Bitcoin Forum

I know that bitvest.io is a gambling site , where we can found multiple types of game .
But there I found some investment like things  " gamble or invest "
Now , I want ask what is type of investment . How does will pay to us for our investment . Is there any system to give interest of it is just like money pot , to give your btc to make bet on it by another user .
I request everyone please explain me the basic rule of investment of bitcoin in bitvest .
thanxx in advance .

In lay-man terms: you investment turns into a bankroll when a gambler wins your bankroll decreases depending on your % but if thr gambler losses you gain profit

Here is their detailed explanation https://bitvest.io/investing

yupp!! , The game of investment is directly depends upon the gambling result  . Here it seems that the gambling system and investment system are same like moneypot   but games are small different .
Here I will suggest to OP think multiple times before invest in this investment system because here the condition is same like as gambling . Here in investment another person will play game with your btc and the outcome will result into your profit or loss.

It's kinda the same with other casino that has an invest option where you can put your money to the house and share the profit with them. Here's my advice if you're planning to invest on bitvest just set the risk level 0.4-0.5 so you won't lose that much if someone wins big from the site.

Whatever you invest in any gambling sites will be used as bankroll for that casino and whatever you may earn out of that investment depends upon the profit or loss site will make in future proportional to your investment size against total bankroll.

You invested 1BTC
Site have total bankroll of 100BTC
Site made 10BTC in profit in one month.
You will get 0.10BTC in profit with 1BTC investment in one month, after profit your new investment amount will be 1.10BTC

And your balance may also get deducted in same proportion if site loss 10BTC total in that month. So investing in gambling platform also have risk but that is quite lower than gambling. Return is very low while there is also risk of losing all you have invested.

Yep. It is the same as how the investments in moneypot is used and turned into profit.  Your money will be used as the sites bankroll and the amount of profit you will get depends on how much users or players will loose. The more they loose the more you'll profit from it.

i think its worth to try because the chance for the sites loss is small and if the sites is really loss, i think their profit still big than the loss so we can get a profit too. but yes indeed, its have a risk too like other investments, but at least we know where the profit come and we can invest with low amount.

But the site is not very popular like primedice, bitvest is the simple game casino, people don't gamble a lot there.

not popular like primedice yes but they are getting popular as time goes by, i remember the days where there are only 3-5players playing including me but if you visit them now you will see several users playing and as we all know, no site becomes popular in just a short time and i believe investing in bitvest is a good idea coz the investment amount is still low and its easy to own big part of the bankroll to profit overtime

That is investing in a gambling sites bankroll. Playing with the house and not against the house. Since house always win you can have a sure profit for a long term.

Basically your investment will now be part of a gambling site bankroll and yes same with the Moneypot thing you mentioned. Gambling sites that offers this kind of investment have a varied computation on how much profit you will take. Just head in the FAQ section of a gambling site and surely it's there. Since you are pointing in bitvest, someone already gave the link on it after your post.

If you want to try it then check it for yourself and see if it's profitable to you. Ever imagined why that kind of method is not that appealing to anyone eventhough profit has high chance?

Can I prove what happened with my investment or do I have to "trust"?

Ageeed, bitvest is getting more popular now. I like playing plinko and slot game there,
about invest in bitvest is really good. to many people come and playing with their money and thats increasing chance to get profit from investing.
Always remember invest in site bankroll is high risk, especially when someone hit big may be your investing will drop some percent and need time to get it back. But most of people said more risks is more profits, so now the choice is in your hands

You mean  there are much chances to make money than loss .
Actually I was looking to invest about 0.4 btc but I am confused whether to invest or not .
I made the total earning of 0.4btc in three months , now I am thinking what happened when all goes loss ,according to your last line , Should I need to make invest or not any suggestion .
Today I got more numbers of bitcoin gambling investment sites  , but confuse to select .
Here I need to choose between moneypot  and bitvest .

edited : I don't found much profit looking to much low , if I invest  0.1 then I will get useless amount of bitcoin earning .

