Bitcoin Forum
July 04, 2020, 06:23:43 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 [136] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 »
  Print  
Author Topic: Re: 🔶 YOLOdice.com 🔶 play&invest, ETH Number Hunt Competition just started!  (Read 131622 times)
YOLO_LIFE
Member
**
Offline Offline

Activity: 159
Merit: 16


View Profile
December 19, 2018, 06:07:02 PM
 #2701

prize pool has increased to 81+ Eth (3x times of actual prize). Smiley Smiley


81.647ETH = 8603.96086000 USD

100% First Deposit Bonus Instant Withdrawals Best Odds 10+ Sports Since 2014 No KYC Asked Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1593843823
Hero Member
*
Offline Offline

Posts: 1593843823

View Profile Personal Message (Offline)

Ignore
1593843823
Reply with quote  #2

1593843823
Report to moderator
ethan_nx
Sr. Member
****
Offline Offline

Activity: 710
Merit: 381


Admin at YOLOdice.com - fast, fair, play/invest.


View Profile WWW
December 20, 2018, 03:49:09 PM
 #2702

... An unmonitored 10% drop (which can happen very fast if there's a big gambler) would wipe out every 1:10 investor. Does the casino really need that?

It would have to be 10% of effective bankroll, not the "deposited bankroll". To wipe x10 investments someone would have to win over 500 BTC now. This is not that likely to happen, even given 17 BTC max profit. IMO the numbers are not that bad.

Do we need such high max profit? Well, I think yes. It's comparable to other dice sites, and it is what players expect. If we wanted a smaller max profit, we'd have never opened the site for investments. We had our initial funding anyway. But I think having clear rules, external investors and transparency helps the project greatly.

After all our profit graph has its ups and downs, but you cannot beat the statistics - the moving average follows "1% of wagered" pretty well.

Cheers,
Ethan

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 20, 2018, 07:16:06 PM
 #2703

... An unmonitored 10% drop (which can happen very fast if there's a big gambler) would wipe out every 1:10 investor. Does the casino really need that?

It would have to be 10% of effective bankroll, not the "deposited bankroll". To wipe x10 investments someone would have to win over 500 BTC now. This is not that likely to happen, even given 17 BTC max profit. IMO the numbers are not that bad.

Do we need such high max profit? Well, I think yes. It's comparable to other dice sites, and it is what players expect. If we wanted a smaller max profit, we'd have never opened the site for investments. We had our initial funding anyway. But I think having clear rules, external investors and transparency helps the project greatly.

After all our profit graph has its ups and downs, but you cannot beat the statistics - the moving average follows "1% of wagered" pretty well.

Cheers,
Ethan

I see that volatility on BTC has been truly low in comparison to the real bankroll ("deposited"). So 1:10 leverage may still make sense if it really increases wagered substantially (otherwise there's no point). However, on other coins, volatility has been much higher, why are you allowing so much leverage there?
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 1792
Merit: 1745


https://bit.ly/387FXHi ← lightning theory


View Profile
December 20, 2018, 07:20:02 PM
 #2704

... An unmonitored 10% drop (which can happen very fast if there's a big gambler) would wipe out every 1:10 investor. Does the casino really need that?

It would have to be 10% of effective bankroll, not the "deposited bankroll". To wipe x10 investments someone would have to win over 500 BTC now. This is not that likely to happen, even given 17 BTC max profit. IMO the numbers are not that bad.

Do we need such high max profit? Well, I think yes. It's comparable to other dice sites, and it is what players expect. If we wanted a smaller max profit, we'd have never opened the site for investments. We had our initial funding anyway. But I think having clear rules, external investors and transparency helps the project greatly.

After all our profit graph has its ups and downs, but you cannot beat the statistics - the moving average follows "1% of wagered" pretty well.

Cheers,
Ethan

I see that volatility on BTC has been truly low in comparison to the real bankroll ("deposited"). So 1:10 leverage may still make sense if it really increases wagered substantially (otherwise there's no point). However, on other coins, volatility has been much higher, why are you allowing so much leverage there?

