How is the online casino scene these days? Is it profitable?

[FLY TO THE COIN]

Today, there's news about the pre-sale of N-PIK online casino tokens. I'm quite optimistic about pre-sales and considering participating. I'm curious about what others think.

Especially with online casinos, the potential for profitability is known. Although the high returns come with risks, I've heard that N-PIK has obtained a legal casino license from the Ugandan government.

In addition, they claim to use the 'S2K L2' technology to provide a safe and transparent investment service. This makes me think it might be worth investing in.

If I participate in this pre-sale and acquire PIK TOKENs, holders supposedly receive 30% of N-PIK's revenue as dividends. If the revenue is $760,000, that means $230,000 would be distributed daily. This seems plausible, considering examples like the popular online casino Rollbit.

There's also mention of additional dividends through the N-BIX in Kenya, which holds a legal Kenyan license. I'm not entirely sure about this yet, but I'll have to investigate further after making an initial investment.

The main reason for participating in the PIK TOKEN pre-sale is the expectation that its value will continually rise. With a daily 5% burn of tokens, the price should increase. Therefore, buying during the pre-sale seems to be the most cost-effective option.

Let's give it a try and see how it goes together.

12.01/2023 09:00 (UTC)
It's today, and since it's a limited quantity sale, it could sell out quickly. Come quickly, everyone.

pik-swap.com/how-to?tab=buy
-> It looks like you can participate in the pre-sale on this site."

[0t3p0t]

Gambling is only profitable to governments not the gambler themselves. 😁 Taxes for operating a gambling site or stablishment is I think very high.

On the other hand if N-PIK gain popularity with proper advertisements to target consumers and investors I think you are having a higher chance of getting decent profits.

[Gormicsta]

Sounds like an amazing opportunity worth investing in, but the only problem would be if they'd actually keep to their words and do as they say, because we've seen lots of casinos that came up with lots of promises and bonuses for their customers andanyote but they failed to do as they they say, so one thing is making these promises and another is keeping to it.
But if eventually they're trusted and would keep to their words and actually do distribute 30% of their daily revenue amongst their customers then that's indeed quite pleasant and worth investing in.

[Altcoin1998$]

Nowadays gambling has spread all over the world to such an extent that people of the world have started spending a certain part of their career here. Gambling has become so popular in countries where gambling has been legalized that people have started making careers out of it. Moreover, even in countries where gambling and casinos are banned, public interest in online gambling is currently increasing. However, there are some casino companies that are commercially running pre-sales/sales by creating their own tokens. Thus gambling and casinos around the world are taking commercial form in crypto currency.

[vs2014]

In fact some aspects of gambling have invaded the people due to which almost working people now rush to gamble whenever they have the time and opportunity. However people are not afraid of the government because of online gambling so people in countries where gambling is banned have become addicted to online casinos. Casino crypto currency is the best commercial form now because they are entering the market with their own crypto tokens and constantly they are following new development programs that attract a gambler.

[Wiseman]

A casino is not the right choice in buying a token from them for investment, often the creators of the casino do not keep their promises and how with this project this burning could be fake and all the profits from the sale of tokens will simply be taken for themselves, of course, whoever believes in miracles then go ahead, but you have to be It’s more reasonable to understand who the casino owners are and who the blockchain developers are and who is more interested in popularization and it’s better to believe the developers. But if you are a casino player, then maybe it will be beneficial for you.

[Youngkhngdiddy]

Nowadays gambling has spread all over the world to such an extent that people of the world have started spending a certain part of their career here. Gambling has become so popular in countries where gambling has been legalized that people have started making careers out of it. Moreover, even in countries where gambling and casinos are banned, public interest in online gambling is currently increasing. However, there are some casino companies that are commercially running pre-sales/sales by creating their own tokens. Thus gambling and casinos around the world are taking commercial form in crypto currency.

Gambling has now become an activity of public interest. It's a fact that the intensity has increased unlike before when people weren't so concerned about it. Currently, after every income earned and a plan is set as to how the expenses would seem, there's always a percentage allocated to gambling. Even if the consequences of the act is preached unendingly, there's just this money doubling or expansion zeal in people.
  It started off offline with just less people so into it, the advancement came and now it's easier done online, which even beckons more people to give it a try. Surprisingly, both genders are involved in it and the rate at which people fall into the act increases rapidly. It's very much easy to understand online too. Yes there's always a disclaimer on the age brackets to be involved in it but at the moment, I believe there's no restriction, most people do it online and definitely there's no room to predict if the gambler is unqualified in terms of age.

[gunhell16]

If you mean profitable for gamblers, my answer is no. If there is anything that becomes profitable, it is only for the owner of casino gambling and the government of each country that allows it to be legal in their country.

