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Title: Snipie's gambling investment test Post by: snipie on June 11, 2020, 07:33:57 PM I want first to thanks Yatsan (https://bitcointalk.org/index.php?topic=5239794.0) for sharing with us his personal experience with investment in 2 gambling sites and since I invested an amount too in Yolodice and was asked to create my own topic to share my experience too so here we go.
So in Yolodice the starting amount to invest in BTC is 0.01 and I invested several hours ago what I had there which was 0.0123 which represented 0.005562% of total share (see pic below). First I got a little bit profit +0.00000732 after few hours and now it is red -0.00001406 (see pic). Just keep in mind that this amount is dynamic so it changes every couple of seconds, while writing this line it is now -0.00001544BTC with a Return on investment ROI = -0.1277 %. I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available). Just a couple of advices / informations: - I was level 2 in Yolodice and after investing I turned level 4 with a possibility to put an avatar. - You will not be able to claim faucet bonus since you already have coins in Yolodice (that you invested). - Invest only the amount you believe won't be missed since like you can make a decent profit you can also lose a considerable amount. - The much you invest, the much you ROI faster but it can also the much you lose in some cases, so do not invest more than you afford to lose. https://i.imgur.com/B5jWvR0.jpg (https://i.imgur.com/B5jWvR0.jpg) Summary: (will be updated
THE END The decision to stop the investment is taken after YOLOdice announced its closing. It is a hard moment for everyone, thank you all for your supports and I hope this experience will be useful and helpful for you. * The amount shown here is my net profit (green) or loss (red) from my initial investment. For example in June 11, I lost 0.00001544 BTC (red) but in June 12, I recovered what I lost and gained additional +0.00000736 BTC (green). ** Price estimated since I didn't check the exact USD value at the time of investing. The mentioned prices with ** are very close to the real one. Starting from June 12, 2020 I will try to post the amount added in BTC and USD at the same time according to preev (since preev seems down in week 24, I will use this service (https://bitcoindata.science/bitcoin-units-converter.html) by bitmover). Title: Re: Snipie's gambling investment test Post by: snipie on June 11, 2020, 08:08:55 PM Changes in the bankroll:
BTC bankroll
THE END Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 12, 2020, 06:22:11 AM Thanks for starting this.
I am always open to investing my Bitcoin, rather than just have them sitting on my wallet, well doing nothing. It will be interesting to follow this and see how your Investment (hopefully) grows. Good Luck! Title: Re: Snipie's gambling investment test Post by: swogerino on June 12, 2020, 06:50:06 AM I hope your test goes well and you win in the long run.However as you have already said it is a well known fact that in order to have a decent ROI on your investment you should invest at least ten to twenty times more than the amount you invested.This way the plus and minus amounts will be bigger when they change and you should hope that no big whale eats all of your money.
Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 12, 2020, 07:41:05 AM Thank you for creating a weekly investment report in YoloDice. However, it would be very helpful to see if a tabular form of data will be created when submitting a weekly report (if you prefer) to see an estimation of your loss and gains.
Like for example:
Code: [table] That way, you can easily monitor your gains and loss weekly without being confused. Anyways, that is just a format, edit the table based on how you are going to monitor your weekly or daily investment. Title: Re: Snipie's gambling investment test Post by: snipie on June 12, 2020, 01:31:46 PM Thank you for creating a weekly investment report in YoloDice. However, it would be very helpful to see if a tabular form of data will be created when submitting a weekly report (if you prefer) to see an estimation of your loss and gains. Thanks a lot, I was searching for one like this although in rare times I had to deal with tables :)Like for example:
Code: [table] That way, you can easily monitor your gains and loss weekly without being confused. Anyways, that is just a format, edit the table based on how you are going to monitor your weekly or daily investment. Can I ask someone to give you merit for your kind help? I will once available. I removed the text (which contains a mistake about the invested price/the mistake is just in the removed sentence and not in the remaining text) and replaced it with the table. @swogerino, yeah I didn't invest that much since it is my first time doing this but you can find in the first sentence of OP a link to Yatsan topic which contains 5x my invested amount. Title: Re: Snipie's gambling investment test Post by: goaldigger on June 12, 2020, 01:36:13 PM I’m also thinking about investing on a gambling site and this one can give me a lot of ideas if its really profitable or not. I just want to ask a few questions if its ok, is there any holding period when you invest on Yolodice? I mean can you buy or sell right away if you badly needed the money? Anyway, will put this thread on my watchlist and hoping to see more green for you mate! Good luck! :)
Title: Re: Snipie's gambling investment test Post by: snipie on June 12, 2020, 01:41:53 PM I’m also thinking about investing on a gambling site and this one can give me a lot of ideas if its really profitable or not. I just want to ask a few questions if its ok, is there any holding period when you invest on Yolodice? I mean can you buy or sell right away if you badly needed the money? Anyway, will put this thread on my watchlist and hoping to see more green for you mate! Good luck! :) Yeah there is a button to close the investment which is available since I started investing. Here is the text from Yolodice FAQ:Quote Investor can open and close investment positions at any time. The moment an investment is opened, the initial investment amount is exchanged for the share in site bankroll with percentage equal to the ratio of contributed funds to the bankroll fund. When an investment is closed, the share is exchanged back for funds according to the current bankroll amount. More information can be found here https://yolodice.com/#faq/investingBTW, I don't mind answering any questions assuming that I have enough knowledge about it. I am just an ordinary person discovering things like you but decided to share my experience (like Yatsan) at the opposite of some people.. Title: Re: Snipie's gambling investment test Post by: DarkDays on June 12, 2020, 05:44:56 PM FYI Lutpin used to maintain a similar thread back when Crypto.Games accepted bankroll deposits;
https://bitcointalk.org/index.php?topic=1796062.105 You might want to use his design for the thread. Would be nice to compare different bankrolls to see how they stack up in terms of returns. Title: Re: Snipie's gambling investment test Post by: snipie on June 12, 2020, 07:05:47 PM FYI Lutpin used to maintain a similar thread back when Crypto.Games accepted bankroll deposits; Pretty old topic before ATH and crypto surge. Nice catch ;)https://bitcointalk.org/index.php?topic=1796062.105 You might want to use his design for the thread. Would be nice to compare different bankrolls to see how they stack up in terms of returns. I prefer to keep this style, simple and clear. I will add a note under the table to insist that the amount shown in green or red should be added or deducted from the initial investment, so it is my net profit or loss. Title: Re: Snipie's gambling investment test Post by: Finestream on June 12, 2020, 11:35:58 PM Good luck Snipie, thank you for sharing your investment experiment with us.
I just have a little suggestion, maybe it's not necessary to update your profit/loss in a daily basis as it will take time and you might get tired in the long run, also, it will need you to be active on a daily basis (correct me if I'm wrong here). A weekly update or a monthly IMO is alright, as long as you go with a long-term investment, we can see an analyze the progress of your investment. Title: Re: Snipie's gambling investment test Post by: snipie on June 13, 2020, 12:20:41 AM Good luck Snipie, thank you for sharing your investment experiment with us. Thanks. Yeah I am not counting to do it in a regular basis but tho of sharing the first week stats since it is stressing for real especially when you saw the red part :)I just have a little suggestion, maybe it's not necessary to update your profit/loss in a daily basis as it will take time and you might get tired in the long run, also, it will need you to be active on a daily basis (correct me if I'm wrong here). A weekly update or a monthly IMO is alright, as long as you go with a long-term investment, we can see an analyze the progress of your investment. I will try to update it once or twice a week. For this investment I am planning to leave it there for long time. I am planning to start another investment soon in LTC (small amount for testing too) although I prefer ETH (not available for the moment) which can be for short time / medium run. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 13, 2020, 03:38:36 AM Thanks a lot, I was searching for one like this although in rare times I had to deal with tables :) No worries. If you want to have some additional format for creating tables, you can try experimenting this format.Can I ask someone to give you merit for your kind help? I will once available. [1] Some suggestions if you want to use tables on Bitcointalk (https://bitcointalk.org/index.php?topic=5157728.0) Also, try to avoid some space in order to distorting the table, just to make it neat and clean. I highly suggest to monitor your investment in a weekly basis since doing it daily can be tiresome. Good luck on your investment on BTC and LTC. Don't try to imitate what I have done -- 4 days of investing then withdraw :D. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 13, 2020, 09:36:29 AM Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%:
https://bitcointalk.org/index.php?topic=5239794.msg54611671#msg54611671 Title: Re: Snipie's gambling investment test Post by: snipie on June 13, 2020, 10:35:08 AM Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%: Aww that's very bad. I read about some people pissed about their loss in Doge but this could happens even with the other coins too. I remember seeing the LTC chart with a huge deep in profit months ago tho. Hopefully you will get your revenge and your earnings back.https://bitcointalk.org/index.php?topic=5239794.msg54611671#msg54611671 For now things seem good, greenish with bitcoin with ROI +0.1020% after 3 days. It was only reddish in the first day. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 14, 2020, 01:03:18 AM Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%: This might happen to us too who are invested in Yolodice right now :D. Taking profit on it takes a long time but losing money on it because of one whale winning a huge money takes seconds only :D.https://bitcointalk.org/index.php?topic=5239794.msg54611671#msg54611671 Is this the Yatsan effect :D. He started it and now you created a second investment test :) but anyway this can be a huge advertisement for the site itself and more people will try to invest BTC there :). If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site. https://i.imgur.com/4ONIZQ1.png Title: Re: Snipie's gambling investment test Post by: maydna on June 14, 2020, 02:34:52 AM Interesting. I already make an investment too like you, but my initial investment is not too big as you, and my target closing the investment is not for a month, but the percentage that I can get in every time I invest.
Perhaps, later I will make a thread following with @Snipie and @Yatsan ;D But my advice is don't take too long to close the investment while you are on the profit side because as what Tytanowy Janusz said, he losses his profit because 1 lucky person wins. Good profit. I see that you use bigger than @Snipie's initial amount to start, no wonder if your profit is bigger too. Perhaps, I will start with the other investment as you once my investment can reach my target. Title: Re: Snipie's gambling investment test Post by: Rosilito on June 14, 2020, 03:09:41 AM I wanna try it too but I still need to save a couple of BTCs :-\. More than that I can't afford to put all of it on one try.
Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%: This might happen to us too who are invested in Yolodice right now :D. Taking profit on it takes a long time but losing money on it because of one whale winning a huge money takes seconds only :D.I'm afraid this might happen, but it is better than just let nothing happened with my savings. I have a dumb question (my apologies) :D. Would you able to take it all right away? At anytime? Right? Nice gain for one month :o. Will follow this thread. As I need to take some progress too. Anyway, thanks for sharing guys :). Title: Re: Snipie's gambling investment test Post by: Debonaire217 on June 14, 2020, 03:41:10 AM I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly.
I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right? Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 14, 2020, 04:41:53 AM Is this the Yatsan effect :D. He started it and now you created a second investment test :) but anyway this can be a huge advertisement for the site itself and more people will try to invest BTC there :). Perhaps, later I will make a thread following with @Snipie and @Yatsan ;D Here goes the ripple effect of YoloDice Investment :D. Consequently, people are now becoming aroused when it comes to bankroll investment and it is a good factor for investors and YoloDice players even despite of having a small house edge.If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site. I feel envious to see how your investment grew in a matter of 4 weeks LOL :Dhttps://i.imgur.com/4ONIZQ1.png I have a dumb question (my apologies) :D. Would you able to take it all right away? At anytime? Right? Yep. YoloDice does not hold your investment. You can close your investment at anytime if you feel that you are okay with your profit, you can even close it immediately after opening an investment without having to worry some penalties.More information here about YoloDice Investment. https://yolodice.com/#faq I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right? I don't think there is a mandatory initial or minimum investment in YOLOdice. Also, the ROI depends on the the amount of your initial investment and the duration of your BTC or any cryptocurrency in the bankroll. A large investment value can also give you a decent profit overtime and low investment value could also mean low investment return.Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 14, 2020, 05:57:35 AM 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site. Great results. Let me estimate annual ROI :) x^38=1.028347 x= 1.00074 (daily) 1.00074 ^ 365 = 1.31 (31% annual ROI) Impressive, compared to average trader return Quote As a general rule of thumb, if you are able to make 20-30% annual return with “controlled” losses over the years and I mean over 7–10 years then you are on your track to be in the league of people like George Soros, Warren Buffet and Ray Dalio. Average trader annual return is ~3-5% (some has 20% some -100%)But my advice is don't take too long to close the investment while you are on the profit side because as what Tytanowy Janusz said, he losses his profit because 1 lucky person wins. It was not my point :) My point was to dig this investment for years checking bitcointalk scam accusation section and yolodice ANN only. To check if everything is ok in terms of yolodice trust. Daily/weekly returns are warped by a small sample error and will give nothing more but wrong perception of investment. After 2 years 1 whale wont change your return that much because there would be a lot of them before (some will be winning some will be losing) Same thing can be said about opposite situation. Hold your investment as long as possible. You never know when big whale will start to be small fish after big lose. Title: Re: Snipie's gambling investment test Post by: avikz on June 14, 2020, 10:18:43 AM Another nice informative topic on gambling investment and I just added it to my watchlist. I wanted to invest in gambling bankroll but never have done it in reality considering the risk. Your topic is indeed giving me hope and confidence again. But I will wait for some more time before actually investing.
I am not familiar with Yolodice and hence this question, but did you have to complete KYC before investing? Also is there any other websites available for such investment? Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 14, 2020, 10:36:07 AM I am not familiar with Yolodice and hence this question, but did you have to complete KYC before investing? No Also is there any other websites available for such investment? Yes. There are threads with lists of bankroll investments. Gimme 5 min and I'll find it. edit: Here you go: https://bitcointalk.org/index.php?topic=2097255.0 Thread is from 2017 so some data might be outdated but it will give you good start with further research. Title: Re: Snipie's gambling investment test Post by: Reid on June 14, 2020, 11:12:08 AM Good luck to us.
I didn't make this kind of tabular sheet to share with or a spreadsheet to jot down what will happen daily. I just let it be. Guess I am lazy with that kind of thing. Preferred to just let Yolodice handle it since I do trust them. So I will just share where I am now. https://i.ibb.co/nz2yVkY/yolo1.png (https://ibb.co/ChdyX0Y) Started June 3 as said on the image. I am going to try and add more. Maybe next week. These may speed things up. Quote Congratulations, you are an investor now! Your investment profit relies on number and activity of the players. Therefore we encourage you to spread the word about YOLOdice and encourage players to join! Credits to Yolodice.Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 14, 2020, 11:27:53 AM Looks like most of the participants of the Yolodice signature Campaign are into this investment program of Yolodice as I see with the posts here in the thread.
Maybe we should call the attention of all the signature participants to invest their weekly profits (just a portion of it) into Yolodice. Just for fun only and it will benefit them too (somewhat a challenge :D). 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site. Great results. Let me estimate annual ROI :) x^38=1.028347 x= 1.00074 (daily) 1.00074 ^ 365 = 1.31 (31% annual ROI) Impressive, compared to average trader return If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site. I feel envious to see how your investment grew in a matter of 4 weeks LOL :Dhttps://i.imgur.com/4ONIZQ1.png Title: Re: Snipie's gambling investment test Post by: snipie on June 14, 2020, 03:11:26 PM I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly. Just tried to give ideas for people, who are willing to invest and are undecided, how things are going on in the first days.I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right? Since i see some comments saying it isn't important to do this daily (obviously the first week only) I decided to delay table updates but I can say that yesterday my profit jumped to +1000 satoshi then dropped to +100-500 and so on. Just remember that the number shown in the table is a random one during a selected day, it can be x2 or x3 or even negative then recovering without I notice anything. I will keep the table updated 1-2 times per week tho. For the invested value, the much you invest the better you ROI faster, there is just a minimum value which requires longer time to double it and your share seems to drop with the rising number of investments too. Title: Re: Snipie's gambling investment test Post by: Oilacris on June 14, 2020, 10:00:59 PM I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly. Just tried to give ideas for people, who are willing to invest and are undecided, how things are going on in the first days.I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right? Since i see some comments saying it isn't important to do this daily (obviously the first week only) I decided to delay table updates but I can say that yesterday my profit jumped to +1000 satoshi then dropped to +100-500 and so on. Just remember that the number shown in the table is a random one during a selected day, it can be x2 or x3 or even negative then recovering without I notice anything. I will keep the table updated 1-2 times per week tho. For the invested value, the much you invest the better you ROI faster, there is just a minimum value which requires longer time to double it and your share seems to drop with the rising number of investments too. If we do think on carefully, it would really be just the same since you do earn the same percentage on daily basis.It wont matter if you invest big or small. In regards on updating the table then it would really be more preferable if it would be done by weekly rather than on daily basis but it isnt really that bad to post it on that way, if thats the thing that you do really want to do. Title: Re: Snipie's gambling investment test Post by: Becky666 on June 14, 2020, 10:11:59 PM What I noticed in making investment on a gambling platform is their little profit from investing with them. Some few years back, I make some investment but was not fast growing like the normal investment so I quit the process long ago but maybe this time I will give a try to make have a taste of it. Though maybe the amount I invested then was the reason of me getten the low profit. I Will definitely keep my eyes on this thread to make it this time a reality.
Title: Re: Snipie's gambling investment test Post by: stadus on June 14, 2020, 10:22:34 PM What I noticed in making investment on a gambling platform is their little profit from investing with them. Some few years back, I make some investment but was not fast growing like the normal investment so I quit the process long ago but maybe this time I will give a try to make have a taste of it. Though maybe the amount I invested then was the reason of me getten the low profit. I Will definitely keep my eyes on this thread to make it this time a reality. The profit you will earn depends on the amount of your investment, better look at the rate of return than the amount you put. Let say you invested 0.01 btc in a certain platform, you can't expect a good profit in that as 1% or 2% is just a little amount of return based on your capital. Investing in casino is only attractive if you put a decent amount of capital, and I think lending money in the forum is more profitable though as it ranges from 3% to 10% per month. Title: Re: Snipie's gambling investment test Post by: snipie on June 14, 2020, 10:46:35 PM I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly. Just tried to give ideas for people, who are willing to invest and are undecided, how things are going on in the first days.I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right? Since i see some comments saying it isn't important to do this daily (obviously the first week only) I decided to delay table updates but I can say that yesterday my profit jumped to +1000 satoshi then dropped to +100-500 and so on. Just remember that the number shown in the table is a random one during a selected day, it can be x2 or x3 or even negative then recovering without I notice anything. I will keep the table updated 1-2 times per week tho. For the invested value, the much you invest the better you ROI faster, there is just a minimum value which requires longer time to double it and your share seems to drop with the rising number of investments too. If we do think on carefully, it would really be just the same since you do earn the same percentage on daily basis.It wont matter if you invest big or small. In regards on updating the table then it would really be more preferable if it would be done by weekly rather than on daily basis but it isnt really that bad to post it on that way, if thats the thing that you do really want to do. BTW I added other parameters to the table if someone is interesting in knowing them since they are important tho. Title: Re: Snipie's gambling investment test Post by: DarkDays on June 15, 2020, 01:16:59 AM Average trader annual return is ~3-5% (some has 20% some -100%) You got a source for this estimate? I highly doubt most professional traders only make 3-5% per year, unless you're also averaging in all the retail trader noobs that dive into the market and throw their money down the drain? You can get far more than 3-5% a year with a huge number of passive income streams, so I doubt any self-respecting trader is going to settle for 5% a year with their active effort. They would need to be trading with a starting balance of $1 million just to make $50k a year.... seems likely. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 15, 2020, 05:43:31 AM Average trader annual return is ~3-5% (some has 20% some -100%) Average !=(not equal) Professional Investor != Trader And who is a professional trader? Someone who works in funds or someone with >x years experience? And when we are talking about professional traders (or rather investors). Quote In 2007, legendary investor Warren Buffett made a $1 million bet against Protégé Partners that hedge funds wouldn’t outperform an S&P index fund, and he won. Buffett’s choice fund, the Vanguard 500 Index Fund Admiral Shares, returned 7.1 percent compounded annually, while the basket of hedge funds his competitor chose returned an average of only 2.2 percent, the Wall Street Journal reports. And here we are with ~40% annual ROI. This is huge. Title: Re: Snipie's gambling investment test Post by: leea-1334 on June 15, 2020, 08:48:38 AM Hey OP just found your thread and well done! I am a long time investor also and fellow Yolo user as you can see:)
I did not keep my statistics, and every week or 2 weeks I have a very bad habit. When I see my investment is down, I divest and gamble till it is back to original deposit, then reinvest again. So I did not really keep a good track of my invesments BUT all time, for Bitcoin, I am in profit since day 1 to now. Good luck with your tracking. Can I suggest, you do simple table, and attach image? You will have harder updating but have easier viewing:) Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 15, 2020, 09:07:40 AM I did not keep my statistics, and every week or 2 weeks I have a very bad habit. When I see my investment is down, I divest and gamble till it is back to original deposit, then reinvest again. I never thought this kind of investing technique but will it not affect your investment because the duration of your shares in bankroll will go back to zero? thus, your ROI will also reset as compared when you let your investment opened though you are taking a loss? ???Title: Re: Snipie's gambling investment test Post by: MCobian on June 15, 2020, 09:37:58 AM Thanks Snipie for the explanation of gambling investment in yolodice, this adds to my knowledge. I also intend to invest in the near future
on gambling sites. But still comparing which one is better, I hope you continue to provide updates about your investment in Yolodice. I am curious about how much capital 0.0123 BTC can generate profit for one month. Title: Re: Snipie's gambling investment test Post by: Reid on June 15, 2020, 10:15:10 AM I did not keep my statistics, and every week or 2 weeks I have a very bad habit. When I see my investment is down, I divest and gamble till it is back to original deposit, then reinvest again. I never thought this kind of investing technique but will it not affect your investment because the duration of your shares in bankroll will go back to zero? thus, your ROI will also reset as compared when you let your investment opened though you are taking a loss? ???I have been thinking about the same thing. It is because of the fluctuation in profits. Last week my profit was 20k and then it went back to 17k sats. Is it possible to do a stop and start investment? Will it still be profitable in short runs? Or is it just the longer you invest the better? Perhaps leea-1334 could answer us since he/she already tried to stop it and start again. Edit: Now I am at 15k sats. Title: Re: Snipie's gambling investment test Post by: Finestream on June 15, 2020, 10:35:47 AM I did not keep my statistics, and every week or 2 weeks I have a very bad habit. When I see my investment is down, I divest and gamble till it is back to original deposit, then reinvest again. I never thought this kind of investing technique but will it not affect your investment because the duration of your shares in bankroll will go back to zero? thus, your ROI will also reset as compared when you let your investment opened though you are taking a loss? ???I have been thinking about the same thing. It is because of the fluctuation in profits. Last week my profit was 20k and then it went back to 17k sats. Is it possible to do a stop and start investment? Will it still be profitable in short runs? Or is it just the longer you invest the better? Perhaps leea-1334 could answer us since he/she already tried to stop it and start again. Edit: Now I am at 15k sats. Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Title: Re: Snipie's gambling investment test Post by: snipie on June 15, 2020, 08:30:27 PM Thanks Snipie for the explanation of gambling investment in yolodice, this adds to my knowledge. I also intend to invest in the near future I don't expect much profit especially after a month or two with my basic investment but it is interesting to know how things will evolve ;)on gambling sites. But still comparing which one is better, I hope you continue to provide updates about your investment in Yolodice. I am curious about how much capital 0.0123 BTC can generate profit for one month. Title: Re: Snipie's gambling investment test Post by: Reid on June 16, 2020, 06:27:34 AM Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Just having the idea since the profits are also fluctuating depending on player bets. I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits. Yeah, I am trying to put more investment in it. Will also update it if its okay with Snipie just for preferences. ;D Title: Re: Snipie's gambling investment test Post by: Finestream on June 16, 2020, 07:25:52 AM Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Just having the idea since the profits are also fluctuating depending on player bets. I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits. Yeah, I am trying to put more investment in it. Will also update it if its okay with Snipie just for preferences. ;D That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable. Title: Re: Snipie's gambling investment test Post by: shoreno on June 16, 2020, 07:44:04 AM Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Just having the idea since the profits are also fluctuating depending on player bets. I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits. Yeah, I am trying to put more investment in it. Will also update it if its okay with Snipie just for preferences. ;D That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable. nice to see users here helping each other if how they can maximize thier earning potential on gambling investment . looking forward for more of your business guys , let see if itl became a success and ill try to test it out too . investing to some is not fun but its boring , they arent contentented with the first profits that they get so they quit but if we were serious , we will never do that things , instead we will patiently waiting and keep that small profits because that can still grow huge later on . Title: Re: Snipie's gambling investment test Post by: asu on June 16, 2020, 08:21:54 AM Thanks snipie for this another input of investing in gambling casino's bankroll. I've been planning to make bankroll investment as well and this will do help again.
I hope your investment goes very well. :) I just hope that this will continue for a year but I'm not expecting since a single whale can eat all of my profit in an instant, just like what happened in you ;). Yeah, they can, but won't you consider the opposite scenario when the whale got rekt? Your investment will do have some great profit when that comes.Title: Re: Snipie's gambling investment test Post by: snipie on June 16, 2020, 10:10:02 AM Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Just having the idea since the profits are also fluctuating depending on player bets. I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits. Yeah, I am trying to put more investment in it. Will also update it if its okay with Snipie just for preferences. ;D The main point is to share our experience and let other members have an idea how things are going on ;) Title: Re: Snipie's gambling investment test Post by: Finestream on June 16, 2020, 10:15:19 AM Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer. As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run. Just having the idea since the profits are also fluctuating depending on player bets. I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits. Yeah, I am trying to put more investment in it. Will also update it if its okay with Snipie just for preferences. ;D That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable. nice to see users here helping each other if how they can maximize thier earning potential on gambling investment . looking forward for more of your business guys , let see if itl became a success and ill try to test it out too . investing to some is not fun but its boring , they arent contentented with the first profits that they get so they quit but if we were serious , we will never do that things , instead we will patiently waiting and keep that small profits because that can still grow huge later on . That's the best strategy in investing in a casino, you since casino are consistently making profit, your investment will also grow if you will let it sit for a while, the profit you earn will also earn, it's like depositing in a bank when you earn a compounding interest, though investing in a casino is more risky. Title: Re: Snipie's gambling investment test Post by: Reid on June 16, 2020, 11:58:41 AM That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable. Also, I am not that good at making tabular sheets. ;D I will try to consult my wife for help, I think she is good at it. I have no problem at all. Feel free to do it here or create your own topic :) Thank you. The main point is to share our experience and let other members have an idea how things are going on ;) Maybe I will ask things here if I ever find one so that others will have an idea of what is happening in our investments. I actually got one already. What is better? 1. Cancel the investment then add more. 2. Just open another line since you can make 20 of them. Is there even a difference with that? Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 16, 2020, 12:33:28 PM I am trying to but I don't have the right tools. Using Excel with formulas on it will do or just create a table in MS Word and manually calculate your Starting BTC to END BTC on weekly basis.This may help you a bit if you struggle putting some formulas on the spreadsheet.Also, I am not that good at making tabular sheets. ;D I will try to consult my wife for help, I think she is good at it. [1] https://digital.com/blog/excel-tutorials/ 1. Cancel the investment then add more. Unfortunately YOLODice still does not accept a top-up option from your open investment and the only thing you can do is to close the investment, add, and then reopen again. The downside of doing this kind of technique is that users will not be able to withdrew only their profit gained in the long run (dividend gain) and maybe the duration of their investment in which they have gained advantage on the house edge will be forfeited.2. Just open another line since you can make 20 of them. I think this is much better solution rather than closing your investment. You just still need to be patient enough to make your investment grew in the long run.Feel free to correct me since I still a newbie on this one. Title: Re: Snipie's gambling investment test Post by: snipie on June 16, 2020, 01:45:36 PM @Maus0728, correct the quoted text please and change my name from it with "Reid" + fix the link. I was puzzled since I don't remember saying the quoted text while it refers me to my previous post lol.
For the moment anyone can withdraw its earning, add more funds and reinvest. This will be less profitable especially after the introduce of the dilution fees in which you will lose 2% of your initial funds and have to wait longer to recover it. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 16, 2020, 11:11:59 PM What is better? Right now this is what I see on the website:1. Cancel the investment then add more. 2. Just open another line since you can make 20 of them. Is there even a difference with that? Quote "Dilution fee" remains inactive until further notice. Right now, you can just cancel your investment and can add more since the Dilution fee is still inactive right now but when this fee became active you can't do this idea anymore since as you put your investment a fee will automatically be deducted in your initial investment. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 17, 2020, 03:38:14 AM Can I join the ride? Here is my initial investment and I am planning to open more of them until the dilution and top-up function has been enabled.
.WEEK 1 June 17, 2020 https://i.imgur.com/gtYCAmN.png Title: Re: Snipie's gambling investment test Post by: maydna on June 17, 2020, 04:35:10 AM What is better? 1. Cancel the investment then add more. 2. Just open another line since you can make 20 of them. Is there even a difference with that? You can close the investment anytime, but cancel it when you are profit, wait for a while (up to you about how long you will wait, but for me, I leave it for 30 minutes before I reopen the investment again). I don't try with the number two since I don't use a big amount as @Snipie does. But you can try by yourself, and you can see how it will work for you. I don't know if there is a difference with that or not because I don't try it by myself. Can I join the ride? Here is my initial investment and I am planning to open more of them until the dilution and top-up function has been enabled. You are welcome to join the ride ;D Your initial investment is also big ;D Title: Re: Snipie's gambling investment test Post by: Reatim on June 17, 2020, 06:22:26 AM Its good to see that you follow the advice in Yatsan's Thread to make your own gambling site investment because at least we can follow your flow and what is happening in the invesment.
And also better that we have more basis on whats happening specially like me that looking to try similar way but i don't know how and when to start. will be looking forward for your updates as i will bookmark this thread like what i did in Yatsan's. Thanks for this and Wish you luck. Title: Re: Snipie's gambling investment test Post by: Reid on June 17, 2020, 01:01:37 PM Its good to see that you follow the advice in Yatsan's Thread to make your own gambling site investment because at least we can follow your flow and what is happening in the invesment. And also better that we have more basis on whats happening specially like me that looking to try similar way but i don't know how and when to start. will be looking forward for your updates as i will bookmark this thread like what i did in Yatsan's. Thanks for this and Wish you luck. I think it's better to start now. ;) It's growing and it's better early. Also, there will be a possibility of pulling more players as we do this. Thanks, guys for the answers. It's better asking, rather than just blindly guessing everything. The best part is we could help each other here by sharing more information. The dilution part, yeah, I just realized that as I look at every information. We can freely go in and out for now without fees. Title: Re: Snipie's gambling investment test Post by: snipie on June 17, 2020, 03:47:50 PM My ATH :P profits after a bad reddish day yesterday.
