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Author Topic: 🌟Thoughts on investing then gambling combo🌟  (Read 2105 times)
keyscore44
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May 15, 2016, 09:43:27 AM
 #41

How does the math not make sense okay.
Lets say an any site pot is 100 btc.
You invested 100btc.
Now you have 50% of the pot minus site fee's.
So now you play have 100 btc that you were going to degen anyways.
By the end of that you have 140-150btc because you lost to your self plus the other investors.
If you planned on just playing 100 btc an lost your whole bank roll you have nothing.
This is a way to get back what you have lost, so as far as i can tell that's good math.
Pretty sure that's a way to stop losing 100% or your loses.
This is a method your betting that you will win an take the other investors funds.
I believe there is a few sites who use margin based investment which raise the limits.

In most cases why do gamblers stop gambling? Because they ran out of funds.
In this way you prevent losing everything you planned to use for that day.

I never said once any site was better then another not sure where you drew that conclusion from.
You made the same claim before when no where in this thread have i stated any site was better then another.

If you have 50% of the pot you dont have 140-150 back, because pot it is only 30% of casino earnings. When you play 100 btc and you lose eveyrthing, coming back to you 50% from 30% so you can have around 114 - 115 btc.
If im wrong about pot - please show me casino which sell 100% of shares.

In other words - you say that from 200 btc you have ~115 btc - I say you lost >85 btc.

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May 15, 2016, 10:04:35 AM
 #42

Like someone said, keep it simple. You wish to invest in some casino, for example. And later you think to go to same casino to gamble.

So lets focus on big win: If you win big, money would be gathered from investors ( some percent`s from you also ) and paid to you so you will have profit from big win, and eventually some little loss from investing in casino.

But if you lose then part of your lost will go to you back cause you invested in that casino..

I don't think that can work. Only good thing about it is like you said you will not lose 100 % cause in one moment you will receive money from investing in casino. What are you doing is nothing more then rotating money, and in that I think you will have more loses then winnings.

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May 15, 2016, 10:18:49 AM
 #43

Like someone said, keep it simple. You wish to invest in some casino, for example. And later you think to go to same casino to gamble.

So lets focus on big win: If you win big, money would be gathered from investors ( some percent`s from you also ) and paid to you so you will have profit from big win, and eventually some little loss from investing in casino.

But if you lose then part of your lost will go to you back cause you invested in that casino..

I don't think that can work. Only good thing about it is like you said you will not lose 100 % cause in one moment you will receive money from investing in casino. What are you doing is nothing more then rotating money, and in that I think you will have more loses then winnings.

exactly what I was saying before (btw it was me saying KISS)

it just does not make sense to do what OP is asking or proposing or believing in

yo could also tell gamblers to wager on plinko games because you don't lose 10% in each bet and you get always something back lol

does it mean the bets are +EV? yes but for the casino and not for the gambler

it was a very complicated formulated question bu tit has a very simple answer

It does not make sense!

Please check my Scam accusation against 👉 Blackjack.fun 👈 to be always up to date
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keyscore44
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May 15, 2016, 10:39:01 AM
 #44

Like someone said, keep it simple. You wish to invest in some casino, for example. And later you think to go to same casino to gamble.

So lets focus on big win: If you win big, money would be gathered from investors ( some percent`s from you also ) and paid to you so you will have profit from big win, and eventually some little loss from investing in casino.

But if you lose then part of your lost will go to you back cause you invested in that casino..

I don't think that can work. Only good thing about it is like you said you will not lose 100 % cause in one moment you will receive money from investing in casino. What are you doing is nothing more then rotating money, and in that I think you will have more loses then winnings.

exactly what I was saying before (btw it was me saying KISS)

it just does not make sense to do what OP is asking or proposing or believing in

yo could also tell gamblers to wager on plinko games because you don't lose 10% in each bet and you get always something back lol

does it mean the bets are +EV? yes but for the casino and not for the gambler

it was a very complicated formulated question bu tit has a very simple answer

It does not make sense!

OP is thinking only about winings, but should think about loses too. Of course as you guys pointed that loses will be reduced by % stake in the casino. But untill you don't have >51% chances to win, you always will be losing. Your way will be just a bit longer..

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May 15, 2016, 10:48:24 AM
Last edit: May 15, 2016, 11:01:16 AM by SparkedDev
 #45

There isn't a 30% house fee in any public investment based site ive seen an if that's the case you rob shouldn't be betting there.
Im talking about sites that are 100% public investment base an they only take 0.25%-0.55% fee on gamblers loses an the other 1.15% go's to the investors.
An i am factoring loses that's what this theory is based on getting knock backs on loses.

