🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[leea-1334]

I don't think he's talking about recovering the loss, but about a wagering amount. If someone bets with a high chance, they're going to accumulate a far greater total wagaring amount than someone who bets with a lower chance. At least in theory. Assuming he doesn't lose everything in his first few bets. 

Yes,,, a strategy I sometimes use just to increase my wager, usually in competitions or just to get a few level bumps in a short time. I remember reading someone's strategy for level increase before and tried it: do martingale to get a small 1% profit on bankroll, then divide up that 1% into smaller bets at max win chance and just roll it all until you lose. Rinse and repeat. Not risk free but it does let you get a wagering amount with smaller bankrolls:)

[shoreno]

However how would you plan on trying to stop people from gambling with very very low odds of losing, like 90%+ chance, even as far as 99% if it is there (don't remember what the max was) and betting very small amounts and just leave it to automatic. That should probably give them a huge wagering amount without really losing too much money neither, it is still the same amount of money lost in the end, you will lose it all in the end, but it also allows them to wager more money before they end up losing it all.

Max win in yolodice is 98.99%, there is no way they put 99% winning chance since their house edge already 1%. With mutipler 1.001x on 98.99% winning chance, i think you would lose a lot since you need bet with huge bet to recover your lose before.

I don't think he's talking about recovering the loss, but about a wagering amount. If someone bets with a high chance, they're going to accumulate a far greater total wagaring amount than someone who bets with a lower chance. At least in theory. Assuming he doesn't lose everything in his first few bets.  

this ! is the worst part that big bettor/waggerer is afraid to face . they want to wagger big so they bet big also but first or few rolls later they will loose their bet . i tried waggering once on the other gambling site to get a basic vip status but im lucky that my small bankroll ended right after i reach that first vip level but the edge of that site is higher than yolo , im just lucky enough that time .

@BTCappu playing for waggering can be different from playing to profit . some people cant enjoy playing idle with small amount because they will loose it all at the end without gains but if you can bet the same bet on higher odds theres a chance that you can score big profit if not loose

[arwin100]

We have already talked about the simple fact that house edge is house edge and there is no way we could change that, you could have as many accounts or do as many cheeky stuff as you want and in the end we all lose money because of house edge. That house edge manages to make it mathematically impossible for all of us to lose money when we gamble long enough, if we keep constantly grinding and grinding, we will end up with losing a lot of money and that is the end of the story, no other way available.

However if you really want to gamble and win, the only method would be short bursts, like go in there, gamble all, win and leave. If you leave while you are ahead and not gamble again, you may actually end up profiting but that is the only way you could profit.

Well, with multiple accounts and against house edge results could be profit or loss, and if it is loss that is bad but if it is profit you get something, here you get something even if you lose which is great.

However how would you plan on trying to stop people from gambling with very very low odds of losing, like 90%+ chance, even as far as 99% if it is there (don't remember what the max was) and betting very small amounts and just leave it to automatic. That should probably give them a huge wagering amount without really losing too much money neither, it is still the same amount of money lost in the end, you will lose it all in the end, but it also allows them to wager more money before they end up losing it all.

What's good on having multiple accounts when you can have all that money betting in one account? You won't really have an advantage at all when you are betting with multiple accounts I don't see some kind of chance increasing in your way with you doing that. If where you are gambling is they have a edge then it will be guaranteed that house edge will be experienced by all of the accounts you are using.

If we are joining on wagered contest then it's useless to have a multiple account since we can't win if we put a split deposit in each account, but in some other contest which doesn't need to place anything then there's an advantage of it especially if we are on lottery type of contest.

But maybe as you said as for the safety of our funds we should focus on 1 account by joining on different kind of contest to avoid any big issues.

[$crypto$]

If we are joining on wagered contest then it's useless to have a multiple account since we can't win if we put a split deposit in each account, but in some other contest which doesn't need to place anything then there's an advantage of it especially if we are on lottery type of contest.

But maybe as you said as for the safety of our funds we should focus on 1 account by joining on different kind of contest to avoid any big issues.

So I think if we often participate in gambling contests then one account is better than the many to mobilize. This will be a big problem if caught with multiple accounts, still the winnings will definitely continue to exist in us, we don't need to be ambitious by using a lot. account I think its usefulness is not that important in its winning.

But in this kind of thing, I will definitely use it but I will avoid it as much as possible, see now that many gambling platforms are holding contests, we need to pay attention to even one account and the assets will be even safer.

[kantarian]

hello ethan please unmute me my account i am sorry for insult mod randall and i am very sorry (

give me a last chance 😇😇

i blessed your family and bless you )

My account is

Thank you and cheers !!!


I want to tell you that. I am hearing impaired and disabled 😊
 
My user name id is USER ID
323610

User kanta

[toast]

-snip-

well you insulted a mod and you needed to be muted. well i think you learned your lesson maybe they would be able to unmute you was that a permanent mute or just have some amount of time?

[kantarian]

By force I did not want to just try

Please unmute me

[snipie]

-snip-

Consider apologising to Randall and ask him to unmute you rather than asking Ethan to undo the mute.. Also don't spam this topic or you will be reported.. I will refrain from commenting the excuses but you know what you have to do.

