GAMBLING SITE INVESTMENT

[noormcs5]

Wow! I love this initiative, I also find it useful and exciting. I appreciate that the amount of the investment is not so high that it is a good model for everyone.
Thanks, man!

In regards to this investment capital its always best to take whatever amount you are willing to risk, OP knows and understand everything according to how he studied this investment, he uses this amount of money we can assume that he are capable of letting it for this journey, it's good for us as he shares his real experienced and bring inspirations to all that have the same intent for investing in.

Especially when you are on the first start of an investment journey it is advisable not to invest a lot of money.
OP tries to find what it is the best investment so he is testing right now in order to invest a greater amount in the future.

Even though OP is in profit by his investments but i still not see it is a safe investment. I never trust gambling to be an investment business. If you want to invest then invest in some real investment and not related to risky gambling.

[1714948562]

1714948562

[kryptqnick]

Interesting thread, I will keep an eye on it. This is something I would be interested if it ends up being profitable. I have considered it several times in the past. What investment period did you pick or is the time frame not fixed?

Same here. I've been seriously considering it a few years ago, but after a long discussion on Bitcointalk, I realized that it's not worth it (not for me anyway). While it seems common knowledge that the casino always wins in the end, this investment is still a bit risky since there can be exceptions, but the main reason I did not go for it and opted to invest in altcoins was a different one. Namely, if you invest in a bankroll of a small casino, it's a big risk you'll lose the money or even get scammed, but if you invest in a bankroll of something reputable and popular, then the expected returns are usually so small in comparison with crypto volatility that I figured it doesn't make much sense. So back then I bought Ethereum and Litecoin which turned out to be great investments, but the market situation has changed a lot, so casinos might be an attractive option nowadays.

[Quidat]

But I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month?

I think this is the big question and why we are all following eagerly.

How long would be a good sample length? needs a good period of time to see if it fluctuates.

How frequently will you post the updates? weekly?

We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..

This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.

on OP, what are the durations of these investments before you can able to get your profit?

[ChuckBuck]

How frequently will you post the updates? weekly?

We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?

Although Yatsan hasn't announced his update time yet, I think weekly updates will be the most logical time to update for everyone, no one have enough free time to update every day. And no one can follow a topic patiently that is updated only once a month.
Although I care about the profitability of this investment, but on the other hand, I have said another issue, investing in a casino is similar to gambling, maybe profitable, but there are also be at a loss. The important thing is whether this profit is enough for us to ignore the risk of loss, it's what we need to know  

[casperBGD]

How frequently will you post the updates? weekly?

We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..
This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.
on OP, what are the durations of these investments before you can able to get your profit?

Although Yatsan hasn't announced his update time yet, I think weekly updates will be the most logical time to update for everyone, no one have enough free time to update every day. And no one can follow a topic patiently that is updated only once a month.
Although I care about the profitability of this investment, but on the other hand, I have said another issue, investing in a casino is similar to gambling, maybe profitable, but there are also be at a loss. The important thing is whether this profit is enough for us to ignore the risk of loss, it's what we need to know  

we will see that in a two-three months, if Yatsan continue with this topic and has periodic updates, probably on a weekly basis, so first one should be expected tomorrow or day after tomorrow, and we will see first signs if there is a profit (certainly i expect to have a profit after first week), and then all others can decide on their investment, wagering profit versus risk ratio that suits one personally

[matchi2011]

But I'm puzzled about the profitability of investing in any casino, I mean, how many% would we get for a week, a month?

I think this is the big question and why we are all following eagerly.

How long would be a good sample length? needs a good period of time to see if it fluctuates.

How frequently will you post the updates? weekly?

We're not aware on what are the arrangement when it comes to those sites on where had invested its either it would be on weekly basis or monthly..

This is indeed the thing we are trying to follow on here if it does really prove out that investing on gambling house is a better option or not.

on OP, what are the durations of these investments before you can able to get your profit?

