Bitcoin Forum

Economy => Gambling => Topic started by: want0sell on July 28, 2016, 09:49:31 PM



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Post by: want0sell on July 28, 2016, 09:49:31 PM
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Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: RHavar on July 28, 2016, 10:02:46 PM
I think the biggest mistake people make is finding the site they think best and going all in there. If you look at the kelly (it's true use is for investing, actually) you'll see you're far better off to diversify  (there's several other reputable places taking investments like moneypot, bitdice etc. etc.).  And then do yourself a favor and forget about it for a long period of time, so you don't get tempted to gamble.

Disclaimer: I'm not invested anywhere, as I don't trust anyone and most of all not myself (last time I invested in bitdice, I found myself betting like a retard for no reason) ::)


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: SyGambler on July 28, 2016, 11:34:28 PM
well you already did a great decision by thinking of investing instead of gambling
I haven't invested in crypto games , but I'm invested in another site
I wouldn't recommend investing heavily in crypto games simply because their lower house edge , you can make more by investing in other sites


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: micromen on July 29, 2016, 02:00:56 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Erza on July 29, 2016, 04:52:33 AM
well you already did a great decision by thinking of investing instead of gambling
I haven't invested in crypto games , but I'm invested in another site
I wouldn't recommend investing heavily in crypto games simply because their lower house edge , you can make more by investing in other sites

But you really need a huge bankroll to make some investment on some gambling site or may be using high odds to get pretty fast profit. I think lower house edge doesnt have any effect on your investment but you really need some good traffic on site that you are willing to invest to get like a lot profit


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: csnorthchina on July 29, 2016, 05:05:43 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

OP, please keep update this post...
as I want to invest some to gambling site too,


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: btckold24 on July 29, 2016, 05:06:33 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.


this is very good information. I am always looking to diversify and hearing how safe/good its been for you helps me make my decision

 ;D


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: crytoboost on July 29, 2016, 05:17:41 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

Still I don't made any investment into that site but I had some good experience with moneypot and betking, from my point of view investment into casino's bankroll doesn't make this assure we will make profit in very short period of time, it is also as risk as betting there, sometimes we have to wait for a long time to get some profit.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: drwtsn32 on July 29, 2016, 05:24:28 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.

Hi there, I'm interested in investing in crypto-games.net as well.
So will you state to us how much was this "profits" that have been very nice on your side?
It will really be helpful to me and OP as well.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: minime0105 on July 29, 2016, 06:30:02 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games
Investing is always nice, but investing that small amount, I don't think it is that profitable.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: plpbtc1526 on July 29, 2016, 06:41:44 AM
I have not try to invest to cryptogames.net.or any other gambling sites. Is it profitable? Im think where can i invest my bitcoin in the future. Its better to invest my bitcoin rather gamble it. We all know gambling is addictive. I dont wanna tempt to do gambling so i rather invest it.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: bbc.reporter on July 29, 2016, 06:56:50 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

I am also thinking about this. My question is how much do you expect to earn with your investment? Also how long do you have to invest with them? Who are the owners of the site. I hope they are trustworthy.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: lumeire on July 29, 2016, 09:29:05 AM
Make this thread into a journal and update us with what happens with that amount over time. That should make it pretty interesting.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: LFC_Bitcoin on July 29, 2016, 10:29:15 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

I think it can be a good idea to invest in gambling sites but only if you do your research on them beforehand because I have seen some horror stories on here where site owners run with investors & players funds.

It's not something I would ever do but I see why people do invest in them.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Labumi on July 29, 2016, 10:32:05 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.

It's probably a pretty good profits, but I think it will not last long and it can make you lose money for investment. You don't have to worry as long as the site is still providing information and the latest updates to all investments that you do. Gambling sites probably will last a maximum of up to 10 years and the rest will be through a pretty pathetic


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: isen on July 29, 2016, 10:38:31 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games
I have no experience from investing in crypto games or any other similar site but if your gambling results were not so good (i suppose they weren't) then i think that you took the right desicion and now you have more chances to get profit.
good luck


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: lorylore on July 29, 2016, 11:08:58 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.

