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Author Topic: Investing in btc casinos  (Read 40376 times)
subSTRATA
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August 17, 2017, 04:51:56 AM
 #801

Investing in Bitcoin casinos is not bad . But I don't prefer to do such a thing. I have rarely seen people who make huge profits by investing in such things. Like if you see the ratio of people who have won and who have lost then you would see most of the people have faced losses compared to profit. It's an addiction , which would lead you to lose all your money. Even i used to bet a lot and I used to win , then I became more greedy which lead to me loosing all my money . Then I decided to quit every such thing and just earn the Normal way in which there is no risk and buying things directly from that money.
its not meant to make you a huge profit, but its moreso a way to expect a profit in the long run above all else. investing in a casino, which profits off of players playing in a -EV environment, can expect a positive EV for themselves and the investors. a year or so ago i put about 0.2 into a casino and ended up profiting around 0.025 in a month's period, all for doing nothing. could i have made much more by simply playing even 1 game? sure, but i would have run the risk of loss.

if you get 0.025 from a 0.2 investment in a month I would call it a fantastic investment!
show me a place where you can get 12.5% monthly and I will be happy to invest
usually it is not THAT profitable,but so much depends on variance and luck of the players
in the long run you are guaranteed to profit,so it can serve as a source of income
and keep you from selling bitcoins too early,HODL by investing  Grin

it was on bitvest right when it opened, and i went back and looked just now, it was over a period of about 2 months rather than 1, but still, that much over a 2 month period beats any investment you can get on wall street (as far as percentage profit vs time goes). it was very soon after the site opened though, so the initial rush of people mightve had a lot to do with it. i started a new investment there the other day, so ill be finding out soon how big an impact that surge of users had. but yes, id definitely agree theres way too much variance for a reliable rate of income to be determined off an investment on a gambling site, all you can really determine is that you're expected to profit in the long run.

theres nothing here. message me if you want to put something here.
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August 17, 2017, 05:16:30 AM
 #802

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

♦  Just-Dice.com  ♦   ♦  1% House Edge Dice Game  ♦   ♦  Play or Invest  ♦

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August 17, 2017, 06:23:55 AM
 #803

It would depend on where you will invest it and when. Also, consider this as also gambling. You're just gambling on the other side of the coin. It would still depend on your luck, but you have a better chance of earning versus gambler members of the site. Because in the long-run, the house will always win over the players.  Cool
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August 17, 2017, 07:17:16 AM
 #804

It would depend on where you will invest it and when. Also, consider this as also gambling. You're just gambling on the other side of the coin. It would still depend on your luck, but you have a better chance of earning versus gambler members of the site. Because in the long-run, the house will always win over the players.  Cool

You will have the house edge advantage when you are investing with the house/casinos. Just bear in mind though that there are some instances where your bankroll will be on the negative because someone, a shark they called them, are lucky and winning a ton.
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August 17, 2017, 09:27:49 AM
 #805

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 17, 2017, 10:17:32 AM
 #806

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.

Don't know what they are doing. I've deposited an amount in bitcoins and it's showing in their site but my stakes of "token would be decided when the ICO period ends which will be in the ratio of total deposit" or so they say.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 17, 2017, 10:23:38 AM
 #807

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.

Don't know what they are doing. I've deposited an amount in bitcoins and it's showing in their site but my stakes of "token would be decided when the ICO period ends which will be in the ratio of total deposit" or so they say.

Can you post the screenshot of that quote so that I can decide if I'm going to join or not their ICO because I'm having some doubts now. There are a lot of factors that's stopping me to do so. Although I know before this casino is one of the reputable and trusted site but because of these changes I really don't know what's happening to them.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 17, 2017, 01:53:05 PM
 #808

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.


Inverse in bitcoin is better. Inverse in bitcoin casino is best.So just blindly inverse in bitcoin casino. It's a treasure I think.If you inverse in bitcoin So .It will gives you twice or thrice the amount. But inverse in bitcoin casino means,if you have a luck little means.You will get ten times of your invested money.

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August 17, 2017, 02:22:09 PM
 #809

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.

Don't know what they are doing. I've deposited an amount in bitcoins and it's showing in their site but my stakes of "token would be decided when the ICO period ends which will be in the ratio of total deposit" or so they say.

Can you post the screenshot of that quote so that I can decide if I'm going to join or not their ICO because I'm having some doubts now. There are a lot of factors that's stopping me to do so. Although I know before this casino is one of the reputable and trusted site but because of these changes I really don't know what's happening to them.

What is your concern?

It's still same owner as last time so trust is there.
That red trust on my profile is false and from a bitter and jealous person from an issue we had, where he was wrong, back in 2014.

