Approximately 3 weeks now - 2 sites up, 3 sites down:  to be honest i was to see the best results from moneypot because of the way it is designed but it seems like each week they have the worst results. but crypto-games is giving you good results each week which is what i also expected. We can't just say based on last one month result but somehow my feeling on money pot investment also same. I don't know how they calculate the investors profits but site profit was growing, and my profit was going down always, and I couldn't figure out the calculation so I pulled out my investment after some loss recently. It was a small investment compared this 1 BTC. Moneypot seems to allow very huge wins, maybe that's why they might have big loses, but at the same time they might also have very big profit, when whales hit a huge lose streak while chasing some rare win. |
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well i think gambling while rich would be cool, because it would be hard to lose.My big balance could always recover  The odds are fixed and are the same for everyone, so it will be not harder to lose, you will win/lose in the same proportion as everyone else the only difference if you keep making the same bets that you did when you were poor is that your bankroll will be less affected by the possible losses. The question is, will you still be satisfied making the same amount of bet now that you have more money to spend? Will the thrill be the same if you are just betting a few hundred satoshis like when you are still poor? In my opinion, the amount you will bet will proportionally increase with the amount of money you have now. So, there are still chances the you can lose big and lose all your money. coincidentally, there is a max limit of bets in both physical and online casinos so it might be a good parameter for the rich to stop or just make the cap as a session. The wise rich can have many tests and the loss of those tests won't affect his/her total bankroll. The rich can use the advantage of having big bankroll. There a limit on amount of winning from one bet, not amount. It was made so someone with bankroll bigger than casinos bankroll couldn't ruin the house or take a significant chunk. Because of this limit whales can only win a few percents of the house bankroll at best. |
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Most people know that they won't earn their living by gambling. Especially on dice sites where the odds are against them. Most do it purely for entertainment and profits aren't expected in the long term.
Yeah, but there are others types of gambling, like poker or sports betting, where players can have more chances to win than to lose, if they have enough experience and skill, although unlike this title suggests, it's not easy. |
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Try to invest in casino bankroll is one method. Become an affiliate and spread your referral link throughout the internet and hope to get enough signups who will be high rollers. Otherwise since you can beat the House why not join the House?? Build your own casino.
Yes nice idea but it will need much time and capital for build our casino. It is bad for people who has low capital and it will need much time for return of investment. yeah it would require a lot of efforts and time to be honest and even with it i dont think that you would be guaranteed to win a lot Capital is the most important thing to build your own casino, when you have a lot of money everything is possible and you can buy people's time to do the job, most businessman especially those who are already rich, they just invest and let their money work for them. The competition in Bitcoin casinos is quite high nowdays, so gambling entrepreneurs should be very creative to make innovative quality sites to attract players. |
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Well, that is a good news for Filipinos. I feel more relieved now on playing gambling sites now, but even though Duterte never heard about bitcoin yet.  I think this is not good news he only allow those license site to run an online gambling games and what about those not licensed one? They will still go banned and yet players who willcaught playing will still penalize by the law, Maybe duterte doesn't know that bitcoins are existing on thia world since he's quite old to know for this coin, its better leave it to our knowledge so bitcoins well not compromise since it was known to be an illegal money and maybe he would banned it if mr. President will notice this coin existing. Bitcoin was in the news lately when CNN Philippines talks about WAR on DRUGS, i think his advisors had already studied it. -- http://cnnphilippines.com/news/2016/08/26/1.5-million-pesos-worth-of-party-drugs-seized.html bitcoin was mentioned in this page. Yet I don't notice some bitcoin gambling sites operating here in the Philippines though so this might not be what they are after. We can still gamble all we want. I do bets every weekdays like my life depend to it so lets rumble.  I can see how it will lead to Bitcoin ban and prosecution of Bitcoin owners. And of course they will take all Bitcoins to sell them and keep money for themselves, while talking about saving nation from drug addicts and gamblers. Stay safe, Philippines Bitcoiners. |
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I sent 3k xaur direct from RICO about 22 hours ago to the Xaur generated address on C-cex. coins never showed up, so I checked the transaction ID and traced my coins to a wallet with like 70 other deposits from other xaur owners. i sent a complaint ticket yesterday about 19 hours ago. i'm sure C-cex will fix the issue. I'll keep you all updated on the situation.
I used Mist walled to sent multiple Xau transactions to c-cex, they went very fast, just a few minutes. But the wallet must by synced with ethereum blockchain, so maybe there's a problem with RICO wallet? If you have a decent Internet speed, better use Ethereum wallet to withdraw from RICO site and then send it to c-cex. |
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it was not temporary, 6 months ago, i doubt it can fall now, there is a well built infrastructure now, big investments all over the place, it will not collapse any time soon
when bitcoin will reocover from the last hack and okcoin shit, things will be very interesting, this is just another dead time...
