🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[arallmuus]

I always wondered why they don't just stick to one place that pays out, since that's generally what I do (trust, loyalty?), but I guess most gamblers are a bit superstitious and move on when they feel their hot streak has ended... which seems to be the case for this guy.

There is no point to stick on one site unless there is some decent amount of rakeback offered. It is either you win or you lose, if you win right now then there is a good chance you are going to lose next so why bother wagering on the same place. Either that guy has withdrawed or probably he is trying to cool down for now, Im guessing it to be the former option but he probably still has some left after withdraw  

LTC bankroll got fat, how low did it go when it was murdered?

Around 3k ish , There was over 8k LTC profit before the player won and it was going to down to probably 3k. Right now it is back to 4.8k LTC with the player losing probably close to 1k LTC

[1714745892]

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[BlackFor3st]

I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

[FatFork]

I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

Yes, the jackpot is available to anyone. Any bet that hits the jackpot with bet amount less than indicated by f will win only a portion of the jackpot. The exact amount of jackpot winnings is calculated using the above formula. f is the minimum bet amount to win the whole jackpot and varies for each cryptocurrency.

For example:
If you hit the jackpot with a bet amount of 1 LTC you will win the whole jackpot.
If you hit the jackpot with a bet amount of 0.5 LTC you will win 50% of the jackpot amount.

[panjul07]

I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

AFAIK there is no minimum bet requirement for the jackpot, means that you can win it with any bet amount.
You'll always get a percentage from the jackpot based on your bet amount.
The smaller your bet amount, the smaller percentage you'll get from the jackpot and vice versa.
Just take a look at the jackpot winner history, there are some examples of jackpot hit with small bet in ETH and BTC.

[Reid]

It's really crazy to see where these altcoin whales go sometimes. I always wondered why they don't just stick to one place that pays out, since that's generally what I do (trust, loyalty?), but I guess most gamblers are a bit superstitious and move on when they feel their hot streak has ended... which seems to be the case for this guy. LTC bankroll got fat, how low did it go when it was murdered?

If I am to put myself in their position. I won't either.
After a win I might try something else.
Don't want to get stuck doing the same thing over and over again and just keep on losing it. 

Superstitious beliefs will always be there.
Winning that high will make you escape for days and enjoy it. But I am sure they will be back. 

[wiss19]

If I had that much money, doesn't matter how much more money, I would totally not gamble on a crypto casino, I am just too poor to imagine that I could risk that much money away. You could give me 200 billion dollars (yes with a B) and I would still be too afraid to gamble this way, I am just not that type of person, I wouldn't even have that kind of money because if I ever get even remotely close to couple million dollars I would just sell all and put it on savings account and live off the interest without trying to go even bigger.

What is the need to have so much money when you could just live a comfortable life without ever worrying about money, that is like 5 million dollars max even for a person who lives in USA, in my nation you could live forever with 500k (well not forever, until you die) without worrying about money.

[rawdog11]

I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

1. it must be a winning bet
2. it must be a roll of _77,777 (as in if you roll 777,774 it is NOT a jackpot, but 477,777 would be)

f is the multiplier used in the formula, which changes based on the coin
percentage_of_jackpot_won = 100 * bet_amount * f

so if you roll 0.01 BTC you would get 100%=100*0.01btc*100
if you roll 0.001 BTC you would get 10%=100*0.001btc*100

if you roll 10,000 DOGE you would get 100% = 100*10,000doge*0.0001
if you roll 100 doge you would get 1%= 100*100doge*0.0001

[Kiritsugu]

I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

1. it must be a winning bet
2. it must be a roll of _77,777 (as in if you roll 777,774 it is NOT a jackpot, but 477,777 would be)

f is the multiplier used in the formula, which changes based on the coin
percentage_of_jackpot_won = 100 * bet_amount * f

so if you roll 0.01 BTC you would get 100%=100*0.01btc*100
if you roll 0.001 BTC you would get 10%=100*0.001btc*100

if you roll 10,000 DOGE you would get 100% = 100*10,000doge*0.0001
if you roll 100 doge you would get 1%= 100*100doge*0.0001

Yeah, just to clarify, what you (BlackFor3st) said in your initial post is incorrect.  You said "f is the minimum bet amount" but it's not, it is a multiplier that changes based on the currency.  If you physically click on the Jackpots at the top (its a button), it breaks the formula down for you, as well as the "minimum amount to win the whole jackpot", and you can bet less than this number to potentially win a percentage of the jackpot according to the formula, exactly as Rawdog said.

[Maus0728]

Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  

Seriously, this guy is insane. Is there any chance that he found a big security flaws?

[JohnBitCo]

If I had that much money, doesn't matter how much more money, I would totally not gamble on a crypto casino, I am just too poor to imagine that I could risk that much money away. You could give me 200 billion dollars (yes with a B) and I would still be too afraid to gamble this way, I am just not that type of person, I wouldn't even have that kind of money because if I ever get even remotely close to couple million dollars I would just sell all and put it on savings account and live off the interest without trying to go even bigger.

What is the need to have so much money when you could just live a comfortable life without ever worrying about money, that is like 5 million dollars max even for a person who lives in USA, in my nation you could live forever with 500k (well not forever, until you die) without worrying about money.

