GAMBLING SITE INVESTMENT

[Natalim]

Invest in Yolodice if you have spare Bitcoin and wait for a long time for it to get some profit. Patience is the key

Not using spare money to invest, I use spare money to gamble.

Investing is a serious matter, we aim to make money because we believe that the site has the advantage to be profitable, so investing a decent amount and not a spare amount is high recommended, that's my opinion only because I believe that any kind of investment opportunity has to be taken seriously.

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[johhnyUA]

I was planning of investing in yolodice but doubting if it would be profitable I think still depends on the amount you will be investing and depends if someone will going to lose on the casino right? Well this proves that you can earn good profit in investing to bankroll I think I should invest now.

The amount you are going to invest matters a lot because you only make a small percentage as your profit in average, that is based on OP's experiment. Therefore, if you have bigger capital, that's better, you'll enjoy the return and you can ride longer since you'll be confident casino are still going to be profitable in the long run.

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

[snipie]

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

Yeah true. In fact everything related to casino is gambling in a way or another. Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

[xxjumperxx]

Not everyone can afford to spend a lot of money that's why you can see some people invest their spare money since I believe the huge percentage of their wealth goes to their family. But I agree with you for some matters since its a total waste of time and day for putting a low amount of investment since the return is so small.

I dont see a small investment as a waste of time. I mean, I started off small and continued growing my investment over time....
I set myself an amount that I invest every month to increase my stake slowly...
Money is money,even if the return is small at first.

[Tytanowy Janusz]

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

If investment in casino is not an investment than name 1 investment that is worthy to be called that way. I'm sure that I will laugh 90% of your suggestions.

You can estimate your earning better than in every other investment (half of house edge) and yes... this is investment not gambling. Casino does not gamble. Casino earns on gamblers due to statistic advantage over them (math is a guarantee of your success here) and you earn when casino earn.

It has risks but there is no asset that does not have risks. But as long as you do money management right, risk/reward ratio is ok, position size/wallet size is ok then why not? Is it better to invest in SP500? With average P/E = 20? Or popular DEFI with 0 earnings and butifull story that might work or might not? This is solid investment with great roi. You only need to calculate position size just like with every other investment.

[johhnyUA]

Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Investment is highly predictable, if you "investing" not giving money to casino or some shitty start ups. The last two is more about gambling when you don't know will you get your money back or not.

[Distinctin]

Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Investment is highly predictable, if you "investing" not giving money to casino or some shitty start ups. The last two is more about gambling when you don't know will you get your money back or not.

You can get your money back when you have the patience, but you are right when investing in start up casinos as you might get scam or lose because they don't have enough gamblers yet to help them generate the income, and it's so risky as they might just disappear since they have no reputation yet.

[Oilacris]

Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Investment is highly predictable, if you "investing" not giving money to casino or some shitty start ups. The last two is more about gambling when you don't know will you get your money back or not.

You can get your money back when you have the patience, but you are right when investing in start up casinos as you might get scam or lose because they don't have enough gamblers yet to help them generate the income, and it's so risky as they might just disappear as they have no reputation yet.

Its always been a risk when you do decide to put up investment to those who are just starting but to think that there are successful ones that do have this kind of start-up which
do able to pull and get attention in the market and become big.Lucky for those who do take risk but these are really a hard kind of decision to be made.

When you do throw up some money together with the house then you should consider that those amounts are lost even though you are with the house and do know that
house do always win but you cant be sure on when it would be bankrupt nor go ran away with investors funds.

[Tytanowy Janusz]

Investment is highly predictable, if you "investing" not giving money to casino or some shitty start ups. The last two is more about gambling when you don't know will you get your money back or not.

Investment in casino bankroll is also highly predictable. I've spend few years on stocks. Seeing insider trading, fake quarter financial reports (corrupt officials let them pass), instant 0 in 1 day when this scam come out. Nothing is 100% zero risk investment.

I estimate exist scam (major risk) at ~10% (casino earns 50% of bankroll in 1 year), 20% if bitcoin will pump to 20k+ (high bitcoin price gives better financial motivation for exit scam, in some cases you are doomed to exit-scam because of high bitcoin price (implementing fractional reserve system before)). So if my investment yields 50% annually than it is good risk/reward ratio.

[Reid]

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

Yeah true. In fact everything related to casino is gambling in a way or another. Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Which also makes it profitable in some way.
How about we call it a combined investment and gambling.

The house will win. No doubt.
So, I think there is always the larger chance for profit than losing when compared with other investments.

[freedomgo]

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

Yeah true. In fact everything related to casino is gambling in a way or another. Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Which also makes it profitable in some way.
How about we call it a combined investment and gambling.

The house will win. No doubt.
So, I think there is always the larger chance for profit than losing when compared with other investments.

True, but we should not only consider the profitability as it's given that sites wins most of the time, we have to evaluate the risk on investing in a site as well, a risk that they might turn into a scam site because it's not new, these possibilities are happening and have happened in the past already.

[Xxmodded]

Damn, man. You're giving money to casino and will get it back with some probability. And with some probability will not. you can't call it "investment". This is TRUE gambling, in fact.

