🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[barbara44]

Well, investing into doge is also a smart move because people love to make bets with doge as well, since it looks so low, you end up betting 1000 doge and it looks a lot but in reality it is like just 5000 satoshi and not a big amount, just feels right. Investing into casino is a long term thing so I do applaud the fact that he is looking for 6-12 months, that is exactly what you should be aiming at, I would say by 12 months you will probably have something like 50% profit by the end.

I know that requires a bit of luck because just as 12 months is ending some whale could come up and win like a million doge and you would have a big loss, but unless something unexpected like that happens you will end up with a good amount of profit in 12 months. I can't wait to see the results even from today.

[btcdice.org]

Well, investing into doge is also a smart move because people love to make bets with doge as well, since it looks so low, you end up betting 1000 doge and it looks a lot but in reality it is like just 5000 satoshi and not a big amount, just feels right. Investing into casino is a long term thing so I do applaud the fact that he is looking for 6-12 months, that is exactly what you should be aiming at, I would say by 12 months you will probably have something like 50% profit by the end.

I know that requires a bit of luck because just as 12 months is ending some whale could come up and win like a million doge and you would have a big loss, but unless something unexpected like that happens you will end up with a good amount of profit in 12 months. I can't wait to see the results even from today.

Thanks for your encouragement, let's try.

[Reid]

First investment was on 2020-06-05, and invest it regularly by period, no matter it's loss or gain.

Worst situation for me is loss -10% around (due to whale win; but after couple of weeks, it's back to +gain profit anyway), best situation for me is gain +12% around.

Anyway, just let it be and see 6-12 months later how it looks like...

I love it when someone shares with green colors on it. 
It's encouraging for me and might also be for others who are reading it.
Good luck to us.

I know that requires a bit of luck because just as 12 months is ending some whale could come up and win like a million doge and you would have a big loss, but unless something unexpected like that happens you will end up with a good amount of profit in 12 months. I can't wait to see the results even from today.

I don't think it will hurt more when you invested a load of time.
We are already looking at whales betting large amounts and they had been winning.
But, it doesn't put us to zero.
12 months is a long time, unexpected events could just rob days from it. 

[Maus0728]

Hey everyone,

Just got a little curious and got a lot of time at my disposal and I decided to study how can I verify the hash result of my bet produced in YOLOdice website.

So far, I am stucked and I am having a hard time to understand what is the difference between installing the bet validator as a gem and cloning it from the git repository? Wanted to share with you that I have lots of wins than losses and got curious how this "roll" works under the hood.

Thank you.

[barbara44]

I know that requires a bit of luck because just as 12 months is ending some whale could come up and win like a million doge and you would have a big loss, but unless something unexpected like that happens you will end up with a good amount of profit in 12 months. I can't wait to see the results even from today.

I don't think it will hurt more when you invested a load of time.
We are already looking at whales betting large amounts and they had been winning.
But, it doesn't put us to zero.
12 months is a long time, unexpected events could just rob days from it. 

I am not saying it would put you in zero, I just meant it would be changing the approach. Like for example you can invest for 12 months, you could make 47% profit in one year as an example, well for one minute it is 47% and another minute it is 46% because some whale won. Obviously it is not changing it too much but like I said the moment they play they could change the outlook a bit, is 46% a bad investment? Obviously not, it is an amazing investment return however whale just dropped it 1%.

So, what I was trying to say that do not just look at one picture of what happens, look at the bigger picture, look at what happened after each week. Invest on Monday, and after that check every Sunday for 52 weeks and see the increase with your eyes. Just one picture doesn't really reflect how awesome it can be.

[rawdog11]

Hey everyone,

Just got a little curious and got a lot of time at my disposal and I decided to study how can I verify the hash result of my bet produced in YOLOdice website.

So far, I am stucked and I am having a hard time to understand what is the difference between installing the bet validator as a gem and cloning it from the git repository? Wanted to share with you that I have lots of wins than losses and got curious how this "roll" works under the hood.

Thank you.

If you're looking for a validator, here's one https://rgbkey.github.io/yolodice-verifier/#/ (note, this is a 3rd party verifier)

If you want the one created by ethan here is the link https://github.com/ethan-nx/yolodice-validator

As far as how the rolls work under the hood, check out the FAQ and scroll down just a little. The algorithm and everything is all there https://yolodice.com/#faq

[Emitdama]

I am not saying it would put you in zero, I just meant it would be changing the approach. Like for example you can invest for 12 months, you could make 47% profit in one year as an example, well for one minute it is 47% and another minute it is 46% because some whale won. Obviously it is not changing it too much but like I said the moment they play they could change the outlook a bit, is 46% a bad investment? Obviously not, it is an amazing investment return however whale just dropped it 1%.

