Bitcoin Forum

Economy => Gambling discussion => Topic started by: pinggoki on March 02, 2024, 07:16:29 AM



Title: Investing in casinos: Still a thing?
Post by: pinggoki on March 02, 2024, 07:16:29 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?


Title: Re: Investing in casinos: Still a thing?
Post by: SmartGold01 on March 02, 2024, 07:34:09 AM
At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.


Title: Re: Investing in casinos: Still a thing?
Post by: btc_angela on March 02, 2024, 08:15:45 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

There was a recent thread about it here,

  • Investment in gambling (https://bitcointalk.org/index.php?topic=5483948.0/)
  • Are people still interested in bankroll investment ? (https://bitcointalk.org/index.php?topic=5483853.0)


But if you look at it, yeah we haven't been hearing about it for the last 5 years or so. I remember way back 2018-2019, it was one of the hottest topic, there were even one member here who updated it weekly or monthly to see if he is making profit or not.

There are few casinos that have their own token if I'm not mistaken, like BFG for BetFury and OWL for OwlGames. However, not sure if they are still are still offering or not.

So for me, it's not longer the hype that we have like years ago but maybe there are still some offers from reputable casinos still in existence.


Title: Re: Investing in casinos: Still a thing?
Post by: Helena Yu on March 02, 2024, 08:24:46 AM
It's simple, if the majority of gamblers are loss, you will earn profit. But if the majority of gamblers are in profit, you will loss.

Each casino has it's own rules about the bankroll investment, some casino ask to high minimum amount, some have commission fees, so they will deduct your profit for few % when you withdraw your investment etc.

At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
Dude, he's talking about bankroll investment, not invest in casino token, so this thread is appropriate to be posted at gambling board.


Title: Re: Investing in casinos: Still a thing?
Post by: pinggoki on March 02, 2024, 08:50:25 AM
At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
No, I'm not talking about a gambling token, what part did I say that I would be investing any altcoins? I clearly said I have a hefty amount of bitcoin right? I'm talking about investing my bitcoin in their pot money or something like that where my investment contributes to the growth of the jackpot. I'm not talking about feelings or what I want to feel, I'm asking what it is and if it's still a thing. To ease your mind, yes, I still do DCA even though I plan to invest my bitcoin to a casino, that's why I've got a hefty amount of bitcoin in my possession, it's because I DCA.
~
But if you look at it, yeah we haven't been hearing about it for the last 5 years or so. I remember way back 2018-2019, it was one of the hottest topic, there were even one member here who updated it weekly or monthly to see if he is making profit or not.

There are few casinos that have their own token if I'm not mistaken, like BFG for BetFury and OWL for OwlGames. However, not sure if they are still are still offering or not.

So for me, it's not longer the hype that we have like years ago but maybe there are still some offers from reputable casinos still in existence.
Thanks for the redirect to the recent threads, appreciate that. That's why I've created this topic, because I suddenly remembered that too besides the Bitvest curious visit part, I do remember that user doing updates, I forgot the name. It's called bankroll investment right? Man I really hope that I can find some that still do this, been wanting to do this for a long time, I've read about that topic and it's really an awesome returns that he's getting. What caused the hype to die down though? I don't get why that can happen on something that can make you some money right?


Title: Re: Investing in casinos: Still a thing?
Post by: nelson4lov on March 02, 2024, 09:37:15 AM
I remember when bankroll investments were still a thing with early casinos in the forum. But I have since not seen anything like that. I don't know if the business wasn't profitable enough for casino owners or for investors of the bankroll but it just wasn't much of a big deal myself. These newer crypto native gambling platforms just go with the good old VC/Accredited investors raise. For instance, Shuffle recently announced their recent raise (angel + seed I think).

This might be the new meta for gambling platforms because if a gambling platform just allows anyone from any jurisdiction (not validated by KYC) to invest in the bankroll, it might even have legal implications especially now that regulations for crypto is stricter than ever.

Still is just a speculation on my part. I'd still like to know what happened to the old style of investing in casinos and how one can invest in newer casinos like BcGame, Stake, etc without being an angel or accredited investor.


Title: Re: Investing in casinos: Still a thing?
Post by: SmartGold01 on March 02, 2024, 10:01:16 AM
It's simple, if the majority of gamblers are loss, you will earn profit. But if the majority of gamblers are in profit, you will loss.

Each casino has it's own rules about the bankroll investment, some casino ask to high minimum amount, some have commission fees, so they will deduct your profit for few % when you withdraw your investment etc.

Snip
Dude, he's talking about bankroll investment, not invest in casino token, so this thread is appropriate to be posted at gambling board.
Okay I understand now that how was I comprehended it as investment, I will say my bad.


Title: Re: Investing in casinos: Still a thing?
Post by: Fortify on March 02, 2024, 10:07:03 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

The well established casinos and sportbooks are already rolling in money right now, they are not looking to give up a slice of that money making machine - why would they? It's also very unlikely that, even collectively, "investors" would contribute a meaningful amount to their bankroll. That leaves you with funding new casinos, which have to face and overcome many challenges - such as navigating regulations, avoiding hackers and DDOS attacks, making sure they aren't wiped out by big bets that go against them and any number of other issues, which can rapidly eat through any funds they have. If you wanted to invest in this way right now, with these newer operators - if anybody is even attempting it - you would be taking a huge gamble.


Title: Re: Investing in casinos: Still a thing?
Post by: livingfree on March 02, 2024, 10:16:50 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
You just invest and let the casino do their thing after that. You don't have to do anything as you become their investor. If there are any other investments from the casinos, that's with the ones that have their own tokens. But do you think that they're good ones? Maybe they do in some occassion but sometimes not.

If you have a BTC that you afford to lose and you want to invest into casino bankroll. With what I know with them, they're no longer profitable anymore. It is completely different today than before where it's like the best time to invest on it.

I'd just hold that and probably if I insist on investing it to anything, I'll just trade it then to get 2x-10x in short term then will use that to gain more BTC.


Title: Re: Investing in casinos: Still a thing?
Post by: tsaroz on March 02, 2024, 10:22:13 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

I used to invest on bankroll of the casino in the past but the returns are not impressive. They are low and boring, most of it around 10-20% a year, which are minuscule compared to what some safe trading ideas would bring you in a month. And there are risks like personal obsession to gamble your bankroll, site going scam or a potential hack as they are mostly less secure than regular exchanges.
At time, I used to have an updated list of casinos that provided bankroll investment but the number kept shrinking. And when I visited the thread today, found half of it are closed.
I'd not say it a bad investment as for the ones that needs passive income on bitcoin, there are  still a few legit ones.


Title: Re: Investing in casinos: Still a thing?
Post by: CryptSafe on March 02, 2024, 10:44:11 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
Investing in projects is not a bad idea and as it is now, we are in for the bull run so I think you will be on profit if you invest in new startups. I will advise you to be very alert because this is the time scam projects are in the rise.  It is bull run and the market is green which makes it more porous  for newbies to fall for scam projects. Now that you have made it public, I think you should be more careful to  responding to pm as it relates to investments so you do not get scammed.


Title: Re: Investing in casinos: Still a thing?
Post by: Wexnident on March 02, 2024, 10:54:51 AM
~
Is it acting as a bankroll investment thing? Took a peek at it and it seemed pretty normal-ish, don't really know how good it is though but from their investment charts it seemed at least that their investor profit graph is at least steady-ish, with no big losses for them.

I don't think it's particularly bad, it's rather similar to investing in any project out there just that yours is much more say active? Since it's a per-bet (from what I understood) thing since whatever you invest acts as the casinos bankroll, together with other investors and as well as their internal funds. I wouldn't expect anything big from the looks of it but since we all generally know that the house always wins in the long term, who knows, given the time your investment may grow pretty significantly.


Title: Re: Investing in casinos: Still a thing?
Post by: acroman08 on March 02, 2024, 10:57:41 AM
I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
other than bustabit and bustadice, I remember crypto.games offer bankroll investment too but last time I heard they stopped offering it. right now I don't know if there is a gambling site that offers bankroll investment. if you really want to do bankroll investment, you might need to ask around yourself.


Title: Re: Investing in casinos: Still a thing?
Post by: Japinat on March 02, 2024, 11:04:34 AM
I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
other than bustabit and bustadice, I remember crypto.games offer bankroll investment too but last time I heard they stopped offering it. right now I don't know if there is a gambling site that offers bankroll investment. if you really want to do bankroll investment, you might need to ask around yourself.
This approach worked in the past, but nowadays, casinos have grown significantly, and they can finance the required bankroll on their own. It will be hard for us to find a casino that offers bankroll investment. Actually, at this time, investing in a casino is not a good option. What's good now is investing in bitcoin or altcoins, as it seems we are already in the bull season, and this could last longer, similar to the previous bull season.


Title: Re: Investing in casinos: Still a thing?
Post by: Outhue on March 02, 2024, 11:22:11 AM
Who says you can't? I have invested in RLB ( ROLLBIT ) tokens myself and another too, I suggest you should do your own research and find reason why a casino token can pump in the future, understand the tokenomics very well because it's very important, with better utilities on the token its possible it will do well as far as the casino is making more money and they are active.

I will also like that you invest only what you can afford to lose on such tokens, because they are still risky, not many casino tokens are doing well, only some of then are good, these type of risky play only take 2% of my entire crypto portfolio just in case if anything bad happens, I won't feel the heat too much.  

Just be careful with tokens, they are not very reliable like Bitcoin, I have seen few died this year already and many more will happen.


Title: Re: Investing in casinos: Still a thing?
Post by: Synchronice on March 02, 2024, 12:14:07 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
Always keep in mind that not your keys means not your coins. That's number one rule in crypto world. Now let's move on the possibilities:
Freebitco.in offers you 4.08% APY if you just deposit Bitcoins and keep them in their website. They have been doing this for years without issues.

Other kind of investment usually involves risks and possibly higher rewards. If you invest in casino's bankroll and that casino experiences loses, then you won't be able to profit but if they experience win, you will profit and that depends on the terms that casino offers you.
Besides casinos, you can use different Bitcoin investment methods, that includes becoming a liquidity provider, staking your coins, depositing them on websites like nexo to earn % and so on.


Title: Re: Investing in casinos: Still a thing?
Post by: slapper on March 02, 2024, 01:26:28 PM
First off, your curiosity isn't stupid; it's your safeguard. Investing in a casino's bankroll basically means you're putting your crypto into their pot, sharing in the wins and losses. Simple, right? But here's the kicker: it's a gamble, just like playing the games themselves

Yes, they still offer these schemes, but tread carefully. They're not your traditional investment vehicles. You're essentially betting on the house's edge over a long period. High risk, potentially high reward. But remember, casinos are built on loss, not on generosity

Other trusted platforms? They're rare. Each has its terms, its risks. You must do your due diligence, sift through the glitter to find gold. Is it a bad investment? Well, that's like asking if walking on a tightrope is a bad idea. It depends on your balance, your nerve, and your willingness to fall. Be wise, be wary, and maybe, just maybe, you'll find what you're seeking


Title: Re: Investing in casinos: Still a thing?
Post by: arjunmujay on March 02, 2024, 01:30:00 PM
there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable


Title: Re: Investing in casinos: Still a thing?
Post by: danherbias07 on March 02, 2024, 01:42:36 PM
It's always nice to ask.
Actually, you gave out a piece of good information too. I didn't know Bitvest is accepting investment and I had never checked their gambling site for a long time, I think ever since @lightlord was on hiatus.
Investment in gambling sites is a good thing. Another site that I know is Yolodice but they are gone now thankfully they did warn all their players and investors to pull their money at the given time span.
That is the key to this. Trust and reputation. Because you are lending your money to them and they are going to use it for their business, there must be an assurance that their business will be long-term.
Is it still a thing right now? With the growing numbers of gamblers, I don't think they need an investor/player anymore. They just need to squeeze that house edge profits to make their company bigger.
I think freebitco.in also has an investment thing. I always receive their e-mail about it but I don't have any balance in my account there. You can check it out if you want. Just press the signature space of any forum member who is wearing it and you will be redirected to their legitimate site. Just for added security so you will avoid phishing.


Title: Re: Investing in casinos: Still a thing?
Post by: uneng on March 02, 2024, 01:50:17 PM
how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
You basically lend money to the casino, which will use your money to fund their bankroll. When gamblers win, you lose side by side with the house, and when gamblers lose, you profit at the house's side. The concept of this kind of investment is really good, because as we know, casinos always profit on long run. However, that is not the only aspect to pay attention to when thinking about casino bankroll investment.

You also have to check if the casino you are going to invest has a solid and frequent traffic of gamblers and bets in a daily basis. The higher the flux of money, the better it's going to be for the house, and consequently for you, as investor. It means potential losses the casino might face on short run will be fastly absorved by losses most gamblers will face.

On the other hand, when there is a low base of active players, and few daily bets or inconsistent bets in a weekly or monthly time period, the investment becomes more risky, because it can take longer until the house aborbs the losses they have to jackpot winners, for example.

The casino you promote is a trusted one, which has been working for several years already, however, it doesn't make it a good place to invest your money, because they have little traffic, just like every other current casinos offering this category of investment to customers. Nowadays it's a bad investment, unfortunatelly, though it would be a great opportunity if casinos like Stake, Duelbits, Rollbit offered the feature, due to them being popular platforms which move larger sums of money in a daily basis.


