Small investment only made small profit if you have put faith on spesific site which I'm consider unworth for your time and bitcoin.
Small investment only for people who want to test out site's profit summary before invest bigger amount, IMO
If you want to made big profit, you need made a big investment ( dare to take the risk or nothing at all ! )
Small investments can work because in gambling winning chances are low so you don't have to face a big loss in case of loosing a bet, the more you invest the more you lost. Though investing small amounts gives small profit but it's good for a gambler if he don't want to loose big amount. Good input on investments versus gambling. Though we should really consider that gambling is a chance of winning or losing. You get to try to win or not, and if you lose you lose 100% your bet. In investment you lose only a portion of it and not really the entire investment you put in. Also, there is a higher chances of losing all the money in gambling than investments. |
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This is really a dangerous game you're playing OP. I've tried this in college and lost a lot of funds on this style. Especially if you are betting on different leagues and teams. It is like using martingale on different casino games every bet. Well, I wish the best of luck to you, but be careful, if you get a long losing streak then you'll for sure won't be able to fund the amount of bets you need.
have you seen the graph provided by OP? Does this show dangerous? If you can see he bet and have a continous losing streak but in just one win he is back in track again with profit. This is much better than using martingale method in dice. You are a young and stupid fool that think that you'll win something out of martin gale! Wherever you use that system you'll lose in the end. Why? Because martin gale system is profitable, that is undisputed. But the fact of the matter is, martin gale system assumes that you have unlimited funds to gamble with. Which means that you need to fund you bets even if you have lost a thousand times! I don't think anyone has an unlimited amount of funds to really use martin gale effectively. |
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Humble Bundle and Steam accept bitcoin. If you're looking for specific games that will take Bitcoins to get things, CS:GO is a good one. You can use your Bitcoin to purchase skins in the game. Also, there's many places to bet on games. Such as Nitrogensports in my sig
Is the trading for skins on CS:GO for bitcoin an active market or are people mainly using fiat to purchase the skins? I've been hoarding quite a few stuff lately and some extra bitcoin is always welcome! Not as far as I know, I do think you can sell you skins on G2A and have the option to withdraw your money to Bitcoins. I haven't tried it yet though. Not sure if that is what OP is looking for. Maybe he is looking for an online game like WoW, Ragnarok, League of Legends, DotA 2, etc. kinds of games to use bitcoins in. Not really purchase games. So far I don't think there are any online games that accepts bitcoins yet. Though I think it is a great idea to have one as bitcoin is the new online currency. |
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You can keep growing it by investing it in a profitable venture and watch them grow. You can likewise buy something that'll lady forever with it so you can point to it that this is what I hit from my winnings else you might spend it without realizing.
If I get lucking gambling, this is what I'll do with my money. It's really important that we don't consider our money as a quick money and we should just spend it quick too. We have to think about the future and try to grow whatever we have. If we don't then there is no point in having that money and blowing it up in one night. |
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Nice challenge, I really like seeing these attempts, in sports betting. Defining bankroll, betting stake, sports and setting a goal.
I jut have one question. How many of your bankroll you will expose when you bet? I know it's 2% per bet, but if you make a lot of bets, you could expose a very big % of your bankroll. Do you have that in mind, or since it's all or nothing, you just don't care about that?
He'll probably just raise the stakes every time he wins the games he bets on. The more money he'll be gambling with means the more money he'll be betting since he uses a percentage of the whole bankroll. Though, I'd still like to know why he stated double or nothing. Double or nothing means that you bet the whole amount, whether it wins or not that is what we have to see. |
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So basically, they are saying that luck favors the rich. That is really baseless in my opinion. Luck cannot be affected by how rich you are or where you live or what race you are. The dice will roll the same regardless of any factor. Unless the casinos are cheating everyone else but the top 5 on the list, then we can assume this is correct.
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Does anyone know of a company that sells Bitcoin odds feeds?
