Casinos with option to invest?

[eternalgloom]

I'd like to find some more casino's that have the option to invest besides gambling.
Does anyone have experience with this and how much would you generally make on an investment like that?

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[arallmuus]

I'd like to find some more casino's that have the option to invest besides gambling.

Here is a nice compilation list of all great gambling site by Nico http://dicesites.com/, some has the invest option

Suggestion would be investing in moneypot 

Disclaimer : I am a bit biased on this

Does anyone have experience with this and how much would you generally make on an investment like that?

It totally depends on the amount you invested as well as the kelly criterion . When you are investing in a gambling sites, you are supporting a percentage of the house loses as well as getting percentage of the house profit.
Assuming that you are using a 1x kelly criterion in investing and supporting 5 % of the bankroll that means your risk is 1x of it but if you choose 2x kelly criterion then you are risking double of that

For more information on kelly criterion : https://en.wikipedia.org/wiki/Kelly_criterion

[eternalgloom]

I'd like to find some more casino's that have the option to invest besides gambling.

Here is a nice compilation list of all great gambling site by Nico http://dicesites.com/, some has the invest option

Suggestion would be investing in moneypot  

Disclaimer : I am a bit biased on this

Does anyone have experience with this and how much would you generally make on an investment like that?

It totally depends on the amount you invested as well as the kelly criterion . When you are investing in a gambling sites, you are supporting a percentage of the house loses as well as getting percentage of the house profit.
Assuming that you are using a 1x kelly criterion in investing and supporting 5 % of the bankroll that means your risk is 1x of it but if you choose 2x kelly criterion then you are risking double of that

For more information on kelly criterion : https://en.wikipedia.org/wiki/Kelly_criterion

Wow, thanks for the effort, yeah I had already found a small list on http://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html but http://www.dicesites.com has some really nice stats on investing I see.

The kelly criteron looks like it's an essential read when investing in a gambling site, will certainly look into that before actually investing.

[kronkodil]

I have invest to dice crypto-games.net (my signature)  and for now i have earn with all crypto (btc, doge, litecoin and dash)

arallmuus can tou explain better the funcion of moneypot investment please?

ps. why you have write to micro font "Disclaimer : I am a bit biased on this "  

[eternalgloom]

I have invest to dice crypto-games.net (my signature)  and for now i have earn with all crypto (btc, doge, litecoin and dash)

arallmuus can tou explain better the funcion of moneypot investment please?

ps. why you have write to micro font "Disclaimer : I am a bit biased on this "  

Haha, I have the same signature, hadn't even noticed that they had an investment option
Gotta check it out, and maybe I could even invest using my sig earnings and possible referral earnings.

[amiryaqot]

I have invest to dice crypto-games.net (my signature)  and for now i have earn with all crypto (btc, doge, litecoin and dash)

arallmuus can tou explain better the funcion of moneypot investment please?

ps. why you have write to micro font "Disclaimer : I am a bit biased on this "  

What function you want to know about investment in moneypot?
that question is a little bit confusing as you already invested in gambling site so all gambling sites works same but it is most important thing is bankroll what that site so moneypot will work like other but it depends on your investment and Kelly selection what you choose there for your investment.

[mindrust]

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

[eternalgloom]

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

Why would you not build up your own casino?
Seems like a massive undertaking, not to mention the regulations you'd have to deal with.

[twister]

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

Why would you not build up your own casino?
Seems like a massive undertaking, not to mention the regulations you'd have to deal with.

Ofcourse it is difficult to own a maintain a Casino but what he meant was, when it comes to investing the first thing people look for is trust in the company they're going to invest in and which is why Moneypot, Just-dice etc are the Casinos you'll most likely see people investing in, many Dice/Casinos have ran away with investor's funds in the past, therefore people don't trust the new sites too fast.

[rodrigobitcoin]

The only problem of investment on dice or casino, is the dev of site, can close site and scam all bitcoin, because the casino, to the long terms, win always

[trafficolaa]

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

That is your opinion what you think about to invest in casino but that is not like that to give money any unknown person and there are so many trusted casino owner around who are offering legit invest option, investment can be risky if any player won big amount than you can lose your money there.

[waterpile]

My experience about investments?

Its not worth it if you like only own a little % of the bankroll like. Just observe the profits of the sites and I think its been months and little have changed.

[eternalgloom]

I wouldn't invest on someone else's casino.

I thought about it.

The idea is always the same. More money you got, less chances to get ceared up. If you put 100$ dollars on somebody else's casino, its much likely to lost to someone. Also my money will be in another guy's hands, i wouldn't like it.

Why wouldn't i build up my own casino with a much larger bank? Think about it.

Why would you not build up your own casino?
Seems like a massive undertaking, not to mention the regulations you'd have to deal with.