Title: Re: Investing in casinos: Still a thing?
Post by: coin-investor on March 02, 2024, 02:01:41 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

Anything or any profitable platform is worth investing but you have to do due diligence especially when it comes to online casinos because although profitable the competition is very stiff in the casino industry, Bitvest has a campaign here and you know its history so it's up to you if its behavior in the gambling is worth your trust.
You have to check how they manage their reputation, their finances, and their marketing these are the three components that can make investing in casinos worth it, so far I only know Bitvest as popular and well-known I would like to leave out that are not popular in the community, you have to do your research because its not easy its not like playing in casinos with your bankroll.
They have a minimum investment and that amounts to thousands of dollars I prefer staking the casino's token like what Betfury is offering to their players it can be considered as also investing in the casino.


Title: Re: Investing in casinos: Still a thing?
Post by: ethereumhunter on March 02, 2024, 02:42:23 PM
I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.


Title: Re: Investing in casinos: Still a thing?
Post by: Hispo on March 02, 2024, 03:37:59 PM
I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.

The investor is in the end who has the final word on what is going to happen to their money.
I personally believe investing into gambling (by providing liquidity to casinos) could be a good investment if the casino is reputable and have much volume. However, the main risk comes from the jurisdiction where the casino is placed and also how the contract between investors and the casino staff is supposed to work.
In the most of those agreements, I believe invertors are legally defined to be "unsecured creditors", which means they are in pretty much an important risk if the casino shuts down or if there is some regulatory change in laws which forced the casino to close their doors permanently.
There is also an important risk on the fact Casinos can be victims of scams are very big hack attacks to their hot wallets, and I am sure (since one would be an "unsecured creditor"), the entity behind the casino won't be responsible of those losses and won't refund to investors.

That is only a little sample on the things one is supposed to be aware and read about before investing in casinos. It is like investing in any other venture, one needs to do ones's own research before jumping in.


Title: Re: Investing in casinos: Still a thing?
Post by: Wapfika on March 02, 2024, 03:44:00 PM
I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

Investing on casino is just like staking your Bitcoin to DeFi since it leaves to your wallet. I’d rather choose to invest on DeFi that gives passive income rather than in a casino that offers investment since most of the reputable casino doesn’t have investment feature because they are backed by private company that fund them.

Blackjack.fun still offers investment through their Ninja Investment program that offers 15%. But I can’t guaranteed that they will keep running forever but they are the closest to trusted casino here that offer investment.


Title: Re: Investing in casinos: Still a thing?
Post by: Queentoshi on March 02, 2024, 03:52:46 PM
Is it a bad investment?
It may not be a bad investment but before you consider this kind of investment make sure that you have properly invested in other more reliable things like Bitcoin which is widely preached here because something with investing in a casino is that the future is never really as reliable for it as you can consider for Bitcoin. Say in the next 10 years or 20 years many of these casinos will not be in existence but it is possible to imagine the Bitcoin still being in existence by then even stronger than it is currently. Before you invest in a casino, invest in bitcoins.


Title: Re: Investing in casinos: Still a thing?
Post by: dimonstration on March 02, 2024, 03:57:17 PM
I think freebitco.in also has an investment thing. I always receive their e-mail about it but I don't have any balance in my account there. You can check it out if you want. Just press the signature space of any forum member who is wearing it and you will be redirected to their legitimate site. Just for added security so you will avoid phishing.

AFAIK they don’t have direct investment using Bitcoin but they have utility token $FUN token which is equivalent on investing to their casino since they provide special privileges to all the holders that related to the casino.

Casino utility token is now the new form for casino investment. Other casino have utility tokens that is running for long time are Betfury(BFG) and Bitkong(Kong). The only downside on this investment was the price keep decreasing due to the team reserve token that automatically liquidated when they needed the funds but the APR for staking is good that might compensate this slowly price decrease in long run.


Title: Re: Investing in casinos: Still a thing?
Post by: Crypto Library on March 02, 2024, 04:08:08 PM
Is it still work to invest in this way?  I don't think any reputable casinos take bankroll investments anymore. Moreover, I think that this type of investment is currently only keeping open on new casinos  and in this case I think that this type of investment is now very risky which can lead you to a lot of ponzi schemes or scams. I think for the long term, if one is investing in bitcoins, one should follow the strategy of selling those investments through holdings in a decentralized wallet. And currently, the type of investment you want to make may be offered by casinos through their own utility tokens. And I think it is not good investment for long term.


Title: Re: Investing in casinos: Still a thing?
Post by: PX-Z on March 02, 2024, 04:12:05 PM
I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
Bustadice investments works like a ponzi scheme, everytime there's a new investor joining the pool, the existing investors got profit from the X percentage of your investment, while the share of profit in % when some users losses are the same, so the first investors always get the advantage.
I have tried to invest in cryptogames also before, so far all of those investments are ++ in profit, but it takes at least several months before it happen or simply a long term investment.

In today's known casinos, i don't think there are still offering investments as i didn't see any of them now.


Title: Re: Investing in casinos: Still a thing?
Post by: Maus0728 on March 02, 2024, 04:23:17 PM
Now that I've think about it, I've taken a liking to doing some of that back then, it's definitely bankroll investment, I mean I've got some prizes for the art contests and I don't have much stuff to spend that prize on, if I recall correctly how it works, the money that you put in would become part of the circulating prize money for the casino and depending on the turnout for that day, you'd either get some gains or losses, I remember there's a guy that used to do this and it's been pointed out by @btc_angela already @Helena Yu got the best and simple explanation for how it works. You say that you've got some good amount of bitcoin already that you don't mind spending on that and I got to say, I encourage you to invest in it now because there's no way that the house loses and you really don't need to go look for any other website for long, you can start exploring the one in your signature campaign, ask the right person how the investment in Bitvest works, you're not going to be disappointed. It's kind of weird that the hype around this investment died down though like what happened? I'm curious too, did the long hiatus of Bitvest lead to this as they're a pretty big campaign back then when this was a big deal too.


Title: Re: Investing in casinos: Still a thing?
Post by: killerfrost on March 02, 2024, 04:46:29 PM
Remember those wild days of "bankroll investing" in online casinos? Yeah, those seem to have gone the way of the dodo bird. No one's quite sure why, but stricter regulations, lack of control for casinos, and the rise of fancy VC firms probably played a part.

These days, gambling platforms are all about the VC route. Think of VCs like casino sharks, circling for the juiciest investment opportunities. They offer structured deals with clear terms, which is a far cry from the free-for-all of the old bankroll days.

Cryptocurrency has also thrown a wrench into the mix. New platforms built on blockchain tech are catering to a whole new crowd and naturally, they're looking to VC firms for funding, just like everyone else.

So, as for you asking about investing in platforms like BcGame or Stake? Well, unless you're a big shot investor with a fancy title, it's currently a no-go. These platforms keep their funding rounds private, limiting participation to accredited investors and institutions.


Title: Re: Investing in casinos: Still a thing?
Post by: Davidvictorson on March 02, 2024, 04:55:52 PM
I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I learnt how this works is that the individual would invest some amount for percentage of return monthly. Now, there is a minimum amount that one can invest and there is a lock in period usually 30days. I think this is the terms and conditions that guarantees the receipt of the monthly return and the initial capital.

I don't know casinos that have this type of offer but this is basically how it works.

Before you think of investing. Here is what should be in your checklist;

  • registration of the casino
  • Years in business
  • Number of people investing


Lastly, if you do not understand how it works, do not get in.


Title: Re: Investing in casinos: Still a thing?
Post by: cabron on March 02, 2024, 05:02:22 PM
Remember those wild days of "bankroll investing" in online casinos? Yeah, those seem to have gone the way of the dodo bird. No one's quite sure why, but stricter regulations, lack of control for casinos, and the rise of fancy VC firms probably played a part.

These days, gambling platforms are all about the VC route. Think of VCs like casino sharks, circling for the juiciest investment opportunities. They offer structured deals with clear terms, which is a far cry from the free-for-all of the old bankroll days.

Cryptocurrency has also thrown a wrench into the mix. New platforms built on blockchain tech are catering to a whole new crowd and naturally, they're looking to VC firms for funding, just like everyone else.

So, as for you asking about investing in platforms like BcGame or Stake? Well, unless you're a big shot investor with a fancy title, it's currently a no-go. These platforms keep their funding rounds private, limiting participation to accredited investors and institutions.

Like Drake?  I'm not really aware if he invests in Stake bankrolll but I kinda feel like he does when you say they keep their funding private. Those guys must have invested a huge amount of money for the casino to keep running. And because Stake is such a huge casino with millions of users most likely, a bankroll investor would be making money without having to worry about paying huge taxes.

I have not seen someone discussing their bankroll investment these days in the forum, there used to be users who could join into those investments with their data posted in here but most probably they are now excluded because of those big-shot investors.


Title: Re: Investing in casinos: Still a thing?
Post by: dothebeats on March 02, 2024, 05:07:12 PM
It used to be the hottest topic around 4 or 5 years ago. There are many casinos who offered people to invest in their bankroll. There are days when your investment drops when a whale beats the hell out of the casino, and there are times when you simply create money just because almost everyone had a bad day. It's very volatile, and I would even go so far as to say that it's as volatile as cryptocurrency's price movements. I don't know if there are still some casinos that offer investing on their bankrolls directly without going through a token that they own, but if there is, I'm pretty sure it's a direct invite and not public access anymore.

Tokens from casinos seem to be the easiest way for you to invest in their bankroll, but those tokens are being traded too so you're basically just 'funding' them and the movement of your investments depend on a separate market and not necessarily what happens inside the casino.


Title: Re: Investing in casinos: Still a thing?
Post by: goaldigger on March 02, 2024, 05:10:56 PM
there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable
Definitely, it’s just a matter of your own analysis and of course your risk apetite.
If you think you can be profitable with this kind of investment and want to diversify, then why not?
Just invest on a good casinos today which offers a great service and with a great volume of gamblers, also have the liquidity but if you don’t want to worry that much better to stick with BTC and the top altcoins.


Title: Re: Investing in casinos: Still a thing?
Post by: stomachgrowls on March 02, 2024, 05:21:32 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
If i were to choose in between Bitvest and Bustabit/BUstadice then i would definitely choose option two. Why? You would really be able to see their difference when it comes to the players online or who do
play into these sites,plus we've seen already on how profitable into those investors that have sided up with the house. We do know that house do always win at the end on which it would really be that understandable
on where you would really be taking you sides in. IF you do have some Bitcoin or any fund that you could really be able to invest then it would really be that your choice.

The only thing that you should really be baring up into your mind is that we do know that in every business there's always accompanied risks. Even though we do know that
house do always win at the end on which there would really be still those chances that you could be able to have some negative % share in month due to some
huge winnings by some players etc...


Title: Re: Investing in casinos: Still a thing?
Post by: Natsuu on March 02, 2024, 11:12:15 PM
It used to be the hottest topic around 4 or 5 years ago. There are many casinos who offered people to invest in their bankroll. There are days when your investment drops when a whale beats the hell out of the casino, and there are times when you simply create money just because almost everyone had a bad day. It's very volatile, and I would even go so far as to say that it's as volatile as cryptocurrency's price movements. I don't know if there are still some casinos that offer investing on their bankrolls directly without going through a token that they own, but if there is, I'm pretty sure it's a direct invite and not public access anymore.

Tokens from casinos seem to be the easiest way for you to invest in their bankroll, but those tokens are being traded too so you're basically just 'funding' them and the movement of your investments depend on a separate market and not necessarily what happens inside the casino.

Oh right. Investing in casino bankrolls can happen in two ways either you're directly putting money into the casino's ups and downs or you're dealing with tokens that have a life of their own. In the past, direct investment was more common but now it might need a VIP invite. With tokens, it's like you're playing in two markets  and its the casino's wins and the token trading scene. Both have their quirks but no matter what diving into this world needs some serious research and a good grasp of the risks involved. Keep it real and watch out for the wild ride


Title: Re: Investing in casinos: Still a thing?
Post by: Jating on March 02, 2024, 11:28:23 PM
At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
No, I'm not talking about a gambling token, what part did I say that I would be investing any altcoins? I clearly said I have a hefty amount of bitcoin right? I'm talking about investing my bitcoin in their pot money or something like that where my investment contributes to the growth of the jackpot. I'm not talking about feelings or what I want to feel, I'm asking what it is and if it's still a thing. To ease your mind, yes, I still do DCA even though I plan to invest my bitcoin to a casino, that's why I've got a hefty amount of bitcoin in my possession, it's because I DCA.
~
But if you look at it, yeah we haven't been hearing about it for the last 5 years or so. I remember way back 2018-2019, it was one of the hottest topic, there were even one member here who updated it weekly or monthly to see if he is making profit or not.

There are few casinos that have their own token if I'm not mistaken, like BFG for BetFury and OWL for OwlGames. However, not sure if they are still are still offering or not.

So for me, it's not longer the hype that we have like years ago but maybe there are still some offers from reputable casinos still in existence.
Thanks for the redirect to the recent threads, appreciate that. That's why I've created this topic, because I suddenly remembered that too besides the Bitvest curious visit part, I do remember that user doing updates, I forgot the name. It's called bankroll investment right? Man I really hope that I can find some that still do this, been wanting to do this for a long time, I've read about that topic and it's really an awesome returns that he's getting. What caused the hype to die down though? I don't get why that can happen on something that can make you some money right?

You two might have been talking about @Yatsan's investment here: GAMBLING SITE INVESTMENT (https://bitcointalk.org/index.php?topic=5239794.0).


