Gambling Site's Investing (Is it worth it?)

[matchi2011]

Investments like this are very popular several years ago even people says this could be good solution if people want to seeking passive income because monthly interest seems quite high but eventually people leave it because some of casinos which have this option has decide to closing their service because lost to compete with other casinos and can't pay profit sharing again but lately seems very rare to the casinos available for this options because i'm sure this not profitable for them

Though there's still gambling business who accept investment but the outcome is no longer the same from those previous years of this types of passive investment. Most of those investors are only getting break/even or some are losing value of their investment. And since it's taking time before you can calculate your profits sharing your money will be stuck from the casino bankroll. You need to wait for some time before you can really calculate whether you are in positive or negative position.

[Timelord2067]

As with any investment (stock exchange, house, car etc) you have to separate your emotions from the purchase (unless it's a collectables purchase then all bests are off).  You need to do your research, check the company out - what's the buzz around the company, good or bad?  What return are you looking for - long term or short term gains.  Plus, you have to look out for how easy is it to liquidate if you suddenly need to cash out?

[michellee]

Maybe investing in gambling sites now still profitable, but I am not sure that many gambling sites still give this option to their members. We need to find out which gambling site that accepting the investment so we can make a profit although it is a small profit. No matter if the profit is small, that still a profit to us. But we cannot expect to make a big return no matter if bitcoin price increase higher because we use it to get small bitcoin by using the investment.

[MWesterweele]

Few years ago house investing on gambling sites are somewhat popular due to good profit. Now I seldom heard on people doing it. Most gambling sites aren't offering investors too. Some are still accepting investors but are lowering the investors share of profit. If I have ample of time to manage my funds then I will definitely do it. Even 5% income per annum is still good knowing that banks cannot offer that kind of interest.

Yes maybe somehow casino owners do not want to have many stock holders, they just want a few people holding it, but if I will having some money then I will do it as well, I think it is a good investment but a risky one. Maybe some casinos do not want to share some profits to others as well we all know that casinos earn millions everyday, having a less people running it makes them very rich, but this is only my point of view as well.

Maybe investing in gambling sites now still profitable, but I am not sure that many gambling sites still give this option to their members. We need to find out which gambling site that accepting the investment so we can make a profit although it is a small profit. No matter if the profit is small, that still a profit to us. But we cannot expect to make a big return no matter if bitcoin price increase higher because we use it to get small bitcoin by using the investment.

Yes, they will allowed us but, they will get the higher earning than us, since we are just making a partnership with them , not being a co-owner of it, we are just having a piece of them, not a part of them .

[michellee]

Maybe investing in gambling sites now still profitable, but I am not sure that many gambling sites still give this option to their members. We need to find out which gambling site that accepting the investment so we can make a profit although it is a small profit. No matter if the profit is small, that still a profit to us. But we cannot expect to make a big return no matter if bitcoin price increase higher because we use it to get small bitcoin by using the investment.

Yes, they will allowed us but, they will get the higher earning than us, since we are just making a partnership with them , not being a co-owner of it, we are just having a piece of them, not a part of them .

That is another risk that we might get if we invest with them. We cannot get higher earning because they have their calculation on the investment return, so they still get higher earning than us. If we can accept any amount of profit, then we can try to invest with them. But remember that to earn from the investment, you need to have patient, and it still difficult to find a good gambling site for the investment.

[arwin100]

Maybe investing in gambling sites now still profitable, but I am not sure that many gambling sites still give this option to their members. We need to find out which gambling site that accepting the investment so we can make a profit although it is a small profit. No matter if the profit is small, that still a profit to us. But we cannot expect to make a big return no matter if bitcoin price increase higher because we use it to get small bitcoin by using the investment.

Yes, they will allowed us but, they will get the higher earning than us, since we are just making a partnership with them , not being a co-owner of it, we are just having a piece of them, not a part of them .

That is another risk that we might get if we invest with them. We cannot get higher earning because they have their calculation on the investment return, so they still get higher earning than us. If we can accept any amount of profit, then we can try to invest with them. But remember that to earn from the investment, you need to have patient, and it still difficult to find a good gambling site for the investment.

Yes the earning is not good since we only get a little dividend from them but I think this is more decent rather than investing on ICO's but we should select on what we look for and first thing we need to look up is their transparency and reputation.

And expect they earn huge than us since first of all they are the owners and we are just riding on their platform to gain.

[AnatanVS]

Are you going to try investing on their bankroll? Please explain your answer  

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

[barbara44]

Are you going to try investing on their bankroll? Please explain your answer  

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

The difference is, in a casino normally house always wins, sure there are downs time to time but in a long enough period if you invest into a good casino that means you will make a good amount of money in the long run. When you invest in anything else, you are uncertain about making good amount of money or not which causes you to not make that much profit, ICO is a good example of that. You may not make too much money, you may not make as much as the casino, but you do make money and that is very very important in this world where it is always dangerous to invest your money into anything.

It is almost like a treasury bond where you are destined to definitely make a profit even if it is a small number. Casino investment in short is profitable, very tiny but still profitable.

