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Title: Which betting site is good for investing? Post by: alex21btc on June 25, 2014, 09:20:44 PM I want invest on betting site. What is your recommendation?
Just-dice is dead... Title: Re: Which betting site is good for investing? Post by: onlyu on June 26, 2014, 04:30:11 AM Check out the security forum. Watch out for scam.
Title: Re: Which betting site is good for investing? Post by: Bizmark13 on June 26, 2014, 05:14:27 AM I thought Just-Dice was the only one?
Title: Re: Which betting site is good for investing? Post by: zimmah on June 26, 2014, 10:30:31 AM I want invest on betting site. What is your recommendation? Just-dice is dead... Find a website where there are many gamblers but not too many investors. If tehre are very many investors compared to gamblers the profit will be low. There are at least 4 websites other than just dice where you can invest in. Satoshicarnaval [link] (https://satoshicarnival.co?ref=a49904823fbb1f22c2f27b569280edc8) [thread] (https://bitcointalk.org/index.php?topic=619499.0) (Very new website, only 2 weeks old, looks very promising to me, low house edge of 0.48% so good for gamblers) PRCdice / pocket rocket casino [link] (https://pocketrocketscasino.eu/?af=zimmah) [thread] (https://bitcointalk.org/index.php?topic=663326.0) (A dice site as well as a casino with poker and blackjack) Dicenow [link] (https://dicenow.com) [thread] (https://bitcointalk.org/index.php?topic=314252.0)(Biggest of these websites by far) Everydice [link] (https://everydice.com/) [thread] (https://bitcointalk.org/index.php?topic=476334.0) (Just listed this for completion) Title: Re: Which betting site is good for investing? Post by: ajareselde on June 26, 2014, 12:16:28 PM I want invest on betting site. What is your recommendation? Just-dice is dead... you can check the one in my sig, it is similar if not better. but gambling is a tricky business, dont you think its better to invest/trade ?! good luck whatever you choose. cheers Title: Re: Which betting site is good for investing? Post by: zimmah on June 26, 2014, 12:19:14 PM I want invest on betting site. What is your recommendation? Just-dice is dead... you can check the one in my sig, it is similar if not better. but gambling is a tricky business, dont you think its better to invest/trade ?! good luck whatever you choose. cheers read his comment again, he wants to invest in a gambling site, he does not want to gamble. Those are two completely different things. Most gambling sites do not allow to invest, Primedice does not. Title: Re: Which betting site is good for investing? Post by: MilesJohan on June 26, 2014, 01:36:40 PM I want invest on betting site. What is your recommendation? Just-dice is dead... None, mostly scam and targeted by hacker. Title: Re: Which betting site is good for investing? Post by: KimNam on June 26, 2014, 01:50:12 PM I want invest on betting site. What is your recommendation? Just-dice is dead... Find a website where there are many gamblers but not too many investors. If tehre are very many investors compared to gamblers the profit will be low. There are at least 4 websites other than just dice where you can invest in. Satoshicarnaval [link] (https://satoshicarnival.co?ref=a49904823fbb1f22c2f27b569280edc8) [thread] (https://bitcointalk.org/index.php?topic=619499.0) (Very new website, only 2 weeks old, looks very promising to me, low house edge of 0.48% so good for gamblers) PRCdice / pocket rocket casino [link] (https://pocketrocketscasino.eu/?af=zimmah) [thread] (https://bitcointalk.org/index.php?topic=663326.0) (A dice site as well as a casino with poker and blackjack) Dicenow [link] (https://dicenow.com) [thread] (https://bitcointalk.org/index.php?topic=314252.0)(Biggest of these websites by far) Everydice [link] (https://everydice.com/) [thread] (https://bitcointalk.org/index.php?topic=476334.0) (Just listed this for completion) satoshicarnival seems interesting place to invest, new casino (around 1 month already) and 0.48% house edge will attract many players because that edge will good for them but does 0.48% houdse edge means higher chance for casino/house to loose? and if they loose, we'll see lesser profit from our investment? Title: Re: Which betting site is good for investing? Post by: dkblueman on June 26, 2014, 02:02:45 PM I am not sure how much different investing in a gambling site is from gambling itself. Can you really know enough information to make a good decision?
