GAMBLING SITE INVESTMENT

[JanpriX]

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet. 

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

[1715203049]

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[1715203049]

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[Clark05]

Investing to the gambling sites is not always win because they have possible that your money will lost just like what happened to op.
But I think investing to that is good because instead of playing gambling you invest your money and you possible to earn in a less risk that playing who are risk is very high I hope most of the time when people invest to gambling sites they earn money.

[Questat]

Good observations, with this pandemic virus gamblers needs to stay at home, learning how to play online gives them the chance to continue playing and with the timing OP have, getting passive income is really doing well. If the market will keeps on rising the fiat value of OP's investment will stay at positive sides.

As OP is profitable, this also gives us an idea now that the gambling sites now are more profitable before the pandemic, people are staying at home and they are burning their time in gambling, that's a good thing for the crypto gambling industry as a whole.

As per OP's profitability, not that big but the consistency is good.

[Inkdatar]

Seeing this thread makes me had an interest to invest also in gambling site. I didn't know until I read this thread and of course we should be ready on the risks that we encounter. I’ll want to try my luck since Op post above is also profitable and this gives us insights of alternative to invest some of our btc.

[freedomgo]

Seeing this thread makes me had an interest to invest also in gambling site. I didn't know until I read this thread and of course we should be ready on the risks that we encounter. I’ll want to try my luck since Op post above is also profitable and this gives us insights of alternative to invest some of our btc.

You've seen the effect, by investing in casino, OP were able to grow his bitcoin and increase the value at the same time.
It needs timing and this is the right timing to invest now, due to the reason we can read above, this is inspiring especially for those who have a lot of btc to diversify.

[janggernaut]

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet.  

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

Yes, yolodice decided to reopen their investment feature and we just need to wait to able invest in ETH again soon, you can invest in BTC, LTC and DOGE atm
Afaik, you can withdraw your investment anytime you want, without any fees or leave it for some of time.

[JanpriX]

~snipped~

Yes, yolodice decided to reopen their investment feature and we just need to wait to able invest in ETH again soon, you can invest in BTC, LTC and DOGE atm
Afaik, you can withdraw your investment anytime you want, without any fees or leave it for some of time.

Ohhh, adding ETH in their investment platform would be very good for many people. I have many friends here that are more into ETH than into BTC (don't judge them. I also don't know their reasoning  ).

And if that is the case, there's more reason for me to invest my crypto in their site. I don't want my money to be locked up in any investment platform and having the liberty to withdraw it anytime is a big plus in my book.

[sana54210]

Investing to the gambling sites is not always win because they have possible that your money will lost just like what happened to op.
But I think investing to that is good because instead of playing gambling you invest your money and you possible to earn in a less risk that playing who are risk is very high I hope most of the time when people invest to gambling sites they earn money.

That is the thing about investing into casinos that many people do not realize. Now these places have house edge, which means it will profit no matter what in the long term, there is no way that they would lose money in long enough time. If you are also investing into a place that has a lot of wagering going on with their website you will have a lot more money.

If a place has 100 btc wagered there per day, they are going to make 1 btc per day on average with 1% house edge, if there is a place with 1000 btc that is 10 btc per day instead, so find places with a lot of wagering going on. Definitely that place could be hacked but so does an exchange could be, sure there could be big win whales going on, but there could be also big whale losses as well, sure some people could get lucky for a while but also they could get unlucky as well.

In the long run with house edge on your side, investors can't lose money in the long term, on average they will keep making profits.

[ChuckBuck]

Ohhh, adding ETH in their investment platform would be very good for many people. I have many friends here that are more into ETH than into BTC (don't judge them. I also don't know their reasoning  ).

And if that is the case, there's more reason for me to invest my crypto in their site. I don't want my money to be locked up in any investment platform and having the liberty to withdraw it anytime is a big plus in my book.

Why does someone judge others when they invest or use ETH or some other currency? I know many people only value BTC, other currencies are rubbish in their eyes, although it still has some value. But that is the way people see it, not the way someone judges it. For an investment, any currency should be used and welcomed, as long as it is worth it. $ 50 in BTC is still similar to $ 50 in ETH, so why judge? You're just worrying too much, nobody judges it 

[asu]

So you do calculate your profit to the current market value and add it to your portfolio.
It's like you're hodling BTC and on the other hand investing at the same time.

I must say again if this keeps in the long run, it'll eventually turned into a great ROI. Bitcon value + Casino's profit.

[Botnake]

So you do calculate your profit to the current market value and add it to your portfolio.
It's like you're hodling BTC and on the other hand investing at the same time.

Exactly, that's what OP is trying to show to us.

I must say again if this keeps in the long run, it'll eventually turned into a great ROI. Bitcon value + Casino's profit.

Well, most likely OP will be profitable investing in a casino per BTC value, but in terms of USD, that still relies on the value of bitcoin which is very unpredictable and we never know what will its future, but then again, if OP believes BTC will rise in the long run, then he will keep this investment for long term. It's still less than a month I guess, a lots of trials OP will surpass for sure.

[asu]

Well, most likely OP will be profitable investing in a casino per BTC value, but in terms of USD, that still relies on the value of bitcoin which is very unpredictable and we never know what will its future, but then again, if OP believes BTC will rise in the long run, then he will keep this investment for long term. It's still less than a month I guess, a lots of trials OP will surpass for sure.

As far as I believe. Bitcoin have only one way to go around, and it has to be to the moon.

