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4621  Economy / Services / Re: YABTCL.com Signature Campaign 35 Slots 0.00035 - 0.0015 per post on: December 25, 2015, 11:20:55 AM
What happened to my posts? Im sure i got 20-30.
4622  Economy / Gambling / Re: How can casinos profit from investments? on: December 19, 2015, 12:40:26 PM
But they are still loosing money, if an investor wins 1 bitcoin and they take 1% (0.01) they still have to pay him 0.99 bitcoins,

This is very weird statements. The site has nothing to lose because most of the funds will be covered by investor so the site is kind like providing service for investor and keep charging 10 % comission for free and that is totally risk free assuming that the owner of the site has no stake in bankroll

How is that covered by investors? As far as I know investors have +EV when investing in a casino so in the long term they will end up winning more money than loosing.

You have answered this yourself. If investor keep winning alot then the site will as well because the site charge percentage for commission. if a 10 % profit commission then the site take 0.1 for every 1 btc profit so the site get 0.1 btc and the investor will only get 0.9 btc. Why is this so hard for you to understand?

Because if there were no investors they wouldn't have to take any commision, they would just take the full amount of the guy who lost without having to give a percent to the investors.
4623  Economy / Gambling discussion / Re: Dice game strategy? on: December 16, 2015, 11:15:13 AM
If you believe on a strategy, you can try this strategy made by me lately

First 10 rolls on > 56
Next 10 rolls on < 44

The multiplier around 2.15

If you get negative from the 20 rolls earlier.
Mix the rolls like this.

5 rolls on > 56
5 rolls on < 44
5 rolls on > 56
5 rolls on < 44

I hope it works on you guys.

*currently i don't have a tipping jar address. Feel free to contact me if everything smoothly work  Grin

Is this for flat betting buddy? If so, how to recover our lost if we got bad losses streak in the first 10-20rolls?


What does it matter anyways? We know the strategy will be a failure. Every strategy has a point where you won't be able to recover, otherwise everyone would be making money
4624  Economy / Gambling / Re: How can casinos profit from investments? on: December 16, 2015, 11:13:46 AM
Maybe dooglus would be so kind to explain the investment system, I'm sure he would explain it very detailed, I'm still confused, people keep saying they charge fees but I don't see how that does anything
4625  Economy / Gambling / Re: How can casinos profit from investments? on: December 15, 2015, 11:09:08 PM
They can increase their bank roll to allow larger bets.They also usually keep a fee from the investors profit. That way if they profit, both parties profit. But if the investor looses, the house looses nothing.

Can someone actually explain it detailed so I can understand? Repeating stuff that has already been said is not helping me, someone use numbers and explain it to me step by step because I still don't get it
4626  Economy / Gambling / Re: How can casinos profit from investments? on: December 15, 2015, 07:29:58 PM
But they are still loosing money, if an investor wins 1 bitcoin and they take 1% (0.01) they still have to pay him 0.99 bitcoins,

This is very weird statements. The site has nothing to lose because most of the funds will be covered by investor so the site is kind like providing service for investor and keep charging 10 % comission for free and that is totally risk free assuming that the owner of the site has no stake in bankroll

How is that covered by investors? As far as I know investors have +EV when investing in a casino so in the long term they will end up winning more money than loosing.

casinos gain profit from investments thru fees, some casino takes around .5% - 1% of investors profit every xxx days/months so by that they can pay for all the site's expenses such as domain, hosting and staffs

But they are still loosing money, if an investor wins 1 bitcoin and they take 1% (0.01) they still have to pay him 0.99 bitcoins, so they are not getting any profit, they are just simply giving less money to the investor

Nope. The investors' profit does not come from the house, but from the gamblers' loss. Say if a gambler lose 1 btc, the investors will share 0.99 btc and the site will take 0.01 btc as 1% fee.

Isn't that the same? When a gambler loses the casino is supposed to get 1 btc profit but instead they get less because someone invested in the casino.
4627  Economy / Gambling / Re: How can casinos profit from investments? on: December 15, 2015, 09:25:03 AM
casinos gain profit from investments thru fees, some casino takes around .5% - 1% of investors profit every xxx days/months so by that they can pay for all the site's expenses such as domain, hosting and staffs

But they are still loosing money, if an investor wins 1 bitcoin and they take 1% (0.01) they still have to pay him 0.99 bitcoins, so they are not getting any profit, they are just simply giving less money to the investor
4628  Economy / Gambling / Re: My life in one photo... Rip on: December 14, 2015, 09:39:41 PM
Sorry for your loss, but then again, that's the risks you take when you're gambling.
It's never a good idea to gamble with all you have. Good luck next time.

