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Author Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021  (Read 143005 times)
ethan_nx
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February 22, 2019, 09:14:55 AM
 #2821

I play on small chances,0.01-0.1, I can't bet at 1000 coins, you don't Have players who you say are abusing the valve, as using the tap drops the level,You just want to force more people to lose increasing minimum bet
Other dice sites also have a delay on smaller bets but the amounts are different. If ethan wants to encourage everyone to lose by increasing their minimum bet he should've set a higher minimum and the delay would be permanent instead of temporary. Using their faucet reduces your xp because you get some xp back once you wager.

As I said, the explanation is simple: handling 500 bets per seconds is not something we can safely sustain in the current setup without affecting performance of the whole YD. It's not that we increased the minimum bet amount, or capped the multiplier, or changed any other rule of the game. We are trying to adjust the delays to balance the game and our servers.

Im not shiller mate! Im talking exactly about what your told that Lotteries have much bigger chance for good win comparing with dice but still people wager a lot of money on dice games and ignoring lotteries..Why? LuckyBlock lottery was called just as an example your know. Sorry for that if it hurt someone Huh Huh
Your post history shows it. A lot of us still play dice because it has one of the lowest house edge. Lotteries doesn't give you a better chance at winning you're against thousands of people and the house edge is very high.

I obviously prefer dice because of:

1. instant result,
2. low house edge,
3. being able to apply different strategies

With a lottery you just play against other players and although the prize pool is often large, the chances to win are not greater than at a dice game. With one I can agree - a lottery can be fun for sure. That's why we are exploring a lottery game too.

Cheers,
Ethan

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February 22, 2019, 09:15:45 AM
 #2822

It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!

2. We raised minimum DOGE and LTC tips to be on par with other coins

The minimum amount of DOGE you can now tip changed from 10 DOGE to 150 DOGE and 0.003 LTC to 0.008 LTC.

I realize DOGE is supposed to be fun, and it's fun indeed to send people small tips for fun. That's why we made min tip in DOGE 15 times smaller than in other coins. We would probably keep it this way if I haven't seen a number of players abuse this to farm faucet :-(

It seems that a lot of changes we keep making is just to make abuse harder, but it sometimes hurts the regular players. Rest assured we keep looking for better and better solution. And most importantly nothing is written in stone - if something doesn't work, we can change it.

Feel free to tell me what you think!

Cheers,
Ethan

Hi Ethan

How about minimum delay on any BTC bet and kick in delays as value of coin decreases, this would encourage play in BTC. although I bet at minimum at times I've still turned over better than 50BTC

Cheers Jon Cheesy

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February 22, 2019, 09:34:22 AM
 #2823

I have one question to ask,,, would the delays affect anyone running more than 1 instance of yolodice, from the same account? For instance, opening 2 windows of Chrome, and both running auto. Would the delays still affect the person?

This is not about cheating, but about some people who want to test 2 different strategies at the same time. I have not actually tried myself but hope to do so soon.




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ethan_nx
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February 22, 2019, 09:45:25 AM
 #2824

I have one question to ask,,, would the delays affect anyone running more than 1 instance of yolodice, from the same account? For instance, opening 2 windows of Chrome, and both running auto. Would the delays still affect the person?

This is not about cheating, but about some people who want to test 2 different strategies at the same time. I have not actually tried myself but hope to do so soon.

If you play on different accounts, it should work fine. Generally playing on a single account from two devices at the same time might result in "bet in progress" error.

Cheers,
Ethan

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February 22, 2019, 10:07:02 AM
 #2825

It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!


Cheers,
Ethan


I had this feeling since a few days that you have change this and now i read it.
I only can say what i think about this (for someone that have done a few million bets at yolo).
Sure security goes first of course but i dont like this delay on bets if i play with a bot like seuntje i want fullspeed!
Just-Dice also have this sh** and i hate it.

