Investing in a casino's bankroll...Still worth it in 2024?

[Abiky]

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

[Davidvictorson]

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

Investing a an online casino's bankroll is risk and the answer to whether it is still worth investing in their bankroll depends on how much risk you can carry.

I do not actively invest. You will find this very old thread but interesting one of the users recorded their monthly returns for a year after investing 5 bitcoins in 5 gambling sites namely BetKing, MoneyPots, SafeDice, Crypto-Games, Satoshi Dice. After some months, they added Bitvest, KingDice.

One DarkStar_ also invested in bustadice and bustabit.

I know its old but you should check them out
thread 1 - https://bitcointalk.org/index.php?topic=1585408.msg46096925#msg46096925
thread 2 - https://bitcointalk.org/index.php?topic=1585408.msg15919142#msg15919142

[Wapfika]

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

Modern casino usually have sufficient funds for their bankroll since they are backed by private companies that involved in casino industry in short they are already loaded before they start the business.

But some startup casino usually create casino tokens as form of profit sharing. They don’t offer bankroll investments but rather a profit sharing in form of their tokens that they use for rewards to players that plays in the casino.

So far most of the casino tokens is not performing well compared when Betfury BFG tokens newly introduced in the market. Right now most of the casino token doesn’t provide enough profit in terms of holding but Staking their tokens provide more profit rather than the traditional bankroll investment of the casino.

[cabron]

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

Modern casino usually have sufficient funds for their bankroll since they are backed by private companies that involved in casino industry in short they are already loaded before they start the business.

But some startup casino usually create casino tokens as form of profit sharing. They don’t offer bankroll investments but rather a profit sharing in form of their tokens that they use for rewards to players that plays in the casino.

So far most of the casino tokens is not performing well compared when Betfury BFG tokens newly introduced in the market. Right now most of the casino token doesn’t provide enough profit in terms of holding but Staking their tokens provide more profit rather than the traditional bankroll investment of the casino.

When a casino doesn't have funds and asks investors for funds for their bankroll, potential investors will have doubts that the casino might flip and scam. I think the casino should be backed by companies already rather than allowing bankroll investors, it leaves the doubt. I have not seen any casino these days

Several casino tokens were launched a few years ago but these days they are slowly dying as well. The ones that were promoted here I think it's just BFG that lasts.

[TheUltraElite]

I miss the days when Crypto Games ran its own investment scheme, I managed to strike up 50% returns in a year over there. It was soon shut down while the site continues to grow and operate on a large scale.

We recently had a thread discussing the similar topic, it seems sites are less inclined to accept public investments anymore since crypto has gradually become mainstream and owners no longer find it difficult to raise money for bankrolls.

Check out mindrust's topic here for detailed analysis of some investment schemes currently running -
   
[GUIDE] Best Crypto Investment Opportunities for Passive Income -2024

[Dr.Bitcoin_Strange]

Actually, someone has talked to me about the bankroll investment in the casino industry, but this time around, only a few casinos are still offering the service. The profit you will make from a bankroll investment is not usually fixed because gamblers also win huge amounts sometimes. Although it's a normal routine that gamblers lose more than they win, but sometimes luck can be on their side and they will also win a huge amount, which can turn out to be a loss for the bankroll investor. The reason why I don't like the investment is because of how the profit and loss are generated.

None of the casinos that I am using support the bankroll investment, and it could be because people don't seem to be much interested in it any longer. Look at this thread( Are people still interested in bankroll investment ?); some new and old gamblers don't even know there was anything like that. 

List of some old casinos that support bankroll investment. 

Name of site		Coins available for investment		Operatings since
Bit-exo.com		BTC, ETH, LTC, DOGE		2016
Bitvest.io		BTC, ETH, BCH, LTC, DOGE		2015
Bustabit.com		BTC		2018*
Bustadice.com		BTC		2017
Ethercrash.io		ETH		2018
Just-dice.com		CLAM		2013
Mintdice.com		BTC		2019
Wink.org		BTC		2019
Yolodice.com		BTC, LTC, DOGE		2016

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

Based on the question that I highlighted, in my opinion, I will not risk my Bitcoin to nvest in any bankroll but rather prefer to hold it in my cold storage and patiently wait till it generates some profit for me. We know the risk that comes with investing our Bitcoin in third-party companies. 