Yeah, I don't really understand this kind of posts, I mean you know what you are getting into. A lot of people that lose seem surprised like it shouldn't supposed to happen or they think the bet was impossible to lose..
4629  Economy / Gambling / Re: How can casinos profit from investments? on: December 14, 2015, 09:37:44 PM
I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?

let me tell you why , first of all investments will raise the max bet limits but the casino won't benefit from that  indeed they are taking a fee from investors cause they are using the site , so if the site was totally investor based the house will make money even if someone won big cause their profit mainly come from fees
but usually bigger bankroll make the site more popular and this leads to increase in bets in general

The way I understand it is like this. You invest 1 bitcoin and after a day you get 0.1 in profit from your investment, I understand the casino might take a fee but even if the fee is 10%, they are taking 0.01 and still giving you 0.09 bitcoins so essentially they are giving you 0.09 for ''free''
4630  Economy / Services / Re: YABTCL.com Signature Campaign 35 Slots 0.00035 - 0.0015 per post on: December 14, 2015, 09:36:17 PM
Hey yabtcl what about today rules: will we finish with the monthly campaign and start over? Please make it clear

Thanks

He talked about it a few posts above this one. ''We will turn this campaign into a weekly payment campaign. I will finish the details with Hilarious and inform when the change will occur. And then we will post here when new applications will be allowed.''
4631  Economy / Gambling / Re: How can casinos profit from investments? on: December 14, 2015, 12:54:11 PM
I think i am disagree with you, if casino cant make profit there will be no more casino on this world

most of the casino make huge profit everyday, from the gambler and others maybe advertising or sponsorship

so investing in casino is a very good investment

Disagree with who? I never said they are not making profit, I asked how so please dont post off-topic things and answer the question.


I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?
I would guess it gives the casino the ability to raise the stakes of the games, since they have a bigger bankroll themselves.
I see a lot of smaller casinos starting out with pretty small maximum bet sizes.

Yeah I thought about that but there are casinos like just-dice that have already enough bankroll and they are actually accepting investments.
4632  Economy / Economics / Re: Is Bitcoins safe? on: December 14, 2015, 10:33:16 AM
Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?

50% is the max bitcoin you should have, you don't want bitcoin crashing and losing everything. Also I keep my BTC online exchange like bittrex, coinbase etc, I never trust myself even if its cold wallet. Smiley


Storing bitcoins in online exchanges is possibly the worst thing you can do. They can become mt-gox 2.0 at any moment or they can be hacked and you could lose all your bitcoins, the better ways is to keep them on your wallet or paper wallet.
4633  Economy / Gambling / Re: My life in one photo... Rip on: December 14, 2015, 10:23:34 AM
I was going to withdraw for good & cashout to pp or wu but my deposit was "frozen" because it didn't have 2 confirmations so I couldn't & I got bored
ffs



90% of people who lose say they were just about to withdraw or stop, the truth is they weren't because most people can't stop when winning and they keep saying to themselves, this bet can't lose or just one more..
4634  Economy / Gambling / How can casinos profit from investments? on: December 14, 2015, 10:21:03 AM
I know investing in a casino will bring the investor profit in the long term, meaning that the casino will actually lose money in the long term so why are they doing it? What is the benefit they get from it?
4635  Economy / Services / Re: YABTCL.com Signature Campaign 35 Slots 0.00035 - 0.0015 per post on: December 14, 2015, 10:14:36 AM
Im a SR.Member now. By the way, when I go to check my stats it says I made 0 posts but I have like 20 posts or something already.
4636  Economy / Gambling / Re: Pocket Dice – The first realistic dice game on: December 14, 2015, 10:13:37 AM
It's simple and it works. I really like the tournament feature, I haven't participated in one yet but I will try to. The site is pretty fast and the rolls are fast too
4637  Economy / Gambling discussion / Re: Ever win something big in demo mode and feel stupid? on: December 10, 2015, 04:58:36 PM
I'm sure some casinos, mostly fiat casinos are sort of cheating, when you use play money your chances are higher or they automatically let you win just to make you deposit real money later, this is harder with bitcoins because of the provably fair systems but still, probably some casinos do that.
4638  Economy / Gambling / Re: Any good dice site users could invest? on: December 10, 2015, 04:56:12 PM
Do people actually profit that much investing in casinos? I mean I know you are supposed to have basically like +EV in the long term but has anyone been able to profit consistently? If yes I might give it a try, how much money would you need to invest?
4639  Economy / Gambling discussion / Re: How greedy you are ? on: December 10, 2015, 04:53:17 PM
I am much greedy about money.Well being greedy is the nature of human being.Everyone wants more and more from life.

I too need to confess that I am so greedy when I am seeing some profit in my gambling situation. That is the reason most of my gambling are ending up in losses in almost all times I go gambling.
Rarely I may find myself with profits due to some luck factors.

It's basically the reason why casinos are so profitable, 99% of people end up loosing everything in casinos, mathematically if they played ''right'' a lot of them would go out with a profit, casinos would still make money of course but way less.
4640  Economy / Gambling / Re: ★BitSler.com★ - Instant deposit, 1% edge, Provably Fair,Faucet, BLACK ACE GAME on: December 02, 2015, 02:19:09 PM
Site looks pretty neat and profesional and the house edge is pretty ok. In the faq you have this: What is the maximum withdrawal amount?
No maximum withdraw. 3 times, is that like a joke or did you missclick?

I will play with the faucet a little to see the speed of the roles but so far so good.
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