🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[Hatcher]

The competition has just ended, and it ended with the prize pool of... 402 ETH!. Pretty awesome, thanks to everyone for joining! And stick with us - we are planning more competitions soon.

Cheers,
Ethan

The real reason you won't open other coin investments to the public is because you want to continue to give away all your money

That's our dillema exactly - owning the bankroll allows us to run these crazy competitions. Once we invite other investors we couldn't fill the prize pool with site profit. It's like have a cake and eat a cake.

If you know any reasonable way out of this - let me know!

Cheers,
Ethan

You can suspend everyone's investment but yours while a competition is in progress. During this time their investment doesn't move at all, but they can still divest if they like.

[ethan_nx]

That's our dillema exactly - owning the bankroll allows us to run these crazy competitions. Once we invite other investors we couldn't fill the prize pool with site profit. It's like have a cake and eat a cake.

If you know any reasonable way out of this - let me know!

Cheers,
Ethan

You can suspend everyone's investment but yours while a competition is in progress. During this time their investment doesn't move at all, but they can still divest if they like.

That sounds reasonable - but the logic behind "pausing" an investment looks pretty complex.

Another thing that might be reasonable is to add only x% of the site profit to the prize pool. But then you get only x% of fun... But this is the simplest one.

[JL421]

The competition has just ended, and it ended with the prize pool of... 402 ETH!. Pretty awesome, thanks to everyone for joining! And stick with us - we are planning more competitions soon.

Cheers,
Ethan

400 ethereum damn just saw the results as usual most the winners are still in loss even though the price pool was as high as 400 ethereum but still congrats to all winners

[veleten]

That's our dillema exactly - owning the bankroll allows us to run these crazy competitions. Once we invite other investors we couldn't fill the prize pool with site profit. It's like have a cake and eat a cake.

If you know any reasonable way out of this - let me know!

Cheers,
Ethan

You can suspend everyone's investment but yours while a competition is in progress. During this time their investment doesn't move at all, but they can still divest if they like.

That sounds reasonable - but the logic behind "pausing" an investment looks pretty complex.

Another thing that might be reasonable is to add only x% of the site profit to the prize pool. But then you get only x% of fun... But this is the simplest one.

alternatively,you can do a mixture of both,but reverse the x%:
you announce the date of the competition start and the investors get that coin investments on hold
BUT,they get a share of the total prize pool in % distributed among them,say 5-15%? proportional to their investment after the competition ends
this way the prize pool will not suffer too much and it may draw more investors because of the guaranteed,risk free profit

[ethan_nx]

alternatively,you can do a mixture of both,but reverse the x%:
you announce the date of the competition start and the investors get that coin investments on hold
BUT,they get a share of the total prize pool in % distributed among them,say 5-15%? proportional to their investment after the competition ends
this way the prize pool will not suffer too much and it may draw more investors because of the guaranteed,risk free profit

For now I think we'll stick with LTC and ETH for these competitions. I am working on an exchange now. Once it's complete I think we can celebrate it with another competition. For now - happy bidding and thanks!

Cheers,
Ethan

[ethan_nx]

We have bumped the ETH bankroll and jackpot a bit. Happy bidding!

[Kiritsugu]

It's hard to win this game.
p/s: can someone give me some bonus Merit point?

No, but I can report your Merit-begging to the forum Moderators.

[jpcfan]

awesome contest guys. last 2 contests were amazing.


you guys know dooglus is a free agent now and you should sign him exclusive  betting contract right away.

before betking offers a free buffet contest with bacon

[BTCevo]

It's hard to win this game.

