Bitcoin Forum
June 29, 2024, 10:10:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 »  All
  Print  
Author Topic: Investing in Bitcoin Casinos are really worth it?  (Read 20393 times)
hatshepsut93
Legendary
*
Offline Offline

Activity: 3010
Merit: 2148


View Profile
September 03, 2016, 06:19:23 AM
 #121

I think investing in bitcoin casinos is worth for short term and it's a bit risky investing in bitcoin casino for long term, but the important is find a good casino first before you invest,

you are so wrong and probably you aren't an investor yourself
in the short term you will only win or lose small fractions , which doesn't worth the try
but investing in gambling when you have a small edge will make you money only in the long run , cause there is much variance

for me I only consider my yearly results when it comes to investing in gambling sites , and it's better than leaving my coins in a wallet

You are also wrong. In the short term you can win or lose big, due to variance - so it's not simply that it's not worth the effort, it's just not likely to be worth the effort. In the long run, however, your profit will correlate with the house edge of the casino in question

Well, in short term anything can happen, you can get big or small profit or big/small loss, but it's all about the long run, where you expect to see profit. As for risks, it's better to look on bankroll size, max allowed win, as well as reputation of the house and some other factors of their business.
Sidas_Crew669
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
September 03, 2016, 07:39:50 AM
 #122

I think investing in bitcoin casinos is worth for short term and it's a bit risky investing in bitcoin casino for long term, but the important is find a good casino first before you invest,

you are so wrong and probably you aren't an investor yourself
in the short term you will only win or lose small fractions , which doesn't worth the try
but investing in gambling when you have a small edge will make you money only in the long run , cause there is much variance

for me I only consider my yearly results when it comes to investing in gambling sites , and it's better than leaving my coins in a wallet

You are also wrong. In the short term you can win or lose big, due to variance - so it's not simply that it's not worth the effort, it's just not likely to be worth the effort. In the long run, however, your profit will correlate with the house edge of the casino in question

Well, in short term anything can happen, you can get big or small profit or big/small loss, but it's all about the long run, where you expect to see profit. As for risks, it's better to look on bankroll size, max allowed win, as well as reputation of the house and some other factors of their business.

It's very true friend, investment in the Casino will only give you an advantage in the short term. And if we expect or think that investment in the Casino can last a long time then it will only make you disappointed. Because all business Casino most will only survive within 10 years and after that they are having hard times. Because every day there are always gambling site that grows better and provide more value
electronicfactura
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
September 03, 2016, 10:19:34 AM
 #123

A well established and profitable site isn't in need of investment usually. There may be some which need investment to increase bankroll to raise the limits to attract more players and big players. Last year I invested in some site and then withdrew my money after few days when I understood the way of making profit and percentage. I personally will not go for investment because risks always are and profit is not that big as people think at start.
Leonard2016
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 520



View Profile
September 03, 2016, 10:46:30 AM
 #124

i think investing in a gambling site is only good if you are the owner and investing in your own gambling site because at the end of the day it is you that take all the rewards and profit now the players and not the people who have invested in your casino,.


             ▄          ▄▄▄▄    ▄
            ███      ▄██████▀  ▀█▀
            ███     ▄██▀
            ███     ███        ▄█▄   ▄█▄ ▄█████▄▄         ▄▄██████▄      ▄█▄ ▄█████▄▄         ▄▄█████▄▄        ▄▄█████▄▄
    ▄▄▄▄▄▄  ███     ███        ███   ██████▀▀▀▀███▄     ▄███▀▀▀▀▀███▄    ██████▀▀▀▀███▄     ▄███▀▀▀▀▀███▄    ▄███▀▀▀▀▀███▄
  ▄████████▄███  ▄█████████▄   ███   ████▀      ▀███   ▄██▀       ▀██▄   ████▀      ▀███   ▄██▀       ▀█▀   ▄██▀       ▀██▄
▄███▀    ▀█████   ▀▀███▀▀▀▀    ███   ███         ███   ███         ███   ███         ███   ███              ███████████████
███   ▄▄   ▀███     ███        ███   ███         ███   ███         ███   ███         ███   ███              ███▀▀▀▀▀▀▀▀▀▀▀
███   ▀▀   ▄███     ███        ███   ███         ███   ███         ███   ███         ███   ███         ▄    ███         ▄
▀███▄    ▄█████     ███        ███   ███         ███    ███▄▄   ▄▄████   ███         ███    ███▄▄    ▄███    ███▄▄   ▄▄███
  ▀████████▀███     ███        ███   ███         ███     ▀████████▀███   ███         ███     ▀█████████▀      ▀█████████▀
    ▀▀▀▀▀▀   ▀       ▀          ▀     ▀           ▀         ▀▀▀▀▀   ▀     ▀           ▀         ▀▀▀▀▀            ▀▀▀▀▀

