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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
coingamblingreviews (OP)
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August 07, 2017, 06:43:02 AM
 #1281

Week 52 has ended and like most people I had all my bitcoins out of bankrolls and in my cold wallet to claim the Bitcoin Cash this week.

With the Byteball airdrop also coming up on the 7th of August all my bankroll investments stayed in by cold wallet this week. So week 51 = week 52.

So just to recap this last year





Week 51/52  Smiley
Something went wrong with your chart especially on safedice? Your investment on safedice is going down from last week but the chart shows us if your investment is going up. Total of your money on safedice last week was 2.83BTC but this week it's only 2.76BTC. It means you are in -0.07BTC

Just noticed that also, you should fix the graph.
If you divested funds and reinvested few week later you should pause the line in graph and continue on the week you continue with investment. Since the CG investment went up practicaly week by week, graph is not completly transparent.

I will be keeping track of the Crypto-Games investment returns for multiple coins on a weekly basis. I started an investment of 1 BTC on 1 January 2017, 100 ETH on 24 March 2017, 20000 DOGE on 30 May 2017, 1 LTC on 30 May 2017, 1 DASH on 30 May 2017, 10000 GRC on 30 May 2017, 1 XMR on 4 June 2017, and 10 PPC on 4 June 2017.  Below are the returns. This thread will be updated every Sunday.



Fair call, especially considering you paid investors the Bitcoin Cash as I am not sure the other sites did.

Regardless I plan to run this again for another year starting October 1st. This time with $100,000 worth of Bitcoin and I will record the weekly numbers

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August 07, 2017, 06:47:42 AM
 #1282

Week 52 has ended and like most people I had all my bitcoins out of bankrolls and in my cold wallet to claim the Bitcoin Cash this week.

With the Byteball airdrop also coming up on the 7th of August all my bankroll investments stayed in by cold wallet this week. So week 51 = week 52.

So just to recap this last year

- I started with $3,000 and bought 5 Bitcoins one year ago.
- The investment has grown to 7.48098 Bitcoins a return of about 49.62% on a Bitcoin basis
- I have pulled the money out of the bankrolls and did not have any issues with sites taking my money
- The $3,000 investment is now worth $24,200 with the Bitcoin price going up so much (this excludes the Bitcoin cash and byteballs I have also received with with this balance).





I will write a new monthly report following my last one (https://bitcoingamblingreviews.com/bitcoin-gambling-investments-1112/) to conclude the year long journey Smiley

Thanks for everyone who has followed it! I hope you guys found this useful and also made some money too!
Great journey you are having here, that clearly shows how profitable gambling industry is and how big the progress in terms of value bitcoin made.
Actually IMO this is a great way to venture into business as we all know the house always wins therefore the risk of losing is very low.
I hope you will also consider new sites in your experiment, the more the merrier I guess.

What sites are you thinking I should add?

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August 08, 2017, 08:20:17 PM
 #1283

That's a really good profit 2 bitcoins in a year is surely not a bad deal this is surely another proof that you can hold bitcoins like how you hold fiat and invest in gambling sites like investing in banks. Gambling have higher return but the best part is you earn bitcoin and unlike fiat bitcoins value does increase
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August 08, 2017, 09:14:06 PM
 #1284

Nice portfolio you got there, you sure made a big profit from safedice ang crypto games. Will watch out your journey to your richest for the next months/years to come. Good luck to you buddy.

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August 10, 2017, 05:07:26 PM
 #1285

50% in a year !! Wow that's a great return and with the price raise of Bitcoin that is alot of money. Nicely done and thank you for sharing this with us. I currently have 3 open investmebts in casinos because of this thread.

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August 10, 2017, 10:15:33 PM
 #1286

50% in a year !! Wow that's a great return and with the price raise of Bitcoin that is alot of money. Nicely done and thank you for sharing this with us. I currently have 3 open investmebts in casinos because of this thread.

I watched this thread and I was amazed on how the initial investment had grown from $3000 to more than 800%.  This is indeed a great success story about bitcoin investment in gambling casino bankroll, let alone bitcoin investment since he is able to get bonuses brought by only holding BTC.  Congratulation for your profit.  This will inspire new comer to invest in bitcoin then invest them to the casino where you had invested and gain a positive return.

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coingamblingreviews (OP)
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August 18, 2017, 12:29:24 PM
 #1287

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

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August 19, 2017, 04:25:45 AM
 #1288

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

Yeah, I'm been following this thread as well and this proves that investing in a gambling casino is very profitable indeed. The returns is so huge that I think some will be very interested in throwing cash in a gambling casino.

Question:

What do you think about online casino's going on ICO's now? like Bitdice and Betking? Do you think that those sites are going on in a right direction?

R


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August 21, 2017, 11:49:50 AM
 #1289

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

Yeah, I'm been following this thread as well and this proves that investing in a gambling casino is very profitable indeed. The returns is so huge that I think some will be very interested in throwing cash in a gambling casino.

Question:

What do you think about online casino's going on ICO's now? like Bitdice and Betking? Do you think that those sites are going on in a right direction?

Good question - I put 10 BTC into BetKing ICO and 10 BTC into Bitdice ICO. So I think they are both very interesting.

