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Author Topic: 🔶 YOLOdice.com 🔶 FAST play/invest- AUTUMN WAGERING COMPETITION  (Read 68473 times)
m0gliE
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March 17, 2017, 04:20:28 PM
 #701

You could always have a few investments with different leverages to diversify a bit. Opening a higher-risk investment x10 and  a safer one x1 or x2 make a lot of sense to me, that's how I am doing it too.

One thing for sure - there is not much point in checking your investment value every hour, just make it long-term. This applies to any investment in general.

In our (short) history no investment has been closed automatically when site profit went down. So even those "higher-risk" x10 investments survived all ups and downs and even those who experienced significant losses at some point ended with the nice profit when site profit went up again.

Cheers,
Ethan

Hey Ethan,
We agree that the "risk" is mitigated on the leveraged bankroll no?
That means a 10* investment is lost only when the leveraged bankroll loses 10% of profit?
Which would mean that the casino would have to lose around 15BTC...
That's not IMPOSSIBLE but that's still very unlikely let's be honest ^^

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March 17, 2017, 05:58:00 PM
 #702

I believe the point of small investments is to try how it works. Current min is 0.005 BTC, which is indeed to small for any decent profit. If you invest with leverage x10 it's a bit better, but still too small to earn a living.

IMO the smaller minimum is not for those who are ready to invest, but rather for those who want to try investing first and give it a try before depositing and investing more.

On the other hand, I can see nothing wrong with investing small amounts. It could be a free lunch or a free beer someday :-) I've been there too -- there is nothing better than a free lunch with friends when you get some profit :-)

I think promoting the smallest investment level of 0.005 is a reasonable level for a gambling site, because there are a small percentage of casual gamers, who participate in bitcoin, gamble with just Have fun, so if you raise the odds up too large, they will leave your site. We are not aiming to make a living as the first, because gambling can also be used for entertainment, that is for sure. I think we should keep the deposit at 0.005. That's my opinion, thanks Smiley
It is a good amount because it acquires more on top of itself. So it can only grow and does not decrease after time. So this is a benefit of putting anything of an investment on the site.
We need to be aggressive when it comes to investing in casinos, 0.005 is good to try for newbies just to learn how things will work. For me, it's a privilege for the small investors but I hope along the way they will be realistic that small investment will only gather a small profit.

Small investment might gather small profit, but investing in casinos are risky for a rookie, so small amount, like 0.005-0.01 BTC will help to clear doubts and fear. But gradually the amount should increase as the investors confidence is also increasing.

rytyr
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March 17, 2017, 06:57:23 PM
 #703

site profite over 58 btc Profit

nice site for play dice
Oh wow! Shocked
Didn't notice they had made that much in profit so far.
they just started in the dice sites here and are considered the baby of the bunch.
Good going Yolodice!
I love your site guys. Grin

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March 17, 2017, 09:03:25 PM
 #704

Here's my question for YOLO admins:

Today there's a lot of tension around possible Bitcoin fork and many exchanges are already preparing for it. How will YOLO react to his? Will you release forked coins to people who have Bitcoin balance on YOLO at the moment of the fork? There was a similar situation with ETH and ETC and some casinos released ETC to ETH holders.

Thanks!

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March 17, 2017, 10:09:42 PM
 #705

site profite over 58 btc Profit

nice site for play dice

Site profit back to 54 BTC. Luck is a strange beast!

What's more important to me, there are more and more players and wagered per day is consistently growing!

Cheers,
Ethan

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March 18, 2017, 04:24:30 AM
 #706

Here's my question for YOLO admins:

Today there's a lot of tension around possible Bitcoin fork and many exchanges are already preparing for it. How will YOLO react to his? Will you release forked coins to people who have Bitcoin balance on YOLO at the moment of the fork? There was a similar situation with ETH and ETC and some casinos released ETC to ETH holders.

Thanks!

