Erza
Legendary
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Activity: 1078
Merit: 1000
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October 07, 2016, 05:41:00 AM |
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if you wanna invest. you must have big money,said 1btc you invest and set kelly 10x.you will got many profit. but if casino drop,your money loss some too.depend ur kelly fo you used. if wanna safe ur money just set kelly 1x hehehe
That is how investment works because we play as house now. And what I do know is there is no point to set your kelly 1x. The minimal must be 2x to get good amount of ROI. Higher will be risky but for sure you will get huge profit if house win
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RkVza
Newbie
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Activity: 56
Merit: 0
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October 07, 2016, 05:41:43 AM |
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Its very risky gambling
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electronicfactura
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October 07, 2016, 06:06:28 AM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run.
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Betwrong
Legendary
Offline
Activity: 3416
Merit: 2217
I stand with Ukraine.
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October 07, 2016, 08:05:26 AM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run. Although having an online casino might be profitable it is not guaranteed that all the investors will get their profit or even that they will have their money back. So it is better to invest in a site if you know the owner personally or if you can see that he/she have a great reputation here on this forum for example.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
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October 07, 2016, 09:44:34 AM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run. Although having an online casino might be profitable it is not guaranteed that all the investors will get their profit or even that they will have their money back. So it is better to invest in a site if you know the owner personally or if you can see that he/she have a great reputation here on this forum for example. Also an option to make it a bit safer would be to invest in a site that will allow you to withdraw your coins instantly. And definitely look for a site that has been around for a while.
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fullypak
Legendary
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Activity: 1456
Merit: 1005
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October 07, 2016, 09:51:36 AM |
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The moneypot team has done a good job of showing they can handle investors money and turn a profit. You may want to consider looking into that
Yeah I also like moneypot. I am not too familiar with other investment opportunities as I am not a very big gambler but I occasionally play for fun. But since last three months, moneypot is not given any profits to investors. I do agree that they manage funds well but don't know what is happing now in the site. Three months is not a very short period but last three months profit is quite flat.
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kudos291
Newbie
Offline
Activity: 1
Merit: 0
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October 07, 2016, 01:09:28 PM |
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Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors. In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50%
Am i right ?
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BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
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October 07, 2016, 02:28:49 PM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run. That is true, but you sure need some time to make a good profit and huge amount to invest because huge bankroll will change the result though. Although house always win but sometime big whale just come and take all your investment away, some people sure scare and take all their investment without think what they might get later. This is why people tend to lose so much on investing
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tee-rex
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October 07, 2016, 02:47:25 PM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run. That is true, but you sure need some time to make a good profit and huge amount to invest because huge bankroll will change the result though. Although house always win but sometime big whale just come and take all your investment away, some people sure scare and take all their investment without think what they might get later. This is why people tend to lose so much on investing And we shouldn't completely write off the possibility that the casino owners themselves might do exactly the same and make it look as though some big whale swam in and swallowed up the bankroll. Is it ever possible to catch devious owners if they can doctor the bets making their investors think that the bets are legitimate?
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South Park
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October 07, 2016, 06:17:39 PM |
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I see only a handful of people here who've actually invested in casinos...not exactly encouraging. Wouldn't mind trying it myself, but I'm extremely skeptical of most of these sites' legitimacy. Too many bait-and-switch schemes going on around here.
Well, it is totally understandable. Dont just talk about in btc, In this real world, most of the people are also not investing. Similarly to investing in real world, there can be scam everywhere (even in real world stock market). So it is up to individual to do your due diligent research on the casino btc to invest in. i agree with this, because before we make investing on any type, we should be thinking about the risk and how much we can get from our investment, is it worth or not for us. and after we thinking for the positive and negative, we can decide want to make investment or not. When we invest there are a lot of things that we should check and without any doubt whether the investment that we make is profitable or not should be a priority.
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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October 07, 2016, 07:01:37 PM |
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Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors. In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50%
Am i right ?
Hi lurker from the chat earlier. But this is no secret. It's in the investor help page. It's been almost a year now that we take 50% of the profit in the long run. There's nothing dodgy going on here and in fact a lot of the investors proposed the increase.
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8Habits
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October 10, 2016, 11:37:12 AM |
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Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors. In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50%
Am i right ?
