Bitcoin Gambling Investments

[bitgolden]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

It is a real time investment for the owners of the site and probably some people who invest in the bankroll and obviously not an investment for the gamblers.

If you read the article on the first page, you will realize that the amount that is being generated by these owners as profit is not a small amount at all and that is enough to question the fact that people will always gamble, loose and still come back to gamble again.

[1714858121]

1714858121

[JL421]

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

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

Wow man you are making really good profit by just investing many gamblers try to make 0.3 bitcoin just from gambling but always fail your thread should surely be a inspiration for the people out there trying to make money from gambling it is always better to invest

today, because of the low prices on Bitcoin, rates have dropped and I think it's a waste to give Bitcoin to gambling. It seems to me that it is worth a while to wait, when you will put Bitcoin or evil coins in the equivalent of saturated with the amount.

Bitcoin has lost it's price what are you made 6000$ is less for you bitcoin is really high currently and investing is always the best thing to do you make profit by doing nothing and with the price of bitcoin increasing you automatically make more profit

[coingamblingreviews]

Week 9 Bitcoin Casino Investments Report

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-10-week-9-of-52

[MinerHQ]

Week 9 Bitcoin Casino Investments Report

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-10-week-9-of-52

Within a weeks time, you lost more than 10% of your investments. No wonder these investments are called very high-risk type. In Bitdice investment you lost around 35% within a week from 11.2 BTC to 7.465 BTC. Another biggest loss is Betking 23% loss. Since you done good diversification so overall losses are around 9%.

I can't put so many bitcoins in such high-risk investments.

[thinkdifferent]

Week 9 Bitcoin Casino Investments Report

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-10-week-9-of-52

Did you buy all these bitcoins at very low price? 43 Bitcoins costs a lot of money now.

[Oilacris]

Week 9 Bitcoin Casino Investments Report

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-10-week-9-of-52

Within a weeks time, you lost more than 10% of your investments. No wonder these investments are called very high-risk type. In Bitdice investment you lost around 35% within a week from 11.2 BTC to 7.465 BTC. Another biggest loss is Betking 23% loss. Since you done good diversification so overall losses are around 9%.

I can't put so many bitcoins in such high-risk investments.

As ive seen on the chart hes already on negative profits for 9 weeks time for the initial 43 btc investment.I agree on the thing you do said that allocation and diversification did make the situation less worse compared if you did put all either on betking of bitdice. I do see this investments is lesser risk than on playing gambling itself.Negative months are normal on gambling houses which is normal and nothing to be surprised of.

[terrenceschroeder]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

You are totally wrong, sports betting is quite different and if you do your home work well you can make accurate predictions and still win good without any luck. There are a lot of good teams and individual players out there who hardly loose games and  so if you are fond of placing bets involving such entities your wins will always outweigh your losses.

Investment simply is just spending some money and earn profit from it. Gambling is the same . Haha, the first guy think gambling isn't investment ?

[LuanX3]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

You are totally wrong, sports betting is quite different and if you do your home work well you can make accurate predictions and still win good without any luck. There are a lot of good teams and individual players out there who hardly loose games and  so if you are fond of placing bets involving such entities your wins will always outweigh your losses.

Investment simply is just spending some money and earn profit from it. Gambling is the same . Haha, the first guy think gambling isn't investment ?

You're stupid to think this. What you have said is completely wrong, and you should likely try to gamble and trade before you make a statement like this. Since from what you said you seem to be ignorant which is which. You don't spend money in both gambling and investing by the way. You buy to invest and you bet to gamble, spending is nowhere in that definition.

[serjent05]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

It looks like you understood this thread wrongly because here people are discussing on investing in a casino bankrolls not directly gambling.

I do agree that gambling is never considered as an investment instead it is spending for your enjoyment. But if you invest in any of these good bankrolls then it is called high-risk investments, not gambling.

Well i don't believe in spending  for your so-called enjoyment? how can you enjoy while someone takes your money and spend and pays his staff? This a clear cut example of finding reason to explain your losses .