Maybe you should handle this like bv. High lvl user have nearly fullspeed on small bets like 1sat to.
This could also be a way yolo can handle this.

Like
Userlevel 0-10 the delay you have now.
Level 10 - 15 the old delay
Level 16+ fullspeed or nearly fullspeed even on small bets

btw this is only a example i dont know the levelstructur(how many user per lvl exist)


Happy betting

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February 22, 2019, 09:03:18 PM
 #2826


We just launched our newest competition!  Do your best to get as much LTC Profit as you can to win some prizes!

https://bitcointalk.org/index.php?topic=5113278.0
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February 23, 2019, 06:50:49 AM
 #2827


Are prizes paid by investors or by the casino?
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February 23, 2019, 08:05:59 AM
Last edit: February 23, 2019, 04:25:41 PM by YOLO_LIFE
 #2828


Are prizes paid by investors or by the casino?


Everything is paid by casino, there is no any special cut from investors coins other than general 35% commission on investors profit.
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February 24, 2019, 03:28:26 AM
 #2829

The total prize pool for the LTC Profit Competition has nearly tripled so far - check out these awesome prize amounts!





https://yolodice.com/#bonus
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February 24, 2019, 03:43:55 AM
Last edit: February 24, 2019, 04:55:49 AM by rdbase
 #2830


Are prizes paid by investors or by the casino?


Everything is paid by casino, there is no any special cut from investors coins other than general 35% commission on investors profit.
Is this proven and how can the investors ensure their investments are not used in these competition is what I think the above person was wondering about with his question.

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jd1959
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February 24, 2019, 04:41:20 AM
 #2831

It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!

2. We raised minimum DOGE and LTC tips to be on par with other coins

The minimum amount of DOGE you can now tip changed from 10 DOGE to 150 DOGE and 0.003 LTC to 0.008 LTC.

I realize DOGE is supposed to be fun, and it's fun indeed to send people small tips for fun. That's why we made min tip in DOGE 15 times smaller than in other coins. We would probably keep it this way if I haven't seen a number of players abuse this to farm faucet :-(

It seems that a lot of changes we keep making is just to make abuse harder, but it sometimes hurts the regular players. Rest assured we keep looking for better and better solution. And most importantly nothing is written in stone - if something doesn't work, we can change it.

Feel free to tell me what you think!

Cheers,
Ethan

Hi Ethan

Just a thought on faucet-players......maybe you could introduce a real delay on any player that claims from faucet, seconds or even a minute between bets. This delay could stay in place until player makes a deposit. For players

with multiple accounts using the faucet on any account should trigger delay on all accounts. This would be fair to players that only play with there own funds, and slow down the leaches.

Cheers Jon Wink 

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February 24, 2019, 05:02:07 AM
 #2832

Is this proven and how can the investors ensure their investments are not used in these competition I think is what the above person was intending to ask with his question.
If they're using the investor's funds to pay for the competition then we would see the total bankroll go down big whenever the contest is over but it's not the case since they always collect a portion of the investor's profit. If you don't believe they're taking 35% you could try investing to see it for yourself record the performance of your investment every day and watch your weekly profit reduce at the end of the week. If my explanation sounds confusing you can check their FAQs for investments.  

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February 24, 2019, 05:05:07 AM
 #2833

Is this proven and how can the investors ensure their investments are not used in these competition I think is what the above person was intending to ask with his question.
If they're using the investor's funds to pay for the competition then we would see the total bankroll go down big whenever the contest is over but it's not the case since they always collect a portion of the investor's profit. If you don't believe they're taking 35% you could try investing to see it for yourself record the performance of your investment every day and watch your weekly profit reduce at the end of the week. If my explanation sounds confusing you can check their FAQs for investments.  
No this makes complete sense to me. I could do that but from what I remember reading a month ago frequenting the thread they were not accepting litecoin for investments and this competition is for litecoin.
Or have they started accepting litecoin to investors now?
Ill take your advice and I might give this a try to see the results of doing it for myself.
Thanks.

