Invest in gambling site (what you think)

[ranlo]

Crypto-games?

That's right.

Just haven't seen anything like that before.

It's not (fully) public.
That's one of the graphs we made from bankroll statistics over time.
Won't disclose the coin, the timeframe or the actual amounts (I've removed them),
but it's a good (single) example on how fluctuating bankroll investments can be.

Definitely. I think a lot of people feel like BRs only go up and not down. Here's tracking for the past week and a half or so of MP (only keeping up with net change of profit):

4.790
(3.060)
3.717
(0.060)
(4.660)
1.575
18.461
(0.273)
(3.700)
8.615
17.279
(5.359)

It's largely up because of those two great days, but was down for well over a month.

[1714840984]

1714840984

[xuan87]

in my opinion i think most of the time investing in casino will bring you profit, the only thing you need to check is the credibility of the casino website and check the traffic of the website

[user2]

Dice investment comparison

TLDR "On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites ... 13 months after .. we lost 32% of our investment"

[ranlo]

Dice investment comparison

TLDR "On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites ... 13 months after .. we lost 32% of our investment"

So what you're saying is... if you give random sites your money (note: all three of those you listed that 'ran off' were less than trustworthy to begin with and were stupid gambles), you're probably going to lose it. Makes sense.

If you had done MP back 13 months ago, you'd be up over 110% right now (2.1 BTC+ would be your balance), with over 40% of that coming just from the past few months (since mid-December).

[user2]

If you had done MP back 13 months ago, you'd be up over 110% right now

What's MP?

[ranlo]

If you had done MP back 13 months ago, you'd be up over 110% right now

What's MP?

MoneyPot.

[hatshepsut93]

You're asking an impossible question. Sites come with swings. Your profit could just as easily drop to negative. Or it could triple up in 5 minutes. Most sites will have many ups and downs.

Indeed.

What do those peaks of profit mean? Are they coming from increased traffic on weekends or something else, or just random?

[codehtcmail]

Online casinos are not like real ones, they can be hacked DDOSed....

[killer5]

investement in online is always a big time risk but if you can afford so much you can defnetly invest for gambling sites respective of security and trust. most of the trusting gambling sites who did invest there are making much more profit and there is no other problem.

[ranlo]

investement in online is always a big time risk but if you can afford so much you can defnetly invest for gambling sites respective of security and trust. most of the trusting gambling sites who did invest there are making much more profit and there is no other problem.

Or you could lose money. Quit acting like it's a guaranteed profit. i.e., if you invested in SafeDice, you've likely lost 95%+ of your investment due to some heavy wins.

[sallymeeh27]

I think the first thing that you have to do is do the research about this gambling site especially in google it does help open up everything that relates to it and then after you still have to ask opinion of others or person whom you think knows about this related issue they are willing to help you out. Then after of course you need to have a full trust if you feel that what you have studied and read are facts from the source, this is always about the money that fits into your budget and be aware that there are some or unexpected losses that might occur during transaction.

[frogCorporation]

very little detail to appreciate and understand can prolong the description?

[Shinpako09]

Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

[electronicash]

Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?

[ranlo]

Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?

House CAN still lose. It's part of variance and is normal. There's many things to consider, such as how much of the BR you will encompass, if the site can be trusted, their volume, their HE, etc.

Like if you look at MP, it's at 200+ BTC profit now on under 800 invested. But 120+ of that was back when the BR was a quarter of what it is now. So if you had invested in the beginning, you'd easily be up 70%+ in the past 5 months.

At the same time, you could also have dropped a lot. You just have to decide if the risk is worth it to you.

[Haswell]

It depends on the website profit and players profit, so if players win you lose a little bit,and if players lose the website make profit and they will share it with you.

Good luck!

[hatshepsut93]

Solid profit? sorry man the truth is in gambling whether your the player or part of the house theres no really guarantee that you will have a solid profit.

So a house could still lose?
what are the factors to look at before investing to a gambling site apart from being in the business for years. I'm not sure if it should even be one. Is it going to make profit if you just invest maybe 0.5btc?

Look at the rule about max win from one bet, it should be 1-2% of bankroll.

Obviously the size of bankroll determines your profit/loss, bankrolls with thousands of bitcoins would bring very small profits while bankrolls with dozens can be very risky (exit scam, house ruin, high rollers).

[crazyivan]

There re lots of sites where u can invest in bankroll. Most of them are profitable, not much, but profitable. However, the risk of your money being stolen s there.

[Newcoins2020]

It depends on the website profit and players profit, so if players win you lose a little bit,and if players lose the website make profit and they will share it with you.

Good luck!

Well yeah..

The first thing you should do is to ask for information. How many players, how many regular players. Average income per player.
If the site is healthy (you know this by tha above information) then give it i a go. Gambling sites are know for their profits...

[entrepmind23]

This is a good idea because it would be a good passive income if the gambling site is earning well. You just have to research about the site if it's really profitable . I think the reason there's so many gambling sites out there is because they are earning from it and there are many gamblers also who are willing to bet in the site to gain but most of the time they lose because of greediness and it would be on your advantage if the gamblers lose because you earn. Of course there is always risk that your money will be stolen if you invest but how can you earn if you don't take the risk.