Snipie's gambling investment test

[snipie]

Updated the table.
My earnings are negative from yesterday. My first impression when I make a comparison to Yatsan is that it will take much longer time to earn something valuable when you invest with a tiny amount. Not talking about big earnings obviously but a small amount of return. 10 days and I still find it negative sometimes. Tho about retracting my investment, making it bigger and reinvest again but I think I will let things go like this and let's see what basic investment amount will make you earn.

[xxjumperxx]

I think its a normal thing.
There will always be ups and downs in investments, short term there will always be ups and downs, therefore its probably wise not to be that worried about short term losses as the investment should be long term.

[stadus]

Some days would end up in green and other days may be in red. This is how it is going to be and will continue to be the same. Only advice will be for people would be to invest the extra amount which you would not require immediately so you can stay invested for long time and can get profits as well.

Sorry, extra means not a serious investment for me, if I see that the investment is doing good, it's profitable, so regardless on the profit that I'll make, I will be willing to invest as casinos do always wins or if not, at least they win most of the time.

It's correct that sometimes you end up negative or positive, but investing in a casino is good if you treat it as a long term investment, just like a casino, they need to run their business for months and years in order to grow because they are confident they'll win as they have the advantage.

[pakhitheboss]

I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing.

[snipie]

I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing.

Yeah it is early to judge and after 1-2 months the picture will be better indeed 
Interestingly my LTC investment is doing very well and my ROI is 0.4583% after 4 days which I find quite good. Meanwhile my BTC is still negative with - 500 satoshi.

[FIFA worldcup]

I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing.

One thing is for sure that if OP is in loss or balance, the site seems real and does not grantee only profits. If a site offer both profit and loss, then only it can be legit in the long run. I will also keep track of the progress and see how it turn up in the few weeks time.

[stadus]

I see that you are currently neither in profit nor in a loss. I guess it is too early to get into any conclusion. Ups and downs are part of Investment still, profit is what everyone looks for. I think after 30 days there would a better picture. I will keep an eye on this thread and then decide about investing.

One thing is for sure that if OP is in loss or balance, the site seems real and does not grantee only profits. If a site offer both profit and loss, then only it can be legit in the long run. I will also keep track of the progress and see how it turn up in the few weeks time.

Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything.

[snipie]

Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything.

Yeah lol, losing all the investment means huge losses for everyone which needs more than a bunch of lucky whales. The max amount to bet is adjustable to prevent these situations tho.
Updated the table, my bitcoin investment is still red but better than the previous reddish days. My LTC is performing better + 0.00253876 in profit and + 0.5135 ROI in 6 days

[Reid]

Lol, if OP loss his entire balance that means the site lose a lot of money, his investment is not even 1% of the total bankroll, so imagine how much the site lose if OP lose everything.

Yeah lol, losing all the investment means huge losses for everyone which needs more than a bunch of lucky whales. The max amount to bet is adjustable to prevent these situations tho.
Updated the table, my bitcoin investment is still red but better than the previous reddish days. My LTC is performing better + 0.00253876 in profit and + 0.5135 ROI in 6 days

Does LTC really have a better chance here?
I think bettors are using it more than BTC and Doge.
Maybe because of the fastest roll even with a lower bet?

I have been thinking to invest there too since there is not much movement with bitcoin investment.
What do you think?

[peter0425]

I want first to thanks Yatsan (https://bitcointalk.org/index.php?topic=5239794.0) for sharing with us his personal experience with investment in 2 gambling sites and since I invested an amount too in Yolodice and was asked to create my own topic to share my experience too so here we go.

So in Yolodice the starting amount to invest in BTC is 0.01 and I invested several hours ago what I had there which was 0.0123 which represented 0.005562% of total share (see pic below).
First I got a little bit profit +0.00000732 after few hours and now it is red -0.00001406 (see pic). Just keep in mind that this amount is dynamic so it changes every couple of seconds, while writing this line it is now -0.00001544BTC with a Return on investment ROI = -0.1277 %.
I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available).