Hi lurker from the chat earlier. But this is no secret. It's in the investor help page. It's been almost a year now that we take 50% of the profit in the long run. There's nothing dodgy going on here and in fact a lot of the investors proposed the increase. I have also invested to betking like almost 2 months ago. I have some profits now but I am not divesting it yet beacuse it is too low. Regarding the 505, does it mean that all of my profits will be deducted with 50%? I understand that you are the one maintaining the site hosting, security, and all of the technical stuff and I believe 50% is quite fair enough because my money is working for me. But lowering that to like 40% will be much better, I guess
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NetFreak199
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October 10, 2016, 12:02:29 PM |
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Its very risky gambling
Investing in casinos is less risky as compare with gambling on. I think investment is good decision if we had some extra amount and can hold for some times. Than we could get profit by investing in gambling casinos because our will be on side of the house. Everybody know this the house always win in long run. Although having an online casino might be profitable it is not guaranteed that all the investors will get their profit or even that they will have their money back. So it is better to invest in a site if you know the owner personally or if you can see that he/she have a great reputation here on this forum for example. Also an option to make it a bit safer would be to invest in a site that will allow you to withdraw your coins instantly. And definitely look for a site that has been around for a while. It is very difficult now to find that kind of website right now because most of the casinos or gambling site is wise enough! So only few you can find with that kind of site but sort of with that you can have a lot of profit from it.
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BetKing.io
Legendary
Offline
Activity: 1400
Merit: 1021
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October 10, 2016, 12:12:11 PM |
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Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors. In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50%
Am i right ?
Hi lurker from the chat earlier. But this is no secret. It's in the investor help page. It's been almost a year now that we take 50% of the profit in the long run. There's nothing dodgy going on here and in fact a lot of the investors proposed the increase. I have also invested to betking like almost 2 months ago. I have some profits now but I am not divesting it yet beacuse it is too low. Regarding the 505, does it mean that all of my profits will be deducted with 50%? I understand that you are the one maintaining the site hosting, security, and all of the technical stuff and I believe 50% is quite fair enough because my money is working for me. But lowering that to like 40% will be much better, I guess It's 50% in the long run. I've not actually taken 50% since big gamblers normally lose faster than they are expected too so I don't actually get much wagered commission from it. I would need to go and check the figures but I'd guess it's closer to 30% I have actually taken as commission.
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8Habits
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October 10, 2016, 12:18:30 PM |
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Excuse me but Betking.io claims to charge 25% of users profits but actually its not. Its charging 50% and not 25%, cause on every wagered amount, 25% of the house edge(1%) is subtracted and then the remaining is distributed to the investors. In general casinos expect 1% of the wagered amount in profit. Betking takes 25% of this 1% . So investors are expected to make a profit of 0.75% in long term. And when they actually make profit, 25% of this profit is taken as comission again so the actual long term profit is 0.5% -> So this means that investors expected profit is 0.5% of wagered amount. Meaning betking takes 50% and investors another 50%
Am i right ?
Hi lurker from the chat earlier. But this is no secret. It's in the investor help page. It's been almost a year now that we take 50% of the profit in the long run. There's nothing dodgy going on here and in fact a lot of the investors proposed the increase. I have also invested to betking like almost 2 months ago. I have some profits now but I am not divesting it yet beacuse it is too low. Regarding the 505, does it mean that all of my profits will be deducted with 50%? I understand that you are the one maintaining the site hosting, security, and all of the technical stuff and I believe 50% is quite fair enough because my money is working for me. But lowering that to like 40% will be much better, I guess It's 50% in the long run. I've not actually taken 50% since big gamblers normally lose faster than they are expected too so I don't actually get much wagered commission from it. I would need to go and check the figures but I'd guess it's closer to 30% I have actually taken as commission. Wow. I believe this is very reasonable as it is not easy to established own online casino and be credible to the gambling world. I would like to say that it is really a great honor for me to take part and invested to the site although I invested very minimal amount of bitcoins there. I might increase the investment real soon. Thanks for the reply betking, truly appreciated it.
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Daffadile
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October 12, 2016, 04:03:28 PM |
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I see only a handful of people here who've actually invested in casinos...not exactly encouraging. Wouldn't mind trying it myself, but I'm extremely skeptical of most of these sites' legitimacy. Too many bait-and-switch schemes going on around here.
