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Author Topic: Losing investment on Gambling sites  (Read 14223 times)
lorylore
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July 13, 2016, 03:16:42 PM
 #101

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

actually they only look similar when in fact they are not at all the same. when you gamble you have no idea of the result so you can win or lose at all times but when you invest you can calculate the risks and make a wise investment that has a very tiny chance of going wrong.

also in gambling you lose all you put down but when you invest in case of a loss, you will only lose a small part of what you put down. and that is a huge distinction.

Investments are always long term. Gambling is short therm, you lose your money faster as you wish.
Though we all know that gambling is not better than investment, but to me gambling has been always better than investment. When I gamble, I win or loose quick but with investment it gives me a pain and though not losses, in fact profits but really really slow.

If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.
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July 13, 2016, 04:30:07 PM
 #102


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?

I think till now you would have got lot of information regarding investing in gambling sites is good or not, if still you are in confusion then you can start you own lending thread under lending section, their you will be holding the collateral  in the form of bitcointalk forum user accounts or alt coins whose value is higher then your loan. Like this you will be in full control of your investment.
hua_hui
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July 13, 2016, 04:34:13 PM
 #103

You should have to know that gambling is not a place for investment, if you want to invest your money in any place and want to earn a good profit from there , then I will say that do not move your coins to anywhere as the price of bitcoin will start to increase in a few months and with that all of those who will have some coins in their wallets will earn a good amount of profit .
This is for those who have a lot of coins. you'd have to have about hundreds btc to see how worth the wait but for those who have just few that own just 0.5, they rather roll it to invest on gambling sites.

Actually regardless of the amount you have, it is always believe to invest so as to make the money work for you. However, the problem is how are you to invest, i have tried to invest in certain mining company and end up it become a 'rental space' company. The share drop a lot and i lost a lot too.
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July 13, 2016, 04:40:45 PM
 #104

No investment is 100% risk free Smiley Investing in the casino's house certainly increases your odds but as Bill Gates put it, "Better odds doesn't guarantee success."

Make sure you always invest in a casino with active players as well as one that carries a good reputation. Don't ever trust newbies opening a casino with no users playing and casinos having 0 reputation. Also, you might want to read this article about Nakowa, the player that almost emptied Just-dice wallet. Here, http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

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July 13, 2016, 05:02:44 PM
 #105

Honestly i dont trust any gambling site to invest our bitcoin or money.. it may risk your investment.. we dont know how long those gambling site will stay to serve us to give entertainment..  better to save your money for a safe place than invest it that you know anytime they can run.
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July 13, 2016, 05:16:38 PM
 #106

Honestly i dont trust any gambling site to invest our bitcoin or money.. it may risk your investment.. we dont know how long those gambling site will stay to serve us to give entertainment..  better to save your money for a safe place than invest it that you know anytime they can run.

you are to just pick those who are trusted already, you should check like how long they are in the business, are the owners reputable as well.
Risk will still be there no matter what but that should reduce the chance.

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Taki
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July 13, 2016, 05:22:49 PM
 #107

If you really want to invest in a gambling site you have to take off your pink sunglasses and be brae pared to it fell. It's investment and all investment is risky, no matter do you invest in some oil company as Gasprom or in some gambling site. Be ready to risk, chill your head and move on!
I wish you luck. Tell us later about your final decision about that investment. 
coinplus
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July 13, 2016, 06:52:27 PM
 #108

There is always a big risk of losing investment when we talk about gambling sites, so just play with what you can afford to lose, to avoid the worst risky cases.

That's why i find it very wrong to invest in a gambling site.
Not only does it seems too risky I seem it unfit as a profitable investment because from birth I distrust anything that has to do with gambling.
Well, its good for those I guess who gamble and loose all their money. They are still gambling after investment but not with house but with players. So actually it doesn't matter if you love or hate gambling, but investment is always better than gambling. Yes though I also agree that losses occur while investing money.
teilwalL05
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July 14, 2016, 06:47:32 AM
 #109

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.

well some gambling don't need to be lucky because sometimes we just need strategy and knowledge for us to win in gambling. And the gambling experts always win in the game, because they are professionals, and they always doing this to gain profit.
freedomgo
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July 14, 2016, 08:00:54 AM
 #110

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.

well some gambling don't need to be lucky because sometimes we just need strategy and knowledge for us to win in gambling. And the gambling experts always win in the game, because they are professionals, and they always doing this to gain profit.
I know that kind of games, that is when you use your skills rather than luck like poker and the likes, it is really important that you have the skills in that kind of game so you can take advantage against your opponent but luck help you increase your chances.

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July 14, 2016, 08:35:31 AM
 #111

No investment is 100% risk free Smiley Investing in the casino's house certainly increases your odds but as Bill Gates put it, "Better odds doesn't guarantee success."

Make sure you always invest in a casino with active players as well as one that carries a good reputation. Don't ever trust newbies opening a casino with no users playing and casinos having 0 reputation. Also, you might want to read this article about Nakowa, the player that almost emptied Just-dice wallet. Here, http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

wow i just read the story and it is unbelieveable winning.

he said quiting from winning is much harder than quiting from losing , it is true and most of gambler based on statistic are ended losing. so we have no worry if the casino go bankrupt, it have low odds to be happened.

