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Author Topic: Investing in btc casinos  (Read 40402 times)
auswalk
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October 14, 2017, 10:43:53 AM
 #981

Investing in a reputable big casino makes sense if:

1. You have at least 1 BTC. Less than that, transaction costs and the fact you may need it means it's not investable. Investment is long term, not short term.
2. Invest what if you did lose you might feel alot of pain but you'd still be solvent. One note: I think the risk of a big dice site running with your coins is extremely minuscule. Seriously, they are risking death doing that.
3. I don't see many big whales anymore. They appear to have gone extinct. So the variance is lower, meaning lower variance.
4. BE CAREFUL NOT TO BE TEMPTED TO DIVEST ON THE SITE SO YOU CAN GAMBLE IT. This is a common pitfall. Some sites allow you to make an account permanently unwagerable. But most for reasons beneficial to them, don't restrict this. If you cannot fight off the occasional urge to use that investment bankroll to gamble, then don't invest.All that will do is give you easier access to flipping coins and losing your principle.
.
This may be the golden age of investing. If BTC is say, $50000 in 5 years, you're doing well right now.Most sites you are gonna get 50-100% annual returns. A Bank CD pays 1% on a shit fiat currency that loses 2-3% a year.
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October 14, 2017, 10:51:25 AM
 #982

Is it still profitable to invest in casino bankrolls?
No, people don't gamble any more.  Roll Eyes
Of course it is profitable, as long as people are losing money it will be profitable.
And more important for me, is there info did they gave BCH on previous hard fork to investors and how will they proceed in next hard fork in the end of the month.
I am sure every site has support with answers.
RGBKey
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October 14, 2017, 07:41:42 PM
 #983

Investing in a reputable big casino makes sense if:

1. You have at least 1 BTC. Less than that, transaction costs and the fact you may need it means it's not investable. Investment is long term, not short term.
2. Invest what if you did lose you might feel alot of pain but you'd still be solvent. One note: I think the risk of a big dice site running with your coins is extremely minuscule. Seriously, they are risking death doing that.
3. I don't see many big whales anymore. They appear to have gone extinct. So the variance is lower, meaning lower variance.
4. BE CAREFUL NOT TO BE TEMPTED TO DIVEST ON THE SITE SO YOU CAN GAMBLE IT. This is a common pitfall. Some sites allow you to make an account permanently unwagerable. But most for reasons beneficial to them, don't restrict this. If you cannot fight off the occasional urge to use that investment bankroll to gamble, then don't invest.All that will do is give you easier access to flipping coins and losing your principle.
.
This may be the golden age of investing. If BTC is say, $50000 in 5 years, you're doing well right now.Most sites you are gonna get 50-100% annual returns. A Bank CD pays 1% on a shit fiat currency that loses 2-3% a year.


You definitely don't need at least 1 BTC. You can make a profit with any amount, and lots of people don't have an entire Bitcoin.

The risk of a dice site pulling an exit scam and running with everyone's coins is higher than you make it seem to be.

I see whales all the time, you must be on the wrong sites.

#4 is the only one I can agree with you on, I also see it a lot.
Bitfort
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October 14, 2017, 07:54:03 PM
 #984

Investing in a reputable big casino makes sense if:

1. You have at least 1 BTC. Less than that, transaction costs and the fact you may need it means it's not investable. Investment is long term, not short term.
2. Invest what if you did lose you might feel alot of pain but you'd still be solvent. One note: I think the risk of a big dice site running with your coins is extremely minuscule. Seriously, they are risking death doing that.
3. I don't see many big whales anymore. They appear to have gone extinct. So the variance is lower, meaning lower variance.
4. BE CAREFUL NOT TO BE TEMPTED TO DIVEST ON THE SITE SO YOU CAN GAMBLE IT. This is a common pitfall. Some sites allow you to make an account permanently unwagerable. But most for reasons beneficial to them, don't restrict this. If you cannot fight off the occasional urge to use that investment bankroll to gamble, then don't invest.All that will do is give you easier access to flipping coins and losing your principle.
.
This may be the golden age of investing. If BTC is say, $50000 in 5 years, you're doing well right now.Most sites you are gonna get 50-100% annual returns. A Bank CD pays 1% on a shit fiat currency that loses 2-3% a year.


You definitely don't need at least 1 BTC. You can make a profit with any amount, and lots of people don't have an entire Bitcoin.

The risk of a dice site pulling an exit scam and running with everyone's coins is higher than you make it seem to be.

I see whales all the time, you must be on the wrong sites.

#4 is the only one I can agree with you on, I also see it a lot.

Agree ... put 0.1 BTC with 10x leverage and you are like investing 1BTC (but at higher riks of course).

