🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[alani123]

I got a big loss strike on the dice game when I was playing with DOGE. I was just trying the automatic bet feature and was AFK.
Happened after I had done around 10k wagers while playing with a win probability of 49.5%.




Goes to show that you aren't safe from martingale. Ain't no strategy that beats the house in the long term. Good luck to everyone that's trying though! Luck is what you need.

[beerlover]

Warrn Buffet has a nose for money. You can't really compare us to him

As for long term, i agree. But you have to realize, most people are impatient, and check their balance every day (i know i do), and when they see few consecutive days of negative numbers, we start to worry.
Few days of that, and weak hands kick in, and well, you know the rest...

Well, you do not have to be like him, that is not really something anyone can easily do, it is really not that easy at all, however one thing is for sure, if you watch him closely from his start to finish, you will realize that there are few things you can do in your life that mimics his life style and even if you do not make as much money as he did, you would be at least outpacing inflation and that means you would be getting richer.

The whole point of that message was to tell you that warren buffet has investments dating as further as as 1980's and if you are looking at 6 weeks of results or any "weeks" of results even if ts 50 weeks, you are not really doing yourself a justice. Find a 100% trusted investment and just put it in there for 10-20 years and you will realize that it is higher than you could ever imagine.

[Negotiation]

There are ways you can use multiple accounts and there are ways you can't. For example one big no-no is using multiple accounts to max bet on a game. Let's say there is a max bet of 1 bitcoin on a game, and you have 10 bitcoins you want to wager, you can't just open 10 accounts and wager 1 bitcoin on all of them. That is not allowed and that will get you banned and moreover you will not only get the wins and all of the bets will be voided but you will also lose that 10 bitcoin you played with as well.

But not here. Yolodice allowed using multi-accounts and can place a bet simultaneously. correct me if I'm wrong

On top of that, it's been awhile of my last hunt, I'll go try my luck later.

You're correct. Multiple accounts are fine to roll with. Major thing is only one account can be used in chat -- using multiple accounts in chat can lead to muting the users ability to chat.

The best advantage of using multiple accounts is that if there is a problem with one account we can easily chat with another account. In the case of convenience each trader uses multiple accounts It is much easier to evaluate and analyze.

[Maus0728]

~snip~
Goes to show that you aren't safe from martingale. Ain't no strategy that beats the house in the long term. Good luck to everyone that's trying though! Luck is what you need.

Me too! I have lost 0.01 BTC after 1 roll with 93% win probability.

There is no such thing as strategy in dice. However, even if there is no working strategy, people has the advantage to take over the so called "money management" and "knowing when to stop playing".

Last week, I have a capital of 0.01 BTC and luckily, it happens that I manage to gain 0.04 BTC only in a matter of few days. Combining your luck, money and emotion management will reduce the risk of losing  . Learned it the hard way.

[coinfinger]

I do not understand why would @doog not want people to use Clam. For starters CLAM is an old-school coin that doesn't have an owner, you know the ICO's and IEO's and so forth that we have today where the owners of a coin print 100% of all the coins beforehand (which we used to call premined and never looked at them) and than they sell you the made up coin? Well, yeah CLAM was before those days so there is no owner and there is no premine as far as I know.

Secondly if more and more places accept CLAM that means the price will go up, why? Because, people will buy clam to go out there and gamble, and they will probably lose as well and they will go out and buy some more, meanwhile house will earn a lot of clam but not sell them right away because they will want to have more and more clam in order to offer bigger and better bets for the gamblers. So, using clam actually works out for doog, he probably hopes everyone uses it.

I'm hearing rumours that Ethan still thinks that I don't want yolodice to support CLAM. It's not true. My position hasn't changed since the post I'm quoting above.

[vanfis]

Could someone please explain to me why is dilution fee for investing inactive? Without it each investor can divest on loss and gamble to cover small daily losses and then invest again. Dilution fee properly distributed to early investors is helping to build long term bankroll. Or am I missing something?

[Ryker1]

Could someone please explain to me why is dilution fee for investing inactive? Without it each investor can divest on loss and gamble to cover small daily losses and then invest again. Dilution fee properly distributed to early investors is helping to build long term bankroll. [Or am I missing something?]

Well, perhaps you missed something. Guess what? Reading on the FAQ.

