Is it profitable to invest in betting sites?

[eternalgloom]

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

I have invested in a few different sites for some months. From my personal experience, the average return is a lot better than 1% a month. But I don't think it should be compared with the bank deposit rate, as the degree of risk is very much different.

can i know what is all the gambling sites u invest in? may be interested to divert my investment too.

I sometimes earn up to 1% per day on crypto-games. I currently have 0.5 btc invested there.
Check out a screenshot of my earnings:

[patt0]

Are there any dedicated sites where we can perform investments on gambling sites?
I saw many threads about investing in gambling sites, that it is beginning to catch my attention. I usually just gamble, never tried to invest on sites.
Any ideas on where to start?

[sishendaoye]

Are there any dedicated sites where we can perform investments on gambling sites?
I saw many threads about investing in gambling sites, that it is beginning to catch my attention. I usually just gamble, never tried to invest on sites.
Any ideas on where to start?

Me is interested too. I've only seen an investing option with bitmixer https://bitmixer.io/ (right top), but the min. amount is 100 BTC which is too much for me.
But never on any other gambling site. Which gambling site offers this?

[Shogen]

Are there any dedicated sites where we can perform investments on gambling sites?
I saw many threads about investing in gambling sites, that it is beginning to catch my attention. I usually just gamble, never tried to invest on sites.
Any ideas on where to start?

Me is interested too. I've only seen an investing option with bitmixer https://bitmixer.io/ (right top), but the min. amount is 100 BTC which is too much for me.
But never on any other gambling site. Which gambling site offers this?

You may want to check http://dicesites.com/, on which you can find a couple of invest-able dice sites together with some stats and graphs on their performance.

[Ubertroco]

Dont think its profitable. Its more linked to the fun or addiction than investiment.

[wearepoor]

Dont think its profitable. Its more linked to the fun or addiction than investiment.

Agreed with you, its not advisable to invest in a betting site. These sites are for fun and enjoyment, there is no concrete profit from such sites, so its better to bet on your favorite sport or any other event and make some profit. There are many other options available which can be proved as profitable investment, try it.

[Snail2]

If investing in betting sites wouldn't be profitable, there wouldn't be any investors. However as we can see there are many people who are actually investing in these sites, so on a well established reputable site this must be profitable. I think I'm going to take a closer look at this.

[doublemore]

If investing in betting sites wouldn't be profitable, there wouldn't be any investors. However as we can see there are many people who are actually investing in these sites, so on a well established reputable site this must be profitable. I think I'm going to take a closer look at this.

Well established site will probably offer less % because they offer safe returns, they might already have a few big backers like with see with primedice.  Is it worth the risk to back new guys, im not sure, depends on who they are.

[boopy265420]

If you have little money then it is not worth what you get in return as profit better play with some small amount may be you win.In other case when you have much money then be owner of the site and keep everything under your control to minimize the risks instead of giving money in hands of others.

[Xandan]

I will say well established sites which are going well don't usually need investors.This is available on newly introduced sites which need more capital to have on its back to extend its offer and operations.

[Nimbulan]

it might be profitable to do that if the website is high quality and attracts a lot of players who are willing to spend a lot of money in gambling, though it would still give you a small amount of money

[Astargath]

Dont think its profitable. Its more linked to the fun or addiction than investiment.

Agreed with you, its not advisable to invest in a betting site. These sites are for fun and enjoyment, there is no concrete profit from such sites, so its better to bet on your favorite sport or any other event and make some profit. There are many other options available which can be proved as profitable investment, try it.

But you actually have odds in your favor when you are investing in a casino, you have +EV, therefore it's actually advisable to invest, I think you don't understand how it works, it's not better to bet at all, investing in casinos is a long term profit unless the casino scams you.

[Foxxyfox]

it should be a trusted betting site as many sites ran away with coins but with a trusted one we can make nice profit. I don't trust much after what happened to cryptsy

[trickshot22]

of course it is profitable as long as people lose their money there your investment will bring you some nice profit, it is very useful to invest your money in my opinion, though i have never tried it

[MaritiJames3]

Well i would only invest in a gambling site which is legit.

