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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
hua_hui
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November 02, 2016, 12:22:40 PM
 #421

Bitcoin Gambling Investment Returns after 3 months:

http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/

Slightly down over the month but on a USD basis, up over 37%



I have to say that you made a very smart move in diversing your investment in moneypot. Recently moneypot has lost almost all its investor money by having lose like 230btc within a month! I have lost quite an amount but thanks to your tracking that i have managed to divert out with only 9% losses, otherwise i would have lost like 90%.

There you go, more luck than anything from our part! Just didn't see any signs of improvement there...

Although not much improvement but you already have escape from the huge losses in moneypot. If you still hold onto your moneypot, your 1btc would be like 0.5btc or even less. 230btc within a month is crazy.
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November 02, 2016, 03:11:57 PM
 #422

Bitcoin Gambling Investment Returns after 3 months:

http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/

Slightly down over the month but on a USD basis, up over 37%


I have to say that you made a very smart move in diversing your investment in moneypot. Recently moneypot has lost almost all its investor money by having lose like 230btc within a month! I have lost quite an amount but thanks to your tracking that i have managed to divert out with only 9% losses, otherwise i would have lost like 90%.

There you go, more luck than anything from our part! Just didn't see any signs of improvement there...

Although not much improvement but you already have escape from the huge losses in moneypot. If you still hold onto your moneypot, your 1btc would be like 0.5btc or even less. 230btc within a month is crazy.

Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
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November 02, 2016, 03:44:00 PM
 #423

this is such a nice topic here which is pretty helpful for finding a good place to invest and know the ups and downs about it. thank you for providing this publicly.

can you replace those two "discontinued" casinos with two new casino and invest in two new places instead of those?

There is a FOMO brewing...
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November 02, 2016, 07:56:21 PM
 #424

Casinos that are taking in investments these days should have proof of liabilities its a way for you to track all the funds in the site.
Something that looks similar to this. https://bitvest.io/liabilities if it don't have it you don't know if they have what they say they have.

Agreed, it has to be the new standard.

It's not a new thing at all. Just Dice was proving it years ago and BetKing used to.

We don't now because:
1) We don't need to now. I spent > 3.5 years building trust here. If you don't trust me don't invest, we already have 6300 invested.

2) The reason we don't have all funds in one address is actually because players would have accounts closed on Coinbase and exchange sites because they could track the withdrawals from gambling sites that prove funds.

I think any new site asking for investment that has not proven to be trustworthy, like bitvest, they should show proof of funds. I wouldn't invest in small sites that didn't.

But a site like BetKing or say Just Dice I don't see the need.







Wow! So cool to see Betking here. Sir as the largest casino (correct me if i'm wrong) in the crypto world are you not interested in adding some few coins? Or consider other games or even sportsbetting?

I think they are making way too much money with other coins to need to worry about that! haha

It's certainly not a top priority since if you look at the wagered volume of all alt coins on other sites it is very low.
However the new site is being built with multi currency support built in from the start so that if we do decide to add a new coin or currency we can.


Great. Looking forward to that big updates soon. I think I read something in the main thread that there are possible additional games like poker and some sports.
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November 03, 2016, 02:38:30 AM
 #425

this is such a nice topic here which is pretty helpful for finding a good place to invest and know the ups and downs about it. thank you for providing this publicly.

can you replace those two "discontinued" casinos with two new casino and invest in two new places instead of those?

We moved the money to SafeDice and Bitvest.io.

You should read the full details on the blog post as on the thread we just give brief high level details:

http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/

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November 03, 2016, 03:06:34 AM
 #426

this is such a nice topic here which is pretty helpful for finding a good place to invest and know the ups and downs about it. thank you for providing this publicly.

can you replace those two "discontinued" casinos with two new casino and invest in two new places instead of those?

We moved the money to SafeDice and Bitvest.io.

You should read the full details on the blog post as on the thread we just give brief high level details:

http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/
Yup this is a good move, and the Safe Dice and Bitvest sites are in good position, They are making a good profit in since last few weeks. I think you may get some big profit from these two sites. I am waiting for next updates. I believe that this time you will cross some significant margin. All the best.
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November 03, 2016, 03:40:40 AM
 #427

this is the most stupid post i have ever read. a full blown moron happy to see gamblers loose. wtf

I REVIEW BTC CASINOS
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November 03, 2016, 06:13:13 AM
 #428

this is such a nice topic here which is pretty helpful for finding a good place to invest and know the ups and downs about it. thank you for providing this publicly.

can you replace those two "discontinued" casinos with two new casino and invest in two new places instead of those?

We moved the money to SafeDice and Bitvest.io.

You should read the full details on the blog post as on the thread we just give brief high level details:

http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/
Yup this is a good move, and the Safe Dice and Bitvest sites are in good position, They are making a good profit in since last few weeks. I think you may get some big profit from these two sites. I am waiting for next updates. I believe that this time you will cross some significant margin. All the best.

Thanks Smiley Let' see how it goes!

Looks like the rise in the price of Bitcoin will beat the rise in earnings this month!

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November 04, 2016, 09:59:28 PM
 #429

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.
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November 04, 2016, 10:24:06 PM
 #430

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

I'm also curious about this. Is there an exit point, based on profit or loss?
I think that is quite important in investments but I found no info about that on this thread. I can only see the time period on the thread. Is that it?
No matter your profit or losses, you keep it for a month?

