right and you are safe too with dice sites investment ( unless they scam ) , you can easily be assured that a dice site wont go in loss, unless people find a exploit, or the site is just too lucky for users.

There are of course alot of risk if people keep seeing this thing in different angle. This kind of risk should not be included in the risk level of investing in a dice site since it is more about paranoia rather than actual thing happening there. So far the number of trusted gambling investment site and those sites that scammed their investor is much higher

Yes it is always Profitable in investing in famous gambling sites but I think the most important thing you need is luck. Past experience will help you to earn like choosing legit sites. 

well when a site build a good repu I don't think the owner will run with the money , cause the owner is already making money and he has a great passive income
trusted sites are well known theses days , just try to not invest in new sites or in sites which offer huge giveaways and faucet like Dadice

The biggest problem is that well established and well known casinos don't need investments so they don't implement that option. Sure just-dice has an investment option but remember that you are investing in CLAMS which can be extremely volatile meaning no guarantees whatsoever.

yeah it is profitable and also your investment may return loss as well .

This is because if a player losses you will get profit and if a player wins your investment will return you loss.
There is no limit to you return whether profit/loss. Some of the sites provide margin/multiplier to control the profit or loss(bitvest.io)

Let me ask a Question from you, Is it profitable to invest your money in gambling site? I think its more simple and clear, Because everyone Knows that "Gambling is Play at your Own risk" Its equal chances that you may loose or Win. But result is always negative. Because when you won a game you tries to play another in which you loose your money. There are many example. Those who can not control their nerves while gambling they always loose.

i agree that it can be profitable if you would hold your money in a casino for a very long time, but then there is a huge risk that the owners will just run away with your money, i wouldnt risk it

i guess its more or less profitable even though it makes you only small amounts of money but still its better than just letting your money to stay in your wallet and not earn you anything

First thing first - Are we talking about investing or gambling?

Second thing - It is not likely that a user who won a game will always play another game.I agree with your statement but it is only limited to users who doesn't have any self-control.However i will like to markup some things that all gamblers are not without self-control ,there are still many gamblers who are pretty smart and can switch over strategies time to time to reap up some profit.

Due to the house edge, investing in big casinos is very profitable. If they have high traffic, many people will be betting, and due to the house edge, will most likely be losing. And with this huge traffic, it can cover big wins made by players.

If you consider all aspect then there is always a risk to it especially when variances turn against the house and make players win then the house will suffer thus that means the investor will suffer as well . Variances happen rarely but once it happens then it is always hurt no matter what, so there is always a risk

i agree. and i always am going to be afraid about if they are planning to close the site down and run away with the money before i even get my initial investment back 1% at a time.
trusting people online and especially in bitcoin world with all the scams and anonymity is super hard.

well this is the question most likely to ask by a member that is new to gambling my opinion is this , yes it is profitable to invest n gambling site like making your own gambling site because the house is more likely to make a profit in a long run however when investing your bitcoin in a gambling site that is pretty different question but i know that it more safe to invest in gambling site than to gamble by yourself.

It can be profitable if the sites itself are relaible.

To determine this you should be able to talk to them and see if they work professionally.

nah buddy , there are plenty of trusted sites that accept investments
each Admin has a certain view for his business , some sites like to do their business alone and others like to open investment
in the first case the site will make profit in the long run and more than sites that allow their players to invest but this case needs a huge bankroll and the admin will face losing and winning days
while the Admins in sites that accept investments are making money daily cause they are taking commissions if there investors won or lost

Investment is like locking your money and can't withdraw or get it back for x x days.
Gambling is just bet your amount size, earn within specific time period if you know how to!

why investment is like locking your money ?  ??? ???
when you invest in gambling sites they let you withdraw your money whenever you want , at least all the sites that I know allow their member to do this
do you know a site that doesn't let their member to divest till a specific time since they have invested ?

I tried to invest with Moneypot once but with a low investment I didn't get much back.

I would try maybe with a more established platform even though that's not my kind of investment really.

