Post
Topic
Board Gambling
Re: Investing in btc casinos
by
mirakal
on 21/06/2017, 07:18:35 UTC
If you want to invest on casinos, pick one with a good bankroll management (for example, crypto-games) because there are times that a high roller would win x consecutive times and you will surely lose your investment in no time.
There are several problems which maybe you are not aware of mate and hence let me help you out. The first and actually the biggest danger is that the site we invest might turn scam anytime.

Secondly, there is only a house edge of 1-2% and chances are there gambler wins too. Thirdly and might be wrong, I wonder what stops site from claiming their own wins as players, I mean they pretend to be players and since they know the seed win the bets ?

All investments will come with some risks, and we should know how to manage it. Whatever you mentioned above possibilities are true, and it can happen to any trusted site. But that doesn't mean that we shouldn't invest in these casino bankrolls because these are high risk and high return investments. So instead of just keeping all your funds in any single casino, diversify and put it in few good casinos. This way you can reduce of losing all your funds all of a sudden.
Absolutely, you cannot trust anyone when it comes to investing, the risk is always and we cannot eliminate it.
Diversifying your investment is the key to minimize the risk and when risk are minimized you have a good chance to make money in the future.
Casinos are proven profitable, I mean majority of them because there are some who close but the reason is not because they are losers but maybe
because it was just mismanage or because of bad management.