Print Page - Gambling Site's Investing (Is it worth it?)

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Small trivia:
the owner of that website is NLNico (https://bitcointalk.org/index.php?action=profile;u=107762) and the only person here that have The Glider(hacker symbol) badge

Are you going to try investing on their bankroll? Please explain your answer :)

I haven't invested although I'm interested in making such investment and when I do it won't be a short term investment instead for the long-term. The benefits as you have stated is very tempting since you don't bother amount winning or not losing a bet to profit so I can't ask for a better earning opportunity.

I was once advice by one of the individual (Investor) I adore, he said that when two teams plays a game (he was referring to football) that there's someone that always win irrespectively of the outcome of that game which obviously isn't the players or club playing but the tickets seller. The same advice can be applied here since the chances of the house to win is more than that of the hundreds of players constantly playing. Thanks for the link shared, I'll check it out.

Similar to investing stocks/shares to a company. Once the company you ibvested in lose market profit, their stock price also goes down. This is somewhat a similar idea, but you're just taking a percentage cut directly into their sales.

I might invest few of my funds, since the odds of the house winning on these online gambling casinos is greater than the actual gambler winning. Though before investing, always check the legitimacy of the site. They might use mock customers that they'll consider losing, when there's no actual losers in the platform or even players, and just have the funds of investors taken off.

Quote from: blckhawk on February 07, 2020, 06:07:30 AM

I might invest few of my funds, since the odds of the house winning on these online gambling casinos is greater than the actual gambler winning.

why invest only a few when you are already sure that the gambling site will more likely to win ? you shouldnt limit your self buddy . i havent tried investing on a casino before but i am just a player and i loose more often . it seems that the more i play the more i loose , so it means that gambling site really earns alot .

Quote from: blckhawk on February 07, 2020, 06:07:30 AM

Though before investing, always check the legitimacy of the site.

this is the most important part to consider before investing . there are old age sites out there that offers investment , like for example bitvest , cryptogames , ( to name a few )

Quote from: semobo on February 07, 2020, 06:26:17 AM

Bankroll investment on gambling site's are somewhat less risky compared to all other form of investment plans because we all knows that house has better chance of winning than players in long run so if you are going to keep your capital there for long you can make more money but I don't think it will suit for anyone who want to multiply their capital.

For who this investment will suits better: One who have lot of savings to survive their life and got lot of crypto sleeping in their wallet can got for this.

This is going to be good if you want to divide your asset and spread your investments, that is the basic's if you want to be a great investor! Divide your funds for short and long term investing, maybe some is going to be for trading and some is for holding. Personally as I've created this topic I want to invest and before that I want to hear first on those people that try it, so after that I can decide. And in additional having a decent amount of bitcoin in this kind of investment is big deal considering that, your profit will depends on how much is your going to invest.

Quote from: cryptoaddictchie on February 07, 2020, 05:59:31 AM

The idea is nice actually. Lots of people are into gambling so the chances to win (earn and profit) is also good. IMO, most related to gambling even though it isnt cryptocureency always win by the house. I never tried this before and probably never will. I am not a full time gambler and just doing sometime to enjoy myself. Being on the house also is gonna be a tough decision for me. Maybe I will just be forever on the player side.

Yes, it is related to gambling so there will be still a risk, but I think the risk is lowered by this type of investment ;)

Quote from: cryptoaddictchie on February 07, 2020, 05:59:31 AM

Nice Trivia OP, but his badge isnt show anymore. Also he is not active anymore here.

Yeah, he is not active here anymore. But I am still seeing his badge maybe there's a bug, or somehow his badge is not showing on some part of the forum.

The answer will depends on two things, if the gambling site that you are going to invest is well known, the profits will be surely put inside you wallet every single day, but if you are going to invest in gambling site where it is just starting, the profits is not guaranteed that will come fast but there is still profits on it, there is no doubt about that. I suggest that if you don't know the owner of the gambling site personally, or he doesn't give any assurance for your peace of mind before investing, don't risk your money on it.

Partnership is not supposed to be a one-sided, there must be a connection as always to avoid money losses because of being greedy when it comes to profits.

Investing in a gambling site is one of my options when the time I am still investing and It seems to be a good investment though, A long term investment should be fine and the 2% fee will be covered by the profits you make over a long time, I think it has a higher chance of gaining profit from investing on a gambling site than investing it to ICO/IEO I think. A lot of traffic on a gambling site means there's a lot of possibilities that you can earn more profit from it.

If I have still the money to invest I would really like to try investing in it.

Whoaa It's my first time to see that user and seeing that kind of badge :o

Code:

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for the short term, I think not.

I guess even if you are part of the house bankroll the house still wins. ;D. It might be worth it if you are investing a huge amount of money, even though the house has a higher edge over players you must not cross out the risk that you are investing in a gambling site and the risk of the house losing is still possible by the time you have invested. Any investment is a gamble and you should also consider the platform you are investing in, the number of players should be taken into account and when investing.

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Partnership is not supposed to be one-sided, there must be a connection as always to avoid money losses because of being greedy when it comes to profits.

Investing as part of the house will mean you also accept the risk of losing your funds alongside the house since you will be sharing the risk as an investor. That is why it is not an investment you should consider if you are planning to invest everything you have hoping for sure profit because no investment guarantees this, risk will always be eminent.

Bankroll investment IS a long term investment like more than 2-3 years is ideal.

I have tried the crypto-games bitcoin investment for 1year turning my 0.1 BTC to 0.15 BTC approximately leaving out the small withdrawal fee. This was back in 2016 when bitcoin price will still below 1k USD. So if you have some excess coins laying around in wallet and want to take the risk and allow them to grow a bit while you take a time out from trading on them then it is a good option to go for.

Possible risks are (in general):
1. Site goes out of business one fine day.
2. Site turns scam. Again this is a general risk. Crypto games is a very trusted site, but I am speaking in general.
3. Site bankroll robbery/hack
4. The coin you invested is not immediately divestable without a early withdrawal penalty fee.

Does a high roller matter to the investors? Essentially No. Because the long term simulation of any EV- game is profit for the casino/investors and loss for the players. Since you are in it for the long term, you are essentially covered from long term losses. On short term you may see some losses in balance sheet, but keep patience and you will see figures go up.

Quote from: Pmalek on February 07, 2020, 08:52:43 AM

When I first saw the thread I though you were talking about investing in new gambling sites who are just starting out. I thought to myself how is that any different from ICO/IEO.
I am glad to see well renowned names on that list.

Just to make sure I understood the site properly. The first site that needs investments is bustadice. A total investment of 4,926 BTC is needed which can make the investors a profit of 1,278.7 BTC.
Did I interpret this properly?

That BR means it is just the bankroll amount. That is the money the site has which investors have invested to support the betting operation for site. On this investment, the profit made by investors since the beginning is 1278 BTC.
That is not the investment needed. That would be humungous. Though what i don't get is then why wouldn't more and more people be doing that? Like Ultra mentioned in comment above,a 50% return in a year is huge. (though not in 2016 surely ;)).

Quote from: swogerino on February 07, 2020, 10:18:30 AM

I think that it was worth in the past when the crypto casinos had their boom a few years ago.I think it still is but not in the same level as few years before.In the long run if you invest like 10 Btc in a highly reputable crypto casino probably you will be in profit.

There are some casinos nowadays, that are always have minor errors and it is not safe for the customer to use that. Even the famous casinos have that, for example is the FortuneJack, it has a variety of problem in terms of withdrawal so that people are having bad reviews and rating but hopefully the are working on it every time they see reports about it. So they still have those trust of the customers because of the immediate fixing of errors so the money of the customers are secured.

Quote from: swogerino on February 07, 2020, 10:18:30 AM

The profit will be slow but I think it will be a sure thing as big trusted casinos have a lot of users in their database who spend money there.

There is no easy money in this world, you really need to invest and take risk in order for you to earn profit. It is not easy but in the end, the results are very worth it. Legit casinos are good source of profit because if you really want to invest in gambling, they're always there.

Quote from: shoreno on February 07, 2020, 06:16:45 AM

Quote from: blckhawk on February 07, 2020, 06:07:30 AM

I might invest few of my funds, since the odds of the house winning on these online gambling casinos is greater than the actual gambler winning.