If you meant by comparing the odds of different bitcoin sportsbook on the same match like the nba then go visit bitedge they offer this service for free but they only cover a few sportsbook. If you want to bet with lesser juice go to a betting exchange like fairlay. If I'm not mistaken, is he looking for an odds to do sports arbitrage? If not, I believe that odds comparison is not important anymore because it's easy to find a site that offers great odds. There is a competitive market in sports betting nowadays hence sportsbook always consider giving a competitive odds to attract sports bettors like us. I guess that is what he wants to do. I believe there have been plenty of services that are offering sports arbitrage betting on their sites and you get information on what to bet and how much you will bet. Though be careful with sports arbitrage, there have been instances that sports books lock the accounts of people doing this as there are more sports books that are against this than the ones that allows it. |
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I wonder how you do your research if a gambling site is scam or not?
I don't experience that so far every time I do gambled in the gambling sites. Perhaps, the only idea I could say about it to determine if the gambling was a scam site is if you deposit an amount in the bankroll but cannot start play in the games, it means you've been scam by the gambling sites because the site ate your capital investment. That's a really blind and unreliable way to check the site though. Yo are saying that you have to blindly deposit an amount into the casino to see if you will be able to withdraw? What if they were legitimately taking deposits and letting you play for a while but after some time when they got their target investments from gamblers and investors. The answer to this thread is that it is hard to tell especially if the casino has been there for quite some time already. |
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According to my consciencement, Coinroyale.com is the biggest and best ever in which you can invest and gamble your bitcoins. You will also get 100% bonus upon your first deposit when using code WECOMEBTC. They let you cashout fast. Although, there is a small risk involvement in it.
It looks like OP is asking to invest in gambling bankrolls not to gamble. Not only coinroyale, but most of the casinos are also giving these 100% bonuses for your first deposit. But gambling is very risky compared to investing on those casino bankrolls. I choose to invest on few good casino bankrolls than just putting my money on any one site. Either you directly gamble with your money or invest in any casino bankrolls the risk of loosing money will always follow you as you never know how long that casino sites will survive and how long they will keep on sharing profits with you and that makes it an very risky affair so I would surely prefer not to invest my my neither in gambling nor in casino sites. If you think is this way then you can't invest your money in any product because your theory applies to them as well. So you can't grow your money if you don't invest. If you consider most safe investment like gold also give you give sometimes losses so you should properly diversify your funds into different products like. Some in real estate, shares, bitcoins, casino bankrolls, gold and etc., If you do proper diversification then you can increase your profit margins. I agree, the reason you invest is to gain profits. I think it is already know to everyone that the higher the risk the higher the potential returns. Sadly, that also includes the higher potential losses when you do invest. But if you want to grow your money, you have to take that risks and without taking it then you will not be able to gain anything sitting you money in your pocket or bank account. |
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I think these kinds of casinos do have a "know-your-customer" policy that is why they are asking for personal information. Probably the country they are operating in or their license requires such policy. But generally, if you do not agree with their rules, you can always move to another where they have lax rules regarding identifications.
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For me my favorite gambling game is to play poker, plinko, dice, roulette, and the new game I played which is bubble popping. LOL.
It's fun to play new concepts like bubblecoin, bustabit and bitkong. There is something really refreshing when you play new games and move away from the old games we usually play in casinos.
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One hundred satoshi is not much and you give it away every 30 minutes. That's really too little for a faucet. In most casinos they give from 200 to as high as 10,000 satoshis for faucet bonuses. Then they don't just give it every 30 minutes, but they actually give it as fast as 15 secs after getting the faucet. So why would people be excited with your faucet program?
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Hi guys i just want to share my experience in gambling which is i am still playing since january but never made any profit with this game.. any other tricks settings and methods are already tried but still now never made any profits.. What you can suggest to me i will still continue to gamble in dice game with other methods or just stop gamble..  You can trick gambling website where you could lose if you try to trick it there no method on how you are going to win the game you will gonna figure it out by your self when you analyze the game before and after betting you will see and know how to win also control your temper on gambling if you don't feel playing gambling you should stop and then play in another day. There is now way you can trick the casino or the gambling site. They are actually the one tricking you that the system can be cheated. In reality there is no way you can cheat the system and it is actually the reverse. The system can cheat your rolls and show the losing one. That is why there are more casinos that win vs players winning against the casinos. |
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There is one main rule that everyone has to apply when it comes to gambling.
