Investing in casinos: Still a thing?

[Crypt0Gore]

You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

[1715189458]

1715189458

[1715189458]

1715189458

[1715189458]

1715189458

[1715189458]

1715189458

[sunsilk]

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.

It became profitable in a sense before that it was too early. So the value of Bitcoin wasn't that much and as you receive the profit from your small share from them, you just get to hold.

So, that's dual purpose when you hold but I agree that nowadays, it's not really profitable at all. And even you're so optimistic about your investment there but numbers won't lie.

If it is showing you greater returns then that only proves that it is still profitable but based on the ones that have been investing on it before, and sharing what they think about it in the present. No longer profitable.

[aioc]

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?

So far Bitvest is the popular casino platform that allows you to invest, in online casinos offering investment on their platform is not yet that popular only a handful offers this and yes Bitvest is popular to offer this, there's a lot of legalities investing in casinos so online casino prefer to keep their investors in house rather coming from the outside, but if you are a big investor you can write a formal request to the casino and offer them to invest in their platform.

But investing in online casinos as an outsider has a lot of risk involved, if you are a risk taker, you can research in your country for people who are into online casinos and create a partnership to launch an online casino, some casinos offer their token to invest you can stake their token or just hold it for future profit.

[AmoreJaz]

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.

That is true, if you have no big amount of investment, the profit share may really be so small. Sometimes, it is not worth putting your money into. In the old days, investing in the casinos' vault was indeed a thing. I even done that using several coins/tokens. But that site was already closed. I was lucky enough to get out of my funds before the site got out of their business.

I believe, that is one dilemma here. How can you be so sure that the casino will respect all the agreements and won't shutdown their operations without prior notice? You are doomed if they closed down and your coins are still in their site. Very low chance to get it back as they won't come back. Consider you've lost all your investments here.

The truth is, if gamblers here found one casino being worthwhile on this type of investment, we already heard about that. Because for sure they will be talking about how profitable to invest on this casino.

[arwin100]

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.

That is true, if you have no big amount of investment, the profit share may really be so small. Sometimes, it is not worth putting your money into. In the old days, investing in the casinos' vault was indeed a thing. I even done that using several coins/tokens. But that site was already closed. I was lucky enough to get out of my funds before the site got out of their business.

I believe, that is one dilemma here. How can you be so sure that the casino will respect all the agreements and won't shutdown their operations without prior notice? You are doomed if they closed down and your coins are still in their site. Very low chance to get it back as they won't come back. Consider you've lost all your investments here.

This bankroll investment is famous before but unfortunately it became taken out since maybe there's a lot of investors figure out that their investment there is not really worth it and the chances to lose is so high if everything mess up thay's why for other new people thinking about investing on casino can give them more advantage to gain then they should think again since you people are not satisfied with the result they get there. So much better if they find other option to invest their money since its waste of time for putting our money there. Maybe some other may say that its still good since they earn few bucks but for other who want that something that can bring changes I don't think they will be fine getting small returns.

[Slow death]

my advice is that you don't do that, since the first days I saw this type of option I said that it is something that is not worth the risk, let's imagine that you had 10 btc and invested the 10 btc in a casino to make a 10% profit in a year, when you invested the 10 btc in case the price of bitcoin was $30,000, then you invest the 10 btc in the casino and the casino blocks the investment until the 1 year period for withdrawing 11 btc ends, in those months in which you will be waiting for the 12 months to end, the price of bitcoin rises 3x and you cannot sell and make a profit and wait for another price drop, the price goes into correction as has been customary after a big bull run, and drops to $15000 When the 12 months arrive, you will have 11 BTC but they will be worth little

This is a big risk and there is the other risk that the casino will go bankrupt during the 12 months that you will be waiting and it will hurt you a lot when you know that all your investment has disappeared while the price of bitcoin has risen 3x, honestly in my opinion this type of investment It's the worst I've ever seen. cryptocurrencies in themselves are already good investments and there is no need for the person to keep entering into these investments that are high risk, imagine a person spending 1 year to earn 5% or 10% profit while they can hold and earn more profit than 5% while having full control of the coins. It's something I can't understand, I highly doubt that casinos are giving high profits to people who invest in casinos.

[KTChampions]

You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.

[moneystery]

Investing in projects is not a bad idea and as it is now, we are in for the bull run so I think you will be on profit if you invest in new startups. I will advise you to be very alert because this is the time scam projects are in the rise.  It is bull run and the market is green which makes it more porous  for newbies to fall for scam projects. Now that you have made it public, I think you should be more careful to  responding to pm as it relates to investments so you do not get scammed.

i personally prefer to invest in reputable casinos, because after all they already have a running business and their reputation is quite good and is well known to people. compared to new startups which are still burning money and still looking for their customers. and usually during a bullrun there will be many new projects, but at the same time there will also be many projects that die after that. so i don't want to risk my money investing in a project that will die, even though it could give me a decent profit.

