Snipie's gambling investment test - page 14.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: Reid on July 24, 2020, 03:09:32 AM

I have a balance now and thinking of putting it in a different coin.
Or, should I just add it in the bitcoin investment.
Having a difficult time to decide.
Sorry, I had a lot of question. Just a little confused.

You can calculate estimated ROI based on current investors performance - yolodice share this data - https://yolodice.com/#stats/investor

DOGE estimated ROI based on 7 months investment - 186% per 7 months = 16,25% monthly = 500% profit annulay
ETH estimated ROI based on 7 months investment - 36% per 7 months = 4,5% monthly = 69% profit annulay
LTC estimated ROI based on 7 months investment - 72% per 7 months = 8,1% monthly = 154% profit annulay
BTC estimated ROI based on 7 months investment - 72% per 7 months = 1,0% monthly = 13% profit annulay

Take into account the currency risk (BTC is like a stable coin compared to DOGE) and small sample error (DOGE is after big whale loosing a lot while BTC is after big whale winning a lot) and you have your investment analysis ready.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: mindrust on July 24, 2020, 03:22:39 AM

Quote from: Tytanowy Janusz on July 22, 2020, 09:02:06 AM

In my opinion it is very bad news. More investors = less profit for us.

If everybody decides to be the house, then where will our money come from? Cool

Still, be grateful math is on your (the house's) side.

Players are mathematically proven losers.

His point is more investors = less money for small investors.. .well, it's pretty simple, the solution is just to increase his investment so he will get a bigger share of the pie. When you are fully confident with investing in a bankroll, you should be able to take bigger risk with that. I'm just saying.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Tytanowy Janusz on July 22, 2020, 09:02:06 AM

In my opinion it is very bad news. More investors = less profit for us.

If everybody decides to be the house, then where will our money come from? Cool

Still, be grateful math is on your (the house's) side.

Players are mathematically proven losers.

Reid

hero member

Activity: 3052

Merit: 651

Quote from: btcltcdigger on July 22, 2020, 12:51:12 PM

That could be me. I had $250 in BTC inside, but after several weeks of contant loss, i decided to call it quits, and try something new. I lost in total $3 which is not much.
But on the flipside, those $250 i took out and reinvested are now worth $280, so gg for me

You reinvested where? In bitcoin?
I have a balance now and thinking of putting it in a different coin.
Or, should I just add it in the bitcoin investment.
Having a difficult time to decide.

Looking at the number of bettors, they mostly use Doge, so could it be a better choice or will that only make it worse.
Sorry, I had a lot of question. Just a little confused.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: xxjumperxx on July 22, 2020, 12:17:56 AM

Quote from: ?? on ??

This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time.

There will always be whales coming in and all it needs is a bit of luck on the investors side! Cheesy

As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment!

Keep holding and waiting for that luck to be in the side of the house, if that continues to bring profits the chance to recover and start again
the positive outcome, really take time and more gamblers to play and wager for investors to start seeing good run again.

And less whales to cashout huge amount of winnings that would be much better to every investors.

btcltcdigger

hero member

Activity: 2086

Merit: 761

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

Quote from: snipie on July 22, 2020, 09:34:06 AM

Quote from: Tytanowy Janusz on July 22, 2020, 09:02:06 AM

Quote from: snipie on July 21, 2020, 11:15:48 PM

What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment.
-snip-

Yes that's right, more investors = less profit but also less losses when a whale hit big.
Right now the bankroll lost 1 bitcoin so my game profit is −0.00053622 BTC which could be worse with the previous share.
BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident?

That could be me. I had $250 in BTC inside, but after several weeks of contant loss, i decided to call it quits, and try something new. I lost in total $3 which is not much.
But on the flipside, those $250 i took out and reinvested are now worth $280, so gg for me

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: snipie on July 22, 2020, 09:34:06 AM

Yes that's right, more investors = less profit but also less losses when a whale hit big.

Agree but this is not symmetrical bet because of casino statistic advantage over gambler. So it is more likely to earn more than loss more. And with big enough sample (f.e 1 year investment) it is only "more profit".

And as I already posted. I suppose that after whale big win it is more likely to see whale loss big.

Quote from: Tytanowy Janusz on July 02, 2020, 02:04:30 AM

What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random?

I'm just thinking:

-How often did you withdraw your profit from gambling site?

If someone wins big:
In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks).
If someone loose big:
In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money.

So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment.

Quote from: snipie on July 22, 2020, 09:34:06 AM

BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident?

Maybe someone decided to go crazy with his investment. Closed it to double but unfortunately lost it all.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Tytanowy Janusz on July 22, 2020, 09:02:06 AM

Quote from: snipie on July 21, 2020, 11:15:48 PM

What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment.
-snip-

Yes that's right, more investors = less profit but also less losses when a whale hit big.
Right now the bankroll lost 1 bitcoin so my game profit is −0.00053622 BTC which could be worse with the previous share.
BTW my share rised a little bit to 0.005011%, weird someone retracted its investment before the incident?

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: snipie on July 21, 2020, 11:15:48 PM

What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment.

p1. Investment
p2. Share drop (just like yours)
p3. Yolodice is on huge profit since my investment while i'm still recovering.

