Is it profitable to invest in betting sites?

[jerowacik]

Investing in betting site is profitable,but it is long term
you will need to wait a really long time to reach a certain profit or even double your current amount of money

I have a different opinion .if we want to invest in gambling just takes a little time. in fact the most important risks.

[jjacob]

The biggest risk in investing in (online) betting companies is that the owner might run away with your money.
Other things to consider are the site's security practices.
If these things are settled, the house tends to make a decent return on bankroll.

[Dennis7777]

I've heard the average of profit from invest in gambling website is 1% per month hmmmm ...
So if you planning to double your money by investing to gambling website, at least you need 100 month to make it 
Small profit for guaranteed profit!

I don't think the average profit is that low. With a 1% house edge, it would mean the site has a very low asset turnover rate. As a see on http://dicesites.com/, the asset turnover rate is not that bad. For example, Bitdice has a bankroll of 1,677 and a weekly wagered of 807 while Satoshidice has a bankroll of 4,920 and a weekly wagered of 8852.

[gizane]

Investing in betting site is profitable,but it is long term
you will need to wait a really long time to reach a certain profit or even double your current amount of money

I have a different opinion .if we want to invest in gambling just takes a little time. in fact the most important risks.

What do you mean takes a little time? What I know if you want to invest you really need more time to get more profit, although this is gambling investment but the based is just the same. More time so you will get more wagered that means you have more profit

[Supercrypt]

I've heard the average of profit from invest in gambling website is 1% per month hmmmm ...
So if you planning to double your money by investing to gambling website, at least you need 100 month to make it 
Small profit for guaranteed profit!

I don't think the average profit is that low. With a 1% house edge, it would mean the site has a very low asset turnover rate. As a see on http://dicesites.com/, the asset turnover rate is not that bad. For example, Bitdice has a bankroll of 1,677 and a weekly wagered of 807 while Satoshidice has a bankroll of 4,920 and a weekly wagered of 8852.

I think its right and you are safe too with dice sites investment ( unless they scam ) , you can easily be assured that a dice site wont go in loss, unless people find a exploit, or the site is just too lucky for users.

[cazkooo]

I think its right and you are safe too with dice sites investment ( unless they scam ) , you can easily be assured that a dice site wont go in loss, unless people find a exploit, or the site is just too lucky for users.

There are of course alot of risk if people keep seeing this thing in different angle. This kind of risk should not be included in the risk level of investing in a dice site since it is more about paranoia rather than actual thing happening there. So far the number of trusted gambling investment site and those sites that scammed their investor is much higher

[bitgolden]

Yes it is always Profitable in investing in famous gambling sites but I think the most important thing you need is luck. Past experience will help you to earn like choosing legit sites. 

[SyGambler]

The biggest risk in investing in (online) betting companies is that the owner might run away with your money.
Other things to consider are the site's security practices.
If these things are settled, the house tends to make a decent return on bankroll.

well when a site build a good repu I don't think the owner will run with the money , cause the owner is already making money and he has a great passive income
trusted sites are well known theses days , just try to not invest in new sites or in sites which offer huge giveaways and faucet like Dadice

[XinXan]

The biggest risk in investing in (online) betting companies is that the owner might run away with your money.
Other things to consider are the site's security practices.
If these things are settled, the house tends to make a decent return on bankroll.

well when a site build a good repu I don't think the owner will run with the money , cause the owner is already making money and he has a great passive income
trusted sites are well known theses days , just try to not invest in new sites or in sites which offer huge giveaways and faucet like Dadice

The biggest problem is that well established and well known casinos don't need investments so they don't implement that option. Sure just-dice has an investment option but remember that you are investing in CLAMS which can be extremely volatile meaning no guarantees whatsoever.

[pjsonowal]

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

yeah it is profitable and also your investment may return loss as well .

This is because if a player losses you will get profit and if a player wins your investment will return you loss.
There is no limit to you return whether profit/loss. Some of the sites provide margin/multiplier to control the profit or loss(bitvest.io)

[camelson]

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

yeah it is profitable and also your investment may return loss as well .