Quote from: blckhawk on February 07, 2020, 06:07:30 AM

Though before investing, always check the legitimacy of the site.

this is the most important part to consider before investing . there are old age sites out there that offers investment , like for example bitvest , cryptogames , ( to name a few )

I would say that not all gambling sites are earning a lot, just think of how many gambling sites are existing already and how many gambling sites are being created every month. It simply means that the competition is growing everyday which makes it somewhat hard to earn profit for the gambling sites and also, many players are into 'one' gambling site, the site in which they are playing most of the time. The competition also is giving promotions or discounts and not all gambling sites can afford giving that much just to make a gambler stay into their gambling site, which I think is the problem for gambling sites nowadays.

Quote from: Bitinity on February 07, 2020, 10:41:59 AM

I'm not a type of investor on a gambling site, but afaik it worth the risk since the house always win but it will take long time till you make a nice profit from the investment unless you put a huge amount of money. Anyway just a small correction, not all sites listed on dicesites.com accepts investment such as primedice and yolodice.

Not to mention that there are many shareholders to most of the gambling sites which makes the profit from investing, small, if the amount that you invest is not that much.

Quote from: vintages on February 07, 2020, 03:50:00 PM

Never tried it before, surprisingly this is the first time I am hearing about it. No that I don't know that it possible but I don't some casino are officially launching this type of service.
I will surely give this a try, hopefully to make some funds from it. Even, I think it's best than gambling. Since its a bit risk free. The only thing is that hope the site won't just fold up without prior notice. Investing in Bustadice will be great though.

Hmm this kind of service has been implemented since long time ago. You can invest your money in gambling site which offer this investment options (idk if bustadice still accept investment or not, i was remember we can invest in moneypot back then).
Personally, i ever put my investment on justdice and i got nice profit after 6 months since i keep it on justdice (used 10x kelly)

You can always check other people and how they have been doing thanks to their updates. One big example is ;
https://bitcoingamblingreviews.com/bitcoin-gambling-investments-712/

This person has been doing this experiment for a long time now and he shares his success or failures whenever anything happens, he notifies people monthly about how it is going which I know is not live so you can't check it constantly so having once per month may sound slow but you can check all the previous months as well and see that it is actually not horrible. They did invested into some and decided no longer to invest to others and so forth depending on how they perform but at the same time it is vital the reason is illogical causes and not just some whale winning since that is fine. So, you could definitely invest and make money this way, definitely outperforms the markets.

Quote from: xvids on February 07, 2020, 03:31:15 PM

I never tried but I am really interested to invest in a gambling site,
Specially those famous or well known gambling sites it would be great to be part of them and to earn from their platform.

Dividends from the house is less risk especially if you'll be investing to those known sites who offers this features. You can check the campaign
that I'm with right now, it's a while and the site still offering investment. With initial investment of .01 btc you'll be able to start your journey
into investing inside the house.

I might not take risks in investing in a gambling site more likely when a gambling website doesn't have a lot of users it could also shutdown like an exchange I think not recommended.
For me, I just put money or cryptocurrency in a gambling website for entertainment and profit, I think playing in a gambling website could also be a source of income for most of the people and at the same time your kinda investing in cryptocurrency or bitcoin too since you just put your bitcoin in a gambling website the only downside is the transaction fee, but still, you could recover it easily in gambling.

Quote from: Asuspawer09 on February 07, 2020, 04:52:45 PM

recover in gambling ? lol sorry but i find that funny when you said that. you can recover what you loose on trading/investing in a less riskier other than gambling because gambling is verry risky . people dont gamble to recover funds but they already lost while playing a gambling and then they find other less riskier ways to recover what they loss on gambling . gambling is risky but investing on a gambling site is less risky , you gotta need to find a more trusted site in regards to that matter .

Quote from: Blackdeath on February 07, 2020, 04:42:59 PM

In my own personal opinion, investing your money in gambling sites is more riskier than playing in a gambling site because if a gambling sites doesn't have a lot of players it will be impossible for them to gain money and there are a lot of existing gambling sites today, that is why a lot of gambling sites have their own strategy to gain players by just giving them bonuses and starting money when they signed up.

You cannot say it unless you tried it. There had been proof that investment in gambling casino gives a good profit. You only stated the worst-case scenario wherein every investment can possibly experience. I, myself are hesitant to try this gambling casino investment but the test study stated in this site https://bitcoingamblingreviews.com/bitcoin-gambling-investments-712/ is appealing, and I think here is their thread (https://bitcointalk.org/index.php?topic=1585408.0) in this forum regarding the said investment.

We can scatter our investment in different gambling casinos to minimize the risk of getting burned in one go. That is what I saw in that experiment.

Quote from: imstillthebest on February 07, 2020, 05:31:17 PM

Quote from: Asuspawer09 on February 07, 2020, 04:52:45 PM

This is all about investing into a gambling site's bankroll so it has nothing related to betting and gambling.

He is right too but when you choosing a gambling site for investment then it should be reputed and existing for years to make sure it has cappability of generating revenue from your capital.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going try investing on their bankroll? Please explain your answer :)

That idea is really nice - passive income in the making. One of the recommended passive earning method even back from the early days of crypto-gambling.

But come to think of it, why we can't see users here making a profit from investing in a gambling site's bankroll even the house always wins? What is probably the problem? If we calculate our possible earnings within a given period, the profit out from doing nothing is really awesome.

The bottom line, this kind of investment seems not profitable "in the long run".

I've tested some before on just-dice and Moneypot. Sits my funds there for years without any news and forget it. Because of this thread, I'm now trying to dig my account details on just-dice and just learned that they are still active. On Moneypot, I don't know what happened.

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Are you going try investing on their bankroll?

I don't think so, why?

The answer is rather simple because I haven't seen any success stories until today from other investors and such investments are known already for quite some time.

If this will be a successful investment, there will be some info shared on the internet, but all I can find are old threads, mostly abandon after some time.

It is enough to read comments in this thread to know that investing in a casino bankroll is very rare and I don't know personally any Bitcointalk member who actually made a significant profit on it.

Quote from: harizen on February 07, 2020, 06:48:31 PM

I've tested some before on just-dice and Moneypot. Sits my funds there for years without any news and forget it. Because of this thread, I'm now trying to dig my account details on just-dice and just learned that they are still active.

So how much did you earn from that long inactivity? Quite curious here and sharing your experience and result may encourage many of us to try and invest in a gambling site.

Quote from: harizen on February 07, 2020, 06:48:31 PM

On Moneypot, I don't know what happened.

I read that the Moneypot service where shutdown last Sept. 14, 2019 and they limit their operation to withdrawal announcing that users will have to make the request before the said shutdown date. So I guess your fund on Moneypot is already gone.

https://medium.com/monsterbyte/winding-down-moneypot-operations-d6a4febafbbc

I've been thinking about this for quite some time now. We all know that the house always wins in every gambling site out there (long term and must have a very dedicated team to put out the site's name out there). If I can't beat the house with my daily bets, why won't I just join them. And then, it hit me, why do I not invest my into them directly? The problem that I'm seeing is that they will require a lot of money (I mean a lot) for them to include my name in their stake/shareholders.

To answer your question, it really sure is, it's really worth it. But the main concern (atleast for me) is how do I enter those "circle of elites" to let them put my money on their bankroll and get a passive income from them? Will a thousand of dollars be enough?

Quote from: wwzsocki on February 07, 2020, 06:58:32 PM

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Are you going try investing on their bankroll?

There are actually Bitcointalk members that i know that had invested on site bankroll.Just like Lutpin on Crypto-games.net https://bitcointalk.org/index.php?topic=2445163.0

and you can see some trackings on here https://bitcointalk.org/index.php?topic=1796062.0. I wont say that it isnt really good to have this investment but this is much more
better rather than wasting up your money directly with gambling. ;D

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going try investing on their bankroll? Please explain your answer :)

No. There are lots of sites already with this feature but no one till now got success or make big profits out from investing in a site's bankroll.

This is not a sure win even a house always wins. There are whales at each site and there is always a possibility that someone will get big winnings. Because that is the common scenario at any site, instead of continuous profits by the investors, their balance is just playing and swinging in a specific range.

And this is not easy as others think. There is a big investment needed even just for 1% of the total bankroll. This can't be afford by a normal users.

Quote from: serjent05 on February 07, 2020, 06:59:56 PM

Quote from: harizen on February 07, 2020, 06:48:31 PM

So how much did you earn from that long inactivity? Quite curious here and sharing your experience and result may encourage many of us to try and invest in a gambling site.

