dark08
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May 01, 2019, 10:39:25 PM |
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But I wonder what do you mean by dark secret on investment in gambling site?
I assume he's referring to the server seed? Pretty much all [1] investing sites you have to put 100% faith in the operator, as the operator knows the server-seed and can use it to undetectably cheat investors. [1] I think bustadice is a possible exception. But the guarantees are still weak enough that you might as well treat it the same. This is not good for the investor who assume a safest and good return well this case is not unique in gambling industry since making investment is high risk the possibility of cheating is always their. The first Gambling site I investment way back 2018 is crypto-games I made some profit but I'm not reinvested again to safe guard my capital from possibility of hacking, cheating or any not good to happen.
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jazmuzika217
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May 02, 2019, 05:42:45 AM |
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Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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May 02, 2019, 01:23:49 PM |
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I very much agree with your reasoning, but not really your conclusion. I've had a lot of success with bankroll-investing (and margin-lending in fact), but I think the absolute key thing is just being extremely disciplined with how much you invest. Many people have this (imo, misguided) idea of finding a "great investment" and then put a lot of money into it. But I think it's way better to find "good investments" and put a tiny bit of money into them.
There's definitely a lot of high-fixed costs into any investment (e.g. research) but I think it's really worth while even for nothing but practice. Because yeah, as you alluded to -- almost everyone who wants your money for "investment" just wants it for their own pockets.
(Also another important thing about diversification is continually taking your profits out. Otherwise it might only look well on paper, but it's all fake profits (e.g. a nascent ponzi) and you end up having too much exposure).
And also what I keep trying to tell myself. The problem with all these investments is that no matter how you want to argue, the owners of the casino/bankroll just want to make profit. Luckily, the ones I have invested in all make money, and they are happy to take their cut from it when your bankroll grows. It's just "free" money for them, they have no risk with your money, the risk is all with us as investors. So never put everything in one basket, and never put everything in all the baskets. I've made great profits too and am happy with how they work but I'll never put anything significant in case one day they screw me.
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davinchi
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May 02, 2019, 04:52:55 PM |
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I too agree with Rhavar to a point because he is right about putting into different stuff makes sure you do not have big exposure and lowers your risk but that is applicable on some of the stuff and not everything, if you are going to divide your money into 10 and your first 4-5 casinos are more known and reliable and your last 5 is just shady looking but only ones left type of place that you put in just to divide your money and lower your risk you are actually increasing your risk.
Instead of putting your money into 10+ stuff that you are not so sure about putting it on just one place like bustabit for example would help you much more and it definitely has lower risk than 10+ shady casino. If you can find trustworthy places its always better to divide your money among them but if you can't just put it on the one you trust.
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panjul07
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May 02, 2019, 08:04:36 PM |
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Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.
Accepting investment is not related to how popular the site is. There are some popular gambling sites offer investment such as crypto-games, yolodice, bustabit, bitvest. All those sites are popular, aren't they? It is even worst if unpopular site tries to accept investment as investors wont be interested to invest their money on non popular sites as it may not give them any benefit due to the low popularity.
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Carrelmae10
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May 03, 2019, 07:09:49 AM |
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Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.
Accepting investment is not related to how popular the site is. There are some popular gambling sites offer investment such as crypto-games, yolodice, bustabit, bitvest. All those sites are popular, aren't they? It is even worst if unpopular site tries to accept investment as investors wont be interested to invest their money on non popular sites as it may not give them any benefit due to the low popularity. ..yeah,,popularity of a gambling site is just one key factor to attract gamblers,, but it is the choice of the investor which site will he going to invest, weather it is popular or not,,just my opinion,,although there are lot of gambling sites that offers investments,,it is not practical to invest much on those sites for there is a possibility to gain a big lost and not a profit for you might be tempted to bet all your investments when you started to gamble on a particular gambling site you prefer..
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vennali
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#SWGT CERTIK Audited
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May 03, 2019, 07:44:28 AM |
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Search for some local gambling websites. Honestly i really dont think gambling websites would be open for investment except if that site is not popular but thats an isolated case i think. To think that have an online casino running, i think they got bunch of money in it they were never look for a third party investors who will soon need to be paid.
