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Author Topic: Losing investment on Gambling sites  (Read 14223 times)
neochiny
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July 10, 2016, 08:25:04 AM
 #41


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

you wont actually lose your investment as long as the casino you invested in, is still running, but if the casino
lost you wont get any profit and have to wait until they get back the btc  they lost. it still better to invest on a several
casinos to secure some profit even if its small, and from there try to increase the amount you invested to increase
the profit that you will get.

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fulgdenea
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July 10, 2016, 08:31:59 AM
 #42

Yeah, I also think investment in any casino can be risky whether you are looking for quick profit from your initial money, I have very good experience with my investment in reputed casino but it can take up to months to see grow your money with that casino bankroll, you have to be clam down when you are interested to make investment there.
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July 10, 2016, 08:49:09 AM
 #43

winning and losing in gambling is just like brother and sister. no one can tell you that either you will win or lose your own investment. it is a game of luck and if you are luck then surely you will win and if not then possibly lose your own. no you have to decide what do to. invest or not.
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July 10, 2016, 09:12:49 AM
 #44

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.
What do you think about investing in the site betking is it profitable? I ever invested in moneypot you can invest the amount you want. but I only get a small profit I've never tried investing in other gambling sites. do you think how much amount which is suitable to invest in gambling sites?

https://BetKing.io has more profit than Satoshi Dice, BitDice and Moneypot combined. So it is definitely profitable.

The thing is that the bankroll is huge and so might only get a small percent of profit unless you have a lot to invest.
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July 10, 2016, 12:36:03 PM
 #45

Is that possible that you can lose on investment? Because i never saw someone losing it, moreover that you invest on gambling site sure it is profitable unless you do with some small amount of money with high odds, this might be the case. Never think about anything else again besides this possibility. Sure it is slow enough but it is a sure thing to invest some of your coin on a trustworthy casino
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July 10, 2016, 01:29:59 PM
 #46


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Which sites are saying that it's a guaranteed profit? 

DON'T LISTEN TO THEM.

Will you end up making a profit in the long term?  More than likely (you have math on your side).... but there is always risk and no one can predict the future.

In my personal opinion (full disclosure, I'm one of the owners of Moneypot), if your risk tolerance is strong and you can afford to wait out the long run, then I truly believe gaming bankrolls are one of the best returns you can put your Bitcoin into.  However, if your risk tolerance is low, I'd recommend something else.
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July 10, 2016, 01:58:05 PM
 #47

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.
What do you think about investing in the site betking is it profitable? I ever invested in moneypot you can invest the amount you want. but I only get a small profit I've never tried investing in other gambling sites. do you think how much amount which is suitable to invest in gambling sites?

https://BetKing.io has more profit than Satoshi Dice, BitDice and Moneypot combined. So it is definitely profitable.

The thing is that the bankroll is huge and so might only get a small percent of profit unless you have a lot to invest.

I wanna try this. I can afford 0.1btc to invest on a gambling site. How long do I have to wait to get ROI?
small percentage doesn't matter so long as its constant. How much profit would an investor get if he invest 0.5 btc?

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mentaken
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July 10, 2016, 02:07:44 PM
 #48

Betking.io has a 1 btc minimum investment.

I like safedice.com and bitdice.me to invest some of my coins Smiley

Now betking only have a minimum of 0.1btc investment. So more people can try it out. I would also say that moneypot is another good choice for you to try it out. I have not yet try out safedice and bitdice. I need to do some research before investing in any projects.
What do you think about investing in the site betking is it profitable? I ever invested in moneypot you can invest the amount you want. but I only get a small profit I've never tried investing in other gambling sites. do you think how much amount which is suitable to invest in gambling sites?

https://BetKing.io has more profit than Satoshi Dice, BitDice and Moneypot combined. So it is definitely profitable.

The thing is that the bankroll is huge and so might only get a small percent of profit unless you have a lot to invest.

I wanna try this. I can afford 0.1btc to invest on a gambling site. How long do I have to wait to get ROI?
small percentage doesn't matter so long as its constant. How much profit would an investor get if he invest 0.5 btc?


Depends on your share in the bankroll. If you have very small share, you will only make 50.000 satoshis.

