Investing in casinos: Still a thing?

[livingfree]

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.

Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

[1715629712]

1715629712

[Japinat]

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.

Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

[Unsoldier]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

[Hypnosis00]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843

[Taskford]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843

There's quiet huge risk for this especially we don't know how we can see them reputable especially for binance since recently they face a lot of issue due to some restrictions happened to them on some parts of the world and we might got an issue if our country will next to ban binance. So If I am the investor I will just let my bitcoins left stored on my wallet rather than putting it on exchange or casino since from there I can assure the safety than trying to risk on those platforms.

We all know that they are reputable but since I believe on not your keys not your coin so I guess letting our balance stake on other platform is risky action to do since we don't know how long we can't experience an issue with them since for sure there are chance that FTX schemes might happen again and to bad for us if our funds is there and same like situation will occur. To assure safety much better to leave our balance beyond our control and never gamble on an option thag give us low return but risk is so high.

[Sunderland]

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.

Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

Yep, cant compare apples with oranges, because by investing in Bitcoin, the owner will only make a profit/loss after exchanging the Bitcoin for cash.
And when investing in a casino, of course there will be a profit/loss calculation every month or every 3 months or even annually.

Which one is better?
It depends on the BTC price fluctuation and the casino profit/loss, so actually it is not certain which one is better, for example:
A buys bitcoin worth of $700 at $70k/1BTC and A gets 0.01 BTC, after 1 year the price of bitcoin is at $80k.
A cannot be said to have a profit if he has not sold his bitcoin at the price of $80k.

B invests in the casino for $700/0.01 BTC, in the first 6 months the casino makes a profit of 0.003 BTC.
And in the next 6 months the casino suffers losses and B investment decreases by 0.004 BTC.

After a year, A still has 0.01 BTC and B has (0.01 + 0.003) - 0.004 = 0.009 BTC
By investing in bitcoin, the amount of bitcoin will never decrease, but by investing in a casino, the amount of bitcoin could decrease if the casino experiences a loss.
Indeed, there is an opinion that in the long term, the casino will always wins, but not all casinos can be like that.
If we choose to invest in a casino that has a good reputation, lots of players, etc. It will certainly be more profitable than investing in bitcoin.

[summonerrk]

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?

Casinos are different, and for example, there are casinos that look successful on the surface, but in fact they have many hidden signs that such casinos are doing badly. For example, such casinos reduce their promotions, do not hire show business stars, introduce additional checks and, of course, increase commissions.
If you want to invest in a casino, you need to be able to analyze all these signs for any casino.

[uneng]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

Casino bankroll investments used to be much more profitable than the interest rates offered by exchanges. If it was still a thing, many investors would withdraw their funds from exchanges where they make 4%-8% APY to make 20%+ at casinos. Unfortunatelly that is a feature which belongs to the far past of crypto universe which remains on the 2015-2016 years... The gambling industry now is totally self-sustainable and don't need money from independent investors anymore to keep their businesses running smoothly.

The industry is much more solid and consolidated in a global level than it was on those past years when crypto universe seemed more liked a limited community of people from a countryside area. The sums of money transacted and the number of people involved on such transactions has skyrocketed since then.

[carlfebz2]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

Casino bankroll investments used to be much more profitable than the interest rates offered by exchanges. If it was still a thing, many investors would withdraw their funds from exchanges where they make 4%-8% APY to make 20%+ at casinos. Unfortunatelly that is a feature which belongs to the far past of crypto universe which remains on the 2015-2016 years... The gambling industry now is totally self-sustainable and don't need money from independent investors anymore to keep their businesses running smoothly.

The industry is much more solid and consolidated in a global level than it was on those past years when crypto universe seemed more liked a limited community of people from a countryside area. The sums of money transacted and the number of people involved on such transactions has skyrocketed since then.

Most of them are totally independent on which they could really be able to ran a business without needing any investors funds or money for them to start on. If ever they do have that capital but want to offer
such feature for some investor to be able to invest then you would really be definitely be able to say that they might be lacking or it is really just that trying to hook up and increase their overall budget or bankroll.
I do remember into those old years that there are indeed something like this as if they were opening investment to those who are interested.

