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Author Topic: Any good dice site users could invest?  (Read 4119 times)
RHavar
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December 11, 2015, 02:35:06 AM
 #41

Just to add to that, here's the profit chart of my other site (bustabit, but doesn't take investors):



which is probably the 2nd most wagered at bitcoin casino (after PD), despite the incredible volume, and obvious trend (from the house edge) the site hasn't made me money in 2 months. If you expect a consistent daily profit, you're going to be very disappointed =)

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
MinerHQ
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December 11, 2015, 02:46:13 AM
 #42

Just to add to that, here's the profit chart of my other site (bustabit, but doesn't take investors):



which is probably the 2nd most wagered at bitcoin casino (after PD), despite the incredible volume, and obvious trend (from the house edge) the site hasn't made me money in 2 months. If you expect a consistent daily profit, you're going to be very disappointed =)

I think most of the big sites who are making good profits and if they have sufficient funds will not allow for investors to take the their profit cut. So we need to find some new and trusted sites to invest our money but as you said we may not be making a regular profits or income from these investments. We should find few good sites and diversify our investments to make some good money.
biggbox (OP)
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December 11, 2015, 06:44:05 PM
 #43

Just to add to that, here's the profit chart of my other site (bustabit, but doesn't take investors):



which is probably the 2nd most wagered at bitcoin casino (after PD), despite the incredible volume, and obvious trend (from the house edge) the site hasn't made me money in 2 months. If you expect a consistent daily profit, you're going to be very disappointed =)

Hi Rhavar,

Thank you for sharing. I always believe the house has an edge and it should be profitable for the average investor in a medium term (I don't believe in gambling). Looks like that is not the case? Sad


I am looking for reputable sites to grow part of my coins. It cannot be sitting idling.

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RHavar
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December 11, 2015, 07:08:44 PM
 #44

Thank you for sharing. I always believe the house has an edge and it should be profitable for the average investor in a medium term (I don't believe in gambling). Looks like that is not the case? Sad

Probably not. Imagine for instance I'm a gambler with a 100 BTC and every day I bet 100 BTC in dice @ 98% chance of winning. I keep doing this until one day I bust the 100. Each day, there's only 98% chance that investors will lose money to me; yet it makes sense for them to accept my bet (it's +EV and kelly compliant). Eventually I'm going to bust my 100 btc, but there's a reasonable (~13.5%) that even after I bust I'll still be at a profit. And it very well could be 6-months before I bust. Or perhaps after 6 months I get get bored of this particular casino, and end up losing it on another. (Or decide to quit gambling all-together)

On bustabit for instance i actually have a player who behaves similar to this: https://www.bustabit.com/user/kapi18wro   (he wins a bitcoin or so each day, and aggressively loss-chases if he's down). So far he's up 41 bitcoin yet each bet he made, made sense for me to back.


I guess the common sense approach works best here: If it was risk-free, why would casinos even want your money?

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
RHavar
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December 11, 2015, 07:10:28 PM
 #45

I am looking for reputable sites to grow part of my coins. It cannot be sitting idling.

Hasn't been such a bad time to leave coins idling:


Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
BitBatFan
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December 11, 2015, 08:34:53 PM
 #46

Bitcoin dice sites with invest option:
https://docs.google.com/spreadsheets/d/1APWo6ENbjFgl1ECw52vU5yOZewB-YJSM3LC0QxPetbc/edit?usp=sharing
lolgato
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December 11, 2015, 08:46:10 PM
 #47

Edit realized he wanted dice sites well a good dice site would be satoshi dice just dice as many others stated if prime dice would accept investment I would invest there  Tongue
smiletyson
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December 11, 2015, 08:48:53 PM
 #48

Moneypot's investment system is cool. You can invest & divest any moment you want. I've tried it for a week and made me %2.5 profit.
marioantonini
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December 11, 2015, 08:52:54 PM
 #49


i have invest a little amount to more of the site in your list, but generally i don't invest in dice/casino with a big faucet and low timer claim. In the past, first to scam, dadice pay 12500 satoshi faucet every 3 minutes, more user clam, bet x10 and withdraw. Why i pay (with my investment) for user who use only a faucet?
BitBatFan
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December 11, 2015, 08:56:41 PM
 #50


i have invest a little amount to more of the site in your list, but generally i don't invest in dice/casino with a big faucet and low timer claim. In the past, first to scam, dadice pay 12500 satoshi faucet every 3 minutes, more user clam, bet x10 and withdraw. Why i pay (with my investment) for user who use only a faucet?
So you're saying that every site who has big foucet is scam? That's ridiculous.
vendetahome
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December 11, 2015, 09:25:07 PM
 #51

there are a lot of dice websites that offer such possibility to invest in it though i dont recommend doing that as they can just run away with your money what would mean a big loss for the investor
eternalgloom
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December 11, 2015, 09:28:21 PM
 #52

