justdimin
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March 07, 2017, 07:52:51 AM |
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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.
This will depend on which casino games site you are going to choose in. Then if you want to have an at least small income in the casino, I think you still to invest in the casino for you to have percentage or else when everything turns into losses of money, in the end of course the number 1 will get benefit on it was the house edge. Though it's true that the house wins in the end but actually the house can also loose at times. I know the chances of happening that is less but rather than blocking your money in a casino for like 0.01% return daily I think its much better to gamble of your own and trust your luck. Actually site has a big bankroll and your little bitcoins you invest are like 1% and hence the profit share is 1% of 1% means like 0.01 and then the commission of site.
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coinplus
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March 07, 2017, 12:03:10 PM |
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-snip-
investing money in casino sight is good but still it is too much risky and specially if you do not know about the casino, because here are so much scam casino sights where they are just collecting money form the people and then disappear. therefore you need to have good study about the gambling site and only then you can invest money there. It's risky if you are lack of experience and the risk taking ability. But believe me just do invest into reliable and reputable casino's. Many are making good interest from them monthly depending on how much you will invest with them. And the advantage will always on you because the we know that gamblers will always lose in the long run and the house will benefit. The only problem that comes to my mind is that the house can still cheat you, not just by scamming and running away but rather in a much smarter way. Basically it was discussed in some other thread also, suppose client sets the seed and site sets the server seed then the site can gamble of their own and since they know both the seeds they will show as if the gambler won a lot of money.
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JL421
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March 07, 2017, 05:11:09 PM |
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That's a good idea but most of the trusted casinos out there provide really less returns like 1-3% a year as far as I have heard. It may be more but unfortunately it is still less than the return bitcoin provides you every year. So I would recommend you to not invest in any caaino and let the bitcoin stay in your wallet.
1-3% in a year? where did you heard that? that return is when you deposited your money in bank. I've said if my investment increased 20% since i invested my money in a dice site (if you read my history post, you will know where i invested) on 6 months ago. The return could be more if someone lost a lot or it could decreased when someone won a lot. That was a investment return which is guaranteed and no risk it is kind if like bank. I also agree that gambling sites provide really good returns but lately I'm bit scared to invest in them because of scams. I have tried yolodice from yesterday and leverage 1 let's see if it's profitable after a month or not. 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. That is obvious most of the casinos only pay you as long as their profitable and the day they start getting loses which is very rare they take their investors money. While bank is something which normally give 7-8% guaranteed every year plus there is like 1-2% chance of getting scammed.
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Gameroid
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March 07, 2017, 10:20:28 PM |
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That's a good idea but most of the trusted casinos out there provide really less returns like 1-3% a year as far as I have heard. It may be more but unfortunately it is still less than the return bitcoin provides you every year. So I would recommend you to not invest in any caaino and let the bitcoin stay in your wallet.
1-3% in a year? where did you heard that? that return is when you deposited your money in bank. I've said if my investment increased 20% since i invested my money in a dice site (if you read my history post, you will know where i invested) on 6 months ago. The return could be more if someone lost a lot or it could decreased when someone won a lot. That was a investment return which is guaranteed and no risk it is kind if like bank. I also agree that gambling sites provide really good returns but lately I'm bit scared to invest in them because of scams. I have tried yolodice from yesterday and leverage 1 let's see if it's profitable after a month or not. 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. That is obvious most of the casinos only pay you as long as their profitable and the day they start getting loses which is very rare they take their investors money. While bank is something which normally give 7-8% guaranteed every year plus there is like 1-2% chance of getting scammed. in fact different casinos have different rules and regulation. and if you want to invest your money there in casino then you must have to follow their rules and regulation and only then you join their casino.
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Supercrypt
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March 08, 2017, 06:51:11 AM |
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It's better to invest in website which is most trustful and with huge traffic but there is only one problem. There doesn't exist fair casino investment, I don't say that they will lie you but there is possibility to manually play and lost some money in order to don't pay profit to investors. On another side everything is fine but if you have huge amount of money to invest in casinos, it's better to build new one for you with perfect team of developers.
Creating a new bitcoin casino is not easy at all there are many established casinos already, there is a lot of competition and the market although it grows every single day is limited so I cannot blame those that you just want to invest their money and get some earnings instead of creating their own casinos. Yeah making a casino is a totally different thing since that would mean you own something while investing in a casino means you just have to pay little fees to the casino from your profits and in return you don't have to take all the mental stress about hacking, hijacking, scamming, ddos, etc. While making a new casino also requires a lot of promotion and time to firm its root in this gambling section.
