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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
szpalata
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November 20, 2017, 10:01:43 AM
 #1401

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

That was why i will always miss directbet.eu because they were offering a better service  for online gamblers especially we of the sports betting world and we needn't necessarily had to save our funds on their website but have it transferred from the wallet to fund the bet and the won bets are also paid directly to you with hustle. That's the best way to go if not for bitcoin's huge fees but they were offering other alts also.
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coingamblingreviews (OP)
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November 23, 2017, 05:15:08 AM
 #1402

Week 12 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-13-week-12-of-52

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November 23, 2017, 08:15:07 AM
 #1403


according to your update on steemit, i see your investment is increase although in betking and bitdice is decrease. but i see the progress on other site is good and your amount is increase.

sometimes our investment can work if the house is win but in other time it can decrease as we can see on the report. but i think the house will not lose and the house will reach the winning again so you can get profit again with them.



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daringdiscovered
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November 23, 2017, 01:22:19 PM
 #1404

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 agree, it is still like you are playing gambling, there is no guarantee that you could have something in return if you are going to invest on gambling sites. If I were you, I'm going to invest my money to bitcoin rather than to those risky investment sites, at least in bitcoin, you are sure that you could have something in return in the long run because the price is fluctuating most of the time.
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November 27, 2017, 12:16:18 AM
 #1405


according to your update on steemit, i see your investment is increase although in betking and bitdice is decrease. but i see the progress on other site is good and your amount is increase.

sometimes our investment can work if the house is win but in other time it can decrease as we can see on the report. but i think the house will not lose and the house will reach the winning again so you can get profit again with them.

As long as the result is still on profit, I do not think that OP really care about it though. In the end he still got his good profit. In the end house will profit so there is always profitable for us but the matter here is about the bankroll we have and the leverage we use. I just wondering how much leverage that OP used since he got so much negative on betking
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November 27, 2017, 12:37:49 AM
 #1406


according to your update on steemit, i see your investment is increase although in betking and bitdice is decrease. but i see the progress on other site is good and your amount is increase.

sometimes our investment can work if the house is win but in other time it can decrease as we can see on the report. but i think the house will not lose and the house will reach the winning again so you can get profit again with them.

As long as the result is still on profit, I do not think that OP really care about it though. In the end he still got his good profit. In the end house will profit so there is always profitable for us but the matter here is about the bankroll we have and the leverage we use. I just wondering how much leverage that OP used since he got so much negative on betking
That's what everybody wants, is to have the positive profit in everything. That's how we humans are and it's true, we always want to benefit from everything that we do. The house always has an edge because they want to profit too. It's just that we could take advantage of it by not playing too much because if you do, you might get losses in the long run and we don't want that to happen right (as a player). If an investor, probably would want that so the house profits.

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November 27, 2017, 06:10:09 AM
 #1407


according to your update on steemit, i see your investment is increase although in betking and bitdice is decrease. but i see the progress on other site is good and your amount is increase.

sometimes our investment can work if the house is win but in other time it can decrease as we can see on the report. but i think the house will not lose and the house will reach the winning again so you can get profit again with them.

As long as the result is still on profit, I do not think that OP really care about it though. In the end he still got his good profit. In the end house will profit so there is always profitable for us but the matter here is about the bankroll we have and the leverage we use. I just wondering how much leverage that OP used since he got so much negative on betking

Betking token prices now decided by demand and supply in the market. I don't think is there any option to leverage in Betking tokens. 35% loss from Betking and 20% loss from Bitdice. If these two bankrolls recover the losses then OP will make a quite decent profit. Today Bitdice gained around 19% means OP should be in a profit this week.
daringdiscovered
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November 27, 2017, 08:23:47 AM
 #1408

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

I agree, even though it is an investment, we are still talking about gambling here, I could only be unflappable if we are going to talk here about investing our money on bitcoin, because at least in that, we could assure ourselves that we could make profits on holding our bitcoins in the long run, but in gambling? I don't think so.
patrickj
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November 27, 2017, 11:03:33 AM
 #1409

I may say that bitcoin gambling is not a type of investments because it is created to gambled your money. They say it is investment because they gain profits when they win lots of money. You can't even know that every time you gamble and win huge money, will caused you to addiction.

This may be the disadvantage, 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 have 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.
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November 27, 2017, 11:20:27 AM
 #1410

I may say that bitcoin gambling is not a type of investments because it is created to gambled your money. They say it is investment because they gain profits when they win lots of money. You can't even know that every time you gamble and win huge money, will caused you to addiction.

This may be the disadvantage, 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 have 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.


There are some gambling sites that allow us to participate in their bankroll. We will get a share of the profits according to the established rules. This is the investment we are talking about.

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November 27, 2017, 11:31:12 AM
 #1411

In bitcoin gambling I think there will be same risk as other also it saying as investment I dint get the logic of it I consider this one as gambling only. I agree opinions differ but the concept of the project might not if I am not wrong. Nothing change all of the sudden gambling lead us to make profit also loss end of the day it all about good returns to the investors is expected.

