SparkedDev (OP)
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May 10, 2016, 08:48:42 PM Last edit: June 01, 2016, 04:30:01 AM by SparkedDev |
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In many sites like moneypot, bitvest or many others you can invest.
If you're a high roller and lets say you play a site like bitvest / moneypot. Lets say you invested while you were playing you would reduce your loses a lot. Currently bitvest is at 81btc invested, it wouldn't be hard to take most the cut and keep playing. Investing an gambling at the same time is a way of gambling now that reduces your loses and could give you enough plays to clear the house out.
Lets say you had enough to do 50%-99% of the investment, you could keep chomping away at the other investors funds until you feel you got enough then instant divest. The higher the investment is the higher the limits go allowing you to win more at one time then you could by not being invested. Since bitvest allows instant divest you can pull if you feel your at risk of losing while betting an just reinvest when the site slows down then go at it again. even if you only had 20%-60% of the weight that's still a decent chunk to get back if your a high roller.
There is many new sites popping up daily that have small pots and you could easily overtake the investment.
But there is some risk in this even though house edge is kinda protecting you In short term you might see users also winning while you play. Bitvest has a 1.7% edge so there might be some short term wins but you could offset those loses by winning while gambling.
On most the lines on bitvest other then purples it impossible to lose 100% of a bet so lets say you high roll teal you get back 40% if you lose. So if you own 40% of the investment you got 60%+ back, which could keep playing going for a while.
This thread is about the combo of investing an gambling at the same time, Not about if investing or gambling is better, its about the combo of the two method put into one. To get knock backs as a possible source of extending gameplay long enough to get good hits to attack the investors investments.
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eternalgloom
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May 10, 2016, 09:01:24 PM |
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I had actually thought about this before when I had invested some Bitcoin and Dash into Crypto-Games, I owned like 10 to 15 % of all Dash invested on the site and would play dice with additional dash. Some days I would earn 1 dash from my investment, take my investment out and play, profit more and invest again. You have to keep your investment there for 24 hours before you can withraw it, so there are limitations to that strategy. That and you don't always win
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SparkedDev (OP)
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May 13, 2016, 10:31:05 PM Last edit: May 14, 2016, 01:16:40 AM by SparkedDev |
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Well sites like bitvest are insta divest with no divest fee i think there is a few so far. I'm seeing more an more of them popping up as of late.
But as i said in the op there is some risk involved short term you might lose some investment. In most cases someone will come an degen it right back into your investment. So risking btc when you can get a knock back for your own plays is a decent way to keep your play going. Instead of just losing 100% of each bet you could get back a decent chuck to increase your chances of winning.
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Patatas
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May 13, 2016, 10:38:18 PM |
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Well sites like bitvest are insta divest with no divest fee i think there is a few so far. I'm seeing more an more of them popping up as of late.
Not sure if the post is about the actual discussion or just promoting moneypot and bitvest.In that case,the title is miss leading. Anyhow on topic,I'd choose investing over gambling anyday,why ? Shark-tank is my favorite TV Show these days.No seriously,investing on a casino is much more profitable if you apply the logic of "Aquasi Investment".Good casinos (like the one in my signature) provide mutual benefits for the investors rather than a very little form of equity.On the other hand,you're on your own responsible of the funds while gambling.The risks are too serious to take.If you're convinced of having terrible luck,better stay away.
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SparkedDev (OP)
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May 14, 2016, 12:52:08 AM Last edit: May 14, 2016, 01:03:25 AM by SparkedDev |
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The discussion is directly about investing before you gamble to lower your loses, most gamblers don't care about the investment part they want the hit an increase gambling time. Not to just investing in a site or just gambling, its more the combo to increase your chances of profit or a decent hit. And as advertising i used the examples i was more familiar with, It can be any site as long as the method i'm talking about is in use.
The title is pretty clear on what i mean, The title didn't say "Thoughts on investing over gambling."
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futurebit640
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May 14, 2016, 01:01:02 AM |
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The discussion is directly about investing before you gamble to lower your loses, most gamblers don't care about the investment part they want the hit an increase gambling time. Not to just investing in a site or just gambling, its more the combo to increase your chances of profit or a decent hit. And as advertising i used the examples i was more familiar with, It can be any site as long as the method i'm talking about is in use.
