GAMBLING SITE INVESTMENT - page 12. | Bitcointalksearch.org

erikoy

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Quote from: examplens on August 04, 2020, 04:27:29 AM

Quote from: Yatsan on August 04, 2020, 04:00:22 AM

UPDATE NO: 14!!!

What are your thoughts on this update? Grin

How old is your investment? whether you may have previously closed investment and then started a new one?
I have one Doge and one Litecoin position. With Doge I am more than satisfied, I must say I have the amount of profit like you in BTC but with much less initial investment (worth in $)
Even, my LTC investment is red for a long time, I don't want to close them negative, but I must ask: if anyone loses there?

Yeah it has been a huge red with LTC during the market crash or halving. It just goes the same way witg ripple. However, ripple now slowly recovers as bitcoin got recover also in its market value.

Well you have a good hold their and I think you need to keep.on watching on it because no one like to wake up and then see bitcoin and other coins crashing again. You knownl that during the market crash there are many whales buying bitcoin while its market price is low. There is a high chance they can sell it at once thet decided to earn because nowadays they huge potential to ear when they sell all their bitcoins and it will affect other altcoins too.

examplens

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Quote from: Yatsan on August 04, 2020, 04:00:22 AM

UPDATE NO: 14!!!

What are your thoughts on this update? Grin

How old is your investment? whether you may have previously closed investment and then started a new one?
I have one Doge and one Litecoin position. With Doge I am more than satisfied, I must say I have the amount of profit like you in BTC but with much less initial investment (worth in $)
Even, my LTC investment is red for a long time, I don't want to close them negative, but I must ask: if anyone loses there?

Yatsan

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UPDATE NO: 14!!!

This is the update for Yolodice:

This is my total profit for:

BTC: 0.00458611
USD: 287.26
PHP: 13662.27

Here's the spreadsheet:

The BTC and the investment itself on the Yolodice is really outstanding on this update!

As @glowing10 said, there's a whale that got rekt at Yolodice which gave us an awesome profit for this update! Grin

Our profit is Fiat is almost 100% when we started this, which is completely awesome LOl, haha.

What are your thoughts on this update? Grin

ChuckBuck

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better everyday ♥

Well, hello everyone Cheesy

I have just returned to this forum and scoured around for a bit to see the news from guys Cheesy

But, what is this?

Quote from: glowing10 on July 28, 2020, 11:45:24 AM

@Yatsan - Good news for you as some whales have lost big in gambling and this would have resulted you in making some decent profits from it. Almost close to 20BTC profits in one go to Yolo site and this would bring smile on all the investors who had invested in this bankroll. Those who had withdrawn some time before missed this ride.
https://i.imgur.com/CF1vic1.png

The profits are awful for their casinos Shocked

I don't know how a whale can lose a lot of money there, it seems he will regret it, right? Or worse, he might be bankrupt? Roll Eyes

Anyway, congratulations to Yolodice and the people who invest in Yolodice, I think you'll get a decent amount of money from there Cheesy

What is interesting now, waiting for the announcement of profits from Yatsan, it will be a great news to follow Kiss

mardaed

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This is a good thread, showing what you could expect in investing with gambling sites. In my opinion, investing with unstable sites, because of the nature of their operations and such, is a risky and imprudent.
This type of investment should not be really encouraged and at least now people have some concrete basis through this topic to help them decide.

Reid

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Quote from: glowing10 on July 28, 2020, 11:45:24 AM

@Yatsan - Good news for you as some whales have lost big in gambling and this would have resulted you in making some decent profits from it. Almost close to 20BTC profits in one go to Yolo site and this would bring smile on all the investors who had invested in this bankroll. Those who had withdrawn some time before missed this ride.

I just did. Grin

It's a smile that almost reached the tip of my ear. Grin

Minutes ago is when I checked it, my investment suddenly went green. Yeah! +116k sats.

I thought so. Those whales will be back thinking they could win more.
Maybe they haven't got much sleep after winning the last 2 weeks.
One thing I can say. It is provably fair. Wink

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Quote from: yazher on July 28, 2020, 06:52:26 AM

Quote from: iv4n on July 27, 2020, 11:19:51 PM

It's low profit, but its passive income, how much money do you expect to make with 0.05 btc investment? And don't compare passive income from this or any other way with trading, trading can eat your money if you don't know how to trade.
Is this a weekly payout? If it is, it's not bad, I will think about investing in their bankroll too.

If there was a legit cloud mining, this amount is enough for someone to receive a decent amount of money weekly but those days are now gone and sadly they all turn to scam. nowadays, the only offer you can see is from those investment methods double your money in a month which clearly a red light because its a scam after all. The only good thing about investing your money on trading is you are the one who control it and if you are lucky to choose the right coin to invest your money with, it could double your capital or more.

Gambling based investment assure profit out of the investment. For some reason very small number of gambling sites give way to investment. As said with huge investment one can get bigger earning out of cloud mining, but no cloud mining sites were functioning legitimately. Trading is the better of all for users who are beginners to make investment.

