Bitcoin Gambling Investments

[hua_hui]

4 months and 2 weeks now and we have added KingDice to our investments (took 1 Bitcoin out of Crypto-Games).

I love this thread because it is keeping track of all the btc investment and you inspire me to keep track of my own btc casino investment too. However, the time frame of investment seem to be very short. Btc casino keep changing which i dont think the result is a good reflection of what it can do in the long run.

[1BitcoinMillionaire]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

[ethereumhunter]

so it last three that still active to your investment, i see on the image, safe dice gives you more profit because at least you get more than 0.46 btc in the report. king dice is also interesting, so far you can make more than 0.007 btc. good work sir, i hope that amount still grow.

[hua_hui]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

The ICO has change the whole investment plan. You can no longer cash out when you want to and you are exposed to a lot of problems. I have tried before ICO and all i can say that it is way more risky than what you are seeing right now.

[fullypak]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

This is a good thread for people who want to enter into investing casino bankrolls. Actually, since last few months, overall earnings is not that great but still got decent profits compared to other kinds of investments. The main good thing is diversifying your funds to reduce your losses and to increase your chances of making profit if any one or two sites don't perform as per your expectations.

[mrcash02]

4 months and 2 weeks now and we have added KingDice to our investments (took 1 Bitcoin out of Crypto-Games).

I love this thread because it is keeping track of all the btc investment and you inspire me to keep track of my own btc casino investment too. However, the time frame of investment seem to be very short. Btc casino keep changing which i dont think the result is a good reflection of what it can do in the long run.

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

[lorylore]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

This is a good thread for people who want to enter into investing casino bankrolls. Actually, since last few months, overall earnings is not that great but still got decent profits compared to other kinds of investments. The main good thing is diversifying your funds to reduce your losses and to increase your chances of making profit if any one or two sites don't perform as per your expectations.

As we can see from the chart, a handful of them are not profiting, while some is slowly gaining and there may even have some btc casino is on a bad running state. In general, the house edge will work, but when to time it is impossible, so by investing in the long run than we can see the profit coming in.

[Botnake]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

This is a good thread for people who want to enter into investing casino bankrolls. Actually, since last few months, overall earnings is not that great but still got decent profits compared to other kinds of investments. The main good thing is diversifying your funds to reduce your losses and to increase your chances of making profit if any one or two sites don't perform as per your expectations.

As we can see from the chart, a handful of them are not profiting, while some is slowly gaining and there may even have some btc casino is on a bad running state. In general, the house edge will work, but when to time it is impossible, so by investing in the long run than we can see the profit coming in.

The time being is not the basis for the profitability, investing in bankroll is supposedly not a short term investment but a long term one. You are right, when the gamblers loses in the long run the house wins in the long run, and that reality cannot be argued.

[tee-rex]

Yeah hopefully the invested sites don't change a lot over the future. Unlucky with BetKing, although the ICO is interesting.

Very interested in how KingDice goes...

This is a good thread for people who want to enter into investing casino bankrolls. Actually, since last few months, overall earnings is not that great but still got decent profits compared to other kinds of investments. The main good thing is diversifying your funds to reduce your losses and to increase your chances of making profit if any one or two sites don't perform as per your expectations.

As we can see from the chart, a handful of them are not profiting, while some is slowly gaining and there may even have some btc casino is on a bad running state. In general, the house edge will work, but when to time it is impossible, so by investing in the long run than we can see the profit coming in.

Those will be the winners in the end. The house edge will work of course, but we should also keep in mind that Bitcoin gambling itself may be on the wane. Previously, when there was not much use for Bitcoin, people were more willing to gamble away their easy bitcoins. But now these people seem to have lost all of their stashes already, while the remaining big whales, by which I mean early adopters, are not inclined to gamble at all.

[Dogedigital]

Say you are playing roulette on 2 wheels at the same time and always bet red:
On Wheel 1, you hit 8 reds out of 10.
On Wheel 2, you hit 4 reds out of 10.

