Should I invest in bitcoin casinos?

[Capradina]

It is good to make an investment, but it can be really risky if you are investing in Bitcoin casinos because the thing is that you will never know what can happen with your money. And the chance is really high that you can lose a lot of money with it if it is going bad.

It was the bad impact of investments in gambling, but we know that there is a gambling sites have a risk/impact slightly the gambling sites IE indeed had been very trusted by gamblers and many gamblers who use the site, I think a site like that have very little risk. Because they would not have risked him.

[aranachristianjay]

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.

[Hatuferu]

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.

You have a good point but as a smart investors I would prefer to invest in a more established online gambling casinos regardless of whether the profit is slow as long as it is steady than risk with the newly established where at anytime they can easily take our money.

[hermanhs09]

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.

Not really. If you're investing in a legit site, you obviously know it's legit Get my logic? No. OK. Basically if you know that the site is around for a long time and they previously had the ability to steal more than your investment, than you should go for it.

For example, betking.io or justdice. The amount that you earn is usually around 1% of the gaming volume(house edge).

[pooya87]

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.

Not really. If you're investing in a legit site, you obviously know it's legit Get my logic? No. OK. Basically if you know that the site is around for a long time and they previously had the ability to steal more than your investment, than you should go for it.

For example, betking.io or justdice. The amount that you earn is usually around 1% of the gaming volume(house edge).

correct me if i am wrong but the percentage that you can earn (1% that you said) is only depending on how much you invest. the bigger you invest the bigger shares you hold so you earn more profit. so the percent will vary depending on your investment right?

[goldcoinminer]

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.

Not really. If you're investing in a legit site, you obviously know it's legit Get my logic? No. OK. Basically if you know that the site is around for a long time and they previously had the ability to steal more than your investment, than you should go for it.

For example, betking.io or justdice. The amount that you earn is usually around 1% of the gaming volume(house edge).

correct me if i am wrong but the percentage that you can earn (1% that you said) is only depending on how much you invest. the bigger you invest the bigger shares you hold so you earn more profit. so the percent will vary depending on your investment right?

It actually depends on how much you can risk on your total investment, in safedice there are choices they called it "kelly" you can max your percentage of share and you will be added or deducted accordingly base on the total bets.

[StoreBit]

I don't think so you should not invest your bitcoin In casino. I think you will lost your bitocint there. which you have earn very difficiultly. so I think you should not use your bitocin in gambling.

[newcripto]

Investing is always good than gambling by yourself.The real problem is what amount what you want to invest.You said 1 bitcoin to invest or gambling with it.In my honest opinion you have nothing to achieve significantly.You need some decent amount to invest in order to be happy with returning amount.

[john2231]

Investing is always good than gambling by yourself.The real problem is what amount what you want to invest.You said 1 bitcoin to invest or gambling with it.In my honest opinion you have nothing to achieve significantly.You need some decent amount to invest in order to be happy with returning amount.

But the real problem in investing its high risky than gambling.. because anytime your money will gone while you are waiting to gain a profit..
Its better to gamble your money just to have some fun not to make profit because we know house is always win but if you are lucky to make a profit just withdraw and don't play again..

[Finestream]

Investing is always good than gambling by yourself.The real problem is what amount what you want to invest.You said 1 bitcoin to invest or gambling with it.In my honest opinion you have nothing to achieve significantly.You need some decent amount to invest in order to be happy with returning amount.

But the real problem in investing its high risky than gambling.. because anytime your money will gone while you are waiting to gain a profit..
Its better to gamble your money just to have some fun not to make profit because we know house is always win but if you are lucky to make a profit just withdraw and don't play again..

I beg to disagree, investing is more safe than gambling as we know for the fact that the house always wins and as a gambler we all lose in the long run, investing in online casinos are already proven to be profitable and we can even make more profit if we learn how to diversify our investments. For me, the only thing you need to consider in investing an online casino is to select the most trusted one where you risk your money.

[Red-Apple]

Investing is always good than gambling by yourself.The real problem is what amount what you want to invest.You said 1 bitcoin to invest or gambling with it.In my honest opinion you have nothing to achieve significantly.You need some decent amount to invest in order to be happy with returning amount.

But the real problem in investing its high risky than gambling.. because anytime your money will gone while you are waiting to gain a profit..
Its better to gamble your money just to have some fun not to make profit because we know house is always win but if you are lucky to make a profit just withdraw and don't play again..

investing this way is risky, i agree. but it is in no way riskier than gambling itself. what you describe as "your money will gone while you are waiting to gain a profit" is what happens when you are "gambling" not investing.

you lose only if the site turns into scam and runs away with your money and in this case gambling has the same risk too because you are gambling in the same place you have invested which is risky.

[Zooplus]

Investing is always good than gambling by yourself.The real problem is what amount what you want to invest.You said 1 bitcoin to invest or gambling with it.In my honest opinion you have nothing to achieve significantly.You need some decent amount to invest in order to be happy with returning amount.

But the real problem in investing its high risky than gambling.. because anytime your money will gone while you are waiting to gain a profit..
Its better to gamble your money just to have some fun not to make profit because we know house is always win but if you are lucky to make a profit just withdraw and don't play again..

investing this way is risky, i agree. but it is in no way riskier than gambling itself. what you describe as "your money will gone while you are waiting to gain a profit" is what happens when you are "gambling" not investing.

you lose only if the site turns into scam and runs away with your money and in this case gambling has the same risk too because you are gambling in the same place you have invested which is risky.