Well people developing gambling websites for use with bitcoins or crypto might not be backed like a local casino join. Site owners are usually developers who don't have millions of dollars in funds to back up site bankroll. They have to rely on external funding to make the max bet more attractive and be able to financially fund the bank roll.
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beerlover
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May 03, 2019, 08:40:08 AM |
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I think the newer casinos and even some older ones accept bitcoin investment option because they want to remove the risk of running out of money during gambling operations. Most of the casinos you see like bustabit and all that actually put their own money into that bankroll as well, hell its almost always the biggest portion when it starts early on.
They just want to give the gamblers a chance to win much more and not have the risk of running out of money, even if you have 1000 bitcoins that you can bankroll a casino and allow people to win up to 30 bitcoins at max, isn't it better that you risk your 1000 bitcoin less and still have a 5000 bitcoin bankroll ? You both make investors rich, you give yourself less risk and you end up with bigger max bet for gamblers, its all around win for everyone.
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Bitinity
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May 03, 2019, 09:57:52 AM |
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Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
What kind of investment sites you are referring to that is safer than investing in gambling site's bankroll? Many people invest in gambling site's bankroll because they believe that the house is always win especially for long term so it will give good profit, obviously we cant deny that we should be ready for the risk as well. I do not think there is a "safe" investment because risk is involved in any kind of investments.
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iv4n
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May 03, 2019, 05:22:33 PM |
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Now there are many, many, many casinos where you can invest in their bankroll, tokens, to collect dividends, to mine their tokens while you gamble. There are casinos on ethereum, tron, eos networks, at least the ones I follow, but there are casinos on other chains too. Currently I have most of the fun playing roulette on betking, its how I mine their token and thus I invest that token in bankroll or trade it back for the bitcoin and gamble more, nice and it can be profitable.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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May 04, 2019, 07:30:27 AM |
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While we are talking about "investments" do you think casinos who do not accept investments use your deposit as a "free capital" for a while, I know they can't do it for a long time but how many people actually deposit and withdraw all the time, there must be some amount that is barely ever touched considering while someone withdraws others deposit so there is always money in the casino.
They have the advantage of house edge so maybe some of them do lose a lot of money on some whales but pay that whale back with the amount they actually don't have themselves but use the deposited amount of the gamblers and hope that they will not withdraw until someone loses the same amount as well and just fill that bucket up with new deposits and losses until they are at break even once again ? I know it sounds like ponzi but they are still winning 1% all wagered on average so they could actually pull it off.
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Coinbox1
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TrustDice Official Rep
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May 04, 2019, 09:23:15 AM |
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Investments: like to invest money and get passive income/dividends? If so, then there are some Gambling games on EOS blockchain offering Passive income. Because of their Token Economy, Users who hold their token, gets some Passive income. More you hold, more you get. This holding calls "stake", so you buy their token and Stake it in the game. It's real and legit, if projects Token economy is good enough. As example, of this Token economy is our game: trustdice.win. Official threadYou should know, that some gambling projects on EOS are not thinking over enough the Token economy of their project. So at the beginning they are promising lot of passive income, and after sometime, they start to have a lot problems with paying this passive income.
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doomistake
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May 04, 2019, 01:08:53 PM |
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Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
Investment sites like Trading platform? or investment sites like PONZI schemes? because if it is a Trading platform, then it is a good one, but if it is a ponzi schemes then it is like a gambling sites. Just want to say that Trading Sites is a good one but it will take a lot of efforts and knowledge for you to make profits out of it. It takes tike because you have to study a lot if you want your capital to last.
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blockman
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May 04, 2019, 07:38:48 PM |
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Why do you choose gambling sites to invest instead of investment sites?
Casinos that has bankroll investment offerings are way much better and legit than those investment sites you are talking about. I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
Investment sites are safer? the only safe investment site you are probably saying are the exchanges, other than that there's none. What are the possible investment sites that you are saying? - ponzi - hyip - cloud mining And most of them are scams.
