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Author Topic: Bitcoin Gambling Investments  (Read 47260 times)
SparkedDev
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October 25, 2016, 09:17:39 AM
 #381

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.



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October 25, 2016, 10:42:48 AM
 #382

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley

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October 25, 2016, 12:48:31 PM
 #383

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

.
.Duelbits.
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October 25, 2016, 12:52:08 PM
 #384

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

All investment is a good thing. But if we think well then the investment is not just a matter of we have the capital, but the problem we have a brilliant thought. Many people who have capital but confused in their spending money (investment) and there are people who have little capital but those adept at doing so. So, not always the capital becomes important in investment
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October 25, 2016, 01:59:17 PM
 #385

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

if we can find one or several gambling site which has good reputable then our investment can work for us, but if not, we only get scammed, and its happen for now so better we careful when we want to select a gambling sites.

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October 25, 2016, 03:50:27 PM
 #386

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

That is why people say that the rich get richer and the poor get poorer. This is because the rich have capital and use their spare cash to work for more money. While the poor will stuck in the rat race where they have to work forever to feed themselves and to get a roof over your head.
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October 26, 2016, 02:41:36 AM
 #387

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

That is why people say that the rich get richer and the poor get poorer. This is because the rich have capital and use their spare cash to work for more money. While the poor will stuck in the rat race where they have to work forever to feed themselves and to get a roof over your head.
Yeah, but try to think of it, most poor or average people has the opportunity to invest in gambling sites as well since the minimum requirement to invest is not so big compared to non bitcoin casinos, but there is just something with the attitude of this people that they would rather gamble their money than invest as they do not want to wait longer to make profit.

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October 26, 2016, 02:57:17 AM
 #388

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

That is why people say that the rich get richer and the poor get poorer. This is because the rich have capital and use their spare cash to work for more money. While the poor will stuck in the rat race where they have to work forever to feed themselves and to get a roof over your head.
Yeah, but try to think of it, most poor or average people has the opportunity to invest in gambling sites as well since the minimum requirement to invest is not so big compared to non bitcoin casinos, but there is just something with the attitude of this people that they would rather gamble their money than invest as they do not want to wait longer to make profit.

That is true. Everyone want to become rich very fast and don't have the patience to grow their investments. People know only rich get richer, but they don't know how they become rich. In their family, someone might have sacrificed all his enjoyments to become rich and the next generations are enjoying those benifits. In short no, hard work and smart work can't become rich so easily.
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October 26, 2016, 12:36:45 PM
 #389

Oh yeah many can be pretty profitable something people should look at is short term you might have some loses but long term investments will more then likely be profitable.
Because in the end the house always wins, for every big win it normally stimulates bets. And in most cases you see people lose back those big wins.

Counting on it Smiley
That's definitely the main reason why it is really good to invest in gambling sites, if only all the gambling sites we put our money in will stay in operation longer and will not our investment, life is so easy as long as we have a decent capital to invest.

That is why people say that the rich get richer and the poor get poorer. This is because the rich have capital and use their spare cash to work for more money. While the poor will stuck in the rat race where they have to work forever to feed themselves and to get a roof over your head.
Yeah, but try to think of it, most poor or average people has the opportunity to invest in gambling sites as well since the minimum requirement to invest is not so big compared to non bitcoin casinos, but there is just something with the attitude of this people that they would rather gamble their money than invest as they do not want to wait longer to make profit.

That is true. Everyone want to become rich very fast and don't have the patience to grow their investments. People know only rich get richer, but they don't know how they become rich. In their family, someone might have sacrificed all his enjoyments to become rich and the next generations are enjoying those benifits. In short no, hard work and smart work can't become rich so easily.
It could happen if we will not teach our kids on how  to value the money we earn thru hard work. Sometimes because of our love we fail to discipline them and we give them all their wants just to show our love for them.

And since we are just humans, we will die and our children will take over, and let us hope this kids that will manage our wealth will not be addicted in gambling as our wealth that we save for many years might be gone easily just for one night.

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October 29, 2016, 05:26:23 AM
 #390

So a lot has changed over the last week with our investments. We have been very disappointed by Satoshi Dice and MoneyPot for nearly 3 months now and we see no signs why they will get any better. As such we do not believe they are worth investing in at this time and have pulled our money out.

