🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[Victorycoin]

I also had one last question could you tell me is there any space left for investors and also how do I become investor I didn't understand.

You can still invest, and it's pretty easy to do so.  Just click the Invest section of YD, and it will explain it there, as well as in the FAQ.  You can invest as little as 0.01 BTC.

To explain it briefly, you basically pick the amount you want to invest, and how much leverage, if any.  Leveraging is basically borrowing from the house to increase your investment.  For example, a 1x investment is no leverage, meaning it's 100% your money, and you would only lose 100% of your investment if the house lost 100% of its bankroll.  Say you invest 0.05 on a 5x leverage; the house lends you 0.20 for a total of 0.25 invested, however, if the house loses 20% of its effective bankroll, you lose your whole investment.

It's basically a way for users and investors to manage the amount of risk and returns they want to take.


~Randall

Tbh I still didn't understand. Let me specify a bit more I have 0.45 btc and I want to invest on their site I saw it is showing 6% in 30 days so does that mean that if I keep for 12 months my investment will increase by 72% and which is the safest I don't want to lend and stuff I only want to know how can I receive 6% interest per month.

Mathmatically if you plot a graph with the house edge for a player the longer they play the closer the graph goes to 0% then after that it starts to go -% and that is the house edge. Even though some players are luckier then others the profits over time should be steady. The profits will be at average 6% per month over the period of a few months. Its a good investment.

The leverage multiplier just makes it as of you had that amount of bitcoin invested but that means when you take hits your balance takes the same amount. That's a bit of a gamble but might be worth it.

Didn't quite took notice of the leverage multiplier until now and that's indeed an innovation from what's commonplace. I know multiplier leverage to be a double edged sword and players would do well to understand how it works before jumping at it, used properly, it would easily translate to extra coins.

[1713562400]

1713562400

[1713562400]

1713562400

[1713562400]

1713562400

[Slark]

Didn't quite took notice of the leverage multiplier until now and that's indeed an innovation from what's commonplace. I know multiplier leverage to be a double edged sword and players would do well to understand how it works before jumping at it, used properly, it would easily translate to extra coins.

The problem is you can't really treat margin investing as safe method. As you can't predict if you will suffer a loss.
Leverage is always a risk, because it will multiply your loses as well as winnings. It is like gambling with borrowed money.
It might be a noob trap for inexperienced investors, who tend to be overtly enthusiastic with the possibility of greatly increased profits.

[ethan_nx]

I am not sure if I've written this already, but we are not planning any exit scam. (that's what everyone says)

"The site can earn more long term than with a dirty exit scam" -- I am optimistically expecting the site to grow and have a decent return, that's why we built it in the first place. If it doesn't get enough traction, I'll probably move to something else. But it's not math that convinces me that exit scam is a bad idea.
- First of all, it was never my or Scott's intention just to run away with the money.
- Second, although we do not expose our identities online, we are not hiding it too deep either. All domains and servers are registered with real names, paid by credit cards linked to legit bank accounts. For a person motivated enough it's not impossible to find out who we are, therefore if we ran away with the money I expect someone would try to find out what happened.
- Third, I believe everyone should be suspicious and always take into account that even most reputable sites can fail.
- Fourth, I believe being honest is a good long-term strategy. I didn't fail me and I want to stick to it.

Exit scams happened so often in the Bitcoin world it's natural to question Bitcoin-related businesses. I would be careful too, it's just a part of a common sense in Bitcoin survival guide. Even fully-legit, theoretically "safe" sites fail.

I agree with Dooglus about investing with x10 leverage - you can deposit only 1/10 of your funds and invest with x10, it's safer and gives you the same share in site profit. Just your investment is more sensitive to site profit variance and can get closed if someone wins big. Actually most of investments are x10 now. Some people asked us for even larger leverages, but I thing x10 is max we can reasonably offer.

Other than that, it's hard to convince everyone you are not going to scam them. Other than that, I am really positively surprised by first (positive) reactions and how the site grows! I owe you!

Cheers!
Ethan

[Lionidas]

Yes exit scams happen, but only with small sites, because they can't get enough players to be profitable.

Again, that's not true. Several pretty large dice sites have stolen their investors' coins.

Like who?
I heard of one that people are still getting bad rep for joining. If you look around you will see what i mean.

Gooddice (I assume that's the site your talking about) probably fakes almost all of their volume (do you really think they made 30k BTC?) and I wouldn't call it popular. A notable site that ran away was Dice.Ninja with a large amount of investor funds. There's also dadice and probably other smaller sites too that pulled an exit scam.

