My casino bankroll investments diary

[iluvbitcoins]

I'm starting a spreadsheet which will contain my profits/losses on my bankroll investments.
Enjoy, hope I'll help people realize if bankroll investments are worth it or not



Information is going to be backed up with screenshots so all the details are going to be legit.

http://prntscr.com/hw5wxt
http://prntscr.com/hw5y79
http://prntscr.com/hw5xba

I have an active investment on BetKing too, but since I think they're full of shit, I will not be posting any updates from their website.

[Janinjo11]

I'm starting a spreadsheet which will contain my profits/losses on my bankroll investments.
Enjoy, hope I'll help people realize if bankroll investments are worth it or not



Information is going to be backed up with screenshots so all the details are going to be legit.

http://prntscr.com/hw5wxt
http://prntscr.com/hw5y79
http://prntscr.com/hw5xba

I have an active investment on BetKing too, but since I think they're full of shit, I will not be posting any updates from their website.

Casino?  What strategy are you going to use for playing dice?

Kelly criterion is good for staking plan, but in sports, I'm not sure about Kelly when it comes to playing dice. In sports, you can predict the event with good analysis. But dice is gambling and you can only guess, not predict.

[ralle14]

Casino?   What strategy are you going to use for playing dice?

Kelly criterion is good for staking plan, but in sports, I'm not sure about Kelly when it comes to playing dice. In sports, you can predict the event with good analysis. But dice is gambling and you can only guess, not predict.

What are you talking about ? He's not gambling with his bitcoin. Basically he's joining the house by putting his money on to the casino's bankroll. Making profit in the long run along with other investors who also invested in the site.

@OP When will you check/update your investments? Every week, twice a week, couple of days or every month ?

[BillCoin]

That's cool.

But I would recommend you not to invest on gambling sites as you are almost guaranteed to lose at the long run.
Also, it would be nice if you make a calculation at what site you earned the most, and what was your return parentage at the long run, so we can check out if the site is really provably fair( if the house edge matches the outcome amount).

Seems like most of the sites lie about the monthly income amount, and it hurts the bankroll investors, would be happy how long it would take for you to return your investment.

[chris200x9]

I also suggest if possible you can consider investing LTC, ETH and other altcoins in crypto games site because that site has given a good profit for a long time. Other two sites I wanted to invest but not yet done maybe soon I will consider starting investing some money.

You can provide an information on profit and losses either on weekly basis or monthly basis.

[audrey12]

You have a bright idea and I'll try following how will those investment of yours go far. I'd like to do the same but for now I need to settle first some important matters and when I have enough money to do casino as well as betting I will surely then enjoy making some investment in the bankroll while using some for leisure such as gambling.

[Janinjo11]

Casino?   What strategy are you going to use for playing dice?

Kelly criterion is good for staking plan, but in sports, I'm not sure about Kelly when it comes to playing dice. In sports, you can predict the event with good analysis. But dice is gambling and you can only guess, not predict.

What are you talking about ? He's not gambling with his bitcoin. Basically he's joining the house by putting his money on to the casino's bankroll. Making profit in the long run along with other investors who also invested in the site.

@OP When will you check/update your investments? Every week, twice a week, couple of days or every month ?

Since this post is under  Gambling > Gambling discussion, of course, that I assumed he was going to gamble on these casino games. But thanks for an explanation though.

[Patatas]

Information is going to be backed up with screenshots so all the details are going to be legit.

Why not just share the google-doc/spreedsheet with view only rights instead ? I mean how often would you keep updating the screen-shots.

I have an active investment on BetKing too, but since I think they're full of shit, I will not be posting any updates from their website.

LOL Why ? There are apparently the 'most trusted ' on bitcointalk.I gave up when I think the founder put up the website for sell with insane amounts.I'd like to know though what made you come to that conclusion ?

[nidacoinlove]

I also suggest if possible you can consider investing LTC, ETH and other altcoins in crypto games site because that site has given a good profit for a long time. Other two sites I wanted to invest but not yet done maybe soon I will consider starting investing some money.

You can provide an information on profit and losses either on weekly basis or monthly basis.

Investment with the altcoins is a nice idea, I think any site with a good reputation can be used to invest. But for people who can't take a high risk such investment don't work all the time. Many people want to earn only while forgetting about the loses, these sites can also go to loses. People when lose their money thinks bad about the website and mostly they comment negatively.

[chris200x9]

I also suggest if possible you can consider investing LTC, ETH and other altcoins in crypto games site because that site has given a good profit for a long time. Other two sites I wanted to invest but not yet done maybe soon I will consider starting investing some money.

You can provide an information on profit and losses either on weekly basis or monthly basis.

Investment with the altcoins is a nice idea, I think any site with a good reputation can be used to invest. But for people who can't take a high risk such investment don't work all the time. Many people want to earn only while forgetting about the loses, these sites can also go to loses. People when lose their money thinks bad about the website and mostly they comment negatively.

People who are already in a crypto investments they are risk takers. Cryptocurrency investments are a highly volatile market so if one is not a risk taker then they will never enter into these crypto investments. Investing in casino bankroll is a slightly higher risk but at the same time, we can also get better profits from these investments.

[arisatox]

This is a good idea! How often will you update the list and will you ever add other coins or just btc?

[alisafidel58]

Casino?  What strategy are you going to use for playing dice?