Tytanowy Janusz

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@examplens I have 0 too. I think that it was not updated together with 0% dilution fee change (it was 2% before). We have 0% dilution fee now so 0% profit for old investors.

examplens

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Quote from: Tytanowy Janusz on July 29, 2020, 01:37:37 AM

Quote from: examplens on July 28, 2020, 05:55:31 PM

How long is your investment on Yolo dice?
Just reading they have a some bonus for a long time investments 2% dilution fee, after a month and a half of my investment there, still haven't anything from there. Even if in the last few days we have more new investors. Can you check it?
I guess @Yatsan also can have useful info about this bonus.

My investment is close to 2.5 month old. I went through whole website and didn't find any bonus. Where did you read about it?

BTW Looks like investors are back. My share dropped almost to the point, where it was before doge pump.

It is from investment FAQ on Yolo website:

This is both a commission and source of extra profit for investors. Every time a new investment is opened, 2% of it's initial value is added to the site bankroll to all the other existing investments. This is to:

protect existing investors from diluting their shares,
encourage long-time investments,
provide extra profit for long-time investors.
Although 2% sounds like a lot, the amount is likely to be earned back.

https://yolodice.com/#faq/investing

Also when you click on your investment, has shown a dilution profit. If you have it Grin

Tytanowy Janusz

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Quote from: examplens on July 28, 2020, 05:55:31 PM

How long is your investment on Yolo dice?
Just reading they have a some bonus for a long time investments 2% dilution fee, after a month and a half of my investment there, still haven't anything from there. Even if in the last few days we have more new investors. Can you check it?
I guess @Yatsan also can have useful info about this bonus.

My investment is close to 2.5 month old. I went through whole website and didn't find any bonus. Where did you read about it?

BTW Looks like investors are back. My share dropped almost to the point, where it was before doge pump.

chaser15

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Quote from: freedomgo on July 28, 2020, 01:25:58 AM

Not a very interesting investment if you'll ask me, the return was too small, and considering the risk that we entrust our money to the casino, I think that risk is high enough for you to think twice before continuing to consider investing as a passive income.

Before, we thought that investing in a casino would bring easy money as they win most of the time, but what OP has showed is the evidence and the reality.

The purpose though why OP did some tests, to see if it's actually worth in the long-run.

And besides, thinking about putting money on the gambling site's bankroll as a safe and sure profit investment shouldn't be encouraged.

That's why I'm amazed at OP for risking a decent amount to give us an overview.

examplens

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Quote from: Tytanowy Janusz on July 11, 2020, 10:33:30 AM

..

How long is your investment on Yolo dice?
Just reading they have a some bonus for a long time investments 2% dilution fee, after a month and a half of my investment there, still haven't anything from there. Even if in the last few days we have more new investors. Can you check it?
I guess @Yatsan also can have useful info about this bonus.

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Quote from: snipie on July 28, 2020, 11:52:07 AM

Quote from: Yatsan on July 28, 2020, 09:36:26 AM

I just want to add that, if the house win, it will not divided as a whole because as far as I know when I read the info about Yolodice they are getting the 50% of the total profit based on their proportion and the other 50% will be divided to the investors. So if my profit is 0.0006, it should be 0.0012 without Yolodice fee. That's what I think on why they are opening their bankroll, please correct me if I am wrong Grin

Correct tho, or at least partially, there is that expected / actual profit that confuses me a little.
BTW check your stats right now, a guy loss a huge amount 1 hour ago and all negative investment turned positive. I think you have all time high today lol

nah good work when many people experience a lot of losses then it can be used as fresh air for investors who entrust their money to the bankroll and can get more income than before. at least the investment here can be to secure assets without having to fear loss such as if trading or gambling.

erikoy

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Quote from: snipie on July 28, 2020, 11:52:07 AM

Correct tho, or at least partially, there is that expected / actual profit that confuses me a little.
BTW check your stats right now, a guy loss a huge amount 1 hour ago and all negative investment turned positive. I think you have all time high today lol

Well, it depend on the site where he had made an investment.

Most likely investment really is good to make gains. In this case in gambling since it was encourage for those who like to invest and gain profits might be sound too good. I think many will be going to have an interest in this matter and pretty sure promoting thr gambling site would not be difficult if all who had invested will take their part to promote the project.

Well see what happen later on following on this investment on gambling site.

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Quote from: freedomgo on July 28, 2020, 01:25:58 AM

Quote from: xxjumperxx on July 28, 2020, 12:56:54 AM

Its a passive income, yes it might be small right now but its passive. OP doesnt need to learn about trading or gamble his money an hope to win.
He just invests, waits and makes a small passive income on the side.

Not a very interesting investment if you'll ask me, the return was too small, and considering the risk that we entrust our money to the casino, I think that risk is high enough for you to think twice before continuing to consider investing as a passive income.