Speaking about ROI then it would really be that longer but its true that this is something more better than on storing your money into the banks or even lets say you are putting up some
Staking into those low APR but come to think that in gambling house investment does have that kind of negative profits on the time that there's some whales who do make big cashouts
which it would really be causing that negative or slowing down the ROI.

[YOSHIE]

And are there any other trusted casinos that are offering this investment? Is it a bad investment?

For me, anyone who wants to invest is a good thing, maybe it's a good opportunity if you want to do it, but for me I don't agree if you want to invest in a gambling site, it's not bad, However, perhaps many people know about the risks of online gambling sites. For me, investing in gambling sites is not that interesting.

Maybe some of the members here have indicated gambling sites that are suitable for investing, of course it all depends on the user himself, My advice is that if you have Bitcoin savings, try investing on a site that is specifically for investing, such as in the crypto market, etc., maybe I think it's better than online gambling sites.

[livingfree]

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.

Bitcoin is certainly profitable compared to any other investment, the ratio of being high risk gives a high potential reward. But the description of it as a high-risk investment doesn't seem to be scary anymore nowadays.

As it has become the safe haven of investing in the crypto market, that's why if someone is holding Bitcoin or suggesting to buy it. We're all doing that because someone who doesn't have a long experience with it is on a safer investment.

There is no doubt if holding it for the long term, it's not just all about probability but certainly he's going to profit if the basis is going to be with his historical charts.

I think we cannot compare investing in a casino to investing in bitcoin that way.

If there's actually casino who accepts bitcoin as investment, it is more profitable that investing in bitcoin alone due to the major reasons that while its value increases, the number of bitcoins you are holding will also grow in the long run as certainly casinos are so profitable.

But the performance of the casino is what the profitability of the investors are. It's not always that good although in the long run, investors of casinos and the casinos themselves are always the winners.

The same with Bitcoin but if BTC is the one that you'll use for investing on them. You have to understand that you're totally losing your custody to it because you're depositing on BTC and once you've sent it already, you have no control over it.

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

There were discussions that says that investing on them are no longer the same as profitable as BTC. But in my experience since I haven't invested on any of them, holding BTC is way more profitable.

[Woodie]

I used to invest on bankroll of the casino in the past but the returns are not impressive. They are low and boring, most of it around 10-20% a year, which are minuscule compared to what some safe trading ideas would bring you in a month.

Low and boring indeed  
But don't you think if you consider bankroll investments means you going for the safer route  here without the high risk of other options out there   and besides I think this model works well for people with money sitting comfortably in their bank accounts collecting dust and don't need to be liquid regularly...

And that 10-20% per annum looks small but if you compound your investments, the profits do actually add up as compared to going for the trading route which is risky if you don't know what you doing  

[Fortify]

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 you want to invest in bookmakers and casinos, you're better off just heading to the stock market to find well established fiat currency casinos. The casino market in crypto has been established for a long time now and the biggest players will have large enough reserves that they won't be requiring or even interested in sharing returns with random people any more. Besides that, they are more likely to get side swiped by regulators as they can sometimes exist outside of the mainstream which makes them an easier target for takedowns. Finally, there is a higher chance of crypto companies going bust, especially newer ones which might disappear overnight with your money and little paper trail.

[beerlover]

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.

This is true, they do end up with that first of all, like they need to build a capital first and if they can do that then it would make sense. I believe that we are going to end up with something that could work very well for everyone and should be something that could benefit everyone as well.

I personally believe that the best way to move forward could be a situation where people could see how we could move forward as well. I am very well aware that if we are allowed to invest, and the place is trusted, then we are going to end up with a much bigger situation without a doubt, everyone would invest into that place, even more than needed in some cases. But these days most casinos have their own bankroll anyway, so they do not need it.

[Poker Player]

Well, after seeing that there are people who have been on the forum for a long time and with great reputation who believe that it is possible to win in the casino if they give you the right "tips", I am glad to see a thread about the only real way to be able to win in the casino (in the long term): to be the owner of the casino, or as in this case, to invest in it.

In my case today, although it is not an idea that I rule out for the future, I do not consider it because the Bitcoin I have I prefer to have it myself, and not invest it for extra profitability, but it is certainly a safer way to earn money than playing roulette.

[moneystery]

....

So that answers the question that investing in casinos are more profitable than investing in bitcoin.

we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.

