Snipie's gambling investment test

[snipie]

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

This is so true, glad someone is repeating it!

It is essential to reduce the investment risks indeed.

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.

https://i.imgur.com/dTLmrgf.png

Yeah I saw another guy with old account in the chat 1-2 weeks ago claiming to lose the same or a bigger amount from ~260? LTC to a dozen of LTC...
In the last 10 days there was 300 LTC gained by the site however the fluctuation happening all the time will reduce the final earning of each participant... Normally 195? LTC will be distributed between them, since this guy own 3% of the bankroll then he should get 5.85 LTC (*4.5 LTC before the change*) if I am not mistaken. Well guess this was not the case with the fluctuations...if he earned >2 LTC will be lucky, so to extrapolate this he will be very very grateful if he can recover his initial funds by the end of the 2021 summer considering the actual 35% is only available until the end of this year. Of course this speculation excluded a big whale losing/winning much
For BTC until now the situation is quite stable, no big modification!

[snipie]

Updated the table.
We are still in a positive trending with more people joining.
Comparision between 09 and 16 September stats:
Currently invested     182.68532327 BTC - - - > 194.74100876 BTC
No. of open investments  144 - - - - - - - - - - - - > 163
No. of current investors    82 - - - - - - - - - - - - - > 86
That's nice (although there was a drop in our bankroll )

[onrise]

Updated the table.
We are still in a positive trending with more people joining.
Comparision between 09 and 16 September stats:
Currently invested     182.68532327 BTC - - - > 194.74100876 BTC
No. of open investments  144 - - - - - - - - - - - - > 163
No. of current investors    82 - - - - - - - - - - - - - > 86
That's nice (although there was a drop in our bankroll )

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

[snipie]

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.
For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing 

[onrise]

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.
For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing 

Okay I thought Matthew was wagering for both LTC/BTC. Thanks for clarifying it. But for LTC if Mr X is still playing then not seeing much movement now in the ROI as well since it had drastically fallen like 90% or so and from past couple of weeks its hovering in negative 83 - 85% range only. Not major change happening with it.

[snipie]

Updated the table.
We are now in week 16 and the profit is still rising. Few changes happened to the bankroll during this week. I figured a table to track the changes would be better?

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

[snipie]

Updated the table.
We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition.

Changes in the bankroll during this week:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

30/09/2020

||   193.12535068

||           164

||              87

The number of investors raised but the open investments are the same and the amount invested dropped by 1 BTC meaning few investors closed their investments and a bigger number of investors joined with small amounts. Apparently they were attracted by the recent drop in the bankroll

[KTChampions]

Updated the table.
We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition.

Changes in the bankroll during this week:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

30/09/2020

||   193.12535068

||           164

||              87

The number of investors raised but the open investments are the same and the amount invested dropped by 1 BTC meaning few investors closed their investments and a bigger number of investors joined with small amounts. Apparently they were attracted by the recent drop in the bankroll

It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount).

[onrise]

Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time.

[snipie]

Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time.

Yeah I believe he was the first in the previous weekly competition and he is also the first in the actual weekly. Depositing big + lucky shots!

It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount).

It is almost 4 months and the profit is quite good until now 

[Tytanowy Janusz]

I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are:






It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume?

[snipie]

I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are:
-snip-
It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume?

Approximately 130 BTC, 8.4k LTC and 54,000k Doge were wagered in the last week. Apart maybe BTC, the other 2 coins wagered volume is low. For the BTC wagered amount, even 1 whale was able to generate the same number in 1 day.
The low gambling volume might be the consequence of the recent change, 0.5% max bet of the household, which is 0.96 BTC, 32 LTC and 300k Doge. I remember those max limits were 2.5 BTC and around 90 for LTC. So reduced max limit lowered the reward for gamblers and made it more risky and at the same time it made it safer for both house and investors.
Overall less volume injected per a bet = less volatility and considering the house advantage = stable growth. This equation will not be valid in short term if a lucky whale come back and start playing with max bet.

