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

[harizen]

I've tested some before on just-dice and Moneypot. Sits my funds there for years without any news and forget it. Because of this thread, I'm now trying to dig my account details on just-dice and just learned that they are still active.

So how much did you earn from that long inactivity?  Quite curious here and sharing your experience and result may encourage many of us to try and invest in a gambling site.

I don't know honestly. Again, I'm trying to figure out my account details on just-dice. I think it was around 2015 or 2016 where I made investments there. That time, CLAMS is one of the popular altcoins and the said site is also one of the popular gambling sites back then. I just saw this thread that's why I remember some of my stuff.

But for your reference, I think I put a $400-$500 value of CLAMS there which mostly I got from trading and playing at the site and it doesn't really harm my own precious wallet (it was continuously funded making it around that price). And take note, that $400-$500 value of CLAMS just managed to just get around 0.001% or 0.0001% or something around that percentage of the total bankroll if I remembered it correctly. Just imagined what would be my profit even resting it for decades. We really need lots of money here to feel the profit in the long run but that would also increase the risks as your fund is not in your own possession.

I've tested some before on just-dice and Moneypot. Sits my funds there for years without any news and forget it. Because of this thread, I'm now trying to dig my account details on just-dice and just learned that they are still active.

So how much did you earn from that long inactivity?  Quite curious here and sharing your experience and result may encourage many of us to try and invest in a gambling site.

On Moneypot, I don't know what happened.

I read that the Moneypot service where shutdown last Sept. 14, 2019  and they limit their operation to withdrawal announcing that users will have to make the request before the said shutdown date.  So I guess your fund on Moneypot is already gone.

https://medium.com/monsterbyte/winding-down-moneypot-operations-d6a4febafbbc

Yeah. I just do a bit of a search after my post and found that they are already out of service. I visited the site and it was now rebranded to another service.

I just put small money there so no worries at my part.

[1715049909]

1715049909

[Saint-loup]

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?


If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Your website is only listing dice sites! Why it doesn't talk about other platforms like Rocketpot for example?  
By the way, why there is always this 2% fee   Not 1,5%, not 2,5%, no... always 2%... Where does it come from please?  

[Darker45]

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?


If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Your website is only listing dice sites! Why it doesn't talk about other platforms like Rocketpot for example?  
By the way, why there is always this 2% fee   Not 1,5%, not 2,5%, no... always 2%... Where does it come from please?  

Not necessarily dice sites but online crypto casinos. Dice is just one of the most popular, if not the most, casino games. However, Rocketpot is not offering dice games if I'm not mistaken. It is offering a crash game. Nevertheless, it is still a crypto casino and it also offers bankroll investment opportunities to interested investors. I think only crypto casinos are offering bankroll investment opportunities. Sports betting platforms do not need bankroll investors because opposing bets are enough to pay for the winners. And gamblers are not playing against the house. 

Please correct me if I'm wrong. I think you are referring to that dilution fee which is taken from a new investor and fairly divided among all earlier investors according to their stakes. You will also receive a portion of this fee if another investor comes after you. This is not always 2%. I think it varies from one casino to another.

[The Cryptovator]

Isn't investing in a bankroll the equivalent of gambling? Because if investors have to carry lose then most likely it's also a gamble. However, usually house always win more than glambers and that's how they continue their business. I have seen couple to casino who are giving opportunities to invest on bankroll and a return a percentage from their total house edge. I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

[Debonaire217]

Maybe I do not have the concrete idea whether to consider good if we invest a portion of our salary or income to gambling sites. But considering the fact that we could win the same way as we play on these gambling sites using our cryptocurrency earned from crypto community, it is very much the same as the main factor to be affected greatly is the satisfaction to the game since the fund that we are about to enter comes directly from our hard work.

I might do it some time, but for now, I am already enjoying playing with not much fund with me, or through faucets in order to beta test gambling sites.