You can always avoid being scam by the online casino, you should not invest to a site that has to high trust rating and also you need to consider how long the sites have been operating, diversify your investing and in that way you can minimize your losses. Of course we can find a good gambling sites here that accepts investors.

[Positid]

Online casino is one of the most profitable type of investment. It is already apparent that gambling industry is the most profitable industry in the world because we, the gamblers are supporting them hard and continue to waste our money for them and even though others cannot afford to be they still bet, so that would increase the market.

[CryptoBjorn]

i don't think it is very necessary to invest in gambling casinos you know there are allot of other ways to get allot of profit with coins. So don't invest on gambling casinos because most of them are not worth it because they already make allot of money. Invest in smaller upcoming company's is many times smarter.

[Finestream]

i don't think it is very necessary to invest in gambling casinos you know there are allot of other ways to get allot of profit with coins. So don't invest on gambling casinos because most of them are not worth it because they already make allot of money. Invest in smaller upcoming company's is many times smarter.

Investing in a established casino is the safest way to do if we are referring with investment, the new ones will just come and go so it is very risky. Gambling industry is the most profitable business in the world, although we cannot tell it base on records as they are shady. In addition, they are doing business well in the past decades until now so if you invest you are already sure that you will profit, all you have to do is select the best online casino.

[Xenophoto]

i don't think it is very necessary to invest in gambling casinos you know there are allot of other ways to get allot of profit with coins. So don't invest on gambling casinos because most of them are not worth it because they already make allot of money. Invest in smaller upcoming company's is many times smarter.

If you're going to invest in a bitcoin casino, then you are 1-2 years late. Bitcoin casinos used to have a lot of profit that's why a lot of them have opened from the past. Bitcoin casinos doesn't have a lot of fans nowadays. Even if the majority of shares of a bitcoin casino is yours, you wouldn't make a lot of money compared to the money that you've put in.

And also, there's a lot of bitcoin casinos that pulled out a "I was hacked" scam so it's really hard to invest in a bitcoin casino now. Most gamblers spend their time gambling on places that have been there for a while already like BustaBit and Primedice. They know that it wouldn't pull out a lame scam. Gamblers know that their money is safe in those websites. Unfortunately though, those sites were already funded so you can't actually invest on them.

[Positid]

i don't think it is very necessary to invest in gambling casinos you know there are allot of other ways to get allot of profit with coins. So don't invest on gambling casinos because most of them are not worth it because they already make allot of money. Invest in smaller upcoming company's is many times smarter.

If you're going to invest in a bitcoin casino, then you are 1-2 years late. Bitcoin casinos used to have a lot of profit that's why a lot of them have opened from the past. Bitcoin casinos doesn't have a lot of fans nowadays. Even if the majority of shares of a bitcoin casino is yours, you wouldn't make a lot of money compared to the money that you've put in.

And also, there's a lot of bitcoin casinos that pulled out a "I was hacked" scam so it's really hard to invest in a bitcoin casino now. Most gamblers spend their time gambling on places that have been there for a while already like BustaBit and Primedice. They know that it wouldn't pull out a lame scam. Gamblers know that their money is safe in those websites. Unfortunately though, those sites were already funded so you can't actually invest on them.

I don't think someone is late in planning to invest in a online casino, just-dice have been operating for long and they are also trusted but they still accept investors, we just have to diversify our investment to minimize the risk as investing is really risky just like you have mentioned that some sites can go scam.

[Xester]

i don't think it is very necessary to invest in gambling casinos you know there are allot of other ways to get allot of profit with coins. So don't invest on gambling casinos because most of them are not worth it because they already make allot of money. Invest in smaller upcoming company's is many times smarter.

If you're going to invest in a bitcoin casino, then you are 1-2 years late. Bitcoin casinos used to have a lot of profit that's why a lot of them have opened from the past. Bitcoin casinos doesn't have a lot of fans nowadays. Even if the majority of shares of a bitcoin casino is yours, you wouldn't make a lot of money compared to the money that you've put in.

And also, there's a lot of bitcoin casinos that pulled out a "I was hacked" scam so it's really hard to invest in a bitcoin casino now. Most gamblers spend their time gambling on places that have been there for a while already like BustaBit and Primedice. They know that it wouldn't pull out a lame scam. Gamblers know that their money is safe in those websites. Unfortunately though, those sites were already funded so you can't actually invest on them.

While I can see why some might hold this point of view, I personally think you can invest in more trustworthy casinos that have left the infancy stage (where many sites decide to go rogue).  Currently, Moneypot is sitting at +344BTC profit on just over 6 months.  I wouldn't say there's no bitcoin left to be won now

Wow that was a good profit ratio, I might try visiting that site and try to put some BTC. Since I am a gambler and I don' t really won a good amount of money for a long then investing would be good for me I guess.

[smho_16]

Why not ? Rather than losing money in the long run, as in this long run the house edge will always be an obstacle and will make you lose in the long run, better to invest directly in casinos. But this is still a big risk regarding investing in casino, no matter how trusted the site is, there is always a risk of them failing and go offline, or not paying investors at the worst case.

[goldcoinminer]

Why not ? Rather than losing money in the long run, as in this long run the house edge will always be an obstacle and will make you lose in the long run, better to invest directly in casinos. But this is still a big risk regarding investing in casino, no matter how trusted the site is, there is always a risk of them failing and go offline, or not paying investors at the worst case.

You got it right, me as a gambler I always look for a different method to win in gambling but for the long time of searching I still couldn't find it and continue to lose my money in gambling until I realize the simplest way to stay in gambling and enjoy, with investing you can be save of losing as the house always runs and it is profitable IMO.