Litcoin and eth are quite stable. Doge is a fun coin, it shouldn’t really be considered as much as a store of value and more ofma thing you can have because it gets pumped and dumped a lot. It never seems to go below 10 stars per dog or above about 100-150 but a 100% increase is quite a lot. I’m not sure I get the argument, I don’t think the bankroll is all converted to bitcoin and made as one huge pool.

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 20, 2018, 07:24:24 PM
 #2705

... An unmonitored 10% drop (which can happen very fast if there's a big gambler) would wipe out every 1:10 investor. Does the casino really need that?

It would have to be 10% of effective bankroll, not the "deposited bankroll". To wipe x10 investments someone would have to win over 500 BTC now. This is not that likely to happen, even given 17 BTC max profit. IMO the numbers are not that bad.

Do we need such high max profit? Well, I think yes. It's comparable to other dice sites, and it is what players expect. If we wanted a smaller max profit, we'd have never opened the site for investments. We had our initial funding anyway. But I think having clear rules, external investors and transparency helps the project greatly.

After all our profit graph has its ups and downs, but you cannot beat the statistics - the moving average follows "1% of wagered" pretty well.

Cheers,
Ethan

I see that volatility on BTC has been truly low in comparison to the real bankroll ("deposited"). So 1:10 leverage may still make sense if it really increases wagered substantially (otherwise there's no point). However, on other coins, volatility has been much higher, why are you allowing so much leverage there?

Litcoin and eth are quite stable. Doge is a fun coin, it shouldn’t really be considered as much as a store of value and more ofma thing you can have because it gets pumped and dumped a lot. It never seems to go below 10 stars per dog or above about 100-150 but a 100% increase is quite a lot. I’m not sure I get the argument, I don’t think the bankroll is all converted to bitcoin and made as one huge pool.

Although I hate investing with shitcoins (I ended up really burned buying CLAM to invest them at Just-Dice), historical returns at Yolodice on all those 3 are really impressive while using 1:10 leverage. I'm considering investing and trying to decide which currency is the best option. BTC returns are good, but those on shitcoins have been so much better that they would have to drop a lot per year in average to end up being a worse choice than BTC.
BlackRed
Full Member
***
Offline Offline

Activity: 263
Merit: 100


Win 10,000$ Daily - click on sig


View Profile WWW
December 20, 2018, 08:35:02 PM
 #2706

prize pool has increased to 81+ Eth (3x times of actual prize). Smiley Smiley


81.647ETH = 8603.96086000 USD


Delicious

Dice    |    Caraycruz    |    Roulette    |    Multicolor   |   Bounties    |    Lottery    |    Exchange    |    Affiliates
████████████████████ [   B I T S L E R   C A S I N O   ] ████████████████████
★           $50,000 Weekly Wagering Contest           ★          $5,000 Weekly BTSLR Coin Contest           ★
ethan_nx
Sr. Member
****
Offline Offline

Activity: 710
Merit: 381


Admin at YOLOdice.com - fast, fair, play/invest.


View Profile WWW
December 21, 2018, 09:11:06 AM
 #2707

Although I hate investing with shitcoins (I ended up really burned buying CLAM to invest them at Just-Dice), historical returns at Yolodice on all those 3 are really impressive while using 1:10 leverage. I'm considering investing and trying to decide which currency is the best option. BTC returns are good, but those on shitcoins have been so much better that they would have to drop a lot per year in average to end up being a worse choice than BTC.

BTC bankroll is quite large compared to wagered amounts, while LTC and DOGE have lower bankroll/wagered ratio. So indeed, at this point investing in LTC and DOGE makes sense. But you'll have to live with altcoin prices ups-and-downs, which definitely adds some pain :-/

Cheers,
Ethan

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 21, 2018, 09:19:43 AM
 #2708

Although I hate investing with shitcoins (I ended up really burned buying CLAM to invest them at Just-Dice), historical returns at Yolodice on all those 3 are really impressive while using 1:10 leverage. I'm considering investing and trying to decide which currency is the best option. BTC returns are good, but those on shitcoins have been so much better that they would have to drop a lot per year in average to end up being a worse choice than BTC.

