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:
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:
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!