Bitcoin Forum

Economy => Gambling discussion => Topic started by: SparkedDev on November 21, 2016, 02:57:10 AM



Title: Whats the most you have made from a casino investment?
Post by: SparkedDev on November 21, 2016, 02:57:10 AM
So I've been investing in many sites over the last year since i joined bitvest and have found many to be profitable.

I'm wondering what everyone else has done in 2016 or since you started with casino investments.


My questions to you:

How much have you made so far investing in casinos?

What site would you recommend to you closest friends?

What do you feel is a smart amount to invest in a bitcoin based gambling casino?

When do you feel the best time to pull out your investment is?


Title: Re: Whats the most you have made from a casino investment?
Post by: ajaxmoor on November 21, 2016, 03:44:35 AM
1. I am on a loss of my initial 3 BTC investment. Only had 1.4 left of it after a series of investments went bad.
2. None.
3. 0
4. Now.

I sort of lost most of my investment after a series of bad ones. I know there are good sites which exist, but I simply do not believe investing in any bitcoin casino is a good move as an investment.


Title: Re: Whats the most you have made from a casino investment?
Post by: SparkedDev on November 21, 2016, 03:46:12 AM
Oh damn sorry to hear that.


Title: Re: Whats the most you have made from a casino investment?
Post by: ajaxmoor on November 21, 2016, 03:50:27 AM
Oh damn sorry to hear that.
Haha, don't be. I am not posting here just to cry about my losses by a series of bad investments. But I honestly believe, that to invest in a 3rd person with bitcoin is the worst decision someone can make,specially when that person is not even legally bound to return the funds to you.


Title: Re: Whats the most you have made from a casino investment?
Post by: harizen on November 21, 2016, 04:21:49 AM
So I've been investing in many sites over the last year since i joined bitvest and have found many to be profitable.

I'm wondering what everyone else has done in 2016 or since you started with casino investments.


My questions to you:

How much have you made so far investing in casinos?

What site would you recommend to you closest friends?

What do you feel is a smart amount to invest in a bitcoin based gambling casino?

When do you feel the best time to pull out your investment is?


Profits I got by investing in a gambling sites bankroll is really not that interesting when pointing to long term investment purposes. I currently have an active investment in just-dice (clams) for more than a year now and the profits I got there is really dissapointing so I decided not to pullout my funds there and just let it sleep. And months ago I pullout my funds at Moneypot which doesn't give me a decent return. Im planning now to test the investment here in my signature and see how it goes.

For a friends recommendation, Im not that guy who will recommend a site for investment but rather will give them some choices.


Title: Re: Whats the most you have made from a casino investment?
Post by: hua_hui on November 21, 2016, 07:12:54 AM
How much have you made so far investing in casinos? I would have to say i have made like 50% in a year and i have constantly increase my pool so that i can get more out of it. However i have yet to withdraw so it is not really counted unless i get back my money.

What site would you recommend to you closest friends? I would ask them to invest in me cause i know where to invest.

What do you feel is a smart amount to invest in a bitcoin based gambling casino? After investing in so many thing in btc, casino investment is still the same choice for me.

When do you feel the best time to pull out your investment is? Depend on your investment strategy, so i cant say when is the best time for you but i try to pull it out after i get 100% profit or so. And use the 100% profit to roll further and the 100% deposit to invest in something else.


Title: Re: Whats the most you have made from a casino investment?
Post by: SparkedDev on November 21, 2016, 07:16:19 AM
Oh 50% seems like a decent amount if you have a sizable investment.


Title: Re: Whats the most you have made from a casino investment?
Post by: NorrisK on November 21, 2016, 07:38:46 AM
1. I am on a loss of my initial 3 BTC investment. Only had 1.4 left of it after a series of investments went bad.
2. None.
3. 0
4. Now.

I sort of lost most of my investment after a series of bad ones. I know there are good sites which exist, but I simply do not believe investing in any bitcoin casino is a good move as an investment.

What site did you invest in and how did they lose such a significant part of their bankroll?

Did they hit a bad streak with a whale who decided to cash instead of continue to play on? I guess it is quite common to see  5-20% hits on the bankroll, but over 50% is way too much generally.


Title: Re: Whats the most you have made from a casino investment?
Post by: hua_hui on November 21, 2016, 08:38:01 AM
Oh 50% seems like a decent amount if you have a sizable investment.

Well it all thanks to moneypot when the new team took over. The profit was crazy and everyone have like 100% within half a year. However, since from then onward, it has been going down quite badly. like any investment, when there is up, there is down. So luckily i withdraw like 40% of my investment when it is down 10%. And another 60% of my investment when it is down to 25%. And from the chart, i realise that it goes as low as 20%. I dont have a great amount but i dont foresee this happening again as now the moneypot is super down on luck while most of the profitable casino has already huge bankroll.


Title: Re: Whats the most you have made from a casino investment?
Post by: dollarbill$44 on November 21, 2016, 08:50:07 AM
You really think that online casinos are not the fraud?


Title: Re: Whats the most you have made from a casino investment?
Post by: traderethereum on November 21, 2016, 09:10:22 AM
You really think that online casinos are not the fraud?

the online casinos for some country is not fraud and its legal, but for the people with the illegal country still using casino to testing their luck and hoping they can get win the games.

and for me, i think i am not make any casino investment yet because its really big money for me to make investment on that place and maybe later if i have more money then i will do make some investment on online gambling site.


Title: Re: Whats the most you have made from a casino investment?
Post by: ralle14 on November 21, 2016, 09:48:33 AM
My questions to you:

How much have you made so far investing in casinos?