Title: Re: Which betting site is good for investing? Post by: CodyAlfaridzi on June 26, 2014, 02:07:34 PM thanks for listing it satoshicarnival seems interesting place to invest, new casino (around 1 month already) and 0.48% house edge will attract many players because that edge will good for them but does 0.48% houdse edge means higher chance for casino/house to loose? and if they loose, we'll see lesser profit from our investment? Hmm yes, higher house edge means higher chances of house to win. Yes, if a player win, house lose, then the investment will negative too. Investor might suffer loses for invest in betting site in the short term, but in the long term they'll likely to make profit due to the existence of house edge. And IMO, 0.48% is considered low for house edge :D I am not sure how much different investing in a gambling site is from gambling itself. Can you really know enough information to make a good decision? It is very different. There are two sides on a gambling games, the player and the house(the site) When the player wins, then the house lose. And when the player lose, then the house win. When you gamble on a gambling games, then you become the player. And when you invest, you're on the side of the house. You share profit and also losses from the gambling site. Title: Re: Which betting site is good for investing? Post by: KimNam on June 26, 2014, 02:17:21 PM I am not sure how much different investing in a gambling site is from gambling itself. Can you really know enough information to make a good decision? gambling : you can win but you can loose too, it's depending from your skill and luck in gamblinginvesting in gambling : you'll get divident from your initial investment in gambling site, since gambling site has house edge, it will make sure they make profit in long time. but in rare occasion, they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times Title: Re: Which betting site is good for investing? Post by: CodyAlfaridzi on June 26, 2014, 02:32:38 PM they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times What? Did justdice bankrupt? I thought they suspend temporarily the site because of the Canadian law. I guess I should take a few seconds out from trying to get the withdrawals working as smoothly as possible to confirm that we are suspending betting and deposits until it becomes clearer what the new Canadian law means for us. Or is it another story? Title: Re: Which betting site is good for investing? Post by: KimNam on June 26, 2014, 02:38:59 PM Hmm yes, higher house edge means higher chances of house to win. sorry i didn't see your post earlier ;DYes, if a player win, house lose, then the investment will negative too. Investor might suffer loses for invest in betting site in the short term, but in the long term they'll likely to make profit due to the existence of house edge. And IMO, 0.48% is considered low for house edge :D yeah your comment is right, low house edge will attract new gamblers to play in that gambling site and (may) make us suffer losses for our investment there.so is that prospect to invest there, with so low house edge? What? Did justdice bankrupt? I thought they suspend temporarily the site because of the Canadian law. no, it's not bankrupt in real terms (in law)I guess I should take a few seconds out from trying to get the withdrawals working as smoothly as possible to confirm that we are suspending betting and deposits until it becomes clearer what the new Canadian law means for us. Or is it another story? i mean "bankrupt" in the games, players beat them and make them can't operate anymore because low capital to pay the winners ;D Title: Re: Which betting site is good for investing? Post by: gondel on June 26, 2014, 02:54:34 PM Hi,
Try the one I have in my signature : Primedice I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work :) Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck! BR Gondel Title: Re: Which betting site is good for investing? Post by: polynesia on June 26, 2014, 02:59:49 PM investing in gambling : you'll get divident from your initial investment in gambling site, since gambling site has house edge, it will make sure they make profit in long time. but in rare occasion, they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times The more important risk to worry about is the trustworthiness of the person running the gambling site. You do not want him disappearing with your money. :) Title: Re: Which betting site is good for investing? Post by: KimNam on June 26, 2014, 03:04:22 PM Hi, no, stunna don't allow you to invest in his gambling siteTry the one I have in my signature : Primedice I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work :) Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck! BR Gondel OP need a place to invest, not gambling The more important risk to worry about is the trustworthiness of the person running the gambling site. You do not want him disappearing with your money. :) yeah that's main problem for choose best place to invest ;Dthat's why we must learn about that gambling site and who are behind them Title: Re: Which betting site is good for investing? Post by: Velkro on June 26, 2014, 03:18:34 PM Invest? ;) Look for better opportunites than gambling
