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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
bebeko
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March 17, 2016, 12:53:59 PM
 #41

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
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Lutpin
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March 17, 2016, 12:58:02 PM
Last edit: March 17, 2016, 01:15:38 PM by Lutpin
 #42

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
Quote
◉ Yobit.Net: Play DICE! Win 1-5 btc just for 5 mins! ◉
Clearly.



Im just saying that gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
I'm just saying that you are a hypocrite. And I'm just giving my opinion.

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bebeko
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March 17, 2016, 01:08:14 PM
 #43

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
Quote
◉ Yobit.Net: Play DICE! Win 1-5 btc just for 5 mins! ◉
Clearly.

Im just saying that gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
Piltover
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March 17, 2016, 01:14:59 PM
 #44

There is a possibility to do that of course. But there is a risk that you also can lose some money and that wont be good.
I hope that more people will use Bitcoin. So that it will be more popular also and that it will be more used.
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March 17, 2016, 01:39:24 PM
 #45

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
Quote
◉ Yobit.Net: Play DICE! Win 1-5 btc just for 5 mins! ◉
Clearly.

this is the lowest thing a business like an exchanger can do IMO.

what's with the gambling if they are planning on running a professional place for traders to come and use their money to trade...

it is nice to play with some shitcoins that are worth 1 satoshi but doesn't look professional for the exchanger.

--looking for signature--
fullypak
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March 17, 2016, 01:44:52 PM
 #46

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.

Yes, gambling may lose your money very fast but investing on casino house may or may not give you loses because one can make some profits from these casino investments. But we shouldn't put all our money in just one casino because if they make loses than you will lose all money at one shot. So better to invest in few good casinos to reduce your loses.
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March 17, 2016, 02:04:19 PM
 #47

Well you can consider it but I would not recommend you to do this because there are a lot of risks involved.
I think a casino can collapse easy and also a lot are not trust worthy.
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March 17, 2016, 03:13:14 PM
 #48

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
Quote
◉ Yobit.Net: Play DICE! Win 1-5 btc just for 5 mins! ◉
Clearly.

Im just saying that gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
basically investing in a casino sites have a negative impact, you could lose your money, nobody knew. but you could have as much money if the site is reliable, the investment also has risks, all depends on your courage
Gutembergin
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March 17, 2016, 05:03:50 PM
 #49

Some casinos have decent returns BUT you should be ready for losses on invested money too, Although multiple casinos made decent profit but they also have losing streaks when players get lucky.
Hashminers
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April 11, 2016, 10:00:34 AM
 #50

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

What sort of returns should I expect
If you have the money to spend you can do it. With that amount of money you can surely make a nice profiy that will make you happy. So I think it is worth it.
fullypak
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April 11, 2016, 10:20:47 AM
 #51

Some casinos have decent returns BUT you should be ready for losses on invested money too, Although multiple casinos made decent profit but they also have losing streaks when players get lucky.
Yes you have to be ready for both loss and profit. If you only thinking on making profit to invest on casino means according to me it's wrong don't take a chance because it's huge money so if you loss also no problem means invest if your fate is good you will make profit here who knows who is the lucky person in gambling right.
AMR008
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April 11, 2016, 10:24:22 AM
 #52

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

What sort of returns should I expect

3000$ ? Oh thats huge amount, I would suggest you to divide it and invest in different casinos , I have invested some amount in two casinos , and its really worth . One is moneypot , I would recommend that app, great number of players play daily in different apps that support moneypot, I have increased my investment by 5% there .
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April 11, 2016, 10:28:11 AM
 #53

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.

He doesn't mean to gamble, he means to invest into the bankroll. Where if there is a huge loser (and that's possible) he will make a large interest.

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Jaxelrell
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April 11, 2016, 11:29:50 AM
 #54

If you think that you could make money with it why not. Try it out for a bit if you see potential in it you can go on with it. If you think that it will not work out then stop. But there is nothing wrong with trying something.
Yutikas_11920
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April 11, 2016, 11:35:43 AM
 #55

I think, if you want to make an investment, you should have to know well about the place that you want to use to invest, because without getting to know a place to invest then you will find it difficult to know if they had no news. If you want to invest I advise to invest by buying Bitcoin with all the money you have. After that save the bitcoin safe place and wait for the price to sell it then ride Bitcoin. Then you will benefit and are not at risk, just that you have to be careful to keep your Bitcoin, because very prone if you save Bitcoin without safeguards.
Indrawan77
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April 11, 2016, 11:45:34 AM
 #56

Its good investment when involves casino and gambling, most of the casino bring profit to the owner, the one that you need to search is the casino has a good reputation, how is the traffic and how many profit did they make everyday, if everything is good then it will be a good investment
AlexM
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April 11, 2016, 12:38:37 PM
 #57

Little useful advice here. $3k is nowhere near enough to start a profitable casino website unless you are a great programmer, brilliant at customer service and good at marketing. A combination not many people have.

I used to invest in Just dice. There was a large hiccup but overall it was very profitable. I belive I trippled my investment in a fairly short time scale. Ive not bothered since it moved to clams as I could end up with 10 times more clams and still lose money if the value of clams collapses, but I am still tempted.

I have never tried any of the other investment in gambling sites because I either didn't trust the site would exist 1 year later or there was not enough players or house edge to make the investment in the house bank roll risk worth the potential profit. Put simply if there is a 50% chance any site goes walkies with my bitcoins then I want to be able to make 200% in 12 months or I am not going to risk it!

I would love to know if there are any btc gambling sites that people are currently invested in that are making significant long term profits.

Smiley 1KQdUW6gjbJrdWUuLfMvaLzceMVE2dniB9
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April 11, 2016, 12:59:43 PM
 #58

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.

Gamling and investing in a casino are different things. If you lose with gambling casino wins in general.

The downside of investing in a Bitcoin casino is they might be hacked and then you'll lose all your investments.

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April 11, 2016, 01:30:17 PM
 #59

Investing in casino is better than playing yourself as there is statement house always wins in end. And also you will be sharing risk of loss in bankroll when you invest. But keep in mind only invest in popular and trusted gambling sites or you can invest in moneypot.com which is popular gambling wallet used by many casino sites by now.

REMEMBER THEIR IS RISK OF LOSS IN THIS TYPE OF INVESTMENT. Only invest what you can afford to loss.
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April 11, 2016, 02:07:32 PM
 #60

No, don't invest in a casino because it is a gambling, losing has a big chance on it rather than winning, I would discourage everybody to gamble.
Quote
◉ Yobit.Net: Play DICE! Win 1-5 btc just for 5 mins! ◉
Clearly.



Im just saying that gambling has a big chance of losing but still you have a chance of winning. It is still on OP and everyones decision and I'm just giving my opinion.
I'm just saying that you are a hypocrite. And I'm just giving my opinion.
It can be risky of course, because if you lose or if it is not going good, than you will lose money and that is bad because it is all wasted and you can become poor.
But if you are lucky you can indeed make many money with it, but the chance is really low.
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