🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[numanoid]

~snip
Think about it, you put your ethereum into a casino, it makes you money + it is also staking for you + eth price goes up at the same time, you are literally earning triple the income from just putting it in one place. If they can do something like that, yolodice will probably get so much eth investment that it would be unfair to anywhere else. This would increase the numbers a ton as well.

They had open ETH investment, but just like i've said, they have closed it atm and might be they will open again in the future if they want.
Yolodice has 4,3k ETH as their site profit atm which looking so good to invest indeed, but let see whether they will re-opened or not about investment on it. Since there aren't many sites opened for public investment, they could bring more people to invest on their site.

[1714000679]

1714000679

[jaberwock]

They had open ETH investment, but just like i've said, they have closed it atm and might be they will open again in the future if they want.
Yolodice has 4,3k ETH as their site profit atm which looking so good to invest indeed, but let see whether they will re-opened or not about investment on it. Since there aren't many sites opened for public investment, they could bring more people to invest on their site.

That is what I am saying, they had a very profitable ETH deal and people were investing and they were really entertained by the idea of having their ETH both making profit for them but also increasing in price as well. I do not know why it was cancelled, I am sure they have a very valid reason why it was cancelled and why they are not putting it back right now, but I feel like it is not going to be a forever deal.

I feel like they will definitely get it back, but putting it back today could be a bit risky because you are dealing with that much coding and development and you are putting it in there just before there is eth 2.0 and now you have to deal with more things. So at the end of the day they should probably wait for the new block and move in with 2.0 to add it again.

[Chikito]

Just a hypothetical.  I've been using google authenticator which doesn't work when you restore it from a backup on a new device.

Sure, you must re-download the application into a new device, you won't able to restore Google Authenticator from backup data. If you had a 2fa backup code you would be able to restore it to a new phone. you would also able to create 2fa from back up code to another offline device and using it as a credential login.

[Timetwister]

Why isn't Yolodice running promotions like before, like the number hunt one and things like that? Wagered per day is dropping a lot.

[qory]

Why isn't Yolodice running promotions like before, like the number hunt one and things like that? Wagered per day is dropping a lot.

I really think they should start doing some kind of promotions now, looks like they're players is starting to reduce from time to time or maybe just because the Bitcoins price getting higher and higher?

[redsun114]

Promotions and adding eth and all the other things that would get new users (or get back the old users that left) could be done but these are all temporary solutions, there needs to be a solution that brings people here for good and these suggestions are not any of that. I would say that adding new games could be the number one reason why people could leave their current casinos and come here.

As you have seen in the crypto casino world, most places nowadays have ton of games, even the biggest ones are now starting to deal with third party providers to allow users gamble in thousands of games, and even if you do not go with that route, most places have at least 5 or more games. So, adding new games to yolodice could be a more permanent solution to user numbers.

[Reid]

I really think they should start doing some kind of promotions now, looks like they're players is starting to reduce from time to time or maybe just because the Bitcoins price getting higher and higher?

That's also one thing to consider.
Since the price is high, they don't need to wager a lot of bitcoin. We could say that the wagered amount now is halved than the last few months.

As you have seen in the crypto casino world, most places nowadays have ton of games, even the biggest ones are now starting to deal with third party providers to allow users gamble in thousands of games, and even if you do not go with that route, most places have at least 5 or more games. So, adding new games to yolodice could be a more permanent solution to user numbers.

Suggestions were asked last time in this thread.
I voted for Keno. I think that is a fun game. Maybe they are working on something right now to boost the energy of the players.
Will it be a surprise Yolodice?  

Have you already lost it or not? What 2FA application do you use? I can recommend Authy because it has automatic backup function. So if you lose one device you can install and restore it to another one.

Thanks for the suggestion. I might try this coz my phone is on the brink of death.
All my backup 2FA keys (Google Authenticator) are jotted down on a piece of paper. Which sucks.

[leea-1334]

I do not think it is about Bitcoin price (wager amounts),,, yes for sure overall there is a a difference from very early days of Bitcoin till the last few years but you can see at other places the volume in Bitcoin denomination has not changed. I actually know people who gamble more when price is up, since they can "win" more. Maybe there should be studies put into it;)

Thanks for the suggestion. I might try this coz my phone is on the brink of death.
All my backup 2FA keys (Google Authenticator) are jotted down on a piece of paper. Which sucks.

This probably makes it more secure but more risky for you to lose then, sort of like private keys! I store my 2fa key as a code somewhere like with all my passwords. They are manually coded in local language plus English:) So if someone "hacks" it I know it has to be from my country,,,

[RealMalatesta]

^I wouldn't really vote for keno myself, I would say crash seems to be one of the most common ones that get a lot of people to gamble, not a very difficult game to implement neither because you can literally buy a license from bustabit and just change the design and implement it to your website as well with some technical support help from them as well so it is just about money and not even that much about technical difficulty, you won't have to build a game from zero and would be cheaper this way anyway instead of paying a developer to build one.

So, looking at how much crash games (usually multiplayer but could be done single as well) gets gambled and how incredibly easy it is to put it in, I would say that should be the first one yolo takes a look at.

[eXtremal]

anyone who has tried or experienced in invest in yolodice features? I want to try it but I don't know how the detailed system is, by the way, when is the distribution from invest, is it done every day or what?

