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Author Topic: Bitcoin Gambling Investments  (Read 47211 times)
coingamblingreviews (OP)
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April 25, 2017, 03:39:58 PM
 #1181

I've noticed that there was a few people within Bitcointalk that have invested Bitcoin into different Casino's. I don't really know how that works because the thread style that the Casino owners posted made the thread look like it was one of those get rich today schemes and I didn't want to get into it.
Does anyone know if they actually made people money or is it all just a scam? I am not looking to invest in it, I just want the info.

Thanks.

Of course it is all real. Want some great info then start here - https://www.bitcoin-millionaire.com/understanding-bitcoin-gambling-investments/

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April 25, 2017, 04:17:26 PM
 #1182

This is a really nice topic, it seems that in 6 months the OP had a return of about 32% on his investment which is great, which means that he got approximately earnings of 5% every month that is way more than what you could get in the whole year if you had that money in the bank.

If things remain constant then my prediction is that at the end of the year the OP will earn 79% and that his final balance will be something around 9.1BTC.
The OP investment for me is quite successfull ,The have 5% of earning in each month not doing anything, Its like a passive earning. As time goes your investment will return to you and The profit will be attach on it. Its just thr risk of being scammed is the major disadvatage of investing even on a gambling site.

Exactly. So that is why the monthly % returns are really big. To compensate the risk...

it is not designed this way! so it is not compensating anything.
you are investing in a highly risky business but since the house edge ins the favor of the house and also the fact the people are greedy in gambling and they all end up losing at some point means the house will win and when you invest in the house bankroll you win too.

but this is only for long term and honest house not in short term or for dishonest cheating houses that report wrong results to pay less or not pay.
Certainly, in a any other investment program, it's better to do long term investment to avoid huge votality. Also, some short term investment were HYIP that seeks investors to scam, better to keep away on this. It's better to invest in gambling as many people seeks a game that would give them a chance to profit.

HYIP - you might as well buy into the onecoin scam...
Gambling is not the only option for us to choose if we want to invest our money. Gambling is good in bringing us some extra money. But it is not enough. As you can see, investing in altcoin are more awesome and can bring remarkable results. However, it is very dangerous to the people who have no idea what they are doing. Onecoin is certainly scam and you will lose your money in this stupid ponzi coin

Precisely, the investment is a place that will give us an advantage, where each of us can easily make investments then there will always be the benefit obtained. But it does note an investment requires a pretty good skills, so if we can't or don't have enough skills then it is likely just a loss we will get. Because of the investment it has almost the same risk with gambling
 
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April 25, 2017, 06:26:26 PM
Last edit: April 25, 2017, 07:55:52 PM by lite
 #1183

I've noticed that there was a few people within Bitcointalk that have invested Bitcoin into different Casino's. I don't really know how that works because the thread style that the Casino owners posted made the thread look like it was one of those get rich today schemes and I didn't want to get into it.
Does anyone know if they actually made people money or is it all just a scam? I am not looking to invest in it, I just want the info.

Thanks.
The sites used/posted by coingamblingreviews are legit and good money can be made off them, if one invests for long-term.
i myself had made .2 BTC profit by investing in betking.(site is closed atm)
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April 25, 2017, 09:41:56 PM
 #1184

I've noticed that there was a few people within Bitcointalk that have invested Bitcoin into different Casino's. I don't really know how that works because the thread style that the Casino owners posted made the thread look like it was one of those get rich today schemes and I didn't want to get into it.
Does anyone know if they actually made people money or is it all just a scam? I am not looking to invest in it, I just want the info.

Thanks.

There's more then "a few" people here who have made casino bankroll investments. Popular gambling sites have hundreds and thousands of bitcoins invested by different users, if sure most of them visit bitcointalk. If you are not familiar with it, it might sound suspicious, just like any other investment, but actually there a big difference between ponzi scams and casinos - casinos don't promise you stable profit, they don't guarantee you any profit at all, investors just expect that because of the house edge more players will be losing more than they win and it will create profit for the house.

