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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
retrocoingames
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February 08, 2017, 02:40:39 AM
 #941

These are good sites to put money in but remember to take a profit whenever you reach your target because sometimes big whale win big money means we may need to wait for quite long time to recover those losses. I usually take my profit out after I reach around 15% to 20% profit and continue with principal amount. 


You mean to say, when you do gamble it must have a limits like if I reach 15% profit I must stop, then if I loss 15% I must stop also, then the next day again, is that what your trying to say? That's what I understand to your statement, but I think its a good method anyway.

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February 08, 2017, 03:39:55 AM
 #942

Week 26 is here!

Worth noting we have now added YOLOdice to our investments! We took 1 Bitcoin out of Crypto-Games and Invested it in YOLOdice.

Worth noting that we did it at 10x leverage which is very big, so we expect the returns to be a bumpy ride!

If you have never heard of YOLOdice you can read our review here:

http://bitcoingamblingreviews.com/yolodice/

We also made a video reviewing their site here:

https://www.youtube.com/watch?v=xq9NUITM4Wg

So here is the latest graph and table of current investments:

...



Impressive investments specially in gambling!!! It really shows that taking a risk
is paying off in the long run. Perhaps others right now are following this "blueprint"
you put here on how to invest in gambling.

I think Yolodice is a good addition. Its been put up like a month or less than so
investing in them early is a good move.

What's your plan after 6 month btw?, You guys going to bankroll your yields
and re-investment, or moving to a new market?



That is a very good question! Current plan is to finish the last 6 months of this experiment and create a bigger a bolder one for another year Smiley

It is in the planning stage now Smiley
Considering you are a bitcoin casino review website can we assume that you guys will again have another analysis regarding casinos or can it be about something else? This is by far the most detailed work I have seen on investments. Maybe after a whole year take out your winnings and invest them smaller amounts into even more casinos, like 15-20 casinos?

I am not sure how many investment options out there for casinos but you can put it on ALL casinos that has investment option. You guys probably know which ones have it and which ones don’t since you are a review site of casinos Cheesy
Investing in 15-20 casinos are too insane IMO. I know the best way to invest is don't put all eggs on 1 basket, but put it in some different basket. IMO, If OP want to invest in other site, just invest max in 5 casinos. You can see what happened with OP's investment when he started to invest his money in many casinos on first week - second week.

its too risky to investing in 15-20 casinos except we have much of bitcoin in our wallet. i think for start its better if we choose 5 casinos in our top list and we can see is it good or not. its always good to spread our investment in many programs but still we need to thinking about the risk from each of casinos. so i think investing first in 6 month to see the progress then you can decide what next step that you can use in investment programs.

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February 08, 2017, 07:17:18 AM
 #943


You are welcome.  Wink Bear in mind that if you want to take part in the next distribution you will have to link your addresses before February 11th.
By the way are you working for Bitcoin Gambling Reviews? I've never seen that sig so either you are part of it or you are simply supporting it.
retrocoingames
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February 10, 2017, 04:03:32 PM
 #944


You are welcome.  Wink Bear in mind that if you want to take part in the next distribution you will have to link your addresses before February 11th.
By the way are you working for Bitcoin Gambling Reviews? I've never seen that sig so either you are part of it or you are simply supporting it.

I am the guy you hear in the new video reviews at Bitcoin Gambling Reviews Cheesy So yes I work there Smiley
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February 11, 2017, 03:46:31 AM
 #945

Week 27 Update - Our 5BTC intital investment is worth over 6.5BTC! Cannot complain with that Smiley




retrocoingames
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February 11, 2017, 04:25:55 AM
 #946

With the Bitcoin price move that is $3,000 ---> over $6,500 in 27 weeks!!!
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February 11, 2017, 05:00:06 AM
 #947

Yeah I think we should keep them to remember that it wasn't all positive!

Hopefully help others from making a bad decision.
Do you think there is something wrong with SatoshiDice investment?
coingamblingreviews (OP)
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February 11, 2017, 08:14:28 AM
 #948

Yeah I think we should keep them to remember that it wasn't all positive!

Hopefully help others from making a bad decision.
Do you think there is something wrong with SatoshiDice investment?

