Bitcoin Forum

Hi to all gamblers and game investors,

few days ago I start tracking my investments in gambling sites and made some overview to see how my BTC's evolve.
So far I still have to update few things manualy as I'm having issues to get API access (namely for safedice, bitdice, megadice and the only full working APIs at the moment are for crypto-games and bitvest) .
 
Nevertheless you can visit my site bitcoinr.cz (http://en.bitcoinr.cz/page/casinos.php) to see the actual progress ( so far in green numbers, Hurray )
Feel free to comment, share opinions, propose new casino to add


UPDATE: Going to add more casino stats. What info you guys prefer?
surly total wagered ... any others? EV, wagered 24h?


Thanks

Good luck with your investments ! I check the site and I like it - summary info at top and then all the graphs.

Here you could check a colleague of you with a longer investments - https://bitcoingamblingreviews.com/bitcoin-gambling-investment/ and make some conclusions what to expect in mid-long turn :) He have ~ 7BTC in bankroll investments.

This will be my another basis for investing in casinos,  https://bitcoingamblingreviews.com/bitcoin-gambling-investment made a good review and he is currently on profit now. You should have the same results or you might get bigger income if you will start with a bigger investment bigger than bitcoingamblingreviews started.

good to see that you are on the right track with your investment and i hope in future you can gain much of profit and i see, so far, you can get your investment grow and you really make your own profit. but i wonder, is there any of website that allow us to make small investment, let say in less than 1 btc? because i only know that yolodice allow us to make at least 0.001 btc to invest with them. if there is available, i am sure that many people will make the same investment like what you did.

Nicely done website. I wish you success in your investment. I really liked the interface and the tabs on the left, mind you telling me what theme did you use, word press or joomla. I am really interested to create a website like that and add all my Ptc sites and bitcoin related works I do online. You have chosen the best websites also where to buy/sell bitcoin and have chosen the best faucets to collect bitcoins. Very nice website.

Hi, thanks for all your comments.


Interesting, if only I could afford to invest such amounts  :D
From the web above it's clear this is not always profitable ( the bitvest loss was quite fast and significant). Though invested only part of my total BTCs I Hope this will not happen to me. 



Good point. Actually most of casinos allows small investments from 1 mBTC (but problem is the profit will barely cover the deposit tx fee)
I'll double check it and add a note about the minimal possible investment for each.



Sure, theme used is AdminLTE2

Very nice, I was looking for this kind of list to see some suggestions about which casino sites to invest. I didn't try BitDice yet and it looks a good idea to start a investment and see what happens. You are making a good profit, possible to grow your money 10% monthly or more! I don't know any other investment too good like this, principally in real world for fiat. Good luck!

Thanks, just be aware it's not 100% sure profit. As you can see ( link in the second post ) the other guy lost 30% in 5 weeks with bitvest. Luckily it was compensated by other site profits, so I suggest to use multiple small investments rather than one big.

Great list, I like very much what you did here. Many people are interested in investing in casino bankrolls, I saw few threads here that have similar tracking but you did very good job, we need to give you credit for that. This will be very good for members here, for now you didn`t make a lot of profit but I hope that you will have more luck in the future. Well done and keep us updated, I will follow you and maybe I will invest in some casino from your list.

Thanks, my credit is your visit to my site :)

UPDATE:
Meanwhile added section about trading (it's sort of gambling as well) ...  have purchased a trading bot and you can see the results at http://en.bitcoinr.cz/page/profitrading.php
 

Nice to see you have a site to have your portfolio well arranged and tracked. The performance from investing in the bankroll of casino sites is as can be expected satisfactory as the house always has the upper hand as can be seen across board. Nice to see those proof of earnings from GunBot from a neutral person and might influence me to take a decision on paying for the bot. I think you can add one more advert network and ask the dude behind GunBot to use your link as testimony and the traffic would start contributing to your income. Best of luck!

Btw, can this be shared or duplicated?

This is your own website and invest and profit there is yours?
Looks like you  are earn few profit almost 0.01+ btc in 30 days? Hoping that we can see a good result in your invest after few months more..
Since its investment i think the result will be see after few months just like other gamblers here that invest and test few website if what site are actually are giving a good profit..

