Bitcoin Gambling Investments

[coingamblingreviews]

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? 

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

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  . 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

That is a fair point. I have noticed over the last month that the betting volume has dropped a bit. Plus with BetKing opening up again some of the other sites might not get the same volume.

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[mrcash02]

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? 

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

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  . 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

That is a fair point. I have noticed over the last month that the betting volume has dropped a bit. Plus with BetKing opening up again some of the other sites might not get the same volume.

When BTC price is too unstable the gambling volume drops (at least BTC volume), with the reopening of BetKing casino many gamblers can left the crowdfunded casinos to play there, it's true. These are two reasons that could make the investment more difficult on the sites accepting investments on their bankrolls.

But Bitcoin gambling industry isn't on its full adoption yet. There are many gamblers that don't know Bitcoin and like to gamble online, but with fiat. Each new day more people become aware about Crypto-Currency and start adopting it. So I believe there are much money and many gamblers for all the Crypto casino sites we have today, world's gamblers just need to start using Crypto-Currency.

And even gamblers left the traditional casinos we are investing to start playing at BetKing or any other of the same kind I'm not sure if they will stay there forever. Gamblers like to play at several casinos, a little on each one. When someone loses money on a casino, he will probably try his luck on another one and so on. There are much money on this industry, I think everyone can be happy in the end...

[coingamblingreviews]

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? 

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

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  . 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

That is a fair point. I have noticed over the last month that the betting volume has dropped a bit. Plus with BetKing opening up again some of the other sites might not get the same volume.

When BTC price is too unstable the gambling volume drops (at least BTC volume), with the reopening of BetKing casino many gamblers can left the crowdfunded casinos to play there, it's true. These are two reasons that could make the investment more difficult on the sites accepting investments on their bankrolls.

But Bitcoin gambling industry isn't on its full adoption yet. There are many gamblers that don't know Bitcoin and like to gamble online, but with fiat. Each new day more people become aware about Crypto-Currency and start adopting it. So I believe there are much money and many gamblers for all the Crypto casino sites we have today, world's gamblers just need to start using Crypto-Currency.

And even gamblers left the traditional casinos we are investing to start playing at BetKing or any other of the same kind I'm not sure if they will stay there forever. Gamblers like to play at several casinos, a little on each one. When someone loses money on a casino, he will probably try his luck on another one and so on. There are much money on this industry, I think everyone can be happy in the end...

Very good insight. I would love to see the crypto % share of online gambling over the years

[coingamblingreviews]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

[DGulari]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

Didn't you said you will start the second investment on Oct?
Week 1 doesn't looks good. But this is for long term, just keep your balance on those gambling site. Is it would be better if you put 10 btc in safedice rather than yolodice? You have got big profit from safedice with your first invesment

[coingamblingreviews]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

Didn't you said you will start the second investment on Oct?
Week 1 doesn't looks good. But this is for long term, just keep your balance on those gambling site. Is it would be better if you put 10 btc in safedice rather than yolodice? You have got big profit from safedice with your first invesment

Decided to start first week of September.

Lets see which site works out better

[Petyr Baelish]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

Didn't you said you will start the second investment on Oct?
Week 1 doesn't looks good. But this is for long term, just keep your balance on those gambling site. Is it would be better if you put 10 btc in safedice rather than yolodice? You have got big profit from safedice with your first invesment

Decided to start first week of September.

Lets see which site works out better

Yes I was wondering this too.

Why have you decided to just put 3 BTC into SafeDice this time around when it seemed to be your most successful investment last time?
 
Oh and good luck with the new campaign. 

[klf]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

Didn't you said you will start the second investment on Oct?
Week 1 doesn't looks good. But this is for long term, just keep your balance on those gambling site. Is it would be better if you put 10 btc in safedice rather than yolodice? You have got big profit from safedice with your first invesment

Decided to start first week of September.

Lets see which site works out better

Yes I was wondering this too.

Why have you decided to just put 3 BTC into SafeDice this time around when it seemed to be your most successful investment last time?
 
Oh and good luck with the new campaign. 

In casino investment, all past data is only for our reference and there is no guaranty that those casinos will give same % or more profit in future as well.

Anyway, he should be knowing that these casino investment profits are for the long term and in short term, there is no guaranty that we can make money from these casino bankroll investments.

