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Author Topic: Where Can I invest in Bitcoin Casino?  (Read 2815 times)
retrocoingames
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November 14, 2016, 10:07:33 AM
 #21

I would read these Bitcoin Gambling Investment experiments:


Start: http://bitcoingamblingreviews.com/bitcoin-gambling-investment/
Month 1: http://bitcoingamblingreviews.com/bitcoin-gambling-investments-112/
Month 2: http://bitcoingamblingreviews.com/bitcoin-gambling-investments-212/
Month 3: http://bitcoingamblingreviews.com/bitcoin-gambling-investments-312/


Bitcoin Talk thread on it is here as well:

https://bitcointalk.org/index.php?topic=1585408.0
Erza
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November 14, 2016, 02:53:16 PM
 #22

MoneyPot is a good one, as you can invest in many casinos at once, and you can create your own site using the API and get commission off player bets through it. So you earn two ways: investment income plus commission income.

I do agree that moneypot was a good option to invest, but since last few months, investors are not making any profits from this site. It also looks management doing some changes to bring profits to investors, so I feel that as now it is better to avoid and wait for some time. Let's see how their new system will work for investors point of view.

Yeah it is right at some point but last time moneypot also down for quite a long time but they manage to rise again and get some profit too. This is gambling though, we can't predict what will happens but one thing for sure is house sure will get profit for sure, it will just matter of time. But you really need huge bankroll to earn some decent amount from such big site like moneypot
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November 14, 2016, 04:49:28 PM
 #23

You can always invest in bitvest. It's right in the name so it's fairly obvious they're looking for investors!
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November 14, 2016, 05:11:01 PM
 #24

If you do not know what to do, don't do it. Cause with casinos, you might wait for months to actually see some profits, if any at all. Remember, you share profits with casinos but you also share risks as well.


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November 15, 2016, 01:51:33 AM
 #25

If you do not know what to do, don't do it. Cause with casinos, you might wait for months to actually see some profits, if any at all. Remember, you share profits with casinos but you also share risks as well.



All good investments need time to bring profits for your investments similarly in casino investments also need time to see good profits on your investment. Like other said keep your money on few good sites to avoid any losses due to someone wins big amount from any casino.
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November 15, 2016, 02:27:51 AM
 #26

You can always invest in bitvest. It's right in the name so it's fairly obvious they're looking for investors!

Yes I saw that bitvest is one of the good gambling sites that you can trust with in your investment. And I can see also that crypto-games.net is another trusted and legitimate website for investments. But it doesn't mean that by just investing into them can give you instant profit. Always remember that investing is also a risky thing.

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November 15, 2016, 04:46:34 AM
 #27

If you do not know what to do, don't do it. Cause with casinos, you might wait for months to actually see some profits, if any at all. Remember, you share profits with casinos but you also share risks as well.



But in the end house will always get some profit no matter what. You just need a good moment to put your investment. What they really need to achieve good profit is much traffic on their site and then some big whale too. With this I guess your site will have good income for sure
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November 15, 2016, 04:54:13 AM
 #28

Betking would be the most profitable bitcoin casino to invest in right now. Lots of whales and albeit the not very consistent volume still attracts big bets like 200 bitcoins each or even more regularly. Your other options would be crypto games and bitvest.
ranlo
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November 15, 2016, 06:25:48 AM
 #29

Betking would be the most profitable bitcoin casino to invest in right now. Lots of whales and albeit the not very consistent volume still attracts big bets like 200 bitcoins each or even more regularly. Your other options would be crypto games and bitvest.

Don't forget MoneyPot, which allows you to invest in many casinos at once. And you can create your own as well.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
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November 15, 2016, 05:27:47 PM
 #30

MoneyPot is a good one, as you can invest in many casinos at once, and you can create your own site using the API and get commission off player bets through it. So you earn two ways: investment income plus commission income.

I do agree that moneypot was a good option to invest, but since last few months, investors are not making any profits from this site. It also looks management doing some changes to bring profits to investors, so I feel that as now it is better to avoid and wait for some time. Let's see how their new system will work for investors point of view.
probably due to gambling sites under moneypot now is not too popular#imo.  so only a few users who play on that gambling site. or a lot of players who benefit because more wins? I think you have to look for gambling sites that have high house edge perhaps with it you can get more easily profit from an investment bankroll at the gambling site


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nikrobi
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November 15, 2016, 06:23:10 PM
 #31


Nice reviews, thank you for this. Personally, I prefer to bet than invest. As we can see on the reviews, the profit is low and in some sites it was negative on the the third month, that is not good.
On dice I can make a faster profit with some safety. However good luck for you and your investments, your spread sheet will help investors a lot!
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November 15, 2016, 08:17:27 PM
 #32

I would not rule out investing at all. A few years back I was an investor in JustDice (when it was running BTC) and it made me a reasonable profit. There was a bit of variance in site profit, but I remember there was a single player that lost 7,000 BTC in one day. I think he made all investors pretty happy.