It clearly states on https://ico.betking.io that your tokens will be credited after the ICO.
How can you expect them to be credited now? The price can't be determined until we see the final amount raised.

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August 17, 2017, 04:35:14 PM
 #810

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red.

Don't know what they are doing. I've deposited an amount in bitcoins and it's showing in their site but my stakes of "token would be decided when the ICO period ends which will be in the ratio of total deposit" or so they say.

Can you post the screenshot of that quote so that I can decide if I'm going to join or not their ICO because I'm having some doubts now. There are a lot of factors that's stopping me to do so. Although I know before this casino is one of the reputable and trusted site but because of these changes I really don't know what's happening to them.

What is your concern?

It's still same owner as last time so trust is there.
That red trust on my profile is false and from a bitter and jealous person from an issue we had, where he was wrong, back in 2014.

It clearly states on https://ico.betking.io that your tokens will be credited after the ICO.
How can you expect them to be credited now? The price can't be determined until we see the final amount raised.


Just a common thing which price cant really be determined if the ICO isnt still finished. I do believe that Betking is reputable since wayback before and i didnt see anything to be a problem to them. Dont be affected on those bitter persons and that negative trust doesnt really affect at all since i do know how reputable this site is together with its owner. Grin

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August 17, 2017, 05:36:34 PM
 #811

Investing in Bitcoin casinos is not bad . But I don't prefer to do such a thing. I have rarely seen people who make huge profits by investing in such things. Like if you see the ratio of people who have won and who have lost then you would see most of the people have faced losses compared to profit. It's an addiction , which would lead you to lose all your money. Even i used to bet a lot and I used to win , then I became more greedy which lead to me loosing all my money . Then I decided to quit every such thing and just earn the Normal way in which there is no risk and buying things directly from that money.
its not meant to make you a huge profit, but its moreso a way to expect a profit in the long run above all else. investing in a casino, which profits off of players playing in a -EV environment, can expect a positive EV for themselves and the investors. a year or so ago i put about 0.2 into a casino and ended up profiting around 0.025 in a month's period, all for doing nothing. could i have made much more by simply playing even 1 game? sure, but i would have run the risk of loss.

if you get 0.025 from a 0.2 investment in a month I would call it a fantastic investment!
show me a place where you can get 12.5% monthly and I will be happy to invest
usually it is not THAT profitable,but so much depends on variance and luck of the players
in the long run you are guaranteed to profit,so it can serve as a source of income
and keep you from selling bitcoins too early,HODL by investing  Grin

it was on bitvest right when it opened, and i went back and looked just now, it was over a period of about 2 months rather than 1, but still, that much over a 2 month period beats any investment you can get on wall street (as far as percentage profit vs time goes). it was very soon after the site opened though, so the initial rush of people mightve had a lot to do with it. i started a new investment there the other day, so ill be finding out soon how big an impact that surge of users had. but yes, id definitely agree theres way too much variance for a reliable rate of income to be determined off an investment on a gambling site, all you can really determine is that you're expected to profit in the long run.

I see,bitvest is a good place to invest your money at
they had a truly epic period for investors,when one of the whales was losing on a daily basis,huge amounts of money
he had recovered some since,hence showing that investment is a longterm game,you cannot rely on short term periods of profit(or losses)
the longer your money is invested,the more chances the math kicks in and you profit
I suggest investing at least for one year and never touch the money invested

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August 17, 2017, 06:14:16 PM
 #812

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!
I think yolodice is quite good for investment because they also have leverage feature so that you can get maximum out of your bitcoin. Also ICO bitdice is running right now looks quite good to invest. They have already raised more than $5 million within first week of ICO.  Shocked
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August 17, 2017, 06:15:19 PM
 #813

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.
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August 17, 2017, 06:20:56 PM
 #814

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.
lol why don't you ask the same question to all the rich kids in the world ? They waste tons of money on things they don't need.Speaking facts,if all the billionaires contributed .2% of their fortune for charity,we would eradicate global poverty by 50!
But why would they ? It's not their problem ? Its their hard earned money ? Same goes here,it's his money,you can't stop them from doing what they do with it as he didn't ask for poverty lol
Also,who said gambling always mean loses ? That's illogical. 
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August 17, 2017, 06:44:44 PM
 #815

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.
lol why don't you ask the same question to all the rich kids in the world ? They waste tons of money on things they don't need.Speaking facts,if all the billionaires contributed .2% of their fortune for charity,we would eradicate global poverty by 50!
But why would they ? It's not their problem ? Its their hard earned money ? Same goes here,it's his money,you can't stop them from doing what they do with it as he didn't ask for poverty lol
Also,who said gambling always mean loses ? That's illogical. 

