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Author Topic: Investing in a casino's bankroll...Still worth it in 2024?  (Read 476 times)
Hypnosis00
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April 19, 2024, 05:03:56 AM
 #21

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.
What kind of investment you are planning, is it through crowd funding or private investment.
Honestly, I can't find any casinos nowadays that starts accepting investors like when they are at the early stage, it looks like they already had a private investors before they introduce their product to the market.

But to the old ones, naaah, i did experience of investing to those, and i learned it my way.
Maybe you haven't invested on a right casino, but when it's old and establish, the rate might be low and you need a decent capital so you'll be satisfied with the potential profit you'll make.

R


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April 19, 2024, 05:08:49 AM
 #22

People want two things for Investing in Bankroll Casino.
1. Safe
2. Profitable

The reason, right now is not quite popular most famous casinos are not open to any bankroll investment. Meanwhile, the casino that are opened usually are not quite famous or have high activity from the users, so people are quite worried.

In other reason, some of casino already closed their investment bankroll or closed them / the investment has been change by token version. I don't think right now is worth, If there has some casino are still worth the risk are quite high (like the casino is closed without further notice or running).

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April 19, 2024, 05:20:52 AM
 #23

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. Smiley

I don't think something like this actually exist as before, because now the gamblers who may be willing on making an investment into the gambling platform would also be interested in gambling, so what he would rather choose was to make a deposit and use the fund to the satisfaction of his desire with gambling, because he also want to gamble and have fun, especially now that we have online crypto gambling casinos everywhere to use, and if at all he wishes to invest as well, he would rather choose a cryptocurrency coin and invest by himself then hold.
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April 19, 2024, 07:37:34 AM
 #24

Honestly, I can't find any casinos nowadays that starts accepting investors like when they are at the early stage, it looks like they already had a private investors before they introduce their product to the market.
I don't think something like this actually exist as before,
There are still some casinos where users can invest in their bankroll such as:
bustabit: https://bustabit.com/#bankroll
bustadice: https://bustadice.com/invest
mintdice: need to have an account to access the investment page.
There can be still some other that I dont notice but there were more casinos in the past but some of them are already close such as Yolodice and Bit-exo. Most new casinos that popped up in the last few years is indeed has no bankroll investment feature. Since the last few years, most new casinos prefer to have something like internal token where players can buy or earn it to be staked in the casino to get few percent profit from the house.


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April 19, 2024, 08:37:46 AM
 #25

i don't know if it's worth it to invest in a casino bankroll since i've never tried it. however, from several reviews of people who tried it, they said that if you want to invest in a casino bankroll, you can try a popular casino that offers investment services like that. and usually the returns they offer are not fixed, they can change according to their financial performance. so it's your choice whether to invest or not.

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April 19, 2024, 09:31:39 AM
 #26

It's not safe to invest in casino bankroll because you can't tell which one will survive, look around you, money is slowly going into artificial intelligence, and in the next few years technology will take over, this is no doubt where the biggest money is heading, why no place yoit risks on such? AI companies will be the world leaders tomorrow not gambling.

Gambling can benefit from AI and Metaverse success but I prefer risking money on the real makers, like Microsoft and Meta for example, if you want to invest in casinos go for their tokens with a small amount of money, but if you are looking for real-world asset investment it's better to go after the real companies that are adding value to the world today, risk wise is still present but they are better.

Profitability wise I even doubt it, the result will be slower than investing on a crypto project, still have doubts? How come no casino beat Facebook or Microsoft and the Elon Musk companies? Those that are close are builders of the real world, no casino is close.

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April 19, 2024, 09:34:56 AM
 #27

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. Smiley

I don't think something like this actually exist as before, because now the gamblers who may be willing on making an investment into the gambling platform would also be interested in gambling, so what he would rather choose was to make a deposit and use the fund to the satisfaction of his desire with gambling, because he also want to gamble and have fun, especially now that we have online crypto gambling casinos everywhere to use, and if at all he wishes to invest as well, he would rather choose a cryptocurrency coin and invest by himself then hold.

People who decide to invest on casino bankroll are also a gambler so they are actually choose both to gamble and invest since majority think that its safe to invest on a casino since they can earn money with them. Then choose to gamble since they try their luck to gain and also to have fun.

Online casino is big thing in gambling industry but unfortunately bank roll investment seems don't exist since we don't see these big casino offering investment anymore. So if the question is investment on this option I guess we cannot see some current data since we don't see any existing casino or I miss something that offer this again in bitcointalk.

