Should I invest in bitcoin casinos?

[craked5]

If you look at the stats on https://dicesites.com/ you will see that https://betking.io has more profit than MoneyPot, Satoshi Dice and Bitdice combined!

Not only that but we almost have more wagered than all three of them combined!

We have the biggest bankroll, offer the largest max bet in the industry and have been around since 2013.

We recently just reduced the minimum investment amount to 0.01 too.

Lol!
I like how you promote your site ^^

But if you're argument are a bit basic they're still good.
i'll go check your investment process.

[krishna1]

You can invest your 3000$ in house edge of a casino,but don't invest more than you can't afford to lose......

[BicolIsarog]

Well, just like any other gambling, Bitcoin dice casinos have a tendency to fall and pull you down but what makes investing in Bitcoin casino better than any other game? It shouldn’t be a question of why should you invest but of why shouldn’t you invest.

[mirakal]

You can invest your 3000$ in house edge of a casino,but don't invest more than you can't afford to lose......

I think that is a decent amount already and considering that the house always wins you can already make a consistent profit on a daily basis, if you could add more the better as your chances is already high.

[hua_hui]

You can invest your 3000$ in house edge of a casino,but don't invest more than you can't afford to lose......

I think that is a decent amount already and considering that the house always wins you can already make a consistent profit on a daily basis, if you could add more the better as your chances is already high.

Investment should be for the long run, if you want to investment in gambling casino, you will be deeply affected by the rising and falling price happening every hour. So dont aim for daily basis and wait for at least a few months before you check on your investment progression.

[hatshepsut93]

Investing in bitcoin casinos is good, but not for long term investment. Because someday a player can make casinos bankrupt when that player win so many bitcoins.

No, most casinos have limit for maximum win from 1 bet, so in order to win all their bankroll such player must have much bigger bankroll than the casino. Just invest in some reputable casino and enjoy your free money.

Easier to say than to do...

Anyone has an idea of net annual interest?

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

[shulio]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

[ranlo]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

[Hatuferu]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

I don't really rely on ratios because I still believe in the end that investing in a casinos is profitable, I have a conservative projection of my investment and I would be happy if I can hit like 50% a year.

[shane]

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

[ranlo]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

I don't really rely on ratios because I still believe in the end that investing in a casinos is profitable, I have a conservative projection of my investment and I would be happy if I can hit like 50% a year.

MP would have you up 100%+ over the past 7 months if you invested in December, :p.

[Hatuferu]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

I don't really rely on ratios because I still believe in the end that investing in a casinos is profitable, I have a conservative projection of my investment and I would be happy if I can hit like 50% a year.

MP would have you up 100%+ over the past 7 months if you invested in December, :p.

That's great to hear, but the recent DDOS attack of the site makes some of the investors move, I mean does it affect the players as well to move out. Why Moneypot is so profitable to invest compared to other sites? I really don't get it although I have invested a little amount.

[ranlo]

Basing on past profit, I expect casino where I'm investing to provide 60% per year.

Obviously this cant be true and the amount depend on the amount that you invest on the site, if you have only around 1% of the total bankroll then there is no way that you will get 60% a year unless it is a site which is as popular as primedice and has around 10k btc wagered per week

Uh, your % per year is irrelevant of your amount. If you hold 1/100 BTC and it goes up by 100 BTC, you earned 100% (now have 2/1=100% increase). If you held 5/100 and it went up by 100 BTC, you'd have earned 100% (now have 10/5=100% increase). Basic math.

I really wish some of you guys grasped simple concepts. It's painful to have to explain this crap.

I don't really rely on ratios because I still believe in the end that investing in a casinos is profitable, I have a conservative projection of my investment and I would be happy if I can hit like 50% a year.

MP would have you up 100%+ over the past 7 months if you invested in December, :p.

That's great to hear, but the recent DDOS attack of the site makes some of the investors move, I mean does it affect the players as well to move out. Why Moneypot is so profitable to invest compared to other sites? I really don't get it although I have invested a little amount.

DDoS has affected nothing in terms of players OR investors. Its BR now tops 1.5k and it's been hitting the highest volumes it's had during that period. A DDoS only shows one thing: that there's true competition. If anything, it's flattering. Annoying? Yes. But it proves that the site is truly heading in the right direction.

Why is it so profitable compared to others? Can't really say on that. But it's constantly being worked on, enhanced, and expanded upon to bring the best possible experience to investors, players, and app owners alike. And technically speaking, the highest ROI one I know of (at least on a pure "you invested x and now you have y" is Just-Dice, where you'd be up over 500%, but CLAM, its supported currency, is down to 1/8 or so of what it was worth so on a pure BTC basis you'd be down).

Edit: I also want to stress that I'm in no way saying to invest, nor that any of this is representative of the future. It's how it's reacted in the past and everyone's personal situation (in regards to financial state) is different.

[safari88]

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

[ranlo]

don't try it and i think better never trying invest at gambling site, it's like ponzi scheme, also the casino can manipulate total win and lost

I agree with you, although the casino has a house edge, which I believe homeowners should always prevail. but they could manipulate the investment fund, if they lose a lot.

It gets worse than that. I can't think of the name of it but there was a dice site around 2014 to early 2015 that launched and was personally tested by me to see the true results of investing. There was no play at the time (it was fresh) and I found that when you made a bet and won, 100% of the amount was removed from the investor bankroll. When you made a bet and LOST, 50% was still removed from the investor bankroll. Essentially, every single bet was removing funds from the investors. Owner ended up closing down the site as a result, but definitely something to be aware of.

Deal with reputable sites and you shouldn't have any issues.

[Bitcoinbro]

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

What sort of returns should I expect

It depends on how the casino is doing, if you really think that it is worth your time and money to invest in these Bitcoin casino then you should do it.
I would first check it out and see how it goes so that you get a feeling on hoe thing might how when you invest again.

[btcdevil]

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

What sort of returns should I expect

Investing in bitcoin casino sites are just like playing casinos, because if some players play for short term and gets lucky and hit the jackpot then you are also being liable for that loss. and what others told also is true that before investing you have to take full information about the gambling sites which you are going to invest because their are so many sites where 50% of them are fake and scam sites which will show that they are making profit but when some investors start to invest then they start to show the losses and then the investor bank goes to zero.

So investing and playing casinos are both similar but playing casinos are high risk.

[craked5]

I went a bit on betking and...

Well it's interesting. I don't know if it's safe, nobody can know that. But it's interesting that's for sure.
And you can invest low, you don't have to risk a minimum of 10 btc to start ^^

[mirakal]

I went a bit on betking and...

Well it's interesting. I don't know if it's safe, nobody can know that. But it's interesting that's for sure.
And you can invest low, you don't have to risk a minimum of 10 btc to start ^^

Low investment will not work in gambling sites because you profit will sure be low, you need to invest a decent amount that would help you reach your target of projected profit.

[Jmild1]

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

What sort of returns should I expect

It depends on how the casino is doing, if you really think that it is worth your time and money to invest in these Bitcoin casino then you should do it.
I would first check it out and see how it goes so that you get a feeling on hoe thing might how when you invest again.

Check what's the contract of agreement you'll be signing with the casino you want to have an investment, if you think it's fair then go with it. IF you think it is some form of unfair with your side then tell it to them and have a clear explanation.