Yes, investing on gambling sites is a safer way to reduce losses. But most of the gamblers wants more funds to play the games and they are not worried much about whether they can win or lose. Just they want to spend more time on gambling and because of gambling addiction. Your way of investing and gambling with profits is safer but it takes quite some time and for addicted gamblers can't wait that long. But there is no guaranty that if one invest on these casinos they can make profits for sure also.
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SparkedDev (OP)
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May 14, 2016, 01:10:52 AM |
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As i stated it has some risk's but getting knock backs on your bets gives you more plays. So lets say you controlled 50% of the house you have 100btc in and your betting 100btc to attack it. Its better to get a 50% knock back over all then to just lose everything. Then you can insta divest that 50btc you won from your self reinvest then keep playing.
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hua_hui
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May 14, 2016, 01:13:36 AM |
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Well sites like bitvest are insta divest with no divest fee i think there is a few so far. I'm seeing more an more of them popping up as of late.
But as i said in the op there is some risk involved short term you might lose some investment. In most cases someone will come an degen it right back into your investment. So risking btc when you can get a knock back for your own plays is a decent way to keep your play going. Instead of just losing 100% of each bet you could get back a decent chuck to increase your chances of winning.
there is a few things when i start to invest in casino, my amount take quite a huge drop cause a whale come in and take a huge hit on the bankroll. however, through time, the profit slowly come in and overall i am in the green.
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SparkedDev (OP)
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May 14, 2016, 01:36:33 AM |
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Well if you were investing to increase to get a knockback you could insta divest with no fee. Wait till it quiets down then reinvest later an continue what you were doing. Note that not all sites have insta divest an no fee's on early divest. So id target any site that don't charge on divest, there is a few on the forum.
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JackpotRacer
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May 14, 2016, 07:15:32 AM |
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Well if you were investing to increase to get a knockback you could insta divest with no fee. Wait till it quiets down then reinvest later an continue what you were doing. Note that not all sites have insta divest an no fee's on early divest. So id target any site that don't charge on divest, there is a few on the forum.
an investor in a casino bank roll is not a gambler. he is smart and it is a very smart way to invest an investor who will invest and divest according to his gut feeling or a whale is visiting the site > he is not an investor > he is a gambler! a gambler who will the same time invest while gambling is actually holding the bank roll against his own bets. to make it easier to understand lets say the gambler holds the 100% of the bank roll and is wagering against his bank roll. what happens is if he loses while gambling >his investment will rise and vice versa. does this make sense? not at all and I would advice to this guy to play a game he likes with play money just for fun. a gambler likes to wager/gamble so he is never an investor and never will be because he wants to win from the casinos/investors bank roll. thats the fun for a gambler if you will understand all my points (sorry for my english) then the best a gambler could do is............... yes just think about and let me know what this could be? I know some smart gamblers they are doing it
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SparkedDev (OP)
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May 14, 2016, 07:41:27 AM Last edit: May 14, 2016, 07:52:42 AM by SparkedDev |
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The point of this is your not going to hold the whole pot, Yes you win from your self but you also win from the other investors. I'm not sure you read the post correctly but the point is investing to get knock backs. Or extending gameplay long enough you can clear the rest of the investors out with reduced risk an knock backs. The post isnt about being an investor the post is about being a gambler who invests for a knock back to try an clear win.
If your going to lose to the house why not lose an get 10-50% of your bet back an if you hit take 50% from you an 50% from the other investors.
In most sites you lose 100% of your bet doing this method you get some back every time an if you hold enough of the house you can get back lots. Yes gamblers like to play to win but this gives an advantage of knock backs an increasing gamplay much longer to possible hit big or make some profit.
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michael555
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May 14, 2016, 07:47:00 AM |
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Interesting idea, if a new site ever comes up I'll try this out. However, for current popular sites I'm nowhere near rich enough to hold the bankroll
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Capradina
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May 14, 2016, 07:50:52 AM |
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All point and the idea that you provide are extremely useful and interesting to interpreted, but each of these investments also requires understanding the deep enough, to a site that will be given fresh Funds (investment). If it does not do so then the idea that you give, I think will not work
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JackpotRacer
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May 14, 2016, 08:01:09 AM |
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The point of this is your not going to hold the whole pot, Yes you win from your self but you also win from the other investors. I'm not sure you read the post correctly but the point is investing to get knock backs. Or extending gameplay long enough you can clear the rest of the investors out with reduced risk an knock backs. The post isnt about being an investor the post is about being a gambler who invests for a knock back to try an clear win.
