Are people still interested in bankroll investment ?

[8ombard]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

[swogerino]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

I don't know if I got the question right but I think you are asking to invest your balance in some casino which offer to give you something in return.Unfortunately very few casinos offer such a service now and this must be because of people not being that much interested anymore in such option.

If you want to increase your bankroll there are wallets who offer you staking to your coins and there is no time amount in some of such wallets.

[PytagoraZ]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

Do you mean investing in a casino bankroll? I've never done it before and I think it requires a large amount of capital to invest in a casino bankroll and like any investment, there are risks involved, such as losses or even having the money taken away by the casino. But I don't understand why you think investing in a casino bankroll is another way to hold bitcoin? if we hold bitcoin then we only need to keep our bitcoin, there is no risk in it as long as we can store it safely, the risk is only if there is a decline in the price of bitcoin but the amount we hold will remain the same

[Hirose UK]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

Investing assets, especially Bitcoin, which is very valuable crypto asset, into casino bankroll is not recommended, especially in large amounts, the risk is much more likely to occur.
The first risk is the risk of hacking which endangers all the Bitcoin assets we own, this will make us feel huge loss if it actually happens.
The second risk is the desire to use or spend the Bitcoin we have to bet or play and in the end we spend number of these assets just to gamble, clearly this is a failure in investing.
The final risk is that there are restrictions or difficulties if Bitcoin has high price and when you want to withdraw it, there are difficulties given by the casino such as KYC requirements or so on. But if the one used is large casino, perhaps you will be able to avoid problems like this.
Moreover, there are many personal wallets that we can use to store number of assets for the purpose of investing, this will be much safer and more reliable.

[Mr. Magkaisa]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

     -   What kind of bankroll investment are you talking about, mate? Is it from your bitcoin balance that you will deposit in a gambling account, and you will hide or hold it there? Because if yes, I don't think it's a good plan that you're thinking of.

You are the one who said that it is better to hold Bitcoin with the opportunities that are happening in the market right now. Maybe that gambling platform will cause you to think badly when you make a transaction from gambling to an exchange to your fiat currency that you will transfer to your bank account when the time comes.

[Apocollapse]

What's the difference with staking in centralized exchange? I don't see any difference since you're still risking your money.

If most people willing to submit their KYC to CEX, but not willing to submit their KYC to casino, it means they trust CEX more than casino. So I doubt a casino that offer bankroll investment will successful since not many people interested with that.

Do you mean investing in a casino bankroll? I've never done it before and I think it requires a large amount of capital to invest in a casino bankroll

Not really sure on how large is in your perspective, but the minimum to invest in crypto.games is 0.01 BTC, not really that big.

[Jating]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

Maybe there are still some investors who will want to invest on crypto based casinos. If I'm not mistaken, this the craze around 2018-2019. And there are some members who posted their investment bankroll.

This might be old though, but it can refresh our memory during that time: [Overview of all bitcoin casinos] Latest update: 14-03-19 VISIT NEW WEBSITE.

Maybe things have changed, and obviously the hype have died down already. But who knows, if we are looking to make money then crypto casino might still be effective at this time. Perhaps there are few tweaks, but the end goal is still the same, give those investors some percentage of the winnings.

[Die_empty]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

We know that many reputable casinos have built trust over the years. But it will not be wise to keep Bitcoin in casinos with the aim of hodling it for the future. Casinos are not traditionally designed to offer such services. I think it will be better to only bankroll funds that have been budgeted for betting.

The Bitcoin ecosystem has recommended means of hodling funds and anything outside these means will increase the risk of losing funds. I am not also comfortable with OP's position because it could fuel over-gambling and loss of funds not embarked for betting. Why would I opt to keep my money on a platform where I might go through some cumbersome process before withdrawing meanwhile there are far better options.