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July 10, 2016, 02:22:06 PM
 #49


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Just invest in a trusted gambling site. You can lose but you will to high rollers sometimes but you will recover also just don't divest your investment when you see it losing. Remember Casinos always win you will only lose if they run or got hacked. That is why i told you to invest in a trusted site, to find one just research  . Goodluck
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July 10, 2016, 02:43:15 PM
 #50


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Just invest in a trusted gambling site. You can lose but you will to high rollers sometimes but you will recover also just don't divest your investment when you see it losing. Remember Casinos always win you will only lose if they run or got hacked. That is why i told you to invest in a trusted site, to find one just research  . Goodluck

It's hard to determine which site is trustworthy and which is a scam. That's why I prefer to invest in altcoins which a good name.
Gambling and gambling sites are not my cup of tea.
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July 10, 2016, 03:01:12 PM
 #51

If you have not made any investment yet than Betking.io will be good option as it has very huge bankroll, I had very good memories with them it is profitable and now it has lowered the minimum amount for investment so you can give try to them.
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July 10, 2016, 03:47:04 PM
 #52

If you have not made any investment yet than Betking.io will be good option as it has very huge bankroll, I had very good memories with them it is profitable and now it has lowered the minimum amount for investment so you can give try to them.

It sounded like you've stopped investing to them why?
I wouldn't stop if i get to earn thru them even with just pennies so long as they are giving the returns every month. unless of course if something happen?

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July 10, 2016, 04:13:43 PM
 #53

If you have not made any investment yet than Betking.io will be good option as it has very huge bankroll, I had very good memories with them it is profitable and now it has lowered the minimum amount for investment so you can give try to them.

It sounded like you've stopped investing to them why?
I wouldn't stop if i get to earn thru them even with just pennies so long as they are giving the returns every month. unless of course if something happen?


Well it is of course to leave the btc there to forever tap on the monthly profit. But in reality life is not as simple as that. There is also of times where we need some cash money and that why we may tend to withdraw the btc in order to redeem for fiats for daily usage.
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July 10, 2016, 05:20:39 PM
 #54


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Which sites are saying that it's a guaranteed profit? 

DON'T LISTEN TO THEM.

Will you end up making a profit in the long term?  More than likely (you have math on your side).... but there is always risk and no one can predict the future.

In my personal opinion (full disclosure, I'm one of the owners of Moneypot), if your risk tolerance is strong and you can afford to wait out the long run, then I truly believe gaming bankrolls are one of the best returns you can put your Bitcoin into.  However, if your risk tolerance is low, I'd recommend something else.

I believe i can wait out the long run as long as I get the ROI it don't matter how long. But maybe a year would be too much.
you're saying moneypot is the best gambling site to invest with, how much is its minimum?

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July 10, 2016, 07:25:31 PM
 #55

It's like you investing in other people to lose, and as long as they lose you will have profit. There can always come some serious player with big bankroll, and if he hit some crazy bet and win you will have problems.
Normally you need to be careful with choosing right casino, bad ones can scam you and disappear. I don't know how much is minimum, but in big casinos you need to invest a bit more I think, like minimum couple bitcoins, maybe even more.



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July 11, 2016, 05:54:49 AM
 #56

Yoy cannot expect any investment to be risk-free, if such a thing existed we all would be doing it. In my opinion, investing in gambling sites yields to a profit at least 9 out of 10 times, if you want to increase your chances of earning something just open several investments across different casinos.

The only risks are a whale trashing the casino's bankroll (sometimes that only affects the short-term and your investment will recover itself with the time) or the site being "hacked" (i.e. the owners running away with investor's money).

I would say, go on! By the way, I think this topic has already been discussed more than once in the past. Next time do your own research first.

Are there any instances where the owners ran away with investors' funds? How often does this happen in the bitcoin world?

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July 11, 2016, 06:33:39 AM
 #57


Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Think about it as gambling with a +EV. That's basically what investing in gambling sites are.

If you account for how many times you've lost over your gambling career, then you should know that in the long term you will profit from investing in a gambling site.

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July 11, 2016, 07:45:26 AM
 #58

If youcannot afford to lose then do not invest in there as there is 50% chance of winning and 50% chance of losing, so the better choice is that you invest in that places where there is not the more chances of lose, I will suggest you for investment in trade.
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July 11, 2016, 08:59:13 AM
 #59

If youcannot afford to lose then do not invest in there as there is 50% chance of winning and 50% chance of losing, so the better choice is that you invest in that places where there is not the more chances of lose, I will suggest you for investment in trade.
Yes, there is a lot of chance to lose your money in investing. So before investing learn all information about that sites and also how they are performing in the market. If it is doing well in since a couple of months, then you can invest in them. But that is also a risk we don't know when they will close their sites. If you do not take risk, you can not make money in gambling.
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July 11, 2016, 11:03:31 AM
 #60

Investment is the same as gambling, you still have a chance to lose, you must understand the risk Cheesy

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