[Archived] Profit tracking.

[Lutpin]

This thread has been discontinued and has been archived.

[1714890555]

1714890555

[1714890555]

1714890555

[Lutpin]

This thread has been discontinued and has been archived.

[Muttley]

Nice @Lutpin
Following this new thread.

 

[Parodium]

Just to set some expectations, I've been invested for approximately 2 weeks (BTC) and have generated approximately 0.16% interest in that time.

This works out around 4.16% interest per year, not to mention the divest fee. This leads me to believe that atleast one of the following must be true;

1. Bankroll turnover is slowing
2. Investment growth is accelerating
3. Profitability is decreasing (or recent high rollers have been hitting the bankroll).

[TheQuin]

Just to set some expectations, I've been invested for approximately 2 weeks (BTC) and have generated approximately 0.16% interest in that time.

This works out around 4.16% interest per year, not to mention the divest fee. This leads me to believe that atleast one of the following must be true;

1. Bankroll turnover is slowing
2. Investment growth is accelerating
3. Profitability is decreasing (or recent high rollers have been hitting the bankroll).

Two weeks really isn't long enough to come to any of those conclusions.

1. You can regularly check the turnover for each coin and each game on the statistic tab. I cannot see any sign of a slow down.

2. If you look at the chart provided on the investments tab you can see the history of the total invested in each coin. Again none of them seem to have increased unusually in the last two weeks.

3. Profit is variable due to luck.

My first BTC investment made on 12th September is up 5.86% so far, but I wouldn't extrapolate that out for a full year as there is no merit in doing so.

[Lutpin]

Just to set some expectations, I've been invested for approximately 2 weeks (BTC) and have generated approximately 0.16% interest in that time.

Two weeks really isn't long enough to come to any of those conclusions.

Seconded, one of the reason for the switch to monthly numbers is that imo weekly ones have way too much variance, a single high roller can influence them easily in both directions.
Of course, the same is true for monthly stats, but they are a bit less prone to it.

3. Profit is variable due to luck.

Maybe I should pin that at the beginning of the thread

2. Investment growth is accelerating

Not really, the bankroll is fairly stable, it's currently sitting at 1816BTC, with the high this year being 2007BTC in May (meaning overall investments have decreased).
Unless you factor in the bitcoin exchange rate, at which point the bankroll has increased big time over the year due to bitcoin climbing over 800% in price.

1. Bankroll turnover is slowing
~snip~
3. Profitability is decreasing

Same thing, isn't it?
Your expected profit results from wagers over your bankroll share, which really is just the turnover.

Right now, that would be 1,447BTC wagered the last 30 days over 1816BTC invested (~80% monthly turnover),
Compared to the numbers from August (2811 over 1630, 172%) and June (3524 over 1566, 225%).
Bit of a slow month, but I'd say anything close to full turnover in a months time still has a decent profit potential.

[NobFox]

This works out around 4.16% interest per year, not to mention the divest fee. This leads me to believe that atleast one of the following must be true;

After 21 days when the investment has matured, the divest fee is wavered. It also drops slowly over the course of the 21 days should you need to withdraw those funds.

I'm very pleased with all my investments in CG so far, with the exception of PPC which only ever seems to drop.

[TheQuin]

I'm very pleased with all my investments in CG so far, with the exception of PPC which only ever seems to drop.

The chart tells a different story.



I did notice a high roller enjoying the 1.02x recently. If that run of luck comes to an abrupt end your investment is likely to spike.

[Lutpin]

(Quoting from the old thread, would prefer to keep all discussion in a single one now)

Hi, I was wondering if different investments in the same coin are separate or if they are added like in a fund.
Let’s say you have an investment in Bitcoin and you want to add another BTC0.01. Are your first investment and this second one treated separately? I’ve tried to find this info in FAQ and this thread but can’t find it.
I know there is a divestment fee, so that makes me think they are separate but the fee could be calculated even if they are joined.

Investments are treated seperately due to the divest fee.
Regardless, two investments of 0.01BTC wil make the same profit one investment of 0.02BTC makes, since they all are part of the same bankroll.
If you want to increase your investments, adding another one is an option,
however the amount of investments you can have on a single coin is limited to 4 (I think, could be 5).

[Don Pedro Dinero]

If you want to increase your investments, adding another one is an option,
however the amount of investments you can have on a single coin is limited to 4 (I think, could be 5).

I guess that limit wouldn’t be a problem if I wanted to invest more in the same coin.