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bhadz
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March 08, 2017, 06:52:26 AM |
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-snip-
investing money in casino sight is good but still it is too much risky and specially if you do not know about the casino, because here are so much scam casino sights where they are just collecting money form the people and then disappear. therefore you need to have good study about the gambling site and only then you can invest money there. It's risky if you are lack of experience and the risk taking ability. But believe me just do invest into reliable and reputable casino's. Many are making good interest from them monthly depending on how much you will invest with them. And the advantage will always on you because the we know that gamblers will always lose in the long run and the house will benefit. The only problem that comes to my mind is that the house can still cheat you, not just by scamming and running away but rather in a much smarter way. Basically it was discussed in some other thread also, suppose client sets the seed and site sets the server seed then the site can gamble of their own and since they know both the seeds they will show as if the gambler won a lot of money. We know about it, since they are the ones who are operating and not you. It's just a matter of trust and choosing the best trusted and reliable site that you are going to invest. I do trust the sites that I'm investing and I will going to invest in my bitcoins. This is passive income but the monitoring is still needed with it.
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Viscore
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March 08, 2017, 08:39:57 AM |
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It's better to invest in website which is most trustful and with huge traffic but there is only one problem. There doesn't exist fair casino investment, I don't say that they will lie you but there is possibility to manually play and lost some money in order to don't pay profit to investors. On another side everything is fine but if you have huge amount of money to invest in casinos, it's better to build new one for you with perfect team of developers.
Creating a new bitcoin casino is not easy at all there are many established casinos already, there is a lot of competition and the market although it grows every single day is limited so I cannot blame those that you just want to invest their money and get some earnings instead of creating their own casinos. Yeah making a casino is a totally different thing since that would mean you own something while investing in a casino means you just have to pay little fees to the casino from your profits and in return you don't have to take all the mental stress about hacking, hijacking, scamming, ddos, etc. While making a new casino also requires a lot of promotion and time to firm its root in this gambling section. Everything you need is money if you plan to start operating your own, if you do not have enough budget, just don't enter into that business. It's profitable to have since you have the edge and you will win most of the time but the need of capital is vita for success and factors like marketing is costly as well. Think twice before putting otherwise you will be wasting your money, better invest if you cannot afford to make your own yet.
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roadbits
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March 08, 2017, 05:49:23 PM |
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It's better to invest in website which is most trustful and with huge traffic but there is only one problem. There doesn't exist fair casino investment, I don't say that they will lie you but there is possibility to manually play and lost some money in order to don't pay profit to investors. On another side everything is fine but if you have huge amount of money to invest in casinos, it's better to build new one for you with perfect team of developers.
Creating a new bitcoin casino is not easy at all there are many established casinos already, there is a lot of competition and the market although it grows every single day is limited so I cannot blame those that you just want to invest their money and get some earnings instead of creating their own casinos. Yeah making a casino is a totally different thing since that would mean you own something while investing in a casino means you just have to pay little fees to the casino from your profits and in return you don't have to take all the mental stress about hacking, hijacking, scamming, ddos, etc. While making a new casino also requires a lot of promotion and time to firm its root in this gambling section. Everything you need is money if you plan to start operating your own, if you do not have enough budget, just don't enter into that business. It's profitable to have since you have the edge and you will win most of the time but the need of capital is vita for success and factors like marketing is costly as well. Think twice before putting otherwise you will be wasting your money, better invest if you cannot afford to make your own yet. Nothing is easy in business, if you want to create your website, then you must ready to face all problems in future. For this, you need huge investment. For this, you don't limit your budget. You must have enough money to run an own casino. If you don't care your money and you have huge money to invest if it gone also no problem then take risk and make website.
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el kaka22
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March 08, 2017, 08:29:48 PM |
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It's better to invest in website which is most trustful and with huge traffic but there is only one problem. There doesn't exist fair casino investment, I don't say that they will lie you but there is possibility to manually play and lost some money in order to don't pay profit to investors. On another side everything is fine but if you have huge amount of money to invest in casinos, it's better to build new one for you with perfect team of developers.