MoneyPot was slightly negative and Satoshi Dice was slightly positive which gave us approximately 2 Bitcoins in total when we withdraw. We have now decided to invest 1.25 Bitcoins in Bitvest and the remaining 0.75 Bitcoins into SafeDice. This may seem illogical putting an extra 0.75 Bitcoins into SafeDice but please note our team already has significant investments outside of this experiment in the other sites that are performing very well.

So without further ado here is the latest summary after 2 months and 3 weeks:



If you want to read our review of Bitvest go here: http://bitcoingamblingreviews.com/bitvest/

what a fuckn scum. so you are angry that people aint loosing on the 2 sites right?

wtf man

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October 29, 2016, 05:30:24 AM
 #391

2 months and 2 weeks in:



Satoshi Dice and MoneyPot continue to disappoint.

On a USD Basis the $3,000 I investment I started with (buying 5 bitcoins at $600 each) is now worth $3,773 (with bitcoin currently at 641 each). Great result so far Smiley

so this idiot is one of those idiots that likes to see guys loose huh. fcuk ya man

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October 29, 2016, 09:27:26 AM
 #392

2 months and 2 weeks in:



Satoshi Dice and MoneyPot continue to disappoint.

On a USD Basis the $3,000 I investment I started with (buying 5 bitcoins at $600 each) is now worth $3,773 (with bitcoin currently at 641 each). Great result so far Smiley

so this idiot is one of those idiots that likes to see guys loose huh. fcuk ya man

Why so mad? Are you not happy that some of these top casinos accept investors? You are a complete idiot and you need some fixings in life. It is plain and simple that when you lost you won't be that much happy unless you just bet what you can afford to lost and mostly for entertainment purposes. The investors gambled too, they are just siding with the house edge which is actually not that high.
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October 29, 2016, 12:14:01 PM
 #393

Nice return in BetKing. I never tried to invest there. I invested in moneypot for the second time around recently, I waited for 3 weeks but the result was still negative on my part. I agree with you that it seems to be not that profitable these days. I also divested my money there. Thank you for the updates on this thread.

Moneypot not only for last few weeks but since last few months, the returns are negative. It used to give a good profit to investors but now don't know what is wrong for last few months. It 's good to wait and see until they do something to bring profits to investors. So if we diversify our investments then we can average down our losses.
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October 29, 2016, 02:04:18 PM
 #394

It seems like Betking profits have been slowing down a bit lately. Also total bets on this casino diminished greatly: I was wondering if this is connected with the BTC price surge. It could be that people need their bitcoins now
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October 29, 2016, 02:24:07 PM
 #395

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%


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October 29, 2016, 02:27:10 PM
 #396

It seems like Betking profits have been slowing down a bit lately. Also total bets on this casino diminished greatly: I was wondering if this is connected with the BTC price surge. It could be that people need their bitcoins now
There's no connection with the price increase because we are just talking here of the figures but not the value of bitcoin and if you notice the profitability has decrease then I would say that is just normal as gambling sites does not win all the time like people are thinking.

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October 29, 2016, 04:38:20 PM
 #397

Moneypot was a horrible investment anyway. I tried it out and it never did well at all. It was better to do slight trades or other investments that were alot safer. Betking is doing really well hey. I think next year I might invest a bit. I'm very impressed with them the other 2 are good as well.

 
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October 29, 2016, 04:38:58 PM
 #398

What kelly do you use for betking?

Can you please add the kelly to the table? Imo it's an important information.

-
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October 29, 2016, 05:12:01 PM
 #399

Moneypot was a horrible investment anyway. I tried it out and it never did well at all. It was better to do slight trades or other investments that were alot safer. Betking is doing really well hey. I think next year I might invest a bit. I'm very impressed with them the other 2 are good as well.
You are not just one who talks about the disappointing story of moneypot investments. Unfortunately when gamblers make profits, gambling house owners and its investors get disappointments, when we are having probably fair system, this kind of situations are inevitable.

I believe, like me there would be many people will be very much eager to hear your experience with betking. If time permits, please share here your investments experience here again.
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October 29, 2016, 05:38:01 PM
 #400

What kelly do you use for betking?

Can you please add the kelly to the table? Imo it's an important information.

Good idea, I will add to the next blog post.

We always max the kelly if possible, however for BetKing there is no choice, it is set by the site and is currently 4x.

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