two asset classes that are often compared to online casinos are FX and stock investing. if your goal is to grow your wealth, you may be wondering whether online gambling or asset classes like FX are more ideal.
the bottom line is that no asset class is a surefire way to make money. Whether it’s online casinos or FX, there’s always a risk of losing your capital, and you need to choose an investment or speculation style that suits you.
- comparing the features of online casinos and FX
- advantages of growing your wealth with online casinos
- Who is suitable for FX and other asset classes?
we compare and explain the differences between gambling and asset management.
comparing online casinos to other asset classes such as FX
first, let’s take a look at the differences between online casinos and other asset classes, such as FX, which is often considered a similar asset class to online casinos.
comparison of profit and loss structures
online casinos and FX have different characteristics in terms of risk and return. online casinos are considered high-risk because profits and losses are generated based on the outcome of the game and are affected not only by the player’s strategy but also by luck.
in addition, casino games have a set rate of return, and usually the operator’s share (house edge), which means that the casino always wins overall. Therefore, while some players win on slots or table games, others lose.
fX, on the other hand, aims to make a profit by trading in the foreign exchange market. it is subject to market fluctuations and economic influences, so there is risk, but it is relatively stable compared to short-term casino games.
depending on the fluctuations in the exchange rate, there is a chance that everyone who invests will benefit, or there is a risk that the majority will lose their funds. the timing of your investments can be very important with FX.
compare the returns of online casino and FX
online casinos have some of the highest returns in gambling, with an average RTP of 95-97%. as you can read in our related article, the high returns, even compared to publicly funded gambling such as horse racing, have led to an increase in the number of players year on year.
however, the returns on FX and stock investments are even higher, reaching 99% on average. the 1% that is deducted is the commission paid to the brokerage firm. the brokerage firm’s revenue is dominated by commissions on each trade, and there is no house edge other than commissions.
because these are only average returns, it is possible to lose all your money (0% return) in the short term in online casinos or FX.
▶︎Which slots offer payout percentage and RTP?
bonus promotions pay out in both online casinos and FX
online casinos and FX also have something in common in that they both offer bonus promotions, especially those distributed by offshore FX providers, with first deposit bonuses being a common one.
- the bonus is based on the amount deposited (deposit $100, get a 200% bonus, get $200)
- bonuses from online casinos are withdrawable once you meet the withdrawal conditions (wagering requirements)
- offshore FX bonuses become the principal of the trade (part of the margin), but the bonus itself is not withdrawable
the bonus itself is not withdrawable, as the main purpose of an offshore FX bonus is to increase your principal to make it easier to make a profit, but the cushion makes it harder to lose money, which is why it is recommended for beginners.
deposit bonuses at online casinos are similar in that you can’t withdraw the bonus money straight away, but you can increase your bankroll and place wagers until you meet the withdrawal conditions. they’re also recommended for high rollers, as you can get large deposit bonuses at cryptocurrency casino sites, for example.
▷Types of First Deposit Bonuses at Online Casinos and Our Favorite Casino Sites!
advantages of increasing your bankroll at an online casino
We’ve summarized the advantages of growing your bankroll at online casinos compared to FX below. They’re easy to get into, even for beginners, so be sure to check them out before registering.
you can bet anytime, anywhere, and any day of the week
online casinos can be accessed not only from your PC, but also from your tablet or smartphone, and they are open 24 hours a day, except during maintenance hours, so you can bet at your convenience, no matter where you are.
most online casinos are smartphone friendly, so you can play in your spare time when you’re out and about or on the go. FX can also be traded on a smartphone, but there is a time constraint of only being able to trade on weekdays, and in the case of FX and stocks, weekends and holidays are closed, making it difficult to find time during a busy work week.
you can play highly entertaining casino games
part of the appeal of online casinos is the ability to play highly entertaining casino games. Some of the most popular casino games are listed below, and you’ll find that they’re just as realistic online as they are in resort-style casinos abroad.
- slot games: Packed with features, you can expect high payouts of 1,000x or more
- live games(table games): baccarat and other games where you can bet against a dealer in real time
- live shows: popular game shows like Crazy Time , Monopoly, and more to keep you entertained for hours on end
these days, online casinos have high quality games, and the rules are easy to understand for beginners, so it’s easy to get started betting.
system betting allows you to use effective strategies
compared to forex or stocks, casino games are heavily influenced by luck, but there are ways to increase your chances of winning. Effective system betting, especially on table games, is something that any player looking to manage their bankroll should be aware of.
the return rate on table games is basically no more than 100%, but by adjusting the wager amount and other factors according to the situation, you can bet with a return rate of more than 100%. Also, in slot games, we recommend monetizing welcome offers as they are valid for extinguishing the withdrawal conditions of deposit bonuses.
