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Author Topic: In which bitcoin gambling casinos should i invest my bitcoins ?  (Read 2515 times)
Dogedigital
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March 09, 2017, 06:59:36 PM
 #61

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.
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March 09, 2017, 07:20:20 PM
 #62

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley

If you don't know anything about the risk associated with investing in a gambling site and don't undestand some comupations and formulas about the possible earnings then I suggest you to stay away and think of other way instead to use that bitcoin. There is no assurance that you will earn good profit even you have BTC1 to be put as an investment on a gambling site.

And you said that you are ready to take small risk? This kind of investment have big risk and not as small as you think. If only it has small risk, you can see most of the people here having an active investment to those gambling sites.
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March 09, 2017, 11:17:06 PM
 #63

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

That's really scary to think that you, as a co-owner of a casino that receives investments, is thinking that there is a great chance that there would be some owners that will run away with the money of the investors. You are technically saying, "diversify, because we don't know if they will run for the money!" Which I hope the casino owners don't do.
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March 10, 2017, 03:23:05 PM
 #64

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

That's really scary to think that you, as a co-owner of a casino that receives investments, is thinking that there is a great chance that there would be some owners that will run away with the money of the investors. You are technically saying, "diversify, because we don't know if they will run for the money!" Which I hope the casino owners don't do.

I did not say that.  I don't think there is a great chance, but the chance always exists. Please let me clarify more.

First, let me state, that I have some of my own personal funds diversified through quite a few sites that offer investments.  The amount differs by how much I trust them, how much I know about the owners, past history, reputation, stake of bankroll ratio, betting volume to bankroll ratio, and a few other things.

I am confident that in the long run, it will provide me with a lucrative return.

Now having said that, there is always a chance owners (albeit imo, a very small chance with most of the top sites these days) will run away with investor's money.  

That's why it pays to research, reach out to owners, talk with them and establish a direct line of contact if possible.  Find out what the best and worst case scenarios are.  Find out what happens if they do disappear for example and if there's something to track them down or just an empty shell company or completely anonymous information.  

That isn't the only reason to diversify though.  You want to minimize variance and volatility so that your risk of ruin is lowered.  For instance (this is not an attack on SD), if you had all your bitcoin invested into safedice, there was a period where you could have lost 90% of your holdings in one night.  If you're looking to invest and grow, your aim should be to make it to the long run instead of gambling against whales and heavy action.



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March 11, 2017, 12:07:58 AM
 #65

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

But for now moneypot is being negative, do you think that it will rise again? Because most people will saw the result first rather than the process you guys have been through. And one more thing, I know that moneypot has many sites that it covers up so will it be better if diversify it on other site than on moneypot?
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March 11, 2017, 12:10:03 AM
 #66

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

That's really scary to think that you, as a co-owner of a casino that receives investments, is thinking that there is a great chance that there would be some owners that will run away with the money of the investors. You are technically saying, "diversify, because we don't know if they will run for the money!" Which I hope the casino owners don't do.

In this competitive world, there is no guaranty that one business can survive forever. So by diversifying you will reduce your risk of losing investments. Even though casino is around but if some big whale wins huge amount then your investments will go down a lot. But if you diversify your funds then these risks will be less because your money is put in few casinos at least other casinos profits may compensate these losses.
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March 11, 2017, 05:18:55 AM
 #67

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
Just see your thread now, and i wanna tell you a reminder, don't invest that money in any gambling site, that's too low for an investment to earn in a gambling site which offers outside investment, it will just get cleaned up, i'm sure about that, coz i tried this before already. Trust me.
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March 11, 2017, 09:15:29 AM
 #68

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
Just see your thread now, and i wanna tell you a reminder, don't invest that money in any gambling site, that's too low for an investment to earn in a gambling site which offers outside investment, it will just get cleaned up, i'm sure about that, coz i tried this before already. Trust me.