But with gamblers, it is not the case; instead, the majority always loses because the owner is the winner. There are only a few who win here, and those are the ones who are lucky enough to play gambling, to be honest. But you will be surprised, even though most gamblers know that they always lose the game here.

[Martyns]

Online gambling these days is very draining,they have a way of taking your money without you realising they are finishing you.When I started online gambling,I thought it was better,but after playing alot of games and losing alot of rounds,I discovered that the online Cassino is even worst than going to a casino hall.However,there are some persons it favours,,because there are some persons who win much money from when they gamble online than when they go to a game center. I cannot say how much I have profited from online Cassino,because I have lost more money there.

[xSkylarx]

Online gambling these days is very draining,they have a way of taking your money without you realising they are finishing you.When I started online gambling,I thought it was better,but after playing alot of games and losing alot of rounds,I discovered that the online Cassino is even worst than going to a casino hall.However,there are some persons it favours,,because there are some persons who win much money from when they gamble online than when they go to a game center. I cannot say how much I have profited from online Cassino,because I have lost more money there.

Maybe because we can gamble easily, that is why we lose more. Unlike the physical one, we need to go there and bring money with us, so we will rarely visit a casino, which also means lesser losses, unlike the online one where every time we have free time or not at work, we will be doing some gambling which means that we spend money on a daily basis on bets. You can't say that gambling is profitable as it is a business and entertainment, others are just too professional or lucky to profit from it.

[robelneo]

I don't know your casino-based token, but I prefer to answer the question in your title

How is the online casino scene these days? Is it profitable?

I believe it's very profitable now, online casino is a multi-billion dollar industry, one proof is that a new casino is launched almost every week, although the competition is very stiff, there's always room for new players in the industry, the new casino only need to do the right thing to be competitive like launching a massive advertising campaign in many venues, establishing its reputation by addressing all concerns and accusations of their players, the gambling community is more than willing to welcome new casinos as long as they serve the interest of the community, and they are not greedy for profit.

[gunhell16]

Since when did gambling at the casino become profitable? Isn't winning here just pure luck? That's why other gamblers' intentions are usually pure entertainment. Maybe gambling is only profitable for those who aspire to be a source of income.

But for me, gambling will only be profitable if you are always lucky in gambling, but there is no such gambler who is always lucky in gambling, is there?

[EluguHcman]

Gambling is only profitable to governments not the gambler themselves. 😁 Taxes for operating a gambling site or stablishment is I think very high.

You are right, the government has a dividend from the gambling sites. They pays for approval permits including taxations. I am even insighting that the government has monitoring agency representatives on each gambling platforms inline that they are concerned about the gambling sites paving gamblers welfares. This could be called a cooperative affairs to my best of insightments otherwise Contrarily to comply to the DOs of the governments orders craves for the gambling sites sanctions by the government.
However, the gamblers stands a probability chances to profit while gambling but on highly risks of insurances at where it is termed a game of luck.

[gunhell16]

Gambling is only profitable to governments not the gambler themselves. 😁 Taxes for operating a gambling site or stablishment is I think very high.

You are right, the government has a dividend from the gambling sites. They pays for approval permits including taxations. I am even insighting that the government has monitoring agency representatives on each gambling platforms inline that they are concerned about the gambling sites paving gamblers welfares. This could be called a cooperative affairs to my best of insightments otherwise Contrarily to comply to the DOs of the governments orders craves for the gambling sites sanctions by the government.
However, the gamblers stands a probability chances to profit while gambling but on highly risks of insurances at where it is termed a game of luck.

You are right there, but if the gamblers themselves are asked if it is profitable, I can answer that it is not, because most of the players in a casino are losers, and even if they lose a lot in the game, they still continue to gamble, and maybe that is because they enjoy gambling or they chase their loss so they can get it back.

This is what most casino players often do, especially if a gambler is rich, because if a gambler is not rich, they will for sure appreciate every dollar of what they bet on gambling.

[Jamal Aezaz]

@Op if everything you mentioned are true and they will really deliver what they promised then investing in their token might be  a good idea. but only invest as much as you think you can afford to loose. because most of the times these new projects make a lot of promises to hype their project and lure investors, but then end up become clear cut scam, or start making excuses and delaying project development. I've seen a lot of projects like that in the past so be careful.

Gambling is only profitable to governments not the gambler themselves. 😁 Taxes for operating a gambling site or stablishment is I think very high.

On the other hand if N-PIK gain popularity with proper advertisements to target consumers and investors I think you are having a higher chance of getting decent profits.

Gambling is profitable for casino owners too. more profitable for them,  after all they are running the business, they pay only 20% to tax maybe and keep the 80%.