[snipie]

anyone who has tried or experienced in invest in yolodice features? I want to try it but I don't know how the detailed system is, by the way, when is the distribution from invest, is it done every day or what?

You can check my topic here https://bitcointalk.org/index.php?topic=5254959.0 for BTC investment, it contains also a link for another topic that wasn't updated frequently.
You can invest right now and retract your investment after few seconds if you want without fees but of course with smallish gains or losses, the "distribution" is real time.

[janggernaut]

anyone who has tried or experienced in invest in yolodice features? I want to try it but I don't know how the detailed system is, by the way, when is the distribution from invest, is it done every day or what?

I am. I've invested some doge in yolodice (currently my investment still down because 2 whales won a lot few weeks ago). One thing i liked investing on yolodice besides other site which offer investment feature too is yolodice doesn't has dillution fee 

You can read more further about how investment on yolodice works on here https://yolodice.com/#faq/investing

[tbterryboy]

Why isn't Yolodice running promotions like before, like the number hunt one and things like that? Wagered per day is dropping a lot.

Yeah, there are new competitors entering the market and offering better promotions so I also think they should start doing some giveaways and promotions soon otherwise the downtrend will continue and might lose some good players.

anyone who has tried or experienced in invest in yolodice features? I want to try it but I don't know how the detailed system is, by the way, when is the distribution from invest, is it done every day or what?

I have invested in past but can't recall and terms might have changed. Also remember while the house is expected to win but there are times when you might have little loses as well so don't get too worried you will cover those loses in case you have any initially with investment. Here is the direct link for the invest page - https://yolodice.com/#invest

[eXtremal]

but I see a little confusing, if we invest here, then why is there a loss? Aren't we investing a little to help YoloDice specifically? and I am also very confused about how to calculate the loss or not if we invest here, and does every coin we invest always have a different impact?

[redsun114]

There are tons of experiments regarding yolodice investment, I couldn't find the topic here but there were few people who invested in yolodice and made a topic about it and updated it weekly or so to show how much they were profiting from it. I would say it was usually a good increase in profit for a long time with some breaks in the middle because of some whale coming in and destroying the profits. The reason why LTC investments are 35% instead of 50% until new year is the fact that someone came in and won big as well.

So, we are talking about a chance to lose a bit here and there but the overall long term projection looks like you will profit, probably at around 20% a year margins if everything stands and nothing unexpected happens.

[snipie]

There are tons of experiments regarding yolodice investment, I couldn't find the topic here but there were few people who invested in yolodice and made a topic about it and updated it weekly or so to show how much they were profiting from it. I would say it was usually a good increase in profit for a long time with some breaks in the middle because of some whale coming in and destroying the profits. The reason why LTC investments are 35% instead of 50% until new year is the fact that someone came in and won big as well.

So, we are talking about a chance to lose a bit here and there but the overall long term projection looks like you will profit, probably at around 20% a year margins if everything stands and nothing unexpected happens.

Look at my previous post 

but I see a little confusing, if we invest here, then why is there a loss? Aren't we investing a little to help YoloDice specifically? and I am also very confused about how to calculate the loss or not if we invest here, and does every coin we invest always have a different impact?

Your investment is a part of the house so whenever players lose, you take a part (depends from your share%) from what the house earn. At the opposite when players are winning, the house loses and consequently you lose too, depending from your share also..

[FinneysTrueVision]

Why isn't Yolodice running promotions like before, like the number hunt one and things like that? Wagered per day is dropping a lot.

Yeah, there are new competitors entering the market and offering better promotions so I also think they should start doing some giveaways and promotions soon otherwise the downtrend will continue and might lose some good players.

Thankfully we are in a bull market and that seems to have helped a little bit. All my investments except for Dogecoin are performing well and traffic seems to be going up.

A new promotion seems long overdue since it's been almost 5 month since the last one.

I don't think they need to go as far as adding new games to improve their wagering volume. If they bring in new people through promotions a lot of them will end up staying out of habit.

[leea-1334]

Looks like some or one whale just lost quite a bit of Bitcoin in the past few days;) I saw my investments jumped 0.6% profit just from that period. Guess the almost ATH price for BTC is making people a bit more excited. Again,,, the theory of price affecting wager was discussed several days ago but maybe it has a different effect at ATH levels?

[Reid]

Your investment is a part of the house so whenever players lose, you take a part (depends from your share%) from what the house earn. At the opposite when players are winning, the house loses and consequently you lose too, depending from your share also..

To make it short. Your investment will be part of the house.
You should be cheering for the players to lose.  Just kidding. It's part sad and part joyful.

Looks like some or one whale just lost quite a bit of Bitcoin in the past few days;) I saw my investments jumped 0.6% profit just from that period. Guess the almost ATH price for BTC is making people a bit more excited. Again,,, the theory of price affecting wager was discussed several days ago but maybe it has a different effect at ATH levels?

Yeah. Just checked it.
I really thought they will be trying to minimize their bet to put their bitcoins in safety.
But, it looks like they are trying to gain more because of the high price. It's going to be a wavy profit.

[Kiritsugu]

Our newest competition just started!  20+ ETH in prizes, and it's a Number Hunt!  Good luck, everyone!!!



https://bitcointalk.org/index.php?topic=5293296.0