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Author Topic: What leverage do you use on bankroll investments?  (Read 477 times)
PancherBitCoin
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October 20, 2017, 08:23:54 PM
 #21

Generaly I'm using non-leveraged options. Just to reflect the real site profitability.
But e.g. yolodice allows you to make separate investments. So I have also some 5x and 10x lev. (smaller investments). The problem is when somobody wins huge amount (jackpot or w/e) the 10x leverage investment will be gone.

These leverage options are very high risky investments and you should only invest some partial amount on these kinds of high-risk investments. Many traders lost everything due to these high leverage options and it is same in casino investments also. So far I didn't do any leverage bankroll investments but invested in few casino bankrolls without any leverage options.
Yeah i think your suggestion was also pretty risky to begin with, but if you want then you can try it anyways, but as far as what i ak concerned and as he said it was too high risk on that option on leverage, the tendency is that you might actually lose everything rather than win some of it. Just saying it anyway.
If you undertake a game of chance, then you will already have to decide on that. Well, you will take risks or not. Gambling is always a risk and if you bet so specifically.
fiomcorka
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October 23, 2017, 07:12:57 PM
 #22

In some casinos where you can invest your bitcoin into the bankroll and earn from it, you are able to also leverage your investment so that the amount of profits/losses you make are magnified without having to actually deposit more money into the investment pot.

What kelly multiplier do you personally use and what do you think is the right balance between safety and risk?

Let me know with your replies Smiley

I read that most people are using 10x but for me this is too risky.

I personaly am using 2x or 3x, casino depending. Some whales could easily eat 10% of the site's bankroll and then your 10 leveraged investment is gone. But to kill 33.33% of the bankroll is much more harder.

Though the reason why most investors use the highest possible option for leverage is that gambling sites always profits in the end. There might be a whale that suddenly wins, but most of the time they just lose all throughout. It will all just even out in the long run, because statistically speaking the house edge will make the gambling site profit because it all leads to the house profiting.
It is really hard to see a gambling site that does not profit, I haven't heard of anyway. I agree with you with people winning huge and ending up putting it back in and such whales are even rare and comparing the number to the number of people who must have lost, it is still more of a huge win for the gambling site unless it is just one huge chunk of money the whale must have won. However, 10x is enough.
eternalgloom
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October 25, 2017, 02:32:53 PM
 #23

Generaly I'm using non-leveraged options. Just to reflect the real site profitability.
But e.g. yolodice allows you to make separate investments. So I have also some 5x and 10x lev. (smaller investments). The problem is when somobody wins huge amount (jackpot or w/e) the 10x leverage investment will be gone.

These leverage options are very high risky investments and you should only invest some partial amount on these kinds of high-risk investments. Many traders lost everything due to these high leverage options and it is same in casino investments also. So far I didn't do any leverage bankroll investments but invested in few casino bankrolls without any leverage options.
Yeah i think your suggestion was also pretty risky to begin with, but if you want then you can try it anyways, but as far as what i ak concerned and as he said it was too high risk on that option on leverage, the tendency is that you might actually lose everything rather than win some of it. Just saying it anyway.
If you undertake a game of chance, then you will already have to decide on that. Well, you will take risks or not. Gambling is always a risk and if you bet so specifically.
But it's not entirely about gambling here, it's about investing in a gambling site that offers a leveraged investment, which is very risky IMO.
I'd rather invest in a casino with a smaller site balance in a certain altcoin, it's still possible to get some really decent returns on a relatively small investment that way.

On Crypto-Games for example, you can invest in Gridcoin or Peercoin and get a nice profit once there's a lot of gambling activity on those coins.

Sidas_Crew669
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October 25, 2017, 02:44:21 PM
 #24

One of the things that I always do is noticed first about the place that I would use for investment. because it is sometimes a lot of people who are very good in manage bankroll but weak in observation or analysis of the investments made. So it would be much better that more focus on analysis of the place for investment compared to bankroll, because if the investment has already managed to place the analysis surely we can easily arrange to bankroll.
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