[Archived] Profit tracking. - page 4.

MadZ

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Quote from: TheQuin on January 10, 2018, 02:01:47 AM

Quote from: MadZ on January 10, 2018, 01:29:25 AM

Is there any stated reason for this change

With the recent dramatic increase in the value of cryptos, the bankroll has become extremely large in USD terms. There simply is no need to have a larger one for an online casino.

Quote from: MadZ on January 10, 2018, 01:29:25 AM

any indication that new investors will be allowed again?

I take the use of the word "temporarily" in the blog announcement to indicate that new investors will be allowed again at some point in the future.

Understandable I suppose. To be honest, temporarily sounds more like indefinitely, which sounds a lot like never. I guess I could buy an account, but I'm not sure if that's against the ToS. Is 2FA removable?

TheQuin

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Quote from: MadZ on January 10, 2018, 01:29:25 AM

Is there any stated reason for this change

With the recent dramatic increase in the value of cryptos, the bankroll has become extremely large in USD terms. There simply is no need to have a larger one for an online casino.

Quote from: MadZ on January 10, 2018, 01:29:25 AM

any indication that new investors will be allowed again?

I take the use of the word "temporarily" in the blog announcement to indicate that new investors will be allowed again at some point in the future.

MadZ

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Quote from: TheQuin on January 10, 2018, 12:58:59 AM

Quote from: MinerHQ on January 09, 2018, 11:15:09 PM

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner.

It is temporarily closed to new investors. If you do not have an existing investment in the bankroll then the investment tab is now hidden.

http://blog.crypto-games.net/2017/12/temporarily-limiting-investment-feature.html

This is rather upsetting, I was planning on making a non-trivial investment after seeing this thread. Is there any stated reason for this change or any indication that new investors will be allowed again?

TheQuin

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Quote from: MinerHQ on January 09, 2018, 11:15:09 PM

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner.

It is temporarily closed to new investors. If you do not have an existing investment in the bankroll then the investment tab is now hidden.

http://blog.crypto-games.net/2017/12/temporarily-limiting-investment-feature.html

MinerHQ

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Quote from: seekoin on January 09, 2018, 03:08:20 PM

Hello,

Is it still possible to invest ? I've been promoting Crypto Games for a while but can't find the way to invest money in their bankroll.

Yes, it is still possible to invest in their bankroll. After you log in you need to look for invest button on a right-hand top corner. If you already have funds in your account then you can move them to invest. You should know that for short term there will be disinvestment fee but after few weeks there is no disinvestment fee. It is one of the good casino giving consistently profit to investors.

seekoin

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Hello,

Is it still possible to invest ? I've been promoting Crypto Games for a while but can't find the way to invest money in their bankroll.

Lutpin

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Goodbye, Z.

Quote from: Don Pedro Dinero on January 01, 2018, 01:34:48 PM

Looking forward to seeing those stats.

Numbers for this month are as following:

BTC investment: 0.192% increase.
ETH investment: 1.472% increase.
LTC investment: 1.623% increase.
XMR investment: 1.255% increase.
STRAT investment: 0.315% increase.
DOGE investment: 2.348% increase.
DASH investment: 2.304% increase.
PPC investment: 4.820% increase.
GRC investment: 2.212% increase.

Average return assuming same investment in all coins: 1.838% increase.

Quote from: Timetwister on December 10, 2017, 07:28:48 PM

I'd add some more columns to the table: EV since you invested ((wagered*edge)/bankroll), and then a column for annualized returns (both for EV and actual profit).

Annualized returns have been added.
The direct EV I don't want to do, but I did calculate rollovers for each bankrolls, which loosely correspond to your expected returns.

Quote from: Don Pedro Dinero on January 01, 2018, 01:34:48 PM

I’d like to know if this has something to do with the current fees problem, so people are not depositing so much bitcoin, or if it’s just due to normal variance.

Both BTC and ETH have seen a pretty low rollover this month, with 46% and 66% (both of them have scaling problems, we're coming out of the CryptoKitties month after all).
However, both coins also have a huge bankroll compared to the other coins available at CG, so this might be a factor as well.
LTC, which shortly had fee problems as well, in comparison shows a decent rollover (120%).

Don Pedro Dinero

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Looking forward to seeing those stats. I think there has been a decrease in the bitcoin profit percentage for the past two weeks, or at least that is what I have seen in my particular investment. I’d like to know if this has something to do with the current fees problem, so people are not depositing so much bitcoin, or if it’s just due to normal variance. However, if I wanted to play with bitcoin and also to avoid that problem, I could exchange the amount I wanted to deposit for Dogecoin (for example), deposit, and exchange it again for bitcoin in the site.

Lutpin

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Goodbye, Z.

I'm tracking my personal investments via a publicly available investment option.

coindetective

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What is your affiliation to this website? I ask this I really like the website but there s always that question what happens if something goes wrong. I d like to know more about the people who run it.

Lutpin

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Goodbye, Z.

Quote from: hatshepsut93 on December 12, 2017, 09:00:33 PM

But wagering volume and bankroll share are also past data, and they can change over time for various reasons. So, even without variance it's not so easy to calculate "expected" return and it would probably require some economic modelling.

