Investing in btc casinos

[iluvbitcoins]

I do not think that in current market situation the gambling investment will be a good idea, you can put that money and trading that will give much more solid Returns. I have also invested in a site called bitconnect you can try that too it pays 1% daily and it pays up to 10 months after that you will get your invested amount back. No offence but I see gambling as a game of fun where we put some money just for fun not for earning.

1% a day seems like hyip (gambling) to me.

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Don't use the wallets default set fee, that fee is usually like 300-400 Sats/byte and its a waste of money.

I agree with you that the wallet default fees are unnecessary high. However, you could also
argue that every mBTC that you pay in transaction fees is contributing to the security
of the network by incentivizing the miners.

I of course concede that people are not paying unnecessary high transaction fees for this reason and
probably are just impatient (to wait for a longer time for their transaction to confirm), are using
wallets with bad standard settings or simply have no idea how transaction fees work with Bitcoin.

This is not true. Have you taken a look at the daily miners revenue? Its a record highs right now. Basically 144 blocks a day at least with 12.5 BTC as block reward equals over $14,400,000 daily.

So whether people use high or low fees shouldn't matter. The high fees is actually hurting the coin in more ways because people simply make less transactions and combine their transactions rather that making transactions everyday.

I know the Bitcoin Cash dilema starts alot of bad publicity for some people but we really need a fast and cheap blockchain. It will either be LTC, ETH or BCASH.

Those would be short-term solutions, I don't think LTC,ETH or BCASH can scale that good.
What about PoS?
I'm not that well informed but DASH seems like something that could work.

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This is not true. Have you taken a look at the daily miners revenue? Its a record highs right now. Basically 144 blocks a day at least with 12.5 BTC as block reward equals over $14,400,000 daily.

So whether people use high or low fees shouldn't matter. The high fees is actually hurting the coin in more ways because people simply make less transactions and combine their transactions rather that making transactions everyday.

I know the Bitcoin Cash dilema starts alot of bad publicity for some people but we really need a fast and cheap blockchain. It will either be LTC, ETH or BCASH.

You have to take into account the time in the future when the block reward will be negligible and we will need a competitive fee market.
Also people are clearly willing to pay high fees in order to make BTC transactions. The mempool is basically a self-regulating queuing system.

I highly doubt that any of the altcoins you mention will gain any real traction whatsoever. Litecoin has been around for 6 years and is mainly
used as a testnet/playground for new technological improvements.

They will pay, but it's an economy thing
If you set 50% taxes and people sell shit, you're not going to say people want to pay taxes
They don't
Things happen, just 50% less things.
Same with transaction fees as costs of purchasing cheap products grows because of high fees people avoid purchasing them.

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[Pattart]

I do not think that in current market situation the gambling investment will be a good idea, you can put that money and trading that will give much more solid Returns. I have also invested in a site called bitconnect you can try that too it pays 1% daily and it pays up to 10 months after that you will get your invested amount back. No offence but I see gambling as a game of fun where we put some money just for fun not for earning.

but you know that not everyone understands and knows the strategy to make a profit from trading right ?
and beside that everyone's passion is different and maybe some users prefer to invest in gambling that more fun than to do trading that is a complicated and need a mature calculation, and after all invest on gambling sites is also quite profitable

[thinkdifferent]

Well I think investing in bitcoin casino's are as good as investing in trading sites.

You mean trading?

Casino investments are more risky than trading because if anyone wins big amount then you may lose a lot of money in casino investments.

[Don Pedro Dinero]

I do not think that in current market situation the gambling investment will be a good idea, you can put that money and trading that will give much more solid Returns. I have also invested in a site called bitconnect you can try that too it pays 1% daily and it pays up to 10 months after that you will get your invested amount back. No offence but I see gambling as a game of fun where we put some money just for fun not for earning.

but you know that not everyone understands and knows the strategy to make a profit from trading right ?
and beside that everyone's passion is different and maybe some users prefer to invest in gambling that more fun than to do trading that is a complicated and need a mature calculation, and after all invest on gambling sites is also quite profitable

And the main difference is that in trading you have to be active studying the market, buying and selling whereas when you invest in a btc casino you just put the money there and wait. In other words, it is a passive (btc casinos) vs. an active (trading) investment.

