TheCoinGrabber
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June 04, 2019, 12:58:48 AM |
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I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.
Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?
I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.
Are there particular casinos you can suggest? A bit embarrassing to admit but I haven't thought of this before. How does the process go? Do you simply send them money or are there papers you have to collect first for the process?
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btc78
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Eloncoin.org - Mars, here we come!
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June 04, 2019, 01:10:04 AM |
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If I wanted to do that I would rather go and try to start my own casino instead. It doesn't take much starting capital to make your own online casino and it is one of the best business models because you are guaranteed to make a profit. Nothing like real life casinos that require a lot of money to run.
Yeah you may right that having own casino site is not need big capital but maintaining the site is one hard task that many has failed Because if this is that easy as what you said then all gambling sites should be successful by now?But it’s not because more than many of them are closing or ending up scamming for the reason of harder for maintaining
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omonuyak
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June 04, 2019, 08:33:15 AM |
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Gambling has made some people rich and for those unlucky one they have made serious lose and now in debt. The house are still there and that means the house make money than the gamblers. Bankrolling is another opportunity for us to share the profits with the House. It is good you reduce your risk if you know that you cannot face the risk in gambling.
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Betwrong
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I stand with Ukraine.
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June 04, 2019, 08:53:00 AM |
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~
So why try to beat someone that's going to inevitably beat you when you can just win by investing in them.
If it was that simple, people would stop working and would invest all their money in gambling sites and would live happily ever after. But it is not that simple. Even established gambling sites lose money during some periods of time, let alone newly appeared ones that go out of business one by one. Also, when you gamble you know that you can lose so you are risking only the money you can afford to lose. But if you think you will surely win by investing in a gambling site, you can lose a really huge amount of money, like that gambler who relies on some "strategy that works".
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DoublerHunter
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June 04, 2019, 10:17:42 AM |
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So why try to beat someone that's going to inevitably beat you when you can just win by investing in them.
Also, when you gamble you know that you can lose so you are risking only the money you can afford to lose. But if you think you will surely win by investing in a gambling site, you can lose a really huge amount of money, like that gambler who relies on some "strategy that works". Investing in the gambling industry for me it seems like you are also gambling your money. They are both risks even you are investing on site that you don't know you will lose in the future or live happily ever after. ^ And you are right if investing in gambling site was so profitable maybe crypto enthusiast will stop trading cryptocurrency just only investing in a gambling site, but the fact is a big no.
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Shinpako09
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June 04, 2019, 12:54:14 PM |
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That's what I really wanted to do before but I did not. Maybe because, you're just gonna invest a not so big amount and I know the return is small as well. I mean you can't turn that small amount into big in a short period of time compared if you get lucky in playing. Plus it's not a guaranteed profit, that if you invested, you're just waiting for ROI daily, weekly, monthly, yearly. So i'd rather take control on my coins.
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angel55
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June 04, 2019, 01:07:53 PM |
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A big whale can still come through and completely wipe a casino out. Most of these games are only 1 percent odds in favor in the house and with a few big bets they can go completely broke on their bankroll. The safest way to make a return on your crypto is to just hold it.
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michellee
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June 04, 2019, 01:20:19 PM |
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Investing in the gambling website will be a good option, but not all gambling site will give a good return for us. We need to select the recommended gambling site so we can make a profit with them. But that doesn't always work since the house will get a lose too like the gambler, but they have a bigger chance to make a profit in the long term. So if we want to make a profit even for a small profit, we can try to invest with them.
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Cacingkemi
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June 04, 2019, 01:25:29 PM |
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A big whale can still come through and completely wipe a casino out. Most of these games are only 1 percent odds in favor in the house and with a few big bets they can go completely broke on their bankroll. The safest way to make a return on your crypto is to just hold it.
I personally agree to investing in a gambling home bankroll, it must be profitable than having to play gambling and lose faster better invest in a bankroll. Indeed its very risky but gambling has also been included in the risk, not our characteristic for hodl in gambling.
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squatz1 (OP)
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Flying Hellfish is a Commie
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June 04, 2019, 02:11:56 PM |
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Don't want to test waters on random sites just to try the bankroll investments.
Yeah, don't do that. Invest only to casinos that has built their reputation in the community just like bustadice. though I'm not sure how they're doing recently and even whether or not the site still allows you to invest into the bankroll.
I think they are still allowing it because it's on their faq. https://www.crypto-games.net/faqWouldn't invest in Bustadice until I seem some bankroll management like CryptoGames has. Any new site is going to have some massive wins and losses for those that invest in the bankroll because they can't manage their bankroll correctly YET. Look at the growth of anyone that invests in CryptoGames. It's pretty steady, because a good gambling site makes steady money.