I think to make a profit in the investment in the gambling sites are the same thing you play on the gambling site, just a suggestion to think about it all at risk, respectively

I guess it's pretty much the same context with the typical poker house scheme "rake". For every played hand in poker, in a cash game table, the rake is the percentage of the total pot. And this would go into the poker house funds.

Don't get too confused by all that man, it's really easy!
You invest whatever you can and want. It gives you a share of the bankroll: your investment/total of bankroll
Then whenever the casino earn or lose money you earn or lose the percentage of the bankroll you have.

The idea is that with low investment you won't earn much but you also won't lose much.
The risk exists of course but the casino will win statistically. Investing in a casino is the same as gambling but instead of seeing a 1% House edge, you're the house so you're the one who have the 1% edge!

Hopes it clarifies your questions!

Yeah may be you saying almost everything and it is clear enough. But to earn in investment what you really need is some bankroll too. As far as I know that 0.4 womt give you any good roi. For me there is 1 btc minimal investment amount in order to gain some roi

How much can get profit / week ?
is this a big risk ?

You get the edge over players.
But still there is risk. If a player win big, your investment will decrease. But if a player lose big, which normally is the outcome. Your investment will grow. Right now bitvest is at 1400+ btc bankroll.

I'm monitoring this thread https://bitcointalk.org/index.php?topic=1585408.msg17499250#msg17499250 and bitvest did not return profits in investing.

They just divested too soon, they'd be up well over 25% if they kept their investment with us going :p

You can see our historical profits on this page (https://bitvest.io/charts). We're also one of the few casinos which runs a full proof of reserves and liabilities (https://bitvest.io/liabilities). This makes us unable to claim less is invested than what actually is. An evil site could claim 500 BTC is invested when 600 BTC is in reality, take 100 BTC, and run a fractional reserve, this makes that impossible. We also prove our reserves, so you know we always have access to the coins which we hold for our users, guaranteeing we will always be able to pay you out.

Yeah looked at investor's profit chart of bitvest here https://bitvest.io/charts and it seem there was decrease on nov and dec last year so may be that have forced many to divest their investment on bitvest.

Actually investing in gambling site's bankroll also have risk of losing and profit you can make is really low, you can't earn like 50% or more within one month. But i think in long run house will make nice profit so better not to divest when site have gone through big loss due to some lucky winner winning big.

Maybe better to invest in sites where you know who the responsible operator is? Otherwise it is like playing lotto?

No one can tell you in advance how much you can make a profit on a weekly basis because all those past performances are just for reference but it may not be same in future. These are high-risk investments, and you can get high profits over the time. It is better if you can diversify your money into few good sites then you can reduce your losses in the long run.

No need to know site owners personally but you're active on this forum then you can know which sites are trusted. But each site will have a different profit sharing % for investors so you should carefully study and pick up few good one to invest. Don't ever put all your money in any single site to avoid big losses in future.

yeah because it will be depend if how many gamblers will play inside the site and how many unlucky users will lose from time to time, the only thing that we can tell is the longer you hold your investment the better chances to grow your earnings.

so if that site is not very popular like the other site, then that site is not good? i don't think so because we don't always to choose the popular, but what we need to choose is the site with a good reputable, secure, safe, and recommended by many people. so if bitvest is include with that option, then i think its worth to try but my suggestion is don't have to use the most of your bitcoin to invest, but try with small amount to make sure you have a good option with your invest.

Seems like that particular case was indeed a losing investment but I've also heard of successful investors. After all variance is possible and a highroller can easily cause such swings. It could go back up just as easily.

how do i know whether bitvest won and that i'd be paid with the 10% from my bankroll?
i hope they aren't fraud that investors will see transparency like no instances where the casino site will decare loss when they indact won.

One thing is for sure, they are not taking your money and say good bye but they need to gain the community trust first by paying on time without lying to investors, that way they can attract as many investors as it gets nowadays, I've had my fair share of experience with them and never encountered difficulties.

The casino shares a certain % of its house edge with its investors and you gain the % that is equal to your invested bitcoin / total invested bitcoin.