I've actually never really made a thought about this subject. Surely, you could make your money back with profit investing in major betting sites - but wouldn't that require huge funds? I don't think I've ever seen a betting site have stocks. Maybe you should find some kind of studies/report on the betting world, especially about online betting, and see if it is profitable to invest in.

Hmm, like what? The only casinos I know accept investments and are very trusted are just-dice and moneypot, primedice does not accept investments for example neither does rollin.io and those are the most trusted casinos really.

Why not start providing loans ? its much better , but yes there is risk too.

And I think investing in gambling sites is a good idea too unless they dont scam at the end.

What site that lock your money for few days when you invest? I don't know there are site like that unless ponzi

Indeed, I invested with bitdice some time ago, and I was given the freedom to withdraw anytime.

in my opinion, it depends on each person. Because every activity it also has its own advantages. If we choose to investing in betting sites certainly we only get the profit which is always the same and vice versa, if we do the betting will certainly benefit is uncertain and there remains that is sometimes a great advantage, or  loss. If you want to get the benefits that remain the same and please investing in betting sites and if you want to test your luck please vote betting

there are much more scams on loans especially on peer to peer lending sites such as btcjam and loanbase compared to gambling sites. loans will be only less risky if you will lend on this forum and ask for a collateral for every loan request.

no "of course," just should be. theres no telling if the casino might have quite a few lucky bettors in the long term, its just a lot more likely that investing will profit as opposed to betting as a player. however, the trust in the site that allows investments is a risk too, you are handing over control of your coins to the website, and they could just take them and disappear if they wanted to.

I tried investing in PocketRocketCasino before and it was relatively good, Earned a small percentage of profit "could have been more if I kept the deposit for just a week more", it's relatively better to be the one with the house edge. Didn't try moneypot yet though.

Moneypot is a good idea, but owners changed recently, so maybe wait a little.

It would seem you would need quite a bit of coin to make good profits from a dice site or something. Last year I invested in a dice site that ended badly, I lost half of a pretty small investment of 0.3 in one day to a high roller. I think their is money to be made, I just didn't make any. If you decide to invest, pick a good reputable site that is trustworthy and has good traffic.

Investing in gambling sites is always good, I have right now some dogecoins invested in bitdice.me and I get good profits ( though are slow )

it is quite common. there is a lot of times when i start to invest, the whales come and take a big amount of profits. but try to wait it out, give it like 1 week and usually it is back to the green. traffic is very important to go back to the green.

You are right I got scammed by two different people on bitbond (around 0.2 Bitcoin). Maybe I could start lending BTC here on the forum, that's something I've never thought of.

did you even had time to read the thread properly ?

it should be pretty profitable as you invest your money into a casino that makes money all the time from players losing their money, i guess its a good thing to invest as it might bring you profit

yeah and sometimes owner of the house always wins, so this is really good to make a profit from invest in gambling.

Yes that's why its considered relatively safe compared to most of the other HYIP scheme out in the Bitcoin world. As long as the bank-roll is large enough for a whale or two who might play.

But there are those times when a player leaves the house a winner with hefty profits. Though you can invest in a gambling site, the rewards you may get is quite smaller than you might actually think.

It is not like House always win. I've seen some aspiring new casinos gone bankrupt because couple lucky patrons killed casino's funds. Casino bankruptcy certainly can happen.
But I agree it is generally safe to be owner than player from if you think about risk-reward scenario.

There are no casino that has been bankrupted yet if all players dont cheat the game. There are house edge to safe guard the casino so it wont fail in long term and will keep on generating profit. The only thing that you can do to make a casino bankrupt is either to steal (hack) or find some exploit to empty the bankroll

because casinos are businesses, plain and simple. they wouldnt stay in business if their business model or plan involved going bankrupt. whatever games casinos host on their sites, they are designed to profit the house more times than players will win. and even in a game where the house isnt even involved, such as in poker, the house still profits from taking a rake of every pot.

That's why when you invest money you should find a good casino to invest because in new casino's may be some bugs which user exploit it to win big money. And to reduce your loses you should diversify your investment in to few casino's rather putting your money in just one casino. Also you should remember all investments will have some risks so we should take some risks to make money.

