sunsilk
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February 05, 2024, 09:58:27 AM |
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I've seen that type of personal bankroll where friends and relatives and friends of friends are likely got that type of offer. I'd say that I've seen most of them that didn't go well and likely ended as a scam. I don't want that to happen to you or to anyone OP. If it's being offered by an individual, much better if you go ahead and invest it to the actual casinos that has it than to any person. Investors involved in this type of investment may need a good grasp of regulations and security, so it may take a while before making a decision.
The risk there and it's certainly high and that's why it's better to take risk that you know and calculated than to something like this.
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2024, 02:55:27 PM |
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Investors involved in this type of investment may need a good grasp of regulations and security, so it may take a while before making a decision.
Although the OP's suggestion to mitigate interest risk and offer an alternative for individuals susceptible to gambling appears wise, it is important to acknowledge the existence of potential risks. One such risk is dependency on investments, which can lead to considerable financial distress when managing personal finances.
Before fully involving ourselves in this kind of scheme, it is important for us to consider the financial implications and other important matters, conduct thorough research first, and involve the applicable regulations.
Most people will not study or try to understand the rules or security of the site and immediately register themselves. They are trapped by an offer that is too good to be true, so they are willing to use the money to start investing. But many also want to test the validity of their sites with the money they can afford, knowing that such sites can disappear quickly and take all their investors' money with them. Every investor really needs to investigate everything about the investment program before they join and deposit their money. If not, they will only experience fraud, which will make them disappointed because they have lost their money. Instead of risking losing money on the investment site, they are better off holding their bitcoins in their wallet and just waiting for the price of bitcoin to rise so they can sell their bitcoins at the next highest price. It will definitely provide maximum benefits for them.
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macson
Full Member
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PredX - AI-Powered Prediction Market
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February 05, 2024, 03:11:34 PM |
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anything related to gambling cannot be said to be an investment because no one can predict how the gambling will end. For example, when someone invests $100 USD of their money in you with the expectation that later they will get a profit if your gambling is profitable. but unfortunately you are losing in a row, which means that apart from losing you need to return the money that people have lent you, and this is quite risky because the possibility that you will go bankrupt is very high. So this idea probably won't work because the risk is quite high and you also can't be sure whether you can keep winning or not.
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Z_MBFM
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February 05, 2024, 03:21:44 PM |
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anything related to gambling cannot be said to be an investment because no one can predict how the gambling will end. For example, when someone invests $100 USD of their money in you with the expectation that later they will get a profit if your gambling is profitable. but unfortunately you are losing in a row, which means that apart from losing you need to return the money that people have lent you, and this is quite risky because the possibility that you will go bankrupt is very high. So this idea probably won't work because the risk is quite high and you also can't be sure whether you can keep winning or not.
I totally agree with you because gambling is just a fun thing. And the money deposited here is just for fun so even if we lose it, it doesn't bother us too much because we deposit there only what we can afford to lose. So using money for anything gambling related can never be considered as an investment. Investment is where you have high chances of profit and not quick results like gambling. Depositing money into gambling or the gambling related sector can be considered an investment by those who gamble for income.
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Jawhead999
Legendary
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Activity: 1750
Merit: 1189
DGbet.fun - Crypto Sportsbook
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February 05, 2024, 03:21:49 PM |
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anything related to gambling cannot be said to be an investment because no one can predict how the gambling will end. For example, when someone invests $100 USD of their money in you with the expectation that later they will get a profit if your gambling is profitable. but unfortunately you are losing in a row, which means that apart from losing you need to return the money that people have lent you, and this is quite risky because the possibility that you will go bankrupt is very high. So this idea probably won't work because the risk is quite high and you also can't be sure whether you can keep winning or not.
Nope, you're not going to bankrupt because your friends can't report you to police for lent 100 bucks as long as you didn't sign your signature on a legitimate documents. You have a choice to run and avoid to interact with your friends, but you're lose your friends and you have no moral. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I don't want that to happen to you or to anyone OP. If it's being offered by an individual, much better if you go ahead and invest it to the actual casinos that has it than to any person.
Private investment is really risky and suspicious, just choose to invest in a transparent project even though you might not able to earn as much as the early investor.
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Westinhome
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2024, 03:34:25 PM |
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Most people will not study or try to understand the rules or security of the site and immediately register themselves. They are trapped by an offer that is too good to be true, so they are willing to use the money to start investing. But many also want to test the validity of their sites with the money they can afford, knowing that such sites can disappear quickly and take all their investors' money with them. Every investor really needs to investigate everything about the investment program before they join and deposit their money. If not, they will only experience fraud, which will make them disappointed because they have lost their money. Instead of risking losing money on the investment site, they are better off holding their bitcoins in their wallet and just waiting for the price of bitcoin to rise so they can sell their bitcoins at the next highest price. It will definitely provide maximum benefits for them.
