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Topic: Snipie's gambling investment test - page 23. (Read 6452 times)

full member
Activity: 756
Merit: 231
June 14, 2020, 06:11:59 PM
#28
What I noticed in making investment on a gambling platform is their little profit from investing with them. Some few years back, I make  some investment but was not fast growing like the normal investment so I quit the process long ago but maybe this time I will give a try to make have a taste of it. Though maybe the amount I invested then was the reason of me getten the low profit. I Will definitely keep my eyes on this thread to make it this time a reality.
hero member
Activity: 2996
Merit: 609
June 14, 2020, 06:00:59 PM
#27
I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly.

I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right?
Just tried to give ideas for people, who are willing to invest and are undecided, how things are going on in the first days.
Since i see some comments saying it isn't important to do this daily (obviously the first week only) I decided to delay table updates but I can say that yesterday my profit jumped to +1000 satoshi then dropped to +100-500 and so on. Just remember that the number shown in the table is a random one during a selected day, it can be x2 or x3 or even negative then recovering without I notice anything.
I will keep the table updated 1-2 times per week tho.
For the invested value, the much you invest the better you ROI faster, there is just a minimum value which requires longer time to double it and your share seems to drop with the rising number of investments too.
I disagree in to that line that had been bolded where the bigger the investment you had the better ROI? Thats not always the case.

If we do think on carefully, it would really be just the same since you do earn the same percentage on daily basis.It wont matter if you invest
big or small.

In regards on updating the table then it would really be more preferable if it would be done by weekly rather than on daily basis but it isnt
really that bad to post it on that way, if thats the thing that you do really want to do.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 14, 2020, 11:11:26 AM
#26
I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly.

I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right?
Just tried to give ideas for people, who are willing to invest and are undecided, how things are going on in the first days.
Since i see some comments saying it isn't important to do this daily (obviously the first week only) I decided to delay table updates but I can say that yesterday my profit jumped to +1000 satoshi then dropped to +100-500 and so on. Just remember that the number shown in the table is a random one during a selected day, it can be x2 or x3 or even negative then recovering without I notice anything.
I will keep the table updated 1-2 times per week tho.
For the invested value, the much you invest the better you ROI faster, there is just a minimum value which requires longer time to double it and your share seems to drop with the rising number of investments too.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
June 14, 2020, 07:27:53 AM
#25
Looks like most of the participants of the Yolodice signature Campaign are into this investment program of Yolodice as I see with the posts here in the thread.

Maybe we should call the attention of all the signature participants to invest their weekly profits (just a portion of it) into Yolodice. Just for fun only and it will benefit them too (somewhat a challenge Cheesy).

2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site.


Great results. Let me estimate annual ROI Smiley

x^38=1.028347
x= 1.00074  (daily)
1.00074 ^ 365 = 1.31 (31% annual ROI)

Impressive, compared to average trader return
I just hope that this will continue for a year but I'm not expecting since a single whale can eat all of my profit in an instant, just like what happened in you Wink.

If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site.


I feel envious to see how your investment grew in a matter of 4 weeks LOL  Cheesy
Maybe you should start investing on it too since you are one of the participants of the signature campaign Tongue and share your profits here one month after Cheesy.
hero member
Activity: 3024
Merit: 651
June 14, 2020, 07:12:08 AM
#24
Good luck to us.
I didn't make this kind of tabular sheet to share with or a spreadsheet to jot down what will happen daily.
I just let it be. Guess I am lazy with that kind of thing.
Preferred to just let Yolodice handle it since I do trust them.
So I will just share where I am now.


Started June 3 as said on the image.
I am going to try and add more. Maybe next week.

These may speed things up.
Quote
Congratulations, you are an investor now! Your investment profit relies on number and activity of the players. Therefore we encourage you to spread the word about YOLOdice and encourage players to join!
Credits to Yolodice.
legendary
Activity: 2156
Merit: 1622
June 14, 2020, 06:36:07 AM
#23
I am not familiar with Yolodice and hence this question, but did you have to complete KYC before investing?

No

Also is there any other websites available for such investment?

