Post
Topic
Board Gambling discussion
Re: Gambling Site's Investing (Is it worth it?)
by
amishmanish
on 07/02/2020, 10:07:33 UTC
When I first saw the thread I though you were talking about investing in new gambling sites who are just starting out. I thought to myself how is that any different from ICO/IEO.
I am glad to see well renowned names on that list.

Just to make sure I understood the site properly. The first site that needs investments is bustadice. A total investment of 4,926 BTC is needed which can make the investors a profit of 1,278.7 BTC.
Did I interpret this properly?
That BR means it is just the bankroll amount. That is the money the site has which investors have invested to support the betting operation for site. On this investment, the profit made by investors since the beginning is 1278 BTC.
That is not the investment needed. That would be humungous. Though what i don't get is then why wouldn't more and more people be doing that? Like Ultra mentioned in comment above,a 50% return in a year is huge. (though not in 2016 surely  Wink).