Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
willphase
on 26/09/2013, 00:07:36 UTC

To me - 5k a day which works out as around 35% annual return is fine for me.  I don't want more than that and a corresponding higher variance.

Fair enough. I admire your clarity.  


Personally I find 35% annual return not worth the risk.

Counterparty risk and legal risks are relatively high when investing in a gambling website.

Owning bitcoins outright seems a much better risk/reward proposition to me.


the thing about a bitcoin gambling site investment is that you get the best of both, you get to keep your assets in BTC meaning you get any gains in BTC/USD, as well as any BTC gains.  But I see your point about the risks.

Perhaps the best option is the tiered investment proposal, but I worry about the complexity of the code and the corresponding chances for it to go wrong, or end up with very opaque profit calculations (right now, it's easy)

Will