PLAY WITH WHAT YOU AFFORD TO LOSE
It should be mainly for fun. However if I get x3 of what I started with then that's my stop sign.
though the fact that you will play with the money that you can afford to lose does not matter that you will quit at the right time, most probably you wouldn't quit at all until you lose everything you deposited. For me I don't play anything gambling any more, but when I used to do it I tried to double the bitcoins at least and then withdraw it all without risking any more. Actually we have a good chance to win but we have to effectively execute our game plan in gambling, temptation is always there which would lead us to push our luck when winning and chase our loses when losing, both shows signs of greediness and immaturity in gambling which will lead us to loses sooner or later. It takes discipline for us to stop at the right time, just like trading, we do timing because that is everything we need. Gambling without a game plan or failure to implement the game plan is tantamount to just wasting your money. Yeah, that's what strategy is all about. The usage of different settings in betting (when playing dice) with different multipliers that maybe can eventually make you a winner. That's the best thing that can happen to you. Don't necessarily put everything you have in gambling, there's always a risk on it. Be careful. Well thats already a given. Even if we formulate all these strategies, i think the best way is still to have a plan of how far you'll go about gambling. We can't really have a good way to predict results whatever we do because luck and chance plays a big part with gambling so we can only do something about those aspects that we can control, and that starts with ourselves and our emotions I agree, if you don't plan on when to stop, in the end you will just lose everything you earned from your activities. This will be called being greedy and not know when to stop or not setting a time to stop is not wise. Because statistically, you will lose in the long run. If you already won in the short run, then just walk away with those winnings. Don't wait for the long run. |
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I think the prices are on correcting again, similar to what happened in january where the prices dropped from $1,100 back to $750. But I don't expect to see the prices drop below $1,000 again. This may also be brought about by the correction due to the hype that happened because of the ETF. So maybe it is coming back to it's non bloated levels.
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bitcoin is long time in curency, ETF aprove or disaprove bitcoin still work
but if ETF, SEC and PBOC legalcy bitcoin, bitcoin can strong and very long time curency, and bitcoin price can incraese very high
It was never about the ETF or any governing agency! Bitcoin was never a currency in the first place. It was just coin that way but in reality there will be no jurisdiction in the world that would recognize Bitcoins as a legitimate currency. This is because a currency, by definition, is a tender of payment that is backed up by gold or a country. Which bitcoin is neither. |
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I consider myself as young (and stupid lol), but I would say that I will never go all in on bitcoins. Bitcoins is so volatile that it could even go down the moment something really negative comes around. Having all you money in something as dangerous as bitcoins could lead to bankruptcy in any person investing everything in it. Like every other investor would say, "don't put all your eggs in one basket."
You are not putting them all in Bitcoin (all of your effort your entire life), the idea is a temporary all in where your free money will go to Bitcoin as investment. If you really read what op wants to tell us, this is not for people who already have financial responsibilities to their family instead this goes to students that are still dependent to their parents. So as I said this advice is not for all but for those who are still dependent to their parents with no financial reponsibility. And this is to hold BTC at a long time not just to daytrade it. Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
But think about it, if you are still dependent then that means you're actually not yet earning that much too. If you invest everything then that will be just a small amount compared to young professionals earning a living already. If for example, you are a student, you just live off your allowance and you save around $100 a year and invest that all in bitcoins. Prices go up by 100 times by 10 years, that means the value of your money is not enough to retire. |
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Well I am not a kid anymore, saving for fun is not an option anymore for adults. I am saving bitcoins for future using and for investments. Bitcoins grow by 100% per year and that is a good investment. Even if it drops by 50% today I would still be safe as I've been saving since the prices were still at $200.
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I consider myself as young (and stupid lol), but I would say that I will never go all in on bitcoins. Bitcoins is so volatile that it could even go down the moment something really negative comes around. Having all you money in something as dangerous as bitcoins could lead to bankruptcy in any person investing everything in it. Like every other investor would say, "don't put all your eggs in one basket."
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I think there is no point if it is tainted or not. There have been thousands of bitcoins that haven been stolen, and for sure everyone of us has held a fraction of those stolen bitcoins in our lifetime. This is because bitcoins do circulate and there is no telling where each portion came from. It is possible to trace but it is impractically and just a waste of time.
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