Losing investment on Gambling sites

[pawel7777]

Betking.io has a 1 btc minimum investment.

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

what does happen if you invest in a gambling site?

Your funds become part of house bankroll, you get your share of profits/losses. Since every site has mathematical advantage over players (House Edge), you should make a profit in the long run.

Wouldn't you need to buy a share of the company to receive any profit from them?

first of all, the casinos are not exactly a company to buy "shares" and make profit from them. besides what do you think you are doing when you invest bitcoin in the bankroll? you become a share-holder because you are now a part of the investors in the casino and share in the profit based on the percentage of the bankroll you are providing.

It actually can be pretty different than being a classic shareholder. Some sites like betking or safedice earn their profits by taking small commission on each bet (and imo it's pretty good model). So the site makes constant profits as long as there's any activity, while investors can be at loss.

But likely both operators have also some funds invested in their own sites, so they get 2 streams of profits.

[JasonXG]

Betking.io has a 1 btc minimum investment.

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

what does happen if you invest in a gambling site?

Your funds become part of house bankroll, you get your share of profits/losses. Since every site has mathematical advantage over players (House Edge), you should make a profit in the long run.

Wouldn't you need to buy a share of the company to receive any profit from them?

first of all, the casinos are not exactly a company to buy "shares" and make profit from them. besides what do you think you are doing when you invest bitcoin in the bankroll? you become a share-holder because you are now a part of the investors in the casino and share in the profit based on the percentage of the bankroll you are providing.

It actually can be pretty different than being a classic shareholder. Some sites like betking or safedice earn their profits by taking small commission on each bet (and imo it's pretty good model). So the site makes constant profits as long as there's any activity, while investors can be at loss.

But likely both operators have also some funds invested in their own sites, so they get 2 streams of profits.

For exactly the reason you brought up it is best to increase your investment through affiliation links as well. Imagine 100 referrals and an investment in the bankroll. Now that's good coin.

[pawel7777]

For exactly the reason you brought up it is best to increase your investment through affiliation links as well. Imagine 100 referrals and an investment in the bankroll. Now that's good coin.

Correct, that would be a great mix. But getting 100 active players is close to impossible for an average referrer. All the regular high rollers eventually realise that they are better off creating new account under their own referral link (unless site has some sort of self-referral prevention implemented).

[Labumi]

For exactly the reason you brought up it is best to increase your investment through affiliation links as well. Imagine 100 referrals and an investment in the bankroll. Now that's good coin.

Correct, that would be a great mix. But getting 100 active players is close to impossible for an average referrer. All the regular high rollers eventually realise that they are better off creating new account under their own referral link (unless site has some sort of self-referral prevention implemented).

Yeah, indeed affiliate systems in gambling on the account used to make the bet. is a pretty good profit, if they do it. But I think the affiliate system against gambling would only reverse a little capital for those of us who lose quite a lot of BTC. Better play reasonably rather than lose a lot

[hua_hui]

For exactly the reason you brought up it is best to increase your investment through affiliation links as well. Imagine 100 referrals and an investment in the bankroll. Now that's good coin.

Correct, that would be a great mix. But getting 100 active players is close to impossible for an average referrer. All the regular high rollers eventually realise that they are better off creating new account under their own referral link (unless site has some sort of self-referral prevention implemented).

Yah, even if you have 100 referrals, which is already very hard to achieve, most of them wont be generating much in commission too. If they are high roller, they will either benefit themselves by self referal or they will work together with someone to split the commission. I have tried to get some referrals but the commission that i earned is insignificant.

[serjent05]

Investing in Gambling site is better than investing in HYIP doubler and other stuff that are labeled scam.  It is much better than gambling in the site for better profit.   I can only see that you will lost  your investment here if the site goes down.  Even if the house lost in a day, their capability to recover the loses is bigger than a gambler losing to the house.

[teilwalL05]

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

[mirakal]

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

In overall, that would be our goal to become rich that is why we are doing trading. In trading money is easy because anytime you can trade and with your full knowledge and skills it will help your achieve your goal to make consistent money in doing day trading.

[Jimbola3]

I think there's less risks to lose your money by invest it on gambling sites because they have positive house & it could make player lose over time.
The real risks are when a lucky gambler won jackpot, people hack their wallet and game mechanism or the casino run away with investors (and also players) money.

yeah i have seen all the gambling sites making only positive profits but only good one like prime dice, bitvest and all so i don't think that you will lose your money investing such gambling casinos, all day they go on profit so you will !

[8Habits]

I think there's less risks to lose your money by invest it on gambling sites because they have positive house & it could make player lose over time.
The real risks are when a lucky gambler won jackpot, people hack their wallet and game mechanism or the casino run away with investors (and also players) money.

yeah i have seen all the gambling sites making only positive profits but only good one like prime dice, bitvest and all so i don't think that you will lose your money investing such gambling casinos, all day they go on profit so you will !