Yeah, you should always make sure you invest in a reputable casino and if possible also talk to the owners.
But you need to invest quite a bit to make a substantial profit though..

Yes, investing in these good casinos are much better than investing in those scam hyip schemes but we need to a find good casinos and also we need a lot of money to make a decent profits from these casinos. It takes time to grow our money but more safe than gambling.

Well unlike common people who jsut want to invest, these pro better are good with stats and they study to win.. more chance of winning with them rather than solo random

The reward is probably smaller than you think but rather than you invest on something like HYIP it is better to invest in gambling site which is more guarantee. And still it depends on your balance, more balance that you invest I would think you can get better payout. And with like this investment I think it can control your fund being used for something uncertain

Every investment depends on what you are putting in, if you are risking a small portion to support the bankroll of the site then you will get less return than what you expected as well as if you are putting big amount in it. In every risk there comes a great reward, only those who are able to take the risk will be able to get the huge reward

well beside this two sites you can invest in bitdice , betking and bitvest , all of them are popular with trusted admins
these five sites been doing great recebtly , bitvest is new but his admin is running another site which has been around since a good time
there is more sites also , but these 5 I trust the most for investing

by learning all could be possible. you will learn to win when you've lost. invest here we need prudent. because this is a business that has a big risk.

Investing in casinos are more safer way to make money than gambling but it takes quite some time to see the results.

You don't know shit. Casinos can go bankrupt like everything else, house edge does not mean the casino will win 100% of the times. A new casino can go bankrupt if he doesn't know how to manage his bankroll by limiting bets but as long as a casino knows what limits to put they will be safe.

You're absolutely right. But it also can sometimes result in large losses due to the sometimes everyone obsessed to get the victory. Every investment is the same, depending on how we want to pick the investments. If you want to get a fixed and stable profit investment on gambling sites. And if it is to the advantage of unstable and erratic Please invest in gambling

I think investing in a casino will be more profitable than gambling yourself.
Make sure you do your research before investing into anything.

Investing is possible to give profit to investor, i think that's because house edge on every sites gambling better than we gambling we'll lose it as soon as possible :).

Yes right but we must understand another view of this invest thing in dice sites ! There is a edge with which all fights and if someday user gets lucky you can even loose your money and its not just a win-win case all the time.

You don't have to think, it's the truth, numbers don't lie, when you invest you have good odds so in the long term you will be winning, gambling yourself is obviously a worse choice.

Average return of investment in a gambling sites is always the same or almost the same with the house edge so it doesnt matter if a user or two gets lucky with the site since the other player will lose as well. Combined to that who lost and those who win there will be always more loser then a winner in a gambling site

I've actually never really made a thought about this subject. Surely, you could make your money back with profit investing in major betting sites - but wouldn't that require huge funds? I don't think I've ever seen a betting site have stocks. Maybe you should find some kind of studies/report on the betting world, especially about online betting, and see if it is profitable to invest in.

I've never tried investing in many gambling sites, but never, I once investment in moneypot, within 2 days of my balance has not increased, then I unplug

I haven't heard about it honestly. Which makes it either very shady or it could be a good investment opportunity.
Since it deals with online betting sites, which are in general quite shady, i would go for the latter.

Moneypot has quite a decent of wagered volume there, before and after the transition to the new owner so there is no way that you have not got any increase or decrease to your investment. The only possible reason is that you are only putting a small amount like 0.01 % so you didnt notice much increase in your investment

does anyone know who is the new owner of moneypot and how much is was sold for?

In any good investment programs you will not see any increase in your profits within two days time because they are real business and real business need a time to grow. Unless if you invest in hyip programs they will give fast profits and also very fastly they will close there site also. So you should have a patience to grow your real investments.

investment in gambling such as investment in altcoin, where the value of our bitcoin or balance can be reduced, and I think you should invest in a large gambling sites or sites that are popular, it will accelerate your profits

Investment in a gambling site is very different than any other investment. You could get alot within two days if there are alot of loser within that or even lose alot if there are some lucky winners on the site so it totally depends on the variance but in long term people always get money by investing in a gambling site

I don't think so because investors profit portion will be quite less compared to site profit so we need more time.