I don't know honestly. Again, I'm trying to figure out my account details on just-dice. I think it was around 2015 or 2016 where I made investments there. That time, CLAMS is one of the popular altcoins and the said site is also one of the popular gambling sites back then. I just saw this thread that's why I remember some of my stuff.

But for your reference, I think I put a $400-$500 value of CLAMS there which mostly I got from trading and playing at the site and it doesn't really harm my own precious wallet (it was continuously funded making it around that price). And take note, that $400-$500 value of CLAMS just managed to just get around 0.001% or 0.0001% or something around that percentage of the total bankroll if I remembered it correctly. Just imagined what would be my profit even resting it for decades. We really need lots of money here to feel the profit in the long run but that would also increase the risks as your fund is not in your own possession.

Quote from: serjent05 on February 07, 2020, 06:59:56 PM

Quote from: harizen on February 07, 2020, 06:48:31 PM

So how much did you earn from that long inactivity? Quite curious here and sharing your experience and result may encourage many of us to try and invest in a gambling site.

Quote from: harizen on February 07, 2020, 06:48:31 PM

On Moneypot, I don't know what happened.

Yeah. I just do a bit of a search after my post and found that they are already out of service. I visited the site and it was now rebranded to another service.

I just put small money there so no worries at my part.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Your website is only listing dice sites! Why it doesn't talk about other platforms like Rocketpot for example? :-\
By the way, why there is always this 2% fee ??? Not 1,5%, not 2,5%, no... always 2%... Where does it come from please? ???

Quote from: Saint-loup on February 07, 2020, 11:02:40 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Not necessarily dice sites but online crypto casinos. Dice is just one of the most popular, if not the most, casino games. However, Rocketpot is not offering dice games if I'm not mistaken. It is offering a crash game. Nevertheless, it is still a crypto casino and it also offers bankroll investment opportunities to interested investors. I think only crypto casinos are offering bankroll investment opportunities. Sports betting platforms do not need bankroll investors because opposing bets are enough to pay for the winners. And gamblers are not playing against the house.

Please correct me if I'm wrong. I think you are referring to that dilution fee which is taken from a new investor and fairly divided among all earlier investors according to their stakes. You will also receive a portion of this fee if another investor comes after you. This is not always 2%. I think it varies from one casino to another.

Isn't investing in a bankroll the equivalent of gambling? Because if investors have to carry lose then most likely it's also a gamble. However, usually house always win more than glambers and that's how they continue their business. I have seen couple to casino who are giving opportunities to invest on bankroll and a return a percentage from their total house edge. I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

Maybe I do not have the concrete idea whether to consider good if we invest a portion of our salary or income to gambling sites. But considering the fact that we could win the same way as we play on these gambling sites using our cryptocurrency earned from crypto community, it is very much the same as the main factor to be affected greatly is the satisfaction to the game since the fund that we are about to enter comes directly from our hard work.

I might do it some time, but for now, I am already enjoying playing with not much fund with me, or through faucets in order to beta test gambling sites.

Quote from: wwzsocki on February 07, 2020, 06:58:32 PM

It is enough to read comments in this thread to know that investing in a casino bankroll is very rare and I don't know personally any Bitcointalk member who actually did it.

Considering the fact that this section is heavily spammed by many users, I still feel sad that you did not read my post in the first page of this thread.

I just explained about my experience there even though I never call any such option as success, it was worth it. In case you missed it read it here and I will forgive you :D - https://bitcointalk.org/index.php?topic=5223846.msg53788695#msg53788695

Quote from: Coolcryptovator on February 08, 2020, 05:50:12 AM

Isn't investing in a bankroll the equivalent of gambling? Because if investors have to carry lose then most likely it's also a gamble.

Yes but dont forget that being an investor is the opposite side of the table. You are the house now, or a part of the house.

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I have seen couple to casino who are giving opportunities to invest on bankroll and a return a percentage from their total house edge.

Actually they are very few. The casino also carries risk of the investors in case of bankruptcy. But again like I said in my previous post in this thread linked above, it is a long term investment if you want a decent ROI.

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I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

Wrong statement in the bolded part. If you are looking to make money from bankroll investing then you are not going to break even at short term or even long term. This is comparable to fixed deposit bank investment. It is a method to diversify your assets in different sectors one of them being bankroll of casinos. It should not be the only one if you are looking to make money, but a constant source of profit in a long term portfolio.

Quote from: amishmanish on February 07, 2020, 10:07:33 AM

Snip

OK, thanks for explaining it. In that case I assume if a person is interested in such an investment he would have to privately contact the site with an offer?!
The site that was mentioned in the OP doesn't highlight which gambling sites are currently in need of investments.

@TheUltraElite
When you made your investment back in 2016 how did you find out about it?
Did the site advertise they needed investments, where you referred by someone, did you come by it by accident...?

Quote from: shoreno on February 07, 2020, 06:16:45 AM

Quote from: blckhawk on February 07, 2020, 06:07:30 AM

I might invest few of my funds, since the odds of the house winning on these online gambling casinos is greater than the actual gambler winning.

He's considering the other possibility, and you should do that, although he had the guts to say it so. It is just a matter of lessening potential loss. Well, in your case, you must be unfortunate or you might be playing without having any prior plan just betting what you got till you run out of money, that's really bad, man. Besides, even if someone's loses a lot that doesn't mean the casino itself would gain bigger, there will be always someone lucky out there who will win the jackpot prize or the most closest to biggest prize. Imo, it would depend on how many players would bet their money in the line that few of it would be in the house itself.

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Quote from: blckhawk on February 07, 2020, 06:07:30 AM

Though before investing, always check the legitimacy of the site.

this is the most important part to consider before investing . there are old age sites out there that offers investment , like for example bitvest , cryptogames , ( to name a few )

Well, always been, even in real life scenarios, but the risk is always there even the popular sites sometimes turns to be the opposite of what we expect.

Quote from: Pmalek on February 08, 2020, 08:56:35 AM

In that case I assume if a person is interested in such an investment he would have to privately contact the site with an offer?!

No, you don't need to contact those sites privately as they have a dedicated page for bankroll investment. For example, bustadice https://bustadice.com/invest

Quote from: Pmalek on February 08, 2020, 08:56:35 AM

The site that was mentioned in the OP doesn't highlight which gambling sites are currently in need of investments.

It does. The third column ("Investing") tells you whether you can invest in their bankroll or not.

Quote from: chaser15 on February 07, 2020, 08:00:00 PM

No. There are lots of sites already with this feature but no one till now got success or make big profits out from investing in a site's bankroll.

Most of the sites that accept investments aren't making big profits but a few ones do. Again, look at the total profit history of bustadice. On this date last year their total profit was on BTC898 vs today BTC1276. That's roughly more than 35% return over a year, which is huge.

Quote from: Saint-loup on February 07, 2020, 11:02:40 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Have you really read the thread? or just spamming here for signature purposes? The website is not mine it's NLNico's website, and that's the only website that I see that talks about Gambling investment so I posted it here, hoping that I will get some opinion and knowledge at the same time with regards to the topic.

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By the way, why there is always this 2% fee ??? Not 1,5%, not 2,5%, no... always 2%... Where does it come from please? ???

It comes from my personal experience and as expected to someone like you, I know that you didn't read the whole thread so let me quote it for you

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2% of your total investment will be the fee (2% on the most of the gambling website that I see)

That is what I see, I created this thread using my own experience and I am not here to discuss the whole gambling investment platform, instead I make this to get more idea about it. I would really appreciate if you will give the solution or information of what this thread is lacking of, but instead. You just complain about what's here and you sounded like a shitposter that don't know how to read. Damn

AFAIR, I invested in dice bankroll in year 2017 and it wasn't as profitable as I was expecting.
Well, we know that when there is a house edge, casinos will win all the time but don't expect you'll get big profit with your small investment and that discourages me because I also witness that there are casinos that goes scam and take the of the investors. (there's a lot of them, we can do a research)

with that experience, I decided to divest my money and invest it in altcoins and bitcoin and I am lucky I do it on the right timing and indeed it's more profitable than investing in a casino's bankroll.

Quote from: Ziskinberg on February 08, 2020, 12:02:03 PM

Bankroll investment is something similar to traditional investment so you will get 5% returns per annum but in cryptos which can be generated even in a day so it all depends on what kind of returns we were expecting from our capital invested but one thing risk factor increases with the increased in returns.