Ofcourse it is difficult to own a maintain a Casino but what he meant was, when it comes to investing the first thing people look for is trust in the company they're going to invest in and which is why Moneypot, Just-dice etc are the Casinos you'll most likely see people investing in, many Dice/Casinos have ran away with investor's funds in the past, therefore people don't trust the new sites too fast.

Yeah sure, but that's just a matter of doing your research before you choose to invest. I was just saying that there is a big difference between investing in a casino and building your own.
The latter would honestly be near impossible for a lot of people.

[kronkodil]

Thanks for the reply amiryaqot
i have always understand moneypot is a "bank" for other casino. For now i have invest in single casino or dice

[tonycamp]

its like a 51% sure of profit into the invest into a casino but don't get you more than 6% per month in my ruff estimated experienced numbers there's some good

[arallmuus]

-snip-

Wow, thanks for the effort

No problem

The kelly criteron looks like it's an essential read when investing in a gambling site, will certainly look into that before actually investing.

It is essential because you absolutely dont want to get yourself burned of using a high kelly criterion

arallmuus can you explain better the funcion of moneypot investment please?

I saw that amiry answered this already but he got a few point wrong on this. The investment used a generalized kelly criterion which only allow 1x kelly at the site and the bankroll in moneypot serves as a whole bankroll for all the apps there which means that you cant invest in a specific site but you can only invest in the bankroll as an equity. Your profit / lost would be based on how many percentage of the bankroll that you own because it is just 1x kelly

More references : https://www.moneypot.com/faq

ps. why you have write to micro font "Disclaimer : I am a bit biased on this " 

Because I am a moneypot enthusiast though there are some other good options to invest as well so that opinion is kinda biased

Why wouldn't i build up my own casino with a much larger bank? Think about it.

Because someone doesnt have the funds to start their own casino as well as to bankroll the site. Goodthing that there is moneypot right now

Seems like a massive undertaking, not to mention the regulations you'd have to deal with.

To begin with, 90 % of the gambling sites around here is pretty much "illegal"

Just observe the profits of the sites and I think its been months and little have changed.

It totally depends on the wagered volume so basically if you are investing in a site with low volume you can expect only a slight changes on the profit ( theoretically ) because most sites has an edge of 1 % so that means each 100 BTC wagered would only give the site 1 BTC profit ( more or less ) so if you observed it from a low volume site then there isnt any much changes

i have always understand moneypot is a "bank" for other casino.

Wrong, moneypot is merely a "gambling wallet" and also a project that enable everyone to have their own gambling site without risking anything

[Coef]

its like a 51% sure of profit into the invest into a casino but don't get you more than 6% per month in my ruff estimated experienced numbers there's some good

If you are able to get 6% profit every month, you will be getting 101% profit per annum with compounding (ie. reinvesting all your investment profit), which is in fact a very high return rate. I can't think of any legit investment in bitcoin or in USD that can give me such a return rate.

[lexuz]

Many casino accept investor but i dont know is profitable or not if you try to invest in one site. Because they offer is too low and i think too risk if you invest your money in casino online. I mean is same you send money to other person and you dont know who they are

[sherbyspark]

Many casino accept investor but i dont know is profitable or not if you try to invest in one site. Because they offer is too low and i think too risk if you invest your money in casino online. I mean is same you send money to other person and you dont know who they are

Investing in a gambling site is like investing in the house which has an edge, so if you consider short term it land either in profits or loss. But in the long terms would profit almost certainly. But yes the risk of the operator taking away the money is always there.

its like a 51% sure of profit into the invest into a casino but don't get you more than 6% per month in my ruff estimated experienced numbers there's some good

If you are able to get 6% profit every month, you will be getting 101% profit per annum with compounding (ie. reinvesting all your investment profit), which is in fact a very high return rate. I can't think of any legit investment in bitcoin or in USD that can give me such a return rate.

Would be more around the 91% figure, but I really don't think any of the casino sites have been able to keep that percentage to be constant.

[Coef]

its like a 51% sure of profit into the invest into a casino but don't get you more than 6% per month in my ruff estimated experienced numbers there's some good

If you are able to get 6% profit every month, you will be getting 101% profit per annum with compounding (ie. reinvesting all your investment profit), which is in fact a very high return rate. I can't think of any legit investment in bitcoin or in USD that can give me such a return rate.

Would be more around the 91% figure, but I really don't think any of the casino sites have been able to keep that percentage to be constant.

How do you get 91%? 1.06^12 = 2.012, which is how I got 101% p.a. 

It is true that the profit rate wouldn't be very stable as it depends on the wagered and players' luck, but still the return rate should be better most of the investment opportunities out there.