I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts. Title: Re: Snipie's gambling investment test Post by: STT on June 17, 2020, 04:37:16 PM Interesting topic to join the house, I'm wondering how long has this particular site been established for. If it allows withdrawal without notice and is liquid enough on the price available then its very attractive prospect to consider, obviously I'll look at the details further.
Quote no big whale eats all of your money. Surely risk is shared and ongoing, ie. a big bettor can win but also then lose later on and both will add into the profit or loss. Or actually its possible to be wiped out short term somehow.Quote people are now becoming aroused steady on thereTitle: Re: Snipie's gambling investment test Post by: snipie on June 17, 2020, 06:46:52 PM Interesting topic to join the house, I'm wondering how long has this particular site been established for. If it allows withdrawal without notice and is liquid enough on the price available then its very attractive prospect to consider, obviously I'll look at the details further. Take a look here in the main topic https://bitcointalk.org/index.php?topic=1674772.0 (Investment was available then cancelled then re-enabled again) Quote no big whale eats all of your money. Surely risk is shared and ongoing, ie. a big bettor can win but also then lose later on and both will add into the profit or loss. Or actually its possible to be wiped out short term somehow.Quote people are now becoming aroused steady on thereTitle: Re: Snipie's gambling investment test Post by: stadus on June 18, 2020, 10:40:13 PM My ATH :P profits after a bad reddish day yesterday. I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts. You can't expect a profit everyday or weekly, just let it sit man, casinos also lose but they have the edge so they'll still win in the long run. I think I'm envy with your journey, I kinda think of making my own soon and I'll try as many websites as possible, lol.. Title: Re: Snipie's gambling investment test Post by: DarkDays on June 18, 2020, 11:53:09 PM What's the point of wasting your time updating this every single day?
Have you considered the value of your time here? The time you waste updating this post probably cancels out the profit you've made that day. Just update it every week or two and bump the thread, nobody is interested in seeing the day to day gains (or losses) you're making since it's not easy then. I suggest updating it weekly or biweekly and then calculating an annualized interest rate based on this. Then we can just compare the interest rate changes over time to see if the trend is going up or down. It would be even better if you just use a live google sheet or something we can check, that would be far faster for everyone involved. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 19, 2020, 12:21:13 AM My ATH :P profits after a bad reddish day yesterday. Sometimes testing can lead to an long term investment too so it would be better to just sit your LTC and DOGE there.I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts. I tried testing too with around 0.01 BTC and it gained around 20k Sats before closing it. Now I reinvested that amount and added some BTC to it (0.02983619 BTC) and that is my current investment on the site already. Now it earned around 80k sats within a month and 2 weeks. This week is a sideways week since my profits is just going up and down by a little. You can't expect a profit everyday or weekly, just let it sit man, casinos also lose but they have the edge so they'll still win in the long run. Earning in this kind of investments takes months or even years to feel the profit as other investors said and I agree with it.I think I'm envy with your journey, I kinda think of making my own soon and I'll try as many websites as possible, lol.. Can you share here too some gambling sites where you can invest on their site too aside from Yolodice :). Thanks. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 19, 2020, 01:40:40 AM Earning in this kind of investments takes months or even years to feel the profit as other investors said and I agree with it. Here are the list you are looking for!Can you share here too some gambling sites where you can invest on their site too aside from Yolodice :). Thanks. [Overview of all bitcoin casinos] Latest update: 14-03-19 VISIT NEW WEBSITE (https://bitcointalk.org/index.php?topic=2097255.0) Other Discussion [1] https://bitcointalk.org/index.php?topic=5238582.0 Title: Re: Snipie's gambling investment test Post by: snipie on June 19, 2020, 07:01:26 AM What's the point of wasting your time updating this every single day? Hi DarkDays, I was already asked the same question and answered it. I just decided to update the topic frequently the first week so new investor can have an idea about what's happening. From now on the table will be updated 2x/week on average. And I have no intention to use Google services right now. Have you considered the value of your time here? The time you waste updating this post probably cancels out the profit you've made that day. Just update it every week or two and bump the thread, nobody is interested in seeing the day to day gains (or losses) you're making since it's not easy then. I suggest updating it weekly or biweekly and then calculating an annualized interest rate based on this. Then we can just compare the interest rate changes over time to see if the trend is going up or down. It would be even better if you just use a live google sheet or something we can check, that would be far faster for everyone involved. Title: Re: Snipie's gambling investment test Post by: snipie on June 20, 2020, 10:39:32 AM Updated the table.
My earnings are negative from yesterday. My first impression when I make a comparison to Yatsan is that it will take much longer time to earn something valuable when you invest with a tiny amount. Not talking about big earnings obviously but a small amount of return. 10 days and I still find it negative sometimes. Tho about retracting my investment, making it bigger and reinvest again but I think I will let things go like this and let's see what basic investment amount will make you earn. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 20, 2020, 11:13:15 AM I think its a normal thing.
There will always be ups and downs in investments, short term there will always be ups and downs, therefore its probably wise not to be that worried about short term losses as the investment should be long term. Title: Re: Snipie's gambling investment test Post by: stadus on June 21, 2020, 08:39:09 AM Some days would end up in green and other days may be in red. This is how it is going to be and will continue to be the same. Only advice will be for people would be to invest the extra amount which you would not require immediately so you can stay invested for long time and can get profits as well. Sorry, extra means not a serious investment for me, if I see that the investment is doing good, it's profitable, so regardless on the profit that I'll make, I will be willing to invest as casinos do always wins or if not, at least they win most of the time. It's correct that sometimes you end up negative or positive, but investing in a casino is good if you treat it as a long term investment, just like a casino, they need to run their business for months and years in order to grow because they are confident they'll win as they have the advantage. Title: Re: Snipie's gambling investment test Post by: pakhitheboss on June 21, 2020, 09:07:31 AM I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing.
Title: Re: Snipie's gambling investment test Post by: snipie on June 21, 2020, 10:54:35 AM I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing. Yeah it is early to judge and after 1-2 months the picture will be better indeed :)Interestingly my LTC investment is doing very well and my ROI is 0.4583% after 4 days which I find quite good. Meanwhile my BTC is still negative with - 500 satoshi. Title: Re: Snipie's gambling investment test Post by: FIFA worldcup on June 21, 2020, 11:16:32 AM I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing. One thing is for sure that if OP is in loss or balance, the site seems real and does not grantee only profits. If a site offer both profit and loss, then only it can be legit in the long run. I will also keep track of the progress and see how it turn up in the few weeks time. Title: Re: Snipie's gambling investment test Post by: stadus on June 21, 2020, 11:48:33 AM I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing. One thing is for sure that if OP is in loss or balance, the site seems real and does not grantee only profits. If a site offer both profit and loss, then only it can be legit in the long run. I will also keep track of the progress and see how it turn up in the few weeks time. Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything. Title: Re: Snipie's gambling investment test Post by: snipie on June 23, 2020, 11:25:43 AM Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything. Yeah lol, losing all the investment means huge losses for everyone which needs more than a bunch of lucky whales. The max amount to bet is adjustable to prevent these situations tho.Updated the table, my bitcoin investment is still red but better than the previous reddish days. My LTC is performing better + 0.00253876 in profit and + 0.5135 ROI in 6 days :) Title: Re: Snipie's gambling investment test Post by: Reid on June 23, 2020, 11:36:41 AM Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything. Yeah lol, losing all the investment means huge losses for everyone which needs more than a bunch of lucky whales. The max amount to bet is adjustable to prevent these situations tho.Updated the table, my bitcoin investment is still red but better than the previous reddish days. My LTC is performing better + 0.00253876 in profit and + 0.5135 ROI in 6 days :) Does LTC really have a better chance here? I think bettors are using it more than BTC and Doge. Maybe because of the fastest roll even with a lower bet? I have been thinking to invest there too since there is not much movement with bitcoin investment. What do you think? Title: Re: Snipie's gambling investment test Post by: peter0425 on June 23, 2020, 11:45:09 AM I want first to thanks Yatsan (https://bitcointalk.org/index.php?topic=5239794.0) for sharing with us his personal experience with investment in 2 gambling sites and since I invested an amount too in Yolodice and was asked to create my own topic to share my experience too so here we go. You are inspired by Yatsan?because He is the one that i am following about investing in Gambling site.So in Yolodice the starting amount to invest in BTC is 0.01 and I invested several hours ago what I had there which was 0.0123 which represented 0.005562% of total share (see pic below). First I got a little bit profit +0.00000732 after few hours and now it is red -0.00001406 (see pic). Just keep in mind that this amount is dynamic so it changes every couple of seconds, while writing this line it is now -0.00001544BTC with a Return on investment ROI = -0.1277 %. I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available). Just a couple of advices / informations: - I was level 2 in Yolodice and after investing I turned level 4 with a possibility to put an avatar. - You will not be able to claim faucet bonus since you already have coins in Yolodice (that you invested). - Invest only the amount you believe won't be missed since like you can make a decent profit you can also lose a considerable amount. - The much you invest, the much you ROI faster but it can also the much you lose in some cases, so do not invest more than you afford to lose. https://i.imgur.com/B5jWvR0.jpg (https://i.imgur.com/B5jWvR0.jpg) Summary: (will be updated every couple of days)
* The amount shown here is my net profit (green) or loss (red) from my initial investment. For example in June 11, I lost 0.00001544 BTC (red) but in June 12, I recovered what I lost and gained additional +0.00000736 BTC (green). ** Price estimated since I didn't check the exact USD value at the time of investing. The mentioned prices with ** are very close to the real one. Starting from June 12, 2020 I will try to post the amount added in BTC and USD at the same time according to preev. Looking are your progress seems like there is still profit from your capital but lets wait for the long run if there are still good income your way. But good that you experimented using small amount so there is no big burden if you failed. Title: Re: Snipie's gambling investment test Post by: snipie on June 23, 2020, 11:51:54 AM Does LTC really have a better chance here? https://yolodice.com/#stats/investor you can find here more information about each coins and the amount invested, number of people currently involved... I think bettors are using it more than BTC and Doge. Maybe because of the fastest roll even with a lower bet? I have been thinking to invest there too since there is not much movement with bitcoin investment. What do you think? I don't have additional ideas honestly more than what the stats tell. I tried to invest in LTC as a test but since things are positive I kept my investment there and will see :) Here is a pic https://i.imgur.com/Pc8WJ5p.jpg Yes peter0425, as I said in the beginning this topic is inspired by Yatsan one :) Title: Re: Snipie's gambling investment test Post by: Sadlife on June 23, 2020, 01:09:56 PM Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it.
I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 23, 2020, 01:21:59 PM Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it. It is one of the most reputable dice site in the history I think. Back in the days when I was still at a Member rank, I have always seen their signature campaign in services section and is always one of the most anticipated campaign for bitcoin members. It would be better to check their site especially in the statistics (https://yolodice.com/#stats/investor) section.I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying. [1] [CFNP] YOLOdice.com Signature Campaign (https://bitcointalk.org/index.php?topic=1755689.0) - you can easily see the progress of YOLOdice by simply scanning their thread. [2] Re: 🔶 YOLOdice.com 🔶 play&invest, now with .ONION address (https://bitcointalk.org/index.php?topic=1674772.0) - this is their main gambling thread. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 24, 2020, 03:47:34 AM Damn! Still dumped on red.
.WEEK 2 June 24, 2020 https://i.imgur.com/Bl4b9j9.png Previous Weeks [1] https://bitcointalk.org/index.php?topic=5254959.msg54633510#msg54633510 Title: Re: Snipie's gambling investment test Post by: Reid on June 24, 2020, 05:58:06 AM Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it. Do you mean the drive to use it for gambling (you) or Yolodice using it for different purpose? I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying. It's different at Yolodce. You could see a lot of examples now with Yatsan and snipie. High chance of your investment going green. I don't have additional ideas honestly more than what the stats tell. I tried to invest in LTC as a test but since things are positive I kept my investment there and will see :) I just know it will also rely on the number of bettors in the corresponding coin they use. Then, how many investors there is since there's a percentage for each amount. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 24, 2020, 06:40:19 AM I put in a small amount also just to give it a test and its been up and down for a while.
I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha Oh well, in it for the long run ;D Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 24, 2020, 07:49:38 AM Damn! Still dumped on red. My doge investment is also on red ... after 42 days. I was on profit +5% than I was negative 2%, than negartive 5% and now i'm negative 0.7%. @OP I see you are updating OP once per day/few days. Thats way way too much. Once per month is enough. Once per week is optimal to keep us in this thread (not to let us forget about this thread). Once per day does not show anything about investment which require a lot of time to show it's potential (1% statistic advantage over gambler). 1 day time frame shows only random fluctuations. Couple goes in a whistle. Does LTC really have a better chance here? I think bettors are using it more than BTC and Doge. Maybe because of the fastest roll even with a lower bet? I have been thinking to invest there too since there is not much movement with bitcoin investment. What do you think? Highest volume is on BTC. But income from this investment is based on 2 variables. 1 - gambling volume on investment coin 2- total bankroll size from all investors on investment coin F.e If LTC volume is 2 times lower than BTC but bankroll is 4 times lower you are earning 2 times faster. Title: Re: Snipie's gambling investment test Post by: ethereumhunter on June 24, 2020, 08:55:59 AM I put in a small amount also just to give it a test and its been up and down for a while. I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha Oh well, in it for the long run ;D You do not need to wait for a long time. As long as you can see the green, you can close the investment and start with another investment. You should play safely in the investment so you can make a profit. No matter if the profit is small, if you can make it more often, your profit will become bigger. But yes, maybe the red will stay for a day before the green will come again, so you need to be patient. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 24, 2020, 08:58:07 AM My doge investment is also on red ... after 42 days. I was on profit +5% than I was negative 2%, than negartive 5% and now i'm negative 0.7%. To conclude, there is nothing much difference for a month and 2 weeks of investment in DOGE and the span of investment is obviously not profitable for short term. They are right that it needs at least 1 year for your investment to mature otherwise you'll just be seeing a small random profit.In the next few more weeks, I am planning to open another investment for BTC and invest it for at least 1 year, the funny thing is, it takes a couple of months to convince myself to invest in gambling site. Highest volume is on BTC. But income from this investment is based on 2 variables. Can you explain this further? Willing to learn from you.1 - gambling volume on investment coin 2- total bankroll size from all investors on investment coin F.e If LTC volume is 2 times lower than BTC but bankroll is 4 times lower you are earning 2 times faster. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 24, 2020, 08:59:26 AM I put in a small amount also just to give it a test and its been up and down for a while. I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha Oh well, in it for the long run ;D You do not need to wait for a long time. As long as you can see the green, you can close the investment and start with another investment. You should play safely in the investment so you can make a profit. No matter if the profit is small, if you can make it more often, your profit will become bigger. But yes, maybe the red will stay for a day before the green will come again, so you need to be patient. Does that make sense though? As soon as I hit a small profit pull out and reinvest? Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 24, 2020, 09:50:38 AM I put in a small amount also just to give it a test and its been up and down for a while. I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha Oh well, in it for the long run ;D You do not need to wait for a long time. As long as you can see the green, you can close the investment and start with another investment. You should play safely in the investment so you can make a profit. No matter if the profit is small, if you can make it more often, your profit will become bigger. But yes, maybe the red will stay for a day before the green will come again, so you need to be patient. Does that make sense though? As soon as I hit a small profit pull out and reinvest? If dilution fee has been added again, every investment that you will make will have a 2% dilution fee. Quote "Dilution fee" remains inactive until further notice. Title: Re: Snipie's gambling investment test Post by: leea-1334 on June 24, 2020, 10:35:12 AM Yeah it is early to judge and after 1-2 months the picture will be better indeed :) Interestingly my LTC investment is doing very well and my ROI is 0.4583% after 4 days which I find quite good. Meanwhile my BTC is still negative with - 500 satoshi. Interestingly,,, most of my investments in any site in LTC has made more profit than any other coin. I think the Litecoin whales do not mind wagering it a lot and this is why in my mind it seems like they are more likely to lose. But at yolo I never tried this,,, maybe I should diversify even more. Title: Re: Snipie's gambling investment test Post by: snipie on June 24, 2020, 10:49:37 AM I put in a small amount also just to give it a test and its been up and down for a while. Yesterday was a hilarious day, I believe some whales maybe are risking a good amount of BTC. I mean it is the first time when I see my profits jump from -0.00003xxxx to +0.00004xxxx BTC in a matter of seconds then turn red again and so on. I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha Oh well, in it for the long run ;D Today is the worst day in my BTC investment -0.00007497 BTC while my LTC seems fine. I will wait and see when my BTC will recover from this... https://i.imgur.com/KSkyksS.jpg Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 24, 2020, 11:04:55 AM Can you explain this further? Willing to learn from you. Well this is simple. Maybe I said it in a way that I complicated it too much. Gambling site earns on house edge (statistic advantage over gamblers). For dice it is most often 1%. So if total wager from all gamblers is lets say 1000 BTC, gambling site will most likely earn ~10 BTC. In yolodice 50% of these funds are allocated to investors - 5BTC. Now if there is 200 BTC currently investment by all investors and you invested 2 BTC than your earning will be: 2/200 * 5 = 0.05 BTC But if there is not 200 BTC but only 20 BTC currently invested by all investors 2/20 * 5 = 0.5 BTC And now to actual data on yolodice: BTC Currently invested - 218 BTC ETH Currently invested - 2299.48040977 ETH = 58 BTC LTC Currently invested - 9123.78625175 LTC = 41 BTC DOGE Currently invested - 78263418.22757039 DOGE = 20 BTC So gambling site total gambling volume on BTC has to be 10x bigger than DOGE gambling volume to give the same ROI. So as an investor willing ot optimize your investment you should compare gambling volume vs total investments on each coin and also calculate currency risk into it - doge is unpredictable while BTC is considered as safe-haven. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 24, 2020, 11:11:31 AM Well this is simple. Maybe I said it in a way that I complicated it too much. Gambling site earns on house edge (statistic advantage over gamblers). For dice it is most often 1%. So if total wager from all gamblers is lets say 1000 BTC, gambling site will most likely earn ~10 BTC. In yolodice 50% of these funds are allocated to investors - 5BTC. Now if there is 200 BTC currently investment by all investors and you invested 2 BTC than your earning will be: 2/200 * 5 = 0.05 BTC But if there is not 200 BTC but only 20 BTC currently invested by all investors 2/20 * 5 = 0.5 BTC And now to actual data on yolodice: BTC Currently invested - 218 BTC ETH Currently invested - 2299.48040977 ETH = 58 BTC LTC Currently invested - 9123.78625175 LTC = 41 BTC DOGE Currently invested - 78263418.22757039 DOGE = 20 BTC So gambling site total gambling volume on BTC has to be 10x bigger than DOGE gambling volume to give the same ROI. So as an investor willing ot optimize your investment you should compare gambling volume vs total investments on each coin and also calculate currency risk into it - doge is unpredictable while BTC is considered as safe-haven. Thanks for the great explanation, even I understood. ;) There is no data of volume on each coin, correct? Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 24, 2020, 11:15:41 AM Thanks for the great explanation, even I understood. ;) There is no data of volume on each coin, correct? On yolodice you have a nice graphic that shows each investor return. Its ease to calculate estimated annual ROI for each coin. F.e One of long ETH investors: https://i.imgur.com/ZTQL0dW.png Invested 300 ETH Profit 80.945 ETH 80.975/300 = 27% (profit per 6 months) 1.27 ^ 2 (continuous reinvestment - compound percentage) = 61 % (profit per 1 year) Do the same for other coins and you will know where to invest. But remember about currency risk too. DOGE investment should be double or triple as profitable as bitcoin is to cover price change risk. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 24, 2020, 12:52:41 PM Gambling site earns on house edge (statistic advantage over gamblers). For dice it is most often 1%. So if total wager from all gamblers is lets say 1000 BTC, gambling site will most likely earn ~10 BTC. In yolodice Let us take a look at the actual statistics shown in YoloDice site. Currently we have a total wagered amount of approximate 45,300 BTC. So if the house edge is 1% then the gambling site is earning an approximate 450 BTC which is true as shown in the site profit statistics isn't it?50% of these funds are allocated to investors - 5BTC. BTC Currently invested - 218 BTC So let's say I added another 0.01 BTC in my investment making it a total of 0.02 BTC. For the multiplier, I've used the actual site profit rather than the expected site profit.(0.02 / 218) * (395 / 2) = 0.018 BTC Question: I am earning 0.018 BTC in average? or per year? Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 24, 2020, 01:13:47 PM So let's say I added another 0.01 BTC in my investment making it a total of 0.02 BTC. For the multiplier, I've used the actual site profit rather than the expected site profit. (0.02 / 218) * (395 / 2) = 0.018 BTC Question: I am earning 0.018 BTC in average? or per year? It depends on where those 395 BTC comes from. I guess it is total profit (starting from 2016) so its "per 4 years". But I would not take such long time frame bacause we dont know how big bankroll was than. It could be 50 BTC not 200. You can do it like that: https://i.imgur.com/aru8zeh.png Profit in 24.06.2019 - 335 BTC Profit now - 395 BTC 1 year profit - 60 BTC (0.02/218) * (60/2) = 0.00275 0.00275 / 0.02 = 13.75 % annual ROI But this estimation does not include bankroll change. Its 218 BTC, it can go to 400 in 1 year or drop to 50. Calculating the same (annual ROI) based on old investors resoults: https://i.imgur.com/CPybioU.png We have 11.75% in 6 months - 24% annualy -so it looks like during last 6 months total invesments at least double or triple. Title: Re: Snipie's gambling investment test Post by: snipie on June 24, 2020, 01:14:49 PM @OP I see you are updating OP once per day/few days. Thats way way too much. Once per month is enough. Once per week is optimal to keep us in this thread (not to let us forget about this thread). Once per day does not show anything about investment which require a lot of time to show it's potential (1% statistic advantage over gambler). 1 day time frame shows only random fluctuations. Couple goes in a whistle. The aim of this topic is to show new investors how things are going on in when they invest. Especially the first days are crucial. New comers will think the sky is blue and raining gold but this isn't the case. I am new myself and I am a little bit surprised about how fast my profit change in the first days. Honestly it I didn't promise to keep the topic updated for long period, I would close my investment in +4k satoshi that I saw yesterday. I believe many new members will do exactly the same. Now if this topic show a long term profit then people may try to keep their money longer and wait for a decent revenue if that was the case ;)I am slowing down my updates to become weekly indeed starting from week 4 tho. This week I will post likely another update after 3 days tho. Title: Re: Snipie's gambling investment test Post by: snipie on June 27, 2020, 10:54:50 AM Updated the table as I said for the second time this week. Next update will be in week 4.
https://i.imgur.com/f3Jyji6.jpg Bitcoin investment still red but there was a little bit loss cut. I expect to go green in the next week. I increased my LTC investment x5, been green for 1-2 days then reddish.. Will update it too next week :) Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 27, 2020, 11:05:42 AM ~ I saw my investment within the past few days went down from around 80k sats to around 50k sats. Some whales or some huge money gamblers won at that time.Bitcoin investment still red but there was a little bit loss cut. I expect to go green in the next week. I increased my LTC investment x5, been green for 1-2 days then reddish.. Will update it too next week :) Now it went back to ~70k already so overall I'm still in profit and I hope that some here who invested for a long time in yolodice have profits too. Title: Re: Snipie's gambling investment test Post by: Ziskinberg on June 27, 2020, 11:15:53 AM ~ I saw my investment within the past few days went down from around 80k sats to around 50k sats. Some whales or some huge money gamblers won at that time.Bitcoin investment still red but there was a little bit loss cut. I expect to go green in the next week. I increased my LTC investment x5, been green for 1-2 days then reddish.. Will update it too next week :) Now it went back to ~70k already so overall I'm still in profit and I hope that some here who invested for a long time in yolodice have profits too. Their might be some whales who won but you know, gambling site still has the edge and they'll win in the long run, same will go with the investors of course. Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 27, 2020, 12:13:59 PM ~ I saw my investment within the past few days went down from around 80k sats to around 50k sats. Some whales or some huge money gamblers won at that time.Bitcoin investment still red but there was a little bit loss cut. I expect to go green in the next week. I increased my LTC investment x5, been green for 1-2 days then reddish.. Will update it too next week :) Now it went back to ~70k already so overall I'm still in profit and I hope that some here who invested for a long time in yolodice have profits too. That's just me though. Title: Re: Snipie's gambling investment test Post by: snipie on June 27, 2020, 12:29:35 PM I tried to do some experimentation to my investments. These past few days I have seen that the ROI is always at negative so I tried divesting it and gamble to gain back what was lost for almost 2 weeks of investment. As of now, I am waiting to re-invest again but on a larger amount of money. It doesn't make sense to wait for about 2 weeks with a negative ROI and small amount of open investment. Yeah true. Unless this topic, I would definitely closed my bitcoin investment and reconsider a higher amount just like what I did with LTC. That's just me though. Now my LTC was going very well, nice ROI in the first days, almost green the whole time but of course there is always some lucky dudes who make high profits and take with them your profits from time to time :) Title: Re: Snipie's gambling investment test Post by: Maus0728 on June 27, 2020, 01:07:17 PM ~snip~ Why not divest it for now and wait for our weekly payment and re-invest again for a much bigger amount? Or wait for another few weeks and then re-open another investment?Yeah true. Unless this topic, I would definitely closed my bitcoin investment and reconsider a higher amount just like what I did with LTC. Now my LTC was going very well, nice ROI in the first days, almost green the whole time but of course there is always some lucky dudes who make high profits and take with them your profits from time to time :) Title: Re: Snipie's gambling investment test Post by: snipie on June 27, 2020, 01:58:04 PM ~snip~ Why not divest it for now and wait for our weekly payment and re-invest again for a much bigger amount? Or wait for another few weeks and then re-open another investment?Yeah true. Unless this topic, I would definitely closed my bitcoin investment and reconsider a higher amount just like what I did with LTC. Now my LTC was going very well, nice ROI in the first days, almost green the whole time but of course there is always some lucky dudes who make high profits and take with them your profits from time to time :) My invested BTC will remain as it for quite few months at least but I will keep modifying my LTC investment if necessary :) Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 28, 2020, 09:42:02 AM My small investment has been red since the start. It got worse and now slowly the losses are reducing. I expect it to be red for about 2 weeks or so and then it should turn green. Theres always going to be variance, whales or bigger gamblers winning.
In the end the house wins, so just be patient Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 28, 2020, 10:04:04 AM My small investment has been red since the start. It got worse and now slowly the losses are reducing. I expect it to be red for about 2 weeks or so and then it should turn green. Theres always going to be variance, whales or bigger gamblers winning. In the end the house wins, so just be patient My doge investment is also on red ... after 42 days. I was on profit +5% than I was negative 2%, than negartive 5% and now i'm negative 0.7%. Now I'm -3% on my main investment. My second one is -6%. Damn. Someone is really going high. Maybe whale trying martingale (i'm constantly going down)? Can't wait to see him hitting killing strike :) My investment has 46 days. So yours "2 weeks in red" seams to be optimistic :) I was two weeks on green and then... surprise motherf * * ker. I was also thinking that spreading investment into many casinos not only saves us from exit scams but also expose our money to higher gambling volume (makes final ROI less prone to extreme cases). Need to find another good casino with DOGE investments. Any ideas? Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 28, 2020, 10:08:42 AM ~ I saw my investment within the past few days went down from around 80k sats to around 50k sats. Some whales or some huge money gamblers won at that time.Bitcoin investment still red but there was a little bit loss cut. I expect to go green in the next week. I increased my LTC investment x5, been green for 1-2 days then reddish.. Will update it too next week :) Now it went back to ~70k already so overall I'm still in profit and I hope that some here who invested for a long time in yolodice have profits too. That's just me though. Anyway, I also experienced what you've experienced too. I started also with a negative profit but it didn't took long. I think in less than a week, I saw my investment turned into green already. I also saw my investment lose at around 15k-20k sats I think but didn't bother me though since I'm investing already for a long time and these small ups and downs doesn't move me anything at all or doesn't make me decide what will I do next. Put a larger amount of money into it so you have a higher share of profit or you can put an X amount this week and another X amount this week since you're in Yolodice too. You can invest your BTC there quickly. Title: Re: Snipie's gambling investment test Post by: Reid on June 29, 2020, 10:20:02 AM You can pull out your investment there anytime since the dilution fee has been removed. Anyway, I also experienced what you've experienced too. I started also with a negative profit but it didn't took long. I think in less than a week, I saw my investment turned into green already. I also saw my investment lose at around 15k-20k sats I think but didn't bother me though since I'm investing already for a long time and these small ups and downs doesn't move me anything at all or doesn't make me decide what will I do next. Put a larger amount of money into it so you have a higher share of profit or you can put an X amount this week and another X amount this week since you're in Yolodice too. You can invest your BTC there quickly. Same with me. I don't really check it much but upon reading all the investment thread, I had the urge to look at it. ;D Last time I checked I was at +15k satoshis. Now I am at +6k. I don't know how it is calculated but I am still happy to see the green numbers. Maybe it will take more time before we could really see a better green amount. ;) Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on June 29, 2020, 06:14:26 PM I don't know how it is calculated but I am still happy to see the green numbers. Already explained it here (https://bitcointalk.org/index.php?topic=5254959.80). What scares me the most is this: https://i.imgur.com/cFVB0ok.png -50% in few days. People who has open investment in this moment most likely are not in profit since now (8 months later). Title: Re: Snipie's gambling investment test Post by: snipie on June 29, 2020, 08:05:50 PM I don't know how it is calculated but I am still happy to see the green numbers. Already explained it here (https://bitcointalk.org/index.php?topic=5254959.80). What scares me the most is this: https://i.imgur.com/cFVB0ok.png (https://i.imgur.com/cFVB0ok.png) -50% in few days. People who has open investment in this moment most likely are not in profit since now (8 months later). For BTC I could say that it is stable since 2 days after the initial crash.. For LTC, the trend is really messy with ups and downs but overall we are facing losses in short term. https://yolodice.com/#stats/investor (https://yolodice.com/#stats/investor) you can select 1h or 15min for a quick look in the latest days or hours shart (+ zoom also). My BTC is - 5k - 6k satoshi on average and my LTC is now - 0.05303119 just a huge jump from 0.01xxxxxx, one lucky dude just won 170 LTC while writing :-\ Title: Re: Snipie's gambling investment test Post by: xxjumperxx on June 30, 2020, 11:36:58 AM Ouch, that LTC Graph looks bad...
