GAMBLING SITE INVESTMENT - page 26. | Bitcointalksearch.org

Globb0

legendary

Activity: 2702

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Free spirit

Quote from: Tytanowy Janusz on June 08, 2020, 01:42:01 AM

Meanwhile, my doge investment:

It was >+5.2% since yesterday showing great performance after 25 days. I was waiting for whole month to pass to post my results here but...

x ^25 = 1.052
x= 1.00203 (daily)
x ^ 365 = 2,096 (estimated annual ROI - 109,6% profit)

But yesterday one lucky bustard eat my whole profit and left my wallet with -2.26%

Daaaamn. Hats off man. This has to be a great win:

my estimation
current bankroll - 76 206 000 DOGE.
yesterday bankroll - 76 206 000 / 0,925 = 82 384 000 DOGE
Lucky bustard profit - ~ 6 mln DOGE = 15 570 $

Congratulation man, whoever you are

Is it a "normal" winner?

You got to -2% does that mean you owe them now?

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: freedomgo on June 08, 2020, 02:37:20 AM

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

I have seen that fear is a reason that people go for short time target even with gambling. Generally in life history, fear is a big block to success. The eyes always push the heart to react with shock most times but it takes a bigger heart to go over such little obstacle.

Yatsan

legendary

Activity: 2576

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Leading Crypto Sports Betting & Casino Platform

Quote from: btcltcdigger on June 08, 2020, 03:43:27 AM

So far for me, Yolodice has proven to be the best bet for these kind of investments.
I've invested in bustadice, but since of the 2% fee, it's gonna take atleast a month if not more to just be at 0.

Mine takes 8 weeks to get that 2% dilution fee and in the end, I just withdraw at bustadice and take my initial investment LOL. (need additional money to scale one of my business).

Quote from: Tytanowy Janusz on June 08, 2020, 03:17:08 AM

Damn i don't feel comfortable hoping that someone will lose. It's so ungrateful type of investment that makes you feel bad when you are earning. Same thing i had shorting company that i like which price was short term overpriced. One time you think - "i hope something bad happened to their project and price will dump 30% to profit from trade" and then you think "But i want this project IRL to be good ... because i want to use it". Is it first step to dissociative identity disorder ?

.

But mostly of the people gain profit for other people dumbness and that's pretty normal Grin

BTW, I believe that as long as you are aiming for long term then, you will get your profit back, yolodice have a good chart so let's wait for more profit Cheesy

my 0.05BTC initial investment there does have a 0.0027BTC profit right now Grin

Just wait and it will go up again mate Grin

btcltcdigger

hero member

Activity: 2086

Merit: 761

To boldly go where no rabbit has gone before...

So far for me, Yolodice has proven to be the best bet for these kind of investments.
I've invested in bustadice, but since of the 2% fee, it's gonna take atleast a month if not more to just be at 0.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: btcltcdigger on June 08, 2020, 02:52:15 AM

+1

But it's so freaking addictive to constantly check those numbers go up and down. I check mine several times a day Cheesy

+100

Quote from: freedomgo on June 08, 2020, 02:37:20 AM

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

Yea I know Wink

I even increased my investment by 50% hoping that this "lucky bustard" will come back again and with attitude "this is just my profit, lets go all in and double it, i'm not risking my money, just profit" will in fact lose profit and starting wallet. That's how it usually ends.

Each time someone wins big next day cames back and lose all.

edit:
Damn i don't feel comfortable hoping that someone will lose. It's so ungrateful type of investment that makes you feel bad when you are earning. Same thing i had shorting company that i like which price was short term overpriced. One time you think - "i hope something bad happened to their project and price will dump 30% to profit from trade" and then you think "But i want this project IRL to be good ... because i want to use it". Is it first step to dissociative identity disorder ?

.

btcltcdigger

hero member

Activity: 2086

Merit: 761

To boldly go where no rabbit has gone before...

Quote from: Finestream on June 08, 2020, 02:59:45 AM

Quote from: btcltcdigger on June 08, 2020, 02:52:15 AM

Quote from: freedomgo on June 08, 2020, 02:37:20 AM

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

+1

But it's so freaking addictive to constantly check those numbers go up and down. I check mine several times a day Cheesy

Just like long term investors in crypto, though our goal is to see a good price in the long term but we can't still avoid looking at the price on a daily or regular basis, that's what casino investors would also do especially if they have time, but I agree with @freedomgo , watching its movement everyday might not do good, as it could only give us a low of stress as our investment does not only show what we like to see, it shows the reality.