Quote from: Tytanowy Janusz on July 07, 2020, 12:36:29 AM

I've started my investment in 13.05. According to yolodice profit chart yolodice earned close to 5 mln doge since than.
50% of it should go to investors - 2.5 mln DOGE that goes to 80 mln DOGE in investments (+3% for investors since 13.05). How is it possible that i'm on 0.016% loss?

Answer to this question is - share drop after whale win big.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: wxa7115 on July 21, 2020, 10:08:25 AM

Quote from: Finestream on July 14, 2020, 09:55:33 AM

Quote from: leea-1334 on July 14, 2020, 09:15:24 AM

Quote from: Natalim on July 13, 2020, 04:00:23 PM

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

Or we can say it's just a matter of discipline.

Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret.
When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed.

This is why plans are important, the plan is there to remind you why you are doing this on the first place, in the heat of the moment it is easy to forget your strategy and even doubt it and think it is a bad idea, but if you have made your research and you know it works then you will be less likely top deviate from the plan and make profits, but this is something very difficult to do as it forces you to go against your nature and only a few persons can do something like this.

plans are usesless if your still deciding on your own or out your plans . if that is the case then we shouldnt tire our self making such plan but infact we people can decide more easily without a plan .

thats what i observed before when i was investing because im also a person that cant sleep without checking my assets . no im not saying your going to follow me but its still up to you , see if what worked better and stick to it . goodluck all to those who invest here

xxjumperxx

sr. member

Activity: 574

Merit: 272

Buy Bitcoin!

Quote from: ?? on ??

This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time.

There will always be whales coming in and all it needs is a bit of luck on the investors side! Cheesy

As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment!

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
There was a positive trend this week compared to the previous two with approximately 10k satoshi earned so the deficit is now slightly less than 50k satoshi.
What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Finestream on July 14, 2020, 09:55:33 AM

Quote from: leea-1334 on July 14, 2020, 09:15:24 AM

Quote from: Natalim on July 13, 2020, 04:00:23 PM

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

Or we can say it's just a matter of discipline.

Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret.
When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed.

This is why plans are important, the plan is there to remind you why you are doing this on the first place, in the heat of the moment it is easy to forget your strategy and even doubt it and think it is a bad idea, but if you have made your research and you know it works then you will be less likely top deviate from the plan and make profits, but this is something very difficult to do as it forces you to go against your nature and only a few persons can do something like this.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: stadus on July 20, 2020, 05:16:39 PM

Quote from: TopT3ns on July 20, 2020, 09:53:06 AM

Quote from: xxjumperxx on July 20, 2020, 07:37:23 AM

Quote from: Ziskinberg on July 20, 2020, 06:30:11 AM

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalksearch.org/topic/betbit-casino-gone-5262521

Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!

I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.
Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

Things that should really be considered first before you do make out on-site investment.We do really need to stick up on those gambling sites which had been trusted and legit ones.

When it comes or talks about risk then its always there because theres no investment that do accompanied without any risk.

Take this for example on where op did really had those reds or negative which shows that not all the time gambling house investment is always on the green side.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: stadus on July 20, 2020, 05:16:39 PM

You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.

Very important before dealing with this kind of investment, you need to know more about the sites and the purpose of your investment,
you can have a calm mind if you do believe in the integrity of the site you are investing
your money.

Quote from: stadus on July 20, 2020, 05:16:39 PM

Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

From each investment there's always risk that you needed to manage, handling it in the right manner will allow you to keep moving
forward without any worries, take the risk and once luck dictate your destiny
you'll be able to harvest decent success.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: TopT3ns on July 20, 2020, 09:53:06 AM

Quote from: xxjumperxx on July 20, 2020, 07:37:23 AM

Quote from: Ziskinberg on July 20, 2020, 06:30:11 AM

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalksearch.org/topic/betbit-casino-gone-5262521

Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!

I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.
Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

Quote from: xxjumperxx on July 20, 2020, 07:37:23 AM

Quote from: Ziskinberg on July 20, 2020, 06:30:11 AM

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalksearch.org/topic/betbit-casino-gone-5262521

Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!

I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: xxjumperxx on July 20, 2020, 06:03:31 AM

With the current trend its a win win situtation if you end up in profit at all! Cheesy

Hahaha, nice comment. In fact it is win - better than losing situation lol.
Without a positive ROI, there is no need to continue tho, and without +5% ROI this year better to reconsider the strategy imo Sad

xxjumperxx

sr. member

Activity: 574

Merit: 272

Buy Bitcoin!

Quote from: Ziskinberg on July 20, 2020, 06:30:11 AM

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalksearch.org/topic/betbit-casino-gone-5262521

Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: xxjumperxx on July 20, 2020, 12:04:00 AM

Quote from: hatshepsut93 on July 19, 2020, 04:20:55 PM

This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.

I would consider 34% in 3 years as very good!
Thats about 11% a year, I would be pretty happy with a return like that!

Thanks for sharing a long term invesment result!

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalksearch.org/topic/betbit-casino-gone-5262521

Topic: Snipie's gambling investment test - page 14. (Read 6455 times)