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Author Topic: Can I use my small amount for GAMBLING?  (Read 9081 times)
diegz
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November 15, 2016, 05:03:00 AM
 #181

As long as it is above the minimum amount to bet in gambling then it's still okay. Also if that is only the amount you are ready to burn. Don't expect a big return with such a small amount and don't be greedy also. If you double it withraw it before it's too late amd you just lost your winnings from it.

Mostly gambling site, specially those roulette and dice sites has a very low minimum bet to start with, which means $1 in bitcoin could be enough for you to start with. Just don't expect anything from betting since it is not sure if you are going to win there, it's too risky, small amounts also is good if you are just killing time, but if you are aiming for a good win, well you need bigger bankroll, small amount bets would look like a waste of time if you have a goal to win.

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November 15, 2016, 05:08:28 AM
 #182

Yes you can, but it depends on the gambling site that you are going to play actually, because there are some gambling sites that requires a minimum bet amount, and it is hard to find gambling sites that requires a very small amount of bet that you are going to put. I recommend investment for you because gambling have a very high risk in multiplying your bitcoin while in investment all you have to do is to deposit your bitcoin, and wait for the right time to withdraw it.

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November 15, 2016, 05:13:07 AM
 #183

As long as it is above the minimum amount to bet in gambling then it's still okay. Also if that is only the amount you are ready to burn. Don't expect a big return with such a small amount and don't be greedy also. If you double it withraw it before it's too late amd you just lost your winnings from it.

Mostly gambling site, specially those roulette and dice sites has a very low minimum bet to start with, which means $1 in bitcoin could be enough for you to start with. Just don't expect anything from betting since it is not sure if you are going to win there, it's too risky, small amounts also is good if you are just killing time, but if you are aiming for a good win, well you need bigger bankroll, small amount bets would look like a waste of time if you have a goal to win.

If you use a small amount in Dice or Roulette games, I think you will end your game very soon, because here winning chances is very less. So if you are looking for big profit with small amount means the better choice is skilled games. either poker game or sports betting. My choice is sports betting here you can slowly double your investment.
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November 15, 2016, 05:15:21 AM
 #184

First you need to choose casino where you can bet with small amounts, with small you need to bet somewhere where your minimal bet can be couple satoshis.
Gambling is gambling, no matter do you have a lot of money or not. Profit will depends from thatbhow much you invest. But if you are greedy and you wish to make a lot with small amount its going to be hard.
Profitable and smart gambling is to bet depending from your bankroll, for example 1 % of your bankroll start from there.



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November 15, 2016, 05:17:42 AM
 #185

How am I going to use may small btc? Can somebody hep me to use this in profitable earning here..
Its hard to decide if where can I put the risk.
Thanks..

earn with gamble very hard. need big bankroll for it.
save your btc, please

You don't even have to have big bankroll just to gamble. With small amount you can already start your own gambling career and you just need to be a responsible gambler because if not possibility of losing a lot of bitcoin will occur. Even we want people to save their bitcoin still there are some people who are becoming happy when they are able to gamble their bitcoin.

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November 15, 2016, 05:37:38 AM
 #186

Bet amount mostly depend on our bankroll and what is the maximum amount we can afford to lose, nothing wrong betting with small amount so many casinos supporting to place bet with low amount on dice game, on other bet amount little high that is why you can play dice with faucet totally risk free.
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November 15, 2016, 05:45:33 AM
 #187

Bet amount mostly depend on our bankroll and what is the maximum amount we can afford to lose, nothing wrong betting with small amount so many casinos supporting to place bet with low amount on dice game, on other bet amount little high that is why you can play dice with faucet totally risk free.
Instead of setting up bet amount based on the criteria you have mentioned, people always choose their bet amount based on how much profits, they want to make from that attempt. Usually most gamblers are setting base bet amount only with greedy. They never think about the losses and sustainability with gambling. They just want big profits but in quick time.
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November 15, 2016, 05:49:45 AM
 #188

Bet amount mostly depend on our bankroll and what is the maximum amount we can afford to lose, nothing wrong betting with small amount so many casinos supporting to place bet with low amount on dice game, on other bet amount little high that is why you can play dice with faucet totally risk free.
wow that's a nice info thanks buddy I'm using small amount of bet to when i'm gambling i supposed to do what you've said. I'm hoping that i can gain double up my btc even a small amount it can help me. so that i can invest more in bitcoin. If i reach 1btc after this year end. Im gonna have a party with my friends so they can invest in bitcoin too. if they see that bitcoin is a big opportunity for us.
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November 15, 2016, 06:09:43 AM
 #189

Bet  amounts would really depends on  how  much  money  you do have  money  on  your bank roll. If  its  big enough to make  an enjoyable game then  better  to put up  amounts  based on your decision  if  you  want big  potential  profits then  bet  on  bigger amounts but  if you  dont  like to risk  then  its better to bet  on small amounts but still we  must  know that  no matter how  small   or big aour bets the results are commonly the same.