Investors took a huge hit on that one! :O My BTC Invest is still in red, but Im not too worried, just need to stop checking it soo often :D Title: Re: Snipie's gambling investment test Post by: LogitechMouse on June 30, 2020, 12:40:54 PM You can pull out your investment there anytime since the dilution fee has been removed. Anyway, I also experienced what you've experienced too. I started also with a negative profit but it didn't took long. I think in less than a week, I saw my investment turned into green already. I also saw my investment lose at around 15k-20k sats I think but didn't bother me though since I'm investing already for a long time and these small ups and downs doesn't move me anything at all or doesn't make me decide what will I do next. Put a larger amount of money into it so you have a higher share of profit or you can put an X amount this week and another X amount this week since you're in Yolodice too. You can invest your BTC there quickly. Same with me. I don't really check it much but upon reading all the investment thread, I had the urge to look at it. ;D Last time I checked I was at +15k satoshis. Now I am at +6k. I don't know how it is calculated but I am still happy to see the green numbers. Maybe it will take more time before we could really see a better green amount. ;) I know that is quite weird not advisable but I'm ok with it. Within the past days, some of my profit got wiped but now it is slowly recovering already. Getting profit will really take time especially if you invested a small amount of BTC only like I did. Just be patient. Investing in gambling sites and get profit really takes time but that would be better instead of just holding it. Or maybe I will stop checking it too but it is my daily habit already :D. I will try to lessen my times of checking it :D. Title: Re: Snipie's gambling investment test Post by: Reid on June 30, 2020, 01:09:29 PM We are doing the exact opposite :D. You aren't checking it too much while I'm checking it early in the morning until the night :D. That's cool. I know that is quite weird not advisable but I'm ok with it. Within the past days, some of my profit got wiped but now it is slowly recovering already. Getting profit will really take time especially if you invested a small amount of BTC only like I did. Just be patient. Investing in gambling sites and get profit really takes time but that would be better instead of just holding it. Or maybe I will stop checking it too but it is my daily habit already :D. I will try to lessen my times of checking it :D. Perhaps you could also create the same thread like Snipie did since you are already making efforts into checking it daily. Just a suggestion though. :D I accidentally closed my investment. I don't really know how it happened. I opened a new tab while the other is at the investment window. Shit happens. So I restarted a new one with a higher amount. I am getting better numbers now and is still in green light. ;D Hoping this will continue. It is still in BTC investment. Title: Re: Snipie's gambling investment test Post by: stadus on June 30, 2020, 01:31:39 PM Ouch, that LTC Graph looks bad... Investors took a huge hit on that one! :O My BTC Invest is still in red, but Im not too worried, just need to stop checking it soo often :D Maybe set a goal and time frame of your investment so you don't have to check your investment on a daily basis, that's very stressful mate, you need to learn how to discipline yourself and just trust the gambling site you are investing with. Title: Re: Snipie's gambling investment test Post by: snipie on June 30, 2020, 02:03:42 PM Ouch, that LTC Graph looks bad... Investors took a huge hit on that one! :O My BTC Invest is still in red, but Im not too worried, just need to stop checking it soo often :D Maybe set a goal and time frame of your investment so you don't have to check your investment on a daily basis, that's very stressful mate, you need to learn how to discipline yourself and just trust the gambling site you are investing with. We definitely try to disciple ourselves but at the end everybody is checking the bitcoin chart/price everyday ;) Title: Re: Snipie's gambling investment test Post by: snipie on July 01, 2020, 11:23:29 AM Updated the table. We are now in week 4.
Still a reddish week on both BTC and LTC investments although investors suffered huge losses in LTC due to crazy whales. I was there when a guy grabbed around 170 LTC in few minutes. Now my LTC investment is minus -0.04. For BTC things are getting better and we may profit again soon tho Title: Re: Snipie's gambling investment test Post by: freedomgo on July 01, 2020, 01:05:44 PM Updated the table. We are now in week 4. Still a reddish week on both BTC and LTC investments although investors suffered huge losses in LTC due to crazy whales. I was there when a guy grabbed around 170 LTC in few minutes. Now my LTC investment is minus -0.04. For BTC things are getting better and we may profit again soon tho You are just negative of "- 0.2899 %", that's a very small loses, if we can stomach our loses investing in crypto where we lose 50% of our investment, for sure this one is not really a big deal, and I believe that your investment will eventually grow and you'll get a positive ROI soon. Title: Re: Snipie's gambling investment test Post by: STT on July 01, 2020, 11:20:59 PM Quote 3% on my main investment. My second one is -6% Is it fair to say when we see a dip like this it might be a good time to enter the market, presuming that the house loss or bad run will turn back to profits also in future just by the laws of probability. Thats presuming the whale or whatever situation caused the loss, continues their games and allows the casino to get back its house fee and recover the profits on future games. If people never won after all we'd just see a continual decline in business and revenue so its some kind of hidden positive when the casino pays out big? Title: Re: Snipie's gambling investment test Post by: snipie on July 01, 2020, 11:57:54 PM Quote 3% on my main investment. My second one is -6% Is it fair to say when we see a dip like this it might be a good time to enter the market, presuming that the house loss or bad run will turn back to profits also in future just by the laws of probability. Thats presuming the whale or whatever situation caused the loss, continues their games and allows the casino to get back its house fee and recover the profits on future games. If people never won after all we'd just see a continual decline in business and revenue so its some kind of hidden positive when the casino pays out big? There is crazy dudes betting with big numbers, 10 BTC? seriously! I gotta have a heart attack, depression and every thing you could imagine if I lose it. So Yolo is winning most of the time and sometimes huge whales come and eat the whole tuna tribe. The problem you never know when they will come again. The investment will recover surely but how long it takes? Is investing now safe? No one knows Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 02, 2020, 12:09:15 AM I just wake up in the morning and I see this:
https://i.imgur.com/5XlZiik.png That huge red candle take some of my profit and I know that some experienced it too. From 70k sats profit down to just 20k as of this moment. What happened to the investment of other investors here? Just sad on my part but it is part of the game. What a lucky gambler he is :D. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 02, 2020, 05:10:04 AM I just wake up in the morning and I see this: https://i.imgur.com/5XlZiik.png That huge red candle take some of my profit and I know that some experienced it too. From 70k sats profit down to just 20k as of this moment. What happened to the investment of other investors here? Just sad on my part but it is part of the game. What a lucky gambler he is :D. Wow, I was lucky enough to pull a big portion of my investment before the red candle hit the Bankroll! But thats gambling, he was lucky and the house lost on this one, thats why investments should be long term, because the house always wins in the end... I ended my investment in the red, but I needed them BTC but lucky I pulled when I did. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 02, 2020, 07:04:30 AM What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random?
I'm just thinking: -How often did you withdraw your profit from gambling site? If someone wins big: In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks). If someone loose big: In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money. So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 02, 2020, 08:43:10 AM What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random? I'm just thinking: -How often did you withdraw your profit from gambling site? If someone wins big: In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks). If someone loose big: In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money. So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment. That does make sense indeed. I have heard of it multiple times that its good to invest on dips. Players are greedy, they simply are! So when people win, they usually dont leave the casino with the winnings. They stay or come back and gamble again, often losing their winnings and even more on top of that. There can only be so much luck and the house edge will eventually even out. Same goes for people losing as you mentioned, they keep chasing their losses and lose more and more... Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 02, 2020, 09:01:01 AM I just wake up in the morning and I see this: https://i.imgur.com/5XlZiik.png That huge red candle take some of my profit and I know that some experienced it too. From 70k sats profit down to just 20k as of this moment. What happened to the investment of other investors here? Just sad on my part but it is part of the game. What a lucky gambler he is :D. Wow, I was lucky enough to pull a big portion of my investment before the red candle hit the Bankroll! But thats gambling, he was lucky and the house lost on this one, thats why investments should be long term, because the house always wins in the end... I ended my investment in the red, but I needed them BTC but lucky I pulled when I did. Well, you're right. Investing in a gambling site is considered gambling too and if a gambler came to get huge profit then he is lucky. That is how gambling works too so no need to be afraid off :D. I have put my mindset already into a state where I don't feel anything if I will incur a huge loss in my investment. I'm still in profit right now though but... yeah hahaha lucky for you that you pulled your investment there or you will have a larger loss. Title: Re: Snipie's gambling investment test Post by: leea-1334 on July 02, 2020, 09:25:35 AM Yep, I was affected too (1.6% right now over the last week) but the thing is we really cannot view the charts like this. Casino and house edge is all about long term and in this sense we talk about years, not months. For years I was in profit at bitvest too, and then boom this year it wiped almost everything out because of a lucky whale. I am confident it will still give profit over long term but again, we mean YEARS. The same will happen for yolo, minus variance for sure.
Title: Re: Snipie's gambling investment test Post by: stadus on July 02, 2020, 10:54:07 AM Ouch, that LTC Graph looks bad... Investors took a huge hit on that one! :O My BTC Invest is still in red, but Im not too worried, just need to stop checking it soo often :D Maybe set a goal and time frame of your investment so you don't have to check your investment on a daily basis, that's very stressful mate, you need to learn how to discipline yourself and just trust the gambling site you are investing with. We definitely try to disciple ourselves but at the end everybody is checking the bitcoin chart/price everyday ;) Yeah that's it, I know it's hard at the beginning but along the way you'll learn to discipline yourself. Actually it's nice to monitor it daily but you need to ensure that it's not affecting you, thing is, we are human, when we are happy or we are sad, it might change our mood, and we know investing is like gambling as well, sometimes we have a bad days so if we are mature, we will be able to face that without any problem. Title: Re: Snipie's gambling investment test Post by: Reid on July 02, 2020, 01:10:57 PM Did you all felt it too or is it just me?
https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? Title: Re: Snipie's gambling investment test Post by: snipie on July 02, 2020, 01:49:06 PM Did you all felt it too or is it just me? We all suffered this loss depending from our share in the bankroll. That big deep was quite unexpected but of course possible. Lucky whale! https://i.ibb.co/dmx935C/yolo2.png (https://i.ibb.co/dmx935C/yolo2.png) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? https://i.imgur.com/qnU94N5.jpg Title: Re: Snipie's gambling investment test Post by: Maus0728 on July 02, 2020, 02:38:40 PM What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random? I recently closed my investment due to negative return caused by lucky gamblers and it was a surprise that today had a massive dip of more or less 4 BTC from the reflected site profit.You have a point though, but the fact that the lucky winner have gained an upperhand on the casino, he/she is more likely going to bet a larger amount of money knowing that the lucky whale have an option to choose a higher chance of winning rate :(. Title: Re: Snipie's gambling investment test Post by: DarkDays on July 02, 2020, 04:33:52 PM Did you all felt it too or is it just me? https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? A large whale can easily tank the bankroll of a relatively small casino by -1.5%. Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur. Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year. Better hope another whale doesn't come along and knock it back even further in that time. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 02, 2020, 04:35:33 PM We all suffered this loss depending from our share in the bankroll. That big deep was quite unexpected but of course possible. Lucky whale! I must say that it was not unexpected :) It was only - 1.2% - quite normal. In April 2019 we've seen 2 red weeks with -7% and in January -11% after 4 lucky days for whale. This second dump is interesting because after that there was 40% in 2 months. Someone was chasing loses like crazy. Title: Re: Snipie's gambling investment test Post by: stomachgrowls on July 02, 2020, 09:52:06 PM Did you all felt it too or is it just me? https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? A large whale can easily tank the bankroll of a relatively small casino by -1.5%. Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur. Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year. Better hope another whale doesn't come along and knock it back even further in that time. These are the things that you should worry about when you are investing with the house on which you shouldnt hope for someone to have big wins or streaks because this would really result into negative ones but we know that house do always win but there are instances on where players do win big time. So these kind of situation cant really be avoided. I do see reds for several weeks basing of the table shown but small percentage wont really hurt that much though. Title: Re: Snipie's gambling investment test Post by: Natalim on July 02, 2020, 10:34:59 PM Did you all felt it too or is it just me? https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? A large whale can easily tank the bankroll of a relatively small casino by -1.5%. Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur. Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year. Better hope another whale doesn't come along and knock it back even further in that time. These are the things that you should worry about when you are investing with the house on which you shouldnt hope for someone to have big wins or streaks because this would really result into negative ones but we know that house do always win but there are instances on where players do win big time. So these kind of situation cant really be avoided. I do see reds for several weeks basing of the table shown but small percentage wont really hurt that much though. That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax. As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time. I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business. Title: Re: Snipie's gambling investment test Post by: jademaxsuy on July 03, 2020, 05:01:12 AM That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax. Loss is part of investment and it coule be far worse than it could be if not having much luck in the investments. There are always times for difficulties and times for higher profits or high returns.As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time. I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business. As expected most of the investment had already taking plan one step ahead and that enable for any establisment to coup up with the losses. However, there are kind of investment that will only bloom in a certain trend and it could goes around after lossing some new trends. Therefore it will be a good practice that when one invest should understand and apply new trends as changes so that business will always resume as time passes by. Title: Re: Snipie's gambling investment test Post by: Reid on July 03, 2020, 07:31:40 AM Did you all felt it too or is it just me? https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? A large whale can easily tank the bankroll of a relatively small casino by -1.5%. Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur. Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year. Better hope another whale doesn't come along and knock it back even further in that time. Or, we need more players that could suffice that loss. Like a balance of 1 whale = 20 average players. I think that should be enough. I am not actually worried about this since we are investing in the house. It can come back to a green color anytime. If that whale comes back without lady luck on his side then we will be gaining once again. ;D Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 03, 2020, 07:40:11 AM Or, we need more players that could suffice that loss. Like a balance of 1 whale = 20 average players. I think that should be enough. I am not actually worried about this since we are investing in the house. It can come back to a green color anytime. If that whale comes back without lady luck on his side then we will be gaining once again. ;D Most gamblers are not disciplined... I can almost guarantee he will come back to bet again... thinking "Wow I made so much money, how about I go back to make more".... He will be back and thats how odds work, he will lose it... Buuut some are disciplined, maybe he took his winnings and signed off. Title: Re: Snipie's gambling investment test Post by: glowing10 on July 03, 2020, 09:46:40 AM The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.
https://i.imgur.com/d9oUKtf.png Title: Re: Snipie's gambling investment test Post by: Natalim on July 03, 2020, 09:51:09 AM That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax. Loss is part of investment and it coule be far worse than it could be if not having much luck in the investments. There are always times for difficulties and times for higher profits or high returns.As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time. I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business. As expected most of the investment had already taking plan one step ahead and that enable for any establisment to coup up with the losses. However, there are kind of investment that will only bloom in a certain trend and it could goes around after lossing some new trends. Therefore it will be a good practice that when one invest should understand and apply new trends as changes so that business will always resume as time passes by. In this particular investment, we know what are the trends because before we come up with the decision to invest, we also experience to be a gambler and we know that the house always wins, and that's the reality since they have the house edge. However, "always" does not mean a gambling site will profit everyday but they'll be profitable in the long run and that's a sure thing. For OP, he just lose -1.5% from his total investment which is not alarming, eventually he will be profitable because that's the trend and nature of casino. Title: Re: Snipie's gambling investment test Post by: snipie on July 03, 2020, 01:06:20 PM The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red. It is just 1 click to decide your money fate and that whale was lucky this time.[urk]https://i.imgur.com/d9oUKtf.png[/url] Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks ;) For the LTC investment it is doing better, still negative but there is like 40% progression. Title: Re: Snipie's gambling investment test Post by: Reid on July 05, 2020, 03:17:46 AM The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red. It is just 1 click to decide your money fate and that whale was lucky this time.[urk]https://i.imgur.com/d9oUKtf.png[/url] Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks ;) For the LTC investment it is doing better, still negative but there is like 40% progression. After it jumped down its getting more difficult to equal the losses. I don't mind the red mark. Everyone should also see how much we are losing. It just proves that not all investment are perfect. There will always be ups and downs. Maybe this could also be a lesson to those who will try to invest in Yolodice. My status: -1.5926% −0.00039815 BTC Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 05, 2020, 07:30:14 AM Did you all felt it too or is it just me? I've already said it and we all experienced it: https://bitcointalk.org/index.php?topic=5254959.msg54717737#msg54717737https://i.ibb.co/dmx935C/yolo2.png (https://ibb.co/NTbhkyD) As I said before, I recently renewed my investment with more addition because I accidentally closed it. Is this the product of starting over again or did it really just went down with all of us? Some lucky whales won a huge amount of money making our profits poof in an instant :D. My profits for weeks have been gone in an instant. Its part of the game though and as of this moment, it is starting to increase again. Still I don't really affected by this huge down of my profits since I've seen things like this over and over and over again :D. Just wait for your losses to be gone but it would take weeks I think. Luckily there is no dilution fees in Yolodice or your loss will be lower. Title: Re: Snipie's gambling investment test Post by: snipie on July 05, 2020, 11:55:59 AM Luckily there is no dilution fees in Yolodice or your loss will be lower. It depends with the dilution fees. If your investment is old and many invested after you, you will likely get a part of that money that may equal to your loss or maybe more (depends on the share rate).If you just invested and payed the dilution fee and you face that deep without having having enough investors coming in the short/medium then your losses will be higher and harder to recover quickly. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 05, 2020, 06:03:02 PM Exactly! A dillution fee is bad for the investor but all the people that have invested normally get a small piece of that pie. So when alot of new investors join the investment that sum can make an investment also turn a profit.
Title: Re: Snipie's gambling investment test Post by: snipie on July 06, 2020, 04:44:52 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :(
Title: Re: Snipie's gambling investment test Post by: Lucasgabd on July 06, 2020, 09:25:07 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( patience. we can't take conclusions about the crypto markets observing the short term trend it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money. Title: Re: Snipie's gambling investment test Post by: Mahanton on July 06, 2020, 10:28:59 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( patience. we can't take conclusions about the crypto markets observing the short term trend it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money. Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then you should be aware of it. OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.? Title: Re: Snipie's gambling investment test Post by: snipie on July 06, 2020, 10:46:54 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( patience. we can't take conclusions about the crypto markets observing the short term trend it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money. Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then you should be aware of it. OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.? For the comparison you can check this topic https://bitcointalk.org/index.php?topic=5239794.0 Yatsan already invested in Yolodice and bustadice months before me. Personally I don't think I will open any new investment soon. Title: Re: Snipie's gambling investment test Post by: Mahanton on July 06, 2020, 11:03:40 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( patience. we can't take conclusions about the crypto markets observing the short term trend it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money. Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then you should be aware of it. OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.? For the comparison you can check this topic https://bitcointalk.org/index.php?topic=5239794.0 Yatsan already invested in Yolodice and bustadice months before me. Personally I don't think I will open any new investment soon. Yeah ive seen that one and we do appreciate on what you are trying to show here on where people can have at least some glimpse on how gambling site investment works. even myself arent really that aware on how much you would earn or loss in a particular of time.This sums up that volatility is one of the problems if you do base up on fiat value. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 06, 2020, 11:51:40 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( I also saw my profits slowly withering away as days go by :D.Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me :D. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away :D. Title: Re: Snipie's gambling investment test Post by: Finestream on July 06, 2020, 11:57:10 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( I also saw my profits slowly withering away as days go by :D.Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me :D. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away :D. Luck is not consistent but your house edge is consistent, so trust the system, eventually these whales will just have their losing days and everything will be back in green. That's the beauty of investing in a casino, you will feel the excitement as there are up and down results, but like I said, you have the house edge so you'll end up profitable. Title: Re: Snipie's gambling investment test Post by: Natalim on July 07, 2020, 10:00:54 AM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( I also saw my profits slowly withering away as days go by :D.Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me :D. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away :D. This is correct that not every day will be same and investing in gambling site just like others have the risk and one should be ready to bear those risk. Though it generally does not happen that easily but once a while a lucky whale wins big and thus results into losses for the investors who had invested such sites. Anyways in longer term this will yield you profits its only matter of time. Try to see it through a bigger picture, if there are casinos out there that got bankrupt because whales hit big time, then it's right to believe that they are a threat, but there's none, because casinos have limits and they know what they are doing, they don't need to win all the time but they will certainly win most of the time. Title: Re: Snipie's gambling investment test Post by: Maus0728 on July 07, 2020, 11:11:00 AM https://i.imgur.com/tyFwa9V.png
For those people who are investing in LTC. Look at at your investments, someone won an approximate 100 LTC causing your investments to drop. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 07, 2020, 11:15:01 AM Ufff, some hard hits have been coming in...
LTC, BTC and Doge have been gotten hit hard with some huge wins. Title: Re: Snipie's gambling investment test Post by: snipie on July 07, 2020, 11:48:40 AM [url]https://i.imgur.com/tyFwa9V.png[/urk] I saw a guy later betting with a considerable amount of LTC and now I was watching him in real time, once he was losing I pulled out my LTC investment with a tiny profit since It wasn't my point to hold it for a long term. Of course my BTC investment will remains for a long time and normally I will update the table tomorrow. For those people who are investing in LTC. Look at at your investments, someone won an approximate 100 LTC causing your investments to drop. https://i.imgur.com/djgjo3K.jpg Title: Re: Snipie's gambling investment test Post by: snipie on July 08, 2020, 01:50:39 PM Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\
Even in the bonuses game I was n1 in the first days then 38 now. No luck :( Title: Re: Snipie's gambling investment test Post by: stadus on July 09, 2020, 09:38:04 AM Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ Even in the bonuses game I was n1 in the first days then 38 now. No luck :( That depends on the luck of the whales, if their turn to lose, you might recover your investment even before one month. You are negative - 2.1539 % based on your report, it does not hurt you a lot, small lose will not recover big time to recover, you'll be in green light soon. Title: Re: Snipie's gambling investment test Post by: jademaxsuy on July 09, 2020, 12:35:43 PM Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ Even in the bonuses game I was n1 in the first days then 38 now. No luck :( That depends on the luck of the whales, if their turn to lose, you might recover your investment even before one month. You are negative - 2.1539 % based on your report, it does not hurt you a lot, small lose will not recover big time to recover, you'll be in green light soon. Basing on the data OP had provided that during the first few weeks he/she made some gains. Yet, the following weeks had made lot of losses to which it total to almost 2%. Yet, as what others had mention 2% is just tolerable.I will just keep in touch with this post. I can learn from and OP still had updates from time to time. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 09, 2020, 01:37:36 PM The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales :( I also saw my profits slowly withering away as days go by :D.Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me :D. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away :D. This is correct that not every day will be same and investing in gambling site just like others have the risk and one should be ready to bear those risk. Though it generally does not happen that easily but once a while a lucky whale wins big and thus results into losses for the investors who had invested such sites. Anyways in longer term this will yield you profits its only matter of time. Try to see it through a bigger picture, if there are casinos out there that got bankrupt because whales hit big time, then it's right to believe that they are a threat, but there's none, because casinos have limits and they know what they are doing, they don't need to win all the time but they will certainly win most of the time. Title: Re: Snipie's gambling investment test Post by: Reid on July 09, 2020, 01:42:58 PM Even in the bonuses game I was n1 in the first days then 38 now. No luck :( I think I was at 60+ rank. I stopped when I become greedy increasing the bet from my winnings. ;D Those guys out there must be doing it like 24/7 to keep their ranks on top. Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ I may try your LTC technique if this red mark will keep on going in weeks to come. For now, I am trying to monitor how much are LTC bettors. Title: Re: Snipie's gambling investment test Post by: snipie on July 09, 2020, 03:20:05 PM Even in the bonuses game I was n1 in the first days then 38 now. No luck :( I think I was at 60+ rank. I stopped when I become greedy increasing the bet from my winnings. ;D Those guys out there must be doing it like 24/7 to keep their ranks on top. They might be playing 50/50 +0.002 ETH with big amount so they can keep rolling hundreds bets... Anyway waiting for the next competition :D Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ I may try your LTC technique if this red mark will keep on going in weeks to come. For now, I am trying to monitor how much are LTC bettors. Title: Re: Snipie's gambling investment test Post by: stadus on July 09, 2020, 11:10:15 PM That is why there are little casinos or gambling sites that are ending up with a bankrupt because not all the time gamblers are winning. Gamblers who are winning will just come once and it will took a long time again before another one will win again. Casinos or even gambling sites doesn't ending up in bankrupt because they know that they are winning most of the time. As I said, not everyday is lucky day for the gambler but at the same time not everyday is lucky day for us investors on their site too :D. I don't believe that's the reason why small casinos got bankrupt. They know they are a small casinos, therefore they also have small limit compared to big casinos, IMO, the main reason they got bankrupt is because they can't attract a good number of gamblers, hence that would result to a lower revenue while their expenses is still fix, in short, it could be the lack of marketing and a small amount of capital in the business. Title: Re: Snipie's gambling investment test Post by: DarkDays on July 10, 2020, 12:24:56 AM Although there is an increase in number of players at these casinos, I think that the overall revenue has dropped in the last few months, since people are less willing to spend money since they might been laid off at work or have poor job security. Because of this, it could simply be that the losses are taking longer to recoup than normally. It shouldn't be possible for a whale to tank the bankroll for a long time unless the game is improperly set up to prevent this, or he gets astronomically lucky.
Title: Re: Snipie's gambling investment test Post by: Ziskinberg on July 10, 2020, 05:05:24 AM Although there is an increase in number of players at these casinos, I think that the overall revenue has dropped in the last few months, since people are less willing to spend money since they might been laid off at work or have poor job security. What I know is the opposite, I read somewhere that the revenue of crypto casinos have increase since gamblers are not anymore allowed to gamble in a land based casino, so they have no option but to gamble online and the situation also helped for the crypto casinos to be introduce to them. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 10, 2020, 05:24:27 AM Although there is an increase in number of players at these casinos, I think that the overall revenue has dropped in the last few months, since people are less willing to spend money since they might been laid off at work or have poor job security. What I know is the opposite, I read somewhere that the revenue of crypto casinos have increase since gamblers are not anymore allowed to gamble in a land based casino, so they have no option but to gamble online and the situation also helped for the crypto casinos to be introduce to them. Las Vegas has been opened up, well partly and I think there are still loads of people that know nothing of crypto and play in a local casino. While I do think that more gamblers have joined crypto gambling, I think its just a case of variance that the yolo has been hit by. A whale can come in, get lucky, come back and be lucky again... then come back and lose it all... Small time gamblers will build up the BR again, but of course it will take a lot longer... Title: Re: Snipie's gambling investment test Post by: Ziskinberg on July 10, 2020, 05:47:27 AM Although there is an increase in number of players at these casinos, I think that the overall revenue has dropped in the last few months, since people are less willing to spend money since they might been laid off at work or have poor job security. What I know is the opposite, I read somewhere that the revenue of crypto casinos have increase since gamblers are not anymore allowed to gamble in a land based casino, so they have no option but to gamble online and the situation also helped for the crypto casinos to be introduce to them. There has being an increase in number of people in online casinos because of the lockdown as casinos have being closed. So that benefit will be a huge to the gambling sites as they always have an edge and make money. Quote Also, some of them may quit considering they do not have job, or not getting paid on other hand some of them would be trying their luck to see if they can make some quick money in process so that it can help them financially. Maybe there are few but it's not substantial enough to contribute to the increase of revenue of the site, most people if they don't have job would prefer not to gamble, only irresponsible people would try their luck when they don't even have a job. Title: Re: Snipie's gambling investment test Post by: Reid on July 10, 2020, 05:48:36 AM Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ I may try your LTC technique if this red mark will keep on going in weeks to come. For now, I am trying to monitor how much are LTC bettors. Yeah, I will take that risk for as long as there is no Dilution fee yet. The downside is having a long list of investment numbers. ;D Maybe just getting back what I had lost from my BTC investment and gambling will be enough. How about in Doge? Have you tried doing the same thing? Damn didn't understand how they did it. My best lucky shot was 28 tho then ~87. The first day was the first, never thought I will be kicked from the table. You're playing dice in Ethereum? They might be playing 50/50 +0.002 ETH with big amount so they can keep rolling hundreds bets... Anyway waiting for the next competition :D We won't get the profits from our investments if you are playing there. ;D Title: Re: Snipie's gambling investment test Post by: snipie on July 10, 2020, 02:00:35 PM Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting :-\ I may try your LTC technique if this red mark will keep on going in weeks to come. For now, I am trying to monitor how much are LTC bettors. Yeah, I will take that risk for as long as there is no Dilution fee yet. The downside is having a long list of investment numbers. ;D Maybe just getting back what I had lost from my BTC investment and gambling will be enough. How about in Doge? Have you tried doing the same thing? Damn didn't understand how they did it. My best lucky shot was 28 tho then ~87. The first day was the first, never thought I will be kicked from the table. You're playing dice in Ethereum? They might be playing 50/50 +0.002 ETH with big amount so they can keep rolling hundreds bets... Anyway waiting for the next competition :D We won't get the profits from our investments if you are playing there. ;D ETH dicing mainly in competition, LTC and BTC sometimes, doge rarely. Tried doge dice, picked low, got like 10 high... Tried again and again and failed. LTC today was the same, too many consecutive red in 50% chance lol. Bad day :-\ Title: Re: Snipie's gambling investment test Post by: glowing10 on July 11, 2020, 06:43:23 AM This week as well it seems your loses would increase because there was a 2+ btc won ystd by someone and thus for the people with the open position their profits if any would be reduced or turned in losses and for those who are continuing with their investment will just add up more losses to it. This is how the gambling investment works. Hope the site make some profits which will happen eventually and will be big relief for the investors.