No. I was actually think of betcoin.ag.

Where all their signature campaigner were getting negative from a dt member. I can not remember from who but it was obvious they had a problem in the past. But i think it has been resolved. But still see the negatives on those accounts but must be turned to neutral since.

[PlanetOfBets]

YOLOdice, really it's a great site of gambling. I also like the design and the mechanism of this site. I will be glad to try gambling here.
Furthermore, There is Referral program which you can earn extra btc. and also we can chat, it's really awesome. Hope i will try it when i get some bitcoins.

yes you are right, fast, fair best sites related bitcoin

[TOPBTCCASINOS]

Do you guys filter any Countries and not allow them to log in?

[moooonu]

I am not sure if I've written this already, but we are not planning any exit scam. (that's what everyone says)

"The site can earn more long term than with a dirty exit scam" -- I am optimistically expecting the site to grow and have a decent return, that's why we built it in the first place. If it doesn't get enough traction, I'll probably move to something else. But it's not math that convinces me that exit scam is a bad idea.
- First of all, it was never my or Scott's intention just to run away with the money.
- Second, although we do not expose our identities online, we are not hiding it too deep either. All domains and servers are registered with real names, paid by credit cards linked to legit bank accounts. For a person motivated enough it's not impossible to find out who we are, therefore if we ran away with the money I expect someone would try to find out what happened.
- Third, I believe everyone should be suspicious and always take into account that even most reputable sites can fail.
- Fourth, I believe being honest is a good long-term strategy. I didn't fail me and I want to stick to it.

Exit scams happened so often in the Bitcoin world it's natural to question Bitcoin-related businesses. I would be careful too, it's just a part of a common sense in Bitcoin survival guide. Even fully-legit, theoretically "safe" sites fail.

I agree with Dooglus about investing with x10 leverage - you can deposit only 1/10 of your funds and invest with x10, it's safer and gives you the same share in site profit. Just your investment is more sensitive to site profit variance and can get closed if someone wins big. Actually most of investments are x10 now. Some people asked us for even larger leverages, but I thing x10 is max we can reasonably offer.

Other than that, it's hard to convince everyone you are not going to scam them. Other than that, I am really positively surprised by first (positive) reactions and how the site grows! I owe you!

Cheers!
Ethan

It sounds really stupid when people judge others. I think everyone have right for their privacy. It's person's own decision to tell everything about itself or not at all.

I trust you and I think all the players on your site too. People need to find some facts than just pointing fingers without any clue.

[moooonu]

Do you guys filter any Countries and not allow them to log in?

I don't think YD have any country filter. Do you any problem in logging in?

[moooonu]

YOLOdice, really it's a great site of gambling. I also like the design and the mechanism of this site. I will be glad to try gambling here.
Furthermore, There is Referral program which you can earn extra btc. and also we can chat, it's really awesome. Hope i will try it when i get some bitcoins.

Go on and try your luck there. Wagering contest is till on. So till there is a chance of winning 0.2 btc for first price

[moooonu]

Yes exit scams happen, but only with small sites, because they can't get enough players to be profitable.

Again, that's not true. Several pretty large dice sites have stolen their investors' coins.

Like who?
I heard of one that people are still getting bad rep for joining. If you look around you will see what i mean.

Gooddice (I assume that's the site your talking about) probably fakes almost all of their volume (do you really think they made 30k BTC?) and I wouldn't call it popular. A notable site that ran away was Dice.Ninja with a large amount of investor funds. There's also dadice and probably other smaller sites too that pulled an exit scam.

Well I am lucky that I wasn't on any of them who exit scam. But the site you mentioned seems suspicious. Well it's possible to have that much bitcoins but their transparency isn't clear as they haven't showed their wallet(proof). And that giveaway is just for trying the site. It isn't real btc. As you can see the max profit is set to 0.0btc

[Labumi]

Yes exit scams happen, but only with small sites, because they can't get enough players to be profitable.

Again, that's not true. Several pretty large dice sites have stolen their investors' coins.

Like who?
I heard of one that people are still getting bad rep for joining. If you look around you will see what i mean.

Gooddice (I assume that's the site your talking about) probably fakes almost all of their volume (do you really think they made 30k BTC?) and I wouldn't call it popular. A notable site that ran away was Dice.Ninja with a large amount of investor funds. There's also dadice and probably other smaller sites too that pulled an exit scam.