It's probably a pretty good profits, but I think it will not last long and it can make you lose money for investment. You don't have to worry as long as the site is still providing information and the latest updates to all investments that you do. Gambling sites probably will last a maximum of up to 10 years and the rest will be through a pretty pathetic

Well at least for this 10 years, it can provide amazing ROI/ passive income and that is already very very good. And if it really last for 10 years, your 1btc can turn into maybe 10btc or even 50btc.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: LiQuidx on July 29, 2016, 11:18:01 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

I am also thinking about this. My question is how much do you expect to earn with your investment? Also how long do you have to invest with them? Who are the owners of the site. I hope they are trustworthy.

You can't have an expectation on how much you will win since it really depends on players activity... I have also invested with them and I can tell you that you can't calculate how much you should expect. It's a nice long term investment thought since unless a really lucky player shows up and clears all the bankroll you are expecting an overall profit.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: adibe on July 29, 2016, 11:54:14 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

Well, i never invest on crypto-games.net and it seems crypto-games.net is a good place to invest, but i think crypto-games's player is really low because the last time i gamble on this site, there's no player.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Mauser on July 29, 2016, 11:57:46 AM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

Well, i never invest on crypto-games.net and it seems crypto-games.net is a good place to invest, but i think crypto-games's player is really low because the last time i gamble on this site, there's no player.

Yeah I also didn't see a lot of people on the site when I was gambling there.

Atleast you managed to manage to stop gambling and switched from a customer to the house. Pretty good job. I hope i can do the same one day =)


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: minime0105 on July 29, 2016, 01:57:47 PM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.

It's probably a pretty good profits, but I think it will not last long and it can make you lose money for investment. You don't have to worry as long as the site is still providing information and the latest updates to all investments that you do. Gambling sites probably will last a maximum of up to 10 years and the rest will be through a pretty pathetic
I think the same way with you, and as far as i can say, the breakeven period of a invested money in a gambling site with normal traffic, is about 3-4 months only.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Lutpin on July 29, 2016, 02:00:15 PM
Well, i never invest on crypto-games.net and it seems crypto-games.net is a good place to invest, but i think crypto-games's player is really low because the last time i gamble on this site, there's no player.
Are you kidding?! :D
There's close to 3k BTC being placed in btc dice bets only the last month.



I'm a first day investor, and had invested on close to all coins ever since.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Twistedx2 on July 29, 2016, 02:28:59 PM
I'm invested in crypto-games.net, mostly eth, but having looked at all the profit charts on their site, the returns have very good in the long term. I see an average of 130+ people online at any given time.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: razor5cl on July 29, 2016, 03:05:16 PM
Good on you OP for finally realising that gambling is not an investment nor any stable way to make money - it seems to me from reading and research that gambling investments are fairly stable long term - short term disruptions occur if a "whale" wins big, but over time that'll average out with losses from most other people. Although to add what others said, going all in investing at one site is a bit unwise - less risk to invest smaller at loads of different sites - then if one goes under, gets "hacked" or otherwise something bad happens, you've still got reserves elsewhere.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: smho_16 on July 29, 2016, 03:10:28 PM
Well, i never invest on crypto-games.net and it seems crypto-games.net is a good place to invest, but i think crypto-games's player is really low because the last time i gamble on this site, there's no player.
Are you kidding?! :D
There's close to 3k BTC being placed in btc dice bets only the last month.



I'm a first day investor, and had invested on close to all coins ever since.

I have read in some other post or seen at your feedback don't remember well that you have invested there a bit more than 5 bitcoins. What has been the profit during this year ? I am very curious to know.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: eternalgloom on July 29, 2016, 03:45:49 PM
Well, i never invest on crypto-games.net and it seems crypto-games.net is a good place to invest, but i think crypto-games's player is really low because the last time i gamble on this site, there's no player.
Are you kidding?! :D
There's close to 3k BTC being placed in btc dice bets only the last month.



I'm a first day investor, and had invested on close to all coins ever since.
Yeah, I visit the site every week or so and just looking at the stats, it's very active, usually around 2 BTC profit (for the website) per day for BTC, I'd say, sometimes more, sometimes less.

Also had success with investing there in the past, but I'm holding out for a bit until I can invest a larger sum :)


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: JasonXG on July 29, 2016, 03:48:37 PM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games

That is a very wise and lucrative decision. Now you will have money since you won't be gambling it away. You will also be rewarded by gaining money as well as not losing by gambling it away.

