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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
RealPhotoshoper
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May 19, 2016, 08:21:44 AM
 #401

There surely are better things to invest in than casinos. Cry

So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.

That's interesting. A good friend of mine is going to open a Bitcoin casino too so I'm wondering what is the profit. Can you share your experience?
Investing your coin in casino actually a good choice , you can expect 1 to 2 % ROI monthly.
Of course there is small benefit for small invested amount .
But imagine if you invested 1,000 bitcoin  you would receive 10 to 20 bitcoin monthly or even higher if you set the risk level on higher too.
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May 30, 2016, 02:52:11 PM
 #402

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.

Im on the same boat. Got some spare BTC that I would like to invest instead of having 100% of my BTC sitting on cold storage. i was looking around at casino deals and there seems to be very few casinos that have survived for a long time. PrimeDice is probably the site I trust the most, it has proved over the years that it can survive while delivering a good experience. I remember Stunna is like a lot here because his sig campaign had great rates and ran for a long period, I wish it came back.
Anyway, I can't think of many sites that have survived more than 2 years, which is where I start considering a site to be solid at least in the cryptospace.
Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure.
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May 30, 2016, 03:18:54 PM
 #403

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.

Im on the same boat. Got some spare BTC that I would like to invest instead of having 100% of my BTC sitting on cold storage. i was looking around at casino deals and there seems to be very few casinos that have survived for a long time. PrimeDice is probably the site I trust the most, it has proved over the years that it can survive while delivering a good experience. I remember Stunna is like a lot here because his sig campaign had great rates and ran for a long period, I wish it came back.
Anyway, I can't think of many sites that have survived more than 2 years, which is where I start considering a site to be solid at least in the cryptospace.
Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure.

There is always risk involved in investing, otherwise everybody would invest.
But there are ways no minimalize the risk, maybe invest in multiple different casino's.
Look for casino's that have been around for more than 1 year with a good reputation.


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May 30, 2016, 03:28:33 PM
 #404

a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course
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May 30, 2016, 04:18:19 PM
 #405

a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course

so far the investment i had for casino payout is quite good. i use moneypot and i have tried it for over a year and so far i quite enjoy it.
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May 30, 2016, 04:29:52 PM
 #406

a good amount for investment, but the casino was too risky. but if you are prepared to take risks and accept something bad was not a problem. but I am better to do a trade. or investment lending, but in a safe way of course

so far the investment i had for casino payout is quite good. i use moneypot and i have tried it for over a year and so far i quite enjoy it.

ya investment in the casino can be quite profitable, because the homeowner usually more lucky than player.

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May 30, 2016, 04:52:02 PM
 #407

There surely are better things to invest in than casinos. Cry

So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.
Well, by investing in gambling or casino sites you are already gambling against players, though chances are high that you would win but maybe he said that because of the little risk involved, where users find a hack and just rape the site and INVESTORS.
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May 30, 2016, 05:27:00 PM
 #408

the casino it has became to risky to invest in it,i think yoy should go to lending sites or in cloudmining like hashnest.com
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May 30, 2016, 07:31:47 PM
 #409

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

What sort of returns should I expect
That good amount of money to start everything related gambling,invest in casino or other gambling will make proft with easy way,but also have risk,some bitcoin gambling site always run with so many bitcoins,and leave investors.

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May 30, 2016, 08:47:01 PM
 #410

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

What sort of returns should I expect

nice amount, if i have that kind of amount, i will not invest it all in a casino, i will divide it and deposit half in casino , the other half i will use it to buy bitcoin and stock it in my wallet until price goes up that i will be able to profit alot. but its up to you where you invest it all or not Smiley
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May 30, 2016, 08:51:04 PM
 #411

It's a risk. You have the advantage of a house edge, but there would be so many people trying to fight you. Imagine someone depositing 0.1 and rolling x998? Youre in deep shit. You just have to ask yourself whether you believe in the house edge or not.
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May 30, 2016, 09:11:35 PM
 #412

It's a risk. You have the advantage of a house edge, but there would be so many people trying to fight you. Imagine someone depositing 0.1 and rolling x998? Youre in deep shit. You just have to ask yourself whether you believe in the house edge or not.
Not really the case who ever has the largest part of the pot is out of luck but the more investors there is the less risk you are at loses huge amounts because the losses are spread out.