I know that you can invest in Crypto Games, they have a pretty low minimum deposit and it's profitable.
And you could also check out Moneypot.

klf
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December 12, 2015, 01:35:54 AM
 #53

Just to add to that, here's the profit chart of my other site (bustabit, but doesn't take investors):



which is probably the 2nd most wagered at bitcoin casino (after PD), despite the incredible volume, and obvious trend (from the house edge) the site hasn't made me money in 2 months. If you expect a consistent daily profit, you're going to be very disappointed =)

Hi Rhavar,

Thank you for sharing. I always believe the house has an edge and it should be profitable for the average investor in a medium term (I don't believe in gambling). Looks like that is not the case? Sad


I am looking for reputable sites to grow part of my coins. It cannot be sitting idling.

No, some site owners if they want to cheat investors than they still can do it so while investing it is very important to find a trustworthy sites to invest. If we find few good trustworthy sites than we can make a some good profit from our coins. As of now I put some coins in Bitvest site and still looking couple more good sites to invest.
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December 12, 2015, 02:26:09 AM
 #54

The only two ive ever invested in are Satoshidice and Moneypot. Satoshidice lost me 0.1, would never invest they're again. Moneypot made me 0.03, so if personally recommend them.

But the best would obviously be just dice. The only problem is that they use clams. Even though you'd make profit, clams are pretty volatile and might end up being with less when you bought them typo when you can it from Justdice.
biggbox (OP)
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December 12, 2015, 04:27:07 AM
 #55

I am looking for reputable sites to grow part of my coins. It cannot be sitting idling.

Hasn't been such a bad time to leave coins idling:




Regardless of coin prices, I believe coins shouldn't be left to idle. IMHO, unlike traditional investment instruments such as shares or bluechips, BTC is essentially backed by nothing except for supply/demand & market forces (which i believe are being manipulated). If one were to invest in shares/bluechips, they are putting money in an organisation which will grow in value and this backs the shares/bluechip prices.

Coins are not backed by any organisations or commercial entities, hence I feel the coins must be grown passively to increase its physical value.

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biggbox (OP)
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December 12, 2015, 04:28:30 AM
 #56

Moneypot's investment system is cool. You can invest & divest any moment you want. I've tried it for a week and made me %2.5 profit.

The only two ive ever invested in are Satoshidice and Moneypot. Satoshidice lost me 0.1, would never invest they're again. Moneypot made me 0.03, so if personally recommend them.

Ditto. My moneypot investment is in green, it's growing very slowly but better than nothing. Perhaps luck is on my side? I never got any luck with SD. I am unsure if SD changed its core after its ownership transfer.

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MTBTT
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December 12, 2015, 04:29:16 AM
 #57

I personally use Just-Dice although the clam prices have been falling quite a bit recently.

Bitdice.me has an investing option as well. So does Safedice. I would really like to see PD opening investments though.
diodio5
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December 12, 2015, 04:33:59 AM
 #58

popular gambling sites such as primedice and rollin.io doesn't provide facilities for investment, though I'm sure if you invest in that site, you'll get profit
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December 12, 2015, 04:11:38 PM
 #59

I don't know of any good dice sites you can invest in but I know of a plinko site that has a higher house edge than dice and accepts investment.
Go check out BitVest. It's run by lightlord of 777 casino fame and they allow public investments. Its very lucrative actually and I suggest you check it out.

No limits on invest or divest makes it fun to "daytrade" people as they play and I once made .008 BTC with .07 BTC invested in about 5 minutes daytrading a large roller.

Click my signature link bnelow if you would like to check out the site.


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biggbox (OP)
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December 12, 2015, 06:11:24 PM
 #60

I had previously suggested you to try satoshidice, I just came back to contradict myself (sorry). There are ongoing issues with the site (you can read it in their official thread here), their customer support is slow as fuck (so, if you ever run into a problem, you will have to wait for quite a long time) and, as other users have said above, I too lost a shitload there (invested 0.2 and in 3 days it was already 0.196, again, considering the ongoing issues, I better withdrew).

I invested once in bitvest, 0.02, won 20k satoshis in 2 days. I have no idea about how the investments are behaving these days, but it used to be profitable (also, there is always nice people chatting).

No worries. I hope you've recouped your losses!

Anyway, a bit of history, I read that SD founder has sold off SD for a record number of Bitcoins and it was seen as the breakthrough for BTC then. The founder went on to develop ShapeShift.io.

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