This is because if a player losses you will get profit and if a player wins your investment will return you loss.
There is no limit to you return whether profit/loss. Some of the sites provide margin/multiplier to control the profit or loss(bitvest.io)

Let me ask a Question from you, Is it profitable to invest your money in gambling site? I think its more simple and clear, Because everyone Knows that "Gambling is Play at your Own risk" Its equal chances that you may loose or Win. But result is always negative. Because when you won a game you tries to play another in which you loose your money. There are many example. Those who can not control their nerves while gambling they always loose.

[buyinbtc]

Yes it is always Profitable in investing in famous gambling sites but I think the most important thing you need is luck. Past experience will help you to earn like choosing legit sites. 

i agree that it can be profitable if you would hold your money in a casino for a very long time, but then there is a huge risk that the owners will just run away with your money, i wouldnt risk it

[vendetahome]

i guess its more or less profitable even though it makes you only small amounts of money but still its better than just letting your money to stay in your wallet and not earn you anything

[pjsonowal]

I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?

yeah it is profitable and also your investment may return loss as well .

This is because if a player losses you will get profit and if a player wins your investment will return you loss.
There is no limit to you return whether profit/loss. Some of the sites provide margin/multiplier to control the profit or loss(bitvest.io)

Let me ask a Question from you, Is it profitable to invest your money in gambling site? I think its more simple and clear, Because everyone Knows that "Gambling is Play at your Own risk" Its equal chances that you may loose or Win. But result is always negative. Because when you won a game you tries to play another in which you loose your money. There are many example. Those who can not control their nerves while gambling they always loose.

First thing first - Are we talking about investing or gambling?

Second thing - It is not likely that a user who won a game will always play another game.I agree with your statement but it is only limited to users who doesn't have any self-control.However i will like to markup some things that all gamblers are not without self-control ,there are still many gamblers who are pretty smart and can switch over strategies time to time to reap up some profit.

[Sir_lagsalot]

Due to the house edge, investing in big casinos is very profitable. If they have high traffic, many people will be betting, and due to the house edge, will most likely be losing. And with this huge traffic, it can cover big wins made by players.

[WEBcreator]

Due to the house edge, investing in big casinos is very profitable. If they have high traffic, many people will be betting, and due to the house edge, will most likely be losing. And with this huge traffic, it can cover big wins made by players.

If you consider all aspect then there is always a risk to it especially when variances turn against the house and make players win then the house will suffer thus that means the investor will suffer as well . Variances happen rarely but once it happens then it is always hurt no matter what, so there is always a risk

[pooya87]

Due to the house edge, investing in big casinos is very profitable. If they have high traffic, many people will be betting, and due to the house edge, will most likely be losing. And with this huge traffic, it can cover big wins made by players.

If you consider all aspect then there is always a risk to it especially when variances turn against the house and make players win then the house will suffer thus that means the investor will suffer as well . Variances happen rarely but once it happens then it is always hurt no matter what, so there is always a risk

i agree. and i always am going to be afraid about if they are planning to close the site down and run away with the money before i even get my initial investment back 1% at a time.
trusting people online and especially in bitcoin world with all the scams and anonymity is super hard.

[frendsento]

well this is the question most likely to ask by a member that is new to gambling my opinion is this , yes it is profitable to invest n gambling site like making your own gambling site because the house is more likely to make a profit in a long run however when investing your bitcoin in a gambling site that is pretty different question but i know that it more safe to invest in gambling site than to gamble by yourself.

[bitlancr]

It can be profitable if the sites itself are relaible.

To determine this you should be able to talk to them and see if they work professionally.

[SyGambler]

The biggest risk in investing in (online) betting companies is that the owner might run away with your money.
Other things to consider are the site's security practices.
If these things are settled, the house tends to make a decent return on bankroll.

well when a site build a good repu I don't think the owner will run with the money , cause the owner is already making money and he has a great passive income
trusted sites are well known theses days , just try to not invest in new sites or in sites which offer huge giveaways and faucet like Dadice

The biggest problem is that well established and well known casinos don't need investments so they don't implement that option. Sure just-dice has an investment option but remember that you are investing in CLAMS which can be extremely volatile meaning no guarantees whatsoever.

nah buddy , there are plenty of trusted sites that accept investments
each Admin has a certain view for his business , some sites like to do their business alone and others like to open investment
in the first case the site will make profit in the long run and more than sites that allow their players to invest but this case needs a huge bankroll and the admin will face losing and winning days
while the Admins in sites that accept investments are making money daily cause they are taking commissions if there investors won or lost