🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[snipie]

Does this means that there will be no withdrawal fee at yolodice ? I didn't understand properly the 3rd point

3. Dilution fee concept is being abandoned

but after reading your post i conclude that all the withdrawal fee is removed if we move our money out of investments.

Dilution fee isn't used right now.
If we have it then any investor should pay X amount to open an investment and that fee will be distributed to other investors. So it is good for old investors but for the new ones, they are required to earn that amount before start profiting. It will limit also people from investing/divesting whenever they want.
To resume it is good for old long term investors and bad for new and short-medium term investment which will reduce the number of investors at the end.
A good move imo.

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[bitcoinisbest]

Overall this is the good move of the dilution fee as, considering how the large whale comes and clear the bankroll, so in such case even old investors at some point will think to close their investment and book some profits rather than losing that out if the whale wins big. Thus so not many I believe the old investors still may continue to hold it, though they will invest back again or may be invest/divest etc so not many would be effected in the long term.

[rawdog11]

--snip--

Oh my god! These are awesome new things that you added, these are major updates! None of them feel like small thing, and you have done them all at the same time all together as well, you could have done a lot more marketing if you announced them like once per month to maximize the marketing, they are all each individually awesome stuff.

First one is just plain smart, it makes sense that nobody has the power to bankrupt the bankroll suddenly, you have to win the max bet 200 times in order to bankrupt the bankroll, that is why I feel like it is great.

Second one is temporary because litecoin is really doing badly because of the fall, but until 31th of December it will definitely get better, by that time I am sure it will all recover. And last one is just pure bliss, no more fee for getting your money out!

There was never any fee to get your money out. The dilution fee was an IDEA that ethan had come up with. It was never implemented, and is now being removed completely.

[btcdice.org]

🔶 [DOGE][INVEST][YOLO][2020-JUL-04]🔶

https://bitcointalk.org/index.php?topic=5268481.0

https://yolodice.com

Investment opened: 2020-July-04

Amount: 100,000 DOGE

Update: 2020-Sep-1



Site Profit Over Time

[ethan_nx]

DOGE was definitely a good investment in the last couple of weeks. So was BTC. Over 30 BTC in 5 weeks should have given you around 10% ROI.

[snipie]

DOGE was definitely a good investment in the last couple of weeks. So was BTC. Over 30 BTC in 5 weeks should have given you around 10% ROI.

https://i.imgur.com/P44e5kc.png

Yeah true, my investment for example went from -4% to +12% in the last 5 weeks
I did also a short term investment in doge during the last few days and it was good too.
Is there anything new about ETH investment and/or other coin(s)?
Thanks ethan and the team.

[wiss19]

🔶 [DOGE][INVEST][YOLO][2020-JUL-04]🔶

https://bitcointalk.org/index.php?topic=5268481.0

https://yolodice.com

Investment opened: 2020-July-04

Amount: 100,000 DOGE

Update: 2020-Sep-1



Site Profit Over Time

That’s a cool thing to see that you have made over 21% profit in about 2 months of time, that means on average it is around 10% per month and that is around 120% a year on average, meaning you can double even 2.5x your profits here if you keep your money invested.

Now don't get me wrong there will be times when a whale comes in and takes away a lot of money from the bankroll however considering there is house edge, I believe there will be counter parts where whales lose a lot as well which will balance things out.

Obviously this is just a two month thing and I am sure over time we can see a lot better, a 6 month or even a 12 month trial would give a lot better and clear answers but at the time what we have right now shows that it is quite good actually and worthy of a good investment.

[ethan_nx]

Now if only BTC/USD was not dropping that fast... :-(

[condoras]

Now if only BTC/USD was not dropping that fast... :-(

It's not the first time and it won't be the last. It will rise again, as always...

[wiss19]

It is not really that much of a shock right now, think about it this way you have made 20% profit already (let's assume you invested at the same time as that dude who invested doge) and that means on 11k bitcoin price in 2 months you have taken from 11k to 13.2k and let's assume that bitcoin dropped, you are already in profit even with the fall that bitcoin has. That is an insane thing, while everyone losing money, you are in profit just because you invested into yolodice.

Of course it is not optimal, we would want bitcoin to go up, irrelevant of yolodice investment or not, everyone would want bitcoin to go up (except shorters) but at least, you are doing better than people who didn't invested. So right now, for the purposes of this place, we are actually doing fine even with btc drop.