Can you give us the real stats on your investment? And what site did you trust you put your investment? Since for me casino investment is ok and actually that is the most trusted platform where we can put our money with but we should make sure that we invested at legitimate,trusted and well known site with huge bankroll so that we can assure that we will not go on messy situation.

R


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March 11, 2017, 09:36:48 AM
 #69

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley

Good thing that I saw your thread. Well your search is over. Bitvest is I can say the best place to invest those coins you've got. The management is fair and it's been running in the long run now. And I can say the owner of this site is very trusted to the bitcoin gambling community and as well as here in forum. The returns is hard to estimate but the favor goes to the house together with its investors.

Return is there in a long run, cause casinos earn like that. Profitable on long run, but in some moments players win a lot and you are the one who is losing money.
Bitvest is nice place, their campaign here is stable for a long time now, and they haven't any real and big problems. Good advice is investing in this casino, I gamble there from time to time and they are good. Have a good luck investing in this casino, be a kind person and share your experience here for couple weeks or month.

It's given that's the other side of investing on casino's if a lucky guy wins the pot then you will be affected as it counts as a loss for the casino. But if a whale loses his coins to the site then all of you will have a party and will take the portion of that profit. Bitvest has built reputation in the bitcoin gambling industry and there's no need to hesitate and doubt on it.

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March 11, 2017, 12:42:28 PM
 #70

I don't get why so many people on this thread advice against investing, maybe they don't even understand how it works, or had some bad experience. Anyway, the whole point of any investment is to make a small risk and get some reward, and the chances of success must be higher than chances to lose. This is definitely the thing about casino investments, since the house edge is on your side, and you have a huge number or rolls to make that house edge work.

Now, about which site should you choose, you need to make your own research, get some in-depth understanding how casino operate and so on. From my personal experience, I can say that crypto-games is quite reliable, although they already have a huge bankroll, so your 0.2-0.3 BTC might not yield the highest return. They also accept altcoins, which can be a quite interesting option.

Also I have investment at yolodice, the casino is new and the bankroll is not giant yet, so there's a potential to get a good profit, the also allow to leverage your investment for a higher risk/reward.

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March 12, 2017, 06:52:50 PM
 #71

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
Just see your thread now, and i wanna tell you a reminder, don't invest that money in any gambling site, that's too low for an investment to earn in a gambling site which offers outside investment, it will just get cleaned up, i'm sure about that, coz i tried this before already. Trust me.


Can you give us the real stats on your investment? And what site did you trust you put your investment? Since for me casino investment is ok and actually that is the most trusted platform where we can put our money with but we should make sure that we invested at legitimate,trusted and well known site with huge bankroll so that we can assure that we will not go on messy situation.
I invested in moneypot before, I just tried it, well most sites have their calculator of profit, because it depends on the whole bankroll of the site, which in case of casinos, they are high, to be in proportional to your investment, so in that way you can see that it is not profitable for that kind of low investments.
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March 12, 2017, 09:11:51 PM
 #72

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
Just see your thread now, and i wanna tell you a reminder, don't invest that money in any gambling site, that's too low for an investment to earn in a gambling site which offers outside investment, it will just get cleaned up, i'm sure about that, coz i tried this before already. Trust me.
Where did you invest and where did you lost money? How long did you hold your investment, in long run investment should be just fine.

I don't get why so many people on this thread advice against investing, maybe they don't even understand how it works, or had some bad experience.
~snip~
The more people invest in gambling sites, higher the bankroll, less peace of cake you will get. It might be one of the reasons, but i might be wrong   Wink
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March 12, 2017, 10:17:52 PM
 #73

To invest i think bitvest.io is not bad at a moment Smiley

hehe,bitvest is decent,but it needs more whales betting
once nathan is not playing or any other high roller-there is not much movement up or down in terms of your profit
but yeah,it is a good site to invest into and the investment itself is handled very good
you can instantly divest or reinvest as many times as you want
and the minimum is only 0.01

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Lorilikes
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May 30, 2017, 06:06:51 AM
 #74

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley

Good thing that I saw your thread. Well your search is over. Bitvest is I can say the best place to invest those coins you've got. The management is fair and it's been running in the long run now. And I can say the owner of this site is very trusted to the bitcoin gambling community and as well as here in forum. The returns is hard to estimate but the favor goes to the house together with its investors.