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February 24, 2019, 08:44:53 AM
 #2834

Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

I am alive
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February 24, 2019, 09:27:57 AM
 #2835

Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)


yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.
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February 24, 2019, 01:06:55 PM
 #2836

Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.


Are you from yolodice team?
I also like to know how the profit is shared? Is it end of the day or week?
Can somebody provide the some kind of profit or loss stats, I am going to use leverage as 1. Is there any KYC required if I want to withdraw my investment.

I am alive
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February 24, 2019, 01:30:41 PM
 #2837

Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.


Are you from yolodice team?
I also like to know how the profit is shared? Is it end of the day or week?
Can somebody provide the some kind of profit or loss stats, I am going to use leverage as 1. Is there any KYC required if I want to withdraw my investment.

You can check the FAQ/Help section from your account, how the system works.
As far as i know no KYC is required for any withdraw and from my personal experience, never face any issue in any amount of withdraw from YOLO. Cool

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February 24, 2019, 01:51:19 PM
 #2838

Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.


Are you from yolodice team?
I also like to know how the profit is shared? Is it end of the day or week?
Can somebody provide the some kind of profit or loss stats, I am going to use leverage as 1. Is there any KYC required if I want to withdraw my investment.
I am from the YOLOdice team.  On-site I am the Moderator Randall, and YOLO_LIFE is the Moderator Dustin.  I also work on Support stuff with Ethan, the owner.  Here are the answers to your questions:


Profit is shared based on your share of the bankroll.  It is also shared instantly, as soon as the site makes any profits on your invested coin's bankroll.  It shows you profit or loss stats on the Invest page once you've made one.  Investment commission is 35% (of investment profits, you are not charged commission if there was no profits) either when you close your investment, or on Sunday, whichever comes sooner (since you can close investments whenever you like).

YD doesn't do any KYC, the whole point is that it's secure, transparent, and anonymous. (But I do recommend at least setting an email to your account in case you ever lose your password and need to recover your account.)

As Dustin said, reading the FAQ will give you a lot of information, too.
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February 24, 2019, 01:53:34 PM
 #2839

Is this proven and how can the investors ensure their investments are not used in these competition I think is what the above person was intending to ask with his question.
If they're using the investor's funds to pay for the competition then we would see the total bankroll go down big whenever the contest is over but it's not the case since they always collect a portion of the investor's profit. If you don't believe they're taking 35% you could try investing to see it for yourself record the performance of your investment every day and watch your weekly profit reduce at the end of the week. If my explanation sounds confusing you can check their FAQs for investments.  
No this makes complete sense to me. I could do that but from what I remember reading a month ago frequenting the thread they were not accepting litecoin for investments and this competition is for litecoin.
Or have they started accepting litecoin to investors now?
Ill take your advice and I might give this a try to see the results of doing it for myself.
Thanks.
We've added public investing for every coin except ETH, so people can invest LTC, BTC, and DOGE.
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February 24, 2019, 01:55:04 PM
 #2840

It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!


Cheers,
Ethan


I had this feeling since a few days that you have change this and now i read it.
I only can say what i think about this (for someone that have done a few million bets at yolo).
Sure security goes first of course but i dont like this delay on bets if i play with a bot like seuntje i want fullspeed!
Just-Dice also have this sh** and i hate it.

Maybe you should handle this like bv. High lvl user have nearly fullspeed on small bets like 1sat to.
This could also be a way yolo can handle this.

Like
Userlevel 0-10 the delay you have now.
Level 10 - 15 the old delay
Level 16+ fullspeed or nearly fullspeed even on small bets

btw this is only a example i dont know the levelstructur(how many user per lvl exist)


Happy betting
As someone with 400+ BTC wagered and 12,000+ LTC wagered, I like this idea a lot, especially since I don't like slow bets.
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