Snipie's gambling investment test

[Maus0728]

What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random?

I recently closed my investment due to negative return caused by lucky gamblers and it was a surprise that today had a massive dip of more or less 4 BTC from the reflected site profit.

You have a point though, but the fact that the lucky winner have gained an upperhand on the casino, he/she is more likely going to bet a larger amount of money knowing that the lucky whale have an option to choose a higher chance of winning rate  .

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[DarkDays]

Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?

A large whale can easily tank the bankroll of a relatively small casino by -1.5%.

Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur.

Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year.

Better hope another whale doesn't come along and knock it back even further in that time.

[Tytanowy Janusz]

We all suffered this loss depending from our share in the bankroll. That big deep was quite unexpected but of course possible. Lucky whale!

I must say that it was not unexpected It was only - 1.2% - quite normal. In April 2019 we've seen 2 red weeks with -7% and in January -11% after 4 lucky days for whale. This second dump is interesting because after that there was 40% in 2 months. Someone was chasing loses like crazy.

[stomachgrowls]

Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?

A large whale can easily tank the bankroll of a relatively small casino by -1.5%.

Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur.

Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year.

Better hope another whale doesn't come along and knock it back even further in that time.

These are the things that you should worry about when you are investing with the house on which you shouldnt hope for someone to have big wins or streaks

because this would really result into negative ones but we know that house do always win but there are instances on where players do win big time.

So these kind of situation cant really be avoided. I do see reds for several weeks basing of the table shown but small percentage wont really hurt that much though.

[Natalim]

Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?

A large whale can easily tank the bankroll of a relatively small casino by -1.5%.

Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur.

Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year.

Better hope another whale doesn't come along and knock it back even further in that time.

These are the things that you should worry about when you are investing with the house on which you shouldnt hope for someone to have big wins or streaks

because this would really result into negative ones but we know that house do always win but there are instances on where players do win big time.

So these kind of situation cant really be avoided. I do see reds for several weeks basing of the table shown but small percentage wont really hurt that much though.

That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax.
As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time.

I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business.

[jademaxsuy]

That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax.
As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time.

I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business.

Loss is part of investment and it coule be far worse than it could be if not having much luck in the investments. There are always times for difficulties and times for higher profits or high returns.

As expected most of the investment had already taking plan one step ahead and that enable for any establisment to coup up with the losses.

However, there are kind of investment that will only bloom in a certain trend and it could goes around after lossing some new trends.  Therefore it will be a good practice that when one invest should understand and apply new trends as changes so that business will always resume as time passes by.

[Reid]

Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?

A large whale can easily tank the bankroll of a relatively small casino by -1.5%.

Usuallly these platforms have maximum bet sizes and other restrictions in place to help minimize the odds of this, but lucky streaks do occur.

Depending on how much volume the platform turns over, it could take quite some time before the 1.5% loss is recouped—probably around 3 months if it generates an APR of 6% per year.

Better hope another whale doesn't come along and knock it back even further in that time.

Or, we need more players that could suffice that loss. Like a balance of 1 whale = 20 average players.
I think that should be enough.

I am not actually worried about this since we are investing in the house. It can come back to a green color anytime.
If that whale comes back without lady luck on his side then we will be gaining once again. 

[xxjumperxx]

Or, we need more players that could suffice that loss. Like a balance of 1 whale = 20 average players.
I think that should be enough.

I am not actually worried about this since we are investing in the house. It can come back to a green color anytime.
If that whale comes back without lady luck on his side then we will be gaining once again. 

Most gamblers are not disciplined...
I can almost guarantee he will come back to bet again... thinking "Wow I made so much money, how about I go back to make more"....

He will be back and thats how odds work, he will lose it...

Buuut some are disciplined, maybe he took his winnings and signed off.

[glowing10]

The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.

[Natalim]

That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax.
As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time.

I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business.

Loss is part of investment and it coule be far worse than it could be if not having much luck in the investments. There are always times for difficulties and times for higher profits or high returns.

As expected most of the investment had already taking plan one step ahead and that enable for any establisment to coup up with the losses.

However, there are kind of investment that will only bloom in a certain trend and it could goes around after lossing some new trends.  Therefore it will be a good practice that when one invest should understand and apply new trends as changes so that business will always resume as time passes by.

In this particular investment, we know what are the trends because before we come up with the decision to invest, we also experience to be a gambler and we know that the house always wins, and that's the reality since they have the house edge.

However, "always" does not mean a gambling site will profit everyday but they'll be profitable in the long run and that's a sure thing.
For OP, he just lose -1.5% from his total investment which is not alarming, eventually he will be profitable because that's the trend and nature of casino.

[snipie]

The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.


[urk]https://i.imgur.com/d9oUKtf.png[/url]

It is just 1 click to decide your money fate and that whale was lucky this time.
Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks 
For the LTC investment it is doing better, still negative but there is like 40% progression.

[Reid]

The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.


[urk]https://i.imgur.com/d9oUKtf.png[/url]

It is just 1 click to decide your money fate and that whale was lucky this time.
Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks 
For the LTC investment it is doing better, still negative but there is like 40% progression.

After it jumped down its getting more difficult to equal the losses.
I don't mind the red mark.
Everyone should also see how much we are losing.
It just proves that not all investment are perfect. There will always be ups and downs.
Maybe this could also be a lesson to those who will try to invest in Yolodice.

My status: -1.5926% −0.00039815 BTC

[LogitechMouse]

Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?

I've already said it and we all experienced it: https://bitcointalk.org/index.php?topic=5254959.msg54717737#msg54717737

Some lucky whales won a huge amount of money making our profits poof in an instant . My profits for weeks have been gone in an instant. Its part of the game though and as of this moment, it is starting to increase again. Still I don't really affected by this huge down of my profits since I've seen things like this over and over and over again . Just wait for your losses to be gone but it would take weeks I think. Luckily there is no dilution fees in Yolodice or your loss will be lower.

[snipie]

Luckily there is no dilution fees in Yolodice or your loss will be lower.

It depends with the dilution fees. If your investment is old and many invested after you, you will likely get a part of that money that may equal to your loss or maybe more (depends on the share rate).
If you just invested and payed the dilution fee and you face that deep without having having enough investors coming in the short/medium then your losses will be higher and harder to recover quickly.

[xxjumperxx]

Exactly! A dillution fee is bad for the investor but all the people that have invested normally get a small piece of that pie. So when alot of new investors join the investment that sum can make an investment also turn a profit.

[snipie]

The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales

[Lucasgabd]

The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

[Mahanton]

The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?

[snipie]

The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?

I made this topic to show people how investing looks like and not for profiting. I don't really care if I lose that money although it may make me a little bit sad for failing.
For the comparison you can check this topic https://bitcointalk.org/index.php?topic=5239794.0
Yatsan already invested in Yolodice and bustadice months before me.
Personally I don't think I will open any new investment soon.

[Mahanton]

The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?

I made this topic to show people how investing looks like and not for profiting. I don't really care if I lose that money although it may make me a little bit sad for failing.
For the comparison you can check this topic https://bitcointalk.org/index.php?topic=5239794.0
Yatsan already invested in Yolodice and bustadice months before me.
Personally I don't think I will open any new investment soon.

Yeah ive seen that one and we do appreciate on what you are trying to show here on where people can have at least some glimpse on how gambling site investment works.
even myself arent really that aware on how much you would earn or loss in a particular of time.This sums up that volatility is one of the problems if you do base up on
fiat value.