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Author Topic: Investing in casinos: Still a thing?  (Read 800 times)
TheUltraElite
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March 22, 2024, 01:46:25 PM
 #81

In current times, I believe that no casino is in need of money from investors to sustain its operations.
Nowadays casinos are a very good source of income for owners, so "third party investment" is something that practically no longer exists.
Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.

There is also bitvest, but my personal experience has been poor there.

I would love to see more casinos rediscover this now diminishing trend. There are users here who want to be the casino rather than lose money playing on it.

R


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March 22, 2024, 02:01:44 PM
 #82

Therefore, before you go any further to start investing in a particular casino platform, try to reconsider the risks you will face.

AFAIK, Investing on casino platform(Casino that run for a long time with regular gamblers)  is much better than defi and other investment scheme available on crypto because at has an actual product that can generate profit unlike others that is just relying to others investment money to redistribute to other investors AKA ponzi scheme.

There’s still some decent casino that offers high confidence of investment. You just need to check the casino background itself to make your investment worth it.
Big casinos don't need retail investors anymore as they already have big partners where they can easily get the money.
It's actually hard to invest on the top casinos as they require certain amount for you to be considered as an investment directly on their company. Though if you know a casino who have their own coin, then you might consider it but of course you still need to analyze and know the risk because top casinos doesn't guarantee an easy profit at all because anything can happen in crypto market.

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March 22, 2024, 02:41:23 PM
 #83

I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.

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March 22, 2024, 03:22:39 PM
 #84

Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.
Seems like Freebitco.in is the most trusted, their sites has been established since 2013, it's already a decade. Although their casino wasn't exist since 2013, but at least they have a good credibility.

I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
It's different, if you leave your coins in vault, you're not gain anything.

While invest in casino bankroll, you have a chance to grow your capital, at the same time you can loss if the casino didn't earn money.

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March 22, 2024, 04:50:30 PM
 #85

Please read before you comment, Bustabit and Bustadice and former Moneypot all allowed investments from players. The first two are running well and Moneypot decided to stop after its owner Leomedina took over the first two. Freebitco.in is also another site that has an investment scheme giving a fixed 4.08% per annum and 30k sats minimum investment without any withdrawal limits.
Seems like Freebitco.in is the most trusted, their sites has been established since 2013, it's already a decade. Although their casino wasn't exist since 2013, but at least they have a good credibility.

I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
It's different, if you leave your coins in vault, you're not gain anything.

While invest in casino bankroll, you have a chance to grow your capital, at the same time you can loss if the casino didn't earn money.

There is a certain thing which catches my attention about Freebitcoin in particular, you know. When I first entered that casino when I was very new into Bitcoin and Cryptocurrency in general I started to read about them in their "About Us" section. If I recall correctly, they claimed they were able to sustain their activities because they did not only profited off gambling, but also they appeared to have some Bitcoin mining operations/facilities.
If that is true, then it would be the only Bitcoin casino I have come across which does not only focus on games and betting, but also diversify their status through the mining of Bitcoin.
Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.

But to each their own, I guess. As long as they stay in the green, they would have no reason to change something which is not broken in the eyes of their gamblers.  Tongue

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March 22, 2024, 10:40:05 PM
 #86

Of course it's still a thing but not that much profitable. Bivest kinda does it still, and bustabit too.

But the traffic these type of sites are getting is a bit on a downtrend given that most of the budget for gambling promotion goes to the more modern type of casino, with slots from certain providers and many live games from Evolution, Fantasma Games etc...

Overall I think the investment-based casinos are kind of in the decline. Private capital has been taking over, making games more flashy and marketable. And sponsorships keep pushing these types of casinos to wider and wider audiences so it leads to a cycle of these casinos creating even more games, even more promotion and capturing an even bigger part of the audience in the end.

