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fullhdpixel
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August 11, 2020, 05:20:07 PM |
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I am considering this for real but the only thing I am not entirely sure about is casinos surviving for a very long time. I think bustabit could be one of the oldest that is both accepting investment and also has been around for a long time, but most of the investment casino places haven't been around for that long, plus I have seen moneypot going down and saw how people lost money there, so I can't really trust any place and invest.
Otherwise in my mind investing into a casino is set, that is a good decision and I will do that, if you are on the side of house edge that means you are going to profit and if a place is crowded and popular that means there will be a ton of gambling and ton of losses, but I am just not sure which one I could pick for 5-10 year investment and still be there when I come back.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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lebregone
Jr. Member
 Offline
Activity: 298
Merit: 5
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August 11, 2020, 06:15:18 PM |
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Your informations are very useful especially that I like to invest also in this type of investment but my problem is I don't know where to start yet.
I will try to study your data and I will try to make my move once I am already familiar to this kind of investment because as you have said also this is a high risk investment.
Therefore I need to become careful and patience in order to minimize my losses in case I cannot start correctly. If you have more data that can really help
a newbie in this kind of investment, I would be love if you can drop it also here.
Hi Lebregone. It's an investment that you need to have extreme patience. Investing in casino's bankroll isn't like the typical investment that you see online where they'll guarantee you the profit quickly. To have an idea how it's like, you can take the example of bustadice and read its term and explanation on: https://bustadice.com/investYou need to be registered so that you can read what it says. This link is really helpful thank you, Well I guess I should think more and carefully make a decision before investing to any gambling site. |
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Golftech
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August 11, 2020, 06:24:27 PM |
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This link is really helpful thank you, Well I guess I should think more and carefully make a decision before investing to any gambling site. You always should. This investment is passive if you have a long patience inside you, in any moment whales can cash out a huge amount and will affects the house and your entire bankroll. Better to seek for more ideas and more observation, if you are sure enough then joining will be free to go. |
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sunsilk
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August 11, 2020, 10:34:52 PM |
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This link is really helpful thank you, Well I guess I should think more and carefully make a decision before investing to any gambling site.
You're welcome. Think of it, no need to rush, and as you can see Yatsan is sharing his journey so you've got to have an idea how it goes through him. Just like any investment, an investor has to think of it and calculate the risk that he's taking. You should have the idea of how much risk you take and how you'll make it. |
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Questat
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August 11, 2020, 10:43:43 PM |
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I'm just curious with this, if BTC drop, let's say below the price when he started his investment, how can he be safe from it?
Based Yatsan's update, he made a profit of BTC0.004586 so far, so that profit will still be the same but the value would significantly change.
Looks like you didn't get what I meant  Safety here is not absolute, it is relative. He invested when BTC was worth $ 6000, and now it's almost doubled, meaning he has a huge margin, it's over $ 5000 at the moment. You know what I mean? The rate that BTC goes below 6000 is very low right now, so it's the reason I say he's safe, a relative safety I read your post again, I get it now, sorry man.  You stated that bitcoin should drop below $6000 in order for yatsan's investment to be affected, yes you are right, that's my point actually, I just loss comprehension when reading that time. |
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Oilacris
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August 11, 2020, 10:44:57 PM |
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This link is really helpful thank you, Well I guess I should think more and carefully make a decision before investing to any gambling site. You always should. This investment is passive if you have a long patience inside you, in any moment whales can cash out a huge amount and will affects the house and your entire bankroll. Better to seek for more ideas and more observation, if you are sure enough then joining will be free to go. This thread alone would already be ideal or enough for him to study if this one will fit out his interest.He can check out basing of on weeks statistics if this one is profitable or not but numbers given dont lie which is actually in greens.It might not be big but can be considered to be good when you do have some coins that do sit still into your stash. Investing is one of best option. This update is so good haha, As @snipie said there's a whale who lost and gives us a good profit, I am now at 13.1180% profit in BTC! I hope this continue well for us  What are your thoughts on this update? [/center] Nice profit and plus having the current price increase of the market which one of the factors that adding up on said gains. House do always win in the end eh? |
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Ayiranorea
Sr. Member
Offline
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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August 11, 2020, 11:04:29 PM |
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UPDATE NO: 15!!! This is the update for Yolodice: This is my total profit for: BTC: 0.00655249 USD: 336.37 PHP: 15990.42  Here's the spreadsheet: 
This update is so good haha, As @snipie said there's a whale who lost and gives us a good profit, I am now at 13.1180% profit in BTC! I hope this continue well for us What are your thoughts on this update? That's really a good profit. Making an earning of more than $300 in around four months time is big for an investment of 0.05 BTC, and for users who doesn't wants to take risks on trading can better go with such investment with the bitcoins that rests idle in the wallets. Keep going man, it is very hard to get an interest rate of 13% on investment. No banking schemes or any other policies cna provide this. |
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Reid
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August 12, 2020, 03:42:28 PM |
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@Yatsan, I recommand to take a look on your investment in Yolodice. It is all time high after the same guy lost another +~25 BTC there yesterday. I am in 9% ROI right now!