In the long run, gambling is negative EV, which means the longer you gamble you will likely lose money along the way. That is gambling, it is not the role
of gamblers to profit here. It is the casino's business to profit. Don't know why you guys have to bring in the poor, but I believe most poor people is by
choice. They can always work for food and whatever they need, but most of them are lazy. Complete limbs but they would prefer to beg for alms.
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August 17, 2017, 09:11:26 PM
 #816

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.
lol why don't you ask the same question to all the rich kids in the world ? They waste tons of money on things they don't need.Speaking facts,if all the billionaires contributed .2% of their fortune for charity,we would eradicate global poverty by 50!
But why would they ? It's not their problem ? Its their hard earned money ? Same goes here,it's his money,you can't stop them from doing what they do with it as he didn't ask for poverty lol
Also,who said gambling always mean loses ? That's illogical. 

In the long run, gambling is negative EV, which means the longer you gamble you will likely lose money along the way. That is gambling, it is not the role
of gamblers to profit here. It is the casino's business to profit. Don't know why you guys have to bring in the poor, but I believe most poor people is by
choice. They can always work for food and whatever they need, but most of them are lazy. Complete limbs but they would prefer to beg for alms.

That's true in western countries, but not in 3rd world countries.
For example all of the poor I'v seen taking a stroll through London are smokers, however, I haven't seen a single person in London (aside from tourists and foreigners) who's a smoker!
How the hell do you afford a pack of cigarettes while you can't afford food??
For fucks sake.

In 3rd world countries, it's a completely different story, people are unable to get jobs at all because of the miserable economy and sometimes it's not by choice, they're just not capable enough to stick out in such a society where there are jobs only for some.

Looking for a signature campaign.
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August 17, 2017, 09:53:22 PM
 #817



In the long run, gambling is negative EV, which means the longer you gamble you will likely lose money along the way. That is gambling, it is not the role
of gamblers to profit here. It is the casino's business to profit. Don't know why you guys have to bring in the poor, but I believe most poor people is by
choice. They can always work for food and whatever they need, but most of them are lazy. Complete limbs but they would prefer to beg for alms.
[/quote]

Why would i lose i didn't ever lose in these situation as well because it is depended on people that what type of people are suppose if you are losing then you should not blame other so be serious.
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August 18, 2017, 01:47:37 AM
 #818

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.

It looks you wrongly understood above post because OP is talking about bankroll investments not gambling on those sites. He has just shared his experience as bankroll investor of those sites. Everyone knows that gambling is very risky and can lose money in it but they just want to try their luck with a small amount and get some fun at the same time. Gambling is good only if you play for fun but if you want to make money from it then you will not enjoy games and mostly never win money in the long run.
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August 20, 2017, 05:46:48 PM
 #819

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.

It looks you wrongly understood above post because OP is talking about bankroll investments not gambling on those sites. He has just shared his experience as bankroll investor of those sites. Everyone knows that gambling is very risky and can lose money in it but they just want to try their luck with a small amount and get some fun at the same time. Gambling is good only if you play for fun but if you want to make money from it then you will not enjoy games and mostly never win money in the long run.

this thread is about investing in casinos bankroll which is profitable in most cases
not about gambling,gambling is based on luck and chance,you are expected to be losing in the long run
minimum 1% house edge,add to that suboptimal bank handling and poor strategies and you wil lsee that most of the gamblers are losing money
consistently,thus making investments more and more viable way of storing your coins

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August 21, 2017, 10:54:36 AM
 #820

I have done very well investing in BTC casinos.  Just-Dice is my favorite, although you do have to convert to clams.  Yolodice has been legit and lets you do 10x leverage.  I recommend SafeDice for people holding XMR.  Checking out BitDice as they are having an ICO soon.  Thanks!

In above sites you mentioned bitdice is good invest for dice or casino games. Being out of gambling playform. I can say any type of gambling option would waste your money. If you enough fund you can at least donate to the poors. For entertainment you prefer betting to see profit some time.

It looks you wrongly understood above post because OP is talking about bankroll investments not gambling on those sites. He has just shared his experience as bankroll investor of those sites. Everyone knows that gambling is very risky and can lose money in it but they just want to try their luck with a small amount and get some fun at the same time. Gambling is good only if you play for fun but if you want to make money from it then you will not enjoy games and mostly never win money in the long run.

this thread is about investing in casinos bankroll which is profitable in most cases
not about gambling,gambling is based on luck and chance,you are expected to be losing in the long run
minimum 1% house edge,add to that suboptimal bank handling and poor strategies and you wil lsee that most of the gamblers are losing money
consistently,thus making investments more and more viable way of storing your coins

Somehow this is true about the strategy and gambling, most of strategy or may be I can say all of this strategy are depends on your luck so when you used it. But still you can use it sometime to get some profit while you are investing too so you will get both profit and this will become your solid income
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