GAMBLING SITE INVESTMENT

[btcltcdigger]

It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always wins.

I think you're wrong here. In terms of winning or losing, every chance of appearing the numbers in casinos is fair. Means the winning rate between the player and the house is the same. There is no difference (for reputable casinos). Fairness is evident in their algorithms. However, the profits of the casinos come from the cost of the house edge that players have to pay them every time the player places a bet. It doesn't matter if the player wins or loses, the winning rate is the same, but the house has the advantage because the player has to pay them every time they place a bet. It is not wining, it is fixed profit 

Ok, let me correct myself then

Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

[ChuckBuck]

Ok, let me correct myself then
Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

LoL Don't be so serious  I just want to have some fun 
I wonder if there have been any casinos in this space going bankrupt? We always talk about the risks that can occur when we invest in a casino. So, have any casinos gone bankrupt before?

[examplens]

Ok, let me correct myself then
Quote:
It's EXACTLY the same thing, they just call it staking. With this staking you fund the "house" in their dice game. And remember, the house always has fixed profit.

LoL Don't be so serious  I just want to have some fun 
I wonder if there have been any casinos in this space going bankrupt? We always talk about the risks that can occur when we invest in a casino. So, have any casinos gone bankrupt before?

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

[ChuckBuck]

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

I can understand if a casino is hacked  It is a danger that any casino is wary. But what about inside their team? I do not understand? What are you talking about inside their team? Can you say more about this? I really don't understand what you mean here 
It would be great if we put everything in one click and we win with it  but I'm more greedy than yahoo62278, I'll bet x10 there 

[Fundamentals Of]

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

I can understand if a casino is hacked  It is a danger that any casino is wary. But what about inside their team? I do not understand? What are you talking about inside their team? Can you say more about this? I really don't understand what you mean here 
It would be great if we put everything in one click and we win with it  but I'm more greedy than yahoo62278, I'll bet x10 there 

He is saying theft inside the team. An inside job in other words, stealing from within. There is no recent huge incidence comes to mind in line with this but this happens in the past. Inside theft is sort of common among companies, projects, etc.

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

[FatFork]

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

As far as I know, most casinos have extra confirmation when you go 'all in'. At least the more popular ones have it. I agree, this is a must because it can easily happen that you accidentally click on the max bet.

[Globb0]

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

As far as I know, most casinos have extra confirmation when you go 'all in'. At least the more popular ones have it. I agree, this is a must because it can easily happen that you accidentally click on the max bet.

I find that extra click extra annoying because I am an all in kind of guy. I go for about 3 or 4 all ins after I get to 3kish if you hit it then I start a more elegant system from there

[KTChampions]

I find that extra click extra annoying because I am an all in kind of guy. I go for about 3 or 4 all ins after I get to 3kish if you hit it then I start a more elegant system from there

With this style of play, this extra click can really be annoying. But most likely it is assumed that the player does not go all-in very often and this click is a good protection against a random bet. Perhaps it would be more correct if there was an opportunity to disable this protection.

[Globb0]

Is only a relatively recent addition.

[Tytanowy Janusz]

One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.

If you take a loot at this from statistic point of view it does not matter how you play. Going all in is as risky as martingale and any other system (in fact all in is the best system that gives the best risk/reward ratio). The only thing that is sad in going all in in single bet is quitting game before starting to enjoy it. Especially if it's done by surprise.

I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.

It's as risky as holding funds on exchange. Even safer because "from the programmer side" casino code is much simpler than exchange code.

[Yatsan]

So here's my update for week7!!

This is the update for bustadice:

This is my total profit for:      

BTC:  0.00044497
USD: 107.84
PHP: 5,509   



This is the update for Yolodice:        

This is my total profit for:             

BTC: 0.00207044
USD: 137.18
PHP: 6,999



Here's the spreadsheet:



TOTAL PROFIT WEEK1 - WEEK7        
   
BTC: 0.00251541
USD: 245.02
PHP: 12,508

This week is not that good, the bitcoin price goes down and the bustadice profit got dumped also.
Yolodice is still doing fine.