That's why bitvest has a good "lock" option.
Basically what you do is you invest, click "lock for X days" and that's it, you return in X days.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: btcltcdigger on June 08, 2020, 02:52:15 AM

Quote from: freedomgo on June 08, 2020, 02:37:20 AM

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

+1

But it's so freaking addictive to constantly check those numbers go up and down. I check mine several times a day Cheesy

Just like long term investors in crypto, though our goal is to see a good price in the long term but we can't still avoid looking at the price on a daily or regular basis, that's what casino investors would also do especially if they have time, but I agree with @freedomgo , watching its movement everyday might not do good, as it could only give us a low of stress as our investment does not only show what we like to see, it shows the reality.

btcltcdigger

hero member

Activity: 2086

Merit: 761

To boldly go where no rabbit has gone before...

Quote from: freedomgo on June 08, 2020, 02:37:20 AM

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

+1

But it's so freaking addictive to constantly check those numbers go up and down. I check mine several times a day Cheesy

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Sometimes the house lose, that's the reality in gambling, but you have the advantage man, you'll eventually be back in the profitable side.
I suggest for investors not looking or focusing on short term performance, try making evaluation in a monthly basis.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Meanwhile, my doge investment:

It was >+5.2% since yesterday showing great performance after 25 days. I was waiting for whole month to pass to post my results here but...

x ^25 = 1.052
x= 1.00203 (daily)
x ^ 365 = 2,096 (estimated annual ROI - 109,6% profit)

But yesterday one lucky bustard eat my whole profit and left my wallet with -2.26%

Daaaamn. Hats off man. This has to be a great win:

my estimation
current bankroll - 76 206 000 DOGE.
yesterday bankroll - 76 206 000 / 0,925 = 82 384 000 DOGE
Lucky bustard profit - ~ 6 mln DOGE = 15 570 $

Congratulation man, whoever you are

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: FatFork on June 07, 2020, 04:34:18 AM

Quote from: ChuckBuck on June 04, 2020, 08:39:53 AM

... Better if we put money in the bank Cheesy

You mean, better than putting money in the bank? Sure, the profit in a casino bankroll investment is not huge, but it is still better than the classic savings in traditional banks.

Putting money in the bank is not a form of investment to me, it's just a way of saving money to safeguard our future if we need something, the real venture of growing your money is when you invest it, and investing in casino is one way that will make you profitable.

Let's look at OP's journey so far, his BTC value in usd/php was almost doubled already and at the same time, he earn BTC although not that much, but there's a double positive effect since bitcoin market is quite bullish now.

FatFork

legendary

Activity: 1624

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Top Crypto Casino

Quote from: ChuckBuck on June 04, 2020, 08:39:53 AM

... Better if we put money in the bank Cheesy

You mean, better than putting money in the bank? Sure, the profit in a casino bankroll investment is not huge, but it is still better than the classic savings in traditional banks.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Questat on June 04, 2020, 07:28:51 AM

I stop investing in casino as I wasn't satisfied with the profit, and actually I am also not satisfied with Yatsan's profit, I like bigger so I decided to try to take a more risky activity, investing in crypto or gambling using my skill.

You are like me at this point, although I am here and follow, comment every week. But it is just my hobby. I like it here and see how Yatsan's investment works and the profits he can make each week. Personally I prefer investments that are more profitable, of course the risk is also higher. But I'm looking for a way to walk that path on my own. But fairly, investing in casinos is good, profits are good, risks are few. Better if we put money in the bank Cheesy

Reid

hero member

Activity: 3052

Merit: 651

I am not there yet but I know I will. Wink

Just started recently. The money these days is difficult to find.

Trusted this gambling site for like 2-3 years by now.
I got really happy when they announced the opening of investment once again.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: ChuckBuck on June 04, 2020, 07:03:21 AM

Quote from: Questat on June 04, 2020, 03:55:20 AM

I think it's too early to decide, that's how investment works, you don't make profit constantly, the long-term result is more important and it would give more accurate result. I think 3 months is a good time to re-evaluate the investment again, and then decide on which investment OP will transfer to a new gambling site. Putting in one basket is bad although yolodice is more profitable at the moment, so I recommend to still look for another gambling site that accept investment from the public.

I agree that investing is not a successive series of profits, there are definitely times when we have to make losses. But 8 weeks have passed, we have also witnessed a few weeks that Yatsan failed to make a profit. And Yolodice still leads in all aspects. No dilution fee, higher profit. What else is there to hesitate? While Yolodice has made a profit, Bustadice is still at the starting line, even for 3 months or one year, it still cannot surpass Yolodice. That's what I believe Cheesy

Yes, I get your point here, but regardless of how profitable a casino, it's still right to learn how to diversify your investment, like I said, putting in one basket is not a good idea, I've learn that in the past as I have invested in safedice before, lol.. this site I think is now a shady site.

