Hi ! I would like to know what are the risks involved in investing in gambling sites like moneypot or other cryto casinos. Do people profit in the long run ? And what is an estimated amount of profit generated by it ?
technically speaking you should make profit in the long run. for example in a couple of months you must make profit because the house must always win otherwise they will go bankrupt there is no argument there.
but the problem is that you are trusting a third party with your money, so they can run away. or even worse they can manipulate the stats so that it seems like the casino has lost so they pay less to the investors while themselves are earning more.
and remember that manipulating stats has nothing to do with provably fairness because it is the total stats not individual.