Investing in casinos: Still a thing?

[coin-investor]

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?

Anything or any profitable platform is worth investing but you have to do due diligence especially when it comes to online casinos because although profitable the competition is very stiff in the casino industry, Bitvest has a campaign here and you know its history so it's up to you if its behavior in the gambling is worth your trust.
You have to check how they manage their reputation, their finances, and their marketing these are the three components that can make investing in casinos worth it, so far I only know Bitvest as popular and well-known I would like to leave out that are not popular in the community, you have to do your research because its not easy its not like playing in casinos with your bankroll.
They have a minimum investment and that amounts to thousands of dollars I prefer staking the casino's token like what Betfury is offering to their players it can be considered as also investing in the casino.

[ethereumhunter]

I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.

[Hispo]

I don't know how much percentage you will gets from the investment in the casino but I think you can holds your bitcoin and not investing in other places. Yes, you can invest your bitcoin in Bitvest, but I don't know how much you will gets. Rollbit, Freebitco, and Blackjack.fun can be other options. But once again, you have your risks by investing so you must realize if somehow you can't make a profit from your investment. If you ready with anything happen with your investment, you can continue searching the right casinos but if not, it's better you're not trying to invests in any casinos and just hold your bitcoin. We can only suggesting you but the final decision will be yours so be careful before you decide and make sure you research before decide.

The investor is in the end who has the final word on what is going to happen to their money.
I personally believe investing into gambling (by providing liquidity to casinos) could be a good investment if the casino is reputable and have much volume. However, the main risk comes from the jurisdiction where the casino is placed and also how the contract between investors and the casino staff is supposed to work.
In the most of those agreements, I believe invertors are legally defined to be "unsecured creditors", which means they are in pretty much an important risk if the casino shuts down or if there is some regulatory change in laws which forced the casino to close their doors permanently.
There is also an important risk on the fact Casinos can be victims of scams are very big hack attacks to their hot wallets, and I am sure (since one would be an "unsecured creditor"), the entity behind the casino won't be responsible of those losses and won't refund to investors.

That is only a little sample on the things one is supposed to be aware and read about before investing in casinos. It is like investing in any other venture, one needs to do ones's own research before jumping in.

[Wapfika]

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?

Investing on casino is just like staking your Bitcoin to DeFi since it leaves to your wallet. I’d rather choose to invest on DeFi that gives passive income rather than in a casino that offers investment since most of the reputable casino doesn’t have investment feature because they are backed by private company that fund them.

Blackjack.fun still offers investment through their Ninja Investment program that offers 15%. But I can’t guaranteed that they will keep running forever but they are the closest to trusted casino here that offer investment.

[Queentoshi]

Is it a bad investment?

It may not be a bad investment but before you consider this kind of investment make sure that you have properly invested in other more reliable things like Bitcoin which is widely preached here because something with investing in a casino is that the future is never really as reliable for it as you can consider for Bitcoin. Say in the next 10 years or 20 years many of these casinos will not be in existence but it is possible to imagine the Bitcoin still being in existence by then even stronger than it is currently. Before you invest in a casino, invest in bitcoins.

[dimonstration]

I think freebitco.in also has an investment thing. I always receive their e-mail about it but I don't have any balance in my account there. You can check it out if you want. Just press the signature space of any forum member who is wearing it and you will be redirected to their legitimate site. Just for added security so you will avoid phishing.

AFAIK they don’t have direct investment using Bitcoin but they have utility token $FUN token which is equivalent on investing to their casino since they provide special privileges to all the holders that related to the casino.

Casino utility token is now the new form for casino investment. Other casino have utility tokens that is running for long time are Betfury(BFG) and Bitkong(Kong). The only downside on this investment was the price keep decreasing due to the team reserve token that automatically liquidated when they needed the funds but the APR for staking is good that might compensate this slowly price decrease in long run.

[Crypto Library]

Is it still work to invest in this way?  I don't think any reputable casinos take bankroll investments anymore. Moreover, I think that this type of investment is currently only keeping open on new casinos  and in this case I think that this type of investment is now very risky which can lead you to a lot of ponzi schemes or scams. I think for the long term, if one is investing in bitcoins, one should follow the strategy of selling those investments through holdings in a decentralized wallet. And currently, the type of investment you want to make may be offered by casinos through their own utility tokens. And I think it is not good investment for long term.

[PX-Z]

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?

Bustadice investments works like a ponzi scheme, everytime there's a new investor joining the pool, the existing investors got profit from the X percentage of your investment, while the share of profit in % when some users losses are the same, so the first investors always get the advantage.
I have tried to invest in cryptogames also before, so far all of those investments are ++ in profit, but it takes at least several months before it happen or simply a long term investment.

In today's known casinos, i don't think there are still offering investments as i didn't see any of them now.