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May 30, 2016, 09:16:38 PM
 #413

You'd have better luck investing in a casino then actually betting in it. It depends on the casino though.
You may have better luck investing in a casino (for the odds are in your favor) but it depends on the variance, really. There's still about the same chance (plus the house edge of course) to lose your money as if you were gambling for real. However, what's really scary is if you own a significant portion of the total investments. Your investment is impacted almost directly and you could lose a huge amount.

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May 30, 2016, 09:17:55 PM
 #414

There surely are better things to invest in than casinos. Cry

So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.

Indeed the best way to grow your bitcoins is investing and what can be better than investing in gambling site ? almost 1 lakh people gamble wth btc and they are sure to loose their money sooner or later. Dont know what can be better than investing in casinos.
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May 30, 2016, 09:44:17 PM
 #415

Risky!!!....It really depends on the gambling establishment that you're contemplating investing your money into, and the rate of return you expect for your investment.  At first glance, I would say no you shouldn't invest into such a risky proposition, but if you can negotiate sound terms and be fortunate enough to find a reputable establishment to accept your investment, then it could be a quite lucrative venture.
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May 30, 2016, 10:43:45 PM
 #416

Investing in casino is always risky but it can be managed, for me investing is better than gambling and planning of beating the casino which is impossible to happen, so why not ride with the casino and put your investment and get a share of their profit. Remember, the house never lose you are always in profit. Tip, just choose the trusted ones when it comes to investing.
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May 31, 2016, 05:32:09 AM
 #417

Investing in casino is always risky but it can be managed, for me investing is better than gambling and planning of beating the casino which is impossible to happen, so why not ride with the casino and put your investment and get a share of their profit. Remember, the house never lose you are always in profit. Tip, just choose the trusted ones when it comes to investing.
indeed, investing in a casino is a profitable venture, its apparent that casinos is a good business as they have the advantage over their players, casino aims for sole profit while the bettors aim for enjoyment, they pay for their enjoyment on the amount of their losses, they understand that already so in the end its the gambling sites or casinos who take all the money. IF you invested and be part of the pot money, you are receiving a dividend or a profit sharing in proportion to your total investments.

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May 31, 2016, 05:45:20 AM
 #418

There surely are better things to invest in than casinos. Cry

So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.

Indeed the best way to grow your bitcoins is investing and what can be better than investing in gambling site ? almost 1 lakh people gamble wth btc and they are sure to loose their money sooner or later. Dont know what can be better than investing in casinos.

Casino investing is best way to get the big profit, so need to truest if i have truest than no problem in it, because it is better than only we save our bitcoins, i don't want to say that saving the bitcoins is not good, it is good but it is easiest way, instead of this if we have a number of bitcoins and we want to invest it so best way to invest it instead of saving. if you have opportunity to invest in casino so do it, it is best option your have. 
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May 31, 2016, 07:45:12 AM
 #419

There surely are better things to invest in than casinos. Cry

So what are the better things to invest in? Personally, i invest in bitcoin casino and i have quite a good profit in it.

Indeed the best way to grow your bitcoins is investing and what can be better than investing in gambling site ? almost 1 lakh people gamble wth btc and they are sure to loose their money sooner or later. Dont know what can be better than investing in casinos.

Casino investing is best way to get the big profit, so need to truest if i have truest than no problem in it, because it is better than only we save our bitcoins, i don't want to say that saving the bitcoins is not good, it is good but it is easiest way, instead of this if we have a number of bitcoins and we want to invest it so best way to invest it instead of saving. if you have opportunity to invest in casino so do it, it is best option your have. 
Right now, we can find a lot of trusted bitcoins online casinos here, like the primedice, safedice, and others. As long as you make a good research before investing then you can minimize the risk of investing. The good thing about the online casino is they have a volume of bettors as betting online is very comfortable that you can bet even at the comfort of you own home. So the better the market the better the return.

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May 31, 2016, 08:52:14 AM
 #420

Recently invested some money in moneypot and the result was very good, I got around 4% profit in 3-5 days, yes I was lucky but that is what will happen most of the times, hardly gamblers manage to squeeze out sites.

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