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Author Topic: 🌟Thoughts on investing then gambling combo🌟  (Read 2099 times)
SparkedDev (OP)
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June 01, 2016, 04:31:13 AM
 #61

It really only depends this theory is basically a way to get knock back if you a higher roller player.
It can be used on lower sites where the investment is also low, but the point here is getting knock back off your own bets.



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Sir_lagsalot
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June 01, 2016, 04:40:25 AM
 #62

Cool idea. If my logic is correct, having 5% of the bankroll will nullify the effect of a house edge. Anything more would mean +EV.

On the contrary, owning 5% of the bankroll usually means you get 5% after the house cut. I'd estimate it to be about 20%, meaning that you'd only get 5% of 80%
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June 01, 2016, 04:43:07 AM
Last edit: June 01, 2016, 04:55:11 AM by SparkedDev
 #63

Cool idea. If my logic is correct, having 5% of the bankroll will nullify the effect of a house edge. Anything more would mean +EV.

On the contrary, owning 5% of the bankroll usually means you get 5% after the house cut. I'd estimate it to be about 20%, meaning that you'd only get 5% of 80%

Well thats does depend on the casino i know of a few that give most the edge to the investors.
Bitvest being one of them its 1.7% edge investors get 1.15 and site gets 0.55% the rest is based on how much is lost and your share of the investment.
Then again you have to read sites carefully because some take the full edge on investment based gambling sites as a fee.

I'm pretty sure this could be a universal game plan tho i tried it with dice, plus there is other methods that can be stacked with this to get even more back out of it.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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June 01, 2016, 04:54:47 AM
 #64

Thanks OP for creating this topic as i have heard about investing in gambling sites and playing but i had not experience or idea about it, some of them said it is bit more risky to invest in gambling sites and better to play, but after fully going through your thread now i have a clear picture of investing in gambling sites as well as playing is good theory and idea. I will also try the same idea first with small investment and about the risk that is their in all investments that we have to take care.
FabioDelcatto
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June 01, 2016, 07:13:27 AM
 #65

Cool idea. If my logic is correct, having 5% of the bankroll will nullify the effect of a house edge. Anything more would mean +EV.

On the contrary, owning 5% of the bankroll usually means you get 5% after the house cut. I'd estimate it to be about 20%, meaning that you'd only get 5% of 80%

Well thats does depend on the casino i know of a few that give most the edge to the investors.
Bitvest being one of them its 1.7% edge investors get 1.15 and site gets 0.55% the rest is based on how much is lost and your share of the investment.
Then again you have to read sites carefully because some take the full edge on investment based gambling sites as a fee.

I'm pretty sure this could be a universal game plan tho i tried it with dice, plus there is other methods that can be stacked with this to get even more back out of it.
It will be not the best thing that you can do with gambling and that is because if you are making an investment in gambling there is also a high chance that you can lose it.
So the best thing that you have to do is just to play with small amounts so it wont be that worst if you are losing some money with gambling.
Sir_lagsalot
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June 01, 2016, 12:06:20 PM
 #66

Cool idea. If my logic is correct, having 5% of the bankroll will nullify the effect of a house edge. Anything more would mean +EV.

On the contrary, owning 5% of the bankroll usually means you get 5% after the house cut. I'd estimate it to be about 20%, meaning that you'd only get 5% of 80%

Well thats does depend on the casino i know of a few that give most the edge to the investors.
Bitvest being one of them its 1.7% edge investors get 1.15 and site gets 0.55% the rest is based on how much is lost and your share of the investment.
Then again you have to read sites carefully because some take the full edge on investment based gambling sites as a fee.

I'm pretty sure this could be a universal game plan tho i tried it with dice, plus there is other methods that can be stacked with this to get even more back out of it.
It will be not the best thing that you can do with gambling and that is because if you are making an investment in gambling there is also a high chance that you can lose it.
So the best thing that you have to do is just to play with small amounts so it wont be that worst if you are losing some money with gambling.

If you gamble on a low-traffic gambling site that gives a large portion of the edge to the investors, you could easily become a big fish. You would win less, but also lose less. So it's basically softening your wins and losses. The question is - For better or for worse?
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June 01, 2016, 12:38:59 PM
 #67

Cool idea. If my logic is correct, having 5% of the bankroll will nullify the effect of a house edge. Anything more would mean +EV.

On the contrary, owning 5% of the bankroll usually means you get 5% after the house cut. I'd estimate it to be about 20%, meaning that you'd only get 5% of 80%

Well thats does depend on the casino i know of a few that give most the edge to the investors.
Bitvest being one of them its 1.7% edge investors get 1.15 and site gets 0.55% the rest is based on how much is lost and your share of the investment.
Then again you have to read sites carefully because some take the full edge on investment based gambling sites as a fee.

I'm pretty sure this could be a universal game plan tho i tried it with dice, plus there is other methods that can be stacked with this to get even more back out of it.
It will be not the best thing that you can do with gambling and that is because if you are making an investment in gambling there is also a high chance that you can lose it.
So the best thing that you have to do is just to play with small amounts so it wont be that worst if you are losing some money with gambling.

If you gamble on a low-traffic gambling site that gives a large portion of the edge to the investors, you could easily become a big fish. You would win less, but also lose less. So it's basically softening your wins and losses. The question is - For better or for worse?
As i wrote before in this thread - it will softening your wins and losses, but slowly will be going down, because casinos fee always will be on this same level. In my opinion this "combo" makes that your way to lose everything is just longer then in classic way.

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