[TheUltraElite]

It is enough to read comments in this thread to know that investing in a casino bankroll is very rare and I don't know personally any Bitcointalk member who actually did it.

Considering the fact that this section is heavily spammed by many users, I still feel sad that you did not read my post in the first page of this thread.

I just explained about my experience there even though I never call any such option as success, it was worth it. In case you missed it read it here and I will forgive you - https://bitcointalk.org/index.php?topic=5223846.msg53788695#msg53788695

Isn't investing in a bankroll the equivalent of gambling? Because if investors have to carry lose then most likely it's also a gamble.

Yes but dont forget that being an investor is the opposite side of the table. You are the house now, or a part of the house.

I have seen couple to casino who are giving opportunities to invest on bankroll and a return a percentage from their total house edge.

Actually they are very few. The casino also carries risk of the investors in case of bankruptcy. But again like I said in my previous post in this thread linked above, it is a long term investment if you want a decent ROI.

I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

Wrong statement in the bolded part. If you are looking to make money from bankroll investing then you are not going to break even at short term or even long term. This is comparable to fixed deposit bank investment. It is a method to diversify your assets in different sectors one of them being bankroll of casinos. It should not be the only one if you are looking to make money, but a constant source of profit in a long term portfolio.

[Pmalek]

Snip

OK, thanks for explaining it. In that case I assume if a person is interested in such an investment he would have to privately contact the site with an offer?!
The site that was mentioned in the OP doesn't highlight which gambling sites are currently in need of investments. 

@TheUltraElite
When you made your investment back in 2016 how did you find out about it?
Did the site advertise they needed investments, where you referred by someone, did you come by it by accident...?

[Rosilito]

I might invest few of my funds, since the odds of the house winning on these online gambling casinos is greater than the actual gambler winning.

why invest only a few when you are already sure that the gambling site will more likely to win  ? you shouldnt limit your self buddy  . i havent tried investing on a casino before but i am just a player and i loose more often  .  it seems that the more i play the more i loose , so it means that gambling site really earns alot   .

He's considering the other possibility, and you should do that, although he had the guts to say it so. It is just a matter of lessening potential loss. Well, in your case, you must be unfortunate or you might be playing without having any prior plan just betting what you got till you run out of money, that's really bad, man. Besides, even if someone's loses a lot that doesn't mean the casino itself would gain bigger, there will be always someone lucky out there who will win the jackpot prize or the most closest to biggest prize. Imo, it would depend on how many players would bet their money in the line that few of it would be in the house itself.

Though before investing, always check the legitimacy of the site.

this is the most important part to consider before investing   . there are old age sites out there that offers investment ,  like for example bitvest  , cryptogames   , ( to name a few  )

Well, always been, even in real life scenarios, but the risk is always there even the popular sites sometimes turns to be the opposite of what we expect.

[dbshck]

In that case I assume if a person is interested in such an investment he would have to privately contact the site with an offer?!

No, you don't need to contact those sites privately as they have a dedicated page for bankroll investment. For example, bustadice https://bustadice.com/invest

The site that was mentioned in the OP doesn't highlight which gambling sites are currently in need of investments. 

It does. The third column ("Investing") tells you whether you can invest in their bankroll or not.

No. There are lots of sites already with this feature but no one till now got success or make big profits out from investing in a site's bankroll.

Most of the sites that accept investments aren't making big profits but a few ones do. Again, look at the total profit history of bustadice. On this date last year their total profit was on BTC898 vs today BTC1276. That's roughly more than 35% return over a year, which is huge.

[Ethereums]

first law..house always win..if house get loss they will rekt and someone going to bleed.. LOL..
just kidding btw, investing on a house which is one of a wise move, like when playing baccarat, people tending to choose banker right, cos house edge is there. So when I took my investing is better for the house. But if we talk about investing in gambling sites that big decisions since the profit is on the long course, not for hit and run player.

