Snipie's gambling investment test

[shoreno]

Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer.

As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run.

Just having the idea since the profits are also fluctuating depending on player bets.

I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits.
Yeah, I am trying to put more investment in it.
Will also update it if its okay with Snipie just for preferences. 

That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit  you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable.

nice to see users here helping each other if how they can maximize thier earning potential on gambling investment  . looking forward for more of your business guys , let see if itl became a success and ill try to test it out too  .   investing to some is not fun but its boring  , they arent contentented with the first profits that they get so they quit but if we were serious , we will never do that things , instead we will patiently waiting and keep that small profits because that can still grow huge later on  .

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[asu]

Thanks snipie for this another input of investing in gambling casino's bankroll. I've been planning to make bankroll investment as well and this will do help again.

I hope your investment goes very well.

I just hope that this will continue for a year but I'm not expecting since a single whale can eat all of my profit in an instant, just like what happened in you .

Yeah, they can, but won't you consider the opposite scenario when the whale got rekt? Your investment will do have some great profit when that comes.

[snipie]

Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer.

As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run.

Just having the idea since the profits are also fluctuating depending on player bets.

I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits.
Yeah, I am trying to put more investment in it.
Will also update it if its okay with Snipie just for preferences. 

I have no problem at all. Feel free to do it here or create your own topic
The main point is to share our experience and let other members have an idea how things are going on 

[Finestream]

Investing in casinos in order for you to feel the profit in the short run, you need to invest a decent amount, it could be profitable in short-term or long-term because we can't deny that casinos are winning most of the time as games has house edge, however, the decision to stop and re invest depends on your as no matter how profitable you are in percentage but in figure you are not contented yet, you will still keep hoping for more profit which would require you to hold longer.

As what gamblers said, house edge will beat you in the long run, so if you are in the house side, you'll definitely be profitable in the long run.

Just having the idea since the profits are also fluctuating depending on player bets.

I guess the only solution now is pull more players instead of risking to stop and start the investment just to gain small profits.
Yeah, I am trying to put more investment in it.
Will also update it if its okay with Snipie just for preferences. 

That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit  you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable.

nice to see users here helping each other if how they can maximize thier earning potential on gambling investment  . looking forward for more of your business guys , let see if itl became a success and ill try to test it out too  .   investing to some is not fun but its boring  , they arent contentented with the first profits that they get so they quit but if we were serious , we will never do that things , instead we will patiently waiting and keep that small profits because that can still grow huge later on  .

That's the best strategy in investing in a casino, you since casino are consistently making profit, your investment will also grow if you will let it sit for a while, the profit you earn will also earn, it's like depositing in a bank when you earn a compounding interest, though investing in a casino is more risky. 

[Reid]

That's good it will give us a better idea if more will share, since Snipie made its own thread, then maybe if you just wish, you can also make your own as a reference for your journey. Investing is always fun as long as you're contented with the profit  you are making, so it's better to be more serious with investing if we have a decent bankroll prepared for it, but for the mean time, we can make an experiment just to test if it's really profitable.

I am trying to but I don't have the right tools.
Also, I am not that good at making tabular sheets.  
I will try to consult my wife for help, I think she is good at it.

I have no problem at all. Feel free to do it here or create your own topic
The main point is to share our experience and let other members have an idea how things are going on  

Thank you.

Maybe I will ask things here if I ever find one so that others will have an idea of what is happening in our investments.
I actually got one already.

What is better?
1. Cancel the investment then add more.
2. Just open another line since you can make 20 of them.
Is there even a difference with that?

[Maus0728]

I am trying to but I don't have the right tools.
Also, I am not that good at making tabular sheets.  
I will try to consult my wife for help, I think she is good at it.

Using Excel with formulas on it will do or just create a table in MS Word and manually calculate your Starting BTC to END BTC on weekly basis.This may help you a bit if you struggle putting some formulas on the spreadsheet.

[1] https://digital.com/blog/excel-tutorials/

1. Cancel the investment then add more.

Unfortunately YOLODice still does not accept a top-up option from your open investment and the only thing you can do is to close the investment, add, and then reopen again. The downside of doing this kind of technique is that users will not be able to withdrew only their profit gained in the long run (dividend gain) and maybe the duration of their investment in which they have gained advantage on the house edge will be forfeited.

2. Just open another line since you can make 20 of them.

I think this is much better solution rather than closing your investment. You just still need to be patient enough to make your investment grew in the long run.
Feel free to correct me since I still a newbie on this one.

[snipie]

@Maus0728, correct the quoted text please and change my name from it with "Reid" + fix the link. I was puzzled since I don't remember saying the quoted text while it refers me to my previous post lol.
For the moment anyone can withdraw its earning, add more funds and reinvest. This will be less profitable especially after the introduce of the dilution fees in which you will lose 2% of your initial funds and have to wait longer to recover it.

[LogitechMouse]

What is better?
1. Cancel the investment then add more.
2. Just open another line since you can make 20 of them.
Is there even a difference with that?

Right now this is what I see on the website:

"Dilution fee" remains inactive until further notice.

Right now, you can just cancel your investment and can add more since the Dilution fee is still inactive right now but when this fee became active you can't do this idea anymore since as you put your investment a fee will automatically be deducted in your initial investment.

[Maus0728]

Can I join the ride? Here is my initial investment and I am planning to open more of them until the dilution and top-up function has been enabled.

.WEEK 1
_{June 17, 2020}

[maydna]

What is better?
1. Cancel the investment then add more.
2. Just open another line since you can make 20 of them.
Is there even a difference with that?

You can close the investment anytime, but cancel it when you are profit, wait for a while (up to you about how long you will wait, but for me, I leave it for 30 minutes before I reopen the investment again).