["<sup>2% dilution fee - INACTIVE TILL FURTHER NOTICE
This is both a commission and source of extra profit for investors. Every time a new investment is opened, 2% of it's initial value is added to the site bankroll to all the other existing investments. This is to:

-protect existing investors from diluting their shares,
-encourage long-time investments,
-provide extra profit for long-time investors.

Although 2% sounds like a lot, the amount is likely to be earned back</sup>"]
https://yolodice.com/#faq
I hope I was on the right track of what you meant.

[jostorres]

~snip~
Goes to show that you aren't safe from martingale. Ain't no strategy that beats the house in the long term. Good luck to everyone that's trying though! Luck is what you need.

Me too! I have lost 0.01 BTC after 1 roll with 93% win probability.

There is no such thing as strategy in dice. However, even if there is no working strategy, people has the advantage to take over the so called "money management" and "knowing when to stop playing".

Last week, I have a capital of 0.01 BTC and luckily, it happens that I manage to gain 0.04 BTC only in a matter of few days. Combining your luck, money and emotion management will reduce the risk of losing  . Learned it the hard way.

When you try to talk to some people, unfortunately they do not listen about "no way to make money when there is house edge". This is a great showing, it shows that there is absolutely no other way to make money and all strategies are BS when it comes to fighting house edge. This dude played $10k rounds to reach here, so it is obviously not going to be very quickly, if you are lucky enough you could stop at a level where it is enough for you and not have to continue, that way you will stop when you are ahead, but as long as you continue, you are going to lose.

People should learn the difference between "can't win" and "can't win if you play long enough" because house edge could take your money away on the first 10 bets if you are unlucky, or you could go $10k rounds like this guy did and could stop.

[wozzek23]

Could someone please explain to me why is dilution fee for investing inactive? Without it each investor can divest on loss and gamble to cover small daily losses and then invest again. Dilution fee properly distributed to early investors is helping to build long term bankroll. [Or am I missing something?]

Well, perhaps you missed something. Guess what? Reading on the FAQ.

["<sup>2% dilution fee - INACTIVE TILL FURTHER NOTICE
This is both a commission and source of extra profit for investors. Every time a new investment is opened, 2% of it's initial value is added to the site bankroll to all the other existing investments. This is to:

-protect existing investors from diluting their shares,
-encourage long-time investments,
-provide extra profit for long-time investors.

Although 2% sounds like a lot, the amount is likely to be earned back</sup>"]
https://yolodice.com/#faq
I hope I was on the right track of what you meant.

Yeah, 2% is definitely a smart method to make sure that people stay in long term. Makes no sense that anyone would just get in and get out free willy without any problem. If there are long term investors who happen to wait for over a year and investors who get out after a week. This is inactive for now of course, so anyone can get in and get out but eventually it will be activated one day. Plus the amazing thing about this is the fact that yolodice is not getting all the money back to themselves, they could just say 2% dilution goes to their own pockets and nobody could say anything about it, but no, they are not doing that at all, they are actually doing it for long term investors so that is something that could be appreciated as well by long term investors that casino is looking out for them.

[Reid]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

[leea-1334]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

Well done;) I actually hit it twice within a few hours a couple of months ago,,, I actually never hit Jackpot anywhere else strangely enough;) But that is because jackpot here can also be hit with a small wager, so lucky us;)

Oh by the way someone won big last week. Checked my invested and it lost 2%,,, players keep getting lucky at Yolo;)

[eXtremal]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

Wow, the incredible victory you received at Yolodice, only a little capital you get multiplied profits in winning the jackpot
Things like this are very rare, hmm I am interested to follow it, hopefully I can be as lucky as you are 

[Bitinity]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

Wow, the incredible victory you received at Yolodice, only a little capital you get multiplied profits in winning the jackpot
Things like this are very rare, hmm I am interested to follow it, hopefully I can be as lucky as you are 

Basically it is not that rare, as you can at Yolodice that jackpot hit happens so frequent. I myself hit it several times already few years back. Proof : http://imgur.com/a/LINAJIZ and there are still some other jackpots hit before the ones on the screenshot. My biggest win from the jackpot was 0.026btc and it was my first hit 3 years ago ( September 2017). What you need to do is just keep playing and wish for the luck to come, the higher your bet then the higher jackpot amount you'll get.

