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

[Abiky]

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

Yes. Investors did make a lot back then when crypto gambling sites allowed bankroll investments. The one under my sig was the most profitable. Unfortunately, it no longer provides us the option to invest in its bankroll. I believe the main reason why most gambling sites stopped doing this was because of strict government regulations. They're afraid to get "flagged" by the government once they allow bankroll investments without KYC.

I dunno. I guess we'd have to find other options to grow our BTC. I've read Freebitco.in is giving around 4% APR for Bitcoin deposits. It's not a gambling site, though.

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

Me too. I often saw the opportunity to invest directly into Crypto Games' bankroll, but was hesistant to do so out of fear from getting scammed. I was just getting started in the world of crypto and didn't know much back then. As a result of getting ripped off from cloud mining programs, I was skeptical about investing in a crypto casino's bankroll. Totally regret not doing the right thing in the first place.

Nowadays, it's hard find a gambling site which allows us to invest into its bankroll. I feel obliged to look for other options.

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[ethereumhunter]

Yes, investing in casino still exist and runs but we may don't knows if that is worth to do or that will not gives profit to us. We can try to knows about that but if you really wants to try, you needs to use the money you can afford because we don't knows if that way still works or not. Bitvest is one of the site that still runs investing programs until now but I don't knows much about the programs. Maybe you can try by yourself so you will knows the results.

I recommend you to keeps your bitcoin in your wallet and waiting for the bull run comes. We may see bull run happens after halving or in the next months so it's better we prepare our bitcoin to sell at the high price. We can only suggest you to be careful if you really wants to try to invest your bitcoin in a casino.

[dansus021]

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.

Hahaha the good old days frennn I actually remember back in 2015 there is a site that you can invest directly to their bankroll and it called bitdice.me if I don't mistaken and the APY is around 10% but it is not fixed and can change almost every day.

Same as you today site is not offering us to invest directly to their site it simply because they didn't need our money I believe. The only site that I know is bitvest and moneypot but moneypot is already merged with bustabit so only Bitvest that left and maybe in the future they are gonna closer their investment since I just saw their cold wallet with bunch of BTC ETH and LTC so maybe they didn't need investor in the future

[2Pizza410000BTC]

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 do not value and accept investing in any casino bankroll because investing in casino bankrolls is very risky. If someone needs to invest in bitcoins, keep the investment in your own wallet, even if there is no additional income, your investment will be very safe. Casino platform can cheat people anytime if cheat once then all your money will be destroyed. So earn less without demanding more and still be safe. Casino platform scams are constantly being created so stay away from all these extra income and stay safe.

[wiss19]

Depends on the casino and the money you are putting in. I personally believe that considering the small amount of capital that I have, just invested into bitcoin and that's it would be enough for me, because I already have not so much and even if I put the whole thing in, I am risking way too much for not that much of a return.

However, if there is a great casino that you trust a lot and assume that you have enough money that you could invest in other things as well as into this, then yeah this could be a diversification that you could use. It has to be a great casino and you have to make sure that you could stay for too long because there could be moments when gamblers could win, so you need to be able to wait a long time for it to recover.

[Alphakilo]

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).

I didn't know casinos allowed people to invest into their bankroll.
The casino in your sig is crypto games. Did you invest in their bankroll at the time they had the option?
How is one able to tell if they have this type of option. I have read through the FAQ on some casinos which is where I thought this option would be but I didn't find anything about investing into their bankroll.

[coin-investor]

The top casinos in the industry are not offering this even if one casino is offering to invest in their bankroll you should still check their profitability and reputation in the industry, don't invest for the sake of investing, you mentioned Bitvest, which is still good but activity is not good, but once they continue their campaign here in Bitcointalk activity could pick up again.

Instead of investing in casino bankroll I recommend investing in casino tokens that you can stake, Rollbit or Fun token, or BFG I'm doing good staking BFG and I got daily rewards and I'm looking to add more.

[Slow death]

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.

