I already lose my bitcoin from playing all the time i go to gambling website where i put my 0.2 bitcoin trying to doubled it when my new strategies in the first im winning the game trying to make more profit but then i already doubled up my bankroll and continue playing then i bet more bigger bets till i get greed and lose everything.
You should not go for profit if you are going to gamble or find some good website that you want to double that amount. It's better if you are going to trade that amount and grow it with yourself. And the main reason why most of us are not getting successful in gambling is that we are greedy. You should take the chance to be not greedy anymore in your next try. I made a similar mistake back then. I tried and believe that gambling could be a profitable activity and it could be a living really. But I was wrong. It was not possible to make gambling as a living. I did a martin gale strategy on basketball games on sports books but in the end I just lost everything and I realized that it was not possible. It is quite easy to believe that at the start because you can easily win several time by using some martingale strategy. However, the probability still show that the odds are against you so by gambling more, you will start to see the effect in the long run. |
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Are there any alternatives to money pot that dont have such high fees? Money pot website says you can earn UP TO 50% of the house edge.  They probably won't even give you 50%. They wont really pay up to 50% but moneypot has gone really bad last year where within 3 months, the profit drop from 1.4k to 300btc because of multiple huge payout. It is quite an extreme case that all these happened within such a short time frame. |
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Thanks to the people who pm'd offering to help test.
Still doing private testing at the moment though.
Will reply with a public link after finalising the create your own app feature.
Will be great to get feedback on the needs app creators have for the api.
I'll provide a sample dice app that is plain html/css/js (using VueJs) for you to play about with.
It allows registering/logging in via BetKing to your app and betting against BetKing bankroll in multiple currencies.
Very excited to see the end product! When it is close to launch I would love to check it out and write about it  I am also equally to see the end product. Have been an investor in betking for quite a period of time and was sad to see that it stop. Wish things will turn out good for betking once again. |
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Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.
2% per month is a lot. Most successful investor out there is only making like 5% per year. Even warren is only making like 20% per year and you can see that he can be a billionaire. In addition, btc market is very volatility. There may need a time for you to cash out to pay for the loan but if the price of btc happen to be on the down side, you may suffer losses. Those people who play with very huge amount to invest will surely consider 2% as a lot percentage. Imagine 2% of 100 million dollar? 2 million dollar profit per year. At least it is better rather than save it only in the bank account, gambling investment have better percentage but also higher risk, so it is always worth it. It is not 2% per year. It is 2% per month, that means in a year, you have to pay back 24mil. And even the best investor in the world cant make an average of 24% in a year. |
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Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.
2% per month is a lot. Most successful investor out there is only making like 5% per year. Even warren is only making like 20% per year and you can see that he can be a billionaire. In addition, btc market is very volatility. There may need a time for you to cash out to pay for the loan but if the price of btc happen to be on the down side, you may suffer losses. |
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Soccer is my most favorite sports especially European teams as I think these leagues have more fun. After this I like Tennis too but only high profile matches in low profile much hard to predict about the result.
Soccer is a great sport to bet at cause you can easily get friends to join you to watch the match and you all can easily discuss about the game strategy, game play, players etc. So other games like ice hockey will be more difficult. To me, betting is to get the most enjoyment out of it. |
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My favourite gambling game would be slot machine when i am lazy to think about anything and just want to aimlessly click. Slot machine will help you to calculate the reward accordingly. You also dont have to think whether to change strategy or not because everything is already pre-calculated.
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For me, if I'm going to invest in a gambling site and you are a risk taker, I will invest in a minimum of 6 months to 1 year because that's the best time that you can see if you are really gaining profit out of your investment. I know that it is long however, if you are gonna invest it for a short amount of time you will not maximize your full potential of your investment because the profit of a casino is different some day the house won big but other times they are negative in profit. So 6-12 months for me. Just saying.