[Yatsan]

You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.

Bottomline is earning not as much as expected and not as fast as you will want it. And I agree, the risk to profit ratio is not really the best if you are just seeking for an investment. You'd earn a small percentage from not doing anything other than taking a share on their platform but if ever there will be an instance that the platform will be in trouble, perhaps with negative impressions from players, in this scenario, then your share will be highly affected. Same thing goes actually with being a share holder with big companies. Keyword is being just a share holder.

Being a share holder means you have no full percentage of the overall company profit. You will only have a portion of that profit, minus the maintenance and other service charges depending on what's written with your terms with them. The amount you will be earning also depends on the amount you will be putting on their platform. If you will ask successful investors of different industries, they'll more likely say that the only pros of being a shareholder is the feeling of having a business without doing anything. Having a frachise would be better but not best option to have.

[Wiwo]

You are free to invest in whatever you want, it doesn't have to be Bitcoin only, there are stocks for some offline casinos as well, but I will like you to take this as risk investment, because j would still choose Bitcoin instead of these other projects, it depend on your capacity, how much of a risk you are willing to take.

Make sure that you have bitcoin as your main investment and let these risk play assets take nothing more than few percentages of your whole portfolio, Bitcoin will still give you decent amount of ROI and yes its true that alts can perform better than Bitcoin in terms of ROI but they are the most risky assets you can invest your money on.

casinos do have problems, many have stopped working in the past, I hope you know this, so buying their assets doesn't guaranteed that you will be safe like Bitcoin, the comparison is like night and day.

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.

The general market have alot to do with the total amount an investment profits at the end of the day, because there were alot of inconsistent profits mergin from months to month and those who are involved in bankroll investment have such free luxury of experiencing those volatile assets returns, I have not invested in any of the casino bankroll investment mechanism before, but I am well aware of casinos invomennt features and how investors are treated by those casinos.

We have alot of such casinos that provides such services and we may lay hold of history to see how effective their service have been and records of profits pay out in the past.

[Casdinyard]

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?

Pretty sure it's still a thing, especially in crypto casinos particularly. Even saw a particular up and coming decentralized crypto casino advertise about letting their users have a stake at the profit that the casino would receive, which is pretty much textbook investment. And while the implications are certainly great for the user I could picture these gambling maniacs just finding yet another excuse to splurge all their cash in a crypto casino, without getting virtue signaled cause now they get to tell people that they earn within the casino.

In any case, I don't think looking for casinos to invest on is something that you'd really prefer, a lot of them would choose franchising over shareholding since that brings in more money and brings their brand to a higher level of presence, and if I'm not mistaken there's only so few casinos on the stock exchange that you can put your money on, and even then you'd never really expect much of them to bring in the profit. As for bitvest, I haven't checked their whole business model just yet but I'm assuming the same business model that worked for brands in the past, not really sparking confidence if you'd ask me.

[topbitcoin]

Everyone has the freedom to invest wherever it is, whether it's on a casino platform, crypto or something else. But I just remind that investing in casinos or other similar platforms, it has a fairly high level of risk, although the opportunity to get a profit is also quite high because at this time online gambling has become very popular and many people visit it. Investing in a casino platform is often not recommended for long-term investments. And regarding how it works, how it works is quite varied and depends on the platform itself, because each platform also has its own rules and policies. but generally when you invest in a casino platform, then you will get the return based on the performance of the casino itself. However, due to the inherent nature of gambling, where there is no guarantee of profit, so this can allow you to lose the money you invested in.

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

[KTChampions]

Even in those casinos that did not have problems and that carried out their investment programs honestly, the final return for investors was sometimes simply bad, and sometimes negative. There were threads on this forum with examples of such investing.
Overall, I don't see any point in investing bitcoin anywhere. After all, we chose bitcoin to get definitely more than +100% over the horizon of several years. Why should we risk our main investment for an additional 10-15% profit? I think this is irrational.

Bottomline is earning not as much as expected and not as fast as you will want it. And I agree, the risk to profit ratio is not really the best if you are just seeking for an investment. You'd earn a small percentage from not doing anything other than taking a share on their platform but if ever there will be an instance that the platform will be in trouble, perhaps with negative impressions from players, in this scenario, then your share will be highly affected. Same thing goes actually with being a share holder with big companies. Keyword is being just a share holder.

Being a share holder means you have no full percentage of the overall company profit. You will only have a portion of that profit, minus the maintenance and other service charges depending on what's written with your terms with them. The amount you will be earning also depends on the amount you will be putting on their platform. If you will ask successful investors of different industries, they'll more likely say that the only pros of being a shareholder is the feeling of having a business without doing anything. Having a frachise would be better but not best option to have.

