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Author Topic: Should I invest in bitcoin casinos?  (Read 30345 times)
mixan
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April 21, 2016, 11:08:42 PM
 #181

I would think you need more than $30,000 to invest into a bitcoin casino. Especially a profitable one. Unless you started one from the ground up then you would probably need half of that amount to start out.

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April 22, 2016, 09:46:33 AM
 #182

You must make an investment when you are for sure that you can earn money with it otherwise it will be sin for you and it can be also all wasted money and that is bad.
And of course you never know what will happen if you start so you have to take some risks with it.
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April 22, 2016, 09:50:06 AM
 #183

I would totally invest that money in some other business operation or start something of my own than investing in any kind of bitcoin casino. Clearly most of the casinos ended as scams and just because some people got lucky in getting profitting by investing doesn't mean the same will happen with you.
Actually if someone has insufficient knowledge about BTC then its best to invest in sites rather than trying to make a site and loose all the scammers who know every bit of how to scam.

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April 22, 2016, 01:31:39 PM
 #184

I would think you need more than $30,000 to invest into a bitcoin casino. Especially a profitable one. Unless you started one from the ground up then you would probably need half of that amount to start out.
You don't need that big amount of money to invest in a casino at all. To invest in casino you just need to send BTC to the pool's money of the casino and then get some interest out of it, as far as I know that's how it works. Of course to start a casino from scratch you are going to need a decent amount but I think 30k is too high.
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April 22, 2016, 02:33:59 PM
 #185

Investing in such a casino is very good indeed because you can see these days that gambling with the bitcoin is getting more popular everyday.
It would be good, keep in mind to find a trusted one that is already trusted by many people so you will not get scammed if you invest.
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April 22, 2016, 02:45:37 PM
 #186

Investing in such a casino is very good indeed because you can see these days that gambling with the bitcoin is getting more popular everyday.
It would be good, keep in mind to find a trusted one that is already trusted by many people so you will not get scammed if you invest.
Yeah lately there's so many people move to use bitcoin to gamble instead of fiat money. Leading to so many gambling sites created and sure earned good profit.
So it wouldn't be a bad idea to invest on one of them but you have to make sure the place you invested are a trusted / reliable.

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April 22, 2016, 06:31:33 PM
 #187

Investing in bitcoin casino's can be pretty good but keep in mind it also has some risks because its not a thing you can just do you also should do some research if you are investing.
Overall it can be really profitable if you invested in the right casino that is also trusted here on the forums.

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.
Yes, there are 50% chances of lose and 50% chances of winning if you are playing on luck based gambling games while if you are playing knowledge base games then it is totally dpepnd on your intelligence.
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April 22, 2016, 07:50:27 PM
 #188

The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

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April 22, 2016, 08:45:20 PM
 #189

Investing in bitcoin casino's can be pretty good but keep in mind it also has some risks because its not a thing you can just do you also should do some research if you are investing.
Overall it can be really profitable if you invested in the right casino that is also trusted here on the forums.

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.
Yes, there are 50% chances of lose and 50% chances of winning if you are playing on luck based gambling games while if you are playing knowledge base games then it is totally dpepnd on your intelligence.


Gambling can't be considered a serious investment opportunity in my opinion. Both the game aswell the companies are doing something fishy.
Even if it is a marginal manipulation of the game it is still wrong, even more when you consider how it ruins peoples life's


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April 23, 2016, 02:37:05 AM
 #190

The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.
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April 23, 2016, 04:02:14 AM
 #191

The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.
That is really the nature of investing in gambling. If you want a high return then invest in high risk venture. For me it is still favorable to invest in a legit online casino with a considerable amount since the house edge is at our favor.
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April 23, 2016, 07:31:15 AM
 #192

I think its pretty good to invest in something like that because the market is really coming up for gambling.
A lot of bitcoin users are already gambling with the bitcoin.
Yes its good to invest with the bitcoin and indeed its good to invest in a bitcoin casino right now because the most users that are using the bitcoin are also gambling on online casino that are specially made for the bitcoin.
Its right now booming if you ask me.