Title: Re: Investing in casinos: Still a thing?
Post by: Belarge on March 02, 2024, 11:29:08 PM
there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable
Casinos are safe to invest on but also risky because it's no way we'll be earning without depositing our initial capital. Becoming a profitable gambler comes with a price which I'm pretty sure none of us are ready to do what it takes. It doesn't require hardwork but it do deserves is formulated legit strategy to enforce the good ratings of the system. Investment are legitimate as long as we're on the good line of planning. Ensure you calculate the risks because everyone can't belong to one particular sector of the system. We gamble because we're hunger for profits, there's a whole of things to learn concerning the system, ofcourse none of us will welcome the idea of losses.


Title: Re: Investing in casinos: Still a thing?
Post by: arjunmujay on March 03, 2024, 12:58:29 AM
there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable
Definitely, it’s just a matter of your own analysis and of course your risk apetite.
If you think you can be profitable with this kind of investment and want to diversify, then why not?
Just invest on a good casinos today which offers a great service and with a great volume of gamblers, also have the liquidity but if you don’t want to worry that much better to stick with BTC and the top altcoins.
totally agree with this. nothing beats investing in bitcoin and ethereum.
it becomes the main portfolio and will never change. only small altcoins change according to what is trending in the crypto world. So even if other altcoins are slumping, our portfolio will remain safe because it is supported by these two coin giants.

come back again, because this is a gambling thread. I think because there are so many gambling fans, both from crypto activists themselves, as well as from the general public. So in my opinion it is quite good for investing in gambling coins.


Title: Re: Investing in casinos: Still a thing?
Post by: Volimack on March 03, 2024, 05:33:58 AM
Investing in gambling coins is good but you have to choose the right casino. As far as I know not all casinos are worth the investment. Casinos seem safe but there are risks involved in investing. Gamblers play casino for profit but no one can always maintain the streak of loss. Many times things go out of plan. You can choose good altcoins that don't go with bitcoin to invest in casino. Bitcoin investment is more profitable and safe.


Title: Re: Investing in casinos: Still a thing?
Post by: Negotiation on March 03, 2024, 09:04:37 AM
There are many trusted casinos that offer good deals but no one can guarantee exactly how much you will get from the casino investment. Gambling is more risky and less safe here if a casino site offers to invest it may be a scam plan. Before investing you can analyze the sites and the final decision is in your hands then the risk will be low. I think find an alternative way to avoid risk of investing in casino invest in bitcoin more reliable currency and hold bitcoin for long time you will get better results. Bitcoin investment will surely give you profit and less chance of something bad happening.


Title: Re: Investing in casinos: Still a thing?
Post by: TheUltraElite on March 03, 2024, 09:10:51 AM
Very few casinos are still offering this. Back in the days, in the times of  Just-dice many sites were allowing users to invest in their bankroll.

Casino investments are supposed to be profitable in the long run, not short run.
I myself have invested in some of these casinos previously. Cryptogames gave me a good 50%/year gains over a year - they shut down their investment feature which was disheartening.

Currently had to pull out from Moneypot too due to Leo shutting it down and moving to take over bustabit and bustadice. Moneypot gave be a good 12%/year return over a period of 4months. My investment on BAB and freebitco.in are currently running well.


Title: Re: Investing in casinos: Still a thing?
Post by: Marvelman on March 03, 2024, 09:49:39 AM
Investing in crypto casinos may not be as popular now, but I think it's still possible.  The last time I used this feature was at YOLOdice casino, when it was still active.  
Freebitcoin allows it, for one. Also Bitvest.io, if I'm not mistaken.  I should look into what other casinos provide investment opportunities.


I found this old topic. I haven't checked how many of them are still active:
Ultimate list of crypto Gambling sites that offers investment in the bankroll (https://bitcointalk.org/index.php?topic=5247587.0)


Title: Re: Investing in casinos: Still a thing?
Post by: letteredhub on March 03, 2024, 09:57:13 AM
It is not in my character to discourage people from doing what has been put in their mind to do especially in trying out new things for them, so I will say if you feel that interest to try your investment in that trajectory then go ahead, have never tried any casino's token so I can't say how they could be like in the long run but then try to do your deep research before going in with your asset.


Title: Re: Investing in casinos: Still a thing?
Post by: Peanutswar on March 03, 2024, 10:05:23 AM
I have known this kind of investment before, like investing with the casino if the casino gains profit you will gain too, but currently, base on my experience I didnt saw a casino offering this kind of feature because it could be players more likely to do an investment only not playing gambling. But the meta or the trend now is more likely on an events, and NFT.


Title: Re: Investing in casinos: Still a thing?
Post by: Moreno233 on March 03, 2024, 10:10:46 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
Are you saying investment in the form of buying shares in the company? I am not aware of things like that but if it exists, it will be a great opportunity because casinos seems like a profitable business when it has established a good reputation among users and have gain deep penetration across the globe. I will love to know more from others who will be contributing in this thread if such a thing like investment in casinos exists so I will put it into consideration as a avenue to diversify my investment portfolio. Such reputable casino like Bitvest will surely worth the investment.


Title: Re: Investing in casinos: Still a thing?
Post by: ethereumhunter on March 03, 2024, 04:20:49 PM
The investor is in the end who has the final word on what is going to happen to their money.
I personally believe investing into gambling (by providing liquidity to casinos) could be a good investment if the casino is reputable and have much volume. However, the main risk comes from the jurisdiction where the casino is placed and also how the contract between investors and the casino staff is supposed to work.
In the most of those agreements, I believe invertors are legally defined to be "unsecured creditors", which means they are in pretty much an important risk if the casino shuts down or if there is some regulatory change in laws which forced the casino to close their doors permanently.
There is also an important risk on the fact Casinos can be victims of scams are very big hack attacks to their hot wallets, and I am sure (since one would be an "unsecured creditor"), the entity behind the casino won't be responsible of those losses and won't refund to investors.

That is only a little sample on the things one is supposed to be aware and read about before investing in casinos. It is like investing in any other venture, one needs to do ones's own research before jumping in.
Yes, the investor will responsible with their money so they needs to be careful when they want to use their money to gambling or investing. If they can search for many information before they decide, they will not choose the wrong way and will know what they needs to do because they will have much knowledge that can helps them to decide. They can invest in a casino but they must make sure that the casino can gives them the profit because many casinos can't give what they want. Most gamblers doesn't realize about the risks and that can be bigger without they expect and that's only makes them lose their money without making a profit. If the can realize about the risk and always prevent the big risks by carefully deciding everything. They will not be a victim from the hack because they can carefully when they want to use their money to playing gambling or investing in the casino.

The important thing is we can research before decide so we know what we must do after we collect many information. Research is a must thing that every gambler do before they do something.


Title: Re: Investing in casinos: Still a thing?
Post by: erep on March 03, 2024, 04:47:31 PM
I have known this kind of investment before, like investing with the casino if the casino gains profit you will gain too, but currently, base on my experience I didnt saw a casino offering this kind of feature because it could be players more likely to do an investment only not playing gambling. But the meta or the trend now is more likely on an events, and NFT.

I don't know if this discussion leads to investing in shares in casinos or casinos having an investment feature, but some members have suggested never keeping high balances in gambling accounts but they feel confident about investing in casinos even though some of the casinos on the top 20 list are also very risky due to the casino is a scam or no longer operating, I am not interested in investing in the casino because you have handed over the balance to the casino owner and they can freeze your balance or other actions that are very detrimental to the user, so if you have btc then keep those assets in a personal wallet for the portfolio long term.


Title: Re: Investing in casinos: Still a thing?
Post by: blckhawk on March 03, 2024, 05:01:43 PM
I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.


Title: Re: Investing in casinos: Still a thing?
Post by: Asuspawer09 on March 03, 2024, 06:02:07 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

I'm not familiar with this kind of investment in casinos but my take here is just the same as others, I wouldn't really do it for some kind of interest even though it is a fair amount of interest return I guess just because it doesnt really have any difference on custodial wallets, or some kind of exchange where you're putting your money, I mean in the first place it wasn't really recommended to put a huge amount of investment or savings on that websites like exchanges just because you just doesnt have full control on your money right, Im not saying that all casinos are but there are most scam websites of casino one, and I would probably say that there are even higher chances that these casinos might go bankrupt something like that right, compared to exchanges casino as well doesnt have the transparency of exchanges where you know the team or CEO something like that.

It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.


Title: Re: Investing in casinos: Still a thing?
Post by: carlfebz2 on March 03, 2024, 06:38:40 PM
I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Of course,.you cant just take some huge slice of the pie with less investment. Everything would really be divided basing up on how many investors did pooled up such fund if we do speak about bankroll
So far we've known that Bustadice and some other casinos do offer some bankroll investment and the rest arent that having such option but for me it is really that good since you are getting side by side
with the house on which we know that house do always win at the end.Therefore, you would really be having that kind of advantage in against with gamblers. The only thing that you should be baring up into your
mind is that you should really be having those realizations that profits would be given isnt that as big as you do think. It would be small and roi isnt really that in too short duration but if we do speak about long runs
then this is something that you could look upon.

So if you do have the money that you could really be able to invest then it would really be your own choice since not all would really be having that kind of confidence on investing into house
bankroll due to those security or guarantees but at least you do know on which side you are on. Gambling industry is profitable on which basically shows that gamblers are really that
the losers in the end of the line.  :D


Title: Re: Investing in casinos: Still a thing?
Post by: btc_angela on March 04, 2024, 10:47:16 AM
At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
No, I'm not talking about a gambling token, what part did I say that I would be investing any altcoins? I clearly said I have a hefty amount of bitcoin right? I'm talking about investing my bitcoin in their pot money or something like that where my investment contributes to the growth of the jackpot. I'm not talking about feelings or what I want to feel, I'm asking what it is and if it's still a thing. To ease your mind, yes, I still do DCA even though I plan to invest my bitcoin to a casino, that's why I've got a hefty amount of bitcoin in my possession, it's because I DCA.
~
But if you look at it, yeah we haven't been hearing about it for the last 5 years or so. I remember way back 2018-2019, it was one of the hottest topic, there were even one member here who updated it weekly or monthly to see if he is making profit or not.

There are few casinos that have their own token if I'm not mistaken, like BFG for BetFury and OWL for OwlGames. However, not sure if they are still are still offering or not.

So for me, it's not longer the hype that we have like years ago but maybe there are still some offers from reputable casinos still in existence.
Thanks for the redirect to the recent threads, appreciate that. That's why I've created this topic, because I suddenly remembered that too besides the Bitvest curious visit part, I do remember that user doing updates, I forgot the name. It's called bankroll investment right? Man I really hope that I can find some that still do this, been wanting to do this for a long time, I've read about that topic and it's really an awesome returns that he's getting. What caused the hype to die down though? I don't get why that can happen on something that can make you some money right?

You two might have been talking about @Yatsan's investment here: GAMBLING SITE INVESTMENT (https://bitcointalk.org/index.php?topic=5239794.0).

Thanks, yes I think this is the thread that we both are looking for. In any case, it's and old thread and it seems that from his investments, he is break even or lost some money on one of them and then make profits on the other one.

But the casinos that he made profits is no longer in existence and it made him like break even if I'm not mistaken. So there is still a big risk investing on crypto casino and it might also debunked the idea that casinos is profitable and the house always win.


Title: Re: Investing in casinos: Still a thing?
Post by: panjul07 on March 04, 2024, 11:26:21 AM
There are many trusted casinos that offer good deals but no one can guarantee exactly how much you will get from the casino investment. Gambling is more risky and less safe here if a casino site offers to invest it may be a scam plan. Before investing you can analyze the sites and the final decision is in your hands then the risk will be low. I think find an alternative way to avoid risk of investing in casino invest in bitcoin more reliable currency and hold bitcoin for long time you will get better results. Bitcoin investment will surely give you profit and less chance of something bad happening.

Many? Can you give a list the casinos that offer bankroll investment like what OP is looking for?
As far as I remember, this kind of investment is no longer popular and only few casinos offer bankroll investment.
Talking about the possibility of making profit from bankroll investment, of course there is no guarantee, the same as when you invest your money into cryptocurrency including bitcoin.

I found this old topic. I haven't checked how many of them are still active:
Ultimate list of crypto Gambling sites that offers investment in the bankroll (http://Ultimate list of crypto Gambling sites that offers investment in the bankroll)

Kindly give the correct link so people can visit it properly https://bitcointalk.org/index.php?topic=5247587.0
Looking at the list, some of them are already shut down since long time ago (bit-exo and yolodice).


Title: Re: Investing in casinos: Still a thing?
Post by: Jawhead999 on March 04, 2024, 11:46:01 AM
It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.
I see no difference, a trusted exchange can freeze your coins too, recently Binance was delisted Monero and they even disabled the withdrawals without any notification, it means people who have Monero on Binance are in loss.

Looking at the list, some of them are already shut down since long time ago (bit-exo and yolodice).
Yolodice might be the best casino that offer casino bankroll I ever seen because they didn't ask minimum amount and they there's no fees deduction, I have not seen any casino that as friendly as Yolodice.


Title: Re: Investing in casinos: Still a thing?
Post by: shield132 on March 04, 2024, 11:48:00 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
in 2017 there was a good debate about investment in crypto casinos and many websites don't offer you this option and there are good reasons for that. First of all, there is a chance that if you invest in a casino's bankroll, they might abuse the game since the website owner has access to server seeds, he then can register the account and predict the outcome of each bet and win tons of money. If the casino owner does that, then investors will experience loss while the casino owner will take all the money in his pocket. I don't say that any casino does this but there is a risk and I explained it to you.


Title: Re: Investing in casinos: Still a thing?
Post by: Beparanf on March 04, 2024, 11:48:20 AM

It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.

