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Author Topic: Should I invest in bitcoin casinos?  (Read 30336 times)
DeDordtenaar
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April 14, 2016, 10:21:14 PM
 #121

You could invest in bitcoin casino's and I think it also will be good because in fact gambling is very popular under the people that use the bitcoin.
I also see more casino's here on the forum in this section lately.

But it's a high risk investing in casinos, especially now that it becomes very popular. If a gambler hits a very lucky strike, then all your investment goes down the drain. Best guess is better to hold the bitcoin for now or if you can take the risks, invest it.
gambling is very popular. Everyone knows how to gamble. but whether it will guarantee you a profit to invest in gambling.
because luck people sometimes bigger than house ?


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April 15, 2016, 02:24:14 AM
Last edit: May 22, 2018, 10:39:08 PM by Bitminer1224
 #122

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge. Think about it though usually as a player you lose to the house. So why not become the house? That's how it can be a good idea. You must remember though there is still that risk.

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April 15, 2016, 03:47:35 AM
 #123

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.
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April 16, 2016, 08:23:32 AM
 #124

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.

Agree with this post. It really hard to invest nowadays due to lots of scammers in the world and I am not only referring to the crypto community. Before you invest make an investigation of the gambling site you are planning to put your money. This is just like making a feasibility study prior to opening a business.
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April 16, 2016, 08:32:20 AM
 #125

If you do invest you have to remember that there is a risk to lose it, but you still have a good chance to get some profit because of the house edge.

Yes, investing is good because you are a part owner of the gambling site. If you really have a lot of coins try spreading your investments in different casinos and rip the fruits of your investment in the future.

Agree with this post. It really hard to invest nowadays due to lots of scammers in the world and I am not only referring to the crypto community. Before you invest make an investigation of the gambling site you are planning to put your money. This is just like making a feasibility study prior to opening a business.

Most of the bankroll investment with casinos aren't scams. If you lose money, its because legitately the casino went bankrupt and lost their bankroll due to a high roller. Sometimes however there might be a bug and the site can get hacked also.
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April 16, 2016, 08:38:33 AM
 #126

Yes investing in casino bankrolls is also a good investment to have with your bitcoin and theres a lot of chance that you will gain profit.
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April 16, 2016, 08:46:35 AM
 #127

You can invest but just like gambling ( do with your own risk )
In order to make good investing, you need observing the casino detail before do it. Although they did a great promo or wagered on the first glance , doesn't mean they are good place to invest in. Just remember dicebitco.in incident !
Yes, a thorough study about that gambling house must be done before going for investment into it. Still they are lot of risk for your money as we can not expect the past performance of the gambling house going to repeat after your investment.
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April 16, 2016, 11:12:24 AM
 #128

Investing is always good, but invest in legit sites

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April 16, 2016, 12:04:04 PM
 #129

Yes investing in casino bankrolls is also a good investment to have with your bitcoin and theres a lot of chance that you will gain profit.

Ive invested in bitvest in their bankroll and gives me a few profit i want to play their game but i dont know how so i just end up investing in the site.
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April 16, 2016, 12:24:30 PM
 #130

Yes he is correct, its very difficult to speculate how much you would make.

The only thing is that you should leave the money there as long as possible due to the house edge.

and this is why i don't like investing in bitcoin casinos.
it is more like a partnership rather than investment because you are sharing in the profit and also sharing in the losses and nothing is clear and set from the beginning.

Well many people do it because they have like 100-200 BTC and want it to grow for some reason. The other websites like cloud mining are all scams or low interest.

i don't think anybody will invest 100-200 BTC on a casino site, at least i have never met one.
even if there are, to those people i can only say one thing and that is why not create your own casino with 100-200BTC instead of investing in another person's business!

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April 16, 2016, 03:29:28 PM
 #131

Yes he is correct, its very difficult to speculate how much you would make.

The only thing is that you should leave the money there as long as possible due to the house edge.

and this is why i don't like investing in bitcoin casinos.
it is more like a partnership rather than investment because you are sharing in the profit and also sharing in the losses and nothing is clear and set from the beginning.

