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Author Topic: Investing in casinos  (Read 6748 times)
freedomgo
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February 24, 2017, 01:32:44 AM
 #161

This would be the right place for the discussion IMO, anyway investing is better mathematically than gambling since the house edge is in your favor, the tough question is the place to invest in, Just-dice was the obvious pick before but now it's not as easy as before to choose where to invest.

Yup, where investments are indeed provide us with an advantage. But if we are wrong in taking the place for investment then everything will end up at a huge disadvantage, the Casino is a very profitable place for each investment, but also very dangerous for all people who do not understand how game (investment), better before committing investment in Casino learn it to understand the new do
if you take a look on how a lot of casino making profit then you don't have to feel confused to understand how investment works , simply you will get profit sharing when you decide to inject your money to their bankroll .

casino get profit = you get it too , what else you should to be understand?
I think what he means we should understand how investment work first is not about how we can get profit, but rather how "transparency" between investor and casino once we invested our money in a gambling/casino site. This is why Baryom, as Bitsler's admin also curious about this https://bitcointalk.org/index.php?topic=1787647.0
And about "Huge disadvantage" what he said too, i am sure he means we must know which site we want to invest (that site must trusted obviously), or our investment will gone when admin from that site ran away.
True because investing in a casino is no doubt a very profitable venture, but since we have witnessed that there are casinos in the past that there are gambling sites that ran away with the money of investors, it is necessary that we also do a background investigation on how reputable the site we are trusting our money, and  even if they are trusted enough, putting all our fund in one casino would not reduce the risk, diversification must be done.

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February 24, 2017, 01:38:05 AM
 #162

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.
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February 24, 2017, 03:57:33 PM
Last edit: March 01, 2017, 03:01:13 PM by geopolisch
 #163

There are ways to manage risk and therefore investing in casinos are very attractive, it will give us a consistent income as they consistently win all the time. Now, if an investor does not want to take that kind of risk, he is free do it with banks and get a little return of his money.
As for me, I need to take bigger risk as my money is not fit for low risk investment since I believe I will not grow it in a good amount in time.
Yes there is no doubt about this that investment in casino is a good investment, but in fact it is very difficult to select a trusted casino. Because there are more chances that some scammed casino will take your investment, therefore I think it is much important to investigate about a casino before investing your money there.

Investing into casino must be a better idea than gambling still most gamblers will not prefer as they want only core gambling and not any other idea.
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February 24, 2017, 05:03:13 PM
 #164

Investing in casino's bankroll is one very good long-term investment.

But, you need to:
- Able to afford losing it. Like in every investment.
- Choose very carefully casinos.
- Able to not touch it for >6 months.
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February 24, 2017, 06:28:12 PM
 #165

Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria.  You need to know how much of your investment is at risk during each event.  Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence.  A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.
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February 24, 2017, 10:36:20 PM
 #166

Investing in casino's bankroll is one very good long-term investment.

But, you need to:
- Able to afford losing it. Like in every investment.
- Choose very carefully casinos.
- Able to not touch it for >6 months.

You can add up also that you will not just depend your profit with investing in casino's. Mostly people that are investing in casino's have their own other types of investments which can be a support to their daily lives. That is why they can sustain to invest into other investments. Also make sure that you'll invest volumes in casino's not portion.



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Rainbot
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February 25, 2017, 12:57:00 AM
 #167

Investing in casino's bankroll is one very good long-term investment.

But, you need to:
- Able to afford losing it. Like in every investment.
- Choose very carefully casinos.
- Able to not touch it for >6 months.

You can add up also that you will not just depend your profit with investing in casino's. Mostly people that are investing in casino's have their own other types of investments which can be a support to their daily lives. That is why they can sustain to invest into other investments. Also make sure that you'll invest volumes in casino's not portion.
Actually if you will have to read all the tips in becoming successful in investing in a casino, there are really plenty of it, but in the end, still our decision will matter because along the way we have experience different ups and downs and that would be very vital for our decision making.
I believe we have different experience although we are acknowledging the same tips because we have unique ways of implementing it.

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February 25, 2017, 02:29:23 AM
 #168

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.
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February 25, 2017, 02:42:39 AM
 #169

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

Apparently you are not into any form of investment. Even in real world investment, it is always good to diversify your profile, so you are not prone to one kind of threat that can wipe you out. Unless you are 100% sure that this casino will 100% give you profit then you go all in. But most of the case is that we are not sure, even people are making money from casino investment, there is still a lot of people suffer losses for it.
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February 25, 2017, 02:51:53 AM
Last edit: July 18, 2017, 07:55:38 PM by game-protect
 #170

Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria.  You need to know how much of your investment is at risk during each event.  Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence.  A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.
How specifically can a "shark" take advantage of a -EV house edge? The Kelly Criterion is to make sure that the casino will not lose the hole bankroll, but the player will never have an advantage while playing with -EV!