If I would be a whale I would definitely stay in shadows and I think most of them is doing the same.

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


chris200x9
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October 14, 2017, 11:38:55 PM
 #985

Is it still profitable to invest in casino bankrolls?
No, people don't gamble any more.  Roll Eyes
Of course it is profitable, as long as people are losing money it will be profitable.

If I'm not wrong every year online gambling is growing faster than earlier because of cryptocurrencies popularity so in the long run investing on a good casino bankrolls is profitable but don't put all your money in any single site instead invest on few good casinos. If anyone wins big money also you will not lose huge money from this high-risk investments.
Reid
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October 15, 2017, 12:02:28 AM
 #986

Is it still profitable to invest in casino bankrolls?
No, people don't gamble any more.  Roll Eyes
Of course it is profitable, as long as people are losing money it will be profitable.

If I'm not wrong every year online gambling is growing faster than earlier because of cryptocurrencies popularity so in the long run investing on a good casino bankrolls is profitable but don't put all your money in any single site instead invest on few good casinos. If anyone wins big money also you will not lose huge money from this high-risk investments.

Yes so it should be perfect.
Investing is already a gamble and what more in doing it in a gambling site. It doubles the risk.
So picking the right gambling site will be all that matters. The older the better and the developers and owners should be active in every way including updates.
Samarkand
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October 15, 2017, 06:35:15 AM
 #987

Which BTC dicesite offers the highest leverage for investments? I know Just-Dice offers
up to 25x leverage, but they only accept CLAM.
Besides, I already looked into Bitvest (they allow up to 10x leverage for Dice and up to 5x for some other games on their site).

Are there any other dicesites that offer 25x leverage for investments or even higher leverage?

I´m aware of the increased risk of ruin that is caused by investing with so much leverage.

Thank you for your suggestions!

Bitfort
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October 15, 2017, 07:00:29 AM
 #988

Which BTC dicesite offers the highest leverage for investments? I know Just-Dice offers
up to 25x leverage, but they only accept CLAM.
Besides, I already looked into Bitvest (they allow up to 10x leverage for Dice and up to 5x for some other games on their site).

Are there any other dicesites that offer 25x leverage for investments or even higher leverage?

I´m aware of the increased risk of ruin that is caused by investing with so much leverage.

Thank you for your suggestions!



With yolodice you can do 10x

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


jamyr
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October 15, 2017, 12:23:01 PM
 #989

Is it still profitable to invest in casino bankrolls? And more important for me, is there info did they gave BCH on previous hard fork to investors and how will they proceed in next hard fork in the end of the month.

Bitvest told their investors the plans they have long before the fork happened. You can check out blog.bitvest.io for the latest updates. Also to answer your first question, yes it is still profitable.

- Bitcointalk Talkshow Video(Aug 2023). Bitcointalk discussion
My bitsler ref link bitsler.com
chris200x9
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October 15, 2017, 01:41:55 PM
 #990

Is it still profitable to invest in casino bankrolls? And more important for me, is there info did they gave BCH on previous hard fork to investors and how will they proceed in next hard fork in the end of the month.

Bitvest told their investors the plans they have long before the fork happened. You can check out blog.bitvest.io for the latest updates. Also to answer your first question, yes it is still profitable.

These casinos who offers bankroll investments mostly provide updates well before the hard fork happens and most of them will give those new coins because if they say no then most of the investors will try to withdraw money before the hard fork which is not good for their bankroll management. You just need to visit the site ANN thread to find out more details about their terms.
newinbtc
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October 15, 2017, 04:24:53 PM
 #991

Is it still profitable to invest in casino bankrolls? And more important for me, is there info did they gave BCH on previous hard fork to investors and how will they proceed in next hard fork in the end of the month.

Bitvest told their investors the plans they have long before the fork happened. You can check out blog.bitvest.io for the latest updates. Also to answer your first question, yes it is still profitable.

Yes its still profitable because Bitcoin gambling is a rapidly-growing trade. IF we say its risky investment , keep in mind Risk is part of the game.
you will get high ROI however the main risk will still be trust issue.
akram143
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October 15, 2017, 05:16:29 PM
 #992

In investing bitcoins on casinos or gambling sites there are no assurance whether you actually profit from them, it is basically up to you on which sites your comfortable with and it is entirely up to you too if you know how to gamble. Go for big casino sites that are popular so your btc's are in good hands.

Thant's correct investing in gambling site is very risk there is no assurance for the money will back.Losing percentage is also high so i think investing your bitcoin in casions is not advisable unless you are a rich person.

MinerHQ
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October 16, 2017, 01:47:26 AM
 #993

In investing bitcoins on casinos or gambling sites there are no assurance whether you actually profit from them, it is basically up to you on which sites your comfortable with and it is entirely up to you too if you know how to gamble. Go for big casino sites that are popular so your btc's are in good hands.