You shouldn't quit wheel 2 and play wheel 1 only based on this.

But how do you know that the odds are not skewed favoring more reds than blacks on Wheel 1 and vice versa on Wheel 2? I think after so many spins we will inevitably make our choice in favor of a certain wheel. In regards to casinos, it is not particularly different. You will prefer that casino which gives you most profits, and unlike roulette, the chances that the "odds" are really "skewed" in favor of that casino are higher.

Math and Probability.

[tee-rex]

Say you are playing roulette on 2 wheels at the same time and always bet red:
On Wheel 1, you hit 8 reds out of 10.
On Wheel 2, you hit 4 reds out of 10.

You shouldn't quit wheel 2 and play wheel 1 only based on this.

But how do you know that the odds are not skewed favoring more reds than blacks on Wheel 1 and vice versa on Wheel 2? I think after so many spins we will inevitably make our choice in favor of a certain wheel. In regards to casinos, it is not particularly different. You will prefer that casino which gives you most profits, and unlike roulette, the chances that the "odds" are really "skewed" in favor of that casino are higher.

Math and Probability.

You are not playing an abstract roulette, you are playing at a real roulette table which may distort your probabilities. Likewise, we invest in real casinos, and we don't know what's going on there or how "distorted" their bankroll management can be, beyond the amount of profits and losses that they generate, so we can only praise the winners and curse the losers among them.

By the way, KingDice is closed for maintenance for the second day, at least since when I checked it yesterday.

[coingamblingreviews]

Just about to make our first Bitcoin in Profit!  Great start from KingDice

[Axoz]

to invest in gambling site if there is a minimum to join? eg someone has an 0.1 bitcoin. then he wants to invest in a gambling site. whether it be ?. and when we could take the profit?

[erwin45hacked]

to invest in gambling site if there is a minimum to join? eg someone has an 0.1 bitcoin. then he wants to invest in a gambling site. whether it be ?. and when we could take the profit?

Some site has a minimum amount for you invest however if there is for example already has 1,000 bitcoin invested on the site at 1x kelly then putting less than 0.1 bitcoin will only give you some dust amount. Even at 0.1 bitcoin you are barely getting anything and thats like only 0.01 % of the bankroll

[DrGuns4Hands]

wow i can't believe that you could actually earn profit on investing on gambling sites bankroll but still its a risky decision but betking is awesome gonna try to invest all of my bitcoin on that site maybe i could earn more too if i wait 1 month hope that icould grow my bitcoin there. even it's risky im gonna try it . its not bad to try if you really want to make money go and make an investment. remember money wont grow itself.

[Herbert2020]

wow i can't believe that you could actually earn profit on investing on gambling sites bankroll but still its a risky decision but betking is awesome gonna try to invest all of my bitcoin on that site maybe i could earn more too if i wait 1 month hope that icould grow my bitcoin there. even it's risky im gonna try it . its not bad to try if you really want to make money go and make an investment. remember money wont grow itself.

there is nothing strange that you can not believe here
when you invest in a casino's bankroll you are an investor in the site, in other words you become a partner with the house and as we all know house always wins. but also at the same time there is always a chance that house loses and we have all experienced it with our winning in gambling. but in the long run house always wins.

[tee-rex]

Just about to make our first Bitcoin in Profit!  Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

[Nivir]

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo. 

[coingamblingreviews]

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo. 

haha yeah the bankroll is pretty small at the moment so anyone who invests are seeing a lot of the action!

[raaajlucky]

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo. 

haha yeah the bankroll is pretty small at the moment so anyone who invests are seeing a lot of the action!

If we invest money in well-reputed sites, then we don't worry about our money, because they will not cheat us, and investment will give at least few percentage of profit. Nice work you did not follow your investment, but you made 6% of profit, this will make other people invest on casino sites.