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richkellj
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July 15, 2016, 12:38:49 PM
 #112

You should have to know that gambling is not a place for investment, if you want to invest your money in any place and want to earn a good profit from there , then I will say that do not move your coins to anywhere as the price of bitcoin will start to increase in a few months and with that all of those who will have some coins in their wallets will earn a good amount of profit .
This is for those who have a lot of coins. you'd have to have about hundreds btc to see how worth the wait but for those who have just few that own just 0.5, they rather roll it to invest on gambling sites.
But whats the fun in loosing your 0.5 btc when the sites are offering no minimum invest opportunity ?
I think no matter what amount you have (for what ever purpose or intentions) but try to respect it and invest it rather than gambling just because of your feel like it is small.
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July 15, 2016, 01:35:44 PM
 #113

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 15, 2016, 07:02:56 PM
 #114


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?

I think till now you would have got lot of information regarding investing in gambling sites is good or not, if still you are in confusion then you can start you own lending thread under lending section, their you will be holding the collateral  in the form of bitcointalk forum user accounts or alt coins whose value is higher then your loan. Like this you will be in full control of your investment.
But now a days if you do not have appropriate knowledge then even lending would become very risky.
Sometimes lender takes account without signed message and later regret while sometimes lender gives to much for the account's worth Sad
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July 16, 2016, 02:35:46 AM
 #115


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?

I think till now you would have got lot of information regarding investing in gambling sites is good or not, if still you are in confusion then you can start you own lending thread under lending section, their you will be holding the collateral  in the form of bitcointalk forum user accounts or alt coins whose value is higher then your loan. Like this you will be in full control of your investment.
But now a days if you do not have appropriate knowledge then even lending would become very risky.
Sometimes lender takes account without signed message and later regret while sometimes lender gives to much for the account's worth Sad

There's still risk in Lending now that those scammers are willing to go much trouble for the worth amount.
One can fake sign message and some use their account as collateral but don't really have the intention to take it back.

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July 16, 2016, 04:16:15 AM
 #116

If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.

I totally agreed with this. Some investments need to have more year to come before you will get what you want. But it is really worth the wait but you should also needs understanding and you need to educate yourself about investing before you have to enter this kind of risk. But unlike gambling in a long run you will lose a lot of money.
freedomgo
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July 16, 2016, 04:21:01 AM
 #117


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?

I think till now you would have got lot of information regarding investing in gambling sites is good or not, if still you are in confusion then you can start you own lending thread under lending section, their you will be holding the collateral  in the form of bitcointalk forum user accounts or alt coins whose value is higher then your loan. Like this you will be in full control of your investment.
But now a days if you do not have appropriate knowledge then even lending would become very risky.
Sometimes lender takes account without signed message and later regret while sometimes lender gives to much for the account's worth Sad

There's still risk in Lending now that those scammers are willing to go much trouble for the worth amount.
One can fake sign message and some use their account as collateral but don't really have the intention to take it back.
Getting an account as a collateral to lend loans is not wise, one can easily buy new accounts with a cheap amount than the amount taken as loan, since we are all anonymous here we have to expect that scammers are everywhere so we need to be very careful.

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dinda22
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July 16, 2016, 04:40:21 AM
 #118

If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.

I totally agreed with this. Some investments need to have more year to come before you will get what you want. But it is really worth the wait but you should also needs understanding and you need to educate yourself about investing before you have to enter this kind of risk. But unlike gambling in a long run you will lose a lot of money.

Yeah, investment requires a long time and this is long term, and also we have to put a lot of money for this so that the results are comparable to what we have been waiting for.

gambling is short term, but you can not think that if you invest in gambling will get results in the short term, it still will be in the long term.
hua_hui
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July 16, 2016, 05:08:24 AM
 #119

If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.

I totally agreed with this. Some investments need to have more year to come before you will get what you want. But it is really worth the wait but you should also needs understanding and you need to educate yourself about investing before you have to enter this kind of risk. But unlike gambling in a long run you will lose a lot of money.

Yeah, investment requires a long time and this is long term, and also we have to put a lot of money for this so that the results are comparable to what we have been waiting for.

gambling is short term, but you can not think that if you invest in gambling will get results in the short term, it still will be in the long term.

Actually you dont have to put in a lot of money. To me, i feel that the most important is the amount of wages played on the website. You can have a high percentage on the bankroll with almost nobody playing and you cant profit any. Or you can have a low percentage of the bankroll but with a huge amount of wages you still can profit more with the earlier choice.
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July 16, 2016, 05:56:37 AM
 #120

If you are not patient, then investment is not for you. You are more suited for speculation and focus on capital gains. Investment usually will need some time to generate the extra cash flow and however it is more safer compare to gambling. In the long run, gambling will net you a negative value while investment in casino will give you profits.

I totally agreed with this. Some investments need to have more year to come before you will get what you want. But it is really worth the wait but you should also needs understanding and you need to educate yourself about investing before you have to enter this kind of risk. But unlike gambling in a long run you will lose a lot of money.

Yeah, investment requires a long time and this is long term, and also we have to put a lot of money for this so that the results are comparable to what we have been waiting for.

gambling is short term, but you can not think that if you invest in gambling will get results in the short term, it still will be in the long term.

If OP intend to invest to a long term project then i guess investing to a gambling site isn't something he should be up to.
Putting some cash to a good project with a potential instead is better investment such as WAVES token or Lisk.

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