BTC bankroll is quite large compared to wagered amounts, while LTC and DOGE have lower bankroll/wagered ratio. So indeed, at this point investing in LTC and DOGE makes sense. But you'll have to live with altcoin prices ups-and-downs, which definitely adds some pain :-/

Cheers,
Ethan

ETH wagered/bankroll has been quite decent too, even better than LTC. From those 3 shitcoins I think the best one is DOGE. It's as useless as the other ones but at least it's funny and doesn't pretend to be better than BTC. It sucks buying DOGE now, though, it has risen considerably lately.
ethan_nx
Sr. Member
****
Offline Offline

Activity: 710
Merit: 381


Admin at YOLOdice.com - fast, fair, play/invest.


View Profile WWW
December 21, 2018, 12:21:45 PM
 #2709

The competition seems to be entering its endgame, and the prize pool is close to 100 ETH.

Anything can happen, but the current situation is:

- To beat the current leader and get to 1st place you need to win 14 ETH. The current 1st prize is over 24 ETH.
- To get to 20th place you need to be winning 0.7 ETH, and the prize for 20th place is 1.45 ETH.

The endgame could change these results, hopefully the prize pool will grow even larger. Good luck to everyone!

https://yolodice.com/#bonus

Cheers,
Ethan

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 21, 2018, 12:42:42 PM
 #2710

The competition seems to be entering its endgame, and the prize pool is close to 100 ETH.

Anything can happen, but the current situation is:

- To beat the current leader and get to 1st place you need to win 14 ETH. The current 1st prize is over 24 ETH.
- To get to 20th place you need to be winning 0.7 ETH, and the prize for 20th place is 1.45 ETH.

The endgame could change these results, hopefully the prize pool will grow even larger. Good luck to everyone!

https://yolodice.com/#bonus

Cheers,
Ethan

Could you please check the message I sent you? It's regarding this competition. Thank you.
ethan_nx
Sr. Member
****
Offline Offline

Activity: 710
Merit: 381


Admin at YOLOdice.com - fast, fair, play/invest.


View Profile WWW
December 21, 2018, 02:56:29 PM
 #2711

Last chance to play, prize pool is 120 ETH now.

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 21, 2018, 03:23:55 PM
 #2712

I lost a 66 ETH 81.41% winning probability bet. It was fun, I liked this promotion. And seeing at the profit during the promotion (higher than expected thanks to me), it seems to be a great promotion for investors.

How often are these competitions run? Can I check somewhere past competitions, to see how much did people profit and how big prizes were?
ethan_nx
Sr. Member
****
Offline Offline

Activity: 710
Merit: 381


Admin at YOLOdice.com - fast, fair, play/invest.


View Profile WWW
December 21, 2018, 03:26:56 PM
 #2713

I lost a 66 ETH 81.41% winning probability bet. It was fun, I liked this promotion. And seeing at the profit during the promotion (higher than expected thanks to me), it seems to be a great promotion for investors.

How often are these competitions run? Can I check somewhere past competitions, to see how much did people profit and how big prizes were?

Check the first post in this topic, it has a list of recent competitions. Some were epic (like ~400 ETH in prizes), and most were fun. We try to run a competition every few weeks. I am also thinking about a "perma-competition" thing, but it's an early idea now.

Cheers,
Ethan

mOgliE
Legendary
*
Offline Offline

Activity: 1204
Merit: 1236



View Profile
December 21, 2018, 03:29:15 PM
 #2714

The competition seems to be entering its endgame, and the prize pool is close to 100 ETH.

Anything can happen, but the current situation is:

- To beat the current leader and get to 1st place you need to win 14 ETH. The current 1st prize is over 24 ETH.
- To get to 20th place you need to be winning 0.7 ETH, and the prize for 20th place is 1.45 ETH.

