Snipie's gambling investment test

[KTChampions]

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!
Ethan was there too and checked the server, there wasn't anything suspicious.
Well he was super lucky but the investors will suffer for a long time with -70-80%!

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

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[bobyhodob]

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!
Ethan was there too and checked the server, there wasn't anything suspicious.
Well he was super lucky but the investors will suffer for a long time with -70-80%!

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

[KTChampions]

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

Sorry for the offtopic, but I think this is an imaginary difference. New players have zero or minimum distance, so sometimes they play a plus. The old players are already beaten by the distance and therefore it seems that the chance for them is lower than for the new players.

[snipie]

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

If there will be a valid and profitable strategy, they will all close doors  
That's why there is 20 red strikes in x2 chance or 10 reds with x1.5 which can make you lose everything.
For that guy who won much LTC, he in fact won some ~5500 LTC first then lost 1000 LTC later and maybe if he didn't stop, he may lose more.

[xxjumperxx]

Its all about luck and thats why its called gambling. Winning streaks can last a while but same goes for losing ones.
Thats why chasing strategies can cost you alot of money.
He was a on heater and was making some serious cash, but it could have turned and his losing streak could have made him lose it all and more.

[snipie]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.
The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%)

[Tytanowy Janusz]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.

It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568  %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit).

[snipie]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.

It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568  %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit).

Yeah that change in the bankroll % happened a month ago after the decent winning and after months of dip/negative investment for some. It is quite predictable but since that change, our share remained +/- stable during the last weeks.
I tried short investment in doge too the last week and I got like 23 doge from 3.6k in few days then pulled it. Seeing the chart now, if I kept it, I may get $2 or x3 earnings.

[KTChampions]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.
The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%)

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small 
Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) 

[snipie]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.
The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%)

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small 
Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) 

Yeah of course, the more we have shares in the bankroll the more we will earn. However 10x my initial investment is a number that I can't afford to lose +  the LTC scenario could happens with BTC too especially when I see people having big funds and don't mind to risk it
If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan.

[KTChampions]

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small 
Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) 

Yeah of course, the more we have shares in the bankroll the more we will earn. However 10x my initial investment is a number that I can't afford to lose +  the LTC scenario could happens with BTC too especially when I see people having big funds and don't mind to risk it
If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan.

Yes, it seems to me, this event with LTC alienated many potential investors. If I had not followed your topic and the topic that Yatsan created, I would not have imagined that this is possible. I thought that the casino has a more stable income and investments in it are almost 100% safe.
So again, thank you very much for this topic)

[Reid]

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.
The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%)

Your numbers are looking great and of course, so does mine.
It went down a bit last time we discussed it at Yatsan's thread. But, the good thing is we don't see it falling like last month.

I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though.
Does that mean some of the investors are already out?

[snipie]

Updated the table.
This week was quite stable with a tiny growth in our investment and a little drop in the bankroll share. Although there was a rise in the investment profit in BTC, the USD price dropped because of the recent ~$1.5k drop from the btc/usd pair.

Does that mean some of the investors are already out?

Yeah some investors closed their investments after the good record. I think they are just short term investments.
Maybe it is better to track it from time to time to have a better idea
Today:
Currently invested   182.68532327 BTC
No. of open investments   144
No. of current investors   82

[KTChampions]

~
I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though.
Does that mean some of the investors are already out?

If this is not a secret, then tell me what kind of money did you invest? hundreds/thousands and so on

Yeah some investors closed their investments after the good record. I think they are just short term investments.
Maybe it is better to track it from time to time to have a better idea
Today:
Currently invested   182.68532327 BTC
No. of open investments   144
No. of current investors   82

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

[snipie]

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

Well it works on both directions actually
Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge.
Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses]
So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose

[KTChampions]

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

Well it works on both directions actually
Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge.
Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses]
So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose

Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think.

[snipie]

Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think.

Yeah definitely, since the house is most of the time winning then at the long term (years) having a bigger share will provide a bigger return, especially if whales weren't counted
However in the short - medium In Yolodice this cannot be guaranteed! For example, the LTC investors suffered twice big losses in less than a year leading to more than 70% of their initial investment to disappear, recovering it will be challenging! I tried to estimate the amount won by the bankroll after ethan made the change for them and it seems to be 320 LTC?/14 days. There were like 4k LTC still missing from the bankroll and even recovering it will not make -70% returns to 0%. Most likely LTC investors have to wait for +6k LTC in the bankroll to start winning again without counting another big drop or repetitive smaller ones...

[Tytanowy Janusz]

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

I was expecting to see at least small recover but LTC investors didn't even get handkerchiefs to wipe their tears. This crazy winner just take 5k LTC and left. Crazy...


Guys... diversyfication is a must have in bankroll investment.

[xxjumperxx]

Guys... diversyfication is a must have in bankroll investment.

This is so true, glad someone is repeating it!
Bankroll investing is by no means a sure thing, the chances do become pretty good in long term though.

Short term someone can just come in and clean up house and in the worst case take his winnings and bail!

[Tytanowy Janusz]

Speaking of LTC investment. I just realized that Yolodice reduced commission to 35%.

We are lowering commission on all LTC investments to 35% till 31st December 2020. This applies to all new and existing investments!

This should help recover loses for LTC investors, but i doubt that guy like this one will recover before 2022.