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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
BitMaxz
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July 28, 2016, 11:12:03 PM
 #921

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

Casinos work like this: while a lot of people are loosing, there are only a few winning big. Theae guys will never bankrupt the site, unless someone hacks it. Trading takes time and involves higher risks than investing in a casino.
I think  its still the best to invest in trading even you are newbie better to study it and if you mistake this is one of the way to be success in the future.. no mistake no learning.. so if you just invest it in gambling and expect for earnings its risky because anytime gambling site can be gone hack or bankrupt..

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July 29, 2016, 11:23:52 AM
 #922

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

Casinos work like this: while a lot of people are loosing, there are only a few winning big. Theae guys will never bankrupt the site, unless someone hacks it. Trading takes time and involves higher risks than investing in a casino.
I think  its still the best to invest in trading even you are newbie better to study it and if you mistake this is one of the way to be success in the future.. no mistake no learning.. so if you just invest it in gambling and expect for earnings its risky because anytime gambling site can be gone hack or bankrupt..
In my case, I don't consider trading as a form of investment because it is like a gambling that you take advantage on putting your money on undervalued asset and wait until the price will rise in due time. Investment for me could mean like putting your bitcoin in our wallet.
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July 29, 2016, 01:34:20 PM
 #923

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

Casinos work like this: while a lot of people are loosing, there are only a few winning big. Theae guys will never bankrupt the site, unless someone hacks it. Trading takes time and involves higher risks than investing in a casino.
I think  its still the best to invest in trading even you are newbie better to study it and if you mistake this is one of the way to be success in the future.. no mistake no learning.. so if you just invest it in gambling and expect for earnings its risky because anytime gambling site can be gone hack or bankrupt..
In my case, I don't consider trading as a form of investment because it is like a gambling that you take advantage on putting your money on undervalued asset and wait until the price will rise in due time. Investment for me could mean like putting your bitcoin in our wallet.
Investing for me is when there is a specified terms for the investment and trading would not qualify under that matter. I believe investing in an online casino is legitimately considered as an investment as you will take part of the bankroll of the site and you shared on the profit.

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July 29, 2016, 04:18:33 PM
 #924

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

There are always risks in investing, but it is still much better to invest in casinos than to trade, lend etc. And it would be up to you to research and learn which gambling site to put your money into.

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shashank5119
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July 29, 2016, 04:20:18 PM
 #925

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

There are always risks in investing, but it is still much better to invest in casinos than to trade, lend etc. And it would be up to you to research and learn which gambling site to put your money into.
Yes investing is a good option in bitcoin casinos because i dont thik chances of loss there is higher.Trading and gambling can be really risky.
But i think lending is also a good option if u lend only to those who can provie valid collateral.
Maesters1-
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July 29, 2016, 05:20:00 PM
 #926

I don't think so, there are more safe investments in crypto, trading as an example. This requires more time and learning, of course. But it's up to you to decide where to put your money.

There are always risks in investing, but it is still much better to invest in casinos than to trade, lend etc. And it would be up to you to research and learn which gambling site to put your money into.
Yes investing is a good option in bitcoin casinos because i dont thik chances of loss there is higher.Trading and gambling can be really risky.
But i think lending is also a good option if u lend only to those who can provie valid collateral.
in present time i will never advise you to invest in casino, because it is a good chance to hold your bitcoin because the price is going to be so high in next few months after raising the price you can invest your money in casino if you like to do so, but presently you have
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July 30, 2016, 08:58:48 PM
 #927

I think if you like casino and gambling too much, it is better for you to invest in casino.  It is smarter move and can guarantee a more chance of earning.  House seldom goes bankrupt and is noted with the capability to have a strong comeback when  lost.  So I will suggest that  it is good to invest in casino.

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July 30, 2016, 09:15:40 PM
 #928

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

What sort of returns should I expect


Same like any kind of investing you can expect alot of profit and also must prepare to lose all yours money... And both that possibility could occur on shor or long term, mostly base on yours investing contract/rules
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July 31, 2016, 05:56:54 AM
 #929

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

What sort of returns should I expect


Same like any kind of investing you can expect alot of profit and also must prepare to lose all yours money... And both that possibility could occur on shor or long term, mostly base on yours investing contract/rules
In investing in an online casino losing and winning is just normal, if the casino wins then you make profit because you are part of them. Just remember that when you put your money don't think that you are very safe even though casinos win all the time but still there are other factors that will make you lose.
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July 31, 2016, 05:58:59 AM
 #930

Yes invest into bitcoin casinos has chance to make profit even it is also risky like betting but i would like to say this betking.io is very trusted and one of the oldest casino which offering this opportunity to invest into bankroll there as per my personal experience that is good choice for investment.
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July 31, 2016, 06:35:16 AM
 #931

Yes invest into bitcoin casinos has chance to make profit even it is also risky like betting but i would like to say this betking.io is very trusted and one of the oldest casino which offering this opportunity to invest into bankroll there as per my personal experience that is good choice for investment.
The profit is already given because by investing alone in a casino it is already profitable that you can make a profit in the long run, the real problem now is to choose the right casino to trust your investment and I agree with what you recommend, moneypot is also good.