R


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April 19, 2024, 11:08:41 AM
 #28

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. Smiley

I don't think something like this actually exist as before, because now the gamblers who may be willing on making an investment into the gambling platform would also be interested in gambling, so what he would rather choose was to make a deposit and use the fund to the satisfaction of his desire with gambling, because he also want to gamble and have fun, especially now that we have online crypto gambling casinos everywhere to use, and if at all he wishes to invest as well, he would rather choose a cryptocurrency coin and invest by himself then hold.

They actually do exists.

With just a google search you will find some numbers of casino bankrolls you can invest on, but I  don't like the idea or maybe I lack some knowledge about it.

To make an insane amount of money from crypto you need to be early, this is the ultimate trick of getting rich with crypto, but it is not the same with stocks, they take a long of time to even appreciate in value and that's if the company survives and succeed.

I would rather invest in Bitcoin and maybe a few percentage of my money in one or two casino tokens, an easy way of making money, once Bitcoin reaches a new ATH it's a good time to start taking profits, and generally, all good and bad coins that survived the bear market will take a run anyway.

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April 19, 2024, 11:15:14 AM
 #29

It's not safe to invest in casino bankroll because you can't tell which one will survive
While this is a real concern but there have been a few of them that have proved themselves to be reputable and still standing well and provided their investors with a return. No idea if they're decent but if it's about safety, that few have survived with all the calls of the market and as well as fluctuation of their customers, winners and losers.

look around you, money is slowly going into artificial intelligence, and in the next few years technology will take over, this is no doubt where the biggest money is heading, why no place yoit risks on such? AI companies will be the world leaders tomorrow not gambling.
It's another place to invest but for someone who likes to diversify and still sees that he's willing to take the risk of investing to reputable casinos through their bankroll investments, they can't be stopped.

While you're giving the idea of AI, they're oranges and apples to compared with.

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April 19, 2024, 11:40:33 AM
 #30

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.
Leaving our bitcoin as an investment in any casino bankroll is as similar as leaving our coins in a centralized exchange platform which many bitcoiners condemn, so why will Same people not think in that direction with casino bankroll. Could it be that they have been  consumed with gamble not to think so.

 There are a multiple of what if (risks) that's to be considered before going into bankroll, one of which is, Just like CEX, what if the casino got hacked and suffered from a huge financial loss, then couldn't survive the financial damage and it has to fold down.

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April 19, 2024, 12:26:47 PM
 #31


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.


This one of the correct potential interpretation on why casino ask for bankroll. But some casino usually ask for bankroll investment for the sake of profit sharing so that players will be involved on the casino once they are invested. Casino like crypto.games is a long running casino that do bankroll investment but still considered as trusted casino because of their service length.

I believe your opinion is only applicable to those new casino that doesn’t have any loyal customers but not for those old casino that already have established reputation since they already have brand to protect.

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April 19, 2024, 12:40:34 PM
Merited by Mahanton (3), Oasisman (1)
 #32

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.
Leaving our bitcoin as an investment in any casino bankroll is as similar as leaving our coins in a centralized exchange platform which many bitcoiners condemn, so why will Same people not think in that direction with casino bankroll. Could it be that they have been  consumed with gamble not to think so.

 There are a multiple of what if (risks) that's to be considered before going into bankroll, one of which is, Just like CEX, what if the casino got hacked and suffered from a huge financial loss, then couldn't survive the financial damage and it has to fold down.
When it comes to risks then CEX does have;
1. Legal issues
2. Possible hack
3. Scam exchange

Gambling casino

1. Big whale wins
2. Hack
3. Scam site

Its really just that equal i should say. When it comes to risks then its normal when doing up some investment.
Majority of sites now or gambling sites doesnt ask out any investment now since they could already have their own.
In the past there were actually sites that do allow investment, i dont know if its still available now or not.

Profit wise specially on monthly or yearly basis, i would really say that holding your coin into your own wallet would really be that more worth thant
with these kind of offerings.
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April 19, 2024, 12:51:07 PM
 #33


When it comes to risks then CEX does have;
1. Legal issues
2. Possible hack
3. Scam exchange

Gambling casino

1. Big whale wins
2. Hack
3. Scam site

Its really just that equal i should say. When it comes to risks then its normal when doing up some investment.
Majority of sites now or gambling sites doesnt ask out any investment now since they could already have their own.
In the past there were actually sites that do allow investment, i dont know if its still available now or not.