You know... I'm just a bit worried about this whole investment trend.
I mean what exactly does prevent the casino to just... Close and go with your investment?
In a way it would be extremely profitable, they could leave with your investment plus the money in balance :/

I don't know for all casinos but most of them would make thousands of bitcoins! That's something which is definitely tempting :/

Sure you can share or duplicate, no problem. Thanks for good ideas.



Yes, my site and own investments. I'm in this game for longer time but started tracking recently.



Agree, nothing can prevent this happen. It's a risk and I would definitely not put in all I have ( following the rule Invest only what you can afford to lose).
On the other hand I believe a succesful casino with lot of active players has much higher value for the operator than just the bankroll which is usually inflated.

I am sure that gambling sites investments are the most profitable ones and if I would have couple bitcoins on my balance I would invest in in a casino. I wish you much luck in your investment and inform us about the latest results if you can ;)

Oh wow thanks. This is very helpful. Cryptogames and bitdixe are doing so well. Great stuff. Site bookmarked.

Investing on gambling site is a very good decision for long term project. This will give you nice and stable income for a long time if your invested site performs well in the long term. Most of the investors are making huge money with this method. But it needs more BTC we can not invest small money because the income will be very less in casino investment method. If I also have some coin, i will also invest in any reputed casino site.

Yes, the business model is simple. Casino always profits in long term.
The only problem are possible "shady casino operator" ( as mentioned few posts above). Whose target could be to seize the bankroll once reach some value... but I believe a long time running gambling site with good reputation is operators golden mine. Why would somebody ruin such profitable bussiness?  



I appreciate you like it. Soon I'll bring an updated version with more statistics. Stay tuned.

What happened with your stats?? i see -100% on bitdice,kingdice,safedice,yolodice, did you divested your investment or it's a bug showing wrong stats?

manual update  :D 
I have API only for bankrolls and have to update actual invested value for most casinos (only bitvest and cryptogames are fully automated).

True is I was hoping nobody notice it but forgot to updade (for only about 10 minutes) yet you got me  ;)

Guess i checked at the wrong time lol. i have a suggestion for you, can you also show profit in usd and the usd value of BTC at the time of investment.

Yes, what a great timing.
The actual BTC price can be found in menu ... Im using coindesk ticker.

and honestly. I'm more interested in just multiplying my BTCs ( not focusing to their price ... you know, like start with 1 BTC ending with 1.3 BTC is for me profit no matter the price )
but I will think about it, thanks

Accurate! What a great timing? If you are not focusing to their prices? Go ahead! Just multiply your bitcoin/cryptocurrency and the outcome is an okay job. You can invest in any gambling site out there? Your money can be double, triple or it can make your money more and more but if you feel that time to back out go help yourself

I have wanted someone to create a website like this for some time now. It is very helpful and not everyone can afford to trial these investments. So it is nice when someone else does. The good thing about them is even the ones that only make a slight profit are still stable. Over 3% a month is great. I see over 4% wow !!

This has helped people not choose the wrong site when they want to invest in gambling sites. I see you do this with the manual it is very good because you will provide the correct information but there is one suggestion from me you need to often update the information that you give.

Yeah, the manual updates starts to be pretty anoying :)
Not sure if I follow your suggestion. What exactly you mean?


Great, Im satisfied with the results as well ... actualy total profit is circa 2% ( but bitdice and crypto-games are real winners this month)

Yes, it's always good to split investments among some sites, but 30% loss in 5 weeks seems too much, no? I have never seen someone losing so much money in this period of time, maybe he used too high leverage level?

I have seen some amazing spread sheets recently, to track patterns etc.  I have been considering downloading a template for just such a thing but I am not sure I have the energy to log all the results manually.  Especially since most sites should offer a history or log of your plays and can access the data fairly easily. It's common, I think.  Thanks for the info about the new site you are working on too.  Will check it out!

Yes, 30% down is huge but who knows what happend. I did'n watch the site that time so can't tell.
Could be caused by high leverage and probably is ( I don't know if he mention investment details, I do  ;)  )  

BUT can tell e.g. safedice bankroll has been almost entirely wipeout some year ago

AND I also recall opposite case happened with betking ( made me more than 30% profit when some whale lost 1200BTC in few minutes (see here (https://bitcointalk.org/index.php?topic=910134.msg16105050#msg16105050))... I was just lucky enough to invest right before this happened.    

So yea, such thing happens and it's pretty unpredictable.





