Snipie's gambling investment test - page 10.

snipie

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Quote from: Tytanowy Janusz on September 06, 2020, 03:35:14 AM

Quote from: snipie on September 02, 2020, 08:17:36 AM

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.

It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568 %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit).

Yeah that change in the bankroll % happened a month ago after the decent winning and after months of dip/negative investment for some. It is quite predictable but since that change, our share remained +/- stable during the last weeks.
I tried short investment in doge too the last week and I got like 23 doge from 3.6k in few days then pulled it. Seeing the chart now, if I kept it, I may get $2 or x3 earnings.

Tytanowy Janusz

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Quote from: snipie on September 02, 2020, 08:17:36 AM

Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.

It did grow from 0.005549% to 0.007700% (+38%) while your profit is +12.3568 %. It looks like investors are slowly pulling money from yolodice. I have the same with my doge investment (share growed up +52% in my case in 3 months and 24 days - currently on 22% profit).

snipie

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Updated the table.
For now positive growth in bitcoin investment is continuing and my share in the bankroll didn't change much.
The actual profit after 3 months is $17.34, without counting the additional $19 gained from the rise of the bitcoin price from the initial investment. So $36.34 from $121.7 looks good (+29.8%) Wink

xxjumperxx

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Its all about luck and thats why its called gambling. Winning streaks can last a while but same goes for losing ones.
Thats why chasing strategies can cost you alot of money.
He was a on heater and was making some serious cash, but it could have turned and his losing streak could have made him lose it all and more.

snipie

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Quote from: bobyhodob on August 29, 2020, 12:08:12 PM

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

If there will be a valid and profitable strategy, they will all close doors Wink

That's why there is 20 red strikes in x2 chance or 10 reds with x1.5 which can make you lose everything.
For that guy who won much LTC, he in fact won some ~5500 LTC first then lost 1000 LTC later and maybe if he didn't stop, he may lose more.

KTChampions

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Quote from: bobyhodob on August 29, 2020, 12:08:12 PM

Quote from: KTChampions on August 29, 2020, 05:28:06 AM

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

Sorry for the offtopic, but I think this is an imaginary difference. New players have zero or minimum distance, so sometimes they play a plus. The old players are already beaten by the distance and therefore it seems that the chance for them is lower than for the new players.

bobyhodob

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Quote from: KTChampions on August 29, 2020, 05:28:06 AM

Quote from: snipie on August 28, 2020, 10:01:33 AM

Quote from: Tytanowy Janusz on August 28, 2020, 06:51:59 AM

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!
Ethan was there too and checked the server, there wasn't anything suspicious.
Well he was super lucky but the investors will suffer for a long time with -70-80%!

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

Unfortunately, I have tried some of the strategies that have appeared one by one but unfortunately none of them are accurate, it all depends on the luck of the players, what I see is the difference in odds from new players to old players which is clearly visible in some gambling places.

KTChampions

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Quote from: snipie on August 28, 2020, 10:01:33 AM

Quote from: Tytanowy Janusz on August 28, 2020, 06:51:59 AM

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!
Ethan was there too and checked the server, there wasn't anything suspicious.
Well he was super lucky but the investors will suffer for a long time with -70-80%!

Maybe he had a strategy, but it's just not obvious to those who look from the outside? But even the presence of a strategy cannot explain such a significant gain in any way, perhaps he was just lucky that time. Hopefully he will come back and the distance will beat him (and maybe the situation for investors will get a little better).

snipie

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Quote from: Tytanowy Janusz on August 28, 2020, 06:51:59 AM

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

Honestly I don't get it too. I was there (at the end) when this happened, he was playing with the max bet (it was 78 LTC first then dropped down to ~15 LTC then ~25 LTC when he finished), x2 chance, no strategy, just switching between hi/lo... I would say he has the seed if he wasn't changing his seeds every few minutes!
Ethan was there too and checked the server, there wasn't anything suspicious.
Well he was super lucky but the investors will suffer for a long time with -70-80%!

Tytanowy Janusz

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Quote from: Questat on August 28, 2020, 08:06:16 AM

I would go for diversification on different casinos only but on many coins, I would go with the most stable which is Bitcoin.
Everyone is doing well so far, the other thread shows a positive return and this thread too, so investing is really profitable if we trust and hold our investment a bit.

Everyone has your attitude. Me too. That's why there is 180 BTC in bitcoin bankroll and only 18 BTC worth DOGE in DOGE bankroll. This affect in paying extra reward for bigger currency risk. And this risk/reward ratio for extra risk is quite fair.
Yatsan has +14% starting from 13/05 in his BTC investment and i have +21% in my DOGE investment in the same time. And when you compare old investors data it is like 5x better while DOGE is on all time support (25-30 sat)

Questat

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Quote from: Tytanowy Janusz on August 28, 2020, 06:51:59 AM

Quote from: snipie on August 26, 2020, 09:00:35 AM

Topic updated.

Looks like you have +11.5% in 2 months and 16 days out of which +12.75% in last 18 days. This shows that everything below few months is burdened with a small sample error bigger than expected profit. Looks like <6 months investment is closer to gambling than I thought. Diversification to many casinos and many coins is a must have for <3 months investment to call it investment instead of gamble.