[janggernaut]

The biggest btc competition will be ended on Dec 18th, which is around 2 days left. From 30 accounts which currently leading on biggest btc profit, most of the top 10 are people who hunting for 9900x multipler (you can see from history of those accounts). And sad news for investor is, with this competition, site's profit down almost 2 btc (site's profit was 439.xx but now 437.xx)

[ethan_nx]

"Profit competitions" usually have pretty much unexpected and exciting last minutes, so stay with us! The competition ends today (in 10 hours).

Cheers,
Ethan

[janggernaut]

"Profit competitions" usually have pretty much unexpected and exciting last minutes, so stay with us! The competition ends today (in 10 hours).

Cheers,
Ethan

That's correct, now just in few hours competition will ends, few whales have showed up on list of biggest profit.


That user who currently sitting number 2 was really crazy. He bet 0.5 btc each bet and profited 1 btc ($22,000) just with 6 bets.

[snipie]

"Profit competitions" usually have pretty much unexpected and exciting last minutes, so stay with us! The competition ends today (in 10 hours).

Cheers,
Ethan

That's correct, now just in few hours competition will ends, few whales have showed up on list of biggest profit.
https://i.ibb.co/m0FWPPR/IMG-20201217-173904.jpg

That user who currently sitting number 2 was really crazy. He bet 0.5 btc each bet and profited 1 btc ($22,000) just with 6 bets.

Yeah I saw that an hour ago and I was surprised, I believe he is the same whale. bitzombie in the other hand is a different guy afaik and he toppled that whale from the 1st position

[janggernaut]

Yeah I saw that an hour ago and I was surprised, I believe he is the same whale. bitzombie in the other hand is a different guy afaik and he toppled that whale from the 1st position

Is your investment already in red right now? After those 2 whales make yolodice's profit down to 435 btc right now. We don't know it's bitzombie alt or not, since both accounts were betting with huge amount

[snipie]

Yeah I saw that an hour ago and I was surprised, I believe he is the same whale. bitzombie in the other hand is a different guy afaik and he toppled that whale from the 1st position

Is your investment already in red right now? After those 2 whales make yolodice's profit down to 435 btc right now. We don't know it's bitzombie alt or not, since both accounts were betting with huge amount

No my profit is still positive but dropped to +BTC0.00095867 with 7.7946 % ROI, it was 10% few weeks ago. Until now the competition was responsible of losses close to 30%? of our profit in BTC.

[Petyr Baelish]

Yeah I saw that an hour ago and I was surprised, I believe he is the same whale. bitzombie in the other hand is a different guy afaik and he toppled that whale from the 1st position

Is your investment already in red right now? After those 2 whales make yolodice's profit down to 435 btc right now. We don't know it's bitzombie alt or not, since both accounts were betting with huge amount

YOLOdice BTC profit has now fallen below the level that it was back in August. Which means that long term investors have not made any profit since then and have actually lost BTC.
When you take this and couple it with the fact that YOLOdice also takes a cut from investors based on the amount wagered and not the amount won then it shows a really dismal picture for investors of the bankroll.

[janggernaut]

No my profit is still positive but dropped to +BTC0.00095867 with 7.7946 % ROI, it was 10% few weeks ago. Until now the competition was responsible of losses close to 30%? of our profit in BTC.

Seems this competition has beat the house and YD's investors, let see what will happen until competition really ends today.

YOLOdice BTC profit has now fallen below the level that it was back in August. Which means that long term investors have not made any profit since then and have actually lost BTC.
When you take this and couple it with the fact that YOLOdice also takes a cut from investors based on the amount wagered and not the amount won then it shows a really dismal picture for investors of the bankroll.

I can only say, there is always a chance for house "lose" to player. This is gambling, you will be never know what will happen, sometimes you can lose a lot, but you can win a lot too.
Investor, who are aiming long term (>1 year), will "likely" always make profit since there is house edge in site. They don't afraid their investment down a bit just because of this "dip"

[ethan_nx]

Wow, the final hours start looking exciting indeed.

[onrise]

Winners are having some real luck as they are winning the competition, bitcoin price surged today crossing 23000$+ as well. So, its a double bonus for them. Investors in btc bankroll are having hard time as they are losing each time with their win and easily the investment is down by 4% just during this week of competition. 

[snipie]

Winners are having some real luck as they are winning the competition, bitcoin price surged today crossing 23000$+ as well. So, its a double bonus for them. Investors in btc bankroll are having hard time as they are losing each time with their win and easily the investment is down by 4% just during this week of competition. 

17 weeks were suppressed from my investment with a decrease around 40% comparing to my profit before this competition, which was catastrophic for us..
Congratulations to the winners and to Mr X.

[FinneysTrueVision]

Winners are having some real luck as they are winning the competition, bitcoin price surged today crossing 23000$+ as well. So, its a double bonus for them. Investors in btc bankroll are having hard time as they are losing each time with their win and easily the investment is down by 4% just during this week of competition. 

You would think that with the higher wagering volume during competitions that profit for investors would be up. We've seen in two straight competitions that this is not the case. My theory is that people who participate in competitions tend to be more experienced gamblers and they know how to maximize their potential profit.