Snipie's gambling investment test - page 12.

glowing10

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Quote from: snipie on August 07, 2020, 06:39:37 AM

Quote from: Questat on August 07, 2020, 05:42:02 AM

lol, yolodice would not exist until now if they keep losing and they are good with whales.
There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important.

In fact even in short run you can be profitable, even more in the long run but this need to monitor the site frequently, witness every hype and close the investment whenever the whale loses enough you can get even +5% ROI in few minutes. Well this isn't obvious of course and long term investment remains the best option Wink

Some lucky day when you invest and suddenly whales loses so you make money and exit it and it can occur otherwise as well. But now it seems some whales are lucky and winning some and resulting in losses on your investment in bankrolls. But as you said this is temporary in the long run this all will be covered provided whales loses big time as well.

snipie

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Quote from: Questat on August 07, 2020, 05:42:02 AM

lol, yolodice would not exist until now if they keep losing and they are good with whales.
There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important.

In fact even in short run you can be profitable, even more in the long run but this need to monitor the site frequently, witness every hype and close the investment whenever the whale loses enough you can get even +5% ROI in few minutes. Well this isn't obvious of course and long term investment remains the best option Wink

xxjumperxx

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Quote from: Questat on August 07, 2020, 05:42:02 AM

Quote from: xxjumperxx on August 05, 2020, 08:04:15 AM

Yolodice has been good to whales it seems...
Yes there are people losing, but it seems there are more times the whale wins.
Lets hope it switches for the sake of investors Cheesy

lol, yolodice would not exist until now if they keep losing and they are good with whales.
There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important.

Thats obvious... I meant in short term whales have been winning, which can seen in the investment...
That the site obv. is doing good and is generating profits can be seen on the graph and see how profits are increasing...

Questat

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Quote from: xxjumperxx on August 05, 2020, 08:04:15 AM

Yolodice has been good to whales it seems...
Yes there are people losing, but it seems there are more times the whale wins.
Lets hope it switches for the sake of investors Cheesy

lol, yolodice would not exist until now if they keep losing and they are good with whales.
There are just times that whales won but in the long run, it's still the site who are winning, and that makes investors profitable, hence patience is important.

shoreno

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Quote from: xxjumperxx on August 07, 2020, 04:22:13 AM

These players seem to be lucky over and over again at yolodice...
Seems they are winning more than they are losing the last couple of weeks.
Its nice to still see a profit but it should increase and not decrease though Tongue

thats nice to hear if your a gambler because that means you can be profitable but its a bad news to the site and those who invest to share thier bankroll because they could be loosing now but before that , how can you say that they are lucky ?

are same name winning? maybe they are only winning lately but they also loose huge before and also its not possible that all can be winners on the site so owner and investor shouldnt worry alot

xxjumperxx

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These players seem to be lucky over and over again at yolodice...
Seems they are winning more than they are losing the last couple of weeks.
Its nice to still see a profit but it should increase and not decrease though Tongue

snipie

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So after 9 days of the all time high in the investment, my profit is kind of halved. Here is a pic I taken just few minutes ago

Clearly we have crazy lucky people over there Tongue

xxjumperxx

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Yolodice has been good to whales it seems...
Yes there are people losing, but it seems there are more times the whale wins.
Lets hope it switches for the sake of investors Cheesy

snipie

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Updated the table.
Now it is -12k satoshi compared to the previous week, since the guy who lost BTC22 is still here playing.

Quote from: wxa7115 on August 04, 2020, 02:31:16 PM

Just reading this, the whale comeback sooner than expected and it is making progress, that is to be expected but if he is using something like martingale he is bound to lose the rest of his capital as well.

Actually I noticed 2 guys playing and winning good.

wxa7115

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Quote from: snipie on July 28, 2020, 01:25:09 PM

So since tomorrow I am gonna update the table normally, I will not edit it to add that surprises. My investment went from ~ -50k satoshi to +54k satoshi since a guy lost around 22 BTC in just 1 hour! See those photos!

That is a huge spike and a complete turn around, I am happy for you and this once again shows why it pays off to be patient, many people would have given up after a few weeks of facing losses but you kept your funds there knowing that sooner or later luck will be on your side and you were right.

It will be interesting if this player comebacks once again and tries to recover his losses, however I will be honest if lost 22 BTC in just an hour I do not know what I will do since where I live that is a massive amount of money, so while it is impossible to know who was the whale I hope he still has hundreds of BTC and this loss is not a huge deal to him.

Quote from: snipie on August 04, 2020, 08:14:48 AM

Quote from: ?? on ??

Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll.

And after a couple of wins, my investment profit today shows "Profits from open" = 0.00039890 BTC which is a little bit lower than yesterday but shows the negative trending there. Continuing like that, I estimate that the profit will turn negative after 10-15 days!

Just reading this, the whale comeback sooner than expected and it is making progress, that is to be expected but if he is using something like martingale he is bound to lose the rest of his capital as well.

snipie

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Quote from: ?? on ??

Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll.

And after a couple of wins, my investment profit today shows "Profits from open" = 0.00039890 BTC which is a little bit lower than yesterday but shows the negative trending there. Continuing like that, I estimate that the profit will turn negative after 10-15 days!

Maslate

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Quote from: xxjumperxx on August 04, 2020, 01:24:21 AM

Quote from: ?? on ??

Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll.

´

For investors its bad to see the profit go down again but on the other hand its good that whales play because thats how the investment can grow. Luck just needs to be with the investors Cheesy

They don't need luck as mathematically they have the edge, if you invest money in a site, even if the site loses, you don't lose your everything you invest, it's like a long ride as eventually the site will get back in profitable state since they have the edge, and since you are riding, just know when to stop to cash out.

xxjumperxx

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Quote from: ?? on ??

Yes, seems that whale is back and started to make the gains and this would be again making the investors face sad as their profits would start again to decline unless the whale loses big again. I see this week there would be quite a few actions happening around the returns on the investment in the bankroll.

´

For investors its bad to see the profit go down again but on the other hand its good that whales play because thats how the investment can grow. Luck just needs to be with the investors Cheesy

xxjumperxx

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Thats what I meant that the gamblers normally come back to recover their losses...
Sometimes they come back and rage bet and lose more because they are just so focued on getting their money back that they overbet and make huge bets.
Lets see what happens!

snipie

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Quote from: Natalim on August 03, 2020, 09:29:31 AM

Gambling is refreshing or a stress reliever to some, but for most people, they are gambling to make money...

Yeah true, he already continued playing and drive down our profits again.
My "Profits from open" is 0.00041274 BTC now so - 11k satoshi down in the last 1 - 2 days...

Natalim

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Quote from: pikkie on August 01, 2020, 11:12:10 AM

Quote from: glowing10 on August 01, 2020, 08:38:21 AM

The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts.

I think it is very difficult to stop people from gambling because gambling can provide a sense of fun and certainly can potentially get a profit quickly, gambling is only for people who are in need of refreshing.

if that's only the purpose then I think gambling industry would not be so profitable.
Gambling is refreshing or a stress reliever to some, but for most people, they are gambling to make money, hence that provides an opportunity for casinos to be more profitable. Per report, online gambling is already a billion dollars industry, so it's profitable and it's growing in the year basis.

pikkie

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Quote from: glowing10 on August 01, 2020, 08:38:21 AM

The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts.

I think it is very difficult to stop people from gambling because gambling can provide a sense of fun and certainly can potentially get a profit quickly, gambling is only for people who are in need of refreshing.

glowing10

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The guy seems to be wealthy or probably makes a living based on this gambling only else for normal person they would not have enough courage if they even lose something like 0.1 btc or say 0.5 btc that sort. So, it does require some either strong financial backup or too much addiction that cannot stop someone to stay away from such a large amount of gambling if has lost those big amounts.

LogitechMouse

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Quote from: snipie on July 29, 2020, 07:18:53 AM

Table updated.
~
Thanks and yes, hope that positive trend continues!

Congrats on the huge profit indeed. I missed investing in Yolodice right now but nahhh I need some BTC right now to sustain my needs so.... yeah still congrats not only for you but for those investors too

.

Quote from: xxjumperxx on July 29, 2020, 01:37:19 AM

Lets hope the run continues and more people lose Cheesy

This is like hoping for the worst towards the gambler Cheesy

. Hoping to lose is kinda bad I think but in order for the investors to profit, they must lose Cheesy

. Like I always said, if its your time to get profit it will come and if its your time to lose then it will happen Cheesy

.

snipie

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Quote from: Tytanowy Janusz on August 01, 2020, 03:22:51 AM

Gratz! I guess that he was also a reason for last 6 weeks in red. I have a filling that he was doing some sort of martingale system. That's why despite statistic advantage casino was loosing week after week pushing you into loses unless whale hit killing strike and whipe himself out.

Thanks! Not sure if he was the only one responsible for this long dip but certainly he was implied in keeping our profits negative. For now BTC investment is stable around 53k satoshi. I saw someone playing yesterday with the same attitude so I think he is back Wink

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