Difference between gambling and investing is that in gambling you can't predict outcome with only input data (in investment you're able to do that). There exists only expected value (EV) of your event.

Yeah true. In fact everything related to casino is gambling in a way or another. Investment is unpredictable too and depends from other people dice results. The more they lose the more our profits are better

Which also makes it profitable in some way.
How about we call it a combined investment and gambling.

The house will win. No doubt.
So, I think there is always the larger chance for profit than losing when compared with other investments.

Investment have guarantee how much profit earn every day and every investment amount, for gambling have other risk
like will get double profit just one try or shoot but could lost all our investment money, depend with people which one way like
to earn much profit for their investment, gambling or try investing their assets on some site investment. Many people like gambling
because can take and easy to earn much money in short moment.

[Globb0]

What are the terms on this investment for keeping the money in there?

Do you have a period of commitment each time? or can you cut and run any time?


I guess what Im getting at is given the meta info here, 1 whale has all top 5 accounts, he comes along to win the prizes each month?


Could it be possible to ride the barts? get out when he loses, go in again after he wins?

[LogitechMouse]

What are the terms on this investment for keeping the money in there?

Do you have a period of commitment each time? or can you cut and run any time?

With their current implementations in the investment feature, since there is no dilution fee you can go in and out anytime you want
If they added a dilution fee in the future then you can't do it anymore. There are no terms I think, just invest there and wait for it to profit .
With regards to the period commitment, I think it will be you who will decide it.

Could it be possible to ride the barts? get out when he loses, go in again after he wins?

If you know when they will lose and will win then you can ride.

[xxjumperxx]

What are the terms on this investment for keeping the money in there?

Do you have a period of commitment each time? or can you cut and run any time?


I guess what Im getting at is given the meta info here, 1 whale has all top 5 accounts, he comes along to win the prizes each month?


Could it be possible to ride the barts? get out when he loses, go in again after he wins?

This is what makes an investment interesting. There is no dillution fee, which means you can pull back investment when there is profit and put it back in and dont pay a fee.
I know alot of sites that have a fee and then you have to make back that fee before profiting.

[snipie]

What are the terms on this investment for keeping the money in there?

Do you have a period of commitment each time? or can you cut and run any time?


I guess what Im getting at is given the meta info here, 1 whale has all top 5 accounts, he comes along to win the prizes each month?


Could it be possible to ride the barts? get out when he loses, go in again after he wins?

As others said there isn't het any dilution fees so you can close your investment whenever you want.
Just want to add that this particular whale hasn't a specific trend. He was active lately for around 2 months and stopped apparently when he lost for the second time +20 BTC. No one knows when he will return (if). For the BTC investment, we are now in a stable phase, same amount +/- <1% .

[Tytanowy Janusz]

Could it be possible to ride the barts? get out when he loses, go in again after he wins?

I guess not. Its 100% random when and how next whale will play. If he will be lucky or not. TA is useless here but... I think that you can try to get in on the dips and sell tops to get better ROI than from holding. Its based on sociology and average gambler behaviour. I was once describing my thoughts about it:

What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random?

I'm just thinking:

-How often did you withdraw your profit from gambling site?

If someone wins big:
In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks).
If someone loose big:
In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money.

So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment.

[freedomgo]

Gambling sites are good for investing in easy money making ....

It's not called easy money when you are expecting a good profit but you only get few, gambling sites may have the edge over the gamblers but risking a small amount, we should also expect a small profit, this kind of secure investment are low risk with low return as well.

Invest at least 1 bitcoin so you'll see a 1% profit a significant return.

[carlfebz2]

Gambling sites are good for investing in easy money making ....

It's not called easy money when you are expecting a good profit but you only get few, gambling sites may have the edge over the gamblers but risking a small amount, we should also expect a small profit, this kind of secure investment are low risk with low return as well.

Invest at least 1 bitcoin so you'll see a 1% profit a significant return.

It wont really be that much but for people  who do live on a country which usd rate or value is sufficient for their living then those small returns would really be enough on
weekly basis but for people who do live on rich country then returns of your gambling house investment wont really be that appealing at all.

House do always win in the end but doesnt mean that you are risk-free on having negative profit specially if whale do hit win big time on the site.

It might not be always but there would really be a specific time for the house to experience such big win and it does really effect investors.

[Mauser]

It wont really be that much but for people  who do live on a country which usd rate or value is sufficient for their living then those small returns would really be enough on
weekly basis but for people who do live on rich country then returns of your gambling house investment wont really be that appealing at all.

House do always win in the end but doesnt mean that you are risk-free on having negative profit specially if whale do hit win big time on the site.

It might not be always but there would really be a specific time for the house to experience such big win and it does really effect investors.

I think similiar, if you live in the West with high standards of living it might not be enough the 1% return to really earn a living. But if you cost of living are much lower these returns can really be a lot if you can easily conver them into USD.

Investing into the house is a good way of diversifying your investment. And in the current low interest rate environment 1% is not so bad at all. Casinos are pretty save and people always want to gamble especially in times of corona where most of the physical casino have a lot of restrictions.