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Author Topic: Investing in btc casinos  (Read 40402 times)
marlboroza
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October 22, 2017, 03:02:38 PM
Last edit: October 22, 2017, 04:08:33 PM by marlboroza
 #1021

You should consider alternative investment platforms, gambling always will be a gamble.

Any investment would be a gamble. You'll never know what will happen. Even if the odds are always in your favor, it will always be a gamble.
There are some risks - very lucky whales(limited bets/max win should solve this problem) but in long run it is still EV-, even for a whale, owner knows server seeds so if you don't trust owner or if you have any doubts don't invest, casino runs away etc, but investing in trusted site with good bankroll management(max win,bet etc)should be fine in long run.
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October 22, 2017, 07:28:34 PM
 #1022

Very interested in this topic, could you elaborate?

Not sure what you mean, but generally people invest in bitcoin casinos, then receive a portion of the profits based on how much of the bankroll they contribute. They also share the losses of the casino. But, since casinos have a house edge in their favor, the more people that wager on their site, the more money they're expected to make.
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October 22, 2017, 11:06:11 PM
 #1023

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?

You like investing and playing, one site I can offer you is 777coin.com.. test your luck at otheir latest game, Baccarat! You can play as the banker, the player, or even bet on a tie! With our better than average payouts This classic is sure to be a great bet, plus the site has never been quicker and easier to use. With their new, hassle-free account system you can just deposit and play right away! If your account was automatically created, you may pick a username on your account page, or keep the one you were given...


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mBet_Shaun
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October 22, 2017, 11:50:50 PM
 #1024

Is there a list anywhere of casinos that take investment?

badjacks99
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October 23, 2017, 01:13:26 AM
 #1025

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?

You like investing and playing, one site I can offer you is 777coin.com.. test your luck at otheir latest game, Baccarat! You can play as the banker, the player, or even bet on a tie! With our better than average payouts This classic is sure to be a great bet, plus the site has never been quicker and easier to use. With their new, hassle-free account system you can just deposit and play right away! If your account was automatically created, you may pick a username on your account page, or keep the one you were given...



Obvisouly I dont think this is what the original poster had in mind. Baccarat is a game not an investment, even if you play as the banker. They were looking for sites that you can actually invest in thier bankroll. While I have not had much success with investing coin, there are still some bitcoin casinos looking for investors.
iMark
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October 23, 2017, 01:43:28 AM
 #1026

You should consider alternative investment platforms, gambling always will be a gamble.

Even though investing in casino bankrolls are high risk but much better option than gambling because as you know that house got a better chance win so if you some money then you can also make good profits in the long run. I do agree that we shouldn't invest all our money only in casino bankrolls but also need to diversify funds into some other products to reduce long-term risks.
yeah house has a greater chance of winning than a player, so it's safer to invest in a bankroll than to gamble, but of course the profit will be greater on playing gambling directly because you can double your money as you wish, if you invest in the bankroll the profit you get will be quite small, depending on the amount money you invest. choose a site that has a high house edge if you want to invest in their site.
chris200x9
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October 23, 2017, 01:45:10 AM
 #1027

Is there a list anywhere of casinos that take investment?

You can check this thread to get some ideas about the casino which are accepting bankroll investments and they are performing recently - https://bitcointalk.org/index.php?topic=1585408.0

These investments are usually high-risk type and whatever you see the performance reports only for your reference and there is no guaranty that you will get same profits if you invest now. You may get even more profit or may lose your investments also.
Betwrong
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October 23, 2017, 08:03:09 AM
 #1028

You should consider alternative investment platforms, gambling always will be a gamble.

Even though investing in casino bankrolls are high risk but much better option than gambling because as you know that house got a better chance win so if you some money then you can also make good profits in the long run. I do agree that we shouldn't invest all our money only in casino bankrolls but also need to diversify funds into some other products to reduce long-term risks.
yeah house has a greater chance of winning than a player, so it's safer to invest in a bankroll than to gamble, but of course the profit will be greater on playing gambling directly because you can double your money as you wish, if you invest in the bankroll the profit you get will be quite small, depending on the amount money you invest. choose a site that has a high house edge if you want to invest in their site.

I don't think that's a good advice. If a site has high house edge gamblers avoid it playing on other sites and only a few who are lazy to research or who don't care about such little things play there. Such a site will have little to zero profit and thus you will hardly gain anything from your investment.

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mBet_Shaun
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October 23, 2017, 08:27:38 AM
 #1029

Is there a list anywhere of casinos that take investment?

You can check this thread to get some ideas about the casino which are accepting bankroll investments and they are performing recently - https://bitcointalk.org/index.php?topic=1585408.0

These investments are usually high-risk type and whatever you see the performance reports only for your reference and there is no guaranty that you will get same profits if you invest now. You may get even more profit or may lose your investments also.