Title: Re: Which betting site is good for investing? Post by: alex21btc on June 26, 2014, 04:29:02 PM What you think about:
CoinGG (http://coingg.com/) and Ice-Dice (http://ice-dice.com) for investing? Dicenow ask min 0.1 BTC! Title: Re: Which betting site is good for investing? Post by: KimNam on June 26, 2014, 04:45:01 PM Invest? ;) Look for better opportunites than gambling yes, if you are not good gambler :Pif you are lucky man and good gambler, gambling is better option What you think about: any ANN thread about that casino?CoinGG (http://coingg.com/) and Ice-Dice (http://ice-dice.com) for investing? Dicenow ask min 0.1 BTC! i want to see that Title: Re: Which betting site is good for investing? Post by: Minnlo on June 26, 2014, 04:45:26 PM I thought Just-Dice was the only one? Definitely not. There are a lot more other sites, such as PRCDice, DiceNow, Everydice (the site is gone already), etc. The case of ED illustrates the risk perfectly. :P Title: Re: Which betting site is good for investing? Post by: Minnlo on June 26, 2014, 04:48:34 PM Invest? ;) Look for better opportunites than gambling yes, if you are not good gambler :Pif you are lucky man and good gambler, gambling is better option What you think about: any ANN thread about that casino?CoinGG (http://coingg.com/) and Ice-Dice (http://ice-dice.com) for investing? Dicenow ask min 0.1 BTC! i want to see that Google search is usually helpful in this situation. Coingg: https://bitcointalk.org/index.php?topic=602261.0 Ice-dice: https://bitcointalk.org/index.php?topic=299184.0 (OLD) and https://bitcointalk.org/index.php?topic=334083.0 (No update for 6 months) DiceNow: https://bitcointalk.org/index.php?topic=314252.0 Title: Re: Which betting site is good for investing? Post by: zimmah on June 26, 2014, 05:17:56 PM I want invest on betting site. What is your recommendation? Just-dice is dead... Find a website where there are many gamblers but not too many investors. If tehre are very many investors compared to gamblers the profit will be low. There are at least 4 websites other than just dice where you can invest in. Satoshicarnaval [link] (https://satoshicarnival.co?ref=a49904823fbb1f22c2f27b569280edc8) [thread] (https://bitcointalk.org/index.php?topic=619499.0) (Very new website, only 2 weeks old, looks very promising to me, low house edge of 0.48% so good for gamblers) PRCdice / pocket rocket casino [link] (https://pocketrocketscasino.eu/?af=zimmah) [thread] (https://bitcointalk.org/index.php?topic=663326.0) (A dice site as well as a casino with poker and blackjack) Dicenow [link] (https://dicenow.com) [thread] (https://bitcointalk.org/index.php?topic=314252.0)(Biggest of these websites by far) Everydice [link] (https://everydice.com/) [thread] (https://bitcointalk.org/index.php?topic=476334.0) (Just listed this for completion) satoshicarnival seems interesting place to invest, new casino (around 1 month already) and 0.48% house edge will attract many players because that edge will good for them but does 0.48% houdse edge means higher chance for casino/house to loose? and if they loose, we'll see lesser profit from our investment? the house edge is actually from 0.48% to 2.3% it depends on which planet you bet on. They have a visual dice game where you select one of the planets or the moon or a star system. Every space object has different rules and house edge. Code: moon = 0.48% house edge, 49% chance of hitting and 2.031x multiplier. max profit is 0.12% of house bankroll (1/4 kelly). Minimum bet is 1000 satoshi as you can see the higher the risk for the bankroll, the higher the house edge. Therefore even if someone gets a lucky streak, it will not be a big risk to the bank. In case the bank has a streak of bad luck you will lose a percentage of your investment indeed. But the system is set up to be fun for gamblers and reasonably safe and profitable for investors. It's one of the best concepts i have ever seen to be honest. Title: Re: Which betting site is good for investing? Post by: alex21btc on June 26, 2014, 08:40:22 PM Ok, I will try CoinGG and Satoshicarnaval.
I will try with min deposit. If I earn something later, I can try Dicenow. Title: Re: Which betting site is good for investing? Post by: Taxidermista on June 26, 2014, 08:49:15 PM no, it's not bankrupt in real terms (in law) i mean "bankrupt" in the games, players beat them and make them can't operate anymore because low capital to pay the winners ;D What the fuck are you talking about?? Do some research before spreading bullshit like that you fucking moron. Title: Re: Which betting site is good for investing? Post by: galbros on June 26, 2014, 11:07:14 PM The loss of Just Dice is a real blow.