Profit wise specially on monthly or yearly basis, i would really say that holding your coin into your own wallet would really be that more worth thant
with these kind of offerings.

The only difference is you are not investing on the CEX itself while you are investing on the casino when you put your money in there.

The risk factor that you mention especially legal issues is common for both casino and exchange since they have license to operate. Casino is just not hot in the eye of regulators because the money involved is much lower compared to CEX.

But in terms of risk, it really depends on the company we are comparing since its trust basis. For example, I’d rather put my money on casino like Stake rather than shit CEX that has very low trading volume.

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April 19, 2024, 12:57:25 PM
 #34

When it comes to risks then CEX does have;
1. Legal issues
2. Possible hack
3. Scam exchange

Gambling casino
1. Big whale wins
2. Hack
3. Scam site
Casinos also have legal issues, they can restrict any jurisdictions based on licenses and gambling providers decision.

Casinos could be accused as mixer or money launder, the government can seize the sites.

Casinos are easier to run away, unlike centralized exchanges where people already know the founder, if the founder scams or doing illegal thing, he might go to jail i.e. Sam Bankman.

Quote
Profit wise specially on monthly or yearly basis, i would really say that holding your coin into your own wallet would really be that more worth thant
with these kind of offerings.
Some people choose to use money that they can afford to lose to earn more than completely hold 100%.

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April 19, 2024, 01:06:42 PM
 #35

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. Smiley

It used to be more common, as you mentioned, but these days, its less frequent, likely due to regulatory and operational complexities.

Before making any decisions, Id definitely recommend doing a deep dive into any platform's financial health, transparency, and track record. Also, consider diversifying your investments rather than putting all your eggs in one basket, especially in something as volatile as online gambling bankrolls.
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April 19, 2024, 01:38:08 PM
 #36

I invested in casino bankrolls in the past but nowadays, apart from the fact that the possibility of doing so has been reduced, I wouldn't do it because you end up losing control of your bitcoins, with the possibility of being scammed or something, and all it is for a little more profitability. After years of doing this I think it's crucial to manage your bitcoins with your private keys, although if someone is thinking of doing it with a small part of what they have it's OK IMO.

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April 19, 2024, 01:43:52 PM
 #37

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. Smiley

I am not so familiar with investing into the online casino sector. When we give money into the casino bankroll, does this mean we are actually buying a part of the casino or is it just a loan with a fixed interest rate? Purchasing equity stakes of casinos seems like a great investment, because we are going to profit from all the future returns the casino makes. As for giving loans to the casino I am a bit more sceptical. Interest rates are quite high at the moment and we can make almost risk free returns when buying high rated corporate debt. I would probably look at the bond markets first and see how much money I can make with almost no risk. The only problem is I would need to sell my bitcoin and buy bonds in USD or Euros.
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April 19, 2024, 01:44:10 PM
 #38

especially in something as volatile as online gambling bankrolls.

Can you explain how come a bankroll investment is volatile while it doesn’t change the value of your investment much since casino has small chance of losing compared of winning due to house edge.

Bitcoin investment is more volatile than casino bankroll if we just rely on the probability of winning of the house against players. It’s not volatile but it contains risk that casino might hold your assets and don’t pay you. But in terms of volatility, Casino bankroll investment is one of the safest investments in terms of profit because it provides passive income from casino profit assuming that the casino will not run during your investment period.

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April 19, 2024, 01:52:04 PM
 #39

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. Smiley
I can't say in particular, and offers like this are now becoming once in a while. Initially, let me believe that those who wanted to start online gambling businesses, especially the casino type that had little amount of money and tried in their best in a way to raise more funds by offering such opportunities in the form of a light partnership. But these days, the eyes of the big guys have opened to the opportunities in online and crypto gambling, they are well prepared and moving in their big money capable enough to settle all their needs and liabilities. This is a good way to help them totally keep the money made and not share it with anyone in the form of traditional shares.

Just be careful in your search for this so that you will not be a victim of worthless casinos. I believe the good and well-established ones must have had enough money to keep things going without needing external investment these days.

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aioc
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April 19, 2024, 01:59:22 PM
 #40

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.

If you can't find a reputable casino that offers investing on bankroll then it's not worth looking, casinos do not want to offer this and they want to gain all the profits instead of sharing it with investors.

I noticed that Bitvest stopped their signature campaign but they are still one of the longest-running casinos, if there's no one offering then you may want to try Bitvest to test their profitability.

If you find one through a recommendation on this topic, you should consider reputation over profitability before investing.


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