Post
Topic
Board Gambling
Re: Investing in btc casinos
by
Bitfort
on 27/11/2017, 10:33:12 UTC
Just be very careful when it comes to investing sir some of the sites were scam.. I would rather suggest that you'd take ur investment in coins trading that is legit and patronized by other people.. Thank you.


Choose well reputed casinos, those that are already here longer. Also, don't expect too much, a fake/scam gambling site(if there is any, I don't see one yet) would be offering bigger ROI compared to those regular casinos.

In my opinion it is worth it to invest at those casinos, it is like you are still gambling but with lesser to no effort and just waiting.

I don't think any casino bankroll investments will give any ROI because there is no guaranty that whether you make profit or loss from this investment. It may take few days or few months or year to reach your targetted profit in these casino investments. If more and more gamblers lose money then your profit % will go high but if gamblers win then you lose so this also depends on your luck and profit-making chances are high compared to gambling.

I don't agree with you. If the casino operator has intelligently managed the investment bankroll (i.e. not making max bet too high), there is ZERO chance, over the long term that you're going to lose money, barring other external risks such as the owner being dishonest, or the game not actually being provably fair (e.g. due to a hack). The house edge will always ensure over the long term, investors make money.

Agree, there can be some lucky winners reducing the bankroll in short time frames ( like yolodice at the moment ) but as long as there is sufficient bankroll management (as mentioned in your post) it's not a big issue for long term investors.

Have you checked moneypot site bankroll condition? Many investors lost money by investing in that bankroll. Either you make a good profit from these investments or you will lose all your funds if you don't check your investments on a regular basis. If casino can't show signs of recovering the losses then you should come out after reaching certain % losses.

Yea, that was IMO the result of poor bankroll (or entire site) management. (haven't paid special attention to that issue so I could be wrong).

My opinion is  they provided some unsutainable jackpots or similar promotions (violating the very basic rule "you simply can't let users to win significant part of bankroll in single game"  because some super lucky user could wipe the bankroll out ) which then came out of controll or it was result of poor review when accepting third party apps (which could have some back doors, no housedge or w/e).

But I second the opinion about constant monitoring and when something looks fishy leave asap.