[bitcoinisbest]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

No matter how small it is or big, victory is always special and so is the jackpot. You have won it and that is a special moment for you and also shows that people do win the jackpot though it may be once in a while and for some it does not happen no matter you play it for many times and still do not even win any jackpot. It was your lucky day and you won it. Congrats again and keep playing but always be in control and should know when to stop it.

[Reid]

Wow, the incredible victory you received at Yolodice, only a little capital you get multiplied profits in winning the jackpot
Things like this are very rare, hmm I am interested to follow it, hopefully I can be as lucky as you are 

Thanks.
You could do it too. Just keep on betting. 

No matter how small it is or big, victory is always special and so is the jackpot. You have won it and that is a special moment for you and also shows that people do win the jackpot though it may be once in a while and for some it does not happen no matter you play it for many times and still do not even win any jackpot. It was your lucky day and you won it. Congrats again and keep playing but always be in control and should know when to stop it.

Indeed.
I never thought about it until a notification pops out. 

Basically it is not that rare, as you can at Yolodice that jackpot hit happens so frequent. I myself hit it several times already few years back. Proof : http://imgur.com/a/LINAJIZ and there are still some other jackpots hit before the ones on the screenshot. My biggest win from the jackpot was 0.026btc and it was my first hit 3 years ago ( September 2017). What you need to do is just keep playing and wish for the luck to come, the higher your bet then the higher jackpot amount you'll get.

Yes, especially for those who are doing it 24/7.
It is just a normal thing.
Maybe it was more special for me because before I did the bets I saw the history of BTC jackpots and thought there is no chance I will get it.
Last win was 4 days ago.

[FinneysTrueVision]

Yes, especially for those who are doing it 24/7.
It is just a normal thing.
Maybe it was more special for me because before I did the bets I saw the history of BTC jackpots and thought there is no chance I will get it.
Last win was 4 days ago.

I think it happens more often than that. They just don't display every single jackpot hit on there. Last time I won a jackpot it was for a tiny amount of Doge and my username didn't show up under recent wins.

[leea-1334]

I think it happens more often than that. They just don't display every single jackpot hit on there. Last time I won a jackpot it was for a tiny amount of Doge and my username didn't show up under recent wins.

Ya it happens a lot more than that for sure, we only see our own hits as not all the small hits from us tiny whales are shown on the public leaderboard. Not very sure what the threshold is but I think only 1% of Jackpot and above will show? Anyway,,, all those tiny jackpots add up in the long run:)

[eXtremal]

Yes, especially for those who are doing it 24/7.
It is just a normal thing.
Maybe it was more special for me because before I did the bets I saw the history of BTC jackpots and thought there is no chance I will get it.
Last win was 4 days ago.

I think it happens more often than that. They just don't display every single jackpot hit on there. Last time I won a jackpot it was for a tiny amount of Doge and my username didn't show up under recent wins.

Yes they might just show the players who won a large amount or with their capital, because in general it is not possible to show all the winners there, of course it will slow down the display, for me it does not need to be announced if only get a small victory, and for I have no meaning in describing names, what is important is that at least we benefit from victory 

[SUPREMOCOC]

Hi all, are there any banners available to promote yolodice? I'm making a website and I want some banners but not the ones for bitcointalk, they don't work in my web.

[jostorres]

My 1st jackpot.
Ohh! I have never been this happy.  
I know it's not that big but it rarely happens.

No matter how small it is or big, victory is always special and so is the jackpot. You have won it and that is a special moment for you and also shows that people do win the jackpot though it may be once in a while and for some it does not happen no matter you play it for many times and still do not even win any jackpot. It was your lucky day and you won it. Congrats again and keep playing but always be in control and should know when to stop it.

Yes, the price point doesn't matter unless you were going for a huge amount of profit in your gambling anyway. It is the feeling that is enough and that is why I think it is quite important that you won! I know that even when playing with funny small amounts, winning has always made me feel awesome, and I am talking about regular winning.

Considering I am playing with small amounts on 50% chance to win, that is literally almost every other one that I win and that still makes me happy. So, I could easily say that hitting the jackpot must be feeling awesome and great, that way you are talking about something that is very rare. Plus a jackpot has the great chance to give you enough bankroll to continue gambling the way you always did for a very long time, without ever having to deposit.