May I ask that what exactly you mean by "any time soon"? A month, year or what? According to whattomine.com, currently if I buy 10 of those GPU's, I'll be making $20 profit every day right now. Don't rely on whattomine, it lags sometimes, you can easily do your own calculation, just take hashrates and block rewards from official sources. As for GTX 1070, in worst case you can mine ETH, but you should be aiming for dualmining or other algos (you'll need to do your own research here). |
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Both are games of chance. In Gambling, the more you gamble, the more likely you are to lose more money.
In stock investing, the more you trade with various companies, the better your chances of making profits. Personally, I love the stock market, because I usually win.
First part is true, but as for investments, you need to have a lot of experience and skill to have positive expected value, novice traders might lose as much as gamblers and even more. So, people should do both things with extreme caution and start with small amounts first. |
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Biggest sites are very fair indeed, like primedice, although there are people said PD is unfair, but the proof shows PD is fair.
I think the dice is not fair because it is set on the system, so it is unlikely we will win continuously. I once played dice on a few sites and as a result most of my defeat. So you think "fair" means that you should win more than lose? If yes, than you are wrong, because fair means that result of each bet is truly random and casino has only a slight edge over the player. |
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one week you get a profit of at least 1%. for me it seemed a small profit but the risk is very big.
in one year is difficult to predict. anything can happen. but if in a week you have a huge loss, it is better to immediately stop rather than lose all.
Why are you saying that risk is very big? Casinos are meant to bring profit to it's owners and investors, so they have measures to reduce risk of losing: big enough bankroll and proportional limit for win. And they are hard to hack like exchangers, because their money kept in offline storages. |
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Поздравляю всех с профитом и щедрейшей подписной + твиттер кампанией!
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кто выводил на биржу пришли монетки ?
Монеты приходят очень быстро, если добавить комисию эфиром (я добавлял где-то 0.001 ETH, приходило за пару минут). |
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Dice is a software. Like at other software, you can get to know much about it from its source code. You can see it for yourself and you could consult with a trusted expert about it. When the source code is not available, extra high caution is advised, but you can still suggest from certain patterns. Even BCT's Staff said in their thread when source code is not available, the little red lamp in your head should light up.
Most bitcoin dice games base their fairness on cryptography - roll result is determined by hash of two seeds - one generated by casino and one by client. Casino generate their seed first, and revel its hash, so they have no way to alter the bet after player makes it. All seeds and hashes are reveled after roll, so players can easily check that everything was fair. So, you don't need source code at all. |
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I would rather choose to invest than gambling, they are both risky but investment has less risk compare to gambling. You can make profits in the long run from it just make sure that you are in a good and trusted company. I invest my bitcoin through holding...
Thats a right decision there pal, and almost users in here would have the same answer to yours. Investment would be the best if you are planning for a good long term profit because in gambling you cant guarantee your money their because almost gamblers out there lost their money in the end. Its better to hold your bitcoin than to gamble. If we all know how to invest and you have enough knowledge and enough money to start investing, why not try it? Becuase for me investing is not dangerous if you just know how it works, and for sure there are many people who will also guide us with our investment that is also investor too. They can also help us and they can give us an advice. Because gambing is only relying with our luck. Yeah, investment do not make us to lose our money but it is only the lack of knowledge with which we are unable to manage our investment/business and so we lose there, before investment we have to make sure that in that particular field we are expert and we have good knowledge about that field otherwise we do not have to go there to invest. Investing is always calm earning money with minimal losses. The risk of course is, but it is not comparable to the risk of gambling. Gambling can take all at once. If we are talking about Bitcoin investments, there are big risks of investing into scams, because scammers take use of Bitcoins anonymity. And even if everything is fine with the team, you still can lose part of your investment, if that project is not performing well. So, both gambling and investment should be done with extreme caution and keeping in mind to not bet more than one can afford to lose. |
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Yes i do believe they are all provably fair means these can be trusted.Some times we loss at very small odds or loss consecutively 6-7 times then we think they are not fair and cheating.But thats only the bad luck,the sites which are provably fair are trustable.
