Snipie's gambling investment test

[Fredomago]

@Fredomago, I will try my best to keep it updated, although I am thinking to close it much often than weeks ago.

If you think Rest is what you need here ,then Please take some, you can Paused this for a while and maybe do another in the future..

I don't see much interactions and people interesting about it, at the opposite, our earnings aren't doing well lately and this competition will freeze our investment for 7 days... So the same thing will be repeated 1 week every 3-4 weeks? This is not good for us...

I feel that , reading almost the Whole thread seems None are really serious in Doign or having the same, there are few who shows interests but most of them Did not even make a little Move .
I remember You the First time you Posted in @Ytasan's thread from where you been admired ,the next day/s you started your experiment instantly and no more words reached this far now.

I believe that you had already did your part and if this not giving you Enjoyment and fun anymore ,So do as what Pleases you ,anyway Congrats How far you come from a simple admiration.

[KTChampions]

~
What I blame the site for is as FinneysTrueVision said, our investment should be frozen during this competition, thing that didn't took place this time and what we could argue about and even ask for "refund" since this statement is clearly mentioned in their term. Personally I consider it as a side event that could occur in any investment and people should be aware of.

In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock.

[snipie]

~
What I blame the site for is as FinneysTrueVision said, our investment should be frozen during this competition, thing that didn't took place this time and what we could argue about and even ask for "refund" since this statement is clearly mentioned in their term. Personally I consider it as a side event that could occur in any investment and people should be aware of.

In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock.

Personally I didn't figure out this directly, it took me several hours or maybe 1-2? days to notice it then I asked about it in the chat where they confirmed our investments aren't frozen. Maybe we should alert them about it as soon as possible? Maybe some of the investors are waiting to see their investments rising significantly, thing that didn't happens? Maybe Yolodice is considering this competition as the weekly one where our investments weren't frozen and with a competition of 1 week every 2-3 weeks, investing will become random = frozen time of 1 month per 3 months?
Anyway we will see what will happen in the next one

[KTChampions]

In general, such a promotion that is paid for with investors' money looks like a fraud. Maybe I'm being rude, but for me it looks like this. It's hard for me to imagine the level of anger of investors who invested sensitive amounts and suffered losses because of this stock.

Personally I didn't figure out this directly, it took me several hours or maybe 1-2? days to notice it then I asked about it in the chat where they confirmed our investments aren't frozen. Maybe we should alert them about it as soon as possible? Maybe some of the investors are waiting to see their investments rising significantly, thing that didn't happens? Maybe Yolodice is considering this competition as the weekly one where our investments weren't frozen and with a competition of 1 week every 2-3 weeks, investing will become random = frozen time of 1 month per 3 months?
Anyway we will see what will happen in the next one

Please let us know how the situation is developing - I will follow it with great interest. It seems to me that the casino should realize the incorrectness of this approach and fix it (possibly with the payment of compensation to the injured investors). Otherwise, the casino will greatly damage its reputation.

[RokokGudangGaram]

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

[numanoid]

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about it

[snipie]

Updated both tables. No major changes in our profit after the competition.

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about it

Yeah indeed it requires a lot waiting time and sniping the best opportunity to withdraw.

[onrise]

Updated both tables. No major changes in our profit after the competition.

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about it

Yeah indeed it requires a lot waiting time and sniping the best opportunity to withdraw.

The bitcoin competition which has now ended has actually costs almost 5% of drop in our investment on site as towards the last couple of days of competition some big whales enter the game and luckily also won their bets and resulted in drop in bankroll and in our investment as well. Now its going to take a while to recover since generally nobody goes big with bitcoin in bets and until they lose the returns will not rise.

[Mahdirakib]

Updated both tables. No major changes in our profit after the competition.
Yeah indeed it requires a lot waiting time and sniping the best opportunity to withdraw.

The bitcoin competition which has now ended has actually costs almost 5% of drop in our investment on site as towards the last couple of days of competition some big whales enter the game and luckily also won their bets and resulted in drop in bankroll and in our investment as well. Now its going to take a while to recover since generally nobody goes big with bitcoin in bets and until they lose the returns will not rise.

Till now user have wagered more than 49.8k btc at yolodice. For the 1% house edge we can see the expected profit at investor page. But the actual profit is lower than expected. We know, in the long run house edge always bring back the profit for casino. So there is high possibility that if you guys hold your investment for more longer, it will bring significant amount of profit. I hope ‘snipie’ will hold his investment for long term unless he need the coin urgently.

[tabas]

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about it

Very right. Investing into casinos isn't like investing in crowd fundings that you'll get the most after just a couple of days that it has launched. This investment really requires a lot of patience and first weeks result aren't your best results, expect them to be wavy or even at loss.
That's why the longer term you'll be in this investment, the better progress you'll get.

[Mahanton]

I must say that I really noticed that you did not earn on the first few weeks of your investment. And if I were on your shoes at the time, I would have withdrawn my investments in a snap. It is a good thing that I have seen your list and I now realised that by making this investment with dice games, I would definitely earn in the long run. I have gained confidence and leaner to have faith to make such investment even if there would be no progress in the first weeks.