[joniboini]

I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

I believe you should differentiate long-term investment and speculation. What is your standard of "good way"? If the security of your money is in it, then speculating by moving your funds to fund some projects definitely should not be on the list. Holding your Bitcoin by nature can only be done in one way, keep it on your offline storage and store the seed carefully. If you move around your money regularly, that's just doing speculation as usual.

[Cantsay]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

I’m a bit comfused – I’ve never done this before so I find it strange that Op used “hodl bitcoin” yet others are comparing it to staking in centralized exchanges.

Can you stake your bitcoin? I know of increasing your stash of altcoin by staking for a period of time after which you’ll be reward with a percentage that was initially agreed on, but I don’t know anything about staking and bitcoin.

I’d appreciate if any of you can throw some light to it, if I’m currently misinterpreting what they Op is about.

[ethereumhunter]

Maybe what @OP meant was to keep "HODLing" our bitcoin and not use it for gambling. If that is the intention, we can use altcoins or stablecoins for gambling and don't need to use bitcoin. Usually, altcoins or stablecoins are also used by many gamblers so that they can still gamble as usual, and they can also "HODL" their bitcoins. They can profit from "HODLing" their bitcoins while they can gamble. That was the advantage they could gain if they could do both. But that doesn't guarantee they can win if they gamble. At times like this, it is better for us to "HODL" bitcoin rather than use it for gambling or other things that will reduce the amount of our bitcoin. But it will depend on each gambler because there are still gamblers who use bitcoin to gamble.

[dimonstration]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

Bankroll investment of what? Casino or players? If casino then it depends on the wager volume on the particular casino since it’s just a waste of time to invest on casino bankroll if there’s no player on it. Also there’s a high chance for casino run with investors bankroll so this kind of offer is not popular anymore unless your casino has a decent volume.

Holding Bitcoin on a non custodial wallet is still the best way to hold Bitcoin despite no passive earning as long as the holdings is 100% safe. It’s useless to have a small passive profit while there’s a risk that you will lose it all when the casino runaway.

[Fivestar4everMVP]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

This actually deserved to be asked, because from my side, I think it's been a very long time since Ive heard or read someone talking about investing in a casinos bankroll for profit sharing and so on, and personally, I think this used to be one the best ways to make guaranteed money from casinos, because if one invests in their bank roll, as long as that casino is in profit, the gambler will also be in profit.

But on the other hand though, I do not think that casinos are still interested in gamblers investing in their bankroll, since no casino I can remember talks or advertises this anymore, so, I think the proper question should be, if casinos are still interested in allowing gamblers to invest in their bankroll? For I believe that, if casinos are interested and advertise this to gamblers, then there did be so many gamblers who will be interested, as long as the casino is a reputable and well trusted one.

[Natsuu]

Well bankroll investment is like pooling money with others to ride the ups and downs of Bitcoin. It can be a way to hodl and potentially make gains. Just be careful, check out the platform thoroughly and watch out for scams in the crypto world.Its basic

[Fivestar4everMVP]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

I’m a bit comfused – I’ve never done this before so I find it strange that Op used “hodl bitcoin” yet others are comparing it to staking in centralized exchanges.

Can you stake your bitcoin? I know of increasing your stash of altcoin by staking for a period of time after which you’ll be reward with a percentage that was initially agreed on, but I don’t know anything about staking and bitcoin.

I’d appreciate if any of you can throw some light to it, if I’m currently misinterpreting what they Op is about.

Well, I think (one), you are misinterpreting what the op is saying, and (two) you can still stake your bitcoin if you are doing it in a centralized manner, for example, you can stake your bitcoin on any centralized exchanges or casinos that offer staking feature and ability to their users, the only way you can't stake your bitcoin is in a decentralized matter, since staking smart contracts are not live on bitcoin's L1 blockchain.

