Gambling Site's Investing (Is it worth it?)

[carlfebz2]

I havenot invested myself but I have seen some youtube videos and I am pretty much amazed by this opportunity actually. Investing in a casino house is even better than investing in any other companies or even equities or gold or crypto itself because, the house always, always in the long term, wins. Because of the house edge!

House always win, yes ., but before you can feel out the profits generated by these gambling house investment you would really need some big amounts for it to be felt.
If not, then you would earn pennies but if you do prefer on less risky then this is also a good choice and this cant be compared with equities or other traditional investments
on real life.Try to compare out their percentages here and on the outside, you can see the difference.Worth it for those people who dont matter much on big returns.

[TheUltraElite]

When you made your investment back in 2016 how did you find out about it?
Did the site advertise they needed investments, where you referred by someone, did you come by it by accident...?

Another user on this forum had told me to visit the site and check out the less house edge compared to Primedice. So I did so and even though the site design seems much less attractive than PD, I was interested in the investment feature and used it than roll anything. I feel it is important for a bankroll investor to be a strict non gambler but should know clearly how the money is made and lost in gambling. Affiliate marketing and bankroll investment are the two important EV+ profit possibilities in a casino where other EV+ games not available.

-snip-

Its all good we are having a coffeeshop debate here after all, no hard feelings.

[Finestream]

In general view maybe yes since gambling sites are profitable and therefore you will also be profitable.
However, the question is, are you okay with a small percentage of profit you will make and are you willing to risk big money if you aim a higher profit?

The thing is, though in general they are profitable but it doesn't mean all gambling sites are profitable, and take not, not all gambling sites accept investments from outside, especially those sites that are already established like stake.com, sportbets, and nitrogen sports, even prime dice.

[Question123]

Yes I invested gambling sites and If I got only small profit you why? I invested small money.

Investing to their bankroll is good as long as your money is very high and also the gambling sites are legit because if the site is legit you lose money. I withdraw all my money to the bankroll because I already invested it to the altcoins and bitcoin because for me that is more worth it than investing to the gambling site to their bank roll but better if you have that two investment .

That is my experienced and my opinion and If you think Im wrong please correct me.

[XCANA]

I invested to the gambling sites before and I got a good profit but it is not a lot of money because my investment there is not big.
If you want a big profit you need to invest a lot of money too because the percentage that offer of the gambling sited is very big I think few bitcoins is enough to fullfill your profit you need so you can say investing in gambling is worth it.

Merely looking at the investment you did, you made a very short-term investment and shouldn't expect much gains from your investment. Even in trading, you will not have a profit you desire if you only invest little amount of money in the trade. Personally, I love going into a long-term investment because of the huge profit derive from it.

[alani123]

Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.

[MWesterweele]

I invested to the gambling sites before and I got a good profit but it is not a lot of money because my investment there is not big.
If you want a big profit you need to invest a lot of money too because the percentage that offer of the gambling sited is very big I think few bitcoins is enough to fullfill your profit you need so you can say investing in gambling is worth it.

That could be good if you invested in a successful casino or gambling site, because there are some sites that aren't sucessful due to some reasons that they are not competitive enough among its competitors, they are having small number of gamblers and clients. I think investing in a gambling site is quite good, especially if that casino is legal, have some unique feature than other gambling site, you need to take a risk, more than the risk you are taking when playing gambling, expect a high taxes too, if your country is also giving taxes even an online casinsos.

[milewilda]

Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.

This is part of the risk even we do invest and believe too much on "house always win" , not all the time and as said which a certain whale on a particular day will easily sweep out big wins if lucky enough.
Of course it would really have negative effect into its investors and the fact these kind of situations are mostly hated by Casinos or gambling sites.Imagine on waiting up for an entire month for making profits
but ending up none because the house is negative? It would be much worth if we do find for other investment alternatives.I wont even recommend this one.

[ralle14]

So does anyone know why the (dis)investing fee rate is always the same : 2%?   Not 1,5%, not 2,5% or 3% but always 2%?  
Is there a specific reason? A kind of common agreement between the platform or it's something else? TYVM

The divest fee for gambling sites aren't always the same, I guess why the 2% was mentioned because the top site listed on dicesites like bustadice have a 2% fee.

On crypto games the divest fee is very low less than 1% and only lasts for 21 days after that you can pull your investment out without paying any fees (source).

[mu_enrico]

Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.

This is part of the risk even we do invest and believe too much on "house always win" , not all the time and as said which a certain whale on a particular day will easily sweep out big wins if lucky enough.
Of course it would really have negative effect into its investors and the fact these kind of situations are mostly hated by Casinos or gambling sites.Imagine on waiting up for an entire month for making profits
but ending up none because the house is negative? It would be much worth if we do find for other investment alternatives.I wont even recommend this one.

The house will always win in the long run because of HE, and this is proven mathematically. However, it doesn't mean that investors won't carry business risks just like what @TheUltraElite said, mainly about mismanagement and embezzlement.