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PastirmaliYumurta
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PRIVATE FEDERATED BLOCKCHAIN
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May 05, 2019, 04:01:32 PM |
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For those who want to invest anonymously I do not look good. I just saw an ico, name is tokenroll. There's no other one right now.
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daarul50
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May 05, 2019, 05:13:39 PM |
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Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
Investment sites like Trading platform? or investment sites like PONZI schemes? because if it is a Trading platform, then it is a good one, but if it is a ponzi schemes then it is like a gambling sites. Just want to say that Trading Sites is a good one but it will take a lot of efforts and knowledge for you to make profits out of it. It takes tike because you have to study a lot if you want your capital to last. Investing in gambling sites does not require extensive knowledge, just luck. If you are lucky, you will benefit from the investment you make on the gambling site. Many gambling sites offer investment, but not all gambling sites that offer these investments are proven to be reliable.
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Pamadar
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May 05, 2019, 05:26:19 PM |
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Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
Investment sites like Trading platform? or investment sites like PONZI schemes? because if it is a Trading platform, then it is a good one, but if it is a ponzi schemes then it is like a gambling sites. Just want to say that Trading Sites is a good one but it will take a lot of efforts and knowledge for you to make profits out of it. It takes tike because you have to study a lot if you want your capital to last. Investing in gambling sites does not require extensive knowledge, just luck. If you are lucky, you will benefit from the investment you make on the gambling site. Many gambling sites offer investment, but not all gambling sites that offer these investments are proven to be reliable. Luck that bring good profits to the house so you'll be able to have a good amount of shares, still not a sure passive but lesser risk if you will invest with house bankroll, the more the house to win the more benefits you'll receive, research and study each gambling house both old and new who offers investment, take the risk after you fully understand everything about the earnings possibilities and how things was been executed.
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blockman
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May 05, 2019, 07:07:22 PM |
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For those who want to invest anonymously I do not look good. I just saw an ico, name is tokenroll. There's no other one right now.
I also saw that ICO but I don't think that it is something else and different from the very first ICO that we've seen. Investing in gambling sites does not require extensive knowledge, just luck. If you are lucky, you will benefit from the investment you make on the gambling site. Many gambling sites offer investment, but not all gambling sites that offer these investments are proven to be reliable.
You may need some luck but you need to invest and choose the reputable casino. It's all about your choice because luck is for gamblers though it also has part for investors.
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uneng
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May 05, 2019, 10:57:54 PM |
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Why do you choose gambling sites to invest instead of investment sites? I think the investment sites will be safer, but there are many gambling sites that you can invest in, such as bustadice.I have tried investing and playing on this site that is good
Investment sites like Trading platform? or investment sites like PONZI schemes? because if it is a Trading platform, then it is a good one, but if it is a ponzi schemes then it is like a gambling sites. Just want to say that Trading Sites is a good one but it will take a lot of efforts and knowledge for you to make profits out of it. It takes tike because you have to study a lot if you want your capital to last. Investing in gambling sites does not require extensive knowledge, just luck. If you are lucky, you will benefit from the investment you make on the gambling site. Many gambling sites offer investment, but not all gambling sites that offer these investments are proven to be reliable. Luck can help you to make profit faster, but on long run, it's not necessary to worry, you will always make money, being lucky or unlucky, because as we know, casinos always make profit on long run, thanks to the little % advantage, the house edge. A good hint is to invest in a casino which has much activity, many gamblers playing on a daily basis, because that is the place where the profit will be probably generated faster for the investor.
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Siren
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May 05, 2019, 11:10:22 PM |
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There was a gambling site that introduced by a friend name EOSbet that i find cool for investors becauas they are giving dividend for those who holds their token with EOS coin My friend now gathets some EOS just by letting he's token sits on theor platform wasn't that good as investment mate? For those who want to invest anonymously I do not look good. I just saw an ico, name is tokenroll. There's no other one right now.
So whata the advantage of this ICO to others?you should have told us so we might check the project and may consider investing also
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