GAMBLING SITE INVESTMENT

[snipie]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time 

I guess it would be nice if you also make your own thread, more thread would be more helpful to investors who like to try investing in a casino.
So far, this is the only thread that shares an investing journey publicly, you can add one actually, and maybe add more gambling sites to invest too.

Yeah I will do it but for now since I don't have much data to share I will shoot some updates here from time to time until I have 1-2 months investment setback

[Natalim]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time 

I guess it would be nice if you also make your own thread, more thread would be more helpful to investors who like to try investing in a casino.
So far, this is the only thread that shares an investing journey publicly, you can add one actually, and maybe add more gambling sites to invest too.

Yeah I will do it but for now since I don't have much data to share I will shoot some updates here from time to time until I have 1-2 months investment setback

You can actually make a similar format OP made, eventually the data will increase as you continue investing, OP started with only 2 site and now, he only invested one, at least we can see some comparison, and like I've mentioned, it's nice if you also include other gambling sites that accept public investment.

[snipie]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time 

I guess it would be nice if you also make your own thread, more thread would be more helpful to investors who like to try investing in a casino.
So far, this is the only thread that shares an investing journey publicly, you can add one actually, and maybe add more gambling sites to invest too.

Yeah I will do it but for now since I don't have much data to share I will shoot some updates here from time to time until I have 1-2 months investment setback

You can actually make a similar format OP made, eventually the data will increase as you continue investing, OP started with only 2 site and now, he only invested one, at least we can see some comparison, and like I've mentioned, it's nice if you also include other gambling sites that accept public investment.

Ok then I will create my own topic later with a picture and maybe a table to track changes every few days or every week like OP. For investing in other gambling sites I don't think I will do it at least for now. For Yolodice I may invest in ETH too if it will be available and maybe in LTC at some point just for curiosity 

[matchi2011]

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.

If a whale starts playing means the casino has more chance to earn money than the normal players, there will be some members win big amounts but all the members who losses will equalize the things so the chances of going into negative is less unless the casino has less players and rewarding huge max payout.

Whales affects the casino especially those who are really good with this business, they are well aware from how things can turned. They are ready
in any consequences that they will going to take. But in terms of your argument, that's also possible since if there are many gamblers inside the
place the house also have chance to win and make money coming from those house edge that those gamblers will going to bring.

[LogitechMouse]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time 

We are both participants of  yolodice signature campaign for a long time already and yet, we decided to invest on it just now .

I don't know too what is that invest thingy on yolodice too. I tried to understand it but I couldn't but with the help of this thread, I understand it already and tried to invest my spare Bitcoins on it. Now my investment in yolodice is doing great and that would be better instead of just sitting my Bitcoins there . Either way, we can get a weekly BTC and invest immediately on their site for additional profit.

Ok then I will create my own topic later with a picture and maybe a table to track changes every few days or every week like OP. For investing in other gambling sites I don't think I will do it at least for now. For Yolodice I may invest in ETH too if it will be available and maybe in LTC at some point just for curiosity 

You can invest LTC on it but I don't think you can invest ETH since the coins that are only accepted in investing are BTC, LTC and DOGE.

[snipie]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time  

We are both participants of  yolodice signature campaign for a long time already and yet, we decided to invest on it just now .

I don't know too what is that invest thingy on yolodice too. I tried to understand it but I couldn't but with the help of this thread, I understand it already and tried to invest my spare Bitcoins on it. Now my investment in yolodice is doing great and that would be better instead of just sitting my Bitcoins there . Either way, we can get a weekly BTC and invest immediately on their site for additional profit.

Ok then I will create my own topic later with a picture and maybe a table to track changes every few days or every week like OP. For investing in other gambling sites I don't think I will do it at least for now. For Yolodice I may invest in ETH too if it will be available and maybe in LTC at some point just for curiosity  

You can invest LTC on it but I don't think you can invest ETH since the coins that are only accepted in investing are BTC, LTC and DOGE.