One thing I know, if there are changes or updates against the acceptance of the bitcoin. I thought for sure admin will give it the best or a good solution, because the site is made to satisfy its users and there is no possibility that the admin will still hold firm on manufacture early in its users want things better than existing ones. You don't have to worry, because the admin will give the best
 


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K128kevin2
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March 18, 2017, 08:48:27 AM
 #707

Just made an account to join your signature campaign. I really like how you can log in using a signed message from a Bitcoin address.
Mike Mayor
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March 18, 2017, 09:23:50 AM
 #708

!y luck is at 4% and profits ober 0.005 so also double my money.  Grin
Maybe I mist stop while I'm ahead ^^
No I dont think so I will try more. Who else has a high luck % ? It goes closer to 0% all the time so I can still gamble for some time before that happens.

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March 18, 2017, 03:14:58 PM
 #709

I believe the point of small investments is to try how it works. Current min is 0.005 BTC, which is indeed to small for any decent profit. If you invest with leverage x10 it's a bit better, but still too small to earn a living.

IMO the smaller minimum is not for those who are ready to invest, but rather for those who want to try investing first and give it a try before depositing and investing more.

On the other hand, I can see nothing wrong with investing small amounts. It could be a free lunch or a free beer someday :-) I've been there too -- there is nothing better than a free lunch with friends when you get some profit :-)

I think promoting the smallest investment level of 0.005 is a reasonable level for a gambling site, because there are a small percentage of casual gamers, who participate in bitcoin, gamble with just Have fun, so if you raise the odds up too large, they will leave your site. We are not aiming to make a living as the first, because gambling can also be used for entertainment, that is for sure. I think we should keep the deposit at 0.005. That's my opinion, thanks Smiley
It is a good amount because it acquires more on top of itself. So it can only grow and does not decrease after time. So this is a benefit of putting anything of an investment on the site.
We need to be aggressive when it comes to investing in casinos, 0.005 is good to try for newbies just to learn how things will work. For me, it's a privilege for the small investors but I hope along the way they will be realistic that small investment will only gather a small profit.

Small investment might gather small profit, but investing in casinos are risky for a rookie, so small amount, like 0.005-0.01 BTC will help to clear doubts and fear. But gradually the amount should increase as the investors confidence is also increasing.

yup its true but i think if we continue to make small profit over and over, in the end we can collect big amount from our small investment and i think its fine for us if we don't have much of money to join some investment. i made some investment in yolodice in this 3 weeks and so far, i can able to get profit although is small.


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March 18, 2017, 06:12:51 PM
 #710

I believe the point of small investments is to try how it works. Current min is 0.005 BTC, which is indeed to small for any decent profit. If you invest with leverage x10 it's a bit better, but still too small to earn a living.

IMO the smaller minimum is not for those who are ready to invest, but rather for those who want to try investing first and give it a try before depositing and investing more.

On the other hand, I can see nothing wrong with investing small amounts. It could be a free lunch or a free beer someday :-) I've been there too -- there is nothing better than a free lunch with friends when you get some profit :-)

I think promoting the smallest investment level of 0.005 is a reasonable level for a gambling site, because there are a small percentage of casual gamers, who participate in bitcoin, gamble with just Have fun, so if you raise the odds up too large, they will leave your site. We are not aiming to make a living as the first, because gambling can also be used for entertainment, that is for sure. I think we should keep the deposit at 0.005. That's my opinion, thanks Smiley
It is a good amount because it acquires more on top of itself. So it can only grow and does not decrease after time. So this is a benefit of putting anything of an investment on the site.
We need to be aggressive when it comes to investing in casinos, 0.005 is good to try for newbies just to learn how things will work. For me, it's a privilege for the small investors but I hope along the way they will be realistic that small investment will only gather a small profit.

Small investment might gather small profit, but investing in casinos are risky for a rookie, so small amount, like 0.005-0.01 BTC will help to clear doubts and fear. But gradually the amount should increase as the investors confidence is also increasing.

yup its true but i think if we continue to make small profit over and over, in the end we can collect big amount from our small investment and i think its fine for us if we don't have much of money to join some investment. i made some investment in yolodice in this 3 weeks and so far, i can able to get profit although is small.
It helps to note that investment in casinos are not fail-proof, as there are always players with seemingly midas touch and deep pockets. Best to always go by the conventional approach to investing and invest only what one can afford to lose. To live and fight another day is always a winning strategy.

