[Archived] Profit tracking.

[Timetwister]

I'd add some more columns to the table: EV since you invested ((wagered*edge)/bankroll), and then a column for annualized returns (both for EV and actual profit).

[1714887588]

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[1714887588]

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[1714887588]

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[hatshepsut93]

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.)

But wagering volume and bankroll share are also past data, and they can change over time for various reasons. Wagering volume may be driven downwards to some extent by rising prices, while increase in casino's popularity will drive it upwards. Bankroll share can also have its own dynamic. So, even without variance it's not so easy to calculate "expected" return and it would probably require some economic modelling. But I'm not sure if it's really necessary for investors to do it, because they don't lose a single satoshi of their investment, except to potential variance, so there's no need to calculate if it's profitable or not - the math tells that it is expected to be profitable. The only reason for making  such deep analysis is if potential investor tries to compare future performance of different casinos.

[Lutpin]

But wagering volume and bankroll share are also past data, and they can change over time for various reasons. So, even without variance it's not so easy to calculate "expected" return and it would probably require some economic modelling.

As nobody can predict the future, expected return can only be calculated for past periods.
It's a way to measure actual (past) performance with theoretical values, not one to assess current or future possibilities.

[coindetective]

What is your affiliation to this website? I ask this I really like the website but there s always that question what happens if something goes wrong. I d like to know more about the people who run it.

[Lutpin]

I'm tracking my personal investments via a publicly available investment option.

[Don Pedro Dinero]

Looking forward to seeing those stats. I think there has been a decrease in the bitcoin profit percentage for the past two weeks, or at least that is what I have seen in my particular investment. I’d like to know if this has something to do with the current fees problem, so people are not depositing so much bitcoin, or if it’s just due to normal variance. However, if I wanted to play with bitcoin and also to avoid that problem, I could exchange the amount I wanted to deposit for Dogecoin (for example), deposit, and exchange it again for bitcoin in the site.

[Lutpin]

Looking forward to seeing those stats.

Numbers for this month are as following:

BTC investment: 0.192% increase.
ETH investment: 1.472% increase.
LTC investment: 1.623% increase.
XMR investment: 1.255% increase.
STRAT investment: 0.315% increase.
DOGE investment: 2.348% increase.
DASH investment: 2.304% increase.
PPC investment: 4.820% increase.
GRC investment: 2.212% increase.

Average return assuming same investment in all coins: 1.838% increase.

I'd add some more columns to the table: EV since you invested ((wagered*edge)/bankroll), and then a column for annualized returns (both for EV and actual profit).

Annualized returns have been added.
The direct EV I don't want to do, but I did calculate rollovers for each bankrolls, which loosely correspond to your expected returns.

I’d like to know if this has something to do with the current fees problem, so people are not depositing so much bitcoin, or if it’s just due to normal variance.

Both BTC and ETH have seen a pretty low rollover this month, with 46% and 66% (both of them have scaling problems, we're coming out of the CryptoKitties month after all).
However, both coins also have a huge bankroll compared to the other coins available at CG, so this might be a factor as well.
LTC, which shortly had fee problems as well, in comparison shows a decent rollover (120%).

[seekoin]

Hello,

Is it still possible to invest ? I've been promoting Crypto Games for a while but can't find the way to invest money in their bankroll.

[MinerHQ]

Hello,

Is it still possible to invest ? I've been promoting Crypto Games for a while but can't find the way to invest money in their bankroll.

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner. If you already have funds in your account then you can move them to invest. You should know that for short term there will be disinvestment fee but after few weeks there is no disinvestment fee. It is one of the good casino giving consistently profit to investors.

[TheQuin]

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner.  

It is temporarily closed to new investors. If you do not have an existing investment in the bankroll then the investment tab is now hidden.

http://blog.crypto-games.net/2017/12/temporarily-limiting-investment-feature.html

[MadZ]

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner.  

It is temporarily closed to new investors. If you do not have an existing investment in the bankroll then the investment tab is now hidden.

http://blog.crypto-games.net/2017/12/temporarily-limiting-investment-feature.html

This is rather upsetting, I was planning on making a non-trivial investment after seeing this thread. Is there any stated reason for this change or any indication that new investors will be allowed again?