What are your thoughts this week?  

[ChuckBuck]

Once again, Yolodice shows that it is a more worthwhile place to invest than Bustadice. If you follow up all the week, Yolodice seems always give you better profits than Bustadice  BTC price is down slightly, but I think it will increase next week, you can be profitable there. After all, you still not lose this week. It's great news 

[KTChampions]

~

Thanks for the statistics. I was always interested to look at the results from a real investor. Do you have any target level (by profit or investment term)? I will follow your reports with interest.
As I understand it at the moment, if you take the profit (in dollars), then it is insignificant compared to the volatility of bitcoin price.

[bisdak40]

This is the update for Yolodice:        

This is my total profit for:             

BTC: 0.00207044
USD: 137.18
PHP: 6,999

For the amount of time that your investment is seating in there, Yolodice is better of the two but it's not advisable to withdraw your investment for now as the fee is high for Yolodice withdrawal, 0.002++ for instant and 0.001++ for not so instant  .

One thing that i have learned in this kind of investment, you have to make it long term, a year or more would be good and the amount must also be substantial just like what the OP have invested. Might not be a big profit in terms of btc but it's the volatility of BTC that might bring the fortune for us.

[examplens]

Be careful with Yolodice and investment there. Here is my experience with his website: https://bitcointalk.org/index.php?topic=1674772.msg54513824#msg54513824
Still waiting for a reply from there, I don't want to say any accusations, but I am not happy with this situation.
This is not my first investment in casino bankroll (first time on Yolo), I know how it works.

[chaser15]

Be careful with Yolodice and investment there. Here is my experience with his website: https://bitcointalk.org/index.php?topic=1674772.msg54513824#msg54513824
Still waiting for a reply from there, I don't want to say any accusations, but I am not happy with this situation.
This is not my first investment in casino bankroll (first time on Yolo), I know how it works.

That was a serious matter and Yolodice needs to investigate that. I saw you as an experienced person in crypto-gambling so I'm sure you are not that type of person that can be hacked easily nor become a victim of a trap.

What confused me is the IP logs and withdrawal time is not correlating. I will follow the story as we don't know what really happened so it's difficult to give any comments for now. Yolodice will surely have an answer for this.

One thing that i have learned in this kind of investment, you have to make it long term, a year or more would be good and the amount must also be substantial just like what the OP have invested.

Yes, funds should be intact with no withdrawal for a long period so that the percentage will not change. Bankroll investment is really for the long-term. That's why picking a crypto-gambling site requires a deep DYOR. I do amazed at OP for giving it a test.

[qory]

This topic is related to this: https://bitcointalk.org/index.php?topic=5223846.msg53787780#msg53787780

I just tried the gambling investment and I am going to post here the update's every week or month. I hope you will learn something from here, and decide if it's worth it or not.

I invested 0.05BTC at bustadice and it diluted the 2% of it, so I have 0.049BTC investment and 0.001BTC loss.



I also invested at YOLODICE with 0% Dilution fee. I invested 0.05BTC



Here's a chart that will summarize the update of my investment every week/month.
It includes the price in fiat (PHP and USD)



I hope you will learn something from here, Thankyou. and Stay safe everyone!!


UPDATES!!!
WEEK2: https://bitcointalk.org/index.php?topic=5239794.msg54258902#msg54258902
WEEK3: https://bitcointalk.org/index.php?topic=5239794.msg54314339#msg54314339
WEEK4: https://bitcointalk.org/index.php?topic=5239794.msg54372318#msg54372318
WEEK5: https://bitcointalk.org/index.php?topic=5239794.msg54420314#msg54420314
WEEK6: https://bitcointalk.org/index.php?topic=5239794.msg54470922#msg54470922
WEEK7: https://bitcointalk.org/index.php?topic=5239794.msg54511865#msg54511865

Bad investment site system, where ever almost investment give us profit about 4% until 10% from our salary and distributed several percent each day begin from 1% until 4% depend which one investment site working. I have been in thousand investment kinds but never get the same problem like you although with gambling investment without get profit return,

[Taskford]

This topic is related to this: https://bitcointalk.org/index.php?topic=5223846.msg53787780#msg53787780

I just tried the gambling investment and I am going to post here the update's every week or month. I hope you will learn something from here, and decide if it's worth it or not.

