Investments in online casinos
Author and source - Vitaliy Chernenko
February 15, 2017 (Investorideas.com Newswire) Investing in online casino with the cryptocurrency brings a stable income with low risk, as well as with good growth prospects, because this business is constantly gaining popularity. Before you start investing, let's take a look at the basics of the casino operation.
Bankroll - total amount of money in the casino, from bankroll casino pays winnings to players, and if player loses money, they go directly to the bankroll.
House Edge - the casino advantage over the player, usually difference between the chance of winning and loosing in one way or another for the player is 1-2%.
Dispersion - the deviation of wins in the direction of the casino or to the gamblers, usually for a short period of time.
How it works.
By investing your money in a casino, money become a part of bankroll, then percentage of the profits and losses shares in the proportion to the contribution. In the short term, because of the dispersion is difficult to predict your profits, but in the long term it is close to the amount of rates multiplied by the House Edge. Therefore, to calculate your approximate income, you must have access to the casino statistics (each online casino has different statistics, also there are many mobile online casinos, but thats a different story).
Risks of investing in the web casino.
From time to time players win more than they lose, and this difference falls on the shoulders of investors.
Cryptocurrency environment often has cases where the owners of websites with large cash flows just disappear in one day with insane amounts of money.
Also there is possibility for hacker attacks, owners arrests, etc.
My personal experience of investing.
When choosing casino, my criteria were: the reputation of institutions, the time since its operation, responsiveness and active owners, the size of bankroll, the total amount of bets a month, finding statistics available to public. After searching, my choice fell on the Crypto-Games casino, as it has been almost 2 years, shares 80% of cash flow with investors, has open statistics and making reports available to investors every hour. Below I've provided investing screenshots.
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