That's not the point at all. In those threads that I talked about, to my surprise, many bankroll investors found themselves in the red even without any problems at the casino itself. We all know that at a distance the casino is always in the black (therefore investing in the bankroll seems like a win-win option), but sometimes the whales won large sums, so those who invested in the bankroll ended up in big minuses, from which they then took a very long time to get out.
In fact, maybe someone was lucky and, having invested in a bankroll, they found themselves at a time when the whales were losing and their investments very quickly produced income, but for some reason I have not heard of such cases.

[Eternad]

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.

[Hispo]

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.

Sorry, but it seems to me you are pretty much misinformed on what Defi is actually about.  
Defi is pretty much decentralized banking, you know, banking per se is not a Ponzi scheme and banks are businesses, so are Defi platforms. In Defi, those who invest their money get benefits because the pool where you have set your money on charges fees to those who are interested in swapping their tokens or Ethereum for others, so each time there is a swap, there is a small profit for those who have decided to lock their money in those protocols. It does not make anything to do with being a Ponzi.
Also, it depends whom you ask whether Defi is better than investing in a centralized casino, you know.
There must be people out there on the internet who feel more comfortable locking their DAI/Ethereum on Uniswap than giving their money to a casino which is legalize registered very far away from the investors jurisdiction.

Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  

[taufik123]

-snip-
Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  

Yes, these are two optional options actually, just choose which one is suitable and not affected by others.
Investing in a fairly successful casino with many members will be a good opportunity, but whether the casino opens the investment opportunity or not.

But if you choose to invest in crypto, it is not only limited to DeFi, but there are still many types of crypto that can be invested.
Buying Bitcoin, Ethereum for the long term it is also a pretty good type of investment with greater returns because the price is very volatile.

For now, I still tend to invest in crypto because I don't really understand how to invest in an online casino and how to scheme for investment.

[Marvelman]

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).

I fixed that link in my post. Thanks for the correction.

[CryptSafe]

Investing in projects is not a bad idea and as it is now, we are in for the bull run so I think you will be on profit if you invest in new startups. I will advise you to be very alert because this is the time scam projects are in the rise.  It is bull run and the market is green which makes it more porous  for newbies to fall for scam projects. Now that you have made it public, I think you should be more careful to  responding to pm as it relates to investments so you do not get scammed.

i personally prefer to invest in reputable casinos, because after all they already have a running business and their reputation is quite good and is well known to people. compared to new startups which are still burning money and still looking for their customers. and usually during a bullrun there will be many new projects, but at the same time there will also be many projects that die after that. so i don't want to risk my money investing in a project that will die, even though it could give me a decent profit.

Of course there is nothing bad about one investing in casinos. Casinos some how is a good investment because they make a whole lot of returns on daily basis. So therefore, if anyone deems it fit investing in casino, it should be a well known reputable casino that has a good record and if one must invest in a new casino one must be sure to do their own due diligence as to avoid investing their funds in scam casinos.
If you really want a lasting investment then you should go for projects already in existence that you are very much sure of their life span and credibility.

[Hispo]

-snip-
Both investing in a casino and Defi are good options if one knows what one is doing, it is just matter of what sort of investor one is.  

Yes, these are two optional options actually, just choose which one is suitable and not affected by others.
Investing in a fairly successful casino with many members will be a good opportunity, but whether the casino opens the investment opportunity or not.

But if you choose to invest in crypto, it is not only limited to DeFi, but there are still many types of crypto that can be invested.
Buying Bitcoin, Ethereum for the long term it is also a pretty good type of investment with greater returns because the price is very volatile.

For now, I still tend to invest in crypto because I don't really understand how to invest in an online casino and how to scheme for investment.

Actually, investing in a casino is not rocket science, as far as I know, you are offered the chance to deposit your capital in their account and according to the volume of gamblers and the size of your stake, you start to get profit of the activity of the casino. However, your profits are also dependent on the profits of the casino in general, so in the case some gambler manages to pull off a jackpot  you could see part of your stake in the casino to be sold in order to pay those big winners.
Though, those cases would not bother me at all as a person who likes to invest in the long run, in the end, the house will always have the advantage as long as people continue to risk their money.

If some reputable casinos like Stake had the option for people to invest with them, I would definitely give them some money and see if I can also profit off their operations, though, that is very unlikely to happen. Most casinos which allow to contribute with bankroll are rather small and unknown, which is a problem. 

[alegotardo]

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 think so!

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.

With the current gaming provider platforms, I believe it could be more profitable for you to open your own casino than trying to invest in one that is already in operation.
Obviously, to do this you will need good technical knowledge, you may also need to establish partnerships with another person or company and a generous amount of money to invest in the domain, operating license, security and initial marketing.

Although this market is already saturated, there is still a lot of room for good casinos, especially if you choose the target countries of your potential customers carefully.