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Author Topic: Investing in Bitcoin Casinos are really worth it?  (Read 20393 times)
MoneypakTrader.com (OP)
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June 13, 2016, 05:13:49 PM
 #41

I often see many people saying that the owner of the house always wins, so I think if you invest in bitcoin casino was really worth.

Yes. As they always say that the house always wins, it can only mean that investing into casinos could really be profitable after all. Now I am looking into BetKing to invest into it. I will diversify my investments between different casinos just in case something unexpected happens in one of the casinos. A very good idea would be to make a decentralized casino running under the Ethereum platform (smart contracts) Everything would be managed by smart contracts like the payout, in order to establish a trustless system. (and also avoid risks such as the casino closing down) Just my opinion.  Grin

BicolIsarog
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July 15, 2016, 12:46:04 PM
 #42

Maybe investing in a 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.
TheBitcoinStrip.com
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July 15, 2016, 03:22:49 PM
 #43

Be wary of the risks!

https://thebitcoinstrip.com/blog/investing-in-bitcoin-casinos.html

TheBitcoinStrip: Bitcoin casino reviews & some other decent Bitcoin-related guides.
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July 23, 2016, 07:06:37 PM
 #44

It been quite some time since I have been away from Bitcoin and cryptocurrencies, but seeing Bitcoin's price rise and the recent trends going about the block chain, it seems that soon we'll be seeing BTC becoming used as a mainstream currency by all major corporations, businesses (and even governments perhaps).

Now I've became interested into Bitcoin casino investing, but I want to know if it is worth a shot. I know that there is a risk in every investment, but I think this could be the most profitable way to go.

If anyone could share some tips or advice regarding this, I would greatly appreciate it.  Smiley



Yes it is worth investing. Much better then playing. You will get lots of small payouts that will add to something a lot bigger and will be more enjoyable to watch grown rather then lose it .
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July 23, 2016, 07:11:17 PM
 #45

Yes it is worth investing. Much better then playing. You will get lots of small payouts that will add to something a lot bigger and will be more enjoyable to watch grown rather then lose it .
No, no it is popular misconception about investing in bitcoin casinos. Do you really think you can't lose all of your invested money when you are investing in a casino?
You are wrong. I will take only 1 big lucky bitcoin whale to demolish a bankroll of a casino and take all your 'invested' money away.
auswalk
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July 23, 2016, 08:30:38 PM
 #46

Indeed and I've seen it happen a few times. But on the flip side, that whale could double your money.

No, no it is popular misconception about investing in bitcoin casinos. Do you really think you can't lose all of your invested money when you are investing in a casino?
You are wrong. I will take only 1 big lucky bitcoin whale to demolish a bankroll of a casino and take all your 'invested' money away.
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July 23, 2016, 08:36:26 PM
 #47

Investing in Bitcoin casino is also risky but still the nature of this risk is quite different than gambling directly on any casino. You need to be very unfortunate if this happens to you that you invest and some lucky guy won jackpot. These things are happening rare because no casino put all bankroll to be won. They surely calculate risk factor to be able to keep continue. In spite of all these risks investing is worth if you want make profit this way.
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July 24, 2016, 04:40:08 AM
 #48

Maybe investing in a 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.


That's why don't ever invest money in any new casino sites but you can find few good casinos those already well established and trusted sites on this forum to invest money. These are risky investments but also gives investors good returns over the time so it is suitable for only risk-taking investors. If you don't want to take risk then just keep coins and sell when prices go up make profit.
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July 24, 2016, 04:46:04 AM
 #49

Investing in Bitcoin casino is also risky but still the nature of this risk is quite different than gambling directly on any casino. You need to be very unfortunate if this happens to you that you invest and some lucky guy won jackpot. These things are happening rare because no casino put all bankroll to be won. They surely calculate risk factor to be able to keep continue. In spite of all these risks investing is worth if you want make profit this way.
because the greater the benefits that we get then the greater the risk that exists around us. it is the law of investment. casino a very risky investment.
JasonXG
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August 03, 2016, 07:39:37 PM
 #50

Just don't gamble - period

Did you even read what is being said or even the title ? This is investing.

I'm starting to think investing doesn't make enough I have seen figures people talking about 10% a year. That's not much. Anyone know anything else about the returns ?
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August 03, 2016, 09:44:42 PM
 #51

Investing in Bitcoin casino is also risky but still the nature of this risk is quite different than gambling directly on any casino. You need to be very unfortunate if this happens to you that you invest and some lucky guy won jackpot. These things are happening rare because no casino put all bankroll to be won. They surely calculate risk factor to be able to keep continue. In spite of all these risks investing is worth if you want make profit this way.