Title: Re: Snipie's gambling investment test Post by: snipie on July 11, 2020, 11:23:03 AM This week as well it seems your loses would increase because there was a 2+ btc won ystd by someone and thus for the people with the open position their profits if any would be reduced or turned in losses and for those who are continuing with their investment will just add up more losses to it. This is how the gambling investment works. Hope the site make some profits which will happen eventually and will be big relief for the investors. Yeah actually my losses just multiplied by 2 yesterday and I was connecting when a user won those BTC. I think I will update the table again this week... https://i.imgur.com/ztzjegz.jpg Title: Re: Snipie's gambling investment test Post by: Reid on July 12, 2020, 03:27:54 PM Just checked mine. Yeah, it doubled in red. :-\
Lucky winner. I am at −0.00096167 now and I think this will be more difficult to go back to green. Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. ;) Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 13, 2020, 05:20:34 AM Just checked mine. Yeah, it doubled in red. :-\ Lucky winner. I am at −0.00096167 now and I think this will be more difficult to go back to green. Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. ;) All you have to hope is that the lucky winner comes back and plays again. :D No seriously, the players normally come back feeling lucky, play again, chase and lose. Title: Re: Snipie's gambling investment test Post by: bitcoinisbest on July 13, 2020, 05:46:03 AM Just checked mine. Yeah, it doubled in red. :-\ Lucky winner. I am at −0.00096167 now and I think this will be more difficult to go back to green. Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. ;) All you have to hope is that the lucky winner comes back and plays again. :D No seriously, the players normally come back feeling lucky, play again, chase and lose. This could be true because greed is something which brings back people to play and make more money. And if person who had won it cannot control the emotions would come back to play and now possibly with bigger amount as has got big profits and try the luck. Seeing many investors have lost all their profits and now sitting on loses. It will recover but may just need to have patience form now on. Title: Re: Snipie's gambling investment test Post by: Vaculin on July 13, 2020, 06:43:05 AM Just checked mine. Yeah, it doubled in red. :-\ Lucky winner. I am at −0.00096167 now and I think this will be more difficult to go back to green. Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. ;) All you have to hope is that the lucky winner comes back and plays again. :D No seriously, the players normally come back feeling lucky, play again, chase and lose. This could be true because greed is something which brings back people to play and make more money. And if person who had won it cannot control the emotions would come back to play and now possibly with bigger amount as has got big profits and try the luck. Seeing many investors have lost all their profits and now sitting on loses. It will recover but may just need to have patience form now on. Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win. Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 13, 2020, 09:54:47 AM Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win. Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever. This. In the long run the House Edge will favor the House and the house will always end up in profit. Of course there will be ups and downs, but due to the Edge the House and us investors will win. Its just a matter of time and patience and having a BR big enough to cope with the losses. Title: Re: Snipie's gambling investment test Post by: snipie on July 13, 2020, 10:02:01 AM Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win. Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever. This. In the long run the House Edge will favor the House and the house will always end up in profit. Of course there will be ups and downs, but due to the Edge the House and us investors will win. Its just a matter of time and patience and having a BR big enough to cope with the losses. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 13, 2020, 10:50:20 AM But we don't know when the negative profit will be change into green, and if the green comes, maybe you don't have to wait for a long time to close the investment. By closing the investment, no matter if the profit is small, you still get the profit, but if you wait for more, there is no guarantee that the green will stay there. Thats why its still considered gambling. ;) But youre on the side of the house when investing. Title: Re: Snipie's gambling investment test Post by: wxa7115 on July 13, 2020, 07:23:27 PM Just checked mine. Yeah, it doubled in red. :-\ Assuming that the casino in which you are investing is doing things properly and their risk of bankruptcy is low or even zero then you should eventually recover your money and see profits, however by nature investing in a casino bankroll should be considered a long term investment, as you may guess you may be lucky and invest just when a whale losses a huge amount of money and get great profits right away but the opposite can happen as well in which case it will take you some time to recover your money.Lucky winner. I am at −0.00096167 now and I think this will be more difficult to go back to green. Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. ;) Title: Re: Snipie's gambling investment test Post by: Natalim on July 13, 2020, 09:00:23 PM however by nature investing in a casino bankroll should be considered a long term investment, If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN. Title: Re: Snipie's gambling investment test Post by: leea-1334 on July 14, 2020, 02:15:24 PM If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN. Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when). Title: Re: Snipie's gambling investment test Post by: Finestream on July 14, 2020, 02:55:33 PM If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN. Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when). Or we can say it's just a matter of discipline. Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret. When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed. Title: Re: Snipie's gambling investment test Post by: snipie on July 15, 2020, 08:04:15 PM Updated the table.
More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person! Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change ;) Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 15, 2020, 11:34:13 PM Updated the table. I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person! Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change ;) I did it because I need the money immediately for personal purposes. Well, lets just not visit the site for a while and focus on something :D. For sure you will be frustrated if you will visit your investment just to see that it is at a loss. Title: Re: Snipie's gambling investment test Post by: snipie on July 15, 2020, 11:41:23 PM Updated the table. I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person! Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change ;) I did it because I need the money immediately for personal purposes. Well, lets just not visit the site for a while and focus on something :D. For sure you will be frustrated if you will visit your investment just to see that it is at a loss. Well since you pulled your money I should advise you to study very well the current situation. You either invest and start climbing or invest and keep drawing! It is gambling for real which I wasn't aware of until I started investing :-[ Title: Re: Snipie's gambling investment test Post by: Negotiation on July 16, 2020, 03:48:56 AM The main purpose of investment is to make profit However,it may be at a logical stage This requires well-thought-out and analytical investment. No matter what business you do if you don't invest wisely you will incur losses And if that is the stock market then there is no more talk. This is a very sensitive sector for investment You and your whole family may have to sit on the road for a while That is why we should always monitor the market before investing The market is changing with the advancement of technology.
Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 16, 2020, 05:06:41 AM The main purpose of investment is to make profit However,it may be at a logical stage This requires well-thought-out and analytical investment. No matter what business you do if you don't invest wisely you will incur losses And if that is the stock market then there is no more talk. This is a very sensitive sector for investment You and your whole family may have to sit on the road for a while That is why we should always monitor the market before investing The market is changing with the advancement of technology. You should never invest more than you are willing to lose. I mean on a gambling site you should never invest all of your live savings that would put you in a bad situation if you lose it... I repeat NEVER! Title: Re: Snipie's gambling investment test Post by: iamsheikhadil on July 16, 2020, 05:26:47 AM Ouchie, that looks red streak, but I guess one needs to invest for years sometimes or sometimes it's just pure luck as many lucky players win at same time. The key is probably margin, because if you are betting with a huge margin then you will win/lose faster but if you aren't willing to take such risks then slow growth/loss will what it be!
Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 16, 2020, 10:28:02 AM Updated the table. I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person! Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change ;) I did it because I need the money immediately for personal purposes. Well, lets just not visit the site for a while and focus on something :D. For sure you will be frustrated if you will visit your investment just to see that it is at a loss. Well since you pulled your money I should advise you to study very well the current situation. You either invest and start climbing or invest and keep drawing! It is gambling for real which I wasn't aware of until I started investing :-[ Its just that I really need the money right now because of personal problems and I decided to invest some of it into different investments too like Stock Market and in Ethereum too. For sure I will keep myself updated to this thread and I will invest again in the site. Title: Re: Snipie's gambling investment test Post by: mezzaluna on July 16, 2020, 10:51:34 AM That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well.
You can also try investing on other Gambling assets like being an sponsor to Gambling websites if that is possible. Title: Re: Snipie's gambling investment test Post by: stadus on July 19, 2020, 07:28:31 AM That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well. There is no such thing as non risky in the crypto space, investing in a casino for me is even less risky compared to buying and holding a coins, or participating in IEO. You can also try investing on other Gambling assets like being an sponsor to Gambling websites if that is possible. Sponsor how? I think that entails huge money. Title: Re: Snipie's gambling investment test Post by: LogitechMouse on July 19, 2020, 08:45:44 AM That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well. Compare to other types of investment, investing in gambling sites is surely risky but that would be better for me than just holding my BTC.Can someone who are still invested in Yolodice share some of their profits/losses :) I'm watching the chart and right now it is sideways so the profit/losses from investors are not that much. Title: Re: Snipie's gambling investment test Post by: bitcoinisbest on July 19, 2020, 08:50:19 AM That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well. Compare to other types of investment, investing in gambling sites is surely risky but that would be better for me than just holding my BTC.Can someone who are still invested in Yolodice share some of their profits/losses :) I'm watching the chart and right now it is sideways so the profit/losses from investors are not that much. This would be interesting to see as also I think considering some of the whales winning it recently many of this investor have lost the amount and have closed their potions just to avoid further loses. So, if any existing position is still open then would be nice to check their progress. Title: Re: Snipie's gambling investment test Post by: snipie on July 19, 2020, 10:42:59 AM In addition to the charts, you can monitor the numbers below to see how many joined or retracted from investment.
Since I am monitoring my share in the bankroll, it is today 0.005280% while it was 0.005301% a few days ago. So at least for bitcoin, the invested amount is rising a little. I don't know about the other coins but LTC investors seem to have a huge losses with approximately -200 LTC lost from the bankroll! Trying to estimate, it is -2.14% losses! Meanwhile doge investors are enjoying greenish days after a long time red. Title: Re: Snipie's gambling investment test Post by: hatshepsut93 on July 19, 2020, 09:20:55 PM This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.
Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 20, 2020, 05:04:00 AM This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose. I would consider 34% in 3 years as very good! Thats about 11% a year, I would be pretty happy with a return like that! Thanks for sharing a long term invesment result! Title: Re: Snipie's gambling investment test Post by: snipie on July 20, 2020, 10:47:07 AM This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose. I would consider 34% in 3 years as very good! Thats about 11% a year, I would be pretty happy with a return like that! Thanks for sharing a long term invesment result! With the actual trending and after 1 month and a half, +5% ROI this year will be more than enough tho ::) Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 20, 2020, 11:03:31 AM With the current trend its a win win situtation if you end up in profit at all! :D
Title: Re: Snipie's gambling investment test Post by: Ziskinberg on July 20, 2020, 11:30:11 AM This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose. I would consider 34% in 3 years as very good! Thats about 11% a year, I would be pretty happy with a return like that! Thanks for sharing a long term invesment result! Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. ' like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0 Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 20, 2020, 12:37:23 PM Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. ' like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0 Yeah but you cant really compare them two sites. Of course there will always be that small risk but BetBit already had shady activities. The ratings of that site were already bad before the went out dark and stole funds... Of course its important to be sure where you invest and keep an eye on the site! Title: Re: Snipie's gambling investment test Post by: snipie on July 20, 2020, 01:26:54 PM With the current trend its a win win situtation if you end up in profit at all! :D Hahaha, nice comment. In fact it is win - better than losing situation lol.Without a positive ROI, there is no need to continue tho, and without +5% ROI this year better to reconsider the strategy imo :( Title: Re: Snipie's gambling investment test Post by: TopT3ns on July 20, 2020, 02:53:06 PM Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. ' like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0 Yeah but you cant really compare them two sites. Of course there will always be that small risk but BetBit already had shady activities. The ratings of that site were already bad before the went out dark and stole funds... Of course its important to be sure where you invest and keep an eye on the site! Title: Re: Snipie's gambling investment test Post by: stadus on July 20, 2020, 10:16:39 PM Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. ' like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0 Yeah but you cant really compare them two sites. Of course there will always be that small risk but BetBit already had shady activities. The ratings of that site were already bad before the went out dark and stole funds... Of course its important to be sure where you invest and keep an eye on the site! You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money. Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment. Title: Re: Snipie's gambling investment test Post by: Pamadar on July 20, 2020, 10:26:34 PM You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money. Very important before dealing with this kind of investment, you need to know more about the sites and the purpose of your investment, you can have a calm mind if you do believe in the integrity of the site you are investing your money. Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment. From each investment there's always risk that you needed to manage, handling it in the right manner will allow you to keep moving forward without any worries, take the risk and once luck dictate your destiny you'll be able to harvest decent success. Title: Re: Snipie's gambling investment test Post by: Lanatsa on July 20, 2020, 10:37:43 PM Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. ' like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0 Yeah but you cant really compare them two sites. Of course there will always be that small risk but BetBit already had shady activities. The ratings of that site were already bad before the went out dark and stole funds... Of course its important to be sure where you invest and keep an eye on the site! You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money. Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment. Things that should really be considered first before you do make out on-site investment.We do really need to stick up on those gambling sites which had been trusted and legit ones. When it comes or talks about risk then its always there because theres no investment that do accompanied without any risk. Take this for example on where op did really had those reds or negative which shows that not all the time gambling house investment is always on the green side. Title: Re: Snipie's gambling investment test Post by: wxa7115 on July 21, 2020, 03:08:25 PM If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN. Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when). Or we can say it's just a matter of discipline. Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret. When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed. Title: Re: Snipie's gambling investment test Post by: snipie on July 22, 2020, 04:15:48 AM Updated the table.
There was a positive trend this week compared to the previous two with approximately 10k satoshi earned so the deficit is now slightly less than 50k satoshi. What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave! Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 22, 2020, 05:17:56 AM This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time. There will always be whales coming in and all it needs is a bit of luck on the investors side! :D As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment! Title: Re: Snipie's gambling investment test Post by: imstillthebest on July 22, 2020, 09:03:12 AM If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN. Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when). Or we can say it's just a matter of discipline. Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret. When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed. plans are usesless if your still deciding on your own or out your plans . if that is the case then we shouldnt tire our self making such plan but infact we people can decide more easily without a plan . thats what i observed before when i was investing because im also a person that cant sleep without checking my assets . no im not saying your going to follow me but its still up to you , see if what worked better and stick to it . goodluck all to those who invest here Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 22, 2020, 02:02:06 PM What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave! In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment. https://i.imgur.com/LCuZEFR.png p1. Investment p2. Share drop (just like yours) p3. Yolodice is on huge profit since my investment while i'm still recovering. I've started my investment in 13.05. According to yolodice profit chart yolodice earned close to 5 mln doge since than. 50% of it should go to investors - 2.5 mln DOGE that goes to 80 mln DOGE in investments (+3% for investors since 13.05). How is it possible that i'm on 0.016% loss? Answer to this question is - share drop after whale win big. Title: Re: Snipie's gambling investment test Post by: snipie on July 22, 2020, 02:34:06 PM What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave! In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment. -snip- Right now the bankroll lost 1 bitcoin so my game profit is −0.00053622 BTC which could be worse with the previous share. BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident? Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 22, 2020, 03:37:34 PM Yes that's right, more investors = less profit but also less losses when a whale hit big. Agree but this is not symmetrical bet because of casino statistic advantage over gambler. So it is more likely to earn more than loss more. And with big enough sample (f.e 1 year investment) it is only "more profit". And as I already posted. I suppose that after whale big win it is more likely to see whale loss big. What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random? I'm just thinking: -How often did you withdraw your profit from gambling site? If someone wins big: In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks). If someone loose big: In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money. So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment. BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident? Maybe someone decided to go crazy with his investment. Closed it to double but unfortunately lost it all. Title: Re: Snipie's gambling investment test Post by: btcltcdigger on July 22, 2020, 05:51:12 PM What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave! In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment. -snip- Right now the bankroll lost 1 bitcoin so my game profit is −0.00053622 BTC which could be worse with the previous share. BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident? That could be me. I had $250 in BTC inside, but after several weeks of contant loss, i decided to call it quits, and try something new. I lost in total $3 which is not much. But on the flipside, those $250 i took out and reinvested are now worth $280, so gg for me Title: Re: Snipie's gambling investment test Post by: Pamadar on July 22, 2020, 06:07:42 PM This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time. There will always be whales coming in and all it needs is a bit of luck on the investors side! :D As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment! Keep holding and waiting for that luck to be in the side of the house, if that continues to bring profits the chance to recover and start again the positive outcome, really take time and more gamblers to play and wager for investors to start seeing good run again. And less whales to cashout huge amount of winnings that would be much better to every investors. Title: Re: Snipie's gambling investment test Post by: Reid on July 24, 2020, 08:09:32 AM That could be me. I had $250 in BTC inside, but after several weeks of contant loss, i decided to call it quits, and try something new. I lost in total $3 which is not much. But on the flipside, those $250 i took out and reinvested are now worth $280, so gg for me You reinvested where? In bitcoin? I have a balance now and thinking of putting it in a different coin. Or, should I just add it in the bitcoin investment. Having a difficult time to decide. Looking at the number of bettors, they mostly use Doge, so could it be a better choice or will that only make it worse. Sorry, I had a lot of question. Just a little confused. Title: Re: Snipie's gambling investment test Post by: mindrust on July 24, 2020, 08:22:39 AM In my opinion it is very bad news. More investors = less profit for us. If everybody decides to be the house, then where will our money come from? 8) Still, be grateful math is on your (the house's) side. Players are mathematically proven losers. Title: Re: Snipie's gambling investment test Post by: Vaculin on July 24, 2020, 08:32:28 AM In my opinion it is very bad news. More investors = less profit for us. If everybody decides to be the house, then where will our money come from? 8) Still, be grateful math is on your (the house's) side. Players are mathematically proven losers. His point is more investors = less money for small investors.. .well, it's pretty simple, the solution is just to increase his investment so he will get a bigger share of the pie. When you are fully confident with investing in a bankroll, you should be able to take bigger risk with that. I'm just saying. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 24, 2020, 08:38:37 AM I have a balance now and thinking of putting it in a different coin. Or, should I just add it in the bitcoin investment. Having a difficult time to decide. Sorry, I had a lot of question. Just a little confused. You can calculate estimated ROI based on current investors performance - yolodice share this data - https://yolodice.com/#stats/investor DOGE estimated ROI based on 7 months investment - 186% per 7 months = 16,25% monthly = 500% profit annulay ETH estimated ROI based on 7 months investment - 36% per 7 months = 4,5% monthly = 69% profit annulay LTC estimated ROI based on 7 months investment - 72% per 7 months = 8,1% monthly = 154% profit annulay BTC estimated ROI based on 7 months investment - 72% per 7 months = 1,0% monthly = 13% profit annulay Take into account the currency risk (BTC is like a stable coin compared to DOGE) and small sample error (DOGE is after big whale loosing a lot while BTC is after big whale winning a lot) and you have your investment analysis ready. Title: Re: Snipie's gambling investment test Post by: Reid on July 24, 2020, 09:34:05 AM Take into account the currency risk (BTC is like a stable coin compared to DOGE) and small sample error (DOGE is after big whale loosing a lot while BTC is after big whale winning a lot) and you have your investment analysis ready. Oh! Thanks for the reminder. I forgot about the price fluctuation of Doge. I should have also considered that. You can calculate estimated ROI based on current investors performance - yolodice share this data - https://yolodice.com/#stats/investor DOGE estimated ROI based on 7 months investment - 186% per 7 months = 16,25% monthly = 500% profit annulay ETH estimated ROI based on 7 months investment - 36% per 7 months = 4,5% monthly = 69% profit annulay LTC estimated ROI based on 7 months investment - 72% per 7 months = 8,1% monthly = 154% profit annulay BTC estimated ROI based on 7 months investment - 72% per 7 months = 1,0% monthly = 13% profit annulay So it's really Doge which is winning. Perhaps because of the cheap price? Which means you can own a large quantity. My instincts could be telling me that I will be doing the right thing. Yeah, thank you for explaining it thoroughly. I haven't gone thru that stats of Yolodice for investment, or if I dd, I may have not understand it pretty well before. ;D Sorry I am still new to this. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on July 24, 2020, 10:02:08 AM So it's really Doge which is winning. Perhaps because of the cheap price? Which means you can own a large quantity. I posted % so quantity does not matter (so price does not matter too). Doge yields good return (compared to other coins) because it is considered as fun-coin or shitcoin so not many whales wants to hold it (you need to hodl a coin to use it as bankroll investment) and on the other hand it is one of the most popular faucet coins. DOGE is also the best coin to test various gambling systems (min bet on DOGE is 3 mln times smaller than min BTC bet). Because of that there is lack of doge investors and quite decent wager volume from gamblers (that have their doges mostly for free from various activities). And to makes things clear your income is based on this formula: Profit = TW * HE * 0.5 * YI / TI TW - total wager from all gamlbers HE - house edge YI - your investment TI - total invested by all investors Title: Re: Snipie's gambling investment test Post by: KTChampions on July 24, 2020, 10:46:12 AM Hmmm... so much red in investment report. How is this possible? It turns out that players gain more than they lose during this couple of months? But this is a huge distance and a huge number of bets, they should be in the red. I think this is suspicious (or am I mistaken in something and do not take into account some nuances?)
Title: Re: Snipie's gambling investment test Post by: snipie on July 24, 2020, 01:47:38 PM Hmmm... so much red in investment report. How is this possible? It turns out that players gain more than they lose during this couple of months? But this is a huge distance and a huge number of bets, they should be in the red. I think this is suspicious (or am I mistaken in something and do not take into account some nuances?) Nah I doubt about anything suspicious, especially if you want to attract more people to invest you have to show them that there is a decent profit behind that.I was connecting there when I witnessed some whales grabbing a good BTC profit and driving my investment down. I was there also when I was following a guy betting in LTC, making my profit jump rapidly from red to green to red, waited until he lost enough to get my money back with few profit, you can find my post with a picture of my previous LTC investment on it a few pages back. Title: Re: Snipie's gambling investment test Post by: KTChampions on July 24, 2020, 09:31:38 PM Hmmm... so much red in investment report. How is this possible? It turns out that players gain more than they lose during this couple of months? But this is a huge distance and a huge number of bets, they should be in the red. I think this is suspicious (or am I mistaken in something and do not take into account some nuances?) Nah I doubt about anything suspicious, especially if you want to attract more people to invest you have to show them that there is a decent profit behind that.I was connecting there when I witnessed some whales grabbing a good BTC profit and driving my investment down. I was there also when I was following a guy betting in LTC, making my profit jump rapidly from red to green to red, waited until he lost enough to get my money back with few profit, you can find my post with a picture of my previous LTC investment on it a few pages back. Thank you for your explanations, I will try to study the history in more detail and I will follow your topic (as I already follow Yatsan's topic), I hope you will come out in profit. Initially, I became interested in such topics as I was considering the possibilities of such investments, but I confess I did not find the time to look into this with all details. Title: Re: Snipie's gambling investment test Post by: snipie on July 24, 2020, 11:05:02 PM Thank you for your explanations, I will try to study the history in more detail and I will follow your topic (as I already follow Yatsan's topic), I hope you will come out in profit. Thanks :)Initially, I became interested in such topics as I was considering the possibilities of such investments, but I confess I did not find the time to look into this with all details. I was just like you, trying to learn more about those things until I found Yatsan topic and tried to see what will happen when I join. In fact I learned more, was a little bit disappointed since I thought my profit will be decent and especially green all the time and obviously it turned to be inaccurate. I believe I submitted throughout this topic what I noticed especially in the first days. The essential part invest what you afford to lose ;) Title: Re: Snipie's gambling investment test Post by: Reid on July 25, 2020, 04:06:45 AM Profit = TW * HE * 0.5 * YI / TI Once again, thank you for the deep explanation. It really cleared everything. (Sorry mate, my Smerits is depleted, I owe you some for your help)TW - total wager from all gamlbers HE - house edge YI - your investment TI - total invested by all investors Looking at the Doge investment structure, it's above 10 percent profit for most of the listed there. The only negative I saw was 2 days ago. Maybe someone won a large amount. I have a decision now. ;) I was just like you, trying to learn more about those things until I found Yatsan topic and tried to see what will happen when I join. Yeah, it's like passing the torch. In fact I learned more, was a little bit disappointed since I thought my profit will be decent and especially green all the time and obviously it turned to be inaccurate. I believe I submitted throughout this topic what I noticed especially in the first days. The essential part invest what you afford to lose ;) I learned thru snipie and Yatsan too. A lot. It's spreading like a wildfire. ;D Title: Re: Snipie's gambling investment test Post by: btc78 on July 25, 2020, 08:07:41 AM Thank you for your explanations, I will try to study the history in more detail and I will follow your topic (as I already follow Yatsan's topic), I hope you will come out in profit. Thanks :)Initially, I became interested in such topics as I was considering the possibilities of such investments, but I confess I did not find the time to look into this with all details. I was just like you, trying to learn more about those things until I found Yatsan topic and tried to see what will happen when I join. Quote In fact I learned more, was a little bit disappointed since I thought my profit will be decent and especially green all the time and obviously it turned to be inaccurate. This is the problem if we will always expect good profit specially being starter,just let the process go and accept what the system gives you and besides you surely invest what you can afford to lose right?Quote I believe I submitted throughout this topic what I noticed especially in the first days. The essential part invest what you afford to lose ;) Let us try on our own mate and lets see what will happen,and besides every details has been given by OP here.Title: Re: Snipie's gambling investment test Post by: wxa7115 on July 28, 2020, 04:31:11 PM This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time. There will always be whales coming in and all it needs is a bit of luck on the investors side! :D As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment! The majority of those scenarios could still benefit the casino but there are also many scenarios where the whale could earn a small fortune affecting investors in the process. Title: Re: Snipie's gambling investment test Post by: snipie on July 28, 2020, 05:25:09 PM So since tomorrow I am gonna update the table normally, I will not edit it to add that surprises. My investment went from ~ -50k satoshi to +54k satoshi since a guy lost around 22 BTC in just 1 hour! See those photos!
https://i.imgur.com/y2SzrCM.jpg https://i.imgur.com/U2Ah9By.jpg Title: Re: Snipie's gambling investment test Post by: xxjumperxx on July 29, 2020, 05:37:19 AM Congrats that was a huge swing!
Lets hope the run continues and more people lose :D Thats what I mean, a single run or a single player can influence the investment and thats why its important to be in it for the long run to catch big players like this... of course it could have gone the other way and he could have won, but the house edge should make sure youre always ahead in odds. Title: Re: Snipie's gambling investment test Post by: glowing10 on July 29, 2020, 06:34:41 AM The above pic does makes all the investors happy because those who had being running in loses because last time person won big changed the statistics for all and this time somebody had lost 20+ btc and resulted in some relief for the investors to see their either loses turned to profits or their profits rose yesterday.
Title: Re: Snipie's gambling investment test Post by: snipie on July 29, 2020, 11:18:53 AM Table updated.
Finally seeing a green light in the investment after long waiting. As I said above, this profit came after a guy lost around 22 BTC in one hour. Congrats that was a huge swing! Thanks and yes, hope that positive trend continues! -snip- Title: Re: Snipie's gambling investment test Post by: erikoy on July 29, 2020, 01:57:17 PM Hmmm... so much red in investment report. How is this possible? It turns out that players gain more than they lose during this couple of months? But this is a huge distance and a huge number of bets, they should be in the red. I think this is suspicious (or am I mistaken in something and do not take into account some nuances?) I think there could be like a manipulation in the betting wins and losses? I do believe that it could it could be configure in the computer so that team could play and win. So investment here is not really a good idea and they just trying to get your money in a legal way. If I were you guys just join a gambling platform that does not make any investment. You should not trust your money to them. See now the result. It seema they had too much profit now in betting aftee configurations.Title: Re: Snipie's gambling investment test Post by: snipie on July 29, 2020, 02:37:32 PM I think there could be like a manipulation in the betting wins and losses? I do believe that it could it could be configure in the computer so that team could play and win. So investment here is not really a good idea and they just trying to get your money in a legal way. If I were you guys just join a gambling platform that does not make any investment. You should not trust your money to them. See now the result. It seema they had too much profit now in betting aftee configurations. You are free to think about anything. Seeing the data, the actual BTC invested in Yolodice are 413.60472014. The investors part of it is 245.27077600 BTC which is 59.3% of the household. For LTC the actual amount is 9,106.43523223 in which investors hold 8,492.21312125 LTC (93.2%). For Doge the actual amount is 111,479,004.98496436 in which investors hold 72,450,501.64360307 DOGE (65%). So theoretical, players are playing vs each others and the house is winning especially in LTC then in doge and BTC. If a player lost 10 LTC then investors will split 5 LTC (not exactly, just an example) between each others and the house will keep 5 LTC for itself. Now if a guy won 10 LTC then the important part of it will be taken from investors 9 LTC normally while the house will just lose 1 LTC. Correct me if I am wrong. In Yolodice, with BTC during the previous weeks, investors lost much because some players were winning a decent amounts, now when this guy lost around 22 BTC, my part as an investor holding around 0.005228% of the house share was around 100k satoshi. Title: Re: Snipie's gambling investment test Post by: Ziskinberg on July 29, 2020, 09:27:55 PM The above pic does makes all the investors happy because those who had being running in loses because last time person won big changed the statistics for all and this time somebody had lost 20+ btc and resulted in some relief for the investors to see their either loses turned to profits or their profits rose yesterday. That's the life of an investors, happy when gamblers lose, sad when gamblers hit big win. As what i have seen previously, your investment wasn't profitable because some whales keep winning, but this time has come that the house got its revenge. Congratulations to you OP, hope this win will continue, great timing, bitcoin is bullish, so that should result to bigger exchange rate. Title: Re: Snipie's gambling investment test Post by: snipie on July 29, 2020, 09:45:13 PM Congratulations to you OP, hope this win will continue, great timing, bitcoin is bullish, so that should result to bigger exchange rate. Thanks :)Sweet moments, unless I determined to keep this topic updated for quite long period, I would grab my profit right now and reconsider my strategy. Maybe a bigger amount could be better or try another coin for a long period. Title: Re: Snipie's gambling investment test Post by: freedomgo on July 29, 2020, 09:51:41 PM Congratulations to you OP, hope this win will continue, great timing, bitcoin is bullish, so that should result to bigger exchange rate. Thanks :)Sweet moments, unless I determined to keep this topic updated for quite long period, I would grab my profit right now and reconsider my strategy. Maybe a bigger amount could be better or try another coin for a long period. That's a good decision, you can re invest anytime but this moment is hard to pass as bitcoin could possibly sink again if it will fail to break solid resistance going uptrend, good luck on your decision, hopefully you will resume investing again at the right moment. Title: Re: Snipie's gambling investment test Post by: carlfebz2 on July 29, 2020, 10:30:30 PM After how many weeks of reds and now it is already on green.Its good to look at and hopefully this would continue.