The endgame could change these results, hopefully the prize pool will grow even larger. Good luck to everyone!

https://yolodice.com/#bonus

Cheers,
Ethan

What's really cool is that in the end of the event betting was actually EV+ for the players.

If you were to bet 1ETH at 49.5%chance of doubling, the prize pool was laaaaaargely compensating the potential loss. The right strategy during the end of this event would have been to bet as much as possible to get on the top of the event. You still had the same chances as usual to win or lose but in case of winning you were winning 3 times your  bet amount and no longer 2 times.

Sadly enough I don't have any ETH so hope this kind of event will come back with BTC Cheesy

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 21, 2018, 03:32:41 PM
 #2715

The competition seems to be entering its endgame, and the prize pool is close to 100 ETH.

Anything can happen, but the current situation is:

- To beat the current leader and get to 1st place you need to win 14 ETH. The current 1st prize is over 24 ETH.
- To get to 20th place you need to be winning 0.7 ETH, and the prize for 20th place is 1.45 ETH.

The endgame could change these results, hopefully the prize pool will grow even larger. Good luck to everyone!

https://yolodice.com/#bonus

Cheers,
Ethan

What's really cool is that in the end of the event betting was actually EV+ for the players.

If you were to bet 1ETH at 49.5%chance of doubling, the prize pool was laaaaaargely compensating the potential loss. The right strategy during the end of this event would have been to bet as much as possible to get on the top of the event. You still had the same chances as usual to win or lose but in case of winning you were winning 3 times your  bet amount and no longer 2 times.

Sadly enough I don't have any ETH so hope this kind of event will come back with BTC Cheesy

I'd expect really crazy volume if this same promotion had been run for BTC (let's say the fixed prize had been 1 BTC instead of 20 ETH).
Kiritsugu
Legendary
*
Offline Offline

Activity: 1534
Merit: 1035



View Profile
December 21, 2018, 08:06:18 PM
 #2716

I lost a 66 ETH 81.41% winning probability bet. It was fun, I liked this promotion. And seeing at the profit during the promotion (higher than expected thanks to me), it seems to be a great promotion for investors.

How often are these competitions run? Can I check somewhere past competitions, to see how much did people profit and how big prizes were?
Since I'm the one that runs them, if you go to my BitcoinTalk profile and then click "show last topics created by this person", it shows you a huge list of all the ones we've run.

Or just click this: https://bitcointalk.org/index.php?action=profile;threads;u=406631;sa=showPosts

Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 23, 2018, 09:27:27 AM
 #2717

Are users allowed to refer themselves? If you combine that with rakeback, the casino edge is quite lower (and potentially even negative during some promotions).
BoXXoB
Legendary
*
Offline Offline

Activity: 1802
Merit: 1042


BitDice


View Profile WWW
December 23, 2018, 09:29:04 AM
 #2718

Are users allowed to refer themselves? If you combine that with rakeback, the casino edge is quite lower (and potentially even negative during some promotions).

It says you aren't allowed to on the site.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
Timetwister
Legendary
*
Offline Offline

Activity: 1103
Merit: 1024


View Profile
December 23, 2018, 10:01:01 AM
 #2719

Are users allowed to refer themselves? If you combine that with rakeback, the casino edge is quite lower (and potentially even negative during some promotions).

It says you aren't allowed to on the site.

OK, that makes sense. I hope people aren't taking advantage of that.

How is max profit calculated, based on the "real" bankroll or the effective (including leverage) one?
BoXXoB
Legendary
*
Offline Offline

Activity: 1802
Merit: 1042


BitDice


View Profile WWW
December 23, 2018, 10:02:37 AM
 #2720

Are users allowed to refer themselves? If you combine that with rakeback, the casino edge is quite lower (and potentially even negative during some promotions).

It says you aren't allowed to on the site.

OK, that makes sense. I hope people aren't taking advantage of that.

How is max profit calculated, based on the "real" bankroll or the effective (including leverage) one?

Based on leveraged since leverage affects max profit.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
Pages: « 1 ... 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 [136] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!