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Topic: [Archived] Profit tracking. - page 2. (Read 19888 times)

copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
October 02, 2018, 05:03:10 PM
#73
I've missed out on doing an update for August, so there's two sets of numbers incoming, first off, the catching up for the missed update, the numbers for the prior month, August.
And shortly after, I'll also do the September update, so we're back on track. Due to this, the August update will only be in text (and included in the September chart), but I won't update the OP for it.

Here are the numbers for August (Month #9):

BTC investment: 0.540% increase.
ETH investment: 10.787% increase.
LTC investment: 1.720% increase.
XMR investment: 0.433% increase.
STRAT investment: 5.972% increase.
DOGE investment: 2.834% increase.
DASH investment: 0.716% decrease.
PPC investment: 4.957% decrease.
GAS investment: 14.687% increase.
BCH investment: 19.129% increase.
And the newly added ETC investment: 2.632% increase.

Average return assuming same investment in all coins: 4.824% increase.

And some rollover numbers since there is no table for this month:
The average rollover was 382.96%, by far the highest since I started tracking monthly rollovers.
Biggest percentage on a single coin had BCH with 1,611% rollover, followed by ETH with 650% and PPC with 615%.
Lowest rollovers were at Dash and BTC (55%).

The big surprise that month is certainly ETH, which has a big bankroll, and yet also provided big returns.
GAS and BCH had even bigger gains, but have lower bankrolls, so a breakout is not that surprising.
BTC has been slow for a few months now, in part due to low bankroll rollover, and in equal parts due to players being lucky on BTC for the last months.



For better navigation, I have added a quicklink section to the first reply. Currently, there are links to all monthly update posts for quick browsing there.
I will also list posts or particular interest in the list, like the monthly rollover comparison, or the ETH hotwallet chart.

I hope this helps people finding the things they are searching for more quickly.

sr. member
Activity: 924
Merit: 255
September 15, 2018, 10:04:23 AM
#72
An excellent review and what is more gratifying is that now much has become clear before our eyes. Sorry I can not put merit for such an excellent job!
What do you think from your understanding of the market, the graphs fully prove the theory that once a month, in proportion to the prices on the market, you need to calibrate the portfolio of crypto-currencies? Or is it better to leave almost all of the money in the top three and leave 10% for speculation?
legendary
Activity: 1199
Merit: 1047
September 02, 2018, 05:33:47 AM
#71
Now why does DOGE show numbers way over EV (currently 160%) on dicesites? From my previous answer, you can probably already guess the reason.
Similar to how I do it, dicesites only collects the combined total wagers from CryptoGames (there is no API for wagers per game yet, afaik).
The way they calculate EV is based on that combined total stat and the house edge on dice (given their name, that makes sense), 0.8%.
What's being ignored there is that other games have higher house edges, most of them in the 1%-2% area, roulette even at 2.7%.

If the EV was calculated based on every game with the correct house edge for that game, the number would come down and be near the 100%, where it is expected to be.

This is nothing exclusive to DOGE, as most other coins show similar numbers:
STRAT at 200%, PPC at 180%, XMR at 170%, DASH at 200%, LTC at 190%, ETH at 150% and BTC at 200%

If you take ETH for example, out of 140k ETH wagered last month, only 56k are on dice, and over 85k are on roulette.
Given the higher house edge on roulette, higher profit for this month is not an anomaly, but something you would expect.

I didn't know that, that makes investing quite more attractive than I thought at first (although after Dogecoin doubling in a few days it will be better to wait some time to get any).

I'd suggest adding the annualized return since you started investing, not just last month's annualized return.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
September 01, 2018, 09:22:43 AM
#70
It would be great if you added also the expected return in the investment period, to have a better idea of what can be expected in the future.
For example, Dogecoin has had the biggest returns, but it seems that's because it's running way over EV: https://dicesites.com/crypto-games/doge
Ok, there's a few things to unpack here.

I've gone with bankroll rollover numbers because they are easy to calculate (combined monthly wagers / bankroll on the 1st * 100), and give you a fair idea of how active a coin is being played,
as well as what to expect in terms of profit. For a simplified overview, imho, this stat is both quick to retrieve and good for comparison.
 