I think you are wrong because not all people are gambling with bitcoin. May be most of them but not all, others are trading for sure because it will safer than to gamble all of your coin. Bitcoin is already booming in this past few years so I would do the same thing too if I got a lot of bitcoin. Invest in a low number will not give you good result though
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April 23, 2016, 12:27:12 PM
 #193

Investing in casino is always profitable, i had never heard that casino has parished and users take all its money, its ussualy other way...always!
cheers


Unless if the casino has deed of sale or proof of purchase issues. Like if the property or if the building that it's built on has an ongoing case in the court trial. There's a chance that the casino close down and just runaway instead. Anyway, that barely happens because most casino owners are so rich. The property that's going to be used to build a casino doesn't cost that much to them. Smiley

But anyway since we are talking about bitcoin casino here, I doubt that there's no casino that ran away. Considering how much BTC is today, and considering how much BTC a gambling site can have from investors and bettors.

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April 23, 2016, 01:07:17 PM
 #194

The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.

This is 100% true. I think who ever is gambling then most of them are high risk takers so they can consider to put some money in these good casinos to take the advantage of house edge. Also your suggestion to diversifying our investments on few good sites is very valid to reduce the risk of losing our investments. I too part some coins in couple of sites and want to increase some more soon.
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April 23, 2016, 01:11:20 PM
 #195

The bitcoin casinos are really popular these days but I think its because of that good to invest in it but you should pick a good one that is also very popular to make more profit at the end if you do this you will most likely also make a lot more dollars than at other casinos.

What you said is not fully true because some times if any player win big money after you invest money in any casino then you may loose your money. So investing in casinos are always very high risky and high profit programs, it is well suitable for high risk takers. Another important point to take note here is instead of investing all our funds in any one site, we need to diversify our funds in few good casino sites to reduce our loses. I also invested in couple of sites and still looking for couple more good casinos to invest and still search is going on.

This is 100% true. I think who ever is gambling then most of them are high risk takers so they can consider to put some money in these good casinos to take the advantage of house edge. Also your suggestion to diversifying our investments on few good sites is very valid to reduce the risk of losing our investments. I too part some coins in couple of sites and want to increase some more soon.

i am always down with diversifying investment but in this case i think you should diversify your investment method.

i mean the diversify should be like investing part of it in one casino bankroll and the rest in something else like trading or mining or whatever.

just finding one casino to invest in, which is a good place (legit) and has a good house edge and give you a good share of the profit is much better than investing little in multiple places and earning little from each one.

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April 25, 2016, 02:27:05 PM
 #196

It's like they say the house always wins, but kinda like what the 2nd poster said someone can come in and win a ton of money and there goes your investment.

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April 26, 2016, 03:57:07 AM
 #197

It's like they say the house always wins, but kinda like what the 2nd poster said someone can come in and win a ton of money and there goes your investment.
In investing, that is what you called a business risk. Every investors especially in gambling must already understand the risk associated in this kind of venture. You invest in gambling because you are expecting a high yield return therefore convince ourselves that the risk is high. But don't worry go on the advantage is on you. And take note, only invest what you can afford to lose.
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April 26, 2016, 05:11:12 AM
 #198

Yes investing is worth it, I have invested a lot and gained a lot of profit, but anyways its very low to be honest.
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April 26, 2016, 05:38:04 AM
 #199

Yes investing is worth it, I have invested a lot and gained a lot of profit, but anyways its very low to be honest.
It is only low when you invested only low, try increasing your investment and you can rip the fruits of you labor in the future. My tip is if you have only few coins or money try to invest in a casino where not yet known to the public as you will have a good percentage of sharing in the pot money.
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April 26, 2016, 07:35:23 AM
 #200

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

What sort of returns should I expect
if calculated,you have 6.4BTC and more,its not little amount,but also not a big amount for invest in casino sites,i think casino site need more funds to run smoothly and profitable,but if you not the only one person who invest on that site,its will good.
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