The gambler should spend some time to read the rules of the gambling site,they also spend some time to learn the game.This two are the important one for the gambler to make the money in the gambling site.Many gambling site will provide the offer to the gamblers to register to their site.Most of the gambling site will provide the bonus based on the deposit money.Most of the gambling site will give bonus to many deposit money to the gambling site.Only few gambling sites will provide the bonus for the first deposit money.The gamblers had all right to investigate the gambling sites which was going to use by the gambler.
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Beparanf
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2024, 03:51:50 PM |
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Most people will not study or try to understand the rules or security of the site and immediately register themselves. They are trapped by an offer that is too good to be true, so they are willing to use the money to start investing. But many also want to test the validity of their sites with the money they can afford, knowing that such sites can disappear quickly and take all their investors' money with them. Every investor really needs to investigate everything about the investment program before they join and deposit their money. If not, they will only experience fraud, which will make them disappointed because they have lost their money. Instead of risking losing money on the investment site, they are better off holding their bitcoins in their wallet and just waiting for the price of bitcoin to rise so they can sell their bitcoins at the next highest price. It will definitely provide maximum benefits for them.
The gambler should spend some time to read the rules of the gambling site,they also spend some time to learn the game.This two are the important one for the gambler to make the money in the gambling site.Many gambling site will provide the offer to the gamblers to register to their site.Most of the gambling site will provide the bonus based on the deposit money.Most of the gambling site will give bonus to many deposit money to the gambling site.Only few gambling sites will provide the bonus for the first deposit money.The gamblers had all right to investigate the gambling sites which was going to use by the gambler. I’m confused on what you guys discussing here or how your post even related to the topic here. Both of your post looks like just paraphrased by an app since it has the same thought if I examine carefully what you are saying. Although not my business but you should be careful on your post because you might be accused of something such using an AI tool. Answering what you are talking. It’s normal for gamblers to try bonuses since it’s an extra balance that you can use for your bankroll while you are just doing gambling as requirements to claim it which is your initial goal when you are gambling.
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darkangel11
Legendary
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Don't let others control your BTC -> self custody
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February 05, 2024, 04:34:25 PM |
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I'd never do it. Not your keys not your bitcoin. There's a couple red flags in such investment. First of all it's a high risk because the gambler, or the loan provider can go bankrupt and these loan providers drop like flies. Just look at what happened to BlockFi and this was a big company that wasn't (as far as I know) involved in gambling, just loans. Then there's a problem of safety. It's still a platform and these companies get scammed from time to time, like Bitfinex was and many other companies in the crypto space. How can you be sure that the coins will still be there when you need to withdraw? Last but not least, scams. I'd expect that if this thing ever becomes popular half of the companies will be scams just because it's a very risky business. Their clients will lose money gambling and go bankrupt and you as the service provider will have to sue them and chase them around to get some money back.
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AmoreJaz
Legendary
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Leading Crypto Sports Betting & Casino Platform
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February 05, 2024, 04:42:48 PM |
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I'd never do it. Not your keys not your bitcoin. There's a couple red flags in such investment. First of all it's a high risk because the gambler, or the loan provider can go bankrupt and these loan providers drop like flies. Just look at what happened to BlockFi and this was a big company that wasn't (as far as I know) involved in gambling, just loans. Then there's a problem of safety. It's still a platform and these companies get scammed from time to time, like Bitfinex was and many other companies in the crypto space. How can you be sure that the coins will still be there when you need to withdraw? Last but not least, scams. I'd expect that if this thing ever becomes popular half of the companies will be scams just because it's a very risky business. Their clients will lose money gambling and go bankrupt and you as the service provider will have to sue them and chase them around to get some money back.
such concept would really have a lot of red flags even if we say, the platform will be managed by a reputable team or members. for one, you are dealing with gamblers. and to what extent do you think they will respect your arrangement especially if they have no funds to pay off their debts? even if there is no interest, would be hard to get it from them if they have no other means of paying their loan. this is why, i highly believe that this kind of endeavour won't last because the customers on this service are not really to be trusted. hard to find such gamblers who will gonna respect your arrangements with them thru and thru. as you said, chasing them or suing your clients is another story or headache. so do you really want to go thru in this journey? do remember, gamblers are gamblers and you will only encounter few gamblers that will keep their word especially in this digital age where you are only relying on their trustworthiness based on their username and not their real name. even big companies can go bankrupt because of the customers not paying their dues. how can you embark on such investment path without a clear assurance that you can get what your clients owed to you?