Week 8 29/07/2020 || - - - - - - - - - - || +0.00052204 BTC || +5.77 $ || 0.01282204 BTC || 0.005228% || +4.2442 % When markets price tends to rise up then it do really give out significant impact. 8) Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on August 01, 2020, 07:22:51 AM So since tomorrow I am gonna update the table normally, I will not edit it to add that surprises. My investment went from ~ -50k satoshi to +54k satoshi since a guy lost around 22 BTC in just 1 hour! See those photos! Gratz! I guess that he was also a reason for last 6 weeks in red. I have a filling that he was doing some sort of martingale system. That's why despite statistic advantage casino was loosing week after week pushing you into loses unless whale hit killing strike and whipe himself out. Title: Re: Snipie's gambling investment test Post by: snipie on August 01, 2020, 10:20:33 AM Gratz! I guess that he was also a reason for last 6 weeks in red. I have a filling that he was doing some sort of martingale system. That's why despite statistic advantage casino was loosing week after week pushing you into loses unless whale hit killing strike and whipe himself out. Thanks! Not sure if he was the only one responsible for this long dip but certainly he was implied in keeping our profits negative. For now BTC investment is stable around 53k satoshi. I saw someone playing yesterday with the same attitude so I think he is back ;)Title: Re: Snipie's gambling investment test Post by: LogitechMouse on August 01, 2020, 10:44:54 AM Table updated. Congrats on the huge profit indeed. I missed investing in Yolodice right now but nahhh I need some BTC right now to sustain my needs so.... yeah still congrats not only for you but for those investors too :). ~ Thanks and yes, hope that positive trend continues! Lets hope the run continues and more people lose :D This is like hoping for the worst towards the gambler :D. Hoping to lose is kinda bad I think but in order for the investors to profit, they must lose :D. Like I always said, if its your time to get profit it will come and if its your time to lose then it will happen :D.Title: Re: Snipie's gambling investment test Post by: glowing10 on August 01, 2020, 12:38:21 PM The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts.
Title: Re: Snipie's gambling investment test Post by: pikkie on August 01, 2020, 03:12:10 PM The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts. I think it is very difficult to stop people from gambling because gambling can provide a sense of fun and certainly can potentially get a profit quickly, gambling is only for people who are in need of refreshing.Title: Re: Snipie's gambling investment test Post by: Natalim on August 03, 2020, 01:29:31 PM The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts. I think it is very difficult to stop people from gambling because gambling can provide a sense of fun and certainly can potentially get a profit quickly, gambling is only for people who are in need of refreshing.if that's only the purpose then I think gambling industry would not be so profitable. Gambling is refreshing or a stress reliever to some, but for most people, they are gambling to make money, hence that provides an opportunity for casinos to be more profitable. Per report, online gambling is already a billion dollars industry, so it's profitable and it's growing in the year basis. Title: Re: Snipie's gambling investment test Post by: snipie on August 03, 2020, 04:56:29 PM Gambling is refreshing or a stress reliever to some, but for most people, they are gambling to make money... Yeah true, he already continued playing and drive down our profits again.My "Profits from open" is 0.00041274 BTC now so - 11k satoshi down in the last 1 - 2 days... Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 04, 2020, 05:10:16 AM Thats what I meant that the gamblers normally come back to recover their losses...
Sometimes they come back and rage bet and lose more because they are just so focued on getting their money back that they overbet and make huge bets. Lets see what happens! Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 04, 2020, 05:24:21 AM Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll. ´For investors its bad to see the profit go down again but on the other hand its good that whales play because thats how the investment can grow. Luck just needs to be with the investors :D Title: Re: Snipie's gambling investment test Post by: Maslate on August 04, 2020, 06:26:57 AM Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll. ´For investors its bad to see the profit go down again but on the other hand its good that whales play because thats how the investment can grow. Luck just needs to be with the investors :D They don't need luck as mathematically they have the edge, if you invest money in a site, even if the site loses, you don't lose your everything you invest, it's like a long ride as eventually the site will get back in profitable state since they have the edge, and since you are riding, just know when to stop to cash out. Title: Re: Snipie's gambling investment test Post by: snipie on August 04, 2020, 12:14:48 PM Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll. And after a couple of wins, my investment profit today shows "Profits from open" = 0.00039890 BTC which is a little bit lower than yesterday but shows the negative trending there. Continuing like that, I estimate that the profit will turn negative after 10-15 days! Title: Re: Snipie's gambling investment test Post by: wxa7115 on August 04, 2020, 06:31:16 PM So since tomorrow I am gonna update the table normally, I will not edit it to add that surprises. My investment went from ~ -50k satoshi to +54k satoshi since a guy lost around 22 BTC in just 1 hour! See those photos! That is a huge spike and a complete turn around, I am happy for you and this once again shows why it pays off to be patient, many people would have given up after a few weeks of facing losses but you kept your funds there knowing that sooner or later luck will be on your side and you were right.It will be interesting if this player comebacks once again and tries to recover his losses, however I will be honest if lost 22 BTC in just an hour I do not know what I will do since where I live that is a massive amount of money, so while it is impossible to know who was the whale I hope he still has hundreds of BTC and this loss is not a huge deal to him. Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll. And after a couple of wins, my investment profit today shows "Profits from open" = 0.00039890 BTC which is a little bit lower than yesterday but shows the negative trending there. Continuing like that, I estimate that the profit will turn negative after 10-15 days! Title: Re: Snipie's gambling investment test Post by: snipie on August 05, 2020, 12:01:35 PM Updated the table.
Now it is -12k satoshi compared to the previous week, since the guy who lost BTC22 is still here playing. Just reading this, the whale comeback sooner than expected and it is making progress, that is to be expected but if he is using something like martingale he is bound to lose the rest of his capital as well. Actually I noticed 2 guys playing and winning good. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 05, 2020, 12:04:15 PM Yolodice has been good to whales it seems...
Yes there are people losing, but it seems there are more times the whale wins. Lets hope it switches for the sake of investors :D Title: Re: Snipie's gambling investment test Post by: snipie on August 06, 2020, 09:38:40 PM So after 9 days of the all time high in the investment, my profit is kind of halved. Here is a pic I taken just few minutes ago
https://i.imgur.com/P7wQh9D.jpg Clearly we have crazy lucky people over there :P Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 07, 2020, 08:22:13 AM These players seem to be lucky over and over again at yolodice...
Seems they are winning more than they are losing the last couple of weeks. Its nice to still see a profit but it should increase and not decrease though :P Title: Re: Snipie's gambling investment test Post by: shoreno on August 07, 2020, 08:46:44 AM These players seem to be lucky over and over again at yolodice... Seems they are winning more than they are losing the last couple of weeks. Its nice to still see a profit but it should increase and not decrease though :P thats nice to hear if your a gambler because that means you can be profitable but its a bad news to the site and those who invest to share thier bankroll because they could be loosing now but before that , how can you say that they are lucky ? are same name winning? maybe they are only winning lately but they also loose huge before and also its not possible that all can be winners on the site so owner and investor shouldnt worry alot Title: Re: Snipie's gambling investment test Post by: Questat on August 07, 2020, 09:42:02 AM Yolodice has been good to whales it seems... Yes there are people losing, but it seems there are more times the whale wins. Lets hope it switches for the sake of investors :D lol, yolodice would not exist until now if they keep losing and they are good with whales. There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 07, 2020, 10:25:44 AM Yolodice has been good to whales it seems... Yes there are people losing, but it seems there are more times the whale wins. Lets hope it switches for the sake of investors :D lol, yolodice would not exist until now if they keep losing and they are good with whales. There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important. Thats obvious... I meant in short term whales have been winning, which can seen in the investment... That the site obv. is doing good and is generating profits can be seen on the graph and see how profits are increasing... Title: Re: Snipie's gambling investment test Post by: snipie on August 07, 2020, 10:39:37 AM lol, yolodice would not exist until now if they keep losing and they are good with whales. In fact even in short run you can be profitable, even more in the long run but this need to monitor the site frequently, witness every hype and close the investment whenever the whale loses enough you can get even +5% ROI in few minutes. Well this isn't obvious of course and long term investment remains the best option ;)There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important. Title: Re: Snipie's gambling investment test Post by: glowing10 on August 07, 2020, 05:08:57 PM lol, yolodice would not exist until now if they keep losing and they are good with whales. In fact even in short run you can be profitable, even more in the long run but this need to monitor the site frequently, witness every hype and close the investment whenever the whale loses enough you can get even +5% ROI in few minutes. Well this isn't obvious of course and long term investment remains the best option ;)There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important. Some lucky day when you invest and suddenly whales loses so you make money and exit it and it can occur otherwise as well. But now it seems some whales are lucky and winning some and resulting in losses on your investment in bankrolls. But as you said this is temporary in the long run this all will be covered provided whales loses big time as well. Title: Re: Snipie's gambling investment test Post by: peter0425 on August 07, 2020, 05:55:03 PM lol, yolodice would not exist until now if they keep losing and they are good with whales. In fact even in short run you can be profitable, even more in the long run but this need to monitor the site frequently, witness every hype and close the investment whenever the whale loses enough you can get even +5% ROI in few minutes. Well this isn't obvious of course and long term investment remains the best option ;)There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important. Some lucky day when you invest and suddenly whales loses so you make money and exit it and it can occur otherwise as well. But now it seems some whales are lucky and winning some and resulting in losses on your investment in bankrolls. But as you said this is temporary in the long run this all will be covered provided whales loses big time as well. Vice versa, this investment is for those who are willing to take the long ride. You never know when the whales will fall and bring decent amount of profits to your shared investments. same thing with when whales dive in and collects money from the house then quit in a flash, damaging your initial capital. Title: Re: Snipie's gambling investment test Post by: mindrust on August 07, 2020, 06:25:30 PM As long as the house survives you are good. That's what matters in the long run and as long as the house is protected by mathematics (a proper house edge, max bet amount limit etc) it will never go bankrupt. Your only and biggest risk here is your trust in the owner of the casino.
Title: Re: Snipie's gambling investment test Post by: snipie on August 07, 2020, 10:13:50 PM So far so good, 80% of the profit vanished after 10 days lol. I said once that it will take 10-15 days for my profits to turn red again. Red here I come :P
https://i.imgur.com/n05wcQ0.jpg Title: Re: Snipie's gambling investment test Post by: KTChampions on August 07, 2020, 11:08:35 PM So far so good, 80% of the profit vanished after 10 days lol. I said once that it will take 10-15 days for my profits to turn red again. Red here I come :P https://i.imgur.com/n05wcQ0.jpg As mindrust correctly noted, mathematics works in your favor, so the longer the distance, the more stable your income will be. Therefore, your pessimism should end soon. You have already invested for a period of more than 2 months, I will be very surprised if you do not have a stable tangible profit on a distance of 3 months. Title: Re: Snipie's gambling investment test Post by: snipie on August 08, 2020, 12:19:30 AM So far so good, 80% of the profit vanished after 10 days lol. I said once that it will take 10-15 days for my profits to turn red again. Red here I come :P https://i.imgur.com/n05wcQ0.jpg As mindrust correctly noted, mathematics works in your favor, so the longer the distance, the more stable your income will be. Therefore, your pessimism should end soon. You have already invested for a period of more than 2 months, I will be very surprised if you do not have a stable tangible profit on a distance of 3 months. Title: Re: Snipie's gambling investment test Post by: Gyfts on August 08, 2020, 01:10:08 AM So far so good, 80% of the profit vanished after 10 days lol. I said once that it will take 10-15 days for my profits to turn red again. Red here I come :P https://i.imgur.com/n05wcQ0.jpg As mindrust correctly noted, mathematics works in your favor, so the longer the distance, the more stable your income will be. Therefore, your pessimism should end soon. You have already invested for a period of more than 2 months, I will be very surprised if you do not have a stable tangible profit on a distance of 3 months. How often do you find whales losing tons of BTC? I feel like I'd have to dig around and look at betting logs all day to find whales and most of the time they never come around. Even then, I have to add the risk of the whales winning money and taking away a chunk of the bank roll. I've barely ever gotten a return investing in bitcoin casinos. Title: Re: Snipie's gambling investment test Post by: Maus0728 on August 08, 2020, 06:00:13 AM How often do you find whales losing tons of BTC? I doubt that you can find any hint whether a whale will be losing or not just by looking at the "Investor Stat". They're unpredictable and there are lots of names playing in YOLOdice that are possible whales.Even then, I have to add the risk of the whales winning money and taking away a chunk of the bank roll. I've barely ever gotten a return investing in bitcoin casinos. That's the reason why investing is appropriate for long term period :).Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on August 08, 2020, 07:22:03 AM Even then, I have to add the risk of the whales winning money and taking away a chunk of the bank roll. I've barely ever gotten a return investing in bitcoin casinos. We all agree about the long term which is technically +1 year. However I am aware of 2 pro gamblers picking everyday up to 1 BTC and sometimes more which made the profits lately negative. Of course losing is a possibility but I doubt they will risk 22 BTC again ;) I see that whale win/loss big extreme event is still a hot topic here so I'll put a suggetion how to reduce their impact on final investment ROI. The smaller the bankroll is, the greater your exposure to the extreme cases is (outcome from investment is more random). I mean that with infinite amount of bets the probability of you ending on loss in infinite low. So if you want to have the most consistent results even for short term investment (~1 month) you should spread your money between different coins and casinos. F.e Instead of having 1000$ in yolodice bankroll that is 100 000$ big it is better to have 200$ in 100 000$ bankroll, another 100$ in 50 000$ bankroll f.e. bustadice, 100$ in 30 000$ DOGE etc. That way your 1000 $ is involved in much more bets/day. The closer you are to infinite the closer you are to infinite low probability of loss (i know it is not mathematically correct sentence, but it explains the relationship well enough :) ) If bankroll that your money will be part of will be 10x bigger than you will reach less random outcome 10 times faster. Title: Re: Snipie's gambling investment test Post by: snipie on August 08, 2020, 10:31:26 AM -snip- Interesting suggestion to divide your money between many bankroll but it will take much more time to monitor, unless it is done every few weeks or months maybe + the site is very trustworthy since it can closes at any moment or turn scam of course. If bankroll that your money will be part of will be 10x bigger than you will reach less random outcome 10 times faster. Anyway, for the moment my investment in YD is red, I may update the table later. Title: Re: Snipie's gambling investment test Post by: glowing10 on August 08, 2020, 10:59:44 AM -snip- Interesting suggestion to divide your money between many bankroll but it will take much more time to monitor, unless it is done every few weeks or months maybe + the site is very trustworthy since it can closes at any moment or turn scam of course. If bankroll that your money will be part of will be 10x bigger than you will reach less random outcome 10 times faster. Anyway, for the moment my investment in YD is red, I may update the table later. Last few days it seems investors are not losing out their profits and luck is turning back again to gamblers. This is more like a roller coaster ride where few days we see profits and then it turns profits into losses, and this continues. Nevertheless, the sometime again some gamblers will lose big as well. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on August 08, 2020, 04:22:08 PM Interesting suggestion to divide your money between many bankroll but it will take much more time to monitor, unless it is done every few weeks or months maybe + the site is very trustworthy since it can closes at any moment or turn scam of course. I think that there is nothing to monitor. All short term movements are 100% random. My investment is based on strategy: Buy doge on strong 5y support (~27 sat) and wait for pump While waiting multiply doge by investing in bankroll the end I check my profit only for curiosity but i will not shot it down no matter if i'll see -50% tomorrow or +100%. I wait for good exit point based on doge price. The only thing that is worth to monitor is to check once per week the reputation section looking for scam accusations against casino that I invested in. BTW someone is going crazy on BTC https://i.imgur.com/5DFuMFm.png Title: Re: Snipie's gambling investment test Post by: snipie on August 08, 2020, 07:16:40 PM Updated the table for the second time this week since as you noticed there is a big change.
-snip- Well that is a good strategy. The only problem is a long time crash of a selected coin, which is hard to happens with the major cryptocurrencies! BTW someone is going crazy on BTC Take a look on "weekly" on the guy holding the top 5 (5 in 1) and all will be clear ;)https://i.imgur.com/5DFuMFm.png (https://i.imgur.com/5DFuMFm.png) Title: Re: Snipie's gambling investment test Post by: KTChampions on August 08, 2020, 10:33:20 PM As mindrust correctly noted, mathematics works in your favor, so the longer the distance, the more stable your income will be. Therefore, your pessimism should end soon. You have already invested for a period of more than 2 months, I will be very surprised if you do not have a stable tangible profit on a distance of 3 months. We all agree about the long term which is technically +1 year. However I am aware of 2 pro gamblers picking everyday up to 1 BTC and sometimes more which made the profits lately negative. Of course losing is a possibility but I doubt they will risk 22 BTC again ;)Why are you taking such a long distance? I think that even within a month such a huge number of bets are made that the casino's advantage should be undeniable. Perhaps your current losses can be explained by the fact that the number of large bets is small and it so happened that they were profitable (for the players), so they outweighed the rest of the small ones. I'm sure these two players are using something like a martingale (since their profits are almost constant), but one day their strategy will collapse and they will lose everything. Title: Re: Snipie's gambling investment test Post by: Maus0728 on August 10, 2020, 04:27:28 AM Welp!!
https://i.imgur.com/6TdGQZN.png Another whale lost a huge amount of bitcoin. This is good for investors out there! Title: Re: Snipie's gambling investment test Post by: snipie on August 10, 2020, 11:34:50 AM Updated the table again after a huge change in my profit!
-snip- -snip- Didn't witness what happened but saw it few hours later yesterday.It is big losses from him, same guy as the previous time, who has the first 5 spots in BTC weekly. +25 BTC this time and 22 BTC last time... I didn't see him yet but this is very hard to digest! Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 10, 2020, 12:14:13 PM Ouch... for him!
Good for all the investors, that sure gave all of you a nice boost! Lets hope he continues playing and hopefully the luck continues to be on the Sites side! Title: Re: Snipie's gambling investment test Post by: snipie on August 12, 2020, 08:19:34 PM New week, new update of the table.
So far there is a drop of ~20% of our profits comparing to few days ago, when the whale lost around 25 BTC. I think it is related to him gambling with his weekly earnings since he had the first 5 spots so he got around 1 BTC, wagered it and made some profits then disappeared. Don't know if he will come back at some point. We will continue monitoring the table and see ;) Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 13, 2020, 07:41:17 AM If he felt lucky betting and making a profit. Im pretty sure he will be back for more! :D
There is alot of movement in the bankroll, I mean pretty big swings. ;) Title: Re: Snipie's gambling investment test Post by: snipie on August 20, 2020, 01:30:15 PM Updated the table today, didn't pay attention we are in a new week.
There is 2 new things, 1st is a rise in the bankroll share, apparently people get afraid from what happened in LTC and preferred to cash out with a profit, or they were annoyed with the long waiting to see a positive number to close their investments. Not sure which one since I forgot when this rise in the share happened. The 2nd point is, there is a drop in our profits since some players are doing well lately but also another guy (probably the same whale) returned to claim his money. Title: Re: Snipie's gambling investment test Post by: mindrust on August 20, 2020, 05:35:16 PM New week, new update of the table. So far there is a drop of ~20% of our profits comparing to few days ago, when the whale lost around 25 BTC. I think it is related to him gambling with his weekly earnings since he had the first 5 spots so he got around 1 BTC, wagered it and made some profits then disappeared. Don't know if he will come back at some point. We will continue monitoring the table and see ;) They always comeback. These people are addicted. Right now he is thinking, "I could have made more. I know I could have. Why settle for 1btc? 1btc is nothing. I need 100btc!!!1!" :P Title: Re: Snipie's gambling investment test Post by: Natalim on August 20, 2020, 10:28:33 PM Still above 6% in just 2 months is good return and after all the big win by whale and then much bigger lost help all the investors. Also, for LTC I think if some if good winning in LTC might not want to convert to btc and want to play with that. So people closing in that anticipation give a good chance to you as your % rose and if someone loses you gain very quickly in this period. Nice profit you got, 6% in 2 months if you can make it consistently, you'll gonna grow that investment easily in the long run. More than you can make in a typical low risk investment, at least here you know edge is in your favor. Good luck, keep us posted with the timely update. I need 100btc!!!1!" :P now that's a real thing. Title: Re: Snipie's gambling investment test Post by: leea-1334 on August 21, 2020, 11:58:35 AM 6% profit in 2 months on doge is very nice, I experienced about the same (maybe more actually, but since I keep divesting I cannot really keep track haha) for Bitcoin. It is the only crypto I invest,,,
As they say, though, long term is important! Title: Re: Snipie's gambling investment test Post by: Vaculin on August 21, 2020, 12:53:57 PM As they say, though, long term is important! If I will invest, I would certainly go for long term but being an investor, you'll not only look at the profitability of your crypto investment but also the price of the coin in the market. Let's say, you invested bitcoin at $3,000 and in just 6 months price pumped to $30,000, will you divest your investment or not? Me, I would divest as I believe after that pump comes the correction, and 1000% increase is hard to achieved investing in casino only. Title: Re: Snipie's gambling investment test Post by: snipie on August 21, 2020, 02:26:36 PM 6% profit in 2 months on doge is very nice, I experienced about the same (maybe more actually, but since I keep divesting I cannot really keep track haha) for Bitcoin. It is the only crypto I invest,,, My investment is in bitcoin and not doge, i think you made a tippo here ;)As they say, though, long term is important! Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again. Title: Re: Snipie's gambling investment test Post by: mirakal on August 21, 2020, 10:37:45 PM As they say, though, long term is important! If I will invest, I would certainly go for long term but being an investor, you'll not only look at the profitability of your crypto investment but also the price of the coin in the market. Let's say, you invested bitcoin at $3,000 and in just 6 months price pumped to $30,000, will you divest your investment or not? Me, I would divest as I believe after that pump comes the correction, and 1000% increase is hard to achieved investing in casino only. Good point, can't hold too long without looking at the price, otherwise, your effort will be wasted. Crypto market since volatility is high is all about taking the right opportunity to invest and to cash out that money, and that includes investing in a casino. Long term yea but how long? Only investors who really risk their money investing in a casino could tell, and that's you. Title: Re: Snipie's gambling investment test Post by: Maus0728 on August 22, 2020, 05:20:38 AM Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again. The movement of your profit isn't something similar to the movements of supply and demand. You really can't determine whether the graph is in a state of dip nor high and that is not something you can depend on with regards to your investments. In fact, there is no certainty that the graph will soar high if it is experiencing a massive low and vice versa. The only thing I can be at least sure of is to have multiple investment in different casinos to at least reduce the damage if whenever there is a whale winning. Title: Re: Snipie's gambling investment test Post by: snipie on August 22, 2020, 12:55:17 PM Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again. The movement of your profit isn't something similar to the movements of supply and demand. You really can't determine whether the graph is in a state of dip nor high and that is not something you can depend on with regards to your investments. In fact, there is no certainty that the graph will soar high if it is experiencing a massive low and vice versa. The only thing I can be at least sure of is to have multiple investment in different casinos to at least reduce the damage if whenever there is a whale winning. Title: Re: Snipie's gambling investment test Post by: snipie on August 26, 2020, 01:00:35 PM Topic updated.
This week there was another spike in the chart 3-4 days ago and our profits jumped nicely, for me in is a new ATH. Although there was few accounts wagering with +50 BTC but the bankroll was fortunately stable, apart from the one who lost ~15 BTC afaik. I will try to keep the topic updated as possible but there may be some delays in September :) Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on August 28, 2020, 10:51:59 AM Topic updated. Looks like you have +11.5% in 2 months and 16 days out of which +12.75% in last 18 days. This shows that everything below few months is burdened with a small sample error bigger than expected profit. Looks like <6 months investment is closer to gambling than I thought. Diversification to many casinos and many coins is a must have for <3 months investment to call it investment instead of gamble. I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? Title: Re: Snipie's gambling investment test Post by: Questat on August 28, 2020, 12:06:16 PM Topic updated. Looks like you have +11.5% in 2 months and 16 days out of which +12.75% in last 18 days. This shows that everything below few months is burdened with a small sample error bigger than expected profit. Looks like <6 months investment is closer to gambling than I thought. Diversification to many casinos and many coins is a must have for <3 months investment to call it investment instead of gamble. I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? I would go for diversification on different casinos only but on many coins, I would go with the most stable which is Bitcoin. Everyone is doing well so far, the other thread shows a positive return and this thread too, so investing is really profitable if we trust and hold our investment a bit. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on August 28, 2020, 12:52:50 PM I would go for diversification on different casinos only but on many coins, I would go with the most stable which is Bitcoin. Everyone is doing well so far, the other thread shows a positive return and this thread too, so investing is really profitable if we trust and hold our investment a bit. Everyone has your attitude. Me too. That's why there is 180 BTC in bitcoin bankroll and only 18 BTC worth DOGE in DOGE bankroll. This affect in paying extra reward for bigger currency risk. And this risk/reward ratio for extra risk is quite fair. Yatsan has +14% starting from 13/05 (https://bitcointalk.org/index.php?topic=5239794.600) in his BTC investment and i have +21% in my DOGE investment in the same time. And when you compare old investors data it is like 5x better while DOGE is on all time support (25-30 sat) Title: Re: Snipie's gambling investment test Post by: snipie on August 28, 2020, 02:01:33 PM I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!Ethan was there too and checked the server, there wasn't anything suspicious. Well he was super lucky but the investors will suffer for a long time with -70-80%! Title: Re: Snipie's gambling investment test Post by: KTChampions on August 29, 2020, 09:28:06 AM I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!Ethan was there too and checked the server, there wasn't anything suspicious. Well he was super lucky but the investors will suffer for a long time with -70-80%! Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better). Title: Re: Snipie's gambling investment test Post by: bobyhodob on August 29, 2020, 04:08:12 PM I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!Ethan was there too and checked the server, there wasn't anything suspicious. Well he was super lucky but the investors will suffer for a long time with -70-80%! Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better). Title: Re: Snipie's gambling investment test Post by: KTChampions on August 29, 2020, 05:27:55 PM Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better). Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.Sorry for the offtopic, but I think this is an imaginary difference. New players have zero or minimum distance, so sometimes they play a plus. The old players are already beaten by the distance and therefore it seems that the chance for them is lower than for the new players. Title: Re: Snipie's gambling investment test Post by: snipie on August 29, 2020, 05:31:38 PM Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places. If there will be a valid and profitable strategy, they will all close doors ;)That's why there is 20 red strikes in x2 chance or 10 reds with x1.5 which can make you lose everything. For that guy who won much LTC, he in fact won some ~5500 LTC first then lost 1000 LTC later and maybe if he didn't stop, he may lose more. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on August 30, 2020, 11:24:37 AM Its all about luck and thats why its called gambling. Winning streaks can last a while but same goes for losing ones.
Thats why chasing strategies can cost you alot of money. He was a on heater and was making some serious cash, but it could have turned and his losing streak could have made him lose it all and more. Title: Re: Snipie's gambling investment test Post by: snipie on September 02, 2020, 12:17:36 PM Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%) ;) Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on September 06, 2020, 07:35:14 AM Updated the table. For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568 %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit). Title: Re: Snipie's gambling investment test Post by: snipie on September 06, 2020, 11:09:41 AM Updated the table. For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568 %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit). I tried short investment in doge too the last week and I got like 23 doge from 3.6k in few days then pulled it. Seeing the chart now, if I kept it, I may get $2 or x3 earnings. Title: Re: Snipie's gambling investment test Post by: KTChampions on September 06, 2020, 12:38:34 PM Updated the table. For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%) ;) An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small :) Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) ::) Title: Re: Snipie's gambling investment test Post by: snipie on September 06, 2020, 02:00:09 PM Updated the table. For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%) ;) An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small :) Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) ::) If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan. Title: Re: Snipie's gambling investment test Post by: KTChampions on September 06, 2020, 02:28:15 PM An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small :) Yeah of course, the more we have shares in the bankroll the more we will earn. However 10x my initial investment is a number that I can't afford to lose + the LTC scenario could happens with BTC too especially when I see people having big funds and don't mind to risk it ;)Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) ::) If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan. Yes, it seems to me, this event with LTC alienated many potential investors. If I had not followed your topic and the topic that Yatsan (https://bitcointalk.org/index.php?topic=5239794.0) created, I would not have imagined that this is possible. I thought that the casino has a more stable income and investments in it are almost 100% safe. So again, thank you very much for this topic) Title: Re: Snipie's gambling investment test Post by: Reid on September 06, 2020, 06:24:58 PM Updated the table. For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much. The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%) ;) Your numbers are looking great and of course, so does mine. It went down a bit last time we discussed it at Yatsan's thread. But, the good thing is we don't see it falling like last month. I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though. Does that mean some of the investors are already out? Title: Re: Snipie's gambling investment test Post by: snipie on September 09, 2020, 10:35:28 AM Updated the table.
This week was quite stable with a tiny growth in our investment and a little drop in the bankroll share. Although there was a rise in the investment profit in BTC, the USD price dropped because of the recent ~$1.5k drop from the btc/usd pair. Does that mean some of the investors are already out? Yeah some investors closed their investments after the good record. I think they are just short term investments.Maybe it is better to track it from time to time to have a better idea ;) Today: Currently invested 182.68532327 BTC No. of open investments 144 No. of current investors 82 Title: Re: Snipie's gambling investment test Post by: KTChampions on September 10, 2020, 05:02:28 PM ~ I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though. Does that mean some of the investors are already out? If this is not a secret, then tell me what kind of money did you invest? hundreds/thousands and so on :) Yeah some investors closed their investments after the good record. I think they are just short term investments. Maybe it is better to track it from time to time to have a better idea ;) Today: Currently invested 182.68532327 BTC No. of open investments 144 No. of current investors 82 If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share? Title: Re: Snipie's gambling investment test Post by: snipie on September 10, 2020, 09:02:01 PM If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share? Well it works on both directions actually :)Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge. Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses] So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose ;) Title: Re: Snipie's gambling investment test Post by: KTChampions on September 10, 2020, 09:56:25 PM If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share? Well it works on both directions actually :)Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge. Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses] So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose ;) Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think. Title: Re: Snipie's gambling investment test Post by: snipie on September 11, 2020, 07:43:07 AM Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think. Yeah definitely, since the house is most of the time winning then at the long term (years) having a bigger share will provide a bigger return, especially if whales weren't counted ;)However in the short - medium In Yolodice this cannot be guaranteed! For example, the LTC investors suffered twice big losses in less than a year leading to more than 70% of their initial investment to disappear, recovering it will be challenging! I tried to estimate the amount won by the bankroll after ethan made the change for them and it seems to be 320 LTC?/14 days. There were like 4k LTC still missing from the bankroll and even recovering it will not make -70% returns to 0%. Most likely LTC investors have to wait for +6k LTC in the bankroll to start winning again without counting another big drop or repetitive smaller ones... Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on September 13, 2020, 06:57:37 PM I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row? I was expecting to see at least small recover but LTC investors didn't even get handkerchiefs to wipe their tears. This crazy winner just take 5k LTC and left. Crazy... https://i.imgur.com/yb6aOAa.png Guys... diversyfication is a must have in bankroll investment. Title: Re: Snipie's gambling investment test Post by: xxjumperxx on September 14, 2020, 05:28:57 AM Guys... diversyfication is a must have in bankroll investment. This is so true, glad someone is repeating it! Bankroll investing is by no means a sure thing, the chances do become pretty good in long term though. Short term someone can just come in and clean up house and in the worst case take his winnings and bail! Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on September 14, 2020, 06:09:09 AM Speaking of LTC investment. I just realized that Yolodice reduced commission to 35%.
