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Author Topic: GAMBLING SITE INVESTMENT  (Read 6899 times)
Questat
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December 02, 2020, 11:31:56 AM
 #681

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.
Newbie will have to learn, either a hard way or not, if they'll listen to the advices from those who already have an experience, they might not loss more money anymore before they learn, but being a newbie, they just love to explore so let's just hope that they'll learn early.

hulla
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December 02, 2020, 11:29:37 PM
 #682

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.


It good to be conscious in terms of investment especially when it bankroll investment which profit is no guarantee but that doesn't mean that all the reputable mentioned by the OP will decide to steal from investors as you presumed just to spoil the reputation built for many just because of some thousand $? Mind you, every earning and activity are done sincerely with no cheat.

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michellee
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December 03, 2020, 06:36:40 AM
 #683

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.
We can warn users, especially new people in the crypto world, but we can not force them to follow what we suggest. They have their own decision to know which is better for them. And related to the gambling investment, as long as new people can learn from many sources about the crypto gambling investment, they will survive in the crypto world and they can make a profit.

We can hope that the new people will understand the risk of gambling investment, so they don't need to take a big risk in the investment. Instead of getting a bigger risk, they can learn how to minimize the risk to get a scam from the investment. If they can know which investment is right or wrong, they will identify the right investment.

Karartma1
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December 03, 2020, 09:13:41 AM
 #684

Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.
Zackgeno96
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December 03, 2020, 09:27:55 AM
 #685

There are actually several ways to invest well in a gambling site. You can also start one yourself. Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.

.
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Rodeo02
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December 03, 2020, 09:36:24 AM
 #686

Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.


That's right, you can't stop them from doing what they want to do. no matter how many times you warn them if they really want to gamble and invest you can do nothing and let them do what they want and they will also understand that voluntarily in the right time when the investment turn to be scam.
peter0425
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December 03, 2020, 10:15:49 AM
 #687

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.



Trust me no one is hindering you from Giving warning and advise because that is your right and also prerogative.

But also People here will express their understanding on what this thread is all about.
We are all mature enough to decide in which investment we will take.

AS i already mentioned the OP is an open book,everyone can Look at it and find what they think either profitable or losses it's their own discretion .


I understand and Salute you for your advocacy,Just keep it up you are saving people from losing.









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sunsilk
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December 03, 2020, 10:23:31 AM
 #688

There are actually several ways to invest well in a gambling site. You can also start one yourself. Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.
Bankroll investment just like OP is sharing is the main thing in gambling sites if you're for the investment. But the investment that you are describing is like financing a gambler and this is riskier than the bankroll investment.

And don't think that the amount you gamble is an investment. Gambling your money is being compared to the same as investing but it shouldn't be thought of like that. They are not the same.

Questat
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December 03, 2020, 10:35:30 AM
 #689

There are actually several ways to invest well in a gambling site. You can also start one yourself.
This one requires a lot of money, you need to be financially capacitated if you start a gambling site on your own, there's a lot of factors to consider in order to make your gambling site successful, and mostly it involves money, start with $1,000 dollar site and I'm sure it will not succeed, but you can invest in a casino's bankroll with $1,000 and let it grow when the casinos stays profitable.

Or maybe you can invest with someone who wants to set it up but doesn't have the financial capabilities.
Then you can also have it put in a contract that you will receive part of the turnover.
Still the same, you are like a co capitalist, still involve serious money.

ethereumhunter
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December 03, 2020, 10:43:29 AM
 #690

Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.


That's right, you can't stop them from doing what they want to do. no matter how many times you warn them if they really want to gamble and invest you can do nothing and let them do what they want and they will also understand that voluntarily in the right time when the investment turn to be scam.

If they still want to try, maybe we can let them do that, so they know if that can work or not. Maybe if they know that the gambling investment will also have a risk, they will not try big money. They will search for other ways or methods to make money. But that will not happen with people who still curious about gambling investment, and they will try to invest more money.

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December 03, 2020, 11:36:59 AM
 #691

Warning them is enough: I would never force anyone to do what others say. Newbies might get easily fooled into believing get rich quick schemes, doublings, HYIPs and similar things nonetheless we should warn them. After that, everyone is free to do whatever he likes.
If our warning might save even only one guy from losing his money, well, that was worth it.


That's right, you can't stop them from doing what they want to do. no matter how many times you warn them if they really want to gamble and invest you can do nothing and let them do what they want and they will also understand that voluntarily in the right time when the investment turn to be scam.

If they still want to try, maybe we can let them do that, so they know if that can work or not. Maybe if they know that the gambling investment will also have a risk, they will not try big money. They will search for other ways or methods to make money. But that will not happen with people who still curious about gambling investment, and they will try to invest more money.

Curiosity is normal for us, but this thread has become a guide for us on what to expect when we invest money in a gambling site, and as you see it, you need to play with the  price volatility too, so it's another risk you'll consider aside from the site getting shut down or will go scam their investors and gamblers.

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December 03, 2020, 06:02:48 PM
 #692

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.


I think that most likely you and I have the same problem with this kind of investments, the problem is that the profit is low and the risk is very high when most of the time you want the opposite, you want a high profit with a very low risk, so while many people only look at the steady profits that they could get by investing in those kind of websites we will look at the risk of having a monumental loss and we simply think that it is not worth it and that there are many other opportunities that offer better profits for the same risk.

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FinneysTrueVision
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December 03, 2020, 11:31:27 PM
 #693


I think that most likely you and I have the same problem with this kind of investments, the problem is that the profit is low and the risk is very high when most of the time you want the opposite, you want a high profit with a very low risk, so while many people only look at the steady profits that they could get by investing in those kind of websites we will look at the risk of having a monumental loss and we simply think that it is not worth it and that there are many other opportunities that offer better profits for the same risk.