I won’t consider it as red flag because some casino run longer than exchange. It’s just not safe to invest which you can’t hold your coins on a non custodial wallet. It’s part of the risk of investment like this but not enough to be considered as red flag since this is not a sure scam.

Casino investment is already now innovate because you can. Invest in a casino without sending your money to their bankroll but through holding their utility which they use to fund their casino. They offer a buy back and mining for a passive income. This is much safer form of casino investment because you are holding your own token in your preferred wallet.


Title: Re: Investing in casinos: Still a thing?
Post by: sunsilk on March 04, 2024, 11:52:49 AM
I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.


Title: Re: Investing in casinos: Still a thing?
Post by: mirakal on March 04, 2024, 12:03:35 PM
I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

Honestly, based on my experience, I don't find investing in a casino very profitable. It always depends on the amount you invested because with a small share of the pie (investment), you're not likely to earn a decent profit. In short, this is only for investors who have a lot to invest. However, back in the day, the most profitable kind of investment was investing in crypto, especially in altcoins. I think that is still the case nowadays; investing in crypto can still yield a decent profit as long as we know how to choose the right coins.


Title: Re: Investing in casinos: Still a thing?
Post by: ethereumhunter on March 04, 2024, 12:26:10 PM
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Yes, casino will have certain percentage to be share to the investors. The investor can accept it if they wants to invests in the casino and before they starts investing, they must research everything so they don't make a wrong decision. It's not easy to make a profits from investing in casino, especially if we don't know what casino that can gives us the profit. But I already gave the gambling site name so you can try to invests on that casino.

You should thinks about how much money you want to invest in the casino because there are risk on every decision you make. That's why we needs to research before we decide to prevent the big risks.


Title: Re: Investing in casinos: Still a thing?
Post by: slapper on March 04, 2024, 12:26:17 PM
I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Of course,.you cant just take some huge slice of the pie with less investment. Everything would really be divided basing up on how many investors did pooled up such fund if we do speak about bankroll
So far we've known that Bustadice and some other casinos do offer some bankroll investment and the rest arent that having such option but for me it is really that good since you are getting side by side
with the house on which we know that house do always win at the end.Therefore, you would really be having that kind of advantage in against with gamblers. The only thing that you should be baring up into your
mind is that you should really be having those realizations that profits would be given isnt that as big as you do think. It would be small and roi isnt really that in too short duration but if we do speak about long runs
then this is something that you could look upon.

So if you do have the money that you could really be able to invest then it would really be your own choice since not all would really be having that kind of confidence on investing into house
bankroll due to those security or guarantees but at least you do know on which side you are on. Gambling industry is profitable on which basically shows that gamblers are really that
the losers in the end of the line.  :D
You can't just invest in a casino's bankroll and expect profits. Not a tactical move; it takes comprehension and acceptance. True, the house usually wins, so siding with them sounds smart.  Game name: modest, steady profits. Think marathon, not sprint. Your investment expands with the house's benefit. This path has risks. Protection and assurance? Unrealistic in the chaotic gambling environment

The house siding should not be your only reason to invest. It requires extensive understanding of bankroll investment, market monitoring, and a strong long-term vision. Are you ready for the long haul and the ups and downs before jumping in?


Title: Re: Investing in casinos: Still a thing?
Post by: Crypt0Gore on March 04, 2024, 12:40:18 PM
You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.


Title: Re: Investing in casinos: Still a thing?
Post by: sunsilk on March 04, 2024, 01:13:12 PM
I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

Honestly, based on my experience, I don't find investing in a casino very profitable. It always depends on the amount you invested because with a small share of the pie (investment), you're not likely to earn a decent profit. In short, this is only for investors who have a lot to invest. However, back in the day, the most profitable kind of investment was investing in crypto, especially in altcoins. I think that is still the case nowadays; investing in crypto can still yield a decent profit as long as we know how to choose the right coins.
It became profitable in a sense before that it was too early. So the value of Bitcoin wasn't that much and as you receive the profit from your small share from them, you just get to hold.

So, that's dual purpose when you hold but I agree that nowadays, it's not really profitable at all. And even you're so optimistic about your investment there but numbers won't lie.

If it is showing you greater returns then that only proves that it is still profitable but based on the ones that have been investing on it before, and sharing what they think about it in the present. No longer profitable.


Title: Re: Investing in casinos: Still a thing?
Post by: aioc on March 04, 2024, 01:54:40 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

So far Bitvest is the popular casino platform that allows you to invest, in online casinos offering investment on their platform is not yet that popular only a handful offers this and yes Bitvest is popular to offer this, there's a lot of legalities investing in casinos so online casino prefer to keep their investors in house rather coming from the outside, but if you are a big investor you can write a formal request to the casino and offer them to invest in their platform.

But investing in online casinos as an outsider has a lot of risk involved, if you are a risk taker, you can research in your country for people who are into online casinos and create a partnership to launch an online casino, some casinos offer their token to invest you can stake their token or just hold it for future profit.


Title: Re: Investing in casinos: Still a thing?
Post by: AmoreJaz on March 04, 2024, 02:24:09 PM
I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

Honestly, based on my experience, I don't find investing in a casino very profitable. It always depends on the amount you invested because with a small share of the pie (investment), you're not likely to earn a decent profit. In short, this is only for investors who have a lot to invest. However, back in the day, the most profitable kind of investment was investing in crypto, especially in altcoins. I think that is still the case nowadays; investing in crypto can still yield a decent profit as long as we know how to choose the right coins.

That is true, if you have no big amount of investment, the profit share may really be so small. Sometimes, it is not worth putting your money into. In the old days, investing in the casinos' vault was indeed a thing. I even done that using several coins/tokens. But that site was already closed. I was lucky enough to get out of my funds before the site got out of their business.

I believe, that is one dilemma here. How can you be so sure that the casino will respect all the agreements and won't shutdown their operations without prior notice? You are doomed if they closed down and your coins are still in their site. Very low chance to get it back as they won't come back. Consider you've lost all your investments here.

The truth is, if gamblers here found one casino being worthwhile on this type of investment, we already heard about that. Because for sure they will be talking about how profitable to invest on this casino.


Title: Re: Investing in casinos: Still a thing?
Post by: arwin100 on March 04, 2024, 02:38:33 PM
I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

Honestly, based on my experience, I don't find investing in a casino very profitable. It always depends on the amount you invested because with a small share of the pie (investment), you're not likely to earn a decent profit. In short, this is only for investors who have a lot to invest. However, back in the day, the most profitable kind of investment was investing in crypto, especially in altcoins. I think that is still the case nowadays; investing in crypto can still yield a decent profit as long as we know how to choose the right coins.

That is true, if you have no big amount of investment, the profit share may really be so small. Sometimes, it is not worth putting your money into. In the old days, investing in the casinos' vault was indeed a thing. I even done that using several coins/tokens. But that site was already closed. I was lucky enough to get out of my funds before the site got out of their business.

I believe, that is one dilemma here. How can you be so sure that the casino will respect all the agreements and won't shutdown their operations without prior notice? You are doomed if they closed down and your coins are still in their site. Very low chance to get it back as they won't come back. Consider you've lost all your investments here.

This bankroll investment is famous before but unfortunately it became taken out since maybe there's a lot of investors figure out that their investment there is not really worth it and the chances to lose is so high if everything mess up thay's why for other new people thinking about investing on casino can give them more advantage to gain then they should think again since you people are not satisfied with the result they get there. So much better if they find other option to invest their money since its waste of time for putting our money there. Maybe some other may say that its still good since they earn few bucks but for other who want that something that can bring changes I don't think they will be fine getting small returns.


Title: Re: Investing in casinos: Still a thing?
Post by: Slow death on March 04, 2024, 03:12:59 PM
my advice is that you don't do that, since the first days I saw this type of option I said that it is something that is not worth the risk, let's imagine that you had 10 btc and invested the 10 btc in a casino to make a 10% profit in a year, when you invested the 10 btc in case the price of bitcoin was $30,000, then you invest the 10 btc in the casino and the casino blocks the investment until the 1 year period for withdrawing 11 btc ends, in those months in which you will be waiting for the 12 months to end, the price of bitcoin rises 3x and you cannot sell and make a profit and wait for another price drop, the price goes into correction as has been customary after a big bull run, and drops to $15000 When the 12 months arrive, you will have 11 BTC but they will be worth little

This is a big risk and there is the other risk that the casino will go bankrupt during the 12 months that you will be waiting and it will hurt you a lot when you know that all your investment has disappeared while the price of bitcoin has risen 3x, honestly in my opinion this type of investment It's the worst I've ever seen. cryptocurrencies in themselves are already good investments and there is no need for the person to keep entering into these investments that are high risk, imagine a person spending 1 year to earn 5% or 10% profit while they can hold and earn more profit than 5% while having full control of the coins. It's something I can't understand, I highly doubt that casinos are giving high profits to people who invest in casinos.


Title: Re: Investing in casinos: Still a thing?
Post by: KTChampions on March 04, 2024, 03:48:47 PM
You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.


Title: Re: Investing in casinos: Still a thing?
Post by: moneystery on March 04, 2024, 03:57:48 PM
Investing in projects is not a bad idea and as it is now, we are in for the bull run so I think you will be on profit if you invest in new startups. I will advise you to be very alert because this is the time scam projects are in the rise.  It is bull run and the market is green which makes it more porous  for newbies to fall for scam projects. Now that you have made it public, I think you should be more careful to  responding to pm as it relates to investments so you do not get scammed.

i personally prefer to invest in reputable casinos, because after all they already have a running business and their reputation is quite good and is well known to people. compared to new startups which are still burning money and still looking for their customers. and usually during a bullrun there will be many new projects, but at the same time there will also be many projects that die after that. so i don't want to risk my money investing in a project that will die, even though it could give me a decent profit.


Title: Re: Investing in casinos: Still a thing?
Post by: Yatsan on March 04, 2024, 04:04:36 PM
You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.
Bottomline is earning not as much as expected and not as fast as you will want it. And I agree, the risk to profit ratio is not really the best if you are just seeking for an investment. You'd earn a small percentage from not doing anything other than taking a share on their platform but if ever there will be an instance that the platform will be in trouble, perhaps with negative impressions from players, in this scenario, then your share will be highly affected. Same thing goes actually with being a share holder with big companies. Keyword is being just a share holder.

Being a share holder means you have no full percentage of the overall company profit. You will only have a portion of that profit, minus the maintenance and other service charges depending on what's written with your terms with them. The amount you will be earning also depends on the amount you will be putting on their platform. If you will ask successful investors of different industries, they'll more likely say that the only pros of being a shareholder is the feeling of having a business without doing anything. Having a frachise would be better but not best option to have.


Title: Re: Investing in casinos: Still a thing?
Post by: Wiwo on March 04, 2024, 04:05:22 PM
You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.
The general market have alot to do with the total amount an investment profits at the end of the day, because there were alot of inconsistent profits mergin from months to month and those who are involved in bankroll investment have such free luxury of experiencing those volatile assets returns, I have not invested in any of the casino bankroll investment mechanism before, but I am well aware of casinos invomennt features and how investors are treated by those casinos.

We have alot of such casinos that provides such services and we may lay hold of history to see how effective their service have been and records of profits pay out in the past.


Title: Re: Investing in casinos: Still a thing?
Post by: Casdinyard on March 04, 2024, 04:07:58 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
Pretty sure it's still a thing, especially in crypto casinos particularly. Even saw a particular up and coming decentralized crypto casino advertise about letting their users have a stake at the profit that the casino would receive, which is pretty much textbook investment. And while the implications are certainly great for the user I could picture these gambling maniacs just finding yet another excuse to splurge all their cash in a crypto casino, without getting virtue signaled cause now they get to tell people that they earn within the casino.

In any case, I don't think looking for casinos to invest on is something that you'd really prefer, a lot of them would choose franchising over shareholding since that brings in more money and brings their brand to a higher level of presence, and if I'm not mistaken there's only so few casinos on the stock exchange that you can put your money on, and even then you'd never really expect much of them to bring in the profit. As for bitvest, I haven't checked their whole business model just yet but I'm assuming the same business model that worked for brands in the past, not really sparking confidence if you'd ask me.


Title: Re: Investing in casinos: Still a thing?
Post by: topbitcoin on March 04, 2024, 04:35:33 PM
Everyone has the freedom to invest wherever it is, whether it's on a casino platform, crypto or something else. But I just remind that investing in casinos or other similar platforms, it has a fairly high level of risk, although the opportunity to get a profit is also quite high because at this time online gambling has become very popular and many people visit it. Investing in a casino platform is often not recommended for long-term investments. And regarding how it works, how it works is quite varied and depends on the platform itself, because each platform also has its own rules and policies. but generally when you invest in a casino platform, then you will get the return based on the performance of the casino itself. However, due to the inherent nature of gambling, where there is no guarantee of profit, so this can allow you to lose the money you invested in.

Therefore, before you go any further to start investing in a particular casino platform, try to reconsider the risks you will face.


Title: Re: Investing in casinos: Still a thing?
Post by: KTChampions on March 05, 2024, 03:17:29 PM
Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.
Bottomline is earning not as much as expected and not as fast as you will want it. And I agree, the risk to profit ratio is not really the best if you are just seeking for an investment. You'd earn a small percentage from not doing anything other than taking a share on their platform but if ever there will be an instance that the platform will be in trouble, perhaps with negative impressions from players, in this scenario, then your share will be highly affected. Same thing goes actually with being a share holder with big companies. Keyword is being just a share holder.