Sharks take advantage against fishes in poker. You obviously mixed here something!
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February 25, 2017, 12:17:54 PM
 #171

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.

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February 25, 2017, 04:41:05 PM
 #172

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital.
If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much

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February 25, 2017, 04:50:06 PM
 #173

Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.
Investing in reputable casinos is a good idea but I think you are misunderstanding how it works, the casino does not guarantee you are going to make any profit at all, in fact you can get losses, there is not a fixed amount of money you can get, one day you could earn 10% of your investment and the next day you lose 15%.

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February 25, 2017, 05:02:33 PM
 #174

Investment in casinos is a good idea to me especially if you are going to be involved long term as it is profitable and will yield results but those looking for interim profits should look away from casinos. I'll have to grow my bankroll a little bit before I venture into casinos as that will be my next source of income after mining.
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February 25, 2017, 07:56:41 PM
 #175

Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.
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February 25, 2017, 08:31:19 PM
 #176

Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.

actually investing in a casino is better than putting your money in the bank , if things went good of course cause there is variance
in general investing in gambling sites is good but you don't have to take it seriously cause you will face a lot of ups and downs
for me at least investing in the casinos is better than letting the coins in the wallet doing nothing , but everyone has his own opinion
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February 25, 2017, 08:32:17 PM
 #177

Investing in casinos will give you more profit than Bank. The banks will give very less percentage of your investment, but it is safe. You can trust them, and you can invest for a long time. But investing on casinos is not good for the long term we can not predict the site performance for the long term. But if you keep on watching your investments and you know when to withdraw your investment you can try casino investment.
Obviously depositing your money in banks cannot give you a good profit in form of interest. While investment in bitcoin or trading altcoins can give you a good profit. But investment and trading is also more risky compared to simply saving in banks.

But I feel investing into casino might get you better benefits than banks but lesser than trading. But risk levels is depending on how hard you research and choose a casino.
Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.


Almost had same oppinion with both of you, but from what i know most popular online casinos were own by only a several big company also with big money, it will make us need very2 big money to invest on any casino to start get revenue and will more harder than invest/saving on general bank..
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February 26, 2017, 12:25:08 AM
 #178

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

That's is the reason you should put your money in many products to reduce your losses. If you think that even with diversifying your funds you can't make a profit in the longer term then you can't invest your money in any investments. Because all investments come with some risks and we have to manage those risks to grow our money. The more your diversify, you got a better chances of making profits.
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February 26, 2017, 04:59:30 AM
 #179

it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place.

But if you are going to  invest  your  money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places.

i think its better to spread our investment because we don't know the gambling site will be online until how long and if the bad thing is happen, then we still have another investment. to avoid this, we need to make research about the good gambling site so we can stay safe while our investment is running.

Diversifying your funds is very good thing to do in investments. Because one can lose money not only a casino can cheat investors, but there are chances that anyone can win a big amount then investors will lose a lot of money. So if you diversify your funds, then you can reduce these losses.

I always thought that by diversifying you risk more, because there's more chances that something bad will happen to at least one of casinos, like hacking, exit scam, fake win fraud, etc. If you invested only in 1-2 places you will lose almost everything in that situation, but if everything will be alright, you will have your profit. But when you diversify you will be more likely to lose one of your investments, and profit from other investments will be barely enough to cover your lose.

That's is the reason you should put your money in many products to reduce your losses. If you think that even with diversifying your funds you can't make a profit in the longer term then you can't invest your money in any investments. Because all investments come with some risks and we have to manage those risks to grow our money. The more your diversify, you got a better chances of making profits.
Diversifying on many investments is really ideal and as you said if that thing didnt work out then try again to scratch and make good research about investments since  even you have many investments and those are just good for short terms and not doing well and even give you negative profits then it would be still useless at all and as an investor its really our responsibility to seek always for good investments.

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February 26, 2017, 06:15:26 AM
 #180

Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.

My only advice for you if you're going to invest in an online gambling site is to make sure you understand their money management criteria.  You need to know how much of your investment is at risk during each event.  Sometimes these sites don't follow a sound bankroll management scheme and there are sharks out there who take advantage of that incompetence.  A popular bankroll management scheme is the Kelly Criterion....understand that formula at very least.
How specifically can a "shark" take advantage of a -EV house edge? The Kelly Criterion is to make sure that the casino will not lose the hole bankroll, but the player will never have an advantage while playing with -EV!

Sharks take advantage against fishes in poker. You obviously mixed here something...
Regardless on how you called yourself, you can never take advantage on the house edge that's why they are operating in a profitable way. Sharks can bet big and only if they are lucky will they can cash out a big amount of money.What you have that you should not worry is the edge every time this sharks roll the dice, you'll not be guaranteed a win but having an edge will give you more chances to win.

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