Thant's correct investing in gambling site is very risk there is no assurance for the money will back.Losing percentage is also high so i think investing your bitcoin in casions is not advisable unless you are a rich person.

All investments got some risks but some of them are riskier like bankroll investments. If you take those high risks then your profit also grow faster. So you need to decide which kind of investments well suits for you but definitely these bankroll investments are not only for rich people you can also start investing. Many of the casinos accept bankroll investment as low as 0.01 BTC so for that you no need to be super rich.
8Habits
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October 16, 2017, 10:24:12 AM
 #994

In investing bitcoins on casinos or gambling sites there are no assurance whether you actually profit from them, it is basically up to you on which sites your comfortable with and it is entirely up to you too if you know how to gamble. Go for big casino sites that are popular so your btc's are in good hands.

Thant's correct investing in gambling site is very risk there is no assurance for the money will back.Losing percentage is also high so i think investing your bitcoin in casions is not advisable unless you are a rich person.

All investments got some risks but some of them are riskier like bankroll investments. If you take those high risks then your profit also grow faster. So you need to decide which kind of investments well suits for you but definitely these bankroll investments are not only for rich people you can also start investing. Many of the casinos accept bankroll investment as low as 0.01 BTC so for that you no need to be super rich.

That is true that in everything we are taking risks - even when we are driving, we are taking risks. It is therefore up to one person how much risks that person is willing to risks in investing to online casino. If we go back to our analogy again - just like in driving, if you want to get to your desired destination, you can drive very fast and you will get there very soon. However, the risk of accident is really high as well.
jamyr
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October 16, 2017, 12:14:08 PM
 #995

Investing in btc casinos are at the best of its time.

While Btc is hitting all time highs once every short time-spans, btc stock or btc earnings give the investors profit more than what their investments promised.

- Bitcointalk Talkshow Video(Aug 2023). Bitcointalk discussion
My bitsler ref link bitsler.com
Palider
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October 17, 2017, 06:59:17 AM
 #996

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 can recommend you to invest to all legit gambling sites why? All gambling sites created to win not to lose money thats why they have an househedge no one can win lot. Thats why i surely recommend to invest.
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October 17, 2017, 01:01:39 PM
 #997

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 can recommend you to invest to all legit gambling sites why? All gambling sites created to win not to lose money thats why they have an househedge no one can win lot. Thats why i surely recommend to invest.

But also need to check those sites review sharing methods to investors because based on my experience with moneypot is so good because always site owners and app owners make profit but investors lose money. So you need to monitor your investments on a regular basis and should withdraw if you make a constant loss from any particular site.
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October 17, 2017, 02:46:22 PM
 #998

Investing in btc casinos are at the best of its time.

While Btc is hitting all time highs once every short time-spans, btc stock or btc earnings give the investors profit more than what their investments promised.

can't agree more its the best time to invest into something that gives your bitcoins additional profit
other than just gathering dust in your wallet  Grin investing in btc casinos proven to be a pretty safe and profitable venture
the obvious scams and risky sites have been weeded out and there are many industry standard casinos that are pretty much garantee you profit in the long run
what is the most important thing to understand-investing is a long term process,due to variancy the results may differ
especially if you are investing for like,one month or so
keep it there for a year and you will see profit,I promise
also there is pretty much no point investing less than 0.01 or so,your income will be very low and you would be better off saving on transaction fees

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RGBKey
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October 18, 2017, 02:28:46 AM
 #999

Investing in btc casinos are at the best of its time.

While Btc is hitting all time highs once every short time-spans, btc stock or btc earnings give the investors profit more than what their investments promised.

can't agree more its the best time to invest into something that gives your bitcoins additional profit
other than just gathering dust in your wallet  Grin investing in btc casinos proven to be a pretty safe and profitable venture
the obvious scams and risky sites have been weeded out and there are many industry standard casinos that are pretty much garantee you profit in the long run
what is the most important thing to understand-investing is a long term process,due to variancy the results may differ
especially if you are investing for like,one month or so
keep it there for a year and you will see profit,I promise
also there is pretty much no point investing less than 0.01 or so,your income will be very low and you would be better off saving on transaction fees


It's nice to invest and see returns on top of the money you make by the bitcoin price rising. And when it's bear market season, it softens the blow a little bit.
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October 18, 2017, 02:30:05 AM
 #1000

i have small amount invested on Crypto-Games. I was also curious "how it works"
can withdraw money whenever you want. My experience with a small role, it is possible for a larger amount goes differently.
Last 10 days, on CG has been much winners, and my profit is stationary.
But again, this is not financial advice !
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