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November 04, 2016, 10:50:42 PM
 #431

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

I'm also curious about this. Is there an exit point, based on profit or loss?
I think that is quite important in investments but I found no info about that on this thread. I can only see the time period on the thread. Is that it?
No matter your profit or losses, you keep it for a month?

All we do in gambling in General is a huge disadvantage, since gambling is indeed a business and every business will definitely seek a profit anyway or trick, way. They provide comfort and also a lie to us all, but did not close the possibility they also give a good game but only those who can make the game well which will benefit. So also with the investment, if they could choose where a good investment then the profit they would get
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November 05, 2016, 01:03:12 AM
 #432

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

You need to read the rules on each site, they are always in the FAQ section.

Most sites do not have a minimum period. CryptoGames charge a small fee for early divestment but that's it from the sites on this list.
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November 05, 2016, 01:09:53 AM
 #433

Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
As far as I understand it is not exactly real scientific experiment where you continue with it no matter how bad are the results.
The money are real here and it is rather logical to cease contracts that are not profitable anymore and will instead generate losses.
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November 05, 2016, 05:56:43 AM
 #434

Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
As far as I understand it is not exactly real scientific experiment where you continue with it no matter how bad are the results.
The money are real here and it is rather logical to cease contracts that are not profitable anymore and will instead generate losses.
We should give some time on gambling sites that are not yet profitable for you as the saying will always happen which gamblers loses in the long run. It's a long journey for sure and you are lucky to have that great return in a short period of time.

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November 05, 2016, 06:23:24 AM
 #435

Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
As far as I understand it is not exactly real scientific experiment where you continue with it no matter how bad are the results.
The money are real here and it is rather logical to cease contracts that are not profitable anymore and will instead generate losses.
The answer here is why would you still prolong the agony when you are losing already, it will just eat your capital. There more site to invest which will give you profit so give a room for them.

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November 05, 2016, 06:55:38 AM
 #436

Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
As far as I understand it is not exactly real scientific experiment where you continue with it no matter how bad are the results.
The money are real here and it is rather logical to cease contracts that are not profitable anymore and will instead generate losses.

It is not scientific, of course, but shouldn't losing a part of bankroll be kind of expected in some circumstances for such investments? When I last saw the data with the excluded entries while they hadn't yet been removed, they were not generating profits, but I wouldn't say they were incurring serious losses either. If you ask me, it looks more like cherry-picking.

That's the reason why I question this venture now.
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November 05, 2016, 10:21:28 AM
 #437

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

You need to read the rules on each site, they are always in the FAQ section.

Most sites do not have a minimum period. CryptoGames charge a small fee for early divestment but that's it from the sites on this list.

That is not a good rule because as an investor can withdraw their money at any time if they think that site may not perform better. If they forced you to stay for some time then better avoid those sites and invest your money in some other sites. You can have a transaction fee but not early withdrawal fee and force people to invest for longer time.
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November 05, 2016, 10:31:23 AM
 #438

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

You need to read the rules on each site, they are always in the FAQ section.

Most sites do not have a minimum period. CryptoGames charge a small fee for early divestment but that's it from the sites on this list.

That is not a good rule because as an investor can withdraw their money at any time if they think that site may not perform better. If they forced you to stay for some time then better avoid those sites and invest your money in some other sites. You can have a transaction fee but not early withdrawal fee and force people to invest for longer time.

Crypto-Games only charges you a small fee of like .0015 if you're a big investor that won't really hurt your balance. They only charge you those fee if you divest your money there for less than a month or so after that they wont charge any fee.

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November 05, 2016, 10:46:15 AM
 #439

An amazing thread to follow, till the moment you are with almost 20% of profit from your initial investment, one question this bankroll has a minimum period to let the funds deposited or  you can withdraw anytime im getting interested after see the results.

You need to read the rules on each site, they are always in the FAQ section.

Most sites do not have a minimum period. CryptoGames charge a small fee for early divestment but that's it from the sites on this list.

That is not a good rule because as an investor can withdraw their money at any time if they think that site may not perform better. If they forced you to stay for some time then better avoid those sites and invest your money in some other sites. You can have a transaction fee but not early withdrawal fee and force people to invest for longer time.
Nobody is forcing you to stay invested. You only pay 0.3% fee if you want to divest in 1st week, 0.2% divest fee f you divest in 2nd week and 0.1% fee if you divest in 3rd week. If you invest for longer period, you dont pay any divest fees.

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teilwalL05
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November 05, 2016, 12:08:04 PM
 #440

Thanks for the update. Make me want to try out other site to invest too.  And 10% for 5 weeks is already consider very very amazing. In real world, getting 10% per year for investment is very risky and difficult.
That's true so we need also to be careful in investing, we need to learn more so that we can earn here in a long term and we need more patient here because it really takes time, months or years before we can earn huge amount.
There is no fast way in investing in a gambling sites, but the more you invested the better you income, we have seen already on the OP's experiment and he has been profitable even in a short period of time.
Yeah some investors can earn money in a short time but what I am trying to say if you really want to earn huge amount it will really take time for us to earn like millions.
If you want to earn millions of money in investment, you have to put huge money in risk then only it is possible. The OP put around 3000$ in investment, and he is getting 10% of profit in it. So you need more profit then put more money that's it. But you have to be very careful while investing your money. Because we can not judge the market, it may come up or go down in short period.
That's true, always be careful because even investing is risky too but in investment I think it is more safe than gambling, also try to put your money in different kinds of gambling sites so that even if the one goes down, the other goes up! so you are not going to lose all of your money.
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