Yeah lol, I didn't have, let's say, enough courage to participate and investing my earning there although I was just 1 click away but Yatsan encouraged me with his posts and yeah why not give it a try. Even if I lose my initial investment, I will not mind it since I could cover it later  

Edit: this is my personal topic as it was asked Natalim https://bitcointalk.org/index.php?topic=5254959.0
I shared the link to this topic too since it is more interesting 

[ChuckBuck]

Hey @Yatsan, where are you?
It's been a long time since you last updated here, I've been waiting for it, but I don't see updates from you. Has your test ended? If it is as expected, you will post the update on the 10th, but today is the 13th and I see nothing, even though you are still active. I do not see the notification of ending test from you 

[Ziskinberg]

Hey @Yatsan, where are you?
It's been a long time since you last updated here, I've been waiting for it, but I don't see updates from you. Has your test ended? If it is as expected, you will post the update on the 10th, but today is the 13th and I see nothing, even though you are still active. I do not see the notification of ending test from you 

I think he is busy, let's just wait for awhile, and while waiting it's good to see that we have another investment journey to follow.

Snipie's gambling investment test

[Mahanton]

Hey @Yatsan, where are you?
It's been a long time since you last updated here, I've been waiting for it, but I don't see updates from you. Has your test ended? If it is as expected, you will post the update on the 10th, but today is the 13th and I see nothing, even though you are still active. I do not see the notification of ending test from you 

Dude, we do have personal things to be done in real life and if there are delays when it comes to updates or posting of profit info then we should at least make out some consideration or patience.

We dont know if he's busy into something or do prioritize other things but rest assure this guy Yatsan would post it once he had already the time to do so.Just be patient.!

[Tytanowy Janusz]

Ok my Doge investment on yolodice passed 1 whole month:



Damn i didn't expect it to be that bad. I'm still recovering after whale big win last week:

Meanwhile, my doge investment:

It was >+5.2% since yesterday showing great performance after 25 days. I was waiting for whole month to pass to post my results here but...

x ^25 = 1.052
x= 1.00203 (daily)
x ^ 365 = 2,096 (estimated annual ROI - 109,6% profit)

But yesterday one lucky bustard eat my whole profit and left my wallet with -2.26%


Daaaamn. Hats off man. This has to be a great win:

my estimation
current bankroll - 76 206 000 DOGE.
yesterday bankroll - 76 206 000 / 0,925 = 82 384 000 DOGE
Lucky bustard profit - ~ 6 mln DOGE = 15 570 $

Congratulation man, whoever you are

Hopefully DOGE is stable at 27 sat (right where i bought it). I wish to see that whale once again. I need a revenge If my calculations are right i should be at >6% profit without his win what can be extrapolated to >100% annual profit but ... but its no longer in game - thanks whale

[Yatsan]

So here's my update for week9!!

This is the update for Yolodice:        

This is my total profit for:          

BTC: 0.00291989
USD: 170.32
PHP: 8,508   



Here's the spreadsheet:



I just pulled out one my investment at the bustadice and I got breakeven there,  I got 0 profit/loss in BTC.
I needed extra funds to scale one my business so, I withdraw the bustadice investment.

Yolodice seems fine, maybe next month, I will add additional investment there to make it .1BTC investment again.  

What are your thoughts this week?  

[Tytanowy Janusz]

I did additional table for your investment:



I think it can help show true potential of long term investment. We can see that after first 4 weeks sample is big enough to stabilize at 40% estimated annual ROI. I think that it is an actual annual ROI that we should expect if nothing extraordinary happens (f.e. bankroll will double and whale will win/loss big)

[snipie]

Seems nice return after 2 months. In the short run my profit isn't important but I think things gonna be better in the long run and same goes for you. The only thing that we should worries about is a lucky whale 

[ChuckBuck]

I needed extra funds to scale one my business so, I withdraw the bustadice investment.

Although you need money for business, but if you withdraw your investment from Bustadice for any reason, I still support you    Due to the fact that Bustadice has shown that they are not really a good place to invest. Because profit is shared based on proportions, it takes you 8 weeks to recover the capital. This means that all the people investing in Bustadice at the same time with you will have the same thing. No one wants to keep their investment somewhere and cannot give them the expected return. 0.1BTC to invest in Yolodice is reasonable 

[Reid]

So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time 

We are both participants of  yolodice signature campaign for a long time already and yet, we decided to invest on it just now .

