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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
SparkedDev
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November 13, 2016, 06:26:34 PM
 #501

Well in bitvests case the bankroll recently exploded and most the profit was earned with a lower bank roll, 20 btc of the profit was the guy who beat the profit but the profit is already back to 1/3+ what it was in a very fast time.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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November 13, 2016, 08:27:14 PM
 #502

This week the potential  sale of BetKing has started.
Do you have contact to the owners? Did they consider selling the business in an ICO?

There is an email address in the article to contact the owner  Wink

What is an ICO?

Creating a coin and selling the coins at a certain starting value.

There you, well I highly doubt he would be up for that!

That unfortunately wouldn't be an option due to some shitty regulation Smiley (I've spoke with lawyer about that option in past)
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November 13, 2016, 09:41:19 PM
 #503

The results are good. It is very encouraging to new comers to the bitcoin game and to investing.
I also tried moneypot and they pretty useless. Like only a few % over such a long time its ridiculous .
Now I see tour results so I know where to invest. Great advertising for these sites as well.

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November 13, 2016, 09:53:07 PM
 #504

This week the potential  sale of BetKing has started.
Do you have contact to the owners? Did they consider selling the business in an ICO?

There is an email address in the article to contact the owner  Wink

What is an ICO?
You missed a huge hype that is still running. How do I summary this... The way that clever people do a fundraiser to collect coins worth 10 million USD or so in a short term nowadays. Was also very profitable for so called ICO flippers in past. Getting more difficult now. Anyhow. If you are interested in high risk investments such as bankroll investments, I bet you will be interested in ICOs. And I doubt many speculators / investors from around here would disagree with me.

google: initial coin offering bitcointalk
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November 13, 2016, 10:10:16 PM
 #505

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
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November 14, 2016, 08:28:47 AM
 #506

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
How would your regret for a 16.24% growth of your money, do you think gambling sites are not gonna protect their business and will just let it hack by an idiots? I guess not, they are making money regularly so they need to protect their investment and reputation as well.

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November 14, 2016, 08:42:41 AM
 #507

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
How would your regret for a 16.24% growth of your money, do you think gambling sites are not gonna protect their business and will just let it hack by an idiots? I guess not, they are making money regularly so they need to protect their investment and reputation as well.

well you are wrong on multiple fronts.
first of all it is still investing in a gambling site and it is related to gambling so it is still risky because a whale can come along and win big time and make you lose as an investor just like what you can see on money pot, satoshi dice and bitvest and i say 3 out of 5 negative is pretty bad stats.
and also about the hack i have to say it has happened before and there were exploits that happened which lead to big losses.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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November 14, 2016, 08:53:30 AM
Last edit: November 14, 2016, 09:04:13 AM by tee-rex
 #508

3 months and 2 weeks in:



Up nearly 0.2 Bitcoins over the last week.

This week the potential  sale of BetKing has started. This may have an impact on betting volumes and the bankroll, but only time will tell.

Bitvest seems to have been a total disaster last week. If it gets removed, only three casinos will remain, and we are just 3 months into this adventure. I think it would make some sense to add more casinos and pour some money into them.

As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.

I don't know why the owner of Betking is going to sell his business, but one thing that I know for sure is that if a business is profitable you can sell it for a higher price.
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November 14, 2016, 08:57:10 AM
 #509

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
investment in the world of gambling does require courage. because every action we take will create different results. we should be able to find a safe and reliable, because gambling is a risky game.
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November 14, 2016, 09:25:50 AM
 #510

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
investment in the world of gambling does require courage. because every action we take will create different results. we should be able to find a safe and reliable, because gambling is a risky game.

I agree that gambling is a risky but investing on casinos bankroll is not that much risky. Because you can diversify your money and invest in few good sites then you may not lose all your money suddenly like in gambling. But investing in gambling is high risk so if you can't take that risk then don't invest in it.
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November 14, 2016, 09:38:35 AM
 #511

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
investment in the world of gambling does require courage. because every action we take will create different results. we should be able to find a safe and reliable, because gambling is a risky game.

I agree that gambling is a risky but investing on casinos bankroll is not that much risky. Because you can diversify your money and invest in few good sites then you may not lose all your money suddenly like in gambling. But investing in gambling is high risk so if you can't take that risk then don't invest in it.


How can you say its not risky? Do you try to invest on their? Actually we cannot say that investing at casino is not much risky since house is prone to lose also gamblers will actually win the jackpot and that can actually wreck your investment on the site you are investing at, but we can really say that we are on the advantage side since house mostly dominate the wins among the gamblers who's playing on.

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November 14, 2016, 09:42:10 AM
 #512

This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
investment in the world of gambling does require courage. because every action we take will create different results. we should be able to find a safe and reliable, because gambling is a risky game.

I agree that gambling is a risky but investing on casinos bankroll is not that much risky. Because you can diversify your money and invest in few good sites then you may not lose all your money suddenly like in gambling. But investing in gambling is high risk so if you can't take that risk then don't invest in it.

I wouldn't even call gambling like dice an investment at all simply because this kind of gambling where the house has an edge over you is a losing game absolutely in the long term. Why would anyone ever consider an idea of investing into something if he knew in advance that he is predetermined to lose in the end? Investing is not gambling, and investing in gambling is like investing in lottery.
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November 14, 2016, 10:04:33 AM
 #513

3 months and 2 weeks in:

Up nearly 0.2 Bitcoins over the last week.

This week the potential  sale of BetKing has started. This may have an impact on betting volumes and the bankroll, but only time will tell.