I stop investing in casino as I wasn't satisfied with the profit, and actually I am also not satisfied with Yatsan's profit, I like bigger so I decided to try to take a more risky activity, investing in crypto or gambling using my skill.

Maybe if I could invest like 5 btc, the percent he earned as of to date will satisfy me, but that's just me.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Questat on June 04, 2020, 03:55:20 AM

I think it's too early to decide, that's how investment works, you don't make profit constantly, the long-term result is more important and it would give more accurate result. I think 3 months is a good time to re-evaluate the investment again, and then decide on which investment OP will transfer to a new gambling site. Putting in one basket is bad although yolodice is more profitable at the moment, so I recommend to still look for another gambling site that accept investment from the public.

I agree that investing is not a successive series of profits, there are definitely times when we have to make losses. But 8 weeks have passed, we have also witnessed a few weeks that Yatsan failed to make a profit. And Yolodice still leads in all aspects. No dilution fee, higher profit. What else is there to hesitate? While Yolodice has made a profit, Bustadice is still at the starting line, even for 3 months or one year, it still cannot surpass Yolodice. That's what I believe Cheesy

Quote from: LogitechMouse on June 04, 2020, 05:47:09 AM

If you may, I just want to share mine too. I invested for a month already and this is my current stance. Not that much but that would be better instead of your coins just sitting there doing nothing.

Still a nice profit Wink

LogitechMouse

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Quote from: Yatsan on June 03, 2020, 01:37:22 AM

What are your thoughts this week? Grin

I just want to say thanks and congrats Cheesy

.

Thank you because you shared this to me and to other people here. I have been in yolodice campaign for 2 years already but I didn't know this for a long time. I just know this when you posted this kind of thread and I decided to invest on it and I'm in a profit right now Cheesy

.

Well, congratulations on your profitable week in yolodice again. Wink

If you may, I just want to share mine too. I invested for a month already and this is my current stance. Not that much but that would be better instead of your coins just sitting there doing nothing.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: ChuckBuck on June 03, 2020, 09:22:01 AM

Bustadice has just returned to the starting line Roll Eyes

If it were me, I would stop investing in Bustadice and switch to Yolodice right now Tongue

I think it's too early to decide, that's how investment works, you don't make profit constantly, the long-term result is more important and it would give more accurate result. I think 3 months is a good time to re-evaluate the investment again, and then decide on which investment OP will transfer to a new gambling site. Putting in one basket is bad although yolodice is more profitable at the moment, so I recommend to still look for another gambling site that accept investment from the public.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Yatsan on June 03, 2020, 08:21:52 AM

luckily, yolodice have no dilution fee right now and before I invested. So, the profit there is really 0.00244465BTC

But in bustadice as you said, we just break-even right now and I only have a total of 41bits of profit there Grin

I will fix it next week at the spreadsheet Grin

Well, although I do not work to promote Yolodice. But I couldn't help but give compliments to them Cheesy

It seems that everything inside Yolodice is fine, from profits to costs, rather than Bustadice, Yolodice should be the first choice for investment Cheesy

Your test to compare them, and it gives too clear results. While Yolodice has brought in more than 0.002 profits, Bustadice has just returned to the starting line Roll Eyes

If it were me, I would stop investing in Bustadice and switch to Yolodice right now Tongue

Yatsan

legendary

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Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: ChuckBuck on June 03, 2020, 05:31:55 AM

Quote from: Tytanowy Janusz on June 03, 2020, 01:49:15 AM

0,05004101 - 0,04944497 = 0,00059604 in which 0,001 dilution fee is included? So net profit this week on bustatice was 0,00059604 - 0,001 = -0,00040396 ... another week on loss? Second in a row? Good thing that they returned investment fee. I thought it is not returnable.

NOOoo. You're wrong here Cheesy

0,05004101 is total money now. But 0.049 is his investment. So 0.05004101 - 0.049 = 0.00104101 BTC (profit). Now this profit is equivalent to the dilution fee he incurs at the start of his investment. In short, after 8 weeks of investment, his real profits begin to count from next week. What about yolodice? How much does it cost? Have you subtracted it yet?

luckily, yolodice have no dilution fee right now and before I invested. So, the profit there is really 0.00244465BTC

But in bustadice as you said, we just break-even right now and I only have a total of 41bits of profit there Grin

I will fix it next week at the spreadsheet Grin

Topic: GAMBLING SITE INVESTMENT - page 26. (Read 6970 times)