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March 22, 2024, 11:42:32 PM
 #87

~
I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
Keeping investment funds separate from gambling activities aligns with sound financial management principles. Maintaining separate storage for investment funds and gambling assets is a thoughtful approach to financial planning and risk management. Mixing investment funds with gambling introduces unnecessary risk, because the volatility and unpredictability of gambling outcomes can jeopardize long-term financial goals. Keeping these funds separate can maintain greater control over your investment strategy and minimize exposure to speculative ventures.

Safeguarding the assets in a private wallet is a commitment to personal responsibility and financial autonomy. It ensures that you retain full control over your funds without relying on third-party intermediaries, it also reduces the risk of potential mishaps or mismanagement. In investment, meticulous attention to detail is paramount for success. Even seemingly insignificant factors can have significant implications for portfolio performance. Utilizing features like the Vault in platforms such as Stake may offer convenience, but it should weigh the trade-offs carefully.

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March 23, 2024, 12:48:13 AM
 #88

I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.

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April 04, 2024, 01:47:35 PM
 #89

Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.
When it comes to investment schemes, none of the new casinos allow it. Previous casinos back in the day like YOLOdice, Just-dice and so on where accepting investments and were very much engaged in the community here for getting investors. Those days are gone now and most casinos only have their owners investing and not opening to public. Hence the ones who still accept will be a bit outdated - old is gold here.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
They are accepting like always.

And I closed my investment in bitvest in 3months, I dont what they are doing wrong, but I seem to be giving away more than what I am making there.

R


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April 06, 2024, 12:10:55 PM
 #90

I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.
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April 06, 2024, 12:31:26 PM
 #91

I've been wanting to increase the number of my long-term crypto investments for a while now and I've already got like a good amount of BTC that I can comfortably invest without pulling out and I've checked Bitvest just out of curiosity and I've seen that you can invest in their website, I think I've seen it with Bustabit and Bustadice too back then, are they still doing that or is there like a lot of new casinos that are offering this kind of thing, I can't recall how it works when you invest in them so I'm going to ask (although I feel like stupid forgetting how it works), how does it work? And are there any other trusted casinos that are offering this investment? Is it a bad investment?
I wouldn't feel so safe investing with Bitvest. LightLord isn't active and handles business bad IMO. Always paying late for sig campaign and has delays on withdrawals from the site. If they could/would improve that, then I'd feel better.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.

Bitvest I guess they are not accepting investment anymore and I also guess they are not good to spend some amount knowing that lightlord is so busy and might there will be a trouble if they are still accepting that and Lightlord is acting like weird then their are times that he's inactive.

Also on bustabit I guess they stop accepting investment anymore and they are not offering this to anyone. I also don't see any reputable casino offering investment since maybe they don't want to get a problem on that area or get a problem with government regulation. But if you ask me I don't think its good option to invest on casino since we know that the return is so low and I don't find it worth to invest. There are more better platform to roll our money an we can get more returns there if we do wise decision regarding on picking best investments for us.

R


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April 08, 2024, 05:15:11 AM
 #92


Basing up on the current condition of Bitvest then i do agree into this one on which making some investment with them is something not that ideal.Wayback where LL is still that active
and do able to handle up the company well without having no delays and being that active then thats the time we can consider out the best time to invest with the house.
We do know that house always win at the end.Although the returns arent really that something big that you could really be able to take roi after a couple of months but at least
it does really give out that kind of confidence but of course those shares would really be that big if there's no big wins that would happen on that time frame.
As for Bustabit then im not aware if they are still accepting investment nowadays, im that assuming that they had already enough investment after a long time of operation.

The situation of many casinos has Changed due to the high Competition there is , Although I don't know how it is with Bitvest alone, but according to all this it is something that can be improved, we just have to put it in better programming so that they can offer the best service I consider that investing in casinos is something that can be very easy for the common human being who always looks for the best in profits, in fact investing in a Casino is not the same as Winning , and going for something safe, playing is something else because money is Constantly at risk, so I consider that casino activities can have many aspects under which they can leave money to those who Believe in the industry and especially in the casino as such, it is each person's decision to know how they can do a Investment , some have taken the initiative to Launch their own token , which also generates a lot of Money.

