Snipie's gambling investment test

[snipie]

This week as well it seems your loses would increase because there was a 2+ btc won ystd by someone and thus for the people with the open position their profits if any would be reduced or turned in losses and for those who are continuing with their investment will just add up more losses to it. This is how the gambling investment works. Hope the site make some profits which will happen eventually and will be big relief for the investors.

Yeah actually my losses just multiplied by 2 yesterday and I was connecting when a user won those BTC. I think I will update the table again this week...

[Reid]

Just checked mine. Yeah, it doubled in red.   
Lucky winner.
I am at −0.00096167 now and I think this will be more difficult to go back to green.
Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. 

[xxjumperxx]

Just checked mine. Yeah, it doubled in red.   
Lucky winner.
I am at −0.00096167 now and I think this will be more difficult to go back to green.
Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. 

All you have to hope is that the lucky winner comes back and plays again.
No seriously, the players normally come back feeling lucky, play again, chase and lose.

[bitcoinisbest]

Just checked mine. Yeah, it doubled in red.   
Lucky winner.
I am at −0.00096167 now and I think this will be more difficult to go back to green.
Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. 

All you have to hope is that the lucky winner comes back and plays again.
No seriously, the players normally come back feeling lucky, play again, chase and lose.

This could be true because greed is something which brings back people to play and make more money. And if person who had won it cannot control the emotions would come back to play and now possibly with bigger amount as has got big profits and try the luck. Seeing many investors have lost all their profits and now sitting on loses. It will recover but may just need to have patience form now on.

[Vaculin]

Just checked mine. Yeah, it doubled in red.   
Lucky winner.
I am at −0.00096167 now and I think this will be more difficult to go back to green.
Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. 

All you have to hope is that the lucky winner comes back and plays again.
No seriously, the players normally come back feeling lucky, play again, chase and lose.

This could be true because greed is something which brings back people to play and make more money. And if person who had won it cannot control the emotions would come back to play and now possibly with bigger amount as has got big profits and try the luck. Seeing many investors have lost all their profits and now sitting on loses. It will recover but may just need to have patience form now on.

Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win.
Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever.

[xxjumperxx]

Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win.
Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever.

This.
In the long run the House Edge will favor the House and the house will always end up in profit.
Of course there will be ups and downs, but due to the Edge the House and us investors will win.
Its just a matter of time and patience and having a BR big enough to cope with the losses.

[snipie]

Just simplify everything when investing, just consider that it's just a cycle but in the long run it's always the house who will win.
Whether they are greedy or discipline, or they are lucky or not, what matters is the house edge that the casino has, so that negative profit is not gonna stay forever.

This.
In the long run the House Edge will favor the House and the house will always end up in profit.
Of course there will be ups and downs, but due to the Edge the House and us investors will win.
Its just a matter of time and patience and having a BR big enough to cope with the losses.

In the short run (weeks) we faced loss after loss as you can see in the table. In the medium range (months), at the beginning at least there isn't clear signs of improvement but it is still early to judge. In the long run, charts in the site are showing profits for earlier investors. We will keep monitoring the situation and we will see 

[xxjumperxx]

But we don't know when the negative profit will be change into green, and if the green comes, maybe you don't have to wait for a long time to close the investment. By closing the investment, no matter if the profit is small, you still get the profit, but if you wait for more, there is no guarantee that the green will stay there.

Thats why its still considered gambling. 
But youre on the side of the house when investing.

[wxa7115]

Just checked mine. Yeah, it doubled in red.   
Lucky winner.
I am at −0.00096167 now and I think this will be more difficult to go back to green.
Sad for other investors who have a higher portion. I hope we could get it all back even if it takes time. 

Assuming that the casino in which you are investing is doing things properly and their risk of bankruptcy is low or even zero then you should eventually recover your money and see profits, however by nature investing in a casino bankroll should be considered a long term investment, as you may guess you may be lucky and invest just when a whale losses a huge amount of money and get great profits right away but the opposite can happen as well in which case it will take you some time to recover your money.

[Natalim]

however by nature investing in a casino bankroll should be considered a long term investment,

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

[leea-1334]

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

[Finestream]

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

Or we can say it's just a matter of discipline.

Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret.
When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed.

[snipie]

Updated the table.
More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person!
Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change 

[LogitechMouse]

Updated the table.
More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person!
Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change 

I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).
I did it because I need the money immediately for personal purposes.
Well, lets just not visit the site for a while and focus on something . For sure you will be frustrated if you will visit your investment just to see that it is at a loss.

[snipie]

Updated the table.
More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person!
Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change 

I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).
I did it because I need the money immediately for personal purposes.
Well, lets just not visit the site for a while and focus on something . For sure you will be frustrated if you will visit your investment just to see that it is at a loss.

You mean just forget about it and come back after one month or two, since i doubt really a stable growing green numbers before four weeks from now
Well since you pulled your money I should advise you to study very well the current situation. You either invest and start climbing or invest and keep drawing! It is gambling for real which I wasn't aware of until I started investing 

[Negotiation]

The main purpose of investment is to make profit However,it may be at a logical stage This requires well-thought-out and analytical investment. No matter what business you do if you don't invest wisely you will incur losses And if that is the stock market then there is no more talk. This is a very sensitive sector for investment You and your whole family may have to sit on the road for a while That is why we should always monitor the market before investing The market is changing with the advancement of technology.

[xxjumperxx]

The main purpose of investment is to make profit However,it may be at a logical stage This requires well-thought-out and analytical investment. No matter what business you do if you don't invest wisely you will incur losses And if that is the stock market then there is no more talk. This is a very sensitive sector for investment You and your whole family may have to sit on the road for a while That is why we should always monitor the market before investing The market is changing with the advancement of technology.

You should never invest more than you are willing to lose.
I mean on a gambling site  you should never invest all of your live savings that would put you in a bad situation if you lose it...
I repeat NEVER!

[iamsheikhadil]

Ouchie, that looks red streak, but I guess one needs to invest for years sometimes or sometimes it's just pure luck as many lucky players win at same time. The key is probably margin, because if you are betting with a huge margin then you will win/lose faster but if you aren't willing to take such risks then slow growth/loss will what it be!

[LogitechMouse]

Updated the table.
More losses eventually... There was a big spike in the chart in the last 24 hours, almost 340 BTC was wagered, most of it by 1 person!
Will keep updating the table as usual, 1 weekly and maybe 1 exceptional update if there will be a huge change 

I just pulled my investment on Yolodice already with a loss (around ~50k sats loss).
I did it because I need the money immediately for personal purposes.
Well, lets just not visit the site for a while and focus on something . For sure you will be frustrated if you will visit your investment just to see that it is at a loss.

You mean just forget about it and come back after one month or two, since i doubt really a stable growing green numbers before four weeks from now
Well since you pulled your money I should advise you to study very well the current situation. You either invest and start climbing or invest and keep drawing! It is gambling for real which I wasn't aware of until I started investing 

I will invest again if I have BTC in Yolodice (which we always have weekly ).
Its just that I really need the money right now because of personal problems and I decided to invest some of it into different investments too like Stock Market and in Ethereum too.
For sure I will keep myself updated to this thread and I will invest again in the site.

[mezzaluna]

That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well.

You can also try investing on other Gambling assets like being an sponsor to Gambling websites if that is possible.