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killerfrost
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2024, 04:44:05 PM |
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Gambling loans! Hold onto your lucky socks, folks, this ain't your grandma's loan offer. Instead of coughing up interest, you're basically saying, "Hey, wanna gamble with my money? If you win, we split the profits, but if you lose, you just gotta give me my dough back." Sounds kinda risky, right? Like loaning your buddy 20 bucks for that claw machine that never lets go.
Now, it's not all bad luck and empty wallets. This type of loan is like a rollercoaster ride for your money. On one hand, you could hit the jackpot and share a sweet pile of cash. On the other, your loan might vanish faster than a magician's rabbit.
This ain't for everyone. If you crave guaranteed returns like clockwork, stick to your boring old interest-bearing loans. But if you're feeling adventurous and have faith in your borrower's gambling skills, then maybe it's worth a shot. Just remember, do your research, set clear rules, and be prepared for some serious ups and downs.
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Oilacris
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February 05, 2024, 05:21:39 PM |
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I'd never do it. Not your keys not your bitcoin. There's a couple red flags in such investment. First of all it's a high risk because the gambler, or the loan provider can go bankrupt and these loan providers drop like flies. Just look at what happened to BlockFi and this was a big company that wasn't (as far as I know) involved in gambling, just loans. Then there's a problem of safety. It's still a platform and these companies get scammed from time to time, like Bitfinex was and many other companies in the crypto space. How can you be sure that the coins will still be there when you need to withdraw? Last but not least, scams. I'd expect that if this thing ever becomes popular half of the companies will be scams just because it's a very risky business. Their clients will lose money gambling and go bankrupt and you as the service provider will have to sue them and chase them around to get some money back.
Or shall we say that we dont have the trust or confidence into someone on where we do pass our funds with. If we are really just that thinking about making some bets. Then why would really be needing for us to send out our funds to other people. What for? If we could really be just that able to make our bets on our own without worrying that you would be losing those funds instead. Well, when it comes to winning then i might prefer on losing my funds with my own hands rather than on losing into someones. I dont know on which it doesnt really give out that kind of good feeling if you are really that entrusting your funds into other people and make bets into it.
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Samlucky O
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February 06, 2024, 08:41:15 AM |
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First of all, I really hate loaning for gambling because of the interest and repayment date of the loan so I think about a better way on how to borrow money without paying interest just to fulfill gambling.
There is no point searching for place to take loan wether with interest or not. because gambling is a 50/50 chance game. Which implies that either you win or loose. There is no guarantee that you will gain some pretty amount after loss, maybe if you loose you will be refunded %50 otherwise I would have said you should go for it. But since the loss has no guarantee, there is no point because if their is loss on the game you will have to pay the loan amount with interest after you have lost. So it's better not to play when you dont have fund than think of taking loan to play game.
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sunsilk
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February 06, 2024, 10:37:31 AM |
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I don't want that to happen to you or to anyone OP. If it's being offered by an individual, much better if you go ahead and invest it to the actual casinos that has it than to any person.
Private investment is really risky and suspicious, just choose to invest in a transparent project even though you might not able to earn as much as the early investor. That is the disadvantage when you are into private investments and you're investing into people or individuals that offers investments. And what makes it even riskier is that the money you'll be investing on that person will be used into gambling. I wouldn't do that and instead, I'll be the one to gamble my money so that there won't be any regret or problem if ever I lose the money. It's harder to see my money go away with someone that I have trusted and then it has lost money.
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2024, 03:13:31 PM |
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~snip~
The gambler should spend some time to read the rules of the gambling site,they also spend some time to learn the game.This two are the important one for the gambler to make the money in the gambling site.Many gambling site will provide the offer to the gamblers to register to their site.Most of the gambling site will provide the bonus based on the deposit money.Most of the gambling site will give bonus to many deposit money to the gambling site.Only few gambling sites will provide the bonus for the first deposit money.The gamblers had all right to investigate the gambling sites which was going to use by the gambler. However, every gambler must understand the rules in each casino because that is the only thing we can do to avoid problems. Often, the problem arises when they want to withdraw their money, and it turns out that there are several conditions that they have not fulfilled, so there is a delay made by the casino until the gamblers can fulfil the applicable conditions. Many casinos will give bonuses, but before we take the bonus, we have to make sure what the terms and conditions apply to the bonus and estimate whether we can fulfil them or just pass without taking the bonus. Gamblers must be able to check and confirm the casino first before registering and always read the terms and conditions at the casino. After they understand everything, then they register or look for other casinos they want.
