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Author Topic: Investing in casinos: Still a thing?  (Read 800 times)
Negotiation
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March 03, 2024, 09:04:37 AM
 #41

There are many trusted casinos that offer good deals but no one can guarantee exactly how much you will get from the casino investment. Gambling is more risky and less safe here if a casino site offers to invest it may be a scam plan. Before investing you can analyze the sites and the final decision is in your hands then the risk will be low. I think find an alternative way to avoid risk of investing in casino invest in bitcoin more reliable currency and hold bitcoin for long time you will get better results. Bitcoin investment will surely give you profit and less chance of something bad happening.
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March 03, 2024, 09:10:51 AM
 #42

Very few casinos are still offering this. Back in the days, in the times of  Just-dice many sites were allowing users to invest in their bankroll.

Casino investments are supposed to be profitable in the long run, not short run.
I myself have invested in some of these casinos previously. Cryptogames gave me a good 50%/year gains over a year - they shut down their investment feature which was disheartening.

Currently had to pull out from Moneypot too due to Leo shutting it down and moving to take over bustabit and bustadice. Moneypot gave be a good 12%/year return over a period of 4months. My investment on BAB and freebitco.in are currently running well.

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March 03, 2024, 09:49:39 AM
Last edit: March 05, 2024, 07:05:41 PM by Marvelman
 #43

Investing in crypto casinos may not be as popular now, but I think it's still possible.  The last time I used this feature was at YOLOdice casino, when it was still active.  
Freebitcoin allows it, for one. Also Bitvest.io, if I'm not mistaken.  I should look into what other casinos provide investment opportunities.


I found this old topic. I haven't checked how many of them are still active:
Ultimate list of crypto Gambling sites that offers investment in the bankroll

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March 03, 2024, 09:57:13 AM
 #44

It is not in my character to discourage people from doing what has been put in their mind to do especially in trying out new things for them, so I will say if you feel that interest to try your investment in that trajectory then go ahead, have never tried any casino's token so I can't say how they could be like in the long run but then try to do your deep research before going in with your asset.
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March 03, 2024, 10:05:23 AM
 #45

I have known this kind of investment before, like investing with the casino if the casino gains profit you will gain too, but currently, base on my experience I didnt saw a casino offering this kind of feature because it could be players more likely to do an investment only not playing gambling. But the meta or the trend now is more likely on an events, and NFT.

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March 03, 2024, 10:10:46 AM
 #46

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?
Are you saying investment in the form of buying shares in the company? I am not aware of things like that but if it exists, it will be a great opportunity because casinos seems like a profitable business when it has established a good reputation among users and have gain deep penetration across the globe. I will love to know more from others who will be contributing in this thread if such a thing like investment in casinos exists so I will put it into consideration as a avenue to diversify my investment portfolio. Such reputable casino like Bitvest will surely worth the investment.

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March 03, 2024, 04:20:49 PM
 #47

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.
Yes, the investor will responsible with their money so they needs to be careful when they want to use their money to gambling or investing. If they can search for many information before they decide, they will not choose the wrong way and will know what they needs to do because they will have much knowledge that can helps them to decide. They can invest in a casino but they must make sure that the casino can gives them the profit because many casinos can't give what they want. Most gamblers doesn't realize about the risks and that can be bigger without they expect and that's only makes them lose their money without making a profit. If the can realize about the risk and always prevent the big risks by carefully deciding everything. They will not be a victim from the hack because they can carefully when they want to use their money to playing gambling or investing in the casino.

The important thing is we can research before decide so we know what we must do after we collect many information. Research is a must thing that every gambler do before they do something.

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March 03, 2024, 04:47:31 PM
 #48

I have known this kind of investment before, like investing with the casino if the casino gains profit you will gain too, but currently, base on my experience I didnt saw a casino offering this kind of feature because it could be players more likely to do an investment only not playing gambling. But the meta or the trend now is more likely on an events, and NFT.

I don't know if this discussion leads to investing in shares in casinos or casinos having an investment feature, but some members have suggested never keeping high balances in gambling accounts but they feel confident about investing in casinos even though some of the casinos on the top 20 list are also very risky due to the casino is a scam or no longer operating, I am not interested in investing in the casino because you have handed over the balance to the casino owner and they can freeze your balance or other actions that are very detrimental to the user, so if you have btc then keep those assets in a personal wallet for the portfolio long term.