Yes, I do agree that casino investments take some time to show the profits. But one should be continually monitoring their investments and should have some target profit for all investments. If you reach your target in the short term also should book that profit and continue with you're old investment money. I usually do and works well for all investments. The worse part is when you start and you need to risk all your money on it. But when you start seeing the results and taking profit, you can start using only your profit to invest, so you won't lose any money, as you are using only the profit you made without any effort, just letting your money stayed there on the casino site. But I believe if the casino is really trusted, you have nothing to fear. The legitness of a casino isn't the problem in gambling since you can review their gambling site through forums and other reviews. Also, taking the risk in gambling is must since this is how gambling games are supposed to be. Thus, you have to spend a lot of effort so that you can play your money in gambling effectively. If you worry about the casino trust, then you should consider choosing to invest in few so called trusted sites then you risk will reduce. Because if anyone casino bankroll gives you losses, then other will make up those losses. All investments will have some risks so have to take some risks to grow our money over the time. If not, we can't grow our money. Their's a risk on all we do and even if we invested on trusted casino but still we cannot guarantee that we can earn for long term and i believe that is one of the main concern of OP since he afraid to lose he's money, But he should think this also that if we can't risk we can't earn and if he cannot really afford to lose what he have might better if just stay away for it and invest his money on physical things that he can monitored personally. In every kind of investment, there is always a risk. Even in real world, investment in real company will also have their risk. So if you cant afford to lose, then you cant afford to invest too. However, it is better that you do some research before you blindly invest in gambling btc. Even tho, that does not means that future will turn out to be the way it is in the past. Just like moneypot, they have been earning a lot in the past years but the recent incidents make them lose all the profits. |
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Most of the time, gambling will result in you losing out, so just make sure to be careful and gamble responsibly. Investing is varied, it all depends on what you invest in. If you invest in something fairly reputable (e.g. casino bankrolls, related to gambling), then you'll probably get ROI but it'll take a long time and you shouldn't expect anything straight away.
You have a point there. Playing gambling won't be profitable, while in investment it depends on where you are putting your money in. But when it comes to risk, it is riskier to gamble than investing. The two differ in the way we start and end. Usually in gambling, you start in small, and win big, while in investment, you start small and receive smaller ROI. But when it comes to this two, I'd definitely choose investment, atleast with that you know the risk that you are facing since you will not invest if you don't have an idea about it, while in gambling, the result is unpredictable and mostly losing. To trade is the most trusted to become rich. It is I want you to recommend. That is why gamble and invest is part of scam nowadays. There is no determined that you get the money to become rich in gamble no players become rich about it. Not all people are getting easy rich by doing trading only, there are so many people that also lose in trading, take that note "If someone wins, someone else loses" And not of all investment program are scam but they are also many scam investments that called "HYIP" it's a high returns investment that says it will give you high profits, better to avoid all investment program like this. In the investment world, some people tends to get very rich. They can win like a few millions of dollars. Do take note that money is not created out of nowhere, it is actually a transfer of hands, so in order to win that 1million dollars, several thousand of people have to lose thousand of dollars. |
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It depends on some perspective. Some said its illegal to gambling so they use bitcoin to make him anonymous, it has some benefit to them but for legal country I dont think this have benefit to them, because make you invisible or not your country wont jail you for this reason so this is still a polemic
Yes, your right that's the good about in bitcoin to other gambling, But not all gambling online is legal in most of the country. It depends on the law they had about in gambling or else they will be nullify. Well ,Bitcoin will take apart in the situation wherein you can gambling and deposit money to play gambling in a gamblimg site ,But i think even you are anonymously playing there and there is a chance for you to caught .For me i believe no system is safe if ypu are in hot seat . I used also to gamble bitcoins knowing that gamblimg is illegal to my country and it is advantage for me knowing bitcoins early. That is the beauty of btc. A lot of country ban online gambling so a lot of website are blocked. However, there is hardly any stopping in buying btc. And with btc, you can easily do a lot of things with it including gambling. And to try to track you down for btc gambling, the effort far outweigh the benefit so it is relatively quite a safe method. |
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Week 31 and SafeDice was the standout! 5 BTC is now worth over 6.8 BTC  Thanks for another update and once again SafeDice is still the most profitable. I just put my investment Safedice yesterday and was surprise their bankroll is really big now, no wonder they were able to attract big betters which is good for us investors. Keep doing the experiment dude, I'm loving it and shall follow with the other sites investment may next week. Really glad you are finding it useful! Plan is to do this for the full 52 weeks We should be the one doing the thanks. It is because of you that i have divest out moneypot even though i left a few weeks later than you. I also get into betking and recently kingdice because of you. |
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Received the payment for the latest stage. Thanks for running such a great signature campaign.