       ▄▄▄▄▄▄▄
   ▄▄▀▀       ▀▀▄▄
  █               █ ▄
 █   █▀▄ ▀█▀ ▀█▀   █ ▀▄
 █   █▀▄  █   █    █  ▀▄
  █  ▀▀   ▀   ▀   █    █
▄▀ ▄▄           ▄▀    ▄▀
 ▀▀  ▀▀▄▄▄▄▄▄▄▀▀      ▀▄
        ▀▄▄      ▄▄▀▀▄▄▀
           ▀▀▀▀▀▀

                      ▄▄▄
  ▄█▄              ▄███████▄
  ▀████▄▄         ██████▀██████▀
    ▀▀▀████▄▄     ███████████▀
    ▀██▄███████▄▄███████████
     ▄▄▄▀██████████████████
      ▀████████████████████
▀█▄▄     ▀████████████████
  ▀████████████████▀█████
    ▀████████████▀▄▄███▀
       ▀▀██████████▀▀
           ▀▀▀▀▀

               ▄▄   ▄▄
              ▄▀ ▀▀█  █
             ▄▀     ▀▀
         ▄▄▄▄█▄
     ▄█▀▀▀▀▀▀▀▀▀▀█▄
 ▄▀▄▀              ▀▄▀▄
█  █   ▄█▄    ▄█▄   █  █
 ▀█    ▀█▀    ▀█▀    █▀
  █                  █
   █   ▀▄      ▄▀   █
    ▀▄   ▀▀▀▀▀▀   ▄▀
      ▀▀▄▄▄▄▄▄▄▄▀▀
New Age of DEFI
A Non-Code Platform for
Decentralized Trading Instruments

   ▄▄███████████████▄▄
 ▄█████████████████████▄
▄██████████████▀▀███████▄
████████████▀▀    ███████
█████████▀▀   ▄   ███████
██████▀▀     █    ███████
████▀       █     ███████
█████▄▄   ▄█      ███████
████████ ██▄      ███████
▀████████ ▀▄███▄▄███████▀
 ▀█████████████████████▀
   ▀▀███████████████▀▀

     ▄              ▄
   ▄███▄          ▄███▄
   █████▄  ▄▄▄▄  ▄█████
  ▄████████████████████▄
 ▄██████████████████████▄
 ████████████████████████
██████▀▀          ▀▀██████
█████▀   ▄      ▄   ▀█████
 ████   ███    ███   ████
  ████   ▀      ▀   ████
   ▀████▄▄▄▄▄▄▄▄▄▄████▀
     ▀▀████████████▀▀

   ▄▄████████████████▄▄
 ▄█████▀▀▀██████▀▀▀█████▄
▄████▀  ▀▀▀    ▀▀▀  ▀████▄
████▀                ▀████
███▀                  ▀███
███       ▄    ▄       ███
██▀      ███  ███      ▀██
██       ▀█▀  ▀█▀       ██
██▄     ▄        ▄     ▄██
▀██▄     ▀▀▄▄▄▄▀▀     ███▀
 ▀███▄▄▄▄▄▄████▄▄▄▄▄▄███▀
   ▀▀████████████████▀▀
hatshepsut93
Legendary
*
Offline Offline

Activity: 3010
Merit: 2148


View Profile
September 04, 2016, 02:58:47 AM
 #125

i think investing in a gambling site is only good if you are the owner and investing in your own gambling site because at the end of the day it is you that take all the rewards and profit now the players and not the people who have invested in your casino,.

And why are you saying that? Have you tried investing yourself? Most gambling sites are very friendly to investors, they allow you to withdraw at any time and don't put any additional requirements. Casino owners need bigger bankrolls in order to accept more and bigger bets, so they attract investors and honestly share profit with them.
Johnny00
Hero Member
*****
Offline Offline

Activity: 896
Merit: 553


View Profile
September 04, 2016, 03:15:15 AM
 #126

i think investing in a gambling site is only good if you are the owner and investing in your own gambling site because at the end of the day it is you that take all the rewards and profit now the players and not the people who have invested in your casino,.