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March 19, 2017, 06:18:58 AM
 #711

I believe the point of small investments is to try how it works. Current min is 0.005 BTC, which is indeed to small for any decent profit. If you invest with leverage x10 it's a bit better, but still too small to earn a living.

IMO the smaller minimum is not for those who are ready to invest, but rather for those who want to try investing first and give it a try before depositing and investing more.

On the other hand, I can see nothing wrong with investing small amounts. It could be a free lunch or a free beer someday :-) I've been there too -- there is nothing better than a free lunch with friends when you get some profit :-)

I think promoting the smallest investment level of 0.005 is a reasonable level for a gambling site, because there are a small percentage of casual gamers, who participate in bitcoin, gamble with just Have fun, so if you raise the odds up too large, they will leave your site. We are not aiming to make a living as the first, because gambling can also be used for entertainment, that is for sure. I think we should keep the deposit at 0.005. That's my opinion, thanks Smiley
It is a good amount because it acquires more on top of itself. So it can only grow and does not decrease after time. So this is a benefit of putting anything of an investment on the site.
We need to be aggressive when it comes to investing in casinos, 0.005 is good to try for newbies just to learn how things will work. For me, it's a privilege for the small investors but I hope along the way they will be realistic that small investment will only gather a small profit.

Small investment might gather small profit, but investing in casinos are risky for a rookie, so small amount, like 0.005-0.01 BTC will help to clear doubts and fear. But gradually the amount should increase as the investors confidence is also increasing.

yup its true but i think if we continue to make small profit over and over, in the end we can collect big amount from our small investment and i think its fine for us if we don't have much of money to join some investment. i made some investment in yolodice in this 3 weeks and so far, i can able to get profit although is small.
It helps to note that investment in casinos are not fail-proof, as there are always players with seemingly midas touch and deep pockets. Best to always go by the conventional approach to investing and invest only what one can afford to lose. To live and fight another day is always a winning strategy.

There are times when investors face loss because some player wins big. But don't forget its house who wins in the end. So investors make good profit in long term.

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March 19, 2017, 09:31:21 AM
 #712

I want to ask, how goes the wager competition so far?
Any kind of updates, any leaderboard announcement?

Btw i see a lot of users playing, so i believe that this competition attracts ppl to enter Yolo and gamble more... Roll Eyes

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FasTroy
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March 19, 2017, 05:56:13 PM
 #713

site profite over 58 btc Profit

nice site for play dice
Oh wow! Shocked
Didn't notice they had made that much in profit so far.
they just started in the dice sites here and are considered the baby of the bunch.
Good going Yolodice!
I love your site guys. Grin
It's impressive to see that Yolodice site,  profit over 58 bitcoins. I really like that.
Keep going to the moon Yolodice. This is my 3rd week in this campaign. It's a really one of bestest campaign in this forum.
I'am happy to be part of them, Good luck to other members and for mangers to keep this campaign and site.


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March 19, 2017, 09:19:45 PM
 #714

I want to ask, how goes the wager competition so far?
Any kind of updates, any leaderboard announcement?

Btw i see a lot of users playing, so i believe that this competition attracts ppl to enter Yolo and gamble more... Roll Eyes

All updates are posted in the competition thread, found here: https://bitcointalk.org/index.php?topic=1828054.0

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March 19, 2017, 11:49:45 PM
 #715

I want to ask, how goes the wager competition so far?
Any kind of updates, any leaderboard announcement?

Btw i see a lot of users playing, so i believe that this competition attracts ppl to enter Yolo and gamble more... Roll Eyes

I think not only for that yolo honestly when its newly launch and has a good promotion many people are gamble there..
Also in my experience its also good to stay in their chat because of bitcoin rain or a tip.. i am received tips many times there and its good if you stay also in chat to chat with others and receive few tips..