As nobody can predict the future, expected return can only be calculated for past periods.
It's a way to measure actual (past) performance with theoretical values, not one to assess current or future possibilities.

hatshepsut93

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Quote from: Lutpin on December 05, 2017, 07:31:11 AM

Variance on daily returns is way too high to use average numbers as "expected" returns.

(On top of that, I'd consider the theoretical number calculated from house edge, wagering volume and bankroll share as expected profit,
not the one calculated based on past profit.)

But wagering volume and bankroll share are also past data, and they can change over time for various reasons. Wagering volume may be driven downwards to some extent by rising prices, while increase in casino's popularity will drive it upwards. Bankroll share can also have its own dynamic. So, even without variance it's not so easy to calculate "expected" return and it would probably require some economic modelling. But I'm not sure if it's really necessary for investors to do it, because they don't lose a single satoshi of their investment, except to potential variance, so there's no need to calculate if it's profitable or not - the math tells that it is expected to be profitable. The only reason for making such deep analysis is if potential investor tries to compare future performance of different casinos.

Timetwister

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I'd add some more columns to the table: EV since you invested ((wagered*edge)/bankroll), and then a column for annualized returns (both for EV and actual profit).

eternalgloom

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Are you also going to provide us with some nice graphs and tables like on the previous thread?
It would be nice if you could keep the format similar, it was a very nice looking overview in the OP.

Good that you're continuing this, I've always found it handy to use the previous thread as an example of possible investment with Bitcoin and/or altcoins.
I think I must have linked to that one dozens of times Tongue

Edit: either you've added the stats after my post or they were not loading for me before. Anyway, nice to see them there!

Lutpin

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Goodbye, Z.

Variance on daily returns is way too high to use average numbers as "expected" returns.

(On top of that, I'd consider the theoretical number calculated from house edge, wagering volume and bankroll share as expected profit,
not the one calculated based on past profit.)

Quote from: robodude on December 03, 2017, 03:09:55 AM

Has anyone had problems making deposits recently?

Havent seen anyone having problems.

TheQuin

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Quote from: veleten on December 04, 2017, 07:35:59 PM

brings around 0.7% profit weekly,if you invest 100 ETH you will be getting 0.1% of that sum daily
i.e. your average profit would be 0.1 ETH,factor in variance and such,

Variance is the main issue here, you really can't look at it as being x much per day, you need to look at it as a long-term investment.

Just to give some figures to illustrate that even on a weekly basis how variable it is I made my first investment in the BTC bankroll back on the 12th September and made a note of the value each week since:

+1.66%
+0.70%
+0.11%
+0.05%
-0.04%
+0.14%
+0.12%
+2.40%
+0.09%
-0.04%
+0.24%

Giving a total return of 6.03% so far.

veleten

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Quote from: chris200x9 on December 03, 2017, 10:58:27 PM

Quote from: pinkman12345 on December 01, 2017, 06:07:07 AM

What is estimated daily profit on 100 ETH bankroll?

I think it is very hard to predict profits in bankroll investments because in some days you may make a good profit and sometimes you may lose some of your investments so if you're expecting steady profits then bankroll investments are not an option for you. No one can give you an accurate answer to your question. But in the long run, we can make a good profit from these investments.

according to the stats in the table,an average ETH investment (think you meant investment,not the bankroll in your question)
brings around 0.7% profit weekly,if you invest 100 ETH you will be getting 0.1% of that sum daily
i.e. your average profit would be 0.1 ETH,factor in variance and such,because luck may change and the exact time you invest
there could appear a wild ETH whale who wins and leaves you in the red

chris200x9

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Quote from: pinkman12345 on December 01, 2017, 06:07:07 AM

What is estimated daily profit on 100 ETH bankroll?

I think it is very hard to predict profits in bankroll investments because in some days you may make a good profit and sometimes you may lose some of your investments so if you're expecting steady profits then bankroll investments are not an option for you. No one can give you an accurate answer to your question. But in the long run, we can make a good profit from these investments.

robodude

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Has anyone had problems making deposits recently?

Don Pedro Dinero

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Quote from: NobFox on December 01, 2017, 06:23:46 AM

Quote from: TheQuin on November 27, 2017, 11:49:59 AM

Quote from: NobFox on November 27, 2017, 11:16:56 AM

I'm very pleased with all my investments in CG so far, with the exception of PPC which only ever seems to drop.

The chart tells a different story.

I did notice a high roller enjoying the 1.02x recently. If that run of luck comes to an abrupt end your investment is likely to spike.

Please point this chart out to my active investment. It hasn't heard that it should be going up yet.

Also, that chart is over two years - not the week I've had it in so far and the two weeks I tried last time before getting weak hands and pulling it out. Tongue

The shorter your investment, the more likely it is that you are going to have a loss, due to variance, especially with those coins.

It is normal that the most common coins, like Bitcoin or Ethereum get a higher number of bets than coins like PPC during a one or two or week period, so variance is higher with the latter.

Topic: [Archived] Profit tracking. - page 4. (Read 19869 times)