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April 08, 2024, 05:24:59 AM
 #93


The situation of many casinos has Changed due to the high Competition there is , Although I don't know how it is with Bitvest alone, but according to all this it is something that can be improved, we just have to put it in better programming so that they can offer the best service I consider that investing in casinos is something that can be very easy for the common human being who always looks for the best in profits, in fact investing in a Casino is not the same as Winning , and going for something safe, playing is something else because money is Constantly at risk, so I consider that casino activities can have many aspects under which they can leave money to those who Believe in the industry and especially in the casino as such, it is each person's decision to know how they can do a Investment , some have taken the initiative to Launch their own token , which also generates a lot of Money.

As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.

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April 08, 2024, 06:33:14 AM
 #94

As for investing on bankroll on a gambling site then this isnt something that we can see everytime because most newly launched casinos are bankroll-well or have that capital that could sustain those winners
which of course there would really be max bets that been set out. Its true that investment profits arent that big as everyone is really that have in mind, they arent that good when it comes to the returns that it gives but if you do have the money which is really that not being used and have that plans on making investment then its not a bad option. It is really just that hard to find up something as of todays which i have said that most of them launched completely without any required investment from people or into the public because they could already sustain. Just like the rest been saying on here that the site i have known that offering bankroll investment is bustabit but just been mentioned that they arent that offering anymore.

Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.

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April 08, 2024, 06:45:20 AM
 #95

I think, no.

People nowadays choose to buy shitcoins or participate in airdrop instead of investing in casino/staking where you only earn small amount % every month.

Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.
Invest from very beginning isn't bankroll investment anymore, but you're actually own the company because your opinions can affect the development and improvement on the casino.

A successful casino who have bankroll investment will able to increase their brand ambassadors which make them have more money to advertise their sites and they can offer higher max amount to bet which will attract high roller.

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April 08, 2024, 08:54:09 AM
 #96

I don't like mixing investment funds and gambling, because the risks are unbearable when you really want to bet. Therefore, it makes more sense to store Bitcoin in a private wallet that does not involve any parties. It's not that I don't trust third parties, but still, in investing, even the smallest things must be really considered to stay on a safe investment path. I didn't know that there was such a feature in casinos, but like in Stake there is a feature to store coins in the Vault. However, it can easily be withdrawn back into the casino's wallet, so it will be very difficult to control long-term investment assets if they are in one container.
Gambling it self isn't investing, this should be understood first before further thinking about how to invest especially in Bitcoin on some casinos. If you really want to get on a long term investment in a casino you should not use casinos as casinos are mainly for gambling and having fun, the investment platforms these casinos offer are mostly for the short term and not the long term and should be considered as such and never to be seen as one that can be used to store coins. Storing coins for the purpose of long term investment is usually best done with storing your asset in a private wallet like you did said but away from that you may just be risking your assets.

I'd you want to invest in cryptocurrency it's best done away from the casino because that way you would be able to be sure not to mix your money with the gambling funds and you wouldn't aswell get to gamble with funds that was ment for investing .

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April 08, 2024, 11:08:24 AM
 #97

I think, no.

People nowadays choose to buy shitcoins or participate in airdrop instead of investing in casino/staking where you only earn small amount % every month.
That depends on the amount you'll invest. If you have a casino that is stable enough like duelbits or stake, and they offer a bankroll investment, I'm sure a lot of investors will still choose to invest rather than buying shitcoins, it's less risky and the return is consistent. You know, you can divide your investment from high risk to low risk and investing in a casino with a good reputation is considered as low risk investment.

You need a decent capital in order to earn a decent profit.


Before, there was an investment in bankroll that is very popular, but they only offer that if the casino is already running which is safe for us as anytime we can also divest our funds. Nowadays, if we really want to invest, we should start from the very beginning, and that is not called as bankroll investment anymore, but investing on the full operation of a business which means big money, and most of us are not illegible to that.

