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Author Topic: 20 BTC investment into gambling site  (Read 2152 times)
bitbaby
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April 20, 2016, 06:31:15 AM
 #21

Its a silly thought because with 20 btc you could only offer 0.2 max profit assuming the house edge is 1% and also you will need some funds for the site and game development , funds for promotions as well and that cost alot. This is not something that you could achieve even with 50 btc and even if you could, im sure the site will be another average sites around here that has almost no player
You could make a moneypot app/site? That way you don't have to have hugeany bankroll and the funds can be used to make the site and promotions, think 20 btc would be enough for that, might still be better than investing in bankrolls.

gtglener
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April 20, 2016, 07:16:35 AM
 #22

It is a big amount, If you are able to afford that amount to invest in gambling and you have more experiences in winning then losing then you can go there, otherwise if you are losing more than victories then you will lose, I think.
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April 20, 2016, 09:29:54 AM
 #23

There are a few sites where you can invest, the best one among them is I think bitdice.me but you must be aware that sometimes there are loss too within a gambling site and in such cases you might suffer.



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adaseb
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April 20, 2016, 09:32:06 AM
 #24

It is a big amount, If you are able to afford that amount to invest in gambling and you have more experiences in winning then losing then you can go there, otherwise if you are losing more than victories then you will lose, I think.

He is not going to gamble with his 20BTC. He wants to invest it into a big roll and he earns a large percentage if the gambling site has alot of losers.
lolxxxx
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April 20, 2016, 09:34:13 AM
 #25

There are some sites who pays  but it is not a good step you better save your bitcoins for few months and you will have good profit or try to invest in trading but idea of investing money in gambling is not a good idea.
wikenpp
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April 20, 2016, 09:50:27 AM
 #26

It is a big amount, If you are able to afford that amount to invest in gambling and you have more experiences in winning then losing then you can go there, otherwise if you are losing more than victories then you will lose, I think.

He is not going to gamble with his 20BTC. He wants to invest it into a big roll and he earns a large percentage if the gambling site has alot of losers.

Yeah. Although the idea sounds good on paper. it is very riksy and quit esome btc to 'gamble' with. Especially if you don't konw the site owners and you can't see the real stats.
BetKing.io
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April 20, 2016, 10:15:31 AM
 #27

If you compare all the top sites you can invest in at https://dicesites.com/ you will see that https://betking.io has the most wagered, the most profit and one of the biggest bankrolls, 3847 Bitcoin.

We've been around for 3 years now and most people would agree we are the most trusted crowdfunded Bitcoin casino.

But do you research thoroughly before investing in any site.

eternalgloom
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April 20, 2016, 11:01:08 AM
 #28

https://www.crypto-games.net is accepting investments in 8 different cryptocurrencies.
Total bitcoins invested is currently 227,45 BTC, and overall invested in all coins is 316 BTC.
I've invested here before and it's really handy that you can just check out the stats on every coin and every separate game.
Over the long term it's pretty similar to the house edge, as it should be.

Payouts are also instant, but your investment is locked for the first 24 hours.

gizane
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April 20, 2016, 11:26:41 AM
 #29

There are quite a few sites where you can invest bitcoin into the house bankroll.

Some of these sites include: Moneypot.com, BitDice.me, Betking.io, Dicenow.com, SatoshiDice.com
There's also just-dice.com but for you to invest into it you will have to convert your bitcoins into CLAMs which is an altcoin. But why invest that much money onto others projects when you can in fact own a gambling site with that much money. The risk will stay about the same but your profit percentage will be much bigger.

Sorry but i dont think that 20 BTC is enough to open up a gambling site if he makes a gambling site and doesn't accepts investments from outside.But even if he does accepts investment it would be a hard time getting investments.

Well i had invested in only two sites -moneypot.com and bitvest.io  and i would say that i was quiet lucky to have profit.Well since return on investment depends on whether a casino site or gambling sites i losing or winning ,i would advice you to get a peopee research and keep track on their profit and investors profit and make up a good decision.

Is open a new gambling site need that much? I think you only need script that real good to let people play and I dont think that 20 btc is not enough just to have good design and good layout. For some investor to invest now you already got moneypot which is more than enough to open a new site
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April 20, 2016, 06:55:11 PM
 #30

Gambling sites often accept investment unless they are capable enough to provide the whole bankroll themselves. The best place to invest is actually moneypot because tons of gambling sites are connected with it.
ricardobs
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April 21, 2016, 01:31:06 PM
 #31

try cloudbet.com. tried and tested by yours truly Cool

Cloudbet as far as I know never accepts investment from members because its a sports betting website and hardly any sports betting website accepts investment from users.
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April 21, 2016, 01:38:31 PM
 #32

well you shouldn't ask for people experiences , their results don't matter at all cause their investment may win every single day
you should only search about the best house edge for your investment and about the site popularity
also don't invest what you can't afford to lose cause gambling sites are profitable but risky due to the low edge
Erza
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April 21, 2016, 03:32:03 PM
 #33

Gambling sites often accept investment unless they are capable enough to provide the whole bankroll themselves. The best place to invest is actually moneypot because tons of gambling sites are connected with it.

Are you not saying it wrong? I guess because of they can't pay out that much they need good bankroll and that is from investment so with a huge investment they can set on maximum winning from each player. If you have low investment big whale wont come to your site to play
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April 21, 2016, 04:01:37 PM
 #34

I just want to say that the 20 BTC it is money very banya, you just need to be careful to invest BTC that you have, because it's all have a big risk. choose a site that you think reliable, and good luck  Wink
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April 22, 2016, 09:14:13 AM
 #35

You should not invest money now days because many gambling sites are just made for a sole purpose to scam you.
Basically they run for a month and once they accumulate enough they just rush with it.
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April 22, 2016, 09:23:30 AM
 #36

whoa Shocked investing in houseedge sounds interesting Cool i can choose 2-3 sites and try!
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April 22, 2016, 09:29:03 AM
 #37

There are quite a few sites where you can invest bitcoin into the house bankroll.

Some of these sites include: Moneypot.com, BitDice.me, Betking.io, Dicenow.com, SatoshiDice.com
You get the answer but actually I would personall recommend moneypot because a lot of wagering goes on with moneypot as many websites are provided bankroll by moneypot.
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April 22, 2016, 09:30:05 AM
 #38

Making and investment in a gambling site is not that bad but you have to also save some money for back up if you cant earn money with that where you made the investment.
Otherwise if it is goes bad than you will have later no money and that would be bad for you.
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April 22, 2016, 09:32:18 AM
 #39

There are quite a few sites where you can invest bitcoin into the house bankroll.

Some of these sites include: Moneypot.com, BitDice.me, Betking.io, Dicenow.com, SatoshiDice.com

Moneypot and BitDice are both very good choices for it. If you plan to invest OP i would suggest one of those.
Bagus Tubagus
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April 22, 2016, 09:34:23 AM
 #40

Spread investment to 3-5 websites. don't go all in.
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