Should I invest in bitcoin casinos?

[jakelyson]

Op, with that $3000 budget you have you shouldn't be investing in casino - you should create your own casino. With that money you can easily buy decent casino scripts.
With correct promotions and good marketing you can build your own brand. Don't pay for someone else's dream, instead build your own.

It is not that easy to start an online casino. If he does not have enough experience how to manage it, he will lose all the money he have. And, money alone cannot determine your success on a business. It have different facets to be understand. You have sales, management,  finance and operations. He is better off if he just invest it on different investment platforms and live on interest.

[CroSany]

Yea just listen katerniko1.Invest in betking is best possible option for earn money in dice casinos.

[cazkooo]

only having the funds and making a casino is not going to make profit for the owner.

This is just weird post, any casino is going to make profit by default because there is a house edge and it seems you are unaware of that thing.If so then you should read about house edge before posting another weird post. The problem will be wether there will be people wagering on your site or not, to get a profit you need house edge and people that constantly wagering on your site otherwise you wont make any profit

[fenican]

Generally you should not invest in a Bitcoin casino. Many potential problems:

1. The operators may disappear with your investment.
2. The site may be hacked resulting in a loss of all or most of their BTC
3. A high roller might "break the bank". Betting limits help limit this but incredible win streaks do happen.
4. A cheater might exploit loopholes in the software to gain an edge
5. The business is mysteriously unprofitable for "unknown" reasons that the operators blame on variance
6. The site may be shut down, sometimes permanently, by denial of service type attacks. Don't expect quick refunds of your investment if this occurs - operators may spend a fortune trying to get it back online.

[bitraine]

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

What sort of returns should I expect

yes it is worth i think because the house always win in the long run but dont expect too much profit. and invest only what you can afford to lose,

[SparkedDev]

Generally you should not invest in a Bitcoin casino. Many potential problems:

1. The operators may disappear with your investment.
2. The site may be hacked resulting in a loss of all or most of their BTC
3. A high roller might "break the bank". Betting limits help limit this but incredible win streaks do happen.
4. A cheater might exploit loopholes in the software to gain an edge
5. The business is mysteriously unprofitable for "unknown" reasons that the operators blame on variance
6. The site may be shut down, sometimes permanently, by denial of service type attacks. Don't expect quick refunds of your investment if this occurs - operators may spend a fortune trying to get it back online.

None of these are really issues anyone other then the site running with funds but some sites have been around a while.
That an are owned by a trustworthy casino, like bitvest its owned by the owner of 777coin and they never seem to have had issues since 2013.
The most lightlord does is gets a little busy that he forgets to send funds to the sig campaign runner but everyone has gotten funds.

[MTBTT]

Yea just listen katerniko1.Invest in betking is best possible option for earn money in dice casinos.

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

[shulio]

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

You seem to forget that you lose based on the amount that a player wins as well, so everything is the same actually. Instead of finding a site that has house edge, you should just invest on a site that has an industry standard edge instead since it will attract more player than those with higher house edge

[SparkedDev]

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

You seem to forget that you lose based on the amount that a player wins as well, so everything is the same actually. Instead of finding a site that has house edge, you should just invest on a site that has an industry standard edge instead since it will attract more player than those with higher house edge

Actually you lose based on your weight of margin of investment.
So if there is people with 20 btc invested and you only have 1 btc you going to lose less then them.
Its a collective lose not just a lose on your part, i think this is what confuses people that your directly alone investing against users.
That's not the case you're sharing loses which reduces you loses significantly.

[goldcoinminer]

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

You seem to forget that you lose based on the amount that a player wins as well, so everything is the same actually. Instead of finding a site that has house edge, you should just invest on a site that has an industry standard edge instead since it will attract more player than those with higher house edge

Actually you lose based on your weight of margin of investment.
So if there is people with 20 btc invested and you only have 1 btc you going to lose less then them.
Its a collective lose not just a lose on your part, i think this is what confuses people that your directly alone investing against users.
That's not the case you're sharing loses which reduces you loses significantly.