I agree wholeheartedly about bitvest.io plus I am a moderator over there, and if you send me a private message here I will help you and show you the ropes!  Good luck whatever you should decide. 
 Cool

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May 30, 2017, 06:11:33 AM
 #75

Coming from someone who co-owns a site that offers house bankroll contributions (Moneypot.com), unless you have a worked out deal, know the owners personally and/or are able to easily connect to them and have their personal details, you should be diversifying between a few sites to minimize variance and risk of ruin.

That's really scary to think that you, as a co-owner of a casino that receives investments, is thinking that there is a great chance that there would be some owners that will run away with the money of the investors. You are technically saying, "diversify, because we don't know if they will run for the money!" Which I hope the casino owners don't do.
I think it's a risk that must be faced if you choose to invest, there is no way to prevent it from happening. The only thing that makes your money safe if the owner of the site is an honest person and he is serious about running the business run.

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May 30, 2017, 10:34:14 AM
 #76

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
0.2-0.3 BTC on putting it on gambling site bankrolls somehow doesnt really feel up the profits you would made.I think 1 btc would be minimum for you to be able to feel the profits and investing on them does really have lesser risk compared on directly playing on the site. There are certain gambling sites that are open for investors i dont have any list and just make up search on this forum and you will surely find one.

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May 31, 2017, 07:22:12 AM
 #77

Hello there i want to invest some 0.2-0.3 btc in casinos or gambling sites.Please suggest me some sites where i can do this investement.
How much possible return i can get and how much is the risk.I am ready to take small risk involved.Any other suggestions for investement are also welcome. Smiley
0.2-0.3 BTC on putting it on gambling site bankrolls somehow doesnt really feel up the profits you would made.I think 1 btc would be minimum for you to be able to feel the profits and investing on them does really have lesser risk compared on directly playing on the site. There are certain gambling sites that are open for investors i dont have any list and just make up search on this forum and you will surely find one.
I follow this thread, https://bitcointalk.org/index.php?topic=1585408.0
They are making money..
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May 31, 2017, 10:18:11 AM
 #78

Generally the best sites I'm used to investing in are already down RN "without issues, but just closed" PRCdice and Justdice "with BTC", however moneypot seems to be a large big website, of course you should do your own work before investing in something.
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May 31, 2017, 11:37:47 AM
 #79

Generally the best sites I'm used to investing in are already down RN "without issues, but just closed" PRCdice and Justdice "with BTC", however moneypot seems to be a large big website, of course you should do your own work before investing in something.

i think we can choose moneypot as our investment site because i see in moneypot, there are many recommended gambling site that we can follow. beside that, moneypot itself is a recommended by many of members so i think we can give a shoot with this sites but remember, don't put all of our money in just one sites, just spread it into 2-3 sites and see what will happen in future.

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May 31, 2017, 02:07:36 PM
 #80

Generally the best sites I'm used to investing in are already down RN "without issues, but just closed" PRCdice and Justdice "with BTC", however moneypot seems to be a large big website, of course you should do your own work before investing in something.

i think we can choose moneypot as our investment site because i see in moneypot, there are many recommended gambling site that we can follow. beside that, moneypot itself is a recommended by many of members so i think we can give a shoot with this sites but remember, don't put all of our money in just one sites, just spread it into 2-3 sites and see what will happen in future.
although i still give preference to physical casino, as it is too much convenient to me to play gambling there, but still  now i want to start playing gambling online, for this purpose i start studying about online gambling sites, and i also do study about moneypot, and really found it more interesting, although still i do not invest money there for playing gambling, but in future may be i start playing gambling online using monypot gambling site.

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