This is a common myth in gambling community that casino operators are smart and tricky and find their ways to always win, and only the most smart players can possibly match them. But in truth, everything is very simple, first there is the house edge, which needs to be there simply because casino is a service that requires money to operate - servers, employees, advertising, development. etc. But I also believe that the house gets the profit from other source - gamblers ruin theorem. When player visits a casino, he can only play for as long as he have a balance, and since the chances to lose are almost the same as chances to win, it only means that after some period of playing you will lose your deposit, because casino has hundreds or thousands bitcoins in its bankroll and can cover any loss, while players ability to cover loses is very limited.

While you can't beat the house edge, it doesn't mean that you shouldn't try to make the best decision in games that allow them, like blackjack, for example. By applying working strategies you will reduce the house edge to the minimum so you will have higher chances to win than if you were making blind bets. Of course it doesn't apply to games like dice where there's no decisions that would affect your bets.

As for limiting yourself, it's what everyone should do when they get involved in gambling activities, but many people lose control easily, so it requires a lot of discipline to not break the limits one have set.

Why would anyone run a house with EV+ games for players? Sound like charity, it's basically giving money away, unless there's some catch. Promo-hours are a bit different, since it's only for short time, they don't affect the house much, the odds are still around 50% on dice game with x2 multiplier. Gambling sites are operating on a larger scale, even if players are lucky in some days or weeks, the house will still win the sum of all bets in a year. To some people gambling will be very profitable, but for each winner there will be more losers, so the profit is on the house's side.

I don't get why so many people on this thread advice against investing, maybe they don't even understand how it works, or had some bad experience. Anyway, the whole point of any investment is to make a small risk and get some reward, and the chances of success must be higher than chances to lose. This is definitely the thing about casino investments, since the house edge is on your side, and you have a huge number or rolls to make that house edge work.

Now, about which site should you choose, you need to make your own research, get some in-depth understanding how casino operate and so on. From my personal experience, I can say that crypto-games is quite reliable, although they already have a huge bankroll, so your 0.2-0.3 BTC might not yield the highest return. They also accept altcoins, which can be a quite interesting option.

Also I have investment at yolodice, the casino is new and the bankroll is not giant yet, so there's a potential to get a good profit, the also allow to leverage your investment for a higher risk/reward.

Casino bankroll investments are a bit different from business investments, when you are investing in small new casino you can get a big profit if you own a significant share of the bankroll and the house gets a huge profit. Essentially, you'll need a lot of luck to get a big return from small investment in a new underfunded casino, while there will also be a risk that casino and you as investor will suffer a loss due to some players winstreak. So the risk and reward of such investments will be closer to gambling - it will be less predictable for a chance of getting high returns there will also be a chance of big losses.

Since Bitcoin price continues to rise, earning 0.1 BTC will be harder than it was before, today 0.1 BTC is $120 while one year ago it was around $40. As for one of the most common answers here - signature campaigns, they seem to have fixed rates and don't change even with significant price rises, so it's a good news for their participants and potential posters. But for other jobs, people usually calculated their rates in USD and then converted it in BTC when making their quote, so BTC earning from jobs should be decreasing with the price growth.

You can use any other cryptocurrency as a transfer for value, it will just come with increased fees due to a need to exchange it to btc and than to fiat, if it's not possible to convert it to fiat directly (right now you can only do this for top altcoins, like Ethereum or Dash). What makes Bitcoin special is the number of nodes and mining power behind it's network, it serves as insurance that your transfer won't get hijacked, or someone will manipulate the blockchain.

Current Bitcoin's price only indicates that investors believe that in future bitcoin's price will be higher, so they will sell it with profit. What it means that bitcoin's value today is mostly speculative. The question of this thread is whether or not Bitcoin will become a widely used currency, and the answer is very unclear in my opinion. Every government will strongly oppose Bitcoin, since it will take the monetary power away from them, also Bitcoin will need to solve lots of technical issues. And the last problem is "marketing", someone has to convince the others to start using Bitcoin, you can't expect people to abandon fiat money that they have been using for all their lives just because they will read some article about Bitcoin. And there will be a lot of fearmongering from banks and governments, like we see today, that bitcoin is unsafe, it's money for criminals, etc.

Most casino investments are definitely not scam, but any other bitcoin investment is very likely to be a hyip scam. The usual rule with investments is the more profit you want to get, the more risk you'll have to take. If someone promises you a fast 10% or more return, than it's quite suspicious. For example, casino investments, which proved to work, yeild 1-2% per month, sometimes 4-5% if casino was lucky. As for ICO's, they have a huge chance to quickly turn into scam and run with all investor funds, or the coin will just get dumped in the first day of trading. But if this is not the case, than you can get a quick profit usually in range of 20-100%.