True, by investing in a web site that consistently is the best and it will definitely give you an advantage for us. Because sites that have consistently good is a site that does really sites engaged in the investment and not a scam. But it would be better to keep a distance to the site of the investment have not even 1 year old, because sometimes there are a few sites fastening consistently but after getting very large funds finally they scam I was among the very enthusiastic guys who like to invest in those casinos. But friend with time I have learnt that almost all the casinos that take your investments are made to scam you at the end of their life span, I mean the site's life span. Tell me one casino that has a happy ending, I mean that has been closed and yet has no issues during its close. You can see diceninja and a lot more who ended up scamming even though were running very fluently.
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uneng
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March 08, 2017, 09:33:50 PM |
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I was among the very enthusiastic guys who like to invest in those casinos. But friend with time I have learnt that almost all the casinos that take your investments are made to scam you at the end of their life span, I mean the site's life span. Tell me one casino that has a happy ending, I mean that has been closed and yet has no issues during its close.
You can see diceninja and a lot more who ended up scamming even though were running very fluently.
Hey, it's not a good advertise for your signature casino. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But you are right, there are many scammers as casino owners, they don't matter with our investment, they close the doors with our money inside and there is nothing we can do about it. It's something to think twice before start investing. You will give your money to the casino, there is not a fixed payrate, you are risking your money sometimes for too low interest that is better to don't invest. However, if I had sure about a casino owner legitimacy that he wouldn't steal my money I would invest all my money for sure without doubts.
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serjent05
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March 08, 2017, 09:41:29 PM Last edit: March 08, 2017, 10:01:23 PM by serjent05 |
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-snip-
investing money in casino sight is good but still it is too much risky and specially if you do not know about the casino, because here are so much scam casino sights where they are just collecting money form the people and then disappear. therefore you need to have good study about the gambling site and only then you can invest money there. It's risky if you are lack of experience and the risk taking ability. But believe me just do invest into reliable and reputable casino's. Many are making good interest from them monthly depending on how much you will invest with them. And the advantage will always on you because the we know that gamblers will always lose in the long run and the house will benefit. The only problem that comes to my mind is that the house can still cheat you, not just by scamming and running away but rather in a much smarter way. Basically it was discussed in some other thread also, suppose client sets the seed and site sets the server seed then the site can gamble of their own and since they know both the seeds they will show as if the gambler won a lot of money. That goes to the non-reputable Casino i guess. I have not invested any of my BTC in a casino though I wonder if ever I invested to it, does the statistics of Casino, win and lose, reported in a sheet that is available to the investor to inspect? I guess this is needed, if this is not available then there is chance that this Casino reputable or not are cheating us the result of bets.
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BitMaxz
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March 08, 2017, 10:00:38 PM |
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-snip-
investing money in casino sight is good but still it is too much risky and specially if you do not know about the casino, because here are so much scam casino sights where they are just collecting money form the people and then disappear. therefore you need to have good study about the gambling site and only then you can invest money there. It's risky if you are lack of experience and the risk taking ability. But believe me just do invest into reliable and reputable casino's. Many are making good interest from them monthly depending on how much you will invest with them. And the advantage will always on you because the we know that gamblers will always lose in the long run and the house will benefit. The only problem that comes to my mind is that the house can still cheat you, not just by scamming and running away but rather in a much smarter way. Basically it was discussed in some other thread also, suppose client sets the seed and site sets the server seed then the site can gamble of their own and since they know both the seeds they will show as if the gambler won a lot of money. Thag goes to the non-reputable Casino i guess. I have not invested any of my BTC in a casino though I wonder if ever I invested to it, does the statistics of Casino, win and lose, reported in a sheet that is available to the investor to inspect? I guess this is needed, if this is not available then there is chance that this Casino reputable or not are cheating us the result of bets. Everything in online you will never know if they are not cheating us because we do not have any history even the history of the site we do not know.. Well you can test by your self every bitcoin casino who are offering investment if you are not profiting by them better to go stay away.. before all of your money exhausted.. that is why there are some cases that you need to test every casino website and experiment if you are gaining stay and if not go away.. there is no investment that no risk everything in investment online or not except in banks are risky..
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serjent05
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March 08, 2017, 10:04:27 PM |
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Everything in online you will never know if they are not cheating us because we do not have any history even the history of the site we do not know.. Well you can test by your self every bitcoin casino who are offering investment if you are not profiting by them better to go stay away.. before all of your money exhausted.. that is why there are some cases that you need to test every casino website and experiment if you are gaining stay and if not go away.. there is no investment that no risk everything in investment online or not except in banks are risky..