Yeah, the manual update sucks! First two weeks was fun but not anymore :D ... now I'm enjoying only when writing big jumps otherwise it's annoying.
Original idea was to get all data via API for all casinos but it's not that easy as I've expected.

 

@Bitfort. I did not know you can invest a small amount of bitcoin in a casino investment. How long are you planning on staying with the investment and do you reinvest your profit to compound them?

How do we also know the casino will not run away?

This is one pretty clever tracking website for casino investments. Good job!
I've only seen two small things to be fix . First, it seems the label in the graph is intact to two character then dots even the sidebar is hidden. I guess its better to complete the label word after clicking the sidebar toggle. Second will be, the little typo on the blue box info (ivest-invest). Thats it :)
Good luck on your investments.

I really like the way you have included statistical chart within your site. But it looks like you haven't made much profit in last 30 days. Anyway keep this updated and if you can than try to sort your investment list according to profit from them.

I'm planning to keep it run as long as possible, untill the casinos or bitcoin crash  ;)
Actually the profit is compounded ... these numbers are showing current active value (sure I could close it every month and start again, but I wanted to have a nice long charts)

There is no guarantee the casino will not run away. I'm saying to myself the casino is proftable bussines (gamblers are and always will be) so why would they ruin it.



Arrgh those charts ... there is lot of work to do with charts  (also with rest of the web)  ... but I'm learning slowly. Will definitely improve them sooner or later
I appreciate the typo info (fixed), thanks



Small but still profit. The reason could be I do not use leverage so profits are decent.
Sorting the table is good challange for me ... Im working on better charts now, but this can be next step.

 
 

before the casino is broke, we can still earn profit with them and i think if you continue this, many people will be happy to see that your result is help them so they can know which is the good site and the bad site. i am having good experience too with investment in gambling site but unfortunately, i am too lazy to make some report even for myself but with your report in here, i really thank you that you do a good job. i want to know the next update. cheers.

What mechanism secure your investment, i mean if they can run away with funds, then you do not have security at all? This big money you have invested, i do not have stomach for this kind of business, maybe with smaller funds. Actually looks too good this scare me most.

There is no security, every investment comes with a risk, and the reward for risk is profit. Bitcoin casinos on average return 2-3% per month nowdays, which is very decent because of relative safety. With fiat currencies this would be considered a very good rate of growth. Casino investments are the safest type of investment in Bitcoin world, so people easily invest dozens of Bitcoins.

There is always some kind of risk but without taking this risk you can't earn anything. Actually OP seem quite wise to invest in multiple casino rather than just in one platform. He will not loss all if any of the site he have invested run away.

It is so wonderful that more and more people are tracking and showing their investment in different casino. And to be honest, with just 30days of investment, some casino can get you 5% or so is actually very impressive.

We can not trust any site now, and the reputed sites also close without giving informing to people. See Directbet site recently closed it was a most reputed site in online sports gambling but what happened today. Like that we can not trust any site for a long time. When the site is in good position let's invest some amount and make a profit and withdraw money. Don't put for a long time and also don't out your all money in single site.

I think SafeDice is the most dangerous site to invest as the house edge there is the lowest among all casinos (0.5%). I have an investment there, never have had any big loss, but never have had any big profit also. Most of the time the investment stays stable. At same time it's a good casino to invest because lower edge attracts many gamblers, which means more traffic, people spending money, etc... I think if I keep low leverage level I'm safe.  :D

 ??? ???

It seems safe, I'v been following bitcoin gambling reviews (bitcoin millionaire)

https://bitcoingamblingreviews.com/bitcoin-gambling-investment/

He's keeping his investment in SafeDice and a couple other casinos he deems safe and trustworthy
He pretty much turned 5BTC into 7.5BTC in 9 months so I'll trust him with SafeDice :D
My investments are currently in Crypto-Games, SafeDice and KingDice (well Poloniex lending too, but that's not gambling).

I mean that just because the low house edge (that is good for players, but somehow bad for investors), I'm not saying that is a scam/shady casino, just that your losses there can be higher until the profit starts coming.  :)

I have a little investment there too, never had any problem with them. Support very attentive, friendly.

What casinos would you recommend to be the safest to invest in and how do you do the evaluation to know that they might be the safest. I know they all are a risk but what I am looking for are the ones that are less risky.