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

I would go for diversification on different casinos only but on many coins, I would go with the most stable which is Bitcoin.
Everyone is doing well so far, the other thread shows a positive return and this thread too, so investing is really profitable if we trust and hold our investment a bit.

Tytanowy Janusz

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Quote from: snipie on August 26, 2020, 09:00:35 AM

Topic updated.

Looks like you have +11.5% in 2 months and 16 days out of which +12.75% in last 18 days. This shows that everything below few months is burdened with a small sample error bigger than expected profit. Looks like <6 months investment is closer to gambling than I thought. Diversification to many casinos and many coins is a must have for <3 months investment to call it investment instead of gamble.

I'm still in shock how TF someone was able to win 4000 LTC with max payout for single bet equal 45 LTC (0.5% of bankroll). 90 times win in a row?

snipie

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Topic updated.
This week there was another spike in the chart 3-4 days ago and our profits jumped nicely, for me in is a new ATH. Although there was few accounts wagering with +50 BTC but the bankroll was fortunately stable, apart from the one who lost ~15 BTC afaik. I will try to keep the topic updated as possible but there may be some delays in September

snipie

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Quote from: Maus0728 on August 22, 2020, 01:20:38 AM

Quote from: snipie on August 21, 2020, 10:26:36 AM

Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again.

The movement of your profit isn't something similar to the movements of supply and demand. You really can't determine whether the graph is in a state of dip nor high and that is not something you can depend on with regards to your investments.

In fact, there is no certainty that the graph will soar high if it is experiencing a massive low and vice versa. The only thing I can be at least sure of is to have multiple investment in different casinos to at least reduce the damage if whenever there is a whale winning.

Yeah it is hard and unpredictable. Watching whales playing in real time isn't obvious. Check the weekly and take a look on the amount wagered this week, most of it yesterday, hilarious! I am now around 30k satoshi in profit only!

Maus0728

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Quote from: snipie on August 21, 2020, 10:26:36 AM

Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again.

The movement of your profit isn't something similar to the movements of supply and demand. You really can't determine whether the graph is in a state of dip nor high and that is not something you can depend on with regards to your investments.

In fact, there is no certainty that the graph will soar high if it is experiencing a massive low and vice versa. The only thing I can be at least sure of is to have multiple investment in different casinos to at least reduce the damage if whenever there is a whale winning.

mirakal

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Quote from: Vaculin on August 21, 2020, 08:53:57 AM

Quote from: leea-1334 on August 21, 2020, 07:58:35 AM

As they say, though, long term is important!

If I will invest, I would certainly go for long term but being an investor, you'll not only look at the profitability of your crypto investment but also the price of the coin in the market. Let's say, you invested bitcoin at $3,000 and in just 6 months price pumped to $30,000, will you divest your investment or not? Me, I would divest as I believe after that pump comes the correction, and 1000% increase is hard to achieved investing in casino only.

Good point, can't hold too long without looking at the price, otherwise, your effort will be wasted.
Crypto market since volatility is high is all about taking the right opportunity to invest and to cash out that money, and that includes investing in a casino.

Quote from: snipie on August 21, 2020, 10:26:36 AM

Long term yea but how long?

Only investors who really risk their money investing in a casino could tell, and that's you.

snipie

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Quote from: leea-1334 on August 21, 2020, 07:58:35 AM

6% profit in 2 months on doge is very nice, I experienced about the same (maybe more actually, but since I keep divesting I cannot really keep track haha) for Bitcoin. It is the only crypto I invest,,,

As they say, though, long term is important!

My investment is in bitcoin and not doge, i think you made a tippo here Wink

Long term yea but how long? Seeing the losses made recently in the LTC investment for old investors, then I wonder if it worth keeping my money for long time or just invest in the deep and divest at high. I am talking about - 70% ROI for early investment. This 70% needs months or maybe years to recover and to start winning again.

Vaculin

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Quote from: leea-1334 on August 21, 2020, 07:58:35 AM

As they say, though, long term is important!

If I will invest, I would certainly go for long term but being an investor, you'll not only look at the profitability of your crypto investment but also the price of the coin in the market. Let's say, you invested bitcoin at $3,000 and in just 6 months price pumped to $30,000, will you divest your investment or not? Me, I would divest as I believe after that pump comes the correction, and 1000% increase is hard to achieved investing in casino only.

leea-1334

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6% profit in 2 months on doge is very nice, I experienced about the same (maybe more actually, but since I keep divesting I cannot really keep track haha) for Bitcoin. It is the only crypto I invest,,,

As they say, though, long term is important!

Natalim

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Quote from: ?? on ??

Still above 6% in just 2 months is good return and after all the big win by whale and then much bigger lost help all the investors. Also, for LTC I think if some if good winning in LTC might not want to convert to btc and want to play with that. So people closing in that anticipation give a good chance to you as your % rose and if someone loses you gain very quickly in this period.

Nice profit you got, 6% in 2 months if you can make it consistently, you'll gonna grow that investment easily in the long run.
More than you can make in a typical low risk investment, at least here you know edge is in your favor.

Good luck, keep us posted with the timely update.

Quote from: mindrust on August 20, 2020, 01:35:16 PM

I need 100btc!!!1!" Tongue

now that's a real thing.

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