Does primedice accepts investors to their site? I believe there is also a risk in investing to online casinos. You will never know that there will be some shark players that will win very big profits.

[lorylore]

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

You need knowledge and have your own set of understanding in order to trade. If you belong to those which just follow the crowd, you are in very big trouble as you belong to those fool who try to buy for a higher price and hope that there are even more greater fool to buy from you at an even higher price so that you can profit.

[freedomgo]

Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.

You need knowledge and have your own set of understanding in order to trade. If you belong to those which just follow the crowd, you are in very big trouble as you belong to those fool who try to buy for a higher price and hope that there are even more greater fool to buy from you at an even higher price so that you can profit.

In trading you just need to use the basic principle of buy low and sell high and you are good to go. Buy doing that you need to have a greater patience in order to make profit and could sell at the right timing.

[razdva]

Investing on gambling sites I think is not appropriate because it very difficult to make a profit. I will actually DON'T invest in gambling

[neochiny]

Betking.io has a 1 btc minimum investment.

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

what does happen if you invest in a gambling site?

Your funds become part of house bankroll, you get your share of profits/losses. Since every site has mathematical advantage over players (House Edge), you should make a profit in the long run.

Wouldn't you need to buy a share of the company to receive any profit from them?

first of all, the casinos are not exactly a company to buy "shares" and make profit from them. besides what do you think you are doing when you invest bitcoin in the bankroll? you become a share-holder because you are now a part of the investors in the casino and share in the profit based on the percentage of the bankroll you are providing.

It actually can be pretty different than being a classic shareholder. Some sites like betking or safedice earn their profits by taking small commission on each bet (and imo it's pretty good model). So the site makes constant profits as long as there's any activity, while investors can be at loss.

But likely both operators have also some funds invested in their own sites, so they get 2 streams of profits.

Yup, so investing in gambling sites is one of the best options for growing your btc. And the only way you can lose is if the site takes a hit from whales,high-rollers, but that doesn't happen often and even if it does, it will still recover because of the house edge so you just have to hang on. Also this is for a long investment, you'll earn in the long run, don't expect to make money quick. And hope the site doesn't go bankrupt, so make sure you choose a site that's stable and trusted, it's actually the big question here, finding and choosing the right/safe site for you to invest on.

[electronicash]

how much percentage is the chance that the house will lose thru high-rollers?
This situation would be a disaster for an investor who are already planing to withdraw expected amount and yet surprise to have none due to high-rollers wining the bets.

[game-protect]

The first and most important thing is that you only invest into companies where you provably know who the operator is. This does not guarantee that they will not run away with your investment, but at least you know to who you have to look after. Do not make the mistake and send your coins to hide the identity companies like many players do for gambling purposes.

The house having an edge does guarantee nothing! The competition is high, the operator has to spend a lot of money for advertising, promotions, business expenses, etc.. More and more online gaming companies are nowadays "ponzi schemes", especially in a decreasing market.

The times where you could simply open a legitimate cryptocoin casino and the ruble rolled are long gone. But the ponzi schemes are still working, because gross = net!  

[upsidedown75]

Investing on gambling sites I think is not appropriate because it very difficult to make a profit. I will actually DON'T invest in gambling

I really want to ask a serious question, how do you even invest in gambling sites though? I mean, I really have no idea. I know about investing in stocks or even in cloud mining. Investing in gambling site is about the same as any of these two? Because all the investments are risk associated. I guess, no exception for that even with gambling sites.

[krishna1]

Yes bro You Can Invest in Casino Bankrolls because I never seen a Single Casino Which Fails and Don't earn Decent profits but I also Suggest you that Don't Put your all Money in One Casino Bankroll.
Only invest in Different Bitcoin Casinos and Don't Invest More than you can't Afford to lose.....

[trafficolaa]

Yes bro You Can Invest in Casino Bankrolls because I never seen a Single Casino Which Fails and Don't earn Decent profits but I also Suggest you that Don't Put your all Money in One Casino Bankroll.
Only invest in Different Bitcoin Casinos and Don't Invest More than you can't Afford to lose.....

This the key to make profit through investment in gambling site, but generally people ignore the risks factor when they make invest, Kelly selection is very important and how much risk we can afford to take with our money, in long term the house always win and nobody has bout about this.

[aranachristianjay]

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?

Investing in Gambling sites and online casinos makes a lot of profit,

But If you do invest into a fake one,
then all your money or btc will loss, that is the only possibility I see that makes investing in a gambling site a little bit dangerous in losing money.

But If you do know some site which is a legit one, try to invest into it, but don't expect a lot of earnings at first since all profits are based on interest.