I don't know too what is that invest thingy on yolodice too. I tried to understand it but I couldn't but with the help of this thread, I understand it already and tried to invest my spare Bitcoins on it. Now my investment in yolodice is doing great and that would be better instead of just sitting my Bitcoins there . Either way, we can get a weekly BTC and invest immediately on their site for additional profit.

Same with me.
That is because we didn't join the last time they had the same service.
I didn't notice it or I am late when I got in their gambling site.

It's easier for us since we won't have the problem of depositing. 
But I still would like to encourage more people to use the Yolodice site as an investment since its trusted for years or better if they want to play Dice.
Our investment profits will all come from that.

[pixie85]

Looking at your profits I feel that I should have invested instead of trading with my coins.

I have to somehow cut on my expenses and start saving up and investing some of my campaign profits especially since this is so easy for someone who's already in a campaign.
The only thing standing between me and more profits is the need to spend some every month

[xxjumperxx]

Looking at your profits I feel that I should have invested instead of trading with my coins.

I have to somehow cut on my expenses and start saving up and investing some of my campaign profits especially since this is so easy for someone who's already in a campaign.
The only thing standing between me and more profits is the need to spend some every month

Hindsight is 20/20 

It looks like the investment is running good, but just like trading you can have a bad day at investments also.
A whale could come in, have a lucky day and have some good winnings to put a dent in his investment....

[Globb0]

Looking at your profits I feel that I should have invested instead of trading with my coins.

I have to somehow cut on my expenses and start saving up and investing some of my campaign profits especially since this is so easy for someone who's already in a campaign.
The only thing standing between me and more profits is the need to spend some every month

Hindsight is 20/20 

It looks like the investment is running good, but just like trading you can have a bad day at investments also.
A whale could come in, have a lucky day and have some good winnings to put a dent in his investment....

Like in martingale the longer its there the longer its a risk.

Id love to see a lot more figures and over varying timescales and really understand these numbers.

They don't need to for nothing, some reason is there. I guess they take profit no matter what but backers take the hits.

[Tytanowy Janusz]

Like in martingale the longer its there the longer its a risk.

In martingale, you have same risk with every bet (and this risk is not worth reward). No matter if you just started or just placing millionth bet.

https://bitcointalk.org/index.php?topic=5112216.msg49942103#msg49942103

Id love to see a lot more figures and over varying timescales and really understand these numbers.

They don't need to for nothing, some reason is there. I guess they take profit no matter what but backers take the hits.

Yolodice share its data.


https://yolodice.com/#stats/investor

As we can see in short term we can see dumps (whale wins) but in long term there is only profit. I suggest everyone to not gamble with this investment (because that's what avoiding whales is). Just put your money in and check once a week if there are no scam accusations (exit scam alerts). And whale is only a person. He can win but he can loss too.

[Globb0]

Like in martingale the longer its there the longer its a risk.

In martingale, you have same risk with every bet (and this risk is not worth reward). No matter if you just started or just placing millionth bet.

https://bitcointalk.org/index.php?topic=5112216.msg49942103#msg49942103

Id love to see a lot more figures and over varying timescales and really understand these numbers.

They don't need to for nothing, some reason is there. I guess they take profit no matter what but backers take the hits.

Yolodice share its data.


https://yolodice.com/#stats/investor

As we can see in short term we can see dumps (whale wins) but in long term there is only profit. I suggest everyone to not gamble with this investment (because that's what avoiding whales is). Just put your money in and check once a week if there are no scam accusations (exit scam alerts). And whale is only a person. He can win but he can loss too.

Thanks for that link

So interestingly 2BTC is about 1% of the backing and the return would look like 0.1BTC from past 2 months, If I interpreted that correctly. That's the recent story.

I just delved deeper and found these 3 examples. All 6 months long so more useful data on the longer term potential.


Looks like they started all 3 with 10 BTC balance, 6 months = about 12% apparently