Quote from: Coolcryptovator on February 08, 2020, 05:50:12 AM

If we go on with this idea, then we can possibly think that every investment regardless of its venture is a gamble. Like, if we invest in a fast-food chain, we ought to spend on labor, materials taxes, etc. And I think investing in a casino is not different. Bankroll getting bankrupt is the same as a food stall that does not have any customer. Or mishandled service of a crew or staff that resulted in damage to the client that the management needs to fix. Same loss in different situations. and also:

Quote from: semobo on February 08, 2020, 01:55:00 PM

This.

Quote from: Coolcryptovator on February 08, 2020, 05:50:12 AM

I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

I definitely agree, ( not on that your lazy part), and I think it is a wise move rather than our money sitting idle and giving us nothing

Quote from: Ziskinberg on February 08, 2020, 12:02:03 PM

Yeah, small investment means small returns/profit. Also, even if you make huge amount of investment, don't expect huge profits within few days. You "will" make profit, but that is going to be in the long run. Remember, in the long run, the house always wins (due to house edge), which means, you will also be making profit along with the casino.
Sorry to hear that you got scammed. Unfortunately, you invested on a casino that had no reputation at all. Make sure you invest on a casino that is well known in this community.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

I didn't try investing in any gambling sites so far because I think it is not good and you may lose you money on that, as what have said above, if the gambling site wins then you may win also. If it fails, you will also suffer, meaning to say, you are not sure that your money will increase on that investment site. Gambling site has no right effects for each of us. The excitement and enjoyment that you felt when gambling would disappear soon.

It is not a long time enjoyment because it will rely only on your luck. If this is not your day, then you will lose money. There are so many investment sites that are way better compared to the gambling site, and for sure, the money that you invested will increase someday. That's the essence of legitimate investment sites, like yobit.net, it is a trusted investment site for me, I've been using this for almost one month, and everything works so fine.

Quote from: Yatsan on February 08, 2020, 11:53:12 AM

...

Hey guy if you don't want to reply to questions don't open a thread or just ignore them.
I've been polite with you so if you're not able to reply you don't need to be rude and to insult me like that, you can just ignore me... except if you want to shitpost ::)
So I will ask my questions to other people who are reading the thread, you can ignore me and go away since you're useless and aggressive in addition.

So does anyone know why the (dis)investing fee rate is always the same : 2%? ??? Not 1,5%, not 2,5% or 3% but always 2%? ???
Is there a specific reason? A kind of common agreement between the platform or it's something else? TYVM

Quote from: stomachgrowls on February 07, 2020, 07:46:17 PM

Quote from: wwzsocki on February 07, 2020, 06:58:32 PM

... I don't know personally any Bitcointalk member who actually made a significant profit on it...

There are actually Bitcointalk members that I know that had invested on site bankroll. Just like Lutpin on Crypto-games.net...

I think I own both of you an explanation because clearly misunderstood my probably not a very well defined answer.

As I have said: "I don't know personally any Bitcointalk member..." and personally is the keyword here.

Quote from: TheUltraElite on February 08, 2020, 08:06:12 AM

...feel sad that you did not read my post in the first page of this thread...

Of course, I have read your post in this thread (TheUltraElite) and to be honest, I spend almost one hour on reding different threads about investing in casinos before I commented here.

I always read fully the thread in which I am answering, when it is not too long, of course, and if it is, then still, I try to read at least a couple of first and last pages, scrolling through the rest of the text in "quick view" mode ;), to know exactly what is going on and to be able to share a useful answer, which will hopefully add some quality to the discussion.

https://i.imgur.com/ChlzNef.png
https://i.imgur.com/tZPVtce.png

As you can see, I just shared my browser history from yesterday to prove my words and at 7.17 o'clock started to read this thread, one hour later almost at 8 o'clock, I have finally answered, after reading 11 threads about the "investing in casino bankroll" ;) and additionally a few others, not so good related to the discussion, but still interesting and worth attention, like for example:
Lost $350k / 54 BTC gambling, need help :( (https://bitcointalk.org/index.php?topic=5053100.0)

After reading so many threads, I haven't found any success stories, were somebody (even only because of luck) earned a lot of money when investing in bankrolls and that is why I answered like this.
I have told that I don't know any Bitcointalk members personally, but maybe it was a mistake that brings confusion and made my answer hard to understand correctly?

Quote from: iamsheikhadil on February 08, 2020, 04:29:09 PM

I havenot invested myself but I have seen some youtube videos and I am pretty much amazed by this opportunity actually. Investing in a casino house is even better than investing in any other companies or even equities or gold or crypto itself because, the house always, always in the long term, wins. Because of the house edge!

House always win, yes ., but before you can feel out the profits generated by these gambling house investment you would really need some big amounts for it to be felt.
If not, then you would earn pennies but if you do prefer on less risky then this is also a good choice and this cant be compared with equities or other traditional investments
on real life.Try to compare out their percentages here and on the outside, you can see the difference.Worth it for those people who dont matter much on big returns.

Quote from: Pmalek on February 08, 2020, 08:56:35 AM

When you made your investment back in 2016 how did you find out about it?
Did the site advertise they needed investments, where you referred by someone, did you come by it by accident...?

Another user on this forum had told me to visit the site and check out the less house edge compared to Primedice. So I did so and even though the site design seems much less attractive than PD, I was interested in the investment feature and used it than roll anything. I feel it is important for a bankroll investor to be a strict non gambler but should know clearly how the money is made and lost in gambling. Affiliate marketing and bankroll investment are the two important EV+ profit possibilities in a casino where other EV+ games not available.

Quote from: wwzsocki on February 08, 2020, 03:57:28 PM

-snip-

Its all good we are having a coffeeshop debate here after all, no hard feelings. ;D

In general view maybe yes since gambling sites are profitable and therefore you will also be profitable.
However, the question is, are you okay with a small percentage of profit you will make and are you willing to risk big money if you aim a higher profit?

The thing is, though in general they are profitable but it doesn't mean all gambling sites are profitable, and take not, not all gambling sites accept investments from outside, especially those sites that are already established like stake.com, sportbets, and nitrogen sports, even prime dice.

Yes I invested gambling sites and If I got only small profit you why? I invested small money.

Investing to their bankroll is good as long as your money is very high and also the gambling sites are legit because if the site is legit you lose money. I withdraw all my money to the bankroll because I already invested it to the altcoins and bitcoin because for me that is more worth it than investing to the gambling site to their bank roll but better if you have that two investment .

That is my experienced and my opinion and If you think Im wrong please correct me.

Quote from: bitcoin31 on February 07, 2020, 01:28:37 PM

I invested to the gambling sites before and I got a good profit but it is not a lot of money because my investment there is not big.
If you want a big profit you need to invest a lot of money too because the percentage that offer of the gambling sited is very big I think few bitcoins is enough to fullfill your profit you need so you can say investing in gambling is worth it.

Merely looking at the investment you did, you made a very short-term investment and shouldn't expect much gains from your investment. Even in trading, you will not have a profit you desire if you only invest little amount of money in the trade. Personally, I love going into a long-term investment because of the huge profit derive from it.

Quote from: bitcoin31 on February 07, 2020, 01:28:37 PM

That could be good if you invested in a successful casino or gambling site, because there are some sites that aren't sucessful due to some reasons that they are not competitive enough among its competitors, they are having small number of gamblers and clients. I think investing in a gambling site is quite good, especially if that casino is legal, have some unique feature than other gambling site, you need to take a risk, more than the risk you are taking when playing gambling, expect a high taxes too, if your country is also giving taxes even an online casinsos.

Quote from: alani123 on February 09, 2020, 04:16:18 PM

Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.

This is part of the risk even we do invest and believe too much on "house always win" , not all the time and as said which a certain whale on a particular day will easily sweep out big wins if lucky enough.
Of course it would really have negative effect into its investors and the fact these kind of situations are mostly hated by Casinos or gambling sites.Imagine on waiting up for an entire month for making profits
but ending up none because the house is negative? It would be much worth if we do find for other investment alternatives.I wont even recommend this one.

Quote from: Saint-loup on February 08, 2020, 03:25:37 PM

So does anyone know why the (dis)investing fee rate is always the same : 2%? ??? Not 1,5%, not 2,5% or 3% but always 2%? ???
Is there a specific reason? A kind of common agreement between the platform or it's something else? TYVM

The divest fee for gambling sites aren't always the same, I guess why the 2% was mentioned because the top site listed on dicesites like bustadice have a 2% fee.