I have seen that dicenow.com has an invest option, and takes litecoin as well, but I'm not sure it has that many players as it has little action nor how well it pays out. Too bad that stunna of primedice refuses to allow investing. There is some investment over at peerbet, but I did not really understand it as it seemed to be for some games but not all. They do offer a lot of other coins. Good Luck! Title: Re: Which betting site is good for investing? Post by: Bizmark13 on June 26, 2014, 11:30:43 PM they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times What? Did justdice bankrupt? I thought they suspend temporarily the site because of the Canadian law. I guess I should take a few seconds out from trying to get the withdrawals working as smoothly as possible to confirm that we are suspending betting and deposits until it becomes clearer what the new Canadian law means for us. Or is it another story? He's probably thinking of the nakowa incident: http://www.reddit.com/r/Bitcoin/comments/1mwd98/a_whale_has_pushed_justdicecom_into_negative/ (http://www.reddit.com/r/Bitcoin/comments/1mwd98/a_whale_has_pushed_justdicecom_into_negative/) Basically a whale came in and had a big winning streak. This ended up wiping out a big chunk of the site's bankroll (investors' funds) and making the site unprofitable for those who had invested. Hi, Try the one I have in my signature : Primedice I have been playing in this site since the very beginning when it opened and I had a lot of fun at my work :) Of course at the end I end up loosing everything, but this is the live of a gambling man. The sure thing is that the site is very stable and I would invest in it if i had money for this. Good luck! BR Gondel Primedice only lets you gamble, not invest in the bankroll. Title: Re: Which betting site is good for investing? Post by: Ron~Popeil on June 26, 2014, 11:31:53 PM Just dice was a great site. I don't know enough about the ownership of the other sites to feel comfortable investing. Dooglus may be one of the most trusted people in bit coin. He proved that once again with the way he wound down the site and advised investors to get out.
Title: Re: Which betting site is good for investing? Post by: alex21btc on June 27, 2014, 03:59:02 PM CoinGG is not in first 200 gambling sites on http://cryptobettingindex.com/
Maybe doesnt look smart to investi on it.. Title: Re: Which betting site is good for investing? Post by: Tammy Chan on June 27, 2014, 04:07:03 PM CoinGG is not in first 200 gambling sites on http://cryptobettingindex.com/ Not surprised at all, as it is new and launched in May 2014. Title: Re: Which betting site is good for investing? Post by: Nathan101 on June 28, 2014, 08:32:12 AM I think it is not a good idea to invest in betting site. In my opinion mining is better than betting. So you many start mining with any pools. I am mining with www.genesis-mining.com.
Title: Re: Which betting site is good for investing? Post by: polynesia on June 29, 2014, 01:13:44 AM In my opinion mining is better than betting. OP wants to invest in betting sites, not bet. Title: Re: Which betting site is good for investing? Post by: Tammy Chan on June 29, 2014, 01:25:54 AM In my opinion mining is better than betting. OP wants to invest in betting sites, not bet. I believe Nathan101 knew that as the first line of his post is: "I think it is not a good idea to invest in betting site. In my opinion mining is better than betting." Title: Re: Which betting site is good for investing? Post by: efreeti on June 29, 2014, 03:37:35 AM The annualized rate for just-dice was around 30%. As for mining, it is in the negative territory. Title: Re: Which betting site is good for investing? Post by: Sharma on June 29, 2014, 03:43:15 AM Exactly there is no good place to invest in betting.
Title: Re: Which betting site is good for investing? Post by: MegaHustlr on June 29, 2014, 03:30:10 PM Exactly there is no good place to invest in betting. Um yes there is, eg Ice Dice... Its better than mining. Title: Re: Which betting site is good for investing? Post by: Nagato4 on June 30, 2014, 06:00:45 AM Exactly there is no good place to invest in betting. Um yes there is, eg Ice Dice... Its better than mining. I am not sure if I should really invest in ice-dice. They are very inactive here (made just 1 post in the past 6 months)... https://bitcointalk.org/index.php?action=profile;u=150946;sa=showPosts Title: Re: Which betting site is good for investing? Post by: davellolzz on July 03, 2014, 01:53:11 PM I invest some dogecoin in https://prcdice.eu/ hoping that I will earn, but unfortunately I lost all my coins. :-\
I got so greedy. :-[ :-[ Title: Re: Which betting site is good for investing? Post by: fkvidar on October 07, 2014, 04:11:42 AM betting are not investiment ,Investors only risk money on positive mathematical expectancy situations; whereas, gamblers risk money on negative mathematical expectations and unknown probabilities
Title: Re: Which betting site is good for investing? Post by: QuantumLeap on October 07, 2014, 06:47:30 AM I think invest only on your own site. Investing on other site is very risky.
