Post
Topic
Board Gambling discussion
Re: Do small investments make sense?
by
kryptqnick
on 22/02/2017, 21:31:26 UTC
Gambling is always risky because in gambling we have only two choices either win or loose. So it is good to gamble with small investment,instead of loosing all money in gambling. Some time even with small amount of money we can make fortunes by winning jackpot who knows.

The first thing you should understand that gambling is not an investment, but it is just a game and needs to play when one is need of some entertainment. Most of the people use it wrongly to make quick bucks and end up losing a lot of money in it. But if one want to invest money in any casino bankrolls then small amounts also works, and over the time we can increase our investments.

OP meant casino bankroll investment, not depositing and playing games. That's two very different things, as investments have positive expected value and usually bring profit over the long run.

When we think about investments we imagine investors with big sums of money, so for btc casino it would be 1 or more btc, for instance. However, the minimum amount you can invest is usually 0.01btc which is only 10$. Do you think such investments are profitable but you earn small sums or maybe they don't make sense at all? Can someone explain it to me?
Small invest do make sense because if you can only afford to invest with 10$ and make a profit out of it it was a good investment even tho it isn't very much.
When you keep making profit from the 10$ that you used may get 1000$ out of the 10$ that you used to invest.

$10 doesn't make any sense if you have something like 60% ROI per year, you will just get $6 in a year.
Exactly. I figured out that in a good case scenario one could earn something like six dollars per year which is honestly not promising at all. And even if a casino is popular now, you'll need nearly 2 years to get the money back. I think in general it is okay to wait for two years. But in terms of casinos.. A two-year old casino is considered an old one. So, this means that some brand new casinos like btcdragon or penguindice can become something like crypto-games in that time, whereas the best casinos we have now can become a lot less popular or wouldn't be able to resist the temptation, close the casino getting all the money which is something that happens in Darkweb with markets.