On crypto games the divest fee is very low less than 1% and only lasts for 21 days after that you can pull your investment out without paying any fees (source (https://crypto-games.zendesk.com/hc/en-us/articles/203739482-How-do-Investments-work-)).

Quote from: milewilda on February 09, 2020, 05:17:31 PM

Quote from: alani123 on February 09, 2020, 04:16:18 PM

The house will always win in the long run because of HE, and this is proven mathematically. However, it doesn't mean that investors won't carry business risks just like what @TheUltraElite said, mainly about mismanagement and embezzlement.

If you really (repeat it 99x) trust the casino, then perhaps this kind of investment is for you.

Quote from: mersal on February 09, 2020, 07:27:44 PM

Yes it is worth,some gambling sites even can give profits nearly about 7-8% per year.

But if you are going to compare the returns with day trading activities then it looks trading is far better idea to invest cryptos but not everyone have time to trade with their funds so they choose something passive like gambling sites.

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

Quote from: alani123 on February 09, 2020, 04:16:18 PM

So long as the dice site has a sufficient number of players and good turnover, as well as robust maximum bet limits, the house should always win in the long-run, even if a whale gets a crazy lucky streak.

Quote from: Zicadis on February 09, 2020, 08:16:03 PM

Quote from: mersal on February 09, 2020, 07:27:44 PM

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

This just an approx value,there won't be fixed returns from the gambling bankroll investments,it all depends on the wagered amount.So higher the reputation of gambling site then more chances to get yield from investing there.

Quote from: iamsheikhadil on February 08, 2020, 04:29:09 PM

That's true but the risk doesn't lie in the profits of the casino itself but its legitimacy.

If a casino owner decides to bail or loses the money somehow, or goes bankrupt due to bad decissions, or get hacked, you'll lose everything. In the fiat world this is a good opportunity because fiat is easier to trace, but with cryptos it's still risky and the profits aren't very high.

Quote from: inthelongrun on February 09, 2020, 09:12:18 PM

Few years ago house investing on gambling sites are somewhat popular due to good profit. Now I seldom heard on people doing it. Most gambling sites aren't offering investors too. Some are still accepting investors but are lowering the investors share of profit. If I have ample of time to manage my funds then I will definitely do it. Even 5% income per annum is still good knowing that banks cannot offer that kind of interest.

I think this is because there are now a lot more alternatives that involve a lot less risk.

For example, there's a bunch of collateralized lending platforms out there now, most of which are well-reputed and offer more than 5% interest. Because of this, why invest in a bankroll that could get tanked by a whale, when there's safer and higher profit options now? Doesn't make sense.

I guess this is why so few casinos offer this option now.

Quote from: mersal on February 09, 2020, 08:54:24 PM

Quote from: Zicadis on February 09, 2020, 08:16:03 PM

Quote from: mersal on February 09, 2020, 07:27:44 PM

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

Yea that's correct, there is no fixed return in gambling. Whatever you gamble or.invest your money, it's still depends on some other factors. In investing, you can earn profit if there are lot of gambler lose their money on gambling sites (you are playing as the house), but if there are few gambler who won huge amount, then your investment will down since they are taking your investment as their profit

Quote from: bering on February 10, 2020, 02:44:16 AM

Investments like this are very popular several years ago even people says this could be good solution if people want to seeking passive income because monthly interest seems quite high but eventually people leave it because some of casinos which have this option has decide to closing their service because lost to compete with other casinos and can't pay profit sharing again but lately seems very rare to the casinos available for this options because i'm sure this not profitable for them

Though there's still gambling business who accept investment but the outcome is no longer the same from those previous years of this types of passive investment. Most of those investors are only getting break/even or some are losing value of their investment. And since it's taking time before you can calculate your profits sharing your money will be stuck from the casino bankroll. You need to wait for some time before you can really calculate whether you are in positive or negative position.

Quote from: inthelongrun on February 09, 2020, 09:12:18 PM

Yes maybe somehow casino owners do not want to have many stock holders, they just want a few people holding it, but if I will having some money then I will do it as well, I think it is a good investment but a risky one. Maybe some casinos do not want to share some profits to others as well we all know that casinos earn millions everyday, having a less people running it makes them very rich, but this is only my point of view as well.

Quote from: michellee on February 10, 2020, 10:30:42 AM

Maybe investing in gambling sites now still profitable, but I am not sure that many gambling sites still give this option to their members. We need to find out which gambling site that accepting the investment so we can make a profit although it is a small profit. No matter if the profit is small, that still a profit to us. But we cannot expect to make a big return no matter if bitcoin price increase higher because we use it to get small bitcoin by using the investment.

Yes, they will allowed us but, they will get the higher earning than us, since we are just making a partnership with them , not being a co-owner of it, we are just having a piece of them, not a part of them .

Quote from: MWesterweele on February 10, 2020, 03:25:33 PM

Quote from: michellee on February 10, 2020, 10:30:42 AM

That is another risk that we might get if we invest with them. We cannot get higher earning because they have their calculation on the investment return, so they still get higher earning than us. If we can accept any amount of profit, then we can try to invest with them. But remember that to earn from the investment, you need to have patient, and it still difficult to find a good gambling site for the investment.

Quote from: michellee on February 11, 2020, 07:33:49 AM

Quote from: MWesterweele on February 10, 2020, 03:25:33 PM

Quote from: michellee on February 10, 2020, 10:30:42 AM

Yes the earning is not good since we only get a little dividend from them but I think this is more decent rather than investing on ICO's but we should select on what we look for and first thing we need to look up is their transparency and reputation.

And expect they earn huge than us since first of all they are the owners and we are just riding on their platform to gain.

Quote from: AnatanVS on February 11, 2020, 11:53:09 AM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

The difference is, in a casino normally house always wins, sure there are downs time to time but in a long enough period if you invest into a good casino that means you will make a good amount of money in the long run. When you invest in anything else, you are uncertain about making good amount of money or not which causes you to not make that much profit, ICO is a good example of that. You may not make too much money, you may not make as much as the casino, but you do make money and that is very very important in this world where it is always dangerous to invest your money into anything.

It is almost like a treasury bond where you are destined to definitely make a profit even if it is a small number. Casino investment in short is profitable, very tiny but still profitable.

This seems like a good idea. But I would like to address questions regarding this. If the investment's chance of profit is according to the casino's wins and they will put your money on their company bankroll, how would know when you win? It seems like they can control/manipulate it by simply telling the investors that they win or lose. But it is their decision to do so. Of course, the sites will first tell you that you won for how many times and will put you at the state that you would reinvest all your earnings and previous investment once again. Then they will tell you that you lose. And that's it, probably you were fooled. Nevertheless, this is just a theory though there is a big possibility for it to happen, unlike the trustworthy one.

Quote from: AnatanVS on February 11, 2020, 11:53:09 AM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Definitely they are not ~~scam~~ same.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

Quote from: mersal on February 11, 2020, 05:09:32 PM

Quote from: AnatanVS on February 11, 2020, 11:53:09 AM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Definitely they are not scam.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

This investment form required a lots of time in order to gained continuous passive income. Trustable gambling site are mostly being enjoyed by investors and gamblers who participated from this kind of investment. If you are willing to take the risk better to sort those available gambling house who offer this chance of investment before placing your money.

Quote from: barbara44 on February 11, 2020, 02:48:37 PM

Quote from: AnatanVS on February 11, 2020, 11:53:09 AM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Among the ICO projects I have seen, and those who want to open their own casinos or betting on sports sites. And they have not always been able to make interesting projects and to make money for investors.
It is much safer to invest in a long-running casino, but what is already working projects investors' money?

Quote from: mersal on February 11, 2020, 05:09:32 PM

I don't think they're scammers. I'm sure there can be risk in any investment.

I have not invested in any such gambling sites that allow investments in house edge, but a few years ago 'not so old', we all had a testing person who had a thread in the gambling part of this forum where they used to give us tips on where to invest and what they have invested as well as the returns they were getting each month - for a period of 6 months. I didn't believe it to be a good idea on house edge's side either because we will not have complete transparency of how and when did our money got lost, if this information is not certain enough, please draw me to the correct information.

Quote from: 2double0 on February 11, 2020, 07:14:24 PM

What?

AFAIK most dice sites at least have complete transparency when it comes to profits and how they are made. Bankroll, leverage, and bet information is completely public and can be audited if anyone had the time, effort, and motivation to do so.

