🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[leea-1334]

What you explained is the definition of dynamic.  Thats exactly how I would explain it. If someone adds a big investment to the bankroll the max bet goes up. If a lot leaves, it goes down. It adjusts as the bankroll does.....

I had to explain the same exact thing to someone in DM chat asking why the max bet keeps changing if it is dynamic,,, and I had to keep telling them that dynamic is the opposite of static. Which, in any case, does not happen in most crypto casinos because their max bet and max wins are usually based on the total available bankroll whether or not they accept public participation to bankroll.

Now I know that not everyone will up and leave all together but you can't really just risk that could you? I could do that in any other currency because there isn't much going on with them, but eth will have staking, so people may take their money out to go out and stake with it. I still think its too risky.

I do not understand what you mean by risk. What exactly is the risk you are talking about here?

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[fullhdpixel]

^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.

However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.

[rawdog11]

^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.

However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.

Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.

Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.

[nakamura12]

whta do we need to fill in yolodice when you log in. I forgot to save the email that I use in yolodice site and I am not sure anymore what password I used but I do remember the name and user id number of my account. I haven't tried to contact the support email yet and one more thing is I set my wallet address when withdrawing btc but the wallet doesn't support sign message so logging in would be hard for me. Anyone can help?. Is it username?, email?, or user id.

When you login, you would use a login name that you set when you made the account (not email or UID).  It could have been the same as your chat username (if you used the same for both), but most people do not use the same for both.

I saw your ticket in the support mail, and I already marked it for Ethan (he is the only one that can help with account recovery stuff) as soon as I saw it, but he has not been online yet.  Once he is, he'll see it and maybe he can help you.

Any news about it?. I really don't remember what gmail I used since I use many gmails on different sites to avoid using my main gmail and get flooded some emails that I don't want or getting my main gmail exposed to scammers. I am sure you know thar some scammers use email to lure people into sending money just to steal their money. I only remembered the username and I could also  provide the transaction I made on that account. The name is Chesska with a chess piece  picture white color.

[fullhdpixel]

-snip-

Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.

Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.

Let me make it as layman terms as I could think of and explain it. We have coins BTC, LTC, DOGE right? Let's take these three into account.

We also have ETH which is what we are talking about and we are going to look for differences. The topic is investment, and why investment could change max bet and how it could affect the gambling. Now on BTC, LTC, DOGE we do not have any new 2.0 type of improvement that will change the coin at all, it will be all the same without any changes, just same old same old thing.

On ethereum we have 2.0, we have proof of work becoming proof of stake, which means more reasons to hold it and not give it to a casino. Now when you have ETH investment and there is 10k eth invested and you get to bet 100 eth, suddenly that could be 100 eth invested and 1 eth gambling, don't you see how that would be bad for the casino?

[Kiritsugu]

-snip-

Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.

Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.

Let me make it as layman terms as I could think of and explain it. We have coins BTC, LTC, DOGE right? Let's take these three into account.

We also have ETH which is what we are talking about and we are going to look for differences. The topic is investment, and why investment could change max bet and how it could affect the gambling. Now on BTC, LTC, DOGE we do not have any new 2.0 type of improvement that will change the coin at all, it will be all the same without any changes, just same old same old thing.

On ethereum we have 2.0, we have proof of work becoming proof of stake, which means more reasons to hold it and not give it to a casino. Now when you have ETH investment and there is 10k eth invested and you get to bet 100 eth, suddenly that could be 100 eth invested and 1 eth gambling, don't you see how that would be bad for the casino?

Firstly, I think you're worrying a bit too much about a hypothetical situation that would likely never happen.  It seems REALLY unlikely that 90%+ of the ETH bankroll would be withdrawn, most investors are investors for the long haul, and even then the bankroll isn't public yet anyway.  Even if people did and the bankroll was public, that's just the nature of the beast of a dynamic bankroll; it changes.  People know that.

I don't see at all how it would be "bad for the casino".  There's four different coins, people could just play in a different currency (as you said "let's take these three into account", except you ignored them completely).  There's not much point in creating some unrealistic apocalypse scenario where the bankroll drops by 99% just to support your claim - as Rawdog said, this is all speculation anyway.

Just 2 weeks ago the LTC Max Bet went from ~20 coins to ~90 coins because some investor invested ~7,000 LTC, then they withdrew it and the Max Bet dropped back down (a few days later it seemed they invested again), but during that time that the bankroll dropped by  ~78%, I didn't hear a peep from anyone - no complaints.  People just played as they normally would, or played in different coins.

[fullhdpixel]

^ Of course it is a speculation, of course we do not know what the ETH investors will do, hell we do not even know WHY yolodice do not have ETH investment option to begin with, I am not affiliated with them, I was just here trying to guess what could be the reason and got absorbed into this never ending discussion.

However I would definitely agree with the staking plus the investing thing. Think about it, you put your ETH into yolodice, it is there staking when nothing happens, it is making you a profit no matter what, and then there are gamblers who lose, so you make money on that as well, and maybe ethereum gains value so you earn from that as well.

Suddenly someone who bought 100 dollar bitcoin has maybe 150 dollars worth of bitcoin at the very best situation but you investing your eth to yolodice at the same time for 100 dollars would have 250 dollars out of nowhere easily thanks to all three reasons of making profit.

[leea-1334]

^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.

Sorry I did not notice you were actually replying to me, but anyway, Kiritsugu and others already point out that yes, in theory, you have a point but in practice,,, there is nothing to worry about.

You argument applies to all investments. Why would I invest my gold into a savings account if I could sell it when it suddenly shoots up? But nobody does that with gold they sell it for longterm or for emergency. Holder mentality is not about now, but about targets.