Factors:

1. Trust in the site and how well it's run.
2. The investment terms - i.e what % of the profits do you get. I find it's around 50%, rest goes to the house and they don't eat any loses.

So a low volume site you could win just as easily as you could lose, but your reward % is much greater as is your potential loss %. A high volume site you should see steady profits, low variance.

You can indeed invest there, because you obviously want to win the grand prize. But there is a big risk in fact.
If you lose you will lose all your money and you also want to have. So maybe it makes sense if you have a portion of your money just bet.

Dunno...But, they just took a big hit today which is one of the risks.  Investors lost around 30% of their investment.  It happens....some whale came in and started betting all maniac on the plinko site and had a huge payday a few hours ago.  So, house doesn't ALWAYS win.  In the the long run they'll win but it's really not a short term investment opportunity.  You have to go long if you want to invest and make real profit on a gambling site.

The biggest downside with bitcoins and bitcoin casinos is that 99% of the times you don't have any security, any Indian kid can make a bitcoin casino, not regulated by anything and run away whenever he wants and 99.9% of the bitcoin casinos are that way

because the person who decided to play with gambling is he who has understood the terms, the results and the risks of this game. if we are people who are not sure, I recommend not to play it.

Yup, I went from +12% to -17% on MoneyPot. There's a thread about it here: https://bitcointalk.org/index.php?topic=1345170.msg13715571

Variance can be a bitch  :D

You can take a look at https://bitcointalk.org/index.php?topic=1274857.msg13141221#msg13141221 to check the new owners (a team of 6 persons) of moneypot. The bidding price has never been disclosed AFAIK.

both are pretty risky, if you have bad luck then invest, if you have goodd  luck then go bet yourself

Yes, Its much more profitable since your investing on the casino house, and the house always wins :)

i was heard that there is any gambling website have an investment options but was never see any proof invest in these site is profitable even some people said it is profitable but a bit confused because i don't see any valid proof regarding this

You will believe when you have tried it yourself otherwise you wont. Just like any other investment method, you could always lose alot of, I'll take example of the recent moneypot huge winner which makes the house -29 btc. Alot of people lose money because of this however the house has recovered over 20 btc so in the long term, the house will always win

The fact is that casino have a house adge and most players are deemed to loose. You will definitely benefit when you invest in a betting site.

O you not read anything at all from the post before yours? If everybody will benefit from investing in a gambling sites then there will be no more gambler since it is easier to invest in a gambling site, leave it and then come back months again for profit. Investing and gambling works the same way however investing is much safer form of gambling

All these casino investments are high risk and high return games so instead of putting all your money in just one site, try to find few good sites to diversify your investments and reduce your loses worst case. If some one win big money than our investments will reduce drastically and grow slowly in casino investments.

But investing is quite safer than gambling because in gambling if you lose, all your money gone at once but in investing you will still get some time to withdraw partial amount of your investments. To reduce these kind of loses, we should find few good sites to invest our money.

maybe investing is a little safer than gambling because you will lose some % when other win and you will win if other lose :p

[quote
Thats what I totally said, it is a safer form of gambling and that is for sure what it is. You are rewriting my opinion in a different words actually besides the diversity and of course unless you support atleast a percentage of the site's bankroll then there is no reason to invest otherwise you will get almost anything

how much is the minimum amount to get involve and invest to gambling sites?
i only have few coins, i'm hoping to make it grow without much risk.

In casino investments, investors profits grow very slow and it got a lot of risk. Diversifying may reduce to loses but growth will be slow.