[acroman08]

I was wondering if it's still worth investing in an online casino's bankroll?

I remember crypto.games offering bankroll investment in the past but as far as I know, they have stopped it, right now I don't even know if there is still a crypto casino that offer this investment.

If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

Investing in casinos: Still a thing?

Here's the most recent thread I've seen related to this topic, try reading through it perhaps there are members that mentioned a casino offering this kind of investment.

[Onyeeze]

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I think that it will be better for you to skip anything that conscience online casino investment so invested in Bitcoin should be more propagated them the casino can of investment because Casino is a gambling under which he know the objective of creating their sights why if you invest in Bitcoin you can have access to it and you are the one that will be in touch of it for my own advice I think that's between investment should be more preferable because of how it operates and how the demand controls this applies sometimes not almost every time

[South Park]

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

I remember those days as well, but just like faucets and other things that were the norm back then, investment in casinos bankrolls has come to an end, we must remember that at the time many people, especially institutional investors, were very skeptical about bitcoin and the market in general, so casino owners had a lot of problems raising the money necessary to keep themselves in business, so they needed the community to lend them their money and they paid you some of their profits, but as this market has become mainstream, it is now easy for casinos to get investors which supply them with a lot of money, marking an end to the need for casinos to look for investors in this particular way.

[Kemarit]

I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals.

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

There are still some gambling platforms that offers investment directly, thru Bitcoin or their native token. Unfortunately it's no longer the hype and those investors could have lost money as well as there could be months that the casino is losing money unfortunately.

There's one user who share his gambling investment and it looks like it didn't turn out to be good,  GAMBLING SITE INVESTMENT.

So I would stir away from this kind of options for now, it's not viable as it was once was in maybe 2015-2018 era.

[Hispo]

I would not dare to suggest anyone where they are supposed to put their money into, to be honest. Anyone is supposed to be responsible of their own capital. Though, in my opinion, investing in casino bankrolls must be one of the safest investments in the long term, in the end the house always wins, doesn't ?
However, in my opinion, one also needs to take in consideration two important factors which could affect the total yield of the investment: the reputation of the casino and also the liquidity/site of the investment. It does not make sense to invest in a multimillion dollar casino with only a few bucks. 

I had considered to give some of my money to a casino before and see if it can grow, but so watching about relying my satishis to a decentralized entity like that makes me twice twice and I end up not doing it.
Anyone is free to do whatever they want with their money, as long as they know what they are doing.

Also, I personally would prefer to invest in bankroll than buying casino tokens. Just my two cents.

[PX-Z]

If there's a new open casino that accepts investments with known team who had operate a successful crypto business and casino before, i will be willing to invest and i guess its still worth it.

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.

[yahoo62278]

Bustabit and Bustadice were still accepting investments last I knew. Even though they recently sold, the owner seems to have been associated with the project since the beginning.

As far as most of the other casinos, A lot seem to turn scam once they tokenize themselves. There might be a few legit investments out there but DYOR and be careful.

[tabas]

I was wondering if it's still worth investing in an online casino's bankroll? If it is, could you share where can I invest my BTC? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

There are questions as well like this that's been brought but it's not mainly about the bankroll investment that casinos do offer but more of their tokens. They're different ways of investing to a casino but if it's about what I prefer, it's to be with the house and that's through their bankroll. As for their tokens, it's hard to rely on it because the casino that has their own native token could have some control on it but once they're flocked by big traders, they will have no control over the volatility that it gets. So far I see only a few of them doing well but the rest, they're likely going to be seen with the lowest volume and whoever invests there might not be able to see the worth of their money.

If there's a new open casino that accepts investments with known team who had operate a successful crypto business and casino before, i will be willing to invest and i guess its still worth it.

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.

I might do that as well but it's just only if the devs are known. Otherwise, if it's a random one, we'd be better be off and ignore them.