Funny how people keep insisting their own preference to other people's preference.  We should learn that every person is different, a boring thing to one person can be very entertaining to others.  Just have a broad understanding of people and you will understand what I am saying.  I do agree with MinerhHQ on what he had said though.

[coingamblingreviews]

Week 10 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-11-week-10-of-52

[MinerHQ]

Week 10 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-11-week-10-of-52

Slowly recovering your losses. This week Betking overall losses are around 23% but slightly recovered from the last week position. Anyway, you're a good risk taker because I can't take such a risk to invest 43 BTC in casinos bankrolls. Because of diversification, you overall lose are less than 7%. Good luck for you to recover these losses soon.

[thinkdifferent]

Week 10 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-11-week-10-of-52

For 10 weeks 7% profits not bad.

I just started investing in these casinos bankrolls.

[bhadz]

Week 10 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-11-week-10-of-52

You still a lot of percentage to chase with betking and bitdice but you've a nice stats for this week compare to last one.

For 10 weeks 7% profits not bad.

I just started investing in these casinos bankrolls.

It is not that bad and you should follow coingamblingreviews investment for betterment.

[casinolize.com]

We have included invest option on our dice site.  May be you can try at www.casinolize.com

[coingamblingreviews]

Week 11 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-12-week-11-of-52

[mrcash02]

Week 11 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-12-week-11-of-52

Slowly recovering... I believe the traditional casinos will lead you to profit very soon...
About the other two casinos I'm not sure, I expected more about their ICO's results when I firstly heared about that.

Anyway, the experience is very valid and at some point you will make your profit! 
(Following your thread every week).

[michkima]

Week 11 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-12-week-11-of-52

Slowly recovering... I believe the traditional casinos will lead you to profit very soon...
About the other two casinos I'm not sure, I expected more about their ICO's results when I firstly heared about that.

Anyway, the experience is very valid and at some point you will make your profit! 
(Following your thread every week).

I think too that is the usual case in casino investments. Usually you lose some in the short run but generally in the long term the chances are that you will profit from your investments. Sometimes there are some lucky gamblers that win tons of bitcoins in the casino you invested in but most of the time those lucky people get greedy and they end up returning their winnings and even losing more than what they initially won.

[imsotiredofmoviereboots]

These investments are still risky. I would rather hold it because they can freeze your acount whenever they want. If they have just few customers over the time because of a lot of competition which means fewer player and less profits then I doubt that they will ever let you withdraw that in the long run.

[carlisle1]

These investments are still risky. I would rather hold it because they can freeze your acount whenever they want. If they have just few customers over the time because of a lot of competition which means fewer player and less profits then I doubt that they will ever let you withdraw that in the long run.

you got it right what a great observation mate,the players must have the rights to thier own funds and must be given right away whenever they need it or wanting to withdraw.this is not fair for players that invest funds to gamble and will be freezed after.this is not reasonable

[MinerHQ]

These investments are still risky. I would rather hold it because they can freeze your acount whenever they want. If they have just few customers over the time because of a lot of competition which means fewer player and less profits then I doubt that they will ever let you withdraw that in the long run.

you got it right what a great observation mate,the players must have the rights to thier own funds and must be given right away whenever they need it or wanting to withdraw.this is not fair for players that invest funds to gamble and will be freezed after.this is not reasonable

If I'm not wrong OP is talking about investing in casino bankrolls not directly gambling.

These investments are still risky. I would rather hold it because they can freeze your acount whenever they want. If they have just few customers over the time because of a lot of competition which means fewer player and less profits then I doubt that they will ever let you withdraw that in the long run.

I think you have invested in a good old and trusted sites they won't freeze your account simply unless you do something wrong. Because they know that if they run this business for long honestly then they can make a good profit instead of cheating players and investors. All investments will have some risks but these casino investments slightly higher risk so if you want to reduce those risks then don't put all your money in single casino bankroll but split into few good casinos.