How to Gain Money at Gambling Without the Hazard
Do you think gambling, casinos and certain kinds of dice, slots and betting are a bad option for your money? Well, gambling itself is not a very reliable way to invest; you’re right here. Though it is still quite risky, we want to tell you about a good way to invest to gain a reasonable profit without the risks as with betting or gambling.
Investment in Gambling
Well, everyone knows that when a person makes a bet and wins, a bookmaker has to pay the money out of a fund which was made while people made their bets. If these payments exceed all bets, a bookie has to cover these payments on his own. This fund, which covers such losses, is called a house bank. The more house banks, the more amounts of bets are available to offer, and the more potential for profit or loss. Usually bookies make their house banks at their own but in the Bitcoin network, it is possible and very convenient to attract investment in this kind of business. That it is.
In other words, you can buy a share in such a house bank and become an investor in a bookmaker. If gamblers lose money which are provided by a house bank funds, you will get an equal share of the profits which are provided by the house bank according to your share. For example, if you invested $10,000 in Bitcoins in a house bank of a bookie. Now the house bank equals $2,550,000 therefore your share of it is about 0.39%. So, if your bookmaker will cover its bets by the bank, you will get your return in the case of bookie’s winning. Let say, if the profits provided by the house bank is $1,750,000, your return will be $6,825 minus a commission which the bookie usually takes from its investors. If a commission is 10%, your final return will be 0.351% or $6,142.50 in our example.
Keep Away from Scams!
Finding a reliable betting website, online casino or a dice platform, which is worth investing in, is the most important and difficult issue for an investor. In the case of failing, an investor can lose not just his return but all his invested. That’s why it is so important. If you want to gain money steadily without troubles and problems you have to find reliable websites. Before registration and transferring your money, try to get more information about the website. If they are cheaters and swindlers, this information can usually be found on forums and other social media groups easily.
Moreover, all websites, casinos and betting platforms can be shut down for various reasons. It is not a scam for sure because a website’s owners are not willing to fool you but if you lose your money because of some technical problems, you will not be glad of the owner’s honesty. You still lost your money and this matters. So, you also need to understand that this particular website with dice, sports betting or whatever, is really technically reliable and strong. If you lose your Bitcoins in case of a hacker attack on this website, no one will compensate your funds.
So, investment in a gambling website for a betting house bank can be a profitable way to earn money and gain capital. However, you should think carefully when you choosing a betting website or a gambling platforms, which offers you the chance to be an investor.
This kind of investment is pretty simple to understand and can be quite profitable. In the case of a reasonable and successful investment, your return can exceed 30% annually which is not bad at all. Though it looks pretty attractive, do not forget about the risks and troubles which you may face. Good luck!
Betchain: one of the best casinos in the world!
If you are looking for a bitcoin gambling site that has both sports betting and casino games on a highly secure site, you should try Betchain! Website is nicely designed and works perfectly. The all round high quality of operation and customer experience make Betchain one of leaders in the bitcoin gambling industry. Have some fun and find out for yourself!