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Author Topic: GAMBLING SITE INVESTMENT  (Read 6892 times)
FatFork
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June 28, 2020, 07:50:47 PM
 #341


Mind you, i've invested $250 in each in BTC, 2 LTC on Yolodice, and 10k DOGE on Yolodice

So you are at a loss on all platforms (if you include the dilution fee on bustadice) except yolodice? You didn't state the time period from your initial investment.

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June 29, 2020, 04:58:13 AM
 #342

Well, there are lots of gambling platform that offers these kind of investment and the returns will vary depending on the players and how the platform plans to earn on investing.
Thanks for these information mate. It seems big platform such as fortunejack doesn't have this option. Anyway this is helpful, I'll check some feedback about these platforms.


Since you are participating on Yolodice signature have you decided to put up some investment too on your promoted campaign? I think that would be good leverage of your portfolio. Besides, its one of the most longest running campaign so I guess doing it for long term will beneficial on you.

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June 29, 2020, 05:12:57 AM
 #343

BetKing - red tagged
MoneyPots (close down already, not sure if the scam accusation against them are true).
Bitvest - active
SafeDice - red tagged
Crypto-Games -active
Satoshi Dice
KingDice
YOLOdice -active.
Thank you for the heads up, it's a sure thing that I'll take your advise when someone is asking for gambling platforms.

Thanks for these information mate. It seems big platform such as fortunejack doesn't have this option. Anyway this is helpful, I'll check some feedback about these platforms.
Take note of the gambling platform that @Finestream have mentioned. Maybe it is worth noting to update a list of some legit gambling platforms if you have time to do so as there many people asking the same question.

Since you are participating on Yolodice signature have you decided to put up some investment too on your promoted campaign?
Yes! I am planning open a Yolodice investment 2 to 3 weeks from now wherein 1 year is the minimum span before I am going to close that investment. Just hoping that a good return will be possible for that alotted investment timeframe.

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June 29, 2020, 05:19:18 PM
 #344

~

Here are some tough days for Yolo dice investors. 10 days I am constantly negative there. I have only Doge investment.




Well, there are lots of gambling platform that offers these kind of investment and the returns will vary depending on the players and how the platform plans to earn on investing.
Thanks for these information mate. It seems big platform such as fortunejack doesn't have this option. Anyway this is helpful, I'll check some feedback about these platforms.


Since you are participating on Yolodice signature have you decided to put up some investment too on your promoted campaign? I think that would be good leverage of your portfolio. Besides, its one of the most longest running campaign so I guess doing it for long term will beneficial on you.

I think he is not in the Yolo signature campaign, he just put Yolo signature with his referral links.

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June 29, 2020, 06:21:37 PM
 #345

Here are some tough days for Yolo dice investors. 10 days I am constantly negative there. I have only Doge investment.

Same here.



All of these investments are doge. Someone is really going high and is very lucky. I guess a whale is doing martingale stuff because my wallet shrinks day after day. Hope to see him hitting killing strike soon Smiley
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June 29, 2020, 11:19:30 PM
 #346

Here are some tough days for Yolo dice investors. 10 days I am constantly negative there. I have only Doge investment.

Same here.



All of these investments are doge. Someone is really going high and is very lucky. I guess a whale is doing martingale stuff because my wallet shrinks day after day. Hope to see him hitting killing strike soon Smiley

If it's only for that method, I think they won't win all the time, let's just say they are lucky and you guys have some losing days but eventually as the site is back on profitable days, you'll be too.

Thank you for the heads up, it's a sure thing that I'll take your advise when someone is asking for gambling platforms.
No worries man, here to help and make investing easy.
The purpose why I shared that stats is to tell people not to put everything in one basket, DIVERSIFY.. that's it.