Yes better to diversify your money with any investment. Dont leave all your eggs in one basket.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Sidas_Crew669 on July 29, 2016, 03:51:21 PM
I'm invested in crypto-games.net, mostly eth, but having looked at all the profit charts on their site, the returns have very good in the long term. I see an average of 130+ people online at any given time.

Yeah, indeed gambling sites can give you an advantage in every investment we give. Crypto-games.net is one excellent site to use investment. because I see the site is already very long, but then we don't fall asleep over it. For all gambling sites will experience bankruptcy at any time


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: olubams on July 29, 2016, 03:54:25 PM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games
In my own opinion @op, I think what you should put first is what youre putting last as what will be the relevance of any suggestion or share of experience do to the decision youve made already... The decision has been made, so live with whatever happen after... my 2 cents...


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: SAMKUSH on July 29, 2016, 04:04:18 PM
I have about 0.2btc invested in crypto-games, it does earn me some but it's not alot, only a few hundred thousand satoshi every few weeks or so. I also have an investment in just-dice, although it has to be clams, you can set the Offsite to up to 25x your initial investment so a 100 clam imveatment (about $65 right now) turns into 2500 ($1625). I would place a few other imvestments on other sites if I were you.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: buddu on July 29, 2016, 04:04:47 PM
I've active investment on that site from a long time but in other crypto currency. I can say this without any hesitation crypto-games.net is one of the best casino to make investment. It has very good gambling community and some big whales to play there. So that we have very good chance to make some profit through investment.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Lutpin on July 29, 2016, 04:05:21 PM
I have read in some other post or seen at your feedback don't remember well that you have invested there a bit more than 5 bitcoins. What has been the profit during this year ? I am very curious to know.
Probably my feedback, but quite possible I've posted about it a few times aswell. My investments are no secret, I talk about them when asked.
Currently, my investment sits at a little over 7BTC, it was as high as 11BTC in the past.

I'm not going to discuss my individual profits, but here's the chart for the collectively profits of all investors at BTC starting at January 1st up to today.

https://i.snag.gy/bvKNwU.jpg


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: socks435 on July 29, 2016, 04:17:46 PM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games
I still never experience to invest my bitcoin in any gambling site because its very risky . and i think you just waste your time to invest there because you can only get profit or you can get lose all instead of many people are get winning in that site..


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: SyGambler on July 29, 2016, 04:27:32 PM
well you already did a great decision by thinking of investing instead of gambling
I haven't invested in crypto games , but I'm invested in another site
I wouldn't recommend investing heavily in crypto games simply because their lower house edge , you can make more by investing in other sites

But you really need a huge bankroll to make some investment on some gambling site or may be using high odds to get pretty fast profit. I think lower house edge doesnt have any effect on your investment but you really need some good traffic on site that you are willing to invest to get like a lot profit

house edge is a main factor , when you want to invest you need to look for the house edge , house fee , kelly available and the avg traffic and wagers
also your bankroll doesn't affect your results , if you invested 0.01 you will get the same percentage when you invest 10 btc
but obviously the more you invest the more you win or lose , but the percentage is fixed


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: neochiny on July 29, 2016, 09:23:18 PM
So I felt like I've been gambling too much so I invested .12 BTC in crypto-games.net

What are you're guys experience investing at crypto games
I still never experience to invest my bitcoin in any gambling site because its very risky . and i think you just waste your time to invest there because you can only get profit or you can get lose all instead of many people are get winning in that site..

^^ I quite like the way my investment with crypto-games.net is going. I like the gambling community they have there. The House Edge is lower than some other sites, so the number of online players at any given time is quite good. Plenty of players=stable returns. Plus, I’ve tried some of the other sites before, but I’ve decided to focus here. Especially with them adding more features/game.


There are always risks in investments, BUT, this is the best site I've seen so far for investing.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Lexiatel on July 29, 2016, 11:12:17 PM
I just started there, I haven't invested yet, but (iirc) I read the chat yesterday, and someone got like 36k sats in 6h with a 200m investestment. It's not terrible.

Now someone else did invest DOGE there and today he didn't understand why he lost 1.5k when House was profitting. Someone said it was probably because someone cashed out. I don't quite understand that though... house should have its own balance, cash outs should not affect it, but I don't know how it's ran so...