Well then I guess we should rather read reviews and feedbacks of investors with valid proof and points. It will be a waste of time and money to check every Casino if their investment program is good or not. I agree with you about the risk involved in every investment but I guess there is way to mitigate or minimize it.
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DiamondCardz
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March 08, 2017, 10:05:58 PM |
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Right, I wouldn't call investing in a casino "income", it's not reliable enough for that. Investing in stocks, for instance, is already shaky for "income" but at least has a consistent uptrend. While casino investing also has an uptrend, it's a lot less consistent and a lot smaller than the uptrend of other things you could invest in. It's not really worth it.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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kidoseagle0312
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March 09, 2017, 01:40:54 AM |
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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.
Your asking a very personal information about their income, and if ever there is chance that they will give you a profit fix monthly, for sure there is a condition between you and the casino owner. It could be you need to invest to their casino as a partnership to them. And investing in casino if this a good way, this will depend on you of how the gambler give it an interpretation.
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Finestream
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March 09, 2017, 02:44:20 AM |
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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.
Your asking a very personal information about their income, and if ever there is chance that they will give you a profit fix monthly, for sure there is a condition between you and the casino owner. It could be you need to invest to their casino as a partnership to them. And investing in casino if this a good way, this will depend on you of how the gambler give it an interpretation. I guess that is not too personal, besides we do now know each other here and the OP is soliciting an opinion that is based on real experience as his basis for his plan to invest. Investing in casinos in general are really profitable but it depends on how much you are willing to risk, the more the better income you receive in return. This could give you a fixed income as casinos wins most of the time.
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RoommateAgreement
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March 09, 2017, 04:08:00 AM |
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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.
Your asking a very personal information about their income, and if ever there is chance that they will give you a profit fix monthly, for sure there is a condition between you and the casino owner. It could be you need to invest to their casino as a partnership to them. And investing in casino if this a good way, this will depend on you of how the gambler give it an interpretation. wut!!! how is tha a personal question! when you invest or want to invest in a business, no matter what it is, you are allowed to ask all these questions about how much they earn, what they have and how they are earning it. they are asking for your hard earned money so your are entitled to ask as many questions as you want to make sure that business is going to make you money and it is safe enough to trust with your money in first place.
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Buying the dip...
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BlockEye
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March 09, 2017, 05:10:52 AM |
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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.
Your asking a very personal information about their income, and if ever there is chance that they will give you a profit fix monthly, for sure there is a condition between you and the casino owner. It could be you need to invest to their casino as a partnership to them. And investing in casino if this a good way, this will depend on you of how the gambler give it an interpretation. wut!!! how is tha a personal question! when you invest or want to invest in a business, no matter what it is, you are allowed to ask all these questions about how much they earn, what they have and how they are earning it. they are asking for your hard earned money so your are entitled to ask as many questions as you want to make sure that business is going to make you money and it is safe enough to trust with your money in first place. Yeah. asking the daily income of a casino before investing is not personal, it is a usual question from the investor, Because if i'm an investor, why will i invest on that casino if i don't have any idea what will be the probable profit that i will get on investing to that casino, But there is no guarantee that the casino will tell the real possible profit of the casino because it is unpredictable and many casino will tell a hyperbolic profit so that they can have many investor
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hatshepsut93
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March 09, 2017, 09:35:53 AM |
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Right, I wouldn't call investing in a casino "income", it's not reliable enough for that. Investing in stocks, for instance, is already shaky for "income" but at least has a consistent uptrend. While casino investing also has an uptrend, it's a lot less consistent and a lot smaller than the uptrend of other things you could invest in. It's not really worth it.
I'm investing for almost a year and do monthly withdrawals, never had a loss at the end of the month, my profits were in 1-5% range per month. In my opinion that's pretty reliable and safe, and also the price of BTC increased more than 2 times since I have started investing. You just need to do a bit of research about how casino work, and how their betting volumes and bankroll sizes affect your potential profit. And anyway, don't invest more than you can afford to lose, every investment comes with some degree of risk.
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mOgliE
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March 09, 2017, 10:10:05 AM |
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Right, I wouldn't call investing in a casino "income", it's not reliable enough for that. Investing in stocks, for instance, is already shaky for "income" but at least has a consistent uptrend. While casino investing also has an uptrend, it's a lot less consistent and a lot smaller than the uptrend of other things you could invest in. It's not really worth it.
Really? Please share with me your knowledge of stocks that are getting a consistent uptrend xD Cause for me casino is much less random than stocks! Cause you can't beat the maths
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