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June 30, 2020, 01:05:24 AM
 #347

OP had already remove his investment with Bustadice, I think he is only focus now on one site which is Yolodice, what he is doing not is he YOLO on this gambling site. Poster above you has a point, he cited that investing in one site alone is not a wise idea since anytime they could go away and take your money, but then, since we are investing here, we also take it as gambling so we can afford what we will lose.
Risk is always there even you are investing with the house and you are not gambling your money playing with any games, but the fact that there's also possibilities that the site lose with big whales around. The very importance of this kind of thread where opinions and personal experienced has being shared, interested investors can do research and compares every statistics before placing their money and start their own journey.

Totally agree. I've tried 3 sites, yolodice, bustadice and bitvest

If you don't count dilution fee (50k sat on bustadice) i'm currently at:

Yolodice:
-> 0.00018473  BTC profit
-> 0.05790129  LTC profit
-> −647.99247123  DOGE loss

Bustadice:
-> 0.00030056  BTC profit

Bitvest:
->  -0.00027374  BTC loss

Mind you, i've invested $250 in each in BTC, 2 LTC on Yolodice, and 10k DOGE on Yolodice
What is the time frame for this??

If you just invested weeks ago then I think you shouldn't expect to have some profits right away. Now if you invested it for months already then probably someone is lucky enough to take out all of our profits Cheesy. Even my investment is at a loss right now compare to last weeks total profit and this week. Although I'm not at a loss in my whole investment, still my profit isn't going up within this week.

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June 30, 2020, 02:52:09 AM
 #348

I think he is not in the Yolo signature campaign, he just put Yolo signature with his referral links.
I am one of the Yolodice Signature Campaign participants, YOLODice provides a unique signature that contains referral codes for each user's account in their platform  Wink. So basically, all of the campaign participant wears a signature that has referral code attached given from their Yolodice account that can be found on "Referral" section.

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June 30, 2020, 03:02:00 AM
 #349

Here are some tough days for Yolo dice investors. 10 days I am constantly negative there. I have only Doge investment.

Same here.



All of these investments are doge. Someone is really going high and is very lucky. I guess a whale is doing martingale stuff because my wallet shrinks day after day. Hope to see him hitting killing strike soon Smiley

The wager size and bank roll of that player is the main issue on that negative profit of yours. Martingale method will not gonna be effective in the long run if the player has a small wager capacity because at the end, he will surely lose overtime because he can't sustain the game due to his limited bank roll. There is no way that a low wager size and bank roll player can give a negative profit to a casino unless he is playing it wisely with a more luck.

It just need a clean win streak then stop for a player with a great Bank roll to defeat casino. I assume his bank roll is near to the bank roll of the casino that's he can sustain profit overtime.

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June 30, 2020, 04:33:29 AM
 #350

So here's my update for week11!!

This is the update for Yolodice:        

This is my total profit for:    
BTC: 0.00264923   
USD: 154.06
PHP: 7,459   



Here's the spreadsheet:





Same with the last week, we got dumped and loss a few dollars this week. Hoping that it will turn around for next week  Smiley

What are your thoughts this week?  Grin

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June 30, 2020, 08:19:48 AM
Last edit: June 30, 2020, 09:00:01 AM by Globb0
 #351


Yolodice share its data.
https://yolodice.com/#stats/investor



Looks like each started with 10 BTC balance, 6 months = about 12% apparently


So now we see an adjustment, maybe these 6 month long figures make more sense now.  (approx. 1yr 25%+)


You can probably estimate the number of negative months in  6 with both these bits of data.

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June 30, 2020, 08:46:20 AM
 #352

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.

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June 30, 2020, 09:09:22 AM
 #353

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.


The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.  Smiley

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June 30, 2020, 09:17:47 AM
 #354

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.


The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.  Smiley

I'm not sure if there's a passive investment that would guarantee a 5-8% per year of return, are you referring to investing your money in the bank or saving it like a time deposit? I think I would rather choose investing in casino since inflation will definitely affect the value of our money even if let's say it will receive an interest yearly at that rate.

As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

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June 30, 2020, 10:27:35 AM
 #355

So here's my update for week11!!