Post: 2450
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If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit
Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them. The thing is that most coins does not really offer new things or solutions. Even if there is coin that offer new solution, it always end up going bad due to tons of factors. Like the developers does not give enough support for the projects, the over hyper up and cause the coin to be a pump and dump coin, the investors are not going in for the long run etc. Thousand of coins have surfaces and only a few success. But even so, they are still not growing much. |
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It depends on what is your needs. If you are gambling just for entertainment, then playing with profit is good as it preserve your bankroll for future entertainment. So this time round, you no need to fork out money from your own pocket.
If you are playing for the sake of winning, it is very lucky that you profit this time round. Cherish it and cash out your profit. The longer you play, the more likely you will end up losing your profit. So give yourself a good meal and keep the extra for other purchases.
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Week 29! In total 5 BTC is now worth over 6.75 BTC   Kingdice seems to be doing quite well. Going strong week after week. So far, there is only 1 week that is down by a huge drop, and even that it only take another week to recover back. That is simply amazing. Otherwise than that, it seems to have positive week one after another. |
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it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place. But if you are going to invest your money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places. i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running. Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses. I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose. Apparently you are not into any form of investment. Even in real world investment, it is always good to diversify your profile, so you are not prone to one kind of threat that can wipe you out. Unless you are 100% sure that this casino will 100% give you profit then you go all in. But most of the case is that we are not sure, even people are making money from casino investment, there is still a lot of people suffer losses for it. |
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Gambling be positive when a person needs to take a break or recreation, and gambling becomes negative if they become addicted because they take your time.
Taking away time is not wrong at all. What is the real serious threat that gambling can cause is that it took away your financial ability. It can make the whole family get into dire situation and may even need loanshark or law to step in. Countless of families have been broken up due to gambling. |
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Betking.io has a 1 btc minimum investment. I like safedice.com and bitdice.me to invest some of my coins No, betking already lowered the min investment to 0.01 btc. Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot My first investment is also justdice and btc casino was just starting at that time. I remember justdice is still accept btc at that time. And i got to see people bet as high as 500btc in one shot. The bankroll can change from positive 2000btc to 0btc within 10min. It is really crazy to see the bankroll varies so much and it is giving me a lot of heart attack. |
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I don't really care for btc bonuses in casinos...
I like free spins and those things that's for sure
But deposit bonuses for example are pure shit, you never get your amount as you've to gamble like 35 times the amount on slots before ><
deposit bonus terms always sucks , always make us as player in disadvantage . it looks fair when we provided a double capital amount but the wagering requirement make everything complicated. i don't like a bonuses like that too , prefer to looking for a temporary promotion usually it gives a good terms , a really fair terms. The bonus is usually meant to lure new customer to come to their btc casino. The objective is not to let them walk away with free cash but to take more cash with more customers. So they are not making things easy for you to withdraw the bonus cash. In fact, it is calculated that the chance of losing your bankroll is way higher than you ever have the chance to take away the bonus even though you have double bankroll. |
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Feeling my worst when gambling is lost when I want to earn back the money was lost in the previous games. I told myself that to control myself but I did not do. I lose, I want to earn back the money lost should have bet more and the still losing. But I still bet higher and the result is I lost both the car and telephone. At that time I was depressed a lot, but I was still lucky because there beside is my wife, she helped me a lot. Now I still gamble, but I just see it as a form of entertainment fun. I recommend should not charm gambling otherwise the consequences will be very big, you can lose everything.
Just remember that it's very hard for someone who's been addicted to just keep gambling, even if you do manage to do it 'for entertainment' at this time. You could end up on a slippery slope back to addiction. Not saying everybody is like that, everyone's got a different personality, but addicts just tend to exhibit that kind of behavior in general. I started gambling with fun only and now I am feeling like a strong bond is there between me and gambling. Now if I don't gamble for even 2-3 days then I feel like dejected and very upset which is in fact dangerous as I am loosing some serious money now. Anyways though since my family knows about my habit they will stop me once I cross all the limits. It is great that you have your family to support you. Family love is one of the strongest pull factor to keep you away from gambling. You should also go and look for professional help and try to substitute with some other entertainment. |
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