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Author Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021  (Read 143006 times)
Timetwister
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December 23, 2018, 04:33:53 PM
 #2721

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.

It seems to be 0.29% of the total bankroll, which is a bit weird.
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December 24, 2018, 03:06:31 PM
 #2722

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.

It seems to be 0.29% of the total bankroll, which is a bit weird.
I am fairly sure the Max Profit per bet is based on the REAL bankroll, not the effective one.  Which would make the BTC Max Profit right around 2.5% of the real bankroll.  In a typical casino setting you want the Max Profit to be 1-3% of the real bankroll, so I would assume these were Ethan's thoughts.

I could be remembering this wrong, though, I'll ask him to come clarify so there's no confusion.
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December 24, 2018, 03:12:29 PM
 #2723

Based on leveraged since leverage affects max profit.

It seems to be 0.29% of the total bankroll, which is a bit weird.
I am fairly sure the Max Profit per bet is based on the REAL bankroll, not the effective one.  Which would make the BTC Max Profit right around 2.5% of the real bankroll.  In a typical casino setting you want the Max Profit to be 1-3% of the real bankroll, so I would assume these were Ethan's thoughts.

I could be remembering this wrong, though, I'll ask him to come clarify so there's no confusion.

The answer is listed on the site FAQ. It is the minimum of 0.5% of effective bankroll or 2.5% of "real" bankroll.

Quote
What is the profit limit of a bet?
TL;DR; A single bet cannot win more than 0.5% of effective bankroll or 2.5% of bankroll, whichever is lower.
https://yolodice.com/#faq
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December 24, 2018, 03:14:56 PM
 #2724

Based on leveraged since leverage affects max profit.

It seems to be 0.29% of the total bankroll, which is a bit weird.
I am fairly sure the Max Profit per bet is based on the REAL bankroll, not the effective one.  Which would make the BTC Max Profit right around 2.5% of the real bankroll.  In a typical casino setting you want the Max Profit to be 1-3% of the real bankroll, so I would assume these were Ethan's thoughts.

I could be remembering this wrong, though, I'll ask him to come clarify so there's no confusion.

The answer is listed on the site FAQ. It is the minimum of 0.5% of effective bankroll or 2.5% of "real" bankroll.

Quote
What is the profit limit of a bet?
TL;DR; A single bet cannot win more than 0.5% of effective bankroll or 2.5% of bankroll, whichever is lower.
https://yolodice.com/#faq

Ya I thought it must take effective into account somehow.

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dooglus
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December 24, 2018, 07:57:32 PM
 #2725

The answer is listed on the site FAQ. It is the minimum of 0.5% of effective bankroll or 2.5% of "real" bankroll.

Quote
What is the profit limit of a bet?
TL;DR; A single bet cannot win more than 0.5% of effective bankroll or 2.5% of bankroll, whichever is lower.
https://yolodice.com/#faq

That seems like a mistake. It should just be 0.5% of the effective bankroll. Otherwise if the average leverage is over 5x then everyone ends up less leveraged than they asked to be. A regular unleveraged investor could end up risking way less than the 0.5% of their investment per roll that they wanted to risk.

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December 25, 2018, 11:21:29 AM
 #2726

The answer is listed on the site FAQ. It is the minimum of 0.5% of effective bankroll or 2.5% of "real" bankroll.

Quote
What is the profit limit of a bet?
TL;DR; A single bet cannot win more than 0.5% of effective bankroll or 2.5% of bankroll, whichever is lower.
https://yolodice.com/#faq

That seems like a mistake. It should just be 0.5% of the effective bankroll. Otherwise if the average leverage is over 5x then everyone ends up less leveraged than they asked to be. A regular unleveraged investor could end up risking way less than the 0.5% of their investment per roll that they wanted to risk.
I'll ask Ethan about this as soon as he's online again (after Christmas). Smiley
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December 25, 2018, 12:28:40 PM
 #2727

What was the biggest win / payout?  Huh
B_UN1T
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December 25, 2018, 05:24:36 PM
 #2728

What was the biggest win / payout?  Huh

What coin you are asking?
https://yolodice.com/#stats/scores
Scroll down till end of the list and you find biggest bets on each coin

Use my referral link https://crypto.com/app/x5udjt1lcy to sign up for Crypto.com and we both get $50 USD Smiley
zupdawg
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December 25, 2018, 06:15:36 PM
 #2729

What was the biggest win / payout?  Huh

What coin you are asking?
https://yolodice.com/#stats/scores
Scroll down till end of the list and you find biggest bets on each coin

additionaly, you can find the max profit per bet when you click on each coin in the Play tab. currently for bitcoin it is around 17btc max profit per bet, pretty decent amount if you ask me, some dice site only have around 10btc max profit per bet

 
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.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
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December 26, 2018, 10:38:09 AM
 #2730

What was the biggest win / payout?  Huh

What coin you are asking?
https://yolodice.com/#stats/scores
Scroll down till end of the list and you find biggest bets on each coin

additionaly, you can find the max profit per bet when you click on each coin in the Play tab. currently for bitcoin it is around 17btc max profit per bet, pretty decent amount if you ask me, some dice site only have around 10btc max profit per bet


You can see also top players by profit. There is a person with 39 BTC profit!!
Lol that's amazing

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December 26, 2018, 03:33:00 PM
 #2731

That seems like a mistake. It should just be 0.5% of the effective bankroll. Otherwise if the average leverage is over 5x then everyone ends up less leveraged than they asked to be. A regular unleveraged investor could end up risking way less than the 0.5% of their investment per roll that they wanted to risk.