[snipie]

Updated the table.
We are now in week 18. The profit is in steady and tiny progression.
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

30/09/2020

||   193.12535068

||           164

||              87

08/10/2020

||   191.48537831

||           162

||              87

2 investments closed with ~1.6 BTC, that's quite big number although I didn't feel that in my share in the bankroll

[snipie]

Updated the table.
The profit in bitcoin is quite stable as usual while in USD it is ATH since the recent rise in the price
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

30/09/2020

||   193.12535068

||           164

||              87

08/10/2020

||   191.48537831

||           162

||              87

14/10/2020

||   194.56914707

||           163

||              82

The number of current investors dropped by 5 comparing to the last week however the open investments remain stable and what is currently invested increased by 3 BTC.

Overall seeing the table for ROI perspective from last 1.5 months its nearly the same ranging in 15-17% so quite stable from that front. Also, after Matthew who played big and as soon as he stopped playing the game for some time now it is not highly volatile some regular players are playing the game but with limited money unlike Matthew.

Matthew is responsible for the LTC volatility and not the bitcoin one. Another guy (I called him Mr X) is responsible for the BTC bankroll volatility who was not around for quite some time apparently 

[snipie]

Updated the table.
Our profit jumped a bit in bitcoin and it is at ATH again in USD since the recent rise in the price this week too!
The overall earnings are $178.1 vs $121.7 at the beginning so +$56.4 if we took in consideration the actual price vs the initial price when I invested
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

||   182.68532327

||           144

||              82

16/09/2020

||   194.74100876

||           163

||              86

23/09/2020

||   194.04792640

||           164

||              83

30/09/2020

||   193.12535068

||           164

||              87

08/10/2020

||   191.48537831

||           162

||              87

14/10/2020

||   194.56914707

||           163

||              82

22/10/2020

||   195.51596529

||           163

||              81

The number of current investors and the open investments are quite stable comparing to the previous week. The currently invested amount increased this week too but less than the previous one by 1 BTC.

[numanoid]

~snip
I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available).
 

OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available later
I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread.

[snipie]

~snip
I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available).
 

OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available later
I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread.

I actually invested twice in dogecoin, the first with 5416.12333841 DOGE and I lost −8.80468374 DOGE. The second time I invested 3655.65890775 DOGE and my profit was 23.22053553 DOGE. Both were a very short term investment of less than a week.
Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment.

[Tytanowy Janusz]

I actually invested twice in dogecoin, the first with 5416.12333841 DOGE and I lost −8.80468374 DOGE. The second time I invested 3655.65890775 DOGE and my profit was 23.22053553 DOGE. Both were a very short term investment of less than a week.
Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment.

Yea. But it is high risk high return investment and I think that expected profit is worth the risk (especially for small size investments - no more than 5% of wallet)

Expected return:
Biggest and oldest doge whale.


9.5 mln DOGE profit, current value 14.5 mln DOGE so he invested 5 mln DOGE 10 month ago and now he has 14.5 mln DOGE. +190% in 10 months.

My current return is 20% in 5 months - much worse but maybe gamblers are lucky (or there is lesser gambling volume or bigger bankroll)

DOGE Price:



Doge is currently at very strong support. This is 5 year support.

Pomp to 60+ sat is possible/expected.

[snipie]

-snip-

Yeah I saw it, I don't know why I always feel that those blocks are related to a group of people or that one is related to the site/admins. Anyway, old investments of +3 months seems to be ok but barely all investment less than 2 months old seems to suffer losses. Honestly I don't have the courage to invest the equivalent of 1 BTC in doge bankroll nor to exchange my BTC to doge. I hope doge grows and jump to +60 sat but I don't expect this to happen before bitcoin passing $18k-20k. Doge isn't a pump and dump coin.

[numanoid]

~snip

I see. Doge price on BTC pair also decreased now, only at 20 sats when it was 25 sats before BTC pump. The investment on Yolodice also decreased based on the investor's chart, i assume they are some guy who won a lot recently, 119 millions doge profit to 115millions now.

~snip

DOGE was pumped to 60sats on few months ago.
FYI, that whale's profit was more than 10millions doge, but it falling since some guy won a lot on Yolodice