[TheQuin]

Is there any stated reason for this change

With the recent dramatic increase in the value of cryptos, the bankroll has become extremely large in USD terms. There simply is no need to have a larger one for an online casino.

any indication that new investors will be allowed again?

I take the use of the word "temporarily" in the blog announcement to indicate that new investors will be allowed again at some point in the future.

[MadZ]

Is there any stated reason for this change

With the recent dramatic increase in the value of cryptos, the bankroll has become extremely large in USD terms. There simply is no need to have a larger one for an online casino.

any indication that new investors will be allowed again?

I take the use of the word "temporarily" in the blog announcement to indicate that new investors will be allowed again at some point in the future.

Understandable I suppose. To be honest, temporarily sounds more like indefinitely, which sounds a lot like never. I guess I could buy an account, but I'm not sure if that's against the ToS. Is 2FA removable?

[TheQuin]

Understandable I suppose. To be honest, temporarily sounds more like indefinitely, which sounds a lot like never.

I'd take a guess that circumstances would have to change. For example, if a number of large investors decided to divest to cash out profits.

I guess I could buy an account, but I'm not sure if that's against the ToS. Is 2FA removable?

From the ToS:

4.6. It is prohibited for players to sell, transfer and/or acquire accounts to/from other players.

2FA is removable but that's a moot point after checking the ToS.

[Lutpin]

Is there any stated reason for this change or any indication that new investors will be allowed again?

I expect investments to be opened up for everyone again once a new currency is being added, which might not be that far away.

I'll keep you updated on changes in this regard.

[Lutpin]

The original post has been updated with the current table and chart.
Numbers for January are as following:

BTC investment: 0.872% increase.
ETH investment: 0.271% increase.
LTC investment: 1.086% increase.
XMR investment: 0.244% increase.
STRAT investment: 1.553% increase.
DOGE investment: 1.585% increase.
DASH investment: 0.051% increase.
PPC investment: 0.720% decrease.
GRC investment: 3.613% decrease.

Average return assuming same investment in all coins: 0.148% increase.

[SyGambler]

did you stop tracking Lutpin or you planning to post February stats later ??
would like to see how other coins are doing since I have only some bitcoin , litecoin and dash invested

[Lutpin]

Numbers for February are as following:

BTC investment: 1.085% increase.
ETH investment: 1.775% increase.
LTC investment: 1.797% increase.
XMR investment: 0.682% increase.
STRAT investment: 1.122% increase.
DOGE investment: 1.041% increase.
DASH investment: 1.654% decrease.
PPC investment: 0.272% increase.
GRC investment: Delisted.
GAS investment: 0.207% increase. (Investment started on the 14th)

Average return assuming same investment in all coins: 0.703% increase.

Charts and in-detail update to the OP will follow in a bit have been added as well.
As GRC has been removed and GAS has been added, I think it would be best to create a GRC/GAS line in the chart, to keep things simple for comparison.

did you stop tracking Lutpin or you planning to post February stats later ??
would like to see how other coins are doing since I have only some bitcoin , litecoin and dash invested

I'm using the 30 day stats to determine rollovers. As February has only 28 days and March has 31,
I have done these calculations 1 day later (-> February 29 / March 30), to be more accurate with the stats I use.

[Lutpin]

First off, the good news: Investment are open again (they should be available for everyone and all coins right now).
Also, there will be two additional coins available in the next months, starting with BCH coming very soon.


Now the numbers for March (Month #4), they are as following:

BTC investment: 0.221% increase.
ETH investment: 2.823% increase.
LTC investment: 0.919% increase.
XMR investment: 0.011% decrease.
STRAT investment: 2.122% increase.
DOGE investment: 1.283% increase.
DASH investment: 0.038% decrease.
PPC investment: 4.779% increase.
GAS investment: 0.185% increase.

Average return assuming same investment in all coins: 1.365% increase.

[legendster]

First off, the good news: Investment are open again (they should be available for everyone and all coins right now).

+1 I was randomly browsing and landed here to learn about this piece of information.
And just confirming that as of today the investment feature for new users is still available.