wuvdoll
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September 18, 2018, 08:34:15 AM |
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You basically become a house and the "house" in the "house always wins" which means investing in gambling site is a profitable investment however you need to care about two things before you do it.
First is trusting the website, do you trust the website enough that it is definitely making that much money from the house edge or it won't steal money and go and so forth, if you trust the casino that its fine, if you do not you are risking money.
Second one is not using that profits or dividends on gambling yourself, usually investment is done on the casino website and the gambling is right there, some people can't go against the temptation so try to not gamble with your investment.
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veleten
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September 18, 2018, 08:35:58 AM |
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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/investIt is the reason for which I don't recommend to invest here. this is why I prefer to invest in sites that do not have any fancy requirements to divest your money there is always a fine print like minimum amount or time lock or whatever gimmick bitvest.io doesn't have this sort of requirements and you can divest any time and any amount and the minimum to invest is only 0.01 btc cryptogames is good to invest in longterm , but they do not accept bitcoin investments anymore ,sadly
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Dice-Bet
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September 18, 2018, 05:07:29 PM |
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You can leverage between 0.25x and 50x with us -> https://dice-bet.com/ ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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milewilda
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September 18, 2018, 05:21:39 PM |
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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/investIt is the reason for which I don't recommend to invest here. this is why I prefer to invest in sites that do not have any fancy requirements to divest your money there is always a fine print like minimum amount or time lock or whatever gimmick bitvest.io doesn't have this sort of requirements and you can divest any time and any amount and the minimum to invest is only 0.01 btc cryptogames is good to invest in longterm , but they do not accept bitcoin investments anymore ,sadly Not a new thing and these kind of restrictions or rules on divesting are common excluding on other sites but if you do look on your investment for long term then this wont really be a big issue for you. Why we should trust your site?
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Dice-Bet
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September 18, 2018, 05:39:32 PM |
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Why we should trust your site?
That is a good question - Like most good dice sites it will take time before we prove ourselves.
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HiDevin (OP)
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so.. hru?
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September 18, 2018, 05:49:16 PM |
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I invested in 3 sites at the moment. YoloDice ( 0.002 BTC 10x leverage ) Bustabit ( 0.01 BTC All Onsite ) BitVest ( 0.05 ETH with 10x leverage on dice and 5x leverage on the rest )
Can you please share the amounts of profits you are getting from these investments on weekly basis? I have not explored this market very well and I want to invest. So I want to know the profitability beforehand. I have just checked yolodice and their website says, over 666BTC already invested over 290BTC in profits so far So that's a profit of around 44% they have generated for their investors. The bustadice website says, Total bankroll Ƀ 4,356.83587780 Onsite bankroll Ƀ 1,503.10693987 Offsite bankroll Ƀ 2,853.72893793 Investors' total profit Ƀ 607.15138002 So it is around 14% of profit if I compare between total bankroll and investor's profit. These statistics are too good to be true! So I will appreciate if you can share your profitability here with us! Most profits from casinos are dependent on the daily wagers amounts every day ( 1% house edge ) meaning they will earn the house will earn 1% on every bet over time. Most likely a whale probably just played at those sites, and their profits either skyrocketed or plummeted down. For example in Bustabit, investors almost lost 35% of their bankroll. So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
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BTCevo
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September 19, 2018, 12:15:08 PM |
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So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
How are you going to get profit by investing that littl amount, may be in very long term you might do it but let say on SyGambler's case when he turns the casino as his own investment program, I believe that it will be not really good way to just let it slowly regain his profit there. Unless you have big unused money to put for very long term then it will do but to have monthly payment, I do really suggest that
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HiDevin (OP)
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so.. hru?
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September 19, 2018, 05:44:49 PM |
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So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
How are you going to get profit by investing that littl amount, may be in very long term you might do it but let say on SyGambler's case when he turns the casino as his own investment program, I believe that it will be not really good way to just let it slowly regain his profit there. Unless you have big unused money to put for very long term then it will do but to have monthly payment, I do really suggest that I'm just looking for the best investment options right now in bitcoin gambling sites, I may start heavily investing in the future though, or put some of the money I get from trading into Casinos.
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Dice-Bet
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September 19, 2018, 10:30:49 PM |
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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/investIt is the reason for which I don't recommend to invest here. this is why I prefer to invest in sites that do not have any fancy requirements to divest your money there is always a fine print like minimum amount or time lock or whatever gimmick bitvest.io doesn't have this sort of requirements and you can divest any time and any amount and the minimum to invest is only 0.01 btc cryptogames is good to invest in longterm , but they do not accept bitcoin investments anymore ,sadly Not a new thing and these kind of restrictions or rules on divesting are common excluding on other sites but if you do look on your investment for long term then this wont really be a big issue for you. Why we should trust your site? We have public addresses for investor funds now that have been signed by us: BTC wallet signed: message: dice-bet wallet address: 33ydeDprSZJ7Z51EvNrYoRHEo3yD9nSaqJ signature: JBk6aW8DNOskomQmWALY8/mgEQcPyEYwdQ+bCdPkqIcscAFsOtrxh3vitWuGwEqLcfi/p4W0G2f4xQUtXFXfPv4= LTC wallet signed: message: dice-bet wallet address: MK7wPXC5J8RmFDyepvGDqjLiZpDiBjc2Kp signature: IxZVflvnmXEjCRzqR5vOwz39w1VcDJX4AXO+DBlTMlfQOqQ21MQ/dEH2mvSZt+X14pa/krSLNPS8s8+iqFUZ2a0= ETH wallet signed: message: dice-bet wallet address: 0xef3a173f0142bf318e6de2696a18fbd5183f1489 signature: 0x202c056cb53da4f252b038154ac2ec218e5d2b4fd255b2f522660fd5ab82c9be5909ca26ac3e6 70a86b2685ad15c34525496d68684a3f882deb6c3266f9ef50e1b baby steps...
