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Author Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021  (Read 143286 times)
Slark
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March 14, 2017, 12:40:35 PM
 #681

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 agree to that but currently many people are winning so i see the profit reducing investing 10x leverage can be risky
With 10x leverage multiplier your investment can evaporate faster than you could blink. Been there done that.
The best option is to simply invest more money and don't play around with pennies and expect your luck will help you.
Current minimum investment of 0.005 BTC is unfitted to bring you profit it is more suited for testing purposes, more real option is 0.05 BTC or more.
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maydna
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March 14, 2017, 03:02:27 PM
 #682

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 agree to that but currently many people are winning so i see the profit reducing investing 10x leverage can be risky
With 10x leverage multiplier your investment can evaporate faster than you could blink. Been there done that.
The best option is to simply invest more money and don't play around with pennies and expect your luck will help you.
Current minimum investment of 0.005 BTC is unfitted to bring you profit it is more suited for testing purposes, more real option is 0.05 BTC or more.

last week i am trying to invest with 0.01 btc and today i see that my invest is grow, at least i can take 0.0005xxx in my profit but i think i am not confident to make invest with more than that, maybe later i will do it. but yes, this investment is works good for me.
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March 15, 2017, 07:17:29 AM
 #683

Investments works good when done for long term, leverage 10x is a quite good option for those who wants to increase their investment in short time but it comes with a risk too. You are always welcome to  invest in yolodice at different leverages with different amounts.
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March 15, 2017, 10:01:20 AM
 #684

A small teaser: we are going to launch a new wagering competition, most likely later today. Prizes will be higher than last time. Stay tuned!

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March 15, 2017, 10:13:30 AM
 #685

A small teaser: we are going to launch a new wagering competition, most likely later today. Prizes will be higher than last time. Stay tuned!
hmm cant wait for the next competition, good luck!

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BTCevo
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March 15, 2017, 01:46:07 PM
 #686

It does not matter if it has been lowered or not because if you want to get decent profit you really need to invest more. There is no way that you can get decent profit by investing like 0.005 amount and what is the point of investing that low amount? It will just wasting your time

You are right, small investment cant make a decent profit, but for some people who never invest will be happy if they can try to invest with small amount. The point here is "to try" before they go for bigger investment.

I think that any amount of BTC is valuable.
Yes i agree, you will not earn much but its better to put here 0.005 rather a hyip/doubler/scam from the start site and as dustboy said, the point is to try... Smiley


And then why you are not saving it more before you can start to invest? You are really wasting time if you are investing that small amount. Lets say you invest in a month and I can guarantee that your profit dont even worth a penny. And why you even try it when it does not worth?

But one way to "saving" is to invest or at least, take some taste of it.
i'm not disagree with you, you will not get something worth to mention it but you will see how it works.

And as Ethan said... Smiley


Nahh, for me it just not work to invest that small amount though, if you want to get some profit why using small amount? This will just wasting your time? The profit you get it not worth enough for the time you spend. The profit you get from investing small amount can be gotten from faucet or may be gambling a little amount your money and that will be a good profit
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March 15, 2017, 04:02:00 PM
 #687

Our newest wagering competition just went LIVE!  Come get your share of prizes and win up to 0.50BTC!

https://bitcointalk.org/index.php?topic=1828054.0
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March 15, 2017, 04:12:13 PM
 #688


I humbly invite you to check out YOLOdice, a Bitcoin-based dice game we've been working on for the last 2 years. Try it, give us feedback, enjoy!



@yolodicegame on Twitter

Breaking news: WAGERING COMPETITION with 1BTC prizes is now live
https://bitcointalk.org/index.php?topic=1828054.0




Here are some highlights of YOLOdice:

  • It's fast — players place bets and get responses within milliseconds
  • Customizable keyboard shortcuts
  • 1% house edge — low enough for players, high enough for investors' profit.
  • It's provably fair — game outcome can be independently verified (every decent game does it nowadays, right?).
  • One can either play or invest in bankroll — test your luck immediately or invest long-term.
  • Investments with leverage — an easy way to increase share in profits at the cost of increased volatility.
  • Awesome stats and charts - tools for both players and investors.
  • Mobile-friendly - thanks to responsive design it looks good and works on desktops, tablets and phones.
  • It's secure — 2FA, cold wallets, server-side security (no, we are not using BitGo).
  • Extensive FAQ - find out how the game exactly works.
  • Community-friendly
  • Chat with channels and PMs
  • Faucet - get free coins (up to 3000 Satoshis per click, starts with 200 per click for new users)
  • Autoplay mode - sit and watch :-)
  • Referral program - get 0.2% of wagered amount of your referrals
  • 0-confirmation deposits (BETA) - deposits with decent network fees are credited to your account within 10-15s. this is a new feature and confidence settings are rather conservative, so not every deposit will be accepted this way.
  • Bet validator - fast, open-source "Provably fair" algorithm validator written in Ruby is hosted on GitGub, also available as a Ruby gem,
  • Night mode - save your eyes when playing at night,
  • API (BETA) - create bots and play like a pro! take a look at dev.yolodice.com,
  • Instant or grouped withdrawals - withdraw fast or cheap, the fees start at 0.0001 BTC,
  • DiceBot support,
  • Transparent development - suggest new ideas, report bugs, see what's planned and what we are working on via our public Trello boards.