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November 29, 2017, 10:35:36 PM
 #1412

Week 13 Bitcoin Casino Investments Report:


https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-14-week-13-of-52

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November 29, 2017, 11:03:47 PM
 #1413

I was waiting for an image to load until I realized that you didn't put an image on it.  Grin you've been stuck in the middle of Betking and Bitdice. And you did more loss than last week, I hope that you can recover these losses soon.

In bitcoin gambling I think there will be same risk as other also it saying as investment I dint get the logic of it I consider this one as gambling only. I agree opinions differ but the concept of the project might not if I am not wrong. Nothing change all of the sudden gambling lead us to make profit also loss end of the day it all about good returns to the investors is expected.
When you gambling there is risk and when you invest there is also risk so there's no difference from the both of it.

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December 02, 2017, 12:05:37 PM
 #1414

I was waiting for an image to load until I realized that you didn't put an image on it.  Grin you've been stuck in the middle of Betking and Bitdice. And you did more loss than last week, I hope that you can recover these losses soon.

In bitcoin gambling I think there will be same risk as other also it saying as investment I dint get the logic of it I consider this one as gambling only. I agree opinions differ but the concept of the project might not if I am not wrong. Nothing change all of the sudden gambling lead us to make profit also loss end of the day it all about good returns to the investors is expected.
When you gambling there is risk and when you invest there is also risk so there's no difference from the both of it.
Lol, There is a big difference in these two method of making money. When you gamble, you cannot sue nay of your strategies rather you are totally deponent on your luck for making good money whereas when you make investments, you do some good research before investing your money into anything and you do use your strategies in investing money for improving your profits. I prefer investing over gambling.

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December 02, 2017, 05:31:26 PM
 #1415

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.

Well, it is risky investment but this thread come in 2016, and in that time bitcoin has no highest price. Bitcoin was under $1000 and people did this investment and got profit, but now it is really risky way and i also prefer to hold bitcoin instead of invest in anywhere. Because everyday we get different and higher price then holding is save way and get profit without investment. 

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December 02, 2017, 06:40:39 PM
 #1416

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.

Well, it is risky investment but this thread come in 2016, and in that time bitcoin has no highest price. Bitcoin was under $1000 and people did this investment and got profit, but now it is really risky way and i also prefer to hold bitcoin instead of invest in anywhere. Because everyday we get different and higher price then holding is save way and get profit without investment. 
Even i think this a bit risky because the thread is more than 1 year old and the price have changed a lot. Also you truely mentioned that we can have good profits just by holding bitcoins without actually investing them in any riskier scheme. We can try our luck somewhere else to keep our money safe.
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December 02, 2017, 08:19:43 PM
 #1417

The nonsense is that people call buying bitcoin an investment when its nothing close to that, so this is not comparable.  Bitcoin has no yield, some proof of stake coins give a yield because they are part of a network that handle transactions but that also requires an active online wallet 24/7.  Hence it fits the normal idea of investment, cost or risk vs returns.

This is a proper investment and its likely giving a positive bias to holding bitcoin which people are wanting to do anyway.   There is risk to the investment but in this case they spread over more then one holding to distribute it.   The main risks remaining are bitcoin itself might fall into less demand from any number of factors or restrictions and the other risk is that gambling is less popular.   Gambling is a long term business fairly reliable in its demand so its a very reasonable holding seems to me, the only negative is really the length of time it requires to put in and take out.  
 Alot of people are using cash which they dont really have spare or to lose, so they need to stay liquid I think thats why many will not want to be involved but thats not the fault of the investment itself.

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December 03, 2017, 03:54:15 PM
 #1418

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.

Well, it is risky investment but this thread come in 2016, and in that time bitcoin has no highest price. Bitcoin was under $1000 and people did this investment and got profit, but now it is really risky way and i also prefer to hold bitcoin instead of invest in anywhere. Because everyday we get different and higher price then holding is save way and get profit without investment. 
Even i think this a bit risky because the thread is more than 1 year old and the price have changed a lot. Also you truely mentioned that we can have good profits just by holding bitcoins without actually investing them in any riskier scheme. We can try our luck somewhere else to keep our money safe.

When you say investment, you can't say that it's risky here and risky there. That's a given fact whichever investment you're delving in. And investing in casinos for me is less risky than others because you'll never run out of gamblers.

 
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December 03, 2017, 10:16:18 PM
 #1419

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.

Well, it is risky investment but this thread come in 2016, and in that time bitcoin has no highest price. Bitcoin was under $1000 and people did this investment and got profit, but now it is really risky way and i also prefer to hold bitcoin instead of invest in anywhere. Because everyday we get different and higher price then holding is save way and get profit without investment. 
Even i think this a bit risky because the thread is more than 1 year old and the price have changed a lot. Also you truely mentioned that we can have good profits just by holding bitcoins without actually investing them in any riskier scheme. We can try our luck somewhere else to keep our money safe.

When you say investment, you can't say that it's risky here and risky there. That's a given fact whichever investment you're delving in. And investing in casinos for me is less risky than others because you'll never run out of gamblers.

Precisely and since the house always have the edge you will never run out of profit either and so i agree with you that investment in casinos and many other gambling websites may turn out  to be the best option out there than rather going in to gamble against the house.
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December 06, 2017, 07:06:15 PM
 #1420

Any update on those results or did you stop investing?
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