Bankroll These Crypto Casinos For Big Profits

in #cryptocurrency7 years ago (edited)

CryptoPhoto.jpg

Are you sitting on a stash of BitCoins waiting for mainstream adoption and the price to rocket to the moon? While your waiting why not put those coins to work for you bankrolling online crypto casinos? Online casinos can be very lucrative. After all the game odds are in the house favor and over time the house (you) always win.

We compiled a list of our favorites and the type of crypto you can invest with.

Peerbet: Invest with BitCoin, LiteCoin, DashCoin, Memetic, DodgeCoin, ClamCoin, PeerCoin, NameCoin, FeatherCoin
Just-Dice: Invest with ClamCoin
SaveDice: Invest with BitCoin and Monero
YOLOdice: Invest with BitCoin
BitVest: Invest with BitCoin
Crypto-Games: Invest with BitCoin, Monero, Ethereum, Dash, DodgeCoin, GridCoin, LightCoin, PeerCoin

What can you expect to make on your investment? Since the outcome of a bet has a random variance it is impossible to know beforehand the rate of return on your investment in any given period. The best you can do is determine the "expected" return of a investment by multiplying the house edge by the bankroll and then by the number of times the bankroll turns over in a given period. For example if a casino has a bankroll of 100 Bitcoin and has a house edge of 1% the expected return would be 1 Bitcoin or 1%. If the wagers placed on the casino go through the 100 Bitcoin bankroll every month your would have a expected yearly return of 12 bitcoins or 12%.

Depending on your location you may experience country/region restrictions in any or all the sites. You may want to consider a VPN service. A good choice is ExpressVPN.

12/4/2017

Sort:  

Congratulations @banner8888! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:

SteemitBoard Ranking update - Resteem and Resteemed added

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @banner8888! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got more than 10 replies. Your next target is to reach 50 replies.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!