GAMBLING SITE INVESTMENT

[Globb0]

Your portfolio would have grown as ystd somebody had lost more than 15+ btc and would be the same person who had lost big last time as well. Seems to be coming 1 a month to play and try to check out his luck if he can win or lose it. This is a good sign for investors as they would have seen a good profits on last day and ROI would have also rose accordingly.

This is the meta I was talking about.

there is some kind of monthly competition and this guy apparently has the top 5 accounts.

Knowing this and studying the data, I think you could spot a pattern where you could flip in and out.

[snipie]

Your portfolio would have grown as ystd somebody had lost more than 15+ btc and would be the same person who had lost big last time as well. Seems to be coming 1 a month to play and try to check out his luck if he can win or lose it. This is a good sign for investors as they would have seen a good profits on last day and ROI would have also rose accordingly.

This is the meta I was talking about.

there is some kind of monthly competition and this guy apparently has the top 5 accounts.

Knowing this and studying the data, I think you could spot a pattern where you could flip in and out.

Yolodice has a weekly competition for the top 5 users with the most wagered amount in each coin. There is also a competition that occurs each ~2 months in 1 coin, it was ETH the last time.
Spotting this could be helpful but for example the 1st guy in the weekly for both LTC and BTC has wagered 191 BTC without affecting much our investment. It is complicated.

[KTChampions]

Damn. This dump is enormous. -70% for investors. Most likely they will need years to recover because of whale investing on the dip. 6 out of 7 biggest investors open their investment Even if casino profit chart will recover to 9000 LTC investors that lost 70% will still be on loss ~-35%. This makes me even more concerned about my investment. Maybe risk is higher than i suspected? Diversification (many casino many coins) seams to be a must-have.

@Yatsan Congratulation to your profit. +12 % is pretty decent.

I have similar thoughts. It turns out that this whale bets about as much as the other 80% of the players, and because of this, such a sharp failure turns out. But this is absolutely abnormal, I expected the results to be smooth (due to a large number of players and a wide variety of bet sizes), but in practice we have a completely opposite picture. And now, in order for this anomalous failure to be corrected, it really will have to wait a couple of years. Terrible for investors.

[Yatsan]

UPDATE NO: 17!!!

This is the update for Yolodice:        

This is my total profit for:    

BTC: 0.00892692   
USD: 341.76
PHP: 15979.29   



Here's the spreadsheet:




This update is a nice profit from yolodice! we are now at almost 18% of our ROI!!! which is very good! Hoping to see more profit through the following weeks 

[ongkok87]

This is a decent income for such small investment I'm actually a bit scared on investing to casino that it might not be profitable or so but this prove me wrong I think could start investing on yolodice too maybe on doge?

[snipie]

-snip-
This update is a nice profit from yolodice! we are now at almost 18% of our ROI!!! which is very good! Hoping to see more profit through the following weeks 

Expected to see your ATH in investissement since there was another spike in the chart lately. I am at ~11% ROI with +140k satoshi in profit. For the moment it is kinda calm, we will see if there will be more profit or not soon 

[k@suy]

This is a decent income for such small investment I'm actually a bit scared on investing to casino that it might not be profitable or so but this prove me wrong I think could start investing on yolodice too maybe on doge?

Me too, but as what we can see in his recent post, that there are some months that his earning has a little bit decreasing, but as we all know , bitcoin price nowadays are quite good, comparing to previous months, that's why from 16k (php) his money goes up to 32k++ it is now twice from his investment, and so far I see that he made a good decision to invest in a gambling site, plus it also improve to us that we can also invest in casino as well not only play there.

[Reid]

-snip-
This update is a nice profit from yolodice! we are now at almost 18% of our ROI!!! which is very good! Hoping to see more profit through the following weeks  

Expected to see your ATH in investissement since there was another spike in the chart lately. I am at ~11% ROI with +140k satoshi in profit. For the moment it is kinda calm, we will see if there will be more profit or not soon  

I am so happy now with my decision back then. I am not really expecting this much since I mistakenly closed my investment back then and just put it back.
Yeah, I am also up by 12% which is something else.
I mean, you cannot get it with other investments in a short span of time.

