10 Months ago I invested $3,000 into Bitcoin Casino Bankrolls and recorded my returns weekly. Today it is worth $18,693!

in bitcoin •  last year

Week 43 Investment Results

Bitcoin Gambling Investments 10/12


We are now 10 months into our Bitcoin Gambling Investment experiment and the returns have been spectacular. The bankrolls we are invested in today continue to do doing very well. The plot at the top of this page shows on a Bitcoin basis all four sites currently invested in grew nicely with Crypto-Games being the clear stand out performance in the last week.

This month our Bitcoin investment grew 3.55% month on month on a Bitcoin basis, and an absurd jump on a USD basis (as the Bitcoin price jumped a lot again).

So in aggregate our 5 Bitcoin initial investment is now worth 7.40041 Bitcoins which is a 48% return in just 10 months. When we look at the return in USD our $3,000 initial investment is now worth $18,693 or a around 523% return (HOLY SMOKES).

A summary of the investment returns on the current Bitcoin Gambling sites held is tabulated below:

Week 43 table of returns

Again I will mention if this is your first time ever reading about Bitcoin Gambling Bankroll Investing I highly recommend you read this introduction:

Understanding Bitcoin Gambling Investments - it covers the risks, the rewards, my own experience and much more.

10 Months Of Interesting Data


Having recorded the results for 10 months now with real Bitcoins on the line it is hard not to get attached to the sites. Other investors can jump in and the specific casino has a bad week (they all can) and they lose some money and can get really upset. However in the long run a well run casino never loses, and an investor in the bankroll should expect great returns.

Unfortunately I had to change the original investments due to site issues and also BetKing closing down (but looks to be re-opening soon). So averaging out the numbers I have recorded so far, below is a list of the sites ranked from top to bottom in terms of monthly average returns I obtained:

10 month returns

Note the weekly average number is just taken by the total return over the total weeks invested. I think the above table is an interesting way to really look at the returns (especially in the longer term). As KingDice and YoloDice were late to be added but have done extremely well. BetKing was the rockstar performer but was only on stage for 16 weeks.

If you have missed the first 9 months of reports they are below:

Bitcoin Gambling Investments Start 5 BTC @ $3,000

Bitcoin Gambling Investments First Month 5.32883 BTC @ $3,203

Bitcoin Gambling Investments Second Month 5.84366 BTC @ $3,530

Bitcoin Gambling Investments Third Month 5.83987 BTC @ $4,123

Bitcoin Gambling Investments Fourth Month 5.78052 BTC @ $4,275

Bitcoin Gambling Investments Fifth Month 6.18321 BTC @ $5,907

Bitcoin Gambling Investments Sixth Month 6.44548 BTC @ $5,936

Bitcoin Gambling Investments Seventh Month 6.76204 BTC @ $8,689

Bitcoin Gambling Investments Eighth Month 7.01357 BTC @ $7,561

Bitcoin Gambling Investments Ninth Month 7.14640 BTC @ $9,433

Bitcoin Gambling Investments 10/12 Summary


Overall the total return after ten months on a USD basis is incredible! The current portfolio of KingDice, SafeDice, YOLOdice and Crypto-Games continues to do well and shows no signs of slowing down! Having the 10 months of data from the weekly recordings has been really interesting to look at and see what sites really do well. All the good sites seem to return on average over 1% a week, which would make the top hedge fund manager blush over the long run!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

wow

·

Been a crazy experiment! Bitcoin price sky rocketing has made the majority of the money though!

·
·

Yes it is, and I hope that I can also get on the train :) I use my B&W photography

·
·
·

You take some amazing photos!

·
·
·
·

Thank you!! I like B&W :)

I'm only investing in bankroll for 2 months or so, I think.
But Crypto-Games has had significantly larger gains than any other casino for me.

·

The best thing with Crypto-Games is how well they manage the bankroll, so you are not very likely to have many negative weeks there.

They also accept a lot of alt coins. I actually asked the founders if they had plans on accepting Steem.... No response yet...

·
·

Wow sweet. I also noticed you took a lot of your funds off of Polo to your cold wallet, I already made a comment on your site, is it purely because of diversification or is it something to do with Polo too?

·
·
·

Ah that is you! Yeah I responded with:

"No, I also shit myself this month as Poloniex was constantly under a DDOS attack. Mt GOX alarm bells were going off in my head."

They have your private keys at the end of the day so it is very risky still...

Your returns are totally insane! Gongrats!

·

Thanks! Totally unexpected too. I was doing as an experiment for my site https://bitcoingamblingreviews.com/ to get more attention on casino bankroll investing.

Nice article!By the way,I have upvoted your post,can you upvote my new post? Thanks

·

Thanks - following you too :)

·
·

thanks :)

good

·

Thanks!

Good points in this blog. Good to see I'm not the only one that is thinking about this. It always surprises me how people still sell when a crypto goes down. I mean just invest in solid coins and skip the shady ones. Crypto is here to stay. We do need more indept investment analysis. This is quite an interesting website I found: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there. Check for example: https://www.coincheckup.com/coins/Bitcoin#analysis For a complete Bitcoin Investment research report.

Nice returns.
I think the investment risk is mitigated somewhat if you choose a Bitcoin casino that is marked as being Provably fair:
http://top5casinosites.co.uk/payment-methods/bitcoin/