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March 03, 2024, 05:01:43 PM
 #49

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.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.



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March 03, 2024, 06:02:07 PM
 #50

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'm not familiar with this kind of investment in casinos but my take here is just the same as others, I wouldn't really do it for some kind of interest even though it is a fair amount of interest return I guess just because it doesnt really have any difference on custodial wallets, or some kind of exchange where you're putting your money, I mean in the first place it wasn't really recommended to put a huge amount of investment or savings on that websites like exchanges just because you just doesnt have full control on your money right, Im not saying that all casinos are but there are most scam websites of casino one, and I would probably say that there are even higher chances that these casinos might go bankrupt something like that right, compared to exchanges casino as well doesnt have the transparency of exchanges where you know the team or CEO something like that.

It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.

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March 03, 2024, 06:38:40 PM
 #51

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.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Of course,.you cant just take some huge slice of the pie with less investment. Everything would really be divided basing up on how many investors did pooled up such fund if we do speak about bankroll
So far we've known that Bustadice and some other casinos do offer some bankroll investment and the rest arent that having such option but for me it is really that good since you are getting side by side
with the house on which we know that house do always win at the end.Therefore, you would really be having that kind of advantage in against with gamblers. The only thing that you should be baring up into your
mind is that you should really be having those realizations that profits would be given isnt that as big as you do think. It would be small and roi isnt really that in too short duration but if we do speak about long runs
then this is something that you could look upon.

So if you do have the money that you could really be able to invest then it would really be your own choice since not all would really be having that kind of confidence on investing into house
bankroll due to those security or guarantees but at least you do know on which side you are on. Gambling industry is profitable on which basically shows that gamblers are really that
the losers in the end of the line.  Cheesy
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March 04, 2024, 10:47:16 AM
 #52

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.

Thanks, yes I think this is the thread that we both are looking for. In any case, it's and old thread and it seems that from his investments, he is break even or lost some money on one of them and then make profits on the other one.

But the casinos that he made profits is no longer in existence and it made him like break even if I'm not mistaken. So there is still a big risk investing on crypto casino and it might also debunked the idea that casinos is profitable and the house always win.

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March 04, 2024, 11:26:21 AM
 #53

There are many trusted casinos that offer good deals but no one can guarantee exactly how much you will get from the casino investment. Gambling is more risky and less safe here if a casino site offers to invest it may be a scam plan. Before investing you can analyze the sites and the final decision is in your hands then the risk will be low. I think find an alternative way to avoid risk of investing in casino invest in bitcoin more reliable currency and hold bitcoin for long time you will get better results. Bitcoin investment will surely give you profit and less chance of something bad happening.

Many? Can you give a list the casinos that offer bankroll investment like what OP is looking for?
As far as I remember, this kind of investment is no longer popular and only few casinos offer bankroll investment.
Talking about the possibility of making profit from bankroll investment, of course there is no guarantee, the same as when you invest your money into cryptocurrency including bitcoin.

I found this old topic. I haven't checked how many of them are still active:
Ultimate list of crypto Gambling sites that offers investment in the bankroll

Kindly give the correct link so people can visit it properly https://bitcointalk.org/index.php?topic=5247587.0
Looking at the list, some of them are already shut down since long time ago (bit-exo and yolodice).

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March 04, 2024, 11:46:01 AM
 #54

It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.
I see no difference, a trusted exchange can freeze your coins too, recently Binance was delisted Monero and they even disabled the withdrawals without any notification, it means people who have Monero on Binance are in loss.

Looking at the list, some of them are already shut down since long time ago (bit-exo and yolodice).
Yolodice might be the best casino that offer casino bankroll I ever seen because they didn't ask minimum amount and they there's no fees deduction, I have not seen any casino that as friendly as Yolodice.
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March 04, 2024, 11:48:00 AM
 #55

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?
in 2017 there was a good debate about investment in crypto casinos and many websites don't offer you this option and there are good reasons for that. First of all, there is a chance that if you invest in a casino's bankroll, they might abuse the game since the website owner has access to server seeds, he then can register the account and predict the outcome of each bet and win tons of money. If the casino owner does that, then investors will experience loss while the casino owner will take all the money in his pocket. I don't say that any casino does this but there is a risk and I explained it to you.