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April 26, 2017, 01:54:23 AM
 #1185

Well, I have an observation.  If we are players and not investors then it looks like the best place to play would be Bitvest.io?  They seem to be paying their players more than their investors.  And, by similar reasoning, SafeDice and Crypto-Games would be sites for players to avoid because they pay their investors more than their players.  Is my reasoning sound?
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April 26, 2017, 02:21:15 AM
 #1186

I've noticed that there was a few people within Bitcointalk that have invested Bitcoin into different Casino's. I don't really know how that works because the thread style that the Casino owners posted made the thread look like it was one of those get rich today schemes and I didn't want to get into it.
Does anyone know if they actually made people money or is it all just a scam? I am not looking to invest in it, I just want the info.

Thanks.

There's more then "a few" people here who have made casino bankroll investments. Popular gambling sites have hundreds and thousands of bitcoins invested by different users, if sure most of them visit bitcointalk. If you are not familiar with it, it might sound suspicious, just like any other investment, but actually there a big difference between ponzi scams and casinos - casinos don't promise you stable profit, they don't guarantee you any profit at all, investors just expect that because of the house edge more players will be losing more than they win and it will create profit for the house.
I don't consider putting money in bankroll can be consider as investment since it should be played, not to be invested. In gambling, I only consider investing house edge as investmets since it groweverey of it shares as it gets profit from the bankroll.
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April 26, 2017, 06:02:51 AM
 #1187

I've noticed that there was a few people within Bitcointalk that have invested Bitcoin into different Casino's. I don't really know how that works because the thread style that the Casino owners posted made the thread look like it was one of those get rich today schemes and I didn't want to get into it.
Does anyone know if they actually made people money or is it all just a scam? I am not looking to invest in it, I just want the info.

Thanks.

There's more then "a few" people here who have made casino bankroll investments. Popular gambling sites have hundreds and thousands of bitcoins invested by different users, if sure most of them visit bitcointalk. If you are not familiar with it, it might sound suspicious, just like any other investment, but actually there a big difference between ponzi scams and casinos - casinos don't promise you stable profit, they don't guarantee you any profit at all, investors just expect that because of the house edge more players will be losing more than they win and it will create profit for the house.
I don't consider putting money in bankroll can be consider as investment since it should be played, not to be invested. In gambling, I only consider investing house edge as investmets since it groweverey of it shares as it gets profit from the bankroll.

i think if there is any good gambling site, why not we put our money with them and we can take a nice profit with them? because i've do this in other site and i think i can have my own profit without doing gambling games in that sites and if i want to playing gambling, what i can do is to get the faucet in that site and start to playing gambling. i think its enough for me as i don't want to loss much money in gambling games.

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April 27, 2017, 07:31:17 PM
 #1188

All invesrments are risky, but I consider investing in casino bank rolls are riskier than many other options that you might have. This because gambling is very risky and the bank rolls can always go down pretty fast. You can be lucky to multiply your investment, or you can be unlucky and get less than what you've put in it.. I will probably never invest in gambling bank rolls.

Even all gamblers knows that gambling is very risky to do, still they continue to play it. Because they're mindset was "What if they Win" in the games. and I don't believed that gambling is like an investment as others do. Actually, gambling can wreck everything you had if you are irresponsible gamblers.
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April 28, 2017, 12:28:30 PM
 #1189

Week 38 and a nice week Cool







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April 29, 2017, 06:25:54 PM
 #1190

Week 38 and a nice week Cool








Doing great investments right there. Proves a lot that diversification of funds is the best.

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April 29, 2017, 06:37:31 PM
 #1191

Week 38 and a nice week Cool








Are you investing with leverage at YOLOdice? If yes, what multiplier did you chose, if not - would you consider making leveraged investment to see how it will perform? Also, did you made any leveraged investments on other sites and what do you think about them as an investor?