If your going to degen your going to degen, this is a way to degen an get back some on each bet.
Lets use dice as an example you lose 100% of your bet if you lose, if you were invested you would have get some back.

This increases what you get back if you lose, that you would have lost 100% of.

I'm using the examples that i know of sites that only take fee's on the loses of gamblers not investors.

It clearly states you will lose some to investors but with this method you can keep a % from even reaching them.
An if you get a decent hit it don't only take from you it takes 50% from the other investors.


But he is talking like every game is the same same its clear because he is using +ev an -ev which is mostly used by poker players.
Personally using bitvest as more of my example because you can make your own lines.
There is a few investor based games you can change up the odds an in plinko which i have a better understanding of this is a possible solution.

He is talking as if all sites are the same when they are clearly all not, im talking about 100% publicly funded games are casinos.



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keyscore44
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May 15, 2016, 10:58:54 AM
 #46

There isn't a 30% house fee in any public investment based site ive seen an if that's the case you rob shouldn't be betting there.
Im talking about sites that are 100 public investment base an they only take 0.55% fee on gamblers loses an the other 1.15% go's to the investors.
An i am factoring loses thats what this theory is based on getting knock backs on loses.

If your going to degen your going to degen, this is a way to degen an get back some on each bet.
Lets use dice as an example you lose 100% of your bet if you lose, if you were invested you would have get some back.

This decreases loses, that you would have lost 100% of.

1. I'm not talking about 30% fee, i'm talking about 30% shares to buy (invest).
2. 100% public investment - yes, please show me one casino with 100% shares for sell. ( If there is casino with 100% public investment, It is called crowdfunding)
3. Let's take extream situation - When you buy more and more shares, finally you have 90% of casino Wink
- this 90% was worth 90 btc
- in hands of other investors is 10%
- house edge is 1%
- casino fee 0.5 %
- you play for 100 btc and you are only player in this casino
how do you see your earnings?

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May 15, 2016, 11:02:20 AM
Last edit: May 15, 2016, 11:27:50 AM by SparkedDev
 #47

Bitvest is 100% publicly invested they only take 0.55% as a fee an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

So the site only gets 0.55% fee only on gamblers loses an most the edge is given to the investor.
You could see how i came to this conclusion since its truly 100% public investors.


So another example would be if a gambler made a 100btc drop the site from that play would only get 0.55 btc.
The other part of the edge 1.15% go's to the investors, that's why i only brought up the the sites i knew of.



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May 15, 2016, 11:27:13 AM
 #48

Bitvest is 100% publicly invested they only take 0.55% investments an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

So the site only gets 0.55% fee only on gamblers loses an most the edge is given to the investor.
You could see how i came to this conclusion since its truly 100% investor based non crowd funded.

I feel a bit stupid now.. I don't understand this counting..  Roll Eyes

Lets take easiest example with same data.

you bet 10 times 10 btc each bet on red in roulette - 10 Times in row is coming black. You lost 100 btc.

I think first move of casino is taking 0.55% fee, so 100 btc - 0.55% = 99.45 btc - this is to split between investors. If you have 90%, to your pocket is coming back 89.505 btc (99.45 * 90%)

So 100 - 89.505 = 10.495

You lost 10.495 btc

 

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May 15, 2016, 11:28:29 AM
 #49

Bitvest is 100% publicly invested they only take 0.55% investments an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

you asked me to show you where you talked about bitvest so please read your postings. you can't bend maths and 1+1 is always 2 and therefore we love BTC

or you are telling me that your option is +EV for me as a gambler and I will come to gamble at bitvest 24/7 and not plinkopot.com




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May 15, 2016, 11:31:06 AM
Last edit: May 15, 2016, 11:48:06 AM by SparkedDev
 #50

Bitvest is 100% publicly invested they only take 0.55% investments an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

you asked me to show you where you talked about bitvest so please read your postings. you can't bend maths and 1+1 is always 2 and therefore we love BTC

or you are telling me that your option is +EV for me as a gambler and I will come to gamble at bitvest 24/7 and not plinkopot.com






As i said im not saying one is better then the other but bitvest has 1111x multipliers anf 1250x multipliers plus you can make your own lines.
So much so over 7000+ lines are custom, https://allcryptotalk.com/index.php?/topic/2293-bitvestio-row-builds/
You can also save all your lines in a tab called my rows an share your builds and lines with other people.