Bitvest seems to have been a total disaster last week. If it gets removed, only three casinos will remain, and we are just 3 months into this adventure. I think it would make some sense to add more casinos and pour some money into them.

As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.

I don't know why the owner of Betking is going to sell his business, but one thing that I know for sure is that if a business is profitable you can sell it for a higher price.

Where else would you invest if Bitvest was withdrawn?

Not a lot of good options around...
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November 14, 2016, 10:14:48 AM
 #514

So I just withdraw my Betking investment after 35 days because I don't have enough btc and I want to participate on the coming Wings DAO ICO. I will invest back again soon. It's funny though as I thought what's written in the "my profit" is the amount I gained. So I guess it's just the highest profit I reached before and when I invest again and reach the same roi I won't be charged with a commission.

So for my 35 days Crypto-Games is at 6.28% and Betking at 4.20%. My 27 days old Monero investment in Crypto-Games is at 15.60%. I heard someone that Safedice's Monero investments are getting higher than what I get. Would be nice to hear from other people.  Grin Grin  
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November 14, 2016, 10:16:31 AM
 #515

3 months and 2 weeks in:

Up nearly 0.2 Bitcoins over the last week.

This week the potential  sale of BetKing has started. This may have an impact on betting volumes and the bankroll, but only time will tell.

Bitvest seems to have been a total disaster last week. If it gets removed, only three casinos will remain, and we are just 3 months into this adventure. I think it would make some sense to add more casinos and pour some money into them.

As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.

I don't know why the owner of Betking is going to sell his business, but one thing that I know for sure is that if a business is profitable you can sell it for a higher price.

Where else would you invest if Bitvest was withdrawn?

Not a lot of good options around...
bitdice.me can be a good option i think, the site has been up for long time. it just needs lots of advertisement or promotions.
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November 14, 2016, 10:17:59 AM
 #516

So I just withdraw my Betking investment after 35 days because I don't have enough btc and I want to participate on the coming Wings DAO ICO. I will invest back again soon. It's funny though as I thought what's written in the "my profit" is the amount I gained. So I guess it's just the highest profit I reached before and when I invest again and reach the same roi I won't be charged with a commission.

So for my 35 days Crypto-Games is at 6.28% and Betking at 4.20%. My 27 days old Monero investment in Crypto-Games is at 15.60%. I heard someone that Safedice's Monero investments are getting higher than what I get. Would be nice to hear from other people.  Grin Grin  

Profit is the profit from player losses (minus wins) before commission (wagered and weekly)

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November 15, 2016, 09:58:26 PM
 #517

As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.
Sometimes people sell their successful businesses because they want an out of all the troubles of managing a successful business and want to relax and enjoy the life.

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November 16, 2016, 08:16:05 AM
 #518

As expected Betking have more high ROI but didn't understand why owner want to sell that profitable business, as I remembered in past he asked for that but nobody offered good price like what he demand and now I think it will be hard for it to get good offer again.
Sometimes people sell their successful businesses because they want an out of all the troubles of managing a successful business and want to relax and enjoy the life.
Most probably he is tired of making money or already contented with the amount he is getting from gambling. We are just speculating here maybe once in for all you ask the betking admin why sell the profitable business? Grin Grin Grin

If only I have the money then probably I will buy it, anyway where's the link telling that it's for sale.

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V1saya
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November 16, 2016, 08:27:10 AM
 #519

So I just withdraw my Betking investment after 35 days because I don't have enough btc and I want to participate on the coming Wings DAO ICO. I will invest back again soon. It's funny though as I thought what's written in the "my profit" is the amount I gained. So I guess it's just the highest profit I reached before and when I invest again and reach the same roi I won't be charged with a commission.

So for my 35 days Crypto-Games is at 6.28% and Betking at 4.20%. My 27 days old Monero investment in Crypto-Games is at 15.60%. I heard someone that Safedice's Monero investments are getting higher than what I get. Would be nice to hear from other people.  Grin Grin  

Profit is the profit from player losses (minus wins) before commission (wagered and weekly)



Thanks for the clarification. Good luck with the sale and hopefully some dedicated rich guy/group will assume it.

Meanwhile Crypto-Games announced that they will cut from 80% to 70% share on the house edge starting December 1. Seems lie they working for something big? I don't mind it though for as long as I can see a better Crypto-Games soon.

Anybody here tried investing other altcoins on these top casinos?   
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November 16, 2016, 08:56:08 AM
 #520

So I just withdraw my Betking investment after 35 days because I don't have enough btc and I want to participate on the coming Wings DAO ICO. I will invest back again soon. It's funny though as I thought what's written in the "my profit" is the amount I gained. So I guess it's just the highest profit I reached before and when I invest again and reach the same roi I won't be charged with a commission.

So for my 35 days Crypto-Games is at 6.28% and Betking at 4.20%. My 27 days old Monero investment in Crypto-Games is at 15.60%. I heard someone that Safedice's Monero investments are getting higher than what I get. Would be nice to hear from other people.  Grin Grin  

Profit is the profit from player losses (minus wins) before commission (wagered and weekly)



Thanks for the clarification. Good luck with the sale and hopefully some dedicated rich guy/group will assume it.

Meanwhile Crypto-Games announced that they will cut from 80% to 70% share on the house edge starting December 1. Seems lie they working for something big? I don't mind it though for as long as I can see a better Crypto-Games soon.

Anybody here tried investing other altcoins on these top casinos?   
That's a management decision and we are just investors here, we comply with the rules but what is important here is a site is profitable and we are sharing on the profits. There are a lot of sites really that will accept altcoins as investment but as a real investor it's your job to look for it and conduct a deep investigation.

R


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