Anyway, investment matters to the amount you invested as well, but 2.95% ROI in a month, pretty good one. Good luck @Yatsan.

[examplens]

Well, most likely OP will be profitable investing in a casino per BTC value, but in terms of USD, that still relies on the value of bitcoin which is very unpredictable and we never know what will its future, but then again, if OP believes BTC will rise in the long run, then he will keep this investment for long term. It's still less than a month I guess, a lots of trials OP will surpass for sure.

As far as I believe. Bitcoin have only one way to go around, and it has to be to the moon.

Anyway, investment matters to the amount you invested as well, but 2.95% ROI in a month, pretty good one. Good luck @Yatsan.

I have been thinking for a long time about investment in casino bankroll, OP just helps me to make a decision. even the profit looks better than I expected.
Plus I have some amount of DOGE and LTC, where I hold it and waiting for much higher price than now, so why not to increase the amount.

I asked previous time, is it necessary to do any action to reinvest profit, or everything going automatically?

[BitcoinsGreat]

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet. 

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

I don't like the idea of investment of bitcoins in gambling sites. Even some exchanges also give us opportunity that e deposit our bitcoin with them and they give us monthly interest on them. I will never want to risk my bitcoins in order to get some dollars as an interest.

[Golftech]

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet. 

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

I don't like the idea of investment of bitcoins in gambling sites. Even some exchanges also give us opportunity that e deposit our bitcoin with them and they give us monthly interest on them. I will never want to risk my bitcoins in order to get some dollars as an interest.

Not sure why you have that kind of sentiments, most of us here are trying to look for investment opportunities as long as we do our research and we are convinced with every studies that we've made chances to succeed is always possible. Basing to what OP's performing right now and with how he choose the gambling sites to invest his money so far he's gaining.

[Yatsan]

So you do calculate your profit to the current market value and add it to your portfolio.
It's like you're hodling BTC and on the other hand investing at the same time.

I must say again if this keeps in the long run, it'll eventually turned into a great ROI. Bitcon value + Casino's profit.

Yes mate  Those two are a good combo for me, haha LOL

Well, most likely OP will be profitable investing in a casino per BTC value, but in terms of USD, that still relies on the value of bitcoin which is very unpredictable and we never know what will its future, but then again, if OP believes BTC will rise in the long run, then he will keep this investment for long term. It's still less than a month I guess, a lots of trials OP will surpass for sure.

As far as I believe. Bitcoin have only one way to go around, and it has to be to the moon.

Anyway, investment matters to the amount you invested as well, but 2.95% ROI in a month, pretty good one. Good luck @Yatsan.

I have been thinking for a long time about investment in casino bankroll, OP just helps me to make a decision. even the profit looks better than I expected.
Plus I have some amount of DOGE and LTC, where I hold it and waiting for much higher price than now, so why not to increase the amount.

I asked previous time, is it necessary to do any action to reinvest profit, or everything going automatically?

Everything is going automatically it is more like compound interest type of investment. The profit you are accumulating every minute will be add to your percentage share at the website.

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet. 

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

I don't like the idea of investment of bitcoins in gambling sites. Even some exchanges also give us opportunity that e deposit our bitcoin with them and they give us monthly interest on them. I will never want to risk my bitcoins in order to get some dollars as an interest.

Not sure why you have that kind of sentiments, most of us here are trying to look for investment opportunities as long as we do our research and we are convinced with every studies that we've made chances to succeed is always possible. Basing to what OP's performing right now and with how he choose the gambling sites to invest his money so far he's gaining.

I think he is thinking about the website that I am investing with. Well, I trust those two website considering that they are very reputable here and they are running for years! And also a lot of bitcointalk members are trusting their website cause they show here in the forum that they can be trusted with our money 

[BitcoinsGreat]

Didn't know that they are currently accepting people to invest in their bankroll. Might take a look at it and probably will invest some once I have any BTC lying around on my wallet. 

When you invest your money in their platform, do they allow you to withdraw it any time you want or do they have any contract that you need to leave your BTC for a certain amount of time?

I don't like the idea of investment of bitcoins in gambling sites. Even some exchanges also give us opportunity that e deposit our bitcoin with them and they give us monthly interest on them. I will never want to risk my bitcoins in order to get some dollars as an interest.

Not sure why you have that kind of sentiments, most of us here are trying to look for investment opportunities as long as we do our research and we are convinced with every studies that we've made chances to succeed is always possible. Basing to what OP's performing right now and with how he choose the gambling sites to invest his money so far he's gaining.

Well i was talking about in general because most of the new gambling sites may scam in the name of investments. Since OP is investing in Yolodice and Bustadice, he will be getting the benefit as both of these sites have good reputation.

[Globb0]

So look, say I put up 1 BTC here. Where would the OP recommend me to go with it?

[asu]

So look, say I put up 1 BTC here. Where would the OP recommend me to go with it?

Logistically at Yolodice, I guess. Since s/he has have more ROI than the other one. I'd go there as well, but would love to have some investment on the other one too.

[Quidat]

So look, say I put up 1 BTC here. Where would the OP recommend me to go with it?

Logistically at Yolodice, I guess. Since s/he has have more ROI than the other one. I'd go there as well, but would love to have some investment on the other one too.

I would consider both because if you do try to compare the two in terms of profit then $10-15 gap isnt that much.So it would be much wiser if you do invest on both.
As we can see those are profits made by compounding on 0.05 btc investment then it would look nice if it would be on 1 BTC unit but its all the same yet
it do always pertain with % profits overall.