If you really (repeat it 99x) trust the casino, then perhaps this kind of investment is for you.

[mersal]

Yes it is worth,some gambling sites even can give profits nearly about 7-8% per year.

But if you are going to compare the returns with day trading activities then it looks trading is far better idea to invest cryptos but not everyone have time to trade with their funds so they choose something passive like gambling sites.

[Zicadis]

Yes it is worth,some gambling sites even can give profits nearly about 7-8% per year.

But if you are going to compare the returns with day trading activities then it looks trading is far better idea to invest cryptos but not everyone have time to trade with their funds so they choose something passive like gambling sites.

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.

So long as the dice site has a sufficient number of players and good turnover, as well as robust maximum bet limits, the house should always win in the long-run, even if a whale gets a crazy lucky streak.

[mersal]

Yes it is worth,some gambling sites even can give profits nearly about 7-8% per year.

But if you are going to compare the returns with day trading activities then it looks trading is far better idea to invest cryptos but not everyone have time to trade with their funds so they choose something passive like gambling sites.

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

This just an approx value,there won't be fixed returns from the gambling bankroll investments,it all depends on the wagered amount.So higher the reputation of gambling site then more chances to get yield from investing there.

[inthelongrun]

Few years ago house investing on gambling sites are somewhat popular due to good profit. Now I seldom heard on people doing it. Most gambling sites aren't offering investors too. Some are still accepting investors but are lowering the investors share of profit. If I have ample of time to manage my funds then I will definitely do it. Even 5% income per annum is still good knowing that banks cannot offer that kind of interest.

[pixie85]

I havenot invested myself but I have seen some youtube videos and I am pretty much amazed by this opportunity actually. Investing in a casino house is even better than investing in any other companies or even equities or gold or crypto itself because, the house always, always in the long term, wins. Because of the house edge!

That's true but the risk doesn't lie in the profits of the casino itself but its legitimacy.

If a casino owner decides to bail or loses the money somehow, or goes bankrupt due to bad decissions, or get hacked, you'll lose everything. In the fiat world this is a good opportunity because fiat is easier to trace, but with cryptos it's still risky and the profits aren't very high.

[rexxarofmoknathal]

Few years ago house investing on gambling sites are somewhat popular due to good profit. Now I seldom heard on people doing it. Most gambling sites aren't offering investors too. Some are still accepting investors but are lowering the investors share of profit. If I have ample of time to manage my funds then I will definitely do it. Even 5% income per annum is still good knowing that banks cannot offer that kind of interest.

I think this is because there are now a lot more alternatives that involve a lot less risk.

For example, there's a bunch of collateralized lending platforms out there now, most of which are well-reputed and offer more than 5% interest. Because of this, why invest in a bankroll that could get tanked by a whale, when there's safer and higher profit options now? Doesn't make sense.

I guess this is why so few casinos offer this option now.

[finaleshot2016]

I haven't invested yet but probably, few people earn profit through gambling sites. It's also a risk you will take on a gambling platform. Devs just put investment to attract more users to their platform since it's one of the benefits but basically, the main attraction of a gambling site is the game. There are too many gambling sites out there and some of its investment is too good to be true so it's very hard to tell if you're really gaining profit there. Some are legit, you can earn a lot but it takes time.

[janggernaut]

Yes it is worth,some gambling sites even can give profits nearly about 7-8% per year.

But if you are going to compare the returns with day trading activities then it looks trading is far better idea to invest cryptos but not everyone have time to trade with their funds so they choose something passive like gambling sites.

Which sites provide a yield of 7-8% per year? Do you have any links or sources to verify this information?

This just an approx value,there won't be fixed returns from the gambling bankroll investments,it all depends on the wagered amount.So higher the reputation of gambling site then more chances to get yield from investing there.

Yea that's correct, there is no fixed return in gambling. Whatever you gamble or.invest your money, it's still depends on some other factors. In investing, you can earn profit if there are lot of gambler lose their money on gambling sites (you are playing as the house), but if there are few gambler who won huge amount, then your investment will down since they are taking your investment as their profit

[bering]

Investments like this are very popular several years ago even people says this could be good solution if people want to seeking passive income because monthly interest seems quite high but eventually people leave it because some of casinos which have this option has decide to closing their service because lost to compete with other casinos and can't pay profit sharing again but lately seems very rare to the casinos available for this options because i'm sure this not profitable for them

[matchi2011]

Investments like this are very popular several years ago even people says this could be good solution if people want to seeking passive income because monthly interest seems quite high but eventually people leave it because some of casinos which have this option has decide to closing their service because lost to compete with other casinos and can't pay profit sharing again but lately seems very rare to the casinos available for this options because i'm sure this not profitable for them

Though there's still gambling business who accept investment but the outcome is no longer the same from those previous years of this types of passive investment. Most of those investors are only getting break/even or some are losing value of their investment. And since it's taking time before you can calculate your profits sharing your money will be stuck from the casino bankroll. You need to wait for some time before you can really calculate whether you are in positive or negative position.