Being a share holder means you have no full percentage of the overall company profit. You will only have a portion of that profit, minus the maintenance and other service charges depending on what's written with your terms with them. The amount you will be earning also depends on the amount you will be putting on their platform. If you will ask successful investors of different industries, they'll more likely say that the only pros of being a shareholder is the feeling of having a business without doing anything. Having a frachise would be better but not best option to have.

That's not the point at all. In those threads that I talked about, to my surprise, many bankroll investors found themselves in the red even without any problems at the casino itself. We all know that at a distance the casino is always in the black (therefore investing in the bankroll seems like a win-win option), but sometimes the whales won large sums, so those who invested in the bankroll ended up in big minuses, from which they then took a very long time to get out.
In fact, maybe someone was lucky and, having invested in a bankroll, they found themselves at a time when the whales were losing and their investments very quickly produced income, but for some reason I have not heard of such cases.


Title: Re: Investing in casinos: Still a thing?
Post by: Eternad on March 05, 2024, 03:25:37 PM
Therefore, before you go any further to start investing in a particular casino platform, try to reconsider the risks you will face.

AFAIK, Investing on casino platform(Casino that run for a long time with regular gamblers)  is much better than defi and other investment scheme available on crypto because at has an actual product that can generate profit unlike others that is just relying to others investment money to redistribute to other investors AKA ponzi scheme.

There’s still some decent casino that offers high confidence of investment. You just need to check the casino background itself to make your investment worth it.


Title: Re: Investing in casinos: Still a thing?
Post by: Hispo on March 05, 2024, 04:34:26 PM
Therefore, before you go any further to start investing in a particular casino platform, try to reconsider the risks you will face.

AFAIK, Investing on casino platform(Casino that run for a long time with regular gamblers)  is much better than defi and other investment scheme available on crypto because at has an actual product that can generate profit unlike others that is just relying to others investment money to redistribute to other investors AKA ponzi scheme.

There’s still some decent casino that offers high confidence of investment. You just need to check the casino background itself to make your investment worth it.

Sorry, but it seems to me you are pretty much misinformed on what Defi is actually about.  :P
Defi is pretty much decentralized banking, you know, banking per se is not a Ponzi scheme and banks are businesses, so are Defi platforms. In Defi, those who invest their money get benefits because the pool where you have set your money on charges fees to those who are interested in swapping their tokens or Ethereum for others, so each time there is a swap, there is a small profit for those who have decided to lock their money in those protocols. It does not make anything to do with being a Ponzi.
Also, it depends whom you ask whether Defi is better than investing in a centralized casino, you know.
There must be people out there on the internet who feel more comfortable locking their DAI/Ethereum on Uniswap than giving their money to a casino which is legalize registered very far away from the investors jurisdiction.

Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  ;)


Title: Re: Investing in casinos: Still a thing?
Post by: taufik123 on March 05, 2024, 05:10:26 PM
-snip-
Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  ;)
Yes, these are two optional options actually, just choose which one is suitable and not affected by others.
Investing in a fairly successful casino with many members will be a good opportunity, but whether the casino opens the investment opportunity or not.

But if you choose to invest in crypto, it is not only limited to DeFi, but there are still many types of crypto that can be invested.
Buying Bitcoin, Ethereum for the long term it is also a pretty good type of investment with greater returns because the price is very volatile.

For now, I still tend to invest in crypto because I don't really understand how to invest in an online casino and how to scheme for investment.


Title: Re: Investing in casinos: Still a thing?
Post by: Marvelman on March 05, 2024, 07:08:34 PM
Kindly give the correct link so people can visit it properly https://bitcointalk.org/index.php?topic=5247587.0
Looking at the list, some of them are already shut down since long time ago (bit-exo and yolodice).

I fixed that link in my post. Thanks for the correction.


Title: Re: Investing in casinos: Still a thing?
Post by: CryptSafe on March 05, 2024, 11:32:32 PM
Investing in projects is not a bad idea and as it is now, we are in for the bull run so I think you will be on profit if you invest in new startups. I will advise you to be very alert because this is the time scam projects are in the rise.  It is bull run and the market is green which makes it more porous  for newbies to fall for scam projects. Now that you have made it public, I think you should be more careful to  responding to pm as it relates to investments so you do not get scammed.

i personally prefer to invest in reputable casinos, because after all they already have a running business and their reputation is quite good and is well known to people. compared to new startups which are still burning money and still looking for their customers. and usually during a bullrun there will be many new projects, but at the same time there will also be many projects that die after that. so i don't want to risk my money investing in a project that will die, even though it could give me a decent profit.

Of course there is nothing bad about one investing in casinos. Casinos some how is a good investment because they make a whole lot of returns on daily basis. So therefore, if anyone deems it fit investing in casino, it should be a well known reputable casino that has a good record and if one must invest in a new casino one must be sure to do their own due diligence as to avoid investing their funds in scam casinos.
If you really want a lasting investment then you should go for projects already in existence that you are very much sure of their life span and credibility.


Title: Re: Investing in casinos: Still a thing?
Post by: Hispo on March 06, 2024, 12:21:04 AM
-snip-
Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  ;)
Yes, these are two optional options actually, just choose which one is suitable and not affected by others.
Investing in a fairly successful casino with many members will be a good opportunity, but whether the casino opens the investment opportunity or not.

But if you choose to invest in crypto, it is not only limited to DeFi, but there are still many types of crypto that can be invested.
Buying Bitcoin, Ethereum for the long term it is also a pretty good type of investment with greater returns because the price is very volatile.

For now, I still tend to invest in crypto because I don't really understand how to invest in an online casino and how to scheme for investment.

Actually, investing in a casino is not rocket science, as far as I know, you are offered the chance to deposit your capital in their account and according to the volume of gamblers and the size of your stake, you start to get profit of the activity of the casino. However, your profits are also dependent on the profits of the casino in general, so in the case some gambler manages to pull off a jackpot  you could see part of your stake in the casino to be sold in order to pay those big winners.
Though, those cases would not bother me at all as a person who likes to invest in the long run, in the end, the house will always have the advantage as long as people continue to risk their money.

If some reputable casinos like Stake had the option for people to invest with them, I would definitely give them some money and see if I can also profit off their operations, though, that is very unlikely to happen. Most casinos which allow to contribute with bankroll are rather small and unknown, which is a problem.  :P


Title: Re: Investing in casinos: Still a thing?
Post by: alegotardo on March 06, 2024, 12:56:48 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

I don't think so!

In current times, I believe that no casino is in need of money from investors to sustain its operations.
Nowadays casinos are a very good source of income for owners, so "third party investment" is something that practically no longer exists.

With the current gaming provider platforms, I believe it could be more profitable for you to open your own casino than trying to invest in one that is already in operation.
Obviously, to do this you will need good technical knowledge, you may also need to establish partnerships with another person or company and a generous amount of money to invest in the domain, operating license, security and initial marketing.

Although this market is already saturated, there is still a lot of room for good casinos, especially if you choose the target countries of your potential customers carefully.


Title: Re: Investing in casinos: Still a thing?
Post by: TheUltraElite on March 22, 2024, 01:46:25 PM
In current times, I believe that no casino is in need of money from investors to sustain its operations.
Nowadays casinos are a very good source of income for owners, so "third party investment" is something that practically no longer exists.
Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.

There is also bitvest, but my personal experience has been poor there.

I would love to see more casinos rediscover this now diminishing trend. There are users here who want to be the casino rather than lose money playing on it.


Title: Re: Investing in casinos: Still a thing?
Post by: goaldigger on March 22, 2024, 02:01:44 PM
Therefore, before you go any further to start investing in a particular casino platform, try to reconsider the risks you will face.

AFAIK, Investing on casino platform(Casino that run for a long time with regular gamblers)  is much better than defi and other investment scheme available on crypto because at has an actual product that can generate profit unlike others that is just relying to others investment money to redistribute to other investors AKA ponzi scheme.

There’s still some decent casino that offers high confidence of investment. You just need to check the casino background itself to make your investment worth it.
Big casinos don't need retail investors anymore as they already have big partners where they can easily get the money.
It's actually hard to invest on the top casinos as they require certain amount for you to be considered as an investment directly on their company. Though if you know a casino who have their own coin, then you might consider it but of course you still need to analyze and know the risk because top casinos doesn't guarantee an easy profit at all because anything can happen in crypto market.


Title: Re: Investing in casinos: Still a thing?
Post by: bitLeap on March 22, 2024, 02:41:23 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.


Title: Re: Investing in casinos: Still a thing?
Post by: Solosanz on March 22, 2024, 03:22:39 PM
Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.
Seems like Freebitco.in is the most trusted, their sites has been established since 2013, it's already a decade. Although their casino wasn't exist since 2013, but at least they have a good credibility.

I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
It's different, if you leave your coins in vault, you're not gain anything.

While invest in casino bankroll, you have a chance to grow your capital, at the same time you can loss if the casino didn't earn money.


Title: Re: Investing in casinos: Still a thing?
Post by: Hispo on March 22, 2024, 04:50:30 PM
Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.
Seems like Freebitco.in is the most trusted, their sites has been established since 2013, it's already a decade. Although their casino wasn't exist since 2013, but at least they have a good credibility.

I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
It's different, if you leave your coins in vault, you're not gain anything.

While invest in casino bankroll, you have a chance to grow your capital, at the same time you can loss if the casino didn't earn money.

There is a certain thing which catches my attention about Freebitcoin in particular, you know. When I first entered that casino when I was very new into Bitcoin and Cryptocurrency in general I started to read about them in their "About Us" section. If I recall correctly, they claimed they were able to sustain their activities because they did not only profited off gambling, but also they appeared to have some Bitcoin mining operations/facilities.
If that is true, then it would be the only Bitcoin casino I have come across which does not only focus on games and betting, but also diversify their status through the mining of Bitcoin.
Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.

But to each their own, I guess. As long as they stay in the green, they would have no reason to change something which is not broken in the eyes of their gamblers.  :P


Title: Re: Investing in casinos: Still a thing?
Post by: alani123 on March 22, 2024, 10:40:05 PM
Of course it's still a thing but not that much profitable. Bivest kinda does it still, and bustabit too.

But the traffic these type of sites are getting is a bit on a downtrend given that most of the budget for gambling promotion goes to the more modern type of casino, with slots from certain providers and many live games from Evolution, Fantasma Games etc...

Overall I think the investment-based casinos are kind of in the decline. Private capital has been taking over, making games more flashy and marketable. And sponsorships keep pushing these types of casinos to wider and wider audiences so it leads to a cycle of these casinos creating even more games, even more promotion and capturing an even bigger part of the audience in the end.


Title: Re: Investing in casinos: Still a thing?
Post by: arimamib on March 22, 2024, 11:42:32 PM
~
I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
Keeping investment funds separate from gambling activities aligns with sound financial management principles. Maintaining separate storage for investment funds and gambling assets is a thoughtful approach to financial planning and risk management. Mixing investment funds with gambling introduces unnecessary risk, because the volatility and unpredictability of gambling outcomes can jeopardize long-term financial goals. Keeping these funds separate can maintain greater control over your investment strategy and minimize exposure to speculative ventures.

Safeguarding the assets in a private wallet is a commitment to personal responsibility and financial autonomy. It ensures that you retain full control over your funds without relying on third-party intermediaries, it also reduces the risk of potential mishaps or mismanagement. In investment, meticulous attention to detail is paramount for success. Even seemingly insignificant factors can have significant implications for portfolio performance. Utilizing features like the Vault in platforms such as Stake may offer convenience, but it should weigh the trade-offs carefully.


Title: Re: Investing in casinos: Still a thing?
Post by: yahoo62278 on March 23, 2024, 12:48:13 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.


Title: Re: Investing in casinos: Still a thing?
Post by: TheUltraElite on April 04, 2024, 01:47:35 PM
Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.
When it comes to investment schemes, none of the new casinos allow it. Previous casinos back in the day like YOLOdice, Just-dice and so on where accepting investments and were very much engaged in the community here for getting investors. Those days are gone now and most casinos only have their owners investing and not opening to public. Hence the ones who still accept will be a bit outdated - old is gold here.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
They are accepting like always.

And I closed my investment in bitvest in 3months, I dont what they are doing wrong, but I seem to be giving away more than what I am making there.


Title: Re: Investing in casinos: Still a thing?
Post by: Quidat on April 06, 2024, 12:10:55 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.


Title: Re: Investing in casinos: Still a thing?
Post by: ultrloa on April 06, 2024, 12:31:26 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.

Bitvest I guess they are not accepting investment anymore and I also guess they are not good to spend some amount knowing that lightlord is so busy and might there will be a trouble if they are still accepting that and Lightlord is acting like weird then their are times that he's inactive.

Also on bustabit I guess they stop accepting investment anymore and they are not offering this to anyone. I also don't see any reputable casino offering investment since maybe they don't want to get a problem on that area or get a problem with government regulation. But if you ask me I don't think its good option to invest on casino since we know that the return is so low and I don't find it worth to invest. There are more better platform to roll our money an we can get more returns there if we do wise decision regarding on picking best investments for us.


Title: Re: Investing in casinos: Still a thing?
Post by: LUCKMCFLY on April 08, 2024, 05:15:11 AM

Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.

The situation of many casinos has Changed due to the high Competition there is , Although I don't know how it is with Bitvest alone, but according to all this it is something that can be improved, we just have to put it in better programming so that they can offer the best service I consider that investing in casinos is something that can be very easy for the common human being who always looks for the best in profits, in fact investing in a Casino is not the same as Winning , and going for something safe, playing is something else because money is Constantly at risk, so I consider that casino activities can have many aspects under which they can leave money to those who Believe in the industry and especially in the casino as such, it is each person's decision to know how they can do a Investment , some have taken the initiative to Launch their own token , which also generates a lot of Money.


