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Author Topic: Investing in btc casinos  (Read 40191 times)
8Habits
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January 14, 2018, 02:37:14 PM
 #1201

I think, you might be needing a lot of funds when investing on gambling site because they have minimum funds to be accepted and its kind a risky move because its all or nothing and win or lose situation. However , gambling is not an investment but a game where money counts and not just a number.
The minimum amount required to invest in gambling site's bankroll is 0.01 BTC(some require even less) and it's not that risky, over long-run you will make profit. the more you'll invest the bigger returns you're going to get.

It is still risky but yes I agree that the more you invest regularly, you will have more chances of mitigating the risk and potential earning than just investing one time and forget.

The problem with investing just one time is that, there might be some lucky shark that will win big and you lose on that however, if you keep investing, you will get even and even earning more in the next run.
Well, as mate said that More you will investing in such areas then you are level of taking risk will also be increasing. So if you have strong level of taking risk then you will be able to do more investing in more complicated areas and you will also get more profit in this way. Otherwise without taking risk investment is not possible.

That is true. Taking risk is essential part of our lives whether it would be in our investment or in our daily life activities - for example, driving a car is a risk but driving it skillfully and safely, you mitigate that risk. This is just like in investing to btc casinos, we should take risk but we need to do our due diligence to find the most credible site to invest in.
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January 15, 2018, 05:11:26 AM
 #1202

I think, you might be needing a lot of funds when investing on gambling site because they have minimum funds to be accepted and its kind a risky move because its all or nothing and win or lose situation. However , gambling is not an investment but a game where money counts and not just a number.
The minimum amount required to invest in gambling site's bankroll is 0.01 BTC(some require even less) and it's not that risky, over long-run you will make profit. the more you'll invest the bigger returns you're going to get.

It is still risky but yes I agree that the more you invest regularly, you will have more chances of mitigating the risk and potential earning than just investing one time and forget.

The problem with investing just one time is that, there might be some lucky shark that will win big and you lose on that however, if you keep investing, you will get even and even earning more in the next run.
Well, as mate said that More you will investing in such areas then you are level of taking risk will also be increasing. So if you have strong level of taking risk then you will be able to do more investing in more complicated areas and you will also get more profit in this way. Otherwise without taking risk investment is not possible.

That is true. Taking risk is essential part of our lives whether it would be in our investment or in our daily life activities - for example, driving a car is a risk but driving it skillfully and safely, you mitigate that risk. This is just like in investing to btc casinos, we should take risk but we need to do our due diligence to find the most credible site to invest in.
Very well saying by mate, that life is a risk also but we need to reduce or mitigate that risk by our skills like if you are crossing the road and you don't know how to cross the road then you can face an accident most probably while if you have skill how to cross road then you can reduce probability of facing accident. Just like that investment in BTC casino is a risk but you should mitigate that risk by your skills.
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January 15, 2018, 10:15:53 AM
 #1203

Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?
I think, you might be needing a lot of funds when investing on gambling site because they have minimum funds to be accepted and its kind a risky move because its all or nothing and win or lose situation. However , gambling is not an investment but a game where money counts and not just a number.

I'm bit confused by your above post because you said gambling investments are nothing but win or lose. But that is wrong because you're not gambling directly when you invest your money in these bankrolls. Your profit or losses will go very slow so after few weeks if you don't like then you can withdraw your funds for some losses and you will not lose all your funds unless if casino site closed down all of a sudden.



So if I'm understanding correctly I can invest 0.01 bankroll in a casino I do not need to bet and let this coins grow. They'll yet remain 0.01 + plus all the profits I get. Isn't this concept similar to a way of me loaning my money to the casino who's paying me interest over a period of time. I really don't understand what's different and why can't we just say there're taking a loan from us. If I'm wrong kindly someone correct me.

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January 15, 2018, 10:38:23 AM
 #1204

Isn't this concept similar to a way of me loaning my money to the casino who's paying me interest over a period of time. I really don't understand what's different and why can't we just say there're taking a loan from us. If I'm wrong kindly someone correct me.

Interest is simply calculated as a percentage of the amount invested. Making an investment whether in a casino or any other type of business is to take a share of the risk and reward of that business's profits or losses. I think it is a fairly obvious distinction that interest on a loan will not be negative but a businesses profits might be. Becoming an investor in something is not loaning money.

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January 15, 2018, 01:14:12 PM
 #1205

Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?
I think, you might be needing a lot of funds when investing on gambling site because they have minimum funds to be accepted and its kind a risky move because its all or nothing and win or lose situation. However , gambling is not an investment but a game where money counts and not just a number.

I'm bit confused by your above post because you said gambling investments are nothing but win or lose. But that is wrong because you're not gambling directly when you invest your money in these bankrolls. Your profit or losses will go very slow so after few weeks if you don't like then you can withdraw your funds for some losses and you will not lose all your funds unless if casino site closed down all of a sudden.



So if I'm understanding correctly I can invest 0.01 bankroll in a casino I do not need to bet and let this coins grow. They'll yet remain 0.01 + plus all the profits I get. Isn't this concept similar to a way of me loaning my money to the casino who's paying me interest over a period of time. I really don't understand what's different and why can't we just say there're taking a loan from us. If I'm wrong kindly someone correct me.

NO, you're wrong. It won't work that way because in this investment there are chances that you can lose your investment as well if anyone wins big amount or no one lose money on this site. In lending business, if everyone pays you back then you always make a profit but on this investment either you make a profit or you may lose your money as well.


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January 15, 2018, 05:51:20 PM
 #1206

I do not recommend this investment. Huh
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January 15, 2018, 11:02:31 PM
 #1207

Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.

