Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
iv4n
on 05/10/2022, 21:11:49 UTC
You can imagine this. You get A few dollars worth of dividends but you are loosing hundreds dollars from your capital that being used to invest in gambling token and then without capital gain any token will always become a horrible choice.
Token being create as a way for people to invest in the gambling platforms too.
If for the purpose of getting dividends then you have to consider the risk of holding gambling tokens because they are not stable tokens and gambling tokens are very low in volume so they can crash at any time, so hunting for profits from dividends is not effective compared to the impact of losses and is better for short term trading despite getting low profits.

Curious George you are losing because it's not your night, it's gambling! In some casinos, you can "lose" the same amount and get nothing in return, with dividend-based casinos you will get at least something! I guess that you will think that you could wager more with that amount, you would have more tokens and your daily payouts would be higher, only if you played a bit smarter! Been there, done that! But the reality is if you have enough tokens for staking you can have some nice daily income, and that lasts for a while. Dividend-based casinos are practically new, with just a year or two behind, but some of them are still here and I think they will stay around.