What site would you recommend to you closest friends?

What do you feel is a smart amount to invest in a bitcoin based gambling casino?

When do you feel the best time to pull out your investment is?

I reached 10% profit when I started investing in a casino few months ago. I wouldn't recommend any site for now because some gambling sites that i'm currently invested to are changing their investment policy within december. A smart amount to invest for me is when you have like more than 0.2BTC. Best time to pull out is when you double your invetment money at a casino.


Title: Re: Whats the most you have made from a casino investment?
Post by: numanoid on November 21, 2016, 10:05:42 AM
~snip~

Profits I got by investing in a gambling sites bankroll is really not that interesting when pointing to long term investment purposes. I currently have an active investment in just-dice (clams) for more than a year now and the profits I got there is really dissapointing so I decided not to pullout my funds there and just let it sleep. And months ago I pullout my funds at Moneypot which doesn't give me a decent return.

We are on same boat, currently i invested in Just-Dice, (i think this is one of best option for investing your money because JD have been long time and they are also one of trusted gambling site since 2013), too bad you already divested your investment.

Quote
Im planning now to test the investment here in my signature and see how it goes.
I see,so you're going to invest just only 9 days in Betking.io?
Hi

From the 1st of December BetKing will no longer be crowdfunded.

On the 1st all current investors will be divested and the BetKing bankroll will be funded by me.

The max bet will drop but will remain competitive at 30 Bitcoin.



Title: Re: Whats the most you have made from a casino investment?
Post by: Herbert2020 on November 21, 2016, 10:58:48 AM
So I've been investing in many sites over the last year since i joined bitvest and have found many to be profitable.
I'm wondering what everyone else has done in 2016 or since you started with casino investments.
My questions to you:
How much have you made so far investing in casinos?
What site would you recommend to you closest friends?
What do you feel is a smart amount to invest in a bitcoin based gambling casino?
When do you feel the best time to pull out your investment is?

please do not add additional formatting line bigger size to your whole text, it is annoying to read an abnormal size text when you are used to the normal size, you can use your browser's zoom feature if you have trouble reading the text.

and the answers to all your questions lie in this topic: https://bitcointalk.org/index.php?topic=1585408.0
but remember to check it from the start and not just look at the last results, that way you can see how these sites were performing over the time not just the end result.


Title: Re: Whats the most you have made from a casino investment?
Post by: ikydesu on November 21, 2016, 11:45:22 AM
1. For now i just have a satoshi dust from my investment.
2. I don't know, personally in being research.
3. The amount which you can afford to lose.
4. Honestly i used investing from the amount i earn from gamble, because i won't to put my money which i just have a chance to earn from my investment is the same as a chance when i play gamble.


Title: Re: Whats the most you have made from a casino investment?
Post by: fullypak on November 21, 2016, 11:49:06 AM
You really think that online casinos are not the fraud?

If casinos got a license to run, then they are not a scam, and if they don't have then mostly they may scam you anytime. In many countries, it is not allowed except some countries, so all these online casinos will mostly host in such countries. If you feel they are fraud, then don't invest on them and find some other good investment option.


Title: Re: Whats the most you have made from a casino investment?
Post by: harizen on November 21, 2016, 12:36:29 PM
~snip~

Profits I got by investing in a gambling sites bankroll is really not that interesting when pointing to long term investment purposes. I currently have an active investment in just-dice (clams) for more than a year now and the profits I got there is really dissapointing so I decided not to pullout my funds there and just let it sleep. And months ago I pullout my funds at Moneypot which doesn't give me a decent return.

We are on same boat, currently i invested in Just-Dice, (i think this is one of best option for investing your money because JD have been long time and they are also one of trusted gambling site since 2013), too bad you already divested your investment.


My Clams are still there sleeping for years and the last time I checked my account there was 4 months ago I guessed. I wonder if it's increase much. Because I saw a slow profit I decided not to pull it out and just let my clams there sleep and just considered my investment as a loss. For the record, I purchase those clams at 200k satoshis so really not a good output in terms of clams price today.

Im planning now to test the investment here in my signature and see how it goes.
I see,so you're going to invest just only 9 days in Betking.io?
Hi

From the 1st of December BetKing will no longer be crowdfunded.

On the 1st all current investors will be divested and the BetKing bankroll will be funded by me.

The max bet will drop but will remain competitive at 30 Bitcoin.



Oh I missed this. Thanks for the info.


Title: Re: Whats the most you have made from a casino investment?
Post by: milewilda on November 21, 2016, 01:49:37 PM
Im just  saying  my experience OP, It may  not contribute :)

How much have you made so far investing in casinos?
Didnt intend  to  invest  money on  gambling sites because  i dont  have  enough  huge amount of bitcoins

What site would you recommend to you closest friends?
If they like dice sites  then  go for PD or Bitsler , if  they  like sportsbetting,  then sportsbet.io is  good

What do you feel is a smart amount to invest in a bitcoin based gambling casino?
Dont have  any idea  but  it would  make you  feel your profits if   you invest  huge amount for sure.

When do you feel the best time to pull out your investment is?
When you saw  that  you didnt gain profits  on consecutive months.


Title: Re: Whats the most you have made from a casino investment?
Post by: victoryboy on November 21, 2016, 01:54:29 PM
Investing is off course much better than doing gambling by oneself but to be hones I never invested in any casino and will not because first of all I need some decent amount to get good income in return which I don't have. I prefer to do gamble by my own though this didn't make me fortune but I am satisfied with so far experience I got.


Title: Re: Whats the most you have made from a casino investment?
Post by: SparkedDev on November 26, 2016, 06:06:19 AM
bump