Yes. There are threads with lists of bankroll investments. Gimme 5 min and I'll find it.

edit: Here you go:
https://bitcointalksearch.org/topic/overview-of-all-bitcoin-casinos-latest-update-30-07-18-website-launched-2097255

Thread is from 2017 so some data might be outdated but it will give you good start with further research.
legendary
Activity: 3080
Merit: 1500
June 14, 2020, 06:18:43 AM
#22
Another nice informative topic on gambling investment and I just added it to my watchlist. I wanted to invest in gambling bankroll but never have done it in reality considering the risk. Your topic is indeed giving me hope and confidence again. But I will wait for some more time before actually investing.

I am not familiar with Yolodice and hence this question, but did you have to complete KYC before investing?

Also is there any other websites available for such investment?
legendary
Activity: 2156
Merit: 1622
June 14, 2020, 01:57:35 AM
#21
2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site.


Great results. Let me estimate annual ROI Smiley

x^38=1.028347
x= 1.00074  (daily)
1.00074 ^ 365 = 1.31 (31% annual ROI)

Impressive, compared to average trader return

But my advice is don't take too long to close the investment while you are on the profit side because as what Tytanowy Janusz said, he losses his profit because 1 lucky person wins.

It was not my point Smiley My point was to dig this investment for years checking bitcointalk scam accusation section and yolodice ANN only. To check if everything is ok in terms of yolodice trust. Daily/weekly returns are
warped by a small sample error and will give nothing more but wrong perception of investment. After 2 years 1 whale wont change your return that much because there would be a lot of them before (some will be winning some will be losing)
Same thing can be said about opposite situation. Hold your investment as long as possible. You never know when big whale will start to be small fish after big lose.
legendary
Activity: 1904
Merit: 1563
June 14, 2020, 12:41:53 AM
#20
Is this the Yatsan effect Cheesy. He started it and now you created a second investment test Smiley but anyway this can be a huge advertisement for the site itself and more people will try to invest BTC there Smiley.

Perhaps, later I will make a thread following with @Snipie and @Yatsan Grin
Here goes the ripple effect of YoloDice Investment  Cheesy. Consequently, people are now becoming aroused when it comes to bankroll investment and it is a good factor for investors and YoloDice players even despite of having a small house edge.

If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site.


I feel envious to see how your investment grew in a matter of 4 weeks LOL  Cheesy

I have a dumb question (my apologies)  Cheesy. Would you able to take it all right away? At anytime? Right?
Yep. YoloDice does not hold your investment. You can close your investment at anytime if you feel that you are okay with your profit, you can even close it immediately after opening an investment without having to worry some penalties.

More information here about YoloDice Investment. https://yolodice.com/#faq

I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right?
I don't think there is a mandatory initial or minimum investment in YOLOdice. Also, the ROI depends on the the amount of your initial investment and the duration of your BTC or any cryptocurrency in the bankroll. A large investment value can also give you a decent profit overtime and low investment value could also mean low investment return.
sr. member
Activity: 644
Merit: 364
In Code We Trust
June 13, 2020, 11:41:10 PM
#19
I see OP you've provided a daily update to track your investment. What I think is it quite efficient to provide daily updates? Because I believe, investment in gambling sites would be better on a long term basis. Maybe it is appropriate to see updates weekly or even monthly.

I'm not really used to invest in gambling sites, maybe I should try it sometimes, and I see, the minimum investment should be 0.01BTC, meaning, to get decent ROI, we should invest roughly 0.1BTC right?
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
June 13, 2020, 11:09:41 PM
#18
I wanna try it too but I still need to save a couple of BTCs  Undecided. More than that I can't afford to put all of it on one try.

Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%:
This might happen to us too who are invested in Yolodice right now Cheesy. Taking profit on it takes a long time but losing money on it because of one whale winning a huge money takes seconds only Cheesy.

I'm afraid this might happen, but it is better than just let nothing happened with my savings.
I have a dumb question (my apologies)  Cheesy. Would you able to take it all right away? At anytime? Right?



Nice gain for one month  Shocked. Will follow this thread. As I need to take some progress too. Anyway, thanks for sharing guys  Smiley.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 13, 2020, 10:34:52 PM
#17
Interesting. I already make an investment too like you, but my initial investment is not too big as you, and my target closing the investment is not for a month, but the percentage that I can get in every time I invest.

Perhaps, later I will make a thread following with @Snipie and @Yatsan Grin

But my advice is don't take too long to close the investment while you are on the profit side because as what Tytanowy Janusz said, he losses his profit because 1 lucky person wins.