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October 27, 2016, 04:09:53 PM
 #932

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

What sort of returns should I expect
Mainly the Rate Of Return is Not Fixed, It Depends On Many Factors Which are as Follows:-
1) Gambling Website:- Mainly the Rate Of Return Depends Upon. The Gambling Website You Choose to Invest Your Money....
2) House edge:- The Rate Of Return Also Depends Upon the House Edge....
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October 29, 2016, 11:41:12 AM
 #933

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

What sort of returns should I expect

Investing in a staring casino site or a new casino site do pose a lot of risk for your money, first of it is that you don't know whether the site is legit and not a scam, if it is just a scam then your money will all be lost without any trace to what happened about it.

Another risk is that if the site is legit, then it does have a lot of competing casino sites out there which are already established for almost a year and still had a lot of ads and users advertising it.

There are more to say, but what I just want to say is that it is still your decision if you want to take the risk, cause we don't know maybe it is the start of your great profit for $3000.
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October 29, 2016, 02:35:15 PM
 #934

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

What sort of returns should I expect

Investing in a staring casino site or a new casino site do pose a lot of risk for your money, first of it is that you don't know whether the site is legit and not a scam, if it is just a scam then your money will all be lost without any trace to what happened about it.

Another risk is that if the site is legit, then it does have a lot of competing casino sites out there which are already established for almost a year and still had a lot of ads and users advertising it.

There are more to say, but what I just want to say is that it is still your decision if you want to take the risk, cause we don't know maybe it is the start of your great profit for $3000.
Well, if you are a smart investor, why would you invest your money in a newly start up casino.. You can invest in a more reputable casinos as they have almost the same investment program, and the more gamblers are visiting on a gambling sites the more income you have.
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October 29, 2016, 02:51:26 PM
 #935

right now investing in btc would be better Tongue

But investing in casino is also good as you get paid in btc Smiley
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October 29, 2016, 03:06:08 PM
 #936

right now investing in btc would be better Tongue

But investing in casino is also good as you get paid in btc Smiley

Investing in btc is good for as long as you know how it works like in trading and casinos.. but remember there are always risks when you invest but better check for a reputable casino sites which can give you a good profit.

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Positid
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BULL RUN until 2030


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October 30, 2016, 04:55:24 AM
 #937

right now investing in btc would be better Tongue

But investing in casino is also good as you get paid in btc Smiley

Investing in btc is good for as long as you know how it works like in trading and casinos.. but remember there are always risks when you invest but better check for a reputable casino sites which can give you a good profit.
If you are in the investing stage you should be clever already and that is expected that you will make a lot of studies before you will invest, even in gambling sites where we believe it is profitable already since most of the gamblers loses there are still a chance that even a reputable gambling site will scam us. It's really a gamble so we need to minimize the risk by diversification.

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.Duelbits.
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Invulner
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October 30, 2016, 04:58:28 AM
 #938

I think so. I think we all have been through gambling and more often than not we don't pull out our winnings when we've already made a fortune because of our greed. And chasing your losses as well, gamblers do that on a regular basis. You're basically gambling with a negative house edge when you invest in a casino. It's still a gamble but you can say that the odds are definitely in your favour.
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October 30, 2016, 08:45:59 AM
 #939

It's quite hard to find a bitcoin casino that are looking for new investors. Also, if you only have 1BTC or maybe even less, your returns will be so little. It would take a lot of time before you can even get your ROI. Investing in bitcoin casinos are only for people that can invest a big portion in the total bankroll of a gambling site.

There's also the risk of getting scammed by the owner of the casino so I don't think it's worth investing. I think the only time you should invest in a bitcoin casino is when the bitcoin casino is yours or if it is owned by someone you know and trust personally.
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October 30, 2016, 08:46:50 AM
 #940

If you have already made up your mind and can let money there for some period then it is good way to make some profit. Overall chances are you will get some profit as most of the casinos are in profit in long term and it has been profitable business so far. there is no doubt about it so you should invest your Bitcoins in trustworthy casinos without worry.
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