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Author Topic: Re: 🔶 YOLOdice.com 🔶 - fast and fair dice game - BTC LTC ETH DOGE  (Read 116079 times)
Timetwister
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August 05, 2019, 05:04:38 AM
 #3041

What is the point of having this two investment? I believe it will pay you out in the end because bank will never lose money, even if they lose it back, in the end they will take it back again. Just matter of the time anyway but if you think that you will always play just to gathering back on what you loss from before, believe me I tried it and it does not end up well. It is better to invest it on the max button if you want to get a short term income or vice versa. This is proved to be a very effective way on investing
Those two investments could be in different cryptocurrencies and even though those losses could be recovered back in the long run it's still risky because of that x10 leverage. As what Darkstar said before, some max wins could easily hurt the investors bankroll and even wipe some of the investor's bankroll entirely depending on how big and fast is the damage done by the high rollers.

True, allowing 10 times leverage doesn't make sense. It's just forcing everyone to risk more than they would want to because other reckless investors are overleveraged. Something like up to 3 times is fine.
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August 05, 2019, 02:25:31 PM
 #3042

What is the point of having this two investment? I believe it will pay you out in the end because bank will never lose money, even if they lose it back, in the end they will take it back again. Just matter of the time anyway but if you think that you will always play just to gathering back on what you loss from before, believe me I tried it and it does not end up well. It is better to invest it on the max button if you want to get a short term income or vice versa. This is proved to be a very effective way on investing
Those two investments could be in different cryptocurrencies and even though those losses could be recovered back in the long run it's still risky because of that x10 leverage. As what Darkstar said before, some max wins could easily hurt the investors bankroll and even wipe some of the investor's bankroll entirely depending on how big and fast is the damage done by the high rollers.

If it is on difference currencies the chance to lose is higher because of the difference rate make you eager to get more to recover on what you lose. Lets say if you lose on btc and try to win it through doge or anything similar, then it will be a really hard way to get it, even the close one like eth might be hard too. And with some max win for different whale might turns out bad but if it is only one may be bankroll will still recover again. And just remember if they want to beat the house, then they should at least have enough balance or at least equal to them

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August 07, 2019, 10:20:52 AM
 #3043

What is the point of having this two investment? I believe it will pay you out in the end because bank will never lose money, even if they lose it back, in the end they will take it back again. Just matter of the time anyway but if you think that you will always play just to gathering back on what you loss from before, believe me I tried it and it does not end up well. It is better to invest it on the max button if you want to get a short term income or vice versa. This is proved to be a very effective way on investing
Those two investments could be in different cryptocurrencies and even though those losses could be recovered back in the long run it's still risky because of that x10 leverage. As what Darkstar said before, some max wins could easily hurt the investors bankroll and even wipe some of the investor's bankroll entirely depending on how big and fast is the damage done by the high rollers.

True, allowing 10 times leverage doesn't make sense. It's just forcing everyone to risk more than they would want to because other reckless investors are overleveraged. Something like up to 3 times is fine.

Why it does not makle senses to offer up to 10x leverage? The site is not even forcing investors to choose the max leverage as they can choose it as they wish. So saying that it is forcing everyone to risk more is not correct at all. It can be called as forcing if investors can invest on 10x leverage only. So it is about choice, investors decide which leverage they want to take as they want to risk.

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August 07, 2019, 11:04:43 AM
 #3044

What is the point of having this two investment? I believe it will pay you out in the end because bank will never lose money, even if they lose it back, in the end they will take it back again. Just matter of the time anyway but if you think that you will always play just to gathering back on what you loss from before, believe me I tried it and it does not end up well. It is better to invest it on the max button if you want to get a short term income or vice versa. This is proved to be a very effective way on investing
Those two investments could be in different cryptocurrencies and even though those losses could be recovered back in the long run it's still risky because of that x10 leverage. As what Darkstar said before, some max wins could easily hurt the investors bankroll and even wipe some of the investor's bankroll entirely depending on how big and fast is the damage done by the high rollers.

True, allowing 10 times leverage doesn't make sense. It's just forcing everyone to risk more than they would want to because other reckless investors are overleveraged. Something like up to 3 times is fine.

Why it does not makle senses to offer up to 10x leverage? The site is not even forcing investors to choose the max leverage as they can choose it as they wish. So saying that it is forcing everyone to risk more is not correct at all. It can be called as forcing if investors can invest on 10x leverage only. So it is about choice, investors decide which leverage they want to take as they want to risk.


I think it will be fair either way only if the leverage was to be optional. That's to say that if someone wishes to leverage as high as 10x that's fine but as long as other smaller players have the option to leverage lower I think there won't be a problem. Having the choice I think in the long run will be beneficiary since it will also accommodate for for the high investors as much as it does for most other gamblers.

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August 07, 2019, 11:39:29 AM
 #3045

True, allowing 10 times leverage doesn't make sense. It's just forcing everyone to risk more than they would want to because other reckless investors are overleveraged. Something like up to 3 times is fine.
10 times leverage is nothing, i had used 25x leverage on justdice in my investment and it turned to good amount after i left it for several months.


