Will Casino Investors Become Worthless Someday?

[mrcash02]

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

[Tipstar]

We've seen few go through this ICO and s***.
I don't think the motive of all of them are similar but ICO are not as free and open investment for investors as to invest directly in the bankroll.
There are still few established sites letting investor to directly invest in bankroll and I hope they'll continue to do so.

[MinerHQ]

Some of them who went to ICO method also sharing profits on a regular basis as a dividend means even from ICO investment you can get a profit share from casino profits. But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

[mrcash02]

Some of them who went to ICO method also sharing profits on a regular basis as a dividend means even from ICO investment you can get a profit share from casino profits. But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

Yes, that is what it seems, slowly they are going into the ICO route... Smart move from their side, not so good for casino investors.

To receive profit shares in a regular basis is good, I didn't know they would give this advantage to ICO investors, I thought they would just buy all the tokens back and it's over.

[ethereumhunter]

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

maybe they found new method to attracted more investor to join with them. so far, if they think it will work then they will continue to work on ICO. and for investor, as long as they can reach big profit, then i think they don't problem with the new way of the casino and they will place their money in that ICO. so both, casino and investor, will get their profit with this way. but for other new casino, i think not all of casino will do this way but soon if they think it give benefit to them, they will follow too.

[Caladonian]

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

good question mate as we seen known gambling house open their ico token allowing new investors to join its a good way to earn for people who loves to make new venture and like what you have mention maybe if this become successful more and more casino house will ride this way and give more opportunities for everyone.

[ralle14]

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Imo only some of them will go through this path of ico and i'm not a fan of it because I haven't seen one bitcoin casino become succesful with it.

But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

If they're having problems with money then they could just reduce the profits of the investors.

[Oilacris]

Seems casinos have found a new way to fulfil their bankrolls. Instead of asking for investors money and sharing profit during all the time, they open ICOs, ask for initial money, sell the tokens and buy it later, it's an one time profit chance for investors...

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Ive known that Bitdice and Betking do ran an ICO and i didnt see other old gambling site do with the same flow but there are new gambling sites do decide to come up with and ICO and i would say its not really bad to have this kind of step when it comes on seeking investors. The main thing here is that when a particular ico investor bought on ico price and the price of token have been dumped because its either on those bounty hunters then for sure investors would really be on negative when they tend to sell out on cheaper price which means they would actually be included on the waiting game on where prices would come up again comparing into the system on the tradition profit sharing.

[bajing]

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

[DrGuns4Hands]

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income everyday.

[MintCondition]

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

The only thing that I don't like about casino launch an ICO was the price volatility of the share. Because if someone that holds huge percentage decided to pull out shares. The value of the remaining will decrease and it will cause a chain reaction that may result on loss of casino.

[chris200x9]

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income every day.

We have two chances to get losses in investing on casino sites. One is if the casino shut down without intimating investors and another one is if the casino gets negative feedback from many users then it will lose players the profit will be reduced and finally you may have a chance to lose your investment. We can make a profit in investing on casino, but you should invest only in an old casino that running for at least couple of years and it should be rated well by users.

[BlockEye]

Indeed, casinos that make ICO more promising greater profit than the casino that uses the method of sharing profits but i think the investors will still choose to invest their money on the casino that uses the method of sharing profit because they can easily cashout their money whenever they want.

The only thing that I don't like about casino launch an ICO was the price volatility of the share. Because if someone that holds huge percentage decided to pull out shares. The value of the remaining will decrease and it will cause a chain reaction that may result on loss of casino.

Well that's pretty true,we don't know who are those investors who invest and ICO's have no guarantees that those investors will not withdraw it. Some ICO which successful at end of ICO but upon release of tokens some were withdrawing it that causes offloading of funds of the company that makes the project failed well this cases were not from gambling casino having ICO it's base on some ICO stories.

[Yuhee]

nope casino investors won't be worthless someday because they are also stock holders im talking about here the real investors of the company of online casino. those investors have already got their share revenue and they're still making out of it that's the good thing about investment you won't gonna be bankrupt at it because you know that it will have a income every day.

We have two chances to get losses in investing on casino sites. One is if the casino shut down without intimating investors and another one is if the casino gets negative feedback from many users then it will lose players the profit will be reduced and finally you may have a chance to lose your investment. We can make a profit in investing on casino, but you should invest only in an old casino that running for at least couple of years and it should be rated well by users.

Well as long there are ads on there site and anything links then they really are profitting or even visits and views or tries on there site. It can be just an extra profit if there would be any high profile players wanting to make bets on that site. Because i dont think they will have bad insights on the sight. Probably after they have gotten how much they invested on that site, they would start making plans on how to go out without being caught.

[eternalgloom]

I have no idea why they opt to get investors through an ICO instead of just opining their website to investors, like Crypto-Games does, for example.
Seems like an ICO is a good way to get a lot of bankroll with minimal investment on the owners part, which makes it a lot riskier.

I'd personally stick with just investing in proven casino's, much safer imo.

[bering]

ICO based on the casino seems already being the new trend that i saw several project ICO had this concept but worthless or not it will determine from the investors itself because if people more likely to choose and liked this concept then maybe it would not become worthless and with the growing of the casinos based on cryptocurrency currently i think there is a chance this concept will be last long

[piloder]

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Not all casino are going through this and the one who have done this earlier might get maximum profit, all other copy cat projects might not get even minimum threshold because sooner or later investors of those ICO's will know the trick behind all this ICO before starting a working casino.

I haven't invested a penny in such ICO's .

[iluvbitcoins]

Are all casinos going throught this path or will some of them continue using the good and old method of allowing investments and sharing profit with investors?

Not all casino are going through this and the one who have done this earlier might get maximum profit, all other copy cat projects might not get even minimum threshold because sooner or later investors of those ICO's will know the trick behind all this ICO before starting a working casino.

I haven't invested a penny in such ICO's .

Well, aren't they going to distribute profits the same way they would with the bankroll?
+ they are able to move funds more efficiently and invest into marketing which they wouldn't be able to do with bankroll investments

[lite]

Some of them who went to ICO method also sharing profits on a regular basis as a dividend means even from ICO investment you can get a profit share from casino profits. But for casinos, ICO method will be easier to manage than bankroll investments because they will have a freedom to spend money on promotions and other developments compared to bankroll investments so slowly most of the casinos may go into ICO route.

Yes, that is what it seems, slowly they are going into the ICO route... Smart move from their side, not so good for casino investors.

To receive profit shares in a regular basis is good, I didn't know they would give this advantage to ICO investors, I thought they would just buy all the tokens back and it's over.

You would still make good profit, if you keep on holding tokens and sell them at higher price than you bought at. afaik bitdice's tokens will provide you dividends and betking tokens will be bought with the profits they generate. i have invested in both the ico(s) and believe over long run they will give me good profit.

[mrcash02]

I have no idea why they opt to get investors through an ICO instead of just opining their website to investors, like Crypto-Games does, for example.
Seems like an ICO is a good way to get a lot of bankroll with minimal investment on the owners part, which makes it a lot riskier.

I'd personally stick with just investing in proven casino's, much safer imo.

Maybe because after the ICO they can enjoy the house's profit alone, without the need to share it with (maybe) hundreds of investors. They have more autonomy to use the bankroll's money as they want, because there isn't risk of investors cashing out lots of BTC anytime, compromising their bankroll size. Makes the casino self-sustainable, independent.