Also this is a theory i found on bitvest that works i believe it also works on any other plinko sites: https://bitcointalk.org/index.php?topic=1221154.860

But this isn't a post about plinko its about all gambling that is investment based.
I just happened to find the idea on a plinko investment sites.
But it should be be able to carry over universally to just about all gambling other then sports an some card games.






Bitvest is 100% publicly invested they only take 0.55% investments an allow instant divest.
Bitvest shares the house edge with investors 1.15% to investors an 0.55% to them only on gamblers loses.
So if 10% was only owned by other investors your getting back depending on the game your playing you could get back over 85% of each bet.


Ill use this as an example:

So lets say you lost on this line you own 90% of the investment because you can only lose 60% of that bet on that line.
You get back 40% from bet an if your 90% or w.e % over 30-50% more thats taking the sites 0.55% fee into consideration.

So the site only gets 0.55% fee only on gamblers loses an most the edge is given to the investor.
You could see how i came to this conclusion since its truly 100% investor based non crowd funded.

I feel a bit stupid now.. I don't understand this counting..  Roll Eyes

Lets take easiest example with same data.

you bet 10 times 10 btc each bet on red in roulette - 10 Times in row is coming black. You lost 100 btc.

I think first move of casino is taking 0.55% fee, so 100 btc - 0.55% = 99.45 btc - this is to split between investors. If you have 90%, to your pocket is coming back 89.505 btc (99.45 * 90%)

So 100 - 89.505 = 10.495

You lost 10.495 btc

 


Yeah but you didn't lose 100% of that bet. like you would have if you weren't invested.
My theory says you will lose some to the other investors in it, but if you hit that play what are you going to win 90% of you an a large chunk of the others.
Theory can be used to keep game play going long enough to get some hits, if you were going to lose 100% of it anyways how is this not a bonus.



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HAS BEEN RELEASED!


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May 15, 2016, 11:51:30 AM
 #51

Oh. Ok. So all this thread is about that risk is less when you invest in casino? I don't think so.. Grin

In case of winning in this 10 bets raw (10 bets on red, 10 btc each, 10 Times in raw coming red) you have to cover your own winning from your own (investor)pocket, and yeah let see how much you can get:

Start with 100 btc + 100 btc from winnings - 200 btc

100 * 90% = 90 btc from your pocket + 0.55% casino fee
90 * 0.55% = 0.495 btc
90 + 0.495 = 90.495 btc

100 - 90.495 = 9.505 btc - your earnings

In my opinion this sword cuts both ways, and wins only casino - always plus 0.55%

As i wrote before with your idea way to lose everything is just two times longer then normal way..

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May 15, 2016, 11:58:56 AM
 #52

Many of us are interested in gambling cos of its fast profits. My biggest goal since now was on dice with a bet of 0.5 btc on x4 but i lost the half on same dice again thus i remained with 1 btc which i owned the half already so I wonder how much you guys gaining for this method.
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May 15, 2016, 12:05:05 PM
 #53

Oh. Ok. So all this thread is about that risk is less when you invest in casino? I don't think so.. Grin

In case of winning in this 10 bets raw (10 bets on red, 10 btc each, 10 Times in raw coming red) you have to cover your own winning from your own (investor)pocket, and yeah let see how much you can get:

Start with 100 btc + 100 btc from winnings - 200 btc

100 * 90% = 90 btc from your pocket + 0.55% casino fee
90 * 0.55% = 0.495 btc
90 + 0.495 = 90.495 btc

100 - 90.495 = 9.505 btc - your earnings

In my opinion this sword cuts both ways, and wins only casino - always plus 0.55%

As i wrote before with your idea way to lose everything is just two times longer then normal way..
Yeah but does it not provide longer game play an knock backs instead of losing 100% of ever bet your losing only 10% or so.
You can decide at that point if you want to continue, i guess in my eyes its better to lose 10% of a bet the lose it all.

But that's why i asked peoples thoughts on it, i was just going on numbers i know since bitvest is where i came up with the theory an looking at other plinko based sites.
if you invested on bitvest its like 92 btc, if you had 100 btc invested an were going to play you could get at least 80+ % back from every bet.
An if you hit big you get a chance to take from the other investors who would have about 40% of the pot, but as i see it are mostly looking at the loses.
Ive seen many people pull big wins on plinko sites just based on how the multipliers are set on all them you will get some back every bet in most cases.