Well, it is totally understandable. Dont just talk about in btc, In this real world, most of the people are also not investing. Similarly to investing in real world, there can be scam everywhere (even in real world stock market). So it is up to individual to do your due diligent research on the casino btc to invest in. i agree with this, because before we make investing on any type, we should be thinking about the risk and how much we can get from our investment, is it worth or not for us. and after we thinking for the positive and negative, we can decide want to make investment or not. That is already given because all types of investments are risky and that is going to be your own decision if you wanted to take a risk and there is no low and high risk in investments. Because anything is possible to happen especially you are going to invest in bitcoin casino's as we all know it is one of the big industry in bitcoin economy. There are no low or high risk investments ? Dude are you being serious ? You have to evaluate and weigh the risks vs rewards then decide if it is worth it. People act like you will loste money on all investments. These people don't even have investments and have no idea what they are talking about. It is very possible to get 10-40% interest a year with little to no risk. You can if you lucky enough to find a good start up company fund them and even double tripple youe money in a few weeks or months. For example a baker bakes bread ant it costs him $1 to make but he sells it for $2.5 that is 150% interest so it is over double and that happens daily. If you were to invest in his company to expand it you will easy get a high return daily.
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DeDordtenaar
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October 13, 2016, 10:18:53 PM |
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The moneypot team has done a good job of showing they can handle investors money and turn a profit. You may want to consider looking into that
Yeah I also like moneypot. I am not too familiar with other investment opportunities as I am not a very big gambler but I occasionally play for fun. I think you shall try to invest on gambling sites. you can look at a variety of thread many people testified that they benefit at least 10% in one week, I thought it was a huge advantage right? why do not you try this investment is not likely to win more than you gamble as a player ?
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,╓▄▄▄▄▄▄▄▄▄╓ ╓▄█████████████████▄╖ ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄, ,▓███▀╜,▄▄███████████▄▄,╙▀████╖ ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄ ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌ ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌ ]███▌┌███▌ ▐███ ███▄ ▐███ ▐███, ▐███ ▐███ .███ ███ ███▌ ███▌ ▐███ ▐███ '███ ███ ███▌ ███▌ ]███@╙███@ ▀██▌ ,▄██▌ ▐███ ▐███` ▓███ ▐███▄ ╙██▀╩ 9███╜ ╔███▀,███▌ ████,╙███▌ ▓███╜,████ ▀███▄ ▀╜ ▀▀ ▄███▌ ╙████▄, ╓▄████╜ ╙█████▄▄╓, ,╓▄▄█████▀ ▀▀█████████████████▀▀ '▀▀▀▀▀▀▀▀▀▀▀'
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RobinHoodster
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October 14, 2016, 03:24:26 AM |
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Investing in bitcoin casinos's can be good but its also risky due to the fact you have to do it on the right time and it also need to be a trusted party and these are hard to find these days..
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arseaboy
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October 14, 2016, 05:50:12 PM |
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I might say that it is better to invest on casinos that's already established and have a good feedbacks from other people. I didn't it is stable but a risky one though.
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DeDordtenaar
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October 14, 2016, 11:40:24 PM |
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I might say that it is better to invest on casinos that's already established and have a good feedbacks from other people. I didn't it is stable but a risky one though.
yeah you'll see good feedback for many people when they invest in a gambling site, it may be true that they benefit, but maybe they were lying, so it's good if you're trying to yourself, try to invest on gambling sites, and you will know results will you get in the investment on casinos site
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,╓▄▄▄▄▄▄▄▄▄╓ ╓▄█████████████████▄╖ ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄, ,▓███▀╜,▄▄███████████▄▄,╙▀████╖ ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄ ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌ ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌ ]███▌┌███▌ ▐███ ███▄ ▐███ ▐███, ▐███ ▐███ .███ ███ ███▌ ███▌ ▐███ ▐███ '███ ███ ███▌ ███▌ ]███@╙███@ ▀██▌ ,▄██▌ ▐███ ▐███` ▓███ ▐███▄ ╙██▀╩ 9███╜ ╔███▀,███▌ ████,╙███▌ ▓███╜,████ ▀███▄ ▀╜ ▀▀ ▄███▌ ╙████▄, ╓▄████╜ ╙█████▄▄╓, ,╓▄▄█████▀ ▀▀█████████████████▀▀ '▀▀▀▀▀▀▀▀▀▀▀'
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