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adaseb
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September 19, 2018, 10:43:17 PM |
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As with all investing there are always risks. However since gambling sites in general have a house edge and a "greed and fear" factor you will generally always come out ahead and seems like a good risk/reward.
However, you need to keep in mind that there are times where its not profitable especially if you are just entering a new position. There can be a period where your balance is in the red and you will need to wait it out until it turns profitable.
In my opinion, these investments are not "get rich quick" you will need to be very patient and hold on to your position for a very long time if you want to see some nice gains.
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slaman29
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September 20, 2018, 08:40:11 AM |
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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/investIt 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...
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veleten
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September 21, 2018, 04:53:09 PM |
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As with all investing there are always risks. However since gambling sites in general have a house edge and a "greed and fear" factor you will generally always come out ahead and seems like a good risk/reward.
However, you need to keep in mind that there are times where its not profitable especially if you are just entering a new position. There can be a period where your balance is in the red and you will need to wait it out until it turns profitable.
In my opinion, these investments are not "get rich quick" you will need to be very patient and hold on to your position for a very long time if you want to see some nice gains.
cannot agree more: anything gambling related is risky, but it is good to have math on your side for a change ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) speaking of investments, of course, in addition to the house edge figures you will also have suboptimal plays from many many gamblers and this what makes casinos prosper,not only the house edge definitely a not "get rich scheme" , you will have to be patient and keep your investment for some time and not to be tempted to divest some people see red figures and divest and leave the site, when the correct course of action would be wait,wait and wait I say never invest for less than a month and do not bother with amounts lower than 0.02 btc the profit will not be really worth it
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BTCevo
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September 23, 2018, 04:58:20 AM |
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So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
How are you going to get profit by investing that littl amount, may be in very long term you might do it but let say on SyGambler's case when he turns the casino as his own investment program, I believe that it will be not really good way to just let it slowly regain his profit there. Unless you have big unused money to put for very long term then it will do but to have monthly payment, I do really suggest that I'm just looking for the best investment options right now in bitcoin gambling sites, I may start heavily investing in the future though, or put some of the money I get from trading into Casinos. Eventhough you place your investment on such profitable site with your big funds if your leverage is 0.5x to 1, this will got no where, and how are you thinking that with that leverage you will get your profit? If you know how to trade why bothering to put your money on investment with such a low leverage. It will be really pointless thing to do, better change your leverage higher
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HiDevin (OP)
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so.. hru?
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September 23, 2018, 05:24:57 AM |
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So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
How are you going to get profit by investing that littl amount, may be in very long term you might do it but let say on SyGambler's case when he turns the casino as his own investment program, I believe that it will be not really good way to just let it slowly regain his profit there. Unless you have big unused money to put for very long term then it will do but to have monthly payment, I do really suggest that I'm just looking for the best investment options right now in bitcoin gambling sites, I may start heavily investing in the future though, or put some of the money I get from trading into Casinos. Eventhough you place your investment on such profitable site with your big funds if your leverage is 0.5x to 1, this will got no where, and how are you thinking that with that leverage you will get your profit? If you know how to trade why bothering to put your money on investment with such a low leverage. It will be really pointless thing to do, better change your leverage higher My first answer was to someone up above and actually I did increase my investment across many sites totaling up to 0.8 btc at the moment ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) , I would still suggest just investing with a low leverage even with a low amount, because you can test and check different options and see how much you will swing etc, etc. There's a lot of reason on putting money in a low leverage, mostly because you want to play it safe and don't want to bust unlike other investors investing in the highest leverage they can. Some sites even advertise 50x leverage ( while not a great idea for the big investor ) is a great idea for the small investors who is investing like 0.001 btc like me before I started this thread. I was asking for help in this thread because some sites may go rogue and steal your bitcoins, so I just wanted some warnings on the way. It's not all about making insane profits quick, but steady income over time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BTCevo
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September 24, 2018, 09:53:07 AM |
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So just be weary of all swings, and I would just suggest investing in a 0.5x - 1x leverage over time if you want to make profits over time, to prevent yourself from getting ripped by 1 whale.