[BillCoin]

When investing in a thing like casino sites the only risk you are having is that the casino may cheat you and tell you that you lost money but you actually won.
Or the casino is getting closed by law and your funds are being seized.
I think that if you choose the right casino it could be really profitable.

[Petyr Baelish]

In casino investment, all past data is only for our reference and there is no guaranty that those casinos will give same % or more profit in future as well.

Yes I know this but it does not answer the question that I asked.

I am asking him why he decided to reduce SafeDice to 3 BTC while the others have 10 BTC.

[Ekanenf]

When investing in a thing like casino sites the only risk you are having is that the casino may cheat you and tell you that you lost money but you actually won.
Or the casino is getting closed by law and your funds are being seized.
I think that if you choose the right casino it could be really profitable.

Actually that isn't mostly the issue rather most gambling sites that offer investment only gives a few percentage on their income and that will be very very low since some are being won by players so its better to invest your money on mining sites or altcoins that you think has a lot of potential.

[coingamblingreviews]

First week gone down from 43 Bitcoins to 42.788

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52

Didn't you said you will start the second investment on Oct?
Week 1 doesn't looks good. But this is for long term, just keep your balance on those gambling site. Is it would be better if you put 10 btc in safedice rather than yolodice? You have got big profit from safedice with your first invesment

Decided to start first week of September.

Lets see which site works out better

Yes I was wondering this too.

Why have you decided to just put 3 BTC into SafeDice this time around when it seemed to be your most successful investment last time?
 
Oh and good luck with the new campaign. 

No particular reason at all. Yolodice was actually better last time when you think about the time I was invested in their site.

[Rizky Aditya]

When investing in a thing like casino sites the only risk you are having is that the casino may cheat you and tell you that you lost money but you actually won.
Or the casino is getting closed by law and your funds are being seized.
I think that if you choose the right casino it could be really profitable.

We live in a bad world. Everyone is trying to survive and people trample all others beneath their feet in order to achieve what they want. Use or be used. This is how things really work at the end of the day. Your words are indeed on the mark. Fraudulent happen very often now so research before investing.

[JL421]

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

You are really taking lot of risk i am also a investor on yolodice for a really long time and have got good returns I'm totally satisfied with a investment on yolodice i am not sure about the rest except bitdice. I will surely follow your blog thanks for all information you provide us

[coingamblingreviews]

Second week and I'm straight back in the black:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-3-week-2-of-52

[DGulari]

Second week and I'm straight back in the black:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-3-week-2-of-52

Glad you have recovered and got some profit from your investment but the sad thing is, bitcoin value is down a lot for now.

[coingamblingreviews]

Second week and I'm straight back in the black:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-3-week-2-of-52

Glad you have recovered and got some profit from your investment but the sad thing is, bitcoin value is down a lot for now.

It sure is down a bit, but this is Bitcoin - It has to be expected!

[lorylore]

I have lost track of this thread for a while and i am glad to find it back. The 43btc investment started earlier den i expected and i am extremely excited for this new project. I have been following this thread for a long time and i really hope you can shoot pass to 1mil. Cheers.

[Oceat]

When investing in a thing like casino sites the only risk you are having is that the casino may cheat you and tell you that you lost money but you actually won.
Or the casino is getting closed by law and your funds are being seized.
I think that if you choose the right casino it could be really profitable.

We live in a bad world. Everyone is trying to survive and people trample all others beneath their feet in order to achieve what they want. Use or be used. This is how things really work at the end of the day. Your words are indeed on the mark. Fraudulent happen very often now so research before investing.

I guess some people who are on top are really good at it but they didn't know that 'what goes up must come down' and 'what goes around comes around'. No matter how they takes advantage to other but they can't fool everyone because people are learning they are not an idiot for the rest of their life. That's why you have make a wise decision every time if you are in a doubt.

[chris200x9]

Second week and I'm straight back in the black:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-3-week-2-of-52

Glad you have recovered and got some profit from your investment but the sad thing is, bitcoin value is down a lot for now.

Bitcoin prices are nothing to do with casino bankroll investments. I don't see any of them are down currently.

These diversifications will be going proof that best way to invest in casino bankrolls. He has made a good profit in last one year and this thread has given some ideas for new investors make up their mind.