Why?

When Just-Dice closed in 2014 we were so addicted to this kind of entertainment that we felt something has to be done. Our goal was to give people (and ourselves) a similar level of adrenaline, a sense of community and a chance to play (and invest) with their favorite crypto currency. We knew it would be difficult, given the number (and quality of some) of existing Bitcoin games, but hey, why not?

At the time we were stuck coding a multi-coin pool, but decided to pivot. It took a while because we've been working on other projects meanwhile. YOLOdice ended up as a pretty demanding project too.

What's your goal?

Believe it or not, we want YOLOdice to be a fun place to chat, play and spend time. We want to provide an exciting game for these who want to play and a modest investment for these who prefer to see predictable income. It wouldn't be fair if we said we do not care about our profits at all, but we never put money first. It's the cool stuff we do that drives us. We definitely want to establish a trusted site with long-term relationships with investors and players.


Who are you?

We are 2 developers currently living in (coldish) Europe. We have been closely working together for about 10 years now, one of our project is a pretty popular web publishing platform. I am close to 40yo, have a wife, a few kids and have always liked challenging projects. I was a computer geek since I was 7yo (ZX81, ZX Spectrum if anyone remembers?) and witnessed the computer and Internet revolution first person. Now I am hoping to witness and be a part of economy changes (in which Bitcoin could play its role).
My Bitcointalk account (ethan_nx) is fresh because I would like to keep some privacy.

@yolodicegame on Twitter

Any feedback is welcome!

Thanks and cheers!

Love this, and love the site...great job!
PlanetOfBets
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March 15, 2017, 07:43:29 PM
 #689

Dear YOLOdice,my rank is Sr Member now. I have updated the signature for the Sr. Member rank. Please update your spreadsheet.
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March 15, 2017, 10:06:44 PM
 #690

With 10x leverage multiplier your investment can evaporate faster than you could blink. Been there done that.
The best option is to simply invest more money and don't play around with pennies and expect your luck will help you.
Current minimum investment of 0.005 BTC is unfitted to bring you profit it is more suited for testing purposes, more real option is 0.05 BTC or more.

No, it's a good idea to always use the highest amount of leverage. If you plan on investing 1 BTC, instead invest 0.1 BTC @ 10x leverage, to reduce your counter party risk (YoloDice running away). You would still make/lose the same as if you invested 1 BTC, but you only have 0.1BTC tied up. The only reason to not use leverage is if you want to invest an amount smaller than 0.01BTC (For YoloDice specifically, depends on the min investment)

taking a break - expect delayed responses
Lionidas
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March 15, 2017, 11:13:43 PM
 #691

Dear YOLOdice,my rank is Sr Member now. I have updated the signature for the Sr. Member rank. Please update your spreadsheet.

That reminds me too.
I upgraded to hero member just last week so I should of checked to see if I got paid at that rate last round.
To be sure to have it changed before the next payment date for this week at least.
noodle_dam
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March 16, 2017, 12:41:34 PM
 #692

A small teaser: we are going to launch a new wagering competition, most likely later today. Prizes will be higher than last time. Stay tuned!
This is great news!
It keeps the gambling crew on yolodice on their toes.
I love the site thanks for another competition so soon! Grin

paul gatt
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March 16, 2017, 01:13:01 PM
 #693

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
rytyr
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March 16, 2017, 01:47:54 PM
 #694

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.
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March 17, 2017, 01:38:38 AM
 #695

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.

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ethan_nx (OP)
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March 17, 2017, 02:58:11 PM
 #696

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

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March 17, 2017, 03:43:18 PM
 #697

site profite over 58 btc Profit

nice site for play dice
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March 17, 2017, 04:20:28 PM
 #698

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
 #699

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.

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March 17, 2017, 06:57:23 PM
 #700

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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