GAMBLING SITE INVESTMENT

[carlfebz2]

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter  since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid  you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

And that is also the reason why you should not invest all the money you have in only investment , make a separate investment for every platform or gambling website if you want to invest in a house  trust isnt an issue As long its not yet happen the things that you are afraid of, I don't say it safe but it will minimal the risk if you invested it separately .

Good suggestion though but these kind of decisions will matter on users preference because they do have much trust into a particular house rather than considering on making an option to put into other ones which
he doesnt like. Investment would always accompanied with risk thats why its always been a gamble to throw up some money into a thing which you cant be sure that it would be long lasting.

@OP, now the market is starting to uprise and we do hit 12k mark.Its somewhat expected that you are already in greens for now, when is the next update or post up?

[Naida_BR]

18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."

I'm a bustabit investor. In the beginning I was getting a lot of profits.
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?

[Natalim]

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

That's why you need to calculate the risk carefully, only invest in bitcoin when you are already sure of what you are doing.
Risk is always here the moment we convert our money to bitcoin and invest in a casino, but this risk is nothing if you will get a good reward in the end, and that is our aim as an investor, we are always willing to take the risk and just like a gambler, we only invest what we can afford to lose.

[imstillthebest]

Yes, I'm with you, it's not good idea to invest all the money at once, it has big risks at all.

what if all your money is only 10 dollars  and you invest that all ? i wont say its a huge risk because that amount is verry small .  you should specify next time if how much is the amount your talking about  .

 this thread also talks investing on a gambling site and thats different compare to investing on a crypto .  you need to invest huge on here to see noticeable improvents for your money

[sunsilk]

Yes, I'm with you, it's not good idea to invest all the money at once, it has big risks at all.

what if all your money is only 10 dollars  and you invest that all ? i wont say its a huge risk because that amount is verry small .  you should specify next time if how much is the amount your talking about  .

 this thread also talks investing on a gambling site and thats different compare to investing on a crypto .  you need to invest huge on here to see noticeable improvents for your money

IMHO. What he's saying is about diversifying and he's right with what he said that it's not good to put all of your investments in one area. We're all aware of it and understand that concept of investing and what he's saying.

But he should also be specific on it. Risk is found in all investments, small or big amounts, you can all see the risk on it. What the guy should do is to take a look at the updates about his investment to have an idea how big the risk is with bankroll investing.

[Questat]

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.  

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

[john_nautica]

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.  

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

I agree with you. While this is a topic of investments, there is difference if the investors if very knowledgeable and inclined in the sector of the target investment plan. As gamblers are very familiar with gambling, making investment with a gambling site won’t be new environment for them. Thus, strategies and accurate decisions are made.

[Reid]

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.  

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

Better.
No middleman. 

You go directly to a gambling site, input the amount you can risk then Voila! you have shares already.
I like this better since I can understand it plain and simple.
There might be more risk, but like they always say "the house always wins".

The risk factor is the trust issue. But with Yolodice, there is no problem with that.

[Russlenat]

I don't believe investing in gambling sites is any different that investing in stocks bonds or anything else.  

BUT of course, this is a gambling section so gamblers will be gamblers.

This is the difference you missed when you say you don't see the difference between investing in stocks and gambling sites.
Most of the investors in gambling sites or casinos are really gamblers in real life, they know they have the disadvantage so they understand that siding the casinos will make them profitable. This thread is already telling us investing in a casino is profitable since this thread has been running for months already, and profit so far.

Better.
No middleman. 

You go directly to a gambling site, input the amount you can risk then Voila! you have shares already.
I like this better since I can understand it plain and simple.
There might be more risk, but like they always say "the house always wins".

The risk factor is the trust issue. But with Yolodice, there is no problem with that.

All you need to look is the price volatility as you are almost guaranteed with a profit knowing a reputable casino would always win most of the time. It's actually an easy way of making money, the difficult part only is in the beginning and that is to search for a gambling site you can trust with your money.

[reliable]

18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."

I'm a bustabit investor. In the beginning I was getting a lot of profits.
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?

There are various options available and if one of them you think is not yielding you the desired results you can switch and try out other options to invest in bankroll. But understand this does not guarantee that you would continue to get the profits in the same way in future, it all depends upon if whales lose you gain it.