Some casinos, like yolodice feature leveraged investments, so you can get higher returns even with small investments. For example you can invest 0.1 BTC with x10 leverage and have the same profit as if you invested 1 BTC. This can lead to a solid monthly returns, but it will come with a higher risk, as you will lose all your investment if the house loses 10% of its bankroll.

In trading, you buy something with intention to sell it later, because you expect that the price will rise, but there's no guarantee that this will happen, the price could easily go down, as many people also make their moves. I believe that trading can be even less profitable than some gambling, because dice sites have their house edge at around 1%, while newbie traders can easily lose a significant portion of their capital with blind trades. There's no easy way to make money, everything requires time and effort to develop skills needed to start making money.

I'm investing for almost a year and do monthly withdrawals, never had a loss at the end of the month, my profits were in 1-5% range per month. In my opinion that's pretty reliable and safe, and also the price of BTC increased more than 2 times since I have started investing. You just need to do a bit of research about how casino work, and how their betting volumes and bankroll sizes affect your potential profit. And anyway, don't invest more than you can afford to lose, every investment comes with some degree of risk.

Their code is closed source, and with assumption that casino might be cheating, it would require some big amount of money to test it, because even if you lose once or twice it doesn't mean anything, if it happens 100 times in a row, than it becomes suspicious. So obviously no one would waste their time and money trying to catch some dice site on cheating. That's why those sites feature provably fair system - cryptographic proof that each bet is fair and wasn't tampered by any side. The bigger risk with dice sites is that some sites might promise huge jackpots to lure people into chasing them, and refuse to payout if someone wins that jackpot.

Maybe you have noticed, there's quite a significant amount of investments with x10 leverage, I think it's really a sign that investors believe in yolodice and its profitability. I personally have a small investment with x10 leverage and I hope that it will be bringing me stable long term profit. Also I really like the referral system,  bonus from weekly pool is always nice.

The problem with slots is that there's no decision making in the game, you only decide the seize of your bet, even in dice you can choose your multiplier. And then there's the house edge, which is usually at least 2% or higher, while in dice it's around 1%. Games with strategies, like blackjack, allow you to keep the house edge at around 1% too, if you execute the strategy well. So, if we compare other games with slots, it seems like slots are the most boring and hard to win game. But it also have it's purpose, sometimes people want to relax and just spin slots a bit, without thinking how they want to bet, and enjoying some graphics.

It's hard to tell which casino is "the best", there are so many gambling sites which operate for a long time and don't have any strong accusations against them. But this doesn't guarantee safety, since bitcoin services can make exit scam - simply vanish with all customers funds, because owners are anonymous so they most likely will not be found. Also every casino might be struck by a bad luck and lose a significant part of its bankroll, so when you are choosing a casino, you need to make sure that the risk is minimal, by looking at the value of maximum allowed win per one bet. It should be around 1% of the total bankroll, otherwise some whales might take a huge chunk of the bankroll quickly, so the whole investment is more risky.

If people would stop starting new business because markets are already saturated, that everything would be monopolised and we'd see decrease in quality and increase in prices. Competition is in interests of consumers, so we should always encourage entrepreneurship. As for casinos, there's still a lot of room for innovation, some people might like more sophisticated games or things like pvp games, or some new forms of betting. But ofcourse if you create another dice site you will find a hard time attracting any significant amount of players.

You are wrong, this method is known for centuries and it never "worked", meaning it didn't give you any edge to help win consistently. It's a very typical misunderstanding among gamblers that casino can manipulate bets, but actually all games are fair, bitcoin casinos feature system that determines outcome of each bet basing on random seeds, that are generated by both sever and client, so it's impossible to cheat for any side.

Every investment comes with some degree of a risk, so I personally took as a rule for myself to never invest more than I can afford to lose. It's nice to have a passive income, but if you have invested a significant portion of your saving, than potential damage from losing your investment due to various reasons (exit scams, hacks, bitcoin crash etc.) would outweigh any potential gains. There nothing that can guarantee you safety for sure, even sites with long history can turn into scam in some day.

This is quite an interesting point, there's a Gambler's Ruin theorem, which says that whoever has bigger bankroll is more likely to win, so if you have much more money than casino, you could theoretically win all their bankroll. Sounds good, right? Well, casino operators are not stupid, they understand that high bets can be dangerous to them, so they always set a limit for a maximum win per 1 bet, usually it's 1-2% of the bankroll. So martingale can't work, because you can't increase your bets indefinitely, and at some point you will not be allowed to double your bet to recover from a loss.