Is it profitable to invest in betting sites?

[vendetahome]

most probably it is profitable but i have never tried doing that, i was thinking about investing into the just-dice website but i have never did that, i think i will check that out one day to make some profit

[pearnapple]

of course it is profitable to invest into gambling websites, even though they make you really small profits its still better than letting your money to sit and not earn you anything

[Amadues]

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

You can make the "bank" with betfair.com but if you want win a profit stable/sure/unrisky you need to place a good amount of cash.
And need a good connection wifii + 3G , 2 software (buy license), pay SAT for tv and so on.

Or you can find a betting site that accept itself an investment.
I don't know if it's possible but could be interesting as well.

[phibay]

i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

[futurebit640]

i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

Surely investing on casino's bankroll is quite safer than gambling but finding a more reliable casino to invest is very hard part. Also one shouldn't put all there money in single site, you should diversify your investments to reduce loses in case casino scam.

[Straux]

Investing in a casino basically puts you on the same side of the house. The house edge provides +EV for you, so on average, you'll make profit. But the house edge doesn't protect you from people being exceptionally lucky, or even the casino's faults, for example being hacked. But overall it is profitable.

[ingiltere]

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

It's not profitable. Don't invest any site, you probably end up losing all your investment coins. Either play for your own joy or save your coins for bigger Bitcoin prices. Don't gamble too much with your coins, Bitcoin will make bigger highs. You'll regret then if you lose your coins.

[lolnabtc]

I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.

[Hexcoin]

I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.

i invested some money in a gambling site in the past and managed to win 50% from my base bankroll. too big isn't it? its because the site is just started and im one of the early investors there so i covered a big part of the site's bankroll in that time

[lolnabtc]

I think betting site is hardly to run without profits, just depends much or less IMO.

I am a bit interested, did anyone invest before? I think it need a big amount for this investment.

i invested some money in a gambling site in the past and managed to win 50% from my base bankroll. too big isn't it? its because the site is just started and im one of the early investors there so i covered a big part of the site's bankroll in that time

sounds good, 50% is really good profit in investment. (but how long is take?) 

just wondering normally what is the min. need to be invested?
and is it all sites are welcomed for investor? you need to ask them by your own or they will show it on their site?

[Erza]

i can't say its profitable cuz i never tried it but i guess it was more profibale and more safe than gambling on your own or betting all by yourself.

i find investing on casino's bankroll interesting, might try it soon.

Surely investing on casino's bankroll is quite safer than gambling but finding a more reliable casino to invest is very hard part. Also one shouldn't put all there money in single site, you should diversify your investments to reduce loses in case casino scam.

Yeah it is true but nowadays there are so many gambling site that you can invest which is trustable too like moneypot, bitvest, justdice and betking. These are all of trustable site that I know which is many people already getting profit with it but much profit or not still depends on how much money that you put into one investment

[SyGambler]

investing is for sure way better than playing , you have the edge so mathematically you are doing a good thing
but if you can something better with the money then go for it , you should keep searching for the best opportunity and the higher edge
for example if you are a good trader then it would be better to use the money for trading instead of gambling or investing in a gambling site
cause usually a good trader has more than 1% edge

[michinzx]

I just think to invest should the trading site, but to invest in the betting site I think it would have little benefit and risk are great

the risks are great if you invest into hyip ponzis that say that they are trading websites and usually scam people, i would definitely avoid it at any costs

those arent gambling sites though, those are ponzis, and "investing" into one of those sites is a risk of itself. there is just no way that a ponzi scheme is sustainable in the long run, and its almost a guarantee that the owner will run with all deposits once it starts becoming unsustainable.

[spiritual3]

I tried it.. Even returns are also very low.. No use...

[shulio]

I tried it.. Even returns are also very low.. No use...

You cant expect to be rich instantly like gambling because investing in a gambling sites is a long process and what you get is what you risk for. If you are risking only 0.1 % of the site' s bankroll then you cant expect to get more than 0.1% of every of the site's profit so unless you are patient and have some bankroll then it is actually a waste of time

[strayanbit]

Anything greater than 10% is a pretty good investment imo, the best highest paying income stock on the ASX gives 6% and thats after franking.  Be very wary of anything that offers anything in the double digits... SCAM ALERT

[klf]

I tried it.. Even returns are also very low.. No use...

Returns may be slow and low but it is much better than gambling. If your gambling for money than you got more chances to lose money but if you invest money in casinos bankroll then over time you will make some profit. I like these investments than gambling but finding good sites to invest is quite challenging part.

[JeWay]

Investing in a betting site is more profitable than playing itself, because gambling sites has their own strategy to make the gambler lose their money
 

[socks435]

You can gain profit but its very low and i think its monthly interest just like a bank interest that you can only get 1% profit every month..

[strayanbit]

1% per a month is a lot more than most banks!