[Maus0728]

Now that I've think about it, I've taken a liking to doing some of that back then, it's definitely bankroll investment, I mean I've got some prizes for the art contests and I don't have much stuff to spend that prize on, if I recall correctly how it works, the money that you put in would become part of the circulating prize money for the casino and depending on the turnout for that day, you'd either get some gains or losses, I remember there's a guy that used to do this and it's been pointed out by @btc_angela already @Helena Yu got the best and simple explanation for how it works. You say that you've got some good amount of bitcoin already that you don't mind spending on that and I got to say, I encourage you to invest in it now because there's no way that the house loses and you really don't need to go look for any other website for long, you can start exploring the one in your signature campaign, ask the right person how the investment in Bitvest works, you're not going to be disappointed. It's kind of weird that the hype around this investment died down though like what happened? I'm curious too, did the long hiatus of Bitvest lead to this as they're a pretty big campaign back then when this was a big deal too.

[killerfrost]

Remember those wild days of "bankroll investing" in online casinos? Yeah, those seem to have gone the way of the dodo bird. No one's quite sure why, but stricter regulations, lack of control for casinos, and the rise of fancy VC firms probably played a part.

These days, gambling platforms are all about the VC route. Think of VCs like casino sharks, circling for the juiciest investment opportunities. They offer structured deals with clear terms, which is a far cry from the free-for-all of the old bankroll days.

Cryptocurrency has also thrown a wrench into the mix. New platforms built on blockchain tech are catering to a whole new crowd and naturally, they're looking to VC firms for funding, just like everyone else.

So, as for you asking about investing in platforms like BcGame or Stake? Well, unless you're a big shot investor with a fancy title, it's currently a no-go. These platforms keep their funding rounds private, limiting participation to accredited investors and institutions.

[Davidvictorson]

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 learnt how this works is that the individual would invest some amount for percentage of return monthly. Now, there is a minimum amount that one can invest and there is a lock in period usually 30days. I think this is the terms and conditions that guarantees the receipt of the monthly return and the initial capital.

I don't know casinos that have this type of offer but this is basically how it works.

Before you think of investing. Here is what should be in your checklist;

• registration of the casino
• Years in business
• Number of people investing

Lastly, if you do not understand how it works, do not get in.

[cabron]

Remember those wild days of "bankroll investing" in online casinos? Yeah, those seem to have gone the way of the dodo bird. No one's quite sure why, but stricter regulations, lack of control for casinos, and the rise of fancy VC firms probably played a part.

These days, gambling platforms are all about the VC route. Think of VCs like casino sharks, circling for the juiciest investment opportunities. They offer structured deals with clear terms, which is a far cry from the free-for-all of the old bankroll days.

Cryptocurrency has also thrown a wrench into the mix. New platforms built on blockchain tech are catering to a whole new crowd and naturally, they're looking to VC firms for funding, just like everyone else.

So, as for you asking about investing in platforms like BcGame or Stake? Well, unless you're a big shot investor with a fancy title, it's currently a no-go. These platforms keep their funding rounds private, limiting participation to accredited investors and institutions.

Like Drake?  I'm not really aware if he invests in Stake bankrolll but I kinda feel like he does when you say they keep their funding private. Those guys must have invested a huge amount of money for the casino to keep running. And because Stake is such a huge casino with millions of users most likely, a bankroll investor would be making money without having to worry about paying huge taxes.

I have not seen someone discussing their bankroll investment these days in the forum, there used to be users who could join into those investments with their data posted in here but most probably they are now excluded because of those big-shot investors.

[dothebeats]

It used to be the hottest topic around 4 or 5 years ago. There are many casinos who offered people to invest in their bankroll. There are days when your investment drops when a whale beats the hell out of the casino, and there are times when you simply create money just because almost everyone had a bad day. It's very volatile, and I would even go so far as to say that it's as volatile as cryptocurrency's price movements. I don't know if there are still some casinos that offer investing on their bankrolls directly without going through a token that they own, but if there is, I'm pretty sure it's a direct invite and not public access anymore.

Tokens from casinos seem to be the easiest way for you to invest in their bankroll, but those tokens are being traded too so you're basically just 'funding' them and the movement of your investments depend on a separate market and not necessarily what happens inside the casino.

[goaldigger]

there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable

Definitely, it’s just a matter of your own analysis and of course your risk apetite.
If you think you can be profitable with this kind of investment and want to diversify, then why not?
Just invest on a good casinos today which offers a great service and with a great volume of gamblers, also have the liquidity but if you don’t want to worry that much better to stick with BTC and the top altcoins.

[stomachgrowls]

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?

If i were to choose in between Bitvest and Bustabit/BUstadice then i would definitely choose option two. Why? You would really be able to see their difference when it comes to the players online or who do
play into these sites,plus we've seen already on how profitable into those investors that have sided up with the house. We do know that house do always win at the end on which it would really be that understandable
on where you would really be taking you sides in. IF you do have some Bitcoin or any fund that you could really be able to invest then it would really be that your choice.

