Snipie's gambling investment test - page 9.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: snipie on September 30, 2020, 04:01:53 AM

Updated the table.
We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition.

Changes in the bankroll during this week:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

The number of investors raised but the open investments are the same and the amount invested dropped by 1 BTC meaning few investors closed their investments and a bigger number of investors joined with small amounts. Apparently they were attracted by the recent drop in the bankroll Wink

It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount).

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
We are now in week 17. The profit dropped a little since a lucky guy managed to win 2 BTC between Monday and Tuesday, just before the end of the weekly competition.

Changes in the bankroll during this week:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

The number of investors raised but the open investments are the same and the amount invested dropped by 1 BTC meaning few investors closed their investments and a bigger number of investors joined with small amounts. Apparently they were attracted by the recent drop in the bankroll Wink

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
We are now in week 16 and the profit is still rising. Few changes happened to the bankroll during this week. I figured a table to track the changes would be better?

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: snipie on September 21, 2020, 10:34:36 AM

Quote from: onrise on September 21, 2020, 07:39:39 AM

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.
For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing

Okay I thought Matthew was wagering for both LTC/BTC. Thanks for clarifying it. But for LTC if Mr X is still playing then not seeing much movement now in the ROI as well since it had drastically fallen like 90% or so and from past couple of weeks its hovering in negative 83 - 85% range only. Not major change happening with it.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: onrise on September 21, 2020, 07:39:39 AM

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

Yeah after he (I call him Mr X) left yolodice, our rewards became less volatile and increasing slowly most of the time.
For LTC it is actually another guy, called matthew, who grab most LTC from the bankroll but he is still playing

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: snipie on September 16, 2020, 06:00:37 AM

Updated the table.
We are still in a positive trending with more people joining.
Comparision between 09 and 16 September stats:
Currently invested 182.68532327 BTC - - - > 194.74100876 BTC
No. of open investments 144 - - - - - - - - - - - - > 163
No. of current investors 82 - - - - - - - - - - - - - > 86
That's nice (although there was a drop in our bankroll Tongue

)

Good to see that investors and the new investment is also rising. From last couple of weeks if you see that profits is more or less similar itself not much move and it seems that whale who had lost in btc has never returned back else it is seen that whenever that whale either playing ltc/btc the movement is quite volatile either side and that is where it becomes a huge concern rest seems to be stable now.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
We are still in a positive trending with more people joining.
Comparision between 09 and 16 September stats:
Currently invested 182.68532327 BTC - - - > 194.74100876 BTC
No. of open investments 144 - - - - - - - - - - - - > 163
No. of current investors 82 - - - - - - - - - - - - - > 86
That's nice (although there was a drop in our bankroll Tongue

)

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: xxjumperxx on September 14, 2020, 12:28:57 AM

Quote from: Tytanowy Janusz on September 13, 2020, 01:57:37 PM

Guys... diversyfication is a must have in bankroll investment.

This is so true, glad someone is repeating it!

It is essential to reduce the investment risks indeed.

Quote from: Tytanowy Janusz on September 14, 2020, 01:09:09 AM

Speaking of LTC investment. I just realized that Yolodice reduced commission to 35%.

Quote

We are lowering commission on all LTC investments to 35% till 31st December 2020. This applies to all new and existing investments!

This should help recover loses for LTC investors, but i doubt that guy like this one will recover before 2022.

https://i.imgur.com/dTLmrgf.png

Yeah I saw another guy with old account in the chat 1-2 weeks ago claiming to lose the same or a bigger amount from ~260? LTC to a dozen of LTC...
In the last 10 days there was 300 LTC gained by the site however the fluctuation happening all the time will reduce the final earning of each participant... Normally 195? LTC will be distributed between them, since this guy own 3% of the bankroll then he should get 5.85 LTC (*4.5 LTC before the change*) if I am not mistaken. Well guess this was not the case with the fluctuations...if he earned >2 LTC will be lucky, so to extrapolate this he will be very very grateful if he can recover his initial funds by the end of the 2021 summer considering the actual 35% is only available until the end of this year. Of course this speculation excluded a big whale losing/winning much Wink

For BTC until now the situation is quite stable, no big modification!

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Speaking of LTC investment. I just realized that Yolodice reduced commission to 35%.

Quote

We are lowering commission on all LTC investments to 35% till 31st December 2020. This applies to all new and existing investments!

This should help recover loses for LTC investors, but i doubt that guy like this one will recover before 2022.

xxjumperxx

sr. member

Activity: 574

Merit: 272

Buy Bitcoin!

Quote from: Tytanowy Janusz on September 13, 2020, 01:57:37 PM

Guys... diversyfication is a must have in bankroll investment.

This is so true, glad someone is repeating it!
Bankroll investing is by no means a sure thing, the chances do become pretty good in long term though.

Short term someone can just come in and clean up house and in the worst case take his winnings and bail!

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: Tytanowy Janusz on August 28, 2020, 05:51:59 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?

I was expecting to see at least small recover but LTC investors didn't even get handkerchiefs to wipe their tears. This crazy winner just take 5k LTC and left. Crazy...