Thanks for taking the time to answer.

traderethereum
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October 23, 2017, 01:40:59 PM
 #1030

i think it is fine if we want to investing in casinos because this could be another safe investment but we need to select the best casino and have a good reputations among the gamblers. with investing in casinos, we can make additional money without doing gambling and we can see that the investment is run smooth although there is possibility for us to get loss but its small chance. you need to determine how much you want invest and don't use big money if you are not comfortable.

RGBKey
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October 23, 2017, 03:48:10 PM
 #1031

It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest.
 Grin Grin
Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess.

I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams.
chris200x9
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October 24, 2017, 01:51:11 AM
 #1032

It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest.
 Grin Grin
Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess.

I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams.

Your an experienced member on this forum and you should be knowing that in this forum posting referral links are not allowed. You should provide direct link to the site - https://yolodice.com/

These bankroll investment profits not guaranteed that you will again get same or better in future. If you look at this link you will come to know that for one-week yolodice also gave negative returns. https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52. These high-risk investments but in the long run mostly we get a chance to make a good profit.



RGBKey
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October 24, 2017, 03:07:49 AM
 #1033

It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest.
 Grin Grin
Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess.

I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams.

Your an experienced member on this forum and you should be knowing that in this forum posting referral links are not allowed. You should provide direct link to the site - https://yolodice.com/

These bankroll investment profits not guaranteed that you will again get same or better in future. If you look at this link you will come to know that for one-week yolodice also gave negative returns. https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52. These high-risk investments but in the long run mostly we get a chance to make a good profit.


Please show me where it says I'm not allowed to post a referral link in a sensible manner.
8Habits
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October 24, 2017, 03:26:40 AM
 #1034

It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest.
 Grin Grin
Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess.

I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams.

Your an experienced member on this forum and you should be knowing that in this forum posting referral links are not allowed. You should provide direct link to the site - https://yolodice.com/

These bankroll investment profits not guaranteed that you will again get same or better in future. If you look at this link you will come to know that for one-week yolodice also gave negative returns. https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52. These high-risk investments but in the long run mostly we get a chance to make a good profit.





No referral link please Smiley  Anyway, I agree that investing to online casinos to add to the house bankroll is really risky as well but if you just invest regularly, you will be like the house to earn and gain profits at the end of the day even you have negative profits at any point because you have with you the power of the house edge advantage.
chris200x9
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October 24, 2017, 07:00:07 AM
 #1035

It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest.
 Grin Grin
Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess.

I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams.

Your an experienced member on this forum and you should be knowing that in this forum posting referral links are not allowed. You should provide direct link to the site - https://yolodice.com/

These bankroll investment profits not guaranteed that you will again get same or better in future. If you look at this link you will come to know that for one-week yolodice also gave negative returns. https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52. These high-risk investments but in the long run mostly we get a chance to make a good profit.


Please show me where it says I'm not allowed to post a referral link in a sensible manner.

If I'm not wrong it is not allowed to post your referral link.

Check this thread of posting rules - https://bitcointalk.org/index.php?topic=703657.msg7955645#msg7955645

You can search this forum and find answer - here is one thread discussing referral links posting - https://bitcointalk.org/index.php?topic=987319.msg10759170#msg10759170
whulfar
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October 24, 2017, 02:03:33 PM
 #1036

I used to invest in threes btc casinos some month i get profit like 2-10% other time i lost 15% too XD

I've learned the lesson, i don't invest on btc casinos Tongue
suzukiy
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October 24, 2017, 07:56:58 PM
 #1037

the investment of bitcoin in the casino I think is more profitable than poda elsewhere, because business perjuadian always profitable, and profits are also great. but in my country no one has received an investment using bitcoin.
auswalk
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October 28, 2017, 10:35:14 AM
 #1038

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.

Ok yes you can have .000001BTC. Whatever is alot of money to you that's your threshold. It's a waste of time for anyone even a homeless person at some point

When was the last time a site that invested significant time marketing and building a quality product jumped ship with investors money? I'd like to know if you can answer that.

I haven't seen whales in a long time. They only seemed to appear on bitdice.me which I don't frequent anymore. A whale is someone firing down 5 BTC+ a roll or more.

You  never know when you get the gambling itch. Don't do it or you are better off just keeping your coins in a paper wallet.
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October 28, 2017, 12:44:41 PM
 #1039

Investing in bitcoin casino will be very risky business, you should rather invest on something else.

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October 28, 2017, 12:49:45 PM
 #1040

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 haven't seen a gamlbing site which lets the user have interest, so it has no definite possibility to win in investing on gambling sites. There are two possibilities which are win or lose, and either way most people will experience losing which cannot be avoided and in most gambling sites, there is more chance to lose so i suggest don't try investing.
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