I see much easier and more profitable in the long-term to invest in bitcoin casinos, as long as you choose well where you invest.

[Caladonian]

Well I think investing in bitcoin casino's are as good as investing in trading sites.

much better to study it first especially those house's that you will going to place your money, not all is the same
trading is much faster in terms of roi if you knew which project are going to support.

[dalat]

Millions of people bet billions of Dollars every year. And when they bet on sports in the underground market, they have to trust crooked bookies and anonymous, illegal centralized websites that could easily take off with their money, or get shut down by government regulators leaving bettors without payouts and without any chance of recovery on their losses

[eternalgloom]

Well I think investing in bitcoin casino's are as good as investing in trading sites.

You mean trading?

Casino investments are more risky than trading because if anyone wins big amount then you may lose a lot of money in casino investments.

I'm not sure if that's completely true though, I think that it hugely depends of the trader and casino in question.

If you're bad at trading, it's much riskier than just investing in a casino bankroll. Some casino's, like Crypto-Games, have made precautions against high rollers winning big amounts.
The maximum wins on each bet are relative to the casino's bankroll. Investors may make a small loss for a couple of days, but in the end they will still make a profit.

With trading it's so easy to make compounded losses because you're doing multiple risky actions each day, increasing the chances of losing.
A good trader may end up in profit over the long term, but someone else may not.

With a good casino investment, profit is guaranteed over the long term.

[liivii]

Well I think investing in bitcoin casino's are as good as investing in trading sites.

much better to study it first especially those house's that you will going to place your money, not all is the same
trading is much faster in terms of roi if you knew which project are going to support.

Yes you must study first because investing in bitcoin casino is too risky and you need a lot of knowledge before going there. Gambling and trading have different ups and downs but one thing for sure, if you don't take a risk you'll never win and the more risky it is the more income you'll get. So study the one that you think will give you large percentage of winning even if its investing in casinos or trading in market, any of two will give you big income as long as you have big capital.

[Patatas]

Well I think investing in bitcoin casino's are as good as investing in trading sites.

much better to study it first especially those house's that you will going to place your money, not all is the same
trading is much faster in terms of roi if you knew which project are going to support.

Yes you must study first because investing in bitcoin casino is too risky and you need a lot of knowledge before going there. Gambling and trading have different ups and downs but one thing for sure, if you don't take a risk you'll never win and the more risky it is the more income you'll get. So study the one that you think will give you large percentage of winning even if its investing in casinos or trading in market, any of two will give you big income as long as you have big capital.

The only possible risks you can take over gambling are control your money when you don't have any.Think technically,the roll is going to be random,no strategy,no skills just pure luck.What are you taking risks for ? This isn't share market that you choose to go with a certain decision because you studied the history and predicted the outcome.

With a good casino investment, profit is guaranteed over the long term.

Not guaranteed! House always wins,agree but there are instabilities which come from time to time.Period

[MinerHQ]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Not all casinos are scam sites but it is our responsibility to find out good sites to invest. I investments are high risk but got a chance to earn profits more as well so we can take some risk by investing in a good casino bankrolls. Never invest in any new sites because you don't know about their trust so choose only old trusted sites to invest.

[luckyknc]

Why not invest in some of the Bitcoin Casinos as an investor; you would earn a monthly or weekly income and help keep your Casinos in net profit. I'm currently an active partner/Investor in a few Bitcoin Casinos my self and the profits get better every month. There's not much work you would have to do as the businesses have their own owners and employees, once you receive a payment from them you can invest back into the business and compound your earnings or invest your returns in another Casino by starting a partnership with another business. This way you'd be growing an investment portfolio of websites from all over the Internet.

The best part right now is that there are more and more Casino based businesses coming online all the time, there's no shortage so the limits the sky the sky is not the limit.   

[Sanitough]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

You are right,t there are some casinos that are scam but you can find a lot of legitimate casinos as well.
Make sure you are not investing blindly because when you invest money there will always a risk and it's being stupid if we will become victims of scam casinos.

