jademaxsuy
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November 30, 2020, 06:26:07 AM |
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It is always a positive or income when it comes to investment especially in gambling. There are so many gamblers out there and are playing using cryptocurrency. Advertisement, promotions adds traffic to the gambling platform. So, if I were to invest in a certain gambling site then I will ask questions regarding on possible promotions and how it will be advertised to add traffic in that gambling site so that earning profit will not be that difficult.
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matchi2011
Sr. Member
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Activity: 1456
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Buy $BGL before it's too late!
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November 30, 2020, 07:41:53 AM |
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You guys should stop replying on this thread since OP didn't update his weekly investment again. Last of his update about his investment was around 3 months ago. You can't use any information on OP (because it's not updated) since it could be misleading people if investment in casino always make profit for you
I think that it is not that bad of a thing if OP does not update the thread, OP might be busy. The amount of updates I think is enough in my opinion to prove OP's point that investing into something is a good way to earn a passive income. That's 17 weeks of update, I think it's enough if you are looking for an information about result of investing, OP is still active in the forum but we don't know if he is really busy in real life, maybe we can PM him but it's not really his responsibility to update this thread, he can do it or not, it's his decision. And the fact that OP is treating this as passive investment, he's willing to take time and see the outcome in a much decent profits. Good enough to tell he's readers. Gambling investment is good for those who can afford to wait and have good patience to keep your money rolling, it's not quick rich investment but instead a need of assessments and good knowledge about the site you are investing in.
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pawanjain
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November 30, 2020, 08:14:26 AM |
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The figures look good to me. The profits are decent. Instead of just keeping our bitcoins lying around may be we can put a short amount as an investment in these sites. Can OP or somebody please provide the lead as to how can I start with the investment. It would be even better if there is some kind of consolidated list of gambling sites with such investment opportunity and ROI.
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sunsilk
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November 30, 2020, 08:35:09 AM |
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It is always a positive or income when it comes to investment especially in gambling.
Nope, it's not always positive but as long as you're not pulling out your money in the bankroll you always have the chance to recover and eventually get a proft from it. The run and updates from op are encouraging but it's not the same from others bankroll investment if they get in at the wrong period. Advertisement, promotions adds traffic to the gambling platform. So, if I were to invest in a certain gambling site then I will ask questions regarding on possible promotions and how it will be advertised to add traffic in that gambling site so that earning profit will not be that difficult.
You could also invest to those casinos that has existing forms of advertisement like in signatures or those flashy ads on the web that you can. As long as they offer a bankroll investment.
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Karartma1
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November 30, 2020, 08:54:04 AM |
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Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.
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XZERO1
Member
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Merit: 33
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November 30, 2020, 09:21:35 AM |
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You guys should stop replying on this thread since OP didn't update his weekly investment again. Last of his update about his investment was around 3 months ago. You can't use any information on OP (because it's not updated) since it could be misleading people if investment in casino always make profit for you
I don't think results will be that much different, both Bustadice and Yolodice are highly reputable casino websites in the forum and it's not like they're some new random websites that just appeared so that this topic could be considered misleading, in addition to that other people that invested in these websites could also share their experience here if there's any problem with them, 17 weeks of experiment on their investing platform is more than enough to give you some sense of how good or bad investing in these websites are anyway.
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Sanitough
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November 30, 2020, 10:55:32 AM |
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Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.
That's definitely the biggest risk when investing in a casino, we don't own the platform, anytime they could go dark taking our coins, so everyone should be aware of that risk, and don't just focus on the reward. Those who are saying that investing in a casino gives easy money, they are 100% WRONG!
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bitterguy28
Full Member
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“FRX: Ferocious Alpha”
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November 30, 2020, 11:08:38 AM |
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Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.
Though It is a 3rd party Holder yet it is a trusted gambling site that i think won't risk their Reputation for Some Shared investments. And besides in every investments there is a risk and Since this is a Gambling site so be sure that you are engaging in a Risky environment. But if you Get lucky and Blessed,Surely you won't regret the amount you may win.
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Ziskinberg
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November 30, 2020, 02:26:00 PM |
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Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.
Though It is a 3rd party Holder yet it is a trusted gambling site that i think won't risk their Reputation for Some Shared investments. And besides in every investments there is a risk and Since this is a Gambling site so be sure that you are engaging in a Risky environment. But if you Get lucky and Blessed,Surely you won't regret the amount you may win. According to the result of investment from OP, it wasn't really that attractive though, don't expect that it will double your money easily as there are some days that the site is not in profit although people say that they win all the time. Investing in casinos is just putting a deposit on the bank with few interest earn, but there's no risk in putting your money in the bank as it's insured, unlike in casinos bankroll.
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DevilSlayer
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November 30, 2020, 03:42:56 PM |
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Never forget that whatever the income this investment might generate you are always relying on a third party to hold and secure your coins. If something goes wrong (and it can be anything from theft to scam) you might end up losing everything. I will consider these kinds of investments neither safe nor profitable as the unknown is always behind the corner.