Kelly criterion is good for staking plan, but in sports, I'm not sure about Kelly when it comes to playing dice. In sports, you can predict the event with good analysis. But dice is gambling and you can only guess, not predict.

The heck are you talking about?
OP is not playing any games on the gambling sites the he invested, casino bankroll means that the money that you invested will be used by the company as part of they payment they give on other players, profit that you will get in casino bankroll will defer if more players lose while playing their games, you might as well lose all you investment if players win against the house.

[BillCoin]

I also suggest if possible you can consider investing LTC, ETH and other altcoins in crypto games site because that site has given a good profit for a long time. Other two sites I wanted to invest but not yet done maybe soon I will consider starting investing some money.

You can provide an information on profit and losses either on weekly basis or monthly basis.

I had the same thought, but you are taking a risk when you invest altcoins because their price tends to go up and down really frequently so you may end up with less value in bitcoins even if you went out with a profit in the altcoin you invested.

You may get more precents for investing altcoins at gambling houses, but what you are actually doing is to invest in the altcoin, that's the reason I prefer to make my investments with bitcoin.

[kryptqnick]

iluvbitcoins, that's a great idea! I remember there was a thread where a forum member provided info on his/her investments and how they went, but that was a long time ago, I don't think it's still active, whereas people always need some fresh information. I think what lacks in your post is dates. I guess it's important how long does it take to earn profit in each casino, people need to see the dynamics. Maybe a good idea would be to make charts showing the changes made to initial investment with time in each casino. Good luck to you!

[omonuyak]

How did this bankroll investment really work? I have been hearing about this for quite some time now and thinking if the risk is quite different from that of gambling and risk involved. I have lost some money in betonmarket and since then I am afraid of investing into any of such risk!

[chris200x9]

I also suggest if possible you can consider investing LTC, ETH and other altcoins in crypto games site because that site has given a good profit for a long time. Other two sites I wanted to invest but not yet done maybe soon I will consider starting investing some money.

You can provide an information on profit and losses either on weekly basis or monthly basis.

I had the same thought, but you are taking a risk when you invest altcoins because their price tends to go up and down really frequently so you may end up with less value in bitcoins even if you went out with a profit in the altcoin you invested.

You may get more precents for investing altcoins at gambling houses, but what you are actually doing is to invest in the altcoin, that's the reason I prefer to make my investments with bitcoin.

There are many altcoins has done recently wonders in this hot market so you should know what kind of altcoins you need to purchase and invest.

I put ETH and LTC and both of them I purchased with a double-digit number and now one is more than 1000 and another one is around 300 along with that my both ETH and LTC amount also grown up in this investment. Yes, I'm taking my calculated risks to make money.

[crwth]

I'm interested in seeing how this investment is going to be but if I want to copy it I don't have something with that amount also. I think it's going to work because casinos now are earning a lot and to profit from it is a good idea.

[iluvbitcoins]

Casino?   What strategy are you going to use for playing dice?

Kelly criterion is good for staking plan, but in sports, I'm not sure about Kelly when it comes to playing dice. In sports, you can predict the event with good analysis. But dice is gambling and you can only guess, not predict.

No, dude, I'm investing in the bankroll, I'm not gambling.

@OP When will you check/update your investments? Every week, twice a week, couple of days or every month ?

Every week.

That's cool.

But I would recommend you not to invest on gambling sites as you are almost guaranteed to lose at the long run.
Also, it would be nice if you make a calculation at what site you earned the most, and what was your return parentage at the long run, so we can check out if the site is really provably fair( if the house edge matches the outcome amount).

Seems like most of the sites lie about the monthly income amount, and it hurts the bankroll investors, would be happy how long it would take for you to return your investment.

That is my intention, I'll make those stats.
Why do you think you're guaranteed to lose in the long run?
You have the edge to play in your favor.

Why not just share the google-doc/spreedsheet with view only rights instead ? I mean how often would you keep updating the screen-shots.

Will do when there's a couple of updates.
No need yet since there's only one screenshot.

LOL Why ? There are apparently the 'most trusted ' on bitcointalk.I gave up when I think the founder put up the website for sell with insane amounts.I'd like to know though what made you come to that conclusion ?

The bankroll is ICOs FIAT worth at time of the ICO.
So, esentially what happened is, you deposit BTC for a BTC casino, but your investment is worth the FIAT value at ICO time.
Apparently it was stated somewhere, some others have pointed it out, but I and some others have not seen this and invested without realizing investing BTC in a BTC casino will result in selling the BTC  


@all altcoin investment replies
Investing in altcoins is a risk on its own, I'd like to keep my money in BTC

iluvbitcoins, that's a great idea! I remember there was a thread where a forum member provided info on his/her investments and how they went, but that was a long time ago, I don't think it's still active, whereas people always need some fresh information. I think what lacks in your post is dates. I guess it's important how long does it take to earn profit in each casino, people need to see the dynamics. Maybe a good idea would be to make charts showing the changes made to initial investment with time in each casino. Good luck to you!

I was thinking of keeping tabs as Week 1, Week 2, Week 3 etc.

How did this bankroll investment really work? I have been hearing about this for quite some time now and thinking if the risk is quite different from that of gambling and risk involved. I have lost some money in betonmarket and since then I am afraid of investing into any of such risk!

You invest in the bankroll and the profits the casino generates are distributed among bankroll investors proportional to their bankroll investment.
It's risky, but you gotta pick good websites, which are reputable, I consider these 3 to be one of the most reputable ones for investments.