So it was 2 days ago already. I haven't checked it lately since I had been busy every day. It seems there is a drop in our earnings a little bit compared to yesterday ~ - 23k satoshi which is 1/5 of my profit, although there isn't signs that he is playing to recover his losses like the time before. We will see  What! Yeah, that proves I am not updated anymore. I bet he will be back for his revenge. It will be sweeter if he gets it back in an instant with high amounts. Or not. Anyway, I appreciate how you two updates this thread. Thank you. Keep it up! |
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mezzaluna
Member
Offline
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
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August 12, 2020, 04:49:04 PM |
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That is a very good comparison between the two gambling websites because of the fact that people can actually learn about your investment. New users and veteran users can spread their investments opportunities like the one that you just did and being able to investment at many things would be really profitable UNLESS something bad happens to the platforms that we are investing on. I'm really scared to invest on gambling websites but informative posts like this really taught me to be careful before using them.
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Natalim
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August 13, 2020, 11:17:13 AM |
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I'm really scared to invest on gambling websites but informative posts like this really taught me to be careful before using them.
If you are not afraid to gamble, you should not be afraid to invest in the website as the house always wins. What you just have to look into consideration is the reputation of the site, if they have a good reputation, then you should trust them to make you profitable. OP have only put 2 gambling sites on his investment demonstration, actually only 1 now, but you can always diversify if you are afraid of taking high risk. |
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snipie
Legendary
Offline
Activity: 3150
Merit: 1140
#SWGT CERTIK Audited
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August 13, 2020, 11:49:23 AM |
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@Yatsan, I recommand to take a look on your investment in Yolodice. It is all time high after the same guy lost another +~25 BTC there yesterday. I am in 9% ROI right now!
So it was 2 days ago already. I haven't checked it lately since I had been busy every day. It seems there is a drop in our earnings a little bit compared to yesterday ~ - 23k satoshi which is 1/5 of my profit, although there isn't signs that he is playing to recover his losses like the time before. We will see What! Yeah, that proves I am not updated anymore. I bet he will be back for his revenge. It will be sweeter if he gets it back in an instant with high amounts. Or not. Anyway, I appreciate how you two updates this thread. Thank you. Keep it up! Thanks. Until now he didn't show up again. Just the day of the drop he won all the "weekly" prize for BTC since all accounts in the first 5 spots belongs to him. So he played a little apparently, won a good amount and didn't show up again for now at least! |
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reliable
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August 13, 2020, 12:41:19 PM |
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If he is able to control and already won the prize and made money then better would be if can stay away else you never know this greediness can result into heavy loses and also addiction is quite easy so who know by now if already being addicted to it and then might come back again and win/loss will depends upon his luck.
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erikoy
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August 13, 2020, 12:47:19 PM |
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If he is able to control and already won the prize and made money then better would be if can stay away else you never know this greediness can result into heavy loses and also addiction is quite easy so who know by now if already being addicted to it and then might come back again and win/loss will depends upon his luck.
It is because if one gets a win it always wanting more. Based on experience that I won a game in poker. Relatively that was huge and the result I wanted more to win for me to be able to buy things I wanted if I can have more wins. The problem is that other players too would not allow it to happen because they too are hoping to win games or rounds. Despite of some losses made I never stop to gamble until such made some winnings and losses over and over again. I was having so much excitement and fun while playing but in the end the result is clear that if one will not stop playing more often losses comes. I think it is a life sometimes when one play so hard like betting huge. I have done that already and still now wondering to do next time around betting huge as to win huge and quit playing taking home the wins. |
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Reid
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August 13, 2020, 05:57:14 PM |
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Thanks.
Until now he didn't show up again. Just the day of the drop he won all the "weekly" prize for BTC since all accounts in the first 5 spots belongs to him. So he played a little apparently, won a good amount and didn't show up again for now at least!
Yeah, and we will feel the shake if he comes back. Either we go up for another 50-100k satoshis or down. He may have stayed calm for now. The beast also needs a rest. 5-7k satoshis is the movement I see for 2 days. He may still be in hibernation. |
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wildan88
Legendary
Offline
Activity: 1862
Merit: 1046
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August 13, 2020, 08:00:49 PM
Last edit: August 14, 2020, 07:41:55 PM by wildan88 |
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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.
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Kasabus
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August 14, 2020, 07:54:20 AM |
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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. |
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gulfbitscoin
Newbie
Offline
Activity: 1
Merit: 0
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August 14, 2020, 09:29:38 AM |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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August 14, 2020, 10:06:40 AM |
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~snip~
@gulfbitscoin, what's up? why do you have to quote the entire update of OP? We can always read that as we have been following this thread from the start. |
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imstillthebest
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August 14, 2020, 10:16:30 AM |
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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. this is true on any kinds of investment not only on this site . its like rich are going to be richier but for poors that can hardly risk a really huge amount , all they can do is to get jelly because they can only earn small most of the times . i tried investing before but i didnt fell inlove with the process . i got tired seeing small gains so i withdrewed my money . im so suck at investing , urghh |
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LogitechMouse
Legendary
Offline
Activity: 2436
Merit: 1036
Chancellor on brink of second bailout for banks
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August 14, 2020, 10:20:38 AM |
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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 that you will invest will affect the profits you can also get. Lower invest = lower profit and vice versa. Either way, there is no doubt that Yolodice is one of the trusted gambling sites. Now if you are doubting with your profit, it will depend on the results of the gamblers. If a whale lost a huge amount then investors will gain huge profit but if a whale got a huge win then it will be the opposite for us. Invest in Yolodice if you have spare Bitcoin and wait for a long time for it to get some profit. Patience is the key  |
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