Quote from: Wandering Soul~ on November 10, 2016, 02:26:57 PM

Quote from: apoorvlathey on November 02, 2016, 01:11:58 PM

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 ?

Risks in gambling are not really different from any other investment risks. And that is they can always run away with your money and the other investors. Second is a gambling site can always be hacked .

Yeah Most people do find it profitable since there are higher chance that the house will win unless the gambling sites players are very few.

Your profits depends on how much money you are willing to invest, the total earnings of the gambling site and the house typically takes 20-40% of their eanings and the rest will be distributed among its investors. I think the number or investors can affect your profits also.

There's a risk in every investment but if you were to ask me, I would really choose investing in a gambling sites. The probability of being hack is very low because a good gambling sites knows the risk already and they been strengthen their security as in this business trust is very important to continue to operate.