Yup in Dice game losing our coins is common. Because of that, we should not blame site owners. The Dice game is made like that if you are lucky your number will appear. Otherwise no. Here only our luck will decide that we are in profit/lose. So we should trust them that they are probably fair. In dice game, it is very common to hit consecutive losses especially the longer you play, the higher the chance to hit the losses. And the fair systems is a work of the genius. It is similar to the encryption code of the emails and other online security systems whereby it requires 2 keys to encrypt or decrypt the code. Well I think it is. The looses and winning numbers are equal I suppose, the fact that we are loosing is that we are not perfectly timed to those win streaks or just that we are betting high amount on those loose streak. So I think, Luck is what makes us win and the perfect timing. And when we loose, it is not in the provably fair to blame. The word speaks for itself, Provably FairI think in Dice game if we compare lose and win numbers, The lost number will appear many times. I don't know how but I faced this problem. When I start the game, the numbers will come in my favour but after few roll automatically I lose everything that I earn. So I don't know it is my fault or site fault. Maybe site owners are fair it's my bad luck that's it. You simply can't keep winning forever, because there is always the risk, and sooner or later you will get bad streak. I suggest you to withdraw and fixate part of your winnings to increase your value over gambling session. |
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to quit from gambling is easy its depends on you
you can make your all day long busy or sleep lol and then turn off your internet connection if you gambling at online casino
or do something which make you happy and forget about gambling
For addicted people that's not easy at all. They don't know what else to do, and when they are unoccupied they start thinking about gambling and eventually start playing. And it will hurt them a lot, because usually addicted gamblers don't manage their bankroll, they play until they lose and then wait till they get money and lose again. So they need all the help they can get from family, friends, professionals, etc. |
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I would suggest you to keep the money in your wallet as BTC itself is an investment with respect to fiat. When the prices go up sell some btc for fiat.
Stay away from either investment and gambling because both are very risky. Those are your hard earned money. Dont let your hard work go in vain.
Investments can always save not only your income but also to increase them significantly. But if you play, it can be quite the opposite of losing everything. But all investments comes with some risks so before investing money you must understand all those risks otherwise, you may lose money in investments instead making profits. Example, if you need money in a couple of months then don't invest that money either any shares or in trading because sometimes these investments take quite long time to give profits. Not all investments will give profits whenever you want it, so you need to chose carefully. Yes, every investment will have their own risks. But in casino bankroll investments, if you want to make a profit in the long run then you must need to put money few casino houses instead of just one or two. Because if any one big whale wins a huge money in any casino your overall lose will be less. Also one should monitor on regular basis all these investments peformance to avoid any big surprices. There are enough casinos to diversify and keep good profit, for me limit for maximum win is enough of a safety measure against whales. Also, monitoring have no effect, for example you see lose of your investment, you may panick and withdraw and casino will start recovering right after that. You only should start getting worried when someone wins just too much, for example with 0.01% chances or less, that could mean they have found an exploit and just drain the house. |
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If all gamblers would stop using those gambling sites that accepts bitcoin as their primary payments then bitcoin would really be affected and i think it would be a negative one since most of the bitcoin users do always put up in gambling
Not really, most of Bitcoin price comes from speculative investors, if you look on Bitcoin casinos, they have relatively small bankrolls (100-1000 BTC). And it's wrong to say that most of bitcoin users do gambling. |
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There is no safe method. That said you can try betting a small amount but you will lose in the end. Its the casino owners who make a profit and the players are the losers.
If gambling was a safe method to earn money then people would not study hard and get jobs to earn money.
You have a point in that ,gambling have no safe method but there's a strategy like martingle in Bitcoin Dice gambling its works but not all. Yes gambling is not safe because we could also suffer a defeat. but there are many strategies, including what you are talking about. In addition we also have to restrict the bets and have control in order not to become addicted. Strategies like Martingale may seem very promising to new gamblers but trust me if you have a huge bankroll, do it but remember to stop early. If you keep betting using Martingale you will end up a beggar due to the House Edge. Thats why casinos are there and the owners make a profit. No strategy can win against the house that is why it is called an Edge - an Edge over the gambler. Actually martingale fails to work because of limit for maximum allowed win from one bet. Casinos don't allow players to increase their bets indefinitely, so sooner or later martingale will lose on maximum amount for one bet and player will not be able to continue with this strategy. |
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Do you really trust online bitcoin casinos you play at?
I think all lost in casino, except the owner.
If you mean that they don't cheat, most of bitcoin casinos have provably fair system, which allows you to check bet outcomes independently (although it become less secure in more complicated games, for example card games.) On the other hand, there are risks than bitcoin casino will get hacked, seized by police or it's owners may simply vanish with all player deposits and investments. This is the risk with any Bitcoin services (like the most recent Bitfinex hack), so you can only minimize it by storing your money only in sites with the best reputation. |
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