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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
ripplehd
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March 16, 2016, 11:17:09 AM
 #21

I think with bitcoin you should not gamble or invest in gambling because I think you will lose out and with real money its fine because there are
less scams and if there was a scam with real currency you can chargeback and trace back the payment, where bitcoin its hard to get back.

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March 16, 2016, 12:03:01 PM
 #22

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

What sort of returns should I expect
I'm also thinking about investing with bitcoin casino I've heard that bitvest have it and primedice, if you have that much money much better to go with big casino and regarding with earning it will be a decent one. good luck to you.

I think primedice don't have an investment option for public, they are quite big or old casino. They have a lot of money so they no need public funds for bank roll. Bitvest is got an investment option but you should know casino investments are very high risk and high reward programs. So if you want to be safer side than you should diversify your investments in to few good casinos. Don't ever invest all your money into only one site and it is quite danger.
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March 16, 2016, 12:31:35 PM
 #23

I think it's a pretty decent investment in a way since there is a spread on the house and should IMO be relatively profitable, I don't think it's ethical though IMO.
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March 16, 2016, 01:43:37 PM
 #24

You will benefit when the player get lose. as you know house had more luck they have the possibility of winning is higher than a player. so I think you can profit but quite risky Cheesy


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March 16, 2016, 01:52:35 PM
 #25

with 3000 % of investment, i think you can start a casinò (or simply dice site) and buy a good promotional add campaign, because the only problem of investment in gambling is the honest of the owner
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March 16, 2016, 02:11:55 PM
 #26

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

What sort of returns should I expect

Never invested in a casino before, but I see more and more users asking if they should invest in a casino.
Why is this happening? Is the promise of return big? $3000 USD is a decent amount, I don't think there is any good return without a big risk, it's pretty much like gambling I think, so if you want small return and somewhat small risk, why not invest in gold or oil or things like that?

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March 16, 2016, 02:16:47 PM
 #27

If you invest it in any casino or gambling that you can make some profit by investing as house its risky and i suggest to lend it in poliniex so that you can make more profit to lend it in poliniex.. or in our lending section than invest it in gambling its so risky..

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Lutpin
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March 16, 2016, 02:18:38 PM
 #28

You can try and raise more money and maybe open up your own casino gambling site.
Better start your own casino or look for partnership.
I guess is pretty good if you invest it and make your casino itself, but before you do that, you have to make a mature strategy so that you can benefit
I think with that amount you can start small gambling site, you can start buying some script
with $3000 of investment, i think you can start a casinò (or simply dice site) and buy a good promotional add campaign
That's just 7 btc, IMO too little for any bankroll, yet again then you would have nothing left for promotion/hosting/development.
Even if you go with free hosting, a free domain, a free script (which wouldn't really be attractive to players, tbh.), your bankroll is very limited,
resulting in either a high risk or a low maximum bet (we're talking about 0.07 here).

Overall, I don't think it would be worth your time.

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March 16, 2016, 02:20:30 PM
 #29

with 3000 % of investment, i think you can start a casinò (or simply dice site) and buy a good promotional add campaign, because the only problem of investment in gambling is the honest of the owner

3000$ is not really enough to start casino.
Well, maybe with like 3$ max win per bet but who would play in that casino?

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March 16, 2016, 02:27:28 PM
 #30

with 3000 % of investment, i think you can start a casinò (or simply dice site) and buy a good promotional add campaign, because the only problem of investment in gambling is the honest of the owner

3000$ is not really enough to start casino.
Well, maybe with like 3$ max win per bet but who would play in that casino?

I agree, $3000 is not even close to start a casino. No just for the payout, I think you need to spend a lot of money promoting etc
It is a decent bankroll to start gambling I think. I would recommend poker or sports betting.

I know the OP asked about investments, but if he is expecting a good profit that will for sure involve big risk as well, that's why I said that risking by risking, I would go for poker or sports betting. Or even pay a good tipster, if he does not know how to do it. It would be like an investment I think.

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March 16, 2016, 03:29:38 PM
 #31

Its your choice. But we can look that many people are also want to gamble. But some people know also that gambling is very bad to do.
So it is risky, but to make some good money and profit. You must take risks. Otherwise it is impossible.
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March 16, 2016, 03:31:53 PM
 #32

Well there is a risk involved but you could invest it, and return is unknown becaude noone knows how much casino will win or lose.its better option then gamble Wink
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yes absolutely

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

What sort of returns should I expect

there was a man that selling a % from satoshi bones...
It's not a casino, it's a dice site but maybe it's good for your needings?
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March 16, 2016, 03:36:08 PM
 #33

Its your choice. But we can look that many people are also want to gamble. But some people know also that gambling is very bad to do.
So it is risky, but to make some good money and profit. You must take risks. Otherwise it is impossible.

You are right and the funny fact is even the bitcoin is risky and not secure to invest in, so its almost the same.
The point is that you have to find a casino that is pretty good with there financial part and algorithms.
Also its has to be trusted otherwise you may be getting scammed.
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March 16, 2016, 03:43:43 PM
 #34

Its your choice. But we can look that many people are also want to gamble. But some people know also that gambling is very bad to do.
So it is risky, but to make some good money and profit. You must take risks. Otherwise it is impossible.
Your advice is so complicated, you saying that gambling is very bad, but in otherwise you also saying OP must take risk Huh

For OP, I think you could invest just some part of your money, and wait the result. If you get good profit, then you can increase the amount of investment.

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March 16, 2016, 04:26:27 PM
 #35

If you don't have a other solid alternate plan,you may.Trading requires time and market analysis.Though investment in Casinos are a subject to house risks ,you can certainly earn good in the long run.Choose a casino wisely,I won't be naming names here but after a good look around ,you may find one.
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March 16, 2016, 04:33:01 PM
 #36

Its your choice. But we can look that many people are also want to gamble. But some people know also that gambling is very bad to do.
So it is risky, but to make some good money and profit. You must take risks. Otherwise it is impossible.
Your advice is so complicated, you saying that gambling is very bad, but in otherwise you also saying OP must take risk Huh

For OP, I think you could invest just some part of your money, and wait the result. If you get good profit, then you can increase the amount of investment.

I agree with you. if still confused to invest, you should try to invest half of the money you have, to know whether the results are good or bad.

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March 16, 2016, 05:42:36 PM
 #37

Why don't you start a business and invest your money there.. hire some programers and moders there so that if you made a unique gambling site you don't need to chat for your guess..
Casino or gambling site is the best business that i know online that you can earn large amount of bitcoin depends in your site..

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March 17, 2016, 11:15:04 AM
 #38

Why don't you start a business and invest your money there.. hire some programers and moders there so that if you made a unique gambling site you don't need to chat for your guess..
Casino or gambling site is the best business that i know online that you can earn large amount of bitcoin depends in your site..
I think $3,000 is not enough to make a casino himself, where casino not only need good design and modern features, but also a casino need a good promotions and advertisement. So he need more money to do that.

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March 17, 2016, 11:23:29 AM
 #39

You understand the risks and are ready to pick a casino which you trust to invest in. You can start by looking https://thebitcoinstrip.com/ at the list of casinos offering investment by checking the box labeled "Invest option".
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March 17, 2016, 12:48:32 PM
 #40

I would definitely not invest the whole 3000 dollars in one casino, try to spread it out and do not leave it in too long, I'd say.

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