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Author Topic: Investing in btc casinos  (Read 40298 times)
BTCevo
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January 24, 2018, 06:57:02 AM
 #1221

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.

No matter what you do, most gambling a
Site will profitable in the end because they have house edge that support their game. Every single game sure have a house edge so they will much probably win in the end. The matter here, is your bankroll can hold longer enough before you can get back the profit? And kelly does play a role on your profit too because high risk high gain
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Ziskinberg
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January 24, 2018, 12:31:25 PM
 #1222

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.

No matter what you do, most gambling a
Site will profitable in the end because they have house edge that support their game. Every single game sure have a house edge so they will much probably win in the end. The matter here, is your bankroll can hold longer enough before you can get back the profit? And kelly does play a role on your profit too because high risk high gain
They are operating for a profit so what do you expect, they will win in the long run and we will lose because they have the end.
However, we can still have the fun if we gamble for fun and forget about the profit, not because it's impossible to win but because our chance is very low.


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veleten
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January 24, 2018, 02:10:02 PM
 #1223

don't see the point in discussing if investing is gambling or not
you can call it any way you like,but gambling has inbuilt negative EV
due to the house edge,so you are bound to be losing in the long run,
while investing has inbuilt positive EV because you are the house
also investing doesn't bare risks of suboptimal betting strategies and bad bank management
which are the main causes of people losing money,they smply do not know how to gamble
and will lose far more than 1% HE on average

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