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March 20, 2017, 08:57:51 AM
 #716

I believe the point of small investments is to try how it works. Current min is 0.005 BTC, which is indeed to small for any decent profit. If you invest with leverage x10 it's a bit better, but still too small to earn a living.

IMO the smaller minimum is not for those who are ready to invest, but rather for those who want to try investing first and give it a try before depositing and investing more.

On the other hand, I can see nothing wrong with investing small amounts. It could be a free lunch or a free beer someday :-) I've been there too -- there is nothing better than a free lunch with friends when you get some profit :-)

I think promoting the smallest investment level of 0.005 is a reasonable level for a gambling site, because there are a small percentage of casual gamers, who participate in bitcoin, gamble with just Have fun, so if you raise the odds up too large, they will leave your site. We are not aiming to make a living as the first, because gambling can also be used for entertainment, that is for sure. I think we should keep the deposit at 0.005. That's my opinion, thanks Smiley
It is a good amount because it acquires more on top of itself. So it can only grow and does not decrease after time. So this is a benefit of putting anything of an investment on the site.
We need to be aggressive when it comes to investing in casinos, 0.005 is good to try for newbies just to learn how things will work. For me, it's a privilege for the small investors but I hope along the way they will be realistic that small investment will only gather a small profit.

Small investment might gather small profit, but investing in casinos are risky for a rookie, so small amount, like 0.005-0.01 BTC will help to clear doubts and fear. But gradually the amount should increase as the investors confidence is also increasing.

yup its true but i think if we continue to make small profit over and over, in the end we can collect big amount from our small investment and i think its fine for us if we don't have much of money to join some investment. i made some investment in yolodice in this 3 weeks and so far, i can able to get profit although is small.
It helps to note that investment in casinos are not fail-proof, as there are always players with seemingly midas touch and deep pockets. Best to always go by the conventional approach to investing and invest only what one can afford to lose. To live and fight another day is always a winning strategy.

So you mean that we need to keep on investing instead of gambling? But if you want to get some good profit you really need to place some big amount. If you only put a little bit, this will sure waste your time. If I can say 1 btc is minimal balance that you need to have to place on some investment site

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March 20, 2017, 01:27:38 PM
 #717


Hey Ethan,
We agree that the "risk" is mitigated on the leveraged bankroll no?
That means a 10* investment is lost only when the leveraged bankroll loses 10% of profit?
Which would mean that the casino would have to lose around 15BTC...
That's not IMPOSSIBLE but that's still very unlikely let's be honest ^^

Not really. A x10 investment is lost when site loses 10% of the effective bankroll. The effective bankroll is now 994 BTC, so someone would need to win ~99 BTC. This is a rough estimation only, but  this is a general rule. It's not impossible, but less likely than winning 15 BTC.

Cheers,
Ethan

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March 21, 2017, 07:33:21 AM
 #718

we have an official chat bot
and his name is
HAL9000

Having a chat bot was one of the most upvoted ideas on our Trello board and here it is. So here is what the bot does:


* it can tip a random person in chat, but you need to claim your tip, so keep watching
* it can randomly rain in chat
* it asks questions, the first person to answer it gets the prize
* it runs a guess-a-number-I-have-in-mind

It does things randomly or can be activated if you tip it.

Now, the next larger thing I will be working on is user levels. The goal is to create a motivating system where players (and investors) can level-up. Higher levels will unlock certain features (mostly customization, e.g. user profile images). We are now designing the levels and features, so if you have any ideas, tell me!

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March 21, 2017, 01:18:07 PM
 #719

Only one day left to participate in the wagering competition!  Make sure you get your wagers in!

https://bitcointalk.org/index.php?topic=1828054.0

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March 21, 2017, 07:59:24 PM
 #720

As always another great upgrade this bot functionality is good but not perfect. Some of my comments:

- I hoped that bot will ask some other questions, beside simple math problems... maybe something like this http://www.absurdtrivia.com/trivia/general-mixed-trivia/
- how big tip is needed to activate the bot?
- will gaining levels make faucet reward higher?

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