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moneystery
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PredX - AI-Powered Prediction Market
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February 06, 2024, 03:22:36 PM |
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i wouldn't want to invest in something as risky as that even though it looks like a pretty good deal where we only need to invest and get a profit if we win, and we still get a refund even if the gambler loses. but gambling is a risky thing and the possibility of winning is very low, and investing in a gambler's bankroll is the same as engaging in risky gambling, you cannot be sure that whether the investment will run smoothly because it is possible that the gambler ran away when he went bankrupt even though he was a reputable user.
it is much better for me to invest my money in bitcoin, because it is lower risk, than getting involved with such investments.
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rojan
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Vave.com - Crypto Casino
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February 06, 2024, 03:34:14 PM |
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I totally agree with you because gambling is just a fun thing. And the money deposited here is just for fun so even if we lose it, it doesn't bother us too much because we deposit there only what we can afford to lose. So using money for anything gambling related can never be considered as an investment. Investment is where you have high chances of profit and not quick results like gambling. Depositing money into gambling or the gambling related sector can be considered an investment by those who gamble for income.
From here we can enjoy the pleasure of gambling. But if we think of making money by gambling it is not right for us because it is very difficult to keep the money after making money by gambling. While gambling we should gamble with small amount of money. Starting. Sometime we start gambling with big amount of money which is not right. Gambling should be started with fixed amount for gambling and I like to gamble regularly every week. Love to waste extra time behind gambling i don't
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dothebeats
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February 06, 2024, 03:56:31 PM |
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I'd personally go to the banks since there are guarantees that they will be returning my funds if worse comes to worst, and especially since they insure deposits up to a certain amount. Also, they offer flexible investment terms so I'd choose that as wdll. It's hard to trust random internet people offering investment schemes that don't have any guarantee to work IMO. No matter the hypothetical situation, I'll choose to be safe.
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rojan
Sr. Member
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Vave.com - Crypto Casino
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February 08, 2024, 02:50:15 PM |
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If a gambler is coming to collect or borrow money from your hand and use it to play gambling they would not tell you that they want to use it to play gamble but will deceive you to collect it and go and play the gamble and loss it to the casinos. But bankroll investment is good because it helps you to plan well to win and make profit. Though gambling is unpredictable because nobody knows whether you will win or not.
I have some friends who ever ask me to borrow money for gambling, I never lend them money because I know they will never ask to pay back if they borrow money and lose. Yes. I think many friends are made for money and it doesn't take time to lose friendships because of money. There will be no problem if you lend money to friends in times of danger.
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wiss19
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February 09, 2024, 06:11:24 PM |
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I've never done a bankroll investment before so I don't know how it works, but what OP suggested isn't a risky way as long as the person collecting investments is trusted or there is a way for them to provide some security for the investors because he is saying that if the investment is lost, he will repay the amount in full and if he manages to win something with it, the investor gets a share of the profits because of the investment.
So, as said by some other users, I wouldn't mind testing it out with an amount that I can afford to lose even if it won't be lost based on OP's promise, but only if I'm sure that the guy collecting investments is completely trusted and we get to see and experience how he gambles with the money to also enjoy the adventure and see how it works.
You don't need to try it to know how it works but there are always search engines that you can use to learn it and by only reading its name " Bankroll Investment " one might already know what it is all about. There is a risk in any thing, most especially in investing. Anyone can be trusted at first and they can make promises easily but there is no assurance that they can remain like that or it will be followed strictly. A lot of people and company are like that before just in case you don't know. I'm not saying they are one of it but there is only a possibility, so we must be careful and always stay vigilant just in case we already accepted their offer.
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South Park
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February 09, 2024, 08:50:26 PM |
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If a gambler is coming to collect or borrow money from your hand and use it to play gambling they would not tell you that they want to use it to play gamble but will deceive you to collect it and go and play the gamble and loss it to the casinos. But bankroll investment is good because it helps you to plan well to win and make profit. Though gambling is unpredictable because nobody knows whether you will win or not.
I have some friends who ever ask me to borrow money for gambling, I never lend them money because I know they will never ask to pay back if they borrow money and lose. Yes. I think many friends are made for money and it doesn't take time to lose friendships because of money. There will be no problem if you lend money to friends in times of danger. Lending money to a friend is always a problem, because if you do so and they do not pay you back, and you ask them about when you can expect to receive their payment they will get offended by the question, as many of those friends expect that you will simply forget about the debt they have with you and some of them may even have the guts to ask you more money, so unless that money is supposed to be used for an emergency I avoid lending money to a friend.
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