I'm pretty sure what you're referencing to is Lutpin's experiment. AFAIK the results from most people anecdotally is that an investment that is somewhat leveraged into an average dice site will yield around 20% APR or potentially even more. There isn't really a whole lot of downside either, so I fail to see the reason as to why anyone shouldn't invest.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.

Quote from: wxa7115 on February 11, 2020, 09:12:03 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

There have been instances of old and reputable gambling websites also running away with use funds. It's funny to consider how easy it is for someone to run away with another person's BTC... And yet people still invest in such ventures. The trust issue isn't going TK be solved so easily when it comes to investing in the house.

Quote from: arwin100 on February 11, 2020, 09:12:25 AM

Quote from: michellee on February 11, 2020, 07:33:49 AM

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

Quote from: michellee on February 12, 2020, 05:36:43 AM

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

i have not tried this investing in Gambling sites but i have heard some kind in the past though my knowledge are very limited so i don't have the faith to try.

ICO has been dying now and you cannot assure profiting so be ware.

Quote from: michellee on February 12, 2020, 05:36:43 AM

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

ICO offers ever since for people to invest and profit but the truth?only few had successful journey and majority are losers or in other words?Victimes of SCAMMING.

Quote from: michellee on February 12, 2020, 05:36:43 AM

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.
But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

Yes of course some of them are worth it to invest, just make sure you know it before you invest. And to make sureif your investment is in a good hand then have a research about the gamblimg site you want to invest. Just be careful of choosing a gambling site if you have guts then dont continue, sometime we should follow our instict because instinct alerted us to the danger and we know by instinct that something was wrong

Quote from: ReiMomo on February 12, 2020, 03:28:32 PM

I haven't tried making investments with gambling sites yet but I guess this is a good idea and I find it interesting. Most of the gambling sites have massive bankrolls and amazing algorithms! There is only the least chance of you to lose your investment with it. I will be checking the link once I get home and I will read it briefly. Thank you for sharing the link and the idea though!

May I know if you already profited from your investment with gambling sites already?

I've invested in the bankroll of several sites, and have never lost of my money over the long term.

Several times, I've gone into the negative after a whale gets a big win, but this has always evened out to be net positive in the end.

Overall, so long as the site you're bankrolling with is reputable, you are unlikely to lose.

Quote from: 3meek on February 13, 2020, 07:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... :D

We all know that gambling is one of the best sources and profitable in terms of having a good market profit. Some of the people make investment with the use of gambling websites because they always play to those platforms but one of the problem of this is being bankrupt of the websites we cannot avoid a website can lose their money because of many factors like renting of domain and losing to the people who have really good skills in gambling still it is profitable too if you make already investment on them because you do not need to pay all the time just to buy tokens and sometimes having a balance is less hassle to play and easier to h without interruption.

Quote from: Assface16678 on February 13, 2020, 08:50:59 AM

Quote from: 3meek on February 13, 2020, 07:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... :D

That's why we go on reputable sites who establish and have a bigger bankroll so whatever happens unto them we can safely say that we are in safe hands, we have several sites who establish well already which offer an investment option so better go with them and don't go with the new but don't expect to gain more money on this since this will be base on dividen and might we will lose or get a low percentage if theirs a player will hit a jackpot or many players will win.

Quote from: 3meek on February 13, 2020, 07:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... :D

That will be profitable if you can find recommended gambling sites that offer the member to hold their token/coin as the investment. But usually, the gambling site provides the investment in bitcoin, doge, litecoin, and ethereum so their member can choose one coin or all coin to invest. It is risky to invest in the token in the new gambling website because they do not yet have reputations among the other gambling site. So if you want to invest in the gambling site, make sure you invest in the recommended gambling website so you don't have to worry about the wrong thing that can happen later.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Gambling is a risk, we cannot change anything about that. Even though you are not the one who is actually playing, the risk is still high since the probability will always be 50% on winning and 50% on losing. We all know that the greater the risk, the greater the word but on the other hand, the loss is much higher. If you are brave enough and confident upon gambling, go ahead and take a risk regardless of you being the player or you being an investor on someone who's gambling. Just be ready for the consequences and always set up a back up plan if ever you'll lose.

Quote from: arwin100 on February 13, 2020, 09:24:48 AM

Quote from: Assface16678 on February 13, 2020, 08:50:59 AM

Quote from: 3meek on February 13, 2020, 07:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... :D

There are risks anywhere ... And gambling sites can be compared with exchanges ... The meaning is a bit similar ...
But I agree that you always need to choose reliable sites!

Quote from: 3meek on February 13, 2020, 10:04:07 AM

There are risks anywhere ... And gambling sites can be compared with exchanges ... The meaning is a bit similar ...
But I agree that you always need to choose reliable sites!

Of course there are risks anywhere, especially in the crypto world. The whole point of smart investing is managing your risks. While no one can't tell you how to manage your investment portfolio, investing in gambling sites is considered less risky because of the 'house always wins' principle. Of course, this does not apply to scam sites, so you should always do your own research before making any investment decision.
I don't see any similarities between gambling sites and exchanges unless you were thinking of the potential scam.

Quote from: Naida_BR on February 13, 2020, 05:10:38 PM

I have started investing with a gambling site and I think that it doesn't worth it.
I made my investment in September 2019 and my profit is so low that doesn't worth the time that I hold my money in the gambling site.
You should better do some trades during a week or less in order to get those profits.

That's the risk since it will take some time before you'll be able to gained little amount of passive income, the money that you use will be stuck from the casino bankroll and you need to wait for the time frame before the casino will give you your compensation. It's only good for people who have a lots of sources and it will just treat this as additional or extra passive profits.

I've decreased my investments in casinos over the years, but I still do keep a portion of the Bitcoin and alts I hold in casinos and the returns I've received from these investments over the years has actually been great all over the board, from the smaller casinos to the larger ones. I've even seen some of the sites I invested in offer leverage on your investment, which I've only used a few times at low leverage because the chance of a whale wiping out your investment is always present if you choose to use leverage.

The returns aren't anything insane most of the time, but it's certainly a valid investment even though there's additional risk that the site could just run with your money too.

Quote from: Naida_BR on February 13, 2020, 05:10:38 PM

Sept 19 until today only around 6 months,which only short time to decided it's worthy or not. I've invested my money for around 1 year and i got nice profit around 30% from my all investment.

Quote from: Wintersoldier on February 14, 2020, 02:09:03 PM

Investing in gambling site is also risky the same as investing in projects because you won't earn any huge profits if a gambling site don't have any huge numbers of players and they don't deposit any profit in the site, that is why it is much better if you just play in a gambling site.

In some point there's really risk when you invest your money, especially if you use crypto as the value is fluctuating then there's no assurance since
house is relying with players / gamblers to keep playing and losing their bankroll in order to be compensated. If you invest in the wrong timing you'll
the amount of your money.

Quote from: Wintersoldier on February 14, 2020, 02:09:03 PM

It will depend on what gambling sites, though I didn't invest yet and prefers only to play in gambling sites but if the gambling company is popular and have regular investors or players those who will risk in investing with them especially those who gives dividend can actually earn,just make sure to be updated whether the site is still active. Or if there are new sites or activities in other sites that may trigger the popularity

Quote from: janggernaut on February 14, 2020, 06:34:45 AM

Quote from: Naida_BR on February 13, 2020, 05:10:38 PM

Sept 19 until today only around 6 months,which only short time to decided it's worthy or not. I've invested my money for around 1 year and i got nice profit around 30% from my all investment.

30% for a year still a considerable amount but if youre a type of person which doesnt get contented into these numbers will surely jump in into other stuff.
What i like about gambling house investment is that you do earn together with the house which we know that it do always win but still the risk of negative is there and we should
prepare for that because not all months would be profitable or favorable on your side.

Quote from: Meowth05 on February 14, 2020, 03:03:48 PM

Investing in gambling sites could be quite good idea I think considering the fact that most of the time house is always win. However, this could be a little bit risky because once there's a player that got hit by his luck your investment will be over. And if you are going to invest in a gambling site, make sure that you will go for popular one because that will be give you a good profit.

It wont be over because all investors would suffer such loss or negative and you do still have chance for recovery on next month.

Quote from: janggernaut on February 14, 2020, 06:34:45 AM

Quote from: Naida_BR on February 13, 2020, 05:10:38 PM

Sept 19 until today only around 6 months,which only short time to decided it's worthy or not. I've invested my money for around 1 year and i got nice profit around 30% from my all investment.