Before, we thought that investing in a casino would bring easy money as they win most of the time, but what OP has showed is the evidence and the reality.

I think everyone did thought of that. That investing in casinos are easy but whether it's a small gain, it's still profit. The good side of it is you don't actually have to beat the house but you are with the house.

So, depending the amount you have invested with them and how much they have earned, you'll always with them. There are two benefits in choosing to invest to bankroll casinos, first is that you are with them and you'll get a passive income. Next, aside receiving the profits as you invest with them, you are also holding it which if you think that the price is right to sell, you can withdraw it and sell it for profit.

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Quote from: Yatsan on July 28, 2020, 09:36:26 AM

I just want to add that, if the house win, it will not divided as a whole because as far as I know when I read the info about Yolodice they are getting the 50% of the total profit based on their proportion and the other 50% will be divided to the investors. So if my profit is 0.0006, it should be 0.0012 without Yolodice fee. That's what I think on why they are opening their bankroll, please correct me if I am wrong Grin

Correct tho, or at least partially, there is that expected / actual profit that confuses me a little.
BTW check your stats right now, a guy loss a huge amount 1 hour ago and all negative investment turned positive. I think you have all time high today lol

glowing10

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@Yatsan - Good news for you as some whales have lost big in gambling and this would have resulted you in making some decent profits from it. Almost close to 20BTC profits in one go to Yolo site and this would bring smile on all the investors who had invested in this bankroll. Those who had withdrawn some time before missed this ride.

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Quote from: freedomgo on July 28, 2020, 01:25:58 AM

Quote from: xxjumperxx on July 28, 2020, 12:56:54 AM

Its a passive income, yes it might be small right now but its passive. OP doesnt need to learn about trading or gamble his money an hope to win.
He just invests, waits and makes a small passive income on the side.

Not a very interesting investment if you'll ask me, the return was too small, and considering the risk that we entrust our money to the casino, I think that risk is high enough for you to think twice before continuing to consider investing as a passive income.

Before, we thought that investing in a casino would bring easy money as they win most of the time, but what OP has showed is the evidence and the reality.

It's not very interesting and exciting investment, yes, that is true, however if you have some small amount you don't need and can just forget about it for a longer period of tine, why not, it's a kind of passive income. It's not big profit, but isn't the investment either and the risk is minimal.

Yatsan

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Quote from: snipie on July 28, 2020, 07:18:01 AM

Quote from: yazher on July 28, 2020, 06:52:26 AM

Quote from: iv4n on July 27, 2020, 11:19:51 PM

It's low profit, but its passive income, how much money do you expect to make with 0.05 btc investment? And don't compare passive income from this or any other way with trading, trading can eat your money if you don't know how to trade.
Is this a weekly payout? If it is, it's not bad, I will think about investing in their bankroll too.

If there was a legit cloud mining, this amount is enough for someone to receive a decent amount of money weekly but those days are now gone and sadly they all turn to scam. nowadays, the only offer you can see is from those investment methods double your money in a month which clearly a red light because its a scam after all. The only good thing about investing your money on trading is you are the one who control it and if you are lucky to choose the right coin to invest your money with, it could double your capital or more.

No one will give money for thousands of people for free. Cloud mining is pure scam and even the most legit ones used to have high fees for maintenance. And why should any organisation share their profits in the first place?
For gambling sites, investment is intended to grow the house and a part of their profits or losses are shared with investors. It is a strategy for the house to reduce its losses at the price of sharing a part of its profits with others.

I just want to add that, if the house win, it will not divided as a whole because as far as I know when I read the info about Yolodice they are getting the 50% of the total profit based on their proportion and the other 50% will be divided to the investors. So if my profit is 0.0006, it should be 0.0012 without Yolodice fee. That's what I think on why they are opening their bankroll, please correct me if I am wrong Grin

snipie

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Quote from: yazher on July 28, 2020, 06:52:26 AM

Quote from: iv4n on July 27, 2020, 11:19:51 PM

It's low profit, but its passive income, how much money do you expect to make with 0.05 btc investment? And don't compare passive income from this or any other way with trading, trading can eat your money if you don't know how to trade.
Is this a weekly payout? If it is, it's not bad, I will think about investing in their bankroll too.

If there was a legit cloud mining, this amount is enough for someone to receive a decent amount of money weekly but those days are now gone and sadly they all turn to scam. nowadays, the only offer you can see is from those investment methods double your money in a month which clearly a red light because its a scam after all. The only good thing about investing your money on trading is you are the one who control it and if you are lucky to choose the right coin to invest your money with, it could double your capital or more.

No one will give money for thousands of people for free. Cloud mining is pure scam and even the most legit ones used to have high fees for maintenance. And why should any organisation share their profits in the first place?
For gambling sites, investment is intended to grow the house and a part of their profits or losses are shared with investors. It is a strategy for the house to reduce its losses at the price of sharing a part of its profits with others.

Topic: GAMBLING SITE INVESTMENT - page 12. (Read 6987 times)