So, what I was trying to say that do not just look at one picture of what happens, look at the bigger picture, look at what happened after each week. Invest on Monday, and after that check every Sunday for 52 weeks and see the increase with your eyes. Just one picture doesn't really reflect how awesome it can be.

As long as you do invest and not look at it, it is you that matters and nobody else, if people are not sure about what they want to do with their own money, nobody has to convince them. If you want to invest, there are many examples of how you could make more money with investment, that alone is a good enough indicator itself but you are not going to suddenly get to hear someone saying it is bad and a bunch of people will come up and say it is bad and suddenly everything will change, it is usually good and people will tell you that.

If you are not sure and you do not want to move depending on what people say, just because you get some pictures that should not change your idea, that only supports what is already being said anyway, it is not like a new information. Hence, do your own research before you invest and go ahead with it if you are sure.

[btcdice.org]

Actually, from my personal perspective, if it's ROI/year is >10-15%, then it worths to put into it.

It's much more than putting money in Bank...anyway...

As I am just an easier to satisfied person.

[FatFork]

Actually, from my personal perspective, if it's ROI/year is >10-15%, then it worths to put into it.

That's exactly right. The only thing is that your investment is so close to the gambling platform. So, you need a good measure of self-control not to succumb to temptation and not to gamble all your investment.

Well, you know, that is what I did, so I'm speaking from personal experience.

[ultrloa]

Actually, from my personal perspective, if it's ROI/year is >10-15%, then it worths to put into it.

That's exactly right. The only thing is that your investment is so close to the gambling platform. So, you need a good measure of self-control not to succumb to temptation and not to gamble all your investment.

Well, you know, that is what I did, so I'm speaking from personal experience.

Everyone experience the same that's why it's better to control ourselves on not the chase our profits or losses so that whenever bad times happen we will able to cope those losses on next time around and also to make sure we secure the existing process if good times occur to us. Greediness is one of our worse enemy here so provably we will spend more attention and discipline to maximize things.

[Reid]

Actually, from my personal perspective, if it's ROI/year is >10-15%, then it worths to put into it.

That's exactly right. The only thing is that your investment is so close to the gambling platform. So, you need a good measure of self-control not to succumb to temptation and not to gamble all your investment.

Well, you know, that is what I did, so I'm speaking from personal experience.

Same.
Trust is not an issue. Yolodice had been running for a long time so its safe to say you can keep your investment for a long time.
But, can you keep your cool? 

When you are looking at the bookmarked Yolodice website, it's like there is someone whispering at you to click it and gamble. 
It's a daily decision to make.

[RealMalatesta]

I have always said that there is a correlation between gamblers and investors as well, not that many gamblers can see it but many investors can see that. If you are an investor you are actually risking your money, you are saying that you would rather lose that money in investment and would like to see it not happening and instead making money but you are risking it.

What is the difference between that and playing dice? Not really that much to be honest with you. That is why I think investors know that deep inside they are gamblers as well, just not playing on provably fair and instead here you are the one that is getting the house edge as the investor. If you avoid playing and losing that investment, you could make above %10 per year very easily, but people would want more because of the risks involved.

[ReiMomo]

I have always said that there is a correlation between gamblers and investors as well, not that many gamblers can see it but many investors can see that. If you are an investor you are actually risking your money, you are saying that you would rather lose that money in investment and would like to see it not happening and instead making money but you are risking it.

What is the difference between that and playing dice? Not really that much to be honest with you. That is why I think investors know that deep inside they are gamblers as well, just not playing on provably fair and instead here you are the one that is getting the house edge as the investor. If you avoid playing and losing that investment, you could make above %10 per year very easily, but people would want more because of the risks involved.

Although it's hard for me to understand what is your trying to say but at least at the end it's all about investment and the gamblers.

Yes, they had a correlated relation because as an investor you can also gamble on the gambling platform. I assume that you meant to say, you must seperate the fund on gambling and the fund of your investment. This is very crucial becaue you maybe wipe out and emptied your bankroll without knowing you if you dont have financial management.

Anyway, good to see that there are too many members here who invest Yolodice. That's a good of making profit.

[FatFork]

I have always said that there is a correlation between gamblers and investors as well, not that many gamblers can see it but many investors can see that. If you are an investor you are actually risking your money, you are saying that you would rather lose that money in investment and would like to see it not happening and instead making money but you are risking it.