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August 26, 2017, 02:03:43 PM
 #1290

I followed this thread closely and I also had a small profit adjusting my casino investments. Your experience though is truly amazing: from 3000 to 24000 that's no peanuts. Well done!
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September 01, 2017, 11:50:51 PM
 #1291

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

 
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September 02, 2017, 12:44:31 AM
 #1292

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

SafeDice too, although it is under attack right now. The BetKing and BitDice ICO are also rather interesting in my opinion..

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September 02, 2017, 03:13:47 AM
 #1293

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

SafeDice too, although it is under attack right now. The BetKing and BitDice ICO are also rather interesting in my opinion..

I missed the train to invest on the ICOs, unfortunatelly. SafeDice needs more active support, last time I checked there was one gambler online, but continues legit anyway. I believe soon KingDice will come back stronger than ever, FreeBitco.in owner have bought the casino and he will be making some updates on the future. They are good managers on FreeBitco.in faucet, they have all conditions to boost KingDice with events, rewards, promotions...

 
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September 02, 2017, 11:25:16 AM
 #1294

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

SafeDice too, although it is under attack right now. The BetKing and BitDice ICO are also rather interesting in my opinion..

I missed the train to invest on the ICOs, unfortunatelly. SafeDice needs more active support, last time I checked there was one gambler online, but continues legit anyway. I believe soon KingDice will come back stronger than ever, FreeBitco.in owner have bought the casino and he will be making some updates on the future. They are good managers on FreeBitco.in faucet, they have all conditions to boost KingDice with events, rewards, promotions...

Wow I did not know that. Do you have a link showing the change in ownership?

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September 02, 2017, 04:11:44 PM
 #1295

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

SafeDice too, although it is under attack right now. The BetKing and BitDice ICO are also rather interesting in my opinion..

I missed the train to invest on the ICOs, unfortunatelly. SafeDice needs more active support, last time I checked there was one gambler online, but continues legit anyway. I believe soon KingDice will come back stronger than ever, FreeBitco.in owner have bought the casino and he will be making some updates on the future. They are good managers on FreeBitco.in faucet, they have all conditions to boost KingDice with events, rewards, promotions...

Wow I did not know that. Do you have a link showing the change in ownership?

It's on their official thread, page 50: https://bitcointalk.org/index.php?topic=1637134.980

On the following posts/pages there are some talk about it.

 
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September 03, 2017, 05:11:04 AM
 #1296

Glad everyone has found it so useful! Will be starting it again soon! Trying to find more sites to invest in  Smiley

That is the problem now.

I'm seeing only two interesting sites: Crypto-Games and YoloDice. Others don't have enough gambler's traffic.

SafeDice too, although it is under attack right now. The BetKing and BitDice ICO are also rather interesting in my opinion..

I missed the train to invest on the ICOs, unfortunatelly. SafeDice needs more active support, last time I checked there was one gambler online, but continues legit anyway. I believe soon KingDice will come back stronger than ever, FreeBitco.in owner have bought the casino and he will be making some updates on the future. They are good managers on FreeBitco.in faucet, they have all conditions to boost KingDice with events, rewards, promotions...

Wow I did not know that. Do you have a link showing the change in ownership?

It's on their official thread, page 50: https://bitcointalk.org/index.php?topic=1637134.980

On the following posts/pages there are some talk about it.

Thanks! Very interesting.

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September 03, 2017, 05:14:29 AM
 #1297

Alright so I am running the experiment again but bigger this year. I will be starting with 43 Bitcoins in the locations below:

  • YoloDice 10BTC
  • CryptoGames 10BTC
  • BetKing 10BTC
  • BitDice 10BTC
  • SafeDice 3 BTC

I will post the updates in an excel format with a plot here but all commentary will be done on www.steemit.com

First blog post on it is here:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-1-week-0-of-52

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September 03, 2017, 02:39:18 PM
 #1298

Alright so I am running the experiment again but bigger this year. I will be starting with 43 Bitcoins in the locations below:

Holy 43 bitcoins as total investment on gambling sites. It's worth more than $100,000 as you have promised (it's worth around $188,598 (rate : $4386/btc))
Will this turned into $1,000,000 in the end of week 52 on next year?  Cool

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September 04, 2017, 11:34:35 AM
 #1299

Alright so I am running the experiment again but bigger this year. I will be starting with 43 Bitcoins in the locations below:

Holy 43 bitcoins as total investment on gambling sites. It's worth more than $100,000 as you have promised (it's worth around $188,598 (rate : $4386/btc))
Will this turned into $1,000,000 in the end of week 52 on next year?  Cool

Lets see! Would be nice to get to the $1,000,000 over the next year for sure  Cool

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September 04, 2017, 12:43:13 PM
 #1300

Alright so I am running the experiment again but bigger this year. I will be starting with 43 Bitcoins in the locations below:

Holy 43 bitcoins as total investment on gambling sites. It's worth more than $100,000 as you have promised (it's worth around $188,598 (rate : $4386/btc))
Will this turned into $1,000,000 in the end of week 52 on next year?  Cool

Lets see! Would be nice to get to the $1,000,000 over the next year for sure  Cool

Im not trying to be skeptical but atleast you need to make sure that those site you invested on would still be running until next year  Smiley. With the price soaring high right now, it is hard for some people to gamble and thus this means there will be a little drop in the wagered amount which means less profit as well
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