Most people have already talked about this, and I also agree with them when they say that investing money in the casino is not worth it and I believe that even in the past the profit was very low for the very high risk that investors were taking. It wasn't worth investing in the casino either. We are in a very volatile market, so why would people stop investing in bitcoin in the long term and place their bitcoins in a casino and wait for a long time to make a small profit and at the risk of the casino going bankrupt and losing everything?

the casino doesn't do magic to multiply money and pay investors. so when or if 10 people invested 1 bitcoin each in a z casino. This casino would take these 10 bitcoins and what would it do with them so that it could pay each investor with interest? If the casino allowed people to bet with high amounts using investors' money as a guarantee that it could pay people who bet with a lot of money and win, the casino would be taking a high risk because even though the house always wins, there are rare cases in which that a person can be lucky enough to win 50 BTC and if the casino paid the 50 BTC using the investors' bitcoins and then there were no more players who played with a lot of money then the casino would have a high risk of being accused of scam when the investors did not were paid. In my opinion, it is a big risk for a casino to accept people investing in the casino to earn a profit at the end of the agreed time

[Hatchy]

A lot of these new casinos are now backed by big companies and Investors so they no longer operate using bankrolls. I still remember some casinos I used to play back then though their return rate was quite low but it was worth the while. Most of these new casinos no longer survive for long and I've seen quite a good number of them creating businesses under other platforms just to make sure that they have big supports. In the past bankrolls use to be another way to get returns yearly. But since most casino no longer needs them, I guess just few offers it. It might still be worth investing in them but just few casinos still has such functions and with low activities on their platforms.

[robelneo]

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.

Since there is only one that offers to invest in a bankroll out of hundreds of existing casinos I don't think it's worth it in 2024, they prefer to have all the profit and not share it with investors they find it more profitable if they have high rollers playing in their platform, so they concentrate on marketing, if you want profit sharing Funtoken and BFG share their profit by staking their token.
This one is worth it is like investing in a casino also.

[Dr.Bitcoin_Strange]

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.

Oh wow, I don't use Bitvest, but I know it is an old casino that runs its promotion on the forum too. I don't know if the casino has a bad reputation for not releasing investors money, but I don't either like how the site looks. 

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.

Some years ago, it was common among casinos, but this time around, I feel that casinos are doing their corporate effort offline. If it were something that was as common as before, then it wouldn't be unknown to so many gamblers or investors, especially those that always look for means to multiply their Bitcoin. I was not aware of it if someone had not mentioned it to me. 

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.

Don't also forget that no matter what kind of business or company one has, there are usually competitors. You are making quite a lot of sense that technology will take over, AI companies will become more successful, and investors will benefit from it, but you didn't acknowledge that because of the competition that is always in place, so many of those companies can also fail, and if someone has invested with them, it will become unprofitable and end in a loss. That's how casinos also have competitors. Before you invest, do your research on a very reputable casino; don't just invest in any random casino. You can even invest in a reputable casino, but your profit depends on the losses of gamblers. But how about when they win huge? Like jackpots?

Could it be that they have been  consumed with gamble not to think so.

In reality, even those who were not gamblers were actually investors in the casino's bankroll; some of them probably got into such an investment due to the advertisement they saw online, somewhere, or by anybody referring them. 

[livingfree]

I didn't know casinos allowed people to invest into their bankroll.
The casino in your sig is crypto games. Did you invest in their bankroll at the time they had the option?

Many of them allowed it before.

I remember that there's also a thread posted on the Gambling section with the comparison of those casinos that have this option to invest into their bankrolls.

I also remember those forum members that have posted their gains and losses with the comparison of being invested into many of these casino bankrolls.

How is one able to tell if they have this type of option. I have read through the FAQ on some casinos which is where I thought this option would be but I didn't find anything about investing into their bankroll.

It's easy, they have that tab about "invest" on their website. If they don't have it, they don't offer it.

[Fatunad]

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.

Since there is only one that offers to invest in a bankroll out of hundreds of existing casinos I don't think it's worth it in 2024, they prefer to have all the profit and not share it with investors they find it more profitable if they have high rollers playing in their platform, so they concentrate on marketing, if you want profit sharing Funtoken and BFG share their profit by staking their token.
This one is worth it is like investing in a casino also.

Just like on what we are seeing on Bustabit on which this kind of house capital investment or some sort of will really be giving out that kind of option for you take but its true that majority of them now
doesnt really asked or having no feature in regarding about external investment since they could really be able to provide on their own. There might some sites might really be that offering this kind of
opportunity but pretty sure it would really be just that a couple or even a single platform is really that been having. Yes, its true that they do love on getting all the profits that they could get.
On the question is still worth it on 2024? We do know that house do always win in the end but expect that profits or ROI would really be taking up for so long since percentage of profits isnt really just  that too big.

