beerlover
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Activity: 3010
Merit: 1188
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November 27, 2019, 07:41:57 AM |
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One million doge worths around 2311 dollars, it is not as much as people think, it is still a lot and I feel like it is definitely a great number to give out as a competition but lets be real, 2311 dollars is not as insane as people might be reacting. It is around 2.7 million right now lets calculate 3 million for the sake of future possible increases and that is around 7 thousand dollars as well.
Now, once again it is a great number, giving out 7 thousand dollars is definitely amazing, but when you say "3 million doge!!" it sounds like you are giving away hundreds of thousands of dollars but lets remember doge is a very low satoshi coin and the giveaway is just 7 thousand, not 700 thousand like some people are reacting. It is amazing, but just not that amazing.
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ethan_nx (OP)
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November 27, 2019, 08:25:38 AM Last edit: November 27, 2019, 09:28:25 AM by ethan_nx |
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One million doge worths around 2311 dollars, it is not as much as people think, it is still a lot and I feel like it is definitely a great number to give out as a competition but lets be real, 2311 dollars is not as insane as people might be reacting. It is around 2.7 million right now lets calculate 3 million for the sake of future possible increases and that is around 7 thousand dollars as well.
Now, once again it is a great number, giving out 7 thousand dollars is definitely amazing, but when you say "3 million doge!!" it sounds like you are giving away hundreds of thousands of dollars but lets remember doge is a very low satoshi coin and the giveaway is just 7 thousand, not 700 thousand like some people are reacting. It is amazing, but just not that amazing.
3 million dogecoins definitely sound better :-) Anyway, the prize pool just crossed the 3,500,000 DOGE mark, which is a bit more than 1 BTC. The top prize is over 1,000,000 DOGE too. It's getting hot - and there are still 13 hours left. Cheers, Ethan
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MonsterV
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Activity: 2212
Merit: 1008
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November 27, 2019, 11:23:50 AM |
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Now, once again it is a great number, giving out 7 thousand dollars is definitely amazing, but when you say "3 million doge!!" it sounds like you are giving away hundreds of thousands of dollars but lets remember doge is a very low satoshi coin and the giveaway is just 7 thousand, not 700 thousand like some people are reacting. It is amazing, but just not that amazing.
Contest prizes will always be adjusted according to the duration of the contest, the longer the contest is held, the greater the prize. And this contest only runs for one week so with a prize of 3 million doge in my opinion is very much with such a short time. This also includes the developer strategy so that the contest can run long and gradual, so just enjoy it because you can still probably be in first place in each contest.
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panjul07
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Activity: 3612
Merit: 1369
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November 27, 2019, 03:08:40 PM |
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Now, once again it is a great number, giving out 7 thousand dollars is definitely amazing, but when you say "3 million doge!!" it sounds like you are giving away hundreds of thousands of dollars but lets remember doge is a very low satoshi coin and the giveaway is just 7 thousand, not 700 thousand like some people are reacting. It is amazing, but just not that amazing.
Contest prizes will always be adjusted according to the duration of the contest, the longer the contest is held, the greater the prize. And this contest only runs for one week so with a prize of 3 million doge in my opinion is very much with such a short time. This also includes the developer strategy so that the contest can run long and gradual, so just enjoy it because you can still probably be in first place in each contest. No it is not based on the duration of the contest. Yolodice wagering contest has fixed minimum prize plus 50% of the site profit during the contest. The prize is basically 1 million doge only on the beginning, it is increased to 3.8 million doge now because of the 50% of profit earned by the site during the contest. It may back down to 1 million doge if there is/are players win big before the end of the contest.
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hatshepsut93
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Activity: 3038
Merit: 2160
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November 27, 2019, 06:24:54 PM |
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I have a quick question about YOLOdice - are users allowed to have multiple accounts (without referring themselves, ofcourse). I'm thinking about promoting my referral link, but for privacy reasons I want to do so with a different link that I have now.
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ethan_nx (OP)
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November 27, 2019, 08:15:28 PM |
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I have a quick question about YOLOdice - are users allowed to have multiple accounts (without referring themselves, ofcourse). I'm thinking about promoting my referral link, but for privacy reasons I want to do so with a different link that I have now.
Sure, you can have multiple accounts, as long as you don't abuse them. Cheers, Ethan
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ethan_nx (OP)
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November 27, 2019, 09:16:37 PM |
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The competition just ended, I think it was the most wagered Dogecoin competition we had, with the highest prize pool. We ended up with the prize pool of over 4,400,000 DOGE, and the main prize was ~ 1,320,000 DOGE.
Congratulations everyone and thanks for the fun!
Cheers, Ethan
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joksim299
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Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
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November 28, 2019, 12:24:23 AM |
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The competition just ended, I think it was the most wagered Dogecoin competition we had, with the highest prize pool. We ended up with the prize pool of over 4,400,000 DOGE, and the main prize was ~ 1,320,000 DOGE.