[Waffen]

Thanks for the information which you provided, really appreciate it sir

[freedomgo]

Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.

you should try, if you don't want to take a high risk and you are not confident with investing yet, start with a small amount and observe, then if you feel you are getting your expectation, that's the time you get aggressive with your investment. Good that you are inspired with this thread.

[Questat]

Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.

you should try, if you don't want to take a high risk and you are not confident with investing yet, start with a small amount and observe, then if you feel you are getting your expectation, that's the time you get aggressive with your investment. Good that you are inspired with this thread.

Good advise though, I would do the same, I can't be aggressive automatically just because I saw some investors are doing well when investing in a casino, their outcome and our outcome does is not automatically the same as our patience will be tested while investing.

if we have followed the journey of OP, there are times that he reported a small profit, so it's not always sunny days when investing, sometimes the risk of your money getting hack could possibly happen as well. Diversification should be the key.

[glowing10]

Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.

Couple of things as you will try for first time, invest extra amount which you are fine just in worst case your investment drops by 50% or so you are still fine. Do not invest all at once unless you are just doing minimum investment in bankroll then its fine, else you can divide and do it. It is rewarding as well but generally speaking it depends on luck as well as in short time some gains profits if some big whales loses after you have invested it.

[MFahad]

18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."

I'm a bustabit investor. In the beginning I was getting a lot of profits.
Now during the last two months I don't see my bag getting bigger.
Isn't a good idea to switch to Yolo dice?

How much profits were you getting from bustabit in the past? Even if you are getting stable profit from there, there is no need to experiment with another investment gambling site. We can further guide you if you can tell how much profits you getting these days from bustabit ?

[sunsilk]

Very informative and well-explained, thanks. I've never tried gambling investment but I keep hearing good things about it from my acquaintances, so maybe it's worth trying it.

If you'll do it, invest in the casinos that have a reputation on this. You're with the house if you're also an investor. Try it and see if it will click the likes of your investing technique.

but gambling was one of my passions back in the day, so I'll give this opportunity a try. I have separate investments for every platform or market I invest in, and this is because I don't want to risk, and I manage this as well as I can. If you have any tips to share, you're welcome.

It is good to know that you have a diversified portfolio. You look to have an investing knowledge and background already. Adopting to bankroll investments, you will not have a hard time understanding it. As to investing tip, the tip in gambling can also be applied which you only invest the amount of money or in crypto that is affordable for you to lose.

[Finestream]

I will just write my own opinion about this topic here. I suppose that the success of your gambling investments depends on some factors. The most random of them - is just luck.

Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.

[Oshosondy]

Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.

And one thing I like about gambling site is that they are just fortunate, gambling companies makes money while bettors lose but it is fun as people are expected to use the money they can afford to lose. If gambling company worth $100000 today, before next 6 monhs, they would have doubled their income, that is just normal. But we need to be careful not to invest in a wrong hand and think it is a gambling company, also we should make sure we follow legit project rather than scammers with a sort of ponzi.

[Mahanton]

Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.

And one thing I like about gambling site is that they are just fortunate, gambling companies makes money while bettors lose but it is fun as people are expected to use the money they can afford to lose. If gambling company worth $100000 today, before next 6 monhs, they would have doubled their income, that is just normal. But we need to be careful not to invest in a wrong hand and think it is a gambling company, also we should make sure we follow legit project rather than scammers with a sort of ponzi.

We know that "House always win" this is a famous and common quote and its just normal for us to say because gambling industry is one of the most
profitable business out there and considering lots of them on existence because business owners do think that they can make out profit out of those
gamblers who do tend to seek out for entertainment and making profit.For someone who do have plans on making investment with the house itself then
it isn't a bad choice considering on the gains where these people been showing off recently then you can conclude that you can really make out
some profit.Yeah, it not might be big but somewhat been assured for longer runs.

[Globb0]

This thread hasn't convinced me to rush and invest.

Its pretty much as proved here some win some lose.

In essence the casino is transferring the risk, no doubt so win or lose = they win

It seems viable

Just like track side bookies lay off their risky bets