Title: Re: Which betting site is good for investing? Post by: shanem on October 07, 2014, 01:57:10 PM Betting will only let you lose in the long run.
Better invest in potential altcoins and stay away from ICO. Title: Re: Which betting site is good for investing? Post by: corki on October 07, 2014, 03:37:16 PM you dont want to go into investing, ever since dicebitcoi.n pulled a scam over investors bitcoin, with a "rogue" employee who won x23123 times.
Please read their thread to see what happened. Title: Re: Which betting site is good for investing? Post by: Sumerian on October 07, 2014, 03:46:59 PM Prcdice.eu is legit. That site has been around for a long time and starts growing more these days.
Title: Re: Which betting site is good for investing? Post by: Peter882 on October 08, 2014, 03:05:14 PM you dont want to go into investing, ever since dicebitcoi.n pulled a scam over investors bitcoin, with a "rogue" employee who won x23123 times. Please read their thread to see what happened. And they have been caught of skipping nonce for gamblers, not just once but twice. And they are now officially closed for business after scamming both the gamblers and investors. >:( Title: Re: Which betting site is good for investing? Post by: Peter882 on October 08, 2014, 03:24:26 PM I believe Dice Ninja and PRC Dice are the top 2 sites for investing now.
While they looks to be legit at this moment, you shouldn't invest more than you can lose as the site profit could go down and the site itself could go down. Title: Re: Which betting site is good for investing? Post by: mullerdan on October 23, 2014, 04:51:30 PM Bitstamp is the best
Title: Re: Which betting site is good for investing? Post by: Chemistry1988 on October 23, 2014, 05:08:58 PM Bitstamp is the best You probably have replied in the wrong thread. Bitstamp is an exchange rather than a gambling site. Title: Re: Which betting site is good for investing? Post by: HeroCat on October 23, 2014, 07:46:29 PM I would suggest you to not invest in dice sites - simple smarter way ;D
Title: Re: Which betting site is good for investing? Post by: tsm on October 23, 2014, 08:09:26 PM it used to be just dice, theres pretty much nothing out there now..
Title: Re: Which betting site is good for investing? Post by: Shogen on October 25, 2014, 02:56:19 PM it used to be just dice, theres pretty much nothing out there now.. True. PRC looks like a legit site allowing investment, but we never know if it will be the next dicebitcoin or the next diceninja. TBH, I don't trust it enough to risk my bitcoin yet. Title: Re: Which betting site is good for investing? Post by: aronnov on October 25, 2014, 03:38:57 PM every investment must have a risk, there is a high risk and there is a low risk, depending on how much we invest, the more we invest, the greater the risk that we will take, make sure yourself to be ready to accept the risks when you invest ... ;D
Title: Re: Which betting site is good for investing? Post by: mullerdan on October 25, 2014, 03:53:36 PM Bitstamp is the best You probably have replied in the wrong thread. Bitstamp is an exchange rather than a gambling site. yes I read better instead of betting Title: Re: Which betting site is good for investing? Post by: themys on October 25, 2014, 07:34:11 PM You can try https://prcdice.eu/
Title: Re: Which betting site is good for investing? Post by: Joca97 on October 25, 2014, 08:39:54 PM good invest betting sites and most trust ones are:
PRCDICE and DogeDice.me(bitdice.me) Title: Re: Which betting site is good for investing? Post by: Sonny on October 27, 2014, 10:34:04 AM There are only 6 bitcoin dice sites taking investment, according to http://cryptobettingindex.com/dice-invest/, with PRC and BitDice being the biggest ones (in terms of bankroll size).
Title: Re: Which betting site is good for investing? Post by: Kakmakr on October 27, 2014, 11:30:11 AM Only site for me is BitCasino.io ^Wink^
Not sure, if they accept investments, but I know they are regulated and big |