Investing in Gambling Sites

[Barcode_]

Investing in Gambling sites is just like playing Gambling but difference is investing gives you returns and loss chances are less but in playing gambling more chances of loss. But personally i dont like to invest in gambling sites as you cannot give assurance if they dont scam and any time they can shut down and your whole investment can go to loss.

The investors who invest their crypto-currencies in the casino bankroll does gets an advantage of the casino house edge against the players who gamble on the site, I believe some investors who are good in mathematics calculation are more likely to invest in the casino bankroll rather than playing on the site by themselves. As you said, there is always a risk that the casino owners could shut down their site anytime and run away with the investors money, that is the reason investors should always do some research on a casino before investing their money into the bankroll as it could greatly reduce the chances of that scenario happening.

[eternalgloom]

My experience of investment into two gambling sites:

Crypto-games.net:
02.08.2018 invested 1.42006574 btc in crypto-games.net, on 02.09.2018 profit has 0.00735331 btc, at the same time having closed site fee. Also I see advantage of crypto-games that it is possible to make investments in alternative cryptocurrencies and also to close the investment program and to take away money at any time. Next time I will check statistics 02.10.2018

Bustadice.com:
27.08.2018 invested 0.4 btc in "onsite investment". Profit makes today 0.00601833 btc. Not bad, yeah? BUT, it is impossible to take away money at any time because

minimum amount that can be invested or divested is Ƀ 0.01

source: https://bustadice.com/invest

It is the reason for which I don't recommend to invest here.

I like Crypto-Games investment too, but they also have a minimum, actually, and if you take away your investment before 4 weeks, you lose some penalty for early divest. Much lower minimum I think, but still a minimum.

Invest minimum at Bitvest is the same as Bustadice (0.01 BTC), I see no problems recommending even with high minimum, which makes sense, no fees for divest at any time. Bitvest also lets you do x10 leverage so that's also pretty good but of course if they incur losses, you lose much more. Also, your profit is 0.006 but if you add that to your investment, then you surely have enough? 60% is a lot of profit...

They don't accept Bitcoin and ETH investments at the moment though.
Other coins are still available for investments, but just make sure that you pick a coin that has a decent monthly wagering rate.

I've been really happy with them in the past, can definitely recommend them.

Be sure to check out Lutpin's investment overview thread, so you have an idea what kind of ROI you're looking at.

https://bitcointalk.org/index.php?topic=2445163.0

[naidray]

Like any tips to look out for, should I risk it and do a leverage higher than 1:1 etc?

This all comes down to the same thing. How much do you trust the casino ?
If we are talking about somehow finding a way to invest into stake or primedice than I would invest all my money into it because I trust it with all my heart.

Moreover, we have seen many casinos that get screwed thru some loophole in the code and the seed which made them lose a lot of money, for example moneypot was a great website with many casinos directly attached to it however the pot was cracked and the gamblers took away a lot of money from it which resulted with investors losing a ton of money in there.

This doesn't mean moneypot is bad, it just means when there are a lot of money at stake, hackers are really into the website 7/24.

[BTCevo]

Investing in Gambling sites is just like playing Gambling but difference is investing gives you returns and loss chances are less but in playing gambling more chances of loss. But personally i dont like to invest in gambling sites as you cannot give assurance if they dont scam and any time they can shut down and your whole investment can go to loss.

The investors who invest their crypto-currencies in the casino bankroll does gets an advantage of the casino house edge against the players who gamble on the site, I believe some investors who are good in mathematics calculation are more likely to invest in the casino bankroll rather than playing on the site by themselves. As you said, there is always a risk that the casino owners could shut down their site anytime and run away with the investors money, that is the reason investors should always do some research on a casino before investing their money into the bankroll as it could greatly reduce the chances of that scenario happening.

You got the point there but with some good research you only can minimalize the effect on their casino. It does not 100% true that they will not get away with our money, in this case I will strongly recommend to invest not all of your money in one site. Although they are being very old site, I belive they will have enough bankroll to support their own site, like Primedice but for others, I think I willl still have a doubt eventhough it is a tiny one. We never know how things will go in the future