You can refer to this thread https://bitcointalk.org/index.php?topic=1585408.0
The OP is currently on a big profit investing in casinos, that's my basis in investing as well and so far I am on a positive side, maybe it will help.

why we need to invest our money in casinos? We can invest in cryptocurrency instead because they will give you a better profit than casino investing. I have doubled my Bitcoin in less than 1 month. From 2 bitcoin to 4.5 bitcoin

I'd have to say, nice site you have there. What's great is that the developer of that template share it for free, which is nice, since I've been looking for something like this for my investments too.

Great profits and congrats OP, I have the same numbers as you as I also invested a month a go though for a bigger bankroll. Good luck to use investors!

My favorite is crypto-games due to long time running,  their activity on social networks and public cold-storage ... so I have good feeling the operator means it seriously.

And the owner, DogecoinMachine,  is a very nice person, I've been doing some work for the site multiple times and his communication is one of the best I've encountered in crypto world. This is why cryptogames is one of my most favorite casinos, not only for playing and investing, but also for chatting.
YOLOdice seems to be good too, the owners are also very responsive in chat and official thread and investments seem to perform well, plus they feature leverage.

Thank you for all your suggestions everyone. Crypto-games it seems is the most stable in giving payouts to investors. I would also like to ask, is it easy to invest in them or will I have to contact the owner?

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FtaDEm7s.jpg&t=577&c=BrqwqWbhi0DYmg

nono, investing is super easy. You just need to deposit BTC and go to invest section and deposit amount to bankroll.
Don't forget to use 2fa
 

When we look critically, we would not fail to see it is rare for casino to fold up compared to other businesses and that is because their business model is almost a guaranteed profit. By and large, they stand to make even more money by simply running their business  normally than to go under with mere fraction of what they are capable of. Like a good coach, it is worthless replacing a winning team.

Hey Bitfort, really nice site you created there. I think it is very rare that one is simultaneously in the green area on so many dice sites. Do you apply a special strategy or has it just been luck so far?

I couldn't agree with you more, investing in Bitcoin currently is the best so I'll admonish all who can to do so but I'm not ridiculing casino investments either; it's still good but just that there's a better option.

Hi Tyz, thanks.
No strategy at all. Just deposited and watching ... think I was lucky to enter in the right time.

In past I have tried some strategy ... I was watching bankroll dumps and raising the leverage after the significant ones ... it was quite successful for few weeks but later end up in loss, so I decide it's not worth it.



It's one the options. I'm not saying the only one.
But your bitcoin doubling sounds too good to be true. Are you trader? ... feel free to share more details how you achive that.

Finally managed to do some small update (found out putting too many chart on single page makes it confusing so I will make separate page to show casino stats later).
Now you can freely move the charts to compare each other.
 
Feel free to comment, advise, critisize  ;D

Nice, you are going very well.

Could you share your leverage levels on each site that has this feature?

Right, I forgot to mention it. Investments are not leveraged (kelly 1).
Updated, thanks.

this is interesting,people who tired to playing gambling and maybe always lose,they can try to invest their assets here,this website very nice,and look complete,i just wonder why you're using domain (.cz) better using general domain for good promotions.

Well, most of the bitcoin related com, net etc. domains were already taken by speculators and I found this one pretty neat.  

I don't think so, have you made enough domain search? I think .io is far better than even .com because most of the bitcoin/crypto related services/projects are using this domain these days. You might find suitable .io or other top level domain names.

How was .io better? There have been a lot of scam sites that opened at .io domains and it totally destroyed those domain in my eye. Though you can say that for .com sites anyway but .com are really more searched than any other TLD.

If I would ever make a site, it would only be a .com. Though good luck finding something available.

Is your site performing well? if the amount of visitors are significant then you should probably stick with current domain/TLD. if you wish to change then it doesn't really have to have bitcoin in it, find a domain name that's catchy,easy to remember.

Despite not so much of attractive content there is few returning visitors so I consider the site is performing well.
Finding catchy domain is quite hard task for non-native speaker like me. What sounds catchy to me does not have to be catchy for others.
Bitcoinr can be example. It sounds pretty catchy to me but you would found Bitcoiner sounding much better. Right?

Nevertheless I get used to use bitcoinr as my nick all over the internet so likely going to keep it.

Just for info. Next few days I'll be away and unable to do the manual update so only API based stats (crypto-games and bitvest) will reflect the reality.

I really like you way of tracking and I hope it will give you detailed informatin of what you want . I will also try it out so