Guys... diversyfication is a must have in bankroll investment.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: KTChampions on September 10, 2020, 04:56:25 PM

Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think.

Yeah definitely, since the house is most of the time winning then at the long term (years) having a bigger share will provide a bigger return, especially if whales weren't counted Wink

However in the short - medium In Yolodice this cannot be guaranteed! For example, the LTC investors suffered twice big losses in less than a year leading to more than 70% of their initial investment to disappear, recovering it will be challenging! I tried to estimate the amount won by the bankroll after ethan made the change for them and it seems to be 320 LTC?/14 days. There were like 4k LTC still missing from the bankroll and even recovering it will not make -70% returns to 0%. Most likely LTC investors have to wait for +6k LTC in the bankroll to start winning again without counting another big drop or repetitive smaller ones...

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: snipie on September 10, 2020, 04:02:01 PM

Quote from: KTChampions on September 10, 2020, 12:02:28 PM

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

Well it works on both directions actually

Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge.
Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses]
So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose Wink

Yes, I perfectly understand this, we can say that by increasing our share, we increase the volatility of our deposit. And events such as that LTC winning can destroy our deposit if we have a large share. But if we discard the "out of the ordinary" cases, then at a distance it is most profitable to have the largest share, I think.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: KTChampions on September 10, 2020, 12:02:28 PM

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

Well it works on both directions actually

Let's give an example: 100k doge will be shared between investors. If I own 0.01% of the bankroll I will get 10 doge as profit but if I own 0.0001% then I will get only 0.1 doge.
Same goes when losing, if a whale grab 10M doge and I own 0.01% I will lose 1k doge while my losses with 0.0001% of the bankroll will be just 10 doge. [I already deducted the site profit/losses]
So the bigger bankroll share we have when players are losing the bigger our profits, and the smaller the share when a whale is winning the lesser we lose Wink

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: Reid on September 06, 2020, 01:24:58 PM

~
I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though.
Does that mean some of the investors are already out?

If this is not a secret, then tell me what kind of money did you invest? hundreds/thousands and so on

Quote from: snipie on September 09, 2020, 05:35:28 AM

Yeah some investors closed their investments after the good record. I think they are just short term investments.
Maybe it is better to track it from time to time to have a better idea Wink

Today:
Currently invested   182.68532327 BTC
No. of open investments   144
No. of current investors   82

If I understand correctly, then the exit of investors provides a great opportunity for income for the remaining investors and for new investors due to the increasing share?

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
This week was quite stable with a tiny growth in our investment and a little drop in the bankroll share. Although there was a rise in the investment profit in BTC, the USD price dropped because of the recent ~$1.5k drop from the btc/usd pair.

Quote from: Reid on September 06, 2020, 01:24:58 PM

Does that mean some of the investors are already out?

Yeah some investors closed their investments after the good record. I think they are just short term investments.
Maybe it is better to track it from time to time to have a better idea Wink

Today:
Currently invested   182.68532327 BTC
No. of open investments   144
No. of current investors   82

Reid

hero member

Activity: 3024

Merit: 651

Quote from: snipie on September 02, 2020, 07:17:36 AM

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

Your numbers are looking great and of course, so does mine.
It went down a bit last time we discussed it at Yatsan's thread. But, the good thing is we don't see it falling like last month.

I am also at 12 percent, 12.8509% to be accurate. Our share in the bankroll grew a lot though.
Does that mean some of the investors are already out?

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: snipie on September 06, 2020, 09:00:09 AM

Quote from: KTChampions on September 06, 2020, 07:38:34 AM

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small

Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) Roll Eyes

Yeah of course, the more we have shares in the bankroll the more we will earn. However 10x my initial investment is a number that I can't afford to lose + the LTC scenario could happens with BTC too especially when I see people having big funds and don't mind to risk it Wink

If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan.

Yes, it seems to me, this event with LTC alienated many potential investors. If I had not followed your topic and the topic that Yatsan created, I would not have imagined that this is possible. I thought that the casino has a more stable income and investments in it are almost 100% safe.
So again, thank you very much for this topic)

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: KTChampions on September 06, 2020, 07:38:34 AM

Quote from: snipie on September 02, 2020, 07:17:36 AM

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

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small

Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) Roll Eyes

Yeah of course, the more we have shares in the bankroll the more we will earn. However 10x my initial investment is a number that I can't afford to lose + the LTC scenario could happens with BTC too especially when I see people having big funds and don't mind to risk it Wink

If you will say long term investment, I will answer yeah but how long? I still want to see when the LTC investors with - 70% ROI will start earning again even with the recent help from ethan.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: snipie on September 02, 2020, 07:17:36 AM

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

An excellent result even for a year-long investment period. Do you want to increase your investment? Investments show an excellent result in percentage, but in kind they are very small

Now, if you increase the capital 10 times, then the amount of profit becomes more interesting (if the profit continues to be the same size) Roll Eyes

Topic: Snipie's gambling investment test - page 9. (Read 6453 times)