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Mometaskers
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June 04, 2019, 03:26:09 PM |
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I haven't considered this before. How much would be the minimum amount I can invest in a casino like CryptoGames? A big whale can still come through and completely wipe a casino out. Most of these games are only 1 percent odds in favor in the house and with a few big bets they can go completely broke on their bankroll. The safest way to make a return on your crypto is to just hold it.
Hodling is good but can't blame people for taking a few risks here and there. If the investment pays off then a part of that can be added back to the hodl savings.
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harizen
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For support ➡️ help.bc.game
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June 04, 2019, 03:37:14 PM |
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I haven't considered this before. How much would be the minimum amount I can invest in a casino like CryptoGames?
As of the FAQ's... The minimum investment amounts are: 0.01 Bitcoin 0.25 Ether 0.5 Dash 1 Litecoin 1 Monero 0.1 Bitcoin Cash 20,000 Dogecoin 50 Peercoin 25 Stratis 15 NeoGas 5 Ether ClassicCheck it here for a well-detailed explanation of how investment there works. Under " "How do investments work?". https://www.crypto-games.net/faq
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zhekinsp
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★777Coin.com★ Fun BTC Casino!
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June 04, 2019, 04:06:26 PM |
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If people had interesting something then the interest will be changed very easily the gambling is also one of the attraction and the interest by everyone so we cannot change their Minds it into different dimension very easily that's why I cannot choose any other field.
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felicita
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June 04, 2019, 04:43:36 PM |
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most "trusted" dices pages are total overloaded at the bankroll . So i have to invest huge amount to get at least a 0.01% share XD I get currently much more from Lending on bitfinex.
regards
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TimeTeller
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June 04, 2019, 08:08:08 PM |
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A big whale can still come through and completely wipe a casino out. Most of these games are only 1 percent odds in favor in the house and with a few big bets they can go completely broke on their bankroll. The safest way to make a return on your crypto is to just hold it.
I personally agree to investing in a gambling home bankroll, it must be profitable than having to play gambling and lose faster better invest in a bankroll. Indeed its very risky but gambling has also been included in the risk, not our characteristic for hodl in gambling. It is better to invest in a trusted gambling site especially if you know that they are really distributing the profits fairly. Playing alone will really make you broke at the end of the day. With the bankroll investment, you have high percentage of getting your money back with profits
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jak3
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June 04, 2019, 09:58:26 PM |
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Yes investing in bankroll is a far better option from gambling but it also has risks. just like when people invested in MoneyPot site there was like more than 5000 BTC invested in money pot and today there is barely 1 BTC bankroll. I don't know what happens on these years maybe people took their money or the casino was hit by a whale. anyway, you can win as long as people are losing in the casino.
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uneng
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June 04, 2019, 10:01:19 PM |
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Gamblers want fast profit and some fun. To invest in bankroll won't work for them, as it will return small sums of profit only and there isn't any action. They can double their money in few hours playing the games, but it will take years to double their money through bankroll investment. In addition, the rich gamblers, who really move the industry don't need more money, they have their profitable investments already, their sources of income.
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shoreno
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June 04, 2019, 10:10:43 PM |
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Gamblers want fast profit and some fun. To invest in bankroll won't work for them, as it will return small sums of profit only and there isn't any action. They can double their money in few hours playing the games, but it will take years to double their money through bankroll investment. In addition, the rich gamblers, who really move the industry don't need more money, they have their profitable investments already, their sources of income.
not all mate . some gamblers are just chill and they dont rush for the profit but they are actually aiming for a long term play because they want to earn big time . earning big is not achieavable overnight but it takes a month or even years . gambling is also risky but investing is less risky so aside from playing the actual gambling game , why cant we just invest also ? This doubles our potential profit and also minimize our losses
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rodel caling
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June 04, 2019, 11:46:55 PM |
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There many different gambler how gambling treats, as simple as explanation all gamblers used ng legit website to play gamble is bankroll investors and have own motivation about why olay gambling, some othe people play for money some other play for just having fun. So meaning not all gamblers are lucky to got win.
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jhongzjhong
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June 05, 2019, 05:16:12 AM |
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Gamblers want fast profit and some fun. To invest in bankroll won't work for them, as it will return small sums of profit only and there isn't any action. They can double their money in few hours playing the games, but it will take years to double their money through bankroll investment. In addition, the rich gamblers, who really move the industry don't need more money, they have their profitable investments already, their sources of income.
not all mate . some gamblers are just chill and they dont rush for the profit but they are actually aiming for a long term play because they want to earn big time . earning big is not achieavable overnight but it takes a month or even years . gambling is also risky but investing is less risky so aside from playing the actual gambling game , why cant we just invest also ? This doubles our potential profit and also minimize our losses This decision is good if you have a lot of money while you gamble at the site at the same time you also investing the bankroll. But investing in bankroll at least you know already the gambling site how reputable it is because that was most the problem maybe they will shut down and run all investments. These two options if you are very lucky then you have a huge profit to get not only in gambling and also in investing which gives you multi-benefits.
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