I think it will be fair either way only if the leverage was to be optional.
Is there any site forcing their investor with permanent leverage number?


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August 07, 2019, 01:27:42 PM
Merited by DarkStar_ (4)
 #3046



10 times leverage is nothing, i had used 25x leverage on justdice in my investment and it turned to good amount after i left it for several months.

That's because volatility in terms of bankroll there is extremely small.

And of course investors are not literally forced to use high leverage, but they have to if they don't want to be diluted. And it deters investors not willing to overleverage. The casino doesn't benefit from this process, it just makes the bankroll way more volatile only to be able to accomodate high potential prize bets that almost noone plays to get.
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August 15, 2019, 09:05:00 AM
 #3047



10 times leverage is nothing, i had used 25x leverage on justdice in my investment and it turned to good amount after i left it for several months.

That's because volatility in terms of bankroll there is extremely small.

And of course investors are not literally forced to use high leverage, but they have to if they don't want to be diluted. And it deters investors not willing to overleverage. The casino doesn't benefit from this process, it just makes the bankroll way more volatile only to be able to accomodate high potential prize bets that almost noone plays to get.

10x is definitely not nothing when you consider that some sites do not even let you have leverage,,, and yes, when the bankroll is small, it really adds up to the same thing. Remember that it is not just about making more profit,,, it is also about putting your funds at more risk. I am on x10 on yolodice and it works out well, but on another site x10 has made me lose over 15%, but of course, all in short term.

Long term everything should work out to house edge.

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August 15, 2019, 10:28:25 AM
 #3048

10x is definitely not nothing when you consider that some sites do not even let you have leverage,,, and yes, when the bankroll is small, it really adds up to the same thing. Remember that it is not just about making more profit,,, it is also about putting your funds at more risk. I am on x10 on yolodice and it works out well, but on another site x10 has made me lose over 15%, but of course, all in short term.

Long term everything should work out to house edge.

Not really, bankroll growth can be negative if returns are very volatile. That's why a 10 times leverage is stupid.
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August 16, 2019, 03:32:47 AM
Merited by SyGambler (5), dbshck (4)
 #3049

10x is definitely not nothing when you consider that some sites do not even let you have leverage,,, and yes, when the bankroll is small, it really adds up to the same thing. Remember that it is not just about making more profit,,, it is also about putting your funds at more risk. I am on x10 on yolodice and it works out well, but on another site x10 has made me lose over 15%, but of course, all in short term.

Long term everything should work out to house edge.

The house edge won't work in your favour if you're margin called on the way down and miss out on the way up. Back in 2018, bustabit had a 850 BTC swing, with around 35% of the bankroll lost at one point. Investors with 3x leverage were margin called, and while the site overall was negative/neutral that day, those who didn't get margin called ended up making a profit because the highly leveraged investors didn't get any of the profit from the whale losing their winnings.

Yolodice does have restrictions to make this more unlikely to happen - they don't respect leverage by capping the max profit at the lowest of 0.5% of the leveraged bankroll or 2.5% of the actual bankroll. So while about everyone is invested at "10x leverage", they're actually only getting 2.5x leverage in actuality.

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August 16, 2019, 02:10:44 PM
 #3050

Yolodice does have restrictions to make this more unlikely to happen - they don't respect leverage by capping the max profit at the lowest of 0.5% of the leveraged bankroll or 2.5% of the actual bankroll. So while about everyone is invested at "10x leverage", they're actually only getting 2.5x leverage in actuality.

Lowest or highest? If lowest, 0.5% of bankroll would be 5% if average leverage is 10.
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August 16, 2019, 02:51:20 PM
 #3051

Yolodice does have restrictions to make this more unlikely to happen - they don't respect leverage by capping the max profit at the lowest of 0.5% of the leveraged bankroll or 2.5% of the actual bankroll. So while about everyone is invested at "10x leverage", they're actually only getting 2.5x leverage in actuality.

Lowest or highest? If lowest, 0.5% of bankroll would be 5% if average leverage is 10.

Lowest, so max leverage is 2.5x if everyone is at 10x. Assume a 100 BTC real bankroll that becomes 1000 BTC leveraged. 2.5% of 100 BTC is 2.5 BTC, while 0.5% of the leveraged bankroll is 5 BTC. Max win would be 2.5 BTC.

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August 16, 2019, 04:41:38 PM
 #3052

was a large investor for a while on yolodice. the leverage isnt really 10x, nor is it on many sites with leverage as a good majority of investors also choose to do 10x. as timetwister explained, all it does is dilute the investments of people choosing not to go 10x (which was good for me). but to be perfectly honest, i fail to see the point of having leverage at all as it doesnt really serve the intended purpose, nor did it affect my investment behavior in any way

I wish yolodice the best of luck, as they were always a very trustable company, with fast payouts, regardless of the amount. Hope to see traffic pick back up for them, but they seemed way more concerned with shilling their ETH and LTC , and shunning the investor side of the BR, which is why I left. also didnt help that ethan had seemingly better things to do than post here to maintain communication
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