Absolutely - something very strange is going on there. Very risky place to be.

We pulled out of them in the third month and wrote about it in the monthly report:

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

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February 11, 2017, 09:24:33 AM
 #949

Week 27 Update - Our 5BTC intital investment is worth over 6.5BTC! Cannot complain with that Smiley





Yah, it is a great celebration to have. I still remember just weeks ago you have finally cross the 6btc milestone. And the up and down make that 1btc profit so rewarding. However, with months of experience, you have managed to identify strong btc casino and this 0.5btc is so much easier to come along. Investment comes better with experience. Hope things will continue to go well.
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February 12, 2017, 03:13:03 AM
 #950

Week 27 Update - Our 5BTC intital investment is worth over 6.5BTC! Cannot complain with that Smiley





Yah, it is a great celebration to have. I still remember just weeks ago you have finally cross the 6btc milestone. And the up and down make that 1btc profit so rewarding. However, with months of experience, you have managed to identify strong btc casino and this 0.5btc is so much easier to come along. Investment comes better with experience. Hope things will continue to go well.

It is amazing so far! Learning a lot from this thread.

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February 12, 2017, 12:55:52 PM
 #951

Feel sorry for the investors at Bitvest again. Look at the carnage they felt today - down nearly 120 BTC:



Smart move pulling out of that bankroll in hindsight.
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February 12, 2017, 01:04:51 PM
 #952

Feel sorry for the investors at Bitvest again. Look at the carnage they felt today - down nearly 120 BTC:



Smart move pulling out of that bankroll in hindsight.

 Cry Cry Cry  That is me... It looked so promising...

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February 12, 2017, 01:27:33 PM
 #953

Why you don't invest in moneypot?

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February 12, 2017, 01:31:13 PM
 #954

Why you don't invest in moneypot?

They did at the start and had bad to no returns for months. Was a waste of time.

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February 12, 2017, 01:39:58 PM
 #955

Unless those casino's go bankrupt or if they decide to pull a gox trick on their customers, you are safe with them. You will make guaranteed profits. Because, the house always wins. 1 year more than enough to collect your investments.

What are you talking about ? What guaranteed profits ? There is no such thing! The most likely scenario is that part of the sites will go #404, and other
will be in borderline positive value. Investing in gambling sites is plain stupid in my opinion.

haha risky as hell - I agree! You would have to assume at least 1 of those sites won't be around year end. History has been brutal to bitcoin bankroll investors in the past.

From the very start, it is too risky at all, but still many of the gamblers are continually doing a decision to make an investment, but they didn't notice there is a tricky happening inside of it. And I don't know what guaranteed profit that the investors can get.
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February 12, 2017, 02:54:59 PM
 #956

Feel sorry for the investors at Bitvest again. Look at the carnage they felt today - down nearly 120 BTC:

https://i.imgur.com/Zk8j3iE.jpg

Smart move pulling out of that bankroll in hindsight.

Wow that's some drop.

What caused that to happen?

What way do those guys manage their bankroll that something like that is able to happen?  Huh
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February 12, 2017, 03:02:34 PM
 #957

Feel sorry for the investors at Bitvest again. Look at the carnage they felt today - down nearly 120 BTC:



Smart move pulling out of that bankroll in hindsight.

Wow that's some drop.

What caused that to happen?

What way do those guys manage their bankroll that something like that is able to happen?  Huh

They don't share 50% of the profits or loses of the site, instead they take 50% of the house edge of each bet. So all they want is volume. The bigger people can bet the more they make and the higher the leverage the better for the site.

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February 12, 2017, 03:14:22 PM
 #958


Plot and table of current returns








You have done a lot better than me... I feel like I should have just followed your investments looking back  Undecided
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February 12, 2017, 03:27:49 PM
 #959

Why are you plotting a graph of random numbers? Seems like a waste of time, and a misguided experiment.

EV is the only important number, really.

TheBitcoinStrip: Bitcoin casino reviews & some other decent Bitcoin-related guides.
retrocoingames
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February 13, 2017, 12:37:28 AM
 #960

Why are you plotting a graph of random numbers? Seems like a waste of time, and a misguided experiment.

EV is the only important number, really.

I think actual numbers are more important than EV
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