Gambling is not wrong for gamblers but for some players who are quitting it is worthless. Gamblers are risk takers because they know they can afford their lose so most of them are rich people. So for those who are poor, think many times before engaging on gamble games because it can make them more poor.
Not all gamblers are rich and can afford to lose. The most risk takers are the ones that doesn't have enough, because they are trying out their luck with gambling and thinking that it can let them pass the poverty line and that way of thinking is very wrong. But for those rich enough who are gambling, there's nothing wrong with them unless they are using their own pockets. It is wrong when you are not treating gamble as a form of entertainment and hope to rely on it as a source of income. Casino is never setup to let customers to come in and earn money. It is the opposite, it wants customers to come in and lose money to them. So it is all depends on your mindset. |
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if by investment you mean buying cheap coins and hold for years then i think its worth doing and would make sense. for instance monero use to just have a value of cents and look at it now. if you buy some coins right now with just about $0.02 each and this coin seem to have a good things ahead, i think it would make sense.
If you have bought btc when it is still $10, about 20btc would only cost like 200$ at that time. By now, you would have like $20,000 of values. However, there is huge risk. Most of the alt coin did not survived and end up losing billions and billions of value. That is why dont just go and any how invest. |
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Giving up gambling is never easy. Gambing has been part of your life and your life is already evolved around it. So a lot of support is needed to change you. One important factor is always the support of the loves one. They are there all the time to help you to overcome.
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i don't have kids yet but whole of my family will be my high priority untill forever and if i know my life will no longer be i think i would spend the rest of my life for them so i would leave gambling immediately
Yes. I also have similar ideas. Although i may be gone the next day, there are still the loves one around and i wish to make their life better. I guess this is all about love and how even when you are not around, you still wish to help them as long as possible. |
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how to get rich quick is how to quick way to go broke  i llove this quote stop addict gambling from now you will rich with no risk Wven if you do not gamble, you are still not risk free to becoming rich. A lot of people want to be rich and they did that by investing in stock or starting their own business. That can be more stressful than gambling but if you do your research well, you can make a lot of profit. |
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I can't think of any likely ways to make good money out of 0.01 bitcoin. Maybe try a soccer parlay or just play roulette with a couple of chips. Either way you will need a lot of luck to turn such a small amount into something big.
I agreed. Because getting x10 return on any gamble or invest is still extremely crazy regardless of any amount. So i would say to keep the 0.01btc, go and learn how to provide services that can help to make some quick money and then convert it to btc. That is the safest and most effective. |
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It is not about when to invest cause we all cant predict what is going to happen for the very next second. And even in stock market, people will tell you it is nearly impossible to time the market. So it is more about how long can you invest in the company in order to experience the profit.
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Probably I can say this must be a very useful topic regarding investments into gambling sites,you should keep on track your investment not in a daily basis at least 3 to 4 days you have to check. Becasue the site's performance are not always same, the profit giving sites will run in loss sometimes.
and by my experience investing in gambling site always make your heart beat , you know why? it is because there always ann unexpected winning from players that causing the investors money get dropped to negative
Even checking 3 to 4 days are considered too frequent. As you said, the winning or losing can be huge so the investment can change very frequently. So usually in btc casino investment, it is better to hold it for a long term so that you can feel the effect of the house edge. |
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Some of the things you dont need the experience to matter in gambling. In fact, by statistic, most of the games are designed to make you lose. So whether you play a lot or not, it does not matter the outcome in the long run. You may win 20-30times but that does not means you will be able to profit in the long run. So experience does not really count but it is more of the probability.