This is really nice to see that people are having such huge profits from gambling. When you decide to invest in a gambling site you should make sure if the site is real or not then be good with your investment and stick with it. For new gamblers its not good to try new sites and try unknown sites for having profited from gambling. That'd why just keep spending your money in real sites it will increase your profit to double.

Quote from: stomachgrowls on February 14, 2020, 05:50:29 PM

Quote from: janggernaut on February 14, 2020, 06:34:45 AM

Quote from: Naida_BR on February 13, 2020, 05:10:38 PM

Sept 19 until today only around 6 months,which only short time to decided it's worthy or not. I've invested my money for around 1 year and i got nice profit around 30% from my all investment.

30% for a year still a considerable amount but if youre a type of person which doesnt get contented into these numbers will surely jump in into other stuff.
What i like about gambling house investment is that you do earn together with the house which we know that it do always win but still the risk of negative is there and we should
prepare for that because not all months would be profitable or favorable on your side.

Not all months would be profitable is indeed true,

That is why investment in a gambling house is being done in the long run. Months or a year is not enough to be satisfied for the return since not every month the house have the same income,

Quote from: stomachgrowls on February 14, 2020, 05:50:29 PM

Quote from: Meowth05 on February 14, 2020, 03:03:48 PM

It wont be over because all investors would suffer such loss or negative and you do still have chance for recovery on next month.

Yes, and the loss will be divided to each and every investors.

Every loss of the house will affect all of its investors, not because they have lost a lot, means that the invested money is already gone. This loss can still be regain for the next following months or so.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

Well the idea is good and I will surely try it as long as my investment is safe. What I am talking with safe, is that the house or the website owner will not run the investors money.

Because they can just easily say that the house was losing and the investment money were all lost. And in gambling, it's very rare for the house to loss badly as most of the gambling websites have a precautionary measures already to counter a big loss.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

That's interesting I haven't tried that but I don't like the part that my share of profit will comes from the win and there's also a chance that I will lose my investment also if they lose the game I could lose everything also here it's like I'm also in a gamble where my share of investment depends on some factor, I am more into investing on it if they guaranty an income.
Are you going to try investing on their bankroll? Please explain your answer :)

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

This looks interesting for big time gambler although there is still a risk because you will depend on the bankroll to make a profit, it's a good way to diversify your investment in the gambling sector, hope we see one guy investing on this kind of plan or scheme and share his experience if he made a profits or made a loses.

Quote from: Saisher on February 16, 2020, 05:24:53 AM

You misquoted your post, anyways casinos rarely lose and if they did it's only temporary since they can recover. From all of the casino that accepts investments there's probably only one or two that i've seen struggled to bring profit for their investors and it's because of bad management.

Quote from: fortunecrypto on February 16, 2020, 02:45:43 PM

There used to be one user here that shared his investment from different gambling sites. He reported his monthly profits and losses for a year at the end of his investments he end up making profits despite having losses from a few sites. I couldn't remember the link of the thread though.

Quote from: Zicadis on February 16, 2020, 10:06:04 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Very useful resource right there, though it isn't exactly clear how much players are profiting from their bankroll investments.

It could do with some updating, but I'll definitely look a bit further into investing thanks to this site.

+merit for you.

Based on the link, some of the sites does not offer an investment opportunity and these are big sites IMO.
Anyway, I hope someone would be able to make a thread for his experiment investing in dice bankroll so we will see if it's still profitable until now.

Quote from: Zicadis on February 16, 2020, 10:06:04 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Thank you I really appreciate it, I don't know that many people here are not aware that there are gambling website's that is actually opening an investment platform on their site.

Quote from: freedomgo on February 16, 2020, 10:28:35 PM

Quote from: Zicadis on February 16, 2020, 10:06:04 PM

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

I'm going to try it next month and make a thread about it, I am going to update it every month and then, or every week if there's a big change on the profit itself :)

Quote from: Ailurophile on February 16, 2020, 03:43:23 AM

If you would gain profit from it then it is worth it,
No matter how small it is a profit is a profit.
It wouldn't be worth it if you could earn more in some other way and in much secure way.

The very first thing that comes to the mind is that how secure it is or is it really trustworthy then one can definitely think about investing in it. Start with the limited capital so that you can be rest assured that you get your returns on time and it is worth investing in it and do invest in the well-known sites which does not run away taking your money in long term.

Quote from: Yatsan on February 07, 2020, 05:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer :)

This is something and I am not aware that there are sites that offer this kind of investment, the possibility to make a profit and loss a profit are all there so there is also some risk involved and only whales can manage the risk of investing in this kind of plan, we'll see if whales in the gambling industry will take the bite.

Like gamblers are having provably fair mechanism, is there any system available for investors for crosschecking the profit-loss levels of a casino. If anything available like that then I believe gambling sites' investment will be definitely worth it. Otherwise investors must need to accept whatever the gambling house owner are allocating to their investors.

Theoretically gambling houses are making more money compared to gamblers; it means the chances for investors to earn big for their capital invested with those gambling houses is more but I'm not sure how much investors are making in ROI calculations because I have never tried investing into any gambling sites. Read somewhere that one of the prominent crypto house (I do not want to unveil their name here) pays like less than 5% returns annually.

Quote from: bitgolden on February 17, 2020, 03:44:26 PM

Hi! Normally those site's that is listed in the website that I provide is something like this:

When you invest a 1BTC you will have a percentage in the bankroll, If there's a total of 1BTC at site's bankroll and you invested a 1BTC you will own the 50% of the site's profit same as if the site is losing you will also get a 50% share there.

So basically, calculating your ROI is impossible when you are going to invest here in any gambling platform.

Quote from: ice18 on February 17, 2020, 02:16:23 PM

Its really worth investing if the site is as trusted as some of website I know like this one https://freebitco.in/# they can pay you interest everyday and the very good thing is there is no lock-in period which means if you decided to withdraw it anytime you can.

Freebitco.in is the recommended gambling site to invest. We can send some amount of bitcoin and get a return based on their calculation, but we cannot expect to make a big return from the investment. Maybe you need to be patient to see your investment will grow bigger, but I don't think that it will happen in a short time. But at least, you can get a free return from the recommended gambling site plus you can use some money to buy the lottery to win another prize.

Quote from: ethereumhunter on February 20, 2020, 09:57:13 AM

Quote from: ice18 on February 17, 2020, 02:16:23 PM

The freebitco.in investment program seems totally unprofitable to me. It gives you 4.08% annual interest on your balance, compounded daily. This is almost comparable to the interest on savings from your bank or other financial institutions in fiat currency. Since the latter is a risk free investment, I don't see the point of investing in freebitco.in service.

Quote from: Astvile on February 20, 2020, 11:24:18 AM

I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.

Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first.

Quote from: Best Dreams on February 21, 2020, 09:11:33 PM

Quote from: Astvile on February 20, 2020, 11:24:18 AM

Crypto-games.net and YOLOdice had good investment programs with solid ROI and also reputable sites. Too bad YOLO closed that option now.
What about Crypto-games.net? Is their investment program still active? Does anyone know what the average income is?

Quote from: FatFork on February 23, 2020, 10:12:16 AM

Quote from: Best Dreams on February 21, 2020, 09:11:33 PM

Quote from: Astvile on February 20, 2020, 11:24:18 AM

Crypto-games.net still have that option and I think it's still profitable for now, and with regards to average income, I think no one can answer that for now, but as you can see at https://dicesites.com/ the investors are having a profit and have a 185.5% of profit for BTC. So if you are plaaning to invest, invest now! and share your story here :)

Quote from: Best Dreams on February 21, 2020, 09:11:33 PM

Quote from: Astvile on February 20, 2020, 11:24:18 AM

Astville said that, he invested at crypto-games, and that's a 100% legit website so I think there's no need to worry ;)

You can get a gaming license pretty damn easy by registering in some foreign country in the Caribbean Islands and from that point just accept Bitcoin deposits while using 3rd party providers for live table games or slot machines. If you want to even go simpler than that you could just do dice games which can be created by any developer relatively easy or bought from a script. The only major obstacles are bankrolls and market share. You probably could convince a investor to spot the bankroll but trying to gain a reputation and eat into the market share when there's a million different bitcoin casinos is tough.