How are you going to get profit by investing that littl amount, may be in very long term you might do it but let say on SyGambler's case when he turns the casino as his own investment program, I believe that it will be not really good way to just let it slowly regain his profit there. Unless you have big unused money to put for very long term then it will do but to have monthly payment, I do really suggest that I'm just looking for the best investment options right now in bitcoin gambling sites, I may start heavily investing in the future though, or put some of the money I get from trading into Casinos. Eventhough you place your investment on such profitable site with your big funds if your leverage is 0.5x to 1, this will got no where, and how are you thinking that with that leverage you will get your profit? If you know how to trade why bothering to put your money on investment with such a low leverage. It will be really pointless thing to do, better change your leverage higher My first answer was to someone up above and actually I did increase my investment across many sites totaling up to 0.8 btc at the moment ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) , I would still suggest just investing with a low leverage even with a low amount, because you can test and check different options and see how much you will swing etc, etc. There's a lot of reason on putting money in a low leverage, mostly because you want to play it safe and don't want to bust unlike other investors investing in the highest leverage they can. Some sites even advertise 50x leverage ( while not a great idea for the big investor ) is a great idea for the small investors who is investing like 0.001 btc like me before I started this thread. I was asking for help in this thread because some sites may go rogue and steal your bitcoins, so I just wanted some warnings on the way. It's not all about making insane profits quick, but steady income over time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I do not say that it is not a right thing to do. But how long do you think that you are going to get profit? And may be for you who does not seek for profit might able to have a steady profit but for others, I do not really think that they want to do this. It is almost a steady profit but it really takes time just to invest although with some huge amount on it
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slaman29
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September 24, 2018, 12:40:57 PM |
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I would still suggest just investing with a low leverage even with a low amount, because you can test and check different options and see how much you will swing etc, etc. There's a lot of reason on putting money in a low leverage, mostly because you want to play it safe and don't want to bust unlike other investors investing in the highest leverage they can. Some sites even advertise 50x leverage ( while not a great idea for the big investor ) is a great idea for the small investors who is investing like 0.001 btc like me before I started this thread. I was asking for help in this thread because some sites may go rogue and steal your bitcoins, so I just wanted some warnings on the way. It's not all about making insane profits quick, but steady income over time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm with you on this. Personally, I have my investment on 1 site at max leverage, but those are very small amounts compared to what I'm prepared to invest in long-term dividends on my main site. Of course, on paper, historical performance for past 1 year looks good, almost >15% for me over 1 year, but that's at full x10 leverage, so essentially, it showed that the site only made me 1.5%. It's still great returns but less than 4% if I just keep it at Freebitco.in. Both sites I equally trust (which is not even 100% trust). Curious which site is offering 50x? I'd love to put in 0.001 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Dice-Bet
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September 24, 2018, 03:19:57 PM |
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I would still suggest just investing with a low leverage even with a low amount, because you can test and check different options and see how much you will swing etc, etc. There's a lot of reason on putting money in a low leverage, mostly because you want to play it safe and don't want to bust unlike other investors investing in the highest leverage they can. Some sites even advertise 50x leverage ( while not a great idea for the big investor ) is a great idea for the small investors who is investing like 0.001 btc like me before I started this thread. I was asking for help in this thread because some sites may go rogue and steal your bitcoins, so I just wanted some warnings on the way. It's not all about making insane profits quick, but steady income over time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm with you on this. Personally, I have my investment on 1 site at max leverage, but those are very small amounts compared to what I'm prepared to invest in long-term dividends on my main site. Of course, on paper, historical performance for past 1 year looks good, almost >15% for me over 1 year, but that's at full x10 leverage, so essentially, it showed that the site only made me 1.5%. It's still great returns but less than 4% if I just keep it at Freebitco.in. Both sites I equally trust (which is not even 100% trust). Curious which site is offering 50x? I'd love to put in 0.001 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We have 50x ---> https://dice-bet.com/And a few more investors have jumped on and are using 50x at the moment (on LTC & ETH)
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noictib
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October 06, 2018, 02:40:37 PM Last edit: October 08, 2018, 04:06:24 AM by noictib |
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Personally I don't go for any type of investment in the gambling field except to place my bet in casinos and sports games But I heard the most famous name in my friend circle is bustadice and money pot ( since I didn't understand well the stretagy to place investment ) but still most of mine friends are making profit with it . Besides this I like to put my investment in freebitco.in websites where it has more safety and very less chances to loss because % of profit to get back to the users is very small (about 4% ) , and also freebitco.in has lots of trust in this field because it is running since long time , where in the starting it was best faucet site and today with the faucet service it is also a casino . But here with all types of the advice , I would like to suggest you that first go for the review in the Google whether the platfrom where you are going to invest is better or not , or there exists any type of scam or they did in past . After that makek investment otherwise you may face loss only and nothing .
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hubballi
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October 06, 2018, 03:27:40 PM |
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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.
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BTCevo
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October 07, 2018, 03:37:23 PM |
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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.
They can't guarantee any loss or even give you proper return but what you need is jusy to have some big whale or others players having good reviews with it and get the provably fair system. I belive as long as there is transparancy on their site, I can assure you that they are noy scamming so investing on any of these sites is surely save. Just need more time to gain some profit
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