[diegz]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

[chris200x9]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

I don't think any casino bankroll investments will give any ROI because there is no guaranty that whether you make profit or loss from this investment. It may take few days or few months or year to reach your targetted profit in these casino investments. If more and more gamblers lose money then your profit % will go high but if gamblers win then you lose so this also depends on your luck and profit-making chances are high compared to gambling.

[BTCevo]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

First, not all casino are scam, there are still so many casinos which has really good roi. Second, not all people are good with trading and it is not easy way to learn this trading. If you are wrong you will lose it in the rest of your life. I do not say it is easy like flipping your hands but for someone who has better bankroll might not take some risk to trading. They will think it is better to invest on gambling industry rather than play some trading by themselves

[jamie1029]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

I don't think any casino bankroll investments will give any ROI because there is no guaranty that whether you make profit or loss from this investment. It may take few days or few months or year to reach your targetted profit in these casino investments. If more and more gamblers lose money then your profit % will go high but if gamblers win then you lose so this also depends on your luck and profit-making chances are high compared to gambling.

I don't agree with you. If the casino operator has intelligently managed the investment bankroll (i.e. not making max bet too high), there is ZERO chance, over the long term that you're going to lose money, barring other external risks such as the owner being dishonest, or the game not actually being provably fair (e.g. due to a hack). The house edge will always ensure over the long term, investors make money.

[Bitfort]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

I don't think any casino bankroll investments will give any ROI because there is no guaranty that whether you make profit or loss from this investment. It may take few days or few months or year to reach your targetted profit in these casino investments. If more and more gamblers lose money then your profit % will go high but if gamblers win then you lose so this also depends on your luck and profit-making chances are high compared to gambling.

I don't agree with you. If the casino operator has intelligently managed the investment bankroll (i.e. not making max bet too high), there is ZERO chance, over the long term that you're going to lose money, barring other external risks such as the owner being dishonest, or the game not actually being provably fair (e.g. due to a hack). The house edge will always ensure over the long term, investors make money.

Agree, there can be some lucky winners reducing the bankroll in short time frames ( like yolodice at the moment ) but as long as there is sufficient bankroll management (as mentioned in your post) it's not a big issue for long term investors.

[chris200x9]

Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.

Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

I don't think any casino bankroll investments will give any ROI because there is no guaranty that whether you make profit or loss from this investment. It may take few days or few months or year to reach your targetted profit in these casino investments. If more and more gamblers lose money then your profit % will go high but if gamblers win then you lose so this also depends on your luck and profit-making chances are high compared to gambling.

I don't agree with you. If the casino operator has intelligently managed the investment bankroll (i.e. not making max bet too high), there is ZERO chance, over the long term that you're going to lose money, barring other external risks such as the owner being dishonest, or the game not actually being provably fair (e.g. due to a hack). The house edge will always ensure over the long term, investors make money.

Agree, there can be some lucky winners reducing the bankroll in short time frames ( like yolodice at the moment ) but as long as there is sufficient bankroll management (as mentioned in your post) it's not a big issue for long term investors.

Have you checked moneypot site bankroll condition? Many investors lost money by investing in that bankroll. Either you make a good profit from these investments or you will lose all your funds if you don't check your investments on a regular basis. If casino can't show signs of recovering the losses then you should come out after reaching certain % losses.

[hartonosusilo]

Investing on bankroll of casino is only available for who have a big capital and want to earn some profits ( because the profit is low ) . It's not worth for people who having a small capital.

[adaseb]

Investing on bankroll of casino is only available for who have a big capital and want to earn some profits ( because the profit is low ) . It's not worth for people who having a small capital.

This makes no sense what so ever. Because what you get is always going to be a percentage. If you invest a million dollars your profits are obviously going to be in the thousands while if you invest $1 you will barely make a penny but the percentage is exactly the same.

This is exactly the same with the stock market. Many think they can't invest if they are poor but it doesn't make a difference because your gains are always proportional to what you invest. If you invest more, you won't get a higher percentage than somebody who invests less.

In this example I am not counting the stock trading fees or any margin interest fees.