Easy as that.

This shows where all the funds in the site are:
https://bitvest.io/liabilities

Also this site is also owned by 777coin.com which has been around since 2013 so they are pretty trustworthy.

Most casino's gain off each play win or lose, and there is pretty good stats keeping track of all bets.
https://bitvest.io/charts

Also in the investment when there is an active investment it will show your gains and loses plus the sites cut.

Our fees and terms are explained at https://bitvest.io/investing (https://bitvest.io/investing)

Yeah me too. The last day has been really bad for Bitvest as well. I think you want to try a more stable site like Crypto-Games or SafeDice...

so you guys have tried Crypto-Games and Safedice and profited from you investment? i actually though bitvest has been around longer than those two.
I have gathered some btc right now and decided not to invest on some ICO so i might just give myself a chance to bet on gambling site.

ICO's still are a good idea for investment. You just really have to do your homework and learn as much as you can for the coin.

Even if you have invested in coins during ICO which you think have potential in future, you can't know when it will get listed and you can sell them for profit. But if you invest in this gambling sites you can divest instantly or invest more whenever you want also there is no guarantee that you will make profit on selling those coins on listing. But investing in gambling make you quite sure that actually you will make some if you keep it in bankroll for long time.

Don't just pull out/divest your investment when sites is making loss.

Many people has get profit by investing at there, if you doubt they would pay, you should deselect intention to invest because in every investment is always have a risk.

I also think bitvest can be trusted to invest into but no any gambling platform are immune to loss, better to diversify your investment in multiple gambling platform rather than putting all in one.

Thats a better idea since if his investment in bitvest will be lost he would have another option where he can gather some profits in it, and the thing he must do is to seek those reliable site where he can put here trust on and have a good track records among to their investors, he could also inquire at bitvest investor ann thread to find good answer about this inquiries.

There is no guaranty that you can also get profit in future just because they made a good profit in the past. It is also indirectly linked to our luck because if anyone wins big amount, then investors lose big percentage. You shouldn't invest all your money in one site instead consider to put some of your money in non-gambling investments as well.

Get in there and invest! It has been a great run recently! Most importantly the site is retaining big players and getting lots of volume :)

That is the most important thing one should check before investing in any gambling casino bankrolls. If a casino can manage to attract more and more people, then investors can make a better profit. Consider to invest to few good sites and don't put all your money in a single site.

The investors profits is up by 110 BTC :) The global BankRoll is 2000 BTC now ( All time high ) and is going upwards :)
Take a look at this -> bitvest.io/charts it will help you .

in the end all gambling site will be profitable though. The only problem here is the one that reliable site that can be put your investment on, because nowadays there are many options to invest but only some that can give you good roi. And one of them is bitvest, afaik bitvest gives a good roi to their members and every month their bankroll keep on rising. This will be a good option if you want to get your roi fast enough

Its a very good suggestion as I was going to invest in one site but now after reading some views and good comments from many users now thinking to do investment in 2 or 3 sites not all in just one because its could be very risky one

Thank you for thst helpful link.
Yes is looks as if safedice and betking or doing the best.

I retract my statement. As I have no lost a lot of BTC's here...

Spark i remember exposed how you investors could have been tricked. i wasn't sure how true it could have been but its very possible. i didn't dig in to how partners end up having a fight but i sure know Spark being a forum owner had promoted bitvest faithfully.

I don't remember that , did Sparked mentioned tricking the investors ?? all I can remember was him talking about delaying withdrawals which is a better thing for the investors I guess
in general investing in bitvest is really wild nowdays , you can win or lose tons but the edge should work the same in the long run

do you have a link to this information?

it is a good question, i was thinking to make a small investment in a gambling site not bitvest exactly, but i would like to know the answer of that

When you deposits your bitcoin for investment you are given a % of profit equal to the % the casino website made. They give you some of the profit and they take the rest so say they take half and you pit in 10btc and make 5% profit so you make 0.50 btc WMD they take half and you take half so you each will get 0.25 btc profits.