My original account "robhimself" was hijacked!
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January 16, 2018, 01:42:55 AM
 #1208

I do not recommend this investment. Huh

You should provide your explanation why you don't recommend this investment instead just posting one line comment. Thigs which is not suitable for you may be suitable for others so you should mention your points to justify your recommendations.

Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.

It is chicken and egg concept but in these investments security to your funds are more important that's why you should give choose to invest in those already established sites even though you get a smaller profits instead of risking all your funds in new sites.
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January 16, 2018, 10:37:56 PM
 #1209

FairFUN.org ✅ 3 Games ✅ 10 currencies | Play (soon) | Invest | Promote

FairFun will soon be open for bankroll investors.

https://bitcointalk.org/index.php?topic=2076621.msg28286838#msg28286838


https://FairFUN.org Play or invest in the bankroll. 10+ currencies. 3 Games = Bust, Wheel & Dice [/url]
PLAY, INVEST or PROMOTE NOW |  FairFUN
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January 19, 2018, 02:11:12 PM
 #1210

Investing in a site can be great and offer decent returns, but remember to factor in the risk of the owners just taking your money and running. On a more established site, it's less of a concern, but those sites typically have massive investor pools and thus lower rates of return.
That is one of the main reason that investors should only invest huge amount of funds on reputable casino site to reduce the chances of an admin shutting down their casino site suddenly and running off with every investors money, I would always prefer to invest on casino site that have a good reputation on the bitcoin gambling community.
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January 21, 2018, 03:09:42 AM
 #1211

FairFUN.org ✅ 3 Games ✅ 10 currencies | Play (soon) | Invest | Promote

FairFun will soon be open for bankroll investors.

https://bitcointalk.org/index.php?topic=2076621.msg28286838#msg28286838



The concept and everything looks good, but those are hefty %s you guys are taking out compared to what other sites keep for themselves when they have investors covering the bankroll.

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January 21, 2018, 05:11:00 AM
 #1212

I see investing in a gambling site is quite more risky at all time. So if you prefer to invest, watch out and be open minded for any loss. Because, I think all investment we done are all have risk with them, its up to you to what site you prefer but still consider to have a more knowledge about it and you have done research to this.

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January 21, 2018, 10:53:16 AM
 #1213

I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all

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January 21, 2018, 11:06:21 AM
 #1214

I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all

IF you think about it. Yes it is pretty ironic. Since he is on a gambling sub-thread and he considers investing in Bitcoin casinos risky but not gambling with regular dice.

I think we all learnt alot of what happened last week with BitConnect. Basically the entire setup was a big gamble.

I Am pretty sure everybody knew it was a Ponzi scheme and after Madoff, people for some reason seem attracted to these Ponzi scheme. Probably because they think they will get super rich and get out in time.

Basically everybody that invested in BitConnect assumed it would last another year and then they would get out.

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January 21, 2018, 09:38:39 PM
 #1215

I do not recommend this investment. Huh

What are you suggesting anyway? If not invest on some casino, which on do you prefer then? As far as I know, this is the best investment ever that you can invest on to get pretty good profit, although it has huge risk but in the end you will still profit, just matter of your kelly and your based

If you are not recommending any investment, I would say gambling investment is the best investment ever, high risk high gain, thats all

IF you think about it. Yes it is pretty ironic. Since he is on a gambling sub-thread and he considers investing in Bitcoin casinos risky but not gambling with regular dice.

I think we all learnt alot of what happened last week with BitConnect. Basically the entire setup was a big gamble.

I Am pretty sure everybody knew it was a Ponzi scheme and after Madoff, people for some reason seem attracted to these Ponzi scheme. Probably because they think they will get super rich and get out in time.

Basically everybody that invested in BitConnect assumed it would last another year and then they would get out.

Unless you have insider information or do an insane amount of research, pretty much every investment is a form of gambling. People just tell themselves that they aren't gambling, but deep down they know the truth.

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January 22, 2018, 08:04:36 AM
 #1216

I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.

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January 22, 2018, 07:51:52 PM
 #1217

I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.

I both agree and disagree with you here.

As I said it elsewhere, even trading can be considered as gambling since you are most likely to lose your capital in the end. This is the part in which I agree with you. Of course, if you agree with me that trading is gambling too. On the other hand, though, gambling can be considered as an activity which involves only luck. For example, dice would be an obvious example of just that. And while investing in casinos involves a lot of luck on its own, there is also room for skill as well. And from this angle of view, it can't be considered as gambling, or only gambling.
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January 22, 2018, 08:19:46 PM
 #1218

I don't agree that every investment is a gambling because gambling give us entertainment but investments are made to earn money over the time. Yes, all investments will come with some risks of losing money but it is not same as gambling. In gambling either you lose instantly your bet and double your money but in investments, you don't lose instantly all your funds and you still get a chance to book your losses if your investment is not doing good.

Gambling is typically defined as something along the lines of risking money or material goods for an uncertain chance at winning further money or material goods. Investments in cryptos or stocks certainly fall under this definition. Even a positive expectation bet can be gambling.
If you are jumping into investments either on crypto or on stocks without any knowledge then it can really be considered pure gambling but if you do somehow knowledgeable on the things you are doing then its not entirely be called as a gamble since you do have your own basis or know the way on lessening the risk.Everything has its own risk when talking about investment and as an individual who do seek out for more profits then we would really face those risk to achieve those goals.

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January 23, 2018, 04:08:47 AM
 #1219

Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
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WOLF.BET - Provably Fair Dice Game


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January 23, 2018, 04:30:19 AM
 #1220

Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
There is no such thing as risk free if we are talking of investing, but if you believe that casinos wins all the time then your money will be safe
and you shall be profitable as they always win in the long run while gamblers are not enjoying the opposite.
The only difference is that your money does not grow instantly unlike when you are gambling, your money will grow over time.


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