I invested 0.05BTC at bustadice and it diluted the 2% of it, so I have 0.049BTC investment and 0.001BTC loss.


I also invested at YOLODICE with 0% Dilution fee. I invested 0.05BTC



Here's a chart that will summarize the update of my investment every week/month.
It includes the price in fiat (PHP and USD)



I hope you will learn something from here, Thankyou. and Stay safe everyone!!


UPDATES!!!
WEEK2: https://bitcointalk.org/index.php?topic=5239794.msg54258902#msg54258902
WEEK3: https://bitcointalk.org/index.php?topic=5239794.msg54314339#msg54314339
WEEK4: https://bitcointalk.org/index.php?topic=5239794.msg54372318#msg54372318
WEEK5: https://bitcointalk.org/index.php?topic=5239794.msg54420314#msg54420314
WEEK6: https://bitcointalk.org/index.php?topic=5239794.msg54470922#msg54470922
WEEK7: https://bitcointalk.org/index.php?topic=5239794.msg54511865#msg54511865

Bad investment site system, where ever almost investment give us profit about 4% until 10% from our salary and distributed several percent each day begin from 1% until 4% depend which one investment site working. I have been in thousand investment kinds but never get the same problem like you although with gambling investment without get profit return,

Are you referring for the choice of OP for investing on this site? since I think its still in good shape since the number is much realistic compare to the other site who promise you to earn a passive profit since most of them are scams. And it's normal to have a bad day for his investment since first it's a gambling site so there's an instance for casino to lose when their players became lucky to win on their bets.

[Tytanowy Janusz]

@Taskford @qory Please don't quote whole OP just to add 2 lines of text. Quote a sentence that you are referring to or if you are referring to author just use @nick. This really helps reading and makes thread looks much cleaner.

What are your thoughts this week?

Bustatide just don't want you to get into profit. 1.5 month and you are still paying investment fee - still on loss. That's pretty much a killer for me. Too much risk compared to profit. Looks like while investing in bankroll finding leading casino is not the only think that we should look at. We should also find casino that actually needs our investment and pays good for risk. Yolodice is on market from 2016, consolidate its market position (seams to be as safe as bustadice) but gives much better roi and no investment fee. Much better option IMO and 1.5 month is enough to say that.

Still waiting for a reply from there, I don't want to say any accusations, but I am not happy with this situation.
....
I did not receive any conformational email, or any other notification about withdraw.

Looks like hack and it is possible that you were hacked not casino. I didn't test yolodice withdrawals yet but they might not send conformational email at all - they don't require email to create account and that's what's written on yolodice regarding email:

We will use your email only in special cases: emergency updates, critical news or security issues

Do you best to protect your other investments now. They may all be in risk now.

[ChuckBuck]

Be careful with Yolodice and investment there. Here is my experience with his website: https://bitcointalk.org/index.php?topic=1674772.msg54513824#msg54513824

So have you received feedback from them yet? I believe they had something wrong. Yolodice has been in operation for many years and didn't seem to be any problems during that time. I hope they solve your problem soon  An update of you here is needed 

Looks like hack and it is possible that you were hacked not casino.

It would be the worst case for a casino, if it were a mistake on their part, it was easy to fix. But if it's hacked, meaning their casino is no longer secure, many people will leave it. And we should leave it if it is really hacked. But I don't think someone just hacks his money, it's a different matter.