[Yatsan]

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?


If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Your website is only listing dice sites! Why it doesn't talk about other platforms like Rocketpot for example?  
By the way, why there is always this 2% fee   Not 1,5%, not 2,5%, no... always 2%... Where does it come from please?  

Have you really read the thread? or just spamming here for signature purposes? The website is not mine it's NLNico's website, and that's the only website that I see that talks about Gambling investment so I posted it here, hoping that I will get some opinion and knowledge at the same time with regards to the topic.

By the way, why there is always this 2% fee   Not 1,5%, not 2,5%, no... always 2%... Where does it come from please?  

It comes from my personal experience and as expected to someone like you, I know that you didn't read the whole thread so let me quote it for you

2% of your total investment will be the fee (2% on the most of the gambling website that I see)

That is what I see, I created this thread using my own experience and I am not here to discuss the whole gambling investment platform, instead I make this to get more idea about it. I would really appreciate if you will give the solution or information of what this thread is lacking of, but instead. You just complain about what's here and you sounded like a shitposter that don't know how to read. Damn

[Ziskinberg]

AFAIR, I invested in dice bankroll in year 2017 and it wasn't as profitable as I was expecting.
Well, we know that when there is a house edge, casinos will win all the time but don't expect you'll get big profit with your small investment and that discourages me because I also witness that there are casinos that goes scam and take the of the investors. (there's a lot of them, we can do a research)

with that experience, I decided to divest my money and invest it in altcoins and bitcoin and I am lucky I do it on the right timing and indeed it's more profitable than investing in a casino's bankroll.

[semobo]

AFAIR, I invested in dice bankroll in year 2017 and it wasn't as profitable as I was expecting.
Well, we know that when there is a house edge, casinos will win all the time but don't expect you'll get big profit with your small investment and that discourages me because I also witness that there are casinos that goes scam and take the of the investors. (there's a lot of them, we can do a research)

with that experience, I decided to divest my money and invest it in altcoins and bitcoin and I am lucky I do it on the right timing and indeed it's more profitable than investing in a casino's bankroll.

Bankroll investment is something similar to traditional investment so you will get 5% returns per annum but in cryptos which can be generated even in a day so it all depends on what kind of returns we were expecting from our capital invested but one thing risk factor increases with the increased in returns.

[serjent05]

Isn't investing in a bankroll the equivalent of gambling? Because if investors have to carry lose then most likely it's also a gamble. However, usually house always win more than glambers and that's how they continue their business. I have seen couple to casino who are giving opportunities to invest on bankroll and a return a percentage from their total house edge.

If we go on with this idea, then we can possibly think that every investment regardless of its venture is a gamble.  Like, if we invest in a fast-food chain, we ought to spend on labor, materials taxes, etc.  And I think investing in a casino is not different.  Bankroll getting bankrupt is the same as a food stall that does not have any customer.  Or mishandled service of a crew or staff that resulted in damage to the client that the management needs to fix.  Same loss in different situations.  and also:

Bankroll investment is something similar to traditional investment so you will get 5% returns per annum but in cryptos which can be generated even in a day so it all depends on what kind of returns we were expecting from our capital invested but one thing risk factor increases with the increased in returns.

This.

I didn't invested on such as platform. But if the platform is trusted enough then it would be a passive income for lazy people like me. So most important thing is how trusted your investing casino.

I definitely agree, ( not on that your lazy part), and I think it is a wise move rather than our money sitting idle and giving us nothing

[adzino]

AFAIR, I invested in dice bankroll in year 2017 and it wasn't as profitable as I was expecting.
Well, we know that when there is a house edge, casinos will win all the time but don't expect you'll get big profit with your small investment and that discourages me because I also witness that there are casinos that goes scam and take the of the investors. (there's a lot of them, we can do a research)

with that experience, I decided to divest my money and invest it in altcoins and bitcoin and I am lucky I do it on the right timing and indeed it's more profitable than investing in a casino's bankroll.