Let's hope this will stay or better go higher. But that means more players losing.  

[reliable]

It is good ROI and with bitcoin price increasing this helps you to make good profit if incase it is being closed. Though this is unrealized for now but good to see that slowly and steadily it is growing, and investors are making some profits as well. Else in between it was really a bad phase where all returns were negative for quite long time.

[sunsilk]

This is a decent income for such small investment I'm actually a bit scared on investing to casino that it might not be profitable or so but this prove me wrong I think could start investing on yolodice too maybe on doge?

You can start it with Doge if you are not sure with what you doing. And the amount for their minimum investment isn't that much, with 2000 Doge you can have already your investment with them.

But never expect that it will be returning that much because the amount you have invested is pretty low. Actually, you don't have to be scared in investing to a casino if its the right and very popular casino. Just don't be wrong investing to an unknown one.

[Tipstar]

18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

[Natalim]

This update is a nice profit from yolodice! we are now at almost 18% of our ROI!!! which is very good! Hoping to see more profit through the following weeks 

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

[Tytanowy Janusz]

18% in 6 months is just impressive and the real profit you are making on holding the coins is in next level. You just doubled your fiat investment. It shows how beneficial the investment in coins you are holding get. The only downside of putting coins on gambling site is you can't just quickly trade them when you get a good price. The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

1- there is no dilution fee in yolodice
2- there is build in exchange that allow you to convert coins with quite fair fee (taking into account the fact that it is a casino and not an exchange)
"The exchange rate is based on data from major exchanges and include a 3% — 4% fee."

[KTChampions]

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

[Natalim]

Now this is a real deal, 18% woahhhh.. That's a great return for just that short period of time.

Can't wait for the next update, looks like as the market is bullish, your profit investing in a casino goes bullish as well.

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

[KTChampions]

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

[Maus0728]

The dilution fees generally makes us reluctant to put coins in and out missing even the larger fluctuations.

In YOLOdice, I don't think that's true. Yesterday, ethan_nx, announced that the dillution fee will be abandoned for the safety of investors especially if there is an instance when a whale is active making large bets

3. Dilution fee concept is being abandoned

I've been waiting quite a while to give the dilution fee green light, but something did not feel right to me. I have finally decided to abandon this idea for a simple reason - I don't want to keep invested coins "locked-in" and penalize investors for any operations on their coins. IMO the dilution fee would do more harm than good.

Cheers,
Ethan

[Kupid002]

If I understood correctly this is the annualized rate of return. But even for a year, 18% of profit is a lot - it is impossible to get such interest on a deposit in any bank. If bitcoin holds its ground, then fiat returns will be really impressive.

That's only for 17 weeks, of less than 5 months per OP's last update, not year, so how much more if he would continue investing for at least a year? Probably it would double his investment since that profit will also gain profit, compounded as we call it.

Then it's just WOW! When I read such success stories, greed starts to overcome me (I admit it honestly), but I still can't find the time (or rather the will) to make the same investment. On the one hand, earning in bitcoin looks guaranteed at a distance (the casino always wins), but on the other hand, there are risks plus the volatility of bitcoin itself ...

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter  since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid  you can start with only small capital to invest just to reduce the risk.

[erikoy]

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter  since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid  you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

[Kupid002]

In any kind of investment there is always a risk even in real life or online investment.

Well if you have bitcoin already that you just want to hold, then price volatility is not really a matter  since its normal in bitcoin always even from the start as long you are aware about the risk you can invest. If you are too afraid  you can start with only small capital to invest just to reduce the risk.

Yes, but in gambling site investment I doubt that gambling is all.about profit when you play. It is all about taking house hedge or platform must be set to gain because that is business. I doubt business like this will get to losses so gambling investment is relatively a good kind of investment. So, there is nothing to worry about the profit for pretty sure there will be.

However, the risk is the trust from the team handling the investment. You have trusted your money to them and higher chances they will take away your money and all who invested in that platform.

And that is also the reason why you should not invest all the money you have in only investment , make a separate investment for every platform or gambling website if you want to invest in a house  trust isnt an issue As long its not yet happen the things that you are afraid of, I don't say it safe but it will minimal the risk if you invested it separately .