Why would a casino offer a bankroll investment when they already successfully run the business? We know that casino wins all the time, so they are just minimizing their potention income. Maybe before it's possible as crypto casinos aren't too popular yet, but now the market is already big and investors are already ensured with a profit.
Invest from very beginning isn't bankroll investment anymore, but you're actually own the company because your opinions can affect the development and improvement on the casino.

A successful casino who have bankroll investment will able to increase their brand ambassadors which make them have more money to advertise their sites and they can offer higher max amount to bet which will attract high roller.

No, they would only get to the public and ask to invest on their bankroll if they can't attract investors. Nowadays, if you see a casino like that, you'll have to doubt if they could sustain the business because if there business has a great potential, they can easily find a private investors that will fill the necessary amount to run a liquid casino.

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April 08, 2024, 11:30:17 AM
 #98

It's simple, if the majority of gamblers are loss, you will earn profit. But if the majority of gamblers are in profit, you will loss.

Each casino has it's own rules about the bankroll investment, some casino ask to high minimum amount, some have commission fees, so they will deduct your profit for few % when you withdraw your investment etc.

At first I will like to suggest you moved this topic to altcoin discussion section where it's best suited that here, then back to your question I have never invested in a casino token before. But if you feels they can do well for long run then what stops you from trying it out like I can see bitvest seems to be old project and I believe they have gained lot of ground over here, and If not that you said you gain lots of bitcoin I will also encourage you to keep toping your bitcoin by doing DCA.
Dude, he's talking about bankroll investment, not invest in casino token, so this thread is appropriate to be posted at gambling board.
True be told, casinos makes more money from gamblers than gamblers making money from casinos, I think that this person will be a winner if he invest in casinos that are big like stake.com for example, this kinda big casinos will always make money.

I also think that this topic is fitted more in this gambling section than alt, I know that casino tokens are also altcoins but they are related to gambling and casinos, its fine here, I have never seen any related casino token topics in altcoins discussion section.

Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.
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April 08, 2024, 12:03:47 PM
 #99

Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable. Howeve, there are investors who like to see their investment growing consistently, and it could be achievable in a casino since they are winning most of the time or in a regular basis, problem is, most profitable casinos now does not offer a bankroll investment anymore, so OP are left with no option.

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April 08, 2024, 12:09:59 PM
Last edit: April 08, 2024, 03:19:33 PM by mindrust
 #100

Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand  Bitcoin more than any other thing.
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable. Howeve, there are investors who like to see their investment growing consistently, and it could be achievable in a casino since they are winning most of the time or in a regular basis, problem is, most profitable casinos now does not offer a bankroll investment anymore, so OP are left with no option.

There are a few options actually. One of them is freebitco.in which offers 4% flat annual rate. They are not sharing their exact profits with you but it is close enough. 4% annual returns on bitcoin is pretty unbeatable as a passive investment.

The other choice is blackjack.fun. I see that they let you stake your coins on their platform but I haven't tried that one out yet and it is a fairly new casino. (correction: I see they have been around since 2018) I'll probably try it out as soon as I get some sats from their campaign and report the results here.

Eearn with blackjack.fun by staking your coins. Instead of just keeping your funds on your wallet, make them work for you. You can join instantly and leave whenever you want. Rewards are distributed every hour.
This offer is limited to 20 BTC. Once the cap is reached, new players wont be able to join.

What is the concept about?

It has been our ideology from the beginning that we want to build this platform around our community. After a few ideas, we managed to create this concept, where any player can stake their wallet for an undeterminet period of time, and gain a constant flow of crypto based on the amount staked.
How it works?

To stake the amount you desire, all you need to do is to select the type of coin and then select the unit. After that you will see the amounts of returns calculated for your input. You press the “ Stake my coins” button and thats it. Every hour you will recieve back a percentage of the amount you entered. The bigger the amount the better the return. You can check the status of your investments by accesign the activity dashboard. In the investments tab you can see the invested coins and the option to disconnect from staking. In the “Earnings” tab you can see real time the income based on hours, days, and months.
Risk free investment

Yes, that is right! Your coins will not be active on the casino pool, hence they are protected from any form of danger.

It says it is risk-free but they only need 20 btc...

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