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Author Topic: Re: 🔶 YOLOdice.com 🔶 commission on LTC investments is at 35% till 31. Dec  (Read 134912 times)
leea-1334
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September 09, 2020, 11:25:14 AM
 #3921

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

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September 09, 2020, 04:37:54 PM
 #3922

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.

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September 09, 2020, 05:37:08 PM
 #3923

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.


That movements sure sounds like that of an authoritarian whale. Despite the LTC investors drop to nearly nothing it is surprising to me to see this quick recovery on behalf of Yolo. The fact that these guys are coming back means that this is an investors platform, given how they dealt with the emptying of their reserves.

In any case, such a move should have been anticipated as a casino if you don't expect a large reserve depletion every once in a while then there's no point in trying to convince others that your casino is worth being online.

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Maus0728
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September 16, 2020, 04:10:50 AM
 #3924

Is there anything wrong with the connectivity on the website or is it just me who is having trouble getting inside?

Also, just noticed that the referral tab takes longer loading time than before.

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September 16, 2020, 06:04:54 AM
 #3925

Is there anything wrong with the connectivity on the website or is it just me who is having trouble getting inside?

Also, just noticed that the referral tab takes longer loading time than before.

It is fine from my side as I can see,,, just logged in now. I am not even on a direct connection, I am forced to use whatever line my office gives to me so if it seems manageable from my side, then it is probably 2 or 3 times faster for a normal connection.

Also referral tab is the same for me, no difference. How are you doing for refs? Mine is always at the same slow but steady pace:) But no new ones for about 2 weeks for some reason!

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September 16, 2020, 05:10:53 PM
 #3926

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.


That movements sure sounds like that of an authoritarian whale. Despite the LTC investors drop to nearly nothing it is surprising to me to see this quick recovery on behalf of Yolo. The fact that these guys are coming back means that this is an investors platform, given how they dealt with the emptying of their reserves.

In any case, such a move should have been anticipated as a casino if you don't expect a large reserve depletion every once in a while then there's no point in trying to convince others that your casino is worth being online.
When one of those whales get super lucky and they end up wiping out profits and investments there is really nothing you or the website can do. Think of all the websites that has no investment option, they do end up getting those people as well and that is the most scary thought in my mind ever.

You start a casino, work on the coding and design parts like hell, give everything you have, reach a deal with a bank for line of credit or whatever so that you can cover the costs, and in the end someone comes in and wins millions of dollars in a streak leaving you with so much debt that you need to make profit without interruption ever for 2 years in order to make it back to where you started. It is really scary, for both casino and investors, but gamblers have to win time to time to show the world how it is possible as well.

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September 17, 2020, 06:12:27 AM
 #3927

You start a casino, work on the coding and design parts like hell, give everything you have, reach a deal with a bank for line of credit or whatever so that you can cover the costs, and in the end someone comes in and wins millions of dollars in a streak leaving you with so much debt that you need to make profit without interruption ever for 2 years in order to make it back to where you started. It is really scary, for both casino and investors, but gamblers have to win time to time to show the world how it is possible as well.

Which is why a good casino has good bankroll management and in the case of public investments, a good way to make that all part of the equation. I have seen such a case in my few years where a new casino came in and did that exactly, so sadly it was the end for them.

But the simplest way to prevent this,,, and we all know variance happens even to the house,,, is to limit the maximum winnings per bet, and to limit other things as tiny percentages of total bankroll. It is more complicated than this of course and Yolo does have quite a complex structure but I think there is a lot of faith in it from investors at the moment because of the track record.

It is all about time as you somewhat say. Long-term, variance is defeated.

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September 18, 2020, 01:34:46 PM
 #3928

If a person is capable of making too much profit from gambling, there is two things wrong and we all know it. Either the casino helps them, which is definitely not the case here I am sure, yolodice is as legit as it gets and they would never do something like that. Or that casino fails to cap the max bet properly.

I mean if a person can gamble so much that they can take out the bankroll, that means max win amount should have been 10% of what it is. No person should be capable of betting enough to take out all the profits, that shouldn't be possible, limitations obviously causes some whales to leave which means you wouldn't have high profits very quickly when they lose but that is a sacrifice you should be willing to take to prevent whales to take away all profit even make it go down.

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September 18, 2020, 04:53:34 PM
 #3929

If a person is capable of making too much profit from gambling, there is two things wrong and we all know it. Either the casino helps them, which is definitely not the case here I am sure, yolodice is as legit as it gets and they would never do something like that. Or that casino fails to cap the max bet properly.

I mean if a person can gamble so much that they can take out the bankroll, that means max win amount should have been 10% of what it is. No person should be capable of betting enough to take out all the profits, that shouldn't be possible, limitations obviously causes some whales to leave which means you wouldn't have high profits very quickly when they lose but that is a sacrifice you should be willing to take to prevent whales to take away all profit even make it go down.

There are quite a few factors I think would go into their thinking, Firstly giving the whale an opportunity or showing them sort of greed to try their luck to win the max possible. We have seen that it’s not always possible to win it unlike you are extremely luck just like the whale who almost won the LTC bankroll. Secondly, if the % of bankroll is lowered too much there are other casinos websites available and this would mean that the prospective player might switch to other and this may be loss to casinos if he happens to lose big as well. Though this does not happen regularly and chances of happening is also far less so a risk is taken by gambling site, just like how investors take risk in investing in bankroll in anticipation that may get some return after certain point of time.

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September 19, 2020, 06:21:16 PM
 #3930

^I understand that people may switch to other places but this place is offering a lot more right now for what others are offering and also it is allowing it to be basically emptied, look at other places and you will see that it usually is not that much, you can be as rich as you want but because of the max cap they can't win almost all the bankroll there, which is why I think the big deal here would be to not drop the max cap to a level where it would make people leave, but lower it to a level where it is similar to other places so that nothing major would happen but still attract big names.

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Today at 03:23:01 AM
Last edit: Today at 04:12:01 AM by ralle14
 #3931

^I understand that people may switch to other places but this place is offering a lot more right now for what others are offering and also it is allowing it to be basically emptied, look at other places and you will see that it usually is not that much, you can be as rich as you want but because of the max cap they can't win almost all the bankroll there, which is why I think the big deal here would be to not drop the max cap to a level where it would make people leave, but lower it to a level where it is similar to other places so that nothing major would happen but still attract big names.
Currently they're not offering more than the other sites, if you look at the max profit from other dice sites that accepts litecoin they're kind of in the same level. Even Bitvest have a higher max profit while having a smaller bankroll.

Before the investor's profit went down from 9000 to 4000 LTC the max profit used to be 1% of the bankroll after that Ethan address the issue by lowering it to 0.5%.

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Today at 04:10:20 AM
 #3932

If a person is capable of making too much profit from gambling, there is two things wrong and we all know it. Either the casino helps them, which is definitely not the case here I am sure, yolodice is as legit as it gets and they would never do something like that. Or that casino fails to cap the max bet properly.

I mean if a person can gamble so much that they can take out the bankroll, that means max win amount should have been 10% of what it is. No person should be capable of betting enough to take out all the profits, that shouldn't be possible, limitations obviously causes some whales to leave which means you wouldn't have high profits very quickly when they lose but that is a sacrifice you should be willing to take to prevent whales to take away all profit even make it go down.

Yolodice investment is considered as one of the best investment and with no limitations in places, whales are taking full advantage of it. I don't think Yolodice would limit the profits because they don't want people to leave because of these limitations. Limitations won't be much concern for the small investors but big investors would not like it.



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