[leea-1334]

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

[VanityWallets2015]

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

[btcdice.org]

   
🔶 [INVEST][YOLO][ BTC ][LTC][DOGE][2020-SEP-04]🔶

https://bitcointalk.org/index.php?topic=5268481.0

https://yolodice.com

=========================

Currency: BTC

Investment opened: 2020-Sep-04

Amount: 0.001 BTC

Update: 2020-Sep-09



Site Profit



=========================

Currency: LTC

Investment opened: 2020-Sep-04

Amount: 0.1 LTC

Update: 2020-Sep-09



Site Profit



=========================

Currency: DOGE

Investment opened: 2020-Sep-04

Amount: 2000 DOGE

Update: 2020-Sep-09



Site Profit

[leea-1334]

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

[reliable]

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.

[DarkDays]

Nice notice on LTC investments getting 35% discount on commissions (I did not notice it before). Been a very quiet week for my BTC invests, slightly in a small loss at the moment but sideways moving in reality. Guess people are sitting tight during this dip in crypto prices:)

I just saw it today, it's good thing that they lowered the commission to 35% well I thin this will be profitable for LTC investors on their bankroll I think I should try to invest a small amount of LTC to their bankroll I should take advantage this kind of promotion.

I see you play on Bitvest too yes? I redeposited a small investment there when Yolo closed their investments (temporarily) and from what I remember, they had a really big winner there wipe out people's profits for almost 2 years, just a few months ago. Always good to consider how to diversify your casino investments for sure and put it on as many reputable sites as possible:)

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.

That movements sure sounds like that of an authoritarian whale. Despite the LTC investors drop to nearly nothing it is surprising to me to see this quick recovery on behalf of Yolo. The fact that these guys are coming back means that this is an investors platform, given how they dealt with the emptying of their reserves.

In any case, such a move should have been anticipated as a casino if you don't expect a large reserve depletion every once in a while then there's no point in trying to convince others that your casino is worth being online.

[Maus0728]

Is there anything wrong with the connectivity on the website or is it just me who is having trouble getting inside?

Also, just noticed that the referral tab takes longer loading time than before.

[leea-1334]

Is there anything wrong with the connectivity on the website or is it just me who is having trouble getting inside?

Also, just noticed that the referral tab takes longer loading time than before.

It is fine from my side as I can see,,, just logged in now. I am not even on a direct connection, I am forced to use whatever line my office gives to me so if it seems manageable from my side, then it is probably 2 or 3 times faster for a normal connection.

Also referral tab is the same for me, no difference. How are you doing for refs? Mine is always at the same slow but steady pace:) But no new ones for about 2 weeks for some reason!

[bitgolden]

LTC whale who almost wiped the bankroll was in last month itself and LTC investors who had invested their investment fell like 90% or so. And their investment is still down by 80% and it may take months or even more until some big whale loses like the winner of last month. It’s the risk which has to be taken when investing in bankroll.

That movements sure sounds like that of an authoritarian whale. Despite the LTC investors drop to nearly nothing it is surprising to me to see this quick recovery on behalf of Yolo. The fact that these guys are coming back means that this is an investors platform, given how they dealt with the emptying of their reserves.

In any case, such a move should have been anticipated as a casino if you don't expect a large reserve depletion every once in a while then there's no point in trying to convince others that your casino is worth being online.

When one of those whales get super lucky and they end up wiping out profits and investments there is really nothing you or the website can do. Think of all the websites that has no investment option, they do end up getting those people as well and that is the most scary thought in my mind ever.

You start a casino, work on the coding and design parts like hell, give everything you have, reach a deal with a bank for line of credit or whatever so that you can cover the costs, and in the end someone comes in and wins millions of dollars in a streak leaving you with so much debt that you need to make profit without interruption ever for 2 years in order to make it back to where you started. It is really scary, for both casino and investors, but gamblers have to win time to time to show the world how it is possible as well.

[leea-1334]

You start a casino, work on the coding and design parts like hell, give everything you have, reach a deal with a bank for line of credit or whatever so that you can cover the costs, and in the end someone comes in and wins millions of dollars in a streak leaving you with so much debt that you need to make profit without interruption ever for 2 years in order to make it back to where you started. It is really scary, for both casino and investors, but gamblers have to win time to time to show the world how it is possible as well.

Which is why a good casino has good bankroll management and in the case of public investments, a good way to make that all part of the equation. I have seen such a case in my few years where a new casino came in and did that exactly, so sadly it was the end for them.

But the simplest way to prevent this,,, and we all know variance happens even to the house,,, is to limit the maximum winnings per bet, and to limit other things as tiny percentages of total bankroll. It is more complicated than this of course and Yolo does have quite a complex structure but I think there is a lot of faith in it from investors at the moment because of the track record.

It is all about time as you somewhat say. Long-term, variance is defeated.