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November 15, 2016, 06:44:43 AM
 #190

Bet  amounts would really depends on  how  much  money  you do have  money  on  your bank roll. If  its  big enough to make  an enjoyable game then  better  to put up  amounts  based on your decision  if  you  want big  potential  profits then  bet  on  bigger amounts but  if you  dont  like to risk  then  its better to bet  on small amounts but still we  must  know that  no matter how  small   or big aour bets the results are commonly the same.
They are difference in my opinion less risk to lose all your funds if you are betting in small amount than big amount.. because if you are betting large amount you can be lose easily and i think it is more chance to make a good profit in small amount than betting  a large amount that can drain your funds fast.. unlike small amount that you can be stay long in the game..
Well for me if i play small amount in gambling i just treat it for fun not for making good profit or source of profit.. because there is no assurance or guarantee to win in gambling,,
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November 15, 2016, 07:04:39 AM
 #191

You can use your small amount for gambling.  One of the example is a dice game in freebit.co.  You can bet as low as 1 satoshi, or as high as how much you want to win.  Though other sites limit the minimum bet, but most of them let you bet at a small amount though some sportsbetting site limits the minimum bet to 0.005 BTC.
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November 15, 2016, 07:43:59 AM
 #192

You can use your small amount for gambling.  One of the example is a dice game in freebit.co.  You can bet as low as 1 satoshi, or as high as how much you want to win.  Though other sites limit the minimum bet, but most of them let you bet at a small amount though some sportsbetting site limits the minimum bet to 0.005 BTC.

Totally agree.. and when you place a small bet you have a lot of chances to play the game because if you lose, you lose a little amount of btc. But you have to control yourself when gambling learn how to stop because if you keep on losing you might lose all of your bitcoins.

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November 15, 2016, 07:59:59 AM
 #193

You can use your small amount for gambling.  One of the example is a dice game in freebit.co.  You can bet as low as 1 satoshi, or as high as how much you want to win.  Though other sites limit the minimum bet, but most of them let you bet at a small amount though some sportsbetting site limits the minimum bet to 0.005 BTC.

Totally agree.. and when you place a small bet you have a lot of chances to play the game because if you lose, you lose a little amount of btc. But you have to control yourself when gambling learn how to stop because if you keep on losing you might lose all of your bitcoins.

Betting small amount is better if you will dice it. Because you can just dice again and again if you are just playing with small amount.

And the chances of winning is there but we can't determine whether it is high or low just because you can have many turns.

But still that is a good strategy so that out of low amount bets, you can maximize the capital you have for that specific game.

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November 15, 2016, 08:31:09 AM
 #194

You can use your small amount for gambling.  One of the example is a dice game in freebit.co.  You can bet as low as 1 satoshi, or as high as how much you want to win.  Though other sites limit the minimum bet, but most of them let you bet at a small amount though some sportsbetting site limits the minimum bet to 0.005 BTC.

Totally agree.. and when you place a small bet you have a lot of chances to play the game because if you lose, you lose a little amount of btc. But you have to control yourself when gambling learn how to stop because if you keep on losing you might lose all of your bitcoins.

Betting small amount is better if you will dice it. Because you can just dice again and again if you are just playing with small amount.

And the chances of winning is there but we can't determine whether it is high or low just because you can have many turns.

But still that is a good strategy so that out of low amount bets, you can maximize the capital you have for that specific game.
Honestly dice game is boring game for me but we are comparing the big amount or small amount in gambling i think if you are really a lucky person the small amount is enough in order to win a large amount we can say that if you win you are lucky because its a small amount unlike you are risking a large amount if you lose you can be trigger to gamble again and chase or recover your loses.. that can be trigger to deposit again until you will lose a lot..
Unlike if you lose in small amount you will think that you are just halving fun and it just a small amount and you can get it easily in some task here..
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November 15, 2016, 08:48:16 AM
 #195

You can use your small amount for gambling.  One of the example is a dice game in freebit.co.  You can bet as low as 1 satoshi
But there will not be any point in betting with 1 satoshi as there will not be enough profits even you are very good with your strategies to make profits for the time you will be spending for your gambling activities.
Maybe it is only good for entertainment purposes so definitely low bets amounts are just only for killing time and not for anything else.
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November 15, 2016, 09:26:33 AM
 #196

You can use it only to gamble with because it is so small amount that you can neither invest it nor cash out to have some decent amount. It is better try your luck and if it works and you succeed somehow to reach at some reasonable amount though chances are less then go for investing option which is less risky than doing gambling by yourself.
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November 15, 2016, 09:35:35 AM
 #197

You can use it only to gamble with because it is so small amount that you can neither invest it nor cash out to have some decent amount. It is better try your luck and if it works and you succeed somehow to reach at some reasonable amount though chances are less then go for investing option which is less risky than doing gambling by yourself.
Not sure what he meant by 'investing' but I suppose it's investing in altcoins since investment sites are just scam sites. He can still buy several altcoins with a small amount of money. Gambling doesn't always give you decent returns too, I don't know why would you prefer gambling over trading just because you have a small amount of capital so he is right, invest in altcoins first.

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November 15, 2016, 12:09:08 PM
 #198

It is not clear how small amount you actually are holding or consider it small. As long as you meet the minimum bet requirement you are good to go wherever is possible. If this small amount is in BTC's then trading other alternative coins or letting your money sit in bankroll of some casino can be more profitable than gambling.
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November 15, 2016, 12:44:44 PM
 #199

Any amount can be used for betting but even 10 or 100 satoshis as there are even micro betting sites that accepts that but since win in gambling itself is a multiplying effect you dont expect to win big with that small amount because with 10 or 100 satoshis you dont expect to get 1 Btc or 100 million satoshis just like that it does not work that way. Also dont think because of the small amount then you might likely win or lose less, I say it does not follow that way.
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November 15, 2016, 12:46:20 PM
 #200

Definitely you can use a small amount of money in gambling, that differs actually on the minimum amount of require bet in a certain gambling sites, in my sportsbook, the minimum bet is 0.001 BTC and for me that pretty small that everyone can afford.

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