Other than that, take the following into account:

1. Site profit variance - although math is on your side (players' expected profit is negative, site expected profit is positive), variance happens. If possible, check historical earnings for a site to see how large the variance has been in tha past and what to expect.
2. Share in bankroll - if you plan to invest e.g. 10 BTC, check how much of a bankroll (and site profit) it would give you. Then see how much the site earns per month. See if it's worth at all.
3. Risk - it's not uncommon for sites (or exchanges) to be hacked. Take this into account. I believe every site owner has (should have) a decent protection, just take into account that this can happen.
4. Trust - this is a tough one, and a difficult one to talk about. Although the "provably fair" paradigm protects players against dishonest sites, there is not much that protects investors from game manipulations. A dishonest site owner could manipulate bets so that he/she could win investor's money. Try to judge it the site earns your trust. I (naively?) believe there is larger value in running a honest site in the long-term than cheating and I hope site owners see it too.
5. Be careful when investing with leverage - this increases your profits, but increases the risk of losing your funds. At least use the leverage wisely.
6. Do some research about sites you are going to invest in. Bitcointalk threads are critical.

Taking the above into account, I would invest in a few games, not one. Some would bring stable profit, some (more risky) would hopefully have larger ROI. Also, this minimizes the risk of losing the funds. After a while you could evaluate your investments and make changes.

Disclaimer: I will be launching my own (yet another) game soon, hoping to encourage investors and players.

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November 16, 2016, 01:53:00 AM
Last edit: November 16, 2016, 09:43:45 AM by MinerHQ
 #33

MoneyPot is a good one, as you can invest in many casinos at once, and you can create your own site using the API and get commission off player bets through it. So you earn two ways: investment income plus commission income.

I do agree that moneypot was a good option to invest, but since last few months, investors are not making any profits from this site. It also looks management doing some changes to bring profits to investors, so I feel that as now it is better to avoid and wait for some time. Let's see how their new system will work for investors point of view.
probably due to gambling sites under moneypot now is not too popular#imo.  so only a few users who play on that gambling site. or a lot of players who benefit because more wins? I think you have to look for gambling sites that have high house edge perhaps with it you can get more easily profit from an investment bankroll at the gambling site

Moneypot is still getting decent traffic, but it looks like since last few months many people won some big wins and investors lost money, and they need to wait for long to recover their losses. But if again someone wins then waiting may last even longer. If someone wins big amount then house edge will not help to reduce your losses but help to recover fast.
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November 16, 2016, 05:10:01 PM
 #34

Betking would be the most profitable bitcoin casino to invest in right now. Lots of whales and albeit the not very consistent volume still attracts big bets like 200 bitcoins each or even more regularly. Your other options would be crypto games and bitvest.

Yes it is profitable if there is big whale losing there, if this happened you will sure get a lot of if but they already lower their kelly so i dont think that it is profitable until now though. But with this you also can't lose really much due to their lower kelly. Let me get this thing clear, higher risk will sure give you better result though and lower risk will give you lower result so invest on how much you can afford to lose
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November 16, 2016, 05:22:19 PM
 #35

for a good gambling site i would suggest that you invest in directbet  https://www.directbet.eu/ this is the best gambling website i found so far no deposit  no accounts just go in select your choice send the amount you want to gamble with to the address they give you and wait for the results plus the minimum amount that you can gamble with is fairly small
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November 16, 2016, 06:23:13 PM
 #36

There is a thread on this I forget where not ot won't be hard to find and they betkong is the best. There were 2 that did very well. You should look into investing there. It was something like 8% a month sometimes. Worth it I say.

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November 17, 2016, 01:40:26 AM
 #37

There is a thread on this I forget where not ot won't be hard to find and they betkong is the best. There were 2 that did very well. You should look into investing there. It was something like 8% a month sometimes. Worth it I say.

You should always remember one thing before investing on any gambling site bankroll that all those past performances are only for your reference to show that casino can generate good profit for investors. But there is no guaranty that it will give same profit in future as well. So if you're expecting every month some profit then better don't invest in any casino bankrolls.
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November 17, 2016, 04:07:54 AM
 #38

There is a thread on this I forget where not ot won't be hard to find and they betkong is the best. There were 2 that did very well. You should look into investing there. It was something like 8% a month sometimes. Worth it I say.

You should always remember one thing before investing on any gambling site bankroll that all those past performances are only for your reference to show that casino can generate good profit for investors. But there is no guaranty that it will give same profit in future as well. So if you're expecting every month some profit then better don't invest in any casino bankrolls.

Yes you are right. You will get different amounts and maybe even lose money that month. If the casino is making money then the investors are too.

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November 17, 2016, 09:53:19 AM
 #39

I would highly recommend crypto-games.net . It's a good, reputable site, with a strong and active community/players. I always check out a casino's reputation, issues or scam accusations and so far this one is pretty good. I haven't seen or heard any problems yet.

Do remember that investments on casino bankroll are better for the long-term.

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November 17, 2016, 10:56:22 AM
 #40

For me betking is the safest and trusted gambling site to invest on, and actually you can find others who got reputable on that thing like moneypot,bitvest and crypto games they are also a good one to invest on, ornif you have lots of budget well its really good to split your wealth on those site so you can differentiate who gives more profits to their investor.

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