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Author Topic: Investing and the casino business.  (Read 566 times)
dothebeats
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October 04, 2022, 10:03:55 AM
 #81

AFAIK Bustadice and Bitvest are two reputable casinos in this forum that still offer bankroll investment, so if you really want to invest you can choose those casinos. Although it sound investing in casinos are very profitable since the house always win, but they have a rules about withdraw fees where you want to withdraw your money from the bankroll investment. It depends on each casinos, just like Bustadice who ask 2% of the total investment.

If you didn't hold for long and withdraw your investment before it reach at least 2% profit, you'll loss.
Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...
[/quote]

The strengths of the casino may also be its weakness, too.

If 100 players won a fair amount in a day, it can greatly affect the bankroll of the casino and even one's bankroll investment. IMO investing in casino bankroll is tricky and more dangerous than investing directly in the platform and helping it develop its infrastructures. The return is lower on the latter but it ensures that you'll have profits over time compared to just investing on a bankroll wherein a good day for someone is a bad day for you.

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Cookdata
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October 04, 2022, 10:26:13 AM
 #82

Quote
Through July 2022, American gaming revenue hit $34.3 billion, a 15.5 percent rise from the same period in 2021, according to the American Gaming Association.
It can be a small minded thing to think that the only way to benefit from casinos and sports betting places is to gamble there. Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.

You just said 15.5% rise in 1yr, when Bitcoin is getting this value in 24hrs, isn't that amazing? Because to me Bitcoin remains the best option for long-term investment. But in as much as you just said that investing in stock from worthy casinos could be another way of generating revenue but I'm sure they can never be as lucrative as gambling whereby with just $100 or below, you can stand the chance of winning over $1million in few hours or lose your entire funds, which has its advantage and disadvantages. Likewise investing in stocks from casinos that can easily be affected faster by market inflation (recession)

Look again, the 15.5% rise is in billions, I don't think those are small money you will consider not good enough as an investment, bitcoin may be another key investment but both are two different things, if Bitcoin is the only way for you, that's fine but companies now diversify their investment strategically in a way they share them in a ratio which we have seen MicroStrategy have all adopted.
Buying a stock of a casino is different from playing in the casino itself and judging from what OP said above, you get some advantages over other players and perhaps dividends in return for investing in their stocks.  Also, I don't think there is any casino you could just use $100 to win $1 million, this is possible but they are rare my friend.

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October 04, 2022, 11:30:59 AM
 #83

The thing is, it's not easy to invest in these entities unless you have millions to use as a capital for investment. They'd probably focus more on the big fishes to keep on funding their platform rather than small timers like us to give them a steady stream of funding. While on paper, with these numbers included, it is a no-brainer to invest on these platforms, in practice (especially crypto gambling platforms) your investment can only last for a few months before it gets used up by the casino as a payout for their winners.

Investments in casinos are only noticeable if your share is a big percentage of the overall. That just means that to attain such felt interest and profit coming, you must also have a big amount at stake on them which may equal to hundreds or even millions especially if we are talking about a big casino which have built their name and reputation for the past years and is still being patronized by many.

It's also risky to invest in just whatever casino you know is operating now because in order to guarantee or at the very least maximize the potential of your money to grow, a casino must be well-known and used. Background checking is a must and hastily deciding shouldn't be an option. It would be a suicide mission if you'll just careless invest in something you don't know about. Their target surely are those who can invest millions, but they also accept those little investments. Just be reminded though that the moment things don't go well, they will prioritize first their biggest investors so still, be cautious in picking and deciding whether where to invest and how much you will risk.

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October 04, 2022, 09:58:26 PM
 #84

I think as usual dividend paying gambling companies are more worth to invest in. I think it's definitely good idea to invest into gambling business if you are interested in their operation. I feel like casinos are too much energy consuming (especially incredible electricity consumption) but Las Vegas will always be capital of casinos in the world. Investing is far better than gambling yourself in my opinion. Risks are lower.

It's a good passive investment if the business are continue growing stronger, and with that basis the chance of gaining decent profits is possible, as we know from you mentioned casino business, Las vegas is really on top and if you manage to invest your money on their stocks the chance that you will earn will be there for you, though same with the other stocks if there's some news that will affects the business then expect that you will also see negative from your investment, it needed to have a good preparation before you deal and invest your hard earned money.

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October 04, 2022, 10:58:47 PM
 #85

I think as usual dividend paying gambling companies are more worth to invest in. I think it's definitely good idea to invest into gambling business if you are interested in their operation. I feel like casinos are too much energy consuming (especially incredible electricity consumption) but Las Vegas will always be capital of casinos in the world. Investing is far better than gambling yourself in my opinion. Risks are lower.

It's a good passive investment if the business are continue growing stronger, and with that basis the chance of gaining decent profits is possible, as we know from you mentioned casino business, Las vegas is really on top and if you manage to invest your money on their stocks the chance that you will earn will be there for you, though same with the other stocks if there's some news that will affects the business then expect that you will also see negative from your investment, it needed to have a good preparation before you deal and invest your hard earned money.
There's no such thing about perfect business which ending up on being profitable most of the time.Expect that there are times which we do experience negative and losses but what matter the most is that making the
business sustainable despite of those losses considering that its not permanent.Just make it sure that you investment is really on proper checking and handling.
Always consider and expect about negative and that is why you do really make necessary actions whenever you do see this one.
You wont really earn something if you wont really be putting up some risk or making these type of decisions.

R


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