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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
MTBTT
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May 14, 2016, 10:21:39 PM
 #361

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You need to know what risks would you get if you go to invest in gambling sites. you should know that in gambling. you have a chance to lose and win and a risk to your money. so is it you still interesting now?
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May 14, 2016, 10:51:22 PM
 #362

Investing in a casino is almost like gambling itself but it is +EV over time. You can definitely take a huge loss from the casino are make a huge gain. It pretty much luck whether you will make money in the long run. But it is way much better than gambling and if it's between those 2 investing all the way.
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May 14, 2016, 11:29:31 PM
 #363

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks

Some casino's offer investment options on their website. You can contact them and ask for the terms. I am not aware how it goes and how much of your money is at risk.
If you 'promise' a decent profit percentage without any risk then it's safe to do.

This is just me, but if I were the OP I would just skip everything with only known websites.

And convert the btc into clam or whatever and invest with just-dice investment side.
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May 15, 2016, 12:13:37 AM
 #364

I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
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May 15, 2016, 01:05:09 AM
 #365

I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.

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May 15, 2016, 01:51:25 AM
 #366

I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.
I think it is guaranteed if you know how to manage your investment,that being said, you need to have at least a decent amount of investment. By earning from your investment of at least 1% per day is a good profit already. Your investment cannot be max out if you have invested  a huge amount.
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May 16, 2016, 03:18:44 PM
 #367

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house
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May 16, 2016, 04:20:06 PM
 #368

I think investing in such things can be very good because we can see that there is a lot of activity these days in bitcoin gambling.
I overall think it can be very profitable to invest in such thing.
Investing in gambling sites bankroll don't guarantee return. Just like any other investments, it has risks so I don't think it's good to invest huge money in it. I wouldn't invet as much as the money that OP is willing to invet in any investments online.

You are correct, investing in Gambling Casino site is just like you are playing gambling casinos, if any user stucks the luck of jackpot and win high odd then the house goes in negative so that will affect your investment also, and if any gambling site just shut the site and run away that loss is also beard by you only.

So it is not like investing in gambling sites will give you 100% profit.
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May 16, 2016, 04:34:51 PM
 #369

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
You say that you have $3000 to invest so you are going to invest it. It is worth if the casino is succesful and the casinos admin is trusted. But if i were you i invested it in many site so if one site is not succesful. You have a chance to earn in other site. But if you are not ready to loose $3000 USD dont invest it.

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May 16, 2016, 05:01:45 PM
 #370

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect

the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks
You must choose a site that you think most players lose then that is where a good place for investment. but you do not forget that you can lose and losses for investment in gambling sites. with the sense that your money can be reduced because you are currently a house


i disagree. the place where people lose most will be a place that people dont like to come. instead i will say look for a place that has huge volume. so in the long run, you can even gain more from the huge volume of flow.
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May 16, 2016, 05:13:35 PM
 #371

I only suggest that do not invest for now. but if that's what you want, you have to take risks, if it is really going to make a profit, then do not hesitate to invest your money in a casino
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May 16, 2016, 05:25:31 PM
 #372

Just Dice isn't doesn't take bitcoin and isn't a casino, but I would say that you are very safe investing with them.

I generally don't invest in Casinos as it is too dangerous.  I think that money corrupts, and even those good people who start with good intentions can be corrupted when hundred of bitcoins are sitting in their wallet and they are essentially anonymous.

There are a few that seem safe to invest in, but plenty of safe investments have gone badly in the crypto world before, so don't put all your eggs in one basket would be my advice.
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May 16, 2016, 05:40:17 PM
 #373

Betking io is now alive you can try to invest there if you still make a profit just to invest as houseedge.. i never tried this investment but maybe this is like the same as moneypot but i heard that your balance in moneypot will drain without notice..

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May 16, 2016, 06:17:28 PM
 #374

Its your self decision if you are invest it or not.. risk is always there.. even you are just holding it with your wallet.. many hackers out there.. and if you just invest it like in betking.io its still risky you are not against the houseedge. and you are the partner of the owner.. .
So better to invest it in casino like betking.io because they are legit.. as of now..

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May 16, 2016, 07:29:49 PM
 #375

I put some Bitcoins and CALM I have like an investment to Casino I selected.
When you check some basic facts about Casino and their reputation it`s good investment. There is allways risk, but it can be minimized. Just check it and do not put all eggs to one basket.
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May 17, 2016, 03:04:31 AM
 #376

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

You should never invest in something that is not established yet. That is a real gamble. You will never know if the owner will just run away with your money. It is better if you invest on casinos that has already established its name in the industry. You know it already have loyal customers and the owner won't run away with your money.

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May 17, 2016, 04:42:38 AM
 #377

If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!

yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility.

You should never invest in something that is not established yet. That is a real gamble. You will never know if the owner will just run away with your money. It is better if you invest on casinos that has already established its name in the industry. You know it already have loyal customers and the owner won't run away with your money.
Yeah! that true, the risk is too high if you invest in a non established gambling sites. The best way to do it is to diversify your investment to minimize the risk. It is already given that investing in an online casino is profitable so you responsibility now is just to choose the most trusted one.
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May 17, 2016, 04:51:07 AM
 #378

Wait, what do you mean by invest in bitcoin casinos? You mean you want to partner with any casino or starting your own? If it's this, then you might make some profit if you can get people to play in your site.

Or just gamble with that $3K? if it's this, you'll be fucked up. Listen to me, I'm saying it with experience, stay away from it Grin
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May 17, 2016, 04:53:34 AM
 #379

no it is very risk it is same as gambling too maybe in long run it may profitable but the site can shutdown anytime

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May 17, 2016, 05:11:33 AM
 #380

no it is very risk it is same as gambling too maybe in long run it may profitable but the site can shutdown anytime
yes right. but some trusted casinos are here from long time and we can invest in them and gain profit in the long run.
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