[Negotiation]

Not all casinos are the same so investing in casino bankrolls does not work properly. The problem with most casinos is that they don't give good returns. Understanding the need to align your bets with your existing balance becomes paramount as you delve deeper into the world of online gambling. It's about making strategic decisions, where you not only learn to play but learn to play wisely with your financial boundaries in mind potentially leading to casino games that no one will believe in unless the bankroll is successfully built therefore proceed with caution.

[LUCKMCFLY]

Not all casinos are the same so investing in casino bankrolls does not work properly. The problem with most casinos is that they don't give good returns. Understanding the need to align your bets with your existing balance becomes paramount as you delve deeper into the world of online gambling. It's about making strategic decisions, where you not only learn to play but learn to play wisely with your financial boundaries in mind potentially leading to casino games that no one will believe in unless the bankroll is successfully built therefore proceed with caution.

Well, to be honest, I haven't heard of any project like that, because basically investing in a casino is usually for other things, sometimes for tokens, for NFT tokens and for exclusive and unique casino coins, but investing in the casino as such If I have shares, I have not had the opportunity to see something like that, but if they do something like that, it would be good to invest in shares but in the most relevant casinos, the casinos that are more reliable, like stake.com, bitcasino.io, duelbits.io, rollbit, there are many in the forum, but until now I don't know, but if there has been something like that I have totally missed it, there are many programs to come out but it is difficult to keep track of everything.

Normally if there is something like this it must be another style of affiliate programs or something like that, is what occurs to me, where a person is or has the importance of a VIP member of the casino.

[PX-Z]

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.

It should be the traditional way to invest in casinos, the bankroll investments. I don't feel like crowd funding, especially if its tokenized of casinos, i feel like most of the investors are rubbed in that way.
Well, yeah, looks like most new casino nowadays have their own fund when starting its ventures and not needed of external sources.

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.

Well, that was on bustadice, yolodice and crypto-games, ancient casinos i say. It's true about having decent capital will probably have huge returns as all these investments of mine are all + profit but since the capital amount is not that huge and i feel like i was in the last batches, it looks like it's not worth it.

[johnsaributua]

Investing, especially relinquishing control of the asset and keeping it, allowing the service to manage the asset is burdensome. It is better to play with capital that is able to make me accept the loss (lose) than I bet hope on such a platform to maintain it and get a profit. Indeed, all platforms are not bad at all, some are even very friendly including the probability of being profitable just by depositing.

If possible with the signature you have it is wiser sir, because your income is re-managed in the same company. I think the security is better because it is regularly proven to give you income from the campaign. I haven't registered yet, but it looks interesting and I will try in the future. I just like to try a web casino without big expectations and be comfortable because sometimes 1 web casino has many rides to try and each of them has impressions, sensations and opportunities that are more suitable for each individual. The progress of a platform is often supported by a strong capital margin and perhaps having nativ coins for that additional sector is a good endeavour, and stay alert with any game because anything can happen.

[ethereumhunter]

Not all casinos are the same so investing in casino bankrolls does not work properly. The problem with most casinos is that they don't give good returns. Understanding the need to align your bets with your existing balance becomes paramount as you delve deeper into the world of online gambling. It's about making strategic decisions, where you not only learn to play but learn to play wisely with your financial boundaries in mind potentially leading to casino games that no one will believe in unless the bankroll is successfully built therefore proceed with caution.

That's why people must research before they decides to investing in casino because not many casinos have this feature to their members. If people can found that investing in casino can't be the same as before, they don't have to force themselves to try or they can try to invest in the casino but only use money they can afford to prevents something that they don't wants. Maybe they don't have to use investing feature on the casino, especially if they don't have much information which casino that still gives that feature. It's better they holds their bitcoin in their wallets and wait for the bitcoin price increase so they will gets the profit like they wants. We must be careful when decides something because not all we wants can becomes reality, especially in something related to the internet.

[crwth]

If you are looking to invest in the casino bankroll, I agree with you that there isn't a lot that does it anymore. It's either they already have those fundings or they just don't want to have to deal with all the hassle in producing and making sure that it won't affect their business when individuals invest. I don't think it's worth it anymore.

[bitbollo]

Hi Abiky
from my personal experiece, this type of investment can be convenient but at the same time it can easily lead to a negative result because all you have to do is catch a user's winning streak and you practically lose everything in an instant.
For a certain point of view, it was much better invest in tokens and not having btc exposed in bankroll. But just few casinos have launched their tokens.