I think he just told you that and you just repeat what he said before. Anyway there is always a good site and never have a bad site unless the site is scam site, investment site that you need to choose is a site that really have small bankroll so you will get more profit rather than huge bankroll because a little bankroll that particular site has then the payout is greater but for huge bankroll they need to diversify it to everyone so your payout is smaller

Yeah, it is definetly more profitable than betting on betting sites:D

You have to check Casino where you want to invest to, there could be some limitations. In regards of choosing good Casino, I would advice to check Casino with good reputation and big bankroll if you do not want to take bigger risk. If you invest small amount your earning will be small too.

Its pretty profitable but also pretty risky, because you can not predict that the website will gain a lot of profit.
We will see what happens of course in the future with the websites but its mostly a matter of time till you can see it.

I dont think so that is a good idea. I think its not good to invest in some gamble sites. There is a big chance that you can lose money.
On the other hand you can take the risk to do that. But there is a higher chance that you lose you money then win your money.

I think not, because gambling sites that are not fixed and can not be predicted when benefit and when get zonk. Gambling is a game that was allocated to those who are very understanding of how to play and have a good strategy. And if you invest in the gambling sites that you get is a zonk, because the Division of profit which is given very little and you have a presentation to lose all the funds you invest in gambling sites.

It is sometimes. Depends on the site. Like anything in life you need to do your own research and try to minimize the risks. But in the end there is always risk.

I think its still risky to invest in casino gambling sites.. if you invest it can also lose but we know house is always win.. but the problem is how long you can make a profit.. because many people are playing and gamble online..

maybe it can be profitable to invest in betting sites but i think it will depend on your investment , if you are a bigtime investor it can be profitable for you . also those betting site has the house edge .

Yep, don't go for it if you don't have the means. I think it will ask more from you. A lot more than you would expect.

Sure you all can invest your money in gambling sites, or should I say giving the meat to the cat because I'm sure the cat resist the urge
to swallow them whole :D

yes it is profitable but the chance of loosing your bit is also there. there i will suggest you that always try to bit such amount of bitcoin that you can bear to lose. and other thing is always try to bet what your heart want and not to bet using your brain. because the latest survey is that heart is the main thinking and decision taking organ of the human body.

Investment in some well reputed gambling sites is much more better and safer in comparison gambling also if we properly diversify our investments then investing is much better than gambling.

Gambling and betting is faster but it's never a sure thing and there is no point in losing everything. So I would invest its much more likely to be a sure thing and u can keep your money the for months without worry.

Yes I think its good to invest in such websites, these websites are getting more popular everyday and due to that its good to invest into them and I can almost say without any doubts its profitable.

If you really want to invest in a betting site make sure that you will not divest it when you see it losing. Because believe me house always win in the long run. If you are looking for a site to invest i prefer you invest in Moneypot. Remember do not divest it.

Nothing here is guaranteed, investing in betting sites is profitable because it is house to make anything in the end.
But, sites may turn out scams and investing big amounts there may turn out into a nightmare.

it could be profitable but indeed not is sure that it will, the gambling websites have a good future because more users are joining everyday.
Most likely its good to invest in such website so long its no ponzi.

That is really profitable in the long run if only a gambling site is popular. All gambling sites under Moneypot are currently don't have a great stats today compare in the past, at leat in my own view. So I doubt players numbers here have a good average. Less players = Slow production of your earnings put in their bankroll.

It will be profitable by looking at some of the stats provided here  (https://dicesites.com/)(from NLNico) so far almost all of the investors on different sites that are listed are on profit.

Likely true, but nonetheless in gambling have losses at any time should we paced, suppose a site gambling losses the entire existing funds, then automatically it is possible that your funds will be suspended or lost due to the site chose to close. But we are never scared investment deal, during which offered reasonable

Yikes. It looks like the majority of the ones that accept investors are sitting at a negative amount. SafeDice and Bitdice are huge losses.

By investing, the house edge is on your side. So you are likely to profit. And dont invest in ponzi, recently there is a popular ponzi that a lot of people believed in it. They just disappear overnight and steal away 5k of btc.

Investing in betting sites is profitable on the long run. Of course there's a always the chance to end up losing your investment since it is not a risk free investment. The chances though are in favor of the house so you have a better chance coming out with a profit (again on the long run).