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It's rare to make huge win with just 0.01 btc, but with luck on your side you can make good amount. i'd once made ~.34 btc off 0.025 btc.(on slots)
I also remember once i have won 0.10 BTC around on slot machine with just 0.005 BTC deposit. However 0.01 BTC is really low amount to make any profit with gambling. From 0.005btc to 0.1btc is a lot of difference. That is like 20x and it is extremely hard to achieve x10 by any form of investment. 0.01btc is not a big amount but if we are talking about profits from gambling, that is a very hard for any amount in the long run. So if you are thinking of getting profit, dont gamble. |
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It actually depend on your social lifestyle. If you are mixing around those high profile people who focus is on business and investment, gambling can be seen as a weak investment tool so you will feel shame sharing these information with them. However, if you have a social group of gambling, you dont mind sharing your gambling experience with all the related people and they will accept you for who you are.
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Casinos are always a great place to invest, with a lot of money, you can make a lot of money there. It's easy, you only need to send money there, and if the casino is profitable, you get it every week, you do not need to do anything, no work and no advertising. very easy. In addition, the risk is very low, most casinos are profitable, very rare where they show that they are at a loss. Because, they have huge capital, they can withstand all the odds, and so they are easier to profit than us.
I also think think that investing in casino is really woth it. You can get a lot of money there. I can say that because we all know that many people are using casino and it is very rare to win. I mean, in casino there's a low chance of winning and many people are losing money there. So, the money that lose of player will become their profit and that profit will be paid for your investmest. It doesn't happen like that every time, it depends on the game traffic the casino you invested in has in inventory. If the majority of games are in dice, then you've got 50:50 for most instances. You can still lost a substantial amount of your investment. Just make sure that you are invest on trust site since nobody knows when it will collapse. When you try to invest, it means that you're doing double gambling ( if you're active gambling on that site ) For example : when dicebitco.in launch investing site, they made a massive profit when they first launch until someone notice that some bet are rigged That is why research is very important. Same as real world problem, anyone can just come up with an investment offer for you. They can say that they will give you ton of benefit but at the end of the day, will they deliver what they promise, or even bankrupt all the investment fund is totally possible. So find out who are the big boys in the town, who are those uprising shinning stars etc and invest in the more reliable firms. |
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If you are an addict in gambling that could be a reason that you can't be rich because profit will become lesser due to you're prone of losing more rather than winning. That is only a lucky situation of getting rich by means of unexpected winnings but the assurance is lesser compared with those becoming rich because of business investments.
Addict gamblers is chronic nowadays, and it is very bad habit. I saw many people lose their properties, money and their lives because of gambling. The chance of winning varies on what type of game you are playing. A lottery with 6-49 combinations is 0.0000004291% ( correct me if I'm wrong ) in cockfights and boxing there's a 50% chance depending on the situation and circumstances. And these numbers are not enough to be in a win-win situation. If you can quit gambling and turn to investments instead, there is a risk there but lower that gambling. Definitely investment is a lower risk as you have more control over your money. In gambling, you have no control over the result, so whenever you made a bet, whether you win or lose, you have no way of affecting it. But in investment, you can decide the timing when you want to go in and what are the likelihood that you can profit from it before you invest in it. If you realise it is not a good investment, you still can put it out and move on to another investment vehicle. |
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i would preferred to go in investment there are saying that if you cant defeat the gambling it self then joined them to earn from there hahaha if you keep pushing your self to play more on gambling then you will lose more too instead of invest that while waiting for the profit let your money work for you.