If you invest in a website that has multiple coins you can mitigate those risks by diversifying your investment. This is what happened to me with YOLOdice. While Dogecoin has performed the worst of any coin the last two months, I've made up for those losses from my Litecoin investment which has done really well recently. I am still worried about the risks so I'm steadily converting everything to BTC and withdrawing to my own wallet once I have enough BTC that I won't lose a big percentage to withdrawal fees.

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December 03, 2020, 11:49:06 PM
 #694


I think that most likely you and I have the same problem with this kind of investments, the problem is that the profit is low and the risk is very high when most of the time you want the opposite, you want a high profit with a very low risk, so while many people only look at the steady profits that they could get by investing in those kind of websites we will look at the risk of having a monumental loss and we simply think that it is not worth it and that there are many other opportunities that offer better profits for the same risk.

If you invest in a website that has multiple coins you can mitigate those risks by diversifying your investment. This is what happened to me with YOLOdice. While Dogecoin has performed the worst of any coin the last two months, I've made up for those losses from my Litecoin investment which has done really well recently. I am still worried about the risks so I'm steadily converting everything to BTC and withdrawing to my own wallet once I have enough BTC that I won't lose a big percentage to withdrawal fees.

That part you are also playing with the volatility, knowledge in investing in a casino is not enough, you also need to study the price volatility and follow the coin you use for investing which is honestly harder than just investing in a casino alone. I believe a stable coin for investment would solve that problem, so hopefully these casinos will offer that for investment.

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December 04, 2020, 09:20:12 AM
 #695

Curiosity is normal for us, but this thread has become a guide for us on what to expect when we invest money in a gambling site, and as you see it, you need to play with the  price volatility too, so it's another risk you'll consider aside from the site getting shut down or will go scam their investors and gamblers.

The price volatility will be the biggest risk in the investment. Many people can not handle the right, and they become sad when they know that their money value is up and down every day. If you can accept the risk, you will not see the volatility because the volatility will be your friend in the investment. But if you can use the volatility in the investment, you can still make your profit. But we need to manage our curiosity before we run out our money in the gambling investment.

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December 05, 2020, 08:08:24 AM
 #696

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December 05, 2020, 08:17:38 AM
 #697

Curiosity is normal for us, but this thread has become a guide for us on what to expect when we invest money in a gambling site, and as you see it, you need to play with the  price volatility too, so it's another risk you'll consider aside from the site getting shut down or will go scam their investors and gamblers.

The price volatility will be the biggest risk in the investment. Many people can not handle the right, and they become sad when they know that their money value is up and down every day. If you can accept the risk, you will not see the volatility because the volatility will be your friend in the investment. But if you can use the volatility in the investment, you can still make your profit. But we need to manage our curiosity before we run out our money in the gambling investment.

about price volatility if you're just focused in crypto currencies (1 btc = 1 btc) you don't care about FIAT value, since you're trying to earn more crypto. I will be scared to use a stable coins since they have a long T&C to be read .... Roll Eyes
Generally speaking I am more comfortable to store bitcoin and not classic FIAT, since have we have seen there is generally a good value gaining after several months/years.

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December 05, 2020, 04:04:25 PM
 #698

Gambling site investment is best. If a person invest in casino, in long time, the person will get profit. But patience is needed. Sometimes it will loss, sometime win, but if person is not afraid of losses, and keep in casino, they will sure get profit.

You'd be profitable on gambling investment on long run as house never lose. But with so much options available with crypto, simply selling high and buying low would bring you much more profit than keeping your coin on gambling investment. Yes you can withdraw them when you want to sell but you won't have the flexibility of buying and selling multiple times at your will. And to discourage quick withdrawal, almost all of gambling investment takes a dilution fee.
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December 05, 2020, 09:14:52 PM
 #699

Gambling site investment is best. If a person invest in casino, in long time, the person will get profit. But patience is needed. Sometimes it will loss, sometime win, but if person is not afraid of losses, and keep in casino, they will sure get profit.

You'd be profitable on gambling investment on long run as house never lose. But with so much options available with crypto, simply selling high and buying low would bring you much more profit than keeping your coin on gambling investment. Yes you can withdraw them when you want to sell but you won't have the flexibility of buying and selling multiple times at your will. And to discourage quick withdrawal, almost all of gambling investment takes a dilution fee.

Not all would really be having that kind of trader mind and they do think off about passive incomes without doing anything as long they would really earn some amounts then that
what matter most.Its up to someone on whats his reason is neither its a personal one or just because someone did really invite or convince him to do so.
Buy low and sell high does indeed work but these people do really like up some challenged or in the vibe that theyre investing something on a platform type of feeling
or trying to make out those investments which is totally different into that casual HODL thing.When it comes to profitability then theres no doubt that
house do always win but doesnt men that you would see greens from time to time specially if a player do won big time then that will surely affect out profitability.
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December 05, 2020, 10:54:46 PM
 #700

Gambling site investment is best. If a person invest in casino, in long time, the person will get profit. But patience is needed. Sometimes it will loss, sometime win, but if person is not afraid of losses, and keep in casino, they will sure get profit.
These words mean a lot and this is the process of investing in a casino. There are people that are still confused as to how to invest in a casino.
They thought that it's through gambling but no, it's not like that. Patience is right and it's needed because just like the market, casinos sometimes have lucky players and it's reducing the bankroll but most of the time, they profit.

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