[DoublerHunter]

This seems like a good idea. But I would like to address questions regarding this. If the investment's chance of profit is according to the casino's wins and they will put your money on their company bankroll, how would know when you win? It seems like they can control/manipulate it by simply telling the investors that they win or lose. But it is their decision to do so. Of course, the sites will first tell you that you won for how many times and will put you at the state that you would reinvest all your earnings and previous investment once again. Then they will tell you that you lose. And that's it, probably you were fooled. Nevertheless, this is just a theory though there is a big possibility for it to happen, unlike the trustworthy one.

[mersal]

Are you going to try investing on their bankroll? Please explain your answer  

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

Definitely they are not scam same.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

[joshy23]

Are you going to try investing on their bankroll? Please explain your answer  

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

Definitely they are not scam.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

This investment form required a lots of time in order to gained continuous passive income. Trustable gambling site are mostly being enjoyed by investors and gamblers who participated from this kind of investment. If you are willing to take the risk better to sort those available gambling house who offer this chance of investment before placing your money.

[AnatanVS]

Are you going to try investing on their bankroll? Please explain your answer  

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

The difference is, in a casino normally house always wins, sure there are downs time to time but in a long enough period if you invest into a good casino that means you will make a good amount of money in the long run. When you invest in anything else, you are uncertain about making good amount of money or not which causes you to not make that much profit, ICO is a good example of that. You may not make too much money, you may not make as much as the casino, but you do make money and that is very very important in this world where it is always dangerous to invest your money into anything.

It is almost like a treasury bond where you are destined to definitely make a profit even if it is a small number. Casino investment in short is profitable, very tiny but still profitable.

Among the ICO projects I have seen, and those who want to open their own casinos or betting on sports sites. And they have not always been able to make interesting projects and to make money for investors.
It is much safer to invest in a long-running casino, but what is already working projects investors' money?

Definitely they are not scam.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

I don't think they're scammers. I'm sure there can be risk in any investment.

[2double0]

I have not invested in any such gambling sites that allow investments in house edge, but a few years ago 'not so old', we all had a testing person who had a thread in the gambling part of this forum where they used to give us tips on where to invest and what they have invested as well as the returns they were getting each month - for a period of 6 months. I didn't believe it to be a good idea on house edge's side either because we will not have complete transparency of how and when did our money got lost, if this information is not certain enough, please draw me to the correct information.

[hello_good_sir]

I have not invested in any such gambling sites that allow investments in house edge, but a few years ago 'not so old', we all had a testing person who had a thread in the gambling part of this forum where they used to give us tips on where to invest and what they have invested as well as the returns they were getting each month - for a period of 6 months. I didn't believe it to be a good idea on house edge's side either because we will not have complete transparency of how and when did our money got lost, if this information is not certain enough, please draw me to the correct information.

What?

AFAIK most dice sites at least have complete transparency when it comes to profits and how they are made. Bankroll, leverage, and bet information is completely public and can be audited if anyone had the time, effort, and motivation to do so.

I'm pretty sure what you're referencing to is Lutpin's experiment. AFAIK the results from most people anecdotally is that an investment that is somewhat leveraged into an average dice site will yield around 20% APR or potentially even more. There isn't really a whole lot of downside either, so I fail to see the reason as to why anyone shouldn't invest.

[wxa7115]

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.

[alani123]

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.

There have been instances of old and reputable gambling websites also running away with use funds. It's funny to consider how easy it is for someone to run away with another person's BTC... And yet people still invest in such ventures. The trust issue isn't going TK be solved so easily when it comes to investing in the house.

[michellee]

That is another risk that we might get if we invest with them. We cannot get higher earning because they have their calculation on the investment return, so they still get higher earning than us. If we can accept any amount of profit, then we can try to invest with them. But remember that to earn from the investment, you need to have patient, and it still difficult to find a good gambling site for the investment.

Yes the earning is not good since we only get a little dividend from them but I think this is more decent rather than investing on ICO's but we should select on what we look for and first thing we need to look up is their transparency and reputation.

And expect they earn huge than us since first of all they are the owners and we are just riding on their platform to gain.

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

[Reatim]

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

i have not tried this investing in Gambling sites but i have heard some kind in the past though my knowledge are very limited so i don't have the faith to try.

ICO has been dying now and you cannot assure profiting so be ware.

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

ICO offers ever since for people to invest and profit but the truth?only few had successful journey and majority are losers or in other words?Victimes of SCAMMING.

[Mumbeeptind1963]

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.
But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

Yes of course some of them are worth it to invest, just make sure you know it before you invest. And to make sureif your investment is in a good hand then have a research about the gamblimg site you want to invest. Just be careful of choosing a gambling site if you have guts then dont continue, sometime we should follow our instict because instinct alerted us to the danger and we know by instinct that something was wrong

[ReiMomo]

I haven't tried making investments with gambling sites yet but I guess this is a good idea and I find it interesting. Most of the gambling sites have massive bankrolls and amazing algorithms! There is only the least chance of you to lose your investment with it. I will be checking the link once I get home and I will read it briefly. Thank you for sharing the link and the idea though!

May I know if you already profited from your investment with gambling sites already?