If you decided to withdraw your investment just in few weeks after you invested, you can't be an investor. Investing isn't make you suddenly rich or double or tripled your money in very short time. If you looking OP stats, he is only +5% from 18 weeks invested on Yolodice. Best way to invest your money, just invest your money and forgot about it

Very right. Investing into casinos isn't like investing in crowd fundings that you'll get the most after just a couple of days that it has launched. This investment really requires a lot of patience and first weeks result aren't your best results, expect them to be wavy or even at loss.
That's why the longer term you'll be in this investment, the better progress you'll get.

Wont really be an assurance but somehow you are really on that advantageous side  since you are with the house which we know that it do always wins in the end.

This would really be a bumpy ride since not all days where house is taking advantage.There are players or whales that can wreck up on sites profits which would really
mainly affect investors money.

Some said that he should make up some take profit earlier? If you do go for short term duration then you would do that but if op's view will not matter into this
current gains or losses then its up to him on when he would make out such decision.

[tabas]

Very right. Investing into casinos isn't like investing in crowd fundings that you'll get the most after just a couple of days that it has launched. This investment really requires a lot of patience and first weeks result aren't your best results, expect them to be wavy or even at loss.
That's why the longer term you'll be in this investment, the better progress you'll get.

Wont really be an assurance but somehow you are really on that advantageous side  since you are with the house which we know that it do always wins in the end.

This would really be a bumpy ride since not all days where house is taking advantage.There are players or whales that can wreck up on sites profits which would really
mainly affect investors money.

Some said that he should make up some take profit earlier? If you do go for short term duration then you would do that but if op's view will not matter into this
current gains or losses then its up to him on when he would make out such decision.

It is what you're with, you're in favor because you're with the house. That's already the advantage a bankroll investor should think of. It is the reason why it's best to look for it in the long run but if you think that's too much and very slow, don't invest on it.
Having huge wins made by whales, that happens for sometimes but not all the time. So if ever there's a whale that have won, you don't have to do anything and let it flow with the losses, as you also take loss with the house.

[FinneysTrueVision]

Till now user have wagered more than 49.8k btc at yolodice. For the 1% house edge we can see the expected profit at investor page. But the actual profit is lower than expected. We know, in the long run house edge always bring back the profit for casino. So there is high possibility that if you guys hold your investment for more longer, it will bring significant amount of profit. I hope ‘snipie’ will hold his investment for long term unless he need the coin urgently.

This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two.

[milewilda]

Till now user have wagered more than 49.8k btc at yolodice. For the 1% house edge we can see the expected profit at investor page. But the actual profit is lower than expected. We know, in the long run house edge always bring back the profit for casino. So there is high possibility that if you guys hold your investment for more longer, it will bring significant amount of profit. I hope ‘snipie’ will hold his investment for long term unless he need the coin urgently.

This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two.

When you do try to compare on what you are gaining on just simply holding or you had invested into this kind of venture then you can really tell the difference in terms of profits
but you cant stop other peoples decision if they do stick out with this gambling house options in spite of the ROI that they can potentially gain on without minding much on how
long it would takes. Some will be seeing this to be not worth but we know that house do always wins in the end, returns might not be big but if its on a constant manner then
that would already be considerable. Its nice to see those greens or gains that had been putted up in op.

[janggernaut]

For those people still in the red, profiting in the long term could mean having to wait another year or two.

Depends from how big people bet on yolodice. If they keep bet with huge bets and almost all of those bets are loss, that's mean investment can recover much faster than waiting for years. Ethan ever said on chat, when bitcoin investment down years ago, it only took few months to recover back because whale losses 50 btc just in those few months

[Lorence.xD]

This long term profit looks more and more distant. With the price of Bitcoin going up, it looks like not many people are willing to risk their BTC on YOLOdice. Gamblers can get really good profit simply by hodling. Litecoin and Dogecoin are performing better for investors but many people, depending on when they opened their investment, might still be trying to recover from massive losses. For those people still in the red, profiting in the long term could mean having to wait another year or two.

I do think about that too but there are gamblers that wouldn't be deterred by the increase in prices, you might call them high rollers. Investing in this gambling site is a good thing because even if most days it is red, the fact that you are still an investor remains and it means that green days will soon be in your hands. Most of the losses that I have seen are not that damaging to the investor, and if you are planning to invest then you have to make sure that you will have an emergency in the case that the profit is not coming in for awhile.

[snipie]

Updated the table.
Our profit didn't change a lot this week and the invested amount in the bankroll is at its lowest since weeks. I believe it can be related to people cashing out to profit from the high price.

[FinneysTrueVision]

Depends from how big people bet on yolodice. If they keep bet with huge bets and almost all of those bets are loss, that's mean investment can recover much faster than waiting for years. Ethan ever said on chat, when bitcoin investment down years ago, it only took few months to recover back because whale losses 50 btc just in those few months

It is not so easy for that scenario to repeat itself. The max bet profit has been lowered to under 1 BTC and while having it so low can protect investors from large sudden drops it also keeps whales from losing very large amounts over a short period of time.

[snipie]

Updated both tables.
Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago!
Otherwise our profits are quite stable overall.

[numanoid]

Updated both tables.
Since the price is high, the number of investors and the amount invested continued its dropping to the lowest number since the beginning of my record months ago!
Otherwise our profits are quite stable overall.

The investment amount would be dropped more as the price keep increasing until now. Most of investors have withdrawn their investment on all coins as i can see it from lower max bet and lower current investment.