Casino is meant to make you lose so that they can earn more money. So the games are designed in such a way that you are more likely to lose but still give you a glimpse of hope. Whereas, by investing, you are belonging to the likely winning group and you dont have to do anything else to watch your btc grew. |
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I added this to the front page as well:
Start | 5 BTC @ $3,000
Month 1 | 5.32883 BTC @ $3,203
Month 2 | 5.84366 BTC @ $3,530
Month 3 | 5.83987 BTC @ $4,123
Month 4 | 5.78052 BTC @ $4,275
Month 5 | 6.18321 BTC @ $5,907
Month 6 | 6.44548 BTC @ $5,936
Month 7 | 6.76204 BTC @ $8,689 Hope that helps everyone see the returns clearly  This is really insane. You almost triple your investment profile. That is extremely crazy in the investment world. Just purely based on btc, with a profit of 33% is still consider very impressive and all these happen only within 7months, the full year profit can be as high as 50%. triple = 3x 3x 5 BTC = 15 BTC  but yeah, this is great. i have been following this from the start and the profit that these sites are giving are pretty awesome. specially the two with an almost stable profit over time! but it is still pretty risky, and that is something that we have to keep in mind. one good thing that OP does is keeping the history in the chart and you can see other investments that have not performed well at all. like the orange line from bitvest. What he means by OP almost tripled his balance is from $ (USD) amount, OP was bought BTC when it was still at ~$600/ BTC and invested it. Started from $3000, and now almost $9000 ($3000*3). Yah i am referring to the currency values, not the btc amount. If one can easily increase its btc amount, like x3 within a year, most likely it will be a scam. That is why a lot of these HYIP that promise you 100-200% or even more return within a year are non sustainable. |
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I think its8really risky...
I understand that people do it but... i don't know if giving your coins to a casino is really a great idea.
They can leave anytime with your money and you cant9do much :/
Bitcoin casinos investing is possible today but extremely risky, the best way to invest passively in gambling casinos is by investing in the sites bankroll, some bitcoin gambling sites have house edge, meaning the long run, if you run them correctly they should all be profitable, however in the short run gambling site can take a hit and have to pay for gamblers and this where bankroll comes. Well that is the main idea of investing in the casino itself, you do not create one or invest in the creation of one. You invest in the already made casino and you put your money against all the gamblers of the casino. House edge is simply that, an edge over the gamblers. It is nice for the investors and the casinos, though if it is too high then no one will gamble at that casino. There must be some sort of balance there. Yup, investors like to invest in casino with higher house edge but a gambler will prefer a smaller house edge. So there must be a balance to strike between the interests of the different parties. However, the house edge does not promise 100% profit. There are casino that ends up in debt. So invest only what you can afford to lose. |
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Is there a way to see how much gambling sites makes?
Hmm only the staff will known the real profit of one gambling sites but when im going to predict it since i am a gambler as well gambling website can make almost 50-60 bitcoin per day this isn't bad to those running website and had atleast 20 players online every day . There are websites that keep track of the daily profit, daily wages, daily amount wages etc. These data are taken from the respective btc casinos and they have agreed to let their database opened to everyone to view. These casinos are usually more 'safe' in my opinion and i am more willing to invest in these casino. |
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I added this to the front page as well:
Start | 5 BTC @ $3,000
Month 1 | 5.32883 BTC @ $3,203
Month 2 | 5.84366 BTC @ $3,530
Month 3 | 5.83987 BTC @ $4,123
Month 4 | 5.78052 BTC @ $4,275
Month 5 | 6.18321 BTC @ $5,907
Month 6 | 6.44548 BTC @ $5,936
Month 7 | 6.76204 BTC @ $8,689 Hope that helps everyone see the returns clearly This is really insane. You almost triple your investment profile. That is extremely crazy in the investment world. Just purely based on btc, with a profit of 33% is still consider very impressive and all these happen only within 7months, the full year profit can be as high as 50%. |
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Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
In trading, you can control the outcome. You can decide which stock to invest in, what alt coin to buy, when to sell etc. Although you cant have 100% of the control of the outcome, at least you still have certain degree on how much exposure you want to involve in. Unlike gambling, it is based on luck and whether you win or not does not requires much knowledge or research. |
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I've been gambling for about 10 years, way before I got into bitcoin. My gambling habits were not started by bitcoin  Yah, in the past, we may not be able to gamble online so we may have to travel to a distance place in order to gamble. However, with btc, it is hard for the government to track us so we can easily gamble online now. Btc does not encourage us to gamble but it makes the gamblers another options. |
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