Quote We are lowering commission on all LTC investments to 35% till 31st December 2020. This applies to all new and existing investments! This should help recover loses for LTC investors, but i doubt that guy like this one will recover before 2022. https://i.imgur.com/dTLmrgf.png Title: Re: Snipie's gambling investment test Post by: snipie on September 14, 2020, 07:07:21 AM Guys... diversyfication is a must have in bankroll investment. This is so true, glad someone is repeating it!Speaking of LTC investment. I just realized that Yolodice reduced commission to 35%. Yeah I saw another guy with old account in the chat 1-2 weeks ago claiming to lose the same or a bigger amount from ~260? LTC to a dozen of LTC...Quote We are lowering commission on all LTC investments to 35% till 31st December 2020. This applies to all new and existing investments! This should help recover loses for LTC investors, but i doubt that guy like this one will recover before 2022. https://i.imgur.com/dTLmrgf.png (https://i.imgur.com/dTLmrgf.png) In the last 10 days there was 300 LTC gained by the site however the fluctuation happening all the time will reduce the final earning of each participant... Normally 195? LTC will be distributed between them, since this guy own 3% of the bankroll then he should get 5.85 LTC (*4.5 LTC before the change*) if I am not mistaken. Well guess this was not the case with the fluctuations...if he earned >2 LTC will be lucky, so to extrapolate this he will be very very grateful if he can recover his initial funds by the end of the 2021 summer considering the actual 35% is only available until the end of this year. Of course this speculation excluded a big whale losing/winning much ;) For BTC until now the situation is quite stable, no big modification! Title: Re: Snipie's gambling investment test Post by: snipie on September 16, 2020, 11:00:37 AM Updated the table.
We are still in a positive trending with more people joining. Comparision between 09 and 16 September stats: Currently invested 182.68532327 BTC - - - > 194.74100876 BTC No. of open investments 144 - - - - - - - - - - - - > 163 No. of current investors 82 - - - - - - - - - - - - - > 86 That's nice (although there was a drop in our bankroll :P ) Title: Re: Snipie's gambling investment test Post by: onrise on September 21, 2020, 12:39:39 PM Updated the table. We are still in a positive trending with more people joining. Comparision between 09 and 16 September stats: Currently invested 182.68532327 BTC - - - > 194.74100876 BTC No. of open investments 144 - - - - - - - - - - - - > 163 No. of current investors 82 - - - - - - - - - - - - - > 86 That's nice (although there was a drop in our bankroll :P ) Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now. Title: Re: Snipie's gambling investment test Post by: snipie on September 21, 2020, 03:34:36 PM Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now. Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing :) Title: Re: Snipie's gambling investment test Post by: onrise on September 21, 2020, 05:24:45 PM Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now. Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing :) Okay I thought Matthew was wagering for both LTC/BTC. Thanks for clarifying it. But for LTC if Mr X is still playing then not seeing much movement now in the ROI as well since it had drastically fallen like 90% or so and from past couple of weeks its hovering in negative 83 - 85% range only. Not major change happening with it. Title: Re: Snipie's gambling investment test Post by: snipie on September 23, 2020, 12:27:52 PM Updated the table.
We are now in week 16 and the profit is still rising. Few changes happened to the bankroll during this week. I figured a table to track the changes would be better? BTC bankroll
Title: Re: Snipie's gambling investment test Post by: snipie on September 30, 2020, 09:01:53 AM Updated the table.
We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition. Changes in the bankroll during this week: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: KTChampions on September 30, 2020, 02:02:54 PM Updated the table. We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition. Changes in the bankroll during this week: BTC bankroll
It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount). Title: Re: Snipie's gambling investment test Post by: onrise on September 30, 2020, 03:01:45 PM Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time.
Title: Re: Snipie's gambling investment test Post by: snipie on October 01, 2020, 04:32:56 PM Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time. Yeah I believe he was the first in the previous weekly competition and he is also the first in the actual weekly. Depositing big + lucky shots!It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount). It is almost 4 months and the profit is quite good until now ;)Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on October 04, 2020, 09:40:33 AM I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are:
https://i.imgur.com/Ra0YGPV.png https://i.imgur.com/YGKxTLG.png https://i.imgur.com/anlpTlM.png It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume? Title: Re: Snipie's gambling investment test Post by: snipie on October 04, 2020, 11:00:04 AM I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are: Approximately 130 BTC, 8.4k LTC and 54,000k Doge were wagered in the last week. Apart maybe BTC, the other 2 coins wagered volume is low. For the BTC wagered amount, even 1 whale was able to generate the same number in 1 day.-snip- It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume? The low gambling volume might be the consequence of the recent change, 0.5% max bet of the household, which is 0.96 BTC, 32 LTC and 300k Doge. I remember those max limits were 2.5 BTC and around 90 for LTC. So reduced max limit lowered the reward for gamblers and made it more risky and at the same time it made it safer for both house and investors. Overall less volume injected per a bet = less volatility and considering the house advantage = stable growth. This equation will not be valid in short term if a lucky whale come back and start playing with max bet. Title: Re: Snipie's gambling investment test Post by: snipie on October 08, 2020, 01:42:40 PM Updated the table.
We are now in week 18. The profit is in steady and tiny progression. Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: snipie on October 14, 2020, 09:31:00 AM Updated the table.
The profit in bitcoin is quite stable as usual while in USD it is ATH since the recent rise in the price :) Changes in the bankroll: BTC bankroll
Overall seeing the table for ROI perspective from last 1.5 months its nearly the same ranging in 15-17% so quite stable from that front. Also, after Matthew who played big and as soon as he stopped playing the game for some time now it is not highly volatile some regular players are playing the game but with limited money unlike Matthew. Matthew is responsible for the LTC volatility and not the bitcoin one. Another guy (I called him Mr X) is responsible for the BTC bankroll volatility who was not around for quite some time apparently ;)Title: Re: Snipie's gambling investment test Post by: snipie on October 22, 2020, 02:18:34 AM Updated the table.
Our profit jumped a bit in bitcoin and it is at ATH again in USD since the recent rise in the price this week too! The overall earnings are $178.1 vs $121.7 at the beginning so +$56.4 if we took in consideration the actual price vs the initial price when I invested ;) Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: numanoid on October 25, 2020, 08:08:10 AM Quote ~snip OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available laterI will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available). I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread. Title: Re: Snipie's gambling investment test Post by: snipie on October 25, 2020, 11:30:36 AM Quote ~snip OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available laterI will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available). I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread. Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on October 25, 2020, 01:39:48 PM I actually invested twice in dogecoin, the first with 5416.12333841 DOGE and I lost −8.80468374 DOGE. The second time I invested 3655.65890775 DOGE and my profit was 23.22053553 DOGE. Both were a very short term investment of less than a week. Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment. Yea. But it is high risk high return investment and I think that expected profit is worth the risk (especially for small size investments - no more than 5% of wallet) Expected return: Biggest and oldest doge whale. https://i.imgur.com/AQaQlA0.png 9.5 mln DOGE profit, current value 14.5 mln DOGE so he invested 5 mln DOGE 10 month ago and now he has 14.5 mln DOGE. +190% in 10 months. My current return is 20% in 5 months - much worse but maybe gamblers are lucky (or there is lesser gambling volume or bigger bankroll) DOGE Price: https://i.imgur.com/PWs8mTg.png Doge is currently at very strong support. This is 5 year support. Pomp to 60+ sat is possible/expected. Title: Re: Snipie's gambling investment test Post by: snipie on October 25, 2020, 06:38:34 PM -snip- Yeah I saw it, I don't know why I always feel that those blocks are related to a group of people or that one is related to the site/admins. Anyway, old investments of +3 months seems to be ok but barely all investment less than 2 months old seems to suffer losses. Honestly I don't have the courage to invest the equivalent of 1 BTC in doge bankroll nor to exchange my BTC to doge. I hope doge grows and jump to +60 sat but I don't expect this to happen before bitcoin passing $18k-20k. Doge isn't a pump and dump coin. Title: Re: Snipie's gambling investment test Post by: numanoid on October 26, 2020, 12:52:20 AM ~snip I see. Doge price on BTC pair also decreased now, only at 20 sats when it was 25 sats before BTC pump. The investment on Yolodice also decreased based on the investor's chart, i assume they are some guy who won a lot recently, 119 millions doge profit to 115millions now.~snip DOGE was pumped to 60sats on few months ago. FYI, that whale's profit was more than 10millions doge, but it falling since some guy won a lot on Yolodice Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on October 26, 2020, 07:46:09 AM Yeah I saw it, I don't know why I always feel that those blocks are related to a group of people or that one is related to the site/admins. Anyway, old investments of +3 months seems to be ok but barely all investment less than 2 months old seems to suffer losses. Yea i think that too. This biggest and oldest position looks like owners share. My investment was under water for weeks too. This investment is long term. In short term fluctuations shed false light. BTW someone is winning good now. My profit went down from 22% to 15%. Honestly I don't have the courage to invest the equivalent of 1 BTC in doge bankroll nor to exchange my BTC to doge. Min investment is 2000 doge - 5,6$I hope doge grows and jump to +60 sat but I don't expect this to happen before bitcoin passing $18k-20k. Doge isn't a pump and dump coin. To be honest I see DOGE as 100% pump and dump coin. As you can see on chart that i shared earlier. As soon as price touch 20 sat it explodes to 60-120 sat in few days and then dump back to 20 sat and it repeated 8 times. I think that everything may happen with price but pomp to 60 sat is very possible. No matter if it will start from 20 sat or 15 sat after half year (half year of passive roi from casino) Title: Re: Snipie's gambling investment test Post by: snipie on October 26, 2020, 09:47:53 AM -snip- Yeah I am aware of the minimum amount of Doge required to open an investment, I already did it twice, I was just referring to the amount in that block which is ~1 BTC :)For Doge as pump and dump coin, I don't have big idea since I don't follow it regularly, I just used to learn about it years ago and its community seems to not care that much about the price, maybe things changed. Title: Re: Snipie's gambling investment test Post by: freedomgo on October 26, 2020, 12:03:54 PM -snip- Yeah I am aware of the minimum amount of Doge required to open an investment, I already did it twice, I was just referring to the amount in that block which is ~1 BTC :)For Doge as pump and dump coin, I don't have big idea since I don't follow it regularly, I just used to learn about it years ago and its community seems to not care that much about the price, maybe things changed. Doge is not necessarily a pump and dump coin, its just like a normal coin, even bitcoin can pump and dump at any given time, same with doge, what makes them stable is their trading volume which doge has over $95 million trading volume today, and that's very liquid, good for payment system. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on October 29, 2020, 11:46:04 PM The Dogecoin bankroll has been getting killed these past two weeks. I opened a new investment 3 weeks ago and it is down more than 16% and my lifetime profits are also negative. There's a couple of whales who have been wagering tens of millions of DOGE per week.
Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on October 30, 2020, 09:59:20 AM Yes. My 22% profit just get rect. 4% profit left from 5.5 month old investment. Doge is -25% (DOGE/BTC price - from 27 sat to 20 sat). So far it's not my best investment. To shame ... It looked so promising based on old investors' performance. Good that I didn't put much in it.
I'm not losing hope. Sooner or later statistic advantage that casino has will rect this whale... Title: Re: Snipie's gambling investment test Post by: snipie on October 30, 2020, 02:58:34 PM Updated the table.
Apparently not only Doge suffered losses, even bitcoin investment rewards are down with the 4 BTC won by a someone in the previous days. Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: KTChampions on October 30, 2020, 09:59:57 PM Updated the table. Apparently not only Doge suffered losses, even bitcoin investment rewards are down with the 4 BTC won by a someone in the previous days. Changes in the bankroll: BTC bankroll
If you look globally, then rather you need to talk not about how difficult it is to recover quickly, but about the fact that excellent performance has slightly deteriorated due to the big victory of some player. Despite this, the results achieved look great. Title: Re: Snipie's gambling investment test Post by: janggernaut on October 31, 2020, 05:46:36 AM The Dogecoin bankroll has been getting killed these past two weeks. I opened a new investment 3 weeks ago and it is down more than 16% and my lifetime profits are also negative. There's a couple of whales who have been wagering tens of millions of DOGE per week. Correct, mine also in negative. The whales are DonalTrumpNow and Deepluck who won total almost 11 million doges in past 2 weeks. Didn't knew both can won so much doge even after Ethan reduced max win bet to 0.5% from total bankroll.The whale who won 4 BTC yesterday is bitzombie, who betting with 1 BTC each bet. (He even rained some satoshi to people on yolodice's chat box) Title: Re: Snipie's gambling investment test Post by: snipie on October 31, 2020, 09:12:15 AM Updated the table. If you look globally, then rather you need to talk not about how difficult it is to recover quickly, but about the fact that excellent performance has slightly deteriorated due to the big victory of some player. Despite this, the results achieved look great.Apparently not only Doge suffered losses, even bitcoin investment rewards are down with the 4 BTC won by a someone in the previous days. -snip- The drop in week 17 for example, which happened after ethan updated the max bets, was also due to the same whale(s). They won in the beginning then in 3 weeks we almost recovered our losses :) The difference between week 17 and this week is the share in the bankroll which dropped so it may take more time to recover ;) Title: Re: Snipie's gambling investment test Post by: KTChampions on October 31, 2020, 03:05:44 PM If you look globally, then rather you need to talk not about how difficult it is to recover quickly, but about the fact that excellent performance has slightly deteriorated due to the big victory of some player. Despite this, the results achieved look great. Well I already mentioned that in this post and even in the previous events like that ;)The drop in week 17 for example, which happened after ethan updated the max bets, was also due to the same whale(s). They won in the beginning then in 3 weeks we almost recovered our losses :) The difference between week 17 and this week is the share in the bankroll which dropped so it may take more time to recover ;) Okay, I got you. I read the whole topic in full, but I rarely comment, so sometimes I can overlook something :) Have you thought about increasing your investment (and thus your bankroll share), in fact you need to add a small amount to restore the previous share indicators? Title: Re: Snipie's gambling investment test Post by: snipie on October 31, 2020, 07:03:48 PM Okay, I got you. I read the whole topic in full, but I rarely comment, so sometimes I can overlook something :) Then I will have to close the current investment and open another one, so basically restarting after +5 months of it. I prefer keep updating the table like that and see how long term investment will looks like.Have you thought about increasing your investment (and thus your bankroll share), in fact you need to add a small amount to restore the previous share indicators? I can of course open a new investment with a bigger amount but I don't have any intention to do it for the moment at least. Title: Re: Snipie's gambling investment test Post by: snipie on November 04, 2020, 11:06:25 AM Updated the table.
For the moment our profit in BTC is quite stable after the recent drop. Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: snipie on November 11, 2020, 06:30:11 PM Updated the table.
For the third week, our BTC profit is almost exactly the same. The only thing that changed a lot is the bitcoin price ($15,960) driving my total investment to $216.1 from an initial one of $121.7 so $94.4 as a total gain ;) Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: snipie on November 18, 2020, 11:31:58 AM Updated the table.
BTC is almost close to ATH again, above $18k ;) Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: jaberwock on November 18, 2020, 03:01:25 PM It is really nice to see what is going on this way, obviously there are ups and downs in casino investment just like gambling itself but it is always nice to see that in the long run it is a profitable thing if you are patient enough. Investor number went down a bit which is obvious, but the invested number didn't really dropped that much which shows that there are less people investing more money, and I don't know what that tells me.
However with bitcoin going higher and higher, I feel like next week will be less invested with some people withdrawing their earnings and cash out when bitcoin price is high. Seeing over $20k could mean drastically changes in investment towards casinos, people may want to move to fiat finally after 3 years of waiting for the all time high. Title: Re: Snipie's gambling investment test Post by: janggernaut on November 18, 2020, 03:16:58 PM It is really nice to see what is going on this way, obviously there are ups and downs in casino investment just like gambling itself but it is always nice to see that in the long run it is a profitable thing if you are patient enough. Investor number went down a bit which is obvious, but the invested number didn't really dropped that much which shows that there are less people investing more money, and I don't know what that tells me. The investment in bitcoin is down a lot. As you can see on last week, total bitcoin investment still 203 btc, but this week there are only total 197 btc invested on yolodice. It's mean there are 6 btc divested from btc bankroll investmentTitle: Re: Snipie's gambling investment test Post by: snipie on November 18, 2020, 03:37:06 PM -snip- -snip- Assuming admins' shares are the same then yeah there is a drop in the number of opened investments along with investors and the amount invested which can be explained by the current fast rise of bitcoin price. As you mentioned if it passes $20k, I am afraid those numbers will drop even more.. In this case admins have to find a way to stimulate investment by points (~token) system generated weekly or something like this, and can be redeemed to crypto... Title: Re: Snipie's gambling investment test Post by: KTChampions on November 21, 2020, 09:38:49 PM Assuming admins' shares are the same then yeah there is a drop in the number of opened investments along with investors and the amount invested which can be explained by the current fast rise of bitcoin price. As you mentioned if it passes $20k, I am afraid those numbers will drop even more.. In this case admins have to find a way to stimulate investment by points (~token) system generated weekly or something like this, and can be redeemed to crypto... What is the reason for this? Are investors withdrawing bitcoin to lock in profit from investments and from the growth of the exchange rate? But the fewer investors there are, the greater the proportion of those who remain - it seems to me that ethyo is already a serious incentive to continue holding your position or even increase it. Title: Re: Snipie's gambling investment test Post by: magneto on November 21, 2020, 11:14:19 PM Great work OP. I was just wondering whether or not you'd be doing this for other sites too?
I think it would be interesting to build a portfolio of investments across a bunch of dice sites, as opposed to concentrating on one in particular. That would mimic a more realistic portfolio for most people imo due to diversified risks. But damn, these returns are not shabby at all. Over 20% p.a. can legit surpass credit card debt in some countries and then some, and that's discounting any BTC hikes. Title: Re: Snipie's gambling investment test Post by: snipie on November 22, 2020, 11:33:38 AM -snip- Thanks. I actually invested only in Yolodice and don't count enlarge it due to several personal reasons.The revenue are quite good indeed but lately players seem to be lucky and the profit is decreasing slowly over time while it should be the opposite ;) Until now long term or at least medium term investment is safe. -snip- I proposed here the idea of token to be added as a reward system that can be converted to crypto rather than replacing it. Let's say after I kept my investment for a month I got 30 tokens then 90 after 3 months, 180 token after 6 months...let's say once I reach 100 tokens I can redeem it with 0.0001 btc or the equivalent in other available crypto. Same can be used for referrals, every 5 referrals, you get x token. It can also applies when winning competitions, chatting... It is just an idea to encourage people and attract them :) -snip- It is hard to tell especially when admins already have funds there so they or other people can close the investment, sell, buy when the price decreased to less than $18k then reinvest again, that can be one of the possibilities since the actual invested amount rised to 210.31151712 BTC! with 151 opened investments by 75 users :oTitle: Re: Snipie's gambling investment test Post by: KTChampions on November 23, 2020, 07:50:35 AM -snip- It is hard to tell especially when admins already have funds there so they or other people can close the investment, sell, buy when the price decreased to less than $18k then reinvest again, that can be one of the possibilities since the actual invested amount rised to 210.31151712 BTC! with 151 opened investments by 75 users :oWow :o Judging by this post (https://bitcointalk.org/index.php?topic=5254959.msg55621538#msg55621538), someone added 13 bitcoins to the investment. I wish I knew it was done by one person or several different ones. Maybe investors are inspired by the growth of bitcoin and continue to invest in it, and in order to get additional profit, they also invest bitcoins itself. Title: Re: Snipie's gambling investment test Post by: snipie on November 25, 2020, 05:57:15 PM Updated the table.
BTC now is almost touching ATH, above $19k :o Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on November 26, 2020, 05:13:44 PM I closed my doge investment yesterday before BTC dump. I made like +6% in DOGE in 6 months while doge dropped 25% (so - 19% in total - considering BTC investment). Casino performance was way worse than i calcuated based by old investors return. This confirms the basic principle of investors - historical performance are not a guarantee of future returns.
Why i did it now, at the bottom of the doge and the bottom of investors stats chart? I do belive that BTC pump is a the time when many cards are revealed. Its the moment when exit scams are the most profitable. The moment in which the fractional reserve system is crashing (f.e. if yolodice was hacked before and they didn't announce it and keep working). This extra risk, together with weak casino volume last weeks (low returns) prompted me to close the investment. Title: Re: Snipie's gambling investment test Post by: KTChampions on November 27, 2020, 10:22:41 PM Tytanowy Janusz
Rational decision. You have limited your losses and saved the bulk of your investment. The entire crypto market has turned into a casino now, so the demand for a casino will be low among crypto users :D I think that it will be necessary to return to investments of this kind when the market calms down (it does not matter on the lows or on the highs) and is more or less predictable. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on November 28, 2020, 07:58:43 AM The entire crypto market has turned into a casino now, so the demand for a casino will be low among crypto users :D I think that it will be necessary to return to investments of this kind when the market calms down (it does not matter on the lows or on the highs) and is more or less predictable. Yep. It looks like this was the case. When I was calculating old investors return for doge it was like 200-300% APY. My estimated APY based on 6 month investment is 12%. This is huge gap and i thing you made a good point that is was caused by different market condition (8-12k consolidation vs 10-19k rally). The market provides gamblers with a sufficient dose of adrenaline. There is currently like 5 mln DOGE wagered daily (on average) - 16k$ - 160$ profit for website (considering 1% house edge), 80$ daily for all investors to share. I trust yolodice, they have never let me down, but with such low daily profit and such high bankroll size ($250k for doge only) exit scam is very tempting. I decided not to take this risk. Title: Re: Snipie's gambling investment test Post by: slaman29 on November 28, 2020, 12:20:30 PM Curious to read and find out more about investments over the past 4 weeks in various places, especially with the price just going up a lot and then now suddenly crashing over 20%. I have one investment elsewhere and would like to see how other places are performing during this period. My instinct says wagers should go down but I'm not exactly seeing a solid pattern here.
Yep. It looks like this was the case. When I was calculating old investors return for doge it was like 200-300% APY. My estimated APY based on 6 month investment is 12%. This is huge gap and i thing you made a good point that is was caused by different market condition (8-12k consolidation vs 10-19k rally). The market provides gamblers with a sufficient dose of adrenaline. There is currently like 5 mln DOGE wagered daily (on average) - 16k$ - 160$ profit for website (considering 1% house edge), 80$ daily for all investors to share. It seems to have a bad effect on doge, so do you think this is because doge/btc value is lowering or is this just a issue of again markets heating up so people gambling less? I have seen the same at my other site (good doge returns but now slowing down). Title: Re: Snipie's gambling investment test Post by: snipie on December 03, 2020, 03:05:47 PM Updated the table.
Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: snipie on December 10, 2020, 12:23:46 PM Updated the table.
-BTC1.5, won by a whale?, drove the profit down this week. Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on December 11, 2020, 01:16:33 AM The past few weeks have not been so great for investors. With there being a competition for the next few days, Bitcoin investments will be paused for this period. I am losing faith in being able to get good returns by investing with this casino. As much as I like YOLOdice, 10% profit in a little over six months does not seem worth the risk of having someone run off with your money.
Title: Re: Snipie's gambling investment test Post by: janggernaut on December 11, 2020, 02:00:40 AM The past few weeks have not been so great for investors. With there being a competition for the next few days, Bitcoin investments will be paused for this period. I am losing faith in being able to get good returns by investing with this casino. As much as I like YOLOdice, 10% profit in a little over six months does not seem worth the risk of having someone run off with your money. Actually few months (my investment also still on negative right now). Currently Yolodice has running bitcoin competition with 0.5 btc prize for 30 lucky user who earned biggest profit in 7 days.I can say if you have made 10% profit on 6 months, it's still a good return. You can compare it with interest in bank or another investment which offer you lower % interest than 10%. About your last word, i disagree with that, there are lot of people who invested sum of huge amount on Yolodice, because for them yolodice is one of trusted gambling site (they have been already over 4 years now in gambling industry) Title: Re: Snipie's gambling investment test Post by: Fredomago on December 11, 2020, 02:15:05 AM Updated the table. It's Good to see that You are still active and Updating your thread even the pandemic change lots of things.-BTC1.5, won by a whale?, drove the profit down this week. Changes in the bankroll: BTC bankroll
While your Mentor @yatsan in which your inspiration doing this challenge investments seems to be out of the system for a while https://bitcointalk.org/index.php?topic=5239794.0 Because His thread is not having an update up to now. Goodluck more and hope profiting till you stop this in future. Title: Re: Snipie's gambling investment test Post by: snipie on December 11, 2020, 09:30:12 AM @Fredomago, I will try my best to keep it updated, although I am thinking to close it much often than weeks ago. I don't see much interactions and people interesting about it, at the opposite, our earnings aren't doing well lately and this competition will freeze our investment for 7 days... So the same thing will be repeated 1 week every 3-4 weeks? This is not good for us...
Title: Re: Snipie's gambling investment test Post by: Saint-loup on December 11, 2020, 12:04:18 PM Sorry for this layman question but your ROI is computed in $ or in BTC? Because I don't understand how it can decrease while you are earning more BTC ???
TYVM for sharing your detailed experience with us. Title: Re: Snipie's gambling investment test Post by: Mahdirakib on December 11, 2020, 01:24:05 PM Sorry for this layman question but your ROI is computed in $ or in BTC? Because I don't understand how it can decrease while you are earning more BTC ??? ~ His ROI computed in btc. Probably you making mistake to realize the summary. His initial investment was 0.0123BTC. End btc column shows that how much balance he have after each week(including profit/loss with initial investment). And it goes up and down as gambler makes loss/profit. BTC added column isn't progressive. It is the difference between his initial investment and his end balance after each week. In week 26 his overall profit was 0.00134202BTC without initial investment. In week 27 his overall profit slightly decreased at 0.00123004BTC. As a result the ROI have been decreased.Title: Re: Snipie's gambling investment test Post by: peter0425 on December 11, 2020, 01:35:30 PM although I am thinking to close it much often than weeks ago. I don't see much interactions and people interesting about it, at the opposite, our earnings aren't doing well lately and this competition will freeze our investment for 7 days... So the same thing will be repeated 1 week every 3-4 weeks? This is not good for us... that is same sentiments what is people talking in @Yatsan thread in which there is no gaining all in all and there are also someone discouraging investors to try this a you both made an example about what is the most will happen.So maybe try to consider closing and since there is a possibilities of having Bull better use the amount to invest in other coins in which the chance of gaining is much higher than this. But nice try,you did your best Budz. Title: Re: Snipie's gambling investment test Post by: snipie on December 11, 2020, 02:04:58 PM Sorry for this layman question but your ROI is computed in $ or in BTC? Because I don't understand how it can decrease while you are earning more BTC ??? Yes as Mahdirakib said. I put in the table my initial investment then "plus" or "minus" a number which is what I "earned" or "lost" according to my initial balance, of course in bitcoin and in $. Obviously the dollar number might increase although the BTC's one falling, since the price of BTC/USD is high now. You can find too in "End BTC" the total I gained in BTC which you can convert in $ to compare it with the initial fund.TYVM for sharing your detailed experience with us. So today I have a total of 0.01353796 BTC = $243.2 comparing to $121.7 at that time when I opened my investment. My ROI in bitcoin is 10% but in USD is 100% thanks to the huge jump of BTC/USD pair. Title: Re: Snipie's gambling investment test Post by: BTCGOLD on December 11, 2020, 02:19:13 PM By the way, I think that gambling is not an investment, but just real gambling. When investing, it is usually the intention that you get money back with some degree of certainty.
That is not always the case with gambling. Title: Re: Snipie's gambling investment test Post by: mardaed on December 11, 2020, 04:02:26 PM I was really moved, and I really want to start investing now. I think that this has a good ROI, anyone who could enlighten as to what is the amount of investment ideal for making casino investment?
Title: Re: Snipie's gambling investment test Post by: snipie on December 11, 2020, 05:25:38 PM I was really moved, and I really want to start investing now. I think that this has a good ROI, anyone who could enlighten as to what is the amount of investment ideal for making casino investment? The amount you could afford to lose above the minimum required to start investment for each coin and each service. That's the only answer that I am convinced with after months of investing. By the way, I think that gambling is not an investment, but just real gambling. When investing, it is usually the intention that you get money back with some degree of certainty. Yeah indeed it is gambling more than investing. There is no guarantee that you will get profits in short or even long term. It is actually passively playing against other players and hope they will keep losing all the time. That is not always the case with gambling. Title: Re: Snipie's gambling investment test Post by: coupable on December 11, 2020, 07:36:43 PM The past few weeks have not been so great for investors. With there being a competition for the next few days, Bitcoin investments will be paused for this period. I am losing faith in being able to get good returns by investing with this casino. As much as I like YOLOdice, 10% profit in a little over six months does not seem worth the risk of having someone run off with your money. I don't also agree with your last note.First, 10% profit over six months isn't that bad considering that you don't have to spend any effort, it's just like storing our money in a bank account which makes you also get a portion from general profit. Second, Yolodice is most known gambling platform which let users to invest within the platform and get a share from house profit. I know about their investment program since many years and didn't ever see a complaint about it. No one will run off with your money. Title: Re: Snipie's gambling investment test Post by: Mahanton on December 11, 2020, 09:42:02 PM I was really moved, and I really want to start investing now. I think that this has a good ROI, anyone who could enlighten as to what is the amount of investment ideal for making casino investment? When it comes to ROI then it wont really be that similar on other investment yet you can somewhat assure that you're with the house which do always win in the end. Basing into those numbers in OP then you will really see on how potential on investing on gambling site houses but well theres always the risk accompanied with it. In the question on how much you should invest? Then its up to you but be sure you would invest on the amount that you can afford to lose. Title: Re: Snipie's gambling investment test Post by: KTChampions on December 11, 2020, 09:58:18 PM Updated the table. -BTC1.5, won by a whale?, drove the profit down this week. ~ Uh, unpleasant event. If I correctly understand the statistics that is kept in the first post, then because of this event we returned a month back (in terms of profit)? I wonder how fast the recovery will take place, as I see the amount of investments is not growing, perhaps this will help in the recovery. Title: Re: Snipie's gambling investment test Post by: Twentyonepaylots on December 11, 2020, 11:02:08 PM Good to see you're earning mad bucks through Yolodice, but what exactly are we trying to accomplish right here? Are you selling Yolodice to other members of this forum? If that's so then please do share with us a strategy or a technique you used to make the most out of your investment.