To understand why some users are comparing staking to bankroll investment on online gambling casinos, you have to first understand what bankroll investment is, and to try to explain it here, it simply means the ability for a player to invest some money into the casinos funds with which they settle players who won in their platform.
Gambling can be considered a game between the casino and the player, when the player wins, the casino loses, and when the player loses, the casino wins, so you as a bankroll investor, if you invested in the casinos bankroll, you kind lose money in your investment anytime the casinos loses, and you also make profit in your investment any time the casinos make profit.

This is the simplest way I can explain it so that it's clear enough for you to understand it, and I hope you do understand now.

[Text]

Perhaps others see this as a long-term approach to capitalize on potential growth. But here in the popular and reputable casinos in this forum, it seems that there is no one offering this kind of bankroll investment feature, maybe because there is not much interest in it anymore. It's also difficult to trust new casinos that offer bankroll investment, especially when the platform is not well-established. Some other casinos, utilize a staking feature using their coins or tokens. This may have replaced the traditional bankroll investment using Bitcoin.

[robelneo]

To understand why some users are comparing staking to bankroll investment on online gambling casinos, you have to first understand what bankroll investment is, and to try to explain it here, it simply means the ability for a player to invest some money into the casinos funds with which they settle players who won in their platform.
Gambling can be considered a game between the casino and the player, when the player wins, the casino loses, and when the player loses, the casino wins, so you as a bankroll investor, if you invested in the casinos bankroll, you kind lose money in your investment anytime the casinos loses, and you also make profit in your investment any time the casinos make profit.

This is the simplest way I can explain it so that it's clear enough for you to understand it, and I hope you do understand now.

A simple example: The site's bankroll is 90 BTC. You invest 10 BTC, bringing the total bankroll up to 100 BTC. A player bets 1 BTC and loses. The total bankroll is now 101 BTC. You withdraw your Bitcoin investment, and get 10.1 BTC. The site's bankroll is now 90.9 BTC.

Investing in online casinos is inherently risky and subject to loss even for extended periods of time.

https://www.mintdice.com/faq/investing#how-does-casino-investing-work

I've got to check online for us to understand this casino bankroll investment and above quote is the explanation, it looks profitable but there's also risk involved since the casino has a house edge over all their players you have a chance to profit, and we have to understand it's still gambling you could win and you could lose, be sure to fully understand how it works and be sure that if you're going to invest in a casino bankroll, invest in a casino that is transparent with a good reputation, it involves trust between you and the casino you're investing with.

[Dimitri94]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

I'm not sure what you're trying to convey in your question, but I think you may have focused on the investment aspect of a casino platform. If this is the case then I think we should get out of this kind of thinking. Because if you invest big in a casino platform, if that site is not reliable then you can lose money there. I think no casino site should make such an investment. However, it is a different story for the famous casinos platform. I never keen on such risky investments. I will only trust my own wallet to hold bitcoins. I can never expect anything good from keeping money from others wallet.

[seoincorporation]

The question is in the subject  I’m genuinely just curious if people are still interested in this because I believe it’s a good way to “HODL” your bitcoin.

If you have your bitcoins in a casino, they don't belong to you... Remember, not your keys not your coins.

I mean, is a nice way of investment, but is not the right way to hold... If the casino decides to close tomorrow and you don't notice it, then your coins will be gone forever. So, the right way to Hold is bi having your coins in your own address and save the private keys on a secure place.

[iv4n]

Well bankroll investment is like pooling money with others to ride the ups and downs of Bitcoin. It can be a way to hodl and potentially make gains. Just be careful, check out the platform thoroughly and watch out for scams in the crypto world.Its basic

It's exactly that, and we had some casinos that had done that in the past. One of the lists from many years ago:

https://bitcointalk.org/index.php?topic=1389266.msg14114671#msg14114671

In the end, it all comes down to how trustworthy a casino is. I wouldn't like to deposit and stake my coins in some new casino without some guarantees. It's one of the reasons I like dividend-based casinos, I play (or we can buy casino tokens) and earn tokens and stake them for some passive income, I don't need to risk by leaving my Bitcoin in a casino.