That's definitely the biggest risk when investing in a casino, we don't own the platform, anytime they could go dark taking our coins, so everyone should be aware of that risk, and don't just focus on the reward. Those who are saying that investing in a casino gives easy money, they are 100% WRONG! Understanding the whole concept of the investment that you will do is important because your money is in line wherein it can be lost like stealing by the hackers or scamming by the management of the investment itself. Having passive income in gambling site is good as long as your funds should be safe, people are thinking that it is too low for annual returns but we are talking about passive income wherein you can earn money without doing anything. If you want high returns then it is better if you will risk your money in playing gambling games or putting it in trading exchanges. The rewards there are huge but the risks are also huge wherein you can lose your money instant if you do not have good risk management.
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Eureka_07
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November 30, 2020, 04:31:36 PM |
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According to the result of investment from OP, it wasn't really that attractive though, don't expect that it will double your money easily as there are some days that the site is not in profit although people say that they win all the time. <snip> For me, the results are quite promising, based from the result that has been posted by the OP, he managed to double up his investment from April to August... for just four months, he got 100% profit. Though it's still risky with the fact that someone might managed to hit bigwins to the casino, that will have a negative effect to the investment. Also, sometimes, the casino's wallet for paying out are also get sucked and needed to be refilled, that's unfortunate if your investment was included into that loss.
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Karartma1
Legendary
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Activity: 2310
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December 01, 2020, 08:34:30 AM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
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Oneandpure
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December 01, 2020, 01:10:52 PM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
How gambling site investment running does any member have to gabling or manage by the owner to bet and I think is have big risk because gambling is the way just get little chance win and earn money back. I think why not to invest with coin only if we want to earn passive income without check market always. Maybe by holding coin we have chance with good price when holding one or two years and get many profitable without risk like gambling.
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xxjumperxx
Sr. Member
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Buy Bitcoin!
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December 01, 2020, 01:52:28 PM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
If you say it like that every investment has its risks... You could invest into stock, which could come crahing... well in terms of Bitcoin, holding Bitcoin itself is like an investment and we all know how volatile Bitcoin itself is. Its always smart to do your research and always invest what you can afford to lose... Nothing is safe, not 100% at least.
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ethereumhunter
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December 01, 2020, 02:41:00 PM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
How gambling site investment running does any member have to gabling or manage by the owner to bet and I think is have big risk because gambling is the way just get little chance win and earn money back. I think why not to invest with coin only if we want to earn passive income without check market always. Maybe by holding coin we have chance with good price when holding one or two years and get many profitable without risk like gambling. If he wants to earn passive income, he doesn't need to gamble, but he can try to stake the coin to give him profitability in the future. But since we know that many staking coins available on the market, we need to search for the right coin to stake. That will not make us lose our money, and we can also earn the reward by getting more amount of that coin for some time.
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peter0425
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December 01, 2020, 02:45:38 PM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead. but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn.
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covfefe_
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December 01, 2020, 03:37:20 PM |
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Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.
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Quidat
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December 01, 2020, 09:45:18 PM |
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Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.
If thats what you believe then you arent forced to make up investments with them.Some of people do make out investments together with the house since they do know the advantage even though you do got some point but overall its just a typical thing that house will be always prioritizing themselves among any others which isnt really a surprising thing.To look into those numbers then at least you do see greens and together with the market price is soaring up which is really an advantage.
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janggernaut
Legendary
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Activity: 2380
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December 01, 2020, 10:21:53 PM |
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Bustadice, Bustabit and Yolodice are surely the best of gambling sites. But the new update on their investment options have made the investment option nearly useless. Though they claim a 50-50 distribution between the site and the investors, with the site keeping their profit first, and adding the profit if left in the bankroll itself, the investors could be ever losing while the site ever wining.
I think that's fair ? When site lose, site will cover 50% and the 50% left will be covered by investors. Yolodice also doesn't has any dilution fee while you invested on their site, not like bustadice or bustabit. I don't think results will be that much different, both Bustadice and Yolodice are highly reputable casino websites in the forum and it's not like they're some new random websites that just appeared so that this topic could be considered misleading, in addition to that other people that invested in these websites could also share their experience here if there's any problem with them, 17 weeks of experiment on their investing platform is more than enough to give you some sense of how good or bad investing in these websites are anyway.
You don't know exactly what would be happen in gambling site's investment just only with 17 weeks.
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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December 02, 2020, 07:48:40 AM |
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There are too many factors that contribute to making these kinds of investments too risky for me. I already mentioned the fact that the site owners can go rogue and disappear (it happened so many times, and don't believe that a longer presence means security), there can be a theft from the outside, some glitch in the games that allow people to win big (and destroy your investment). These are the main ones and they are too many.
I get your point specially if there are Many investors that supports the process then for sure this will cost tons of amount and can make the owner blinded and instead of running the site He may decide to Run and take the money instead. but of course Lets give the benefit of the doubt since this is experimental and obviously OP just wanted to Show everyone whats Inside the investment process,So readers need to decide depend on what they see and what they learn. For some, even a small profit can be worth taking risks. I am focusing more on the unnecessary risks (I've already expressed earlier on) that one takes when investing in these entities than on the potential profit. I will never be tired of warning users (especially newbies) about the potential risks they are assuming for some small profit. Easy as that. In the end, it's about the message and I hope mine is clear enough.
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