The only thing that you should really be baring up into your mind is that we do know that in every business there's always accompanied risks. Even though we do know that
house do always win at the end on which there would really be still those chances that you could be able to have some negative % share in month due to some
huge winnings by some players etc...

[Natsuu]

It used to be the hottest topic around 4 or 5 years ago. There are many casinos who offered people to invest in their bankroll. There are days when your investment drops when a whale beats the hell out of the casino, and there are times when you simply create money just because almost everyone had a bad day. It's very volatile, and I would even go so far as to say that it's as volatile as cryptocurrency's price movements. I don't know if there are still some casinos that offer investing on their bankrolls directly without going through a token that they own, but if there is, I'm pretty sure it's a direct invite and not public access anymore.

Tokens from casinos seem to be the easiest way for you to invest in their bankroll, but those tokens are being traded too so you're basically just 'funding' them and the movement of your investments depend on a separate market and not necessarily what happens inside the casino.

Oh right. Investing in casino bankrolls can happen in two ways either you're directly putting money into the casino's ups and downs or you're dealing with tokens that have a life of their own. In the past, direct investment was more common but now it might need a VIP invite. With tokens, it's like you're playing in two markets  and its the casino's wins and the token trading scene. Both have their quirks but no matter what diving into this world needs some serious research and a good grasp of the risks involved. Keep it real and watch out for the wild ride

[Jating]

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.

No, I'm not talking about a gambling token, what part did I say that I would be investing any altcoins? I clearly said I have a hefty amount of bitcoin right? I'm talking about investing my bitcoin in their pot money or something like that where my investment contributes to the growth of the jackpot. I'm not talking about feelings or what I want to feel, I'm asking what it is and if it's still a thing. To ease your mind, yes, I still do DCA even though I plan to invest my bitcoin to a casino, that's why I've got a hefty amount of bitcoin in my possession, it's because I DCA.

~

But if you look at it, yeah we haven't been hearing about it for the last 5 years or so. I remember way back 2018-2019, it was one of the hottest topic, there were even one member here who updated it weekly or monthly to see if he is making profit or not.

There are few casinos that have their own token if I'm not mistaken, like BFG for BetFury and OWL for OwlGames. However, not sure if they are still are still offering or not.

So for me, it's not longer the hype that we have like years ago but maybe there are still some offers from reputable casinos still in existence.

Thanks for the redirect to the recent threads, appreciate that. That's why I've created this topic, because I suddenly remembered that too besides the Bitvest curious visit part, I do remember that user doing updates, I forgot the name. It's called bankroll investment right? Man I really hope that I can find some that still do this, been wanting to do this for a long time, I've read about that topic and it's really an awesome returns that he's getting. What caused the hype to die down though? I don't get why that can happen on something that can make you some money right?

You two might have been talking about @Yatsan's investment here: GAMBLING SITE INVESTMENT.

[Belarge]

there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable

Casinos are safe to invest on but also risky because it's no way we'll be earning without depositing our initial capital. Becoming a profitable gambler comes with a price which I'm pretty sure none of us are ready to do what it takes. It doesn't require hardwork but it do deserves is formulated legit strategy to enforce the good ratings of the system. Investment are legitimate as long as we're on the good line of planning. Ensure you calculate the risks because everyone can't belong to one particular sector of the system. We gamble because we're hunger for profits, there's a whole of things to learn concerning the system, ofcourse none of us will welcome the idea of losses.

[arjunmujay]

there's nothing wrong with investing, whether it's in bitcoin itself or with an altcoin of a technology.
Likewise with investing in a casino. As long as you choose the right casino and can really give you benefits, why not.
Instead of gambling and just hoping for luck, wouldn't it be better if you became an investor in the casino. and it's definitely profitable

Definitely, it’s just a matter of your own analysis and of course your risk apetite.
If you think you can be profitable with this kind of investment and want to diversify, then why not?
Just invest on a good casinos today which offers a great service and with a great volume of gamblers, also have the liquidity but if you don’t want to worry that much better to stick with BTC and the top altcoins.

totally agree with this. nothing beats investing in bitcoin and ethereum.
it becomes the main portfolio and will never change. only small altcoins change according to what is trending in the crypto world. So even if other altcoins are slumping, our portfolio will remain safe because it is supported by these two coin giants.

come back again, because this is a gambling thread. I think because there are so many gambling fans, both from crypto activists themselves, as well as from the general public. So in my opinion it is quite good for investing in gambling coins.

[Volimack]

Investing in gambling coins is good but you have to choose the right casino. As far as I know not all casinos are worth the investment. Casinos seem safe but there are risks involved in investing. Gamblers play casino for profit but no one can always maintain the streak of loss. Many times things go out of plan. You can choose good altcoins that don't go with bitcoin to invest in casino. Bitcoin investment is more profitable and safe.