▷How to fulfill the withdrawal conditions of a casino bonus!
players who are not familiar with casino games can start with the free demo mode or take advantage of no deposit (free) bonuses to try out the games.
▷What is a Casino No Deposit Bonus?
online casinos are speculations that are easy to profit from in a short period of time
we sometimes say that online casinos are an investment, but to be more precise, they are speculation.
- investment: Management aimed at gaining profits in the medium to long term by paying attention to asset values, currency fluctuations, etc
- speculation: short-term gains with a gambling component
there is a difference between investment and speculation, and while online casinos are risky, it is easier to make short-term gains compared to FX.
however, it is important to understand that as a form of gambling, online casinos have risks and drawbacks that can cause you to lose your bankroll in an instant.
▼Recommended safe online casinos to play at
the Pros and Cons of Playing at Online Casinos
it’s important to note that there are some caveats and disadvantages to managing your bankroll at online casinos.
high returns but still gambling｜Risk of debt and bankruptcy
although the rate of return is high compared to other publicly funded gambling, online casinos are adjusted so that the operator can make a profit. even if it is temporarily profitable, it often becomes negative in the long run.
there is no plan to make money at an online casino, and it’s clearly reckless to finance it, even if it means going into debt. it’s common to see information products on social media, such as “100% profit in live baccarat” or consulting services that claim to “teach you how to win at the casino”, but it’s best not to believe them.
the most important thing is to play in moderation, knowing full well that there is a risk of debt and bankruptcy.
Unstable compared to FX or stock investing
many people have an image of asset management as a steady stream of profits every month, but to be honest, casino gaming is not that easy.
- betting limits are high and you can lose your entire bankroll in a single bet
- slot games have a high RTP, but if you’re unlucky, you’ll lose money
- table games are as much about mental as they are about systematic betting knowledge
if you don’t have the mind control to consistently win along with your strategy, you won’t be able to get a return on your investment.
if you want stability, we recommend bookmakers (sports betting), which are easier to predict than online casinos.
▷How much money can you make with a bookmaker?
characteristics of people who recommend FX asset management over online casinos
let’s take a look at the advantages of investing your money in FX over online casinos and who recommends it. Compared to casino gaming, FX is harder for beginners to get into, but with a certain amount of experience and knowledge, it’s possible to make it as an asset manager.
you can continuously gain knowledge and experience, including price analysis
Understanding how to invest can seem daunting to someone new to FX, but if you know the basics of trading, it’s relatively easy to get started.
if you’re able to study on a regular basis and have the desire to grow your knowledge and asset management skills in the future, FX is a great option. you can start with a small amount of money, so as you build your knowledge and experience, you’ll be able to earn a steady income.
if you’re looking for a short-term investment
online casinos often require a long time investment, especially for table games or bonus digestion, so they’re not suitable for people who have a busy work or personal life and can’t devote a lot of time to investing.
fX, on the other hand, doesn’t require such a large time commitment and once you get the hang of it, you can trade in a few tens of minutes a day. for swing trading, which is a long-term trade, you can place an order and settle it once and then leave it alone.
understand the risks, including currency fluctuations and stop losses
just like casino games, it’s important to enter FX with a full understanding of the risks of losing money, such as
- risk of currency fluctuations
- stop-loss risk
- leverage risk
- liquidity risk
- systemic risk
leverage is high in offshore FX, with some offshore FX providers offering unlimited leverage. And while the zero-cut system allows you to avoid the risk of debt in offshore FX, high leverage also means that you can lose your own funds in an instant.
frequently asked questions about investing in online casinos
here are some of the most common questions about investing in online casinos.
Q1. Is it really a good idea to invest in online casinos?
although online casinos are a form of investment, they actually fall under the category of ‘speculation’, which is the equivalent of gambling. you can make short-term profits, but you need to understand that it’s high risk – there’s a chance you could lose your bankroll, so it’s a good idea to tread carefully.
Q2. Which is less risky, online casinos or FX?
generally speaking, FX is considered to be lower risk than online casinos. however, this cannot be said in a blanket statement as the degree of risk depends on the individual’s skills, knowledge, risk tolerance, etc.
Q3. Is it legal to manage assets in online casinos?
the legality of online casinos varies by country and region. it is important to play in accordance with the laws and regulations of your country.
Q4. Are online casinos a safe way to manage my assets?
online casinos carry certain risks. choosing a trusted, licensed, and legal casino platform, practicing self-limitation and budget management are key to staying safe.
for more information, please visit:▶︎Are curaçao Online Casino Licenses Trust worthy?
Q5. Which is more profitable, online casino or asset management?
the ease of making money depends on your skills, knowledge, and luck. however, it can be said that asset management has a higher potential for stable returns over the long term.
so there you have it, a comparison between online casinos and asset management. Make the right choice based on your own goals and preferences.