From here we will be able to understand the risk and all those potentials, hoping that OP will give some light in regards to this information. Knowing that most the readers and followers are interested with the benefits that potentially can be gained once you decide to invest inside the casino bankroll. giving some good basis and ideas to estimate both time and fund for starting this kind of venture.

[FatFork]

From here we will be able to understand the risk and all those potentials, hoping that OP will give some light in regards to this information. Knowing that most the readers and followers are interested with the benefits that potentially can be gained once you decide to invest inside the casino bankroll. giving some good basis and ideas to estimate both time and fund for starting this kind of venture.

Definitely worth keeping an eye on it. Potential investment profit is almost the first question that every investor has in mind with, of course, the security of his investment.
I'm watching this ...

[Globb0]

All these replies looks like there is a market for bitcoins to do something instead of just sitting there.


That is the risk though not your keys etc.

[Yatsan]

So here's my update for week2!!

This is the update for bustadice:

In USD I got: 20$ profit and in BTC I am still behind because of the 2% dilution fee.


This is the update for Yolodice:

In USD I got: 30$ profit and since I invested there with no dilution fee, it's pure profit for me!


Here's the spreadsheet:



The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.

[ChuckBuck]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

LoL  At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong  I expect a better profit, 1% a week is good enough for compounding  compound interest is something really big compared to regular profits, I'm waiting 1% for your next week  I will invest immediately if it is 1% 

[Yatsan]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

LoL  At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong  I expect a better profit, 1% a week is good enough for compounding  compound interest is something really big compared to regular profits, I'm waiting 1% for your next week  I will invest immediately if it is 1% 

Yeah haha, the actual profit in BTC is really small, I check it sometimes last week and the BTC profit is quite changing,sometimes my profit at Yolodice is increasing and reach 50ksats-60ksats and I am surprised that it dumps today. But still, profit is profit haha, I will just keep my investment there as long as I didn't need a money.

In bustadice it's stable, the profit is slow but the dumping of profit is slow too, I think it's because I have more percentage of share at Yolodice, I am still waiting for yolodice to open their dilution fee cause it another factor of earning there as a bankroll investor 

[Globb0]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

LoL  At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong  I expect a better profit, 1% a week is good enough for compounding  compound interest is something really big compared to regular profits, I'm waiting 1% for your next week  I will invest immediately if it is 1% 

Yeah but then you used to get 4% on freebitcoin for any balance (I don't know if its running now I haven't looked at that offer lately but probably is). Much above 0.5%

[ChuckBuck]

Yeah but then you used to get 4% on freebitcoin for any balance (I don't know if its running now I haven't looked at that offer lately but probably is). Much above 0.5%

LoL  If you've read my post carefully, you will realize what you said above is wrong, it is only true of the 4% that you give. I will not cite my articles here, but you have the right to re-read them where I have written to check the accuracy. Exactly I said it was 4% profit of a limited amount, you can't put all your money in there, there's always a risk. Moreover, I have also stated that the profit and loss ratio is equal, so I didn't receive profit, and I gave up on it  4% everyday is easy, but there's no guarantee of "every day".

[Globb0]

Im sorry you are right and it is comparing 2 different timescales, that 4% interest on any balance (above a threshold) is spread over a year so my mistake to compare them for sure. Your weekly % should compound nicely?

[Periodik]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

LoL  At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong  I expect a better profit, 1% a week is good enough for compounding  compound interest is something really big compared to regular profits, I'm waiting 1% for your next week  I will invest immediately if it is 1% 

Any increase or decrease in USD should not even be considered at all. That increase or decrease does not say anything about whether the investment is gaining or losing. The man is investing in BTC, the profit or loss should also be measured in BTC. It is totally silly to check on the USD value when you are investing in BTC. You are like the fake traders wearing wide smiles on their faces because their USD value is rising real fast when in fact the market is just bullish.

[ChuckBuck]

Im sorry you are right and it is comparing 2 different timescales, that 4% interest on any balance (above a threshold) is spread over a year so my mistake to compare them for sure. Your weekly % should compound nicely?

