I think what the OP is trying to mean is real gambling is refer to real world gambling, live casino, casino setup in physical land so that you can travel to the place to gamble. while online is referring to the digital gambling setup in a website.

Always calm yourself down for every bet that you make. It is the same logic as shopping during crazy sale. People will tend to buy more during the sales as it looks more attractive to buy things as the sale tap on the mental state. Similarly, gambling itself also tap on the mental state to urge people to bet more. Dont follow the speed of the game, take time off every few hands and cool yourself down.

Even some btc casino is able to let you bet without creating any account at all. All they need is actually your btc address to cash in the wins. I would not have think that such thing is possible before the age of btc.

As we can see from the chart, a handful of them are not profiting, while some is slowly gaining and there may even have some btc casino is on a bad running state. In general, the house edge will work, but when to time it is impossible, so by investing in the long run than we can see the profit coming in.

Regarding the above point, the 2k btc is a representation of the value of 30% of the company value, not the whole value. Dean also have mentioned that if the raised amount is 2000 btc, he has to sold the whole company at ~8000btc so that the 30% of investors will at least get back their original amount.

So in this case, assuming it successful raised 2.1k btc which will represent the 30% of the company, dean will automatically has the '70% stocks' worth of 4.9k. And this create also a bigger problem, the investors are not just investing to try to grab a bit in the profit like the old ways of betking. Now they also have to consider the estimate price of the whole betking and invest accordingly, otherwise if it is overvalue, it will turn out the 30% share will be traded lower than the ICO price and if dean want to raise more amount by selling his own share, it will 'add' more shares into the existing 30% market and further diluate the market.

This is the just the individual risk assessment that i made for myself.

Gambling is only for pure entertainment, so you should spend only those amount that you can afford to lose. It is never meant to be use as a tool to generate more money and if you start to think of that, you will end up chasing your losses all the time and you will use those amount that you cant afford to use and ended up in trouble.

If i am to talk about safety, i would actually choose to play in real world casino because i got to control the chips and the physical counter to exchange for cash and chips are always there. So it wont be a day that i have tons of chips and the next day i woke up to find that the casino is no longer there and i end up with useless chips. This is true for online casino whereby a lot of these casino can disappear overnight and you have lost everything.

Of course, that is why so many people want to play lottery even though it has one of the highest house edge. The stories of many people becoming millionaires do sure attract a lot of people to dream. However, the expected duration to win lottery one time is about 9 lives. So basically, you have to live for 9 different lives and bet everytime in lottery from age 0 to old, you are expected to win around 1 time only.

But what you have say does not make sense to me.

Base on past betking history, betking has huge volumes so there will be great up and down. An example is 1st period: +500btc, 2nd period: -200btc, 3rd period: +600btc, 4th period:-200 etc. Within a year, the bankroll will drop to 1.6k etc. So this system does not grow the bankroll but it will only keep depleting until???

Selling and loaning 30% of the company is different from what i understand. If you are selling 30% of the company to rise the bankroll of 2k btc.

Let say you sell the empty company(without bankroll) for 3k btc and there is still bankroll of 1.5k btc, the investors will get only 30% of 4.5k btc(3k+1.5k) because that is the total asset of the company.

But if you are talking about loaning the 2k btc to use as bank loan and in return you give them a share of the company,  then the company should use partial profit to pay back the 2k btc loan and the other partial profit to given as dividend back to the company and the remaining keep as emergency funds.

This is what i understand from stock, and the difference between bank loan/bonds and investors.

Received my payment. Thanks as usual. Cant believe that i have been here for a year in betcoin. I have moved house and i just proposed to my gf. All within a year and betcoin has been together with me. Thanks a lot.

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But the difference here is that in the first place, a lot of people are investing in betking site previously with up to 4000 btc. So in this case, betking is quite confidence that he is able to rise a significant amount without any escrow as he already have proven that he has handle the btc well for yrs.

It is good for introducing us to this video. It is not those who intense trying to push bitcoin but it is more about understanding how the china thinks about bitcoin. China used to have pushed btc over 1000usd and we knew that china can do wonders if they want.

Regardless whether the ICO raise more than 2000btc or not, 30% of the share will be given to the investors. It is just that if the amount raise is higher, you will get less share because you contribute a lesser percentage. Similar you will get more if the amount is lesser.

It is determine by supply and demand. At first, you will be given shares and by calculating how many btc you put in and the share given, you can find out the cost of each share and that would be usually the starting price of the market. However, demand or supply in the market will change over time so the price of the share will go up or down.

I am happy too because these few months i will be super busy. Dec is the only time i can have my holiday and that means that i have a super pack oct and nov to rush finish all my work so i can have my holiday in dec.

And someone mention about changing to weekly, the reason why i love to be in betcoin campaign is due to its monthly period. Sometime, i have to be oversea for work and that means i may be away for days or even a week. That is why FJ and the other campaign with weekly payment is not what i want.

I am unable to predict when the casino will make money and when it is not. However, i am still using data and making some pattern recognition out of it. I invested in both moneypot and betking and i have keep track very closely for both of them even more than what you have seen here. You only see the result of betking but if you really keep track of these 3 months week by week, you will understand more. Do you know that even though betking you see is overall having good profit, there are 1 month in these 3 month it is losing money? This is what Variance is but like what most of us say, it will still tend towards the house edge. This happen to be the same person who have been taking profit from the betking for days until he lose a lot eventually and this explain why there is a good boost in the 2nd month. Similarly, when the thread starter start his first investment, betking make a huge profit(about 1000btc) within one week, and hua_hui already start telling people that is not an accurate projection. This is because it is exactly betking has been losing the pervious 1.5 months in almost every single day to these whales who is using martingale that is taking profit but in the long run, the house edge will creep in and this cause these exact same whale to lose heavily.

As i have keep track of my betking investment week by week for almost 6 months, i would have to say that i am quite happy that i did the research. And the reason why i also dont like to share is because I am sure people will disagree and argue no matter what, so I just keep the information to myself and save the trouble to talk to this. This is the big difference of people doing proper research and people who dont.

It is very true. For real gambling, sometime one hand has to cost a min of USD$50 to play. But if you are gambling on btc casino, you can bet as low as 1mbtc and it is worth like a few dollars. That is why btc gambling is so attractive. You can play a lot even you have small amount of money.

Me too. So far, i have quite good results from investing and totally nothing but losses for gambling. The power of house edge is very significant and that is why with investment to have the house edge on your side, it is likely to profit from it.

You get so many facts wrong over here. When you are betting small, nobody say you can win. The odd is still the same whether you bet small or big. The thing is you will tend to lose because of house edge. What we are saying is that some people lose when they bet small, they end up bet big to try to recover their losses and they loss even more.

It is not 50-50 chance for sport gambling. It is a common mistake that people tend to think that there are no house edge on sport betting. It is not obvious but there is. That is why even when you bet with all the odds, you still get back lesser. It is just that with proper research, you can rise your chance of winning by a lot and thus you can have positive expected value.