Many of us are interested in gambling cos of its fast profits. My biggest goal since now was on dice with a bet of 0.5 btc on x4 but i lost the half on same dice again thus i remained with 1 btc which i owned the half already so I wonder how much you guys gaining for this method.


As of now this is more of a thought i personally think that's why im asking what peoples thoughts are.



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May 15, 2016, 12:08:32 PM
 #54

Many of us are interested in gambling cos of its fast profits. My biggest goal since now was on dice with a bet of 0.5 btc on x4 but i lost the half on same dice again thus i remained with 1 btc which i owned the half already so I wonder how much you guys gaining for this method.


This thread people are discussing about investing on the casino to make profits along with casino instead of gambling directly. Gambling looks an easy way to earn fast money but if that is true, today we might not be seeing so many casinos around us. If we realise that, then we will come to know the real fact of gambling is people always lose and casinos will always win. So gamble only sometimes to enjoy the fun part of it and if you're lucky then you can make some quick profits but no guarantee for benefits.
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May 15, 2016, 12:11:18 PM
 #55

Many of us are interested in gambling cos of its fast profits. My biggest goal since now was on dice with a bet of 0.5 btc on x4 but i lost the half on same dice again thus i remained with 1 btc which i owned the half already so I wonder how much you guys gaining for this method.


This thread people are discussing about investing on the casino to make profits along with casino instead of gambling directly. Gambling looks an easy way to earn fast money but if that is true, today we might not be seeing so many casinos around us. If we realise that, then we will come to know the real fact of gambling is people always lose and casinos will always win. So gamble only sometimes to enjoy the fun part of it and if you're lucky then you can make some quick profits but no guarantee for benefits.

No we are talking about the combo of investing an gambling at the same time to get knock backs as a possible source of extending gameplay long enough to get good hits to attack the investors investments.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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May 17, 2016, 01:23:04 PM
 #56

Many of us are interested in gambling cos of its fast profits. My biggest goal since now was on dice with a bet of 0.5 btc on x4 but i lost the half on same dice again thus i remained with 1 btc which i owned the half already so I wonder how much you guys gaining for this method.


This thread people are discussing about investing on the casino to make profits along with casino instead of gambling directly. Gambling looks an easy way to earn fast money but if that is true, today we might not be seeing so many casinos around us. If we realise that, then we will come to know the real fact of gambling is people always lose and casinos will always win. So gamble only sometimes to enjoy the fun part of it and if you're lucky then you can make some quick profits but no guarantee for benefits.

No we are talking about the combo of investing an gambling at the same time to get knock backs as a possible source of extending gameplay long enough to get good hits to attack the investors investments.
I would say focus only on one venture and definitely that is not gambling. In my opinion investing is the best way to do, by investing in an online casino you will have a good profit sharing in the total pot money. We already know that the house always wins so can already expect a good profit of your investment. The only thing you need to consider and must carefully evaluate is what site are you going to put your money.

We have a lot of gambling site to choose from today but you cannot just pick blindly as they might also go bankrupt or scam your investment the worst. You need to treat it like doing a feasibility study on your own business prior to the actual operation.

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May 25, 2016, 08:45:18 PM
 #57

This is exactly what I plan on doing soon. Rather gamble with my investment interest then risk the whole bank roll. Then u can make a slightly higher return as well.
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May 25, 2016, 09:25:57 PM
 #58

This is exactly what I plan on doing soon. Rather gamble with my investment interest then risk the whole bank roll. Then u can make a slightly higher return as well.

I do  know it's about security but most of the things you can do with gambling involves risk. Too much for some people to let it bypass. While some believe in it's potential.
For me the potential is there, however find a right investment is very hard.
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May 25, 2016, 10:22:17 PM
 #59

This is exactly what I plan on doing soon. Rather gamble with my investment interest then risk the whole bank roll. Then u can make a slightly higher return as well.

I do  know it's about security but most of the things you can do with gambling involves risk. Too much for some people to let it bypass. While some believe in it's potential.
For me the potential is there, however find a right investment is very hard.

this isnt about finding the right investment next time read the op before posting.



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HAS BEEN RELEASED!


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Rainbot
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May 25, 2016, 11:34:54 PM
 #60

Well he posted in the "Gambling" section so we know that he wants a high reward high risk investment. Maybe not pure gambling but something that will make him more money then keeping it in a savings account.

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