I believe on every gambling games it will always be this hard and that hard, unless you have some skill and luck to boost your winning chance. Without those, I can see you are going no where with it. More over if you are playing with chance games like dice, you may have set lower chance to increase the payout but if you can't even hit it so this will be nothing

[hung7520]

I've also played on bitslers for a while. I realize that luck is necessary for every player (if the outcome of the game is not dominated by the house)

[JL421]

I've also played on bitslers for a while. I realize that luck is necessary for every player (if the outcome of the game is not dominated by the house)

First you beg for merits and not this out of context post seriously, if you want go discuss on gambling discussion if you have any questions regarding yolodice ask here

[Lionidas]

awesome contest guys. last 2 contests were amazing.


you guys know dooglus is a free agent now and you should sign him exclusive  betting contract right away.

before betking offers a free buffet contest with bacon

A free agent in what regards?
Does he still not own just dice because I briefly remember seeing a dice site already occupying his signature space.
But being of legendary status does have it's influental degree to bringing in more players to the site.

[JL421]

awesome contest guys. last 2 contests were amazing.


you guys know dooglus is a free agent now and you should sign him exclusive  betting contract right away.

before betking offers a free buffet contest with bacon

A free agent in what regards?
Does he still not own just dice because I briefly remember seeing a dice site already occupying his signature space.
But being of legendary status does have it's influental degree to bringing in more players to the site.

Maybe you never know but honestly speaking with the current ethereum contest seeing the price pool going so high in just few days yolodice doesn't need influencers it's already a well established dice site now which has a long way to go

[jpcfan]

awesome contest guys. last 2 contests were amazing.


you guys know dooglus is a free agent now and you should sign him exclusive  betting contract right away.

before betking offers a free buffet contest with bacon

A free agent in what regards?
Does he still not own just dice because I briefly remember seeing a dice site already occupying his signature space.
But being of legendary status does have it's influental degree to bringing in more players to the site.

Maybe you never know but honestly speaking with the current ethereum contest seeing the price pool going so high in just few days yolodice doesn't need influencers it's already a well established dice site now which has a long way to go

yolo is a great site. just like the bulls were great team with MJ


doog is MJ

[JL421]

Hey ethan can you give a update regarding opening investments for ltc and also are you planning to add more coins in the future if yes can we have a glimpse of what they are going to be?

[trepxtz]

Hey ethan can you give a update regarding opening investments for ltc and also are you planning to add more coins in the future if yes can we have a glimpse of what they are going to be?

+1. Looking forward to investments being opened up.

[ethan_nx]

Hey ethan can you give a update regarding opening investments for ltc and also are you planning to add more coins in the future if yes can we have a glimpse of what they are going to be?

+1. Looking forward to investments being opened up.

I can feel the enormous pressure on opening the investments. I am really happy to see so many people willing to invest in LTC and ETH. We are working on a new "commission model" that I hope you'll like. I'll post about it a little more later. We also want to start the exchange first. I cannot give you exact timeline though. But I'll keep this thread up-to-date so if you follow it, you'll be the first to know!

Cheers,
Ethan

[RGBKey]

I'm happy to say that in the 7 months that AM has been operational, it has now responded to over 100,000 commands!

Thanks to the community for supporting my bot, and I hope that people will continue to use it.

[ethan_nx]

I'm happy to say that in the 7 months that AM has been operational, it has now responded to over 100,000 commands!

Thanks to the community for supporting my bot, and I hope that people will continue to use it.

And thanks to YOU for creating and running AM bot! It constantly adds much fun and useful utilities in the chat!

Cheers,
Ethan

[condoras]

I can feel the enormous pressure on opening the investments.

So, when you will open them?

I am really happy to see so many people willing to invest in LTC and ETH. We are working on a new "commission model" that I hope you'll like. I'll post about it a little more later.

I don't blame anyone who want to invest his coins in a very reputable dice site, like yours. You and your team achieve to be among the best and people support this.

We also want to start the exchange first.

One question. The exchanger will be set/made in a "fixed" price buy-sell, like automated and instantly change from one currency to another or it will be free to the members to put their own price? You will have orderbook? I hope that you understand what i'm trying to say.   

But I'll keep this thread up-to-date so if you follow it, you'll be the first to know!

I will for sure.