What are your thoughts this week?  Grin
I've been wondering on how's your bustadice investment, did you close it operating?

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June 30, 2020, 11:46:07 AM
 #356

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.


The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.  Smiley

I'm not sure if there's a passive investment that would guarantee a 5-8% per year of return, are you referring to investing your money in the bank or saving it like a time deposit? I think I would rather choose investing in casino since inflation will definitely affect the value of our money even if let's say it will receive an interest yearly at that rate.

As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

Yeah, It's like in the bank and same with cryptocurrency when you are staking for example on binance, You can stake stake your money/crypto there! There's an option when you are going to stake crypto or USDT which is a USD representative in crypto there.

Yes, the gain is unstable yet, not that risky.

So here's my update for week11!!

What are your thoughts this week?  Grin
I've been wondering on how's your bustadice investment, did you close it operating?

Sadly, yes. Needed to scale on of my business and needed extra money.

Here's my update regarding that:
https://bitcointalk.org/index.php?topic=5239794.msg54616214#msg54616214

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June 30, 2020, 01:07:14 PM
 #357

Yeah, It's like in the bank and same with cryptocurrency when you are staking for example on binance, You can stake stake your money/crypto there! There's an option when you are going to stake crypto or USDT which is a USD representative in crypto there.
I'm not going to choose bank for saving with the purpose of letting your money earn an interest, for me it's not worth it, better invest somewhere and I thin  Binance staking is a good idea, anyway thanks for giving me an idea, I'll do check on that..

For me, using bank when you save money for safekeeping, and use other platforms for investing.


Yes, the gain is unstable yet, not that risky.

Great, but always look also at the negative possibility, not that risky does not mean it's risk free.
Anything called investment is always risky, if not then that is considered a scam.

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June 30, 2020, 01:09:26 PM
 #358

Sadly, yes. Needed to scale on of my business and needed extra money.

Here's my update regarding that:
https://bitcointalk.org/index.php?topic=5239794.msg54616214#msg54616214
I didn't see that update. Thanks.

Yolodice seemed to be giving you some great figures. A 5.2% ROI in 11 weeks, not bad for the start and additionally the conversation in fiat in 11 weeks as well is way higher. On top of that, just 4 months left for half a year and see how the casino investment really goes on.

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June 30, 2020, 02:30:43 PM
 #359

-snip-
As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.
Yep if we compare from the beginning then Yatsan is in profit but if we see the last two weeks then he lost around 27k satoshi. This negative trends is common for everyone depending from their initial investment.
I have approximately 1/5 of Yatsan initial investment and I lost approx 1/5 of what he lost. Of course in long term this remains profitable  Wink
Bah for the USD story and inflation said by some members, I think it shouldn't be considered really. We are dealing with bitcoin, every bits or satoshi we gain is precious while the BTC/USD price may change from a moment to another. Today $9k another day +$10k maybe  Smiley

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June 30, 2020, 09:24:55 PM
Merited by Kasabus (3)
 #360

-snip-
As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.
Yep if we compare from the beginning then Yatsan is in profit but if we see the last two weeks then he lost around 27k satoshi. This negative trends is common for everyone depending from their initial investment.
I have approximately 1/5 of Yatsan initial investment and I lost approx 1/5 of what he lost. Of course in long term this remains profitable  Wink
Bah for the USD story and inflation said by some members, I think it shouldn't be considered really. We are dealing with bitcoin, every bits or satoshi we gain is precious while the BTC/USD price may change from a moment to another. Today $9k another day +$10k maybe  Smiley

I'm really optimistic on the future of bitcoin, if people can just hold their bitcoin and wait til its value rises in the future, then investing in casinos is far better as it would double the positive effect, maybe there's a risk but choosing the right casino will minimize that risk. 

I understand that some of you want to monitor the daily movement of your investment in a casino, I'll tell you that's normal, just keep doing that and soon you'll realize you are just tiring yourself, LOL.. casinos investment are really for long term to see a positive result.  Grin

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