To calculate actual EV numbers however, collecting only a combined wager stat is not enough.
As the EV calculates based on what players are expected to lose (together with the 70% factor,...) and this is based on the house edge of the games they play, I'd need to collect dedicated stats for all games.
This would bring the wager numbers I'm tracking from 1 per coin to 6 per coin (so roughly 50 additional stats to be tracked and calculated).


Now why does DOGE show numbers way over EV (currently 160%) on dicesites? From my previous answer, you can probably already guess the reason.
Similar to how I do it, dicesites only collects the combined total wagers from CryptoGames (there is no API for wagers per game yet, afaik).
The way they calculate EV is based on that combined total stat and the house edge on dice (given their name, that makes sense), 0.8%.
What's being ignored there is that other games have higher house edges, most of them in the 1%-2% area, roulette even at 2.7%.

If the EV was calculated based on every game with the correct house edge for that game, the number would come down and be near the 100%, where it is expected to be.

This is nothing exclusive to DOGE, as most other coins show similar numbers:
STRAT at 200%, PPC at 180%, XMR at 170%, DASH at 200%, LTC at 190%, ETH at 150% and BTC at 200%

If you take ETH for example, out of 140k ETH wagered last month, only 56k are on dice, and over 85k are on roulette.
Given the higher house edge on roulette, higher profit for this month is not an anomaly, but something you would expect.
legendary
Activity: 1199
Merit: 1047
September 01, 2018, 03:33:01 AM
#69
It would be great if you added also the expected return in the investment period, to have a better idea of what can be expected in the future.

For example, Dogecoin has had the biggest returns, but it seems that's because it's running way over EV: https://dicesites.com/crypto-games/doge
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
August 31, 2018, 03:15:22 PM
#68
It's been a delay of nearly a month, but I managed to reconstruct the data I have used in previous tracking and everything should be the same from now on.
The chart and table in the OP have been updated with the numbers for July, another update with numbers for August will follow in the next days.

Here are the numbers for July (Month #8):

BTC investment: 0.232% increase.
ETH investment: 5.850% increase.
LTC investment: 1.143% increase.
XMR investment: 0.013% decrease.
STRAT investment: 1.664% increase.
DOGE investment: 2.414% increase.
DASH investment: 0.182% decrease.
PPC investment: 1.185% decrease.
GAS investment: 0.015% increase.
BCH investment: 0.285% increase.

Average return assuming same investment in all coins: 1.022% increase.

The average rollover has once again improved a little, and in July was almost exactly the average bankroll size (100% rollover).
The average investment increase is at 1%, which is a bit more than expected based on rollover, and a decent result (especially seeing how the averag returns are steady at or above 1%).
Clear story of July (and probably of August as well) is ETH and the big rollover there, together with the huge increase in investments (5,85%) which helps offset some of the smaller decreases eg on DAS and XMR.
I didn't run the numbers, but if I were to do a weighted average, the number would have an even bigger impact, since ETHs bankroll is the biggest and makes up for almost 50% of the total combined bankroll.

Once again, sorry for the delay. I hope I can provide all further tracking on time. Thanks for sticking with us Smiley
legendary
Activity: 1199
Merit: 1047
August 25, 2018, 12:22:48 PM
#67
Thanks Lutpin. Please keep updating this thread, it’s very useful.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
August 25, 2018, 11:11:04 AM
#66
Think it changed some time ago: Minimum investment is: 25.00000000 STRAT  (init. post says 5 STRAT)
Yes, I forgot to update it, thanks for the headsup. Done now.



If I understand correctly, the posted stats in the first message refer to a 7 months investment period, right?
The chart in the first post currently covers returns for the months December to June (so 7 months).
The table in the first post includes stats for the total period (those 7 months), as well as detailed stats for just the last month (June).

An update for the numbers for July is upcoming in the next days, it was (/is) delayed by a few problems I've had to face over here.