Good profit. I see that you use bigger than @Snipie's initial amount to start, no wonder if your profit is bigger too. Perhaps, I will start with the other investment as you once my investment can reach my target.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
June 13, 2020, 09:03:18 PM
#16
Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%:

https://bitcointalksearch.org/topic/m.54611671
This might happen to us too who are invested in Yolodice right now Cheesy. Taking profit on it takes a long time but losing money on it because of one whale winning a huge money takes seconds only Cheesy.

Is this the Yatsan effect Cheesy. He started it and now you created a second investment test Smiley but anyway this can be a huge advertisement for the site itself and more people will try to invest BTC there Smiley.
If you may, I will share my profit right now. I invested May 7 and now it is One month, one week of my investment already. 2.8% for more than a month isn't that bad though and that would be better compare to just sitting my BTC on their site.

legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 13, 2020, 06:35:08 AM
#15
Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%:

https://bitcointalksearch.org/topic/m.54611671
Aww that's very bad. I read about some people pissed about their loss in Doge but this could happens even with the other coins too. I remember seeing the LTC chart with a huge deep in profit months ago tho. Hopefully you will get your revenge and your earnings back.
For now things seem good, greenish with bitcoin with ROI +0.1020% after 3 days. It was only reddish in the first day.
legendary
Activity: 2156
Merit: 1622
June 13, 2020, 05:36:29 AM
#14
Good luck with your investment. Remember that in dice casino has very small house edge. Statistic advantage over gambler is visible only in very long run (months - years (not weeks)). I know what i'm saying. 1 lucky whale eat my whole month profit - one bad day change my monthly profit from 6% to -1%:

https://bitcointalksearch.org/topic/m.54611671
legendary
Activity: 1904
Merit: 1563
June 12, 2020, 11:38:36 PM
#13
Thanks a lot, I was searching for one like this although in rare times I had to deal with tables  Smiley
Can I ask someone to give you merit for your kind help? I will once available.
No worries. If you want to have some additional format for creating tables, you can try experimenting this format.
[1]  Some suggestions if you want to use tables on Bitcointalk

Also, try to avoid some space in order to distorting the table, just to make it neat and clean.

I highly suggest to monitor your investment in a weekly basis since doing it daily can be tiresome. Good luck on your investment on BTC and LTC. Don't try to imitate what I have done -- 4 days of investing then withdraw  Cheesy.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 12, 2020, 08:20:41 PM
#12
Good luck Snipie, thank you for sharing your investment experiment with us.
I just have a little suggestion, maybe it's not necessary to update your profit/loss in a daily basis as it will take time and you might get tired in the long run, also, it will need you to be active on a daily basis (correct me if I'm wrong here).

A weekly update or a monthly IMO is alright, as long as you go with a long-term investment, we can see an analyze the progress of your investment.
Thanks. Yeah I am not counting to do it in a regular basis but tho of sharing the first week stats since it is stressing for real especially when you saw the red part  Smiley
I will try to update it once or twice a week. For this investment I am planning to leave it there for long time.
I am planning to start another investment soon in LTC (small amount for testing too) although I prefer ETH (not available for the moment) which can be for short time / medium run.
hero member
Activity: 3052
Merit: 606
June 12, 2020, 07:35:58 PM
#11
Good luck Snipie, thank you for sharing your investment experiment with us.
I just have a little suggestion, maybe it's not necessary to update your profit/loss in a daily basis as it will take time and you might get tired in the long run, also, it will need you to be active on a daily basis (correct me if I'm wrong here).

A weekly update or a monthly IMO is alright, as long as you go with a long-term investment, we can see an analyze the progress of your investment.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 12, 2020, 03:05:47 PM
#10
FYI Lutpin used to maintain a similar thread back when Crypto.Games accepted bankroll deposits;

https://bitcointalk.org/index.php?topic=1796062.105

You might want to use his design for the thread.

Would be nice to compare different bankrolls to see how they stack up in terms of returns.
Pretty old topic before ATH and crypto surge. Nice catch  Wink
I prefer to keep this style, simple and clear. I will add a note under the table to insist that the amount shown in green or red should be added or deducted from the initial investment, so it is my net profit or loss.
legendary
Activity: 2030
Merit: 1189
June 12, 2020, 01:44:56 PM
#9
FYI Lutpin used to maintain a similar thread back when Crypto.Games accepted bankroll deposits;

https://bitcointalk.org/index.php?topic=1796062.105

You might want to use his design for the thread.

Would be nice to compare different bankrolls to see how they stack up in terms of returns.
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