Congratulations everyone and thanks for the fun!
Cheers, Ethan
This contest was the best except first Eth competition with lots of action and excellent prizes! I miss number hunt competitions, hope you thinking about organizing one
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leea-1334
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November 29, 2019, 06:19:51 AM |
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Well done to the winnar who took most prize and much wins!
Of course 1 million doge now is "only 2,300" dollars at the moment but all of us doge lovers are waiting for the next time 1 DOGE = 100 satoshi again, right? And then, 1 million doge becomes 1 BTC. Imagine how much BTC would be then, then you can imagine how much you have;)
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leea-1334
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December 06, 2019, 01:14:47 PM |
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Nice seeing guys get all the luck with Doge;) Bets 4121 doge on 33x and wins. I did not see the roller make any other bet too from what I could tell, so the gods were smiling on him,,,
Dice bet id #6478334831 by user MYTARGET100BTC (246170).
My inspiration for a Friday;)
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leea-1334
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December 09, 2019, 06:44:58 AM |
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Just had a weird hour where the jackpot was hit 3 times now, but all for tiny amounts of doge and LTC. What's the most any of you have ever seen? Plenty more to win of course, but bet amounts have to be higher;)
ETH jackpot is the biggest one, so suggests someone is about to hit it,,, just make sure the value is big enough;)
Bitcoin Jackpot: 0.14813228
Litecoin Jackpot: 9.89368019
Ethereum Jackpot: 13.36601634
Dogecoin Jackpot: 137528.891657
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panjul07
Legendary
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Activity: 3612
Merit: 1369
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December 09, 2019, 08:13:02 AM |
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Just had a weird hour where the jackpot was hit 3 times now, but all for tiny amounts of doge and LTC. What's the most any of you have ever seen? Plenty more to win of course, but bet amounts have to be higher;)
ETH jackpot is the biggest one, so suggests someone is about to hit it,,, just make sure the value is big enough;)
Bitcoin Jackpot: 0.14813228
Litecoin Jackpot: 9.89368019
Ethereum Jackpot: 13.36601634
Dogecoin Jackpot: 137528.891657
Jackpot is always nice to hit, but there is always minimum bet amount to win the whole jackpot amount. Not all players are able to bet that much, usually jackpot hunters bet smaller amount to get some percent of the jackpot only. While whales who can afford to bet higher is not really focusing to hit jackpot, as most of them hunt for profit by betting but if they hit the jackpot then it will be a nice bonus.
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Bitkoyns
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December 09, 2019, 12:55:58 PM |
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Just had a weird hour where the jackpot was hit 3 times now, but all for tiny amounts of doge and LTC. What's the most any of you have ever seen? Plenty more to win of course, but bet amounts have to be higher;)
ETH jackpot is the biggest one, so suggests someone is about to hit it,,, just make sure the value is big enough;)
Bitcoin Jackpot: 0.14813228
Litecoin Jackpot: 9.89368019
Ethereum Jackpot: 13.36601634
Dogecoin Jackpot: 137528.891657
This is just one of the thingsI like about Yolodice, everybody have a decent chance to hit the jackpot because the minimum amount for the jackpot is very low and even users using the faucet amount can hit it. I myself hit it a few times already but unfortunately only with small amount like 5% of the jackpot amount
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joksim299
Legendary
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Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
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December 09, 2019, 02:37:22 PM |
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Just had a weird hour where the jackpot was hit 3 times now, but all for tiny amounts of doge and LTC. What's the most any of you have ever seen? Plenty more to win of course, but bet amounts have to be higher;)
ETH jackpot is the biggest one, so suggests someone is about to hit it,,, just make sure the value is big enough;)
Bitcoin Jackpot: 0.14813228
Litecoin Jackpot: 9.89368019
Ethereum Jackpot: 13.36601634
Dogecoin Jackpot: 137528.891657
This is just one of the thingsI like about Yolodice, everybody have a decent chance to hit the jackpot because the minimum amount for the jackpot is very low and even users using the faucet amount can hit it. I myself hit it a few times already but unfortunately only with small amount like 5% of the jackpot amount Their jackpot is not hard to win at all, I have won few with faucet. People who are making larger bets have real chance of hitting one of the jackpots.
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Lakai01
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Activity: 2436
Merit: 2880
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December 09, 2019, 08:33:00 PM |
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Their jackpot is not hard to win at all, I have won few with faucet. People who are making larger bets have real chance of hitting one of the jackpots. So you are saying that you have a real chance to hit the jackpot with earnings from faucets only? Is the jackpot tied to the amount you wagered? Eg if you wagered just a few bits the amount of the btc in the jackpot is lowered, too?