And as we all point out, even if what you say comes true, no public bankroll does nothing negative to the casino.

Anyway, more important now is the weekend is here! Happy gambling everyone:)

[fullhdpixel]

Kiritsugu and others already point out that yes, in theory, you have a point but in practice,,, there is nothing to worry about.

You argument applies to all investments. Why would I invest my gold into a savings account if I could sell it when it suddenly shoots up? But nobody does that with gold they sell it for longterm or for emergency. Holder mentality is not about now, but about targets.

And as we all point out, even if what you say comes true, no public bankroll does nothing negative to the casino.

Anyway, more important now is the weekend is here! Happy gambling everyone:)

Yeah, I agree that I might have overreacted on the ETH deal, I just wanted to point out the difference between ETH and others due to the ETH 2.0 talks and wanted to make sure that people realize the difference. However even though there is a huge difference between ETH investments due to ETH 2.0 and others, it is still probably not as marginal as I made it out to be.

I just wanted to make it a big and silly example so that people could see the difference, otherwise I doubt it would be huge one second and nothing on another second. At the end of the day yolodice knows what is good for them better than we do.

I hope that they will continue to do their business the way they are doing right now for a long time, they deserve the spot they are in and being liked by everyone including us with all the amazing stuff they have done.

[Emitdama]

At the end of the day, doesn't matter if it is a good idea or a bad idea, yolodice should have ETH investment not just because it would be profitable for the casino but it would be profitable for the investors as well. Think of a situation where you would be capable of investing into yolodice and also stake at the same time, you would make a ton of money. Plus ethereum is the second biggest coin in the world right now behind bitcoin, which means if you have an option to invest ETH it would get so much more attention than any other coin except bitcoin.

This is why it will probably have a huuuuge bankroll as well and when you have huuuuge bankroll you will have a higher max bet chance as well which means a bigger chance of whales coming in and losing a ton of money here as well (even maybe on other coins too).

[Kiritsugu]

Hey everyone!  We just started a new competition (in addition to the regular weekly ones), it's an ETH Number Hunt!  You can find more info on YD's Bonus page, or here: https://bitcointalk.org/index.php?topic=5259279.0

This time we've got 20 ETH (+50% of ETH site profits) split across 30 prizes, so plenty of chances to take a spot!

[Bitinity]

Nice to see the number hunt competition is back, it is a pure luck competition. All we need to do is to bet and wish the luck to hit low number especially ZERO. Just checked the current competition and there is 1st winner already, so fast. Prizepool is also jumped 50% already from the guaranteed prizepool. With this kind of additional prizepool from the site's profit, participants of the competition will hope that there will be many ETH whales lose their ETH during the competition so the prizepool will be significantly increased

[btcltcdigger]

Damn, i took a big hit in my investments..


BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...


Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out

[Timetwister]

Damn, i took a big hit in my investments..


BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...


Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out

Time to gamble to win it back...

[btcltcdigger]

Damn, i took a big hit in my investments..


BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...


Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out

Time to gamble to win it back...

Hah i love your optimism, however with my darned luck, i'd end up loosing it all
Dice hates me, and i hate dice. Whenever i gamble with tokens, i seem to win, as soon as i switch to BTC, down it goes into the gutter

[passwordnow]

I like the design you used for this promotion. This is nostalgic, the dog duck hunt game during the child days.
Good luck to the people that will participate this ETH number hunting.

[imstillthebest]

...

I like the design you used for this promotion. This is nostalgic, the dog duck hunt game during the child days.
Good luck to the people that will participate this ETH number hunting.

any reason why they use this image for promotion but yeah it brings back so much memories as im addicted on that game too using a gun controller  .

 first thing that come to my mind is doge coin because of the dog on the duck hunt game but i see on  the writings that they reward eth ,  isnt that contradicting .

[joksim299]

I like the design you used for this promotion. This is nostalgic, the dog duck hunt game during the child days.
Good luck to the people that will participate this ETH number hunting.

I'm bit late, first spot is already reserved.

[wozzek23]

At the end of the day, doesn't matter if it is a good idea or a bad idea, yolodice should have ETH investment not just because it would be profitable for the casino but it would be profitable for the investors as well. Think of a situation where you would be capable of investing into yolodice and also stake at the same time, you would make a ton of money. Plus ethereum is the second biggest coin in the world right now behind bitcoin, which means if you have an option to invest ETH it would get so much more attention than any other coin except bitcoin.

This is why it will probably have a huuuuge bankroll as well and when you have huuuuge bankroll you will have a higher max bet chance as well which means a bigger chance of whales coming in and losing a ton of money here as well (even maybe on other coins too).

Things are not that easy, yolodice barely brought bank investment to their website, do you really think that yolodice would be easily implement something that would allow you to both have a bankroll here but at the same time stake your eth and make profit in both ways?

I am not saying it is impossible but for a website that barely got the investment part back on, helping others to also stake as well as invest to bankroll would be too much of a difficulty on the development part of the situation. However without that, it would mean that yolodice could stake on your behalf and get all the staking profits from it if you just invest and not get any staking in return, which means yolodice would make unfair profit.

Hence, they either going to do something that is unfair, or just nothing at all, I rather the nothing at all one.

[passwordnow]

image

I like the design you used for this promotion. This is nostalgic, the dog duck hunt game during the child days.
Good luck to the people that will participate this ETH number hunting.

I'm bit late, first spot is already reserved.

It will end on July 8 so you still have time to defeat whoever is on the first spot. The minimum prize pool guaranteed of 20 ETH increased to 31.744 as of this moment.
And there's a chance that it will go higher so congratulations to those who are currently on the winning places. Hope you maintain it up to the end of the hunt.