Does that take into account the 30% comission that the casino takes on investors profit?
The numbers I provide are directly taken from my own investments as a player/user of the site.
As such, they are (almost) 100% identical with the returns other investors get, and thus verifiable by everyone who runs an investment themselves,
should someone see a discepancy between the stats I report and their own numbers, I hope they inform me about my mistake so I can correct it.

With that being said, yes the 70% factor (not a direct commission, as the house takes 30% of investors profit, but also carries 30% of the loses, should there be any) is included in my tracking.
Numbers reported here are directly representative of my own and other investors profit.
legendary
Activity: 1199
Merit: 1047
August 25, 2018, 09:42:59 AM
#65
If I understand correctly, the posted stats in the first message refer to a 7 months investment period, right?

Does that take into account the 30% comission that the casino takes on investors profit?

Thanks.
hero member
Activity: 853
Merit: 500
August 16, 2018, 12:20:36 PM
#64
Think it changed some time ago: Minimum investment is: 25.00000000 STRAT  (init. post says 5 STRAT)   Wink
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
August 01, 2018, 03:56:06 PM
#63
I've written down the numbers and stats for last month, however the update to the thread will be a bit delayed
due to a hardware error and me not keeping an external backup of the exel file I use to do the table/charts.

I'll go buy a screwdriver tomorrow and get an update out by the end of the week month.



ETC has been added and will be tracked from this month going forward.
With ETC coming into the chart, I'll also take a second look at how to integrate BCH and might be adjusting the GRC/GAS line.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
July 30, 2018, 06:16:22 AM
#62
To make sure I'm understanding the rollover correctly, if you say you have a 50% rollover, that means that if the bankroll is 100 coin then 50 coin were wagered that month?
That's correct, as explained in the original post, rollover is a simple comparison between all combined wagers in a month and the current bankroll.

Explanations:

Rollover: The rollover is calculated based on total wagers and bankroll size, it ignores different house edges and is shown in percent.
jr. member
Activity: 47
Merit: 6
July 30, 2018, 01:10:33 AM
#61

A lot of people only compare based on one factor, eg they look for the highest house edge, or the highest total wagers, but ignore other things that have an impact on your profits.
One number I feel is very important but doesn't get looked at as much is the rollovers (bankroll to wager ratio), which is eg why PPC has a way higher profit than BTC, even though having little traffic.
So my advice would be to take a look at all numbers when comparing investments, not just a single aspect of them.


To make sure I'm understanding the rollover correctly, if you say you have a 50% rollover, that means that if the bankroll is 100 coin then 50 coin were wagered that month?
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
July 20, 2018, 11:38:09 AM
#60
Cross-posting this from the official thread as it should be interesting to investors as well (especially those with a bigger investment amount that might be affected by the limits once divested and withdrawn).

Just a quick question. Do you also get instant withdraws when you win (and cash out) like 500 ETH or more?
The main limitation there is hot wallet size, big transactions like that can quickly reach the full amount of the available hot wallet (as the hot wallet size is limited for security reasons),
and thus be delayed simply by the fact there aren't enough funds in the automatic system to be processed, which then needs manual interference of someone moving funds to refill the hot wallets.

Determining the full hot wallet for most coins is hard, as all funds are spread over many different addresses, with ETH however, there is just one main address,
so we can plot the balance of that one to guesstimate the "instantly available" funds.
Doing so from block 1,012,078 (Feb 2016) results in the following graph:



As you can see, at one point, there were almost 10k ETH in the hot wallet (though that spike is just short, as the funds of course were quickly moved into a more secure storage location).
While that historic chart is nice to look at, it doesn't give us much information about the current situation (numbers from 2 years ago are kinda outdated, especially with all the price changes since).
So let's zoom in a little, and look at a graph for the last 4 months:



While the wallet balance fell below 100 ETH a few times, most of the time withdrawals of at least 200 ETH could be processed instantly from the available funds in the hot wallet,
with there being at least 500 ETH or at least 1000 ETH available a fair amount of time as well.

I have no way to know about Mayson's transactions, but I would guess the latest drop in hot funds from cca 450 to cca 50 comes from them withdrawing what they had won at one point.
Which also means their withdrawals have been processed instantly from the hot wallet, but that is (as already mentioned) just a guess.