Well I am lucky that I wasn't on any of them who exit scam. But the site you mentioned seems suspicious. Well it's possible to have that much bitcoins but their transparency isn't clear as they haven't showed their wallet(proof). And that giveaway is just for trying the site. It isn't real btc. As you can see the max profit is set to 0.0btc

Basically all of the sites provide a giveaway certainly has some purpose. And for this, there are 2 possibilities, namely they are indeed doing a giveaway or they just want to attract the attention of everyone and after that commit fraud. So to be able to know that the site is Real or not then look at the track record of these sites and see how the problems of successfully handled

[ethan_nx]

Do you guys filter any Countries and not allow them to log in?

Hi, there are no per-country filters. If you have issues logging in, just send me a PM here or email me at yolodice@zoho.com.

Cheers,
Ethan

[moooonu]

Yes exit scams happen, but only with small sites, because they can't get enough players to be profitable.

Again, that's not true. Several pretty large dice sites have stolen their investors' coins.

Like who?
I heard of one that people are still getting bad rep for joining. If you look around you will see what i mean.

Gooddice (I assume that's the site your talking about) probably fakes almost all of their volume (do you really think they made 30k BTC?) and I wouldn't call it popular. A notable site that ran away was Dice.Ninja with a large amount of investor funds. There's also dadice and probably other smaller sites too that pulled an exit scam.

Well I am lucky that I wasn't on any of them who exit scam. But the site you mentioned seems suspicious. Well it's possible to have that much bitcoins but their transparency isn't clear as they haven't showed their wallet(proof). And that giveaway is just for trying the site. It isn't real btc. As you can see the max profit is set to 0.0btc

Basically all of the sites provide a giveaway certainly has some purpose. And for this, there are 2 possibilities, namely they are indeed doing a giveaway or they just want to attract the attention of everyone and after that commit fraud. So to be able to know that the site is Real or not then look at the track record of these sites and see how the problems of successfully handled

That's silly. It isn't that much easy to get trust in here. It takes alot of time to get that trustful that you get some bigger ballers to deposit on your site.

[Kiritsugu]

Only 72 hours left to join our wagering competition!  Make sure you participate!

https://bitcointalk.org/index.php?topic=1792631.0

[JL421]

Hey admin I was thinking of something which will benefit all the people helping you advertise through your signature campaign. I know that you do pay a pretty good amount and I'm really happy about that but is it possible that you give like an extra bonus to all your participants or maybe like a huge bonus to a random member every week. Or maybe a special bonus of all people working in your campaign for 4 weeks. I can think of more I just wanted to give you an idea of what I was thinking.

[ko0ll0ove]

I've played in Yolo for more than 2 weeks and there are some profits in my cash back. Not much but enough for me to believe that Yolodice is a reliable dice site that everyone should try or even play as a main site in their betting carrer.
I just have one asking, should you celebrate a special day for your site every time. I mean, In that day (Tuesday for example), your faucet will increase the claim amount to 5k sat or something like that. I think that will attract more people to approach yolodice and ofcourse, that will easier for player who want to get more refs.
Anyway, good luck with your site profits.

[hollandvan]

I've played in Yolo for more than 2 weeks and there are some profits in my cash back. Not much but enough for me to believe that Yolodice is a reliable dice site that everyone should try or even play as a main site in their betting carrer.
I just have one asking, should you celebrate a special day for your site every time. I mean, In that day (Tuesday for example), your faucet will increase the claim amount to 5k sat or something like that. I think that will attract more people to approach yolodice and ofcourse, that will easier for player who want to get more refs.
Anyway, good luck with your site profits.

Yolodice is the best dice site so far, especially invest in house feature, it is the best one in the community. And people get high while rolling the thrilled game.

[moooonu]

I've played in Yolo for more than 2 weeks and there are some profits in my cash back. Not much but enough for me to believe that Yolodice is a reliable dice site that everyone should try or even play as a main site in their betting carrer.
I just have one asking, should you celebrate a special day for your site every time. I mean, In that day (Tuesday for example), your faucet will increase the claim amount to 5k sat or something like that. I think that will attract more people to approach yolodice and ofcourse, that will easier for player who want to get more refs.
Anyway, good luck with your site profits.

Yolodice is the best dice site so far, especially invest in house feature, it is the best one in the community. And people get high while rolling the thrilled game.

Its investment feature, its referral money and the site's admin. That's why i am on that site.

[ethan_nx]

I have just added new withdrawal option - batch withdrawals. You can now select your withdrawal to be included in a group transaction (as opposed to instant withdrawals with exclusive tx). Batch withdrawals take more time (up to a few hours), but are cheaper, only 0.0001 BTC my friend :-)

[tribanogrami]

This new option is so usefull. We can choose what we want now. I like this site and ur works. You r the best admin ethan Cheers