That's your thinking but some people play gambling to get fun only. Even I know people who are very rich and they play gambling to get enjoyment and in this process they lose money. Also some people think that interest are too low profit on the money and they want to try something which can give more profit like gambling.

[MFahad]

Lucky guy till he gets busted because if he is still continuing to bet with so much profits already made might even lose in the end just like what happened last time with the person who won in btc and then lose big time. Same might happen here as well also just thinking what is making him to continue when he has won such a huge qty already.

I fail to understand why can't people stop after getting adequate profit. I understand that he is lucky this time but this luck can turn into his bad luck anytime if he keep on playing. He should take profit and move on. Even if he want to play more, he should only use portion of his winning so all his money is not lost in case he loses.

[coingamblingreviews]

Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  

Seriously, this guy is insane. Is there any chance that he found a big security flaws?

Would be nice to hear Ethan comment on this as it seems pretty strange to destroy the bankroll twice like this and there is no leverage...

[snipie]

Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  

Seriously, this guy is insane. Is there any chance that he found a big security flaws?

Would be nice to hear Ethan comment on this as it seems pretty strange to destroy the bankroll twice like this and there is no leverage...

I believe ethan is monitoring the situation and if there is something suspicious, he will take some measures.
The guy is changing the seed continuously in the same run, so I assume if he hacked his seed somehow it will be a waste of time to change it like that..didn't check today bets yet but last time it was x2 chance with win/loss. Whether he is a good actor or a lucky guy!
One possible measure to slow down this massive win, is to reduce max bet amount.

[ethan_nx]

Well, the recent winner seems to have a lot of luck. I was constantly checking his bets and stats looking for anything unusual that would indicate it was not a fair game, but I found nothing so far. We looking at anything suspicious in our code and in server logs just to make sure nobody has access to server seeds, but we found no leak.

However, this clearly shows us that with max bet profit at 1% of site bankroll the volatility can be huge - probably too big for some investors to accept. Therefore, in order protect investors' interests and decrease variance a bit

we have decreased max bet profit from 1% to 0.5% of the bankroll
(for all coins)

We believe the new rates are still OK for most of the players (especially since the crypto/fiat has grown quite a bit recently), while providing more steady income for investors.

What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

While as an investor I hope to never see anything like this again, there's also something for players as we all witnessed these winnings - winning huge amounts is not impossible, quite the contrary.

Cheers,
Ethan

[coingamblingreviews]

Well, the recent winner seems to have a lot of luck. I was constantly checking his bets and stats looking for anything unusual that would indicate it was not a fair game, but I found nothing so far. We looking at anything suspicious in our code and in server logs just to make sure nobody has access to server seeds, but we found no leak.

However, this clearly shows us that with max bet profit at 1% of site bankroll the volatility can be huge - probably too big for some investors to accept. Therefore, in order protect investors' interests and decrease variance a bit

we have decreased max bet profit from 1% to 0.5% of the bankroll
(for all coins)

We believe the new rates are still OK for most of the players (especially since the crypto/fiat has grown quite a bit recently), while providing more steady income for investors.

What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

While as an investor I hope to never see anything like this again, there's also something for players as we all witnessed these winnings - winning huge amounts is not impossible, quite the contrary.

Cheers,
Ethan

Appreciate the quick response Ethan - very professional as always! I like that you are monitoring the logs and also cutting the max win to 0.5% should decrease volatility a lot.

[arallmuus]

What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

Think of the positive side of this, this totally serves as a warning for fellow investors that there is a risk in investing on a gambling site as well. Nowadays people tend to think that investing on a gambling site is safe haven while in fact it is not. This also serves as a positive message to fellow gambler out there that this site definitely pays out and more high rollers could be coming to the site to try their luck out as well 

[Timetwister]

I lost in the last hours way more LTC than I should have lost based on my percentage of the bankroll (around 2.5 times as much). I'm at -61% ROI, but the bankroll didn't decrease that much. How is that possible?

[examplens]

I lost in the last hours way more LTC than I should have lost based on my percentage of the bankroll (around 2.5 times as much). I'm at -61% ROI, but the bankroll didn't decrease that much. How is that possible?

the same thing is with me and I'm just thinking about it. I'm starting to be suspicious about the regularity.
the only logical explanation is that the winner reinvested all of his win amounts. So, we have almost the same, only other investors are owners.

[DarkStar_]

I lost in the last hours way more LTC than I should have lost based on my percentage of the bankroll (around 2.5 times as much). I'm at -61% ROI, but the bankroll didn't decrease that much. How is that possible?

It might be because there were a bunch of new large investments in the bankroll that took part in a lot of the upside and almost none of the downside. These investments are all up at least 10-15%:

[Timetwister]

I lost in the last hours way more LTC than I should have lost based on my percentage of the bankroll (around 2.5 times as much). I'm at -61% ROI, but the bankroll didn't decrease that much. How is that possible?

It might be because there were a bunch of new large investments in the bankroll that took part in a lot of the upside and almost none of the downside. These investments are all up at least 10-15%:

And who made all those new investments, the gambler? I don't really understand what happened, it's like the gambler divested a lot, then started playing, crushing the rest of investors that stayed and now has reinvested again.