These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.
CryptoGames seems to be showing pretty consistent results without abrupt declines. I think this is what we should expect on average from house edge coupled with proper management of the bankroll. I'm more interested why the two outsiders in the review are not giving any profits. I mean Satoshi Dice and MoneyPot. gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.
Wrong. It is pure luck minus house edge for the gamblers, and plus house edge for the casino and investors in its bankroll I think Satoshi Dice and Moneypot could not get the betting volume with regards to the size of their bankrolls and thus were flat. Moneypot had a real good profit in the past, if you was there some months before then you would have doubled your investment, also know that things like that can be easily checked. At http://eeeth.com/mpstats/ when you tap the waggered button you can see that it's a straight Line which makes your statement untrue i think Well it went 3 months and had little to no variance with the Bitcoin Gambling Investment Experiment and was slightly negative. So the fact is that is was a poor investment over that period. |
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These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.
CryptoGames seems to be showing pretty consistent results without abrupt declines. I think this is what we should expect on average from house edge coupled with proper management of the bankroll. I'm more interested why the two outsiders in the review are not giving any profits. I mean Satoshi Dice and MoneyPot. gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.
Wrong. It is pure luck minus house edge for the gamblers, and plus house edge for the casino and investors in its bankroll I think Satoshi Dice and Moneypot could not get the betting volume with regards to the size of their bankrolls and thus were flat. |
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You need to explain this better - I do not understand what you are offering exactly?
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Coinbet24 is the WORST bitcoin sportsbook. Randomly limiting winners, too low bet limits, no support.
This is a bit scary - so people get limited for betting too much? Then you have no chance of getting the bonus, that seems a bit unfair... No one off course gets any limits for winning. This would be crazy. Some win, some lose. That is the nature of the game. Only you may get limit, if you main purpose is arbitrage betting (surebetting). Ok that makes sense. |
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Coinbet24 is the WORST bitcoin sportsbook. Randomly limiting winners, too low bet limits, no support.
This is a bit scary - so people get limited for betting too much? Then you have no chance of getting the bonus, that seems a bit unfair... |
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I think Coinbet24 has the best bonus and it is realistic to roll over (compared to Cloudbet).
I also enjoy the lines they have. Personally I would rate it higher than what you have on the front page.
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Up again!
Yeah definitely up still. Seems to go down every now and then. I assume a DDOS attack or the server is down... |
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I think the site is down right now?!
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Can you send me to the FAQ page that explains the bankroll Investor details further?
I can't directly link to the details, but about 3/4 the way down the help tab there is the explanation of our investor system. I've quoted it below, but there are some extra details upon hovering the terms in the help section. You may invest in the site's bankroll to earn a cut of the profits. You may also invest on margin to have a proportionally higher risk and reward on your investment.
Except for token bets, all winnings and losses are funded by, or paid to investors proportional to the size of their investment.
To support Bitvest, a fee is taken from all bets leaving the remainder of, on average, 1.15% of all Plinko, 0.75% Dice, 1.155% Slots, 1.155% Bit Spin, and 1.833% of Roulette bets paid to investors.
You may invest or divest your funds instantly at any time, and you may invest with a margin of up to 500% or 10% (2% base * 5) max risk. If you require more details, I can answer and questions you have. That is perfect - Thanks! |
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Can you send me to the FAQ page that explains the bankroll Investor details further?
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Can you share more details about the site?
What sort of background would the new owner(s) need?
How big is your team?
How much time do you dedicate to the site a week?
What are the real expenses to run the site?
How would the sale work? Escrow system? In person? Legal document in the UK?
Would you sign a non-compete?
Would you offer support to the new owner(s) over a specific time frame? If so how long?
What is the biggest problems you have faced running the site?
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3 months and 2 weeks in: Up nearly 0.2 Bitcoins over the last week. This week the potential sale of BetKing has started. This may have an impact on betting volumes and the bankroll, but only time will tell. Bitvest seems to have been a total disaster last week. If it gets removed, only three casinos will remain, and we are just 3 months into this adventure. I think it would make some sense to add more casinos and pour some money into them. As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.
I don't know why the owner of Betking is going to sell his business, but one thing that I know for sure is that if a business is profitable you can sell it for a higher price. Where else would you invest if Bitvest was withdrawn? Not a lot of good options around... |
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Congratulations to 55th Dogecoin lottery round winners:
1st place
Christy, 302000 DogeCoin
2nd place
Svetlana1122, 52850 DogeCoin
3rd place
rvzbtc, 16988 DogeCoin
Was watching this! Well done Christy!! |
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Do you have contact to the owners? Did they consider selling the business in an ICO? There is an email address in the article to contact the owner  What is an ICO? Creating a coin and selling the coins at a certain starting value. There you, well I highly doubt he would be up for that! |
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Do you have contact to the owners? Did they consider selling the business in an ICO? There is an email address in the article to contact the owner What is an ICO? |
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haha funniest scam I have seen in a while. At least no one lost money, just time
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How long does it take for my withdraw to get cleared? The site said there was no funds in the hot wallet
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