Let’s suppose than I had four 0.01BTC investments (plus interest) and I wanted to invest 0.05 more. I can divest out one of them and then add a new investment for 0.05BTC plus the amount I had divested. I suppose that isn't forbidden or anything.

Edit: I’ve replaced “cash out” by “divest” after reading @minifrij’s comment because I think it sounds more natural and correct.

[minifrij]

Let’s suppose than I had four 0.01BTC investments (plus interest) and I wanted to invest 0.05 more. I could cash out one of them (to my crypto-games.net account) and then add a new investment for 0.05BTC plus the amount I had cashed out. I suppose that isn't forbidden or anything.

Correct. If you want to increase an investment on a particular then you can simply divest that coin, then reinvest on the same coin with a higher value. So long as you wait long enough for the divestment fee to disappear, there is no downside to doing this.

[pinkman12345]

What is estimated daily profit on 100 ETH bankroll?

[NobFox]

I'm very pleased with all my investments in CG so far, with the exception of PPC which only ever seems to drop.

The chart tells a different story.



I did notice a high roller enjoying the 1.02x recently. If that run of luck comes to an abrupt end your investment is likely to spike.

Please point this chart out to my active investment. It hasn't heard that it should be going up yet.


Also, that chart is over two years - not the week I've had it in so far and the two weeks I tried last time before getting weak hands and pulling it out.

[Don Pedro Dinero]

I'm very pleased with all my investments in CG so far, with the exception of PPC which only ever seems to drop.

The chart tells a different story.



I did notice a high roller enjoying the 1.02x recently. If that run of luck comes to an abrupt end your investment is likely to spike.

Please point this chart out to my active investment. It hasn't heard that it should be going up yet.


Also, that chart is over two years - not the week I've had it in so far and the two weeks I tried last time before getting weak hands and pulling it out.

The shorter your investment, the more likely it is that you are going to have a loss, due to variance, especially with those coins.

It is normal that the most common coins, like Bitcoin or Ethereum get a higher number of bets than coins like PPC during a one or two or week period, so variance is higher with the latter.

[robodude]

Has anyone had problems making deposits recently?

[chris200x9]

What is estimated daily profit on 100 ETH bankroll?

I think it is very hard to predict profits in bankroll investments because in some days you may make a good profit and sometimes you may lose some of your investments so if you're expecting steady profits then bankroll investments are not an option for you. No one can give you an accurate answer to your question. But in the long run, we can make a good profit from these investments.

[veleten]

What is estimated daily profit on 100 ETH bankroll?

I think it is very hard to predict profits in bankroll investments because in some days you may make a good profit and sometimes you may lose some of your investments so if you're expecting steady profits then bankroll investments are not an option for you. No one can give you an accurate answer to your question. But in the long run, we can make a good profit from these investments.

according to the stats in the table,an average ETH investment (think you meant investment,not the bankroll in your question)
brings around 0.7% profit weekly,if you invest 100 ETH you will be getting 0.1% of that sum daily
i.e. your average profit would be 0.1 ETH,factor in variance and such,because luck may change and the exact time you invest
there could appear a wild ETH whale who wins and leaves you in  the red

[TheQuin]

brings around 0.7% profit weekly,if you invest 100 ETH you will be getting 0.1% of that sum daily
i.e. your average profit would be 0.1 ETH,factor in variance and such,

Variance is the main issue here, you really can't look at it as being x much per day, you need to look at it as a long-term investment.

Just to give some figures to illustrate that even on a weekly basis how variable it is I made my first investment in the BTC bankroll back on the 12th September and made a note of the value each week since:

+1.66%
+0.70%
+0.11%
+0.05%
-0.04%
+0.14%
+0.12%
+2.40%
+0.09%
-0.04%
+0.24%

Giving a total return of 6.03% so far.

[Lutpin]

Variance on daily returns is way too high to use average numbers as "expected" returns.

(On top of that, I'd consider the theoretical number calculated from house edge, wagering volume and bankroll share as expected profit,
not the one calculated based on past profit.)

Has anyone had problems making deposits recently?

Havent seen anyone having problems.

[eternalgloom]

Are you also going to provide us with some nice graphs and tables like on the previous thread?
It would be nice if you could keep the format similar, it was a very nice looking overview in the OP.

Good that you're continuing this, I've always found it handy to use the previous thread as an example of possible investment with Bitcoin and/or altcoins.
I think I must have linked to that one dozens of times

Edit: either you've added the stats after my post or they were not loading for me before. Anyway, nice to see them there!