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joksim299
Legendary
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Activity: 2198
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Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
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December 09, 2019, 09:09:26 PM |
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Their jackpot is not hard to win at all, I have won few with faucet. People who are making larger bets have real chance of hitting one of the jackpots. So you are saying that you have a real chance to hit the jackpot with earnings from faucets only? Is the jackpot tied to the amount you wagered? Eg if you wagered just a few bits the amount of the btc in the jackpot is lowered, too? No, I have won jackpot playing with free coins from faucet. They are proportional to bet amount, I am saying that people who are placing high bets have reall chance since it is not one in billion chance. Odds to hit jackpot are one in 100k and for example if you bet ETH it will be EV+ when prize reach 100 ETH
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sana54210
Legendary
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Activity: 3290
Merit: 1128
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December 10, 2019, 08:24:06 AM |
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The results are actually decent enough compared to other competitions when you look at it, yolodice must have found some dogecoins that were cheaper for them or a sponsor, otherwise if they did this in bitcoin they could have given out a lot of money.
Looking at all other competitions the biggest prize usually gets stuck around 0.05 at most (you can check other competitions yourself) so I think giving out close to 1.3 million doge right now means a whole lot of money and they gave that just for the winner, the total prize was closer to 4.5 million doge which is 10 thousand dollars to giveaway for competition, that is a whole lot of money. I don't know if the website was able to recover that much from the wagering but I doubt it was that successful for them.
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Kiritsugu
Legendary
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Activity: 1570
Merit: 1041
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December 10, 2019, 11:01:12 AM |
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The results are actually decent enough compared to other competitions when you look at it, yolodice must have found some dogecoins that were cheaper for them or a sponsor, otherwise if they did this in bitcoin they could have given out a lot of money.
Looking at all other competitions the biggest prize usually gets stuck around 0.05 at most (you can check other competitions yourself) so I think giving out close to 1.3 million doge right now means a whole lot of money and they gave that just for the winner, the total prize was closer to 4.5 million doge which is 10 thousand dollars to giveaway for competition, that is a whole lot of money. I don't know if the website was able to recover that much from the wagering but I doubt it was that successful for them.
Honestly this post just smells like forum spam for a sig campaign. Did you even read the competition rules? The prize pool grows along with site profits. Sure, the prize pool total started at 1M DOGE, but the only reason the prize pool grew to 4.4M DOGE is because the site generated more than that in profits, and added 50% of all DOGE profits made during the competition to the prize pool. Most of our competitions cost Ethan 0.50-0.75 BTC to run initially, not including if someone wins a bunch during the competition (or potential site gains due to the house edge). We do not have "sponsors", and we don't get them any cheaper than anyone else does.
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Lakai01
Legendary
Offline
Activity: 2436
Merit: 2880
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December 10, 2019, 05:57:36 PM |
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-snip- Honestly this post just smells like forum spam for a sig campaign. Did you even read the competition rules?
The prize pool grows along with site profits. Sure, the prize pool total started at 1M DOGE, but the only reason the prize pool grew to 4.4M DOGE is because the site generated more than that in profits, and added 50% of all DOGE profits made during the competition to the prize pool.
Most of our competitions cost Ethan 0.50-0.75 BTC to run initially, not including if someone wins a bunch during the competition (or potential site gains due to the house edge). We do not have "sponsors", and we don't get them any cheaper than anyone else does.
The post was too comprehensive to be a sig spam in my opinion, if he wanted to spam he would have stopped after the first sentence Regarding your second paragraph ... shouldn't we completly cut out possible gains from the players during the competitions, the house edge kicks in anyways? All in all the competition would not take place if the yolodice lost a significant amount of money?
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leea-1334
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The post was too comprehensive to be a sig spam in my opinion, if he wanted to spam he would have stopped after the first sentence Regarding your second paragraph ... shouldn't we completly cut out possible gains from the players during the competitions, the house edge kicks in anyways? All in all the competition would not take place if the yolodice lost a significant amount of money? That is because the spammers are getting smarter these days. They think if they add 2 or 3 paragraphs people will not see them as spammers. But clearly, he was commenting on something old, and not even something he understood. If he spent just a few minutes to read, he would not have even made those comments. Which unfortunately is what a lot of people are doing in the gambling thread nowadays. The sports section especially is just full of spam posters who probably never even watch the team or placed a sportsbet in their life. Also not sure what you mean. The competition costs Yolo upfront. ethan puts in money into the prize pool, which is why they all have a GUARANTEED prize pool. If profits are made, 50% goes to the prize pool. So as you can clearly see in the last competition, the site made a profit, even after paying out the guaranteed prize pool. In this example: Prize pool: 1M (upfront cost) Total added to prize pool: 3.4M Thus, 3.4M profit was made, after deducting 1M for the upfront cost, the site made 2.4 M from the contest.
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