Investing in bitcoin casino is indeed very risky as compare to other form of investment in real world. This is because the percentage edge of profit is only 1%. However, because of such high nature of risk, the return is also equally as attractive cause it can have an ROI of 100% within a  year. So it is up to individual if they want to have high risk for high rewards.
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August 03, 2016, 09:51:57 PM
 #52

Investing in casinos can be profitable & worth it, if you choose the correct one. Exclude all the new/suspicious sites, look for the most popular & legit websites available around here. Investment is a risk too. Even if the house mostly wins, there are still a few failing & you'd see then your money gone. With the latest news about the theft of +$65M dollars from a BTC Exchanve website, BTC is slowly going down. You better invest in it after a few weeks, for now people are just worried about this currency.
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August 03, 2016, 09:54:31 PM
 #53

yeah people should be really careful about it, casinos might turn tu scams and they would steal a lot of money from people so i wouldnt risk it

 
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August 06, 2016, 02:07:56 AM
 #54

Yes it is worth investing. Much better then playing. You will get lots of small payouts that will add to something a lot bigger and will be more enjoyable to watch grown rather then lose it .
No, no it is popular misconception about investing in bitcoin casinos. Do you really think you can't lose all of your invested money when you are investing in a casino?
You are wrong. I will take only 1 big lucky bitcoin whale to demolish a bankroll of a casino and take all your 'invested' money away.

Casinos usually have limit on a maximum amount that can be won with one bet (which is determined by the size of a bankroll), so whales are forced to make a huge amount of bets to win big (in your example, losing all investment means that casino loses whole bankroll). And when someone is making big amount of bets, the house edge will come up.
So, If casino has this rule investors are relatively safe, they won't see any big loses. This is actually the reason why casinos accept investments, they want bigger bankrolls to increase their maximum win amount for a single bet, to attract more whales and highrollers.
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August 06, 2016, 04:46:05 AM
 #55

my suggestion is be careful to select the site, choose only if that site is trust and recommended by people because if you choose the wrong site then that site maybe would scam you. there many recommended site that you can find on here, including of review from member which invest their bitcoin on that site.

but my suggestion is, why you not try to invest your bitcoin on lending in market exchange? i know its small profit, but all in all you can get profit  Grin

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August 06, 2016, 05:40:30 AM
 #56

my suggestion is be careful to select the site, choose only if that site is trust and recommended by people because if you choose the wrong site then that site maybe would scam you. there many recommended site that you can find on here, including of review from member which invest their bitcoin on that site.
Trusted site as in you mean crypto-games.net  Wink

but my suggestion is, why you not try to invest your bitcoin on lending in market exchange? i know its small profit, but all in all you can get profit  Grin
You think lending is a safe investment ? 95% of the lending requests threads are simply scams.Investment in gambling sites is way better in terms of security and profits.
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August 06, 2016, 06:23:48 AM
 #57

I have seen the manager of the signature of crypto games saying that he invested like more than 5 bitcoins in the crypto games bankroll. After 1 year and bit he had won a lot but soon after the balance had shrinked and so now he has a bit more than 7 bitcoins there, meaning more than 2 bitcoins in profit. Its not that much but for me is good. Still I am more a slot player so my investment in any casino would go towards playing slots as I can't resist it.
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August 06, 2016, 08:09:10 AM
 #58

First of all I would recommend finding a few Dice sites that accept investments and you know you can trust. I personally have investments in both just-dice and crypto-games, i find both of these pay well. When investing in a bitcoin casino bankroll you still have access to your bitcoins at any time, you will also benefit from a price rise. I think it is one of the best ways to invest Bitcoin without doing anything. If you split your investment between sites you lower the risk of losing everything.
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August 06, 2016, 08:13:40 AM
 #59

I don't see it worth when you have small amount of money because the portion as profit you get is seamless if you get. Because sometimes it is possible to not receive if some luck guy hit the jackpot. I invested once in digit.io a well know minesweeper gaming site but in two consecutive months my share was very low. I really don't see it worth for small investors, it is other thing when you have some Bitcoins to have big part as share.
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August 06, 2016, 09:28:55 AM
 #60

yeah people should be really careful about it, casinos might turn tu scams and they would steal a lot of money from people so i wouldnt risk it

That's why we shouldn't invest money on any new sites until they prove that they are trusted sites. Also, don't invest all money in any single or two sites but try to diversify and put in few trusted sites then loses will reduce. All these investments are high risk and high rewards so if you can't take risk then don't invest money on any casinos.
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