Title: Re: Investing in casinos: Still a thing?
Post by: carlfebz2 on April 08, 2024, 05:24:59 AM

The situation of many casinos has Changed due to the high Competition there is , Although I don't know how it is with Bitvest alone, but according to all this it is something that can be improved, we just have to put it in better programming so that they can offer the best service I consider that investing in casinos is something that can be very easy for the common human being who always looks for the best in profits, in fact investing in a Casino is not the same as Winning , and going for something safe, playing is something else because money is Constantly at risk, so I consider that casino activities can have many aspects under which they can leave money to those who Believe in the industry and especially in the casino as such, it is each person's decision to know how they can do a Investment , some have taken the initiative to Launch their own token , which also generates a lot of Money.

As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.


Title: Re: Investing in casinos: Still a thing?
Post by: Viscore on April 08, 2024, 06:33:14 AM
As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.

Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.


Title: Re: Investing in casinos: Still a thing?
Post by: Apocollapse on April 08, 2024, 06:45:20 AM
I think, no.

People nowadays choose to buy shitcoins or participate in airdrop instead of investing in casino/staking where you only earn small amount % every month.

Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.
Invest from very beginning isn't bankroll investment anymore, but you're actually own the company because your opinions can affect the development and improvement on the casino.

A successful casino who have bankroll investment will able to increase their brand ambassadors which make them have more money to advertise their sites and they can offer higher max amount to bet which will attract high roller.


Title: Re: Investing in casinos: Still a thing?
Post by: Zigabel on April 08, 2024, 08:54:09 AM
I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
Gambling it self isn't investing, this should be understood first before further thinking about how to invest especially in Bitcoin on some casinos. If you really want to get on a long term investment in a casino you should not use casinos as casinos are mainly for gambling and having fun, the investment platforms these casinos offer are mostly for the short term and not the long term and should be considered as such and never to be seen as one that can be used to store coins. Storing coins for the purpose of long term investment is usually best done with storing your asset in a private wallet like you did said but away from that you may just be risking your assets.

I'd you want to invest in cryptocurrency it's best done away from the casino because that way you would be able to be sure not to mix your money with the gambling funds and you wouldn't aswell get to gamble with funds that was ment for investing .


Title: Re: Investing in casinos: Still a thing?
Post by: Viscore on April 08, 2024, 11:08:24 AM
I think, no.

People nowadays choose to buy shitcoins or participate in airdrop instead of investing in casino/staking where you only earn small amount % every month.
That depends on the amount you'll invest. If you have a casino that is stable enough like duelbits or stake, and they offer a bankroll investment, I'm sure a lot of investors will still choose to invest rather than buying shitcoins, it's less risky and the return is consistent. You know, you can divide your investment from high risk to low risk and investing in a casino with a good reputation is considered as low risk investment.

You need a decent capital in order to earn a decent profit.


Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.
Invest from very beginning isn't bankroll investment anymore, but you're actually own the company because your opinions can affect the development and improvement on the casino.

A successful casino who have bankroll investment will able to increase their brand ambassadors which make them have more money to advertise their sites and they can offer higher max amount to bet which will attract high roller.

No, they would only get to the public and ask to invest on their bankroll if they can't attract investors. Nowadays, if you see a casino like that, you'll have to doubt if they could sustain the business because if there business has a great potential, they can easily find a private investors that will fill the necessary amount to run a liquid casino.


Title: Re: Investing in casinos: Still a thing?
Post by: KiaKia on April 08, 2024, 11:30:17 AM
It's simple, if the majority of gamblers are loss, you will earn profit. But if the majority of gamblers are in profit, you will loss.

Each casino has it's own rules about the bankroll investment, some casino ask to high minimum amount, some have commission fees, so they will deduct your profit for few % when you withdraw your investment etc.

At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
Dude, he's talking about bankroll investment, not invest in casino token, so this thread is appropriate to be posted at gambling board.
True be told, casinos makes more money from gamblers than gamblers making money from casinos, I think that this person will be a winner if he invest in casinos that are big like stake.com for example, this kinda big casinos will always make money.

I also think that this topic is fitted more in this gambling section than alt, I know that casino tokens are also altcoins but they are related to gambling and casinos, its fine here, I have never seen any related casino token topics in altcoins discussion section.

Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.


Title: Re: Investing in casinos: Still a thing?
Post by: stadus on April 08, 2024, 12:03:47 PM
Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable. Howeve, there are investors who like to see their investment growing consistently, and it could be achievable in a casino since they are winning most of the time or in a regular basis, problem is, most profitable casinos now does not offer a bankroll investment anymore, so OP are left with no option.


Title: Re: Investing in casinos: Still a thing?
Post by: mindrust on April 08, 2024, 12:09:59 PM
Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable. Howeve, there are investors who like to see their investment growing consistently, and it could be achievable in a casino since they are winning most of the time or in a regular basis, problem is, most profitable casinos now does not offer a bankroll investment anymore, so OP are left with no option.

There are a few options actually. One of them is freebitco.in which offers 4% flat annual rate. They are not sharing their exact profits with you but it is close enough. 4% annual returns on bitcoin is pretty unbeatable as a passive investment.

The other choice is blackjack.fun. I see that they let you stake your coins on their platform but I haven't tried that one out yet and it is a fairly new casino. (correction: I see they have been around since 2018) I'll probably try it out as soon as I get some sats from their campaign and report the results here.

Eearn with blackjack.fun by staking your coins. Instead of just keeping your funds on your wallet, make them work for you. You can join instantly and leave whenever you want. Rewards are distributed every hour.
This offer is limited to 20 BTC. Once the cap is reached, new players wont be able to join.

What is the concept about?

It has been our ideology from the beginning that we want to build this platform around our community. After a few ideas, we managed to create this concept, where any player can stake their wallet for an undeterminet period of time, and gain a constant flow of crypto based on the amount staked.
How it works?

To stake the amount you desire, all you need to do is to select the type of coin and then select the unit. After that you will see the amounts of returns calculated for your input. You press the “ Stake my coins” button and thats it. Every hour you will recieve back a percentage of the amount you entered. The bigger the amount the better the return. You can check the status of your investments by accesign the activity dashboard. In the investments tab you can see the invested coins and the option to disconnect from staking. In the “Earnings” tab you can see real time the income based on hours, days, and months.
Risk free investment

Yes, that is right! Your coins will not be active on the casino pool, hence they are protected from any form of danger.

It says it is risk-free but they only need 20 btc...


Title: Re: Investing in casinos: Still a thing?
Post by: livingfree on April 08, 2024, 12:31:59 PM
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable.
Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.


Title: Re: Investing in casinos: Still a thing?
Post by: Japinat on April 08, 2024, 12:43:01 PM
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable.
Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.


Title: Re: Investing in casinos: Still a thing?
Post by: Unsoldier on April 08, 2024, 12:57:14 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.


Title: Re: Investing in casinos: Still a thing?
Post by: Hypnosis00 on April 08, 2024, 02:04:56 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843


Title: Re: Investing in casinos: Still a thing?
Post by: Taskford on April 08, 2024, 03:01:35 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843

There's quiet huge risk for this especially we don't know how we can see them reputable especially for binance since recently they face a lot of issue due to some restrictions happened to them on some parts of the world and we might got an issue if our country will next to ban binance. So If I am the investor I will just let my bitcoins left stored on my wallet rather than putting it on exchange or casino since from there I can assure the safety than trying to risk on those platforms.

We all know that they are reputable but since I believe on not your keys not your coin so I guess letting our balance stake on other platform is risky action to do since we don't know how long we can't experience an issue with them since for sure there are chance that FTX schemes might happen again and to bad for us if our funds is there and same like situation will occur. To assure safety much better to leave our balance beyond our control and never gamble on an option thag give us low return but risk is so high.


Title: Re: Investing in casinos: Still a thing?
Post by: Sunderland on April 08, 2024, 03:41:35 PM
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable.
Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

Yep, cant compare apples with oranges, because by investing in Bitcoin, the owner will only make a profit/loss after exchanging the Bitcoin for cash.
And when investing in a casino, of course there will be a profit/loss calculation every month or every 3 months or even annually.

Which one is better?
It depends on the BTC price fluctuation and the casino profit/loss, so actually it is not certain which one is better, for example:
A buys bitcoin worth of $700 at $70k/1BTC and A gets 0.01 BTC, after 1 year the price of bitcoin is at $80k.
A cannot be said to have a profit if he has not sold his bitcoin at the price of $80k.

B invests in the casino for $700/0.01 BTC, in the first 6 months the casino makes a profit of 0.003 BTC.
And in the next 6 months the casino suffers losses and B investment decreases by 0.004 BTC.

After a year, A still has 0.01 BTC and B has (0.01 + 0.003) - 0.004 = 0.009 BTC
By investing in bitcoin, the amount of bitcoin will never decrease, but by investing in a casino, the amount of bitcoin could decrease if the casino experiences a loss.
Indeed, there is an opinion that in the long term, the casino will always wins, but not all casinos can be like that.
If we choose to invest in a casino that has a good reputation, lots of players, etc. It will certainly be more profitable than investing in bitcoin.


Title: Re: Investing in casinos: Still a thing?
Post by: summonerrk on April 08, 2024, 04:35:16 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

Casinos are different, and for example, there are casinos that look successful on the surface, but in fact they have many hidden signs that such casinos are doing badly. For example, such casinos reduce their promotions, do not hire show business stars, introduce additional checks and, of course, increase commissions.
If you want to invest in a casino, you need to be able to analyze all these signs for any casino.


Title: Re: Investing in casinos: Still a thing?
Post by: uneng on April 08, 2024, 04:49:45 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.
Casino bankroll investments used to be much more profitable than the interest rates offered by exchanges. If it was still a thing, many investors would withdraw their funds from exchanges where they make 4%-8% APY to make 20%+ at casinos. Unfortunatelly that is a feature which belongs to the far past of crypto universe which remains on the 2015-2016 years... The gambling industry now is totally self-sustainable and don't need money from independent investors anymore to keep their businesses running smoothly.

The industry is much more solid and consolidated in a global level than it was on those past years when crypto universe seemed more liked a limited community of people from a countryside area. The sums of money transacted and the number of people involved on such transactions has skyrocketed since then.


Title: Re: Investing in casinos: Still a thing?
Post by: carlfebz2 on April 08, 2024, 05:13:17 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.
Casino bankroll investments used to be much more profitable than the interest rates offered by exchanges. If it was still a thing, many investors would withdraw their funds from exchanges where they make 4%-8% APY to make 20%+ at casinos. Unfortunatelly that is a feature which belongs to the far past of crypto universe which remains on the 2015-2016 years... The gambling industry now is totally self-sustainable and don't need money from independent investors anymore to keep their businesses running smoothly.

The industry is much more solid and consolidated in a global level than it was on those past years when crypto universe seemed more liked a limited community of people from a countryside area. The sums of money transacted and the number of people involved on such transactions has skyrocketed since then.
Most of them are totally independent on which they could really be able to ran a business without needing any investors funds or money for them to start on. If ever they do have that capital but want to offer
such feature for some investor to be able to invest then you would really be definitely be able to say that they might be lacking or it is really just that trying to hook up and increase their overall budget or bankroll.
I do remember into those old years that there are indeed something like this as if they were opening investment to those who are interested.

Speaking about ROI then it would really be that longer but its true that this is something more better than on storing your money into the banks or even lets say you are putting up some
Staking into those low APR but come to think that in gambling house investment does have that kind of negative profits on the time that there's some whales who do make big cashouts
which it would really be causing that negative or slowing down the ROI.


Title: Re: Investing in casinos: Still a thing?
Post by: YOSHIE on April 08, 2024, 05:30:08 PM
And are there any other trusted casinos that are offering this investment? Is it a bad investment?
For me, anyone who wants to invest is a good thing, maybe it's a good opportunity if you want to do it, but for me I don't agree if you want to invest in a gambling site, it's not bad, However, perhaps many people know about the risks of online gambling sites. For me, investing in gambling sites is not that interesting.

Maybe some of the members here have indicated gambling sites that are suitable for investing, of course it all depends on the user himself, My advice is that if you have Bitcoin savings, try investing on a site that is specifically for investing, such as in the crypto market, etc., maybe I think it's better than online gambling sites.


Title: Re: Investing in casinos: Still a thing?
Post by: livingfree on April 08, 2024, 08:53:08 PM
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable.
Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.
But the performance of the casino is what the profitability of the investors are. It's not always that good although in the long run, investors of casinos and the casinos themselves are always the winners.

The same with Bitcoin but if BTC is the one that you'll use for investing on them. You have to understand that you're totally losing your custody to it because you're depositing on BTC and once you've sent it already, you have no control over it.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.
There were discussions that says that investing on them are no longer the same as profitable as BTC. But in my experience since I haven't invested on any of them, holding BTC is way more profitable.


Title: Re: Investing in casinos: Still a thing?
Post by: Woodie on April 08, 2024, 09:05:36 PM
I used to invest on bankroll of the casino in the past but the returns are not impressive. They are low and boring, most of it around 10-20% a year, which are minuscule compared to what some safe trading ideas would bring you in a month.
Low and boring indeed  ;D
But don't you think if you consider bankroll investments means you going for the safer route  here without the high risk of other options out there  ::) and besides I think this model works well for people with money sitting comfortably in their bank accounts collecting dust and don't need to be liquid regularly...