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Lutpin on July 29, 2016, 11:13:36 PM
Now someone else did invest DOGE there and today he didn't understand why he lost 1.5k when House was profitting. Someone said it was probably because someone cashed out. I don't quite understand that though... house should have its own balance, cash outs should not affect it, but I don't know how it's ran so...
The user was seeing a 100k DOGE profit on the house in dice stats, while ignoring a 1M (hence 1000k) DOGE lose the house made in the same period on Blackjack.
It had nothing to do with someone "cashing out", please don't take everything that random users say in chat for trustable information.
We Mods try to keep chat as clean as possible from misinformation (or trolling), which this would be a case of.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: The Sceptical Chymist on July 30, 2016, 12:39:36 AM
Now I don't know how reputable all these gambling sites are, but I have to say OP's strategy here is the wiser of the two choices of either playing at or investing in a casino.  You just aren't going to win if you're addicted to gambling.  No one ever does in the long run.  But sinking money into profit sharing with a casino?  That's smart.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: forzendiablo on July 30, 2016, 12:58:58 AM
i mostly do sports betting now as i trust casino cant cheat there :)
on dice roulette u never know


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: fullypak on July 30, 2016, 01:17:23 AM
I'm invested in crypto-games.net, mostly eth, but having looked at all the profit charts on their site, the returns have very good in the long term. I see an average of 130+ people online at any given time.

I don't think how many people are online is important, but one should know roughly how much gambling is done on per day basis so that we can calculate roughly what will be the site % and investors %. Also don't invest all your money in only one site because if anyone wins big money then you may lose lot of money at one shot so to reduce this risk try to diversify your casino investments.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: lionheart78 on July 30, 2016, 08:50:54 PM
At  least OP choose the lesser evil between the two ;D  I have not tried myself investing crypto games.  Well, better than gambling all your money and lose it all, this is a smart move on your part.  Investing on the house is sure to have a greater chance of earning or profiting from every game they hold.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: zend7 on July 30, 2016, 09:05:20 PM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.
How do they pay you out of these profits? You receive it in monthly or an annual increments?
This is interesting to know indeed!  :)


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: White sugar on July 30, 2016, 11:50:35 PM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.
How do they pay you out of these profits? You receive it in monthly or an annual increments?
This is interesting to know indeed!  :)


It adds up in a chart. You can divest at any time and you get principle plus the profit


Can't you get only the profits?

What is the return usually given?



Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: btckold24 on July 31, 2016, 12:51:59 AM
Make this thread into a journal and update us with what happens with that amount over time. That should make it pretty interesting.

I like this idea. Update us on what happens  ;D

Also i went to the site and its not clear how to invest and how it works. Is there a site or thread that better explains this?
I just see the sign up and deposit portion but not the investment part


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Arcteryx on July 31, 2016, 01:06:42 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.
How do they pay you out of these profits? You receive it in monthly or an annual increments?
This is interesting to know indeed!  :)


It adds up in a chart. You can divest at any time and you get principle plus the profit


Can't you get only the profits?

What is the return usually given?


No I think he said you have to withdraw the principle as well as the profit (plus). That is usually how it works when you are an investor in a site.
If that is the case then you can expect to get less unless you redeposit to replace the amount that you are forced to withdraw.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: futurebit640 on July 31, 2016, 02:41:45 AM
At  least OP choose the lesser evil between the two ;D  I have not tried myself investing crypto games.  Well, better than gambling all your money and lose it all, this is a smart move on your part.  Investing on the house is sure to have a greater chance of earning or profiting from every game they hold.

Yes, it is good thinking to invest money on casino bankroll than gambling but to reduce our loss, it is good to diversify our money and put in few real casinos instead of just one or two. If any one guy wins big amount, then you will lose a lot of money and need to wait for long time to recover those losses.


Title: Re: Been gambling too much so invested 80% of bankroll into crypto games
Post by: Dr.Jekyll on August 14, 2016, 11:56:13 AM
I have over 1.15 btc invested on Crypto-games.net for over a year.
They may have a lower house edge but the profits have been very nice.
How do they pay you out of these profits? You receive it in monthly or an annual increments?
This is interesting to know indeed!  :)


It adds up in a chart. You can divest at any time and you get principle plus the profit

You can divest only after 24h on cryptogames.net. (to prevent abuse) You can check investment each hour.