Gambling investment is zero sum

[metalbean]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

[maku]

Usually when we are talking about gambling investment we mean that our money are used to fuel casino's bankroll, therefore you effectively become the House.
It is as you said,  House needs gain profit and this way House will share its profit with investors. But again it is an investment. You are not collecting accrued interest here.

Players can at some point become very lucky effectively consuming large share of casino's (and yours) bankroll, so you might lose your invested money.

[Yuuto]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

If you are INVESTING in casinos, that means you ARE the house. Which means that you are going to profit in the long term because the house edge stands on your side. The more people gamble, theoretically the more you are going to profit.

So no, gambling investments are actually +EV and that's why people do invest in the house.

I think you might have confused "gambling" and "gambling investment". If you are gambling then obviously you should be doing so for fun and not the profit, and if you try to go for the profit eventually you'll lose in the long run.

[BTCevo]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Nope, there is no fun in doing this, what people aim is only profit in a long term and becoming house by investing skme money really good choice. Mostly it will skyrocketing of profit in a long term though, because there is always house edge which is always support them to win

[adaseb]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Yes it is actually always negative sum. However people still gamble despite the odds.

For some its a bad addiction which is bad for the gambler but good for the Casino.

For others its purely a form of entertainment and they don't gamble anymore than they can afford to lose. Some spend money on vacations, dinners, and others spend money on gambling for their fun in life.

[metalbean]

I think you might have confused "gambling" and "gambling investment". If you are gambling then obviously you should be doing so for fun and not the profit, and if you try to go for the profit eventually you'll lose in the long run.

You are right, I've confused gambling investment to gambling, didn't know that we are actually the HOUSE when investing bitcoins in bitcoin gambling sites.

[oxygen88]

Because of the house edge, casino will always win players money in the long run, this is maths, so it is a good investment to invest in casino bankroll 

The profits may be slow, but it is good

[myhung76393]

Bitcoin is very useful, but I still like to use bitcoin gambling
Investing in uncertain gambling is the wrong choice
I really don't agree with your opinion

[Caladonian]

I think you might have confused "gambling" and "gambling investment". If you are gambling then obviously you should be doing so for fun and not the profit, and if you try to go for the profit eventually you'll lose in the long run.

You are right, I've confused gambling investment to gambling, didn't know that we are actually the HOUSE when investing bitcoins in bitcoin gambling sites.

Yeah mate theres some casino site that allow us to invest our btc to be use as additional capital for their business its allowed some percentage depending on how much they will gave us in weekly or monthly basis, with regarding to what you mean i guess most of the gamblers didnt mind losing their hard earn money just to fill up their lust of playing/betting.

[BossMacko]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Somewhat what you are saying is true but the larger your investment is plus the population of gamblers playing in one casino will give you a bigger profit in the long run. Investment is a game of patience and wit so the more you wait , the more you will profit because house always win.

[piloder]

You are right, I've confused gambling investment to gambling, didn't know that we are actually the HOUSE when investing bitcoins in bitcoin gambling sites.

Investing in casino's bankroll is better than gambling however investing in any gambling platform is almost like gambling because there are several examples where casino's bankroll have seen huge loss because of some lucky players. And i personally don't think it is better to take high risk investing in casino's bankroll for very low profit.

[pinoycash]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

I for myself, i dont treat gambling as an investments, the moment your start gambling your return is not guaranteed while investments (trading) we expects some results and win or loose we still have the % of our Capital

[michkima]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Gambling is never an investment regardless of zero, negative, or even posit sum. Even if you give a negative house edge, in the long run the casinos will still win. People here are investing into the casino's bank roll and not really on gambling itself. More on people gamble in bitcoin casinos similar to why people gamble in real casinos.

[Oilacris]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

I for myself, i dont treat gambling as an investments, the moment your start gambling your return is not guaranteed while investments (trading) we expects some results and win or loose we still have the % of our Capital

If you play or spend your money in playing gambling its not really an investment but just a pure entertainment but when the time you put your money on the casinos bank roll then its already considered as an investment and you have a percentage profits on house earnings but we cant guarantee anytime to receive because there are times that people who are lucky which could able to make negative profits on a gambling site.

[amacar2]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

- Gambling is for fun or for some it is just an addiction which they can't left despite of losing so much.
- There is house edge in every casino which ensures that casino will earn some % of total wagered amount.
- For me bitcoin gambling is way to spend some free time alongside to try my luck.

[Betwrong]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

There are many gambling addicts who can't stop until their balance is zero and after losing everything they deposit again and then lose it too. These people need professional help mostly, but sometimes some of them have enough strength to stop by themselves. Those people, the gambling addicts, think of gambling as of investment.

Another kind of gamblers are people who do it just for fun. They enjoy gambling, they never have problems with it, because they never thinkk they can become rich from gambling.

[devans]

Gambling is never an investment regardless of zero, negative, or even posit sum. Even if you give a negative house edge, in the long run the casinos will still win. (…)

I'm not sure I understand what you mean. If the house edge is negative, the casino is virtually guaranteed to eventually go bankrupt.

[xuan87]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Yes when we invest in casino site we expected the casino to earn some profit and most of the time the casino did won, but of course not every time, and I never considered investment as fun things, i expected to earn some profit when i invest it, and for me casino investment has a higher chance of profit compare to other investment

[Oralmat]

I think you are new, because if you know the taste of playing online gambling? than i think you never ask us. But about the gambling investment, So it has a different mean, invest in casino, if anyone not want, so doesn't matter. Online playing gambling not below to gambling investment statutes. But the different between physical gambling or online gambling, both are also our choice, but I prefer because i like bitcoin, and that's why, i play it, and secondly, it is easy for me to play gambling in anywhere. In fact usually, i play it at my home and in any time, when i like to play gambling.    

[just_Alice]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

I don't see gambling as an investment instruments. Reading though this forum I understood that it's a very dangerous way to regard gambling as that. I think people should take it easy and should never expect big profits from gambling. I'm trying to think of gambling as of fun time spending only.