Just a couple of advices / informations:
- I was level 2 in Yolodice and after investing I turned level 4 with a possibility to put an avatar.
- You will not be able to claim faucet bonus since you already have coins in Yolodice (that you invested).
- Invest only the amount you believe won't be missed since like you can make a decent profit you can also lose a considerable amount.
- The much you invest, the much you ROI faster but it can also the much you lose in some cases, so do not invest more than you afford to lose.
https://i.imgur.com/B5jWvR0.jpg

Summary: (will be updated every couple of days)

DATE

|| START BTC

|| BTC ADDED*

|| USD PRICE

|| END BTC

|| Share

|| ROI

Week 1

10/06/2020

|| 0.0123 BTC

|| - - - - - - - - - -

|| 121.7** $

|| - - - - - - - - -

|| 0.005562%

|| - - - - - - - - -

11/06/2020

|| - - - - - - - - - -

|| - 0.00001544 BTC

|| - 0.15** $

|| 0,01228456 BTC

|| - - - - - - - - - -

|| - - - - - - - - -

12/06/2020

|| - - - - - - - - - -

|| +0.00000736 BTC

|| +0.07 $

|| 0,01230736 BTC

|| - - - - - - - - - -

|| - - - - - - - - -

14/06/2020

|| - - - - - - - - - -

|| +0.00000873 BTC

|| +0.08 $

|| 0,01230873 BTC

|| 0.005549%

|| +0.0696 %

15/06/2020

|| - - - - - - - - - -

|| - 0.00000159 BTC

|| - 0.01 $

|| 0.01229841 BTC

|| 0.005550%

|| - 0.0131 %

Week 2

17/06/2020

|| - - - - - - - - - -

|| +0.00001978 BTC

|| +0.18 $

|| 0.01231978 BTC

|| 0.005506%

|| +0.1617 %

20/06/2020

|| - - - - - - - - - -

|| - 0.00001052 BTC

|| - 0.09 $

|| 0.01228948 BTC

|| 0.005592%

|| - 0.0856 %

23/06/2020

|| - - - - - - - - - -

|| - 0.00000120 BTC

|| - 0.01 $

|| 0.00000120 BTC

|| 0.005617%

|| - 0.098 %

* The amount shown here is my net profit (green) or loss (red) from my initial investment. For example in June 11, I lost 0.00001544 BTC (red) but in June 12, I recovered what I lost and gained additional +0.00000736 BTC (green).
** Price estimated since I didn't check the exact USD value at the time of investing. The mentioned prices with ** are very close to the real one. Starting from June 12, 2020 I will try to post the amount added in BTC and USD at the same time according to preev.

You are inspired by Yatsan?because He is the one that i am following about investing in Gambling site.
Looking are your progress seems like there is still profit from your capital but lets wait for the long run if there are still good income your way.

But good that you experimented using small amount so there is no big burden if you failed.

[snipie]

Does LTC really have a better chance here?
I think bettors are using it more than BTC and Doge.
Maybe because of the fastest roll even with a lower bet?

I have been thinking to invest there too since there is not much movement with bitcoin investment.
What do you think?

https://yolodice.com/#stats/investor you can find here more information about each coins and the amount invested, number of people currently involved...
I don't have additional ideas honestly more than what the stats tell. I tried to invest in LTC as a test but since things are positive I kept my investment there and will see 
Here is a pic

Yes peter0425, as I said in the beginning this topic is inspired by Yatsan one

[Sadlife]

Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it.
I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying.

[Maus0728]

Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it.
I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying.

It is one of the most reputable dice site in the history I think. Back in the days when I was still at a Member rank, I have always seen their signature campaign in services section and is always one of the most anticipated campaign for bitcoin members. It would be better to check their site especially in the statistics section.

[1] [CFNP] YOLOdice.com Signature Campaign - you can easily see the progress of YOLOdice by simply scanning their thread.
[2] Re: 🔶 YOLOdice.com 🔶 play&invest, now with .ONION address - this is their main gambling thread.