Well many people do it because they have like 100-200 BTC and want it to grow for some reason. The other websites like cloud mining are all scams or low interest.

i don't think anybody will invest 100-200 BTC on a casino site, at least i have never met one.
even if there are, to those people i can only say one thing and that is why not create your own casino with 100-200BTC instead of investing in another person's business!
I have seen people who invest 50 BTC recently and I kept thinking if it is their investment or the bonus amount which one cannot wihtdraw. It's crazy to spend so much on a casino website and the max they should invest is 1-2 BTC. With a bankroll of 100-200 BTC, a user can create their casino site but still it's risky if many people keep winning over 5-10 BTC. There have been big players on Primedice due to which this site suffered too.
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April 17, 2016, 01:03:41 AM
 #132

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.
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April 17, 2016, 03:05:42 AM
 #133

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.

It takes courage in investing online casinos especially in this crypto world where we are anonymous. So if the gambling site where you invested your funds close, you cannot reach them anymore, so that's the risk.
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April 17, 2016, 04:03:35 AM
 #134

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.

It takes courage in investing online casinos especially in this crypto world where we are anonymous. So if the gambling site where you invested your funds close, you cannot reach them anymore, so that's the risk.
Well, all investments have the same risk even at sites that are legit, but if the site was really reliable, I think it's okay to invest there, but try to invest with less money first

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April 17, 2016, 05:28:35 AM
 #135

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.

It takes courage in investing online casinos especially in this crypto world where we are anonymous. So if the gambling site where you invested your funds close, you cannot reach them anymore, so that's the risk.
Well, all investments have the same risk even at sites that are legit, but if the site was really reliable, I think it's okay to invest there, but try to invest with less money first

There are many trusted casino that you can invest here in to forum and they do have some investment for user who joined them just dont invest when you are dealing with casino outside of this forum.
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April 17, 2016, 08:29:21 AM
Last edit: July 08, 2016, 03:28:42 PM by jonatuzc
 #136

Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years. Also look for some past record of paying back to the investors. The good track is more essential to analyse about a bitcoin casino.
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April 17, 2016, 08:36:33 PM
 #137

If you have money to invest then just put it into bitcoin. Please not to casinos or sportsbooks investment, too many times sites scam & close stealing all investors funds.
Need to agree with you. Bitcoins must be the greatest investment opportunity comparing to any other business or investments. If you want peace of mind along with returns from your investment, then you must go with only buying bitcoins for the money you want to invest.
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April 17, 2016, 09:55:54 PM
 #138

Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years.

Actually I think investing in a casino or gambling site is very risky. Most of them are anonymous so it is easy for them to run away.
I rather invest in bitcoin or an altcoin,
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April 18, 2016, 01:20:16 AM
 #139

Investing is always good, but invest in legit sites

Yes, investing on these good casino sites will be better than gambling but should know that these type of investments are high risk and high reward investments. So there are chance you may lose your investment, if any one win big amount from that casino so it is better to diversify your investments to reduce your loses. Also you should find few good sites to diversify, not in any new sites.

It takes courage in investing online casinos especially in this crypto world where we are anonymous. So if the gambling site where you invested your funds close, you cannot reach them anymore, so that's the risk.

Yes, that's why if your not a risk taker then better don't invest in these kind of high risk and high reward investments. These are meant for people who can take more risks to get better returns. So ther very important thing to reduce your losses is diversification for your funds. If you put your money in few sites and if any one site close also will not impact very much.
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April 18, 2016, 01:33:44 AM
 #140

Actually investing is good but now a days gambling sites aren't that stable like how they used to be, so invest in sites which are running since at least 2 years.

Actually I think investing in a casino or gambling site is very risky. Most of them are anonymous so it is easy for them to run away.
I rather invest in bitcoin or an altcoin,

You can invest on casino site if it provide legit casino. I'm ever got profit from investing into gambling site and very glad that they exist over a month.
If you invest on exchanger, you can only make small profit and quite unstable result !


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