Topic: [Crypto-Games.net] Investment Returns, Updated weekly, Week 35, +27.96% in BTC - page 4. (Read 16420 times)

Unfortunately after a year of enjoying both playing and investing on Crypto-Games, I have had an incredibly distasteful experience - let this be a warning for all investors out there.

Crypto-Games has set an arbitrary 12-day window to claim the Bitcoin Cash (BCC) associated with their investor's BTC investments. Having only read their blog post about it today, I wrote a polite email, apologizing for missing their deadline and asking for my BCC to be paid out. Their response:

"sorry but distribution is over, everyone had 3 weeks time to set it up and we sent two emails about it."

With regards to their two emails, the first email promised to pay investors their BCC and made no reference to any immediate deadline. To quote:

"Bitcoincash (BCC) is the name of a hard-fork off bitcoin's chain planned to happen on August 1st. We've previously promised to allow investors access to all resulting chains, and we will stick with that promise. CryptoGames is not going to list or support BCC, but we are going to pay out BCC to investors and players" (emphasis mine).

The only email they sent with a direct reference to the deadline was on August 8th, giving investors five days to set up a BCC wallet. And unfortunately in my case, this email was in my junk folder.

Regardless, not reading your blog posts or emails for a few days is not an excuse to steal investors' funds.

From reading this thread, I believe Lutpin is one of the developers. I'd like to hear from you on your policy.

1. Why do you think unclaimed BCC belongs to you after 12 days (and does not belong to your investors)?
2. On Aug 1st, Crypto-Games bankroll was approx. 1315 BTC. How much of this BCC are you keeping and how much was paid out to investors?

I'm hoping you are considering a change of policy and I will happily rescind the above if that is the case. You are a profitable and successful digital casino - there is no reason to treat people who have supported you unfairly. Retaining and refusing to release investors' funds directly assaults the goodwill you've built to date as a thus far legitimate and transparent casino.

I see the BTC investment increase by the meager 0.08% but their BTC profit chart shows increase by ~0.4% ( 899 BTC/895 BTC) for the week of 08/06-08/13. Does anyone know why the real returns don't follow the returns on the chart?

Investment profits are not related to rising exchange rates.
Of course, if your investment grows and the exchange rate grows at the same time, you're making profit through two things.

All the cryptocurrencies have increased but mostly bitcoin price has increased. Appreciate the efforts for the statistics of bitcoin and other altcoins too.

Week 32 has been added!

This week my Btc investment saw a 0.08% increase.

This week my Eth investment saw a 0.19% increase.

This week my Doge investment saw a 0.79% increase.

This week my Ltc investment saw a 0.21% increase.

This week my Dash investment saw a 1.72% increase.

This week my Grc investment saw a 0.55% increase.

This week my XMR investment saw a 0.13% increase.

This week my PPC investment saw a 0.14% decrease.

That's wrong, or rather it's not fully correct.
There's a factor of 0.7 applied to all bankroll movements, profits and losses, meaning the house takes 30% of the profits, but also carries 30% of all losses, should there be some.
Overall, the house is in profit, but the system is different from one where a site would simply take a cut of profits, as here the site also carries losses with its investors.

They are 100% identical.

It does not based on my understanding.

Your investment is basically a claim of a percentage of profits made on the house. The more you invest, the more percentage that you own of the entire casino bankroll. When someone loses or wins the profit or loss is distributed evenly across all investors, depending on how much you have invested. However, crypto games does take a small cut from the investment profits afaik. If thats wrong please correct me.

Does that makes sense?

---

Great stuff OP, making profits every single day, eh 

Does anyone know if BTC daily returns are the same percentage wise for all investors at crypto-games.net or they might differ from one investor to another? What does it depend on if they vary?

Week 31 has been added!

This week my Btc investment saw a 0.47% increase.

This week my Eth investment saw a 0.11% decrease.

This week my Doge investment saw a 1.02% increase.

This week my Ltc investment saw a 0.92% decrease.

This week my Dash investment saw a 0.04% increase.

This week my Grc investment saw a 0.02% increase.

This week my XMR investment saw a 0.19% increase.

This week my PPC investment saw a 2.13% decrease.

Week 30 has been added!

This week my Btc investment saw a 0.61% increase.

This week my Eth investment saw a 0.53% increase.

This week my Doge investment saw a 0.68% decrease.

This week my Ltc investment saw a 1.08% increase.

This week my Dash investment saw a 2.71% increase.

This week my Grc investment saw a 0.90% increase.

This week my XMR investment saw a 0.17% increase.

This week my PPC investment saw a 0.86% decrease.

Hey OP, thanks for the awesome graphs & stats.

All I can say is damn! 100 ETH is like $20,000 right now isn't it And plus the 15 ETH investment profit, pretty neat.

I guess that's the beauty of investing in crypto casinos - you get to make a (thereotically) mathematical gain in the long run on your cryptocurrency PLUS any profit from the coin itself because gamblers aren't using fiat. So if cryptos go up and you get profit, then that's just more profit to you.

But obviously cryptos can be risky so, is crypto-games ever going to consider adding like USDT to their portfolio of altcoins available to be invested? Especially in a bearish market this option could prove to gain popularity and attract lots of gamblers & investors. Just a suggestion to CG management.

 keep up the good work OP!

That was just an observation about the final result of last week...

On short term everything can happens.

Would you call it "bad luck" as well, if the users first had won big and then lost back some of that?
Variance is a part of gabling, and that's true for both sides of the house edge.

Bad luck this week, the profit would be huge, but on the last moment a gambler (or few of them) was more lucky than investors and got all the profit. 

About ETH investment, going very well... I'm thinking about starting one, but BTC price can skyrocket anytime, so...

Week 29 has been added!

This week my Btc investment saw a 0.18% increase.

This week my Eth investment saw a 0.92% increase.

This week my Doge investment saw a 0.15% increase.

This week my Ltc investment saw a 0.14% decrease.

This week my Dash investment saw a 0.95% increase.

This week my Grc investment saw a 0.61% increase.

This week my XMR investment saw a 0.20% increase.

This week my PPC investment saw a 0.09% decrease.

I created a video on how to invest at Crypto Games https://youtu.be/eGIPF1MCbow

Week 28 has been added!

This week my Btc investment saw a 0.59% increase.

This week my Eth investment saw a 0.57% increase.

This week my Doge investment saw a 0.15% increase.

This week my Ltc investment saw a 1.70% increase.

This week my Dash investment saw a 1.49% increase.

This week my Grc investment saw a 0.44% increase.

This week my XMR investment saw a 0.23% decrease.

This week my PPC investment saw a 0.24% increase.

Week 27 has been added!

This week my Btc investment saw a 0.11% increase.

This week my Eth investment saw a 1.21% increase.

This week my Doge investment saw a 0.05% increase.

This week my Ltc investment saw a 0.92% increase.

This week my Dash investment saw a 0.42% increase.

This week my Grc investment saw a 5.26% increase.

This week my XMR investment saw a 0.06% decrease.

This week my PPC investment saw a 0.03% decrease.

Just made a small investment. Lets see where it goes.

Week 26 has been added!

This week my Btc investment saw a 0.75% increase.

This week my Eth investment saw a 0.99% increase.

This week my Doge investment saw a 0.86% increase.

This week my Ltc investment saw a 2.93% increase.

This week my Dash investment saw a 0.88% increase.

This week my Grc investment saw a 1.05% increase.

This week my XMR investment saw a 0.10% decrease.

This week my PPC investment saw a 0.01% decrease.