Quote from: Gyfts on March 29, 2020, 08:20:19 AM

The only major obstacles are bankrolls and market share. You probably could convince a investor to spot the bankroll but trying to gain a reputation and eat into the market share when there's a million different bitcoin casinos is tough.

This is correct, it's hard to gain the trust of the players if the competition in the crypto market is very tight now.
We are not anymore in the early stage, the number of casinos have significantly increased already and they are improving, and some of the gambling sites now are also adding a sports book on their platform, our best chance now for average capitalist is just to invest in a casino's bankroll but it will really take time to be profitable and it's also risky doing that.

Quote from: Cratoon on March 30, 2020, 10:11:56 AM

Personally I'm prune to believe that gambling websites that take investments are a scam in many cases.
Of course, there should be some reputable projects that practice this scheme, but you have to be careful where you put your money.

Mostly but not all since there is a gambling site here who offer that schemes abd yet they deliver good with no issue come to their investors end, but don't expect to much since the one I know reputable is not accepting anymore and maybe its good to research first before doing this thing since we need to be careful on our money.

Quote from: Sadlife on March 30, 2020, 10:42:09 AM

Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money.

To my knowledge, it depends on the performance of the site, it could be higher or it could be lower.
Where did you reach such information by the way? I like to verify if the statement is correct because I don't agree with it.

Quote

And besides i dont think i can keep my investment in a gambling sites cause i know if i lose funds and gonna use it afterwards.

Well, you need to be discipline when it comes to investment, funds you are going to gamble and to invest should be separated.

If you are not playing games in gambling site, would it be the same to consider that you are gambling when you are investing in a gambling site at all? Well, I like your idea, for me, there is still a risk even though gambling site provides good chance of profit, from the start, it is still an investment to consider. You need to find the best ITs, Developers, marketers, and team to create a site that will attract and compete with most of the gambling sites of today.

I can say, right from the start, you might experience a hard time, but if you establish the site correctly, and use this platform (bitcointalk) for advertisement, it is a guarantee, you will earn good profits.

Well, for normal players, it is hard to engage in investment in gambling site. One reason is their lack of resources where to find starting gambling sites that offer investment. Second is the lack of funds available. I'm pretty sure, gambling sites makes allot of money, so we need to invest allot as well.

Quote from: Sadlife on March 30, 2020, 10:42:09 AM

Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money.
And besides i dont think i can keep my investment in a gambling sites cause i know if i lose funds and gonna use it afterwards.

A small percentage of profit is quite logical - at high interest rates you can borrow money in other places. Balance of interests of the lender and the borrower is observed here. I had no experience with such an investment, but I would be most suspicious of sites that offer huge interest rates.

Quote from: Kurokonobasuke on March 29, 2020, 08:06:38 AM

I didn’t experience to invest in gambling sites but my friend is already experienced that kind of investment to earn profit. He only use a 5-10% of his total assets as his investment, he said that it was very dangerous to invest more in gambling sites because when the companies invested are lose in market the stock price are also lose. That’s why I prefer to play in gambling sites instead of investing in gambling sites.

i will not risk my Money in gambling site because instead of doing this then why not just Invest in Bitcoin so it will be a surely passive income since we will only invest small part of our money and those amount that we can afford to lose.
this is the best way to Invest in crypto or either just Gamble the Money than putting in their site because both also needs Luck to profit.

What are you allowing with your money is a lot tougher than just asking for money. If you are bankrolling the casino so that they can offer bigger max amounts that is a lot more important, but if you are asking basically for partnership and spending that money on everything from bankroll to staff to marketing and other stuff I am out, I won't invest to it.

You may think that is less around but with dapps and other stuff there is really a lot of people who are actually doing something like that, they care their own coin or token and what not and they tell people to invest into it and with the coins they sell, they are basically making you part owner of the casino but also spending that money on whatever they want. That is not something I am quite happy to invest into.

Quote from: TheGreatPython on March 30, 2020, 07:44:27 PM

It depends because some casino do show off transparency when it comes to house profits.You can calculate on how much had been generated with site stats.
When it comes to expenses like staffs maintenance etc. then its on house responsibility and come to think that bankroll investment is different from company share or something like that.
Lets talk about bankroll investment then i would say that if investors doesnt mind too much in terms of how small your gain is then this would be also a considerable choice
but if you do expect for something big then this wont fit out on the list.

Quote from: peter0425 on March 30, 2020, 11:34:06 AM

These are different types of investments and you should not oppose them.
If investing in a casino makes a profit, then this is an additional income, provided that the price of bitcoin rises. If the price of bitcoin falls, then this is a pleasant compensation for the fall in price. As elsewhere, this is an additional risk and an additional opportunity to earn.

Quote from: Ziskinberg on March 30, 2020, 11:03:35 AM

Quote from: Sadlife on March 30, 2020, 10:42:09 AM

Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money.

I was under the same impression, at least when this form of investment was more popular the profits you could get were variable, if the site did great then you will get more profits and if the site got some losses then you will lose part of your money as well, however if you are a good investor or trader it is simply not worth to invest in those sites, not only because the profits are inferior to whatever you could get by using your skills as a trader but also because you have to trust the casino is going to give you your coins back and that is difficult to do in this market where we have so many scams.

Quote from: chaser15 on March 31, 2020, 12:21:05 AM

The majority of all-known gambling sites that offering bankroll management are now halted their service about that.

It means that this kind of method is not actually profitable from both owners and gamblers.

So for those who want this kind of passive income, not a good idea unless you want few bucks earnings within a long period.

But it works for a long time ago. Maybe the situations are changed, so the owners think that it is better to stop the investment programs in their site so they can review or search the other method to gain the profit for both owners and gamblers. Maybe he can try with the other way to invest, and I think staking a coin will be a new solution for people who want to use the investment thing in the crypto world.

Quote from: chaser15 on March 31, 2020, 12:21:05 AM

I think this is due to the crisis - earnings are falling absolutely everywhere and casinos are trying to cut costs. Previously, it was a mutually beneficial business and I think that after the end of the crisis all these programs will be restored. And I did not hear that somewhere the investments were not returned to the investor, which means that these programs were honest cooperation.

Quote from: chaser15 on March 31, 2020, 12:21:05 AM

Well if it's payment are also in crypto and not in Fiat then it is better than just holding our crypto and waiting for the price to go up once again.
I think it is only a good choice for the long term holders and those who doesn't have any plans on their crypto.

Quote from: bitcoin-shark on April 02, 2020, 07:00:31 PM

perhaps it is the most advantageous, profitable form of investment to invest in a gambling site but obviously you must first do your research such as the reliability of the site and how long it has been on the market...

Hard thing to be done when you do rely on this kind of matter.Why? you wont able to get in on a particular established or known gambling site for investment yet if they do able to reach a certain point
that they do already accumulated right amount of users then most likely they would surely close their doors for said investment and only a few would really have that kind of opportunity for big sites to open investment publicly.Most of the time we do see this need of investors when they are just starting on thats why its really hard for you to make a decision since we cant still be sure if this new site
would succeed or not.

Quote from: michellee on March 31, 2020, 08:31:56 AM

Most likely what happened was that at the time casinos needed to get a bigger bankroll because as we know that is really important if you want to accept higher bets from gamblers and they were willing to accept to share part of their profits as long as they could raise their bankroll, however as time passed and they obtained profits and their bankroll increased they found unnecessary to share their profits anymore and they suspended their program or at least they stopped accepting new people in it.

Every investment is worth it as long as that you are investing in a good business, regardless of what kind of business that is. Although I haven't tried being an investor on a gambling site, I think it's profitable enough. Many gamblers are into online gambling, you only need to find a good gambling site where you will invest, to make sure that you will earn profit from it. As long as there are users that are playing on your site, you can ensure that you will gain profit.

If I were to try it, why not? This kind of business is starting to gain attention for gamblers. We just need to find a promising business in investing in a gambling site so that we can gain income

Quote from: jademaxsuy on April 05, 2020, 06:48:10 AM

I'm either interested and not at the same time. If ever I invested in gambling site I would choose the long term. Although I did try staking on a gambling site and I did earn small profit since I only staked small amount just to try if I can earn decent profit. I may try to invest in gambling site but don't know when.

yes, some wesites likfe freebtc and others offer these earnings and this style of investment

any idea of what was the APR on the website you invested?

even if it's small amount the APR would be the same regardless of the main deposit size so it could be worth to check

Bitcoin Forum

Economy => Gambling discussion => Topic started by: Yatsan on February 07, 2020, 05:17:20 AM