Yeah, small investment means small returns/profit. Also, even if you make huge amount of investment, don't expect huge profits within few days. You "will" make profit, but that is going to be in the long run. Remember, in the long run, the house always wins (due to house edge), which means, you will also be making profit along with the casino.
Sorry to hear that you got scammed. Unfortunately, you invested on a casino that had no reputation at all. Make sure you invest on a casino that is well known in this community.

[autobetting]

Common Sense is,if youre the House you will keep winning. However thats far from the Truth. If youre opening a new Gambling Site you will only get new Customers when you provide Offers in Order to create new Signups. And here is the Crux . There are many Thousands of People specializing in clearing these Kind of Offers,costing the House large Chunks of Money. Many new Companies go bust because of this.

[XenoFever]

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?


If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Small trivia:
the owner of that website is NLNico and the only person here that have The Glider(hacker symbol) badge


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

I didn't try investing in any gambling sites so far because I think it is not good and you may lose you money on that, as what have said above, if the gambling site wins then you may win also. If it fails, you will also suffer, meaning to say, you are not sure that your money will increase on that investment site. Gambling site has no right effects for each of us. The excitement and enjoyment that you felt when gambling would disappear soon.
 
It is not a long time enjoyment because it will rely only on your luck. If this is not your day, then you will lose money. There are so many investment sites that are way better compared to the gambling site, and for sure, the money that you invested will increase someday. That's the essence of legitimate investment sites, like yobit.net, it is a trusted investment site for me, I've been using this for almost one month, and everything works so fine.

[Saint-loup]

...

Hey guy if you don't want to reply to questions don't open a thread or just ignore them.
I've been polite with you so if you're not able to reply you don't need to be rude and to insult me like that, you can just ignore me... except if you want to shitpost  
So I will ask my questions to other people who are reading the thread, you can ignore me and go away since you're useless and aggressive in addition.

So does anyone know why the (dis)investing fee rate is always the same : 2%?   Not 1,5%, not 2,5% or 3% but always 2%?  
Is there a specific reason? A kind of common agreement between the platform or it's something else? TYVM

[wwzsocki]

... I don't know personally any Bitcointalk member who actually made a significant profit on it...

There are actually Bitcointalk members that I know that had invested on site bankroll. Just like Lutpin on Crypto-games.net...

I think I own both of you an explanation because clearly misunderstood my probably not a very well defined answer.

As I have said: "I don't know personally any Bitcointalk member..." and personally is the keyword here.

...feel sad that you did not read my post in the first page of this thread...

Of course, I have read your post in this thread (TheUltraElite) and to be honest, I spend almost one hour on reding different threads about investing in casinos before I commented here.

I always read fully the thread in which I am answering, when it is not too long, of course, and if it is, then still, I try to read at least a couple of first and last pages, scrolling through the rest of the text in "quick view" mode  , to know exactly what is going on and to be able to share a useful answer, which will hopefully add some quality to the discussion.




As you can see, I just shared my browser history from yesterday to prove my words and at 7.17 o'clock started to read this thread, one hour later almost at 8 o'clock, I have finally answered, after reading 11 threads about the "investing in casino bankroll"   and additionally a few others, not so good related to the discussion, but still interesting and worth attention, like for example:
Lost $350k / 54 BTC gambling, need help

After reading so many threads, I haven't found any success stories, were somebody (even only because of luck) earned a lot of money when investing in bankrolls and that is why I answered like this.
I have told that I don't know any Bitcointalk members personally, but maybe it was a mistake that brings confusion and made my answer hard to understand correctly?

[iamsheikhadil]

I havenot invested myself but I have seen some youtube videos and I am pretty much amazed by this opportunity actually. Investing in a casino house is even better than investing in any other companies or even equities or gold or crypto itself because, the house always, always in the long term, wins. Because of the house edge!