I was planning to do more extensive charts/stats in higher intervals, eg every 6 months or every year.
If you have suggestions about what additional information you would find interesting to be included in those, let me know.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
July 13, 2018, 03:21:06 PM
#59
As I've been asked to provide the rollovers for all months (not just the current one) for better comparison, I've figured I'd make a small post with a table including all rollovers so far based on coin/month.



(The dark blue bars might be a bit confusing, as their size is based on comparison to the biggest rollover that month only, so 50% bars are bigger in some months and smaller in others.)
hero member
Activity: 853
Merit: 500
July 02, 2018, 04:00:02 PM
#58
Awesome returns Lutpin. Congrats all investors.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
July 02, 2018, 12:59:27 AM
#57
Chart and Table in the OP have been updated, I've slightly improved styling on both of them.
(eg the time invested now fits the month, it previously started at 1, now starts at 0 as it's supposed to)

Here are the numbers for June (Month #7):

BTC investment: 0.342% increase.
ETH investment: 0.152% increase.
LTC investment: 2.168% increase.
XMR investment: 0.466% increase.
STRAT investment: 1.769% increase.
DOGE investment: 3.983% increase.
DASH investment: 0.078% increase.
PPC investment: 3.001% increase.
GAS investment: 2.833% increase.
BCH investment: 4.089% increase.

Average return assuming same investment in all coins: 1.888% increase.

The average rollover has improved a little, but is still below the previous months (79.65% improved to 88.22%).
Regardless, the average investment increase has significantly increased once again (been at 0.65% two months ago) from 1.198% to 1.888%.
Like in May, this month all tracked investments have been showing positive returns, and all investments are now positive over the whole tracked period, with DASH and GAS leaving the red numbers.
Visible exception this month is BCH, which jumped by over 4.089% and provided the best return to investors, besides having a below average rollover with ~80%.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
June 02, 2018, 06:38:03 PM
#56
Time files and it's already been half a year since I started tracking.
The OP has been updated with the current chart summarizing all months so far and table containing more information (eg rollovers).

Here are the numbers for May (Month #6):

BTC investment: 0.350% increase.
ETH investment: 0.159% increase.
LTC investment: 0.670% increase.
XMR investment: 0.947% increase.
STRAT investment: 0.787% increase.
DOGE investment: 0.964% increase.
DASH investment: 6.152% increase.
PPC investment: 0.882% increase.
GAS investment: 0.053% increase.
BCH investment: 1.011% increase.

Average return assuming same investment in all coins: 1.198% increase.

Despite a slightly lower average rollover (79.65% compared to 103.49% the month before), the average investment increase has almost doubled from 0.65% to 1.198%.
In May, all tracked investments have been showing positive returns (last time this happened was December / Month 1), and they have mostly been in the same/expected area.
Visible exception is DASH, which jumped by over 6.15%, bringing it from a previously negative to now 6.133% total increase. Which leaves GAS/GRC as only coin being down overall in the 6 month period.
copper member
Activity: 1904
Merit: 1874
Goodbye, Z.
May 27, 2018, 07:53:06 PM
#55
Since I got no reply from coingamblingreviews after posting in his thread, could you please check if I got my numbers right, Lutpin? From what I've seen in my own investments, his recent numbers for Crypto-Games should be much higher instead of almost stagnating for the last ten weeks or so.
My investment since the 1st is up by 0.35% which is in line with your 4 week and 5 week results of 0.29% and 0.37%

Is there anything you would want to advise people if they were to get involved with gambling investments? Is there anything you wish you knew when you started?
A lot of people only compare based on one factor, eg they look for the highest house edge, or the highest total wagers, but ignore other things that have an impact on your profits.
One number I feel is very important but doesn't get looked at as much is the rollovers (bankroll to wager ratio), which is eg why PPC has a way higher profit than BTC, even though having little traffic.
So my advice would be to take a look at all numbers when comparing investments, not just a single aspect of them.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
May 24, 2018, 03:12:52 PM
#54
Ah, sorry about that -- missed that part in the thread.

Is there anything you would want to advise people if they were to get involved with gambling investments? Is there anything you wish you knew when you started?
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