That's already given in the gambling venture, one must lose in order for the other to win. In investing a casino the house edge is your advantage then the more visitors the site has the more profit you get. Therefore if you want a decent earnings from this investment you better investment a considerable amount of BTC. Maybe around 100 BTC but always be cautious in selecting a casino.

[hua_hui]

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

You seem to forget that you lose based on the amount that a player wins as well, so everything is the same actually. Instead of finding a site that has house edge, you should just invest on a site that has an industry standard edge instead since it will attract more player than those with higher house edge

i agree. imagine i know of a casino with 10% house edge, i will totally try to skip that cause i will end up losing even more time. The most important is the frequency of gambling amount per day. if the volume is big, even the house edge is average, the profit made will still be a lot more than the others.

[goldcoinminer]

you could make a profit if the players lose. so look for sites that have a lot of players and has a high house edge.
you can be profitable from investment in that gambling sites

You seem to forget that you lose based on the amount that a player wins as well, so everything is the same actually. Instead of finding a site that has house edge, you should just invest on a site that has an industry standard edge instead since it will attract more player than those with higher house edge

i agree. imagine i know of a casino with 10% house edge, i will totally try to skip that cause i will end up losing even more time. The most important is the frequency of gambling amount per day. if the volume is big, even the house edge is average, the profit made will still be a lot more than the others.

If there is a huge house edge then it would always favor to the investors, I find it a good opportunity in investing that kind of casino cause you are playing with the house and eventually the bettors will lose in the long run.

[JasonXG]

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

What sort of returns should I expect

I think you should split it up and only use half the 3k . You can get maybe 10% a month. But remember there are other options.

[fulgdenea]

From my opinion investment in any casino is risky like doing gambling with money but it demand a lot of patience to make some profit, i personally invested in a casino and it was wonderful experience for me because that is the key the house always win. 

[addicto]

When you invest in bitcoin casino you get very small portion of profit.You must to aware of long term waiting as in short term it is possible to not see any money extra.In stead of investing try to run your own site and if this succeed you make lot of money.

[adaseb]

Generally you should not invest in a Bitcoin casino. Many potential problems:

1. The operators may disappear with your investment.
2. The site may be hacked resulting in a loss of all or most of their BTC
3. A high roller might "break the bank". Betting limits help limit this but incredible win streaks do happen.
4. A cheater might exploit loopholes in the software to gain an edge
5. The business is mysteriously unprofitable for "unknown" reasons that the operators blame on variance
6. The site may be shut down, sometimes permanently, by denial of service type attacks. Don't expect quick refunds of your investment if this occurs - operators may spend a fortune trying to get it back online.

You make very valid points however most people would trust a website that has been out for a few years. Many Legendary members are very honest people and won't run off with your money; however its always a possibilty.

All websites can get hacked, even the most secure, thats why most of the BTC is on cold storage.

[MedaR]

But at the end money is always better through investment than in a pockets. Just try to lower your risks and invest in what you believe it is right. Every beginning is very hard, try to connect to managers of already known casinos for advices if the are wiling to give them for free.

[Zooplus]

It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.

[roadbits]

It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.

Investing bitcoin in a casino is good thinking but as my mate said create your own casino this better because in gambling history only gamblers loss there money not house so you will any how make huge profit here because there are lot of count less gamblers are there the only way is ti make your casino to addict them that's it later on only profit you will see.

[Zooplus]

It is really hard to find a good investment nowadays, some casinos although trusted for a longer years also disappear taking all our money. I think just to be safe, I would suggest that if you have a decent amount to invest then why not just create you own casino. It that way you control your own investment.

Investing bitcoin in a casino is good thinking but as my mate said create your own casino this better because in gambling history only gamblers loss there money not house so you will any how make huge profit here because there are lot of count less gamblers are there the only way is ti make your casino to addict them that's it later on only profit you will see.

Well absolutely, its hard to trust this days after reading all the news about scam, if you can make a site, do a due diligence before operating as there are a lot of competitors in the area, make a design that is simple that are user friendly so it will attract a lot of gamblers.