Updated the table. -BTC1.5, won by a whale?, drove the profit down this week. ~ Uh, unpleasant event. If I correctly understand the statistics that is kept in the first post, then because of this event we returned a month back (in terms of profit)? I wonder how fast the recovery will take place, as I see the amount of investments is not growing, perhaps this will help in the recovery. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on December 12, 2020, 01:33:06 AM I don't also agree with your last note. First, 10% profit over six months isn't that bad considering that you don't have to spend any effort, it's just like storing our money in a bank account which makes you also get a portion from general profit. Second, Yolodice is most known gambling platform which let users to invest within the platform and get a share from house profit. I know about their investment program since many years and didn't ever see a complaint about it. No one will run off with your money. With a bank at least your money is insured. You also don't have to worry about being down 20% as is the case with my recent Dogecoin investment. There are certain tradeoffs to be made but I prefer the option that is safest. There is never a guarantee that they won't run off with your money. People have thought the same thing about other casinos and it still happened. Title: Re: Snipie's gambling investment test Post by: stadus on December 14, 2020, 03:02:26 PM I don't also agree with your last note. First, 10% profit over six months isn't that bad considering that you don't have to spend any effort, it's just like storing our money in a bank account which makes you also get a portion from general profit. Second, Yolodice is most known gambling platform which let users to invest within the platform and get a share from house profit. I know about their investment program since many years and didn't ever see a complaint about it. No one will run off with your money. With a bank at least your money is insured. You also don't have to worry about being down 20% as is the case with my recent Dogecoin investment. There are certain tradeoffs to be made but I prefer the option that is safest. There is never a guarantee that they won't run off with your money. People have thought the same thing about other casinos and it still happened. Your money is insured but you are not investing in a bank, what percentage will it give you when putting your money in the bank? you might might earn a little interest but your money will eventually hit by inflation, hence, it's value will drop. Investing is risky, but it's the only way to grow your money, you need to take the risk and play it well, yes, you should still play it well though literally you are not playing but investing. Title: Re: Snipie's gambling investment test Post by: kamadazje on December 15, 2020, 09:22:17 PM Upon checking this kind of investment, I became interested and curious. I decided to check the stats in dicesites.com but I guess I miss the most important part which is to check whether that certain casino is earning or not in weekly basis.
Your ROI is not that bad even if there are consecutives losses, you were able to regain it as you have received a consecutive green starting from week 10 up until the present. May I know if what are more profitable in investing to Yolodice? using eth, ltc, doge or btc? Title: Re: Snipie's gambling investment test Post by: snipie on December 15, 2020, 09:52:16 PM Upon checking this kind of investment, I became interested and curious. I decided to check the stats in dicesites.com but I guess I miss the most important part which is to check whether that certain casino is earning or not in weekly basis. There isn't a constant growth nor a profitable coin in investment in reality.Your ROI is not that bad even if there are consecutives losses, you were able to regain it as you have received a consecutive green starting from week 10 up until the present. May I know if what are more profitable in investing to Yolodice? using eth, ltc, doge or btc? LTC investors suffered a huge losses twice, the recent one was only few weeks ago and people lost like 70-80% of their initial investment unfortunately. Additionally at the end of this month, the push (35%) that the site offers will come to an end.. Doge investment is very volatile and you can easily get more than 10% in short term then - 20% just after. Few days ago I remember people reported bad results. For ETH, there isn't investment plans for the moment. For BTC, it is less volatile unless there is a whale playing or a competition running like the actual one where my investment is dropping. Investing is like gambling. The site can win 20 BTC in a week for example while your investment is negative that week especially if your share increased when the site is losing then decreased when it starts winning. It is a bit complicated but I want just say that stats aren't as simple as it looks and never ever invest what you aren't afford to lose. Think about it like tossing a coin every second, at the end of the day you can win like you can lose. Title: Re: Snipie's gambling investment test Post by: Saint-loup on December 15, 2020, 10:07:21 PM Sorry for this layman question but your ROI is computed in $ or in BTC? Because I don't understand how it can decrease while you are earning more BTC ??? ~ His ROI computed in btc. Probably you making mistake to realize the summary. His initial investment was 0.0123BTC. End btc column shows that how much balance he have after each week(including profit/loss with initial investment). And it goes up and down as gambler makes loss/profit. BTC added column isn't progressive. It is the difference between his initial investment and his end balance after each week. In week 26 his overall profit was 0.00134202BTC without initial investment. In week 27 his overall profit slightly decreased at 0.00123004BTC. As a result the ROI have been decreased.Sorry for this layman question but your ROI is computed in $ or in BTC? Because I don't understand how it can decrease while you are earning more BTC ??? Yes as Mahdirakib said. I put in the table my initial investment then "plus" or "minus" a number which is what I "earned" or "lost" according to my initial balance, of course in bitcoin and in $. Obviously the dollar number might increase although the BTC's one falling, since the price of BTC/USD is high now. You can find too in "End BTC" the total I gained in BTC which you can convert in $ to compare it with the initial fund.TYVM for sharing your detailed experience with us. So today I have a total of 0.01353796 BTC = $243.2 comparing to $121.7 at that time when I opened my investment. My ROI in bitcoin is 10% but in USD is 100% thanks to the huge jump of BTC/USD pair. The past few weeks have not been so great for investors. With there being a competition for the next few days, Bitcoin investments will be paused for this period. I am losing faith in being able to get good returns by investing with this casino. As much as I like YOLOdice, 10% profit in a little over six months does not seem worth the risk of having someone run off with your money. I don't also agree with your last note.First, 10% profit over six months isn't that bad considering that you don't have to spend any effort, it's just like storing our money in a bank account which makes you also get a portion from general profit. Second, Yolodice is most known gambling platform which let users to invest within the platform and get a share from house profit. I know about their investment program since many years and didn't ever see a complaint about it. No one will run off with your money. On Freebitcoin you can "only" earn 4.1% APY(but it's guaranteed) and it's one of the highest rate you can find on platforms. Title: Re: Snipie's gambling investment test Post by: snipie on December 16, 2020, 07:02:17 AM Updated the table.
Our profit is continuing its decline this week too.. Changes in the bankroll: BTC bankroll
Title: Re: Snipie's gambling investment test Post by: peter0425 on December 16, 2020, 07:29:39 AM Updated the table. Still looking good compared to what it was in months ago.Our profit is continuing its decline this week too.. Changes in the bankroll: BTC bankroll
Good to see your investment is still in good faith while the other Thread like this has no update until now. Hoping you'll make a Big gain when time comes you decide to stop this and move on. Title: Re: Snipie's gambling investment test Post by: snipie on December 16, 2020, 07:47:11 PM Good to see your investment is still in good faith while the other Thread like this has no update until now. Thanks. I am trying my best to keep it updated :)Hoping you'll make a Big gain when time comes you decide to stop this and move on. I am monitoring that running BTC competition in Yolodice from far where a whale is dominating the first spots and playing carefully until now. He is responsible for the recent dip in our investment. As much as I hope he win good as much I hope also he lose some money to let us recover a bit of our losses :-\ Title: Re: Snipie's gambling investment test Post by: snipie on December 17, 2020, 11:49:42 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic.
The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ Title: Re: Snipie's gambling investment test Post by: KTChampions on December 18, 2020, 10:30:38 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic. The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ :( My condolences to you. I do not follow this site, but what kind of promotion was carried out there that led to such significant losses? Is it a win of some kind of whale or is it just that luck suddenly smiled on several players at once? On the one hand, I want to be happy for them, on the other hand, it looks strange. Title: Re: Snipie's gambling investment test Post by: snipie on December 18, 2020, 11:27:35 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic. The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ :( My condolences to you. I do not follow this site, but what kind of promotion was carried out there that led to such significant losses? Is it a win of some kind of whale or is it just that luck suddenly smiled on several players at once? On the one hand, I want to be happy for them, on the other hand, it looks strange. Basically 30 accounts (players wouldn't be an accurate word since the real number is less than 15-20 tho) won prizes depending from their profits and not what they wagered during a week, it is a BTC only competition. Title: Re: Snipie's gambling investment test Post by: KTChampions on December 19, 2020, 11:05:09 PM :( My condolences to you. I do not follow this site, but what kind of promotion was carried out there that led to such significant losses? Is it a win of some kind of whale or is it just that luck suddenly smiled on several players at once? On the one hand, I want to be happy for them, on the other hand, it looks strange. Here is a picture of what it looked like hours before the end. I forgot how it was at the end but I believe there was some changes comparing to what is shown in that pic. Basically 30 accounts (players wouldn't be an accurate word since the real number is less than 15-20 tho) won prizes depending from their profits and not what they wagered during a week, it is a BTC only competition. Wow, the final hours start looking exciting indeed. https://i.imgur.com/0PuuoqL.png Am I not mistaken if I call it some kind of giveaway from the side of the casino at the expense of bankroll (which is also supported by investors)? If so, then it looks as dishonest as possible in relation to investors. I hope I was mistaken in understanding this phenomenon. Title: Re: Snipie's gambling investment test Post by: 2double0 on December 19, 2020, 11:22:10 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic. The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ That is really sad and a lesson learned that we should never invest in a website which uses our money (bankroll) to run a promo on their website and the investors have a high risk of losing their overall investment because of that promo. The company should take the responsibility of these type of promos and should keep investors out of this. By using investor funds, they are playing with their trust. Title: Re: Snipie's gambling investment test Post by: Lanatsa on December 19, 2020, 11:54:37 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic. The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ That is really sad and a lesson learned that we should never invest in a website which uses our money (bankroll) to run a promo on their website and the investors have a high risk of losing their overall investment because of that promo. The company should take the responsibility of these type of promos and should keep investors out of this. By using investor funds, they are playing with their trust. Do you really believe that they would do that? When you are an investor then its automatically considered that you're part of the bankroll. You aren't just part for the profiting side but also with the losing side. This is why it isn't bad to pull off some of your investment when you are in gains but if you don't need much off money for now then recovery is almost guaranteed when you are in side with the house. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on December 20, 2020, 12:26:32 AM That is really sad and a lesson learned that we should never invest in a website which uses our money (bankroll) to run a promo on their website and the investors have a high risk of losing their overall investment because of that promo. The company should take the responsibility of these type of promos and should keep investors out of this. By using investor funds, they are playing with their trust. What's really annoying is that when they re-opened investments they said that investments would be paused during competitions. Because of this statement I was confident that my profit would remain intact regardless of how things turned out and didn't close my investments. Now my lifetime profit is in the negative. is this serious, especially #5? Yes, it's serious. A word of explanation: a paused investment will just be "frozen" - it will retain it's exact value, but will not participate in the bankroll and profits. An investor could still close the investment and cash out anytime. I think this is the only reasonable way to run competitions where we share profits with the players (like: 50% of site profits goes to the prize pool), unless anyone has any other idea? Cheers, Ethan Title: Re: Snipie's gambling investment test Post by: kramchers on December 20, 2020, 05:20:52 AM It seems that you are one of the good gamblers who has a discipline in playing anyway.
And the way you are doing over that gambling site I think its not easy I guess. But I will try to study you methods in terms of investment in gambling Sir, thanks for sharing this one here. Good day! Title: Re: Snipie's gambling investment test Post by: snipie on December 20, 2020, 12:20:25 PM Updated the table and added the changes in the bankroll in the 2nd post of this topic. The reason for this 2nd update in the same week is the dramatic change in the profit which dropped significantly at the end of the Yolodice BTC competition, where players won +BTC10 and the total drop of the site earnings is around BTC6... The currently invested amount dropped with the same number as the losses and the opened investment dropped too. 17 weeks were suppressed, choas :-\ That is really sad and a lesson learned that we should never invest in a website which uses our money (bankroll) to run a promo on their website and the investors have a high risk of losing their overall investment because of that promo. The company should take the responsibility of these type of promos and should keep investors out of this. By using investor funds, they are playing with their trust. Do you really believe that they would do that? When you are an investor then its automatically considered that you're part of the bankroll. You aren't just part for the profiting side but also with the losing side. This is why it isn't bad to pull off some of your investment when you are in gains but if you don't need much off money for now then recovery is almost guaranteed when you are in side with the house. What I blame the site for is as FinneysTrueVision said, our investment should be frozen during this competition, thing that didn't took place this time and what we could argue about and even ask for "refund" since this statement is clearly mentioned in their term. Personally I consider it as a side event that could occur in any investment and people should be aware of. Title: Re: Snipie's gambling investment test Post by: Fredomago on December 20, 2020, 01:28:20 PM @Fredomago, I will try my best to keep it updated, although I am thinking to close it much often than weeks ago. If you think Rest is what you need here ,then Please take some, you can Paused this for a while and maybe do another in the future..Quote I don't see much interactions and people interesting about it, at the opposite, our earnings aren't doing well lately and this competition will freeze our investment for 7 days... So the same thing will be repeated 1 week every 3-4 weeks? This is not good for us... I feel that , reading almost the Whole thread seems None are really serious in Doign or having the same, there are few who shows interests but most of them Did not even make a little Move .I remember You the First time you Posted in @Ytasan's thread from where you been admired ,the next day/s you started your experiment instantly and no more words reached this far now. I believe that you had already did your part and if this not giving you Enjoyment and fun anymore ,So do as what Pleases you ,anyway Congrats How far you come from a simple admiration. Title: Re: Snipie's gambling investment test Post by: KTChampions on December 20, 2020, 04:02:16 PM ~ What I blame the site for is as FinneysTrueVision said, our investment should be frozen during this competition, thing that didn't took place this time and what we could argue about and even ask for "refund" since this statement is clearly mentioned in their term. Personally I consider it as a side event that could occur in any investment and people should be aware of. In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock. Title: Re: Snipie's gambling investment test Post by: snipie on December 20, 2020, 04:36:50 PM ~ What I blame the site for is as FinneysTrueVision said, our investment should be frozen during this competition, thing that didn't took place this time and what we could argue about and even ask for "refund" since this statement is clearly mentioned in their term. Personally I consider it as a side event that could occur in any investment and people should be aware of. In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock. Anyway we will see what will happen in the next one :) Title: Re: Snipie's gambling investment test Post by: KTChampions on December 21, 2020, 07:30:00 AM In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock. Personally I didn't figure out this directly, it took me several hours or maybe 1-2? days to notice it then I asked about it in the chat where they confirmed our investments aren't frozen. Maybe we should alert them about it as soon as possible? Maybe some of the investors are waiting to see their investments rising significantly, thing that didn't happens? Maybe Yolodice is considering this competition as the weekly one where our investments weren't frozen and with a competition of 1 week every 2-3 weeks, investing will become random = frozen time of 1 month per 3 months?Anyway we will see what will happen in the next one :) Please let us know how the situation is developing - I will follow it with great interest. It seems to me that the casino should realize the incorrectness of this approach and fix it (possibly with the payment of compensation to the injured investors). Otherwise, the casino will greatly damage its reputation. Title: Re: Snipie's gambling investment test Post by: RokokGudangGaram on December 21, 2020, 03:18:15 PM I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.
Title: Re: Snipie's gambling investment test Post by: numanoid on December 23, 2020, 02:33:40 AM I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks. If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about itTitle: Re: Snipie's gambling investment test Post by: snipie on December 23, 2020, 12:17:34 PM Updated both tables. No major changes in our profit after the competition.
I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks. If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about itTitle: Re: Snipie's gambling investment test Post by: onrise on December 23, 2020, 03:50:02 PM Updated both tables. No major changes in our profit after the competition. I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks. If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about itThe bitcoin competition which has now ended has actually costs almost 5% of drop in our investment on site as towards the last couple of days of competition some big whales enter the game and luckily also won their bets and resulted in drop in bankroll and in our investment as well. Now its going to take a while to recover since generally nobody goes big with bitcoin in bets and until they lose the returns will not rise. Title: Re: Snipie's gambling investment test Post by: Mahdirakib on December 23, 2020, 04:37:46 PM Updated both tables. No major changes in our profit after the competition. The bitcoin competition which has now ended has actually costs almost 5% of drop in our investment on site as towards the last couple of days of competition some big whales enter the game and luckily also won their bets and resulted in drop in bankroll and in our investment as well. Now its going to take a while to recover since generally nobody goes big with bitcoin in bets and until they lose the returns will not rise.Yeah indeed it requires a lot waiting time and sniping the best opportunity to withdraw. Title: Re: Snipie's gambling investment test Post by: tabas on December 23, 2020, 07:23:42 PM I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks. If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about itThat's why the longer term you'll be in this investment, the better progress you'll get. Title: Re: Snipie's gambling investment test Post by: Mahanton on December 23, 2020, 07:32:09 PM I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks. If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about itThat's why the longer term you'll be in this investment, the better progress you'll get. This would really be a bumpy ride since not all days where house is taking advantage.There are players or whales that can wreck up on sites profits which would really mainly affect investors money. Some said that he should make up some take profit earlier? If you do go for short term duration then you would do that but if op's view will not matter into this current gains or losses then its up to him on when he would make out such decision. Title: Re: Snipie's gambling investment test Post by: tabas on December 24, 2020, 08:50:41 PM Very right. Investing into casinos isn't like investing in crowd fundings that you'll get the most after just a couple of days that it has launched. This investment really requires a lot of patience and first weeks result aren't your best results, expect them to be wavy or even at loss. Wont really be an assurance but somehow you are really on that advantageous side since you are with the house which we know that it do always wins in the end.That's why the longer term you'll be in this investment, the better progress you'll get. This would really be a bumpy ride since not all days where house is taking advantage.There are players or whales that can wreck up on sites profits which would really mainly affect investors money. Some said that he should make up some take profit earlier? If you do go for short term duration then you would do that but if op's view will not matter into this current gains or losses then its up to him on when he would make out such decision. Having huge wins made by whales, that happens for sometimes but not all the time. So if ever there's a whale that have won, you don't have to do anything and let it flow with the losses, as you also take loss with the house. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on December 29, 2020, 10:54:15 PM Till now user have wagered more than 49.8k btc at yolodice. For the 1% house edge we can see the expected profit at investor page. But the actual profit is lower than expected. We know, in the long run house edge always bring back the profit for casino. So there is high possibility that if you guys hold your investment for more longer, it will bring significant amount of profit. I hope ‘snipie’ will hold his investment for long term unless he need the coin urgently. This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two. Title: Re: Snipie's gambling investment test Post by: milewilda on December 29, 2020, 11:39:58 PM Till now user have wagered more than 49.8k btc at yolodice. For the 1% house edge we can see the expected profit at investor page. But the actual profit is lower than expected. We know, in the long run house edge always bring back the profit for casino. So there is high possibility that if you guys hold your investment for more longer, it will bring significant amount of profit. I hope ‘snipie’ will hold his investment for long term unless he need the coin urgently. This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two. but you cant stop other peoples decision if they do stick out with this gambling house options in spite of the ROI that they can potentially gain on without minding much on how long it would takes. Some will be seeing this to be not worth but we know that house do always wins in the end, returns might not be big but if its on a constant manner then that would already be considerable. Its nice to see those greens or gains that had been putted up in op. Title: Re: Snipie's gambling investment test Post by: janggernaut on December 29, 2020, 11:56:21 PM For those people still in the red, profiting in the long term could mean having to wait another year or two. Depends from how big people bet on yolodice. If they keep bet with huge bets and almost all of those bets are loss, that's mean investment can recover much faster than waiting for years. Ethan ever said on chat, when bitcoin investment down years ago, it only took few months to recover back because whale losses 50 btc just in those few monthsTitle: Re: Snipie's gambling investment test Post by: Lorence.xD on December 30, 2020, 06:07:19 AM This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two. I do think about that too but there are gamblers that wouldn't be deterred by the increase in prices, you might call them high rollers. Investing in this gambling site is a good thing because even if most days it is red, the fact that you are still an investor remains and it means that green days will soon be in your hands. Most of the losses that I have seen are not that damaging to the investor, and if you are planning to invest then you have to make sure that you will have an emergency in the case that the profit is not coming in for awhile.Title: Re: Snipie's gambling investment test Post by: snipie on December 30, 2020, 03:58:14 PM Updated the table.
Our profit didn't change a lot this week and the invested amount in the bankroll is at its lowest since weeks. I believe it can be related to people cashing out to profit from the high price. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on December 31, 2020, 03:44:05 AM Depends from how big people bet on yolodice. If they keep bet with huge bets and almost all of those bets are loss, that's mean investment can recover much faster than waiting for years. Ethan ever said on chat, when bitcoin investment down years ago, it only took few months to recover back because whale losses 50 btc just in those few months It is not so easy for that scenario to repeat itself. The max bet profit has been lowered to under 1 BTC and while having it so low can protect investors from large sudden drops it also keeps whales from losing very large amounts over a short period of time. Title: Re: Snipie's gambling investment test Post by: snipie on January 06, 2021, 02:54:05 PM Updated both tables.
Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago! Otherwise our profits are quite stable overall. Title: Re: Snipie's gambling investment test Post by: numanoid on January 08, 2021, 01:54:49 PM Updated both tables. The investment amount would be dropped more as the price keep increasing until now. Most of investors have withdrawn their investment on all coins as i can see it from lower max bet and lower current investment.Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago! Otherwise our profits are quite stable overall. Title: Re: Snipie's gambling investment test Post by: snipie on January 08, 2021, 02:27:50 PM The investment amount would be dropped more as the price keep increasing until now. Most of investors have withdrawn their investment on all coins as i can see it from lower max bet and lower current investment. Yeah almost forgot about max bet but what you said is very accurate, in fact the currently invested amount is 173.70763575 BTC which is 5.4 BTC lower than what used to be 2 days ago!! Title: Re: Snipie's gambling investment test Post by: KTChampions on January 08, 2021, 11:55:09 PM Updated both tables. Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago! Otherwise our profits are quite stable overall. Thanks for the regular update :) It is interesting if a bear market starts, will we see the opposite trend (whether the number of investors and the amount of investments will increase). In fact, this algorithm (withdrawal of investments when the price of the invested asset rises) seems strange to me. It seems to me that when we invest and get a double profit (from the investment and from the increase in the price of the asset) is the best option. Title: Re: Snipie's gambling investment test Post by: snipie on January 09, 2021, 12:08:04 AM Updated both tables. Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago! Otherwise our profits are quite stable overall. Thanks for the regular update :) It is interesting if a bear market starts, will we see the opposite trend (whether the number of investors and the amount of investments will increase). In fact, this algorithm (withdrawal of investments when the price of the invested asset rises) seems strange to me. It seems to me that when we invest and get a double profit (from the investment and from the increase in the price of the asset) is the best option. Right now some people are in hurry to sell their coins for different reasons. Admins might sell some to cover their expenses in site management or for real life things. Other people reached their target ATH and decided it is time to sell. Right now I see a whale grabbing 2 BTC from the site and the currently invested amount is dropping badly to 129.70583037 BTC, I will update the 2nd table tho! Title: Re: Snipie's gambling investment test Post by: snipie on January 13, 2021, 03:31:29 PM Updated the table.
Currently the invested amount is stable but the number of investors and investment is dropping steadily.. The profit recovered a little bit after a drop down to 0.0005 BTC, to stabilise in +0.00065 BTC. The most significant change during this week is obviously the share rate increasing to 0.0099%. Title: Re: Snipie's gambling investment test Post by: Mahdirakib on January 13, 2021, 04:08:50 PM <snip> Overall invested amount have decreased significantly since last week. Nearly 48 btc have been taken out from the invested funds. So the raise of your share rate is logical ;). Now the same amount of profit/loss by gamblers will create more impact in your invested funds than before. I hope you will stay for a long time with your investment without following others.Title: Re: Snipie's gambling investment test Post by: snipie on January 14, 2021, 12:16:04 AM <snip> Overall invested amount have decreased significantly since last week. Nearly 48 btc have been taken out from the invested funds. So the raise of your share rate is logical ;). Now the same amount of profit/loss by gamblers will create more impact in your invested funds than before. I hope you will stay for a long time with your investment without following others.Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on January 14, 2021, 02:30:09 AM <snip> Overall invested amount have decreased significantly since last week. Nearly 48 btc have been taken out from the invested funds. So the raise of your share rate is logical ;). Now the same amount of profit/loss by gamblers will create more impact in your invested funds than before. I hope you will stay for a long time with your investment without following others.The wagering volume for BTC is still really low so the impact has not been so severe on our ROI. We are only continuing to see investments slowly losing profit. Title: Re: Snipie's gambling investment test Post by: snipie on January 20, 2021, 01:13:34 PM Updated both tables.
No big changes as usual. A slightly drop was noted but not that significant in our profits, opened investments and investors number. Title: Re: Snipie's gambling investment test Post by: onrise on January 23, 2021, 03:53:03 PM In coming update you will see some more drop in your profits as couple of days back, somebody was lucky enough to win a BTC. My ROI is now down to -7.5%. the last competition held in btc resulted a huge drop and now only such big whales who can come back and play might help to change the scenario else will be quite stable around this marks only.
Title: Re: Snipie's gambling investment test Post by: snipie on January 23, 2021, 10:17:35 PM In coming update you will see some more drop in your profits as couple of days back, somebody was lucky enough to win a BTC. My ROI is now down to -7.5%. the last competition held in btc resulted a huge drop and now only such big whales who can come back and play might help to change the scenario else will be quite stable around this marks only. Yeah indeed. I noticed it 2 days ago and decided to monitor it before updating the table mid-week.. Unfortunately the drop was quite significant and I am on +0.00047511 btc with 3.8% ROI... Things are getting worse lately and I am afraid from the next competition which is supposed to occur soon? Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on January 24, 2021, 01:55:58 AM In coming update you will see some more drop in your profits as couple of days back, somebody was lucky enough to win a BTC. My ROI is now down to -7.5%. the last competition held in btc resulted a huge drop and now only such big whales who can come back and play might help to change the scenario else will be quite stable around this marks only. Yeah indeed. I noticed it 2 days ago and decided to monitor it before updating the table mid-week.. Unfortunately the drop was quite significant and I am on +0.00047511 btc with 3.8% ROI... Things are getting worse lately and I am afraid from the next competition which is supposed to occur soon? I doubt they would do competitions in BTC back to back. If they do BTC or Doge, which are the coins I'm invested in, I hope it is a 'biggest loser' competition. Some time ago they had a competition and the winners were the players that had the biggest losses. Title: Re: Snipie's gambling investment test Post by: snipie on January 24, 2021, 02:01:39 PM There is some of gambling sites offer an investment to us, so we need to grab this and make a review of what gambling websites is good to invest and comparing the profit that investors get on every gambling sites they made investment so we can choose who is better to put our money. Youlodice is one of the good invesyment gambling that I can recommended to us. A review of them is good indeed. Being a part of the house will make investors win or lose along with the site which makes investment = gambling. Some people prefer to lend their money to the site and get commission instead making their investment secure and increase wherever the site is winning. Dunno if this type of investment is used somewhere but after this quite long run, I feel disappointed by the current concept. Title: Re: Snipie's gambling investment test Post by: Tytanowy Janusz on January 24, 2021, 05:38:02 PM A review of them is good indeed. Being a part of the house will make investors win or lose along with the site which makes investment = gambling. Some people prefer to lend their money to the site and get commission instead making their investment secure and increase wherever the site is winning. Dunno if this type of investment is used somewhere but after this quite long run, I feel disappointed by the current concept. Isn't it because of bitcoin bull run? I mean that rapid bitcoin movements gives investors enough emotions - gambling is not needed. Low volume affect the final result to be more exposed to extreme cases (like whale gambler). Are there any statistic about volume on yolodice? Did it drop significant? Title: Re: Snipie's gambling investment test Post by: snipie on January 24, 2021, 05:57:38 PM A review of them is good indeed. Being a part of the house will make investors win or lose along with the site which makes investment = gambling. Some people prefer to lend their money to the site and get commission instead making their investment secure and increase wherever the site is winning. Dunno if this type of investment is used somewhere but after this quite long run, I feel disappointed by the current concept. Isn't it because of bitcoin bull run? I mean that rapid bitcoin movements gives investors enough emotions - gambling is not needed. Low volume affect the final result to be more exposed to extreme cases (like whale gambler). Are there any statistic about volume on yolodice? Did it drop significant? Title: Re: Snipie's gambling investment test Post by: snipie on January 27, 2021, 03:19:06 PM Updated the table.
Obviously the negative downtrend is continuing. A late spike due to someone losing 1 coin made the drop look less intense than what I used to see earlier (BTC0.0004). Waiting for the upcoming contest to see if it will nullify my profit or save the ~"half year". Title: Re: Snipie's gambling investment test Post by: snipie on February 03, 2021, 01:32:43 PM Updated both tables.
After 8 months of investing, the ROI is +4.5% (with a maximum of +13.2%). My BTC share passed 0.01% for the first time along with recording the lowest volume (currently invested) and the lowest opened investments + investors since many months. However if we compare the currently invested amount in USD to what used to be then the difference will be even positive. Title: Re: Snipie's gambling investment test Post by: snipie on February 10, 2021, 10:05:06 AM Weekly update for both tables. There is a tiny increase in the profit and the share while the currently invested amount is dropping steadily.
Considering the amount I started with BTC0.0123/$121.7 and the actual one BTC0.01287396/$600.6 then the total profit is currently $478.9 thanks to the ATH of BTC/$, which makes the ROI in $= ~500% vs 4.6% in BTC. The real investment is bitcoin :) Title: Re: Snipie's gambling investment test Post by: janggernaut on February 10, 2021, 11:45:15 AM Many people have divested their bitcoin & dogecoin from yolodice since price pumping recently. Whales also seems scared to bet big before pump happened, they are prefer to keep/hold or even sell some from their coins because we have reached new ATH for both coins.