[Maus0728]

Damn! Still dumped on red.

.WEEK 2
_{June 24, 2020}

Previous Weeks
[1] https://bitcointalk.org/index.php?topic=5254959.msg54633510#msg54633510

[Reid]

Never heard of Yolodice before or i've probably seen their campaign in services section just cant remember it.
I dont like investing in gambling sites myself because it will probably be use for betting purposes, especially if the games are good and high paying.

Do you mean the drive to use it for gambling (you) or Yolodice using it for different purpose?

It's different at Yolodce.
You could see a lot of examples now with Yatsan and snipie.
High chance of your investment going green.

I don't have additional ideas honestly more than what the stats tell. I tried to invest in LTC as a test but since things are positive I kept my investment there and will see 

I just know it will also rely on the number of bettors in the corresponding coin they use.
Then, how many investors there is since there's a percentage for each amount.

[xxjumperxx]

I put in a small amount also just to give it a test and its been up and down for a while.
I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha

Oh well, in it for the long run 

[Tytanowy Janusz]

Damn! Still dumped on red.

My doge investment is also on red ... after 42 days. I was on profit +5% than I was negative 2%, than negartive 5% and now i'm negative 0.7%.

@OP I see you are updating OP once per day/few days. Thats way way too much. Once per month is enough. Once per week is optimal to keep us in this thread (not to let us forget about this thread). Once per day does not show anything about investment which require a lot of time to show it's potential (1% statistic advantage over gambler). 1 day time frame shows only random fluctuations. Couple goes in a whistle.

Does LTC really have a better chance here?
I think bettors are using it more than BTC and Doge.
Maybe because of the fastest roll even with a lower bet?

I have been thinking to invest there too since there is not much movement with bitcoin investment.
What do you think?

Highest volume is on BTC. But income from this investment is based on 2 variables.
1 - gambling volume on investment coin
2- total bankroll size from all investors on investment coin

F.e If LTC volume is 2 times lower than BTC but bankroll is 4 times lower you are earning 2 times faster.

[ethereumhunter]

I put in a small amount also just to give it a test and its been up and down for a while.
I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha

Oh well, in it for the long run 

You do not need to wait for a long time. As long as you can see the green, you can close the investment and start with another investment. You should play safely in the investment so you can make a profit. No matter if the profit is small, if you can make it more often, your profit will become bigger.

But yes, maybe the red will stay for a day before the green will come again, so you need to be patient.

[Maus0728]

My doge investment is also on red ... after 42 days. I was on profit +5% than I was negative 2%, than negartive 5% and now i'm negative 0.7%.

To conclude, there is nothing much difference for a month and 2 weeks of investment in DOGE and the span of investment is obviously not profitable for short term. They are right that it needs at least 1 year for your investment to mature otherwise you'll just be seeing a small random profit.

In the next few more weeks, I am planning to open another investment for BTC and invest it for at least 1 year, the funny thing is, it takes a couple of months to convince myself to invest in gambling site.

Highest volume is on BTC. But income from this investment is based on 2 variables.
1 - gambling volume on investment coin
2- total bankroll size from all investors on investment coin

F.e If LTC volume is 2 times lower than BTC but bankroll is 4 times lower you are earning 2 times faster.

Can you explain this further? Willing to learn from you.

[xxjumperxx]

I put in a small amount also just to give it a test and its been up and down for a while.
I started off red for a while, it turned green yesterday (I got excited) only to wake up to it being red again. Haha

Oh well, in it for the long run 

You do not need to wait for a long time. As long as you can see the green, you can close the investment and start with another investment. You should play safely in the investment so you can make a profit. No matter if the profit is small, if you can make it more often, your profit will become bigger.

But yes, maybe the red will stay for a day before the green will come again, so you need to be patient.

Does that make sense though?
As soon as I hit a small profit pull out and reinvest?