If your going to lose to the house why not lose an get 10-50% of your bet back an if you hit take 50% from you an 50% from the other investors.
In most sites you lose 100% of your bet doing this method you get some back every time an if you hold enough of the house you can get back lots. Yes gamblers like to play to win but this gives an advantage of knock backs an increasing gamplay much longer to possible hit big or make some profit.
it looks you did not understand my posting and explanation ( please read it again until you understand it). it just does not matter if a gambler is investing 100% or 1% in the bank roll he is wagering against > it just does not make sense for a gambler to do this. and if you still don't understand this important point and the difference of an investor and a gambler just do it and wager against your bank roll and learn it the hard way there are roulette players who are using martingale on red/black and starting out with a base bet on red and black the same roll. I asked why are you wagering on both sides? their answer was that they want to be on the streak with the first bet. would this make sense for you? I bet yes
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SparkedDev (OP)
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May 14, 2016, 08:11:18 AM Last edit: May 14, 2016, 08:27:36 AM by SparkedDev |
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Lets say you were gambling on bitvest normally you played teal line you can get back only 40% of your bet if you lose. Being invested at 50% you would have gt back about 65% of your bet. I'm not sure how that's a bad thing. Its the same with dice if you lose your bet is 100% gone so if your invested you get some of that bet back. Since your not only betting against your self your betting against the other investors so a big win 50% comes from the other investors.
So im not sure how getting a knock back is bad, this is basically a higher way of knock backs each bet your make. Its a way to extend game play an on big wins the other investors have to pay up half for the win. When normally you would lose almost your whole bet if not all to begin with.
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Dr.Famous
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May 14, 2016, 08:30:18 AM |
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In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. ~Dr.Famous~
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JackpotRacer
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May 14, 2016, 09:10:49 AM |
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In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. ~Dr.Famous~ hi Dr Famous what is your take of sparkeddev posting above? I will answer later that really gets funny now edit: @ sparkeddev please edit it next time like this under edit would be fair to all to see the mistakes you did ( not a shame to do mistakes )
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fullypak
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May 14, 2016, 09:38:12 AM |
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In my opinion, Investments are profitable if you are doing it for longer period and with a high amount and in a reputable and successful place. But if you want quick money and don't have enough time to wait for the profit, you can go with gambling. I prefer both of them but in the end, depends on the situation of the person. ~Dr.Famous~ Both investing and gambling are risky and one may lose money in both. I agree with your above post that one may need some decent time to make money from casino investments and also may lose some of your money if anyone win big in this period. But I don't know how one can make a fast profit from gambling? Because here two probabilities are there either can make quick profits or can lose all your money quickly. Gambling is very risky and mostly one can lose money so don't consider it as a fast money making option.
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roadbits
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May 14, 2016, 12:38:49 PM |
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Gambling >>> Quick way to earn profit and even quicker way to suffer losses. Investment >>> Slow way to earn profit, but less risky to suffer losses. But some invest option on gambling sites has higher edge/fee compared to gambling Or casino decided to run with customer's and investor's money. It is true. Investing on casinos are less risky when compared to gambling. If want to takes some real returns on our investments, then need to find a couple of good casinos to invest and to reduce our losses diversification of our investments is very important. Gambling is always very risky and very less chances anyone can make money out of it.
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Joel_Jantsen
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Get your game girl
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May 14, 2016, 12:46:02 PM |
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I don't think many understand the the point being made in the OP.I forget people barely read the OP in the gambling boards. @Sparkedev : I get your point.Either way,you can't benefit from both the instances at the same time.Let's assume I made an investment of 2BTC with ROI something like 1% every two days.I can have a nice stable income if I keep gambling as a whole picture out of it.On the brighter side,if I gamble 10% of my initial investment away,there are slime chances of keeping up with the profits.However I can always gamble with that 1% I make from my initial investment.
Also,lock the thread if you aren't planning to lose your mind over hilarious answers.
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