Is it profitable to invest in betting sites?

[newcripto]

Investment in some well reputed gambling sites is much more better and safer in comparison gambling.If you have better idea and well made online casino site and can promote it heavily then this is most perfect option.There is a factor of risk involved in everything keep this in idea and choose what you consider suitable for you.

[fantoos]

I prefer to gamble with my money instead of investing on some site.Although on long term is is always profitable but I do believe in luck and have chances to make much more money by gambling.Even making a site is risky may be your business go or not .

[xuan87]

It is better to invest in gambling site, in many case casino/gambling site makes profit everyday

if you play gambling you have the risk to lost your money, eventhough if you are lucky enough you can gain more profit than investing

[cancerbola]

It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too

There's a saying something along these lines "What you put in, is what you get out".
It's all proportional, it doesn't matter how much you put in, a 10% gain from an investment of 1k bits will have the same percentage gain of an investment of 10k bits.
But it's true what you said about how profits only start being noticeable in high quantities. Fun story, I once put in 70 bits into the investment and got 75 bits a month later. Even though on paper it was a juicy 7% gain, it was only a 5 bit profit in the end...

Keep in mind, investing into the house bankroll means that now you're on the house's side, so it is +EV for you, which is a good thing. The profit you gain is just a matter of the time, house edge, bet volume and player's luck.

[klf]

I prefer to gamble with my money instead of investing on some site.Although on long term is is always profitable but I do believe in luck and have chances to make much more money by gambling.Even making a site is risky may be your business go or not .

I agree that you can make more money from gambling only if your lucky otherwise you can lose all your money almost suddenly but if you invest some portion of your money on good sites than you can slowly grow your coins and if site is trusted than mostly you will not lose you're money.

[strayanbit]

Which casinos can you invest in their stake?
Wouldn't stock in the casino be a better idea?

[hua_hui]

there have been cases whereby casino just run away with the investor btc. and it has happened to a lot of cases already. so it is better to invest on popular or rep sites. i still dont think it is gd to gamble.

[dodgecharger]

Which casinos can you invest in their stake?
Wouldn't stock in the casino be a better idea?

Like Betking, SafeDice, Just-Dice,MoneyPot Etc, they are existing long time and have a good reputation of paying out, just as hua-hui mentioned, being popular and having good reputation. You could try with little money first. When you feel comfortable, you could invest more.

[lite]

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

Investing on a reputable website is better than gambling, you would make profit in long run by investing while in gambling you'll keep on losing. ( if you can't control yourself from chasing your loses)

[newcoins1978]

Both has got risks that comes with it
I think it's safer to invest rather than gamble yourself
This would also depend on how well the casino is going

[fravia]

it is profitable but the profits are very small, i myself used to invest into just-dice while it still worked with bitcoins and i made some small amounts of bitcoins, i recommend to invest

[MasoVa]

we are know the both so risky but in my opinion i prefer betting our self
because invest on betting site sometimes unprofitable because someone win big

[Nimbulan]

it might be profitable in my opinion though i have never tried that out, in my opinion its better for my money to sit in my wallet than give it to someone who might take it at any time they want

[piebeyb]

of course yes, but need to see whether it is large or small gambling sites, usually people will invest if the gambling sites large and popular

[buyinbtc]

of course it is profitable, people lose money in casinos what means that they would make you some profit, if i had a lot of money i would definitely invest it and make some decent profit out of it

[BTCevo]

It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too

There's a saying something along these lines "What you put in, is what you get out".
It's all proportional, it doesn't matter how much you put in, a 10% gain from an investment of 1k bits will have the same percentage gain of an investment of 10k bits.
But it's true what you said about how profits only start being noticeable in high quantities. Fun story, I once put in 70 bits into the investment and got 75 bits a month later. Even though on paper it was a juicy 7% gain, it was only a 5 bit profit in the end...

Keep in mind, investing into the house bankroll means that now you're on the house's side, so it is +EV for you, which is a good thing. The profit you gain is just a matter of the time, house edge, bet volume and player's luck.

Btw 7% is around 5bit profit so if you put more on your invest I think you could earn more than just 5 bit. And I think that is depends on the house, there is no way they could guarantee your profit just like that. Yeah ir is fun to be on house side but still heart beating when big whale coming or some lucky player have big win

[Holdaaja]

Of course investing is safer. Because then house edge is on you side.
For same reason you have higher change to lose than win when gambling.

[safari88]

both have risk, but I prefer betting own. can make a safe bet, but it does not guarantee to win, at least the chance of winning a greater

[hua_hui]

i prefer to invest den to bet. at least i know i will never lose it all. and if it is nothing weird going on, house edge should be on ur side so you can profit from it normally.

[Pony789]

It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too

There's a saying something along these lines "What you put in, is what you get out".
It's all proportional, it doesn't matter how much you put in, a 10% gain from an investment of 1k bits will have the same percentage gain of an investment of 10k bits.
But it's true what you said about how profits only start being noticeable in high quantities. Fun story, I once put in 70 bits into the investment and got 75 bits a month later. Even though on paper it was a juicy 7% gain, it was only a 5 bit profit in the end...

Keep in mind, investing into the house bankroll means that now you're on the house's side, so it is +EV for you, which is a good thing. The profit you gain is just a matter of the time, house edge, bet volume and player's luck.

A 7% gain in a month (when converted to APR it is 125%) is amazing. I am curious which site is that. Is it a new site with a very small bankroll but relatively many players?