What is the difference between that and playing dice? Not really that much to be honest with you. That is why I think investors know that deep inside they are gamblers as well, just not playing on provably fair and instead here you are the one that is getting the house edge as the investor. If you avoid playing and losing that investment, you could make above %10 per year very easily, but people would want more because of the risks involved.

Well, I think there is a big difference between gambling and investing. True, investing and gambling both involve taking a calculated risk. A chance taken after careful estimation of the most probable outcome.
But, when gambling, the house always has an edge - a mathematical advantage that a casino has over its players. Another key difference is that gamblers have fewer ways to mitigate losses than investors.

[StephenJH]

I have always said that there is a correlation between gamblers and investors as well, not that many gamblers can see it but many investors can see that. If you are an investor you are actually risking your money, you are saying that you would rather lose that money in investment and would like to see it not happening and instead making money but you are risking it.

What is the difference between that and playing dice? Not really that much to be honest with you. That is why I think investors know that deep inside they are gamblers as well, just not playing on provably fair and instead here you are the one that is getting the house edge as the investor. If you avoid playing and losing that investment, you could make above %10 per year very easily, but people would want more because of the risks involved.

Well, I think there is a big difference between gambling and investing. True, investing and gambling both involve taking a calculated risk. A chance taken after careful estimation of the most probable outcome.
But, when gambling, the house always has an edge - a mathematical advantage that a casino has over its players. Another key difference is that gamblers have fewer ways to mitigate losses than investors.

Just add the broker fees to the table and you will see the big difference. The middleman take the order from investor/trader and execute the order in global liquidity markets, the fees can be small but the rollover swap and other fees are almost as same as house edge in casinos. No matter, investor win or loss the broker is always winner and middlemen have zero interest about profit/loss ratio of investor. Housed edge of gambling platform=Broker fees on spot forex(Slots=Metatrader 4 in this case)

[RealMalatesta]

^That is what I was saying as well, when you have trading fee, you have to consider that when you are trading, so you can be a day trader who is doing all kinds of trades every single day but if you are not doing it properly that means you might lose in the long run due to the trading fee, that is basically what the house edge is.

Trading and Gambling is obviously not the exactly the same thing, of course there are differences and mathematically speaking you could always become a good trader or you could just hold bitcoin for a very long time until you profit but gambling would always result with a loss if you continue for too long however you can't deny that even though there are differences between them, there are also a lot of similarities between them as well that makes them so much resembling each other.

[leea-1334]

I personally have lost 5% since I started so don't know how you are doing the calculations...

Sorry,,, I did not see your response to my post. I was referencing the period of weekly investments during my post. It went down, then I divested and gambled back to win it all,,, then invested back in. I do this every week around Wednesday to Friday. A week after that, I was all in profit.

But regardless, my All time stats are in profit. We all start in different times?

[janggernaut]

Sorry,,, I did not see your response to my post. I was referencing the period of weekly investments during my post. It went down, then I divested and gambled back to win it all,,, then invested back in. I do this every week around Wednesday to Friday. A week after that, I was all in profit.

But regardless, my All time stats are in profit. We all start in different times?

You did gambled your money to win back your investment amount which went down/dropped in every week? does that sound like "investing in yolodice always ended up with losing"?

[SUPREMOCOC]

I personally have lost 5% since I started so don't know how you are doing the calculations...

Sorry,,, I did not see your response to my post. I was referencing the period of weekly investments during my post. It went down, then I divested and gambled back to win it all,,, then invested back in. I do this every week around Wednesday to Friday. A week after that, I was all in profit.

But regardless, my All time stats are in profit. We all start in different times?

Since June 9th. Of course if I gamble my investment I can have some profit but I can lose it all too. The point is to earn something "secure" in the long run. By the way, my investment is -4% right now.

[Taskford]

I personally have lost 5% since I started so don't know how you are doing the calculations...

Sorry,,, I did not see your response to my post. I was referencing the period of weekly investments during my post. It went down, then I divested and gambled back to win it all,,, then invested back in. I do this every week around Wednesday to Friday. A week after that, I was all in profit.

But regardless, my All time stats are in profit. We all start in different times?

Since June 9th. Of course if I gamble my investment I can have some profit but I can lose it all too. The point is to earn something "secure" in the long run. By the way, my investment is -4% right now.

You should know the risk before investing in casino since there's no secure profit could be given since sometimes the house lose on their gamblers to so expect this thing happen sometimes and might on the other day the house recover and you will earn positive in the next day.I suggest not to open your investment in the site for it on the given period.