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March 04, 2024, 11:48:20 AM
 #56


It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.

I won’t consider it as red flag because some casino run longer than exchange. It’s just not safe to invest which you can’t hold your coins on a non custodial wallet. It’s part of the risk of investment like this but not enough to be considered as red flag since this is not a sure scam.

Casino investment is already now innovate because you can. Invest in a casino without sending your money to their bankroll but through holding their utility which they use to fund their casino. They offer a buy back and mining for a passive income. This is much safer form of casino investment because you are holding your own token in your preferred wallet.

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March 04, 2024, 11:52:49 AM
 #57

I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

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March 04, 2024, 12:03:35 PM
 #58

I also remember this through bustadice and in fact, you can check how much they have currently with the bankroll investment on their website and that's transparency on their part.

It works like you're lending your money to the casino and you become a shareholder of theirs. And when they're in profit, that's when you should celebrate because you're part of it and you'll get some profit from your bankroll investment.

Before it was really one of the best investment IMO but now on, it's still quite a good one but only invest your spare money.

Honestly, based on my experience, I don't find investing in a casino very profitable. It always depends on the amount you invested because with a small share of the pie (investment), you're not likely to earn a decent profit. In short, this is only for investors who have a lot to invest. However, back in the day, the most profitable kind of investment was investing in crypto, especially in altcoins. I think that is still the case nowadays; investing in crypto can still yield a decent profit as long as we know how to choose the right coins.

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March 04, 2024, 12:26:10 PM
 #59

If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Yes, casino will have certain percentage to be share to the investors. The investor can accept it if they wants to invests in the casino and before they starts investing, they must research everything so they don't make a wrong decision. It's not easy to make a profits from investing in casino, especially if we don't know what casino that can gives us the profit. But I already gave the gambling site name so you can try to invests on that casino.

You should thinks about how much money you want to invest in the casino because there are risk on every decision you make. That's why we needs to research before we decide to prevent the big risks.

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March 04, 2024, 12:26:17 PM
 #60

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.
If I recall correctly, the casino will have a set percentage that you'd get from the investment, I believe that's how that works for bankroll investing since you're pooling the money of every people that have invested, I'm sure that you've got to have some problems when it comes to splitting the profit, the ones that have got a lot of contribution or investment would want to have a bigger share than the rest but with a set percentage, it's balanced to some level. I don't think OP will ever know what they'll get out of it, it's not like OP told us anyway.

I do appreciate the consideration and reminder to think about the risk but OP seems to be decided that the extra bitcoin that OP's got lying around should at the least work for them, no amount of warning would stop this person.
Of course,.you cant just take some huge slice of the pie with less investment. Everything would really be divided basing up on how many investors did pooled up such fund if we do speak about bankroll
So far we've known that Bustadice and some other casinos do offer some bankroll investment and the rest arent that having such option but for me it is really that good since you are getting side by side
with the house on which we know that house do always win at the end.Therefore, you would really be having that kind of advantage in against with gamblers. The only thing that you should be baring up into your
mind is that you should really be having those realizations that profits would be given isnt that as big as you do think. It would be small and roi isnt really that in too short duration but if we do speak about long runs
then this is something that you could look upon.

So if you do have the money that you could really be able to invest then it would really be your own choice since not all would really be having that kind of confidence on investing into house
bankroll due to those security or guarantees but at least you do know on which side you are on. Gambling industry is profitable on which basically shows that gamblers are really that
the losers in the end of the line.  Cheesy
You can't just invest in a casino's bankroll and expect profits. Not a tactical move; it takes comprehension and acceptance. True, the house usually wins, so siding with them sounds smart.  Game name: modest, steady profits. Think marathon, not sprint. Your investment expands with the house's benefit. This path has risks. Protection and assurance? Unrealistic in the chaotic gambling environment

The house siding should not be your only reason to invest. It requires extensive understanding of bankroll investment, market monitoring, and a strong long-term vision. Are you ready for the long haul and the ups and downs before jumping in?

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..PLAY NOW..
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