Hi guys I'm planning to invest my 0.01 bitcoin in this gambling website Crypto-Games.net, And I just read the FAQ about "How do investments work" and found out that my btc will be risky too same as betting in Dice.
I'm here just to know who are you successfully make profit on investing in this site.
Yes, you stand a risk of losing your btc when investing, as you will pay a part of every bet that wins. BUT, unlike betting, the edge is in your favour when investing. When betting, you have a -0.8% edge, this basically means you PAY 0.8% of every bet you make to he house as a fee (I explained it a bit more clearly here:
https://steemit.com/gambling/@seuntjie/why-botting-doesn-t-work-at-casinos) but when investing, the house GETS PAID 0.8% of every bet made on it, and that is distributed to investors according to their invested percentages.
There are variances, since you don't actually make profit on losing bets. If whale comes in and wins 100 Btc, your investment will suffer. The key thing about the investments is just to hold it for as long as you possibly can. The longer you wait, the closer you'll get to the expected profit