1. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
  2. By continuing to use the site, you agree to the use of cookies. You can find out more by following.Find out more.
    Dismiss Notice
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

someone playing investing games?

Discussion in 'Online Casinos' started by goldbidder, Jan 30, 2005.

    Jan 30, 2005
  1. goldbidder

    goldbidder Dormant account

    Location:
    .
    Hi,

    this year I decided to search the web for something how to make some money. Found lot of forums and sites, mosly nothing interesting. Im not lucky in casinos - never win a lot, mostly lost all :(
    So i was searching for something more secuire and found investing games. Its needed to pay money and then every day i receive interest (some paying 5% per day), im playing with few of these games (with few hundred $, just to test). In investing related sites all ppl so optimistic about it and saying how much they are making, but its just few hundred ppl, I wanted to know if someone else tryed that kind of games and is it good idea to play with thousands $? I really want to double that money but will be very upset if ill lose. Any ideas?

    Thanks
     
  2. Jan 30, 2005
  3. Simmo!

    Simmo! Moderator

    Occupation:
    Web Dev.
    Location:
    England
    Sounds like fun. But at the end of the day investing is just another form of (legalised!) gambling. The only advantage is that it can involve a little more skill...well a lot actually...so if you do your homework and you are intelligent enough in the markets you can win, and of course there is no "house edge".

    As long as you remember "What goes up must come down", as they say, unless you work at NASA when this isn't always logical.

    Personally I'd be inclined to bet currency markets, in particular on the dollar. Looking like a good bet for an uplift ;)

    Cheers

    Simmo!
     
    Last edited: Jan 30, 2005
  4. Jan 31, 2005
  5. Black21Jack

    Black21Jack Dormant account

    Occupation:
    Courier driver
    Location:
    Toronto, Ontario, Canada
    If you are talking about HYIP's (High Yield Investment Programs) my suggestion would be stay away! stay far away!! These are the programs that promise to pay you anywhere from 5% - 30% a day on your investment and almost all of them will only use e-gold to fund the accounts. These programs never provide names, addresses, phone numbers or any other information about their operation except that they invest in forex markets (foreign exchage) and things like this. They want you to just deposit your money via e-gold and then expect to get your interest every month, and most of them do not have a members webpage where you can view your account balance. I have been following these programs for quite sometime and I can say that 99% are a ripoff scam and I have watched them all fold and the website go down. What they do is get investors in the beginning, who are most likely to deposit the minimum of $20 - $50 just to try it out. They are able to pay the 5% - 30% using new money coming into the program from other investors (there are no investments being made) and when people are all pumped up and excited because they are getting the interest on the small deposit they report that the program is 'good' and 'paying' on the various HYIP forums on the net. This gets the investors to deposit more money in the program. Shortly after they are shocked to go to the website for the program only to find an 'under construction' or 'site is down for maintenance' message. They are all pretty much scams. Stay away from HYIP's especially if they promise you 5% - 30% a day which is impossible even if they were trading in forex.
     
    Last edited: Jan 31, 2005
  6. Jan 31, 2005
  7. goldbidder

    goldbidder Dormant account

    Location:
    .
    Thanks for your suggestion. Yes I mean that kind of games, but I didnt call them High Yield Investment, because these online programs are not licensed company.
    If 99% of hyip games are scams, does it mean that 99% I will lose or is it posible to win? Any way i dont like that word "scam" - when you play and win its ok but if you loose why to call it scam?
    Can you recommend something better then casinos and investament games, where i could double my money fast with minimal risk and almoust no work?

     
    Last edited: Jan 31, 2005
  8. Jan 31, 2005
  9. goldbidder

    goldbidder Dormant account

    Location:
    .
    Thanks for your reply.
    About NASA its funny :D
     
  10. Jan 31, 2005
  11. Black21Jack

    Black21Jack Dormant account

    Occupation:
    Courier driver
    Location:
    Toronto, Ontario, Canada
    I say scam because they are scams. They set up to get investors to give them their money and then they shut down the website and STEAL the money, making them scammers. When you lose money in these programs it is because the operator has stolen the money. If you put your money in a casino and you place a bet on Blackjack, and the dealer gets 21 while you get 18 you have lost your money on a legitimate bet. If you put your money in a casino and then the next day you try to log into your casino account and cannot, only to find out that the casino has closed and the operators have dissapeared then you have been scammed, or ripped off. This is the same as what I meant when I explained about the HYIP programs. These programs are not set up as games, the people who run the programs are giving the impression that this is a legitimate investment in forex or other investment vehicle, and not a game. As far as doubling your money, it depends on what time frame you are talking about. Do you want to double your money in a few days, or weeks or would you like to double it over the course of a year? I can PM you with the link to an investment company that has posted returns of 80% - 100% per year. It is called Feeder Fund and is 100% legitimate. Let me know and I will send you the URL.
     
  12. Jan 31, 2005
  13. goldbidder

    goldbidder Dormant account

    Location:
    .
    yes, if these programs just take my money and disappear, they deserve to be called scamers. :( Last few weeks everything was looking good now im worried how much ill lose. Thank you for explaining how it works, now cartanly i wouldnt risk to play with thousands $.
    I was thinking to double it withing few months or half year. But one year not bad too. Please PM me more details about Feeder Fund, does they accept bank wires?
     
  14. Jan 31, 2005
  15. Black21Jack

    Black21Jack Dormant account

    Occupation:
    Courier driver
    Location:
    Toronto, Ontario, Canada
    Check your Private Message inbox, I just sent you a message.
     
  16. Feb 2, 2005
  17. Mut3

    Mut3 Dormant account

    Location:
    Greece
    I'm also interested in investing money (just some casino winnings, not too much).
    Maybe you could share with me a few good places with reading material and the url of Feeder Fund and other similar things.
     
  18. Feb 2, 2005
  19. Black21Jack

    Black21Jack Dormant account

    Occupation:
    Courier driver
    Location:
    Toronto, Ontario, Canada
    Check your private messages Mut3
     
  20. Feb 2, 2005
  21. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    According to last Saturday's Financial Times, Bill Gates is betting on the dollar to fall. We'll see who is right. :)
     
  22. Feb 3, 2005
  23. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Or there could be some tactical misinformation going on over there for fun and profit....!

    Interesting thread - it's stimulating to interact with the wide cross section of experience and talent that is present on this forum.
     

Share This Page