And why are you saying that? Have you tried investing yourself? Most gambling sites are very friendly to investors, they allow you to withdraw at any time and don't put any additional requirements. Casino owners need bigger bankrolls in order to accept more and bigger bets, so they attract investors and honestly share profit with them.

I have had great success investing in casinos.


|
We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
中文电报群
MEDIUM
BITCOINTALK
LINKEDIN
pooya87
Legendary
*
Offline Offline

Activity: 3500
Merit: 10686



View Profile
September 04, 2016, 06:11:11 AM
 #127

I think investing in bitcoin casinos is worth for short term and it's a bit risky investing in bitcoin casino for long term, but the important is find a good casino first before you invest,

you are so wrong and probably you aren't an investor yourself
in the short term you will only win or lose small fractions , which doesn't worth the try
but investing in gambling when you have a small edge will make you money only in the long run , cause there is much variance

for me I only consider my yearly results when it comes to investing in gambling sites , and it's better than leaving my coins in a wallet

You are also wrong. In the short term you can win or lose big, due to variance - so it's not simply that it's not worth the effort, it's just not likely to be worth the effort. In the long run, however, your profit will correlate with the house edge of the casino in question

Well, in short term anything can happen, you can get big or small profit or big/small loss, but it's all about the long run, where you expect to see profit. As for risks, it's better to look on bankroll size, max allowed win, as well as reputation of the house and some other factors of their business.

It's very true friend, investment in the Casino will only give you an advantage in the short term. And if we expect or think that investment in the Casino can last a long time then it will only make you disappointed. Because all business Casino most will only survive within 10 years and after that they are having hard times. Because every day there are always gambling site that grows better and provide more value

i actually think the opposite is true!
i have never risked my money on a casino investment but i have been watching a lot of them. and in short term it is risky and leads to losses from time to time but they always recover, which means in the long term for example 1-2 months and more there is only a total profit left for you.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
hatshepsut93
Legendary
*
Offline Offline

Activity: 3010
Merit: 2148


View Profile
September 11, 2016, 04:49:13 AM
 #128

A well established and profitable site isn't in need of investment usually. There may be some which need investment to increase bankroll to raise the limits to attract more players and big players. Last year I invested in some site and then withdrew my money after few days when I understood the way of making profit and percentage. I personally will not go for investment because risks always are and profit is not that big as people think at start.

There's always a risk with all sorts of investments, but it's much smaller than in gambling. And investing in casino is safer than in some other business, because they have reliable profit (if they manage they bankroll properly).

For the best profit, you can find a balance between sites reputation and bankroll size, sites with smaller bankroll will bring better profits, but might be riskier, as they can turn into scam.
deadlyunknown
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
September 11, 2016, 07:30:58 AM
 #129

There are no guarantees if you can earn anything by investing alone, not all sites are proved to be trustworthy and can be scammed suddenly, but time will tell if it's worth it for you or not.
poplolnman
Legendary
*
Offline Offline

Activity: 1442
Merit: 1008



View Profile
September 11, 2016, 08:18:31 AM
 #130

There are no guarantees if you can earn anything by investing alone, not all sites are proved to be trustworthy and can be scammed suddenly, but time will tell if it's worth it for you or not.
as long as you have a good reference and keep analyzing which one that should avoided to invested and which one have best aspects why we have to invest like casino age , casino review , casino trust etc you'll be fine. but you need to do it periodically not just first time you do investing only. it's really worth instead to gamble directly.