And that 10-20% per annum looks small but if you compound your investments, the profits do actually add up as compared to going for the trading route which is risky if you don't know what you doing  :'(


Title: Re: Investing in casinos: Still a thing?
Post by: Fortify on April 08, 2024, 09:13:10 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to invest in bookmakers and casinos, you're better off just heading to the stock market to find well established fiat currency casinos. The casino market in crypto has been established for a long time now and the biggest players will have large enough reserves that they won't be requiring or even interested in sharing returns with random people any more. Besides that, they are more likely to get side swiped by regulators as they can sometimes exist outside of the mainstream which makes them an easier target for takedowns. Finally, there is a higher chance of crypto companies going bust, especially newer ones which might disappear overnight with your money and little paper trail.


Title: Re: Investing in casinos: Still a thing?
Post by: beerlover on April 09, 2024, 03:55:23 AM
As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.
This is true, they do end up with that first of all, like they need to build a capital first and if they can do that then it would make sense. I believe that we are going to end up with something that could work very well for everyone and should be something that could benefit everyone as well.

I personally believe that the best way to move forward could be a situation where people could see how we could move forward as well. I am very well aware that if we are allowed to invest, and the place is trusted, then we are going to end up with a much bigger situation without a doubt, everyone would invest into that place, even more than needed in some cases. But these days most casinos have their own bankroll anyway, so they do not need it.


Title: Re: Investing in casinos: Still a thing?
Post by: Poker Player on April 09, 2024, 04:12:55 AM
Well, after seeing that there are people who have been on the forum for a long time and with great reputation who believe that it is possible to win in the casino if they give you the right "tips", I am glad to see a thread about the only real way to be able to win in the casino (in the long term): to be the owner of the casino, or as in this case, to invest in it.

In my case today, although it is not an idea that I rule out for the future, I do not consider it because the Bitcoin I have I prefer to have it myself, and not invest it for extra profitability, but it is certainly a safer way to earn money than playing roulette.


Title: Re: Investing in casinos: Still a thing?
Post by: moneystery on April 09, 2024, 04:15:53 AM
....

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.


Title: Re: Investing in casinos: Still a thing?
Post by: Hypnosis00 on April 09, 2024, 12:44:11 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

If you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843

There's quiet huge risk for this especially we don't know how we can see them reputable especially for binance since recently they face a lot of issue due to some restrictions happened to them on some parts of the world and we might got an issue if our country will next to ban binance. So If I am the investor I will just let my bitcoins left stored on my wallet rather than putting it on exchange or casino since from there I can assure the safety than trying to risk on those platforms.

We all know that they are reputable but since I believe on not your keys not your coin so I guess letting our balance stake on other platform is risky action to do since we don't know how long we can't experience an issue with them since for sure there are chance that FTX schemes might happen again and to bad for us if our funds is there and same like situation will occur. To assure safety much better to leave our balance beyond our control and never gamble on an option thag give us low return but risk is so high.

There's always a risk and that's the risk you are referring. That's why it's very important to manage the risk because anytime we can lose our money. Holding our asset in our wallet where we are the only one have access to it may safe but there's still a risk as there's no assurance that bitcoin will rise although people say that 99% it will grow in the future, we still have to consider the risk factor.


Title: Re: Investing in casinos: Still a thing?
Post by: LUCKMCFLY on April 09, 2024, 04:07:20 PM

The situation of many casinos has Changed due to the high Competition there is , Although I don't know how it is with Bitvest alone, but according to all this it is something that can be improved, we just have to put it in better programming so that they can offer the best service I consider that investing in casinos is something that can be very easy for the common human being who always looks for the best in profits, in fact investing in a Casino is not the same as Winning , and going for something safe, playing is something else because money is Constantly at risk, so I consider that casino activities can have many aspects under which they can leave money to those who Believe in the industry and especially in the casino as such, it is each person's decision to know how they can do a Investment , some have taken the initiative to Launch their own token , which also generates a lot of Money.

As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.

Well when it comes to investment I think that many people have things to do to make themselves better, for example when I am going to invest my first thought is to buy bitcoin, but when it comes to companies, casinos in particular it has to be something very clear in power. establish the profit rules, how the benefits will be and especially the percentage, because I know that there are people who really like working with companies and only trust companies, it is not a bad idea that these things are done well with companies because that It guarantees people that there is more liquidity where they can win, but basically it is difficult, the points have to be made very clear, in fact make a contract so that everything is clear, for the internal investment plans of the casinos for people, It's basically like I said, the uqe have tokens because it's something else.


Title: Re: Investing in casinos: Still a thing?
Post by: ethereumhunter on April 09, 2024, 05:07:46 PM
....
So that answers the question that investing in casinos are more profitable than investing in bitcoin.
we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.
If we talks about the safety, I think investing in bitcoin will be safety if we used private wallet and not keeping bitcoin in the exchanges or casinos. But some sites offers to people investing their bitcoin into their sites and they can gets interest, even many exchanges do this to attract more customers to their site. The important think here is if we wants to investing in the casino or the other sites, we must used money that we can afford so when there's something wrong, we will have to feel too regret. We will knows that's the risks of investing in the sites so we will not wants to gets a bigger risks. Investing in bitcoin is more profitable, especially if we can buy bitcoin at a lower price so we can wait for the time for the price increases.


Title: Re: Investing in casinos: Still a thing?
Post by: fullhdpixel on April 09, 2024, 05:18:22 PM
we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.
When we invest on a casino, our fate relies on them or how the owner run its casino but when investing in Bitcoin, all will be up to us. It is said that casinos are always profitable but despite of it, there are still lots of casinos who don't last a long time. If I can compare them in cryptocurrency terms, they are like the meme coins due their risk and reward ratio. Bitcoin is more stable but the growth of our money can only be slow as not all times there will be a bull run. In my opinion a better approach would be is to diversify, so that we still can reap each of their benefits but I would only like to prioritize Bitcoin more than investing in the casinos.


Title: Re: Investing in casinos: Still a thing?
Post by: Stepstowealth on April 09, 2024, 05:56:35 PM
we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.
When we invest on a casino, our fate relies on them or how the owner run its casino but when investing in Bitcoin, all will be up to us. It is said that casinos are always profitable but despite of it, there are still lots of casinos who don't last a long time. If I can compare them in cryptocurrency terms, they are like the meme coins due their risk and reward ratio. Bitcoin is more stable but the growth of our money can only be slow as not all times there will be a bull run. In my opinion a better approach would be is to diversify, so that we still can reap each of their benefits but I would only like to prioritize Bitcoin more than investing in the casinos.
The diversification that would benefit OP is what he is all about. In the terms of perhaps buying stocks from a casino, if I guess right.
Cryptocurrency stocks are similar to the normal company stocks we know about and basically because the gambling company is registered and has official license to operate, it makes them qualify as a company and thus has stocks that can be invested in with good dividends to be earned.
 Even if at all, our OP isn't at all familiar with the stock market, perhaps using online brokerages or some good notable trading platforms with access to stock exchanges where these securities are listed would be a better option.


Title: Re: Investing in casinos: Still a thing?
Post by: mindrust on April 09, 2024, 06:11:29 PM
The other choice is blackjack.fun. I see that they let you stake your coins on their platform but I haven't tried that one out yet and it is a fairly new casino. (correction: I see they have been around since 2018) I'll probably try it out as soon as I get some sats from their campaign and report the results here.

I've done my research and staked my campaign earnings on blackjack.fun.

Here are the results:

https://www.talkimg.com/images/2024/04/09/VxNg2.png https://www.talkimg.com/images/2024/04/09/VxsFP.png


They pay hourly for your sats you which stake on their casino and the rate is 15% annually. It is huge compared to freebitco.in's 4% daily compounding annual rate. To be honest I am kind of skeptical about this because it sounds too good to be true. I am not sure if the 15% returns on btc are sustainable. As I pointed out in my earlier post, this offer is only limited to 20 btc so that means they'll be paying 3 btc interest for that 20 btc every year.

What do you think about it?


Title: Re: Investing in casinos: Still a thing?
Post by: Nwada001 on April 09, 2024, 06:43:46 PM
They pay hourly for your sats you which stake on their casino and the rate is 15% annually. It is huge compared to freebitco.in's 4% daily compounding annual rate. To be honest I am kind of skeptical about this because it sounds too good to be true. I am not sure if the 15% returns on btc are sustainable. As I pointed out in my earlier post, this offer is only limited to 20 btc so that means they'll be paying 3 btc interest for that 20 btc every year.

What do you think about it?
I think it's very much possible for them to hold onto this. This amount that people are staking is going to be locked for the agreed period of time, which means they can use that money to pay winnings and also attract VIP gamblers to their casino. 
 
There is profit in casinos, and they can make enough to cover up those staking rewards. That's what I think, and if it's too big for them to handle, they will have to limit and reduce the maximum amount that anyone can stake, or they can just end the staking programme in order not to cause any damage to their casino due to them not being able to keep to their own side of the deal. 
 
For casinos, a 15% annual staking reward is very possible and reasonable, in my opinion.


Title: Re: Investing in casinos: Still a thing?
Post by: OgNasty on April 09, 2024, 06:48:58 PM
They pay hourly for your sats you which stake on their casino and the rate is 15% annually. It is huge compared to freebitco.in's 4% daily compounding annual rate. To be honest I am kind of skeptical about this because it sounds too good to be true. I am not sure if the 15% returns on btc are sustainable. As I pointed out in my earlier post, this offer is only limited to 20 btc so that means they'll be paying 3 btc interest for that 20 btc every year.

What do you think about it?
I think it's very much possible for them to hold onto this. This amount that people are staking is going to be locked for the agreed period of time, which means they can use that money to pay winnings and also attract VIP gamblers to their casino.
 
There is profit in casinos, and they can make enough to cover up those staking rewards. That's what I think, and if it's too big for them to handle, they will have to limit and reduce the maximum amount that anyone can stake, or they can just end the staking programme in order not to cause any damage to their casino due to them not being able to keep to their own side of the deal.
 
For casinos, a 15% annual staking reward is very possible and reasonable, in my opinion.

I don't know if I agree with your line of thought.  If a casino has to pay 15% interest to attract funds you have to wonder why they would do this.  Are they in such need of capital that they're willing to pay a 15% rate to lenders in order to obtain this capital?  That's how it seems to me.  So I'd ask the question...  If their business is going so well, why are they paying 15% interest on loaned funds and if they need to do that to stay afloat, how are they able to make a profit with this additional expense?  It's easy to look at it from your perspective and say 15% > 0% but I think if you looked at it from the perspective of the casino, you'd realize that it's a desperation move to stay alive, not a reward because they're doing great.

If Stake offered an investment opportunity I might take them up on it because I know they make a fortune, but I couldn't imagine risking my hard earned BTC to earn such an obviously unsustainable interest rate nor would I expect to ever see Stake or any profitable business offer it in the first place.


Title: Re: Investing in casinos: Still a thing?
Post by: mindrust on April 09, 2024, 07:21:46 PM
I think it's very much possible for them to hold onto this. This amount that people are staking is going to be locked for the agreed period of time, which means they can use that money to pay winnings and also attract VIP gamblers to their casino.
 
There is profit in casinos, and they can make enough to cover up those staking rewards. That's what I think, and if it's too big for them to handle, they will have to limit and reduce the maximum amount that anyone can stake, or they can just end the staking programme in order not to cause any damage to their casino due to them not being able to keep to their own side of the deal.
 
For casinos, a 15% annual staking reward is very possible and reasonable, in my opinion.

That's what I think too. I am not sure if I agree with you on that 15% annual being sustainable as I don't know how much money they make but I do agree with you that they can stop offering these rates any moment they want.

I don't know if I agree with your line of thought.  If a casino has to pay 15% interest to attract funds you have to wonder why they would do this.  Are they in such need of capital that they're willing to pay a 15% rate to lenders in order to obtain this capital?  That's how it seems to me.  So I'd ask the question...  If their business is going so well, why are they paying 15% interest on loaned funds and if they need to do that to stay afloat, how are they able to make a profit with this additional expense?  It's easy to look at it from your perspective and say 15% > 0% but I think if you looked at it from the perspective of the casino, you'd realize that it's a desperation move to stay alive, not a reward because they're doing great.

If Stake offered an investment opportunity I might take them up on it because I know they make a fortune, but I couldn't imagine risking my hard earned BTC to earn such an obviously unsustainable interest rate nor would I expect to ever see Stake or any profitable business offer it in the first place.

You are right to be worried but this casino isn't really new in the business. I see that they have been around since 2018 and I am not sure if they'll harm their reputation like that. If it becomes an issue, they will probably cancel the offer.

Both of you didn't make any comments on the 20 btc limit. It matters imo. They put a limit on it. (that 20 btc is not for per person as I understood, it is the total amount they want to borrow) It is not like they say "hey bring us 1000 btc and get 1150 btc next year!!!"

Let's say the casino is making 50 btc in profits annually, (I am pulling the number from my azz) then the 3 btc interest they pay on that borrowed 20 btc is not going to be a problem, but then OG's point stands. If they make so much money, why are they paying such high rates? They shouldn't be borrowing any coins.

I am trying to come up with an answer that makes sense maybe I should ask these questions in their official topic.


Title: Re: Investing in casinos: Still a thing?
Post by: Nwada001 on April 09, 2024, 07:29:24 PM
I think it's very much possible for them to hold onto this. This amount that people are staking is going to be locked for the agreed period of time, which means they can use that money to pay winnings and also attract VIP gamblers to their casino.
 
There is profit in casinos, and they can make enough to cover up those staking rewards. That's what I think, and if it's too big for them to handle, they will have to limit and reduce the maximum amount that anyone can stake, or they can just end the staking programme in order not to cause any damage to their casino due to them not being able to keep to their own side of the deal.
 