Either they should have licenses or have some contactinformation on their site.

The chance of the scamming and running away, like so many other gambing sites is just to big.

[RealPhotoshoper]

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

I have invested in a few different sites for some months. From my personal experience, the average return is a lot better than 1% a month. But I don't think it should be compared with the bank deposit rate, as the degree of risk is very much different.

can i know what is all the gambling sites u invest in? may be interested to divert my investment too.

Currently I have invested some bitcoin in Safedice and Just-dice, and I have previously invested in Moneypot, PRC and Bitdice.

Interesting, 1% profit monthly each site? If you invested 100 btc each site you get 1+1 = 2 bitcoin every month.
The question is, is it worth invested 100 bitcoin to get 1 bitcoin monthly? Hmmmm . is it profitable? Yes it is profitable. But I think risking too much money by invest on risk thing like gambling company is not good idea.

What's your point? You want investments risk free? They do NOT exist, investments always have risk, this is a controlled risk, you know you have +EV so you know you are going to get profit eventually and you are not really risking all your money, It would be hard, close to impossible to lose 100 bitcoins if you invested them in a casino.

My point : investing in casino are profitable, but the risk is not worth.

I know there's no free-risk investment. But investing in casino / any other gambling site are not worth I think. They could be in trouble when the casino decide to disappeared/scam.

Reference :
https://bitcointalk.org/index.php?action=trust;u=97219

[diodio5]

I sometimes earn up to 1% per day on crypto-games. I currently have 0.5 btc invested there.
Check out a screenshot of my earnings:

is it safe enough?
I think a lot of gambling sites that offer greater profit, but I am looking for a more secure?
i want to ask, can we lose?

[damiano]

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

I have invested in a few different sites for some months. From my personal experience, the average return is a lot better than 1% a month. But I don't think it should be compared with the bank deposit rate, as the degree of risk is very much different.

can i know what is all the gambling sites u invest in? may be interested to divert my investment too.

Currently I have invested some bitcoin in Safedice and Just-dice, and I have previously invested in Moneypot, PRC and Bitdice.

Interesting, 1% profit monthly each site? If you invested 100 btc each site you get 1+1 = 2 bitcoin every month.
The question is, is it worth invested 100 bitcoin to get 1 bitcoin monthly? Hmmmm . is it profitable? Yes it is profitable. But I think risking too much money by invest on risk thing like gambling company is not good idea.

What's your point? You want investments risk free? They do NOT exist, investments always have risk, this is a controlled risk, you know you have +EV so you know you are going to get profit eventually and you are not really risking all your money, It would be hard, close to impossible to lose 100 bitcoins if you invested them in a casino.

My point : investing in casino are profitable, but the risk is not worth.

I know there's no free-risk investment. But investing in casino / any other gambling site are not worth I think. They could be in trouble when the casino decide to disappeared/scam.

Reference :
https://bitcointalk.org/index.php?action=trust;u=97219

While there are risks with gambling investments they can be worthwhile if you take a risk and get in on a new site and they become successful. All in all though I would not invest in any of them anymore as the ones that are trusted will just not give the return you want for risk.

The reference is a bit misleading to be honest as that guy has had in excess of 5k Bitcoins invested in his site and he is still around under another name.Why did you link that profile when he has never scammed anyone?

[RealPhotoshoper]

While there are risks with gambling investments they can be worthwhile if you take a risk and get in on a new site and they become successful. All in all though I would not invest in any of them anymore as the ones that are trusted will just not give the return you want for risk.

The reference is a bit misleading to be honest as that guy has had in excess of 5k Bitcoins invested in his site and he is still around under another name.Why did you link that profile when he has never scammed anyone?

As I said before, it's okay invest in gambling site , it's profitable okay. I just concern about how worth investing in casino. And I think it's not worth , dissent is okay right?
I am sorry if it was make misleading, BAC would not put that neutral trust without reason, but I would not judge dean too.

[Omikifuse]

It is, if they don't run with your funds or if your account is not hacked.

Of course the actual return is variable and may not cover the inflation, depending of where you live