Since your investment is mostly growing because of bitcoin price skyrocketed (based on $) , do you think this is the best time to divest and sell your coin, OP? Title: Re: Snipie's gambling investment test Post by: peter0425 on February 10, 2021, 12:00:23 PM Weekly update for both tables. There is a tiny increase in the profit and the share while the currently invested amount is dropping steadily. You started the thread back in June 2020 when the price of Bitcoin is still ranging from 9,000$ - 9,500$ meaning with the Hype that happens your profit runs to almost 500$ ? but if the bull did not go this far then your profit would be around 100$ or a little high?Considering the amount I started with BTC0.0123/$121.7 and the actual one BTC0.01287396/$600.6 then the total profit is currently $478.9 thanks to the ATH of BTC/$, which makes the ROI in $= ~500% vs 4.6% in BTC. The real investment is bitcoin :) well that's too small considering that your investment has been running for more than half a year. But as long as you are enjoying then Yeah continue the flame mate, and Goodluck . Title: Re: Snipie's gambling investment test Post by: snipie on February 10, 2021, 02:03:41 PM You started the thread back in June 2020 when the price of Bitcoin is still ranging from 9,000$ - 9,500$ meaning with the Hype that happens your profit runs to almost 500$ ? but if the bull did not go this far then your profit would be around 100$ or a little high? Thanks, that's why I said that the real investment is bitcoin ;)well that's too small considering that your investment has been running for more than half a year. But as long as you are enjoying then Yeah continue the flame mate, and Goodluck . Many people have divested their bitcoin & dogecoin from yolodice since price pumping recently. Whales also seems scared to bet big before pump happened, they are prefer to keep/hold or even sell some from their coins because we have reached new ATH for both coins. Yeah true many divested their coins, I assume the house did this too for cash.Since your investment is mostly growing because of bitcoin price skyrocketed (based on $) , do you think this is the best time to divest and sell your coin, OP? For divesting, I prefer to keep running this experience as long as possible until my profit turns red (or almost) or when I could no longer keep it updated. For the price I still believe that bitcoin could skyrocket more and more :) Title: Re: Snipie's gambling investment test Post by: snipie on February 17, 2021, 03:17:39 PM Update both tables.
Profit are quite stable from a month around 55k +/- 2k satoshi most of the time. The currently invested amount is dropping continuously reaching 46% of the max amount that I was able to record. Title: Re: Snipie's gambling investment test Post by: KTChampions on February 17, 2021, 11:17:29 PM Update both tables. Profit are quite stable from a month around 55k +/- 2k satoshi most of the time. The currently invested amount is dropping continuously reaching 46% of the max amount that I was able to record. It is quite interesting to observe how with each growth wave the amount of investment continues to decrease. Are investors really trying to lock in profits from rising prices or are they no longer trusting casinos? Illogical behavior in my opinion. Title: Re: Snipie's gambling investment test Post by: snipie on February 18, 2021, 01:30:58 PM It is quite interesting to observe how with each growth wave the amount of investment continues to decrease. Are investors really trying to lock in profits from rising prices or are they no longer trusting casinos? Illogical behavior in my opinion. I have no clue for real, only speculation about people cashing out their funds to avoid losses or maybe to convert it to FIAT / other cryptocurrencies. Anyway between yesterday and today there was another drop of 1 BTC and the profit is 42k satoshi currently... Title: Re: Snipie's gambling investment test Post by: KTChampions on February 18, 2021, 08:17:16 PM It is quite interesting to observe how with each growth wave the amount of investment continues to decrease. Are investors really trying to lock in profits from rising prices or are they no longer trusting casinos? Illogical behavior in my opinion. I have no clue for real, only speculation about people cashing out their funds to avoid losses or maybe to convert it to FIAT / other cryptocurrencies. Anyway between yesterday and today there was another drop of 1 BTC and the profit is 42k satoshi currently... It would be logical for me to invest an asset that is growing and exit from an asset that is falling. But maybe in this case, when bitcoin grows, its growth rate is so much higher than the return on investment that investors cease to consider it significant. In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. Title: Re: Snipie's gambling investment test Post by: snipie on February 19, 2021, 10:10:18 AM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Title: Re: Snipie's gambling investment test Post by: Saint-loup on February 20, 2021, 11:50:56 PM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Do you think there are some risks to not being able to withdraw your investment without losses? Title: Re: Snipie's gambling investment test Post by: janggernaut on February 21, 2021, 04:57:05 AM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Do you think there are some risks to not being able to withdraw your investment without losses? You can withdraw (divest) your investment anytime you want without delution fee on Yolodice. Title: Re: Snipie's gambling investment test Post by: snipie on February 21, 2021, 10:39:17 AM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Do you think there are some risks to not being able to withdraw your investment without losses? You can withdraw (divest) your investment anytime you want without delution fee on Yolodice. I will try to update the table daily until February 28, 2021 or when I decide to close. Edit: update both tables. Title: Re: Snipie's gambling investment test Post by: Saint-loup on February 21, 2021, 11:38:39 AM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Do you think there are some risks to not being able to withdraw your investment without losses? You can withdraw (divest) your investment anytime you want without delution fee on Yolodice. I will try to update the table daily until February 28, 2021 or when I decide to close. Edit: update both tables. Then I don't understand why some members like arisatox are complaining on the Yolodice thread about losing large amounts of money :-\ i really wish this wasnt true. i stuck in the site because i hoped that my investments would at least go back to what they were. instead, it is shutting down and i am minus on all 3 investments -0.214 btc -1.476 ltc -98,889 doge this is the worst investment i have ever made and now that it is disappearing it is just a loss meanwhile the site has made for the owners +430.917 btc +6,946 ltc +109,684,179 doge +4,305 eth so they have made tons of commission while a lot of us lost a lot of our investments. if we were still on the old method of profit sharing i think we would actually be ahead instead of so negative. our investments pretty much just went into the hands of the site owners at todays prices the site has made the owners $41 million just since going to the new model if we include eth totals in there Title: Re: Snipie's gambling investment test Post by: snipie on February 21, 2021, 11:54:36 AM -snip- Yeah I saw it and I am not sure about his BTC amount, I think he missed a zero or two.It depends when he joined the race, if you check the first table, people who joined after week 16 are most likely to be in loss. Worst, those who joined after week 20 are in bigger losses. For example, in week 28, I personally lost less than half my earnings in just 2 days.. If he invested a bigger amount then he might suffered a bigger loss. I stayed positive thanks to week 12-16 gains when Mr X lost a huge number of BTC while gambling, otherwise I would definitely be red. Right now I admit it is risky to stay and I might regret not withdrawing earlier. I want to see how things will be in the next coming days. I might ofc close it if I panic at any moment :) Title: Re: Snipie's gambling investment test Post by: KTChampions on February 21, 2021, 01:12:43 PM Then I don't understand why some members like arisatox are complaining on the Yolodice thread about losing large amounts of money :-\ i really wish this wasnt true. i stuck in the site because i hoped that my investments would at least go back to what they were. instead, it is shutting down and i am minus on all 3 investments -0.214 btc -1.476 ltc -98,889 doge ~ I think the reasons for his indignation are obvious. We all know that the casino always wins at a distance. the more the bets, the more the casino will win, this is a strict mathematics that cannot be somehow bypassed. And after a person plays on the side of the casino and receives losses on all investments, what other emotions can he experience. In general, all this makes me very suspicious of the honesty of these investment projects. Title: Re: Snipie's gambling investment test Post by: janggernaut on February 21, 2021, 02:27:30 PM Well done! You seem to still be able to exit your funds without being at loss and even being positive :) If you ever made an investment on any gambling site, you should know the answer. The reason only because he is unlucky because when he invested his money, whale won a lot and then it affected his investment goes negative and also site decided to close while his investment still hasn't recovered. That's one of risk to invest our money on a gambling site and he never ready for it. He has thought like this " gambling site will always win, so if i invest my money, i will surely ended up profit"Then I don't understand why some members like arisatox are complaining on the Yolodice thread about losing large amounts of money :-\ Title: Re: Snipie's gambling investment test Post by: Saint-loup on February 21, 2021, 04:54:19 PM Yeah I saw it and I am not sure about his BTC amount, I think he missed a zero or two. Unfortunately he doesn't seem to have miss one zero, he just confirmed a loss of 17k $ :-[-snip In general, all this makes me very suspicious of the honesty of these investment projects. Investing in the crypto gambling site is too risky because we never know how high the coins will increase. You seem to be right, it may be the reason why some big casinos like Stake are not offering these kind of investments... Maybe they think it's too risky for the investors and they don't want to be seen as bad actors. :-\Title: Re: Snipie's gambling investment test Post by: KTChampions on February 21, 2021, 10:09:00 PM In general, all this makes me very suspicious of the honesty of these investment projects. Investing in the crypto gambling site is too risky because we never know how high the coins will increase. You seem to be right, it may be the reason why some big casinos like Stake are not offering these kind of investments... Maybe they think it's too risky for the investors and they don't want to be seen as bad actors. :-\If the investment is received honestly, then it makes no difference how much the coin grows. 1 bitcoin is always one bitcoin. But if the owners of the project are not honest, then this really starts to matter - greed will not allow them to return the coins that have risen in price. And as I see, project owners have different strategies for "squeezing" investments - firstly, how to check the whale was lucky or the casino owner himself "won" from the investors? Secondly, read how snipie lost a significant share of his profits (this can be seen on about 19 page). Title: Re: Snipie's gambling investment test Post by: ethereumhunter on February 22, 2021, 04:30:15 AM Investing in the crypto gambling site is too risky because we never know how high the coins will increase. You seem to be right, it may be the reason why some big casinos like Stake are not offering these kind of investments... Maybe they think it's too risky for the investors and they don't want to be seen as bad actors. :-\In general, all this makes me very suspicious of the honesty of these investment projects. Investing in the crypto gambling site is too risky because we never know how high the coins will increase. You seem to be right, it may be the reason why some big casinos like Stake are not offering these kind of investments... Maybe they think it's too risky for the investors and they don't want to be seen as bad actors. :-\If the investment is received honestly, then it makes no difference how much the coin grows. 1 bitcoin is always one bitcoin. But if the owners of the project are not honest, then this really starts to matter - greed will not allow them to return the coins that have risen in price. And as I see, project owners have different strategies for "squeezing" investments - firstly, how to check the whale was lucky or the casino owner himself "won" from the investors? Secondly, read how snipie lost a significant share of his profits (this can be seen on about 19 page). Title: Re: Snipie's gambling investment test Post by: peter0425 on February 22, 2021, 09:21:46 AM In any case, I see that your share has reached an all-time high - 0.011155%, I hope this will increase your earnings. And it is rising constantly apparently!I updated both tables again since there is a huge change especially in the invested amount which dropped by 11 BTC in just 2 days. 10 of those BTC were retracted by investors! Do you think there are some risks to not being able to withdraw your investment without losses? You can withdraw (divest) your investment anytime you want without delution fee on Yolodice. I will try to update the table daily until February 28, 2021 or when I decide to close. Edit: update both tables. Title: Re: Snipie's gambling investment test Post by: snipie on February 22, 2021, 02:48:04 PM You only have short time to take out your investment mate hope you'll make it in time , as the decision of Ethan and Scott seems to be fixed and won't be changed . Yeah not much time left + bankroll getting smaller everyday so higher share + some whales are trying their last shots, today a guy won +1.5 BTC for example SO I decided to close my investment.Thanks everyone for following this topic for months, we have, as investors, very good moments and sad ones. My conclusions after this mid term experience are : investing doesn't equal winning all the time, do not invest more than what you afford to lose and you have to study a bit the service to minimise the risk. I will try to monitor and update the second table to see the shrinkage of the bankroll. Good luck everyone :) Edit: adding the last photos https://i.imgur.com/PuTBeST.jpg https://i.imgur.com/dY1BMFs.jpg Title: Re: Snipie's gambling investment test Post by: uneng on February 22, 2021, 06:12:02 PM Congratulations on your test and thanks for sharing it with the public. Some time ago I thought about investing at YoloDice, but I saw they *ate* 2% of the initial investment at the beginning, so I realized it could be a wrong move while bitcoin was moving up so fast. Sadly YoloDice is going to close and I don't see another bankroll casino investment option besides Bitvest, but it would be interesting to see this kind of public investment still going on this year in another casino.
Title: Re: Snipie's gambling investment test Post by: KTChampions on February 22, 2021, 08:20:29 PM Yeah not much time left + bankroll getting smaller everyday so higher share + some whales are trying their last shots, today a guy won +1.5 BTC for example SO I decided to close my investment. [1] Thanks everyone for following this topic for months, we have, as investors, very good moments and sad ones. My conclusions after this mid term experience are : investing doesn't equal winning all the time, do not invest more than what you afford to lose and you have to study a bit the service to minimise the risk. I will try to monitor and update the second table to see the shrinkage of the bankroll. Good luck everyone :) [2] Edit: adding the last photos https://i.imgur.com/PuTBeST.jpg https://i.imgur.com/dY1BMFs.jpg 1.) How does it work in general lol? I do not remember the news that some whale lost that kind of money. I am becoming more and more suspicious ... 2.) Thank you very much for this thread, I followed it with interest and I can say that it is very valuable for everyone who is interested in this topic because it gives real information with all the hidden problems and surprises. Title: Re: Snipie's gambling investment test Post by: tabas on February 22, 2021, 11:51:36 PM -snip- Thank you for sharing your investments too snipie. That's experience of yours is helpful for those who wants to invest into a casino bankroll. Your experience will give them an idea how it looks like to invest on them without expecting them a lot and it won't surprise them, in negative and positive way. Title: Re: Snipie's gambling investment test Post by: FinneysTrueVision on February 23, 2021, 03:28:02 AM This was a really interesting experiment. Once the wagering volume started going down it did not seem like it was worth remaining a part of the bankroll. I feel bad for investors who lost the majority of their investment. People have compared this to investing in an unprofitable company that decided to shut down. If YOLOdice was more like a company then I think a change in leadership might have been more appropriate rather than leaving investors holding the bag. Unfortunately, with gambling there is a lot of anonymity involved and you can't just change ownership suddenly to someone that has no reputation.
Title: Re: Snipie's gambling investment test Post by: peter0425 on February 23, 2021, 12:15:10 PM You only have short time to take out your investment mate hope you'll make it in time , as the decision of Ethan and Scott seems to be fixed and won't be changed . Yeah not much time left + bankroll getting smaller everyday so higher share + some whales are trying their last shots, today a guy won +1.5 BTC for example SO I decided to close my investment.Quote Thanks everyone for following this topic for months, we have, as investors, very good moments and sad ones. Quote final record and the end has come .Title: Re: Snipie's gambling investment test Post by: onrise on February 23, 2021, 12:54:32 PM Good to see that atleast you did not end up in a loss, because know that in between some whale made a huge btc win but probably was setoff after the same person or other lost in few days. Probably now few last times people are trying their luck and playing with big multiplier due to which some lucky ones are making it big. But on other hand investors funds are sinking with the win of the big whales.
Thanks for the constantly updating each week rigorously. Title: Re: Snipie's gambling investment test Post by: janggernaut on February 23, 2021, 02:28:35 PM If you didn't closed the investment, you could be in loss right now because bankroll keep smaller due to people panic selling and also want move their money to somewhere else.
Thanks for all informations you have updated until now, snipie Title: Re: Snipie's gambling investment test Post by: snipie on February 23, 2021, 04:05:30 PM Yeah not much time left + bankroll getting smaller everyday so higher share + some whales are trying their last shots, today a guy won +1.5 BTC for example SO I decided to close my investment. [1] 1.) How does it work in general lol? I do not remember the news that some whale lost that kind of money. I am becoming more and more suspicious ... If you didn't closed the investment, you could be in loss right now because bankroll keep smaller due to people panic selling and also want move their money to somewhere else. True, with the 2 deep in the chart I would definitely turn negative by now.Thanks for all informations you have updated until now, snipie Thanks everyone for your kind words :) Table 2 updated. 5 days left. Title: Re: Snipie's gambling investment test Post by: michellee on February 24, 2021, 08:32:57 AM From your image, I see you made much investment in LTC and Dogecoin. I see that you get a nice profit from the investment, but unfortunately, that will not give you the profit since Yolodice wants to close their site. That is sad news to the investor, a gambler and the participants. But we can not say anything because I think Ethan has another reason that we do not know. At least, you can satisfy with your investment in the end.
Title: Re: Snipie's gambling investment test Post by: carlisle1 on February 24, 2021, 09:16:06 AM Now this is really confirmed as ethan_nx finally closed the Signature campaign for YoloDice
Thanks you so much for these 4 years, it's been a great campaign. YOLOdice would not be the same without YOU! Special thanks to Moglie for running the campaign. And perhaps see you next time!!! This means anytime now the thread will be locked and everyone needs to move on .Cheers, Ethan I have watched this thread from the beginning and i Want to congratulate OP for the great venture, though this proves that Investing in Gambling sites are not profitable that much . This may serve as example and basis for those who are looking for same kind of investing. Title: Re: Snipie's gambling investment test Post by: snipie on February 24, 2021, 03:23:24 PM From your image, I see you made much investment in LTC and Dogecoin. I see that you get a nice profit from the investment, but unfortunately, that will not give you the profit since Yolodice wants to close their site. That is sad news to the investor, a gambler and the participants. But we can not say anything because I think Ethan has another reason that we do not know. At least, you can satisfy with your investment in the end. I talked a little in page 3 and so, about these investments but most of it was only for few days ;)Now this is really confirmed as ethan_nx finally closed the Signature campaign for YoloDice Yeah Ethan already announced that the campaign is no longer in from the previous week. Many participants kept the signature for the moment but we will end by removing it since the service will no longer be available unfortunately. Thanks you so much for these 4 years, it's been a great campaign. YOLOdice would not be the same without YOU! Special thanks to Moglie for running the campaign. And perhaps see you next time!!! This means anytime now the thread will be locked and everyone needs to move on .Cheers, Ethan I have watched this thread from the beginning and i Want to congratulate OP for the great venture, though this proves that Investing in Gambling sites are not profitable that much . This may serve as example and basis for those who are looking for same kind of investing. The invested amount kept dropping but slowly. 4 days left Title: Re: Snipie's gambling investment test Post by: KTChampions on February 25, 2021, 09:59:00 PM 1.) How does it work in general lol? I do not remember the news that some whale lost that kind of money. I am becoming more and more suspicious ... I know at least one who joined recently (The_Last_Hunt) and made +1.9 BTC. In the chart you can find recent up and down which is very bad for investors since they won't recover what they lost when up = down, they need a bigger profit to recover any deep.I would be more pleased if you said that there are also examples of those who joined and immediately lost 1.5-2 bitcoins ) I don’t want to be a conspiracy theorist, but these new players ripping off huge winnings is not an argument in favor of "everything looks normal, it should be." Sorry for the offtopic, I'm finishing this delicate topic. Title: Re: Snipie's gambling investment test Post by: snipie on February 26, 2021, 01:30:12 PM I would be more pleased if you said that there are also examples of those who joined and immediately lost 1.5-2 bitcoins ) Gotcha. Honestly people are more attracted to who win big rather who loses. However, I reported previously here, who I called "Mr X", the guy who lost twice more than 25 BTC. You can find in the chat some people with stats enabled, so you can have an idea about their earnings. Recently, I believe there wasn't anyone betting big so I don't remember seeing +0.5 - 1 BTC losses. I don’t want to be a conspiracy theorist, but these new players ripping off huge winnings is not an argument in favor of "everything looks normal, it should be." Sorry for the offtopic, I'm finishing this delicate topic. Updated the 2nd table. Title: Re: Snipie's gambling investment test Post by: KTChampions on February 26, 2021, 08:20:35 PM I would be more pleased if you said that there are also examples of those who joined and immediately lost 1.5-2 bitcoins ) Gotcha. Honestly people are more attracted to who win big rather who loses. However, I reported previously here, who I called "Mr X", the guy who lost twice more than 25 BTC. You can find in the chat some people with stats enabled, so you can have an idea about their earnings. Recently, I believe there wasn't anyone betting big so I don't remember seeing +0.5 - 1 BTC losses. I don’t want to be a conspiracy theorist, but these new players ripping off huge winnings is not an argument in favor of "everything looks normal, it should be." Sorry for the offtopic, I'm finishing this delicate topic. Updated the 2nd table. Wow, it hurts me even to think about such amounts. On the other hand, one must think that since he risked such money, he could afford it. Yes, I looked through many profiles with open statistics and everywhere I saw significant losses if the number of bets was more or less large. This is why it has always been surprising to me to read that casinos (and investors) lose profits to someone's big wins. Title: Re: Snipie's gambling investment test Post by: snipie on February 27, 2021, 03:21:35 PM Wow, it hurts me even to think about such amounts. On the other hand, one must think that since he risked such money, he could afford it. Yeah that guy is rich for sure and I asked him once how he could digest such losses and he told me he is winning in another casino.Yes, I looked through many profiles with open statistics and everywhere I saw significant losses if the number of bets was more or less large. This is why it has always been surprising to me to read that casinos (and investors) lose profits to someone's big wins. The algorithm used isn't good for investors since you can't recover what you lost when someone loses the same amount when gambling. Since I am updating table 2 everyday now, It is interesting to see that the invested amount is stable in 4 days with only 2 days left for closure! Title: Re: Snipie's gambling investment test Post by: janggernaut on February 27, 2021, 09:34:49 PM So, today is the last day for Yolodice operating, isn't it? After today, site won't accept any deposit again and they just give the time to their investor withdraw their money.
Snipie, do you have a plan to run another investment on another gambling site? Title: Re: Snipie's gambling investment test Post by: KTChampions on February 27, 2021, 09:45:10 PM Wow, it hurts me even to think about such amounts. On the other hand, one must think that since he risked such money, he could afford it. Yeah that guy is rich for sure and I asked him once how he could digest such losses and he told me he is winning in another casino.Yes, I looked through many profiles with open statistics and everywhere I saw significant losses if the number of bets was more or less large. This is why it has always been surprising to me to read that casinos (and investors) lose profits to someone's big wins. The algorithm used isn't good for investors since you can't recover what you lost when someone loses the same amount when gambling. Since I am updating table 2 everyday now, It is interesting to see that the invested amount is stable in 4 days with only 2 days left for closure! What's so surprising about that? Investors do not lose anything if I understood everything correctly? Apparently they will be given time to inform the address to which they will have to receive their investments. Any business after the closure gives time to resolve such issues. I admit that some of the (small) investors have completely forgotten about their investments. This often happens. I have an online store and about every 500th customer makes a purchase but does not pick up their product ;D ~ Snipie, do you have a plan to run another investment on another gambling site? I think that those who have studied such topics on the forum have no desire to make such investments, and especially continue it ;) Title: Re: Snipie's gambling investment test Post by: tabas on February 28, 2021, 09:53:49 AM So, today is the last day for Yolodice operating, isn't it? After today, site won't accept any deposit again and they just give the time to their investor withdraw their money. Just add one more day and it's today which is their last day. Withdrawals are allowed until March 15.It is indicated on their website. Title: Re: Snipie's gambling investment test Post by: snipie on February 28, 2021, 10:12:11 AM So, today is the last day for Yolodice operating, isn't it? After today, site won't accept any deposit again and they just give the time to their investor withdraw their money. Just add one more day and it's today which is their last day. Withdrawals are allowed until March 15.It is indicated on their website. ~ Snipie, do you have a plan to run another investment on another gambling site? I think that those who have studied such topics on the forum have no desire to make such investments, and especially continue it ;) I updated table 2 and still have many questions about the stable invested amount. Although 7 people closed 10 investments, the number is still the same in the last 5 days, weird. Whether part of those people aren't aware of what's going on in the site or they decided to keep their investments to the last second! Title: Re: Snipie's gambling investment test Post by: janggernaut on February 28, 2021, 12:44:22 PM @snipie, oh thought you gonna do another investment on other site, just like on Bitvest, or Bustabit and Bustadice. But if i were you, i would feel dissapointed with the result after invested in more than 25 weeks with that result ( i know there is a always a risk from investing, doesn't matter where you invest).
Title: Re: Snipie's gambling investment test Post by: snipie on March 01, 2021, 07:41:09 PM @snipie, oh thought you gonna do another investment on other site, just like on Bitvest, or Bustabit and Bustadice. But if i were you, i would feel dissapointed with the result after invested in more than 25 weeks with that result ( i know there is a always a risk from investing, doesn't matter where you invest). I invested the required time for a women to have a baby ;DAnd at the opposite of having babies, I don't need more stressing event for a while ;) I updated table 2 and as you can see, the currently invested is almost nullified after many people retracted their money, including admins tho. The site is closed for playing and people can only withdraw their earnings. It is unfortunate to see that :'( Title: Re: Snipie's gambling investment test Post by: snipie on March 04, 2021, 04:26:48 PM The last investments were pulled from the site finally and here is what it looks like all the four investment (ETH wasn't public).
https://i.imgur.com/S1j3mGv.png It is officially the end. Screenshot for the record. Title: Re: Snipie's gambling investment test Post by: snipie on March 05, 2021, 04:39:29 PM Thank You for the final screenshot and how the overall investment returns over the months you had being posting on week basis. Overall, for me too LTC and btc were ended in the negative range and can’t do much as in the end had to close it on the loss basis only. But overall had a fun and good time too but dint had that good luck to win either while playing dice. Thanks. It is unfortunate that you end with a negative balance :'(For LTC, I doubt there is a single person finishing with a single litoshi up. For BTC, it wasn't performing good since weeks so unless investing early, the reward will also be negative. I think things are clear for us now and we are aware more than anytime that the house isn't all the time winning. Title: Re: Snipie's gambling investment test Post by: uneng on March 05, 2021, 10:38:33 PM Are you going to continue your bankroll investment test in another crypto currency casino from now on since YoloDice is over, or is it the end of the experiment?
Title: Re: Snipie's gambling investment test Post by: KTChampions on March 05, 2021, 10:59:22 PM Are you going to continue your bankroll investment test in another crypto currency casino from now on since YoloDice is over, or is it the end of the experiment? The answer to your question is contained in the previous pages. And it would be useful for you to study the whole topic since you are interested in this area. In general, I find such topics very useful and it would be nice if the links to them were fixed somewhere. I think if people saw the actual state of affairs in such investments, then there would be fewer investors and perhaps casinos would improve their conditions for investors. Title: Re: Snipie's gambling investment test Post by: tabas on March 05, 2021, 11:44:58 PM Are you going to continue your bankroll investment test in another crypto currency casino from now on since YoloDice is over, or is it the end of the experiment? He has already answered this question which has been asked by janggernaut.I have no plan to open new investment after this one, I am a bit unsatisfied with the revenue. It is much below my expectation :) I don't need more stressing event for a while ;) Title: Re: Snipie's gambling investment test Post by: uneng on March 06, 2021, 12:25:04 AM Are you going to continue your bankroll investment test in another crypto currency casino from now on since YoloDice is over, or is it the end of the experiment? The answer to your question is contained in the previous pages. And it would be useful for you to study the whole topic since you are interested in this area. In general, I find such topics very useful and it would be nice if the links to them were fixed somewhere. I think if people saw the actual state of affairs in such investments, then there would be fewer investors and perhaps casinos would improve their conditions for investors. Are you going to continue your bankroll investment test in another crypto currency casino from now on since YoloDice is over, or is it the end of the experiment? He has already answered this question which has been asked by janggernaut.I have no plan to open new investment after this one, I am a bit unsatisfied with the revenue. It is much below my expectation :) I don't need more stressing event for a while ;) I also have interest on this area, but without another investors sharing their experiences it's really risky to try these sites. I searched about more experiments like this on google and found one from years ago, but it's already too outdated. Anyway the author revealed his investment in Bitvest (one of the currently active options for investment) was negative for a long time already so he was going to finish it. On the other hand investments in sites such as Crypto Games and Safedice were very profitable, unfortunatelly these days Crypto Games is closed for investments and I think Safedice was shut down. Besides Bitvest it seems currently options are Bustabit and Bustadice. However it's a shot in the dark for me. Title: Re: Snipie's gambling investment test Post by: janggernaut on March 06, 2021, 04:03:47 AM For LTC, I doubt there is a single person finishing with a single litoshi up. Title: Re: Snipie's gambling investment test Post by: rodskee on March 06, 2021, 12:47:59 PM The last investments were pulled from the site finally and here is what it looks like all the four investment (ETH wasn't public). I have followed your thread since Day one but not enough for me to Invest in gambling site specially in this YoloDice offers.https://i.imgur.com/S1j3mGv.png It is officially the end. Screenshot for the record. it is not because i don't trust them or i don't believe in this investment but for me it is just a waste of time and effort and in the end you will not earn good. If i were to choose ? i would rather risk in daytrading at least i can see clearly the outcome of my decision ASAP and not a waiting but harder to assure . Anyway the End is here , and Farewell YD, hope to see you back in New form and Design . Title: Re: Snipie's gambling investment test Post by: snipie on March 06, 2021, 04:47:35 PM If i were to choose ? i would rather risk in daytrading at least i can see clearly the outcome of my decision ASAP and not a waiting but harder to assure . I respect your choice. When I invested in the first time, I was confident that the house will win most of the time at least but over weeks, my initial idea has changed 180°.For LTC, I doubt there is a single person finishing with a single litoshi up. Title: Re: Snipie's gambling investment test Post by: tabas on March 06, 2021, 09:13:53 PM Thanks, I wasn't aware about this information on the last page, but got it now. It is an investment to different bankrolls and they are in different status. Before you go on it, make sure that you are patient enough as with the shared results and experience of snipie, you'll get an idea how it's like to invest into a casino's bankroll.I also have interest on this area, but without another investors sharing their experiences it's really risky to try these sites. I searched about more experiments like this on google and found one from years ago, but it's already too outdated. Anyway the author revealed his investment in Bitvest (one of the currently active options for investment) was negative for a long time already so he was going to finish it. On the other hand investments in sites such as Crypto Games and Safedice were very profitable, unfortunatelly these days Crypto Games is closed for investments and I think Safedice was shut down. Besides Bitvest it seems currently options are Bustabit and Bustadice. However it's a shot in the dark for me. |