For casinos, a 15% annual staking reward is very possible and reasonable, in my opinion.

I don't know if I agree with your line of thought.  If a casino has to pay 15% interest to attract funds you have to wonder why they would do this.  Are they in such need of capital that they're willing to pay a 15% rate to lenders in order to obtain this capital?  That's how it seems to me.  So I'd ask the question...  If their business is going so well, why are they paying 15% interest on loaned funds and if they need to do that to stay afloat, how are they able to make a profit with this additional expense?  It's easy to look at it from your perspective and say 15% > 0% but I think if you looked at it from the perspective of the casino, you'd realize that it's a desperation move to stay alive, not a reward because they're doing great.

If Stake offered an investment opportunity I might take them up on it because I know they make a fortune, but I couldn't imagine risking my hard earned BTC to earn such an obviously unsustainable interest rate nor would I expect to ever see Stake or any profitable business offer it in the first place.
I understand the point where you are coming from; that move could also be considered a desperate move. On the other hand, it could also be seen as another means to have some reserve funds in case of anything. A 15% annual reward looks fair to me, but it can also be looked at as a desperate offer because it is one of its kind. 
 
Aside from looking at it from the angle of them using those loan funds (staked funds) to stay in business, they can also be using that money for other forms of investment under the same umbrella.
 
 
We really never can tell, and for a casino company that might have been existing for years now but is not that popular for the main time might need little hand in terms of funds in order to keep their maximum winnings or withdrawals on the high side and meet up with their competitors, this staking with a higher reward (15% annually) might also be another marketing means to bring in people to the casino.


Title: Re: Investing in casinos: Still a thing?
Post by: fikrett on April 10, 2024, 12:26:51 AM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

Investing in a casino's bankroll, like with Bitvest or Bustabit, is a unique blend of crypto investment and gambling. Essentially, you're betting on the casino's overall success by sharing in profits (and losses) from the house edge. It's intriguing but carries its own set of risks, much like any investment, especially considering the volatile nature of cryptocurrencies and the gambling industry. Personally, I think it's an option worth exploring for those comfortable with high-risk investments and who have done their homework on the platform's credibility. Just remember, it's crucial to approach this as part of a diversified investment strategy to manage risk effectively.


Title: Re: Investing in casinos: Still a thing?
Post by: joniboini on April 10, 2024, 12:34:02 PM
We really never can tell, and for a casino company that might have been existing for years now but is not that popular for the main time might need little hand in terms of funds in order to keep their maximum winnings or withdrawals on the high side and meet up with their competitors, this staking with a higher reward (15% annually) might also be another marketing means to bring in people to the casino.
I wonder how much money is required to run a casino sustainably, but I believe a good casino platform doesn't need a lot of money to run and expand its products. I'm also a bit wary of any casino or platform that offers ludicrous investment deals and use it as their main expansion source. If they've been on the market for years, then they should run more marketing campaigns to grow and try to offer more unique products if they want to expand, not relying on an investment product which should be a secondary product of a casino. Shouldn't they get a lot of profits since they usually have a better edge compared to the players? Do shed light on this since I'm not familiar with the ins and outs of a casino business. Judging from how casinos run signature campaigns on this forum over the years though, I get the impression that investment from players are not their main driving force.


Title: Re: Investing in casinos: Still a thing?
Post by: ultrloa on April 10, 2024, 12:54:27 PM
We really never can tell, and for a casino company that might have been existing for years now but is not that popular for the main time might need little hand in terms of funds in order to keep their maximum winnings or withdrawals on the high side and meet up with their competitors, this staking with a higher reward (15% annually) might also be another marketing means to bring in people to the casino.
I wonder how much money is required to run a casino sustainably, but I believe a good casino platform doesn't need a lot of money to run and expand its products. I'm also a bit wary of any casino or platform that offers ludicrous investment deals and use it as their main expansion source. If they've been on the market for years, then they should run more marketing campaigns to grow and try to offer more unique products if they want to expand, not relying on an investment product which should be a secondary product of a casino. Shouldn't they get a lot of profits since they usually have a better edge compared to the players? Do shed light on this since I'm not familiar with the ins and outs of a casino business. Judging from how casinos run signature campaigns on this forum over the years though, I get the impression that investment from players are not their main driving force.

Don't see an updated article about that but lets make this article as a basis https://www.gamblingnews.com/blog/how-much-does-it-cost-to-open-a-casino/

Also maybe people plans to operate this needs more since a lot of factors need to consider since a lot of funds needed especially if you need to have good marketing campaigns to introduce your casino and funds for casino winners is needed so people will never get an issue when claiming their price. Lastly the money to spend for prize for contest you held since this is needed to make your casino attractive or competitive to other casino. A lot more need to look after and for sure that to be successful on this business those casino owners need also to spend a lot of money to catch the interest of people.


Title: Re: Investing in casinos: Still a thing?
Post by: Mia Chloe on April 10, 2024, 01:01:37 PM
Op , in my opinion I think your post isn't very discreet in it's idea or info. This is because investment making is totally different from making a deposit. If as a gambler you move some crypto or fiat to your gambling account or casino account , you should not consider such funds or coins as an investment. This is mainly because that amount was moved there with the motive of spending it probably on bets and stakes.
A real casino investment on the other hand should be something like buying shares or stocks from the casino company of which dividend in form of a sort of passive income is generated via your investment as long as the casino continues to progress and make profit. A non gambling addict should not view gambling deposits as an investment to prevent consecutively losses and even costly mistakes.


Title: Re: Investing in casinos: Still a thing?
Post by: joniboini on April 10, 2024, 01:14:56 PM
Also maybe people plans to operate this needs more since a lot of factors need to consider since a lot of funds needed especially if you need to have good marketing campaigns to introduce your casino and funds for casino winners is needed so people will never get an issue when claiming their price. Lastly the money to spend for prize for contest you held since this is needed to make your casino attractive or competitive to other casino. A lot more need to look after and for sure that to be successful on this business those casino owners need also to spend a lot of money to catch the interest of people.
That's some interesting figures, so for online casino, we can expect anything between $100k to $3 million then? Maybe any casino owners can give some input on this but those figures sound big that I doubt any smart business owners would just start their business and expand it without any spare funds and rely on secondary products like investment from the players. Maybe I'm wrong and the cost to expand is actually small, but then you have to wonder why they'd need to offer high rates for its customers to begin with. I'd feel more at ease if their profit-sharing option is not that aggressive.


Title: Re: Investing in casinos: Still a thing?
Post by: FinneysTrueVision on April 11, 2024, 04:48:40 AM
There are a few options actually. One of them is freebitco.in which offers 4% flat annual rate. They are not sharing their exact profits with you but it is close enough. 4% annual returns on bitcoin is pretty unbeatable as a passive investment.

If somebody is going to invest in a casino, having a flat rate is better than having a variable rate that can even be negative depending on the performance of the casino. In my previous experience of investing in YOLOdice’s bankroll, I lost a lot of Litecoin because a whale who was betting thousands of dollars per roll was winning at an unusually high rate.

YOLOdice used to allow investments with leverage, which meant your profits and losses would be multiplied. For those with higher leverage, the losses were really massive. The casino shutdown shortly thereafter, leaving investors without the opportunity to recoup their investment.


Title: Re: Investing in casinos: Still a thing?
Post by: danherbias07 on April 11, 2024, 05:06:28 AM
The other choice is blackjack.fun. I see that they let you stake your coins on their platform but I haven't tried that one out yet and it is a fairly new casino. (correction: I see they have been around since 2018) I'll probably try it out as soon as I get some sats from their campaign and report the results here.

I've done my research and staked my campaign earnings on blackjack.fun.

Here are the results:

https://www.talkimg.com/images/2024/04/09/VxNg2.png https://www.talkimg.com/images/2024/04/09/VxsFP.png


They pay hourly for your sats you which stake on their casino and the rate is 15% annually. It is huge compared to freebitco.in's 4% daily compounding annual rate. To be honest I am kind of skeptical about this because it sounds too good to be true. I am not sure if the 15% returns on btc are sustainable. As I pointed out in my earlier post, this offer is only limited to 20 btc so that means they'll be paying 3 btc interest for that 20 btc every year.

What do you think about it?
I like it.
I didn't know blackjack.fun has that kind of feature and I appreciate you sharing it with us. Now, I am thinking about doing the same thing because I have been trying to find a gambling site where investments are one of the options and I think this is it. After Yolodice, I cannot really find anything but freebitco.in only and have been looking hard for more.
Hourly stake rewards. I think it's fair enough. I mean better than doing faucets (if they still exist) and I know the reputation of the gambling website that was mentioned was one of the trusted ones here in the forum. Plus, since Bitcoin's value keeps on growing I guess it's a win for investors who want to keep their BTC intact and let it accumulate more.

Again. I thank you for this and see you there.


Title: Re: Investing in casinos: Still a thing?
Post by: pinggoki on April 11, 2024, 05:48:19 AM
They pay hourly for your sats you which stake on their casino and the rate is 15% annually. It is huge compared to freebitco.in's 4% daily compounding annual rate. To be honest I am kind of skeptical about this because it sounds too good to be true. I am not sure if the 15% returns on btc are sustainable. As I pointed out in my earlier post, this offer is only limited to 20 btc so that means they'll be paying 3 btc interest for that 20 btc every year.

What do you think about it?
I've forgotten about this thread and I got to say that whomever bumped this thread, I thank you because I wouldn't have seen this post, I would definitely try this one out, I'm so crazy with my spending right now and I think that it's worthy that I have to put in some way to make some passive income so I won't zero out in terms of money, I don't like the idea that I'm going to be spending on stuff while not making any profit or just not spending anything because I've made it all back due to my investment, I'm going to ignore the part that you're promoting them though, I just trust you that it's a good investment, don't worry too that I'm investing too much, I'm definitely not going to do that and any amount is probably negligible that I can afford to lose it.


Title: Re: Investing in casinos: Still a thing?
Post by: rdbase on April 11, 2024, 10:53:07 AM
It's always nice to ask.
Actually, you gave out a piece of good information too. I didn't know Bitvest is accepting investment and I had never checked their gambling site for a long time, I think ever since @lightlord was on hiatus.
Investment in gambling sites is a good thing. Another site that I know is Yolodice but they are gone now thankfully they did warn all their players and investors to pull their money at the given time span.
That is the key to this. Trust and reputation. Because you are lending your money to them and they are going to use it for their business, there must be an assurance that their business will be long-term.
Is it still a thing right now? With the growing numbers of gamblers, I don't think they need an investor/player anymore. They just need to squeeze that house edge profits to make their company bigger.
I think freebitco.in also has an investment thing. I always receive their e-mail about it but I don't have any balance in my account there. You can check it out if you want. Just press the signature space of any forum member who is wearing it and you will be redirected to their legitimate site. Just for added security so you will avoid phishing.
As soon as someone from way back on here mentions bankroll investments on a gambling site you instantly think of yolodice. There were threads about players journeys into those casino investments.
But I think those have long died now.

Having a site offer a high percent above 5% back on investment is very hard to believe.
Because they are highly unlikely sustainable beyond that if players are depositing 20btc even as a limit.


Title: Re: Investing in casinos: Still a thing?
Post by: KTChampions on April 11, 2024, 11:12:37 AM
You are right to be worried but this casino isn't really new in the business. I see that they have been around since 2018 and I am not sure if they'll harm their reputation like that. If it becomes an issue, they will probably cancel the offer.

Both of you didn't make any comments on the 20 btc limit. It matters imo. They put a limit on it. (that 20 btc is not for per person as I understood, it is the total amount they want to borrow) It is not like they say "hey bring us 1000 btc and get 1150 btc next year!!!"

Let's say the casino is making 50 btc in profits annually, (I am pulling the number from my azz) then the 3 btc interest they pay on that borrowed 20 btc is not going to be a problem, but then OG's point stands. If they make so much money, why are they paying such high rates? They shouldn't be borrowing any coins.

I am trying to come up with an answer that makes sense maybe I should ask these questions in their official topic.

This project is not new for BTT either - a couple of years ago they had a signature campaign and if I remember correctly, the conditions were above average (something around $100 a week).
As for the generosity of the conditions of their investment program, the whole point is in the limit. In fact, they limit their spending to 3 BTC, while they receive 20 BTC in circulation and additional attention/advertising due to such generous conditions. It seems to me that for any living business spending 3 btc per year is a trifle.


Title: Re: Investing in casinos: Still a thing?
Post by: mrust_mobile on April 11, 2024, 05:11:47 PM
I have made a guide on every casino I know which offers crypto investment. The one tsaroz made is pretty outdated.

[GUIDE] Best Crypto Investment Opportunities for Passive Income -2024 (https://bitcointalk.org/index.php?topic=5492449.0)


Title: Re: Investing in casinos: Still a thing?
Post by: betswift on April 11, 2024, 08:07:41 PM
I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?

Investing in a crypto casino is works differently from traditional investment methods. Websites like Bitvest, Bustabit, and Bustadice offer users the opportunity to invest in the casino’s bankroll.
You put your crypto in the site’s bankroll, and when the casino profits, so do you. But when a big winner comes along, your crypto takes a hit too.
So your earnings will depend on the house edge and the total bets placed.

Is it a bad investment? Well, it can be fun and rewarding, or not :D.
It’s risky, unconventional, and certainly not for the faint of heart. But on other side you might just find yourself the king of the crypto-casino hill. Just remember, never invest more than you can afford to lose!