I don't try with the number two since I don't use a big amount as @Snipie does. But you can try by yourself, and you can see how it will work for you. I don't know if there is a difference with that or not because I don't try it by myself.

Can I join the ride? Here is my initial investment and I am planning to open more of them until the dilution and top-up function has been enabled.

You are welcome to join the ride

Your initial investment is also big

[Reatim]

Its good to see that you follow the advice in Yatsan's Thread to make your own gambling site investment because at least we can follow your flow and what is happening in the invesment.

And also better that we have more basis on whats happening specially like me that looking  to try similar way but i don't know how and when to start.

will be looking forward for your updates as i will bookmark this thread like what i did in Yatsan's.

Thanks for this and Wish you luck.

[Reid]

Its good to see that you follow the advice in Yatsan's Thread to make your own gambling site investment because at least we can follow your flow and what is happening in the invesment.

And also better that we have more basis on whats happening specially like me that looking  to try similar way but i don't know how and when to start.

will be looking forward for your updates as i will bookmark this thread like what i did in Yatsan's.

Thanks for this and Wish you luck.

I think it's better to start now. 
It's growing and it's better early. Also, there will be a possibility of pulling more players as we do this.

Thanks, guys for the answers.
It's better asking, rather than just blindly guessing everything.
The best part is we could help each other here by sharing more information.

The dilution part, yeah, I just realized that as I look at every information.
We can freely go in and out for now without fees.

[snipie]

My ATH profits after a bad reddish day yesterday.
I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts.

[STT]

Interesting topic to join the house, I'm wondering how long has this particular site been established for.  If it allows withdrawal without notice  and is liquid enough on the price available then its very attractive prospect to consider, obviously I'll look at the details further.

no big whale eats all of your money.

Surely risk is shared and ongoing, ie. a big bettor can win but also then lose later on and both will add into the profit or loss.   Or actually its possible to be wiped out short term somehow.

people are now becoming aroused

steady on there

[snipie]

Interesting topic to join the house, I'm wondering how long has this particular site been established for.  If it allows withdrawal without notice  and is liquid enough on the price available then its very attractive prospect to consider, obviously I'll look at the details further.

no big whale eats all of your money.

Surely risk is shared and ongoing, ie. a big bettor can win but also then lose later on and both will add into the profit or loss.   Or actually its possible to be wiped out short term somehow.

people are now becoming aroused

steady on there

Take a look here in the main topic https://bitcointalk.org/index.php?topic=1674772.0 (Investment was available then cancelled then re-enabled again)

[stadus]

My ATH profits after a bad reddish day yesterday.
I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts.

You can't expect a profit everyday or weekly, just let it sit man, casinos also lose but they have the edge so they'll still win in the long run.
I think I'm envy with your journey, I kinda think of making my own soon and I'll try as many websites as possible, lol..

[DarkDays]

What's the point of wasting your time updating this every single day?

Have you considered the value of your time here? The time you waste updating this post probably cancels out the profit you've made that day.

Just update it every week or two and bump the thread, nobody is interested in seeing the day to day gains (or losses) you're making since it's not easy then.

I suggest updating it weekly or biweekly and then calculating an annualized interest rate based on this. Then we can just compare the interest rate changes over time to see if the trend is going up or down.

It would be even better if you just use a live google sheet or something we can check, that would be far faster for everyone involved.

[LogitechMouse]

My ATH profits after a bad reddish day yesterday.
I tried to invest in doge ~5k but pulled over after -8 doge in 1 day although it was greenish yesterday. Invested also in LTC ~0.2 then retracted it today after 1 cent gain, add doge (exchanged) to it then reinvested again 0.49 LTC. Right now after few minutes it shows /minus 0.00000095 LTC/ anyway it is just a test and will not be included in the table since it is just a short term investment and I may retract it soon. I will just update it in my next posts.

Sometimes testing can lead to an long term investment too so it would be better to just sit your LTC and DOGE there.
I tried testing too with around 0.01 BTC and it gained around 20k Sats before closing it. Now I reinvested that amount and added some BTC to it (0.02983619 BTC) and that is my current investment on the site already. Now it earned around 80k sats within a month and 2 weeks. This week is a sideways week since my profits is just going up and down by a little.

You can't expect a profit everyday or weekly, just let it sit man, casinos also lose but they have the edge so they'll still win in the long run.
I think I'm envy with your journey, I kinda think of making my own soon and I'll try as many websites as possible, lol..

Earning in this kind of investments takes months or even years to feel the profit as other investors said and I agree with it.
Can you share here too some gambling sites where you can invest on their site too aside from Yolodice . Thanks.

[Maus0728]

Earning in this kind of investments takes months or even years to feel the profit as other investors said and I agree with it.
Can you share here too some gambling sites where you can invest on their site too aside from Yolodice . Thanks.

Here are the list you are looking for!
[Overview of all bitcoin casinos] Latest update: 14-03-19 VISIT NEW WEBSITE

Other Discussion
[1] https://bitcointalk.org/index.php?topic=5238582.0

[snipie]

What's the point of wasting your time updating this every single day?

Have you considered the value of your time here? The time you waste updating this post probably cancels out the profit you've made that day.

Just update it every week or two and bump the thread, nobody is interested in seeing the day to day gains (or losses) you're making since it's not easy then.

I suggest updating it weekly or biweekly and then calculating an annualized interest rate based on this. Then we can just compare the interest rate changes over time to see if the trend is going up or down.

It would be even better if you just use a live google sheet or something we can check, that would be far faster for everyone involved.

Hi DarkDays, I was already asked the same question and answered it. I just decided to update the topic frequently the first week so new investor can have an idea about what's happening. From now on the table will be updated 2x/week on average. And I have no intention to use Google services right now.