I'm in 400,000 euros debt , dont help me , i rather die
maku
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000



View Profile
September 11, 2016, 08:25:54 AM
 #131

i think investing in a gambling site is only good if you are the owner and investing in your own gambling site because at the end of the day it is you that take all the rewards and profit now the players and not the people who have invested in your casino,.
There is no really that big of a difference if you are the owner and when you are investing in MoneyPot or some other similar service.
And it is much harder and probably impossible for majority of people to start their own serious casino.
I am not talking about some incompetent cloned dice site, but serious service. And you can invest in existing sites even if you have like 0.1 BTC for that purpose.
Try start your own business with that amount of money.
DanielMark
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
September 13, 2016, 05:29:10 PM
 #132

I think that yes, indeed Bitcoin is a good investment destination.
The best way how you can invest in Bitcoin is investing in things that are popular nowadays.
For example investing in bitcoin mobile casinos is a good idea, because you can invest your money and get a profit easily.
I read about it on http://www.mobilecasinos24.com/, and it is awesome!
Super!
fullypak
Legendary
*
Offline Offline

Activity: 1456
Merit: 1005



View Profile
September 14, 2016, 02:12:11 AM
 #133

There are no guarantees if you can earn anything by investing alone, not all sites are proved to be trustworthy and can be scammed suddenly, but time will tell if it's worth it for you or not.

That's why you shouldn't invest money in all casinos which open recently but you need to find trusted sites to invest and you can find few good sites in this forum. All investments are risky but casino investments are high risk and it will give high returns over the time. So choosing good casinos are very important in casino investments.
futurebit640
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000


View Profile
September 14, 2016, 07:11:44 AM
 #134

There are no guarantees if you can earn anything by investing alone, not all sites are proved to be trustworthy and can be scammed suddenly, but time will tell if it's worth it for you or not.

That's why you shouldn't invest money in all casinos which open recently but you need to find trusted sites to invest and you can find few good sites in this forum. All investments are risky but casino investments are high risk and it will give high returns over the time. So choosing good casinos are very important in casino investments.

According to me investing all amount in one casino is not a good idea. Split your cost and invest in few different casinos. Then the loose chances are less. Investing in Bitcoin casino is the risky method, in that if you invest in a single casino means the profit/loss chance is 50 - 50. So better find good casino's and split your investment it really worth.
Newcoins2020
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
September 14, 2016, 09:29:42 AM
 #135

I think that it depend on which Bitcoin casino because at this moment there are so many of them that competition between the sites is really a thing.
If the Bitcoin casino is trust able and makes money then it is worth it.
Red-Apple
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
September 14, 2016, 09:36:44 AM
 #136

I think that it depend on which Bitcoin casino because at this moment there are so many of them that competition between the sites is really a thing.
If the Bitcoin casino is trust able and makes money then it is worth it.

the only thing that matters is that the site should be old and trusted and also have a rather big user base which makes the number of daily bets big so there is a higher chance of making profit and also making a bigger profit.

but other than that almost all the sites that meet the criteria will be profitable in long term as the house always wins rule apply to all of them.

--signature space for rent; sent PM--
bitcoinmasterlord
Legendary
*
Offline Offline

Activity: 1148
Merit: 1006


View Profile
September 14, 2016, 10:00:32 AM
 #137

There are no guarantees if you can earn anything by investing alone, not all sites are proved to be trustworthy and can be scammed suddenly, but time will tell if it's worth it for you or not.

If you worry about sites can scam you then don't ever invest in any new sites but choose some good trusted sites. There are few of good sites where you can earn money from your investments. Just need to choose the right one to invest money.
novemberwoah
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500



View Profile
September 14, 2016, 11:42:49 AM
 #138


Yes I myself can not give tips for sure if you want to invest in bitcoin casino and benefit. I can only tell you that if you want to invest in bitcoin casino must be careful because I think it is very difficult to make a profit in bitcoin casino.
hua_hui
Legendary
*
Offline Offline

Activity: 1386
Merit: 1016



View Profile
September 14, 2016, 04:07:49 PM
 #139

The most important is always choose a site that is rep. The downsite of new site is that anytime you may lose 100% of your investment if the site owner run away with all the investment.

However, rep site has a bad point is that the investment bank is already quite huge, so every lose, you only get a extremely small portion.
roadbits
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000


View Profile
September 14, 2016, 04:40:30 PM
 #140


Yes I myself can not give tips for sure if you want to invest in bitcoin casino and benefit. I can only tell you that if you want to invest in bitcoin casino must be careful because I think it is very difficult to make a profit in bitcoin casino.

Yes, i agree that in Bitcoin casino making a profit is very tough and it will take too much time. If you are good in the market, and you know about casino sites means invest no problem. Invest in trustworthy site but don't expect profit immediately it will take some time. Investing in Bitcoin casino is also risk But compare to gambling this is a good choice.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!