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coingamblingreviews (OP)
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April 30, 2017, 03:56:23 AM
 #1192


Are you investing with leverage at YOLOdice? If yes, what multiplier did you chose, if not - would you consider making leveraged investment to see how it will perform? Also, did you made any leveraged investments on other sites and what do you think about them as an investor?

Hey I am using 10x leverage. As I get 0.8% of the house edge on the site leverage is ok in my opinion. 10x is obviously very risky but I am going for it.

My overall opinion is that leverage is risky. The rule of thumb that 0.5% of the bankroll should be the maximum win for a 1% house edge is right in my opinion (and simulations).

I answer your question in more detail here: https://www.bitcoin-millionaire.com/understanding-bitcoin-gambling-investments/

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April 30, 2017, 05:25:15 AM
 #1193

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

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May 06, 2017, 07:41:43 AM
 #1194

Week 39 and we are still going strong  Cool




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May 06, 2017, 02:09:21 PM
 #1195

Week 39 and we are still going strong  Cool






Awesome!

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May 06, 2017, 02:30:59 PM
 #1196

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

Your very lucky because after your investment starting bitcoin prices also going up non-stop so along with your investment growing BTC prices are gone up. Overall it is a good investment and you almost made 200% profit in terms of USD. Maybe it is a right time to take out your investment and rest let's keep it for your longer term.
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May 06, 2017, 04:11:54 PM
 #1197

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

Your very lucky because after your investment starting bitcoin prices also going up non-stop so along with your investment growing BTC prices are gone up. Overall it is a good investment and you almost made 200% profit in terms of USD. Maybe it is a right time to take out your investment and rest let's keep it for your longer term.

Yeah most of my Bitcoins are not in Gambling sites. I publicly share where my current 36BTC's are here ---> https://www.bitcoin-millionaire.com/my-btc-wallet/

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May 09, 2017, 07:29:42 AM
 #1198

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

Your very lucky because after your investment starting bitcoin prices also going up non-stop so along with your investment growing BTC prices are gone up. Overall it is a good investment and you almost made 200% profit in terms of USD. Maybe it is a right time to take out your investment and rest let's keep it for your longer term.
It's crazy to think that their investment reached almost 12k now this week because of the price increasing. I don't think op will be taking out his investments until he reaches 12 months of investing, it's mentioned on the first post.

Question for coingamblingreviews. Do you guys plan to continue investing on after you guys reach a year of investing from these gambling sites?

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May 09, 2017, 08:13:06 AM
 #1199

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

Your very lucky because after your investment starting bitcoin prices also going up non-stop so along with your investment growing BTC prices are gone up. Overall it is a good investment and you almost made 200% profit in terms of USD. Maybe it is a right time to take out your investment and rest let's keep it for your longer term.
It's crazy to think that their investment reached almost 12k now this week because of the price increasing. I don't think op will be taking out his investments until he reaches 12 months of investing, it's mentioned on the first post.

Question for coingamblingreviews. Do you guys plan to continue investing on after you guys reach a year of investing from these gambling sites?
Probably they will, they are making money with investing so this kind of opportunity should not be wasted, I think they will put a bigger amount that time but actually I am happy to check this site once there is an update by the OP. By looking at the chart, it really attract me to be more serious with investing in casinos.

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May 09, 2017, 08:56:01 AM
 #1200

Report after 9 months is up! $3k initial investment is worth more than $9.4k  Shocked

https://bitcoingamblingreviews.com/bitcoin-gambling-investments-912/

Your very lucky because after your investment starting bitcoin prices also going up non-stop so along with your investment growing BTC prices are gone up. Overall it is a good investment and you almost made 200% profit in terms of USD. Maybe it is a right time to take out your investment and rest let's keep it for your longer term.
i think bitcoin is giving chance to everyone. you just need to wait for some good time. i think those people who have invested money in bitcoin and then wait for a long time they have gained a good profit. i think those people who will get bitcoin and will gain for some good time, then they will also get good profit from bitcoin after some time.
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