[Hypnosis00]

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 you want to store your BTC on deposit and earn interest from it, you don't necessarily have to do it in a casino. Many exchanges offer a higher interest rate on Bitcoin deposits. I think you should consider depositing on an exchange. Exchanges like Binance, HTX, and OKX offer interest on deposit. If their APY is higher than in the casino, I believe it would be much more profitable for you to deposit on the exchange.

That's quite safer, however, investing in a casino offers bigger interest that depositing your bitcoins and let it earn interest. The same scenario when you are putting your money in the bank, the interest is very low, but if you gain a certain percertage on your investment in a casino, your investment will gain profit on a daily basis as long as the casino is profitable, it's like a compounding interest that you'll gaining.

So let's use Binance as an example, the APR is 4.5%, would it satisfy you? personally I would not even be satisfied on that percentage on a monthly basis because my capital is not big enough.

https://www.binance.com/en/square/post/849843

There's quiet huge risk for this especially we don't know how we can see them reputable especially for binance since recently they face a lot of issue due to some restrictions happened to them on some parts of the world and we might got an issue if our country will next to ban binance. So If I am the investor I will just let my bitcoins left stored on my wallet rather than putting it on exchange or casino since from there I can assure the safety than trying to risk on those platforms.

We all know that they are reputable but since I believe on not your keys not your coin so I guess letting our balance stake on other platform is risky action to do since we don't know how long we can't experience an issue with them since for sure there are chance that FTX schemes might happen again and to bad for us if our funds is there and same like situation will occur. To assure safety much better to leave our balance beyond our control and never gamble on an option thag give us low return but risk is so high.

There's always a risk and that's the risk you are referring. That's why it's very important to manage the risk because anytime we can lose our money. Holding our asset in our wallet where we are the only one have access to it may safe but there's still a risk as there's no assurance that bitcoin will rise although people say that 99% it will grow in the future, we still have to consider the risk factor.

[LUCKMCFLY]

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.

Well when it comes to investment I think that many people have things to do to make themselves better, for example when I am going to invest my first thought is to buy bitcoin, but when it comes to companies, casinos in particular it has to be something very clear in power. establish the profit rules, how the benefits will be and especially the percentage, because I know that there are people who really like working with companies and only trust companies, it is not a bad idea that these things are done well with companies because that It guarantees people that there is more liquidity where they can win, but basically it is difficult, the points have to be made very clear, in fact make a contract so that everything is clear, for the internal investment plans of the casinos for people, It's basically like I said, the uqe have tokens because it's something else.

[ethereumhunter]

....
So that answers the question that investing in casinos are more profitable than investing in bitcoin.

we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.

If we talks about the safety, I think investing in bitcoin will be safety if we used private wallet and not keeping bitcoin in the exchanges or casinos. But some sites offers to people investing their bitcoin into their sites and they can gets interest, even many exchanges do this to attract more customers to their site. The important think here is if we wants to investing in the casino or the other sites, we must used money that we can afford so when there's something wrong, we will have to feel too regret. We will knows that's the risks of investing in the sites so we will not wants to gets a bigger risks. Investing in bitcoin is more profitable, especially if we can buy bitcoin at a lower price so we can wait for the time for the price increases.

[fullhdpixel]

we cannot be sure which is more profitable, whether investing in bitcoin or investing in casinos, because it all depends on the performance of both things. for example, the price of bitcoin has risen several tens of percent in this year alone, and that makes it a profitable asset. but that's only for this year, we can't be sure about the future. meanwhile for some casinos, maybe an increase of 10-15 percent in 1 year, but that also varies, it's possible that next year their performance could be more or less.

so we can't conclude which one is more profitable, but i am more convinced that investing in bitcoin is more profitable.

When we invest on a casino, our fate relies on them or how the owner run its casino but when investing in Bitcoin, all will be up to us. It is said that casinos are always profitable but despite of it, there are still lots of casinos who don't last a long time. If I can compare them in cryptocurrency terms, they are like the meme coins due their risk and reward ratio. Bitcoin is more stable but the growth of our money can only be slow as not all times there will be a bull run. In my opinion a better approach would be is to diversify, so that we still can reap each of their benefits but I would only like to prioritize Bitcoin more than investing in the casinos.