[Julien_Olynpic]

Typically, such investments are offered by startups that lack capital. For some reason, these startups can't take out a traditional loan or get investor money. Or they don't have their own capital. This is always a problem and it is always a question for the private investor. If a company has such difficulty raising funds, what is the likelihood of it going bankrupt? We know that most startups (80%) close within 1-2 years, unable to withstand the competition. It's a sad story, but it's true. By the way, the fact that startups often raise funds at very high interest rates is also based on this pattern. For example, they may pay their investors 40% per annum. It is difficult to say how they will recoup their funds, but these investments could be interesting.

[Poker Player]

It is a pity because done correctly and with an honest site it is a way to profit from gambling in the long term. As far as I can see it was possible in the past but nowadays there are few options if at all. The problem especially if you invest in Bitcoin is that you give up your private keys for extra profitability but it could be done with a small percentage of your holdings.

List of some old casinos that support bankroll investment.

Bitvest.io

BTC, ETH, BCH, LTC, DOGE

2015

From that list, if bitvest continues to accept investments, I won't even put a satoshi in there. If someone invests and then spends half a year to get paid when he wants to withdraw, don't be surprised.

There's one user who share his gambling investment and it looks like it didn't turn out to be good,  GAMBLING SITE INVESTMENT.

Why do you say that? In the last update he said that his profits had dropped a little, which is normal, as there is volatility but he had profits.

[danherbias07]

Read this posts by @mindrust and you will see something decent.
https://bitcointalk.org/index.php?topic=5487269.msg63923893#msg63923893

Low income but long-term it could be profitable and since that gambling site has a good reputation, I doubt your Bitcoin will get stuck there or be scammed.
I don't have enough funds yet to invest in it but I am already thinking about it and am on my way to doing the same and investing with them. It's better than having joint pain in doing faucets which I have done before and that's why I know how difficult to do it just to gain a few satoshis. Plus, there are not many websites that offer faucets because the value of Bitcoin increasing every moment and there's more expectation that it will continue because of the Bitcoin halving coming near. Or was it later? (timeline difference)
I'd rather stick with this one but I have not checked yet if they have the minimum amount of time that it should stay in the investment or can it be plug and play kind of thing where you get in and can get out anytime unlike the staking process.

[pinggoki]

Read this posts by @mindrust and you will see something decent.
https://bitcointalk.org/index.php?topic=5487269.msg63923893#msg63923893

Low income but long-term it could be profitable and since that gambling site has a good reputation, I doubt your Bitcoin will get stuck there or be scammed.
I don't have enough funds yet to invest in it but I am already thinking about it and am on my way to doing the same and investing with them. It's better than having joint pain in doing faucets which I have done before and that's why I know how difficult to do it just to gain a few satoshis. Plus, there are not many websites that offer faucets because the value of Bitcoin increasing every moment and there's more expectation that it will continue because of the Bitcoin halving coming near. Or was it later? (timeline difference)
I'd rather stick with this one but I have not checked yet if they have the minimum amount of time that it should stay in the investment or can it be plug and play kind of thing where you get in and can get out anytime unlike the staking process.

I'm already allocating how much I want to invest in it and so far, it's looking good, I'm quite busy with my other things in life so I can't deal with it but once I'm through, I'm going to do it, I'm bookmarking it so I don't forget to do it in case I finish what I'm doing right now. Maybe tightening the budget right now could be a possible thing to do so you don't have to worry about not putting in enough money, take it slow because I think that you can still put in more bitcoin even if you have already invested.

[Apocollapse]

Investing in casino is like owning shares of a company, so you need make sure if the company (casino) have a lot traffic and keep making money, otherwise you're end up being scammed or lost.

I don't see there are many players gamble on those casinos that offer bankroll investment, perhaps only Bustabit still has it's own players and they're an OG in crash games, so they can survive and still make a lot money until now.

[Porfirii]

-snip-
None of the casinos that I am using support the bankroll investment, and it could be because people don't seem to be much interested in it any longer. Look at this thread( Are people still interested in bankroll investment ?); some new and old gamblers don't even know there was anything like that. 
-snip-

I have been around for a while and this is the first time I read about investing in casino bankrolls. In fact, I have always wondered how new sites managed to get the funds needed to start their operations, and continue in the business after paying a few jackpots. I thought that it was because of big funds which provided an inexhaustible flow of money, but I'm happy to see that in many cases that money flow came/comes from a more cooperative effort instead.