How is it significant in any way?
as soon as you put the investment in the site you accept to see it lost in case of a lucky run.

And by the way, the average leverage beeing closer to 10 than to 5 saying 0.5% of effective bankroll or 2.5% of real one whichever is lower means it's automatically 2.5% of the real bankroll all the time.

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December 30, 2018, 10:23:36 PM
 #2732

That seems like a mistake. It should just be 0.5% of the effective bankroll. Otherwise if the average leverage is over 5x then everyone ends up less leveraged than they asked to be. A regular unleveraged investor could end up risking way less than the 0.5% of their investment per roll that they wanted to risk.

How is it significant in any way?
as soon as you put the investment in the site you accept to see it lost in case of a lucky run.

And by the way, the average leverage beeing closer to 10 than to 5 saying 0.5% of effective bankroll or 2.5% of real one whichever is lower means it's automatically 2.5% of the real bankroll all the time.

We added "2.5% of the real bankroll" limit quite late once we saw that max per-bet profit sky-rocketing as more and more investments were being opened with x10 leverage. This was obviously to limit variation a bit and keep site profit a bit more predictable.

Still, investments with x10 have exactly ten times larger share in site profit. x1 investments are what they are - you invest your exact amount, without any leverage, and your investment will never be closed due to a loss.

We might limit the actual leverage to x5 max and remove this "2.5%" condition at some point, it would make things a bit easier. But we haven't decided on this yet.

Cheers,
Ethan

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January 01, 2019, 07:58:29 AM
 #2733

site is down fyi.
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January 01, 2019, 09:24:22 AM
 #2734

Why i cant login on site?
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January 01, 2019, 09:36:45 AM
 #2735

Sorry about the connectivity issues earlier today - one of our LetsEncrypt certificates expired and did not renew properly. It's all fixed now. Cheers!

Cheers,
Ethan

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January 01, 2019, 09:36:44 PM
 #2736

Hey everyone!  We'll be doing a bunch of New Years giveaways/rains/trivia in chat at random points during the next 24 hours, so stay tuned and come chat and maybe get some coins! Wink

HAPPY NEW YEAR!!!






[Thanks Ethan and Scott!]
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January 01, 2019, 11:13:44 PM
 #2737

That seems like a mistake. It should just be 0.5% of the effective bankroll. Otherwise if the average leverage is over 5x then everyone ends up less leveraged than they asked to be. A regular unleveraged investor could end up risking way less than the 0.5% of their investment per roll that they wanted to risk.

How is it significant in any way?
as soon as you put the investment in the site you accept to see it lost in case of a lucky run.

Unleveraged investors presumably want to be risking 0.5% of their investment to a max-profit bet. But the 2.5% limit means that doesn't happen. How is that not significant? It means investors are risking less than they expect to, and suffering reduced expected bankroll growth as a result.

Your comment about accepting loss is irrelevant here. It is unrelated to what I was saying.

We added "2.5% of the real bankroll" limit quite late once we saw that max per-bet profit sky-rocketing as more and more investments were being opened with x10 leverage. This was obviously to limit variation a bit and keep site profit a bit more predictable.

"Site profit" doesn't matter. Individual player profits matter, and individual investor profits matter, but the sum of them really doesn't mean anything, not even to the site's collection of commission.

Still, investments with x10 have exactly ten times larger share in site profit. x1 investments are what they are - you invest your exact amount, without any leverage, and your investment will never be closed due to a loss.

Yes, but the 1x investor is expecting to be risking up to 0.5% of their investment per roll, but only getting something like half of that due to the 2.5% limit.

We might limit the actual leverage to x5 max and remove this "2.5%" condition at some point, it would make things a bit easier. But we haven't decided on this yet.

I don't see why you wouldn't simply remove the 2.5% limit. It's not helping anyone: it reduces the maximum bet size for players, makes investors risk less than they signed up for, and reduces the site's expected commissions.

Having said that, it's your site of course, and you're free to run it how you like. I just don't understand.

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January 01, 2019, 11:25:41 PM
 #2738

The new promotions will be interesting to watch.
I wanted to ask, while on the bankroll thing, if you get a percentage bankroll figure that remains fixed, if a lot of the bankroll gets pulled out, does the amount you have go down quite significantly?



A leverage of 1 means youre risking 1/10th of the people on a leverage of 10 I don't think that's a big deal at all because leverage is just the amount of risk you're taking.

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January 02, 2019, 01:58:53 AM
 #2739

The new promotions will be interesting to watch.
I wanted to ask, while on the bankroll thing, if you get a percentage bankroll figure that remains fixed, if a lot of the bankroll gets pulled out, does the amount you have go down quite significantly?



A leverage of 1 means youre risking 1/10th of the people on a leverage of 10 I don't think that's a big deal at all because leverage is just the amount of risk you're taking.
I'm not quite sure what you mean by "a percentage bankroll figure that remains fixed" as nothing remains fixed except for the initial amount you invested and the leverage (unless you change them), everything else is controlled by profits/losses on investment.  If you invest any specific amount, and other people in the same bankroll pull out, your effective % share of the bankroll would go up, not down.  The % of the bankroll you own goes down if other people invest, but only the % changes, not the actual amount you invested (in either case).

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January 02, 2019, 10:43:16 AM
 #2740

Max profit should be equal to the edge (after discounting rakeback, referrals and other promotions, so 0.7% or whatever), and based on the real (deposited) bankroll. Then, you could allow 2x leverage for those that want to let players bet at 2x kelly. More than that is just excessive and forces investors to overleverage as others do the same (or invest in another casino with more reasonable leverage, or no leverage).
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