As I said above, I would invest if the profit was 1% per week, and it would be very beneficial when it was compound interest. Of course, the higher the profit rate, the better.

Any increase or decrease in USD should not even be considered at all. That increase or decrease does not say anything about whether the investment is gaining or losing. The man is investing in BTC, the profit or loss should also be measured in BTC. It is totally silly to check on the USD value when you are investing in BTC. You are like the fake traders wearing wide smiles on their faces because their USD value is rising real fast when in fact the market is just bullish.

Don't say such silly things, once you calculate the return on investment, it should be considered in all respects. You cannot just consider profits from Bitcoin. I can give an example, you invest 0.05 Bitcoin when it is at $ 10,000/BTC, then you profit 10% per month according to BTC, but at the same time, Bitcoin also plummeted 11% per month. So what are your results? You are at a loss. An investor, a trader should consider all aspects when investing, blindly holding Bitcoin is not really a good idea.

[bisdak40]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

~snip~

Yeah haha, the actual profit in BTC is really small, I check it sometimes last week and the BTC profit is quite changing,sometimes my profit at Yolodice is increasing and reach 50ksats-60ksats and I am surprised that it dumps today. But still, profit is profit haha, I will just keep my investment there as long as I didn't need a money.

In bustadice it's stable, the profit is slow but the dumping of profit is slow too, I think it's because I have more percentage of share at Yolodice, I am still waiting for yolodice to open their dilution fee cause it another factor of earning there as a bankroll investor 

I can see in your post ^^ that you are now gaining profit with your investment bro, could you conclude not that indeed this kind of investment is profitable? Even if it is small but still it's a profit and in the long run it could accumulate. i'm getting interested on this one, your tips will surely push me to invest on this kind of business  .

[btc78]

From here we will be able to understand the risk and all those potentials, hoping that OP will give some light in regards to this information. Knowing that most the readers and followers are interested with the benefits that potentially can be gained once you decide to invest inside the casino bankroll. giving some good basis and ideas to estimate both time and fund for starting this kind of venture.

Definitely worth keeping an eye on it. Potential investment profit is almost the first question that every investor has in mind with, of course, the security of his investment.
I'm watching this ...

same here since Op is extending His hands to update the thread so every single person who is interested following Footsteps is one great ideas.

i have seen one in the past but Op suddenly stopped and now here we have constant update then i think this will let me start investing in gambling at last.

[Natalim]

I guess computing the profit in BTC and leaving the usd computation would give an accurate answer of this experiment.
The thing is, the price of bitcoin is not relevant to the gambling sites performance, so in order to simplify, I'd like to give that as a suggestion.

[Yatsan]

The profit is very small, but I am considering it doing for longterm so I think It's all good for now.
I will at least observe the movement for months and consider if I am gonna continue it or not.
[/center]

LoL  At first glance, I was surprised by the profit value in USD, but when I look carefully, the basic profit in BTC is very small, less than 0.5%. Soaring BTC has made your profits somewhat strong  I expect a better profit, 1% a week is good enough for compounding  compound interest is something really big compared to regular profits, I'm waiting 1% for your next week  I will invest immediately if it is 1% 

Any increase or decrease in USD should not even be considered at all. That increase or decrease does not say anything about whether the investment is gaining or losing. The man is investing in BTC, the profit or loss should also be measured in BTC. It is totally silly to check on the USD value when you are investing in BTC. You are like the fake traders wearing wide smiles on their faces because their USD value is rising real fast when in fact the market is just bullish.

I am investing for money so USD value should be greatly consider, Investing is to earn money so I think, both bitcoin and USD value should be consider in this thread.

I guess computing the profit in BTC and leaving the usd computation would give an accurate answer of this experiment.
The thing is, the price of bitcoin is not relevant to the gambling sites performance, so in order to simplify, I'd like to give that as a suggestion.

I put both of the profit/loss in bitcoin and USD here in the thread, for more data. I am okay to your suggestion but, I am investing for money so putting both will be okay